Is Foreign Direct Investment (FDI) in retail sector good for India?

GOOD EVENING FRIENDS,

From my end, FDI helps in the economic development of the host country (where the investment is being made).

For origin and host countries, FDI provides access to new technologies, products, skills and organizational and management strategies.

Employment increases in the host country.

Origin country (the country which makes the investment) also develops economically.

Competition increases. So that, with the competitive spirit, every company improves to its best.

Through FDI in production companies, the price reduction is possible.

FDI is a boon for the small companies to become more actively involved in international business activities.

Agriculture related people get the good price for their goods as middle men will be eliminated.

Government's initiative for FDI no doubt a good decision as it not only helps in solving our nation's unemployment problem but also aid more finance to our government. But if these FDI sectors are given importance to rural people by accepting directly product from rural people, it creates more opportunity for rural people. We know that if the rural area will develop then automatically India's growth will develop. So if these FDI sectors are direct support in retail market it will directly link with India's economic growth.

Hii friends,

In my opinion, if FDI provides jobs for only Indians, in other words, if all works are done in FDI by Indians, then FDI in retail sector is good for India. Because in this time India is suffering from unemployment. I think FDI brings a lot of job & it creates an environment of cheap & quality products market. Inflation will be also controller & in the large amount Foreign currency will also come in India, which increases our economic growth.

Hello everyone, as far as the FDI in retail sector is considered I am partially against with it. First of all, I would like to tell you all the growth of the economy through these business affects the life of three groups of people in three different ways. If we have to decide whether the result of applying such business strategy will flourish or not then we will need to decide that which group will face the atmost impact and thus we will realise it is beneficial or not. I would like to tell you all that a survey from NCARE claims that middle-class people in India is about 267 million, far greater than rich people but less greater than poor people. Hence the opportunity of jobs for the middle-class people will increase at the same time among these middle-class people about 30 percent people have local shops or kiranas. For these people their shops are considered to be the source of livelihood. These people will suffer serious loss if super malls or malls replaces them.

Why one will buy things from these if can it from a supermall with more varieties. Apart from that, FDI will increase the difference between the rich people and the poor people.

Indian economy depends much on middle-class people but if these people will get poor, the will be quite different from growing India to suffering India.

According to me, there should be FDI but up to some extent. As the population of India is still living below poverty line and their livelihood depend on small scale industry and Kirana stores and if we allow FDI than obviously, they are going to have supermarkets and malls and people of India will prefer to go to these stores where they can get more choice and better offers. So, FDI should be up to some extent only to protect all the 3 sectors of the society and to maintain the balance between the poor and rich people.

According to me, FDI in all sectors is the major cause of growing disparity in India. There must be the constraint in certain fields such as agriculture, domestic groceries and pharmaceuticals up to 100%. Everyone must have equal opportunity to avail the benefits of FDI. Moreover, it must not be encouraged to the full extent in any area. Any foreign company must not overshadow our Indian company. It may give a cut-throat competition to Indian market but must not have the potential to uproot it.

Hi, friends.

In my view, FDI is partially good and partially bad.

We should have some control measures to prevent ourselves from the bad one.

If we have done that we may control the disadvantage.

Everyone have their opinion to say on the topic in my opinion, FDI is important but not as the decrease the productivity of their country.

The taxes and other thinks which are taken from other countries for the establishment of their industries are taken more than home productive products.

According to me, it is good to some extent, but 100% in all sectors would be way too much. Our Indian economy would b adversely affected because of it. Major population of our country is poor and FDI will make it poorer. It will eventually widen the gap between rich and poor.

FDI is like making an MNC.

As everything has its, merits and demerits FDI also has.

FDI for investors, it can lead to great profit and for consumers, quality of others countries may be high and better.

But for small investors, it can lead to a loss because consumers will be interested in high quality which may be they will not be able to provide at a lower rate.