IF RETAILING GOES IN HANDS OF GIANTS IT WILL MAKE LOT OF PEOPLE UNEMPLOYED. IF THIS HAPPENS IT WILL WORSE SITUATION. AS THESE BIG COMPANIES SHOULD ONLY MANUFACTURE PROUCTS NOT SELL DIRECT. HOW WILL GOVT. PROVIDE JOB TO SO MANY PEOPLE. THIS IS MAIN WORRING FACTOR. SO I THINK INDIAN GOVERNMENT SHOULD THINK CAREFULLY BEFORE ANY WORSE SITUATION COMES IN FUTURE. INFACT GOVT SHOULD CREATE MORE & MORE JOBS OR BUSINESS FOR COMMON MAN. ONLY COMMON MAN WILL BE AFFECTED. SO ITS AN APPEAL TO ALL TO KINDLY THINK & DO SOMETHING .
RE:DANGEROUS SITUATION
by RA on Oct 03, 2007 02:58 PM
Thank you all. I wish you best of luck that your agitation is very successful. I am so used to buying inflated prices pulses from the local kirana store with stones coming in with every bite that i cant imagine buying low priced goods from the retail stores and miss the sweet sound of stones crushing inside my mouth. I want to pay more money to that local kirana store because i so much like his face. I also want to thank you for selling me 950 grams of ANYTHING by manipulating your scales and charging me for 1000gms. I love you so much, because you charge me Rs 2 extra for keeping the cold drinks and juices in your freezer( though they are mostly just not warm). I also love to waste my time, by going to 10 different stores for 10 different things.And bargaining with you is so much fun, even though you always win.Somehow , I have understood this - For 1 kg of potatoes - If I am coming in car - Rs 8 If i am on scooter - Rs 7 If i am on a cycle - Rs 6.5 If am walking - any nymber which comes to your mind. I love this unpredictability. Thank you, oh my saviours! for making my tax-burdened salaried life so better,since you have not paid tax properly in last few years.
RE:DANGEROUS SITUATION
by on Oct 03, 2007 03:29 PM
Amazing....you have just said waht every Indian feels and thinks....except power and etc etc hungry Vandana Shiva's of our soceity....offer her a job in Reliance or Spencers and madam will jump for it...she cares a dime forthe farmers / kirana shop owners...I encourage , support ans wish that Reliance / Spencers / Bharti put such scoundrals in the right place...
Guys, We are living in a democratic world and let the end user decide what he wants, why should we bother of stopping anything. End users are much more smarter. Read the following Neo Economics.. this might change the way you think. The Japanese save a lot. They do not spend much. Also Japan exports far more than it imports. Has an annual trade surplus of over $100 billion, yet Japanese economy is considered weak, even collapsing.
Americans spend, but save little. Also US imports more, than it exports. Has an annual trade deficit of over $400 billion. Yet, the American economy is considered strong and trusted to get stronger.
But from where do Americans get money to spend? They borrow from Japan, China, and even India. Virtually others save for the US to spend. Global savings are mostly invested in US, in dollars. India itself keeps its foreign currency assets of over $50 billions in US securities. China has over $160 billion in US securities. Japan's stakes in US securities is in trillions. Result: The US has taken over $5 trillion from the world. So, as the world saves for the US, Americans spend freely. Today, to keep the US consumption going, that is for the US economy to work, the countries have to remit $180 billion every quarter that is $2 billion a day to the US! Otherwise the US economy would go for a sick. So will the global economy. The result will be no different if US consumers begin consuming less. A Chinese economi
RE:Twist and Turn - focussing you towards Neo Economics
by udayam enterprises on Oct 03, 2007 03:07 PM
Mr.Vijay, what you say is partly correct that countries save in Dollars. The rest is not. I know who wrote that neo-economics you are talking about. There is raving lunatic called Gurumurthy, who writes for Indian Express. He started it, he is anti-american by the way.
We are an importing company, we buy dollars every week, I know for a fact that the economic scenario you are talking about is seriously flawed. This I know from ACTUAL experience of International trading. Please study Foreign trade, practice trade, then you will know what I am saying is true. Gurumurthy is just a clown writing nonsense.
