Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

Will FDI in the retail sector drive the small shop owners out of business depriving them of their livelihood? If so should we not tackle this issue with a human face, not withstanding the benefit he consumer may enjoy? Your views?

Tags: money, careers, fdi
Asked by Good Citizen, 17 Sep '12 10:19 am
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (5)

 
1.

In 1991 when globalisation was accepted MNC were allowed to trade in India at that time intellectuals speculated that small scale industries inside home will be eliminated....but nothing of such did happen....but there began a competition among the manufacturing houses......

and now FDI.... itz not a threat to the domestic sector....

look there is hotel in 5 stars, McDonald chain of Hotels, Costly A/C resataurants & bars with cheap bar dancers, medium type hotels serving every type of delicious dishes, and hotels on footpath, ....... and there are customers for every type of hotels.....similarly if FDI comes same thing will also be perpetuated

so no qsn of any fear.....lets accept the change......
Answered by Pradipta pati, 17 Sep '12 10:31 am

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
2.

In other countries both organised n unorganised retailers exist.Why can it happen in India.The fear of losing bread butter of millions of unorganised retailers is not based on facts.They will survive as has happened in many other countries.But they have to give up their greed n sell quality products at reasonable price.Now more than 50 % of the unorganised retailers r selling products which r unfit for human consumption.
Answered by Damodar Biswal, 17 Sep '12 10:26 am

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
3.

No it will not retails fdi is going to happen in large cities only what about smaller cities,towns,villages,
and poor areas of larg city they will survive very well as they are doing even now after the opening of big retail shops like big bazaar, reliance fresh, spencers etc. nothing bad is going to happen to present retailers
Answered by iqbal seth, 17 Sep '12 10:22 am

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
4.

It will be a mixed impact
not really negative
Answered by anil garg, 17 Sep '12 01:00 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
5.

Yes
Answered by Pooja Rastogi, 17 Sep '12 10:21 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining