India, March 29 -- It took 16 years of negotiations for India and the European Free Trade Association (EFTA) - comprising Switzerland, Norway, Iceland, and Liechtenstein - to clinch a free trade agreement (FTA). A crucial aspect that has generated immense buzz is that the FTA will bring foreign direct investments (FDI) worth $100 billion to India in the next 15 years. Furthermore, EFTA countries, through their FDI, shall generate one million direct jobs in India within 15 years of the FTA coming into force. While these are laudable objectives written into the text, the devil always lies in the details....