Press Releases Archive

Sri Surendra Srivastava's Chat on Twitter

Surendra Srivastava @SurendraLSP - @teentakle1212 @Amitjan many thanks. we need more people to join in

As Reply to

Prateek Thakker @teentakle1212 - RT @Amitjan: #loksattalive : Congrts , great effort to educate people from myths. nation like India can do wonders by regualized back ends

Srinivas Mandapati @srinumandpati - @SurendraLSP @JP_LOKSATTA read somewhere India already has FDI in cold storage? If true, why hasn't this policy had impact on the ground

Surendra Srivastava @SurendraLSP - @srinumandpati @JP_LOKSATTA Indian manufacturing sector is already hit by bad and corrupt governance, lack of infrastructure cont

As Reply to

Srinivas Mandapati @srinumandpati - @JP_LOKSATTA The BJP claims FDI in retail will hurt the country's manufacturing sector. "Sales boys and girls" . Thoughts? #loksattalive

Srinivas Mandapati @srinumandpati - @SurendraLSP @JP_LOKSATTA read somewhere India already has FDI in cold storage? If true, why hasn't this policy had impact on the ground

Surendra Srivastava @SurendraLSP - @SurendraLSP @srinumandpati @JP_LOKSATTA in fact FDI will help creating supply chain infrastructure and help

As Reply to

Srinivas Mandapati @srinumandpati - @JP_LOKSATTA The BJP claims FDI in retail will hurt the country's manufacturing sector. "Sales boys and girls" . Thoughts? #loksattalive

Surendra Srivastava @SurendraLSP - @GVRDon @JP_LOKSATTA FDI will help create supply chain infrastructure and bring the skills for its efficient management

As Reply to

Raghava Rohit @GVRDon - @JP_LOKSATTA how can the policies be implemented without having the necessary infrastructure,resources,man management? #loksattalive

Surendra Srivastava @SurendraLSP - @ramramdas @JP_LOKSATTA agree

As Reply to

Ram Ramdas @ramramdas - @JP_LOKSATTA #loksattalive just a policy announcement may not open the gates. Too much noise both pro and con is being made abt FDI

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.

Surendra Srivastava @SurendraLSP - @massmaharaaj @JP_LOKSATTA Multiple reforms in various sectors of politics and governance needed...

As Reply to

Z RAVITEJA REDDY @massmaharaaj - #loksattalive how to remove Corruption? Any plan and that a single person can do? @JP_LOKSATTA

Surendra Srivastava @SurendraLSP - @actindia agree therefore there FDI move is welcomed

As Reply to

sateashjain @actindia - What ?Bharat Bandh ?India already in shut down mode for the past eight years under dynamic rule of Congress-UPA,Scammohan Singh and SoniyaG.

Sanjay Jhunjhunwala @PollTics - @SurendraLSP its a silver lining till it doesn't affect your own pocket. #loksattalive

Surendra Srivastava @SurendraLSP - @PollTics @abhijitmajumder with policy parlysis Bharat is already badh for few years now. FDI in retail is silver lining

As Reply to

Sanjay Jhunjhunwala @PollTics - RT @abhijitmajumder: Every Bharat Bandh used to have my full and unstinting support till I chose journalism as my career #loksattalive

Surendra Srivastava @SurendraLSP - @ManojThansi @JP_LOKSATTA that is why we need to be active to ensure that Govt delivers

As Reply to

Manoj Thansi @ManojThansi - @JP_LOKSATTA Sir, population is growing fast,but govt's initiatives are slower than private initiatives:( http://www.worldometers.info #LOKSATTALIVE

Surendra Srivastava @SurendraLSP - @jvsk3 India need efficient supply chain management, capital for infrastructure therofore let us not worry too much about these

As Reply to

j venkatesh @jvsk3 - #loksattalive When V have a very faulty system Governing our Country is it right 2 open our Mkts 2 Notorious Retail Giants?

Surendra Srivastava @SurendraLSP - @jvsk3 @JP_LOKSATTA what is killing us is not FDI but Vote Bank politics

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j venkatesh @jvsk3 - @JP_LOKSATTA Do agree but should know whom R V inviting they R big Giants who R notorious &our present chaos idle for them2turn as Parasites

Jayaprakash Narayan @JP_LOKSATTA - @jvsk3 This applies to all spheres of economy. We cannot wait for politics to improve before mending economy. #fdi #loksattalive

j venkatesh @jvsk3 - #loksattalive When V have a very faulty system Governing our Country is it right 2 open our Mkts 2 Notorious Retail Giants?

