Foreign Direct Investment in multi-brand retail

28.11.2011 14:11:57 - Nksagar-Sagar Media Inc: New Delhi:A nation where PDS System and the consumer right are in state of jeopardy and with passing of each day the common man food is getting dearer and dearer thus a cause of poor health and low return of country demographic health with low nutrition wealth.

(live-PR.com) - Foreign Direct Investment, FDI, in multi-brand retail is too specific with brand word which supposedly applies to the branding companies but with developed countries in this branding goes well but with countries namely China and Myanmar,South Asian and far East countries in developing state for their opening their store without any brand may have difficult to get clearance with this Categorical namely allotted by the government of India.
Supermarkets a very old concept and the retail brand can be in thousands category of variant nature with respect to cultural and eating habits of trade getting globalized thus the name must have common analogy to accommodate the global trade when FTA are in vogue.

We,the nation run our governance,in way of oligarchy rather than for the masses or the people.The decision of food for all needs compressive decision as it affect both the food and employ ability.

Consultation with stakeholders for getting the policy approved is necessity. Retail trade is dominated by backward class and minorities,quintessentially the aam admi. Cabinet decision to allow foreign direct investment in India's retail sector has stupefied. Foreign retail giants has tendency to destroy domestic competition. They are accused of adopting bad labour practices, squeezing manufacturers and following predatory pricing policies and small retailers run the risk of being eliminated not by market forces but by the pricing and marketing policies of these multinational giants, each one with a
proven track record of anti-competitive policies.

The fear of forming conglomerate of prices by foreign companies in produce like onions,tomatoes, potatoes and apples by storing the eatery in cold storage's to stir a fake shortage in the market and speculating the prices has given aam admi real headache.Managing controlled supply to the open market, the foreign companies manage the retail prices when the government act mute spectator to check the malpractice,fear is greater when foreign companies manage to control various eatery products.


Government today launched a campaign to highlight the advantages of allowing Foreign Direct Investment, FDI, in multi-brand retail. Commerce and Industry Ministry has given a full page advertisement in all leading newspapers today, stating that FDI in multi-brand retail will help farmers, create more jobs and benefit consumers. The advertisement states that domestic retailers will benefit from sourcing their requirements from wholesale cash and carry store at a discount. The Ministry stated that contrary to the mistaken belief that it will result in unemployment, FDI in multi-brand retail will generate 10 million new jobs. It added that farmers will also benefit from the decision as they will receive better prices for their produce. The Ministry also stated that in countries where there is no cap on FDI, small retail stores have flourished.

Official Correspondent reports that the Opposition and some allies of the government have opposed the Cabinet's decision to allow 51 percent FDI in multi brand retail and 100 per cent in single brand retail. Parliament was also disrupted on Friday over the issue.

Meanwhile, the government maintained that all precautions have been taken to protect the interests of farmers and small retailers. Law Minister Salman Khurshid today said that the State governments are free to take a decision on the implementation of the policy in their respective States. He added that BJP should sort out the differences within its own party over the issue.
Posted by Nksagar at 3:30 AM
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