(Online Course) Contemporary Issues for IAS Mains 2012: Economic Issues - FDI in Retail
Economic Issues
FDI in Retail
Ques. What are the benefits?
Ans:
- Increasing FDI investment in India.
- Modern technologies will be incorporated in post-harvest management.
- New management practices will be introduced.
- Farmer will get good price for their products.
- Fruits and vegetable damages can be reduced.
- Easy availability of commodities all places at minimum prize.
Ques. What are the problems/challenges?
Ans:
- Affects millions of small and middle man’s job.
- May create monopoly of market.
- Prices for commodities are subject to be negotiations.
- May exploit poor, illiterate farmers or manipulate them.
Ques. What is the solution?
Ans:
- Government should help farmers to create an organization to help farmers to get fair price.
- Investment in front and back end infrastructure has to be determined.
- Give more attention post harvest technologies and techniques.
- Minimum quantity produced should be borrowed from middle man
