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Q.

What is this RETAIL FDI policy implemented by government recently .... ?????

Tags: fdi, government recently, retail fdi
Asked by Manoj M, 21 Sep '12 03:21 pm
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Answers (4)

1.

This means that forgen companies will open stores in India, which will Manage and provide all necessties from their stores, for which they will purchase raw material from farmers and local industries, at a reasonable rate and process them for ordinary purchasers at a justified rate.
Farmer will get a good price from them and customer will purchase items of his use and a lower rate than what we get from local traders.
Answered by Pooja, 24 Sep '12 01:30 pm

 
  
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2.

The foreign companies can invest directly or thru their representatives in Retail Sectors like fooding, edibles, clothingz etc
Answered by Ramchander kumar kushwaha, 24 Sep '12 12:49 am

 
  
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3.

RETAIL FDI will open up the doors of retail business to foreign companies which can hold majority share in it, this will allow the (Foregin) Businesses to conduct activities like buying and selling Indian Items to India people or even importing items (Which will obviously be subjected to the import regulations), it however does not allow such retailers to conduct business online.
Answered by Ashok Maurya, 21 Sep '12 09:23 pm

 
  
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4.

The Government of India was initially very apprehensive of the introduction of the Foreign Direct Investment in the Retail Sector in India. The unorganized retail sector as has been mentioned earlier occupies 98% of the retail sector and the rest 2% is contributed by the organized sector. Hence one reason why the government feared the surge of the Foreign Direct Investments in India was the displacement of labour.
The unorganized retail sector contributes about 14% to the GDP and absorbs about 7% of our labour force. Hence the issue of displacement of labour consequent to FDI is of primal importance.
There are different viewpoints on the impact of FDI in the retail sector in India, According to one viewpoint, the US evidence is empirical proof to the fact that FDI in the retail sector does not lead to any collapse in the existing employment opportunities. There are divergent views as well. According to the UK Competition Commission, there was mass scale job loss with entry of the hyp ...more
Answered by saranathan Narasimhan, 21 Sep '12 03:23 pm

 
  
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