FDI in Retail

[Upendra]

Provide them subsidy and sanctuary and they go sluggish.

Why dont you preach this to US and EU?

If the supermarkets were so efficient and provided dynamism, I would like to know why the US is providing a massive subsidy for agriculture.

After all, the world biggest retail giant Wal-Mart is based in America and it should have helped American farmers to become economically viable.

But it did not. American farmers have instead been bailed out by the government, providing a subsidy of Rs 12.50 lakh-crore between 1995 and 2009, and this includes direct income support.

And that is why the American farmers are being supported in the form of direct income support by the American government.

It is the massive farm subsidy that supports agriculture in the US. If this subsidy, classified under Green Box for WTO calculations, is withdrawn (as analysed by UNCTAD-India), US agriculture collapses.

A latest 2010 report by the Organisation for Economic Cooperation and Development (OECD), a group comprising the richest 30 countries in the world, states explicitly that farm subsidies rose by 22 per cent in 2009, up from 21 per cent in 2008.

In just one year in 2009, these industrialised countries provided a subsidy of Rs 12.60 lakh crore to agriculture. And it is primarily for this reason that the farm incomes appear lucrative.

Left to big retail alone, European farmers would have packed up by now.

In India, it is markets that sustain the farmers and not subsidies. We are therefore importing a failed model from America.

Regarding farm incomes, let me illustrate. Till 1950, a farmer in America used to receive about 70 per cent of every dollar spent on food.

In 2005, it had come down to not more than 3 to 4 per cent. If the middlemen have been squeezed out, as is being made out, farmer's income should be increased.

Why it has instead gone down drastically is because farmers' income is being devoured by the new battery of middlemen swamping on him like a vulture.

That is why the US/EU governments are providing subsidy support to keep farmers alive.

[harbans]

Upendra Ji, yes the US subsidizes it's agriculture. It can afford to do so. The number of people employed in that sector in the US is minimal. The US taxpayer also even pays for the unemployed. All that money comes from somewhere right? It comes from the efficient, competitive industries only. If we don't develop that base we are in no position to subsidize anything.

Can we not encourage the indian business houses to come with innovative ideas and create a organized retail sector?

It's easier said than done. But i think that is a question posed by Sridhar ji too. IMHO most innovation doesn't really come from the really big companies. It does from much smaller entities.
Same thing with business model innovations. Maybe Walmart type model too is not good enough, but as long as the present best practises cut wastage and increase benefits for farmers and consumers that standard should be allowed in. When locals see the model, many will innovate and say..hey i can do that better. Opposition to organized retail is mostly vote bank politics being played out. Plus the original anti-reform left lobbies at work.

[Upendra]

Upendra Ji, yes the US subsidizes it's agriculture. It can afford to do so. The number of people employed in that sector in the US is minimal. The US taxpayer also even pays for the unemployed. All that money comes from somewhere right? It comes from the efficient, competitive industries only. If we don't develop that base we are in no position to subsidize anything.

look up the petro dollar scam theory

[member_20292]

bought fruit juice at 90 rs tropicana i.e 1.8 $ for 1 litre.
biscuits 50 cents.

prices in gurgaon are the same as Houston. damnit!

FDI it is!!!!

[Upendra]

bought fruit juice at 90 rs tropicana i.e 1.8 $ for 1 litre.
biscuits 50 cents.

prices in gurgaon are the same as Houston. damnit!

FDI it is!!!!

tropicana contains aspartame[rat poison], keep drinking for a long painful death with tumors in the brain. another reason why FDI should not be allowed, they will sell you sweet poison and make money while killing you.

[VinayB]

WOW! does this even need to be discussed?

the govt should throw open all gates to fdi in all fields.

if I have 100 $ to start a business, where do you think I would invest?

in the US, where, i can hire h1B talent from all over the world, with smooth roads, electricity and internet.

or

in india, where people are so tribal and so close minded that they are debating whether they want good foreigners to put their money or not, and to what extent.


this is stupid.

if i were you, i will mail that to my Nigerian friend who has been mailing me repeatedly. such a good foreigner he is.

[SSridhar]

tropicana contains aspartame[rat poison], keep drinking for a long painful death with tumors in the brain. another reason why FDI should not be allowed, they will sell you sweet poison and make money while killing you.

