Indian Watch Industry Porters 5 Force
FDI in multi-brand retail will benefit farmers, says Bhupinder Singh Hooda
GURGAON: Haryana Chief Minister Bhupinder Singh Hooda today said he was in favour of FDI in multi-brand retail from the very beginning.
"FDI in retail will help farmers. They will get right prices of their produce because companies will purchase directly from them," Hooda told reporters here after the inauguration of Rapid Metro's trial run.
Consumers would also get quality products at comparatively cheaper rates, he said.
"India is second largest producer of vegetables and fruits in the world. During exports, about 30 to 40 per cent fruits and vegetables perish. Once FDI enters in retail, number of cold chains will increase and this will help in avoiding wastage," he said.
Moreover, the role of middlemen would be over and thus farmers would get right price of their produce.
FDI in retail: Traders in Kerala down shutters
3rd oct
THIRUVANANTHAPURAM: Trading activities came to a virtual halt across Kerala today as shop owners downed shutters to protest against the policies of the Central and state governments, including the decision to allow FDI in multi-brand retail.
Early reports from different centres said the response to the shut-down call given by traders' unions like Kerala Vyapari Vyavasayi Samiti (KVVES) has been total, especially in urban areas.
Leaders of the traders bodies wanted the Congress-led UDF Government in the state to come out in clear terms that FDI would not be permitted in the retail sector in the state.
"Though Chief Minister Oommen Chandy has said that FDI in retail will not be allowed in Kerala, the government is yet to come out with an unambiguous policy statement on the issue," a KVVES leader said.
They said KVVES was opposed to FDI in retail anywhere in the country as it would wipe out small and medium retailers in the country.
FDI in single-brand retail fails to gain momentum: Knight Frank report
Foreign investment in
GURGAON: Haryana Chief Minister Bhupinder Singh Hooda today said he was in favour of FDI in multi-brand retail from the very beginning.
"FDI in retail will help farmers. They will get right prices of their produce because companies will purchase directly from them," Hooda told reporters here after the inauguration of Rapid Metro's trial run.
Consumers would also get quality products at comparatively cheaper rates, he said.
"India is second largest producer of vegetables and fruits in the world. During exports, about 30 to 40 per cent fruits and vegetables perish. Once FDI enters in retail, number of cold chains will increase and this will help in avoiding wastage," he said.
Moreover, the role of middlemen would be over and thus farmers would get right price of their produce.
FDI in retail: Traders in Kerala down shutters
3rd oct
THIRUVANANTHAPURAM: Trading activities came to a virtual halt across Kerala today as shop owners downed shutters to protest against the policies of the Central and state governments, including the decision to allow FDI in multi-brand retail.
Early reports from different centres said the response to the shut-down call given by traders' unions like Kerala Vyapari Vyavasayi Samiti (KVVES) has been total, especially in urban areas.
Leaders of the traders bodies wanted the Congress-led UDF Government in the state to come out in clear terms that FDI would not be permitted in the retail sector in the state.
"Though Chief Minister Oommen Chandy has said that FDI in retail will not be allowed in Kerala, the government is yet to come out with an unambiguous policy statement on the issue," a KVVES leader said.
They said KVVES was opposed to FDI in retail anywhere in the country as it would wipe out small and medium retailers in the country.
FDI in single-brand retail fails to gain momentum: Knight Frank report
Foreign investment in