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Is Foreign Direct Investment (FDI) in retail sector good for India?

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Abhishek said: (Wed, Jan 9, 2013 09:21:21 PM)

Yeah I agree that FDI is good for India if it is implemented properly. As it will reduce unemployment rate in India by creating a large amount of job vacancies. It will provide goods at their best cheap prices because of neck cutting competition so to be in the market. N It will provide benefit to farmers by removing the inter mediators used to bring there stuff to market. As FDI will be allowed so there will be huge foreign investment so it will develop Indian infrastructure. Improve n bring new technologies to India. As well as make rupee strong since there will be more demand of rupee in market. ! So I think that FDI is good but need to be implemented properly n government need to learn how to manage it to keep our economy growing.

As the fate of this policy That it is GOOD OR BAD is in hands of Indian Government And Time.
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Viswa said: (Wed, Jan 9, 2013 03:17:55 PM)

I against FDI in retail. Because Walmart like companies enter in to the India they only take our profits. Then company pays 5 percent profit only to our nation they enjoy our profits first upon. Second thing our trader will suffers to this companies. Third : they only buying our goods and selling to the customers also then finally they buy low price to farmers (heavy amount of goods produced the farmers govt also support to the retail companies for low price). Then retail companies coming one thing is good they sell with bill (go and search politicians houses there so much block money that's money can change all things in India. Who against business they only support to FDI retail. Wall mart giving jobs only 22 lakhs (0.3 per) peoples worldwide population is seven thousand crores. (100 per) and other all big retailing companies only (0.3 per).
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Deepika said: (Tue, Jan 8, 2013 03:35:40 PM)

Hello friends even I want to be part of this discussion. I Strongly opposed FDI in retail sector. As many of them discussing that FDI is good as it is giving employment opportunities, new technologies, getting good quality at lower prices and many more. Then they must go through the detail experience of the other countries like china, Indonesia and many other where they welcome such opportunities of FDI and had faced many related problems. FDI will give only sales jobs to Indian youth and made Indians their slave again like in British times. I can't understand why Indians don't think that they even have capability of having such technologies by their mind. One of above candidate was talking that FDI will improve the strength of rupee and will bring Cold storage technology. But I don't think so. FDI coming to India doesn't mean that foreign currency is entering in India. Again their investment will flow from India to their country in terms of Rupee only. That concludes our rupee is becoming more and more weak. Some of them are just attracting with the attractive features -. 1. Getting good quality with cheaper price.

2. Getting employment opportunity. 3. Improving rural infrastructure. But my dear friends just think before saying. 1. Do you want our India to become sales country which will work for others ? 2. Do you want we depend on others for each and every single thing ? 3. Do you want others to play with INDIA on the name of new new policies like FDI? 4. Do you want no Indians to become entrepreneur ? So my dear friends please I beg you to go through the experience of other countries where these FDI entered and choke the domestic players and discouraged all their technologies. I really appreciate the china government who had faced these problems and handled it very carefully and Mindy way from this FDI by making their own policy so that FDI can't harm their country in any economic or any other mean.
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Ankit Negi said: (Mon, Jan 7, 2013 08:23:31 PM)

I am in support of FDI. Firstly because, it is going to provide me a variety of quality product at the same place, with warranty and at comparatively lower price. Secondly, it is directly benefiting the poor farmers by direct purchasing from the company at bulk and at better, fair, and static prices. And Thirdly, it increases the government revenue as each and every transaction of purchase and sale of product will be computerized, and each and every customer gets its product with proper billing.
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Sankalp Khanna said: (Fri, Jan 4, 2013 05:58:43 PM)

It will hurt small traders (Kirana store). They argue that millions of people will become unemployed as small stores will not be able to compete with multinational giants. - Farmers will also suffer as these big firms will exploit them in the name of corporate/captive farming and will force farmers to sell at a less price than the market price. - India will become a country of sales boys and sales girls as foreign firms will create only such type of employment opportunities for our youth. - The Indian consumer will be forced to buy cheap products as these foreign firms will outsource their purchase from countries like China and dump it here. This will also hurt our

domestic producers as they will not be able to compete with their foreign counterparts. - Foreign companies will come here only for profits, which will be siphoned back to their parent company. Most of the arguments are not based on facts or economic logic. In fact, there is a sense, after listening to these arguments as almost the same rhetoric was made when Late Prime minister Rajiv Gandhi introduced computers in India in the mid-eighties, when Dr Manmohan Singh introduced major economic reforms in 1991 as finance minister and when India signed the WTO agreement in 1995. Some of the arguments are frivolous and put forward by those who do not understand economics. For example, the arguments against earning profit by MNCs. It is hard to understand how earning lawful profits can be wrong? The second argument that they will send this money back to their parent company is again not based on common sense. Firms after earning profits will try to invest the same in places where they expect to get maximum returns. It means instead of investing in the market where the returns are less, they will invest in the market where the possibility of earnings are more, that is, a growing economy like India. It means they will reinvest the profits earned here. This is precisely what companies are doing so far in India.
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Shennu said: (Fri, Jan 4, 2013 05:42:13 PM)

We engage million of uneducated and semi- educated people at various stages of retail business spread across towns and cities but we are afraid that Walmart will only engage smart and educated workforce in small strength. Comparatively.
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Suriyapriya said: (Fri, Jan 4, 2013 03:57:31 PM)

I think the FDI in retail sector is bad for India. Because in early days the occupy our country. People try and from that moment it take lot of years. This FDI was bad and it came to India once again we need mutiny.
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V Kamesh said: (Fri, Jan 4, 2013 08:34:48 AM)

FDI is good for India There are several merits and demerits of FDI. In my opinion Government should make sure that small scale industries and domestic retailers must compete with FDI. After LPG 1991 era Indian companies tried their level best to compete, even merged with foreign companies. However Government And RBI will frame policies to maintain equality besides this main focus will be on upon development of Indian retailers and firms. Hope FDI will bring new opportunities in our country.
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Ashutosh Tripathi said: (Thu, Jan 3, 2013 09:12:36 PM)

FDI is some what like a mystery to all which have different opinions with different minds. Like BJP says its bad and UPA says its good and public says the both. In my perspective FDI is good as well as become bad if not operated properly by the Indian government. If operated properly then definitely its beneficial to our people like its going to benefit the farmers a lot because a middle person used to bring there stuff to the market will be removed. Second thing is the need of India now days its economy, so if foreign investment is going to be made directly in India then definitely it will make the rupee strong as compare to the dollar. The another benefit is employment so over 40 lakh jobs will be created if FDI is allowed at the post of Quality and audit controller etc. So in short yes FDI is going to be beneficial but if operated properly without any scams and with right men money at right place. Thank you.
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Serin said: (Thu, Jan 3, 2013 02:50:56 PM)

From my point of view, I shall suggest that FDI has both good as well as bad effects on retailers. But recently there has been many oppose for setting up this. Let me ask you, why can't we allow foreign direct investment? India is still DEVELOPING country and when some big investors such as Walmart invest on us, why cat we accept it?. It marks an identity for our nation. I agree that we Indians can set up similar more companies like Walmart. We have the money power to do it. But has it created any identity?. Lets try bringing up India forward. At the same time I totally do not encourage FDI. But with efficient government handling with some limitation policies they can set up. I think that will be a good idea! Thank you!
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Neha said: (Tue, Jan 1, 2013 02:07:19 PM)

Yes I agree with the topic, FDI will be good for India, but when govt. Used it properly. FDI bring the new technology in India, which will be very beneficial in country growth, it will lessen the supply chain of product from farmer to consumer.

