Cabinet approves FDI in retail

Government of India decided to allow 51 per cent Foreign Direct Investment (FDI) in multi-brand retail. Many political parties protest against this decision. So is FDI bad for us?

India is a densely populated country. Food inflation is very high. But still Huge quantity of vegetables and rice are rotten. 40% vegetables produced in our country are rotten because small retailers can't preserve vegetables. Huge quantity of rice become useless because Govt. godown are not able to store them properly. If more corporates enter into retail sector then we can reduce wastage of vegetables and rice.

In kerala demand for unskilled workers are very high. So even if some unskilled workers loss job due to FDI, they can easly get other jobs. Here skilled workers go abroad and other states for getting jobs. In kerala, No. of people who do farming is very less compared to people who do trading and act as middlemen. This is affecting productivity of our state. Govt. should give importance to the welfare of farmers and consumers than welfare of traders and middlemen.

World developed from stone age to electronic age by accepting many changes. Herd will always listen to Outdated leaders who talk about Tughluq. They don't know about scientists and other reformers who changed our lives. Most scientists got recognitions only after their death. Herd protested against electricity when it was invented. But now everybody use it. Herd protest against computer when it was invented. People who protested against computers decades ago are now protesting against new technologies through their blogs. Why people who protest against FDI in retail are not protesting against huge difference between rate at which farmers sell and rate at which consumers buy? Why they are not worried about vegetables and rice becoming rotten due to lack of better storage facilities for small traders and Govt. godowns. We should accept the fact that rubber farmers are getting better price because rubber consumers are corporate tyre companies who don't let middlemen make huge profit. Organized retailers who are capable of producing value aded products from crops can provide better rates for farmers. But small retailers are not capable of adding value to crops.

Retailers can make profit by providing services like home delivery. But they prefer to make profit by preventing organized retailers from opening new shops. I don't know why traders who protest against FDI are not protesting against nokku kooli.

Reasons for suicides in Wayanad

Many farmers have suicided in Wayanad district in last few months. Many politicians claim that suicides are due to loss made in farming. Is this the reason for suicides?

I checked news regarding few suicides and found that most of them had more than 2 children. Is high birth-rate the reason for suicides?

If inflation increases then they will have to spend more money for food. If inflation decreases then will get only less money for their crops. If poor people maintain high birth-rate then that will be a burden for the society. Govt. will be forced to spend more public money to help them. Organisations which mislead poor people to maintain high birth-rate are also responsible for these suicides.

In kerala banking is the only profitable business. But if politicians won't let banks to recover money then banks will become bankrupt. If banks can't recover money from debitors then how can they pay interest to investors.

In wayanad, farmers who have more land are committing suicide while people who work for these farmers are living peacefully. If they can't make profit from farming then they should do other jobs and do farming only as part-time job. They can easily find other jobs as in kerala demand for unskilled workers is very high. The main reason for suicides is inferiority/superiority complex.

Politicians are not doing anything to reduce difference between rate at which farmer sells and rate at which consumer buys. They simply encourage farmers to take more loans.

If a farmer make loss then it becomes news. But if he make huge profit from rubber plantation then it won't become news. One solution to this problem is to impose tax on farmers who make huge profit and give that money to poor farmers.

Do we need Grand Prix ?

India's first Grand Prix was a success in terms of response from international community. Jaypee group proved their capability in developing infrastructure.

There are many controversies about the event. Some farmers were forced to surrender land for the project at cheaper than market rate. But that is a small issue compared to commonwealth games. Govt. wasted huge amount of public money for commonwealth games. Govt. should stop spending public money for events like commonwealth games. Reduction of agricultural land due to events like Grand prix will cause high inflation. The solution for this is encorage family planning and not banning such events.

Another allegation is that the event wasted huge subsidized petrol. But the fact is oil subsidy( especially for petrol ) is very less compared to tax. So Govt. is earning tax for every drop of oil wasted.

The promoters of the event asked Govt. to reduce tax. I am also against tax reduction for high profile games. But it is not as bad as Govt. spending public money for useless events like commonwealth games. Some state governments gave tax excemptions for IPL matches. A large number of people in India spend money for watching cricket matches. But only few people get money from cricket in India. Why can't Govt use excess money of BCCI for welfare of people?

Almost 99% money spend by Govt. for sports is of no use. Many people enter into sports with an intension to get Govt. job in sports quota. Many sports personalities like Viswanathan Anand, Abhinav Bindra, leander paes etc who made us proud achieved that without any Govt. aid.

So Govt. should reduce spending public money for sports activities. Govt. should encorage private companies to organize events like Grand Prix and earn tax. This will help Govt. to reduce tax burden from people.