Kerala traders to protest FDI in retail
November 25th, 2011 - 7:17 pm ICT by IANSKozhikode, Nov 25 (IANS) The two main bodies of traders in Kerala will down their shutters Tuesday to protest the centre’s decision to allow 51 percent foreign direct investment (FDI) in multi-brand retail in the country.
Kerala Vyapari Vyavasayi Ekopana Samithi (KVVES) president T. Nasaruddin told reporters in Kozhikode that the protest on Tuesday is just a token one.
“We will take out demonstrations and stage dharnas in district headquarters because this is going to finish us. Close to five million people are going to be affected by the centre’s decision,” said Nasaruddin.
Leader of Opposition in the state assembly V.S. Achuthanandan told reporters in Kozhikode that the government should reverse its decision of allowing FDI in retail because the small traders would “vanish from the market”.
The Kerala State Vyapari Vyavasayi Samithi, the second organisation of traders, said the cabinet decisio will sound the death knell of small traders who “will succumb to the big corporates”.
“Just as what we see in the farmers community, where suicides are common, this indiscriminate act to please the corporates would drive the small traders to commit suicides. This has to be withdrawn and Tuesday’s protest is just the first protest by us,” KSVVS state secretary E.S. Biju told reporters in the state capital.
- Kerala traders shut down to protest FDI - Feb 22, 2012
- Microsoft 'disappointed' with hold back on retail FDI - Dec 09, 2011
- Tripura government opposes FDI in retail - Nov 30, 2011
- Strike against FDI in retail affects life in Tripura - Dec 01, 2011
- 'FDI in multi-brand retail a bold step by PM' - Nov 25, 2011
- FDI in retail: Complete shutdown in Himachal - Dec 01, 2011
- Chhattisgarh shuts down against FDI in retail - Dec 01, 2011
- No retail FDI in Bengal, says Mamata - Nov 28, 2011
- PM speaks to Trinamool, DMK on FDI (Lead) - Nov 30, 2011
- Mixed response to FDI strike in Punjab, Haryana - Dec 01, 2011
- Traders observe shutdown in Kerala - Feb 23, 2008
- FDI war: Deadlock deepens, BJP rejects Congress truce offer (Intro Roundup) - Nov 30, 2011
- PM defies calls for rollback of FDI in retail (Lead) - Nov 29, 2011
- Kerala traders close shops in protest against retail giants - Jul 10, 2008
- Set aside petty politics on FDI in retail, urges India Inc (Roundup) - Nov 28, 2011
Tags: biju, corporates, death knell, demonstrations, district headquarters, farmers, fdi, foreign direct investment, kerala state, kozhikode, leader of opposition, shutters, small traders, state assembly, state secretary, suicides, v s achuthanandan