How about not giving copies of report on RTI & only after HC order ! This reflect usual suspecious working-cult of congress. With merely 2.5 % of Indian investor's money in stock market,the real game is of freigners,so by FDI and all such type of notions,country is inching towards slavery.Afterall they will not come for charity but will escalate like sensex from 2000 to 20000 level.
India has large number of agricultural universities, fisheries colleges, meat processing units, Food technology departments. Every body had been contributing to the welfare of the nation. In this field whether we want experts from abroad is a debatable question. We have so many meat & fish processing units. The only thing is that Indian politicians should have a will and create confidence amongst Indian public. Simply calling outsiders to improve farming and allowing surplus grains to rot in open is what type of offer is known only to the politicians.
I beg to disagree that FDI in retail will not benefit the country.After all these years can you answer why big multiproduct companies like Hindustan lever,Amul,ITC and Britannia are not in Retail having their own showrooms or why fish,meat, dairy,hardware,are not being sold all over in department stores.They will not only sell but also source it from new points and this will possibly result in less agricultural suicide deaths.It is that many companies like being socially responsible and they should be urged to develop their own sources and help the people to achieve financial strength and export and also success in life.
Re: FDI in retail
by S P on Jul 30, 2012 09:09 AM
Retail by indian is ok. But by FDI is bad for the country. Since they are only coming here to harvest money from here. If they are good for public then why dont improve economy of their own country? They are always exploiting the common people. Which is atrealdy happened in US & Europe.
1. Increase the irrigation facilities for cultivation - Water 2. Step-up electricity production - conventional, non-conventional 3. Double/Quadruple railway netwrok
leaders must take responsibility in failing to remove proverty from country.
fdi required in technical field where we have no expertise.it is not good policy to allow fdi in retail trade.this has mane demerits.how can not govt white elephants know this or is this pretend.
Actually FDI money is basically your own money which has been parked outside due to impractical taxation and laws of the country. Will anyone commenting on FDI will invest in UK, or USA except big industrialists who have branches there. I agree that balance of trade is still negative since independence for that Govt. does not take any responsibility and have put all liabilities of paying this FDI on nex generation to come.
Crooks and Middle-Men will no longer be able to hold you to ransom with Efficient Distribution Channels. India's PDS, Sarkari fashion of control of food, largely influenced by Politicians have kept everyone poor and hungry.
We should learn efficient way of doing things - yes even from West.
It is repeatedly said that FDI in retail like Walmart will bring down the prices by eliminating the middlemen. But then can anyone explain why prices of all products including vegetables in Reliance Fresh, Spencer or Food Bazaar are same or sometimes more than open market prices?
