In an email interview, Pravakar Sahoo, an associate professor at the Institute for Economic Growth in India, discussed India’s retail opening. 

Global Insider: Retail Opening Will Bring Broad Benefits to Indian Economy

By , , Global Insider

The Indian government finally approved a plan last week to allow international firms such as Wal-Mart to own 51 percent of multibrand retail stores. In an email interview, Pravakar Sahoo, an associate professor at the Institute for Economic Growth in India, discussed India’s retail opening. 

WPR: What concrete changes will the retail opening bring to India's economy? ...

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