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wiseowl
Senior Member
Joined: 04/Mar/2009
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Posts: 295
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   Posted: 30/Nov/2011 at 10:33am |
Originally posted by TCSer
Can SOMEBODY THROW SOME LIGHT ON APMC & its impact on the pricing of food in India & what wud be the impact of allowing FDI in retail on it?
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No impact virtually. APMC is a govt/ govt mandated agency to buy produce from the farmers. Only they can buy in bulk quantities from farmers. It is basically a "middleman" . Each state (though there could be some exceptions) has its own APMC rule . There are very cumbersome rules like farmers can sell only within their own state. i.e, to the APMC of their state., etc. The bottomline : food inflation remains high in India because of govt regulations on supply and price.
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You alone are responsible for your actions.
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jamesvaikom
Senior Member
Joined: 19/Sep/2009
Location: India
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Posts: 122
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Posted: 01/Dec/2011 at 1:39pm |
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"India has 600 million farmers, 1,200 million consumers and 5 million traders. Both farmers and consumers are benefited by FDI in retail,"
http://economictimes.indiatimes.com/news/economy/agriculture/fdi-in-india-farmer-bodies-throw-their-weight-behind-retail-fdi/articleshow/10939054.cms
Retailers can make profit by providing services like home delivery. But they prefer to make profit by preventing organized retailers from opening new shops. Organizations of unorganized retailers are acting like organized criminals.
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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Posted: 01/Dec/2011 at 2:07pm |
ET is biased with a capital B because of their inteest in a few retailing companies. Why can't these guys disclose vested interest upfront?
Originally posted by jamesvaikom
"India has 600 million farmers, 1,200 million consumers and 5 million traders. Both farmers and consumers are benefited by FDI in retail,"
http://economictimes.indiatimes.com/news/economy/agriculture/fdi-in-india-farmer-bodies-throw-their-weight-behind-retail-fdi/articleshow/10939054.cms
Retailers can make profit by providing services like home delivery. But they prefer to make profit by preventing organized retailers from opening new shops. Organizations of unorganized retailers are acting like organized criminals. |
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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jamesvaikom
Senior Member
Joined: 19/Sep/2009
Location: India
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Posts: 122
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Posted: 02/Dec/2011 at 12:00pm |
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Dear basant sir,
According to me we should give importance to whether points discussed in articles are valid or not. Promoters of most financial media are active in trading and investing. But still we take many investment decissions after reading articles. But I agree that should make disclosure.
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rohit1889
Senior Member
Joined: 25/Jun/2011
Location: India
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Posts: 518
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Posted: 02/Dec/2011 at 12:16pm |
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I think FDI in retail will be a boost for logistics and cold storage sector due to mandatory investment.
Which are the good players in this sector?
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If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored.
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wiseowl
Senior Member
Joined: 04/Mar/2009
Online Status: Offline
Posts: 295
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Posted: 02/Dec/2011 at 3:41pm |
Originally posted by rohit1889
I think FDI in retail will be a boost for logistics and cold storage sector due to mandatory investment.
Which are the good players in this sector?
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New players that are not listed could emerge... 
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You alone are responsible for your actions.
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ravi123
Groupie
Joined: 21/Sep/2011
Location: India
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Posts: 48
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Posted: 02/Dec/2011 at 6:08pm |
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The retail sector comprising Walmart has about 400 billion dollars in revenues employs slightly over 1.4 million people. The retail sector in India is similar in revenues to Walmart and employs about 44 million people. Such labour intensity is definitely a curse and is something which cannot be disturbed as repercussions of the same will see people living on roads in India.
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2013-2019 equity bull run like the 2003-08. Sensex to see levels of 50,000-60,000.
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ungboysj1
Newbie
Joined: 21/Nov/2011
Location: India
Online Status: Offline
Posts: 25
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Posted: 02/Dec/2011 at 7:34pm |
Originally posted by ravi123
The retail sector comprising Walmart has about 400 billion dollars in revenues employs slightly over 1.4 million people. The retail sector in India is similar in revenues to Walmart and employs about 44 million people. Such labour intensity is definitely a curse and is something which cannot be disturbed as repercussions of the same will see people living on roads in India.
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I do sometime think that what is the aim of any sector/company in an economy to increase productivity or to generate employment. We can't have a business in a "free" economy for generating employment ,if generating employment is the main priority why not get rid of machines/computers and have everyone employed , how many jobs have been lost due to them Also how many Chinese & Indians have got American company jobs & their own people are unemployed, as companies aim is to increase productivity & minimize costs not to generate employment Although i m not a fan of it , but In capitalism all concentration should be on increasing productivity even if it means job losses , we can't have jobs only for sake of it What we do need is better labor laws to stop labor exploitation
Edited by ungboysj1 - 02/Dec/2011 at 7:34pm
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