In my point of view, it will not affect the small retailer, because they maintain the relations with their costumers which will be not done by the Walmart, small retailers also give the whole month ration to their consumers on the credit. 51% FDI in multibrand retail will improve the infrastructure of the country. But govt should ensure that the foreign companies take all the raw material from India and not from outside.
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Keshaw Kumar Sahu said: (Sun, Dec 30, 2012 07:50:27 PM)

Hello Friends, As we know that the Quoin have two side the same thing is also there FDI have there own advantage and disadvantage. First I want to focus on Advantages of FDI when its came to India:. 1. The consumers are got product on very cheaper price. 2. Quality of Product will be increases. 3. Consumer have lot of choice on very low cost. 4. Our supply chain will increases because farmer direct sell there product to the whole sell there is no intimidatory in between. 5. Wastage of goods can be reduced. 6. India Technology will be increase. 7. Demand of real estate will increase because they need to big space and whole sell store. 8. FDI promise that they buy 50% of product from the India. 9. FDI said they provide 10 million jobs in next 3 year. 10. India revenue will increase.

Disadvantage of FDI: 1. It is direct effect to the small retailer. There demand will decrease. 2. They take money India to there own country.
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Santhosh said: (Sun, Dec 30, 2012 11:08:15 AM)

Hello friends:

I would like to share my views regarding FDI. There are some advantages and disadvantages regarding FDI. Advantages: 1. The customer can get bill on every purchase which reduces tax evasion. 2. FDI will provide employment to the youth at the sales side. 3. FDI will bring some new technology to the country that leads to growth of our country. Disadvantages: 1. Affect the domestic retail firms, which can no way compete with the FDI. 2. The middlemen will get eliminated by allowing FDI. 3. There will be no bargaining of products.
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Rohit Singh said: (Sun, Dec 30, 2012 01:24:14 AM)

Hello everyone, FDI in retail sector of India has both advantages and disadvantages. The Advantages are that. 1) By adopting FDI policy a lot of people who searching here and their for jobs can get an opportunity. Due to this it will reduce our unemployment section. 2) with d help of FDI common people or farmers are directly benefited by it by selling their goods directly to the Retailer at good some amount. 3) value of rupees in global sector increases. Disadvantages:. 1) major disadvantage is that it will directly affects small scale industries. 2) May be after 20 to 30 years similar situation will occur just like what east India company has done previously. They will set up there monopoly and sell d goods at that rate at what they wants. 3) There will be no bargaining in there product. As they fixed The prices according to their choices. So according to me adopting FDI is a good option but government have to pay full attention on them so that they will not setup their monopoly and also the prices of goods should be fixed by the government that you have to sell your goods below this price only. And the tax which they will Give to the government will Directly given to the small scale industries people so that equality is maintained. Thank you.

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Chinam Abhishek Patra said: (Tue, Dec 25, 2012 07:48:32 PM)

Hello, Any thing for that matter has to be viewed and decided upon holistically. What I mean by saying that is, we need to consider the PROS & CONS of allowing FDI to enter our country. Pluses: 1. Will provide us FOREX in the form of Initial Capital Outlay. 2. Corporate taxes. 3. Huge Employment Generation. Minuses: 1. Affect the Domestic Retail firms, which can no way COMPETE with the mighty FDI. 2. May in along run lead to Monopoly. 3. Repatriation of Profit. To maximize the Pluses and counter the Minuses, the Government should enter into Agreement with the FDI Companies to give effect the following:. A. The Small Scale Domestic Retail firm within the vicinity of the FDI Retail Stores should be provided employment opportunities by FDIs. B. A certain percentage of Profits generated to be used for further investment in India. C. No type of Monopoly to be allowed. In this way we can counter the ill effects of FDI. Thanks.
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Karan said: (Tue, Dec 25, 2012 12:03:15 AM)

Hello friends. Some of my fellow mates have thrown light on the significance of issues like threat to small scale domestic players and MNCs like WalMart taking over our nation like East India Company in the long run. I appreciate their concern but I beg to differ. The government has taken all precautionary measures that will control FDI. (1) They have made it mandatory for foreign players to buy at least 50% of the raw material from India.

(2) It shall create humongous employment opportunities from the farm end, to the transportation end, to the cold storage end, and finally employ youth at the sales end. (3) Don't forget what a pleasurable experience it would be for us, as consumers, to shop for products in comfortable mall-like environments. All these facts lead me to conclude that FDI should be given a green signal by India. Thank You.
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Harshwardhan Gawande said: (Mon, Dec 24, 2012 12:52:59 AM)

My friend your opinion is right we have to consider that it will lead to the monopoly. I would like to recall history when British entered in India and on the way of settling in India at that time firstly they provide the copy free to Indian after 1 to 2 year Indian got addicted of the coffee and then British start selling it and earn money so we have to consider this thing. Also the intermediate people in this chain will not survive because they will not have their work though our government is saying that they will provide job to the intermediate people but I don't think its possible I think it will lead to any other scam so I think FDI should be ban.
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Ravi Chauhan said: (Sun, Dec 23, 2012 06:03:11 PM)

Hello friends: I would like to contribute my views regarding FDI in front of you all. Brings of FDI in India having positive as well as negative aspects as well. First of all i would like to show some positive aspects: 1. FDI will bring some new technology in our country that leads to growth of our country. 2. We will get bill on each purchase of product which reduces tax evasion. 3. Middlemen will get eliminate from the market. 4. Farmers are able to sell directly to these retailers and hence get good rates. Negative aspects: 1. Later on, due to their huge investment in retail they are able to make their rivals eliminate from the market and they are able to establish their monopoly. Sometimes they became so powerful that they can threat the sovereignty of a country. 2. There will be no bargaining on the products customers will get product on the same rate. So, if our country allows the FDI so government has to make such policies to protect the domestic retailers like: 1. Government can set the limit of the price that they cannot sell below this rate. 2. Government should provide tax benefits to the domestic retailer so that they will get encouraged to sell and able to survive in the longrun. 3. It should impose more taxes on the earning of Wallmart.

There is one major point which government should focus is that think about those middlemen who get eliminated from the coming of FDI and provide them new work so that they are able to earn their living and country will able to protect them from unemployment. If the government use proper strategy so they will able to get benefit from the FDI and it will enhance the development of our country.
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Shubham said: (Sun, Dec 23, 2012 12:51:26 AM)

Let me share some points with you friends. I think FDI is beneficial for our country. Some feels that FDI will rule us in feature but if we apply proper rules and acts I don't think so they will affect us. FDI is like gold coin for us. Many developed countries had taken help of others during their developing stage and now are at the top. The most important thing is that they are going to bring new technology. We are not lacking in getting knowledge about new technology but we are hardly lacking in there implementation. It will help small scale local industries because they can also adopt new technology and can be a primary source for them. Many of our large scale industries can adopt new technology in better way and can stand head to head with foreign companies.
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Prabhakar said: (Sat, Dec 22, 2012 12:08:54 PM)

Hey friends I think FDI is an hot topic for group discussion. I have read all of your opinions for and against FDI... I think you guys should see the documentary named Zeitgeist Addendum before you give further comment on fdi. You will come to know the actual moto behind these American companies like WALMART on foreign direct investment. ***** If possible please watch the documentary [ZEITGEIST].
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Naren said: (Sat, Dec 22, 2012 09:46:20 AM)

This will bring modern technology to the country. Improve rural infrastructure. It would help build infrastructure and create a competitive market. Reduce wastage of agricultural produce. Enable our farmers to get better prices for their crops. Consumers will get commodities of daily use at reduced prices. Biggest beneficiary of this would be small farmers, who would be able to improve productivity and realize higher remuneration by selling directly to large organized players and shorten the chain from farm to consumers. Government too stands to gain by this move through more transparent and accountable monitoring of goods and supply chain management systems. It can expect to receive an additional US$ 25-30 billion by way of taxes. Opening of retail can be seen as a solution for food inflation, which has been confounding policy-makers. FDI in retail would help in building much needed back end infrastructure. Additionally, he said, investments in cold storage chain infrastructure would reduce loss of agricultural produce and provide more options to farmers.
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Sachin said: (Fri, Dec 21, 2012 09:52:36 PM)

According to me, Yes I do think FDI in retail sector is good for India. Because a nation like India with very huge population, have many unemployed people. Globalization has increased the competitiveness among the mass, and companies like wallmart and various other companies give employment to such people. Thought the Economy of the country is carried away by the multinational companies, it gives a great sigh of relief for the huge mass. Government should look forward to invest money in areas where the profit is to the country and people are employed as well.
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Randhir said: (Fri, Dec 21, 2012 12:22:47 PM)

All of us need to realize that there is always 2 sides of the coin. What one needs to evaluate is the benefit Vs Loss and to my mind, in long run FDI in retail will definitely boost the economy, generate employment and help India move in the value chain when it comes to being Developed Vs Developing country.

