FDI in retail won't help or hurt, says Arun Shourie; BJP seeks distance
Senior BJP leader Arun Shourie has said that though he agrees with the government's decision to increase diesel prices, reports that he praised the decision to liberalize the retail sector are incorrect. "I praised only his diesel price hike," the former union minister said. He described as inconsequential the move to open up the country's vast retail sector to foreign super-chains like Wal-Mart. "This will neither hurt, nor hurt," he said. Mr Shourie also pointed out that large retail chains already exist in India and have not been able to oust small kirana shops (corner-shops).
