sesha_maruthi27
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But what about farmers in the future.....
But what about farmers in the future.....
Blackwater paa ji, AFAIK it is not only baniyas who might be affected but small scale industry also. Initially there was a provision of 30% of goods to be sourced from local small and medium industry - later it was changed surrepitiously to 30% goods to be sourced from SME's i.e. can be from anywhere in the world. Fresh produce makes up small portion of items sold in Tesco or Walmart rest will all be finished goods that are sold at MRP so where is the question of middle man.naa yarr, common man will get, cheap and more variety,
sarvanash ho gaya middleman aur dalal ka
Blackwater paa ji, AFAIK it is not only baniyas who might be affected but small scale industry also. Initially there was a provision of 30% of goods to be sourced from local small and medium industry - later it was changed surrepitiously to 30% goods to be sourced from SME's i.e. can be from anywhere in the world. Fresh produce makes up small portion of items sold in Tesco or Walmart rest will all be finished goods that are sold at MRP so where is the question of middle man.
Only time will tell how this goes.
FDI is only for ultra pultra altra ( upa ) rich Metros not for our country side towns...Expecting Walmart in my city......
Yaa, first step should have been FDI in Infrastructure and NOT in retail. Bloody lobby Politics. Politicians will have free lunch for years now.Blank_quest FDI will fail in India due to bad infra
Coke is not taking away the Milk Business of farmers and retailers . Even Amul is heavily dependent on Milk Walah's. But Amul can't just loot the farmers and coerce them as it is a co-operative society and NOT working for Sole "Profit" like that of business houses.Ok who wants Coca Cola and Pepsi to be chased out of India ......... not to mention various foreign companies.
Few years back my dehat place lacked Showrooms and good roads but we moved onFDI is only for ultra pultra altra ( upa ) rich Metros not for our country side towns...
You forgot Alcohol.......FDI is not going to change India's hunger for Money. Allow Gambling in India and Tax it heavily and see what magic happens.
I think this FDI in retail is a mechanism to get investment into all of existing retail chains.Just look at how Pantaloons share price rose.Yaa, first step should have been FDI in Infrastructure and NOT in retail. Bloody lobby Politics. Politicians will have free lunch for years now.
Yaa, first step should have been FDI in Infrastructure and NOT in retail. Bloody lobby Politics. Politicians will have free lunch for years now.
Well spotted! All the local players in retail are making losses and infusion of FDI might help. Similar seems to hv been the reason to allow FDI in airline industry - to infuse capital to local airlinesI think this FDI in retail is a mechanism to get investment into all of existing retail chains.Just look at how Pantaloons share price rose.