Showing posts from November, 2011

FDI in Retail in India

The debate rages on.
This is one area where ringing in the new may not be quite what the nation needs....
Instead of the friendly neighbourhood, dhoti-clad grocer selling you rice, atta and dal, you will be piling up all sorts of mostly superfluous items on to your shopping trolley and get checked out of store by young, suited and booted, extra-polite MBA degree holders.
Among the many pros and cons of the issue of FDI in retail, I am concerned that the aspects of consumerism and environmental burden receive no mention at all. We already have plenty of supermarket chains chock-a-block. In the race to offer items at cheaper rates, supermarkets outdo each other with very alluring offers. Those who can afford it, will continue to make use of these offers, even if they do not need the item!
All these chains most likely include CSR departments, whose most evident job is to put out notices of reduced plastic / polythene use, even as more items are packaged attractively in plastic. Why is n…