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

Foreign direct investment is good in the retail sector for the growth of India.

In my point of view, FDI must be allowed in India which helps to improve our Indian economy. But it must be restricted in some sectors which should not affect the income of the poor people.

Hello Everyone,

FDI to some extent is important for our development of our economy, some people argued that if Giant like Walmart comes to India it will remove the middle man system and provide good income to our farmers but in reality these giant are themselves big fish act as mediator, they will buy things from farmer in cheap rate and will sell it in market with much-increased price, eventually making poor more poor. Government of many developed countries where Walmart is operating used to give upto 200% subsidies to farmers but for the developing countries like India it will be very difficult to provide such big amount as subsidies, so we need to have limits defined for FDI in retail.

Hello.

A good day to all of you.

All of you said very well.

But According to me, everything should be in a balanced manner. If FDI takes more place in India, it will not prove good for Indian retailers. Their product would not be sale and it results bad for Indian product.

Although the Indian product price is higher than that of others but Indian product life is more than foreign product.

We can invest good through Indian product sales n it will also help to improve our economic conditions also.

Hello everyone,

Till now we have many perspectives for FDI. In my view, if FDI will be applied with strict rules which will be in favor of development of poor, illiterate and rural population because if we want a complete development for our country then it couldn't be possible without these people, we have to follow equity, not equality in are rules. In equality, we create equal opportunities for poor and rich educated people because of that the poor and illiterate population are unable to use that opportunity in lack of information so we should make rules in which the major preference should be given to these people.

In this way with FDI our country's every class can make development because FDI is a good idea but when it will be executed with a proper development strategy.

It can make our country economically strong and can provide employment which is a very big issue for us and can strong our relations with other countries.

In the point that the local shopper will be in loss so here, a solutions can be provided as they can make their business with FDI investors as a local branch.

FDI is must for a developing country like India. With the variation in economic growth rate and increase and decrease in inflation rate, FDI's play a major role in providing stability to the economy. Foreign investments give a boost to the economy by increasing cash flow in the economy. Industries are set up, expansion of previous industries takes place and production are increased meeting the increasing demand and hence by controlling the inflation of the country. SEZ are provided and introduction of GST gives liberty, transparency, and ease to do a business becoming magnet for foreign investment.

In my opinion, 100% FDI in retail sector will adversely effect the social upliftment in India, as it will benefit economic growth but major players will exploit maximum and domestic players will be out of the market. It will generate competition but among foreign countries to how effectively they can exploit the Indian resources by serving cheap products with advanced technology but what about the people who indulged in small businesses, more than 270million people in India are engaged in Shopkeeping business it will first give employment and after that it will take jobs of those 270 million people. FDI is a two faced coin, policies related to it should be properly formulated to avoid any cumbersome.

FDI is as necessary as in our food new varieties are required. Because the competition is must in everybody's life. So until we don't get the chance to prove ourself so there India can't succeed. It is great we get FDI with that we come up with the new technologies so with that our country will get developed and there in the world, we can stand in the good position and be proud of our country by proving ourself.

Hello everyone, as we all know that India is a developing country that's why we are not technologically strong. We are developing but that's not up to limit. But foreign countries who are investing in our country are technologically updated respectively. That's why the products brought by them in our country are generally affordable by the middle-class community. Cost of production of a product in our country will be the cost price of that similar product made by foreign countries. So our home products are running in loss. So we have to try our best to make our technology upgradable so that most of the community can use the country product.

According to me, FDI is good for India It will help to grow nation like a new job opportunity, creation employment for middle-class people.

It will use full for us and our nation.

If the FDI merge with the retail sectors it will more help full for increasing the quality of products.

They will try Maintaining quality at the same rate.

It will help full also controlling inflation And reduced the gap between middle class & poor people.