000 01557pab a2200193 454500
008 180718b2013 xxu||||| |||| 00| 0 eng d
100 _aReddy, C. Sheela
245 _aDirect investment in retail sector as 'public policy'
260 _c2013
300 _ap.334-347.
362 _aApr-Jun
520 _aModernisation of retail trade is a critical and necessary condition for sustaining high growth impulses in the economy. With a listless growth in the markets across the globe and Indian retailers facing high debt cost of expansion, the new policy on foreign direct investment in retail sector presents an opportunity for both foreign companies and Indian manufacturers and consumers. In such a situation the infusion of foreign capital into multi-brand retailing needs to be secured in such a way that it results in an advantage for India. Integrating certain inbuilt safety valves into the rules and regulations for FDI in multi-brand retailing can put things in proper perspective and allay popular misconceptions. Butthe transformation in the wake of new policy on FDI in multi-brand retailing require more concerned and informed support from the government. One hopes that the government would stand up to its responsibility, because what is at stake is the stability of the vital pillars of the economy- retailing, agriculture, and manufacturing. - Reproduced.
650 _aPublic policy
650 _aInvestment
700 _aReddy, Krishna Mohan
773 _aIndian Journal of Public Administration
908 _aN
909 _a101024
999 _c101023
_d101023