RE:Twist and Turn - focussing you towards Neo Economics
by Gautam R Joshi on Oct 04, 2007 04:47 PM
It would have been better if udayam would have thrown some light on facts and how as he says gurumurthy is a lunatic. if possible udayam could have wrote few more lines about the flaw that he is talking about, would have been nice.
Morons like Vanadana Shiva , Arundhati Roy, Medha Patkar, Prakash Karat, D Raja, Praveen Khandelwal want to keep India backward and poor. The Indian farming sector is today in a crisis due to the moronic socialist & neo communist policies which were pursued under the stupid Congress goverments. The idiotic politicians promise unsustainable things like free power to farmers. Farmers would be better off instead if the government provided reliable power supply to the farmers & charged them a reasonable rate for it. Good roads, schools & hospitals in the rural areas should have been provided by the govt. Instead this lousy Congress govt. commes up with the hare brained scheme of rural employment guarantee scheme so that they can loot more of the money that we the honest tax payers are paying. A large part of the agricultural produce in India is wasted since there is cold storages or other proper storage facilities for it. If chains like Reliance, Wal Mart & Tesco can come in and set up good supply chains and provide remunarative prices to farmesrs & give a good shopping experince to consumers, thats a great thing. We can have strong regulatory authority to ensure that these big chains don't try unfair practices. If people like Vanadana Shiva , Arundhati Roy, Medha Patkar, Prakash Karat, D Raja, Praveen Khandelwal don't want to shop in the stores of the retail chains they are welcome not to do so. But I object to the fact that these lousy stupid morons try to restrict my freedom t
RE:Deport these Commie & Lefties to China
by vijay ranjan on Oct 03, 2007 02:38 PM
A large part of the agricultural produce in India is wasted since there is cold storages or other proper storage facilities for it. If chains like Reliance, Wal Mart & Tesco can come in and set up good supply chains and provide remunarative prices to farmesrs & give a good shopping experince to consumers, thats a great thing. We can have strong regulatory authority to ensure that these big chains don't try unfair practices.
These kind of protests remind me of the early days of computerisation. Are any of those protesters left now? It takes time for such people to understand the nuances of modernisation. Moreover, I don't think we should compare our markets to the matured retail markets of the west. Yes, problems exist due to the actions of big retailers there. But, a different kind of regulation is needed to control them. Not allowing them to exist at all is not at all a solution. The need of the hour is organised retail, which will revolutionalise many of our existing ways of procurement, supply chain management and logisitcs, and thus remove inefficiencies and improve productivity of the entire system. Let them come and change the system. We can always bring regulations later learning from the drawbacks that exist in the system in places like US.
I think it is the agitation organised primarily by the Baniyas ( the eternal blood suckers ) because people are flocking to Dmart and Big Bazar .... where they get Goods at reasonable price and of higher Quality ...tell me Why shud I go to a rude Baniya who has been sucking the blood of the middle class for generations ... and he did it because he knew there was no alternative to him ... Organised Retail is the best thing to happen to India. Imagine Narayan Murthy saying that we do not want IBM and other IT companies because they will give us stiff competition and we will be forced to close down and that will be a direct attack on my livelihood !!!!!
RE:A Baniya Conspiracy !!! Nothing else !!!
by Virendra Singh on Oct 03, 2007 01:20 PM
These people pay no taxes, give poor quality and lesser amount, inflate prices, resort to black-hoarding, are rude and they expect people to support them. God, give them some sense.
It is the traders who have come together... the middlemen, who were the bane of farmers. They used to sell produce to wholesalers and they in turn used to sell it to small dealers... everyone taking a cut in the profits.. and the farmer getting the smallest cut, inspite of actually producing the goods in sveltering heat.
With big retailers, they have removed all middlemen and have given good price to the farmer for his sweat. The middlemen are bound to be angry and upset. But thats no way to react to big retailers... They have revolutionized the retail business and its here to stay. If you cant beat them, join them... if its possible. Its a revolution... which has succeeded. You just wont be able to stop it.