Personally, I believe, this is a good move by the government and everyone should support this.
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B Praveen Kumar said: (Wed, Dec 19, 2012 11:43:39 PM)

Whether we agree FDI should be allowed or should not be allowed in the country. If it is to be allowed I don't thing we understand what kind of regulatory framework is to be formed to control the FDI. As it FDI in retail or any other sector would expose the Indian currency to outside market and our value of money in the international market may decrease. In this context government should take a overall decision where can the FDI be allowed, which can be beneficial to the country to uplift the poor by providing a helping hand and sustaining the economy.
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Shabna Vidhya said: (Wed, Dec 19, 2012 01:13:11 PM)

Hi friends, I think there are some hearts to listen me. I strongly oppose to FDI, because we already lost our country by leaving other countries to enter into our India, again we should not leave our mother country. Indians are having good skill. Indians are worth to set up Indian companies similar to Walmart. Even new technologies can be brought by us people also. I too agree that it creates huge employment opportunities, but we will be depending upon those MNC. FDI will ruin the small scale industries. If they started growing, they may fix their own price thinking they are monopoly in market. We already have some companies in India similar to them. Like TATA, RELIANCE then why can't we expect such like companies in our future. Many are saying through FDI, we are able to purchase the good in cheaper price, with good quality. Why our Indians can't built a company which sells them in cheaper price with good quality. Don't we have any care our mother land and our people, now through FDI people may see some benefits and but will not good for us and for our country in our future. So I request all youths not to support FDI.
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Niranjan said: (Wed, Dec 19, 2012 05:55:19 AM)

Looking at the weakening of the rupee against the dollar the only solution that we can think of is "how do we increase the inflow of foreign currency?", And the only solution that we can think of which can be implemented in a limited time span is FDI.

I believe FDI is needed in a lot of sectors including retail but I strongly think that FDI investors should be regulated by the government. If FDI is allowed to grow unchecked there is a possibility that they may choke the local players which is bad news for the small scale entrepreneur. Also along with being stringent the regulations should be slightly lenient so as to attract Foreign investors. As of today FDI is the only option that I see is feasible to strengthen the rupee.
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Chinnathambi said: (Tue, Dec 18, 2012 12:44:24 PM)

Yes I thing FDI is needs for our country because it will help to improve our country growth. But, This FDI only used for rich people in our country. This FDI is not used for poor people in our country, In our country poor people under the 45% people is there, Remaining 40% people they are middle class people. Remaining 20% people living city side. This FDI it will use only based on city side peoples, What about others. In village side peoples most of people no aware about the FDI and then that things. It is difficult to use the village peoples.
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Vimod said: (Mon, Dec 17, 2012 06:56:26 PM)

FDI is just the mirror of falling Indian trading and administrative system. It is good in present scenario, but could proved ill in long term for the nation. I support FDI in infrastructure, services and less in retail. India a huge consumer and thus very attractive place for trading of its loose foreign trading policy. Use nations for bringing technology and stable system with culture in India, but control should be in our hand.
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Twinkle said: (Mon, Dec 17, 2012 01:31:24 PM)

Let me also be a part of it. Surely it has some benefits we are able to see now without thinking about future. These multinational companies will slowly take over control Indian market, just looking into their profit so I strongly oppose FDI. Small scale industries will be ruined greatly thereby affecting INDIA in long run. Cant we be self dependent, why to give control of our country to other. Will be analogous to east India company in near future with a little difference former they took control over India by fighting now we ourselves are giving our control to foreign countries. Crores of rupees from public money will be invested to setup Walmart in India. I think we INDIAN citizens are worth to setup Indian companies similar to Walmart.
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Dinesh said: (Mon, Dec 17, 2012 01:04:07 AM)

Hi friends, Everybody is talking about increase in the employment in India but consider some facts about Walmart & Indian retail industry. Walmart's total revenue aprx US$ 425 bn. Total no of employees 214/store for 10000 store. India's retail sector aprx US$ 450 bn. Total no of employees or dependent on it 1.2 bn people. So both are having nearly same revenue but the employment ratio is so different as. Walmart gaining same revenue with only some percent of people how FDI will increase the job opportunities in India. Also there are no stringent rules in India like china. So it will not help for Indian people. Thank you.
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Devender Kumar said: (Sun, Dec 16, 2012 06:12:35 PM)

HELLO FRIENDS, I think that FDI in retail sector is good for India. As India economy is increasing by 8% every year. Indian retail sector sector is expanding day by day, it is making profit day by day. FDI will increase job opportunities for unemployed people in India. FDI will give jobs to 10 million people in India. Also it will greatly help farmers as there is no middle man swiping. Farmers can directly sell their goods to retail shoppers. Hoarding, black marketing is also reduced drastically.
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Ashish said: (Sat, Dec 15, 2012 11:45:59 PM)

Yes I think that FDI in retail sector is good for India because of following reasons: (1) FDI in retail create 10 million jobs in next 10 years this will reduce our country Unemployment rate to. (2) Every year we had lost 50000 crore rupee on perishable goods due to lack of cold storage facility. AS FDI come in retail market we have solve these problem. (3) As FDI come in retail sector they bring latest technology, cold storage facility etc. This will improving goods and services, effective and efficient supply chain management too. (4) Government revenue also increase because they have maintain there proper a/c. (5) And most important think to remember of government Polices regarding FDI. If FDI come they invest at least $ 100 million dollar out of which they purchase 30% raw materials, goods etc from our small scale industry. So this will also help for SSI sector also. (6) Farmers realized higher price because they direct sales there goods to FDI. With the help of FDI they also use better technology to increase there production.
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Vikas said: (Fri, Dec 14, 2012 05:02:13 PM)

Establishing a new thing like FDI has its own pros and cons. On pros side we have greater employment opportunity, swiping of middle-man so less chance of corruption, improved society standard, better quality and quantity of products, less wastage of foods and raw-materials as improved infrastructure and storage capacity, better availability of products, reliable price for farmers and consumers, so overall strengthen economy as recorded sales. But coming on cons we have greater risk of swiping of 105 crore small and medium enterprises dependents, who is gonna give them employment, as they will not fit on to their educational standards. Also there is a reasonable possibility that market might face monopolistic situations where players like Walmart would lead the race and controlling prices might go out of hand. In my opinion instead of allowing FDI in to retail market, government should take steps to ensure that there is an effective and efficient supply chain management of retail products in the place like proper market, storage, distribution facility of produces, so that farmers could get there due credit in terms of prices.
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Lovely Kumari said: (Fri, Dec 14, 2012 08:19:48 AM)

In our country more than 50% of our population is depended on agriculture, FDI is directly beneficial for our farmers because on one hand they would be able to sell their products directly to big companies so they get high return on the other hand FDI will equipped these farmers with modern technology, high yielding seeds, new and effective methods of farming

which will increase their productivity. Next small shopkeepers need not to worry because these are day fillers so even if FDI will be allowed, people will not go to big malls for one or two items fer day filler they still depend on their faithful shopkeeper. Third consumer will be on great high because they get materials at low price with good quality and they have a lot many choices plus they will get on door service which will save their time. Fourth India's leading problem which is youth unemployment will get solved as FDI will create about lakhs of different level job. So, FDI is positively beneficial for Indians.
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Mahendra said: (Thu, Dec 13, 2012 01:05:40 AM)

As topic says FDI (foreign direct investment) in retail sector is good for India, India is going to improve its economy with it, Employment opportunities are here. FDI in retail will create better infrastructure in terms of warehouses and retail shops, in my point of view it is very beneficial for a developing country like India. It will increase the revenue of our country.
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Vicky said: (Wed, Dec 12, 2012 11:34:45 PM)

Hello friends, As I experienced that most of the developed country rely n other country for having best quality of item for their market, these country tries to import the product in which they feel that it will cost more if they will prepare that product in their own country. On the other hand it will provide. . . . . . More jobs for salesman. Latest product. At competitive price. If that particular company faces loss that will not going to affect our country. More quantity and quality for consumers.

