The Economist this week has a great piece on the current FDI debate. It’s worth a read, particularly because of how it explains that this legislation prioritses the needs of shoppers over those of middle men and shop keepers. That shouldn’t be forgotten. Amidst the furore, no one seems to be considering the great benefit to millions of Indian consumers, particularly the poorest, that FDI could bring. Good to see The Economist highlighting the issue.
The opinions expressed in this essay are those of the authors. They do not purport to reflect the opinions or views of CCS.