Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | FDI in retail can enrich 650 million Indians for inclusive growth    </title>
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-The Economic Times


The entire political opposition to allowing overseas investment in retail is focused on the assumed plight of traders and small merchants in India. How about consumers, who outnumber sellers by many multiples? And what about farmers, the bulk..."/>
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The entire political opposition to allowing overseas investment in retail is focused on the assumed plight of traders and small merchants in India. How about consumers, who outnumber sellers by many multiples? And what about farmers, the bulk..." />
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                            <p style="text-align: justify">-The Economic Times</p><p style="text-align: justify">The entire political opposition to allowing overseas investment in retail is focused on the assumed plight of traders and small merchants in India. How about consumers, who outnumber sellers by many multiples? And what about farmers, the bulk of India's population? The idea of organised retail is to get quality stuff to buyers at reasonable prices. To do that, retailers employ technology, storage and logistics to cut overhead costs, run lean inventories and minimise waste.&nbsp;</p><p style="text-align: justify">If small businesses can't keep up, they deserve to fold; experience, however, shows that indigenous businesses can hold their own against foreign brands. McDonald's has had to adopt local ways, making aloo tikkiburgers and offering free home delivery. Rivals like Haldiram's have not only held their own, but prospered at the same time. Despite its size and growth, India's retail sector is messy, unorganised and goes largely untaxed. In China, for example, organised retail comprises around 25% of total retail; despite the profusion of malls, India's share is a paltry 6.5%. It can rise without mass extinction of traders.&nbsp;</p><p style="text-align: justify">The most important item in the debate is the impact that big investments and new technologies will make on one vital sector: food and groceries. These are largely products from the farm, where productivity is dismal and the pressure of population high. Food and grocery make up 67% of India's retail sales, but only 2% of this market is organised. Companies like Walmart know this and it is no surprise that the US giant has set itself a target of increasing farm incomes by 20% each year from the time it enters the market. It hopes to have a network of 35,000 farmers supplying fresh veggies and grains to it by 2015.&nbsp;</p><p style="text-align: justify">This is necessary to break the monopoly of the mandi bosses who now suppress farmers' prices to drive up the incomes of traders. If organised retail can eliminate the middlemen in the farm-to-fork chain, it will boost the incomes of quite a few other Indians - about 650 million, who depend on farming for a living. That is no small gain. Steadily-growing farm incomes and productivity can revolutionise India, raise health, education and environmental standards, and make growth truly inclusive.</p>                                                           
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    <h1 class="cat-box-title">FDI in retail can enrich 650 million Indians for inclusive growth</h1>
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                            <p style="text-align: justify">-The Economic Times</p><p style="text-align: justify">The entire political opposition to allowing overseas investment in retail is focused on the assumed plight of traders and small merchants in India. How about consumers, who outnumber sellers by many multiples? And what about farmers, the bulk of India's population? The idea of organised retail is to get quality stuff to buyers at reasonable prices. To do that, retailers employ technology, storage and logistics to cut overhead costs, run lean inventories and minimise waste.&nbsp;</p><p style="text-align: justify">If small businesses can't keep up, they deserve to fold; experience, however, shows that indigenous businesses can hold their own against foreign brands. McDonald's has had to adopt local ways, making aloo tikkiburgers and offering free home delivery. Rivals like Haldiram's have not only held their own, but prospered at the same time. Despite its size and growth, India's retail sector is messy, unorganised and goes largely untaxed. In China, for example, organised retail comprises around 25% of total retail; despite the profusion of malls, India's share is a paltry 6.5%. It can rise without mass extinction of traders.&nbsp;</p><p style="text-align: justify">The most important item in the debate is the impact that big investments and new technologies will make on one vital sector: food and groceries. These are largely products from the farm, where productivity is dismal and the pressure of population high. Food and grocery make up 67% of India's retail sales, but only 2% of this market is organised. Companies like Walmart know this and it is no surprise that the US giant has set itself a target of increasing farm incomes by 20% each year from the time it enters the market. It hopes to have a network of 35,000 farmers supplying fresh veggies and grains to it by 2015.&nbsp;</p><p style="text-align: justify">This is necessary to break the monopoly of the mandi bosses who now suppress farmers' prices to drive up the incomes of traders. If organised retail can eliminate the middlemen in the farm-to-fork chain, it will boost the incomes of quite a few other Indians - about 650 million, who depend on farming for a living. That is no small gain. Steadily-growing farm incomes and productivity can revolutionise India, raise health, education and environmental standards, and make growth truly inclusive.</p>                                                           
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    <h1 class="cat-box-title">FDI in retail can enrich 650 million Indians for inclusive growth</h1>
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                            <p style="text-align: justify">-The Economic Times</p><p style="text-align: justify">The entire political opposition to allowing overseas investment in retail is focused on the assumed plight of traders and small merchants in India. How about consumers, who outnumber sellers by many multiples? And what about farmers, the bulk of India's population? The idea of organised retail is to get quality stuff to buyers at reasonable prices. To do that, retailers employ technology, storage and logistics to cut overhead costs, run lean inventories and minimise waste.&nbsp;</p><p style="text-align: justify">If small businesses can't keep up, they deserve to fold; experience, however, shows that indigenous businesses can hold their own against foreign brands. McDonald's has had to adopt local ways, making aloo tikkiburgers and offering free home delivery. Rivals like Haldiram's have not only held their own, but prospered at the same time. Despite its size and growth, India's retail sector is messy, unorganised and goes largely untaxed. In China, for example, organised retail comprises around 25% of total retail; despite the profusion of malls, India's share is a paltry 6.5%. It can rise without mass extinction of traders.&nbsp;</p><p style="text-align: justify">The most important item in the debate is the impact that big investments and new technologies will make on one vital sector: food and groceries. These are largely products from the farm, where productivity is dismal and the pressure of population high. Food and grocery make up 67% of India's retail sales, but only 2% of this market is organised. Companies like Walmart know this and it is no surprise that the US giant has set itself a target of increasing farm incomes by 20% each year from the time it enters the market. It hopes to have a network of 35,000 farmers supplying fresh veggies and grains to it by 2015.&nbsp;</p><p style="text-align: justify">This is necessary to break the monopoly of the mandi bosses who now suppress farmers' prices to drive up the incomes of traders. If organised retail can eliminate the middlemen in the farm-to-fork chain, it will boost the incomes of quite a few other Indians - about 650 million, who depend on farming for a living. That is no small gain. Steadily-growing farm incomes and productivity can revolutionise India, raise health, education and environmental standards, and make growth truly inclusive.</p>                                                           
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Home हिन्दी

