News

MERCHANTS PROTEST CENTER’S MOVE TO PERMIT MULTINATIONALS IN RETAILS BUSINESS

The merchants of APMC market are protesting against the center’s decision to permit multinationals in retail business. Here is a report. The Central government has invited suggestions and objections on whether multi national companies should be permitted to enter the retail market or not. This would spell threat to the survival of merchants like the ones at APMC market. Claiming that it would increase unemployment, farmer’s interests would be hurt and threatens survival of the wholesale market, merchants of APMC came out on roads to protest this. He said that if multinationals were so keen, they should enter industries that provide basic services like food, power, roads and the likes. Another merchant Sanjay Pansare said that this would lead to unemployment. The merchants have threatened to intensify their protest if the center does not scrap the decision of permitting multinationals to enter retail industry. Bureau report – NMTV News.

Tags

Related Articles

Back to top button
Close
Close