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Tilak
Side Hero Username: Tilak
Post Number: 8794 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 06:26 am: |
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quote:At the risk of repetition, one way is to encourage the setting up of rural cooperatives. If farmers go a step further and form Amul-type companies, they can even be stakeholders in setting up storage and processing chains, and market directly to consumers.
India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Kadapafan
Hero Username: Kadapafan
Post Number: 12687 Registered: 01-2008 Posted From: 92.32.200.114
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 06:03 am: |
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FDI ki Currency Reserves ki mudi pedutunnara lol, Last 15 years lo India lo FDI has increased quite a lot, mari annesi dollars mana daggara reserves lo unte dollar-rupee conversion baaga taggali kadaa, alaa enduku jaragaledu mari Argue with only one (out of Adavi, Sasi, Kaleja etc..,) at a time to reduce BP Continue to permanently ignore (like IP and ID Ban): Andhrawala Temp ignore (ID Ban): JP_Rocks, IndiaRocks, New_User |
   
Tilak
Side Hero Username: Tilak
Post Number: 8791 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 06:02 am: |
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Jawmetri:Consumer can be king.
yes .. he can be .. but will never be .. until the rules change .. India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Jawmetri
Comedian Username: Jawmetri
Post Number: 1517 Registered: 12-2009 Posted From: 49.204.37.247
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 05:53 am: |
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Good news is that, opposition is only talking about farmers, vegetables, fruits & kirana stores. But Walmart & Gang are departmental stores. They will be selling Furniture, Electronics, Toys, Sports, Autocare, Baby Stuff, Health & Pharmacy, Home Appliances , Electronics... Consumer can be king. |
   
Tilak
Side Hero Username: Tilak
Post Number: 8790 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 05:41 am: |
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quote:India facing inflation because of international disturbances. India is a developing nation.Corruption unrelated to growth rate: Sandeep Dikshit, Congress MP, Son of Shiela Dikshit
And you think this sort of govt will ever help Indians? It is bringing FDI to save farmers? to save consumers? and to believe so is damn foolish .. India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Tilak
Side Hero Username: Tilak
Post Number: 8787 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 05:17 am: |
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Proves the point of "deep pockets" helping aggressively stabilize and eat into the market .. India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Dada
Comedian Username: Dada
Post Number: 1040 Registered: 12-2006 Posted From: 111.93.146.170
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 05:04 am: |
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Kirana shops kosam concern theliyachsthunna - RIGHT and LEFT sodharulu - PLEASE ENJOY.... Bharti Wal-Mart will open its cash-and-carry wholesale 'Best Price' outlet next week at Attapur, Hyderabad. Bharti Wal-Mart, a joint venture of Bharti Enterprises and Wal-Mart with both the companies having a 50% share in the enterprise, has fixed September 26 as the tentative date for the opening of the 53,000 square foot facility. Sources said that nearly 60,000 persons and businesses, including kirana shop-owners, retailers, resellers, hotels, restaurants, catering agencies, offices and institutions, have registered with the store for utilising its services. The registrations have been done on the basis of the tax identification number (TIN) generated by GHMC while granting trade licences. Over 5,000 items, ranging from fresh vegetables, dairy products to packaged goods, general merchandise, electronics and household appliances, would be available under one roof at the soon-to-open store. |
   
Dada
Comedian Username: Dada
Post Number: 1038 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 02:11 am: |
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Tilak:
Uselessness of the govt - No freedom to the farmer on what to produce - no investments in modernization and Agri sciences - Too much reliance on rice even in dry land areas - too much reliance on fertiliers - outdated agri methods - political mafia which controls the supply chain both at the input and output Attempts by corporates to enter agi - like ITC, Pepsi have been thwarted successfully by the big farmer - politician mafia. |
   
Tilak
Side Hero Username: Tilak
Post Number: 8781 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 02:10 am: |
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Dada:Is it because of liberalisation or uselessness of the govts?
you tell me .. wats ur idea .. India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Tilak
Side Hero Username: Tilak
Post Number: 8780 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 02:07 am: |
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Dada:Is it because of liberalisation or uselessness of the govts?
you tell me .. wats ur idea .. India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Tilak
Side Hero Username: Tilak
Post Number: 8779 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 02:05 am: |
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http://www.outlookindia.com/article.aspx?282351 How the game is always pro-West .. India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Dada
Comedian Username: Dada
Post Number: 1037 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 02:05 am: |
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Tilak:I say the same ..
can you please let me know Which party I like? because I do not know. if someone asks me whom will you vote for in 2014 - I find very difficult to give an answer as I do not have anyone in mind at all - maybe some honest local independant. |
   
Dada
Comedian Username: Dada
Post Number: 1036 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 02:04 am: |
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Tilak:1991 taravata 10 lakh + farmers poyaru ..
Is it because of liberalisation or uselessness of the govts? |
   
