November 26, 2011 02:58 pm | Updated November 16, 2021 11:55 pm IST - Madurai
Tamil Nadu Chamber of Commerce and Industry has opposed the 51 per cent FDI in multi-brand retail sector.
In a statement here, Chamber senior president S. Rethinavelu expressed concern over the Union Cabinet approval and sought Prime Minister Manmohan Singh and Chief Minister Jayalalithaa’s intervention in the matter.
Allowing huge foreign companies into this sector would harm the country’s food security, and millions of workers would also lose their jobs, he said.
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.
