Friday, November 25, 2011

Opening up of Indian retail market .. Welcome news ..

A big opportunity to benefit farmers ?

The opening up of the $ 400 billion Indian retail market  to 100 % FDI in single brand retail and to 51% multi brand retail is sure to bring down wholesale inflation and help farmers in the country.

In cities with more than 1 million population, we are sure to see a spurt in purchasing. Efficient supply chains for the agri produce and other farm goods on a big scale is a blessing for the country.

With more than 10 million jobs to be created and ten times that to be displaced, we are not sure what the social impact of this move is going to be. But change has to be welcomed with open hands and future is always uncertain.

http://timesofindia.indiatimes.com/home/opinion/edit-page/The-retail-question/articleshow/10859481.cms

ge,,

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