Farmers gain from big retail, no loss to kirana stores: ICRIER
New Delhi (PTI): Amid a debate on whether organised retail kill livelihood of mom and pop store owners, an official study on Monday said there was no real threat to neighbourhood 'kirana' stores from modern retail chains. In fact, farmers as also consumers stand to gain from organised retail in terms of competitive pricing, says the government-sponsored study. There is "no evidence of a decline in overall employment in the unorganised sector as a result of the entry of organised retailers," said the report by think tank ICRIER. However, it admitted that initially, mom-and-pop stores located in the vicinity of big malls have seen drop in sales and profit, but the impact would disappear in the long run. It said farmers benefit significantly from direct sales to organised retailers. "Profit realisation for farmers selling directly to organised retailers is about 60 per cent higher than that received from selling in the mandi." At a time when inflation is ...