Two serious questions.

Why does the fruit juice contain rat poison ? Is it done wilfully to finish us off ? Is it done only for Indian markets ? is there a different set of ingredients for tropicana for the western world ?

What about desi stuff ? Are they all squeaky clean (not that rat poison, if true, can be condoned) ? I am already told that the very green leaves I see in vegetable stores are sprayed chemically, the mangoes I eat are ripened with calcium carbide, and the shiny apples are wax-coated etc. etc. Indian merchants and stores are possibly the biggest adulterers, as I see it.

[Upendra]

Why does the fruit juice contain rat poison ? Is it done wilfully to finish us off ?

aspartame is just one of the chemical warfare poison that is part of a larger slow kill program to reduce world human population to 500 million, which the controllers deem to be more manageable level for them in their effort to create a global unitary state. They even etched their diabolic plan in stone for everyone to see, look up georgia guidestones to know more. I have mentioned this earlier but someone doesnt want people to hear about it and goes about censoring my post.





Those interested should research the following topics
Codex Alimentarius
Chemtrails
Project Bluebeam
Agenda 21

Is it done only for Indian markets ? is there a different set of ingredients for tropicana for the western world ?

No, tropicana both in indian and western markets has the same ingredients. the agenda is to slow kill people irrespective of their nationality.

I am already told that the very green leaves I see in vegetable stores are sprayed chemically

chemical pesticides sprayed on vegetables can be washed off before eating but aspartame once ingested remains in the body destroying it slowly.

the mangoes I eat are ripened with calcium carbide, and the shiny apples are wax-coated etc. etc.

first stop buying from those shops, inform local health and food departments and organise raids on such shops, if they fail to take action take the matter to courts and file an criminal complaint against the shopkeeper.

[Singha]

> Project Bluebeam

Project Blue Beam is a conspiracy theory that claims that NASA is attempting to implement a New Age religion with the Antichrist at its head and start a New World Order, via a technologically-simulated Second Coming.

Boss you have seriously lost it, if you subscribe to these as the basis of your anti-FDI crusade here good fun though, thanks for posting the leads.

[Upendra]

This post has been removed by Project Bluebeam

[Lalmohan]

some things to think about
40% of fresh produce in india is wasted due to poor storage and transportation
food inflation in india is volatile and very high
very high levels of pesticides and fertilizers are used in food production in india in the organised sector, and insuffient science is applied in the small landholder sector
the government has not been particularly effective at encouraging the growth of organised food distribution networks that can get fresh food to where it is needed
private enterprise has not tried too hard to change the status quo
apart from specialist foods which could be sourced globally, where would the cheapest source of most foods consumed by indians come from?

this means that mango indian is paying too much for food and what he is getting is not the best that he could get

for everyone worried about massive foreign imports - of what exactly? for almost everything that china can send to india - indians can make them better and cheaper... what is going to open up this capability?

where do you think the future of manufacturing will be once china has reached its limits of population and poor legal and banking infrastructure?

btw - some wise investors in india have already made huge profits by backing the building of cold storage units - there is a lot more to come...

[Singha]

peace brother Upendra. I have no desire to trouble your already troubled mind any further

[Upendra]

peace brother Upendra. I have no desire to trouble your already troubled mind any further

Shows who is the one behaving in a mentally disturbed manner, indulging in mental masturbation and ogling at people who should be viewed in a dignified manner http://forums.bharat-rakshak.com/viewto ... 5#p1197535

[Abhijeet]

I'm glad the opponents of FDI are such balanced, rational individuals capable of carefully evaluating the evidence for their position.

[shyam]

Upendra, you are just newbee in this forum whereas others have been in this forum for more than a decade. Take it easy... Just because people don't agree with you, you don't have to go hyper.

[harbans]

From Upendra Ji's "Educating Yourself" Link..

The Big Space Show in the Sky
The second step in the NASA Blue Beam Project involves a gigantic 'space show' with three-dimensional optical holograms and sounds, laser projection of multiple holographic images to different parts of the world, each receiving a different image according to predominating regional national religious faith. This new 'god's' voice will be speaking in all languages.

These will be projected from satellites onto the sodium layer about 60 miles above the earth. We see tests every once in a while, but they are called UFOs and "flying saucers" sightings.

