Singh Retail Retreat ‘Nail in the Coffin’ for India Opening

[CaptainJackSparrow]

Why should he? He is not at fault, rather the SCUM he is surrounded with. Surely you can't doubt his intelligence,wisdom, integrity and vision.

After 2g, CWG, Air India, refusal to distribute free food food grain to the starving, Rs. 32 a day 'rich' level (thanks to his 'friend' Montek Singh Ahluwalia), Gilani a 'man of peace', resumption of dialogue process with Pakistan, trying to dilute 'RTI', obstructing a strong anti-corruption law, inflation, black money, retaining Chidambaram as Home Minister, Kapil Sibbal (according to whom there was not even a 2g scam), CVC PJ Thomas appointment and countless other issues, I doubt almost everything about this guy.

He is not a leader. Not at all.

Nobody can force you to do things you don't really want to.

You can always say no.

You can always resign.

You can always keep your conscience clear.

This man has refused to keep his conscience clear.

It is our misfortune that we have him as our PM.

He cannot escape his responsibilities by saying 'it's not my fault' or 'main majboor hoon' every other day.

Sometimes, Mr. PM, the head of the family has to stand up and be counted.

He has failed. Totally failed.

Degrees and awards don't make one a leader. Leaders are made of men of substance, something this guy utterly lacks.

 

[Manas]

FDI in retail is bad idea . It'll hurt self employment in a country with less job opportunity in manufacturing sector .

Even our SMEs will be hurt as watmart would import cheaper Chinese goods in bulk.

 

[IndoCarib]

FDI in retail is bad idea . It'll hurt self employment in a country with less job opportunity in manufacturing sector .

Even our SMEs will be hurt as watmart would import cheaper Chinese goods in bulk.

Aw come on, not the same line again. How long this myth will be propagated ??

Retail FDI policy to create 10 mn jobs: Govt - Indian Express

Business Line : Industry & Economy / Agri-biz : Farmers' association supports retail FDI

 

[CaptainJackSparrow]

FDI in retail is bad idea . It'll hurt self employment in a country with less job opportunity in manufacturing sector .

Even our SMEs will be hurt as watmart would import cheaper Chinese goods in bulk.

It's good for the farmers who have to commit suicide for not being able to pay off the loans. The farmers themselves have supported it.

It's good for the consumer who has to pay through his nose for almost everything. A kilo of potato, for example, sees almost double a price jump just in reaching from the Azadpur Mandi in Delhi to the neighbourhood local veggie shop.

Everybody else can go take a hike.

The only ones protesting are the middlemen who make merry by bleeding both the farmer and the coinsumer.

I don't remember the last time I saw these middlemen speak for the consumer.

 

[harpoon]

Why should he? He is not at fault, rather the SCUM he is surrounded with. Surely you can't doubt his intelligence,wisdom, integrity and vision.

Why shouldn't he? If he is incapable of pushing through reforms (for whatever reasons it may be), he better leave the job to somebody who can.

 

[Manas]

It's good for the farmers who have to commit suicide for not being able to pay off the loans. The farmers themselves have supported it.

It's good for the consumer who has to pay through his nose for almost everything. A kilo of potato, for example, sees almost double a price jump just in reaching from the Azadpur Mandi in Delhi to the neighbourhood local veggie shop.

Everybody else can go take a hike.

The only ones protesting are the middlemen who make merry by bleeding both the farmer and the coinsumer.

I don't remember the last time I saw these middlemen speak for the consumer.

Its myth that FDI in retail will help farmers and agriculture prices.

Walmart sells many things and agriculture products is tiny 20% of what they sell. So positive impact will be minimum. That too go to big farmers , not those committing suicides.

On the other hand our SME will be badly hit and so do Kirana shops which are the largest employers in the unorganized sectors.

India is different country . We are neither large farm landholding farmers country like the USA nor a manufacturing giant like the china . So Walmart isn't the solution to our woes.

 

[Ammyy]

Aw come on, not the same line again. How long this myth will be propagated ??

Retail FDI policy to create 10 mn jobs: Govt - Indian Express

Business Line : Industry & Economy / Agri-biz : Farmers' association supports retail FDI

Jobs ??? WTF

To sell vegetables in foreign stores you call it job ???

 

[janon]

Why shouldn't he? If he is incapable of pushing through reforms (for whatever reasons it may be), he better leave the job to somebody who can.

Would anybody else have been able to do anything, if many in his own party and the opposition parties opposed it for political opportunism, and the parliament was being held hostage? Put another man in there, what would have happened? Parliament would hvae been stalled until he did the same rollback. Indefinitely. You cant seek a fresh general election for every issue, just because he had the nerve to do that for the nuclear deal. If that was the case, every law to be passed in India would need an election.

---------- Post added at 12:30 PM ---------- Previous post was at 12:28 PM ----------

 

[IndoCarib]

Jobs ??? WTF

To sell vegetables in foreign stores you call it job ???

Did you even read the articles ? You dont get paid to sell vegetables in retail stores ? Why it is not a job ? You thought job is only when you sit in front a desktop in a office ?

 

[janon]

Jobs ??? WTF

To sell vegetables in foreign stores you call it job ???

If it is a job to sell it in the streets, it is a job to sell it in a more efficient place and earning a higher salary and giving a lower price to consumer and higher price to producers. Thats called efficiency. And by the way just beecause a store is owned by a foreing chain doesnt mean all the money leaves the shores....most of the millions of people who work in these stores will be indians, most of the investors will be indians, the establishment will be run by indians. The wage earners, consumers, and producers and administrators are all going to be indians. Sure, a few foreigners will also benefit. Is that a horrible thing? Thats how globalised economies work.

