Improve distribution channels through better allocation of existing national resource rather than inviting foreigners who would take away part of the profit otherwise availed by our own people


One of the reasons cited by the Congress (I) government for allowing foreign direct investment (FDI) in retail segment is that foreign investment would improve the distribution channel by eliminating middlemen. It is argued that farmers would benefit as they would be paid better price of farm products with the elimination of middlemen that allegedly sucks 60 to 80 percent of the retail price. It is good if farmers would be paid more for their farm output. However, middlemen are also a part of the society. Often, there is no thin line of distinction between consumers, farmers, middlemen. Farmers and middlemen too are consumers. If the government is willing to improve distribution channel, it is most welcome, but not by creating unemployment situation for millions. In United States of America, stimulus package is much about creating jobs even by artificial means like digging a well and then filling as it would create employment opportunity!

Terms like greater efficiency are not always in the best interest. For instance, there is little point in introducing a particular bill that would reduce price of an equipment of mass consumption by 50 percent and therefore help consumers if the same bill would also create unemployment for even 4 percent of the population. The government should try to improve distribution channels that directly connect farmers with consumers through better allocation of existing national resource rather than inviting foreigners who would take away part of the profit which is otherwise availed by our own middlemen. There should be implementation of laws that prohibit middlemen from black marketing rather than making all middlemen unemployed. Yes, one big foreign multinational company may have the financial resource which our millions of middlemen together could not match. In that case, should our government surrender to that one foreign entity depriving job opportunities for millions of middlemen? Does government has the strategy of creating fresh employment for those who would lose their source of livelihood once the likes of Walmart start connecting smartly directly with farmers and consumers?

Much needed...better late then never... now that they dont have the yoke of mamta`s stupidity around their neck !! Job losses is bullshit !!

PM has asked a question in his yesterday`s speech where does the money come from to give subsidy on fuel. I would like to ask a question to the PM, where does the money come from to give cell phones to people who are below poverty line?

i do not support UPA in fdi retail

Yes: afcourse he is right;

Rajeev ganhi Eq scheme is an example of chamchagiri at the level of PM and FM

Yes. It will benefit the people and the economy.

this will lead India`s financial growth for long term

yes. it is need of the day to take few hard decisions to keep the nation of right track.fdi is good for long run.Let us not hesitate to sacrify our own interests for the sake of whole nation.

no you are not a right

yes

YES

FDI is a wrong decision taken by govt. It will give poor result in long run. This just like british comes to India for doing business. we have to take lesson from our history.

Yes

When kentucky , Mc Donald came to india their were hue and cry now no one is talking about them , Reforms are must we don`t have stores to keep vegetables, fruits, potato , wheat , Supreme court is intervening
to give wheat to poor our farmers are producing afterwards it is thrown on road side .
we should wake up we cannot depend on subsidy for long we are sitting on big world bank loan some big actions for reforms are needed for longer runs.