Hope the FDI in retail helps us gets some store which really try to outbeat the existing stores as a matter of prices and consumer might be able to save on his pockets. :-)
It`s good for us consumers...competition always works for the betterment of the consumers....it`s high time we get to enjoy world class products and quality..just like the rest of the world does....after all we are a part of the global economy...
FDI in retail is really a grave to Indian Farmers & SME enterprises. It really widen the difference in the distribution of wealth which is the biggest problem in the World. It seems to be sweet initially once they get the monopoly of the sector then they would dictate terms. And its the problem in developed economies also. The money which is distributed among millions on retailers would now go to view organizational hands. Instead Government has arrange proper ware housing and marketing facilities to the farmers which would boost the economy in long term. Its not stock markets or rating which govern the economy, its even distribution and collective growth which defines economy. Dr. Manmohan Singh is a great economist I think he has to think about long term progress than short term good news which in future Graves the life of common people hence the country