Fdi in retail farmers' perspective
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The document outlines the cabinet's decision on foreign direct investment in India's retail sector, including a minimum investment of $100 million with 50% going to backend infrastructure, 30% sourcing from small Indian industries, and populations over 10 lakh. It provides background on India's retail sector contributing 14% to GDP and employing 8% of the workforce, mostly in unorganized retail. Benefits to farmers are described as access to technology, better prices and quality control. Contentious issues include impact on small retailers and employment.
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FDI IN INDIAN RETAIL INDUSTRY
This document discusses foreign direct investment (FDI) in India, particularly in the retail industry. It defines FDI and explains why countries seek it, noting benefits like increased investment, income, employment, tax revenue, and technology transfer. The global retailing scenario and levels of FDI in the US and China are presented. The document then covers the size of India's retail market, the role of organized versus unorganized retailing, and expected future growth in retail sales. Both the advantages, like technology advancement, employment, economic and consumer benefits, and disadvantages, like initial trouble for small retailers, of allowing FDI in Indian retail are outlined before concluding it will be good for development.
Similar to Fdi in retail farmers' perspective (11)
Overview of Indian SME - ADDVALUE Lean Consulting Firm
Overview of Indian SME - ADDVALUE Lean Consulting Firm
Fdi in retail farmers' perspective
- 2. How we proceed? Abhishek Chaudhari, PPRC
- 3. Cabinet’s Decision • Minimum investment $ 100 million - 50% of which will be in backend infrastructure. • 30% sourcing will be done from Indian small industry. • Population of more than 10 lakh. • Government will have the first right to the procurement of agricultural products. Abhishek Chaudhari, PPRC
- 4. Background of Retail Sector in India • Contributes 14% to the national GDP. • Second largest employer after agriculture. • 8 % of the total workforce. Organized 5% share Retail Unorganized 95% share • Unorganized retail employs 4.4 crore people. ( 2.6 cr in urban areas) • The Indian retail industry was, and continues to be, highly fragmented. • 2001 estimate - there were 11 outlets for every 1,000 people • Retailing is by far the easiest business to enter, with low capital and infrastructure needs, and as such, performs a vital function in the economy as a social security net for the unemployed. Abhishek Chaudhari, PPRC
- 5. Rationales Abhishek Chaudhari, PPRC
- 6. Benefits to Farmers.. Source -IRIS Abhishek Chaudhari, PPRC Contd…
- 7. Benefits to Farmers.. Abhishek Chaudhari, PPRC
- 8. Contentious Issues... Abhishek Chaudhari, PPRC
- 9. Conclusion Abhishek Chaudhari, PPRC