CPI leader and State general secretary of Vyapari Vyavasayi Federation P. S. Supal has warned that large scale corporatization would soon wreck the State retail sector, adversely affecting livelihood of thousands of people.

Inaugurating a district convention of the federation here on Tuesday, the CPI leader said that by allowing corporates to enter the sector, the government was paving the way for destroying the flourishing retail sector of the State.

He warned there would be serious repercussions if corporates and monopolies were allowed to enter the farm sector. Accusing the UDF government of being insensitive to problems of the sector, he said merchants had not been getting benefits of welfare fund for the past three years and warned of an agitation to secure these.

The federation district president M.K. Kutty, and Kerala Vyapari Vyavasayi Ekopana Samithi president K. Hassan Koya also spoke. K. P. Abdul Azees, lawyer, spoke on ‘new service tax and merchants.’ The following were elected district office-bearers - P. Radhakrishnan (patron), M.K.M. Kutty (president), M. Mohammed Basheer (secretary), Iqbal Kannankandy and P.V. Muhammed Ismail (vice-presidents) and P. Kunhalankutty (treasurer).

More In: Kozhikode