Impact of Foreign Direct Investment on Unorganised Retail Sector in India- A Research Report
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 12
Abstract
Countries all over the world whether developed or developing are taking great effort to attract Foreign Direct Investment (FDI). Indian Government also making policy changes to attract more FDI into the country. India is a largest democracy and second largest populated country in the world. India offers a large potential market, possesses pool of talent, educated and skilled workforce, has relatively low labour costs and liberal democratic political structure. The unorganised retail sector of India offers more than 8% employment to its people. A large share of population have their livelihood through the Kirana stores, vegetable stores etc. In 2012 Government of India has decided to allow 51 % FDI in Multi Brand 100% in Single Brand retail sector. Some trade associations raised objections to the decisions. This research paper is to find out the facts and fiction on the probable impact of FDI and retail sector upon small and marginal sector.
Authors and Affiliations
CA. Satheesh Kumar G
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