“Most of the sectors that have done well are employment intensive ones which indicates that this is not a jobless growth. All indices of growth must have a measurement of employment generation,” commerce and industry minister Kamal Nath said.
“Our FDI policy right now is probably one of the most liberal in the world. While retail has bagged the maximum attention, we are looking at ironing out some anomalies and issues in areas other than retail as well,” Nath said. “ICRIER is currently conducting a study on the impact of FDI in retail and we are waiting for it. There will be no review of the existing policy, only streamlining.”
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