Don’t pity the kirana guy, he knows how to fight back

Never underestimate the resilience of the kirana shop owner. Rest assured, competition won’t kill him. The hullabaloo over 51 percent FDI in multi-brand retail is a bit off-focus. The argument is that it would bring global players with deep pockets such as Walmart, Carrefour and Tesco into the picture and subsequently drive the neighbourhood mom-and-pop stores out of the market.

Read Full Story>>