FDI in Retail Will Benefit Farmers: Rahul
Backing Centre's decision to allow FDI in multi-brand retail, Congress leader Rahul Gandhi has said the decision will help farmers prosper by removing middlemen from the supply chain and generate new jobs.

Addressing the national executive of Indian Youth Congress here last night, Rahul said FDI in retail will help farmers store their produce safely for a longer duration, thus ensuring best value for their crops.

The 42-year-old AICC general secretary, who is here on a two-day visit beginning yesterday, said around 60 to 70 per cent of all perishable products in the country eventually rot due to lack of proper storage facilities.

The situation, however, will change once FDI in retail comes in, Rahul was quoted as saying in a Youth Congress release.

He said farmers could not get good price for their produce as the middlemen in the 'Mandis' would buy from them at very low rates and sell the same at a much higher price in cities.

But once FDI comes in, they will be taken out of this equation, he said.

FDI will also create lot of new jobs, which will not only lead to higher income generation but also significantly reduce unemployment, thereby having a salutary effect on the economy, he said.

He, however, said all contractual agreements that farmers get into with the retailers "should be carefully monitored" in order to ensure that interests of the farmer are not harmed.

Rahul noted that in the contemporary world, all economies are interconnected, thus having impact on each other.

"If something happens in the US, it will most likely affect events in India, and vice versa," he said.

Earlier, talking to members of the Jammu and Kashmir NSUI national executive, Rahul said it was important to win the hearts and minds of the student community in Kashmir.

"We need to earn their trust, their faith. I am here to win their trust through dialogue and deeds," he said.

Rahul also asked state NSUI leadership to bring a delegation of students to Delhi and meet Union HRD Minister Kapil Sibal to sort out all issues concerned to them.
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Digression

2/D-36
Oct 05, 2012
12:39 PM

'He said farmers could not get good price for their produce as the middlemen in the 'Mandis' would buy from them at very low rates and sell the same at a much higher price in cities.

But once FDI comes in, they will be taken out of this equation, he said.'

Even today all the Super Bazars or Malls are buying from the Middle Men from the Mandies .

a k ghai, mumbai
1/D-23
Oct 05, 2012
11:02 AM

  around 60 to 70 per cent of all perishable products >>> Only a few days back it was 40-50% wastage. By the time 2014 comes around, I guess it will be 90% wastage to sell us Indians the miracle that is FDI in retail!

Anyway, as per UN, the Western countries (Europe and US) which is aped by India also wastes 50% of food and vegetables:

http://www.forbes.com/sites/nadiaarumugam/2012/10/04/un-says-europe-wastes-50-of-fruit-and-vegetables-and-america-isnt-much-better/

Accidental damage during threshing or fruit picking; damage by insects; mechanical damage and spillage during harvest, and crops filtered out post-harvest by quality requirements of supermarkets and food companies are some of the reasons why 20% of produce in Europe won’t even make it to a grocery store shelf, let alone a plate.

And let us not forget the huge farm subsidies the farmers in these countries enjoy.

bharat, delhi
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