Fdi In Retail And Its Influence On Indian Agriculture

Rao, Abhishek K P and BHalla, Gagandeep and Geetha, E (2016) Fdi In Retail And Its Influence On Indian Agriculture. IOSR :Journal of Business and Management, 2. pp. 58-63. ISSN 2319-7668

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Abstract

India is witnessing phenomenal growth in economy for past two decades exclusively the middle class in India has significantly stretched and its purchasing power also increased on the other hand. From the year 2006, for the first time the government alleviated retail policy, creates provision through the single brand retail route to allow maximum of 51 per cent FDI. Subsequently then, an unleashed flow can be witnessed in Indian retail sector. Conversely, structured retailing in the agricultural sector of India however remains in nascent stage. A considerable change in new economic policy, Indian government initiated the concept of allowing Foreign Direct Investment (FDI) in retail sector. This paper focusses to explore potential influences on agricultural sector due to introduction of FDI in retail. A number of contrasting views have been expressed regarding this policy decision. However the researcher is of the opinion that a lot of views that have been expressed are extremely biased and one needs to look at both sides of the coin and come to an informed decision regarding this issue. In this paper the researcher has discussed how allowing FDI in retail could be beneficial as well as detrimental to the interest of farmers in India, a number of policy changes have also been suggested

Item Type: Article
Uncontrolled Keywords: FDI, Agriculture, retail
Subjects: Departments at MU > Commerce
Depositing User: MIM User
Date Deposited: 02 May 2016 10:49
Last Modified: 13 May 2016 10:59
URI: http://eprints.manipal.edu/id/eprint/145936

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