FDI in retail to benefit farmers, consumers - NewsX

A lot of dust is being kicked over the government's decision to allow foreign direct investment in multi-brand retail. But let's take a look at how the cycle of supply changes with FDI being brought in. For starters, consumers will get better quality and far greater choice, all at lower prices. FDI will ensure better supply chain, cold storage as well as hygiene. The farmers will be a happy lot. They will pocket a fair amount now that they can cut out the middlemen and sell directly to retailers. The Real Estate industry will be on a high because there will be an automatic increase in demand for large stores. There will also be greater employment opportunities. The exchequer will get some badly needed foreign investment. Kirana stores will be able to buy cheaper goods from wholesalers and domestic retail chains will be able to sell their stakes to foreign companies. But as of now, the debate over retail FDI is still raging.
For more log onto- www.newsx.com