The opposition must realize that more FDI means more jobs for Indians. Big chains are not going to destroy the small retailer. If anything, it presses them, to improve their quality of service, and perhaps this is what they are against. To provide a low standard of service and choice which we will be forced to accept. At the end of the day, its the customer who decides where he should spend his money. No one, no party or no government and definitely not the small retailer should oppose giving the customer a choice of goods or where he should purchase his needs from.
Established local retail chains such as Westside, Reliance or Big Bazar, dont seem to have an opposition to more competition and they have definitely not wiped out any of the pop and mom stores. Or is the opposition dancing to the tunes of these local chains by opposing more international competition which would up the ante forthe former and force them to improve their standards. This bill only presents more opportunities for these local chains so that theory can be dispelled.
It would seem that there are no Chinese goods in India now. Look around your own house, take 10 items, 7 will be made in China. The Chinese have moved ahead and dominated ouur homes, while India struggles to dominate its own. Lets stop blaming China for all pur woes.
They are ahead of the curve, we are not and need’nt catch up. We should develop our own curve.
If the opposition is against the bill, perhaps they should come up with an alternate idea which could develop as many jobs, the infrastructure and rejuvenate spending in the biggest middle class in the world. This FDI bill will result in leaner supply chains and better quality, which will be evident in the agricultural sector also.
The opposition is being irresponsible by blocking development, so that they can pass this bill, if and when they come to power and claim they did it.
Its time to look beyond partisan politics and work towards a better India.