AAP should seriously reconsider their economic approach and probably induct the right people to formulate policies on various issues rather than have policies based on sentiment. Every such disastrous step has the power to come back to haunt the present or, probably worse, the future governments. #TheLongView#Lok Sabha#Arvind Kejriwal#retail FDI#AAP#Economic policies
Despite India relaxing a further set of rules governing foreign investment in its retail sector, US retail giant Walmart called off its six year partnership with the Bharti Group while other retailers are now going slow on expansion.
Unless the regulatory framework improves, foreign retailers would continue to be cautious about India. Most international players have already put their India plans on the back burner given uncertainty in the political space since general elections are due in 2014. #HowThisWorks#Anand Sharma#retail FDI#IKEA
FDI can create opportunities for small businesses, for farmers, spur investment in infrastructure and bring benefits to consumers as well as lower food prices. FDI in retail will grow markets in India as it has in China, Brazil and many other developing economies, said the State Department spokesman, Mark Toner #US#parliament#retail FDI#Mark Toner#US-India Business Council