Press Release

28 October 2010

Government of India has been making all out efforts to pave the entry of multinational corporations into retail sector. In January, 2006 the government opened up the single brand retailing for multinational corporations. These MNCs had already made inroads into the multi brand retailing in the name of cash and carry by backdoor in the guise of wholesale trade.


24 May 2011

S. Gurumurthy, co-convener, Swadeshi Jagaran Manch, today charged that Sonia Gandhi and UPA government that have vested interest in protecting corruption can never take action on the front of prosecuting those who have stashed money in tax havens in foreign country.

When they themselves have their money in foreign countries how can they be expected to act to disclose the names of those having illegal foreign accounts, he asked a jam-packed speaker’s hall at the constitution club.



Apprehension expressed by SJM about Government’s all out efforts to pave the entry of multinational corporations into retail sector are proving to be well founded. In January, 2006 the government opened up the single brand retailing for multinational corporations. These MNCs had already made inroads into the multi brand retailing in the name of cash and carry by backdoor in the guise of wholesale trade.

22 August 2012