So now when Carrefour
,the French retail giant is planning to exit all the retail businesses in India
and only Tesco(UK setup) is planning to invest in India the question that looms
largely over India is, Is this the right strategy of Modi regime to discourage
FDI in retail ?
- It will lead to closure of
small scale shops across the country and endanger livelihood of some
million people.
- It may bring down
prices initially, but this will be a predatory pricing scheme by
multinational companies to get a stronghold in the retail market later
they will increase the prices once the competition dries up, hence Small
and medium enterprises will become victims of predatory pricing policies
of multinational retailers
- Farmers may be given
remunerative prices initially, but eventually they will be at the mercy of
big retailers
- It will disintegrate
established supply chains by encouraging monopolies of global retailers
FDI as a boon to
India:
- It will cut intermediaries
between farmers and the retailers, thereby helping them get more money for
their produce
- It will help in bringing
down prices at retail level and calm inflation
- Big retail chains will invest
in supply chains which will reduce wastage, estimated at 40 percent in the
case of fruits and vegetables
- Small and medium enterprises
will have a bigger market, along with better technology and branding
- It will bring much-needed
foreign investment into the country, along with technology and global
best-practices
- It will actually create
employment than displace people engaged in small stores
- It will induce better
competition in the market, thus benefiting both producers and consumers.
This is an open debate for one and all to discuss
pro and cons of FDI according to you and till what extent our govt. is by not
being in favour of FDI in retail.
Please help :
Your valuable feedback/comment Below really required
For More Updates Please Like ~ https://www.facebook.com/BankNotification
ThankYou,
BankNotifications
.jpg)
.jpg)
