FDI in retail: Impact on India? 1

The government has published discussion paper in the hope of creating a debate about FDI in retail. It is an issue that evokes strong responses on either side. On CNBC-TV18's special show India Tonight, Karan Thapar asks what impact could it have on corner shops, on employment, on agriculture and on investment as a whole.

Category:

News & Politics

Tags:

• India Tonight
• FDI
• retail
• CNBC-TV18
• Karan Thapar
• ICRIER
• Rajiv Kumar
• Aditya Birla Retail
• Thomas Varghese
• Pravin Khandelwal
• RP Singh

[sadlecjjn]

for a true perspective on this subject please resurgentindia_dot_ org

[jalpeshc]

Enlightening. Good data being shared and changes my opinion more favorably amidst all the noise (at least socioeconomic concerns). On the other hand, welcome India into eating processed foods!

[tubesher]

China figures are irrelevant. China has got more FDI in manufacturing industries than in retail. Retail is a service industry, creating a current account deficit for India (by letting the profits flow abroad). We already have a deficit, but must work towards a surplus like China. Then we can think of allowing FDI in retail

[adi2good]

My question is " why are we waiting for FDI to organize the retail sector?", FDI should just be looked at as an added advantage and ground work to organize the sector, improving the supply chain and technology should be begin internally. also, there has to be some kind of a game plan or a system to support the indian eantrepreneur. We need decouple especially from the west and be more self dependent. India needs creativity and innovation rather than copying the west, for god's sake!!!

[parthsna]

FDI in organised retail is a must to streamline the supply line and increase productivity. But can't be done without through and strict regulation. Wall-mart and Tesco are known for their bad business practices.

A pair of jeans or shoes in UK and USA that have much higher PPP indices cost less than India even in direct exchange rates. It's all because of organised retail properly.

[tri400]

it should be upto the states to decide weather to allow Retail FDI in their state! So Bengal and Bihar can have their Kirana stores and Haryana and Gujarat can have supermarkets!