P. Muralidhar Rao

Prime Minister in his address to the nation, has given various arguments, legitimising his government’s decision to open up FDI in retail. In the following analysis, an attempt is being made to put the things in right perspective. The arguments put forward by the Prime Minister are as follows:
i. Growth of organized retail will create millions of good quality new jobs.
ii. Infrastructure would be built and help saving agricultural produce from wastage.
iii. Farmers will be benefited in form of high prices for their produce.