Essays /

Notes Essay

Essay preview

Fear of economic liberalisation has struck once again. The hue and cry among the Indians regarding the white wash of the nearby “kirana” shop has started making noise. Two decades ago the scene was no different. Domestic players were crying under the fear of being wiped out by the International players. Situation might differ but the concerns not very. On 24th Nov, cabinet in a historic move cleared a decision that has taken some time in the making and has been the topic of debate for several years, the FDI in retail. With allowance of 100% FDI in single brand retail and 51% FDI in multi brand retail the move though still to be passed in parliament has already created uproar. With arguments on both side of the debate taking fast pace, the picture if not clear, appears to be getting dirty everyday. The decision came at the time when India is facing a sluggish economic growth, a gloomy global outlook (Euro crisis and US sluggish economic recovery). Ranked as the 4th most attractive nation for retail investment among 30 emerging markets...

Read more


-3 -30 100 14 18 1997 2 20 2010 2011 2015 24th 30 4.4 400 401 435 4th 50 51 58 6 60 673 800 85 accept advent ago agricultur allow almost alreadi also amiss among ampl anoth appear argument atleast attract back back-end base best better big bigger biggest billion bn brand bring busi buy cabinet came candi capit carri cash caveat cent chain challeng changer china clear cold compet concern consult consum contribut could count countri creat creation cri crisi crumbl cut debat decad decis deep definit detail develop differ direct dirti discuss displac domest econom economi edg effici emerg end entail entiti estim euro eurozon everi everyday exampl exist expect expens exploit export extent eye eye-candi face farmer fast fastest favour fdi fear ficci fine firm food foreign form forward fourth free gdp get global gloomi good govern graft grdi greater greatest grow growth high histor hole home hue imf increas independ index india indian industri ineffici inflat inflow infrastructur intermediari intern invest job job-loss kearney kirana korea lead leader led liberalis like long loss lost major make manag mandatori mani manmohan manufactur market mean might million minist mood move much multi nation nearbi need new nois note nov one option organ organis orient outlook output overt pace parliament parti pass path pay payout peg per perish pictur player pocket point polici portion post predatori prevail price prime print protectionist provid put question rank reason receiv recoveri reduc reduct reform regard relief remov retail right role rs saw scandal scene sector segment sens servic sever shop show side singh singl situat slow sluggish smes sour sourc south start still storag store stori strengthen struck studi subsidi success suffer suppli system tackl take taken tame term though time tofdi tool topic total turn two uproar us us-bas viewpoint wait wash wastag way welcom well whether white wipe world would year yrs