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FDI in retail: an unfinished debate

Posted by [email protected] on May 8, 2012 at 12:00 AM Comments comments (1)

Thomas Mathew: I think all this'romanticism' around 'small retail businesses' is hog wash, these so called'small retailers' are not as 'small' as they project themselves to be, they arethe biggest tax evaders,in fact hardly pay any tax, their employees are paid apittance, a lot of times they employ child labor, their practices includeextensive use of counterfeit brands, widespread adulteration and what not. Iflarge retail brands come up they are certainly going to offer better wages,be...

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