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This relieves how underdeveloped our retail sector is?
This business is vital from socio economic point of view. FDI in retail sector would dislocate millions from their occupations and would definitely crowd out the domestic investment and employment. Thus, pushing million’s below the poverty line...
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Thus, pushing million’s below the poverty line.
Thus, there is no justification in allowing FDI in retail business in our country. Instead the government should help it to develop, as it has huge capacity of absorbing many unemployed.
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