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

Hello everyone. FDI ie. Foreign direct investment is investing in a country by the companies of foreign country. In my opinion, FDI in retail sector is beneficial. As it increases the GDP of our country, give more employment opportunities to people of the country, make the market more competitive so the companies of our country also make its performance better, give consumers more choices from all over the world at competitive prices, raise the standard of living of people.

Hi friends.

As per my opinion, everything has pros and cons.

So positive impact of FDI:

A) It will surely boost the economy.
B) it will generate the employment but only in MNC;s because the investment will not be done in the unorganized sectors.
C) It will make the India a huge market in terms in every feild.

Cons-.

A) Generate more unemployment because it leads the downfall of unorganized companies.
B) threat to startups because majority investment will be done in established companies.
C) India market will lose its value.

Suggestion:

A) some part of FDI should be in unorganized sector and startups.

Hi friends, FDI is benefit for Indian government because foreign currency in our country deposited. There is money bank provided for loan Indian business man's because Indian economy is well growth. But benefits for only one Indian government. .

There are positive and negative sides for FDI.

Mainly, FDI increases the economic growth of our country. It also helps in employing those who are unemployed. It will be a great relief to those lakhs of people who are unemployed in India. Another merit of this is that consumers are capable of buying a variety of goods which has good quality.

On the other hand, these destructors our Indian small-scale industries and that led to a crisis of Indian investment in their own country.

But this will be only in concentrated areas. In rural areas, Indian companies are the ones which can invest because FDI is not possible on such rural areas of the country.

Hello Friends.

Everything has pros and cons.

Pros.

1. Economy size will increased.
2. GDP will increase.
3. Technology will improve.
4. Good quality products.

Cons.

1. FDI will transfer the employment from unorganized to organized sector so total no of employment will decrease.
2. Lose small scale industry.
3. Bad quality products on less rate.

Hello friends, FDI means investment of foreign companies in our country and this results to increase the GDP of our country. If foriegn companies will come in our country it decrease unemployment of our country. Due to increase in companies there is a competition among Indian and foriegn companies and this results to be better things will come in market. It will give us a number of choices of things in market.

FDI will increase our market size but it will take away the small retailers and the household industries and the employment of those who have no degree or those who are uneducated.

But the tax revenue will increase as the companies will pay the taxes more fairly than our medium and small enterprise bit surely this will make us dependent after some couple of years then these companies will threaten us to DESTROY our economy.

Or, These giant foreign monsters could also do lobbying with our ministers which is even more harmful than tax evasion done by MSME, FDI in certain limits is always well and good but 100 % FDI is like giving 100% quota to a foreign student in our own universities.

GDP will increase but it will create unemployment in the country. FDI will fetch all profits to there countries. Indirectly it will be dangerous for our Indian retailers. Our own people will doing job for them and they will rule on our economy.

FDI is Foreign Direct Investment in which a company which has its base outside India will set up its branch in India and start doing buisness. It can be advantegeous from point of view of consumer and goverment. This is because because of FDI many companies will come to India with their own products thus the customers will get a wide variety of choices and in terms of prices, and from the point of view of government when a MNC will come to India then it will buy land and give taxes to our government which will increase our economic growth. The other merits of FDI is that when a company set up its branch then it will introduce new technology so in order to operate these machines it will hire people thus it is providing employment to the youth and at the same time exposure to our young generation. But as we know every coin has its two faces in a same way there are some cons of introducing FDI in retail sector as for example if it is providing employment to our youth then at the same time it is a major cause of unemployment as it will ruin our small scale industries which is directly or indirectly employing lakhs of people so if these industries are closed then a huge amount of people will get unemployed.

Thus in conclusion we can say that FDI should be introduced in some percentage in retail sector not 100%.

Some strict rules and regulations and at at the same time government should support the local industries until.

They get economically strong so that they can compete in the global market.

Hello everyone.

Yes. Absolutely foreign direct investment in retail sector is good for India. It provides us new job opportunities and we could do best in business. To be specific if multinational company like wallmat, spencer k mart, dmart are willing to invest, then surely it is beneficial for us. I think Indian should take advantage of fdi and show economic growth.