FDI in retail would add to widespread unemployment: Kejriwal

January 14, 2014 22:09

Justifying his decision to withdraw the approval given to FDI by the previous government in multi-brand retail in Delhi, Kejriwal today said small store owners would lose business if it is implemented and would add to widespread unemployment.

"The small Indian store owners will lose business if FDI in retail implemented. Tell me one nation where FDI in retail has led to increase in employment. A lot of people come to me asking for jobs. The businessmen and the industrialists of nation give jobs," Kejriwal told reporters in New Delhi.

Slamming the Congress-led Union Government on FDI, Kejriwal said, "They have made banana republic of the country."

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