Tilak
Side Hero Username: Tilak
Post Number: 8778 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 02:03 am: |
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Dada:you are arguing out of your love for one political party.....
I say the same .. Dada:parting shot - Rahul Gandhi is a useless guy - if it makes your day better
Doesnt matter .. thats just an obvious fact .. and u have no choice other than accept that .. Rock:kani our gdp growth is ridiculously higher than 1991
depends on how we see .. India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Tilak
Side Hero Username: Tilak
Post Number: 8777 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 02:01 am: |
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http://www.globalpost.com/dispatches/globalpost-blogs/americ a-the-gutted/india-outsourcing-us-jobs Nice .. open up retail for no bargain .. what a foolish idea it is when u know .. "some" jobs will be lost .. India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Dada
Comedian Username: Dada
Post Number: 1034 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 02:01 am: |
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Tilak:wastage is wastage for the nation
dabbu icchi konesina tharavaatha - wastage ela avuthaadhi? taxes have been paid - and the good have gone out of the system. you have produced a piece of software - packaged it and sold it to the customer. Customer brought it and you have paid the taxes through the sale, taken care of your expenses and pocketed the profit. Now the customer for whatever reason does nto use it - So for you and thg overnment - Is it a Waste? However if the software is not getting packaged properly and not reaching the customer and getting spoilt along the way - the there is no chance ofa sale - govt does not get profit - you do not get a profit - the consumer also has to pay a high price sicne all the produced goods are not reaching the market. anyways - you are arguing out of your love for one political party.....cannot discuss with you. parting shot - Rahul Gandhi is a useless guy - if it makes your day better |
   
Rock
Side Hero Username: Rock
Post Number: 6008 Registered: 04-2012 Posted From: 209.55.83.248
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:56 am: |
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Tilak:1991 taravata 10 lakh + farmers poyaru ..
losses will be always there. nothign ever come loss free. kani our gdp growth is ridiculously higher than 1991 |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 8554 Registered: 03-2008 Posted From: 209.6.89.215
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:54 am: |
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Rock:
Dada:
good questions .. dil garden garden ho gaya tumhare question dekh ke .. I am going to bed, will defiantly answer your questions tomorrow or the day after  |
   
Tilak
Side Hero Username: Tilak
Post Number: 8776 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:54 am: |
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Dada:it is a wastage for the person - but already accounted for. asalu shelf ni reach avvakunda - waste aithe - it is a loss for the nation - for the society.
wrong notion .. wastage is wastage for the nation .. Rock:we will know in about 10 to 15 years
1991 taravata 10 lakh + farmers poyaru .. India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Dada
Comedian Username: Dada
Post Number: 1033 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:48 am: |
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Jackjill:
So when some one does business in India (by investing capital - setting up business and carrying out manufacturing / software / services transactions) and wants to reroute the profits back to the Corp HQ - is it an Income Outflow or Capital outflow? When someone wants to Invest into India and turn that investment into machinary - is that capital or Income? When someone wants to invest into india and invest / trade in shares is that Capital or Credit income (for the country)? |
   
Rock
Side Hero Username: Rock
Post Number: 6007 Registered: 04-2012 Posted From: 209.55.83.248
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:47 am: |
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Jackjill:my question -- why let a big inflow happen which will make recurring outflows possible??
manam product kuda vere chota nundi import chesukonte impact very high and bad . kani maname manufacturing ayithe recurring out flow unna kuda wont be that bad kadha anna. its like we have 0 now capital came since we do all the work make the product buy ourselves we get a dollor. guy who brought capitol get a dollor . seems fair no? |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 8553 Registered: 03-2008 Posted From: 209.6.89.215
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:43 am: |
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Dada:So you are implying that if Walmart or Tesco invests 350 Mill USD it goes into the reserves and Walmart will sit and hatch eggs!!! Investment flows are also part of capital account - and the profits if any after investing the profits will go into Current account - Not capital account. What is wrong in it? Somebody invests - inward flow of capital - the capital has been turned into machinery,building,manpower etc - they make profits - and there is outward flow of capital via the current account
neeku naa meedha kopam aina undaali, lekapothe neeku asalu concept ardham aina avvakapovaali .. Tammudu -- Capital inflows & outflows are capital accounts credits & debits, where as Income outflows and inflows because of those capital investments are Current account credits & deficits. http://en.wikipedia.org/wiki/Current_account -- Please read what Current accout is http://en.wikipedia.org/wiki/Capital_account -- Please read what Capital Account means sava dobbaku boss !! lite teesko, shit happens my question -- why let a big inflow happen which will make recurring outflows possible?? kharma raa babu, nenu cheppedhi prathi vaadu personal teeskoni saava dobbiyio |
   
Dada
Comedian Username: Dada
Post Number: 1032 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:41 am: |
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Tilak: since it is paid for .. it is not wastage ..
it is a wastage for the person - but already accounted for. asalu shelf ni reach avvakunda - waste aithe - it is a loss for the nation - for the society. today by any estimate 30% - 40% of our Agri produce is getting wasted on the way from the Farm to the Retail shop. Imagine the effect this would have on inflation if even 30% of this wastage is plugged. |
   
Rock
Side Hero Username: Rock
Post Number: 6005 Registered: 04-2012 Posted From: 209.55.83.248
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:41 am: |
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Tilak:
dabbulu chetlaki kayavu andhi diesel rates perigina vishayam midha kadha. mana pm ayi undi antha cheap ga ma manufacturing industry week ani cheppalekapoyademo. 1991 lo kuda andharu thappu annaru. because of that we are what we r today. monna nuclear vishayam midha kuda problem ayindhi. kani work out auyyi manam power problem ni solve chesukogaligithe mana manufacturing industry will sky rocket anukontunna. ippudu idhi kuda brings extra capitol to our country and that will generate more work and money in our country anukontunna. we will know in about 10 to 15 years |
   
Dada
Comedian Username: Dada
Post Number: 1031 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:39 am: |
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Tilak:
Ok...once BJP comes to power in 2014, will you drive out walmart and etsco - the way IBM and Coke were driven out of the country in 1977 by Goerge Fernandes and Atal Bihari Vajpayee. Ofcourse Atal ji welcomed liberalisation and globalisation after he became PM in 1998 - a different issue. |
   
