Post Pone FDI in retail for another five years


Prime Minister Dr. Singh,

Yesterday , I attended the meeting of CAIT ( Confederation of all India Traders ), I felt really bad seeing the plight of the traders, and the hell they would be subjected to , should FDI be allowed in India at this point .

Over the last few months, you have rallied all associated departments and ministries to build a case for FDI in retail. I feel sad that you & your government have ignored the fact , that FDI in retail at this juncture will put a big question mark on the means of livelihoods of over a Crore traders in the country .

I have seen that you / your government has been saying that inflation will come down as Wal-Mart , Carrefour , Tesco’s of the world come to India ( Wal-Mart has already come in few years ago ! ).

Prime Minister , remember, that Inflation has not come down despite Wal-Mart being in India . Your government’s logic that supply chain will get strengthened and prices will fall is fallacious . FDI in retail is a wrong justification for strengthening the supply chain , as FDI in supply chain is already allowed, and a lot of wholesalers are already around and more can come in without needing FDI – Why are you fooling around Manmohan ji ? How low will you stoop now to push to agenda of foreigners !!

Even those who are operating Cash & Carry business , are issuing cards to individuals to buy from them, thereby , stabbing the small retailers . Shut down Cash & Carry immediately after a proper investigation . I go to Sam’s Club in the US ( For your information , Sam’s Club is Wal-Mart’s Cash & Carry Venture in the US). Anyone can buy a card for USD 40 and start buying from Sam’s Club. I have gone twice with my friends to Sam’s club and brought goods from the store , my friends are not retailers , but Indian professionals working in the US . So when these retailers do the same in India , what will we do ???

Your government has failed to understand the cause of inflation , and firstly , you said that recession caused inflation ; then recession got over but inflation did not come down. Then you said that irregular and deficient rainfalls are the cause of inflation. Last year , we had good rains and inflation still did not come down. Realizing that there was no answer with your US educated ( read brain washed ) consultants ( Rajan ,Montek, Kaushik & Sam ) , your government said that inflation was due to high growth and it would continue . Study our next door neighbor – China . They have had high growth with less than 5 % inflation !! All your predictions have failed !!

Also remember dear economist, that ‘inflation is reversible but FDI is not’ . What I mean to say is that , when BJP comes to power, it will bring down inflation , but if you permit FDI ( As your government is hell bent on it ) , we will not be able to reverse FDI . So think before -hand !! Don’t jump like the nuclear deal & do another fiasco !!

Sonia Ji is shouting aloud on NAC podium for poor people on one side, and on the other side , both of you have already done a deal with major international retailers , and are hell bent on cracking the back bone of small retailers by allowing FDI

Government has a flawed policy with regards to FDI, as you are saying that you will allow FDI in top 35 towns to start with. This goes contrary to strengthening the supply chain. If you really want to strengthen the supply chain then please ask this big giants to start retail in ‘C’ class towns and then come to B & A class towns !!

Your statement that farmers will get better value because of FDI in retail : Wal-Mart’s of the world are known for extracting even the ‘blood’ of suppliers !! Their labor policy record needs to be closely examined , and how many times they have been fined !

Also, Wal-Mart is failure in Japan ( social dumping & doubts about its quality ) , Korea ( Wal– Mart failed to understand local customers) , Brazil ( Lack of understanding about local culture ) & Germany ( due to cultural insensitivity ) .

