Tuesday, November 29, 2011
Time to ease some frayed nerves.
Rama Bijapurkar wrote an excellent Op-ed in yesterday's Economic Times. To add to the erudite write up, from what I know, one Hypercity/D Mart/Big Bazaar store provides direct employment to at least 100 people. At least. You have no idea about indirect employment and the trickle effects on the economy.
Now do the math on all future stores that will come up in India.
Sounds nice? Did it ease your guilt about allowing FDI in retail?
Will you now please stop our patriotic brothers and sisters from burning Walmart effigies?
Good day.
Rama Bijapurkar wrote an excellent Op-ed in yesterday's Economic Times. To add to the erudite write up, from what I know, one Hypercity/D Mart/Big Bazaar store provides direct employment to at least 100 people. At least. You have no idea about indirect employment and the trickle effects on the economy.
Now do the math on all future stores that will come up in India.
Sounds nice? Did it ease your guilt about allowing FDI in retail?
Will you now please stop our patriotic brothers and sisters from burning Walmart effigies?
Good day.
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