This article examines the implications penetration and expansion of what is often called “organised retail” or “modern retail” , though “corporate retail” would be the more accurate term. The growth of corporate retail not only will not address the key problems plaguing India’s economy today – it will greatly exacerbate many of them. In particular, the crisis in agriculture, environmental destruction, declines in land productivity, urban unemployment, price volatility and unequal access to resources would all be worsened by unchecked growth of corporate retail.This Paper was prepared by Shankar Gopalakrishnan and Priya Sreenivasa, Published in Economic and Political Weekly on .
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Dec 1, 2011
Corporate Retail: Dangerous Implications for India’s Economy
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