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Fear of economic liberalisation has struck once again. The hue and cry among the Indians regarding the white wash of the nearby “kirana” shop has started making noise. Two decades ago the scene was no different. Domestic players were crying under the fear of being wiped out by the International players. Situation might differ but the concerns not very. On 24th Nov, cabinet in a historic move cleared a decision that has taken some time in the making and has been the topic of debate for several years, the FDI in retail. With allowance of 100% FDI in single brand retail and 51% FDI in multi brand retail the move though still to be passed in parliament has already created uproar. With arguments on both side of the debate taking fast pace, the picture if not clear, appears to be getting dirty everyday. The decision came at the time when India is facing a sluggish economic growth, a gloomy global outlook (Euro crisis and US sluggish economic recovery). Ranked as the 4th most attractive nation for retail investment among 30 emerging markets...

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