FDI in retail will benefit consumers, farmers: PM - NewsX

A day after winning Parliament's approval to the decision of allowing FDI in retail, Prime Minister Manmohan Singh today said the move will benefit farmers and consumers and help introduce new technologies in agri marketing. He also said the decision to allow FDI was "supported" by farmers' organisations in Punjab. Speaking as a chief guest at Punjab Agricultural University's golden jubilee function here, he said FDI in retail will help introduce new technologies in agri marketing, and will "benefit farmers and consumers". The decision to allow FDI was backed by farmers' organisations in Punjab, he said at the PAU function, where he was honoured with a Doctor of Science degree.

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