Agrofood chamber wants to protect small traders from giant supermarkets

Domestic industrial and trade giants should be prohibited from entering into retail trade, as one retail supermarket makes hundreds of shops in the vicinity to shut down and force their owners to go i

Domestic industrial and trade giants should be prohibited from entering into retail trade, as one retail supermarket makes hundreds of shops in the vicinity to shut down and force their owners to go in search of jobs.

In a memorandum to Prime Minister Narendra Modi, Agrofood Chamber of Commerce and Industry president S Rethinavelu has said that while there is separate enactment to protect Micro, Small and Medium Manufacturing Enterprises (MSME Act), there is nothing to protect innocent, and mostly illiterate, small retail traders.