Expressing his assurance on FDI in retail which got approved by the parliament,Prime Minister,Dr Manmohan Singh said that FDI would benefit both the farmers and consumers and that the farmers organization in Punjab had strongly supported FDI in retail.
Well, forget about an average farmer, even half of the percentage of literate India cannot point out the exact benefit and demerit of Foreign Direct Investment in Retail Trade ! Can we ?
FDI in retail has been strongly opposed by TMC Supremo Mamata Banerjee, to an extent that she has almost threatened to pull out from the present UPA govt. The Congress, heading the UPA, however, seems adamant on FDI in retail issue, this time.