Enhanced FDI in retail will transform rural economy

A re-orientation of the policy framework was the need of the hour and enhanced foreign direct investment (FDI) in multi-brand retail would transform the rural economy and generate massive employment and opportunities for both rural and urban youth.
This was stated by Union Commerce and Industry Minister Anand Sharma here on Wednesday. This was his first comments to a discussion paper released by the Department of Industrial Policy and Promotion (DIPP) on Tuesday.

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