Mar 04, 2024
Mar 04, 2024
More by : Dr. Rajinder Puri
|Nothing is true from what Mr. Rajendra Puri says in the first paragraph.
FDI is not good in retails in India for the same reason for which Germany kicked out WALMART. Mr. Rajendra should spell out how Walmart/FDI
benefits retailers and How Indian retailers cannot. Indian big capitalist can do
better than Pantaloons given hard working Gujaratis and Marwadis talent.
Mr. Narendra Modi went to Japan and invited auto industries, manufacturing
industries and not the retailers , small or big/Walmart.He invited industrialist
and not the retailers small or big/Walmart. Mr. Modi's policy is certainly
PRO-FDI. But views and policy differs to serve the purpose. Mr. Modi, I am
sure, will certainly iron out the difference provided present UPA-2 government
invites him with a clear mind to agree where it can. Mr. Modi will stand by
what he said publicly. FDI is good and bad. It depends upon psyche of the
person who directs the policy. BJP is neither stupid nor sold out. BJP is second major political party in the nation. Should it not be supported?
A very balance article, like a bullet shot in wind finally hitting "bull's eye".
Modi must explain - and people must know the backgrouod irrespective of whether Mr. Modi provides explanation or not.
A probable "political" explanation can be - "the FDI in retail is different than an FDI in manufacturing industry - it's different !"