Advertisement

HindustanTimes Sun,23 Nov 2014

Rahul backs FDI in multi-brand retail, says it will benefit farmers

PTI  Srinagar , October 05, 2012
First Published: 11:25 IST(5/10/2012) | Last Updated: 20:23 IST(5/10/2012)

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.

Advertisement


Addressing the national executive of Indian Youth Congress in Srinagar 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 that began on Thursday, said around 60 to 70% 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.

comment Note: By posting your comments here you agree to the terms and conditions of www.hindustantimes.com
blog comments powered by Disqus
Advertisement
more from Chandigarh

Riding in better policy

Transport is one of the fundamental requirements of business and the recent strike by diesel-run auto operators needs to be taken as a warning. Over 10,000 operators and drivers paralysed life for the relatively poorer populace of the tricity for over five days, before the administration did a volte-face and allowed 5,500 of these diesel-run autos with a specific type of engine (Bharat Stage III norms), registered from 2010 onwards, to run in Chandigarh till March 31, 2015. Writes Madhusheel Arora
Advertisement
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved