Good morning !!!!
Question :-
1)Will foreign direct investment in retail sector helps farmers?If not Why?
2)What are MNCs
Thank you
No spam
#ExamTime
Answers
Answered by
5
Ōla mate !!!
1)No Foreign direct investments in retail sector doesn’t help the farmers .It may be helpful at first then later FDI misuse their power to buy the produced good under low price and sell at higher prices.
2)MNCs are Multi National Companies.
Hope it helps ♥️♥️
kshitelucky:
Thank you ^_^
Answered by
5
hey
Good morning! Have a beautiful day!
1. FDI(Foreign Direct Investment) in retail industry means that foreign companies in certain categories can sell products through their own retail shops in the country. At present FDI in pure retailing is not permitted under indian law. In my opinion FDI is bad for indian economy . As it doesn't help the county itself it is not useful or helpful to the farmers of the country
2. A Multi National Company (MNC) which is not permitted to only one country. It produces goods all over the world. A MNC has many advantages as well as disadvantages
Advantages :-
☆ Increases the production
☆ cheaper goods at good quality
☆ Increases standard of living
Disadvantages:-
☆ Effects the local goods
☆ Effects other country's economy
☆ Small producers cannot compete with larger MNCs and perish
@bhaveshvk18
Good morning! Have a beautiful day!
1. FDI(Foreign Direct Investment) in retail industry means that foreign companies in certain categories can sell products through their own retail shops in the country. At present FDI in pure retailing is not permitted under indian law. In my opinion FDI is bad for indian economy . As it doesn't help the county itself it is not useful or helpful to the farmers of the country
2. A Multi National Company (MNC) which is not permitted to only one country. It produces goods all over the world. A MNC has many advantages as well as disadvantages
Advantages :-
☆ Increases the production
☆ cheaper goods at good quality
☆ Increases standard of living
Disadvantages:-
☆ Effects the local goods
☆ Effects other country's economy
☆ Small producers cannot compete with larger MNCs and perish
@bhaveshvk18
Similar questions