FDI In retail - InKiranaStores -

Through FDI in retail PM want to become "OVERachiever" from "UNDERachiever "

International aspect :-

India was also under a G-20 obligation to remove all hurdles to the growth of multi-brand retail. eing a signatory to Bilateral Investment promotion and Protection Agreements (BIPAs), India has to provide national treatment to the investors. Agreements with more than 70 countries have already been signed. State governments will, therefore, have to open up for big retail. Industries will use the legal option to force the States to comply.

Corporate pressure :-

In India, we are aware that Wal-Mart alone had spent Rs.52 crore in two years to lobby, as per a disclosure statement made in the U.S. It has certainly paid off.

We experienced Relince fresh and Big bazara as Indian reatil brand and You should not be suprised if these will become Foreign brand in next 1-2 years cause if they come from Mauritius Route and they have not to pay 1 paisa of tax!

( Must read : 40% of India's FDI comes from this building : FDI via Mauritius )

Parliamentary process :-
On each and every topic , the Government representative said that the bill is in standing committee and we have to follow parliamentary process and constitution is above to all, etc. but If you read the Report of Parliamentary Standing Committee on Commerce than you find that Government took decision totally reserve to the recommendation of Standing come tee ( PRS summary on FDI in retail : PRS summary report on FDI in retail )

Argument And Answers :-

FDI in retail will help to farmers :- No where in world this is proved, actually the result of this practiced show Adverse result in farmers community , there are Farmers agitation in oppose to walmart in world by farmers, Even in the U.S., big retail has not helped farmers — it is federal support that makes agriculture profitable. In its last Farm Bill in 2008, the U.S. made a provision of $307 billion for agriculture for the next five years. .

Middle man will be vanished :- This is not true , And if in case it's true than also it's not right way cause it's Goverment duty to do thisFDI is not needed for this ! #Short and simple answer

Yes to Dell, Sony ,Hyundai , Yamaha And Why NO Walmart  :- We should welcomed FDI in technology and manufacturing growth cause afterall it will increase Nation growth but FDI is not need in the field where you have good grip like field of Craft , retail etc.

India minds does not accept change fast :- There is small class who argue his on the base of Computers , but Computers and Retail is two different things , Computers are innovation and Retail is traditional art

Storage facility :- The worst and baseless coment is this , It's true that we have ot good facility of Storage , but it's government responsibility to develope it and FDI is already allowed in storage, and no investment has come in.

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InKiranaStores Is a Twitter trend , here some commonle Indian tweet about that the benifits of Indian kirana stores ON foreign multy brand like walmart etc .

- I get extra 3 grams of sugar and a toffee in lieu of change. Can Walmart match this?

-Price jyada hai. Kitna legega thik se bolo." At organised stores - "Ispe koi offer hai kya."

-you can get a change of Rs100 without buying anything. Can Walmart match that?

-you can park your scooter right outside. Kirana Store - 1, Walmart - 0.

- We always ask for extra carry bag. Can Walmart match this?"

-under one roof..you can find juicy gossip about all your neighbours. Kirana Stores: 100 Walmart: 0

-A 1000 rupee note is treated as an alien.

- Many times you hear line like : Chintu k papa payment de denge @ InKiranaStores

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FDI is like use Artificial heart at time of heart surgery  : You can get funds from it but Only for small time and after that You have to develop some percent system for getting constant funds for higher growth of nation !