Multinational Corporations: A Boon or Bane for a Developing Economy – A Study in Indian Context

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Author(s): Leena Ajit Kaushal (Management Development Institute (MDI) Gurgaon, India)
Copyright: 2019
Pages: 20
Source title: Socio-Economic Development: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-7311-1.ch024

Keywords: Business & Management / Economics & Economic Theory / Information Science Reference / Socio-Economic Development

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Abstract

Foreign Investors are looking forward to enter organized retail sector, which has a mere 8 percent presence in India, but the present government in India which endorses liberal economic framework proscribe 100 percent FDI in multi-brand retail sector on the grounds of safeguarding small indigenous retailers known as ‘kirana stores'. The objective of the chapter is to explore the importance of Multi National Corporations (MNCs) not only in multi-brand retail sector but otherwise as a potent source of technology, efficiency and equality for farmers and poor, poverty alleviation and growth for a developing economy as a whole.

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Multinational Corporations: A Boon or Bane for a Developing Economy – A Study in Indian Context

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