I am producing an excerpt from a report

‘Walmartization does not travel well’ Clearly, neither Wal-Mart’s business concept nor its social dumping – the so-called Walmartization – work in developed economies with a social dimension. Many consumers shun the Bentonville giant and prefer to do their shopping in stores where they know that workers are treated correctly and with dignity. There is also more and more uneasiness and suspicion about many of the products sold. Squeezing the last drop from suppliers can hardly promote safety and quality. There is also a growing aversion against buying, consuming and using products which could well have been made under inhuman conditions. That the tide is fast turning against Wal-Mart at home has not gone unnoticed abroad. Consumers start to know that the retail giant denies its American workers their fundamental rights, and many of them vote with their legs, going to other stores if they have a choice. The poor business results in Germany, Korea and Japan should be taken seriously in Bentonville

Another report : This article appears in the November 21, 2003 issue of Executive Intelligence Review. Wal-Mart Collapses U.S. Cities and Towns by Richard Freeman

During the last 20 years, Wal-Mart has moved into communities and destroyed them, wiping out stores, slashing the tax base, and turning downtown areas into ghost-towns. This is accomplished through Wal-Mart’s policy of paying workers below subsistence wages, and importing goods that have been produced under slave-labor conditions overseas. Often, communities will even give Wal-Mart tax incentives, for the right to be destroyed. Wal-Mart both reflects, and is, a major driving force for America’s deadly implementation of the Imperial Rome model. Unable to produce physical goods to sustain its own existence, the United States, like Rome, sucks in imported goods from around the world, using, in this case, a dollar that is over-valued by 50-60%. America has been transformed from a producer to a consumer society.

I believe that Wal-Mart destroyed American Economy and now it is here to kill ours !! Also, since we know that Wal-Mart is a failure in four countries , please produce a report on those four countries .

Also, let us examine that how many small mom & pop stores have shut down with the advent of Wal-Mart in the United States ? Similar study we must do in China .

Let me also tell you why Biyani’s & Ambani’s of the world are wanting FDI ?

Let me ask these retailers one question ? If the retail trade is so good and profitable , why they have the problem in raising money , investing and growing their business – why do they need foreign investment ? The talk that these MNC retailers bring latest technology is also misleading , as Indian retailers are working in a different environment and all foreign CEO’s have been an utter failure so far in India . You can see the example of Reliance Retail ; How many CEO’s have been brought from outside India in the last four years ? I understand that recently a new CEO was hired from Wal-Mart China !! These traders are actually looking at exiting the business by selling their business to these multinationals to make a quick buck !! That’s the real reason they need FDI .

Once FDI comes , farmers will cry for a good deal and Wal-Mart would never give them a fair deal . On one side , farmers are forced to sell land and other side whatever is left with land & cultivation , they would be forced to sell to these MNC chains at a wafer thin margin .

Congress is a killer party for the poor !! Prime Minister Singh , where is your plan to upgrade the current Kirana stores ? Why are you not excited with their welfare . Give them FDI ( Finance from domestic institutions ) , and provide them training .

I call upon Shri Nitin Gadkari , President BJP to stand behind these standalone Kirana store and oppose FDI . We should post pone FDI for another five years and then revisit the issue. A massive peaceful agitation is called for to stop FDI in Retail for the next five years .

Mail is marked to Montek, Raj Jain of Wal-Mart , CAIT and all leading retailers & political parties in India

A Common Man

Rajendra Pratap Gupta

http://www.rajendragupta.wordpress.com

History repeats in Congress – Mrs. Sonia Gandhi & Dr. Manmohan Singh , you must go now !


Mrs. Gandhi , Rahul & Dr. Singh,

Today, this great country is ashamed & aghast due to your cowardly & cold-blooded attacks at Ram Lila Maidan on 4th June 2011. India has reached a new low under your regime !

Every now and then, the supreme court has to intervene and direct the PM & his government to discharge routine duties towards the nation & its citizens. When the constitution of India was written , the constituent assembly laid the foundation of an independent judiciary , legislative & the executive , but due to gross misuse of constitutional powers bestowed upon the Prime Minister through his remote control boss ( Sonia Gandhi ) , you all have forced the Supreme court to run the government on important issues like corruption and high handedness , and this has never happened in the history of India .

Politics & governance under congress has reached the lowest level , and today, everyone realizes that the supreme court is running the nation on a day-to-day basis ( directly or under its fear of intervention ! ). After 4th June , Supreme court will have to make bureaucrats discharge their duties . Jai ho Supreme court and shame -shame for congress !

