Retail FDI: How will you protect small traders, is this a 'political gimmick', Supreme Court asks govt
Is FDI in retail a "political gimmick"?, the Supreme Court today asked the Government while seeking its response on how it intends to safeguard the interest of small traders after opening up the retail sector to foreign direct investments (FDI).
The apex court said that interest of small traders should not be affected by FDI in retail sector. The apex court said that there is apprehension in the mind of small traders that their business would be affected with the coming of multinational companies in retail sector which needs to be allayed by the government by putting some regulatory mechanism.