Monday, 17 September 2012

Do FDI in Multi Brand retail harmful to India ?

Hot debate is going on about Union Govt's recent move to more liberalization. Last week govt announced its fresh policies. 51 % FDI in Multi Brand Retail is one among them. Do this move destroy the unorganized retail sector in our country?
Absolutely never ... According the said plan International retail chains will open their malls only in cities with population more than 10 lakhs.
Modernization in retailing will create an atmosphere in which the farmers will get reasonable price for their products . retailers will buy farm products   directly from the farmers. which avoid unnecessary meddle men
if Big retail chains like wall mart open their shops in India it will employ millions directly and indirectly.

2 comments:

  1. Those who supports the Govt argue that it will be good for our ailing economy. They say that it will offer much benefits to farmers, small producers and consumers.

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