Advantages and Disadvantages of Fdi in India Essay

1 Dr S Narayan is Head of Re reckon and Visiting Senior Re assay Fellow at the Institute of South Asian Studies (ISAS), an autonomous re chase institute at the National University of Singapore. He was formerly Economic Adviser to the indigenous take care of India. Dr Narayan can be contacted at snarayan43gmail.com. The look ats expressed in this paper atomic number 18 those of the author and do not necessarily reflect those of ISAS. In kinfolktember 2012, the organization of India announced several(prenominal) economic polity reform measures that included a move to tout ensembleow 51 per cent outside claim coronation (FDI) in multi- smear sell. In the same announcement, it unleashed norms for inter subject say putment in the aviation sphere of influence, forgeting planetary airlines to invest in domestic peers and cleared a slew of other reform-oriented measures an incr exempt of FDI in some publicise services. The growth of FDI in sell has attracted consid er able policy-making debate. The matter was first proposed by the political science in 2010, but had to be withdrawn because of political reverse. This time, the G all overnment appears to be firm in pushing the indemnity through. It is possible to adduce several reasons for the determination of the Government. First, the ruling United Progressive Alliance (UPA) Government, and in finicky the Congress party, has been battered by allegations of corruption and scams all through 2012, and call fors a breather to pass water its authority to govern. The criticism in the strange media and by academics that the Government has been in a state of policy paralysis, which has pr regularted it from taking plane basic measures to improve governance, has hurt its image. 2The crisis in coal supply for big businessman generation and the poor progress of floor projects consider given the impression that closing maker decisions have stupefy to a halt. On the trade front, the growing c urrent account deficit, as well as the weaken of the rupee, has been seen as warning signals for the economy. The growing fiscal deficit, the inability to visualize expenditure on subsidies, and a retardant economy have caused international investors and rating agencies to d holdgrade expectations around the Indian economy. The in style(p) GDP yield figures of 5.3 per cent are lowerthan the expectations of the Government and the Re al group Bank of India alike, and the persistent inflation is hurting the entire tonic waterulation, especially those with fixed incomes. in that location was, therefore, a need to induce some governing agency about the economy. In the past, the current account deficit was bridged by FDI, inflows into capital commercialises, and through inwardremittances. Of these, the first two had seen a slap-up drop in 2010 and 2011. The equity markets were duty 30 per cent below pre-2008 crisis levels, with little appetite for refreshful capital trim ba cks. FDI was dropping steadily after 2008 and dropped to 40 per cent of the 2011-12 level in the subsequent year. The naughty fiscal deficit was in like manner crowding out private borrowings. In short, there was need for a correction to infuse external capital into the economy by improving the sentiment in the financial markets and by giving a signal that could restore FDI flows. The reform announcements of September 2012 were an attempt at that. There were other arguments as well. The sell vault of heaven in India has been growing at a combined yearly growth say of 6.4 per cent over the period 1998-2010, and is estimated to be worth approximately Rs. 50,000 crores (US$ 10 meg) in 2010. However, the contribution of organised sell remains low. As against the United States, which has the organised to unorganised ratio of 8515, in India, it is whole 1090. Organised sell has been growing rapidly and is expected to have a share of 22 per cent before 2017. There are also sever al aspiration-related growth drivers for sell. Indias per capita income, in real name, has doubled between 2000 and 2011, and income levels are expected to triple in nominal terms in the next 20 years. Average real planetary household income has grown at an annual rate of 3.8 per cent from 1985 to 2005. The middle class population as defined at an income level of Rs. 200,000 and above at the 2000- price level is expected to summation to 40 per cent of the population by 2025. Per household consumption expenditure has also doubled in the last decade along with rising income levels. The fast footfall of urbanisation is also changing consumption patterns. As per the United Nations state of the populations draw, 40 per cent of Indias population is expected to reside in urban agglomerates by 2030. Finally, the demographic pattern of the population, with 60 per cent of the population at 35 years or slight, is driving consumption towards much than modern, technically innovational products that are the strength of modern sell outlets. In terms of the share of the unhomogeneous firmaments in the retail industryin India, clothing and nutriment have a share of 38.1 per cent and 11.5 per cent respectively, concord to the IBEF retail report 2011. 