Monday, September 24, 2012

FDI-small words

FDI: Foreign Direct Investment in retail, I think no government will consciously take any step against aam-admi. Note: a step means an action, reaction may not be honest or courageous. But if you are not a supporter of reservation, why hypocrisy? we should give opportunity to the deserving; even if he is from USA or China. This is structural reform, one taxi is replacing 20 rickshaw-wallah, if you have this reason, then .. :) . I know - a poor will suffer for the moment, but there is hidden betterment of his next generation. More than that the farmer will be direct beneficiary, and we the consumer. Lets not quit from challenges, accept it and face it.. lets hope that our soul will wake up and we'll use our potential to hit back big foreign retailer like Wall-Mart. If a wall-mart node replaces 5000 jobs, that means it gives you extra 5000 man power. Now utilizing that is our job; and I think the growing surrounding will absolutely absorb it. The back-end spectrum will open many other opportunities. I accept that I am not completely okay with PM's speech. He has forgot the actual diesel user and petrol user. Diesel is used by people who cannot have a bike even.. and I feel this number is more important than people who has a two wheeler. Honesty is the best policy, though it may be tough!!! We should not hide our weakness, as it may make you smart for few minutes but fool for lifetime. Lets accept the fair fight!!! Last but not least-we should remember that we were looted in the same way by British!

References:
http://pmindia.nic.in/speech-details.php?nodeid=1226
http://ibnlive.in.com/videos/294491/fdi-in-retail-will-increase-farmers-income-montek.html