Tesco's $110m India expansion given go-ahead

[TrueSpirit1]

My grandfather used to farm post retirement and will alway plant cash crops as they have Minimum price to get.
He once told me that even if onion is selling in city for Rs 70 or 80, a farmer is still selling it in range from Rs 5-10 range.
Few with their trolleys and living closer to towns can deliver and even sell their produce in Daily mandis as they happen in my city chandigarh, we have a mandi is every 3rd sector every next day and few (very few) farmers bring and sell their produce.

It will be great for both farmer and consumer if middle men is removed.
I say middle men in india are bad every where defence or consumer goods or food produce. Organised sector is good same should be with farm goods.
Please visit a mall and see how many people are getting employed there, a big mall employees 1000's its time for us to chose between few small traders or vegetable vendors and employment for 1000's and small poor vendor can be employed there too on fix salary..

Exactly my point. @VIP

 

[TrueSpirit1]

1) $$ for the country agree
3) exposure and variety for Indian consumers agree
But (2) jobs for youth >>> The only kind of jobs I can see are the low paying jobs. I can only see a Saravana stores like job market here.(Low salary, poor living conditions with limited opportunity to leave the place)

1/4th of our annual food produce is wasted every year between the farm & the hawker/local kirana shops.

It is not just moronic but criminal when 1/4th of population goes hungry every day.

FDI in retail would eliminate this scourge to a considerable extent within a very short span. Not a conjecture but a proven fact all over the world.

I need no other benefit to justify the case of FDI in retail. Despite that, there are n number of additional benefits that are huge.

 

[SilentKiller]

Sad to hear both AAP and BJP r against FDI in retail.

 

[Armand2REP]

even without access of FDI what r indigenous retailers selling? still Chinese craps mostly right? it doesnt make much difference so long as Indian manufacturing remains status quo.

mega chain stores Tesco and the likes do hav edges in centralized procurement quality control and logistics thanks to its sheer size and managerial efficiency. hence consumers will benefit abv all.

certainly the employment they generate may not b called "quality jobs". but think the other way- what alternatives do youth usually hv in Indian labour market? traditional mom-n-pop stores or street hawkers dont provide much employment do they?

Sent from my 5910 using Tapatalk 2

Sure, am I supposed to believe the Walmarts and Carefours of this world have improved my quality of life because I can buy cheap Chinese things at 1/3rd the price of quality items, yet break and need replacement 2-3X faster? It costs me more to buy Chinese because it needs replacement far more often. If people would wake up and think about quality over immediate cheap price tags would save them thousands. That is not a benefit to consumers.

Why should India, or any of us for that matter set up transport chains just to ship billions worth of Chinese crap? It is all for the benefit of the mulit-national corporations at the expense of SMEs. It costs the consumer more in the long run as well as local entrepreneurs.

 

[Singh]

BJP will fight FDI in retail till their last breath.

 

[Blackwater]

1) $$ for the country agree
3) exposure and variety for Indian consumers agree
But (2) jobs for youth >>> The only kind of jobs I can see are the low paying jobs. I can only see a Saravana stores like job market here.(Low salary, poor living conditions with limited opportunity to leave the place)

People don't born as MBA in India.There is different class of people exist in India my friend,remember 400 million lower middle class in india

it will create low level to medium level and may be high level jobs in ndia.

something is better than doing nothing and doing nothing

 

[TrueSpirit1]

Sure, am I supposed to believe the Walmarts and Carefours of this world have improved my quality of life because I can buy cheap Chinese things at 1/3rd the price of quality items, yet break and need replacement 2-3X faster? It costs me more to buy Chinese because it needs replacement far more often. If people would wake up and think about quality over immediate cheap price tags would save them thousands. That is not a benefit to consumers.

Why should India, or any of us for that matter set up transport chains just to ship billions worth of Chinese crap? It is all for the benefit of the mulit-national corporations at the expense of SMEs. It costs the consumer more in the long run as well as local entrepreneurs.

Consumer is not stupid. When product does not satisfy his expectations, he switches. Cheap Chinese maal is hardly popular anywhere.

 

[TrueSpirit1]

BJP will fight FDI in retail till their last breath.

yeah, quite unfortunate. I hope Modi shows some flexibility, farsightedness, gumption & guts to make it happen, even if gradually.

 

[Singh]

yeah, quite unfortunate. I hope Modi shows some flexibility, farsightedness, gumption & guts to make it happen, even if gradually.

Modi has shown quite a lot of courage by expressing his desire to build toilets instead of temples.

BJP had famously said that they swear on Ram that they will build a temple at that site.

 

[SPIEZ]

I agree with the below. I very well argue for the fact that FDI in retail will bring down inflation.

But that is not the point here.

The question is poor wages + living conditions for those who work in such retails.

1/4th of our annual food produce is wasted every year between the farm & the hawker/local kirana shops.

It is not just moronic but criminal when 1/4th of population goes hungry every day.

FDI in retail would eliminate this scourge to a considerable extent within a very short span. Not a conjecture but a proven fact all over the world.

I need no other benefit to justify the case of FDI in retail. Despite that, there are n number of additional benefits that are huge.

 

[SPIEZ]

[/SIZE][/B]



People don't born as MBA in India.There is different class of people exist in India my friend,remember 400 million lower middle class in india

it will create low level to medium level and may be high level jobs in ndia.

something is better than doing nothing and doing nothing

You should probably read through this.

The Hindu : Tamil Nadu / Chennai News : Employees of T. Nagar shops suffer in silence

I believe this is what awaits those who work in retail. This in turn will create a larger difference between middle class and the lower class. Another round of social inequality lays awaiting.