So it is as good as less investment more profit.

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Varun Panwar said: (Wed, Dec 12, 2012 03:26:25 PM)

Hi guys let me be part of it. For inviting the retail company like Walmart in India, Indian govt need to invest thousand of crores to let them in India, the govt will only use the public money for such investment. We hardly bother about our takes that we are paying to govt and how govt is misusing this, For instance govt has invested 1000 crore of public fund inviting Walmart, what when Walmart fail all the govt investment goes to ashes, instead of govt I will suggest private

branded firms would invest money if they are really looking it as a business, and I believe private firms could handle situations in better way as govt always fails. Secondly FDI is always preferred by the developed countries to increase their productivity not by developing countries, our politicians political bill is limited to get money only and nothing else, so FDI is not good for the time being, India again retain its credibility and stood on his foot, then FDI is good else its just solace to support.
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Naveenkumar.N said: (Wed, Dec 12, 2012 02:33:59 PM)

Hi Friends, First we need to welcome FDI (Foreign Direct investment) In retail India. It will create jobs Improve tech GDP level. Slowly small scale concerns will shut down & Market will captured by Foreign products. Farmers directly sale crops to consumers or FDI factories they will survive by the Middle man. Product will available with Good quality and price. India Put some condition to FDI is First stop the Import Raw material From Foreign. Service industries will Grow up & it will help to other commercial market. But except some, all the jobs like Liner level (Sales boy's & girls, Driver, Security) Ext.
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Rama Chandra Babu said: (Mon, Dec 10, 2012 11:11:32 PM)

Hello Friends, I would like to add some points. * Government says by introducing FDI employment is created and this point can be accepted because creating employment in the country makes to improve the living standards of the people. * Government says our economic conditions will be improved in one area FDI is creating the jobs and in the other hand small scale industries lose their opportunity to sell their goods. * How ever this can be countered by Quality of the good will be increased. * By 2014 it is accepted Indian retail market value is 70 lakhs crores by seeing this figure it is obvious that small scale industries are going to lose much in this. * Monopoly over the markets by big stores like WALL MART etc may exist but to control this I a great task and this can be controlled by taking similar steps of china.

Finally I want to say. FDI in retail sector is good for India. If proper steps are taken by government for example ban on import of raw material by FDI and making necessary laws to purchase the. Raw material from local people, farmers.
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Pradip Kumar Naik said: (Mon, Dec 10, 2012 03:08:52 PM)

Well I have read all thing about FDI, which are sited in this page. So many of my friends sited good thing about FDI. But according to me, FDI in retail may be profitable for country while regarding these things. 1. 2. 3. 4. More job creation. Middle man reduction. Reduction of commodity price. Injection of new technology.

In long run, it may be the big cause of our destruction. When these foreign retail industry enter in our county, they will sale their product cheap rate as far as possible to capture the market. As a result Indian made market product will loose their values as a result small scale industries may shut down their businesses. Slowly but gradually we will be more prefer foreign product as it will cheap and latest. A time may be seen where we will be completely depend on foreign product. We will not be self-reliant. Our development will depend on foreign investment. It will badly affect our economy and development. There will be absence of middle man in agricultural. But if foreign investor work like a monopolist way. There will be increase in job opportunity in retail. What it means, except some all employees will be sales boys and sales girls. From these things, I want to know you that, India is going to be a dependent county. China also accepted FDI in retail but they had made some favorable condition for country while giving permission to FDI. But India has not apply any condition while giving permission to FDI in retail.
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Sonu said: (Mon, Dec 10, 2012 11:06:39 AM)

I appreciate all my friends point of view and I would like to add some points that FDI should be supported in India as because it'll help to remove unemployment as well as corruption. As in India the employment opportunity is decreasing day by day due to constant increase in population so FDI should implement in India to increase our GDP rate and it'll also help to make friendly relations with our foreign nations. Thank you all !
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Akshay Kasana said: (Sun, Dec 9, 2012 10:45:31 PM)

Hello friends, I think that fdi in retail is good for INDIA because it will boost our country's economic growth, create more opportunities and competition among mass. Our country is a developing country and allowing FDI in retail is a good chance to improve our nation's growth. FDI will bring modern technology, standard quality products, reduce wastage and produce products at low prices. Farmers will be able to sell their crops directly to producers and will get large benefits in return. It will also improve our country's infrastructure. Therefore I think that FDI should be allowed in INDIA to speed up our nation's development.
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Niharika Sunkaraneni said: (Sun, Dec 9, 2012 08:00:58 PM)

Every thing will have its own advantages as well as disadvantages. Foreign Direct Investment (FDI) on one hand is a boon to our country and on other hand it is a curse too. FDI is going to save the farmers by collecting their crops at a reasonable amount and storing them in the go downs, so that they can sell at the reasonable amount throughout the year to the consumers which reduces the fluctuation in the prices. On the other hand it is going to construct the shopping malls like Walmart etc. In the cities and going to import the foreign goods and sell them in the malls which reduces the demand for desi products and brands, being a big loss to the Indian industries. So it has both advantages and disadvantages too.
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Asha said: (Sat, Dec 8, 2012 08:29:35 PM)

Although FDI is important, which says farmers would be able to sell directly to large retailers but there is no guarantee that the intermediaries would stop plying. A new form of middlemen may arise. As far as employment is considered, say the case of Walmart is not a good employer. The host country will have to pay huge technology fee. Imports will increase. There would be dominance of developed nations.
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Richa Sachdeva said: (Sat, Dec 8, 2012 08:10:23 PM)

Yes I think FDI in retail sector is god step taken by the government for growth and

development of India. This will provide employment opportunity also increases the rate of service sector in Total GDP. Also it will increase standard of living in India as well as per capita income of an individual. I think its a great step of government Towards development.
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Sonia said: (Sat, Dec 8, 2012 01:47:42 PM)

FDI has become hot news in INDIA. Whichever news channel we switch on to we hear about fdi these days. What is FDI? FDI (foreign direct investment) is the investment made in production or business in a country by a company of another country. If FDI comes in India what would be the result? The result would be that there would be vast changes in the technology i.e. sophisticated technology will be used in production process. Farmers would be more beneficial because there would be no middle men as their products will be directly purchased by the MNC companies. Employment rate would increase. As the companies look on to developing the production process it requires some additional methodologies to implement for which they may recruit more number of people. India may be called as a developed country within a short span of time. The above mentioned are the pros of FDI. But as we citizens of India can't we do all those things on our own. Don't we have the capability of improving the technology in our own country when some of our highly educates are working in abroad and utilizing their knowledge and skills for some others country development. And the main thing should be kept in mind is that without anyone's profit why one will show interest in developing others. Now they may develop, but in future mnc will rule the entire market and all the decisions will be taken by them. It's my kind request to the government that it should take the right decision after having a correct research over it.
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Rinkel said: (Fri, Dec 7, 2012 11:42:58 PM)

Hello! friends.

