FDI in retail debate - Part 1
By D. Dhanuraj FDI in retail sector has been a pending decision from the Government. That too at a time everyone ditches at the Governance for the lack of direction and the reform drive. Corruption, scam, tainted image of the Government.. all are adding pressure to the Government. It is argued that any such reform like FDI in Retail can push the Government forward and shed the image of stagnation in Governance. In India, organised retail sector is not going to be a threat to kirana shops in the immediate future as India is diverse and the Purchasing power of each family and individual vary a lot. The organised retail is a long way to get accomplished as we lack the supply chain management, ware housing, processing, refrigeration etc. They say more than 33 million are going to lose their livelihoods as a result of this policy. I wonder how it going to be as it is not Tsunami to strike the small merchants over night. there is a trade off always in any sort of changes happen...