Asia Sentinel

Asia Sentinel

India’s New Reformist Party Turns Against Supermarket FDI

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Asia Sentinel
Jan 29, 2014
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The capital city’s newly-elected reformist government – the Aam Aadmi Party (AAP), which has won praise across the planet for its stand against corruption, has exhibited distressing populist roots by announcing a ban on foreign supermarkets in Delhi.

Economists say the AAP’s decision to scrap foreign direct investment in retail chains could be problemati…

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