Bhaskar Kanungo

Foreign Direct Investment in Retail Trade: Politics of Big Retail and the Small Farmers Bhaskar Kanungo

Foreign direct investment in multibrand retail trade is the latest policy level move which aims to make radical change in retail experiences of consumers. Its not just consumers, the proponents of FDI in multibrand retail believe the current miserable condition of farmers could be changed with the help of foreign money. Government instead of introspecting the faulty agricultural policies since independence, that led to current miserable economic conditions of farmers, has blamed current retail trade system responsible for the plight of farmers. The matter of fact is - it is not the current retail system or Indian retail traders, but the policies of government which due to vested interest has always made policies which looks pro farmer, but acts contrary. Rather the main beneficiary of the agricultural policies are agro-companies or corporates.