Of course, we must dicuss FDI. Nation as a whole is dicussing this at present, putting the issues of corruption and terrorism in the back burner- at least for the time being.
Almost all major opposition parties in our country are vehemently opposing Government's decision to allow 51% Foreign Direct Investment in multi brand retail outlets. Why do they make so much of noise against this?
From a commonman's point of view, FDI in retail sector is a welcome move. In our cities there are already big desi retail outlets exisiting alongside the small retail shops. I do not think FDI will make any big difference in the present scenario.
Giant retailers like Walmart or Carrefour is not going to affect the small kirana shops next door in a significant way. We have to depend on the small shops still to get one washing saop or a packet of chilli powder for the immediate use.
Look at the local kirana retailer. If we ask for a soap, he hands out a soap that benefis him the most. We are never given a choice. If we need a packet of salt, he gives the salt that fetches the maximum commission from its manufacturer. In comparison to this, a big departmental shop allows us to pick and choose what we need. They offer home delivery too
In short, foreign direct investment in the retail market will benefit the general public. These outlets will never alter the game here. In fact the local retailers will be forced to improve their service when faced with quality service the customers are promised to get through the new move.
In the Harbin city of People's Republic of China, I could visit five Walmart shops. There, we get things at a cheaper rate than from any other shops. I bough a few items from there. For many of the Indians visiting China, Walmart is a preferred shoping destination. The Chinese too patronise it to a great extent. In most of the China cities, Walmarts and the French retail major Carrefour are common sight
Why anything that is good for the goose is not good for the gander?
BJP, as expected opposes the government. They will implement the same if they are in power. Leftists as usual take double stand. In fact they do not have any fixed stand on any issue.
Earth will not shake if FDI is allowed in India. Also, erath will not shake if FDI does not come to our country. It may help improve the quality of service in a way. Let us support the Government on this issue
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Almost all major opposition parties in our country are vehemently opposing Government's decision to allow 51% Foreign Direct Investment in multi brand retail outlets. Why do they make so much of noise against this?
From a commonman's point of view, FDI in retail sector is a welcome move. In our cities there are already big desi retail outlets exisiting alongside the small retail shops. I do not think FDI will make any big difference in the present scenario.
Giant retailers like Walmart or Carrefour is not going to affect the small kirana shops next door in a significant way. We have to depend on the small shops still to get one washing saop or a packet of chilli powder for the immediate use.
Look at the local kirana retailer. If we ask for a soap, he hands out a soap that benefis him the most. We are never given a choice. If we need a packet of salt, he gives the salt that fetches the maximum commission from its manufacturer. In comparison to this, a big departmental shop allows us to pick and choose what we need. They offer home delivery too
In short, foreign direct investment in the retail market will benefit the general public. These outlets will never alter the game here. In fact the local retailers will be forced to improve their service when faced with quality service the customers are promised to get through the new move.
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| One of the several Carrefour outets in Harbin, China |
Why anything that is good for the goose is not good for the gander?
BJP, as expected opposes the government. They will implement the same if they are in power. Leftists as usual take double stand. In fact they do not have any fixed stand on any issue.
Earth will not shake if FDI is allowed in India. Also, erath will not shake if FDI does not come to our country. It may help improve the quality of service in a way. Let us support the Government on this issue
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Definitely, on this issue.
ReplyDeleteThe farmers are the first beneficiaries. It will also reduce the huge loss and thereby increase in its cost during transportation and the (so called) storage of the perishables.
Once again, it's a fooling game!
Certainly China keeps ahead of its times, on such issues.