We have the man power,we have the resources,we have the knowlege pool !! and why is our governement wanting to employ all the entrepreuners as store guys in a foriegn company???Why can't they support entrepreneurship,its high time they realise we can't be the labour all the time we need to be the "OWNERS".
I say a BIG "NO" to FDI in Retail Sector.
What employment is government talking about? Its a day light robbery.When our own government cannot do justice to our farmers ,how can they expect that Foriegn retailers will be crystal clear and no corruption, as if they are coming here for some kind of charity purpose!!
One of my friend during our debate on the very same topic said " even in 1991 when the liberalization was to be passed ,many people opposed to it and now look how beneficiary it has turned to be..similarly why not let the FDI in Retail sector".But what he could not understand was that it is different with "Retail sector" and who said KFC did not affect the sales of the local snack outlets or restuarants, i bet it did and still does.
Why give a huge 51% Market share to an outsider and give them the power over our distribution networks and at the end we the consumers are the most affected ones. The Politicians will have their share of benefits, if not they would never support the whole act in first.
Why cant our government support the retailers who have already established in recent times and welcome entrepreneurs to venture into Retail market inorder to provide employment ,buy from farmers.This will create a WIN-WIN situation for the everyone involved.
For example if Walmart is going to buy 30% of its goods from indian farmers then what about the rest,,,a huge 70%??? is it going to come from CHINA??
Atleast this is not the right time for FDI in India as we do not have the sufficient infrastructure for manufacturing low cost goods and hence the 70% will to be imported and its not that the foriegn retailers are going to provide the highest quality goods for the cheapest prices because theyare coming here for BUSINESS and not charity!
A known devil is better than an unknown ghost!
I say a BIG "NO" to FDI in Retail Sector.
What employment is government talking about? Its a day light robbery.When our own government cannot do justice to our farmers ,how can they expect that Foriegn retailers will be crystal clear and no corruption, as if they are coming here for some kind of charity purpose!!
One of my friend during our debate on the very same topic said " even in 1991 when the liberalization was to be passed ,many people opposed to it and now look how beneficiary it has turned to be..similarly why not let the FDI in Retail sector".But what he could not understand was that it is different with "Retail sector" and who said KFC did not affect the sales of the local snack outlets or restuarants, i bet it did and still does.
Why give a huge 51% Market share to an outsider and give them the power over our distribution networks and at the end we the consumers are the most affected ones. The Politicians will have their share of benefits, if not they would never support the whole act in first.
Why cant our government support the retailers who have already established in recent times and welcome entrepreneurs to venture into Retail market inorder to provide employment ,buy from farmers.This will create a WIN-WIN situation for the everyone involved.
For example if Walmart is going to buy 30% of its goods from indian farmers then what about the rest,,,a huge 70%??? is it going to come from CHINA??
Atleast this is not the right time for FDI in India as we do not have the sufficient infrastructure for manufacturing low cost goods and hence the 70% will to be imported and its not that the foriegn retailers are going to provide the highest quality goods for the cheapest prices because theyare coming here for BUSINESS and not charity!
A known devil is better than an unknown ghost!
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