Indian media reports 5,, the Indian government announced earlier the retail market reform plan for opposition strongly against and had to set aside.The Indian government decided last month to open the total $450 billion domestic retail, for the first time to each big international moncler jackets super market giant and access. Reform scheme blocked news that India business have express their dissatisfaction and concerns.
Pressure on oppositionIndian prime minister manmohan singh decided last month to, to allow foreign enterprise investment India of similar supermarket "more brand retailers", the highest share ratio can reach 51%. Foreign direct investment in a single brand retailers holding ratio is from the highest ceiling 51% to 100%. The Indian market has long coveted the wal-mart, carrefour and tesco supermarket giant foreign for such as good news, also get India business community support.
But the main opposition BJP against open retail, says into foreign supermarket will make the manufacturing and services sectors increased unemployment. This constant opposition pressure against the government, forcing parliament paralyzed.The Times of India 5 th quotes sources as saying words reports, India's finance minister MuKeJi to people's party (PPP), has enormous varah jie promise, Moncler 2011 New Jackets,Moncler Jackets,Moncler Vest on sale. in political parties before the agreed, retail reform process will be suspended.
Analysts believe that India will be in large retailers with wal-mart, carrefour supermarket giant foreign cooperation and profit. Five days after the scheme aside, a few big retailers in India shares fell, the largest retail chain enterprise pan darren retail company stock is down 13%.India HDFC bank chairman palmer LeiHe issued a statement, stressed rejecting retail reform damage most people interests.India food supply chain by millions of middlemen holding, these people to create a strong political forces, in between farmers and consumers in the a sword, down the purchase price, boosted the retail prices. Analysts believe that allows foreign retailers into India market, will boost India to establish a modern supply chains.
India industry and commerce association released 4, public opinion polls show that 90% of consumers, make foreign retailers into India market, shopping choice increase, commodity prices will lower; 75% think farmers, dealing directly with retailers will let them with more fair price sell agricultural products.
The financial times analysis, introduction of foreign investors to help India retail contain high inflation rate, but would have millions of small retailers strongly opposed. A 10 cities by India's 2000 people involved in the public opinion polls show 80% against foreign supermarket giant convenience store owner in India market.
However, Indian HDFC bank chairman palmer LeiHe think: "to India for economic growth, retailing is vital to the modernization of China, Indonesia and. From the experience of other countries come to see, modern retailers and traditional retailers can also profit."Analysts warn, reform the retail process appeared again and again, can make the Indian government ruling ability debatable.Financial service enterprise Ann bit capital vice President than ancient, the present situation shows that, "even if the Indian government and eager to serious attitude to reform, it is still not enough power to promote reform".
The retail consulting agency Technopak company President's singh said: "this to foreign investors released very negative signal." He worry, worse, even if congress approved reform measures the retail trade, foreign retailers also difficult to secure investment, the reason is afraid of a
cheap moncler jackets for men two years later the government to change his mind.Accounting firm deloitte India's partner's tired branch Elijah said, if reform stranded, people will to "the government for land tax, the other reform measures have cast doubt, also will crack down on foreign investment in India's confidence".
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