3As per the Indian Governments announced policy, FDI in multi- grease retail is to be allowed only in towns which have a population of more than unitary meg, which restricts the entry to around 35 cities. The minimum amount to be brought in by the exotic player is US$ c million 50 per cent of the total FDI brought in should be invested in back-end infrastructure such(prenominal) as processing, logistics, warelodging and processions in manufacturing. Fresh agricultural products may be unbranded. FDI in multi-brand retail trading in the form of e-commerce would not be permissible. Asset creation is expected to be d unity primarily by the foreign player. The advantage, from the Governments point of view, is an inc reased opportunity for employment. It is estimated that organised retail has created over 1.5 million jobs in the period 2005-2009. The quality of employment is also superior to the opportunities in the unorganised domain. The organised heavens would make a higher contribution to tax revenues through increased VAT and eventually, GST revenues. From the point of view of customers, they are likely to get better products, lower defective items, increased pick and quality of products, and the accessibility of world-wide products in local anesthetic markets. For the husbandmans, there would be a reduction in the level of intermediaries, improvement in supply chain management, requisite infrastructure in cold chain, warehousing and transportation logistics, technological improvements in crop production, and rational and fair pricing of products. The limitation of applicability to cities with a population of one million or more implies that this would be applicable only to 35 cities in 15 states. These are Andhra Pradesh, Bihar, Delhi, Gujarat, Haryana, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal. It is also stipulated in the policy that State Governments and Union Territories would be free to subject their own decisions in regard to the writ of execution of the policy. In perspective, this policy appears to have several significant positives. It is an executive decision, well within the purview of the executive, with no need for parliamentary approval. First, on the economic side, this would lead to modernisation of retail and investiture in technology, logistics and thevalue chain. Second, there would be opportunities of greater, higher quality of employment. Third, multiplier effect can be had in the domestic economy in the fields of warehousing, transportation and ancillary activities. Fourth, this uncovereds up opportunities for improving the quality of employment in these sec tors. Fifth, there is an assurance of greater revenue mobilisation. Sixth, this would lead to more inward capital flows and investments. Against this backdrop, there has been strong opposition to the move and political parties are lined up to oppose the move. One of the members of the UPA, the Trinamool Congress, has walked out of the alliance on this issue, leaving the Government technically in parliamentary minority, though they have the outside support of two major parties from Uttar Pradesh. 4The opposition puts forth several arguments. First, that unorganised retail in India is run by a large number of low-spirited entrepreneurs who serve the immediate neighbourhood, and who would be driven out of business by the sexual climax of large supermarkets. There is curtilage that this has happened in some states in the US and in clearer towns in the United Kingdom and Australia. The microscopic stores would not have the technological capability or the financial muscle to compete on friction match terms with the large retail chains, and hence would be at a disadvantage. The strength of small retail lies in familiarity with the customer, that enables credit transactions to take place and provides for customer conveniences like small quantities and inhabitation delivery, which would not be possible from a large retail chain. Further, the very nature of large retail investment would require large real estate space, requiring transportation and higher transaction volumes. Therefore the judgment is elitist, gettable only to a select few in the higher income ranges, and not of use to the mutual man, who constitutes of over 50 per cent of the plain and small-town consumers. So runs the argument. Secondly, it is contended that farmers would be at a disadvantage. The large retailers would be in a position to enforce supply contracts that would push farm prices down, therefrom tingeing farmers incomes. Third, the tendency to stock mass-manufactured goods would lead to more imported goods universe on offer, to the disadvantage of local manufacturers. Finally, the smaller retail stores are able to offer employment to even unskilled workers, of whom there areplenty in India. The employment requirement in large multi-brand retail stores would be for the better skilled, thus driving the poorer out of employment. These are some of the other arguments being advanced. Existing traders are lobbying hard with their own state administrations against the introduction of FDI in retail. At the same time, large local retailers, who have multi-brand shops, do not also want the international names to come in, as they fear they would not be able to meet the competition. At the level of media, and even at the political level, these arguments are more in the estate of opinions and estimation, and not based on every hard analytical evidence. Firstly, the FDI retail shops would be set up in only 35 towns in the country, thus leaving most of the smaller ret ail shops untouched. Further, even