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After dilly-dallying for four years, the government is gathering courage to finally roll out the ‘biggie’ reform: the opening up of retail. The Centre on Tuesday floated a political trial balloon by issuing a discussion paper on allowing global retail chains such as Wal-Mart and Carrefour to operate in India, and sought comments from the [...]
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The government pulled a sensitive item in the reforms agenda out of cold storage on Tuesday, with the department of industrial policy and promotion (DIPP) releasing a discussion paper on permitting foreign direct investment (FDI) in multi-brand retail chains such as those run by the likes of Wal-Mart Stores Inc. and Carrefour SA around the [...]
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