The project has perfected the ability for some device [referred to as "tractor beams" by ufologists].to lift up an enormous number of people, as in a Rapture, and whisk the entire group into a never-never land We see tests of this device in the abduction of humans by those mysterious little alien greys who snatch people out of their beds and through windows into waiting "mother ships." The calculated resistance to the universal religion and the new messiah and the ensuing holy wars will result in the loss of human life on a scale never imagined before in all of human history.

Seriously?

[Singha]

no harm done, let us educate ourselves and welcome him to post more. there's some cool sci-fi stuff in his pointers.

[gakakkad]

Aspartame is not a rat poison . It is an artificial sweetener .(sugar substitute for Diabetics and "calorie conscious" . ) It has been subject to a lot of conspiracy theories .Like it causes multiple sclerosis or cancer or mental retardation in kids etc . WE HAVE YEARS OF DATA . NONE OF THE CTs are true . APARTAME IS SAFE FOR CONSUMPTION IN ALL AGE GROUPS , (INCLUDING PEDIATRIC AGE GROUP) ..though first time in my life , I heard someone describe aspartame as a rat poison . Had a good laugh. Popularity of aspartame has waned over the years . Probably due to CTs. But the most important reason is that it loses its sweet taste upon cooking . So others like sucralose have gained popularity .

Chemically Aspartate is an ester of Phenyl alanine /Aspartate dipeptide. These two are amino acids (components of protein) .


DISCLAIMER- 1)The above should not be seen as endorsement of aspartame in any way .
2) For information only . Consult Daaktir for any medical advice .
3) bla ..bla..bla
4) yada..yada..


Some of the Pinky and the brain CTs should be removed by the adminullahs .. (a steven speilberg cartoon series in which a Lab mouse tries to conquer the world with lunatic schemes )

[gakakkad]

Arguments in favour of FDI -

- Will bring foreign investment .
- Will organise retail sector .
- Will create jobs.
- may be beneficial for farmers.
- Give greater options to consumers .
- will give global access to the Yindian companies . (Not sure how)
- Improve supply chain .


Arguments Against FDI

- Foreign companies receive debt at 2% . While Indian companies receive it at 12 % . So DLF/Central cannot compete with walmart. (the most genuine argument )
- Will demolish kirana wallas . (essentially debunked , as Yindia is no Amreeka , besides kirana walla model is no epitome of efficiency).
- Logistics is no Rocket science . (Granted , but this country has achieved more in rocket science than logistics . )
- Contract farming will impoverish farmers . (present model is no better , besides it something helps in chanbelising workforce from agro to more productive sector , it should be good . No? )
- Walmart will fail in India . (my father what goes , they are investing their dollahs there) .
CON party CT. (BJP too wanted it before , it is not opposing it today very fiercely , min opposition comes from Mamata. she is a commie anyway )
- bringing back black money - (there are far better ways to do such a thing )
- Decimate indian industry . ( Bhy phor ficci and CII endorsing it than )


CONFLICT OF INTEREST - Some of my best buddies are joos . I might well be a Mufat mason . WTF .
-

[habal]

You got to understand one thing that the Govt of India has always collaborated for FDI interests especially so post Indira. One has always failed to understand as to why a country that can spend $400 billion on importing nuclear power plants and $300 billion on importing fighter jets can't spend even a $100 billion on creating a public sector cold storage logistics chain in the country whereby farmers can store their produce and sell them when demand and price is higher. It is quite obvious that the inability to do this is to align themselves with global interests and not promote Indian agriculture. So all this 30% goods to be procured from India in itself is a false premise because as one time Reliance Fresh was accused of market manipulation in major cities and hoarding produce through their warehouses and cold storage chain thereby increasing cost of basic vegetables and fruits and they used to undercut the market by Rs. 1 or 2 in their Reliance Fresh stores. Many an onion scam and potato scam was started in this manner.

What these foreign retail chains can and will be many times more damaging than Reliance.

The govt also knows that there is no capacity to export sugar and whatever sugar is produced is consumed internally, but still gives out licenses for specific quotas and windows to export. This is at the cost of the Indian consumer and today price of sugar is Rs. 25/kilo which is even higher than price of sugar last year when state govts had to intervene and sell subsidised sugar through fair price shops to control sky rocketing prices.

