Tuesday 18 September 2012

FDI in Retail - Bitter Questions

1. Why it is so that FDI in Retail is the only solution on this earth for all the economic problems of India ? Do we Indians really need White Traders to manage Wholesale & Retail market sector of our Nation ? Are we Indians, so incapable that we can not manage & find solutions of economic problems of our Nation ourselves ? 


2. Do India really needs White Skin Traders to procure products of Indian Farmers and to sell it  to Indian Consumers ?  What for Food Corporation of India and Public Distribution System are ? Has Government failed to manage these both well ? Do we really need White Traders to take over India's food sector ? Is it wise to give the control of the most basic need "Food"  of 1.2 billion Indians into the hands of Foreigners ?

3. Is FDI in Retail is the only answer to Farmers' suicides and Inflation ? Are only middlemen responsible for this ? Excessive dependency on rains, mismanaged irrigation facilities, corruption hit & politically motivated export import policies, lack of vision & will to implement, develop and make good use of Food Corporation of India and Public Distribution System etc are many factors which play a major role into this. 

4. Will these White Traders be able to procure Products of Farmers without any help & guidance of middlemen in India ? If middlemen are so evil, let us first kick out middlemen of Defense & Arms Deals. Mota Maal ?  

5. Do these White Traders only in this world can develop infrastructure facilities like cold storage etc for farmers ? No one else can ? Any special technology required for this which we don't have ? 

6. What is the guarantee that these White Traders will pay fair prices to farmers  and will sell on fair prices to Consumers ? Are they coming here for social service ?

7. Do India really need White Skin Traders to create competition in market ? Is this the only solution to make wide range of choices  available to Indian Consumers ? Is this the only way to make cheap products available for Indian Consumers ?

8. Is this FDI in Retail so powerful, that it can develop all kinds of Infrastructures in a Nation of 1.2 Billion people, which Government of India failed to develop in 65 years ?

9. When, it is mandatory for these White Traders to procure only 30% of their purchases from within India, and they are free to procure 70% of their purchases from anywhere in the world, How can anyone ensure level playing ground for Indian Small Manufacturing Enterprises, Middle Class Wholesale and Retail Business Sector ?

10. Why a misinformation campaign is going on that these White Traders and FDI in Retail will be beneficial to Indian Farmers like anything ? Are these White Traders going to deal in Food Products only ? No. They will be selling everything which can be sold in a modern departmental store. From pin to elephant. Everything. 

11. When these White Traders are free to procure 70% of their purchases from anywhere in the world, how can anyone expect them to create employment for Indians ? Instead, it will create devastating huge unemployment in Indian Small Manufacturing Enterprises, Wholesale and Retail Sectors.

12. These White Traders will hold 51% stake. Sometimes I wonder who will hold another 49% stake ? Indian Baba Log ? Is this the reason to show FDI in Retail as the only good thing which can happen to India ? Indian Elite Class & Indian Political Class have their eyes fixed on this 49% and they know & understand very well that as soon as these MNCs arrive, there will be huge opportunities available for Corruption & Mota Maal. From Land deals to Rich & Big Middlemen for all operations  of MNCs, each & everything will be mines of Corruption. 

13. Is FDI in Retail being used as back door entry to Indian Black Money back into India as White Money ?  Is it an desperate attempt to help USA & its MNCs to revive their economical health as it comes just after the "Silent Tragic Figure" article in The Washington Post and UPA Chairperson's USA visit for unknown reasons ? Is the Government compromising with the national interest and livelihood of billions of Indians under the pressure & blackmailing tactics of USA & International Financial Institutions ?

14. Those who advocate global market, fair competition, and level playing field,  think that Indian Small Manufacturing Enterprises, Middle Class Wholesale & Retail Sector can stand firm in competition with Huge Financial Strength, & Global Reach of these Giant Multi National Companies  They will be proven wrong when these centuries old strong back bone sectors of Indian Economy will be destroyed completely by these White Traders.

15. FDI in Retail will bring in investments. Government of India needs money. Is this the wise solution ? Why not the Government stops its wasteful expenditures  and dangerous schemes like MNREGA ?  Schemes like MNERGA is making People of India helpless, doodle, parasites, crippled and unusable. Schemes like this is creating a huge labor shortage in Industrial Sectors.  But yes definitely promoting Corruption and Vote Bank Politics. We all know that the Government is planning to bring in Food Security Bill also. This will make the Government more money starved but definitely make people "Parasite Vote Bank"  And of course yes,  A control over corruption & scams which runs into lac of crores can be of some help.  

Another Sin to cover up previous Sin....... And it goes on & on......... 

1 comment:

  1. Dear Mister India, FTI is developing an FAQ on FDI, and hopefully the team will develop a response to some of these questions.

    In the meanwhile, please consider reading my book, BFN (http://bfn.sabhlokcity.com/) and DOF (http://discovery.sabhlokcity.com/). Also read Chanakya's Arthashastra and Hayek's Constitution of Liberty.

    Regards
    Sanjeev

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