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Retail FDI in the cross hairs
The government’s backtracking on opening up FDI in retail shows that its heart and mind are at loggerheads. Once the Cabinet cleared the policy, it was expected of the government to stand firmly behind it. Instead, its lack of conviction and half-hearted support to the policy has brought the entire process to a standstill
The flip-flop on FDI policy in retail is proving to be a major contretemps for the Congress-led ruling UPA-II government at the Centre. Barely days after the government announced on November 24 that i....Read More

‘‘FDI in retail should address three essentials’’
FDI in retail is not an ummitigated good. In the Indian context, where the livelihoods of millions are tied to farming, the question has to be handled with sensitivity and care, says eminent agriculture scientist M. S. Swaminathan in a chat with B&E’s K. S. Narayanan.
B&E: What do you make of the current debate on FDI in retail?
Dr. M. S. Swaminathan (MS): There is no serious debate. There ought to be serious discussion. It is all becoming very p....
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