Tilak
Side Hero Username: Tilak
Post Number: 8775 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:37 am: |
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Ya .. when wastage is counted .. it be counted only if its in an FCI godown .. but deal lo vachindani 10 lb pack teesukelli 9 lb vaadakunda paadesthe .. since it is paid for .. it is not wastage .. good economics .. :-) India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Tilak
Side Hero Username: Tilak
Post Number: 8774 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:35 am: |
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Rock:kani india lo walmart lanti companies enter ayinapudu we not gonna have import problem. our home made stuff cost lot less than china . so they will be interested in making stuff in india itself . so they will invest money in building plants so we get some fdi into our account.and imports decrease.
ee mukka ne govt dhairyam ga cheppagaladaa? ippudu enduku cheppatledu .. mana Indian manufacturing ni boost chestundani? u think they are that dumb to not recognize a positive? Rock:and icing on cake will be if our product have enough quality even we can export just like china and we can even take business away from china as we can produce cheaper product.
bhayya .. intha confident ga MMS monna cheppaledu .. dabbulu chetlaki kaayavu .. scams matrame kaastayi etc etc sollu cheppadu .. wish we had u as his help .. China ni manufacturing market lo displace cheyyadam entha kastamo .. chaala articles chala mandi raasadu .. u may want to check them out .. Rock:what mattters is profit outweighs the loss or not. and we cant go for temperory benifits either.
exactly .. no body knows how this $hit may turn out .. it might not be a loss to India .. but if this FDI thing kills Indian retail .. trust me .. its a disaster .. and its impact will be on the crime stats! India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 8552 Registered: 03-2008 Posted From: 209.6.89.215
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:33 am: |
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Rock:hello bro been a while since i ve seen u. hw r u
Parents are visiting, so been a little busy. Not too bad though Jawmetri:for that reason alone, yes it is dumb. but the foreign presence will make the industry efficient and lean in operational efficiency and in the end give value to the 1.4 Billions customers/consumers.
It may make sense for other reasons but at macroeconomic level, not quite for me though. Netsaint:bar cha hub baa, ivanni enduku, repu TDP govt ragane, ee walmart,carefor ni tarimesthara ledha, adhi cheppu chaalu
state ki favorable anipisthe allow chesthaamu lekapothe ledhu  |
   
Dada
Comedian Username: Dada
Post Number: 1030 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:29 am: |
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Tilak:store shelf meeda kakapothe .. consumer kitchen closets lo
first case - is wastage - it is not reaching the consumer and hence results in scarcity and inflation. second case - after the purchase - it is the consumer's wish what they want to do with it.Whether they waste or use - they have paid the price and the taxes on it. |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 8551 Registered: 03-2008 Posted From: 209.6.89.215
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:28 am: |
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naa kharma raa babu, evadu endhuku argue chestunnadu telvadu kaani chesestaru, edavandi kondaru, CBN ni laaguthaaru.. though CBN tried to implement Raitu Bazar by eliminating middle man and was best of his era.. CBN enni chesina votelu raaka pothe prathi howla gaadu navvuthadu no wonder!! but we have to ask ourself a question that geddam babu gaadu atleast pada yatra ani ee rojuki janam madhyalo untunnnadu.. what have we done ani?? Jai Chandra Babu .. Jai Jai Chandra Babu |
   
Rock
Side Hero Username: Rock
Post Number: 6002 Registered: 04-2012 Posted From: 209.55.83.248
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:27 am: |
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Tilak:Walmart/Target lo only farm produce ammutaara even if we see it that farmers are benefited by this FDI thing? How much % of business of a major retail chain in agri-produce??
tilak bayya, i dont know much about this. kani just a thought. us lo most of the stuff they sell in walmart is imported. coz us lo that stuff cost lot more if they make their own. they import mostly from china kani india lo walmart lanti companies enter ayinapudu we not gonna have import problem. our home made stuff cost lot less than china . so they will be interested in making stuff in india itself . so they will invest money in building plants so we get some fdi into our account.and imports decrease. another advantage. those plants will create jobs. and icing on cake will be if our product have enough quality even we can export just like china and we can even take business away from china as we can produce cheaper product. i dont know how much of my thinking is correct and how much of my thinking wrong just this is what i felt. ofcourse there is some loss aswell. what mattters is profit outweighs the loss or not. and we cant go for temperory benifits either. |
   
Dada
Comedian Username: Dada
Post Number: 1029 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:27 am: |
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Jackjill:so our PM wants to fill this gap by filling our Capital account (Capital Inflows fro Other Countries - Capital Outflows to Other Countries).
So you are implying that if Walmart or Tesco invests 350 Mill USD it goes into the reserves and Walmart will sit and hatch eggs!!! Investment flows are also part of capital account - and the profits if any after investing the profits will go into Current account - Not capital account. What is wrong in it? Somebody invests - inward flow of capital - the capital has been turned into machinery,building,manpower etc - they make profits - and there is outward flow of capital via the current account |
   
