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For the aam aadmi

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  • The aam admi is also served by retail FDI on the jobs front. That a big expansion in organised retail, which FDI and Indian capital together can achieve, will be a big job creator is beyond doubt. Less appreciated is the fact that the quality of jobs in organised retail will be infinitely better: working hours will be regulated, wages will be properly structured, benefits will be applicable. None of these exists in the jobs provided by unorganised retail. The aam aadmi also needs the government to spend money on him. The more organised the retail sector, greater the revenue. There is of course the question of job and business losses in unorganised retail. Of course this will happen — but it has happened in other sectors that have modernised. Why is it that only the PM and a handful of Congress ministers seem to understand this?

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