Article

2007-02-18 India-Pakistan

No Wal-Mart tag for their stores in India

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Posted by John Frum 2007-02-18 07:55|| || Front Page|| [9 views since 2007-05-07] Top

#1 The real Indian PM was written to the official PM..

Sonia writes to PM: Tread cautiously on FDI in retail

The caution came in the form of a letter from her to PM Manmohan Singh, asking the government to take into account the implications that these transnational giants could have on neighbourhood kirana stores, a business news channel reported on Monday.

"I have received suggestions from many quarters about the desirability to first study the possible impact of transnational supermarkets on livelihood security of those engaged in small scale operations... I thought I would convey this to you so that you may consider having the relevant issues properly examined before further decisions are taken," the channel quoted Gandhi as saying.

Posted by John Frum 2007-02-18 09:54|| 2007-02-18 09:54|| Front Page Top

#2 Muslims protest against FDI in retail

Just when they appeared to have weathered class-based protests, economic reforms are facing a new kind of opponent: a community-based mobilisation led by Muslim clerics.

A move seems to be on to organise the clerics to protest against SEZs and FDI in retail saying that they marked a serious threat to the existence of "15 crore poor of the community".

Haji Yaqoob Qureshi, estranged minister in Mulayam Singh Yadav ministry, who rose as community leader after offering Rs 51 crore booty on the head of theDanish cartoonists, was the chief guest, as Maulanas and community leaders lectured the gathered youngsters from madrassas on the threat of FDI.

Speeches harped on the theme that SEZs and FDI in retail, as symbolised by the moves by the US giant Wal-Mart to enter India, marked a real threat to the livelihood of small Muslim traders who account for quite a big share of the community's population.

The appeal against FDI is being fused with anti-US sentiment among Muslims to mobilise the community. Shabbir Ahmed, who teaches in a madrassa, said if US companies were allowed entry, they will not only kill small retailers but also create social behaviour which leads to troubles.

Posted by John Frum 2007-02-18 09:56|| 2007-02-18 09:56|| Front Page Top

#3 If it's cargo you want Wal-Mart got it.

Posted by Shipman 2007-02-18 11:54|| 2007-02-18 11:54|| Front Page Top

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