tag:blogger.com,1999:blog-4908993162747549850.post3561871867236260180..comments2023-08-10T10:52:52.937+05:30Comments on Thoughts: My Newspaper Vendor and FDI in Retail...Ambadihttp://www.blogger.com/profile/12126135202327179403noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-4908993162747549850.post-66035928612562836992012-09-28T11:54:05.631+05:302012-09-28T11:54:05.631+05:30Why hate when we can disagree? :)Why hate when we can disagree? :)Ambadihttps://www.blogger.com/profile/12126135202327179403noreply@blogger.comtag:blogger.com,1999:blog-4908993162747549850.post-70847412173943922132012-09-25T09:50:24.239+05:302012-09-25T09:50:24.239+05:30I wish what you stated above were reflecting the r...I wish what you stated above were reflecting the reality! If it was so, then we wouldn't have a problem in giving petrol and diesel free of charge because we will just be giving a 'document' to the oil exporters and nothing like money!<br /><br />I am not an economist and this is not a place to explain the concepts of foreign exchange, purchase parity and balance of payment etc. <br /><br />FDI ensures that money brought into the country (document or otherwise) is used only for investment into capital assets and therefore it provides longer term stability to Indian currency, increasing its exchange value viz a viz other currencies.. That reduces the huge import bill (and the subsidies on substantial oil import)and will actually reduce the inflationary trend. If at all, FDI will only cause growth related inflation caused by increased purchase power of people, which in itself is not a bad thing! Ambadihttps://www.blogger.com/profile/12126135202327179403noreply@blogger.comtag:blogger.com,1999:blog-4908993162747549850.post-87313659074555649032012-09-25T07:35:22.942+05:302012-09-25T07:35:22.942+05:30I dont know why we are not hitting the basics of F...I dont know why we are not hitting the basics of FDI? basically FDI doesnot mean anything but a "document" in form of Cheque or otherwise, which permits the local banks to introduce equivalent rupees in the Indian market.Therefore net result is 1. Introduction and flow of money is commanded by other than government of India. 2. How shall economy shape is decided by the person giving that "document". since basic function of the government is to regulate the flow of money and shape of the economy by allowing FDI, we are letting the governance being decided by some foreigner. Result cannot be anything but 1. inflation, b. exploitation of resources for greed and not for collective social good of the nation, and c. wanton consumerism by few and deprivation and sometimes exploitation by soft loans for others d. concentration of wealth in hands of outsiders and channelising agents of that FDI. This type of FDI can never give equitable growth. Economic growth can be only when all the hands and brains of indians are allowed to participate in growth engine. FDI uses brains and hands of few, resources of the nation and make rest of them as consumer of their product. Result is a growth of economy of the originating nation and exploitation and detrioration of "governance" of the nation having dependency upon the FDI. Money is not resource for governance, it is an instrument to regulate the economy, and works as catalyst in using the brains, hands in transfering the natural resources in usable and productive services or goods. best economy os the one which uses maximum of its population in this economic growth of resources and services that flow of money, issued by the government, flows through the maximum possible hands. Government policies need to be such that money is vaialble easily to such innovative producttive hands by make easy availability by reducing interest rates, reduce taxation so that risk goes down, and encourage productivity so that tax collection is compensated by the growth and not by increasing taxes. Further, government is calculating "cost" and "profit" even in delivering the governance, whereas it need to focus on cost and benefit, and confine its activities only to governanace and regulation. Business of the cos and profit need to be left to private brains and Hands but people of India, Government shall make suitable policies and infrastructures so that sustainable model dependent upon Our money, our resources and our manpower can grow and improve overall human index. <br />Chinese are doing almost that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4908993162747549850.post-13151675017202124872012-09-23T09:21:55.728+05:302012-09-23T09:21:55.728+05:301.my confusion is that retail is the end point of ...1.my confusion is that retail is the end point of business supply chain from production to consumption hence most vital, voluminous and profit generating and would hardly see a slowdown as it is least affected by the economic turmoils in the upper levels, that is why the eagerness with which FDI is ready to enter in this turf not in other sectors like manufacturing, airlines, infrastructure.will it be wise to give such sector to foreign retail with much endurance for losses and much deeper pocket for market maneuvering <br />2 it is to generate confidence in foreign investors FII's, why did we loose that confidence, when their own markets were drowning and under step recessions which policies made a relatively insulated market like India to loose that interest, who will ponder over that.