FDI IN RETAIL MORE BAD NEWS THAN GOOD
Hello everyone,
Indian corporate world is Lobbying in favour of FDI in retail.After all we MBAs are given a degree to get jobs at such places.any ways I am attaching some documents and telling you my argument(it has failed in germany)
1.we desperately need investment in our infrastructure ie related to the Retail industry i.e. we need where houses ,better roads and cold storages that will minimise our loss due to rot.All the perishable items procured from the market cannot be sold there has to be some damage,hence the items gets costly.If we have better infrastructure we can minimise this and hence maximise profit and that can be shared with the farmers too.
2. With Fdi manmohan is focusing on immediate inflow of money in our real estate and construction industry which will give jobs to thousands.These giant retailers have to acquire a lot of land in order to start their stores,with sky rocketing prices we will get huge inflow in real estate.next it will also be in construction and infrastructure as the things our government should have done will have to be done by them.They will have to work on getting where houses and cold storages to minimise losses.so till this time its beneficial.
3.Now as they have huge operations they are able to cut profits in a huge scale and hence can work on smaller margins,the truth is u do get cheaper and better things because of their scale of operations.they have a policy of "source globally and sell locally"hence they will procure cheap items from abroad.now our own manufacturing sector cannot compete with the items as labour laws in countries like China favours them to produce cheaper goods and also franky speaking our manufacturing sector has its own deamons to handle http://www.moneycontrol.com/news-topic/manufacturing-sector-in-india/ here too big players who r international will be able to score and small players will suffer very badly.Hence manufacturing sector will be hit first.
4.Now because of their cost of operations small middle men will be wiped so all these people will be job less,the people they are talking about middle men they will all be unemployed.
5.A condition of monopoly will prevail in the market,on one hand they are giving farm bill subsidies to their own farmer and cutting subsidies in our country to our farmer.They will decide how much to pay to our farmers and what our farmers will grow.also they will keep in mind their own farmer's welfare at the cost of ours.
6.whatever these middle men earn as a profit is spend in our own economy hence its circulated in India but what these giant retailers will be earning as a profit will go in the american economy.
7.The question is why dont we ourselves invest in the much needed infrastructural development in our country.
I will mail me more papers.....for the time being I am sending these to support my arguments
if anyone is interested in getting the related documents please mail me on bahadursaumya@gmail.com
regards
saumya
Indian corporate world is Lobbying in favour of FDI in retail.After all we MBAs are given a degree to get jobs at such places.any ways I am attaching some documents and telling you my argument(it has failed in germany)
1.we desperately need investment in our infrastructure ie related to the Retail industry i.e. we need where houses ,better roads and cold storages that will minimise our loss due to rot.All the perishable items procured from the market cannot be sold there has to be some damage,hence the items gets costly.If we have better infrastructure we can minimise this and hence maximise profit and that can be shared with the farmers too.
2. With Fdi manmohan is focusing on immediate inflow of money in our real estate and construction industry which will give jobs to thousands.These giant retailers have to acquire a lot of land in order to start their stores,with sky rocketing prices we will get huge inflow in real estate.next it will also be in construction and infrastructure as the things our government should have done will have to be done by them.They will have to work on getting where houses and cold storages to minimise losses.so till this time its beneficial.
3.Now as they have huge operations they are able to cut profits in a huge scale and hence can work on smaller margins,the truth is u do get cheaper and better things because of their scale of operations.they have a policy of "source globally and sell locally"hence they will procure cheap items from abroad.now our own manufacturing sector cannot compete with the items as labour laws in countries like China favours them to produce cheaper goods and also franky speaking our manufacturing sector has its own deamons to handle http://www.moneycontrol.com/news-topic/manufacturing-sector-in-india/ here too big players who r international will be able to score and small players will suffer very badly.Hence manufacturing sector will be hit first.
4.Now because of their cost of operations small middle men will be wiped so all these people will be job less,the people they are talking about middle men they will all be unemployed.
5.A condition of monopoly will prevail in the market,on one hand they are giving farm bill subsidies to their own farmer and cutting subsidies in our country to our farmer.They will decide how much to pay to our farmers and what our farmers will grow.also they will keep in mind their own farmer's welfare at the cost of ours.
6.whatever these middle men earn as a profit is spend in our own economy hence its circulated in India but what these giant retailers will be earning as a profit will go in the american economy.
7.The question is why dont we ourselves invest in the much needed infrastructural development in our country.
I will mail me more papers.....for the time being I am sending these to support my arguments
if anyone is interested in getting the related documents please mail me on bahadursaumya@gmail.com
regards
saumya
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