In reference to above article not only TATA but SAHARA Q shop which is already launched in the northern part of India can immerse into big marts and we can avoid FDI. We as Indian can immerse our business to other parts of nation.
FDI - Means monopoly market/ Changing your lifestyle and spend more & more from ur credit card/ If you want a very good quality product it means you're using double resources just for one product. If we're using too much any resources then what will do the upcoming generation? At present we're at-least safe from global crises but after FDI, India becomes America # 10% Unemployment figure on any Next Gl.crises.
India in the 17 th century did the mistake of letting british set up a trading company in here.. the political situation is still the same..our politics is still corrupt..no belief in one another.. and ready to kill for money.. 51 % would mean we still below with 49%... needing to listen to them.. need to do as they say.. well here now a days in india a father cant trust his own son.. so can u believe we can trust an outsider.. a company with much huge capital then we have.. many more brains working for them .. so many loop holes in politics.. a kid can drive a scooter and if he gets caught he know the way to be out .. pay the police wala 50 bucks and he leaves u out... i have full belief in our finance minister and prime minister ability butttttttt what about the rest..for 10000 bucks when they can ask stupid question in parliment do u thing a big company or a investor would not try to make use of it... i would say no to FDI till we cant get our political structure right..until and unless we get the basics right we cant win anything...and i dont wana be under a foreign rule again..as its not always that u find gandhi around in india..polictics politics and policts thats killing us
Re: dont want to become a slave again after 1947
by A Upadhyay on Mar 26, 2011 12:35 AM Permalink
If we get political structure right we don't need foreign investment. Well said sir..........
The way u argued ---- one can easily relate to "The majority Hindus should have preference to minority Muslims". Good governments dont work that way. FDI in retail should be allowed, but not at large costs to the local retailers. A better option would be to heavily tax FDI oriented retailers, and use that money towards doing something good for the local retailers.
Re: The way u argue
by A Upadhyay on Mar 26, 2011 12:42 AM Permalink
How after killing their business u will benefit them? Moreover our government are famous for tax holidays and giving them extra in the name of recession? Globalization has already destroyed small scale industries the writer don't know the figures? What competition our small street side panwala or grocery shop wala will do giant companies like walmart will do, since it will lead serious unemployment already reliance fresh has already caused to small vegetables and fruit walas?
If what seems to be happening in Walmart seems to be right then regardless of what quality of products will go down, small retail shops will close, monopoly of one chain will eventually lead to costlier goods so to hell with the customer. I dont know where this guy is from but a fair idea but not a good article.
the author seems to think that the consumers are coming from one planet and producers from another so it is beneficial for the consumers when the prices can be brought down aggresively.
That is not the case, every consumer is a producer of some sort (services or goods) and finally the price blow will hit him back, he can find out no matter how hard he toils,he is pushed more and more into slavery at low costs just to fight the competation and survive, and the only benefiters will be the big ceos of the retail corporations. Now with a host of kirana shops the wealth however meagre will be distributed amongst a bigger chunk of the population, while with the onset of retail chains, more and more producers will have to work more and more at low prices to meet the competation. The owners of the retail chains due to their huge size can make enormous amount of profit, while the shoppers will be under the illusion that the falling prices are good for them, but in the big picture they will be racing down to poverty.
Just to make matters more interesting the author arguing for foriegn investment in this market. Do you think it is their altruism that is prompting them to pour money her
Most cite lowering costs and savings to customers as benefits for allowing retail trade.but thatz only in the short term. through retail trade, when costs are lowered for a longer period of time, then eventually salaries get adjusted to those lowered rates and that benefit is lost in the long term. so lowered costs doesn't make any sense. coming to employment benefits, yeah definetly it will provide cheap employment to thousands at the cost of few guys njoying billions and roaming around in private jets. all the small shop owners will start working in retail shops for 12 hours a day under cheap labour but the executives will be builing mansions. that is what is happening in wal-mart in USA. inside wal-mart, thousands work for 7$ an hour and hardly make enough in a month to make good living. think if wal-mart wasn't there, hundreds working there probably will have their own shop and be an entreprenaur. problems that come from retail far outweigh the benefits in the long term. also politically big corporations will have enormous power which will leave very little power for the common man. any one interested can contact and initiate debate. my email is kprindia@yahoo.com thank
RE:flaw in this explanation
by Sagar on Nov 15, 2005 09:07 AM Permalink
But do you think , indiviuals working as independent enterprenaurs would be able to make advancements in the quality of products and services offered to the consumers. I dont think so capital is much more important in retailing , than labour. as you have suggested labour would automatically adjust itself. Why cry about FDI in retail , when our very own Pantaloons and Big Bazaars are eating away the share of these small shops.FDI would bring more efficiency in organised retailing. (Figures reveal much more than mere numbers) There is more to it, these small shops , often family owned businesses would learn from this experience , although they cannot fight the price wars but they can be innovative by way of offering wide range of services.Thats what you and I need ..innovation. Think abt it
