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The truth, in fact, lies somewhere in the middle; Firstly, a sheer glance at the whole matter at hand gives anyone the fair idea that this move is going to do more good than harm. Since the government is not directing anything against the Indian domestic enterprises, they can co-exist with the big guns of the world, and a healthy competition is never a bad idea in today’s world. They should, in fact, look forward to work in liaison with these companies.
Hence, this step can be deemed most welcoming. Another very influential agenda pointed out by the government is the nuisance of middleman-ship. FDI in retail will ensure procurement of raw materials, especially of fruits and vegetables, directly from the farmers, thus filtering out the roles of middlemen. Another answers argument proposal buoying this idea is that a minimum of 30% of the value of manufactured items procured should be sourced from small and medium Indian enterprises.
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