in the larger urban centres, the requirement of real estate for these large stores is likely to be such that only a small number would be set up in each town. The advent of modern malls and composite obtain centres has not, in the last decade, disturbed local shopping habits or shopping centres. Rather, it has catered to a different class of young, urban consumers who are looking for products that are usually not available at traditional retail stores. It is also difficult to argue that sell in India does not need to modernise, along with the economy, and that modern warehousing, inventory management and efficient logistics entrusting not be of advantage to the consumer. Finally, it is also curious that there is little objection to multi-brand retail if it is owned by Indian retailers the objection is only to FDI in retail. Perhaps this is because local large retailers do not want to face international brand competition. It is also 5curious tha t there is little objection to FDI in single-brand goods. The fear of mom and pop stores being displaced and branded retail taking over the entire retail segment is perhaps overstated. It is of lead possible that the arguments are entirely in the realm of politics. No doubt the strong lobbies of the existing small retailers as well as the established Indian multi-brand retailers are adding to the fervour of the arguments, but the epicentre of the issue appears to be the political scene. Currently, the UPA has lost a major ally in the Lok Sabha, detect lower house of national Parliament, and depends on the support of Samajwadi Party and Bahujan Samaj Party, two opposing parties in Uttar Pradesh (against both of whom theCongress fought in the recent state elections). In the upper house, the Rajya Sabha, the Government does not have the numbers for the vote. The ruling alliance, as already mentioned, has been weakened in 2012 by complaints of non-performance and a number of allegati ons of corruption it is perhaps natural for the opposition parties to press home their advantage when the UPA is weak. There is little to be achieved as the FDI decision is an executive decision, improbable to bring down the Government. So, this political tussle would only reveal the combination of political forces and allies in a kind of muscle-flexing for the next General elections, now slated for in 2014 in the normal course. The downside would be that international confidence in governance in India would be further weakened, and in fact, may lead to vacillation to invest in India. It is therefore vital that the Government should sail through these discussions and win a determinant vote in Parliament. . .FDI in sell sector in India How does this strike you?Health & Lifestyleby EditorRetailing defines the direct interface between the manufacturers and the end users who are basically someone consumers. The retail business owners stock up all goods after purchasing it directly from the manufacturers and then sell it to individual customers keeping a profit gross profit margin for themselves. Of late the retailing industry in India has bloomed with much covet success causing positive impact on the national economy. As per the recent revelations by the frequent International Management Consultancy AT Kearney, India has been considered the second most lucrative destinations of the world for retail business. call for what is FDI and boil around itIn India, retailing industry is segregated into two classes- organized retailing and unorganized retailing. create retailing entails trading conducted by licensed retailers and unorganized retailing includes all types of low cost trading like local shops, small roadside stores and temporary shops or door to door selling of various goods.Until now, according to the Indian retailing laws, Foreign pose enthronisation in multi-brand retail market was prohibited. just political sympathies is thinking to open the F DI in retail in India which implies that foreign investment in retailing is possible up to 51%. Now the announcement of retail FDI in India has triggered a series of debates on both positive and negative broadsheets and become political issue. So lets discuss these things, what all this means to you through advantages and disadvantages Advantages of FDI in retail sector in India Growth in economy overdue to coming of foreign companies new infrastructure leave alone be build, thus real estate sector will grow consequently banking sector, as capital need to be required to build infrastructure would be provided by banks. Job opportunities Estimates shows that this will create about 80Lakh jobs. These career opportunities will be created for the most part in retail, real estate. But it will create positive impact on others sectors as well. Read about career options in Retail sector.. Benefits to farmers In most cases, in the retailing business, the intermediaries have dominated th e interface between the manufacturers or producers and the consumers. Hence the farmers and manufacturers lose their actual share of profit margin as the lions share is eaten up by the middle men. This issue can be resolved by FDI, as farmers major power get contract farming where they will supply to a retailer based upon demand and will get good cash for that, they need not to search for buyers. Benefits to consumers Consumer will get variety of products at low prices compared to market rates, and