Crookbond Posted December 5, 2012 Posted December 5, 2012 :hysterical: Lalu says "FDI ke baare mein humein abhi tak samjh ni aaya" (watch at 5:20) Speaker Says: "Aayega bhi nahin" DetePB_msjY
anotherhawkeye Posted December 5, 2012 Posted December 5, 2012 isn't it impossible for goverment to establish a public distribution system which collects goods directly from farmers and distributes it to the public. Are you talking about the Indian government? And you are asking the question without any sarcasm? Just want to make sure where you are coming from.
Sachin=GOD Posted December 5, 2012 Posted December 5, 2012 SP & BSP at it again.. :wall: Sushma Swaraj summed it up perfectly when she said something like "when the debate turns out to be "FDI or CBI" then the Opposition has to lose" :giggle:
DomainK Posted December 5, 2012 Posted December 5, 2012 Heard Sushma Swaraj demanding to know why McDonalds is not buying potatoes from Indian farmers. She made it sound like some grand American conspiracy against India. :headshake:
ViruRulez Posted December 5, 2012 Posted December 5, 2012 FDI has both positives and negatives. Chinese products will flood unless some protection is kept in place. But at the same time, there would be some ethical sales and competition in the market too especially for food and small items etc. which is good for the consumer. Farmers would benefit for sure though not sure how far consumers will benefit in the long run. The storage and distribution system will improve anyways and the wasted grains will reduce. Overall it should have more positives but curbing of Chinese products is an important factor too. But then in the long run, Chinese products will anyways compete if we do not improve our manufacturing sector and make it competent with Chinese one. We have low cost labor here too and so, it is beyond my understanding why manufacturing sector could never make it big in India. As for today's debate and the voting, UPA won in Lok Sabha but Rajya Sabha might be a hard nut to crack. It was also interesting today as I saw another interesting youth leader debating today who seems to have the potential to become a national level leader in the long run. I later on found that his name is Deepender Singh Hooda and he is the MP of Rohtak and son of Haryana CM Bhupinder Singh Hooda. The dude is witty and you can check his debate in this video. Even Sushma Swaraj was not able to rebut him on most of his points. At least, he seems to speak a lot more sense compared to Rahul Gandhi and most other youth leaders in Congress. oZjQRYY0KGc NOTE: He is a good orator but he is also a liar it seems. I had checked McDonals India websites and Mumbai itself has far more outlets than the whole of Gujarat. Not to mention that Pune, Nagpur and other important cities of Maharastra have a lot more outlets compared to even Ahmedabad. So, he was lying it seems when he mentioned that McDonalds has the highest no. of outlets in India in the state of Gujarat.
Tiger80 Posted December 6, 2012 Posted December 6, 2012 I later on found that his name is Deepender Singh Hooda and he is the MP of Rohtak and son of Haryana CM Bhupinder Singh Hooda. The dude is witty and you can check his debate in this video. Even Sushma Swaraj was not able to rebut him on most of his points. At least, he seems to speak a lot more sense compared to Rahul Gandhi and most other youth leaders in Congress. The guy offered mcdonald 24 inch potato which Sushma made fun that "ki 24 inch ki to lauki bhi nahi hoti" :haha: Anyway guy looked quite good much better than Chautala
someone Posted December 7, 2012 Posted December 7, 2012 Don't really with the politics of this issue. The current government have made this issue very political and demanding votes on the basics of anti-BJP instead of the actual FDI basics. Their defense is based on the anti nature instead of advantages of FDI. Plus, I do not understand the effectiveness, implementation of this plan if the states are given an option. It's gonna be SCM disaster.
straighttalk Posted December 7, 2012 Posted December 7, 2012 FDI is good if some safeguards is there... Jaitely has put it very well but to paraphrase him... if those chekcs are not there...we will become a consumer country...with US companies and Chineese goods. Manufacturing sector will suffer significantly...as the example he took.. carpentry etc is becoming a dead profession. it can be positive..if walmart is forced to use indian goods first and only import things which are not available in india.. already due to IT...most of indian educated class has gone into service industry..which really doesnt contribute anything to our society..because we serve companies in the west. now we will become a country of sales girl and boys. investment should have gone in to manufacturing and setting up industrial and research hubs... for india to make long term progress..we need to invest in manufacturing, research and hardcore engineering....energy, biotechnology, electronics fabrication, power, steel, computer science (software production not IT) etc...will allow us to export..and those should be encouraged so that the brightest students go to these...IT is fine..for people to get money but it should not be the focus of our economic growth
Trichromatic Posted December 7, 2012 Posted December 7, 2012 FDI :haha: Can you give the link to this post on fb?