Tilak
Side Hero Username: Tilak
Post Number: 8772 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:26 am: |
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Netsaint:endhi puttu.... namma Bengalouru lo walmart opening ledhaa
govt allow cheyyatledu .. janam kaavali anukunte .. govt ni maarchesi .. walmart ni techukuntaaru .. :-) Netsaint:none can replace kirana store, unless natural changes can make it but not some fdi physical.
ee mukka seppalsindi nuvvu kaadu .. desis ki protection lekunda FDI in allowing sestunna govt .. Netsaint:MAKKEL iraga tiyyali saale gallaki... I want a walmart to suck out them out of the pilferage they caused in the indian system
paina nuvvu seppindendi .. ee kinda "jenda-agenda" endi??? so called middlemen pothe .. tella dora middlemen vastadu .. u will be sucked anyways .. btw .. pilferage US lo leda endi .. store shelf meeda kakapothe .. consumer kitchen closets lo .. teda endo? India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6177 Registered: 05-2008 Posted From: 24.127.230.135
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:22 am: |
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Tilak:
Tilakam baa ur disppointing me, ur still supporting the brokers aka middleman version baa. MAKKEL iraga tiyyali saale gallaki... I want a walmart to suck out them out of the pilferage they caused in the indian system My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6176 Registered: 05-2008 Posted From: 24.127.230.135
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:19 am: |
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Tilak:
baa nuvvu avesa padak. the buying habits of india and usa are different. indians buy at max mostly per week or per 2 days once. walmart ki usa lo per month buy chese vaalu ekkuva. in that case, indian customer will get both benifits, of getting high quality low price for weekly or monthly stuffs and regular stuff at kirana stores. none can replace kirana store, unless natural changes can make it but not some fdi physical. My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Dada
Comedian Username: Dada
Post Number: 1028 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:19 am: |
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Netsaint:namma Bengalouru lo walmart opening ledhaa
ee roje Deccan herald lo article - people want it - but govt NO to Retail MNCs in Karnataka :-) |
   
Dada
Comedian Username: Dada
Post Number: 1027 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:18 am: |
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Jackjill:you have no idea what Balance of Payments mean
:-) Well I first read about BOP in 1990 / 91 and I hope the definition has not changed since then. |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6175 Registered: 05-2008 Posted From: 24.127.230.135
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:17 am: |
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Tilak: well put ..
endhi puttu.... namma Bengalouru lo walmart opening ledhaa My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Tilak
Side Hero Username: Tilak
Post Number: 8771 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:17 am: |
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Netsaint: But I see it at good for farmers and competetive price ofr consumer.
Walmart/Target lo only farm produce ammutaara even if we see it that farmers are benefited by this FDI thing? How much % of business of a major retail chain in agri-produce?? India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Dada
Comedian Username: Dada
Post Number: 1026 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:16 am: |
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Netsaint:
Yeah.... opposing companies like Monsonto ante - meaning undhi - even though that is FDI. kaani - in this sector - rural Infrastructure build avuthindhi because of this investment ante - still people oppose.. as you said JENDA - AGENDA important..... |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6174 Registered: 05-2008 Posted From: 24.127.230.135
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:16 am: |
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Jackjill:
bar cha hub baa, ivanni enduku, repu TDP govt ragane, ee walmart,carefor ni tarimesthara ledha, adhi cheppu chaalu My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Rock
Side Hero Username: Rock
Post Number: 6001 Registered: 04-2012 Posted From: 209.55.83.248
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:15 am: |
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Jackjill:
hello bro been a while since i ve seen u. hw r u |
   
Tilak
Side Hero Username: Tilak
Post Number: 8770 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:15 am: |
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Jackjill: I just do not understand the concept behind allowing one time big credit against recurring Debits(imports and realization of credits)
well put .. India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 8549 Registered: 03-2008 Posted From: 209.6.89.215
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:14 am: |
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Dada:Will the FDI go into govt reserves? If yes, then who will fund the infrastructure?How is the infrastructure getting built? And which FDI are we talking of here - the one by FIIs is not treated as FDI. Anyways - Enjoy your fighting a non existent enemy i.e. empty air with the sword.
Brother please agree that you have no idea what Balance of Payments mean... We, Indian GOVT, are running a Current Account (primarily Trade Deficit - whcih happens when our Imports are higher than Exports) deficit, so our PM wants to fill this gap by filling our Capital account (Capital Inflows fro Other Countries - Capital Outflows to Other Countries). I have no idea whether this FDI will help, but a generic analysis on our current situation and the industry we are derugualting has left me with no choice other than oppose it with no clear explanation from the others. |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6173 Registered: 05-2008 Posted From: 24.127.230.135
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:10 am: |
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Dada:
Dada they have compulsions. oppo kabatti oppose cheyyali. But I see it at good for farmers and competetive price ofr consumer. majjalo BROKERS gallaki paguluddhi..... vaale major addu cheppedhi My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6172 Registered: 05-2008 Posted From: 24.127.230.135
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:08 am: |
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Jackjill:kya re baa, I took Target a big retail chain in US and calculated the effect if it invested in India. http://finapps.forbes.com/finapps/jsp/finance/compinfo/Finan cialIndustrial.jsp?tkr=tgt&period=qtr I took 30% of import on COGS,100% of Net Income for realization. Unless the domestic Job growth and SG&A is equivalent to what it is in US operations -- I don't see the reason why India should allow FDI into retail. I have no idea about streamlining the CRM and BS such as, all I know is Macroeconomic effects, which just not add up
meeku unna knowledge, BOB ki 10% unna, Waralsbank agent ga maaradu My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Dada
Comedian Username: Dada
Post Number: 1025 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:07 am: |
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Jackjill:Unless the domestic Job growth and SG&A is equivalent to what it is in US operations -- I don't see the reason why India should allow FDI into retail.
oka US Retail company Balance sheet ni pattukoni - India lo FDI in retail is non beneficial ani analysis??? :-) |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6171 Registered: 05-2008 Posted From: 24.127.230.135
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:06 am: |
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Jackjill:
BOB fans for closed economy aa My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Jawmetri
Comedian Username: Jawmetri
Post Number: 1509 Registered: 12-2009 Posted From: 49.204.37.247
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:03 am: |
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Jackjill:I don't exactly know what your understanding is on -- FDI in Retail industry of India is -- The reason that Indian GOVT quoted to allow FDI is to fill up the current account deficit and in semi short term (let me know if you want to know the numbers, I calculated less than pay back back period) it is a drain on the current account, which Indian Govt wants to fill it up. I just do not understand the concept behind allowing one time big credit against recurring Debits(imports and realization of credits).I am sorry, I am a dumb FI trader, who cannot think beyond numbers.
for that reason alone, yes it is dumb. but the foreign presence will make the industry efficient and lean in operational efficiency and in the end give value to the 1.4 Billions customers/consumers. |
   