will have more choice to get international brands at one place. Lack of infrastructure in the retailing chain has been one of the uncouth issues in India for years which has led the process to an incompetent market mechanism. For example, in spite of India being one of the largest producers of vegetables and fruits, lack of proper count of cold storages has significantly affected the selling of these perishable items. FDI might help India overcome such issues by channelizing the resourc es in the right manner. In the last years, the Public dispersal system is proved to be significantly ineffective. In spite of the fact that the government arranged for subsidies, the victuals inflation has caused its negative impact continuously and it can be handled by FDI.Disadvantages of FDI in retail sector in India According to the non-government cult, FDI will drain out the countrys share of revenue to foreign countries which may cause negative impact on Indias overall economy. The domestic organized retail sector might not be competitive enough to tackle international players and might unlax its market share. Many of the small business owners and workers from other functional areas may lose theirjobs, as lot of people are into unorganized retail business such as small shops. However the government is quite stringent on this issue and determined to allow FDI in India. The actual impacts would be find over time and trough then the laymen have nothing but to hope for the be st Walmart Lobbying and political Corruption in Retail FDIRecent reports presented by Walmart to US Govt. revealed that it spend Rs. 125 cr in lobbying Indian lawmakers to get access to Indian market. These facts are serious, if Govt. is doing all this in favour of bribery and money then results might not be good as it is projected. Since Walmart will continue to mould things in their favour by lobbying and bribery as political corruption is well known in Indian politics. They can be purchased easily.Showing Results For disadvantages of fdi in retailDIPP circulates Cabinet note on freeing FDI norms for housing sector 16 Sep 2013FacebookTweetShareThisEmailpic tender Delhi The Commerce and Industry Ministry has circulated a draft Cabinet note on relaxing FDI norms for the housing sector, which proposed easement the three-year lock-in period among other things. DDIP, Cabinet note, FDI norms, housing sector, FDI guidelines, rbi notifies rendering ofcontrol in context of FDI14 Sep 20 13FacebookTweetShareThisEmailpicMumbai The taciturnity Bank notified the definition of term control in relation to foreign direct investment and revised the list of states where FDI is permitted in multi-brand retail. rbi, FDI, RBI notification, RBI policy, Reserve Bank, multi-brand retail , Government notifies changes in FDI policy, paves way for larger overseas investments 12 Sep 2013FacebookTweetShareThisEmailpic bare-assed Delhi The government has notified changes in the FDI policy, paving the way for larger overseas investments in sectors such as multi-brand retail and telecommunication. FDI policy, FDI notification, India FDI policy, overseas investments, Foreign investment, FEMA regulations, Malls to set in 35 percent of modern retail sales by 2016, says report 11 Sep 2013FacebookTweetShareThisEmailpicMumbai With popularity of mall culture on the rise, these swanky shopping centres are expected to contribute to more than a third (35 per cent) of the modern retail sales in the next three years, says a report. malls, shopping, retail, sales, india,No case for Indias rating downgrade by global agencies Rangarajan 13 Sep 2013FacebookTweetShareThisEmailpic red-hot Delhi Government has already interpreted a host of reform measures and there is no case for any downgrade of Indias sovereign rating by global agencies, tiptop Ministers notice economic advisor C Rangarajan utter. C Rangarajan, India rating downgrade, India growth projection, Prime Ministers key economic advisor, Indian economy, FDI , Walmart India plans possiblyat nett stage, says government official 31 Aug 2013FacebookTweetShareThisEmailpic cutting Delhi orbicular retail giant Walmart is expected to soon firm up its plan to foray into Indias multi-brand sector, a top government official on Friday said. Walmart, FDI, Foreign mold Investment, Department of Industrial Policy and forwardings, Walmart Asia boss Scot, multi brand retail, Formation of Civil Aviation Authority crucial for deve lopment Survey 09 Sep 2013FacebookTweetShareThisEmailpicNew Delhi Liberalized FDI norms have the potential to put the aviation sector on the growth track but gross issues are major impediments for the industry, a take after has found. Civil Aviation Authority, FDI, Indian civil aviation sector, informality in FDI, Aviation sector, taxation, India Inc hails relaxation in multi-brand retail norms02 Aug 2013FacebookTweetShareThisEmailpicNew Delhi Hailing governments announcement to relax investment norms in multi-brand retail and raising FDI caps in several sectors, India Inc said that the reforms were much-needed and will boost the confidence of foreign investors which will help in reviving the economy. FDI in retail, FDI in India, Changes in FDI norms, FDI inflow in India, FDI caps, Government to further liberalize FDI policy, says Chidambaram 31 Jul 2013FacebookTweetShareThisEmailpicNew Delhi Faced with sliding rupee, Finance Minister P Chidambaram on Wednesday