Indian people shop at a store in Mumbai, India, Friday, Sept. 14, 2012. India agreed to open its huge market to foreign retailers such as Wal-Mart as part of a flurry of economic reforms aimed at sparking new growth in the country's sputtering economy. (AP Photo/Rajanish Kakade)

Destruction Of Small Businesses In India As International Companies Move In

(MintPress) – Millions of Indians took the streets yesterday to protest a new law allowing for complete foreign ownership of Indian companies. Critics charge that reforms by the Singh government will allow major Western corporations to enter the Indian market, destroying small businesses and harming public sector employment. The entry of major corporations like Wal-Mart generally […]