Foreign direct investment in the fast-growing retail sector will ''significantly'' boost hiring activities and has the potential to create about 80 lakh jobs in the country, predict experts.- Will this out weigh the exploitation ?
I do not know whether the FDI in retail would generate 80 lakh jobs , as claimed. It sure, will create additional job opportunities.
Now coming to the last sentence of your question. It is the most important part of the question. Yes,it will outweigh the exploitation, the exploitation the producers(farmers) were experiencing at the hands of the middlemen and the exploitation of the hapless consumers by the traders in the form of substandard, and fake products at very high MRPs labelled on pilfered packets.!!
Now that the proposal has been put on the back burner a ...more