date:Aug 29, 2012
l increases.
For the government, the share of taxes would remain the same irrespective of the format of retail, while on the contrary, foreign retailers will demand more and more concessions and liberal policies to earn better. Further, the labour prices of large retailers were not employee-friendly and that the government may have to deal with huge labour issues if liberal FDI policies are implemented in retail. If largest and most reputed Indian corporate houses like Reliance, Tata and Birla