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Posts Tagged “FDI”

Fri 30 Mar 2012

Fear of Walmart

After a ruckus the government agreed to roll back the proposed decision to increase FDI in retail sector. This could have paved way for the behemoth giants like Walmart to enter India. Indian Inc. was largely disappointed with the lack of much needed retail reform while the opposition parties including the local shopkeeper rejoiced over the fear of Walmart.

My lack of education in economics convinced me of my inability to form an opinion on this matter. But as a concerned citizen , I tried to understand the repercussion of such an important law debated in the parliament...

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