<br />3. why do we project FDI(not only retail) as a panacea to all our economic problems economic ills when will we start generating enough capital to feed our business and infrastructure needs and when will we make ourself strongly with other international currencies<br />4. the structural inflation which has weakened our economy with export slowdown is quite visible since UPA-2 has taken reins of governance, there has been no effort to rectify this rather crony capitalism has seen its most vivid days during both their tenures, it seems like they were creating a stage for leaving FDI as the only way out.<br />5 these are just few in the long list of why FDI should be there, will govt answer them?MANCHAL GOELhttps://www.blogger.com/profile/05707956773762426726noreply@blogger.comtag:blogger.com,1999:blog-4908993162747549850.post-27788793681879964402012-09-23T01:49:13.801+05:302012-09-23T01:49:13.801+05:30I like the article and I am for FDI in retail. I h...I like the article and I am for FDI in retail. I have noticed that the counter arguments/comments address the livelihoods of middle men and rightly so to an extent. In addition to what Mr Ambadi has already conveyed, My perception of the situation is that change is being resisted. Change which would displace some from an established comfort zone and force some to think in a competitive manner and a little out of the box. I am certain to a great degree that the middle man will find a way to make a place for himself/herself in the new retail environment. Additionally, keeping middlemen aside for a while, whatever happened to the livelihoods of the farmers? Where is the concern and outrage when farmers commit suicide due to lack of better prices, low output and exploitation to name a few? <br />FDI in retail will also result in an increased sense of economic security among farmers and will encourage them to improve upon and adopt modern and sustainable agricultural practices and thereby improve the output of their land. The massive agrarian economy that we are, increased farm output may not only ensure a place for the middleman, it may and should provide us with considerable amounts to export. geezerhttps://www.blogger.com/profile/15367676224537739161noreply@blogger.comtag:blogger.com,1999:blog-4908993162747549850.post-26369644844038870482012-09-22T22:41:00.923+05:302012-09-22T22:41:00.923+05:30i hate this article.
i hate this article.<br />Anonymoushttps://www.blogger.com/profile/07501710249942828818noreply@blogger.comtag:blogger.com,1999:blog-4908993162747549850.post-59510204725660541882012-09-22T20:26:16.318+05:302012-09-22T20:26:16.318+05:30Hi,
This is gonna shock all of you , out of your p...Hi,<br />This is gonna shock all of you , out of your pants.<br />It was decided in the Bilderberg club long ago, to gate crash into Indian economy, by a conspiracy.<br />If you want to know what this elite club is –<br />Punch into Google search <br />THE SHREWD CLUB WITHIN THE NAÏVE BILDERBERG CLUB- VADAKAYIL.<br />And if you want to know who runs the Bilderberg club by remote control—<br />Punch into Google search <br />WORTH MORE THAN THE SUM TOTAL OF ENTIRE FORBES LIST- VADAKAYIL<br />The banking cartel had been given a toe hold in India, by giving away FDI in multi-brand retail and FDI in insurance.<br />Insurance affects transport costs and trade costs -- it requires perception to understand all this.<br />Patriotic Indians wake up!<br />DORKS and desh drohis shall lay off !<br />Capt ajit vadakayil<br />..<br />Capt. Ajit Vadakayilhttps://www.blogger.com/profile/14410812789424637654noreply@blogger.comtag:blogger.com,1999:blog-4908993162747549850.post-6578482352912557682012-09-22T15:03:16.585+05:302012-09-22T15:03:16.585+05:30We fail to see the hidden dangers. Powerful Walmar...We fail to see the hidden dangers. Powerful Walmart like groups have a wide hoorizon of procurement sources. They will milk out good sources and leave the dry sources to middlemen suppliers of retail dealers. That means his procurement prices will be high as he has to compete with Walmart like. At present he get and sell vegetables and fruits cheap during season whereas with the advant of WM he cannot get any item cheap even during season. Walmart also won't sell it cheap during season as they have better storage facility. As a result fruits and vegetables will be costlier both with Walmart and with local procurer.WM can cover only cities with 1 million pupulation which might be less than 60. Rest of the places have to be covered by present traders. With the advant of WM they have to compete with WM in procurement and naturally his procurement and selling prices have to be highers. Net result consumers have to pay higher prices in WM and to local dealersCol NR Kuruphttps://www.blogger.com/profile/15951097948613585506noreply@blogger.com