The question is. Is FDI in retail sector is good or bad? I think it is good, Because due to FDI. 1. This will bring modern technology to the country. 2. Improve rural infrastructure. It would help build infrastructure and create a competitive market. 3. Reduce wastage of agricultural produce. 4. Enable our farmers to get better prices for their crops. 5. Consumers will get commodities of daily use at reduced prices. 6. Biggest beneficiary of this would be small farmers, who would be able to improve productivity and realize higher remuneration by selling directly to large organized players and shorten the chain from farm to consumers. 7. Government too stands to gain by this move through more transparent and accountable monitoring of goods and supply chain management systems. It can expect to receive an additional US$ 25-30 billion by way of taxes. 8. Opening of retail can be seen as a solution for food inflation, which has been confounding policy-makers. FDI in retail would help in building much needed back end infrastructure. Additionally, he said, investments in cold storage chain infrastructure would reduce loss of agricultural produce and provide more options to farmers. So FDI in retail sector is good for us.
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Ranjithbabu said: (Thu, Dec 6, 2012 10:23:42 PM)

Friends. We got the opportunity being global through the FDI. We should upgrade our industry into world class level. So it is our duty to to global one. The main gain should be earned by the agriculture sector by avoiding the middlemen when the MNC's are directly approach farmers. We will get the opportunity to see what actually the business by viewing others. Let me summing up that with the strong support of govt as policies we can gain more from FDI thank you.
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Rohit Singh said: (Thu, Dec 6, 2012 05:18:40 PM)

I think you people have given all the positive as well as negative aspect of FDI. But as of now it has been passed in LOK SABHA also so it's a Requisites to elaborate it FDI has its pros and cons but one thing is very obvious that is it's going to reform our country economic growth as well as GDP as we are now sustain 10th rank in terms of GDP if we would compare our country to those country which are developed then we will find U.S.A at top in FDI n in GDP too (16 BILLION US $) similarly in china at second in FDI and in GDP too it's second (7 BILLION US $). As per as protest is concern in Parliament it's all about politics nothing else. This is only concern in term of advantage of FDI. Other's advantage I think you can find as per above comment. Thanks.
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Ribhu Tiwari said: (Thu, Dec 6, 2012 04:26:33 PM)

Hello! Everyone. Now it become a question for everyone that Should FDI be allowed in India or not? As you all well known about the fact of FDI, well I m in side of supporting queue list of FDI. And Personally I think this one would be one of the best decision have ever made by central government by this year, they all in a favor of FDI because all they know behind the fact of FDI. This one not only a question for farmer but also now it will become a question for everyone exist in India who are unemployee and seeking job or either working for FDI related MNC's. Somewhere market related to FDI king of company brings a lot hope for normal living people who has just to desire live life happily. Now we are moving in an era where India has a own self strength power even its in a defense or either computerization or either education stream. Along side also we have a some loose points that has to be removed for making it Better. More competition will arrange a more opportunities for us to become better and than best. Already there is so many colleagues put their thoughts into this matter. And at last only I would say once government should ask personally to normal people. They will get their Answer back. Unlikely to be said the fact that why opposition not trying to understand the things. Thank you all.
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Rish said: (Thu, Dec 6, 2012 10:17:30 AM)

Hello friends, I think FDI in Retail may be bad for us.

I try to extract more info about FDI advantage and disadvantage. I agree with most of people who said FDI in retail should not allow in India. OK, it has no problem if we not allow FDI in retail but at this time inflation increase continuously and we have not any strong weapon to stop it (other then FDI) and this time to take stand. Everything has some positive and negative. If we think practically FDI in retail is more beneficial for us.
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Abhay Kumar_Itm Ifm said: (Thu, Dec 6, 2012 01:31:28 AM)

As per going through whole discussion, I would like to put some of my points. Yes coming of FDI will be beneficial to the customer along with growth of the country will also be there. But what about the middle class and farmers. India being an agriculture country, where more than 40-50% are involved in agriculture business will be effected with the entrance of FDI. Walmart had seen getting losses since 2008 and India being a developing country, which is struggling in making the economy of itself good. Now someone please tell me how struggling country will help another struggling retail chain to improve the current scenario. Rather than this one should look for the internal affairs. Should work on corruption, inflation and the country will arise and improve.
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Jitendra Kumar said: (Wed, Dec 5, 2012 10:02:41 PM)

It is clear that FDI brings a huge opportunities of jobs and chances of employments. It is not harmful for farmers also because after the implements of FDI in retail farmer will find very useful product and seeds for more growing fields. That you know today when we are using computer and other facilities after using of FDI effects.
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Rizvi said: (Wed, Dec 5, 2012 12:31:01 PM)

Hi Friends. I'm new in this forum. Now a days FDI is very interesting topic for GD. I would like to stick that FDI in retail is very important. Because it will creates opportunities, bring foreign currency for India. Which is definitely used in different sector in this way it will provide jobs. Above most of the friends told that it will make impact on middle class family, business and farmers. I don't think so because this is compulsory for the investor to buy 30% of domestic product. I can give the example of Pepsi co in West Bengal where farmers get Rs 3 for selling 1 kg Potato in domestic market but now Pepsi co is giving Rs. 7 for 1 kg. I respect most of the statement.

I would like to say that store will be open where the population is 1 million. So, it is not going to effect domestic market also. In India where the storage system is not good due to this most of the food grains become spoiled. FDI is not only means to calling foreign investor. It helps some extent like it will reduce corruption, It will increase the competition by this way manufacturer will give quality. India is able to produce more than 400 b food grains but only 145 b food grains are sufficient due lack of storage capacity we are loosing rest. So, we can easily sell to the outer country.
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Jyoti... said: (Wed, Dec 5, 2012 12:09:22 AM)

Hello everyone, before proceeding further or coming to conclusion, I want you guys give your views on some points. As all of you have given important insights, pros & cons about "FDIwhether is good for India ?" I want to drive all of your attention into the facts and figures on following points: 1. If we say FDI is good in India. It will create good employment, Technology, less corruption, I totally agree with this points, but still before coming to the conclusion that its good, we should compare the impact of pros with the cons FDI having. If in this comparison pros gets and upper hand over cons. The it will surely beneficial to all and people will be ready to accept this benefits with few cons. Also want to make one more point, some time back one of my friend from that corner said that it will be beneficial to farmers as middle man will be avoided, but considering overall population 70 % of population of India stays in villages, and since if middle man get avoided, it will be beneficial to 70 % of population but at the same time, what if farmer is not able to produce crop of good quality due to natural calamity. Which the utmost requirement of MNC's, it will simply ignore those farmers, which is definitely no one from us expect. So thinking on this two critical points, and valuing all of your opinions, I would like to conclude this discussion with the statement that FDI is good for India, inevitably with some negative things which can be filtered out partially or fully if we insert proper control process at the required level, having government stakes into the FDI. Hope all of you agree with me on this view. Thanks all of you.
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Chris said: (Tue, Dec 4, 2012 04:36:58 PM)

FDI in retail is a good move by the central government which have been facing criticism for a long time for its policy paralysis. It has got both pros and cons. Pros: 1. More employment: FDI can ensure upto 10 million job opportunities which will be like 'manna from heaven' for the Indian educated youth. 2. Support for farmers: As the implementation of FDI is expected to wipe out the middle men the benefit will go to farmers. They will get better price for their products.

3. Modernization of storage facilities: The present storage facilities of food grains and vegetables are grossly inadequate for preserving the agricultural output. FDI giants can provide better technology which can reduce the wastage of farm output to a remarkable level. 4. Economic Growth: FDI will enrich foreign exchange reserve of India. 5. Satisfied Consumer: Foreign companies ensure quality products and quality services over domestic players making the consumers happy. Cons: 1. Wiping out of small marginal retailers: influx of FDI will definitely hamper the interests of small domestic retailers. Even though it will take a long time span as FDI is allowed to penetrate slowly. 2. Profit for foreigners: Nobody will invest without vested interests same for FDI. Foreign companies like Walmart will make it sure that they are getting enough profits from Indian markets. 3. Might lead to monopoly: In a long run this decision might make foreign company a stronghold and decision maker in Indian market causing trouble for consumers, farmers and government. So if we are looking for fast solution for the economic problems of our country then we can go for FDI, or else we want a stable economy in the long run better go for importing foreign technology and integrate it with organised domestic retail industry which will serve the interests of every section of people.
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Tapan Kumar Behera said: (Mon, Dec 3, 2012 09:54:08 PM)

According to me FDI is not good for India because It may be play the role of East India Coy in future. In a terms of Hindi idioms a blind person has missed his stick in a life for one time only. Secondly if we are not able to do something for our country how the FDI will do. We are not a poor country we are developing country and we have to try to do something different for us. The many companies are in India like TATA, Birla, Reliance etc are playing most role in world basis but instead of these company why we needs others. When we think about FDI why we forgot about 105 core people who are depended on small business as like door to door vendor. And they are not well educated so the FDI will not be employed them on their shop. So either those people became beggar or done suite. So FDI not need to implement in India. We can sleep a night without having dinner but not depend on other.
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Sugandha said: (Mon, Dec 3, 2012 12:09:05 PM)

