Multi-brand retailing: Ministry for opening up FDI.

The top most positive effects that come to my mind are better quality products, wider choice of international labels and better price. While it is nice to be positive and upbeat, the ministry should also enforce very strict rules and not allow any leverage to MNC players at the cost of the local retailer. This aspect is the most important factor in opening up of any sector for FII's. Most of the govt does the good work of liberalising a particular sector and then sleeps over it till a scam happens and then run around to cover it up or amend existing laws.

It has to make clear to all the foreign players that the law of the land is utmost and cannot be compromised at any cost. If done very harsh penalties followed by imprisonment should be resorted to.

FDI will bring positive impacts which refers to solve India's long list of unefficiency like Technical know-how, Employment, Advance Technology & most required product MONEY which can boost our economy's vehicle & also a higher standard of living for more & more population as FDI will create more jobs & it will create more employment & employment will create more money, more money will create spending power, more spending will create demand, more demand will create stock requirement which inturns more production & production willl create more biz & to cut a short story WILL CREATE AN OPPORTUINITY FOR INDIA TO BOOST ECONOMIC GROWTH FOR AN INTERNATIONAL ACCLAIM. 

A ready marketing avenue for produce produced by farmers, food products, consumer durable  FMCGs,Fruits, vegtables.

Even Handicrafts, Handlooms, hand made products, produced by rural artisans can find place  in this supply chains.

These supply chains can bridge the gap between producer and consummer.

I think its a good & at the same time a bold step (the opposition, as if now, seems very united on certain policy matters & the mainstream opp. parties are known for their some reservations on that) by the govt to produce a discussion paper regarding the issue,,to come to a suitable modus-operandi.

It will definitely help in areas like F&V sector where crops,,estimated to be more than 1 lac cr. or 35% of the total, gets rot due to improper & inefficient supply chain, relieving some inflationary pressures in the sector.

Our country stands 2nd in the world in the above sector & as Shailena & you have said,,bringing new technology & fresh investments in the sector will going to be boon for farmers & consumers, at the same time removing the middlemen for further benefits of the both.

There also lies a huge potential in food processing industries that can change the scenario of certain ruler belts.

There are also immense employment opportunities both in urban & ruler areas.

But as the CEO of ABRL has said,,it should be done in a calibrated manner being a political sensitive policy matter,,,(some people have concerns for more than 33 million mom-pop stores operators amidst sprawling of big box outlets).

Thanks for the referral Shailena.

Opening FDI in retail could also assist in bringing technical know-how to set up efficient supply chains, which can act as models of development.It would also assist in lowering consumer prices/inflation.