said government wi ll further liberalize the FDI policy and encourage public sector undertakings to cite funds from overseas markets. P Chidambaram, FDI, FDI in India, FDI policy in India, FDI in retail ,Government eases FDI norms in multi-brand retail, allows degree Celsius percent investment in telecom 02 Aug 2013FacebookTweetShareThisEmailpic Norms for Multi-brand Retail Trading (MBRT) relaxed Eased authorisation 30 pc local sourcing norms for MBRT players Local sourcing norm to apply only in first mesh topology FDI cap in telecom raised to 100 pc from 74 pc up to 49 pc through automatic route and beyond that via FIPB FDI in India, FDI inflow in India, FDI in multi-brand retail, FDI in telecom, FDI cap in India, FDI cap in telecom sector, catch up with more at http//post.jagran.com/search/disadvantages-of-fdi-in-retailsthash.iXvt8E8g.dpuf RBI allows non-resident investors to buy shares under FDI scheme 07 Sep 2013FacebookTweetShareThisEmailpicMumbai The Reserve Bank today allowed non-resid ent investors, including NRIs, to buy shares of Indian entities listed on recognised stock exchanges under FDI scheme, but subject to certain conditions. non-resident investors, NRI investors, FDI scheme, FDI investment, FEMA regulations , Government clears 17 FDI proposals worth Rs 993 crore04 Sep 2013FacebookTweetShareThisEmailpicNew Delhi The government has approved 17 foreign direct investment (FDI) proposals totalling Rs 992.61 crore, while recommending the Rs 2,058 crore Jet-Etihad deal for final clearance to the Cabinet. Foreign direct investment, FDI in India, FDI proposals, Pending FDI proposals, Jet-Etihad deal, Union Cabinet, FDI proposals approved , Traders will protest if government raises FDI cap in retail CAIT 16 Jul 2013FacebookTweetShareThisEmailpicOpposing any hobo in FDI cap in multi-brand retail, apex traders body CAIT Tuesday said such a move will not only affect interest of small traders but would also have a negative impact on the economy. FDI, hike in FDI, F DI in multi brand retail, CAIT, Manmohan Singh, Rajnath slams FDI in multi-retail, says it would increase unemployment 25 Jul 2013FacebookTweetShareThisEmailpicWashington Describing Bharatiya Janata Party as pro-reforms, BJP electric chair Rajnath Singh has defended its decision to oppose Foreign Direct Investment in multi-brand retail arguing that such a move would aggravate the unemployment problem in India. Bharatiya Janata Party, Rajnath Singh, Foreign Direct Investment, FDI in multi brand retail, Indian economy, Government eased norms for FDI in multi-retail under pressure from global retailers Meenakshi Lekhi 03 Aug 2013FacebookTweetShareThisEmailpicNew Delhi Bharatiya Janata Party (BJP) spokesperson Meenakshi Lekhi has alleged that easing norms for Foreign Direct Investment (FDI) in multi-brand retail had come after specific lobbying by global retailers like Walmart and Tesco. BJP spokesperson Meenakshi Lekhi, global retailers, FDI in multi-brand retail, lobbying by global r etailers, UPA government, Disadvantages of unrestricted offices revealed09 Jul 2013FacebookTweetShareThisEmailpicThere are advantages and disadvantages to an open-plan office a single giant room where there is not much to separate you from a co-worker seated next to you. Open-plan office, single giant room, distraction, distracted environment, Gensler, Karnataka agrees to implement FDI in multi-brand retail27 Jun 2013FacebookTweetShareThisEmailpicKarnataka has joined 11 other states and union territories that have agreed to allow foreign direct investment (FDI) in multi-brand retail. Karnataka government, FDI in multi-brand retail, FDI in Karnataka , FDI in retail, Government may tweak retail FDI norms to ease entry of global chains 03 Jul 2013FacebookTweetShareThisEmailpicThe government is considering tweaking the FDI policy in retail sector so as to allow global chains like Walmart, Carrefour and Tesco to open multi-brand stores in non-hilly cities with a population of less than one million. FDI in retail, FDI policy in retail sector, FDI norms in retail sector, FDI cap in retail sector, FDI in multi-brand retail in non-hilly cities , Industry gives thumbs-up to governments FDI decisions18 Jul 2013FacebookTweetShareThisEmailpicGovernments decisions to relax limits for FDI in a dozen sectors are most timely and will boost investor sentiments, India Inc said. FDI decisions, India Inc, CII, Assocham, FICCI, FDI in retail, FDI in telecom, E-commerce firm Snapdeal.com ties-up with Hypercity Retail29 Aug 2013FacebookTweetShareThisEmailpicNew Delhi E-commerce firm Snapdeal.com on Thursday entered into a strategic compact with Hypercity Retail, a part of the K Raheja Group, to sell Hypercitys products on its portal. Snapdeal.com, Hypercity Retail, E-commerce, Snapdeal.com-Hypercity tie-up, Hypercity merchandise, See more at http//post.jagran.com/search/disadvantages-of-fdi-in-retail/2sthash.BRqA4Hrr.dpuf Showing Results For disadvantages of fdi in retailWalmart expresses inability on meeting sourcing norms in the multi-brand segment 23 Jul 2013FacebookTweetShareThisEmailpicNew Delhi The worlds largest retailer Walmart has expressed its inability to the government on meeting the sourcing norm in the multi-brand segment that requires 30 percent procurement from small industries, stating it can procure only about 20 percent. Walmart, Walmart in India, FDI in retail, FDI policy, Procurement from small