Every thing has some positive and some negative points. So it has also. When we see its positive impacts then we can say it will create employment, will give good technology to us we can use, good infrastructure, proper utilization of raw material, less chances of corruption, beneficial to customers, farmers and so others. But what about the profit they will make and the money of ours will go outside our country. Foreign investors are nothing to do with our welfare. They are only concerned with their benefit. These foreign giants are so big that they can bear huge losses till their competitors are wiped out. I am not saying that all local retailers will be wiped out but there will be much effect on them. They invest less money in our country but their profit is more than 10 times and this profit goes out of our country. If this profit remains in our country then it can be of much benefit to our country. When we talk of technology. Employment generation. We should be capable enough to do it on our own. Not to depend on others. The main cause behind our backwardness is not lack of anything but corruption, inflation. First of all we should solve our internal matters. Instead of depending on others to develop us. When we can't develop us how can we expect others to come and develop us. It will be just a beginning of another slavery to others.
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Rajesh Kumar Sahu said: (Sun, Dec 2, 2012 09:40:41 PM)

Dear friend. I agree to this point that FDI is very necessary for our country because Indian rupees's value is going to down against dollar. If foreign money comes in India it will do strong Indian rupee against dollar. New job also will orient. Farmer will get benefit for their product and most of farmer product also will not spoiled.
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Varunjot Singh said: (Sun, Dec 2, 2012 12:44:03 PM)

No I Don't think FDI in retail sector Is good for India. Why You people not think about middle class and lower class family and why you forgot about small scale industry or small scale business man what they do if FDI Coming in India. You people say lack of unemployment will be finish but other side what the small scale business people do after coming the FDI in India. First of all you people or Indian govt think about middle class family and lower class if you got the solution then you think about the FDI.
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Ankita said: (Sun, Dec 2, 2012 10:05:11 AM)

I don't think FDI in retail will be good for India in terms of the benefit that it promises to bring to the farmers and the much talked about storage facility. Firstly, a lot has been said about the farmers getting better prices with FDI coming in. People

here have a notion that FDI would eliminate middlemen, however think of it in this way; there would a quality controller, standardization, certification agency, processing center, packaging consultants and what not. These members here would be walking away with a lot of profits too. Secondly, FDI in retail is said to bring good storage facility, however FDI in storage is already allowed. The fact that nothing in that area has really done good to India leaves us a lot to ponder on. Now, Indian retail market is around $400 billion employing over 40 million in the industry whereas Walmart revenue is around $420 billion and it employs 2.5 million people. The fact stated, it tells us a lot about how the actual scenario. The only problem will of government withdrawing its decision on FDI will be the investor sentiments as FDI's don't trust INDIA (government has gone back and changed its decision in the past) anymore and negative investor sentiments is not good for a nation.
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Ankit Sharma said: (Sat, Dec 1, 2012 10:20:26 PM)

FDI is good for INDIAN markets as the foreign investors invest their money in the form of dollars. So, alternatively the value of the rupees will increase. And also India will also gains profit from that invest as it can utilize it for further development processes.
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Anurag said: (Sat, Dec 1, 2012 12:02:25 AM)

In my opinion this FDI in retail decision is the only good decision has been taken so far by the central govt, yes it will good for our nation to implement FDI in retail. It will reduce unemployment by create more job options in many fields related to FDI. In India only 60% vegetables and fruit's is safely reach to market rest of 40% is destroy before reaching to market because of lack of cold storage in India if FDI in retail is implemented then big brands like Walmart and etc. They will provide us the facilities like cold storage so then we will be able to use our 100% agriculture when supply of any good will increased with demand it reduces inflation in our country. Farmers will get more money for their agriculture goods. Because of the interfere of middle mans will no longer when FDI in retail implemented. None of our local retailer will effect by this. Let me give you an example MACDONALD are here but the people still eating the locality burger that can be found in any street. TAJ MAHAL tea is here but you can also find so many little brands are still running on. Conclusion-: FDI in retail will give us more benefits as well as some loses too. But we should go for the more benefits and societies sake instead of particulars.
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Prashant Kumar Verma said: (Fri, Nov 30, 2012 04:02:23 PM)

I think FDI in retail sector is good for India as It would attract Foreign Money in our

developing country and there will be created new jobs. The former's will get good prices of their vegetables and crops as due to non availability of market the most of their vegetables get spoiled.
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Aditya Kaushik said: (Fri, Nov 30, 2012 02:58:15 PM)

I think FDI in retail is good for India. Even there are both pros and cons of that. How it is beneficial. 1. Foreign money will come:- If FDI comes in India then money from foreign countries will come and it will be very beneficial for economy of the country. 2. Good for farmers:- in India there is broker system so farmers are not getting the money which they should get for their products. So if FDI comes then they will directly take products from farmers and because of that they will get enough money. 3. Technology will come in :- If FDI comes then huge player like wall mart will also come into the country. So the technology they use for their work will also come and it will help our country players in the market. 4. Customers will be in profit:- if FDI comes into the picture then competition will increase so consumers will get better products and less price with better services so customers will be in profit. 5. Employment and job opportunities will increase :- If foreign players will come then obviously employment will also increase. 6. Good for countries growth :- it will very good for countries growth because money and technologies will come in country. 7. Wastage will be less :- In India a product wastage cost is almost 45 to 50 percent. So if foreign players come then competition will increase so market players have to think about cost. Then they will do something to make wastage less.
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Arun Mundra said: (Thu, Nov 29, 2012 07:28:50 PM)

No, it is not at all beneficial to our country. The reason are as follows: 1} Talking about farmer, they say it will help in getting him good price, a farmer in India has small land holdings, less than one acre per size, & his crop pattern is the not same throughout the year as also the quality which vary per season, the company which will come have very high standard of quality they will buy only the best from the farmer. Suppose a farmer has good quality in one season, MNC will buy it but about second crop which is not good enough for the quality parameters of MNC, they will simply bot buy. Where will farmer go to sell his crop? middle men will not take it since his better crop was sold to MNC & giving

him cheap will not work. So a farmer is in losing position, driving him to do suicide. 2} A farmer always has a lot of debt in his head, and middle men always help when his crop fail or if it not up to the mark desired, he will ensure he will buy the product to bail him out & help him in growing another crop. MNC won't do that they simply will forget him when his crop is not up to the mark. 3} Why do consumer need these MNC? doesn't people in Mumbai get Himachal apple which are of best quality in nature. Grapes from nashik goes all the way up to Kashmir. Doesn't our chain is efficiently working. 4} How much money people will save by MNC super chain coming. Probably 1% of whole income per month. Better utilize your head to earn more income rather than bargaining for cheap deals which will not help much. 5} The middle men ensure the right product reaches the right palace. For eg in Mumbai. You won't get a fruit which is sold in colaba (high end market) in virar which help in efficient marketing. & the middle men ensures the the crop which comes in a single lot in a single season reaches the right palace.
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Venkatraman said: (Thu, Nov 29, 2012 05:39:43 PM)

I think FDI in retail sector is good for India. Because now what we are following is "broker system" broker system means a broker purchases a product from farmer in lowest price and sell to customer at highest price. In this process only one person is benefited and he is broker or middleman between farmer and consumer. But if FDI comes then automatically broker system will banish.
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M. Saha said: (Thu, Nov 29, 2012 10:00:04 AM)

In my opinion FDI in retail sector is good for India. This kind of direct investment will bring huge benefits to the farmers as well as to the society. It will generate over 10 millions of new jobs and the consumers get varieties of goods. The farmers are exploited by the predatory pricing policy where they face many middlemen but in FDI retail farmers will face a "single window" clearance. The multi-brand retail will help to increase productivity and ensure efficient product distribution.
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Anne said: (Thu, Nov 29, 2012 01:11:30 AM)

