Calling the FDI in Retail as real demon which will enable the global retailers to eat the Indian Retail Trade by controlling and dominating the same with their vast resources and enormous power, the protestors demanded the Government to roll back FDI in Retail since it will hammer the livelihood of farmers, hawkers, labourers, small industries, transporters, traders, consumers and other sectors of retail trade.
The trade associations across the country burnt the effigy of FDI Ravan.
In Delhi, the traders gathered in large numbers at Karol Bagh, one of the prominent markets of Delhi and shouted slogans against the government policies.
Charging the Government for a sinister conspiracy to hand over Indian retail market to global retailers, the CAIT Secretary General Praveen Khandelwal said that it is most unfortunate that people who have studied in foreign countries and who do not know the ground realties of how retail trade in India works, have been framing the economic policies of the Country on the basis of incorrect figures and facts and reports of Multinational agencies.
The tall claims of benefits of FDI in Retail advanced by the Government are completely hollow and imaginary. " If really the Government has credible statistics to back its arguments it should accept the challange of an open debate thrown by the CAIT earlier", said Khandelwal.
He also lambasted industry organizations like Ficci, Assocham, CII etc for their dubious role in extending support to FDI in Retail without consulting their member organizations.
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