InvestorQ : Why have the employees of Future Group written a complaint letter to the prime minister?
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Why have the employees of Future Group written a complaint letter to the prime minister?

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Juvina Maggie answered.
1 month ago
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Actually, it is not a letter by all the employees of Future group but only by the women employees and business partners of the group. In fact, India’s prime minister has a new problem to contend with on International Women’s Day. The women stakeholders of Big Bazaar, part of the Future Group, have publicly appealed to PM Modi to protect their livelihoods as the legal battle between Amazon and Future group drags on.

The legal tussle between Amazon and Future Group started over Amazon not being consulted or given the first right of refusal on the Future group deal. For now, the Supreme Court has put the deal on hold and employees are worried that if the deal gets delayed further then RIL may lose interest in the deal and walk out. If that happens then Future group would default on debt and most people will lose their livelihoods.

For now, the dispute looks to continue interminably. In their letter, the women have urged the prime minister to uphold the RIL deal and protect their jobs. They said, the RIL deal was to protect their jobs but that had been neutralized by the aggressive posture adopted by Jeff Bezos of Amazon. The group claims to represent 10,000 women employees and another 200,000 women indirectly earning by working or supplying to the group.

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