Dada
Comedian Username: Dada
Post Number: 1024 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:03 am: |
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Ban Nokia from India.... Ban Pepsi from India.... Ban Oracle, Microsoft, Marriot, Volvo, Volkswagen, Nestle, Hyundai, LG, Samsung, HP, Dell,Uninor,Coke, Kellogs,Procter & Gamble etc etc from India - they are MNCs investing through the FDI route |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 8548 Registered: 03-2008 Posted From: 209.6.89.215
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:58 am: |
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Farmer:
kya re baa, I took Target a big retail chain in US and calculated the effect if it invested in India. http://finapps.forbes.com/finapps/jsp/finance/compinfo/Finan cialIndustrial.jsp?tkr=tgt&period=qtr I took 30% of import on COGS,100% of Net Income for realization. Unless the domestic Job growth and SG&A is equivalent to what it is in US operations -- I don't see the reason why India should allow FDI into retail. I have no idea about streamlining the CRM and BS such as, all I know is Macroeconomic effects, which just not add up |
   
Dada
Comedian Username: Dada
Post Number: 1023 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:54 am: |
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Jackjill:The reason that Indian GOVT quoted to allow FDI is to fill up the current account deficit and in semi short term
Will the FDI go into govt reserves? If yes, then who will fund the infrastructure?How is the infrastructure getting built? And which FDI are we talking of here - the one by FIIs is not treated as FDI. Anyways - Enjoy your fighting a non existent enemy i.e. empty air with the sword. |
   
Farmer
Side Hero Username: Farmer
Post Number: 4763 Registered: 03-2012 Posted From: 67.159.36.26
Rating:  Votes: 1 (Vote!) | | Posted on Monday, September 24, 2012 - 12:43 am: |
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Jackjill:
 |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 8547 Registered: 03-2008 Posted From: 209.6.89.215
Rating:  Votes: 1 (Vote!) | | Posted on Monday, September 24, 2012 - 12:28 am: |
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Sanman:how about the investment capital they bring in ?
what about the Capital they bring in?? who gives a shit, if the capital does not hold value in long term Sanman:capital kaavail profits pokoodadhu ante china laaga govt anni own chesukoni run cheyaali.
I don't exactly know what your understanding is on -- FDI in Retail industry of India is -- The reason that Indian GOVT quoted to allow FDI is to fill up the current account deficit and in semi short term (let me know if you want to know the numbers, I calculated less than pay back back period) it is a drain on the current account, which Indian Govt wants to fill it up. I just do not understand the concept behind allowing one time big credit against recurring Debits(imports and realization of credits).I am sorry, I am a dumb FI trader, who cannot think beyond numbers. |
   
Sanman
Side Hero Username: Sanman
Post Number: 7498 Registered: 08-2010 Posted From: 66.177.5.103
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, September 23, 2012 - 02:48 pm: |
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Jackjill:But when these Foreign Retail Chains start importing Goods and realizing profits that they want to account in their Base Currency these transactions will create Debit Entries on our Current Account, which will again run into deficit.
how about the investment capital they bring in ? capital kaavail profits pokoodadhu ante china laaga govt anni own chesukoni run cheyaali. your google is as good as mine |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 8546 Registered: 03-2008 Posted From: 209.6.89.215
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, September 23, 2012 - 02:01 pm: |
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Dada:BOP ki FDI ki - absolutely no relation at all....
Dada:Please - we need to get our facts right before believing all and sundry.
MMS goru PM ayyinappati nunchi Capital Account ni Balanace of Payments calculations nunchi omit chesaraa?? Vjavasi's argument, if I understand it correctly, is Indian Govt is trying to fill the Preset Current account deficit by creating a Capital Account surplus. But when these Foreign Retail Chains start importing Goods and realizing profits that they want to account in their Base Currency these transactions will create Debit Entries on our Current Account, which will again run into deficit. So the intended effect is just a mirage. I have no idea on how the FDI will impact or change the landscape of our supply chain system so cannot speak on its effect on our domestic industry, but where as macro-economic situation of India is concerned I do not see these Investments having any miraculous effect. |
   
Tilak
Side Hero Username: Tilak
Post Number: 8769 Registered: 02-2012 Posted From: 115.184.74.165
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, September 23, 2012 - 01:45 pm: |
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Ballasticmissile:3)asala ye ye sectors lo fdis allow cheste more growth and use untundi...
akkada communist/right wing lit .. will lead u no where ani judge chesi paradobbar .. so inka vere vallani adagatam enduku .. antha telisina aayanne adigithe paaye .. India must conquer the World and nothing less than that is my ideal - Swami Vivekananda Amra Morbo, Jagat Jagbe (We shall die to awaken the nation) - Bagha Jatin |
   