India is primarily a vegatable consuming country with plenty of people who subsist on even Rs. 2/day and that too exclusively on vegatables, lentils and pulses eventhough it is considered ultradig to spout such statistics. This loot by Reliance Fresh and other chains was a criminal act intended to rip Indians who lived on subsistence and welfare incomes off their main pillars of support. Main aim of the govt and planning commission folks and those who 'see the big picture' in GoI seems to be to deprive this group of livelihood and turn a blind eye to farmer suicides. Probably population control 101 in the New world it seems.

Main element of price rigging in India in vegetables, and produce takes place through forward trading and hoarding. The govt turns a blind eye to it whenever it is placed comfortably because they act in connivance with these traders who give hefty political payouts at time of elections. These days the situation is such that a tiny spark can create a fire that can burn India down and its artificial edifice that has been created by such hyper-corrupt brown sahibs who think it is business as usual. There are also wolves at bay watching India very closely to check if a colour revolution is possible. Thus the GoI will not acquisce to any price-rigging in near future atleast.

All the rosy economic stories generated were to support such price-rigging. People used to be nipped from yelling wolf because economy was so rosy and they were just individuals with some sour grapes perhaps pointing out the blots in the bright picture of India and the shining India story.

India should not become another Europe where people pay the highest prices of petrol and societies are completely under control and people are almost sterile both metaphorically and practically or a police state like the US. India should retain its freedom at any cost.

[gakakkad]

>>spend $400 billion on importing nuclear power plants and $300 billion on importing fighter jets..

excuse me .

[habal]

well that's the apprx figure isn't it. Eventually the purchase cost will get there whatever be the publically stated one.

[gakakkad]

well it ll be like 15 b on jets spread over 5-7 years . for the plants too the figure is off by a factor of 1-2 .

[harbans]

^ Off by a factor close to 2 digits if one takes time periods involved. Planned investment into Nuclear plants is over 10-15 years, same as you mentioned the fighter deal is worth 12 Billion over 5-7 years. And these are big ticket investments. 100 Billion FDI inputs will be rather quick in scale once things open up. Will transform a lot of industry. Cold storage, warehousing facilities efficient transport services will bring lots of employment in rural hinterlands. Many in a family would not only own farms but have a transport or cold storage franchise..that sort of money cannot come from centralized planning. A lot of opposition to retail opening also comes from those that believe in centralized planning models rooted in the failed years of Socialism and License Raj. The Free Mason and NASA angle is obviously not too explored though i must say..

[Upendra]

Seriously?

yes seriously, truth is stranger than fiction.

[habal]

the FDI wallah's are creating cold storage chains to their own benefit and not to benefit the farmer or any other Indian intermediary. To them the farmer is just the lowest common denominator plebian and the intermediary is another leech attempting to such them dry. They can just employ some quick-talking marketing MBA to put these guys in their place and then there is the police & judiciary ready to be corrupted at the drop of a hat for the rest. In mofussil India these arms of the state almost always are used against aam admi. Nothing is going to change for the farmer unless the govt itself sets up sensible programs that allow common farmers to benefit even at the cost of taking a hit to govt bottomlines. Baaki sab hot air hain. Corporate farming in Punjab has done what exactly ? It has trapped a lot of people in a vicious cycle of dependence and freedom of choice has been taken away from them. This is bonded labour, and ofcourse our Govt NEVER intervenes in favor of common farmer or common man unless there is mass revolt. Their decisions are ALWAYS in favor of corporates and vested interests.

India, is a very price inelastic country. What we do not read in the news papers is how many people really suffer when prices of basic commodities go up through hoarding and manipulation. When people suffer silently, nobody is bothered and it is business as usual. Dal today hovers around Rs. 100/kg. How will the roti, dal eating north Indian veggie survive such a scenario. Main people to take a hit will be housewives of lower-middle income and poor households who have to manage with this meagre.People who claim to speak on behalf of India will never acknowledge that naxal activities in eastern India have a great deal to do with the inability of rural folk there to adjust to soaring prices of foodgrains.

Our govt stores surplus foodgrains in FCI godowns so that prices do not fall below a limit for private traders. They could as well distribute these grains free of cost to perennial famine struck areas of Orissa unlike behaving like Mughals and East India Company and siding with some karporate. But this has never happened. Why ? Has it never crossed the minds of the worthies ruling India ?