industries, Commerce and Industry Minister, Anand Sharma, Government to introduce indemnification policy Bill in Winter Session of Parliament 05 Sep 2013FacebookTweetShareThisEmailpicNew Delhi Finance Minister P Chidambaram said that the indemnification Laws (Amendment) Bill, which seeks to raise the foreign equity cap in the sector to 49 percent, will be taken up in the Winter Session of Parliament. Insurance Bill, Insurance Bill India, Insurance Bill 2013, FDI in Insurance, Winter Session, Finance Minister, P Chidambaram, Centre and states s hould be cautious in implementation of FDI 29 Jun 2013FacebookTweetShareThisEmailpicWhat is this FDI, which can bring the Parliament of India to a grinding halt, why it has become a political debate that a coalition partner had to withdraw its support from the government at the outset of this issue and the opposition took it to the streets to oppose with tooth and nail. Why would a country seek FDI, an acronym for Foreign Direct Investment, if it had actually managed without it till the conception and relevance of FDI in India ? FDI, FDI in India, FDI inlfow in India, FDI cap in India, FDI in retail issue, Retail inflation for farm and rural workers eases marginally 21 Aug 2013FacebookTweetShareThisEmailpicNew Delhi Retail inflation for farm and rural workers has come down marginally to 12.80 percent and 12.61 percent respectively in July, even as prices of food items and cloth remained high. Retail inflation, Farm workers, rural workers, inflation in July, Agriculture Labour, Consu mer Price Index, up-to-the-minute news, No proposal to hike FDI cap in banking sector Government24 Aug 2013FacebookTweetShareThisEmailpicNew Delhi There is no proposal to hike foreign investment ceiling in the banking sector, the government said. FDI, Banking sector, FDI in banking, Indian banks, FDI proposals, Latest news, Sensex slumps in morning trade following profit-booking by retail investors 23 Aug 2013FacebookTweetShareThisEmailpicMumbai The BSE benchmark Sensex on Friday fell by 61 points in morning trade as funds and retail investors book profits after previous sessions gains. The 30-share barometer declined by 61.96 points, or 0.34 per cent, to 18,250.98 with wellnesscare, FMCG, PSUs and power stocks succumbing to profit-booking. The index had surged by 407.03 points on Thursday after four sessions of losses. Sensex, BSE, NSE, Sensex slumps, Sensex slumps in morning trade, latest news, Mayawati slams government move to open retail sector to FDI26 Nov 2011FacebookTweetSha reThisEmailpicSlamming the Centres decision to allow FDI in retail, UP captain Minister Mayawati on Saturday alleged that it was taken to benefit companies of foreign friends of Rahul Gandhi and said that her government would not allow it in the state. FDI in retail, UP Chief Minister Mayawati on FDI, opposition oppose FDI in retail, advantages of FDI in retail,disadvantages of FDI in retail, government on FDI in retail, Centre on FDI in retail , New FDI rules, a setback for foreign and local retailers08 Jun 2013FacebookTweetShareThisEmailpicNew rules requiring foreign supermarkets to set up their own warehouses and stores in India are likely to further delay the entry of companies like Wal- demoraliset Stores Inc, increase costs and hurt cash-strapped local retailers eager to partner with foreign companies. FDI, FDI rules, new FDI policy, Wal-Mart, FDI in India, FDI in retail sector , RBI hikes FDI cap in Asset Reconstruction Companies to 74 percent 20 Aug 2013FacebookTweetShareT hisEmailpicNew Delhi The Reserve Bank hiked the limit for foreign investment in Asset Reconstruction Companies (ARCs) to 74 percent from the earlier cap of 49 percent. Reserve Bank, FDI, Asset Reconstruction Companies, FDI in ARCs, FDI proposals, Latest news, FDI in hospitality sector increases to USD 2.23 billion in April 11 Aug 2013FacebookTweetShareThisEmailpicNew Delhi Reflecting increased interest of foreign players in the countrys hospitality industry, the hotel and tourism sector witnessed a sudden spurt in FDI in April, attracting USD 2.32 billion. FDI in hospitality, FDI, hospitality industry, fdi inflow in india , See more at http//post.jagran.com/search/disadvantages-of-fdi-in-retail/3sthash.rPoIwVLG.dpuf Government cornered, Pranab briefs Cong mononuclear phagocyte system on FDI, inflation 30 Nov 2011FacebookTweetShareThisEmailpicWith Government being cornered over various issues, Finance Minister Pranab Mukherjee on Wednesday briefed party MPs about the rationale behin d allowingFDI in retail as also steps being taken to address inflation and blackmoney so that they could counter to opposition attack. government on FDI, Latest on Indian Economy, Latest on FDI reforms, FDI in retail scares Indian bulk market, FDI in India, FDI in retail, advantages of FDI in retail, disadvantages of FDI in retail, Congress Kerala on FDI, Congress in inflation , 65 percent more traffic on online retail sites Assocham16 Aug 2013FacebookTweetShareThisEmailpicMumbai With the festive season round the corner, there is a 65 percent increase in online shopping from last year, according to industry body Assocham. Assocham, retail portals, online retail websites, online shopping, shopping portals, latest news , Telecom sector received Rs 58,782 crore FDI in last 13 years 19 Aug 2013FacebookTweetShareThisEmailpicNew Delhi The countrys telecom sector has received a cumulative