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Will 51% FDI in multi-brand retail help boost India's economy?

The Indian government has taken a decision to allow up to 51 percent FDI in multi-brand retail and up to 49 percent investment by overseas airlines in the aviation sector. Analysts believe the move will help reduce inflationary pressure and provide a much-needed boost to the economy. What do you think?
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1 comment
  • Ritika Shetty likes this
  • Skeptical Investor
    Skeptical Investor The boost to the economy will be long-term, but the impact on sentiment right now has been crucial in pushing up the markets.
    October 10, 2012