[Upendra]

Aspartame is not a rat poison . It is an artificial sweetener .(sugar substitute for Diabetics and "calorie conscious" . ) It has been subject to a lot of conspiracy theories .Like it causes multiple sclerosis or cancer or mental retardation in kids etc . WE HAVE YEARS OF DATA . NONE OF THE CTs are true . APARTAME IS SAFE FOR CONSUMPTION IN ALL AGE GROUPS , (INCLUDING PEDIATRIC AGE GROUP) ..though first time in my life , I heard someone describe aspartame as a rat poison . Had a good laugh. Popularity of aspartame has waned over the years . Probably due to CTs. But the most important reason is that it loses its sweet taste upon cooking . So others like sucralose have gained popularity .

Aspartame Interacts With ALL Drugs Vaccines And Toxins

THE BITTER TRUTH ABOUT ARTIFICIAL SWEETENERS

[gakakkad]

^^ I have been through the above before. It is not exactly true .

* Alteration of the blood proteins to which drugs attach.
* Alteration of drug receptors on cell membranes.
* Changes in the sites at which impulses are transmitted along nerves and to muscle.
* Metabolic abnormalities in the elderly that are known to enhance their vulnerability to drug reactions (Weber l986). This problem increases in the case of persons taking multiple drugs ("polypharmacy") prescribed by several physicians.
* Interference with drug action by amino acids and protein. An example is the erratic therapeutic effects when patients with parkinsonism who were controlled on levodopa began to use aspartame products. The antagonism of levodopa by dietary protein presumably reflects impaired transport from serum across the blood brain barrier by neutral amino acids (Pincus l986).

The above interactions are insignificant in clinical practice . None of my diabetic patients who consumed the product had any trouble .

ASPARTIC ACID (40% OF ASPARTAME)
Dr Russell L. Blaylock, a professor of Neurosurgery at the Medical University of Mississippi, recently published a book thoroughly detailing the damage that is caused by the ingestion of excessive aspartic acid from aspartame. [Ninety nine percent of monosodium glutamate 9MSG) is glutamic acid. The damage it causes is also documented in Blaylock's book.] Blaylock makes use of almost 500 scientific references to show how excess free excitatory amino acids such as aspartic acid and glutamic acid in our food supply are causing serious chronic neurological disorders and a myriad of other acute symptoms.(3)

Aspartate is an amino acid found in the human body and normal foods. His claims are bull crap .


Only thing , I agree with is that it is contra-indicated in Phenyl ketonuria . That is a clearly mentioned on the packaging. And the patient cannot consume a large number of other food items which are safe for a normal person .


The compound has been comprehensively reviewed in several countries. It is safe at the quantities nrmally consumed and several times the levels consumed normal .

http://www.dieteticai.ufba.br/Temas/ACU ... ARTAME.pdf



Do not stretch this any further . I am a qualified physician ..

[Upendra]

If aspartame is so safe, why was it approved for human consumption through political pressure instead of medical studies by regulatory authorities?

There is an Italian study which has the following conclusions

Our study has shown that aspartame is a multipotential carcinogenic compound whose carcinogenic effects are also evident at a daily dose of 20 milligrams per kilogram of body weight (mg/kg), notably less than the current acceptable daily intake for humans,” the authors write.

[gakakkad]

^^ there is something called acceptable limit . If you consume 50-100 normal dose , you ll be in trouble. But that is true for everything else. Even your pickle has some potential carcinogens . But at the quantities that you normally consume , you are safe .

[Nihat]

In Jalandhar, a sample of what Wal-Mart brings to the table

Farmers like Avtar Singh Sidhu, who sells potatoes to PepsiCo for its Lays chips and has sold baby corn and other vegetables to Wal-Mart’s local partner, the Indian conglomerate Bharti, argues that foreign retailers will be a boon to India’s struggling agricultural sector. The multinationals, he said, will buy directly from farmers and pay better prices than local wholesalers.

Already, he said, PepsiCo is offering 6 rupees per kilo (or 11 cents) for his potatoes, while local traders offer only 3 rupees (6 cents). “We need more competition,” Mr. Sidhu said.