Ballasticmissile
Junior Artist Username: Ballasticmissile
Post Number: 880 Registered: 07-2012 Posted From: 125.99.197.136
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, September 23, 2012 - 12:17 pm: |
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naakunna doubts clarify cheyandi..... 1)fdis valla expecially in retail yenta infrastructure growth undocchu.... 2)infra lo fdis invest cheyatam beste kada because they cannot move them .... 3)asala ye ye sectors lo fdis allow cheste more growth and use untundi... ee suject meeda yedanna video links unte ivvani chusi nerchukunta....pillavadini knowledge vastundi.... Pawan || YSR|| Indira|| Adi-shankaracharya ||Cleopatra |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10171 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, September 23, 2012 - 11:58 am: |
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Retail FDI - the real dangers http://quicktake.wordpress.com/2011/12/04/retail-fdi-the-rea l-dangers/ |
   
Jawmetri
Comedian Username: Jawmetri
Post Number: 1505 Registered: 12-2009 Posted From: 49.204.37.247
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, September 23, 2012 - 05:18 am: |
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Dada:Please stop beleieving Communist / Right Wing literature whcih will not lead you anywhere.
unfortunately i think BJP is just arguing because they are being in opposition. |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10170 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, September 23, 2012 - 04:34 am: |
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read some basics here on foreign exchange reserves......then discuss on FDI http://dare.co.in/strategy/legal-policy/understanding-foreig n-exchange-reserves.htm |
   
Dada
Comedian Username: Dada
Post Number: 1022 Registered: 12-2006 Posted From: 122.179.110.31
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, September 23, 2012 - 04:14 am: |
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BOP ki FDI ki - absolutely no relation at all....If Walmart invests, for e.g. 400 USD Mill, the investment goes into creating Infrastructure for their operations - and not to the Government reserves. It is because Indian retailers doe not have the cash reserves to invest 400 Mil USD in one go and hence are not able to create the Infrastructure..... In IT Services Ericsson was the largest Investor in the last 2 years in India....The largest investors in Indian IT services have always been Oracle, Microsoft, HP,IBM etc... That does not mean that they are bringing Dollars into the country - They are investing in Infrastructure (people & material) to create development / delivery centers . Please - we need to get our facts right before believing all and sundry. |
   
Dada
Comedian Username: Dada
Post Number: 1021 Registered: 12-2006 Posted From: 122.179.110.31
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, September 23, 2012 - 04:07 am: |
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FDI only meams additional funds brought by a Foriegn Institite / Organisation... Even an Indian Org can raise funds thorugh the ECB route. But there are limits due to credit worthiness...and hence we invite FDI..... Infact Indian companies have become FDI investors in certain sectors in African countries - for e.g. Bharti Airtel in 16 countries of Africa. Please stop beleieving Communist / Right Wing literature whcih will not lead you anywhere. |
   
Dada
Comedian Username: Dada
Post Number: 1020 Registered: 12-2006 Posted From: 122.179.110.31
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, September 23, 2012 - 03:58 am: |
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FDI ante Dollars lo salaries pay cheyyaru - FDI means investemtn by a Foreign INstitute - and this is not linked to BPO - vThe FOrx reserves are determined by Imports and Exports..... If Oracle sets up office in India - it if FDI - but the transactions are in INR....same with SAP or Microsoft - All these FDI..... |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10166 Registered: 11-2009 Posted From: 124.123.250.109
Rating:  Votes: 2 (Vote!) | | Posted on Saturday, September 22, 2012 - 10:58 pm: |
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Qdoba:nee America & dollar meeda edupu meeda pette time investment, please focus your energies on corrupt politicians who are looting your own country's wealth.
ee thread lo ekkadanna america, dollar meedha edupu vundha?.....facts ni edupu antara nee bhasha lo |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10165 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 10:56 pm: |
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Sanman:ivanni teliyakundaane pakka thed lo etakaaram chesaava ? if you talked normally i would not have said those things
sare naaku teliyadule nuvvu cheppu......foreign exchange FDI,NRI remmitances, loans from internatioal banks and countries kakunda govt ela purchase chestundhi......deni tho purchase chestundhi...... |
   
Jujung
Junior Artist Username: Jujung
Post Number: 429 Registered: 02-2010 Posted From: 68.39.255.35
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 08:08 pm: |
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It'd be amusing, if it isn't so devastating on the country's economy, to see badly informed swadeshis and wrongly indoctrinated communists joining hands to rail against globalization. To be sure, there are such people even among the american political parties starting from the president himself. But, whatever their public rhetoric is, at least when it's time to actually act, they refrain from such idiocy. The folly of mistaking a paradox for a discovery, a metaphor for a proof, a torrent of verbiage for a spring of capital truths, and oneself for an oracle, is inborn in us.- Paul Valery
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Sanman
Side Hero Username: Sanman
Post Number: 7497 Registered: 08-2010 Posted From: 66.177.5.103
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 04:34 pm: |
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Vjavasi:from where they purchase foreign exchange reserves and using what apart from NRI remmitances
ivanni teliyakundaane pakka thed lo etakaaram chesaava ? if you talked normally i would not have said those things your google is as good as mine |
   
