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BW Businessworld

Rewind 2012 Preview 2013

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Retail Reforms
In January, the Centre cleared full foreign direct investment (FDI) in single-brand retail in India, giving momentum to retail reforms in the country and inviting a heated debate on FDI in retail. It took another 10 months for the wave to hit multi-brand retail. In December, the government got Parliament’s nod for 51 per cent FDI in multi- brand retail.

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(This story was published in Businessworld Issue Dated 14-01-2013)