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FDI in India's interest, lobbying a worry: Kaushik Basu tells NDTV

PUBLISHED ON: December 16, 2012 | Duration: 25 min, 13 sec

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World Bank chief economist Kaushik Basu says lobbying is a global worry and should not influence policymaking unduly. In an exclusive interview to NDTV's Shweta Rajpal Kohli, he says while FDI in multi brand retail is in India's interest, its important to have strong competition laws to keep multinational giants in check.
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