Qdoba
Side Hero Username: Qdoba
Post Number: 2938 Registered: 03-2012 Posted From: 207.166.204.5
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 03:22 pm: |
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Vjavasi:
nee America & dollar meeda edupu meeda pette time investment, please focus your energies on corrupt politicians who are looting your own country's wealth.. |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10164 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 01:57 pm: |
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Getafix: are you sure that PVNR regime allowed FDIin desam? I know PV lifted foreign import restrictions on some products and used quota system for agri products but he didnt allowed FDI.
FDI was allowed...that's part of the deal with IMF...many joint ventures between indian and foreign companies happened http://en.wikipedia.org/wiki/P._V._Narasimha_Rao |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10163 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 01:49 pm: |
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Sanman:Technically govts set the policy and central banks (RBI) purchase, sell, or hold the reserves
from where they purchase foreign exchange reserves and using what apart from NRI remmitances |
   
Sanman
Side Hero Username: Sanman
Post Number: 7496 Registered: 08-2010 Posted From: 66.177.5.103
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 01:43 pm: |
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Getafix:are you sure that PVNR regime allowed FDIin desam? I know PV lifted foreign import restrictions on some products and used quota system for agri products but he didnt allowed FDI.
i think he allowed single brand retail not multi brand retail, and it came with some restrictions your google is as good as mine |
   
Sanman
Side Hero Username: Sanman
Post Number: 7495 Registered: 08-2010 Posted From: 66.177.5.103
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 01:42 pm: |
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Vjavasi:can u explain how govts purchase reserve currency
Technically govts set the policy and central banks (RBI) purchase, sell, or hold the reserves your google is as good as mine |
   
Getafix
Hero Username: Getafix
Post Number: 11153 Registered: 02-2008 Posted From: 76.118.67.97
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 01:41 pm: |
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Vjavasi:why india allowed FDI during PVNR?
are you sure that PVNR regime allowed FDIin desam? I know PV lifted foreign import restrictions on some products and used quota system for agri products but he didnt allowed FDI. |
   
Jawmetri
Comedian Username: Jawmetri
Post Number: 1503 Registered: 12-2009 Posted From: 49.204.37.247
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 01:38 pm: |
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Vjavasi:exchange goods or use exchange rates between currencies.....recently Iran showed some enthusiasm....even china-india considering ruppee-yuan trade http://www.ias100.in/news_details.php?id=393
if they agree, they will not agree for rupees to the trade deficit amount which is running to 30 billion dollars a year. |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10162 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 01:28 pm: |
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Jawmetri: what ? bilateral trade agreements needed to trade in rupees? agreements are always there, just that agreement to trade in rupees is not there.
exchange goods or use exchange rates between currencies.....recently Iran showed some enthusiasm....even china-india considering ruppee-yuan trade http://www.ias100.in/news_details.php?id=393 |
   
Jawmetri
Comedian Username: Jawmetri
Post Number: 1500 Registered: 12-2009 Posted From: 49.204.37.247
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 01:15 pm: |
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Vjavasi:yes, more bilateral trade agreements needed...especially with oil rich countries....but geo-politcs of west won't let it happen
what ? bilateral trade agreements needed to trade in rupees? agreements are always there, just that agreement to trade in rupees is not there. very simple. they dont want rupees, they want dollars. For India to trade in rupees, it has to make the world want the rupees. |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10161 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 01:11 pm: |
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Abhysg:why cann't india trade in rupees when it comes to asian countries like pak/lanka/bangla/ malaysia/singapore/etc
yes, more bilateral trade agreements needed...especially with oil rich countries....but geo-politcs of west won't let it happen |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10160 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 01:08 pm: |
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Indiarocks:50% investment in infrastructure evariki istaru?
ardham kaledhu |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10159 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 01:06 pm: |
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Sanman:Most of the times reserves are maintained by purchasing the reserve currency
can u explain how govts purchase reserve currency |
   
Sanman
Side Hero Username: Sanman
Post Number: 7494 Registered: 08-2010 Posted From: 66.177.5.103
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 12:43 pm: |
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Govts trying to restrict their markets to foreign investments is protectionism and we have seen the result of it in India in the last 50 years. No country's economy flourishes without trade and foreign investments. Indian companies operate all around the world so why should we stop foreign companies from operating in India ? And our excuse for stopping them is incompetence ? Lack of capital is not a problem for any major name retailer in India. Proof ? who is coming up with 49% ? and where is it coming from ? Interest rates definitely are higher in India than other countries and welcoming investments from outside is more on the resolution side of it. Lower interest rates in some other country just means they are subsidizing money. And it is time to import that money in the form of capital. Someone else is paying the bill for that cheap money so why not take advantage of it ? India does not determine the world exchange currency. Yes US has an undue advantage with dollar but is rupee the next world exchange currency ? are we even in the competition ? The way to hedge against that is discouraging foreign investment and trade or is it grow as an economic super power where we are in a position to influence international trade and currency ? Sure companies take profits out of the economy. Nobody does charity. And they are not coming with a pretense of doing charity. They are bringing in capital, an inherent risk, and a hope to make profit. They have to compete with domestic retailers, improving choice to the consumer. At the end of the day it is the consumer that decides whether any company should go with a profit or a loss. your google is as good as mine |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10158 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 12:10 pm: |
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How this economic architecture helps countries who own reserve currencies/ developing countries work hard and drain their resources to serve the markets in these countries, they enjoy free lunch with just their financial control |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10157 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 11:43 am: |
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How the necessity to maintain reserve currency and an FDI entangled economy impact developing countries? they have to strive hard to earn foreign money, it leads to internal imbalances in the economy, export oriented sectors are favoured over others. drain of natural resources and efforts to serve the foreign consumers even if that means impoverishing fellow country men and communities |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10156 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 11:30 am: |
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Why most MNCs are too big to fail or compete against? They have access to cheap capital in the form of low interest rates from global financial system controlled by US and europe, even if they fail their home countrys can bail them out at global level by just printing reserve currencies dollars or euros as they did recently in europe and in US in 2009-10 two decades of FDI experience in India shows no indian company could compete with them directly FDI in any sector connects it with global economy and its vagaries |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10155 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 11:28 am: |
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Why most MNCs are too big to fail or compete? They have access to cheap capital in the form of low interest rates from global financial system controlled by US and europe, even if they fail their home countrys can bail them out at global level by just printing reserve currencies dollars or euros as they did recently in europe and in US in 2009-10 two decades of FDI experience in India shows no indian company could compete with them directly FDI in any sector connects it with global economy and its vagaries |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10154 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 11:17 am: |
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what kind of FDI drain the developing economy in the long run? FDI into existing sectors capturing local business, like FDI in retail ex: coke,pepsi captured entire indian soft drink market, now whatever profits they earn country has to pay them in reserve currencies. indian retail trade is close to $400 billion annually, imagine MNCs capture 25% of this retail trade of $100 billion and earn 5-10% profit, india has to pay them 5-10 billion in reserve currencies to these MNCs without any extra revenue or value to economy. so india will become more dependent on foreign reserves, apart from footing oil and other import bill, now it has to pay the MNC profits also |
   
