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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 890 |
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According to the statistics there are as many as 2000 people who lost their vegetable business in a district just because of launching of 3 retail reliance fresh in that district. If so is the scenario there are 85 reliance stores in Andhra Pradesh and more than 2500 in India and there are many other retail chains also such as food world, spencers, trinethra, fresh @ , etc...
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Therefore the unemployment rate in India will gradually increase and it will directly hamper the growth of the Indian economy. “So then how will Indian economy benefits by organized retail chains?â€
The counter side of the argument is that the organized sector accounts for just 2 per cent of the trade and employs just five lakh people...
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