As per the above discussion I also agree with the fact that FDI in retail sector is a good step taken by the Indian Government but too much dependence on Foreign organizations is also very harmful as on one hand it is destroying our own small scale market economy and also

the problems of recession in many foreign countries also decreases the long time success of this policy. As the organizations who themselves are on the verge of collapse and are unsuccessful of giving jobs to their people, in fact they are many people in abroad countries who are getting unemployed because of this recession period. Thus the situations of employment created by these organizations in India is also becoming a question mark? So before implementing the policy, Government should analyze both the negative and positive points. The suggestion of implementing the policy for short period can be done and also small scale economy should be encouraged to fight with this foreign competition and raise its level.
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Arun Kumar said: (Tue, Nov 27, 2012 11:38:00 PM)

In my opinion yes FDI in retail sector in INDIA is really very beneficial to our country because it will really create around 10 million jobs and it will bring technology and also solve the logistic problem that will reduce the wastage. And it will not affect the unorganized sector, small traders can also get benefited by purchasing in bulk from these stores cheaply. Farmers can also get good price by selling directly.
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Abhishek said: (Tue, Nov 27, 2012 10:39:32 PM)

I think, it is the better option for the India. Because India is the developing country. & for the FDI play the very important roll in India. It's come with the employment, opportunity, multi choice for the customer & the huge amount of investment. So I do agree with the FDI.
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Deepak Goyal said: (Tue, Nov 27, 2012 01:46:31 PM)

Dear Friends, According to me FDI should be banned in India. It is like a another East India Company in India. *I agree that it will provide employment to educated peoples but why do not you think about the uneducated peoples and small scale business in India. *How could a small or medium scale organization could compete with a world's largest retail brand WALMART.

*WALMART is able to provide the same goods and commodities in cheaper rates than any business organisation in India because they buy and produce goods in mass. E.G same as a shampoo pouch is cheaper then the bottle of shampoo. *FDI will soon takeover the complete Indian market and our economy will drowned completely.
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Bhaskar Vashisth said: (Tue, Nov 27, 2012 07:56:53 AM)

Yes I agree with FDI in retail sector in INDIA. 1. I think that the intermediate will reduced definitely so that Indian farmer can supply raw material in the market. 2. More stores will open in INDIA then it will generates more employment for young generation (skilled and unskilled). 3. Indian farmer get good price much better than local Indian market. 4. Proper utilization of raw material. 5. Less chances of corruption. 6. Good service provided to customers. 7. Black money can not covered under the taxes. 8. Proper system will formed. 9. Touch with world. 10. Aware with new foreign technology.
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Sathishraam Ravichandran said: (Mon, Nov 26, 2012 07:33:21 PM)

Yes, friends I accept that when FDI starts here I will create some employment even though I try to to think it in a different manner that when FDI starts it will create some financial problems in Indian economy. More over if these companies established as joint sector it will minimize its ill effects.
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Prateek Jain said: (Mon, Nov 26, 2012 11:28:50 AM)

FDI in retail is a very thoughtful step by Indian Government. Its been always said that in India problem is not about policies or plans, but their implementation. FDI in retail can be a ban or boon, depending on its implementation. Government has come up with a lot of

measures to protect the interest of nation with FDI in retail. But it looks like giving precaution and sending to infected area. (involvement of Wall Mart in some financial fraud is just an example) There is a need to understand the requirement and perfect solution, not the easy one. FDI in retail promises to solve a lot of issues ranging from unemployment to less wastage but there are better and secure ways to do it. Indian Policy makers are always have inclined to remedies instead of permanent medication, which has resulted in failure of some of the world's best policies. So this issue is really require a more thorough analysis and some alternative solutions can be provided like:. 1. Making unorganized Indian retail sector more organized;. 2. Instead of giving MNC's a chance, Indian private players can be encouraged to improve their existing functionality. 3. More infrastructure development on root level. Although these solution look simple but if applied properly can provide desired result.
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K.Preethi said: (Mon, Nov 26, 2012 12:12:28 AM)

The FDI should not be allowed. It is only the temporary solution for the unemployment and warehouses. Because the investment by the foreign company dominates OUR MARKET, it leads to monopoly which is very very unfavorable condition to our India. And also we know that today investments are tomorrow's profit to become a developed country in 2020 we have to accept some inflation today and let our economy grow. To solve this warehouse problem we may go for another choice i.e tie up with foreign companies so that in short or long we can make our own technology too. And also definitely it affect the SSI and farmers. Because 75% of economic rise was done by SSI alone in our country.
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Ashwani said: (Sun, Nov 25, 2012 11:18:06 PM)

Yes I do believe FDI is beneficial for India. India is not self sufficient if White money investment is taken into account. India also suffers badly in managing Retail markets. A statistical estimate says only 2 percent of India's 32 billion dollar Market is in managed form. So to more further and reach heights in the near future, We must wear the change.
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Barath said: (Sun, Nov 25, 2012 10:40:54 PM)

No FDI Is Not good for India, why most of you tell it create employment opportunity, its have only a temporary job, most of its try to stop age between 40-50. After that can't able to get new job in this field and can't earn during working period because its give only a basic salary for this we want to study 12th to degree level, and another thing all of you says it introduce new technology its wrong all technology its available here we only want implement, to avoid

black markets government directly involve and its takes directly from former's to reduce wastes to develop more new technology storage place.
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Amit said: (Sun, Nov 25, 2012 07:00:20 PM)

FDI in (single brand) retail sector is already there. Adidas, peter england, subway, Macdonald, Nike, Reebok etc. Question should be is FDI in multi brand retail is good for India? In my opinion, organized retail is the better solution than FDI in India and Govt should look for organizing the retail business not just sanctioning FDI in multi brand retail. Question comes why? See kurien model for Amul. Indian co-operative, total organized, profit making, every supplier and contributor (skilled, unskilled) have stake in the co-operative and for them infrastructure building had never been hurdle because of the utilization of the appropriate technology. Now India is enjoying the 1st rank in world milk production along with being self-sufficient. Why not FDI:. Any company be walmart or any other brand has policy implications from the Indian govt side, they need to make investment in backlink infrastructure, which is supposed to add values to farmer product by reducing the product wastage etc, but walamrt is serving in USA since decades and agri product wastage is the same as India. The concept of market hold comes in picture and also walmart is not an NGo, if they invest in infra they will count for multiple times. What these infra would do? Parle-agro, SUNHARA (collabration of bharti and walmart) are already there in Indian market. They put obligation on farmers to produce in compliance and if crop dies or they fail to meet target then heavy penalty on the farmers, even if policy really works out (which is not expected because if policy will favour farmer then walmart won't come in the market) then these guys will start adding value to the product. Example: parle agro is purchasing potato at 30rs/kg, obviously a boon for farmer but what for a common man. The bottom 80% of Indian people, will they ever purchase potato of rs 40-50per kg, answer is no. Then what happens. We see kurkure, lays and bingo products in market. And again as mentioned by one of my friend over here. The china market case. Indian consumers would also not prefer to go to walmart as they prefer relationship in any transaction (kind of nepotism) so they will prefer corner shop (debit, monthly bills etc) and walmart etc would be limited in metro cities only. Conclusion: organized retail will do far better than just FDI implementation but as govt can not go for organized retail through out the country so co-operatives need to come and if FDI

comes in picture then have an effective policy to balance retail market chaos and irregulation. Which will come as unemployment and inflation. As some friends have mentioned here the ISF data for employment generation, but we should know that un-organized retail and farming has more unskilled labour. Walmart would employ graduates (mostly unemployed in India). I think I have mentioned the inflation thing above.
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Pasad said: (Sat, Nov 24, 2012 02:06:11 AM)

Yes, I think FDI in retail is very beneficial for a country like India, where there is huge population. Firstly, It will create ample amount of job opportunities for unemployed people. Also there will be large amount business opportunity for the citizen of India, which will help their financial assistance. Secondly, Consumer will have more choice against goods, commodities, etc. Thirdly, Farmers will get wide variety of choice for Agro-products, by directly contact with retailer. So, in my point of view it is very beneficial for a developing country like India. It will increase the revenue of our country.
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Ramesh said: (Sat, Nov 24, 2012 01:51:25 AM)

