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Political Bar Of India

 
Created by : Vinoy Scaria James, Tour Consultant., Guiders Mission Tours & Travels  | 12 05 2011 12:47:23 +0000
Activity:  1555 views;  last activity : 12 25 2011 07:23:45 +0000
 
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No! India can do without the FBI in retail sector. Vs Yes! It is needed for both the farmers and the end consumer.
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It is a no win situation. We have tried being without FDI in retail for the last 65 years and where do we, or our farmers stand? Milched of every grain they produce by the middle men and the powers that be. Now with the FDI, they will be done in by them in the mask of foreign players. Hence I see no improvement in the plight of the farmers.
By AMISH , Writer - Administrator  12 06 2011 07:02:00 +0000
 
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Yes Vinoy given the middle men in the retail sector and their corrupt means, a FBI is also needed along with the FDI. FDI can tighten the whole process up and competition and efficiency will ensure prevention of hoarding, wastage of products etc. However, the government has to stay committed to the cause of the poor farmers . It cannot wash itself of this sector in the hope that FDI will play the big saviour.
By Shameena W., Admin Manager, Wizcraft Inc.  12 13 2011 13:31:13 +0000
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Firstly Please correct FDI and not FBI, is in question.

There is no doubt we need to better.... technology, knowledge, management, handling, safety parameters, better policies and regulator etc ...etc..and rather urgently. 

Yet, for anyone to support FDI in retail, one must keep in mind is there are no free lunches in business. Therefore if someone is investing it is purely for profit and not social service.

If Indian industry is investing outside the country it is not without reason. Without care to know the reason for avoiding investment at home we have started the talk of FDI. The crucial questions: Will it increase domestic production? Can unregulated imports not completely kill the already low produce domestic production and industry? We must bear in mind becoming a a waste basket for other economies can not get us to prosperity.


By Ravindra Sharma, Managing Consultant, CHEF-India  | 12 15 2011 07:35:49 +0000
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We are in the age of globalised open economy. It tend to have its pros and cons. I dont believe that it will benefit the consumers and farmers as being told by the Govt. But, its not the time to confine your business to your four walls. We cant totally deny the move of the Govt. and at the same time we cant appreciate the apprehansions of opposition as well. One thing is sure, if every country go on resorting to guard their own interests, we will be driven back to the age of closed economies. It wont help us anyway. There is nothing wrong in guarding the interests of your own people while opening your doors for others, but at the same time it wont be a wise move to keep your doors shut denying the entry for others.
By Srinivas suravajhala, Asst. Manager.  | 12 14 2011 05:38:47 +0000
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Dear Shammena, May i know what you are talking FBI is not an Indian agency, it is an American agency. Do you think that we need to have a foreign intelligence agency to come to our country to catch? Please read my posting opposing the move. If you have any questions i will send you further analysis. 


By Krishnamurthy Prabhakar, Professor, Velammal Engineering College  | 12 13 2011 15:08:51 +0000
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Dear Rathin Deb, Do you think that these multinationals will save it? We have the technology already available in our country. If you need to complete information i will post you the Scientists name and address whom you can contact to save the food. It is just a fraud on the people to take away livelihood of millions. 


By Krishnamurthy Prabhakar, Professor, Velammal Engineering College  | 12 13 2011 15:06:42 +0000
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No. We do not want to have another 2.5 lakh hawkers to commit suicide. We may get some top jobs but it will drive people to bankruptcy.Do you know what happened in UK. Please see the report by corporate watch. http://www.corporatewatch.org/?lid=2596. Analysis by S.Gurumurthy at :http://expressbuzz.com/opinion/columnists/market-economy-or-market-society/340201.html. If you are not convinced please see the video on what happened in USA. http://www.youtube.com/watch?v=Hftb_DVuelo.It is just fraud on people to claim it will reduce prices and farmers will be benefited. It never happened anywhere in the world and not likely to happen in India at all.