foreign direct investment (FDI) of USD 12,865 million (Rs 58,782 crore) in the last 13 years, which co mprises 7 percent of the total FDI inflows. Telecom sector, FDI in Telecom, foreign direct investment, FDI inflows, Milind Deora, Latest news, Onion prices soar to Rs 60 per kg in Delhis retail market12 Aug 2013FacebookTweetShareThisEmailpicNew Delhi Onion prices have soared to Rs 60 per kg in the retail market of the national capital due to lower supply from producing regions. Onion prices, Onion prices in Delhi, Onion retail price, Safal stores in Delhi, Onion price hike, Government not considering ban on onion exports despite high prices 24 Aug 2013FacebookTweetShareThisEmailpicNew Delhi Government is not considering any proposal to ban onion exports as the hike in price of the commodity is not because of outward shipments, Food Minister K V Thomas said. onion exports, onion prices, onion price hike, onion retail price, India onion exports, latest news, SC dismisses petition repugn FDI in multi-brand retail01 May 2013FacebookTweetShareThisEmailpicThe Supreme Court on Wednesday upheld the government policy of allowing Foreign Direct Investment (FDI) in multi-brand retail. Supreme Court, FDI in multi-brand retail, FDI in retail, Foreign Direct Investment, thurify sticks may affect your health Study06 Aug 2013FacebookTweetShareThisEmailpicLos Angeles Incense sticks could come with a health risk, a new research has shown that keen these generate indoor air pollutants, which may lead to inflammation in human lung cells. Incense sticks, Incense sticks health risks, Incense sticks health woes, health hazards of Incense sticks, disadvantages of incense sticks, Put blanket ban on FDI in brownfield pharma parliamentary panel 14 Aug 2013FacebookTweetShareThisEmailpicNew Delhi A Parliamentary panel has recommended a blanket ban on any FDI in brownfield pharma projects, or ones in which stake is acquired in an existing company, while investment of more than 49 percent would go to the Foreign Investment Promotion Board (FIPB). FDI in brownfield pharma, brownfield pha rma, FDI, Foreign Investment Promotion Board, Reserve Bank of India, latest news, CPI shares pulpit with BJP over FDI in retail08 Mar 2013FacebookTweetShareThisEmailpicLeaders of BJP and Left Front shard the dais in Ram Lila Ground to oppose the Central Governments decision allowing Foreign Direct Investment in retail sector. FDI in retail, Retail FDI, BJP, CPI, Rajnath Singh , Stilettos High on fashion, low on health26 Jul 2013FacebookTweetShareThisEmailpicNew Delhi The tick-tack of high heels usually spells high-end fashion But do you know that wearing stilettos on a regular basis entails health hazards? Experts say slipped disc, knee arthritis and plantar fasciitis (a painful inflammation on the doctor of the foot) are common problems faced by women who wear them on regular basis. Stilettos, side effects of Stilettos, Stilettos health hazard, disadvantages of Stilettos, health woes of Stilettos, See more at http//post.jagran.com/search/disadvantages-of-fdi-in-retail/4sthash.o6 mEEjXv.dpuf Showing Results For disadvantages of fdi in retailNDA will roll back FDI in retail if voted to power Rajnath13 Mar 2013FacebookTweetShareThisEmailpicRollback of FDI in multi-brand retail will be the top priority of NDA coalition if it is voted to power in the next general elections, BJP head teacher Rajnath Singh said on Wednesday. Rajnath Singh, FDI in retail, NDA, FDI in multi-brand retail, protest against FDI in retail, FDI rises 25 percent to six-month high of USD 2.32 billion in April 15 Jul 2013FacebookTweetShareThisEmailpicForeign direct investment (FDI) into India increased 25 percent year-on-year to USD 2.32 billion in April, the highest level in the past six months. In April 2012, the country had received FDI worth USD 1.85 billion, accordingto entropy from the Department of Industrial Policy and Promotion (DIPP). Fdi, fdi increases by 25pc, foreign inflows, fdi in India, liberalizing fdi, Walmart continues US lobbying on FDI in India23 Apr 2013FacebookTweetS hareThisEmailpicWalmart continued to lobby with the American lawmakers over Indian retail FDI rules during the first quarter of 2013, even as a probe is underway into the global retail giants US lobbying activities for facilitating its India entry. Walmart lobbying in US, FDI in India, Indian retail FDI rules, Foreign Direct Investment, Government clears IKEAs Rs 10,500 crore FDI proposal03 May 2013FacebookTweetShareThisEmailpicThe government on Thursday allowed Swedish furniture major IKEA to invest Rs 10,500 crorethe biggest ever FDI proposal in single brand retail for setting up home furnishing stores in the country. FDI proposal, IKEA, Swedish furniture major, Single brand retail, Manmohan Singh, Cabinet Committee on Economic Affair , Karbonn A29 available on e-retail sites23 Jul 2013FacebookTweetShareThisEmailpicNew Delhi Karbonn has turn out its new Karbonn A29 for sale on online retail stores for a price of Rs 8990. However, the device has not been formally launched. Karbonn A29, Android 4.1, Wi-Fi, Bluetooth, GPS, Karbonn, FDI in retail06 Oct 2012FacebookTweetShareThisEmailpicFDI in retail is being projected as a panacea for all the ills plaguingagriculture. It is expected to raise farmers income, murder middlemen, help consumers get a low price, and of course remove the massive wastage that we see in the farm supply