not sacrosanct and it must be within the constitutional parameters. We are not policy makers and we can not substitute government policy but we will see that it is reasonable and within the constitutional framework," the bench said.
The court adjourned the matter for five weeks. The Confederation of All India Traders welcomed the court's observation on protecting the interests of small traders.
"The issues raised by court for the protection of small traders is a welcome step. We have always advocated that Centre must put in place mechanism or regulatory framework to protect the interest of small traders who are very apprehensive about the FDI policy in retail," general Secretary of Praveen Khandelwal said.