we have ,SPENCERs, BIG BAZAR, FOOD bazar and other retail stores operating in INDIA. Wedo not find any difference in QUALITY or PRICE in these retail shops . I think neither the producers of the goods nor the customers are benefited.The Politicians and the thinkers should see all the pros and cons before indulging further in the issue.
The articles affords the readers to know about the retailing power of Indians abroad since olden days. Some of these kings are either settled permanently in the respective countries or would have established multinational retail business ventures utilising the benefits given by the Indian Government. The threat looming large on Indian small businesses (Micro and small)by allowing the FDI in retailing is that these Non-Resident Indian kings would monopolise and drive the Indian Residents to desperation. This will lead India to a fully Capatalistic country leaving no room for the small industry to grow. This will ultimately bring back the inhuman ancient Master and Servent culture- the rich and the poor culture, with no voice to protest against the fleecing of the poor. FDI in retailing shall never be encouraged in any form in Indian market. Instead, Indian govt should encourage the MSM industries to organise a better ratailing system and keep the NRIs away.
These are too few and most of those owners are citizens of the respective countries and not Indians. And Rediff thinks this is a good excuse for FDI? You are killing the bread and butter of lakhs of Kirani and Kaka shops. Job market creted will be only for the graduates and above who are already are in good demand. This will further increase the gap between the haves and have-nots. Result will be uprising of people in the "Occupy WallStreet" style only difference being the protests in India wont be non-voilent. Politicians are under-estimating the power of hunger.
one shop in singapore, few stores in africa and dubai... this is definition of rediff as worldwide chains. gud. is it that i have been reading a lot or rediff is doing 0 research.
Almost all these supermarkets are in third world / developing countries except Mustafa. None in big countries. Indians are known for their business acumen as well for their slyness , dishonesty and selling sub-standard / second-and . Thats the problem when they want to expand their businesses in first-world countries like US, Germany, Japan, other Europern countries etc.
And many wish to settle in West!It is time all manuwadi RSS childern be sent back to India and ban all MNCs if they employ only Upper castes!It is time to push for resrvations in MNC jobs too!
Re: Why RSSBJP leaders childern prefer opnly MNCs !
by Sachin on Dec 11, 2011 10:27 AM
Bcoz.....thers no term called reservation over merit in world except in manuwadi india.
Re: Why RSSBJP leaders childern prefer opnly MNCs !
by sky mikon sky on Dec 11, 2011 10:29 AM
Yes why not we make all MNC's into a Bihar and UP, now only that is left for us Indians, maybe WE should Demand for Statues of Mayawati and Lalu Parshad in front of Every MNC IN the country .
Re: Why RSSBJP leaders childern prefer opnly MNCs !
by Vishnu Sharma on Dec 11, 2011 10:30 AM
This idiot who targets RSS/BJP all the time needs to be targeted and eliminated.
Scum like him will be wiped out by the millions on a daily basis in the near future.
I have not seen a single INDIAN asking why Indian govt float a 10 BILLION venture fund in SUPPLY CHAIN LOGISTICS ======== We have 550 tonns of Gold bullion with RBI we also have 330 billion Forex reserves as well ---- we can sell a small percentage of Gold - say 1-2 billion US dollars add 8 Billion us dollars from Forex reserves make it a 10 billion us dollars venture Fund - PUBLIC(Govt)
I hadn't even heard of them until today. Regardless, if Indians are going out and doing business in other countries, others should also be allowed to do the same in India.
Re: Retail KINGS?
by rama anne on Dec 11, 2011 08:55 AM
definetly --------- Rexona ,surf washing powder ,lifebouoy soap etc are all from Hindustan LEVER (UNILEVER OF UK) ------ KFC ,PIZZA HUT ,MCDONALDS are all in india ------ so do COKE ,PEPSI etc ----------- so is Proctor and Gambles - VICKS range products(cough and throat lozengers etc0 JOHNSON AND JOHNSON ,DETTOL etc TOO ---- Indian political parties welcome 51 PERCENT FDI retail investement they do not welcome 51 percent FDI retail ownership