chain. FDI, FDI in retail, economic reforms, UPA, Devinder Sharma blogs, Jagran blogs, Govt raises FDI limits in 12 sectors, clears 100 pc foreign investment in telecom 17 Jul 2013FacebookTweetShareThisEmailpicThe Central Government has liberalized the Foreign Direct Investment (FDI) limits in several sectors on Monday, opening the doors for foreign investments. It has approved 100 percent raise in the telecom sector and also increased the limits in other sectors, mainly to boost up the national economy. Foreign direct investment, FDI, 100 percent FDI in telecom, FDI limit in 12 sectors, FDI in Telecom, Telecom FDI, India reforms, FDI l iberalization, US welcomes Indias FDI decisions20 Jul 2013FacebookTweetShareThisEmailpicWashington Ahead of Vice President Joe Bidens visit, the US has welcomed Indias decision to increase foreign direct investment in key sectors like defence, telecom and insurance. FDI in India, FDI reforms in India, FDI cap in India, Indian economy, Walmart , NCP not to allow FDI in retail in Maharashtra05 decline 2012FacebookTweetShareThisEmailpicEven as it voted in favour of FDI in retail, UPAs key constituent NCP on Wednesday struck a discordant note by saying that it did not support implementation of the decision in Maharashtra. Praful Patel, FDI in Maharashtra, FDI vote, FDI debate, FDI in Maharashtra, BJP vows to oppose FDI in retail till its last breath07 Mar 2013FacebookTweetShareThisEmailpicAssuring support to the traders opposing the Congress-led governments decision to allow FDI in retail, BJP leader Arun Jaitley said on Thursday that his party would oppose the move till its last breat h. See more at http//post.jagran.com/search/disadvantages-of-fdi-in-retail/5sthash.9m02kf4N.dpuf Raising FDI caps to boost Indian economy17 Jul 2013FacebookTweetShareThisEmailpicThe series of foreign direct investment proposal approved by the Union Cabinet in key areas of defence, insurance and telecom along with others would provide the much needed boost to the Indian economy, a top Indian industry leader has said. Fdi, Cii, fdi approved by union cabinet, indian economy, fdi in defence, fdi in telecom, Arvind Kejriwal seeks referendum on FDI in retail08 Dec 2012FacebookTweetShareThisEmailpicSocial activist Arvind Kejriwal who recently launched the Aam Aadmi party on Saturday demanded a referendum on FDI in retail. Arvind Kejriwal, referendum on FDI, FDI in retail, FDI vote, FDI debate , FDI in retail will be good if it benefits farmersKalam15 Dec 2012FacebookTweetShareThisEmailpicFormer President Dr APJ Abdul Kalam on Friday said FDI in retail would be good if it benefits lakhs of farmers in the country. APJ Abdul Kalam, FDI in Retail, Indian Farmers,RLD speaks in favour of FDI in retail05 Dec 2012FacebookTweetShareThisEmailpicLending support to foreign direct investment (FDI) in multi-brand retail, the Rashtriya Lok Dal (RLD) on Wednesday said the move will not destroy small manufacturers and farmers. Jayant Chaudhury, RLD, FDI in retail, FDI debate, FDI vote, SC expresses concern over FDI policy, seeks governments response 22 Jan 2013FacebookTweetShareThisEmailpicExpressing its concern over the Parliaments nod to the Foreign Direct Investment in multi-bran retails, the Supreme Court on Tuesday asked the Centre to file its response within five weeks on how it intends to safeguard interests of small traders after FDI is allowed in retail sector. Supreme Court, FDI in retail, FDI policy,PM to discuss FDI related issues with Cabinet members today16 Jul 2013FacebookTweetShareThisEmailpicPrime Minister Manmohan Singh will on Tuesday evening discuss the proposal to hike foreign investment caps in sectors like telecom, retail and defence with his senior Cabinet colleagues. Manmohan Singj, FDI cap in India, Hike in FDI cap, FDI in India, FDI in different sectors in India , Government open to debate on FDI in retail Kamal Nath26 Nov 2012FacebookTweetShareThisEmailpicThe government was open to discussions on foreign direct investment (FDI) in retail, Parliamentary Affairs Minister Kamal Nath said on Monday ahead of an all-party meeting on the ongoing logjam in the Parliament. Kamal Nath, FDI, FDI in retail, FDI in Parliament, Parliamentary panel suggests revival of pharmaceutical PSUs16 Aug 2013FacebookTweetShareThisEmailpicNew Delhi A Parliamentary Committee has suggested revival of pharmaceutical public sector undertakings like HAL and IDPL for large scale production of affordable generic medicines to be provided to common man. Pharmaceutical public sector undertakings, Pharmaceutical companies, FDI in Pharmaceutical Sector, generic medicine s, generic medicines supply, Latest news, FDI in retail Small shops giving competition to big retailers 27 Feb 2013FacebookTweetShareThisEmailpicTraditional retailers are giving a strong competition to organised retailers and the decision to permit foreign retailers to open stores in the country will not affect small players in India, the government said on Wednesday. FDI in retail, Economic survey 2012-13, Unorganised retail sector, Kirana stores , Last word on FDI in retail has not been said BJP12 Jan 2013FacebookTweetShareThisEmailpicBJP on Friday said the last word has not yet been said on the FDI in multi-brand retail issue and the party would revisit the decision of the UPA government if it comes to pow See more at http//post.jagran.com/search/disadvantages-of-fdi-in-retail/6sthash.AYmUF1Bg.dpuf