india retail

By Priya Nigam

I keep reading about the high inflation rate India is reeling under. Does that really stop us from some well deserved “retail therapy”? No, not really.

By Vipin Agnihotri

In my opinion, it’s a great irony that on one hand Finance minister of India P Chidambaram is pretty confident that FDI in retail is only a matter of time, while on the other the government assures that the retail sector, valuing more than $300 billion, will be opened for FDI only after the mom-pop stores are convinced that it will not pose any sort of danger to them.

Imagine a luxury avenue like New Bond St in London or 5^th Ave in New York in the middle of Bombay or Delhi. Believe me, some savvy real estate developers are thinking of such a concept today.

One of the many blogs we read here is India Retail Biz and while I don’t know the team that runs the site, their news analysis is solid and specific to India retail. When I read their article titled Reliance faces another storm; this time it is Uttrakhand! I was struck by the alarming pattern of anti-free trade practices by a select group of traders. I want to urge our readers to support Reliance (even if you don’t like the company) and notify your government leaders to support free trade in retail. India simply can’t have these incidents take place without a strong reaction from the government. Both farmer and business are aligned in this fight against the anti-free-traders which clearly tells me the fight is just.

By Vipin Agnihotri

By Vipin Agnihotri