Anonymous Posted December 7, 2012 Posted December 7, 2012 Can you give the link to this post on fb? There you go. http://www.facebook.com/photo.php?fbid=208527229282573&set=a.194465037355459.48009.176963362438960&type=1&theater
Mariyam Posted December 9, 2012 Posted December 9, 2012 FDI has both positives and negatives. Chinese products will flood unless some protection is kept in place. But at the same time' date=' there would be some ethical sales and competition in the market too especially for food and small items etc. which is good for the consumer. Farmers would benefit for sure though not sure how far consumers will benefit in the long run. The storage and distribution system will improve anyways and the wasted grains will reduce. Overall it should have more positives but curbing of Chinese products is an important factor too. But then in the long run, Chinese products will anyways compete if we do not improve our manufacturing sector and make it competent with Chinese one. We have low cost labor here too and so, it is beyond my understanding why manufacturing sector could never make it big in India. [/quote'] Why would FDI in retail result in Chinese products flooding the market? Many people on the thread have the same worry. Whatever protective barriers that are present- in terms of tariffs and prohibitory lists would still be present. On the issue of Indian vs Chinese manufacturing; the main difference is in the level of politicization of the labour Unions. They are quite strong in India and generally indulge in much more than conflict resolution of workers and management. And our labour laws are quite pro-worker.
Mariyam Posted December 9, 2012 Posted December 9, 2012 investment should have gone in to manufacturing and setting up industrial and research hubs... for india to make long term progress..we need to invest in manufacturing, research and hardcore engineering....energy, biotechnology, electronics fabrication, power, steel, computer science (software production not IT) etc...will allow us to export..and those should be encouraged so that the brightest students go to these...IT is fine..for people to get money but it should not be the focus of our economic growth I agree with this. But all this is true even if the Bill wasn't passed and this whole FDI in retail was a non issue. How are you tying this in with the FDI topic?
seedhi Posted December 9, 2012 Posted December 9, 2012 Entry of strore like Walmart may have adverse impact on many small specialized stores and showrooms for things like linen/bedding, electonics goods, sports gear, travel gear, furniture, utensils etc. Frankly, a Walmart store in the US practically sells everything under the sun and if replicated in India on a large scale, its impact will be difficult to limit.
Swing_n_Speed Posted December 9, 2012 Posted December 9, 2012 The BJP is stooping below the belt here. And why on earth are we singling out Walmart? There are many other retail stores that could also come to India. Successful retail chains started by Indians and operating in various countries. The Mom n Pop stores have refused to evolve. That's their fault. Let free economics and the market decide what's best right?
Mariyam Posted December 9, 2012 Posted December 9, 2012 Entry of strore like Walmart may have adverse impact on many small specialized stores and showrooms for things like linen/bedding' date=' electonics goods, sports gear, travel gear, furniture, utensils etc. Frankly, a Walmart store in the US practically sells everything under the sun and if replicated in India on a large scale, its impact will be difficult to limit.[/quote'] The question is, will the long term impact be detrimental to the nation or will we benefit? I am undecided thus far, and haven't been able to come to any kind of a conclusion. Both sides are exaggerating the effects of FDI. We already have had local giants: Walmart like stores for nearly a decade. Centre One, Reliance Fresh, Big Bazaar, Hypercity etc. Haven't seen the supply chain structure benefit. At least not to a fraction of the extent that the pro-FDI guys claim. Neither have I seen kirana merchants having to shut shop. Walmart, will not be able to set up operations like they do in the US. We've many items that we do not allow into the country and/or charge a huge entry tariff on. One of the clauses of the FDI bill is that the business will have to source locally/ encourage local manufacturers and service providers before they bring in stuff from outside. We may very well see the specialized shops cater to the Walmarts who in turn sell the same stuff to the consumer. The GoI should do a pilot in some state, and asses the benefits some 5 odd years down the line before taking call.
The Outsider Posted December 9, 2012 Posted December 9, 2012 ^ The size of the average Walmart in the US is the size of an entire shopping market in India. Of course, their model will have to be different.
Trichromatic Posted December 9, 2012 Posted December 9, 2012 ^ The size of the average Walmart in the US is the size of an entire shopping market in India. Of course' date= their model will have to be different. What does that line mean?
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