Reliance is the biggest dubious company in the world. Once Anil Ambani picked up a stake in Spanco tele. Guess what, before he bought into this company, many foreign companies bought the shares of Spanco tele, just 1 DAY before. Most of these foreign companies are connected to reliance indirectly. After this news was announced the share just sky rocketed to twice in a week. Common people could not buy this share for a month because it was freezed in top circuit everyday. That's 30 crores in a week of stock market rigging. Ambani's are just white collared thieves, sucking the blood of common Indian public.
Similarly it is only a matter of time before they will dictate to the poor Indian farmer on the prices at they will buy. Why does Reliance not go to USA and do supermarket retailing? Because they know how Indian policies can be twisted, Indian people fooled repeatedly. Their manner of operation is simple, rig the stock market, make money, use the same to open up a new business. We Indians are selling our souls to reliance.
RE:Reliance
by Rohan Kumar on Oct 03, 2007 12:57 PM
Very well said Manu. The only people who are protesting against organised retail are the middlemen who used to make money by doing nothing. It is also a fact that the unorganised kirana shops are going to loose their business to these organised retailers who offer the products at much competitive rates. In my opinion, these kirana stores deserve to close down, not only because they have been exploiting the consumers, but also because they don't pay any taxes (service tax/income tax) to the government and hence do not contribute to the development of the country.
RE:Reliance
by Rebel on Oct 03, 2007 12:30 PM
Is the condition of Poor farmers any better right now ....can they deicde the price of their produce ???? for your information let me tell farmers in Western UP for the first time got a better deal and that to from Reliance Fresh ....
RE:Reliance
by Manu on Oct 03, 2007 12:38 PM
Daer arif, I am quite agree of your view regarding ambanis, but the stopping of retail is not an answer of the problem. I am a senior govt officer but find it very difficult to manage my daily corus with my salary because I live in a comparatively costly city. I had a old maruti but i can seldom drive it. In my colony mostly these traders and middle men have houses. I had a small one story house of 200 yards but my neighbour who is a small Kirana merchant has a big three story house and two cars. None of thses traders are paying any tax as the income they show is almost equal to people at povery line. They donot contribute a penny towards our country growth and I pay 30% of taxes on my salary and can take near to only 20000 ruppes per month back home.By the way I topped my unv. when I was a student. If big retailers come every transctions will be accounted and the govt will get millions extra rupees in taxes. I donot thinks that these traders deserve so much sympathy. In your previous arguement you mentioned about your company but that is paying huge taxes if they are earning money from you.
RE:Reliance
by Arif on Oct 03, 2007 12:47 PM
Mr. Manu, Sir you are correct, I am not complaining about my company, I am just pointing out that's how economy grows, by money getting distributed, which is good for the country. About the Kirana retailers, government should have stronger laws. But these fellows are necessary evil, they employ unskilled labour like coolie wallahs, some transport. Unskilled labour is majority of the population.
RE:Reliance
by vinod madhwani on Oct 03, 2007 01:09 PM
i agree with arif.Think of the future when reliance & walmart will only do monopoly & u are nowhere to go.Today they will good price to farmers.but what abt. the future ? they will suck farmers blood as well.For traders & other small business people, their should be stringent laws, so that this traders cannot escape from it.Dont think i'm a businees man,I'm also a salaried guy,paying 30% income tax to government.
RE:Reliance
by Gautam Joshi on Oct 04, 2007 05:07 PM
mr. vinod what u are imagining will not happen in my opinion bcuz first of all monopoly can happen if there is only 1 or 2 or 3 players in the market...like in olden days there was Bajaj...but now market is open and any no. of players can enter...hope this makes your vision more clear.
RE:Reliance
by Amit Deshpande on Oct 03, 2007 01:59 PM
I can't see any logic in your argument.. Do you know the word competition?? Well just look at how India has progresses in telecom industry, it has one of the lowest charges... And with Bharti-WalMart entering into the picture, there has to be a competition in procuring the goods as well as selling to the customers... I am of the view that retail is the next best thing to happen to India after telecom revolution..
