date:Aug 22, 2012
eration of All India Traders, opined that since Independence in 1947, traditional retail contributed to 15% of GDP and FDI would only have a marginal impact on the agrarian economy.
Rajinder Kumar Sharma, chairman, APMC, contended that if FDI in multi-brand retail was allowed only 2% to 5% of people would be benefited but nobody would lose anything. Moreover, FDI will magnify the market for farmers and thus will better their lot, according to him.
The panel concluded that India needed to bette