Finance Minister of India’s real reason for retail FDI: “I need the money”

The decision of 51% stack in FDI in retail will enable reduction in and stabilization in prices, a lot of employments and ensure improved training and development of provide consumers with better and fresher choices in all product categories.

But the main reason of govt. especially Pranab Mukherjee, Finance Minister of India, is to earn money for smooth flow of economy.

In a report issued, “I need the money,” said by Pranab Mukherjee which shows his worry about the financial position of country.”

Today India facing such financial problem like sliding growth, falling stock markets, slumping rupee, dwindling foreign equity investments, in short inflation . And he wanted to do something that slow down the slope. Read More

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