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FDI implementation in multibrand next fiscal: Delhi CM

PTI New Delhi | Updated on November 17, 2017

Farmers will get right price for their produce while consumers will get quality product at reasonable prices, said Dikshit.

The Delhi Chief Minister, Sheila Dikshit today said FDI in multi-brand retail will be implemented in the national capital by next financial year.

“The people who are opposing the FDI are not keen to take forward the country and its people. We will bring FDI to Delhi by next financial year,” Dikshit told a meeting of traders at her residence.

The traders have come to express their gratitude for her decision to implement FDI in multi-brand retail in Delhi.

“All countries in the world are marching ahead by adopting modernisation while the major opposition party here is dead against any modernisation,” she said.

The Chief Minister said FDI will benefit traders, farmers and consumers. “Farmers will get the right price for their produce while consumers will get quality product at reasonable prices.”

She said small traders will not face any adverse impact of FDI in retail as all kinds of business can exist side-by-side without affecting each other.

“India has a huge population. There will be no effect on retailers if FDI comes. We need all kind of shops and business in our country,” she said adding a lot of things are being said to create a “wrong impression” about the move.

Published on October 13, 2012

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