KERALA QUESTIONED STATEMENT OF ANAND SHARMA ON FDI IN RETAIL

CAIT SENT MEMORANDUMS TO CHIEF MINISTERS
In the matter of allowing FDI in Retail, repeated statements have been issued by the
Government recently.One such statement of Union Commerce Minister Shri Anand
Sharma wherein he claimed the support of Kearala Government for allowing FDI has
been contradicted by Kerala Chief Minister Shri Oomen Chandy who has said that State
Government had not written to the Centre supporting the FDI as claimed by Mr. Sharma.
Such a misleading statement of Shri Sharma has questioned the creditability of the
Government.
Why the Union Government is in great haste to allow FDI in Retail by overlooking the
ground realties of Indian Retail Trade is a matter needs a probe-said the Confederation
of All India Traders (CAIT) which is spearheading a national movement against FDI in
Retail Trade. The Government must clarify the pressures which are forcing for making
such statements. The CAIT has strongly said that any move to allow FDI in Retail will
be protested tooth and nail nationwide by the traders and other Stake Holders of Retail
Trade.
The CAIT has written a communication to Chief Ministers of all States and has sent
them its publication " FDI in Retail - Assumptions V/s Facts" in order to apprise them
with the ground realties and detrimental affects of FDI in Retail Trade. The CAIT has
also sought an audience with the Chief Ministers.
The CAIT regretted that on such an important issue, the Central Government did not
think it propoer to talk to Traders who are one of the important constituent of Retail
Trade in a situtation where not only the traders but farmers,labourers,hawkers,consu
mers and other sections of the retail trade are bitterly opposing FDI in Retail Trade.
The CAIT has demanded that the unanimous report of the Parliamentary Standing
Committee submitted on 8th June,2009 to Parliament should be made subject matter
of the discussion on this matter.
For more information please contact CAIT, Secretary General, Mr. Praveen Khandelwal@9891015165,

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