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FDI in Multi-brand Retail in India: Tread the Path Cautiously

Foreign direct investment (FDI) in multi-brand retail evokes much emotion, as a result of which there is more heat than light. While the various political parties and assorted other antagonists to and protagonists of corporatised, modernised retail have been engaged in debate for more than a decade,...

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Bibliographic Details
Main Author: Shrawan Kumar Singh
Format: Journal Article
Published: Abhigyan 2014
Subjects:
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100 |a Shrawan Kumar Singh  |9 46704 
245 |a FDI in Multi-brand Retail in India: Tread the Path Cautiously 
260 |b Abhigyan   |c 2014 
300 |b Vol 32 No. 3 (October - December 2014)  
520 |a Foreign direct investment (FDI) in multi-brand retail evokes much emotion, as a result of which there is more heat than light. While the various political parties and assorted other antagonists to and protagonists of corporatised, modernised retail have been engaged in debate for more than a decade, the ground realities of the so-called organised retail have undergone a complete transformation. The political parties which are advocating FDI in retail refuse to accept that there is any dark side to it while those who are opposing the policy see none of its positive aspects. But the proposed policy is primarily an economic one and like many such policies it is likely to affect different groups of people differently. It is, therefore, both necessary and desirable to understand the possible effects of the policy on the overall economy and on the groups and fragments of people lying within it. FDI in retail needs to be tweaked in enlightened self-interest of the nation. 
650 |a FOREIGN DIRECT INVESTMENT;  |a AGRICULTURAL MARKET PRODUCE COMMITTEE (AMPC);  |a INFLATION;  |a KIRANA STORES  |9 46920 
942 |c JA 
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