Have confidence in the kiranas
The politics and economics of foreign investment in multi-brand retail has the potential to seize the imagination of large sections of India’s urban middle class and the farming community in the run up to the 2014—or earlier—elections. The UPA has done well to create a robust debate around the question of the benefits or otherwise of allowing foreign investment in Big Retail. There is a new political polarisation happening around the issue of FDI in retail.
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