Why is it not a job if he works at walmart, but is a job if he has to walk thorugh the hot streets all day and earn a pittance? If it can be done more efficiently, improving everyone's quality of life, suddenly that is not a job anymore?

Yes, it is a job. Very much so. Will help millions of Indians with minimal education to earn better lives for their families. Thats the definition of a job.

 

[Ammyy]

If it is a job to sell it in the streets, it is a job to sell it in a more efficient place and earning a higher salary and giving a lower price to consumer and higher price to producers. Thats called efficiency. And by the way just beecause a store is owned by a foreing chain doesnt mean all the money leaves the shores....most of the millions of people who work in these stores will be indians, most of the investors will be indians, the establishment will be run by indians. The wage earners, consumers, and producers and administrators are all going to be indians. Sure, a few foreighners will also benefit. Is that a horrible thing? Thats how globalised economies work.

Why is it not a job if he works at wwalmart, but is a job if he has to walk thorugh the hot streets all day and earn a pittance? If it can be done more efficiently, improving everyone's quality of life, suddenly that is not a job anymore?

If some one is earning money by roaming around the streets so he is making money for him self with more profit and more margin not for others in limited earning

And what about thousands of kirana stores across the country ???

 

[janon]

If some one is earning money by roaming around the streets so he is making money for him self with more profit and more margin not for others in limited earning

And what about thousands of kirana stores across the country ???

You really shouldn't talk about things you havent thought through. The man roaming tthe streets does not earn more than the man working at walmart. The man roaming the street is very limited in how much he can sell a day. How much he can transport from the farms to the cities. How much he has to pay a lot of people for that. How much he has to throw away at the end of the day because he doesnt have efficient storage facilities. How many consumers he can actually reach. A man doing that job in a retail store will be able to sell a lot more stuff at lower prices, and make more money. It is a fact. You clearly don't understand economics or commerece - I don't mean to say that as an insult - but think about these issues more. And observe. Just go out and find out who earns a better living, a man pushing a vegetable cart or a man working in a big retail store. It is an order of magnitude higher.

And thousands of kirana stores will not close down. Nobody will go to walmart every time they want to buy some eggs to cook. There will be one or two such mega outlets in the cities that plan to bring them in, and the kirana stores around them may have to relocate, or be good business men and sell something else. Thats how markets work. This doesnt mean they will all be unemployed, tehy will have to change their business. THousands of kirana stores across the country closing is a bogeyman, it wont happen. On the other hand, millions of other people remaining unemployed because we dont allow people who want to employ them to do business here - that can very much happen. In fact that is what is the situation right now, has always been.

 

[harpoon]

If some one is earning money by roaming around the streets so he is making money for him self with more profit and more margin not for others in limited earning

And what about thousands of kirana stores across the country ???

No it will not. Many Kirana shops sell on credit to their regular consumers. Walmart will not do that.Also Walmart or Tesco is not going to open in every single town and village. Mostly they will be limited to big cities.

 

[Manas]

No it will not. Many Kirana shops sell on credit to their regular consumers. Walmart will not do that.Also Walmart or Tesco is not going to open in every single town and village. Mostly they will be limited to big cities.

Areey Bhai ,Walmart isn't going to be another reliance fresh or BigBazar.

Walmart will take over the whole back end chain and cut the middle men to buy cheap from the the manufacturers and the farmers. Walmart does that everywhere very successfully.

Once they start selling cheaper than neighborhood Kirana shops ,kirana shops will have no business left to do.

Also Kirana shops will then have to buy things from Walmart as there are no middle men left expect the walmart.

 

[boris]

1)Stop blaming MMS for every problem that hits the country-BJP,DMK,Trinamool are very much to blame for what has happened.Don't forget this is the same person who saved this country's a** in 1991.

2)FFS,we are a developing economy and we need to globalize the FDI decision was very much needed.Now it's gone.

3)Kirana shops wont be hurt by one little bit for eg:in 2007 in my hometown 3 Reliance Fresh stores opened in 2 months ,all local sabji vendors and kirana stores were still doing good business.Everyone cannot afford to go and shop at wal-mart,local markets will still go on,it is like saying if we open up McDonald's then vadapav vendors will run out of business.

4)It seems since 2004 it has been the job of the BJP to oppose anything the Congress does,according to them tomorrow if Congress wants to Pee in the Parliament toilets lets do a big-a** protest march.

5)Why should MMS resign??Have you ever had anyone close working in the Govt. at a big post??If no then please shut up.Go look at the stress these people go through,look at their BP levels at their stage most of you will reach the ICU.MMS has done a lot for the country.

6)To sell veges in foreign stores is not a job??Wow so polishing boots on footpath is a dream job by this logic.

7)Farmers will be hit??I dont think so take McDonalds as a case study every french fry made in McDonalds uses potato's grown by Indian Farmers,giants like them buy the entire stock even when it is not grown.

8)We are not a manufacturing power??Whose fault is it??Indian companies dont make goods comparable to Western and European Nations.China has almost every large corporation's factory and major offices(Shanghai)in their country but still their local brands like DHS,361 Degrees,ZTE,Lenovo and many others are having high consumers in China.If China can then why can't India,step up your quality or stop complaining.