News for 'uttar-pradesh-udyog-vyapar-pratinidhi-mandal'

'Big retail chains not meant for India'

Uttar Pradesh Udyog Vyapar Pratinidhi Mandal president and Rajya Sabha MP Banwari Lal Kanchal said said the Parliamentary Standing Committee on Commerce was studying the impact of big malls on small retailers and is expected to submit its report to the central government soon. He is one of the committee members. Kanchal claimed that, in the last five years, an estimated 20 million traders had been rendered jobless due to the sprouting of big shopping malls in the country.