The biggest transition from the 90s to 10s is the emergence of the middle class. Many luxuries of the 90s that were unthinkable are now available in many households today for example car. Today a cab driver is able to purchase his own car within a few years. But this is different.

Also, I agree with you some work is better than no work.

 

[Armand2REP]

Consumer is not stupid. When product does not satisfy his expectations, he switches. Cheap Chinese maal is hardly popular anywhere.

Consumer is stupid when they see price tags that looks like a deal. How do you think Walmart and Carrefour got to their dominant retail positions? They thrive on consumer stupidity.

 

[TrueSpirit1]

Consumer is stupid when they see price tags that looks like a deal. How do you think Walmart and Carrefour got to their dominant retail positions? They thrive on consumer stupidity.

That gimmick cannot work more than once. Quality at the right price would win eventually.

 

[TrueSpirit1]

I agree with the below. I very well argue for the fact that FDI in retail will bring down inflation.

But that is not the point here.

The question is poor wages + living conditions for those who work in such retails.

I have no answer to that & frankly, I do not even care much about that. In a competitive, free-market, lasseiz-fraire economy, each one would earn in accordance with his capabilities, contribution & delivery capability. Harsh & bitter, but true.

To ameliorate that, there should be ample support systems provided by govt. & society which I guess the govt. is already doing. Another matter than all such schemes are full of leakages & stand sabotaged. When majority of people in our society are hypocrite thieves, nothing is good enough & nothing can really plug all gaps.

 

[Armand2REP]

That gimmick cannot work more than once. Quality at the right price would win eventually.

Really?

A 30-something living in Mumbai said he knew fake mobile phones tended to break easily. But that did not matter to him. A genuine smartphone was out of his price range, he said.

http://defenceforumindia.com/forum/...sung-smartphones-strain-india-china-ties.html

You liked that post so I know you read it.

 

[Blackwater]

Consumer is stupid when they see price tags that looks like a deal. How do you think Walmart and Carrefour got to their dominant retail positions? They thrive on consumer stupidity.

R u regular with Carrefour ? What other stoers r there in france? I have been to Carrefour Alwalys when in france

 

[aerokan]

1/4th of our annual food produce is wasted every year between the farm & the hawker/local kirana shops.

It is not just moronic but criminal when 1/4th of population goes hungry every day.

FDI in retail would eliminate this scourge to a considerable extent within a very short span. Not a conjecture but a proven fact all over the world.

I need no other benefit to justify the case of FDI in retail. Despite that, there are n number of additional benefits that are huge.

Right observation. Wrong solution.

All it takes is very very minor changes in the govt policy that will boost the profit to the farmers. The amount of wastage of food produce is very high and it mainly happens between the farm and the storage facilities. Secondly the govt policy restrictions cripple the farmers from getting the right price.

All it takes is around 3500 crores to build enough storage facilities for a state (or country i don't remember properly) which can store the food grains and not let it rot outside waiting for storage space before it gets to the market subjected to changing weather conditions. The govt can do it very easily but won't do it. Secondly the policy of govt to restrict export of food grains outside india despite having supplies exceeding the limitations (demand+an year's buffer)set. The extra food production can be used to get a lot of foreign exchange and that money can be used to improve agricultural facilities across the country if it's a market based govt. or use it for giving food subsidies to the poor if the govt is a socialist/populist one.

Also there is a Minimum Support Price issue without which farmers can't even cover the transportation costs of their produce and they had to dump their sweat by burning the produce. The solution is not FDI. FDI only bring in more dollars which empowers the companies to foreign companies to remove these bottle necks at a small cost and take most of the profits back to their home countries. What use is it to us. The amount of money needed to improve these conditions can be done by the govt at throw away prices instead of the stupid NREGA or Food Security bill dumping lots and lots of money. A clever govt would use the same conditions to make money and use the same to give it to their core vote bank even if one has to go by the politics of today. The current govt. is inefficient to the core to say the least. I now regret for not following through on the business plan 7 years back when i was full of risk taking.

 

[Armand2REP]

R u regular with Carrefour ? What other stoers r there in france? I have been to Carrefour Alwalys when in france

FNAC, Virgin Superstore, Darty, Auchan, Leclerc... not to mention specialty stores for any item. I stay away from Carrefour when I can which isn't hard in France. I spent much time there in Guangzhou, at least some profits go back to us.

 

[Armand2REP]

1/4th of our annual food produce is wasted every year between the farm & the hawker/local kirana shops.

It is not just moronic but criminal when 1/4th of population goes hungry every day.

FDI in retail would eliminate this scourge to a considerable extent within a very short span. Not a conjecture but a proven fact all over the world.

I need no other benefit to justify the case of FDI in retail. Despite that, there are n number of additional benefits that are huge.

And how are letting global retailers into the country going to get local farmers crops to market? They sell processed food. It isn't a farmers market. They will mostly likely import the vegetable isle and meat counter.

Their distribution chain is set up to move cheap crap from China, not domestic Indian products and produce. The expansion of these stores only kills your own local business to promote sweat shops and processed produce full of hormones and chemical agents from abroad.

Why do you think Americans and Europeans complain about Walmart and Carrefour so much? They exploit everyone from their employees to their suppliers.

 

[TrueSpirit1]

All it takes is around 3500 crores to build enough storage facilities for a state (or country i don't remember properly) which can store the food grains and not let it rot outside waiting for storage space before it gets to the market subjected to changing weather conditions. The govt can do it very easily but won't do it.

Nobody does it better than the Walmarts, Tesco's & Carefour's. It was not done in 67 years. I am not sure if we can keep waiting for the govt. to do it.

Would reply to the rest of your points later.