Traders observe bandh in TN, Puducherry

PTI Updated - November 13, 2017 at 12:45 AM.

Shop owners in Tamil Nadu downed their shutters today protesting against Centre’s decision to allow 51 per cent equity in multi-brand retail.

Nearly 20 lakh traders in the State were participating in the dawn-to-dusk strike spearheaded by the Tamil Nadu Vanigar Sangakalin Peravai, a body representing traders.

The Peravai leaders wanted the Centre to roll back the decision as FDI in retail trade would “harm” shop owners and workers.

The famous Koyambedu Vegetable Market in Chennai was also closed for the day as a mark of protest.

However, hotels were not participating in the strike.

The Tamil Nadu Chief Minister, Ms J. Jayalalithaa, had strongly condemned the decision, alleging it was taken under pressure from a few retail giants. The Tamil Nadu Government would not allow multi-brand global players to set up their markets in the State, she had stated.

The DMK President, Mr M. Karunanidhi, who’s party is an ally in the ruling UPA, had also raised apprehensions over the Centre’s decision and demanded the decision be withdrawn immediately.

A report from Puducherry said all shops and business establishments downed their shutters to register their protest against the Centre’s decision.

The bandh was called by the Puducherry Chamber of Commerce. Various political parties have also supported the bandh.

Published on December 1, 2011 05:48