FDI in Retail to dismantle local shops?

Hyderabad, MAY 13: We know that union government has allowed 49 % FDI in Multiple Brand Retail category in India in 2012.In 2016 Modi Government has made further simplification for foreign investors to invest in Single Brand Retail by allowing 100 % FDI.Currently, the government is planning to allow 100 % FDI in E-commerce, Food Products. But the Retail merchants are divided over the effect of allowing foreign investment in India.Some of their concerns are* The small shop owners may not stand in the race when big giants enter the market.* Availability of capital and resources may be decreased for small retail shops.While some other retailers say that* It will help local retailers to organize themselves.* This may help the industry.We know that E-commerce has helped the retail industry in a similar way FDI will help by creating employment to the youth.Finally, the government must take steps in such a way that both Indian and foreign shops must be at the same level playing field.