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PM firm on FDI in retail

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  • Published On: November 29, 2011
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It was at a Congress conclave for youth leaders that the Prime Minister defended his government's decision to allow 51 per cent foreign ownership of multi-brand retail shops. To a far calmer audience than the one that he will greet in Parliament, the Prime Minister said he is confident that Foreign Direct Investment in retail will benefit farmers, small retailers, the country as a whole.
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