Donald Trump spared jail and fine in New York hush money sentencing    Mel Gibson says his home burned down in LA fires    Violent protests in China after student falls to his death    Viral plea on social media saves Chinese actor from Myanmar's scam centers    Karim Benzema reconnects with Real Madrid roots during visit to their base in Jeddah    Real Madrid sets up Spanish Super Cup final clash with Barcelona in Saudi Arabia    Al Nassr stages comeback to defeat Al-Okhdood 3-1 in Saudi Pro League match    Al-Hilal striker Aleksandar Mitrović sidelined for three weeks due to injury    Al-Jasser inaugurates phased operation of Terminal 1 at Riyadh airport    NCM forecasts rainfall in most Saudi regions until Sunday    SFDA warns of potential risks associated with high doses of Ginseng    King Salman and Crown Prince congratulate new Lebanese President Joseph Aoun    Energy minister: Saudi Arabia is keen on enhancing energy cooperation with Greece    GASTAT: Industrial Production Index rises by 3.4% in November 2024    Minimum 30-day validity of Iqama is required to issue final exit visa    Al-Qaryan Group begins 125,000 m2 decommissioning project for Ibn Rushd in Yanbu    Oscar nominations postponed because of LA fires    Islamic Arts Biennale 2025 to witness first-ever display of full kiswah of Kaaba outside Makkah city    Oman aims for metro project by 2032, minister says    Demi Moore continues comeback with Golden Globe win    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Indian shop owners, activists protest Wal-Mart, other mega stores
Published in Saudi Press Agency on 09 - 08 - 2007


Small shop owners, trade unions and
left-wing activists rallied in India's capital on Thursday
to protest moves by Wal-Mart and other foreign megastores
to enter the Indian market, according to AP.
The protest was relatively small, attracting only a few
hundred people, who shouted and burned effigies that
represented Wal-Mart and its local partner, Bharti
Enterprises.
But the rally underscored how tensions are growing in
India as the country's economic boom moves beyond
high-technology and other big businesses that employ
relatively few people and starts transforming parts of the
economy that provide livelihoods for hundreds of millions
of people _ and have remained largely unchanged for
generations.
Since the start of the year, there have been spasms of
violence by farmers angry over losing their land to big
industrial projects, and a communist insurgency has
continued to intensify in the hinterlands of southern and
eastern India.
Organizers of Thursday's protest said it was now the turn
of the country's estimated 12 million mom-and-pop shops to
be heard, promising more rallies.
«This is just the first days of a long campaign,» said
Dhamendra Kumar of India FDI Watch, a group that's lobbying
against the big stores. «Corporate retail is going to
crush the spirit of this country.»
The protesters' slogan, «Quit Retail,» is a play on
Mohandas Gandhi's famous «Quit India» slogan, which
rallied the country to independence from Britain 60 years
ago this month.
While the rise of a mall culture in India, and the chains
and megastores that go with it, has been welcomed by many
in the country's rising middle class, opposition is growing
to foreign chains like Wal-Mart and domestic companies that
are setting up similar chains.
«My business is going down. I can't offer discounts the
big shops offer. Why is the government not protecting us?
We are not fit for other jobs if we lose our businesses,»
said Alok Prakash, who owns a small general store in
Mumbai's busy Dadar market.
But highlighting how difficult a task it is to rally
opposition to megastores, Prakash had not even heard of the
protest planned in the evening and a day-long strike called
for that city's stores.
Other shop owners in Mumbai said they would only close if
their competition did as well _ and that wasn't happening.
«Why will I close when the next shop is open? All my
business will go to him. A strike makes sense only if all
participate,» said Prem Patel, who sells grains and other
provisions in Mahim, a suburb of Mumbai.
On Monday, Bentonville, Arkansas-based Wal-Mart, signed a
deal with Bharti Enterprises to jointly build wholesale
outlets that will buy goods from farmers and small
manufacturers and sell to retailers.
Critics say the move is a backdoor attempt by Wal-Mart to
gain entry to the Indian market, which remains off-limits
to stores that sell a variety of different brands. Those
that offer only a single brand were allowed in last year.
With its 1.1 billion people and growing middle class,
India is considered a rich prize for big retailers.
Wal-Mart is not the only foreign chain seeking to tap a
market estimated to be worth more than US$250 billion and
growing at a rate of 20 percent a year.
Global retailers like Carrefour SA of France, Tesco PlC of
Britain and Metro AG of Germany have lobbied the Indian
government to liberalize rules protecting the retail
market.


Clic here to read the story from its source.