Fdi in retail is a boon

Persian Achaemenid gold coin circa BC In BC, Croesus of Lydia was defeated and captured by the Persianswho then adopted gold as the main metal for their coins. By the time of Herodotus c. Modern agriculture in Iran dates back to the s, when Amir Kabir undertook a number of changes to the traditional agricultural system. Such changes included importing modified seeds and signing collaboration contracts with other countries.

Fdi in retail is a boon

Well for layman's it means that Foreign Direct Investment in Retail Sector which means opening up of mega malls or marts where the consumer can can buy multiple items under One Roof. This will generate huge employment in India.

Multi Brands stores will help in setting up Cold Storage's in India which will save many items which are perishable, therefore economies of scale. This will reduce the role of Middlemen who play an active role in Inflating the price of Farm Produce till it reaches the Retail Shops.

This will lead to Control of Inflation. Well all is not Hunky Dory as is being Portrayed by the Govt. Will the Farmer get good price for its product or be arm twisted by these Mega Marts?

What pressures will it put on our resources which are already stressed to Limits considering the Population Pressure we have?

Fdi in retail is a boon

Well these questions are a part of a raging debate but unfortunately the quality of debate has been lost in din of popular politics in the country. Jaitley Opined as below: Even in My Opinion there are some burning questions like: Any study by Govt to allay fears Ans - NO b what are the chances farmers will get proper prices and not twisted into by threat and option of foreign procurement as bargaining tool??

No answers on this. Then will the cost of products go up? Once the reforms are kickstarted the consensus should be developed in Contentious matter later on thoroughly discussed and then passed as also agreed by the Govt on Floor of Parliament in Dec session which it failed to respect and went ahead unilaterally.

The federation also question that the same congress party that questioned FDI for 5 years, how come it is now accepting the same. Source The said letter can be accessed here https: So thats also not a good argument against the BJP. Wal-Mart destroys more jobs than it creates.

A new Wal-Mart destroys jobs by putting local merchants out of business. The jobs Wal-Mart creates are fewer, lower-paying and mostly part-time. Wal-Mart burdens public health care programs. Most jobs at Wal-Mart have little or no health benefits. Wal-Mart encourages its workers to seek public assistance for their health care.

In Georgia, 10, children of Wal-Mart employees were enrolled in the public health insurance program. Wal-Mart has known for years that many of its stores violate child labor laws and state regulations requiring work breaks - but has done little, if anything, to stop it.

Divine Illumination !: FDI IN RETAIL IN INDIA - A Boon or a Bane ?

Mother Jones, New York Times 4. Wal-Mart degrades the environment. The federal government charged Wal-Mart with violating the Clean Water Act in 17 locations across the country.

Run-off from Wal-Mart construction sites polluted drinking water, streams and lakes. Proponents of Wal-Mart tout their low prices - and the positive impact they have on the purchasing power of consumers.

Fdi in retail is a boon

But Wal-Mart is able to provide low prices because they are heavily subsidized by taxpayers. Make corporations like Wal-Mart help pay for public assistance programs from which they benefit. Instead of providing taxpayer subsidies to Wal-Mart, invest in businesses that provide stable jobs with adequate wages and health benefits.

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S.N. Case Title: 1: M-PESA: Kenya's Experiment with Branchless Banking. 2: TOMS: One for One Giving Model: 3: Cadbury's Relaunch of Caramel and Wispa: Reposing faith in Standalone brands? Sep 24,  · After addressing the question of Politics over economic reforms in India in previous blog posts i want to discuss the concept of FDI in Retail in India which is a huge controversy these days and i find that most of people are superficially dealing it & not dealing it analytically with facts, logic & reasons.

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