Friday 10 August 2012

members of VVM Varanasi 9 August 2012

Times of India
VARANASI: In response to a call given by Uttar Pradesh Udyog Vyapar Pratinidhi Mandal, members of Varanasi Vyapar Mandal staged a sit-in, opposing foreign direct investment (FDI) in retail, at Lahurabir crossing on Thursday.


The members of VVM and other trade associations burnt effigy of a five-faced demon and held a meeting to discuss the key issues of local businessmen. VVM secretary Vishwanath Dubey said the Central government is not concentrating to control price rise. It is standing on knees in front of foreign market. FDI in retail would badly affect local traders and small-scale enterprises. Around 7 crore people will become jobless if the FDI is allowed in retail sector, the traders alleged.

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