AAP must use FDI power, can’t depend on 40s’ economics: Narayana Murthy


Narayana Murthy. ReutersThe opposition to the Aam Admi Party’s economic policies is getting louder from its industrialist supporters. After Captain V Gopinath, now Infosys Executive Chairman Narayana Murthy has raised concerns over the party’s decision to disallow FDI in the retail space.

Murthy said that in winning the Delhi elections AAP did a good job. “They spent very little money and they had a very clear theme – fighting corruption and that was very attractive to people,” he said. Murthy believes that AAP’s clear theme made the party very attractive and helped them win 40 percent of the seats. However, Murthy is of the view that the AAP needs to use modern technology and social principles to succeed rather than depending on the principles of 40s and 50s. Read more

Source: http://www.firstpost.com/

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Categorised in: Retail, Sector News

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