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Dada
Side Hero Username: Dada
Post Number: 2885 Registered: 12-2006 Posted From: 125.16.128.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 05:51 am: |
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Filmbuff:Food items alone should cover this easily...
This provision of 30% local sourcing is for manufactured goods - which need to be sourced locally and can also include Infrastructure building activities. If food is a manufactured commodity then it falls in this category, otherwise does not. and no sane business man will import vegetables, rice wheat from abroad and sell in India - it is the other way round. anyways - coming back to 30%, Walmart should not find it difficult to adhere to this law which has been framed in good spirit. Unless they have a strong case which the policy makers may have missed initially, this should not be allowed |
   
Reddit
Junior Artist Username: Reddit
Post Number: 175 Registered: 05-2013 Posted From: 122.175.11.61
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 04:56 am: |
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Tilak:anduke cheppa munde .. govt could have proceeded like this .. so that the sourcing be done from within India ..
Government will benefit and will have more monies to spend on meaningless welfare activities while the industry in India suffers. |
   
Tilak
Hero Username: Tilak
Post Number: 17658 Registered: 02-2012 Posted From: 14.99.44.121
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 04:45 am: |
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Reddit:Sourcing from small industries teyyamani valla okko demand not necessarily allow them to import.
Tilak:All retail imports should be taxed, and then this local sourcing conditions can be lifted ..
anduke cheppa munde .. govt could have proceeded like this .. so that the sourcing be done from within India .. A community that can break the country is no minority - Sardar Patel "By education I am an Englishman, by views an internationalist, by culture a Muslim,& a Hindu only by accident of birth." - Nehru "Congress Mukt Bharat" - www.narendramodi.in |
   
Reddit
Junior Artist Username: Reddit
Post Number: 173 Registered: 05-2013 Posted From: 122.175.11.61
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 04:42 am: |
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Tilak:i am sure you know anti-dumping protections around the world.
quote:Several global retailers have raised their concerns over the sourcing restriction.
Not just global even Indian retailers have raised this concern. Sourcing from small industries teyyamani valla okko demand not necessarily allow them to import. |
   
Tilak
Hero Username: Tilak
Post Number: 17654 Registered: 02-2012 Posted From: 14.99.44.121
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 04:36 am: |
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Reddit:
i am sure you know anti-dumping protections around the world. A community that can break the country is no minority - Sardar Patel "By education I am an Englishman, by views an internationalist, by culture a Muslim,& a Hindu only by accident of birth." - Nehru "Congress Mukt Bharat" - www.narendramodi.in |
   
Reddit
Junior Artist Username: Reddit
Post Number: 171 Registered: 05-2013 Posted From: 122.175.11.61
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 04:33 am: |
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Tilak:as on date .. what is Walmart's volume of business in India? bare minimum. Let them operate in these conditions till they grow and by which time, may be, the restrictions will be lifted ..
Walmart or most MNCs invest in backend and then start operating. Orally they have conveyed this to the concerned minister so nothing wrong in that right? |
   
Tilak
Hero Username: Tilak
Post Number: 17652 Registered: 02-2012 Posted From: 1.22.196.243
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 04:26 am: |
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Reddit:Walmart requires large scale production so small industries supply cheyyali ante kastam??
as on date .. what is Walmart's volume of business in India? bare minimum. Let them operate in these conditions till they grow and by which time, may be, the restrictions will be lifted .. A community that can break the country is no minority - Sardar Patel "By education I am an Englishman, by views an internationalist, by culture a Muslim,& a Hindu only by accident of birth." - Nehru "Congress Mukt Bharat" - www.narendramodi.in |
   
Reddit
Junior Artist Username: Reddit
Post Number: 170 Registered: 05-2013 Posted From: 122.175.11.61
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 04:23 am: |
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Tilak:enti .. small industries products lo "quality" undada? really?
Walmart requires large scale production so small industries supply cheyyali ante kastam?? poni invest chesi improve chesthe they cease to be small scale so they have to go for multiple vendors. If they have one or two vendors then they can have better control on quality |
   
Tilak
Hero Username: Tilak
Post Number: 17651 Registered: 02-2012 Posted From: 1.22.196.243
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 04:16 am: |
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Reddit:30 % manufactured/processed products have to be sourced from Indian small industries which might not be possible because of quality
enti .. small industries products lo "quality" undada? really? A community that can break the country is no minority - Sardar Patel "By education I am an Englishman, by views an internationalist, by culture a Muslim,& a Hindu only by accident of birth." - Nehru "Congress Mukt Bharat" - www.narendramodi.in |
   
