Submitted by TheIndiaStreet on October 15, 2007 - 5:34pm.
By Vipin Agnihotri
In my opinion, it’s a great irony that on one hand Finance minister of India P Chidambaram is pretty confident that FDI in retail is only a matter of time, while on the other the government assures that the retail sector, valuing more than $300 billion, will be opened for FDI only after the mom-pop stores are convinced that it will not pose any sort of danger to them.