FDI in retail can enrich 650 million Indians for inclusive growth

Published on Nov 30, 2011   Modified on Nov 30, 2011

-The Economic Times The entire political opposition to allowing overseas investment in retail is focused on the assumed plight of traders and small merchants in India. How about consumers, who outnumber sellers by many multiples? And what about farmers, the bulk of India's population? The idea of organised retail is to get quality stuff to buyers at reasonable prices. To do that, retailers employ technology, storage and logistics to cut overhead costs, run lean inventories and minimise waste.  If small businesses can't keep up, they deserve to fold; experience, however, shows that indigenous businesses can hold their own against foreign brands. McDonald's has had to adopt local ways, making aloo tikkiburgers and offering free home delivery. Rivals like Haldiram's have not only held their own, but prospered at the same time. Despite its size and growth, India's retail sector is messy, unorganised and goes largely untaxed. In China, for example, organised retail comprises around 25% of total retail; despite the profusion of malls, India's share is a paltry 6.5%. It can rise without mass extinction of traders.  The most important item in the debate is the impact that big investments and new technologies will make on one vital sector: food and groceries. These are largely products from the farm, where productivity is dismal and the pressure of population high. Food and grocery make up 67% of India's retail sales, but only 2% of this market is organised. Companies like Walmart know this and it is no surprise that the US giant has set itself a target of increasing farm incomes by 20% each year from the time it enters the market. It hopes to have a network of 35,000 farmers supplying fresh veggies and grains to it by 2015.  This is necessary to break the monopoly of the mandi bosses who now suppress farmers' prices to drive up the incomes of traders. If organised retail can eliminate the middlemen in the farm-to-fork chain, it will boost the incomes of quite a few other Indians - about 650 million, who depend on farming for a living. That is no small gain. Steadily-growing farm incomes and productivity can revolutionise India, raise health, education and environmental standards, and make growth truly inclusive.

The Economic Times, 30 November, 2011, http://economictimes.indiatimes.com/opinion/editorial/fdi-in-retail-can-enrich-650-million-indians-for-inclusive-growth/articleshow/10926390.cms

Tagged with: FDI Retail

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