Wednesday 12 December 2012

FDI

FDI







Here comes the FDI in India. After such a long tussle the government of India has ultimately won a clear majority in Parliament in order to ensure that the FDI is going to come in India. After such a long journey replenished of protests, rebuke and condemnation the government of India has finally emerged out victoriously. In Lok Sabha everyone was sure that the government is having a clear majority, if parties such as BSP(Bahujan Samaj Party) and SP(Samajwadi Party) don't vote, and the same thing happened BSP and SP abstained from voting and became neutral and Congress got a clear majority in the Parliament. In Rajya Sabha the way was little harder than the Lok Sabha but in Rajya Sabha BSP(Bahujan Samaj Party){fearing government's resentment and Central Bureau of Investigation} paved the way for the government to have a clear-cut with a clear majority in the parliament. SP's abstinence also played a major role here helping the government to crush the confidence of Opposition Parties and get what it want "A reform edge" that will help them woo the big industrialists and businessmen in the 2014 elections.
 Now lets talk about FDI. FDI is just like a coin having two faces, one with sweet consequences and the other with dire. If FDI comes in India, the middlemen who exploit the farmers to earn profits will be exterminated as big firms like WAL-MART will buy things directly from the farmers. But if so many big companies are going to invest in India, will not the prices of things rise. Will our small retailers and shop-keepers be able to work? Will those big companies give small term loans to farmers and poor people? Will the growth of the nation continue to be at the pinnacle? And what will happen to the small retailers who have to do a lot of work to make their both ends meet? Will not they face any competition? Will not there be a monopoly of foreign companies in Indian Market?
There are many questions and we have to be very careful.

 Jai Hind
Jai Bharat
Jai ma bharti.  

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