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Reaction to September 20 Bharat Bandh

Government slams general strike

The government has criticized the nation-wide general strike staged by the opposition parties protesting the diesel price hike and the FDI decision in multi-brand retail. The government said that the strike has caused economic losses and made it clear that they won't back down or crack under pressure. Senior ministers of the government has confirmed that they won't roll back the reforms that were made.

The Trinamool Congress ministers would submit their resignations tomorrow as stated by their chief Mamata Banerjee while announcing withdrawing support to the government. The congress said that he bandh has no impact except the economic losses.

Finance Minister P Chidambaram said, "The net effect of this strike is greater economic loss. When you protest, you should not protest in a manner that causes economic losses,"

Law Minister Salman Khurshid said, "We have tried to bring reforms with a human face. Please don't ask whether we are going to change the human face. The human face remains."

CII estimates Rs. 12,500 crore loss

The Confederation of Indian Industry (CII) has said that the nation-wide general strike resulted in a loss of Rs. 12,500 crore ($2.25 billion). The CII said that the government should not buckle under pressure and withdraw the FDI reforms in multi-brand retail that were announced. The CII said, "Today's bandh has been disruptive for business and trade in many parts of the country. While an exact loss for the entire economy is not known, it can be estimated that almost Rs12,500 crore has been the country's loss in terms of disruptions in production and trade,"

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