Tuesday, 4 December 2012

FDI


my dear friends,
                    now a lot of discussion is going on regarding FDIs. As a common man here I am sharing my thoughts.
                   First of all let us list out what are the pros and cons of FDIs
    pros                                                    
1.compition in market increases. So demand to the product from market people increases. So farmer      will get   reasonable price for his product.
2. Markets will buy product directly from farmers. So there will be no mediators. This can be advantage to Farmers as well as customers.
3.Already we allowed foreign companies in IT, Automobile Industry etc..In those industries millions of jobs created in India. In the same way due to  FDIs also millions of jobs will be created.

these are the some of the pros listed by the pro-FDI people.
Now let me analyze the above things.
when we see the above things we think they are right. when we look in to them.. .
        As normal business people can't afford more when compare to Wal-Mart etc..after some days all the small businesses will be closed. After that all the Indian retail market will be in the hands of 1 or 2 big companies, and then automatically they will decide the price of the product. If the farmer is not ready to sell his product to them for their price they will buy some other genetically modified product from Africa or Indonesia or their own forms from America .Then it will be very difficult to re-Establish Indian style retail shops immediately. As this market is developed from hundreds or thousands of years in India. Some families completely dependent on this.
                              Now in India Crores of people are working in retail market. I don't think that these foreign companies will give such many jobs.
                            The next move of the foreign companies will be to get the market of seeds and fertilizers. They will supply genetically modified seeds and fertilizers to Farmers and will make agreement with farmers and will buy their products. Or they will force farmers to use their seeds and fertilizers .But after some years all the natural seeds with farmers will be lost. As genetically modified seeds won't produce new seeds the farmers need to depend on companies completely.

     At last my view is concentration of business to some companies is very Dangerous. And particularly to those companies which represents other countries is very Dangerous. India is very big market. So, In all possible ways those countries will try to occupy our country's market.

  one more thing please pardon for my Vinglish.

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