FDI debate in RS: 'Lame-duck' UPA dependent on costly support, says Arun Jaitley

"I challenge Mr Sibal, who spoke for FDI, to get a store opened in his constituency (Chandni Chowk). Elections are round the corner and he will come to know what the people want," he said.

Jaitley also pointed out that every change is not a reform.

"Because some western countries define reform or economic progress as such, should we accept this? Can you as commerce minister tell USA that their subsidies to their farmers is not economic reform?" he asked, while gesturing out to Union Commerce and Industry Minister Anand Sharma.

"And to accept such reforms... what is the context with relation to the Indian economy? What is the job structure in India? 51 per cent are self-employed, most in agriculture and next small retail traders, 40 million people directly employed, add families to that and the figure of 4 crore becomes 18-20 crore," he added.

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