Reliance wants a level playing field

BS reports:

The country’s leading retail chains have raised apprehensions that the collaboration between Bharti Enterprises and Wal-Mart could provide backdoor entry to the world’s largest retailer.

Retailers point out that the government allows 100 per cent foreign direct investment in wholesale cash-and-carry and Bharti Enterprises and Wal-Mart are planning a joint venture in this area.

However, there is nothing preventing them from supplying products to only stores controlled by Bharti Enterprises, which is planning to set up a nationwide retail chain.

According to sources, Reliance Retail boss Mukesh Ambani has met Commerce Minister Kamal Nath to seek a level field for Indian retailers.

What about government giving a level field for smaller retailers, facing unfair competition from Reliance Retail!