At present, barely 6 percent of India’s $470 billion in retail sales takes place in organized retail stores, according to Technopak, a Indian consulting firm. The rest takes place in small shops. By contrast, organized retail makes up more than 20 percent of sales in China and 36 percent in Brazil — the two emerging economies to which India most frequently compares itself. (The figure is 85 percent in the United States.)

But Wal-Mart’s experience here in the state of Punjab, one of India’s richest and long the country’s bread basket, provides a glimpse at what could lie ahead for the Indian retail sector.

Two years ago, the company started opening Indian wholesale stores called Best Price, that can sell only to retailers, hotels, restaurants and other businesses. The stores are owned jointly by Wal-Mart and Bharti in a partnership that has four wholesale stores in Punjab, among its 15 total in the country.

Raj Jain, president of Wal-Mart India, said that the partners were now expanding in India’s south and west and that Wal-Mart and Bharti had begun discussing plans for a new retail strategy that, he said, would be announced in the “next few months.” But it will depend on what government officials say on Wednesday to Parliament.

Wal-Mart, which does not disclose its revenue in India, had about 4,000 employees in the country as of August. The Jalandhar store, which opened in August 2010, looks and feels like Wal-Mart’s American outlets, with broad aisles stacked high with merchandise.

Rajat Agarwal, who runs his family’s grocery store on a busy market street nearby, said he had come to rely on Best Price because it almost always had the products he sold at his store. Often, he said, traditional wholesalers run out of the most popular brands like Sunsilk shampoo and Aashirvad wheat flour.

Prices also tend to be consistent at Best Price, in contrast to the constant jockeying by the local wholesalers who offer deep discounts when they have too much supply and then push up prices when they are running low.

One customer, Bhupinder Singh, bought tea, soap, lentils and other supplies. He said he frequented Mr. Agarwal’s shop — but also the Easy Day retail outlet that Bharti has opened down the street.

Easy Day often has prices of up to 10 percent less on packaged goods like biscuits. But he sells the milk from his dairy to the Agarwals, and the family offers him credit on his groceries or offsets his purchases against what it owes him for milk.

Which store he visits, he said, “depends on how I feel that day.”

[Nihat]

FDI in retail: Aam bania is more powerful than the aam aadmi

Don't exactly agree with this articles in it's entirety but somewhere it does make a decent point.

[Nihat]

BJP has shot itself in the foot big time, I expect the Congress to go to the farmers in the next general elections (comprising over 60% of workforce) and yell how BJP scuttled their opportunity to almost double their income and paint them as evil, in addition to the FSB this will give congress a heavy advantage.

The emerging class urban Indians who are hit by price rise will be todl that a politically biased BJP blocked FDI in retail which could have made peoples lives easier . The people of India (the consuming junta) is genrally harmed by blocking of such proposal and this could be evident in the next elections. Besides it would be very disconcerting is a corrupt Govt. came back to power on the back of this claim.

[Pranav]

Organized retail is good, but we don't need any oligopolies. Better to have lots of competition. Maybe there should be restrictions on how many stores a chain can open in a city.

Also, FDI is not really required - Indian firms are quite capable of handling it. On the other hand, this is not a strategic sector so FDI can be considered.

Finally, there should be strong policies to encourage Indian small and medium scale manufacturers, let's not get flooded by Cheeni maal. Indian manufacturers should be helped to scale up and graduate to the big league. At the same time, competition in manufacturing should also be encouraged.

[hariks]

http://timesofindia.indiatimes.com/city ... 011011.cms

If this is working well, why not adopt such a model in rest of the states?
Is it lack of political will?

[Rishirishi]

Cant understand what where this affection for small shops come from. Yes they do create some jobs, but they are mostly poorly paid and consider the drawbacks.

1 expensive way of distribution. Large retailers purchase directly from manufacturar and sell to consumer, prices get lower.
2 controlled and better quality (any large business will have to maintan a certain standard)
3 Large opperations are simpler to tax
4 badly required cold storage logistics for meat, fish, vegitables etc. Currently very little of the farm produce get freezed and processed.

[member_20292]

Organized retail is good, but we don't need any oligopolies. Better to have lots of competition. Maybe there should be restrictions on how many stores a chain can open in a city.

