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

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.

In my opinion, FDI to some extent is good for our country as it creates job opportunities for the youth. There will be a healthy competition between the foreign companies and local companies to capture the market which is good for the customers as they will get better quality products at cheap rates. But as we know that it has some drawbacks also as it directly affects the small scale industry in the country and the local retailers also. So it is very important that small scale industries should also be empowered by the government as we can't rely completely on foreign companies and we need to become self-sufficient which is very important for any country to achieve growth.

Partially good or bad!

The Reason behind that is, now recent times India is world third last country to received FDI in the year 2016-17, but people generally think if FDI inflow increase than employment as well as technology will boost up. But we know that our prediction is going wrong cause FDI has generally come in existing country, now foreign country's are investing their money in it as well e-commerce sector due to this reason India is growing jobless.

2nd reason is that India's tax policy is not constant its changing time to time and our intellectual property rights is not enough strong as required so many companies are scared to in retail sector.

Hello friends, according to my point of view FDI is not good for India because if we allow the FDI then the Indian market goes down and the job opportunity for Indian people become less. India is the 2nd fastest economy country in world. So we can create our own investment and spread through the world. Then the market of a Indian investment will go high and the job opportunity for Indian people is also high.

As you can see example of Patanjali (Ramdev Baba products). After launching the product Patanjali Maggie, the selling of a foreign brand of Maggi is gone down. This is best example and you can easily understand and banned the FDI product.

Thank You.

Firstly, it's important to understand what does FDI actually means. It means that a company from foreign country invests in one country to set up a buisness which would be helpful for them and for the country tuey investing too. Here, Retail sector is the part of country economy, a kind of buisness which supplies goods through store, internet etc. To buisness in our country, FDI was banned till 2011 then the government allowed the foreign investors. With FDI, our country's economy would develop which is very much necessary for a developing country. It also provides employment to youths in our country and somewhat of unemployment isssue would be solved.

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.

Hi, everyone. In the presence of digital role model of our country PM Narendra Modi, we should focus on made in India, not made for India. One thing we need to understand that until and unless we do not fully focus on self-dependent. We can't able to make our country digital India.

Now coming to the point FDI yes we all knew that it will lead to global integration, it will generate employment. But one thing we need to understand that all these things will not allow us to become a developed country. Why we are not thinking of setting up our huge company that will generate employment and later we will enlarge these to country like US, CHINA, JAPAN.

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.

Hello everyone,

In my opinion, FDI should be increased in retail sectors in India as it will surely lead to the development of some new distribution channels which will, in turn, will benefit the customers only.

Secondly, due to the demonetization effect as well as GST introduction our economy is facing a huge problem in retail sectors as many people have even shut down the shops FDI will work as a motivation for them.

And hence better condition than now.

Also more the FDI more will be innovation in the retail sector which will cut down the unnecessary cost in distribution so no unnecessary addition to the cost of the product.

Definitely, FDI will increase dollar cash flow, development of the human resources, and employment opportunities for India but as a developing country, too much dependence on FDI is bad for India. Our Indian economy's major part is based on small-scale businesses and with this, 40% contributing sector of our economy will suffer a lot because of FDI. With the cash flow, FDI will also lead to Inflation over a period of time. In my opinion, Foreign direct investment is not as beneficial for India as developed countries. FDI can have more negative impacts on India's economy, human resources, natural resources, and politics.