Surendra Srivastava @SurendraLSP - Vote Bank Politics is creating imbalance in distributing wealth amongst people. We need political and governance reforms

Surendra Srivastava @SurendraLSP - @magikalyan @JP_LOKSATTA The evidence shows that they both can exist and gain in greater then comparative loss #loksattalive

As Reply to

Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive #FDI might improve the economy, but would the gain surpass the loss to the daily retail seller?

mallrui @mallrui - @sisiro @SurendraLSP Our nation is already a dont knw wat knd of chks&balances r in place #FDI #loksattalive Hav v implemented any?

mallrui @mallrui - @ramramdas @SurendraLSP @sisiro Need is storage then. Do V need #FDI tech to build storage #loksattalive

A Common Man @sisiro - @SurendraLSP @mallrui But how do we ensure that a) foreign co's dont abuse our systems n resources n b) imported mgmt skills useful to IN?

mallrui @mallrui - @SurendraLSP @sisiro Resources gvn4free & dont hv capital to buy management skills.Or V dont have intentions2b honest #FDI #loksattalive

Ram Ramdas @ramramdas - @SurendraLSP @sisiro @mallrui #loksattalive there are an avg 7 level of NON value adding intermediation in farm produce tday. 40% waste yet

Surendra Srivastava @SurendraLSP - @sisiro @mallrui We need capital and best management skills to take on middle man and hence FDI is welcomed #loksattalive

As Reply to

A Common Man @sisiro - @mallrui Current Rythu Bazars are now infiltrated by middle men, and real farmers lost #loksattalive

mallrui @mallrui - #loksattalive RythuBazars were started in 19992benefit farmers&remove middlemen.Did V improve or try2 improve r wil only #FDI gives honesty?

Surendra Srivastava @SurendraLSP - @Vidyut smaller farmers in India r already marginalized. They will infact be benefitted by capital&efficient management in supplychain..

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Vidyut @Vidyut - FDI in retail is going to drive down global prices, eventually strangling the growth of the small farmer. #loksattalive

Surendra Srivastava @SurendraLSP - @Gubbi That is a myth and evidence shows that vote bank politics manipulates policy #loksattalive

As Reply to

Vinuth M. Madinur @Gubbi - #loksattalive Although systems will be efficient end-to-end food chain control will be with bigger players, easy to manipulate gvt policies.

emanth V @hemuhere - @SurendraLSP why has the deficit become so big in the first place?,becoz of UPA's flawed policies,spending beyond means,NAC's cruel decision

Surendra Srivastava @SurendraLSP - @hemuhere fiscal deficit is restricting freedom of government to reform and many such steps are needed. #loksattalive

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emanth V @hemuhere - Disagree totally with these price hikes of LPG, petrol deisel,its got more to do with fiscal deficit and less with 'reforms #loksattalive

Cloud Boy @cloudsaaspaas - @SurendraLSP Ofcourse. My point is to bring Lokpal before #FDI.

Surendra Srivastava @SurendraLSP - @cloudsaaspaas Indian corporates r equally involved in similarlobb. In-factvote bankpolitics hv been holding such bold steps #loksattalive

As Reply to

Cloud Boy @cloudsaaspaas - WalMart has spent Rs.52 Crore in two years to lobby , as per statement made in USA. #LOKSATTALIVE

Surendra Srivastava @SurendraLSP - @sheopory Peopleopposed IT for votebank nowthey oppose FDI V wl become stronger more stronger after our supply chain is fixed. #loksattalive

As Reply to

Abhishek Sheopory @sheopory - Compare FDI to IT revolution. If MNC offices were blocked in India, would the standard of IT have improved here? #LoksattaLive

Monday, September 17, 2012 - 08:05

Dr.Ashwin Mahesh's Chat on Twitter

Ashwin Mahesh @ashwinmahesh - Join me, JP and Surendra Srivastava this evening from 6-7 for a live debate on twitter, as we look at the recent... http://fb.me/1jctwyuOe

Ashwin Mahesh @ashwinmahesh - @kharesm @JP_LOKSATTA the 'policy' decision is not really taken on the basis of policy.

