India 'suspends' plan to open up to global supermarkets

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http://www.bbc.co.uk/news/world-asia-india-16018664

India's government is reported to have put on hold plans to open up the retail market to global supermarket chains.

Just days after approving long-awaited proposals to raise the limits on foreign investment, a government ally said he had been told the policy was suspended.

The decision to allow chains such as Walmart and Tesco into India has sparked fierce opposition.

Critics fear the move would destroy millions of jobs and businesses.

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1. "Critics fear the move would destroy millions of jobs and businesses."

The Critics are quite correct. That is exactly what would happen.

[saras]

2. Why does the media always use the word "fear" for rational anti-business decisions?

[Vincardog]

4. It sounds more "Iffy" than saying "Critics KNOW that it would destroy millions of jobs and business

There is no doubt that it would destroy many many lives and businesses

[Vincardog]

3. Why is the Indian government more responsive to its' citizens than the US Government?

Oh yeah MONEY runs the US and the Indian government is afraid of its' people.
The American people are afraid of their government. Something is wrong with our system.

[Diclotican]

5. xchrom

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Good for India - bad for Walmart I guess... India is a country of more than One milliard customers. And I guess Wal-Mart and the rest of the big retailers would love to get a hand on that marked...

Diclotican