Also, FDI is not really required - Indian firms are quite capable of handling it. On the other hand, this is not a strategic sector so FDI can be considered.

Finally, there should be strong policies to encourage Indian small and medium scale manufacturers, let's not get flooded by Cheeni maal. Indian manufacturers should be helped to scale up and graduate to the big league. At the same time, competition in manufacturing should also be encouraged.

IMO

As an Indian citizen, I would like to compete with the rest of the world without having to transplant myself to America, EU for my career.

For that, I need that the rules that govern commerce/education/immigration in my country to be as open minded as the rules that govern commerce in all others. The first country we can learn from is the US. [and before looking at the farm subsidies, look at the market itself in the US]

On another note, look at the experience of FDI in the US auto sector. Toyota and Honda are doing very well in the US. Interesting thing is, that they are both largely manufactured in the US itself, and in the case of some models, to a larger extent than GM.

Let people compete. Let the whole world admire the Indian system for its fairness and openness. A few years down the line, we will be in the position of the EU, with a negative policy towards immigration and xenophobia that deters Indians from emigrating to the EU, and instead, preferring the US.

As a system (India) , needs to prepare to compete with the US system. Our rate of growth is going to go down after a while, as we reach western levels of prosperity. The thing that allows the US economy to turn on a dime is its allowance of a free for all market. We have to have this free for all in India as well.

Stunting freedom (in economics and immigration) is not a good way of going about things.

[Yagnasri]

Most of the retail chains promoted in Indians are in loss. They do not offer whole range of products also. As for as FDI is concerned it is Manmohan who took the decision with utter disregard to political fallout. Any FDI and new shops will also pay the workers very poorly and it will be only fat MBA's from IIM's and their white skinned bosses who will make crores of rupees in salaries. So instead of some whole sale and "middle men" we will have new set of people eating of cunsumers and producers.

There are fears and concerns on this move and we can act as if we know every thing and brush these fears aside and go ahead or we can hear them and discuss them and proceed to address them. MMS completely ignored a large body of opinion and went ahead. Now INC is forced to back him. Let us not forget there is a great example of East India Company which " sourced" its requirements from farmers like Indigo so that it can export then same. We know what has happend when farmers refused to do so. Memory of East India Company will not be forgetten so easily by the nation and there will be huge opposition to any white people regaining any power on Indians today and in future. We have set a great example with Bhopal Gas/Mass murder case that white people can kill Indians in their thousands and no one will dare to touch them.

Do we blame our people if they oppose this FDI because they fear return of East Indian Company like organisations? Unlike US here 65% of people vote and most of them are dead poor. We can not copy every thing US or EU does ignoring the concerns of the people and history of the nation.

[member_20292]

http://timesofindia.indiatimes.com/city ... 011011.cms

If this is working well, why not adopt such a model in rest of the states?
Is it lack of political will?

Because politician XYZ does not have an interest in coming down to Gujarat and making this happen. The farmers who have a commercial interest in doing this, will do it in other places. So let them .

The best , any govt can do, is get out of my way. It cannot come down and will not come down and hold my hand and do things for me. It should just have simple rules, that are easy to follow and execute. And people will do the rest.


Walmart is not some mechatron. It was founded by a man , who fortunately was born in a country which allowed for such scales to be achieved . What has Walmart achieved? 1. Low prices for US consumers. Prices in Walmart for clothes and manufactured goods are lower in the United States, with a much higher standard of living and salaries (44,000 $) than India with much lower salaries and GDP (3500$). Why so? 2. Chinese people allowed to manufacture their way out of poverty 3. Large fortunes for the Walton family.

So, as I see it, we should be able to do this in India as well. It just needs someone with enough guts and gumption , a modern day Dhirubhai Ambani if you will.

Just get the govt out of my (and your) way.

[SBajwa]

The land mass of India is so fertile that just a little bit of attention by our politicians (check semi-arid Gujarat where 9% growth in agriculture sector is observed) will and can show miracles.

It is because of the fertile rich land mass that we have attracted thousands of invaders in our history.

FDI investment is good but at the same time subsidies and useless "employment" schemes needs to be taken off and more effort need to be put in creating an educated/professional work force.

Education/skills of most of our plumbers/electricians/construction workers/etc are very poor when compared to developed world.