India (DLN): Union Cabinet has given permit to FDI for multi-brand retail in the India and it will create 10 million new vacancies. 6 million jobs will be in the logistics sector, told Union Minister for Commerce and Industry - Shri Anand Sharma.
The Minister said that policy has to be viewed in the Indian perspective. Responding to anxiety about the consequences of the policy, he stated that the Indian model is quite different and has been sketched in such a way that it is.... read more: http://www.dailylatestresults.com/2011/11/28/fdi-retail-sector-ready-bring-10-million-jobs-021608