Bangalorean
Ambassador
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- Nov 28, 2010
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Trackwhack:
You are referring to Monsanto and GM tech. Yusuf is referring to FDI in retail. Am I right Yusuf?
I am 100% supportive of FDI and deregulation of retail. They will build the logistics and massive supply chains to prevent wastage, thereby reducing costs and food inflation. A lot can be written about this, but in general, I don't hear good arguments against FDI in retail, except that "corner shops will shut down", which is in itself a false argument.
You are referring to Monsanto and GM tech. Yusuf is referring to FDI in retail. Am I right Yusuf?
I am 100% supportive of FDI and deregulation of retail. They will build the logistics and massive supply chains to prevent wastage, thereby reducing costs and food inflation. A lot can be written about this, but in general, I don't hear good arguments against FDI in retail, except that "corner shops will shut down", which is in itself a false argument.