CAIT, RSS-affiliated outfits seek govt intervention in Walmart deal

SJM asked the PM to ensure that the interests of those at the bottom of the pyramid in retail and agriculture space are guarded

Retailers on Wednesday termed Walmart’s majority stake acquisition of Flipkart as a ‘backdoor entry’ into India’s retail trade and demanded the Centre bring a policy to regulate online trade. Farmers’ organisations said Walmart expanding its footprint in the sector might benefit some but would harm small and marginal farmers.

Confederation of All India Traders (CAIT), a traders’ lobby group, as well as outfits affiliated to Rashtriya Swayamsevak Sangh (RSS) sought Prime Minister Narendra Modi’s intervention, and said they might hit the streets if their concerns were not addressed.

Bharatiya Kisan Sangh, a farmers’ organisation affiliated to the RSS, and Sangh-affiliated economic think