Sanman
Side Hero Username: Sanman
Post Number: 7492 Registered: 08-2010 Posted From: 66.177.5.103
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 10:54 am: |
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But how about friends of govt ? How do they benefit ? They have an inseparable clout in govt to create policy which in turn comes from keeping ties with ministers, funding elections, feeding the bureaucracy etc. Not to worry. Indian govt never lets down its rich financiers and friends. They get their 49% share in the form of joint ventures with foreign companies your google is as good as mine |
   
Sanman
Side Hero Username: Sanman
Post Number: 7491 Registered: 08-2010 Posted From: 66.177.5.103
Rating:  Votes: 1 (Vote!) | | Posted on Saturday, September 22, 2012 - 10:48 am: |
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Any investment that comes from any part of the world is not held directly in foreign reserves. It just brings extra money into the economy, which helps the govt to hold higher amount of reserves. Which is the reason why a retail investment from walmart is not any more lucrative than say Tesco or BMW or Apple. It is the amount of additional capital that comes in that matters. FDI compared traditional to bond and derivative investment is more stable, long term and less volatile. FDI in retail for developing countries has many more advantages than finance or services, such as regulating the demand supply disparities, reduction of wastage, bigger insurance to producer, knowledge and technology transfer, improvements in service and quality to consumer, guaranteed tax revenue to govt, higher employment standards etc your google is as good as mine |
   
Sanman
Side Hero Username: Sanman
Post Number: 7490 Registered: 08-2010 Posted From: 66.177.5.103
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 10:43 am: |
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FDIs are not the only way to accumulate foreign exchange reserves. Most of the times reserves are maintained by purchasing the reserve currency, which is currently USD, not by asking US companies to invest in India. Liberalizing the economy is a quick way to attract investments from any foreign investors, not just US your google is as good as mine |
   
Indiarocks
Hero Username: Indiarocks
Post Number: 11377 Registered: 09-2008 Posted From: 184.155.119.232
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 10:29 am: |
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You r telling only half the story. 50% investment in infrastructure evariki istaru? What is JP doing for Kukatpally?
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Vjavasi
Hero Username: Vjavasi
Post Number: 10153 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 10:27 am: |
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What kind of FDI is beneficial to countries? FDI that add new value to the country in terms of new technology or FDI in export oriented sector that earns revenue in foreign exchange Ex: some MNCs establish manufacturing facilities in developing countries and export to the world market, with this type of FDI country gets continuos stream of foreign exchange earnings while simultaneously creating jobs in economy |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10152 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 10:20 am: |
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How MNCs invest? they give mostly dollars and other western currencies to the country where they invest, the country gives them equivalent local currency at prevailing exchange rate, thy use it for their operations inside the country, earn profits in local currency, covert their local profits into reserve currencies for the investment they bring, they also take back profits. so country has to maintain steady foreign exchange reserves all the time |
   
Abhysg
Side Hero Username: Abhysg
Post Number: 7008 Registered: 08-2008 Posted From: 68.39.93.169
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 10:19 am: |
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why cann't india trade in rupees when it comes to asian countries like pak/lanka/bangla/ malaysia/singapore/etc no siggy |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10151 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 10:09 am: |
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How dollar and other western currencies maintain the status as reserve currencies? with their control on world oil trade and their traditional advantage in high end manufacturing,technology,arms. with political and economic clout they enforced a global economic architecture that make their currencies play the role of global reserve currencies |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10150 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 10:00 am: |
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why india allowed FDI during PVNR? it's foreign exchange reserves were empty....without foreign exchange reserves it couldn't buy stuff like oil and other necessary imports, so india allowed FDI for dollars devaluating ruppee |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10149 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 09:56 am: |
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why developing countries need FDI in reserve currencies? ans: To gain purchasing power in global market, their own currencies can't buy them stuff in global market |
   
Vjavasi
Hero Username: Vjavasi
Post Number: 10148 Registered: 11-2009 Posted From: 124.123.250.109
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, September 22, 2012 - 09:51 am: |
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chala mandhi FDI ani chankal guddukuntunnaru what is FDI? simple answer: Investment in world reserve currencies, mostly dominated by dollar |