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Wal-Mart Circles Indian Markets, and Indians Push Back

Michele Chen @ In These Times - The marketplace has always been at the heart of India--exuberant bazaars brimming with local hawkers and traditional wares and foods. But the country’s old-fashioned markets may soon be eclipsed by the towering “free market” of globalization, as multinational superstores push the government to open the gates.

The India Cabinet wants to enable businesses with 51-percent foreign direct investment to enter India's retail sector--basically inviting in big box behemoths like Wal-Mart under the banner of efficiency and consumer choice. But many Indians aren’t buying it. This week, UNI Global Union reports that shops went on strike:  Read more.


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