Foreign Direct Investement (FDI) of Retail sector in Maharashtra State.
Today the foreign retail sector company "WalMart" is ready to set-up their stores in each and every State of India. I want every individual living in Maharashtra State to know what exactly is this matter all about!
Just read the following article and think over it.
The decision on Foreign Direct Investment (FDI) is to be taken by State Governments. In case of Maharashtra State, lets discuss what is important.
The WalMart, a FDI, is ready to set set-up their store in Maharashtra. First benefit will be to the farmers because the WalMart will directly purchase the goods from them. Next benefit will be for the customers where they can get all products at low cost because of exclusion of stockiest's or traders. Also there will be a benefit for youth's because there will be a huge requirement to run those stores of WalMart.
So the stockiest's or in-between Traders and small shop owners are opposing the giant WalMart. It is a big matter of concern as they will be losing the earning source due to WalMart.
Hence, the State Government should take a decision that will sustain both i.e. Stokiest's or Traders and the WalMart. Also, the Maharashtra State Government cannot restrict the new and huge job openings in the stores of WalMart.