By Krishnamurthy Prabhakar, Professor, Velammal Engineering College  | 12 13 2011 15:04:22 +0000
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Sorry Ravindra for that mistake. Take it as a tongue in check comment.
By Vinoy Scaria James, Tour Consultant., Guiders Mission Tours & Travels  | 12 10 2011 06:52:19 +0000
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Anyway the major shopping malls does not compete with the small shop by the neighborhood. Yes! It does seem likely to affect the middlemen. And therein lies the glitch. The BJP cannot support it as their constituency has a large chunk of small and big Indian suppliers (not retailers mind You). Smart move by the Congress and definitely put the BJP in a no-win situation. Sad that decision making in our country has come to this passe. Statesmanship has gone to the dogs, as both Congress and BJP are just upping the ante for elections in 5 states. But the policy is good and the next step forward to the changes already made in the FDI sector.
By Shameena W., Admin Manager, Wizcraft Inc.  | 12 25 2011 07:23:45 +0000
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FDI in retail will increase competitiveness for all in retail sectors encouraging new business models.
By Abhijit Anand Prabhudan, Admin/Facilities Manager, Ca*****  | 12 20 2011 15:02:03 +0000
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I am not sure how will they multinationals be able to incorporate their supply chain methods in India, with the current state of the infrastructure in India. I'd say it is a good move, one being, it gives consumer better choices and also a good shopping enviroment, it gives a product better exposure in the markets, thereby creating an awareness, which a local store fails to create. Thirdly, it will create a lot of jobs in retail, and distribution sector, as it requires skilled man power to run this operation. India needs to evolve and adapt to the world, opening up the doors to FDI is globalization.
By Sharat Haridas, Client Servicing/Key Account Manager, Transmed Overseas Inc SA  | 12 18 2011 16:49:41 +0000
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FDI in retail sector is a long pending issue and the government finally took step in the right direction.If FDI in retail is allowed it will bring quality changes in the said field.It will create jobs, better quality products, and also increase business.
By Shashi Kumar U, Head Accounts, Geluvu Food Products  | 12 14 2011 07:41:18 +0000
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Mr. Prabhakhar, It was a joke. The question is not of technology but capital and good business work.
By Shameena W., Admin Manager, Wizcraft Inc.  | 12 14 2011 05:48:38 +0000
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The FDI retailers will be committed to invest on infrastructure. it again depends on the government of the day, to se that they do.

As for hawkers and small shops closing down, I cannot accept it. The big retail shops do not compete in the same market as those of the hawkers. These retail shops usually are set up only in huge cities and contain the section of class that will be ready to shop in the big guns. The others will not. In-fact even the end user may not benefit much in terms of less costs, as they will still go to their small shop in the neighborhood.

However this is worth a try as it could break the dirty business of middleman or at least tame it a bit. the farmers are definitely going to gain. Will it a big success is difficult to say. We will wait and watch.


By Vinoy Scaria James, Tour Consultant., Guiders Mission Tours & Travels  | 12 14 2011 04:57:28 +0000
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Vinoy I fully agree with your point of view. Our country produces app. 187 million tonnes of fruit and vegetables and about 40% goes waste in absence of proper storage and advance machinery to extract the concentrate.


By Rathin Deb, Advisor and retail consultant, currently as Branch Manager, Tower Infotech Ltd  | 12 08 2011 11:57:28 +0000
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The increase in FDI in retail sector will be a good step forward as it cuts down the distance from the ground farmer to the consumer. It thus further enables in fair pricing for both the main players.

The scope for middlemen who create havoc by monopolizing the distribution chain and pricing will thus be reduced. It makes farming more lucrative and consumer gets goods at less inflated costs.

It could also be a step forward in the prevention of rotting of food in warehouses.


By Vinoy Scaria James, Tour Consultant., Guiders Mission Tours & Travels  | 12 05 2011 12:51:18 +0000
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