fdi

@anil2154 (145)
India
December 10, 2011 12:37am CST
For many days FDI has been a hot topic. The logjam in parliament continued for many days regarding the fdi. Many people think that it will lead to reduction in small time retailers and farmers would bear the grunt if foreign retailers are allowed in India. But in my view bringing foreign retailers will prove to be a boon. The farmers will be able to sell there goods directly to the retailers. The concept of middlemen will completely finish. This will help in increased growth of farmers and reduce inflation. What you all have to say about this?????
1 response
@sajujohn (1005)
• India
22 Dec 11
As you said is correct up to a certain extent.inflation will reduce, farmers will get the benefits etc etc. But have you ever thought about the situation after some time, may be around 7-8 years. Due to this FDI, the products will be globally available and the big wholesalers will look for the places from where they get the products for reduced rates and due to this the farmers will be compelled to reduce their rates to avoid the damaging of their products and eventually their life will become more miserable.
18 Jan 12
I agree with you John.In my opinion it would be best if we tried doing collective farming.AS farmers could make good produce and provided with good transport they can sell their produce in cities at reasonable rates.what are your views?