Politics A Victory for the People of Communist-run West Bengal
posted by August 28 at 13:13 PMon
An Indian retailing firm operating Western-style supermarket stores has closed its stores in Communist-run West Bengal state after a spate of attacks.
“We want to protect our company’s properties and we have to ensure the safety of our employees. So we cannot open our stores at the moment,” said Raghu Pillai [of Reliance Retail.]
“This is a victory for the working class, the toiling peasants and the small traders involved with retail of agricultural products,” said [the leader of The Forward Bloc], Ashok Ghosh.
The leader of the state’s main opposition Trinamul Congress party [,Mamata Banerjee,] has also opposed these stores.
“More than 100,000 poor people in our state make a living from retail of agricultural products. We cannot take away their living by allowing big companies like Reliance to enter the sector,” Mamata Banerjee said.
The next front:
US supermarket giant Wal-Mart is to enter the Indian retail market after announcing a joint agreement with India’s Bharti Enterprises.
The two companies said they had signed a deal to “jointly explore business opportunities” in India.
Bharti chairman Sunil Mittal said the two companies intended to open “several hundred” stores across India under the Wal-Mart brand name.