Premium
This is an archive article published on September 3, 2007

UP farmers back Reliance stores

Nearly 3,000 farmers in Lucknow protested against Uttar Pradesh8217;s decision to close 10 new Reliance supermarkets following protests by small traders.

.

Nearly 3,000 farmers joined hands on Sunday in Lucknow in a protest against Uttar Pradesh8217;s decision to close Western-style supermarkets.

Citing law and order problems, Uttar Pradesh closed 10 new Reliance supermarkets 11 days ago following protests by small traders, who say that the new stores, part of plans to modernise the USD 350 billion fragmented retail sector, would hurt millions of shop owners.

The closures snowballed, with Reliance Industries Ltd, India8217;s biggest private company, putting on hold the opening of hundreds of air-conditioned supermarkets across northern and eastern India.

Forming a human chain along the main thoroughfare of Lucknow, thousands of farmers shouted 8220;We want the reopening of all retail stores!8221;

The farmers say the Western-style supermarkets would enable them to make bigger profits by selling their produce to them. Small traders argue that the big supermarkets will drive them out of business.

New supermarkets have become a lightning rod for fears that India8217;s rapid modernisation will destroy the livelihoods of millions of Indians who work in street markets or small shops.

 

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
Advertisement