Congress created hue and cry when Rahul was arrested by Mayawati & now that you have mercilessly beaten up the sleeping protestors ! This clearly indicates a few things :

 1. If one makes black money and does wrong , Congress will not kick you out ! ( means that Congress patronizes people who do wrong things and make money ). I believe, that you could not buy Ramdev through your so-called negotiations , and so you tried to assault him to kill him in cold blood ! I am sure that your government must be now planning to invoke your cronies in CBI , IT , ED & FDA etc to raid Ramdev’s establishments and take him to task. Same you have done to those who decided not to toe your line like Amitabh Bacchan and Narendra Modi

2. If people peacefully fast and demand the black money back , Congress will go and kick out people in mid night ?

This act on 4th June was not short of what is happening in the Arab World !! Mrs. Gandhi , since Congress party is running the government, and you have been the President of AICC & the Chairman of NAC , you have proven to be the most incompetent person in Congress as its leader. All your top functionaries are economists ( Chidambaram , Manmohan , Pranab, Montek ) , still you have failed to bring down the inflation , which was to be done in the first 100 days of coming to office !! , Common man has been left behind in all that your party is doing !

Congress has been reduced to the party of scams in the name of social schemes ! Corruption has become the order of the day & currency in this nation . Foreign media has tagged India to be more corrupt than developing ! A. Raja has become amongst the top most corrupt person in the recent international list released by a leading magazine . You are bringing down the country before the global forums . We cannot tolerate this as Indians , and I request you as a common man to resign and go immediately !!

I request the opposition parties to declare a “Corruption , mehagaye aur tanashaye ke virudh Bharat Bandh” ( preferably on a Sunday , to cause least inconvenience to people ) as a show of resentment against your dictatorial and corrupt rule . Congress has always played the politics in the name of Poor , Gandhi family and Religion and cheated the innocent poor for decades , it is time to end this rule . All national leaders marked in this email must come forward so that we do not repeat what happened on 4th June .

I must put these facts before you

The Indian Emergency of 25 June 1975 – 21 March 1977 was a blot in the name of democracy by Indira Gandhi 

 4th June 1989 , Tiananmen Square happened, and Sonia Gandhi’s Congress did it again on 4th June 2011

3– 6 June 1984, Congress stormed the Golden Temple and killed Sikhs in Operation Blue star Congress leaders led to mass killing of Sikhs post the death of Indira Gandhi

4th June 2011, Congress brutally attacked peaceful protestors in cold blood with an aim to assault Baba Ramdev, repeating the history of Gandhi’s & Congress , and the party has the audacity to call itself as United Progressive Alliance (UPA ) ? Shameful acts . This is what happens when you are afraid of being exposed and your black money is under threat ; Go out and kill innocent in cold blood , and , finally, the Supreme court has to take suo moto action for this cowardly act.

If you have to show courage , go to Pakistan and do an act like America did to capture Dawood Ibrahim !

Though this email , I request our national leaders in the opposition to promise that they will honor our Supreme court judges with at a least Padma Vibhushan ( if not Bharat Ratna ), who woke up our highly educated but ignorant PM to act against Raja, and the judges who took suo-moto action for the cold-blooded attacks on peaceful protestors on 4th June .

Our Tiananmen Square has happened, and now our Egypt like protest must happen . Time for India for a ‘Doosri Azadi’ from this inefficient , corrupt , bankrupt & dictatorial government . Sonia and Rahul are failed politicians and bankrupt with ideas , and a liability on the congress . I am hoping congress will stop idol worship of these two leaders; who brought down the congress in the eyes of a common man, and India in the eyes of the world & hopefully opposition will rise up to restore the faith of the common man

A Common Man

Rajendra Pratap Gupta

www.rajendragupta.wordpress.com