FDI in Retail on Hold

Congress put FDI on hold due to pressure from BJP and More from Mamta Banarjee. FDI became reason of walk out from both houses. Opposition did their best to condemn Congress on FDI. As being in opposition they did their work to condemn decision of government despite of their result.

Foreign Direct Investment in Retail was opposed by Political class due to their disadvantage on Middle Man involved in between farmer to consumer. If a company is going to purchase product directly from Producer and will sale directly to customer then the price for consumer will be lower.



Congress has shown lack of maturity on FDI. They first allowed FDI in retail and then due to lot’s of pressure they hold it. The reason is not good enough to hold FDI. Let Mamta should take her support and people realised who is against people.



Congress firm stand on FDI must have given them some good point in front of people.



Doing Kamaal,

Kamal Upadhyay

FDI

Khoosh to Bahut Hoge Tum to listen that WalMart is coming to India!! There is no need to go foreign to purchase branded product? I am not sure if people will ask for tag Purchased from WalMart USA and purchased from WalMart India!! Public ka kya hai status symbol ke liye koochh bhi kar sakte hai.

Congress has allowed 51% FDI in retail, which will make retail market more competitive. Retail sector is growing in India with help of so many Mall all over big and small city of India. FDI in retail will give people more option to purchase product of their choice.



Survival of Kirana store is big problem as per people who don’t want FDI in retail. I don’t see stupid reason to protest against FDI for such stupid reason. Kirana people don’t pay proper tax. Kirana people don’t give any benefits to their employees. Kirana people only make profit from stocking of food grain to sale on inflated prices.



Big Bazaar is biggest retail out let chain in India. Big Bazaar introduced concept of retail chain in India. Big Bazaar made success in making and creating them self a brand. After entry foreign FDI there are chances that they will encash their brand value.



There should be option to people to choose their product so let’s say yes to FDI.



Doing Kamaal,

Kamal Upadhyay