The objective, it says, is to prevent monopolisation and protect the local general stores. The proposal unveiled by party general secretary Prakash Karat on Wednesday has proposed that a system of licencing should be introduced for organised retail.
Targeting the big players, it says any retail outlet with a floor area exceeding a certain specification should require prior licence from local authories.
Licences should be given on the basis of a population criterion, i.e. not more than X number of large format retail stores per Y population, it says, adding that the parameters may vary between states and cities depending on the nature of the retail sector and the needs of consumers.
THE RETAIL JUGGERNAUT
Reliance Retail has announced 100 million square feet area of retail stores by 2010
Some people were complaining that by opposing FDI in retail we were supporting big industries like Reliance.
We want to make it clear that we stand for the millions of petty retailers who are at the receiving end due to the entry of Indian corporates in retail trade, Karat told reporters here on Wednesday after releasing the note.