Reddit
Junior Artist Username: Reddit
Post Number: 168 Registered: 05-2013 Posted From: 122.175.11.61
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 04:15 am: |
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Reddit:Definition of SSI as per GOI :http://www.niir.org/information/content.phtml?content=2
http://dcmsme.gov.in/ssiindia/definition.htm |
   
Reddit
Junior Artist Username: Reddit
Post Number: 167 Registered: 05-2013 Posted From: 122.175.11.61
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 04:13 am: |
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TSaint:meet 30% Sourcing
30 % manufactured/processed products have to be sourced from Indian small industries which might not be possible because of quality/ issues
quote:Definition of SSI as per GOI :http://www.niir.org/information/content.phtml?content=2
Devil is always in the details. |
   
Tilak
Hero Username: Tilak
Post Number: 17650 Registered: 02-2012 Posted From: 1.22.196.243
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 04:05 am: |
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Filmbuff:I can understand companies like Ikea saying this because their wood and parts might not be available here, but there is no logic for Walmart. Food items alone should cover this easily...
All retail imports should be taxed, and then this local sourcing conditions can be lifted .. A community that can break the country is no minority - Sardar Patel "By education I am an Englishman, by views an internationalist, by culture a Muslim,& a Hindu only by accident of birth." - Nehru "Congress Mukt Bharat" - www.narendramodi.in |
   
Filmbuff
Side Hero Username: Filmbuff
Post Number: 2095 Registered: 11-2011 Posted From: 122.160.66.90
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 04:02 am: |
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I can understand companies like Ikea saying this because their wood and parts might not be available here, but there is no logic for Walmart. Food items alone should cover this easily... |
   
Tilak
Hero Username: Tilak
Post Number: 17648 Registered: 02-2012 Posted From: 1.22.196.243
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, July 24, 2013 - 03:42 am: |
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no worries .. let walmart hang in there .. A community that can break the country is no minority - Sardar Patel "By education I am an Englishman, by views an internationalist, by culture a Muslim,& a Hindu only by accident of birth." - Nehru "Congress Mukt Bharat" - www.narendramodi.in |
   
Abhysg
Side Hero Username: Abhysg
Post Number: 9980 Registered: 08-2008 Posted From: 68.39.94.242
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, July 23, 2013 - 07:09 pm: |
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vongobetttali.. local products/market ni debba teesettu unte.. dobbeyy ani govt seppali.. ala sestadani mana govt meeda nammakam ledu... no siggy |
   
Gotcha
Hero Username: Gotcha
Post Number: 11746 Registered: 02-2008 Posted From: 107.6.95.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, July 23, 2013 - 07:06 pm: |
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Food itself should cover 30% of their goods ani naa feeling, so ut should be easy This real estate is for sale. |
   
Onlytruth
Legend Username: Onlytruth
Post Number: 122592 Registered: 01-2007 Posted From: 66.87.6.241
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, July 23, 2013 - 07:00 pm: |
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Govt bend avakunda unte better WHILE POSTING "MY" OPINIONS ON MODI I neither REPRESENT TDP nor TDP FANS' VIEW.
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Jawmetri
Side Hero Username: Jawmetri
Post Number: 2471 Registered: 12-2009 Posted From: 71.204.164.76
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, July 23, 2013 - 06:53 pm: |
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Gotcha:dobbamanu, anni china nunchi techi dump chedamu ani plan aa. no way mana govt oppukokudadu deeniki.
their $hit is better than ours. and grass is greener on the other side. but still the government should no budge. |
   
Gotcha
Hero Username: Gotcha
Post Number: 11745 Registered: 02-2008 Posted From: 8.19.193.14
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, July 23, 2013 - 05:53 pm: |
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dobbamanu, anni china nunchi techi dump chedamu ani plan aa. no way mana govt oppukokudadu deeniki. This real estate is for sale. |
   
Saint
Hero Username: Saint
Post Number: 18879 Registered: 01-2011 Posted From: 12.22.163.132
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, July 23, 2013 - 05:40 pm: |
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http://www.moneycontrol.com/news/business/cannot-meet-30-sou rcing-clause-walmart-to-indian-govt_923475.html#toptag |