Really, the Prime Minister and his GOM must be congratulated for long awaited decision on FDI despite aweful opposition from the political parties.
2. In fact, because of much caring for the opposition, the process of Economic Reform has been delayed. No policy as per Committee on Economic Reforms was faulty, it is only the implementation and mindset of the concerned parties which is faulty.
3. The opposition parties all the time have taken a political mileage whenever any move in the direction of Economic Reforms is taken by the UPA Govt. It was NDA Govt. which introduced Administered Price Mechanism (APM) for determining price of Petroleum products but all the blame is being passed on the UPA Govt.
4. In fact, present day political situation, reminds the story of Father, Son and the Horse. When son was sitting on the horse, he was criticised, when father was sitting on the horse he was criticised and when both were sitting on the horse, they were criticised.Likewise, when the UPA Govt. takes any decision, it is criticised and when it does not take any action, it is again being crticised.
5.It is, therefore, better to take thoughtful decisions after taking all the pros and cons and let the matter be debated in the Parliament, if needed. REMEMBER - KUCH TO LOG KAHENGE, LOGO KA KAAM HAI KAHNA.
Re: Quick coschin
by Siul Azuosd on Sep 17, 2012 03:12 PM
why dont u and bjp set up retail companies in china and usa. modi want or invited chinese to set up chinese infrastructure in Gujarat
Re: Re: Quick coschin
by Bira Pandy on Sep 17, 2012 03:16 PM
China and US will NOT let us enter them unlike the way we spead our legs for them to enter us!!
People are turned from employers to Employees . Mom and Pop / Kirana stores start disappearing . Farmers start going bankrupt ,Can you imagine that the US govt spends 250 Billion each year to subsidize their farm sector and keep them alive .
Finally this is all part of a scheme of things to concentrate the wealth in the hands of the few and to make majority into hardworking , employees.
Re: Google .. Effects of walmart in countries they enter .
by kuttan on Sep 17, 2012 03:11 PM
The same was told about super markets: Kirana stores will disappear.. Same was told when computer (IBM) came. Typists will lose their job.. secretaries will disappear. You mean NO PROGRESS SHOULD BE MADE. Grow up.. dear.. The world is where and where are we INDIANS.
if food grains like potato is overgrown then who will buy it if no fdi and incase undergrown then from where you will get it at reasonable price if no fdi in multibrand retail??????????????? so by opposing it u r ultimately supporting only black marketer not the shop owner as they can buy wholestock by megastores at much cheaper price if wallmart etc. are allowed.
Re: opposers of fdi in multibrand retail pls answer
by Siul Azuosd on Sep 17, 2012 03:15 PM
very true 'fact', these goons will not understand what u r telling.
Re: opposers of fdi in multibrand retail pls answer
by Common Man on Sep 17, 2012 05:16 PM
You mean Indian Retail chains cant do this, or Walmart with lesser share cant do it ?
and possibly in other high profitability areas like stock market. Domestic investors can then invest their hard earned money in infrastructure, agriculture etc. where the returns are low (even negative). Is that the idea?
FDI in retail is highly risky. what is needed is FDI in Retail INFRASTRUCTURE. However, no need to grant Walmart, TESCO etc the right to ravish Indian markets in the name of FDI. Is'nt Aditya Birla retail, Tata Retail, DMart etc doing a good job in India??
Re: this Cong Govt should be thrown out
by Siul Azuosd on Sep 17, 2012 03:16 PM
these are the views of all half chaddiwallas and it appears that u r one of them
Re: @My suggestions for FDI in RETAIL
by rama anne on Sep 17, 2012 01:14 PM
Unless Indian Govt ----- Builds core Transport Infra - like dedicated Freight Corridor (indian railways) Build more Power Plants and ease the power situation
Allow only BACK END retail ,not Front End Retail
so STEP1 ---- Backend Retail Step2 ---- Front end Retail so do it in STEPS please is my idea
The biggest advantage of FDI in retail sector that there would be initial flow of money to India & they (means MNC retailer ) would bring latest technology in storage , transportation & food processing segment . There would be overall improvement .
But major disadvantage is that imbalance between import & export would increase . The India would suffer in the same manner when East India Company started business in our country . Initially everyone welcomed , but later on they overpowered whole country . Instead of the FDI we must improve our own companies so that they become global leaders . Reduce ED & all kind of taxes , reduce power tariff to enable Indian companies to outsmart China. To make India a Global hub , give incentive to R&D . Reduce government expenditure .
Re: Adv & disadv of FDI
by Hebbar R on Sep 17, 2012 01:31 PM
The core issue is that we need a Govt that works of India first and Indians next. But sadly that is impossible as anyone working for India cannot get re-elected. Only people who offer freebies at the cost of the Nation will get elected again and again. The result is that the nation finances will be affected and the whole nation must pay a price. More importantly, we need a Govt that ensure scam free management. That is an impossibility.
Re: Adv & disadv of FDI
by French Cuisine on Sep 17, 2012 12:30 PM
Not really - there are giant Indian retailers that will not collapse immediately. They will have to improve themselves in order to stay in competition. Protectionism is not the solution - dont allow foreign competition - this arguments makes us inefficient.
Re: Re: Adv & disadv of FDI
by Hebbar R on Sep 17, 2012 01:29 PM
The problem is that the MNCs can get better deals from the Govt, given that they have loads of money that they can use to "educate" a la Enron. Something that the local Retailers (however big) may not be able to. It is difficult to understand why MNCs are needed when India Businessmen themselves are competent if given a chance. Tatas, Mittals, etc have successfully taken over huge Companies abroad. It is difficult to believe that running a Retail Chain would be difficult for them.
The biggest advantage of FDI in retail sector that there would be initial flow of money to India & they (means MNC retailer ) would bring latest technology in storage , transportation & food processing segment . There would be overall improvement .
But major disadvantage is that imbalance between import & export would increase . The India would suffer in the same manner when East India Company started business in our country . Initially everyone welcomed , but later on they overpowered whole country . Instead of the FDI we must improve our own companies so that they become global leaders . Reduce ED & all kind of taxes , reduce power tariff to enable Indian companies to outsmart China. To make India a Global hub , give incentive to R&D . Reduce government expenditure .
