Retail FDI Will Contract Employment: Sitaram Yechury
  • Elizabeth George
  • Oct 09 2013

October 9: Sitaram Yechury, Rajya Sabha MP and CPI(M) Politburo Member, says 40 million Indians are working directly in this space, which adds up to 200 million dependents if you add their families; private sector retail will be unable to absorb these many people. The government is not providing a cushion for those affected by retail FDI, he adds.