No FDI would mean trying to build a building without cement. FDI can really shoot up the Indian economy and put the unemployment to a minimum. We will gate top rated products and get full value of our money's worth. We can keep a check on the malpractices of small business. And lastly there would be no seen of reservation in acquiring a job.
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Manish Pandey said: (Fri, Nov 23, 2012 07:43:11 PM)

I agree with thought that FDI should be allowed in country. India is going to improve its economy with it. Employment opportunities are here. Adulteration and black marketing by middle people will be avoided. Monopoly will not be there because there will be Indian investors in market to compete With those foreign companies like Walmart.
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Ashok said: (Fri, Nov 23, 2012 12:45:14 PM)

Yes I agree with FDI in retail sector, it is good for our country. Because of it will bring new technology for country and will give opportunity to unemployed people. Also small traders have to innovate in their style of working if they want to compete with bigger retail giants. This will give a better choice to customers and they can get benefit from it. It is better to our country firms to developing new technology.
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Dhara Singh Meena said: (Thu, Nov 22, 2012 01:41:14 PM)

Definitely FDI in retail will improve our economic condition it will bring more investment, new technology and it will improve back end infrastructure, lower down the problem of supply chain and ultimately benefited for farmer as well end consumer and in other side it will not destroy small retail sector because according to study of international council on international research tell us that only 5-6% retail shop is only organized sector in India and there is no evident of effect of organized sector on unorganized sector and after well come move of FDI it will create 4 million direct job and 6 million indirect job in logistic. Supply chain, cold storage and warehousing, so it will benefited for country in economic and political way also.
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Ashwin Ashok.V said: (Wed, Nov 21, 2012 10:56:13 PM)

In my opinion FDI in retail should be allowed, because just look into to the basic problems of India. Infrastructure and Unemployment. In India we don't have any basic cold storage facilities or back end efficiency that is the main reason for a supply side constraint in India. Which in turn reaches the consumer in the form of INFLATION. So if FDI is allowed. As per the clause put forward companies are supposed to invest 50% of their money in back end operations. Hence India will get more cold storage. Warehouses. And many more efficient technologies. As a result in the long run. Inflation (increase in food price) can be gradually bought under control. Regarding the unemployment. About 10 million people are going to get a job opportunity. In a way it will surely help the nation in its long run.
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Kalaiselvi said: (Wed, Nov 21, 2012 09:28:15 PM)

Yes, I do think FDI in retail shop of India is good. By doing so unemployment in India is get reduced and well as farmers will get correct price for their products and will not be cheated

by the person who is cheating in the name of helper. And this method is relay on increase the standard of people like developed countries. It gives job for both uneducated people we can achieve sustainable development.
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Sanchit said: (Wed, Nov 21, 2012 08:54:23 PM)

Yes I do agree what Ashish has said. If you see the current scenario of India : road projects have slowed down, infrastructure projects have showed a huge decline, power projects have fallen due to shortage of coal. So there is great need of the foreign direct investment. Its a good step taken by the Government to allow 100% FDI in single brand retailing and 51% in multi brand. My dear friends you will be surprised by the fact that around 40% of the vegetables produced by the farmers get rotten up in MANTIS (ware houses) due to lack of the cold storage facilities, warehouses and logistics facilities. By allowing FDI in retail, the technology will be developed, also the farmers will get the correct price of their product and hence the consumers. Also FDI will help in creating employment opportunities and the norm of 30% sourcing of the product from India will help in increasing the GDP of the nation, hence reducing the fiscal deficit and economic condition will improve. So FdI in retail sector is good for INDIA.
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Suresh Hokundi said: (Wed, Nov 21, 2012 08:21:44 PM)

Yes I can't agree FDI in Indian retail sector. Because of following resins as bellow: Because India having huge population but so many of people business activities will take in there own store or shops, when we include FDI it directly affects to the small business employs, But FDI provides employment to the Indian unemployed but what about the uneducated peoples life in India. There are three types in FDI. 1) HORIZONTAL FDI; Home company should investing the money to host country. 2) PLATFORM FDI. 3) VERTICAL Fluctuation in upstream to downstream of investment.
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Ashish said: (Wed, Nov 21, 2012 06:51:46 PM)

I am somewhat disagree with what rahul have said - 95% of India's retail sector is occupied by small traders and only 5% is organized. Even if we open retail sector 100% for FDI it will take another 20 to 30 years to get 50% organized level. So there is a huge space for both sections to grow as Economy is also growing so the pie will not shrink in favor of retail giants. Also small traders can get benefits in terms of purchasing in bulk from these stores cheaply and can get economy of scale. People will always go to these small traders for their daily needs as they have the big factor of convenience with them. Also small traders have to innovate in their style of working if they want to compete with bigger retail giants. This will give a better choice to customers and they can get benefit from it. Also about monopoly we can take example of china where even after having FDI in retail and Walmart people still choose small traders and Walmart is struggling over there.
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Ashish said: (Wed, Nov 21, 2012 05:29:46 PM)

Yes FDI in retail is good for our country ass a whole. FDI in retail will bring new technological advancements which not only help in better management of our firms but also reduce the wastage that's happening. Also on job front it will generate more jobs as unskilled people can be inducted in front end. FDI in retail will create better infrastructure in terms of warehouses and retail shops. Customers will get more variety and will get shopping experience that is equivalent to western standards. For farmers it will help in getting more price for their produce as they can directly shipped to retail stores bypassing middleman. This will in turn result in price reduction of products.
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Ca Rahul Jha said: (Wed, Nov 21, 2012 04:28:02 PM)

In my opinion, FDI in retail sector would be a two edged sword with its advantages as well as disadvantages. In a way, it is one of the solution to the biggest obstacle this country has been facing in its growth which s unemployment as FDI is believed to create over 10 million jobs. But on the other hand, it will create unemployment among the small traders and class of people who earn their livelihood by selling and marketing agro-products of farmers. Also there is a reasonable possibility that market might face monopolistic situations where players like Walmart would lead the race and controlling prices might go out of hand. In my opinion instead of allowing FDI in to retail market, government should take steps to ensure that there is an effective and efficient supply chain management of retail products in the place like proper market, storage, distribution facility of produces, so that farmers could

get there due credit in terms of prices, unemployment is not created among small traders and consumers can get what they need at controlled prices and in adequate quantity.
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Srinivas said: (Wed, Nov 21, 2012 02:49:51 PM)

Yes definitively I agree that FDI in retail sector for India it bring lot of money in our country like India it create more job opportunity, increase the standard living of people, Former get right price of their crop product, and Consumer will get wide choice. Some people are there in our India simply issuing mater and its harm to our country I want to ask you one thing guys at time of 1991 economic policy during the that time also same issues are discussed in that time. Now days many MNC came to India because of the economic policy now have they looted our country or go back to their country after making huge profit please guys humble request you to think that mater very polity.
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Mamuni said: (Wed, Nov 21, 2012 12:29:17 PM)

As the topic says is foreign direct investment in retail (FDI) in retail sector good for India ? In my opinion yes FDI in retail sector is good for India. Because by doing so our government can create around 10 million jobs in our country within a span of 10 years which is a report prepared by Indian staffing Federation (ISF). And being a developing country our main problem is unemployment, by FDI in retail we can cater direct 4 to 5 million jobs and indirectly 6 to 7 million jobs across the country. And also it is going to help us in other commercial markets. AND another thing is that it is going to help skilled people as well as unskilled people as well. Logistics and supply chain companies are expected to grow as there is a link between small manufacturers, producers and farmers.
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Shruti Kutteari said: (Wed, Nov 21, 2012 12:19:10 PM)

Yes I do think FDI in retail sector is good for India. Because a nation like India with very huge population, have many unemployed people. Globalization has increased the competitiveness among the mass, and companies like wallmart and various other companies give employment to such people. Thought the Economy of the country is carried away by the multinational companies, it gives a great sigh of relief for the huge mass. Government should look forward to invest money in areas where the profit is to the country

and people are employed as well.

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