'Foreign Direct Investment Disadvantages Essay\r'

'There is a lot to be said for boastful retail to come to India, merely we fecal matter non obviously be taken in and copy something which is organism pushed shore our throats because those who make the polity appear to not have the faintest touch on how retail genuinely kit and caboodle in India If there were clear answers in black and white to the question, there would really be no need for every debate on the issue, but the rectitude is that it is simply not that simple.\r\nOn a philosophical and emotional direct, the answer could be that any form of foreign connection in a national food market is rife with dangers of the colonialism sort, but in this twenty-four hours and age, while the core concept of beingness wary of foreign dominance may still be true, the fact cadaver that there be plenty of ship canal to ensure that it works on a win-win basis for all concerned. The main riddle with the current status of foreign orchestrate investment (FDI) in retail i n India is that it does not provide a level playing field to otherwise players of the domestic and small sort.\r\nIn addition, it appears to take a rather naive and simplistic slang on certain aspects, which like myths being repeated, tend to become urban legends. On the other hand, no expanse can afford to take on an isolationist approach. To start with, it may help to go with the background and constitution t superstar on the Cabinet decision on FDI in retail, as put up on various places on the internet. Facebook, PIB) As this writer sees it, with a holistic gaze of the subject and not just establish on jingoism of the â€Å"burn down the malls” (right view) and â€Å"bad for farmers” (left view) sort, but on quick-scented evaluation of larger issues, there ar some points which need to be straightened out. bulky retail is inevitable, and that is a simple truth, but there has to be larger mail service for public good which seems to be sine qua noning(p) from this insurance policy. The people of India come first, including those who want a amend product or function buying or selling experience, and at the end of the day it is their wallets which will get back where they go.\r\nBut at the same time, the government, with the policy as outlined above, cannot sell the deflower with the bath-water, and make things worse. Some suggestions: 1) The present agriculture Produce Market Committee (APMC) telephone number requires urgent revamp if we really want to help the rural and agricultural sectors with a better go to market scenario. This, on with rapid introduction of the goods and services evaluate (GST) as tumesce as excuse of inter- and intra-state movement of foodgrain, agri products and sporting produce, would do more than to improve matters, as come up as do wonders for our conomy in a alteration of meanssâ€most of all in ground of controlling charges as well as reducing storage and wipe losses. 2) The policy shown above makes a slipperiness that â€Å"brands” by big FDI retailers need to be carried across borders without in any behavior making it clear that the bore of those brands inescapably to be same across borders, too. As of now we see that with these manufacturers and retailers there is one lower quality for sale in India and there is a better quality for sale in developed countries†issue in point being soft drinks, processed foods, confectionery, electronics, motor vehicles and others.\r\nIf anything is by way of a different quality for India for price or other reasons, then let it be clearly marked as such. 3) Specifically in the human face of box and processed foods, the policy does not introduce anything about affection to best carapace scenarios in terms of labelling of ingredients and avoiding misleading trade ploys, thereby leading to a situation where outright dangerous products are foisted on Indian consumers. The amount of product elaborate availa ble for consumers in developed countries essential be change courseed for India, too.\r\nIndia cannot become a huge chemistry lab for processed foods or anything else. 4) More empirical data ineluctably to be provided on subjects like â€Å" forward motion in supply chain”. India is the country where the passenger rail ticket deliveries, fresh hot cooked food by dabbawallas and diamonds as well as other peculiar stones by angadias have set better than global standards in supply chains, so the same standards need to be quantified and utilise to those seeking 100% FDI in retail. It is not too much to ask for them to match the Indian standardsâ€unless those who make the policy are ashamed of our prowess. ) The investments in retail by the FDI route, when they come, should come only by and through a short-list of recognised revenue adherence countries. The misapply option of FDI coming in through make loven or suspect tax havens needs to be blockedâ€firmly. Likewis e, full(a) disclosures of the strictest sort need to be made on who the investors areâ€again, these cannot be handbag corporate identities hiding behind consultants and banks in shady tax havens or other countries. Unlike what happened in, for example, airlines, Indians need to know who is spend and from where.\r\nAnd in case there are legal issues, then we need to know who the faces are who will go through the Indian legal system, unless those who made the policy are ashamed of our legal system. 6) The payment processing and cash management as well as tax adherence part of this industry, both in terms of procurement and sale, need to be through the Indian banking system. And by fully truthful methods, so that float as well as control remains in India at all times, as is the case in developed countries.\r\n'