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FDI in Retail
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Foreign Direct Investment = FDI in retail to the tune of 51% is the most emotive subject which I have come across after the imposition of emergency in India way back in 1975. Though reaction to it is not in anyway equivalent to 1975 but it has been described as another act equivalent to inviting East India Company to an act of sedition. Here is what I got an email on it;

We are plummeting headlong into a cauldron of our own making by the day . First the argumant attributed to PM, if that be correct, that foreign companies cannot be stopped from entering, if not sedition then what else? Do we know what ramifications this will have for times to come? Does the bureaucracy not have one member with any spine? After this what else cannot be stopped from entering? It took more time for the Britain to consolidate her gains of 1857 than what has been achieved by their cousins in a decade. Proving, slaves when free can give better service! Creeping back to balkanization by the blinding passion for money and greed the affliction of Indian psyche now bordering reckless abandonment, thanks also to the model of democracy we practice. It sanctifies money bags as the only legal tender; the world cheers. Bags are getting ready in Washington and ‘pause’ may soon become ‘play’ as new bids are met elections approaching With FDI in retail, penetration of our vast pliant markets will open flood gates of foreign owned cash flow, gobble up our small and middle scale industry, real estate business next and soon H’ble Pratibha Patel’s bungalow may revert to the original owners. The Army is already looking like the East India Company Force. Money growth in market alarmingly disproportionate to common needs.No spending in critical areas of education , science ,technology , agriculture . Governance seems numbed every activity getting privatized generating vast corruption in tandem quite unnoticed (Is the Govt packing up to go in exile?). We arent anywhere as manufacture exporting country then how so many rich around? Despite increase in energy costs BMWs and Mercedes seem to only grow in numbers. Panic military purchases only prove how NDA and UPA have collaborated to keep us in strangle hold of arms markets, now to bail out West from its woes as gesture of charity from rising India. The whole concept of 'Rise' is skewed in Indians A small American outpost such as Israel is feeding 30-40% of our military imports! We are dumping sovereignty by the road to feed greed of bad breed at home bent on selling out the nation to forces of globalization. Introduction of FDI in retail, along with so many cascading measures already taken , the nuclear deal, the SEZ policy and more awaiting, such as GM food, corporatization of agriculture , taxing water, etc can only spell doom for common man for whom basic food is becoming unaffordable. Reminiscent and mirror image of how the once an ill provided buccaneering Island emptied our rich country resources and gold into their coffers, built an Empire shedding no English blood but only ours! A remarkably exceptional plunder with no parallel in modern times qualified by equally remarkable plundered exuberantly partnering for their own destruction this partnership seemingly ever stronger; now flying tricolor under the star spangled banner . It is to be seen how far this will carry on!
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Messages In This Thread
FDI in Retail - by Capt M Kumar - 12-02-2011, 06:38 AM
FDI in Retail - by Guest - 12-02-2011, 10:22 AM
FDI in Retail - by sumishi - 12-02-2011, 10:26 AM
FDI in Retail - by sumishi - 12-02-2011, 12:19 PM
FDI in Retail - by dhu - 12-03-2011, 02:24 AM
FDI in Retail - by Capt M Kumar - 12-03-2011, 04:14 AM
FDI in Retail - by Capt M Kumar - 12-03-2011, 07:18 PM
FDI in Retail - by Guest - 12-05-2011, 12:42 AM
FDI in Retail - by ravish - 12-05-2011, 08:00 PM
FDI in Retail - by ramana - 12-06-2011, 01:14 AM
FDI in Retail - by Guest - 12-06-2011, 07:07 PM
FDI in Retail - by rhytha - 12-07-2011, 08:45 AM
FDI in Retail - by Guest - 12-07-2011, 11:35 AM
FDI in Retail - by rhytha - 12-08-2011, 06:34 PM
FDI in Retail - by Guest - 12-11-2011, 10:07 AM
FDI in Retail - by rhytha - 12-11-2011, 02:19 PM
FDI in Retail - by rhytha - 12-11-2011, 02:25 PM
FDI in Retail - by Guest - 12-12-2011, 01:19 AM
FDI in Retail - by sumishi - 12-12-2011, 08:03 AM
FDI in Retail - by sumishi - 12-14-2011, 02:43 PM
FDI in Retail - by rhytha - 12-18-2011, 01:34 AM
FDI in Retail - by priyarawat229 - 07-13-2012, 03:21 PM
FDI in Retail - by ravish - 09-24-2012, 04:58 PM
FDI in Retail - by ravish - 09-24-2012, 05:00 PM

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