FDI in retail not for Delhi- Kejriwal decides

FDI is necessary in big cities. I don't understand the reason behind its refusal. Is it going against the capital formation of the country?

FDI is necessary in big cities. I don't understand the reason behind its refusal. Is it going against the capital formation of the country?

FDI in retail is likely to badly affect the innumerable rertailers and thereby create employment problems. But Delhi government under congress C.M. had approved the plan for Delhi. Kejriwal is reversing that. This will need centre's approval.

FDI is necessary in big cities. I don't understand the reason behind its refusal. Is it going against the capital formation of the country?

FDI in retail is likely to badly affect the innumerable rertailers and thereby create employment problems. But Delhi government under congress C.M. had approved the plan for Delhi. Kejriwal is reversing that. This will need centre's approval.

I would say that Kejriwal has taken good decision. This is improve the employment opportunities in Delhi.

Central government minister has stated that delhi government's decision to disallow FDI in retail is irresponible.

http://www.thehindubusinessline.com/news/aaps-decision-on-fdi-in-retail-irresponsible-sharma/article5576859.ece

There is an argument that FDI retail, Farmers will be subjected to injustice hence losers