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“Progress from agriculture to industry logical”
Special Correspondent
Kolkata: West Bengal Chief Minister Buddhadeb Bhattacharjee said while it was essential to bring in big corporate houses to modernise the market mechanism, it was as important to go slowly and cautiously.
Addressing the 153rd annual general meeting of the Bengal Chamber of Commerce and Industry, he said: “There is a controversy over the entry of overseas companies and also domestic companies in retail. While we have to switch over from the old to the new type of market mechanism, we need to do so cautiously.” “Small vegetable marketers may lose jobs if big retail comes, and we need to solve this problem,” he said. adding that he was trying to formulate “a compromise formula to find a modern market mechanism without sacrificing employment,” He but declined to elaborate on this.
Coming down sharply on the Opposition for misleading the people, he said that they did not understand anything. “At Nandigram, before we could convince the people, the Opposition successfully misled them and I faced a horrible situation.”
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