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Opposition to FDI is meaningless, says economist


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kapil chopra
never true
by kapil chopra on Jun 29, 2013 05:50 PM

in a river if big ship comes people will attract at go towards that. big ship looks good as has more capacity beauty and flexibility. but issue is slowly small ships will be ignored. and day will not be far that people will forget the small boat... please note humanity is more important than our luxery comfurt.

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New Guy
Knee jerk reaction
by New Guy on Oct 06, 2012 10:05 AM  | Hide replies

The fear that FDI will kill small businesses is a knee jerk reaction by small business owners. Whether FDI actually affects small businesses or nor they don't want to take any risk and they are opposing blindly. There are so many examples around the world that business giants and local shops can exist side by side. The nearby communist China is an excellent example of this.

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srnvs san
What a joke - How much money did you take for writing this ?
by srnvs san on Oct 04, 2012 10:38 AM  | Hide replies

What a joke, there is proof that walmart successfully killed small business in USA and reduced employment.

This is a big joke.

How much money did you take for writing this article?

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Discusion Forum
Re: What a joke - How much money did you take for writing this ?
by Discusion Forum on Oct 04, 2012 10:47 AM
You are comparing USA with India. The population of India is 1.2 billion. Both Walmart like MNCs and small shop keeps can exist in India.

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Babloo Rao
China
by Babloo Rao on Oct 04, 2012 10:27 AM

In China both international retail & local grocery remain side by side. Left should visit China & see the reality.

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Discusion Forum
Small shop keepers have to grow...
by Discusion Forum on Oct 04, 2012 10:12 AM

According to the changes in the society, small shop keepers should also change. They have to grow and they cannot remain in a static stage over the years. Earlier there were posts like Stenographer/Steno-typist/typist etc. existed in offices and now due to computerisation such posts are not existing. So these all are part of changes in the society and people have to adjust accordingly.

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Guest
FDI in retail
by Guest on Oct 04, 2012 09:56 AM

Smaal traders and kirana shops have a role to play and will continue even after FDI in retail. They supply in smaller quantities, delivery at home and credit for a month or more are strong factors in their favour. The objections raised by some partis are more emotional or to protect their vote banks. It is not good economics - better supply to meet demand,better prices for farmers and elimination of middle men will give lower prices to consumers. In Bangalore, HOPCOMS who proclaim that they sell on no profit-no loss basis is higher priced than any supermarket by at least 20%!

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Mario F
fdi
by Mario F on Oct 04, 2012 06:20 AM

Only shops that are overcharging the public will be hit,in the guise of biz there are a lot of our own people making a quick buck,what about our super markets they at the moment are raking in,also by selling veggies ,what happened to our road side vendor he too upped his price,that too using common places ,our footpaths , and our tax payed money,whereas this mnc will create infrastructure much more then one can apprehend,better late then never, lets not put a spoke in the wheel,nobody can force anyone to do your shopping you still have the choice for customer is always king,like the electorate we vote for people who make and break laws, so we are the ones to be blamed, should never be money for vote , its should be vote to boot out the wrong doers.

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Amit
Biggest Joke - Poverty rate has Fallen
by Amit on Oct 04, 2012 03:17 AM

With inflatio rate galloping more ppl are falling into poverty than before except for 8% of the population rest are miserable.

And with Rs 32 per day poverty line you can only cook up stats to ffool iidiots.

Anyone earning less than Rs 150 per day is below poverty line....that's about 70% of the population.

walmart has created more joblessness and poverty in US and europe than any other reason.



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rajini kumar
Gap between rich and poor will still increase
by rajini kumar on Oct 04, 2012 01:01 AM

FDI investments is only the benefit we might get when we invite then in retail.There are lot of troubles like Land prices will increase drastically,cost of living will increase,cost of manufacturing will also increase and it is difficlut to for Made in India brand to compete in the world market,we will loose our strenths in agriculture,IT and other sectors and with this policies and our government it will only result in rich become richer and the poor will still become poor.

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Sudhakar T
Please check the clock time in the photo.
by Sudhakar T on Oct 04, 2012 12:19 AM

If anyone can calculate the time difference from the clock of different time zone you will embarrass how the outsourcing centre in Bangalore. works, Perfection misses. Before posting rediff should also look into this kind of thing. Learners should not be misguided. kindly check and post if I am wrong.

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