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Allowing FDI in retail - India

Indophile
Posts: 1,414
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11/29/2011 12:03:58 AM
Posted: 5 years ago
The political party in power wants to allow FDI in the retail sector (only up to 51% though), whereas the opposition party is opposing it. They just can't seem to come to any agreement.

The usual arguments

Pro - Efficiency in the supply chain, creation of jobs, etc.
Con - Disastrous for local suppliers, consumers becoming captives of large supermarket chains, etc.

What's your opinion on it?

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Lordknukle
Posts: 12,788
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11/29/2011 8:59:19 AM
Posted: 5 years ago
No doubt.
Investments stimulate economy.
"Easy is the descent to Avernus, for the door to the Underworld lies upon both day and night. But to retrace your steps and return to the breezes above- that's the task, that's the toil."
Lordknukle
Posts: 12,788
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11/29/2011 5:52:15 PM
Posted: 5 years ago
Private investments though. The government cannot do sh!t.
"Easy is the descent to Avernus, for the door to the Underworld lies upon both day and night. But to retrace your steps and return to the breezes above- that's the task, that's the toil."
Willoweed
Posts: 150
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11/29/2011 7:31:06 PM
Posted: 5 years ago
At 11/29/2011 5:52:15 PM, Lordknukle wrote:
Private investments though. The government cannot do sh!t.

If by $hit you mean be more efficient in the health care industry, pharmaceutical industry, insurance industries, prisons, courts, workers comp, retirement, utility(energy, water) industries, and aiding the poor than the private market. And also being able to save the economy trillions of dollars through regulations. Then you'd be totally correct
Lordknukle
Posts: 12,788
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11/29/2011 9:59:41 PM
Posted: 5 years ago
At 11/29/2011 7:31:06 PM, Willoweed wrote:
At 11/29/2011 5:52:15 PM, Lordknukle wrote:
Private investments though. The government cannot do sh!t.

If by $hit you mean be more efficient in the health care industry, pharmaceutical industry, insurance industries, prisons, courts, workers comp, retirement, utility(energy, water) industries, and aiding the poor than the private market. And also being able to save the economy trillions of dollars through regulations. Then you'd be totally correct

Willoweed, I laugh at your ignorance and sheer stupidity. Do you know why the US is in a 15 trillion dollar debt hole?
Hint: Its not because of the private market.
"Easy is the descent to Avernus, for the door to the Underworld lies upon both day and night. But to retrace your steps and return to the breezes above- that's the task, that's the toil."
Logic_on_rails
Posts: 2,445
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11/30/2011 12:17:52 AM
Posted: 5 years ago
Obviously FDI should be favoured. It conforms to things like free trade, a market economy and so forth - all good economic reasons to support it. If you need empirical evidence look at China's growth, a lot of it is due to FDI.
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Willoweed
Posts: 150
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11/30/2011 12:42:13 PM
Posted: 5 years ago
At 11/29/2011 9:59:41 PM, Lordknukle wrote:
At 11/29/2011 7:31:06 PM, Willoweed wrote:
At 11/29/2011 5:52:15 PM, Lordknukle wrote:
Private investments though. The government cannot do sh!t.

If by $hit you mean be more efficient in the health care industry, pharmaceutical industry, insurance industries, prisons, courts, workers comp, retirement, utility(energy, water) industries, and aiding the poor than the private market. And also being able to save the economy trillions of dollars through regulations. Then you'd be totally correct

Willoweed, I laugh at your ignorance and sheer stupidity. Do you know why the US is in a 15 trillion dollar debt hole?
Hint: Its not because of the private market.

LOL so your response to the fact that the government is more efficient in many areas related tot he economy and has regulations that save trillions of dollars is to mention the debt. If the private market were to take over all government services the economy would tank because the private market so less efficient then the government.
Willoweed
Posts: 150
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11/30/2011 2:25:35 PM
Posted: 5 years ago
At 11/29/2011 9:59:41 PM, Lordknukle wrote:
At 11/29/2011 7:31:06 PM, Willoweed wrote:
At 11/29/2011 5:52:15 PM, Lordknukle wrote:
Private investments though. The government cannot do sh!t.

If by $hit you mean be more efficient in the health care industry, pharmaceutical industry, insurance industries, prisons, courts, workers comp, retirement, utility(energy, water) industries, and aiding the poor than the private market. And also being able to save the economy trillions of dollars through regulations. Then you'd be totally correct

Willoweed, I laugh at your ignorance and sheer stupidity. Do you know why the US is in a 15 trillion dollar debt hole?
Hint: Its not because of the private market.

By the way dipshit private sector debt is more than 3 times larger then government debt. ROTFL I realize thinking is hard for you but damn at least try it.
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