Tuesday, July 3, 2007

Kerala Govt Mulls Ban On Organised Retail

The Kerala Government is all set to bring in legislation to prevent multinational companies and larger Indian companies from entering the retail sector.The Left Government says that opening up of the retail sector would harm consumers in Kerala and also affect the strong PDS network.

So far as the allies are concerned West Bengal has invited others. I tell you there is something wrong with the Kerala government, said a harried and perplexed congress minister Subodh Kant Sahay, Minister for Food Processing. Retail outlets from Reliance or Big Bazaar may not be seen in Kerala if the state government has its way. The state government plans to ban the entry of private players in the retail sector which many be see as an essential part of urban lifestyle.

A legislation is expected shortly, which if passed would make Kerala the first state in the country to do so. The move comes months after the Kerala government cleared 6 out of 70 proposed retail outlets by Reliance in Kochi. Now the government says even these will be cancelled once the law is passed.

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