Friday, September 21, 2012

FDI in Retail

Again was left wondering about certain things happening around..

Government has passed FDI in retail. There was one day BANDH i.e., close all over India. Is it the solution to our problems? We all know it very well that no FDI is going to help poor farmers. The solution is only when we ourselves try developing good storage facilities and infrastructure at grass root levels. Only then farmers will get maximum profit out of their produce, the way AMUL and white revolution have done it for milk producers. We need an indigenous solution not FDI. And its onus is also on us (IRMANs) I think.

It is a good business opportunity as well as a national issue that needs an Indian intervention not something foreign.

Nidhi Bansal

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