Question

advantages and disadvantages of alllowing foreign retail stores in india

Answer 1

Advantages
.. Globalisation
.. Promote friendship among nations
.. Allow quality products everywhere
Disadvantages
.. Decrement in profit of local companies
.. Against Swadeshi and Make in India

Answer 2

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$\huge{\mathfrak{\underline{Answer:-}}}$

$\rm{\boxed{Advantages:}}$

• Foreign direct investment will increase demand for farm products.

• Basing on demand the production of farm good will be increased.

• Better storage facilities will be provided.

• Minimise waste of farm produce.

• Farmers will be saved from the traps of money lenders.

$\rm{\boxed{Disadvantages:}}$

• The small farmers and landless labour will be the loosers.

• Is will influence the farmers and may buy produce at low costs.

• They will not invest much on storage facilities but charge high rates for storage.

• There will be loss of jobs in traditional and small retail sectors.

• The foreign companies will sooner or later misuse - their power to buy in large quantities.

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