Is supreme courtís apprehension regarding FDI valid?

GN Bureau | January 23, 2013



The supreme court has asked the centre if its FDI in multi-brand retail policy was only a “political gimmick” or led to some investments as well. The court expressed its apprehension as to how the interests of small traders would be protected. It said, “It is going to affect the fundamental rights to carry out trade? What are the checks that you are going to put to remove the obstruction as far as their trade is concerned?” It sought for some regulatory measures from the centre to ensure that small traders do not suffer.

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