As Reply to

Saurabh Khare @kharesm - @JP_LOKSATTA Why is kerosene subsidy not touched? Wouldn't that increase the adulteration in diesel? Cash transfer possible? #LoksattaLive

Saurabh Khare @kharesm - @ashwinmahesh @JP_LOKSATTA hmm..correct. They didn't think of fiscal deficit when introducing NREGA or FSB. #LoksattaLive

Ashwin Mahesh @ashwinmahesh - @kharesm @JP_LOKSATTA The 'fiscal prudence' argument only makes sense if prudence is generally woven into many other decisions also.

As Reply to

Saurabh Khare @kharesm - @JP_LOKSATTA Why is kerosene subsidy not touched? Wouldn't that increase the adulteration in diesel? Cash transfer possible? #LoksattaLive

Ashwin Mahesh @ashwinmahesh - The 'fiscal prudence' argument only makes sense if prudence is generally woven into many other decisions also. Else, just a vacuous claim.

Ashwin Mahesh @ashwinmahesh - #loksattalive There is a tendency for the debate on 'F'DI to turn into a debate on organised retail itself. These are 2 different things.

Ashwin Mahesh @ashwinmahesh - #loksattalive Indian citizens and Indian-owned companies can already invest in the retail industry, no restrictions. And many already do.

Ashwin Mahesh @ashwinmahesh - #loksattalive Now the question is : should others, i.e. not Indians, also be 'allowed' to invest in the retail sector?

Ashwin Mahesh @ashwinmahesh - #loksattalive 'Multi-brand' retail is a vague distinction. Govt has confused things unnecessarily by this term.

Ashwin Mahesh @ashwinmahesh - #loksattalive Ikea is as multi-brand as Walmart; whether one organises and integrates producers or suppliers is the only difference.

Aravind @arav_m - @ashwinmahesh yes but don't we need reform in manufacturing policy & labor laws to increase efficacy of organised retail incl FDI? #FDI

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive it is inevitable in the sense that at some point in any economic chain, someone has to foot the bill

As Reply to

Aravind @arav_m - #loksattalive LSP stand on supporting fuel $ hike as inevitable seems misplaced as oil cos taxed high & inefficient schemes take big share?

Aravind @arav_m - @ashwinmahesh sadly,govt looking at FDI as silver bullet w/o realizing cost of poor framework around it is settng up 4 failure #loksattalive

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive fully agree ... that's why I said this is as much a 'foreign' affairs issue as it is an economic one.

Aravind @arav_m - @ashwinmahesh we all r aware how china keeps currency artificially low to make its exports competitive, this skews compet #loksattalive #FDI

Aravind @arav_m - @ashwinmahesh true sir. unfortunately signal going out is govt opening up retail w/o looking at reforms in labor, manuf #loksattalive #FDI

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive fiscal discipline is not part of the overall policy framework of govt. They trot it out whenever it suits them.

As Reply to

Aravind @arav_m - #loksattalive LSP stand on supporting fuel $ hike as inevitable seems misplaced as oil cos taxed high & inefficient schemes take big share?

Ashwin Mahesh @ashwinmahesh - @MaheshMrcool #loksattalive they could. To some extent, already do. But they lack certain areas of expertise. Most are finance companies :)

As Reply to

Mahesh @MaheshMrcool - #loksattalive if role of bigger shops r needed why cant TATA, GMR and Birla companies step in like Reliance.

Ashwin Mahesh @ashwinmahesh - #loksattalive International relations are more about 'negotiation' than about economic rationale or common sense.

Ashwin Mahesh @ashwinmahesh - #loksattalive Countries do what is best for themselves, usually. But some nations know how to position their view as 'good for everyone!

Ashwin Mahesh @ashwinmahesh - #loksattalive Aviation FDT was permitted only by non-airlines until now - that tells how little common sense there is in 'foreign' policy.

Ashwin Mahesh @ashwinmahesh - @JhunjhunwalaFC @JP_LOKSATTA some of this is just a 'sell out' strategy. #loksattalive

As Reply to

Jhunjhunwala FC @JhunjhunwalaFC - RT @JP_LOKSATTA: #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome

Ashwin Mahesh @ashwinmahesh - @JhunjhunwalaFC #loksattalive Some Indian co.s can't really hack it; they've briefly cornered certain value. Their only 'ROI' is by selling.

As Reply to

Jhunjhunwala FC @JhunjhunwalaFC - RT @JP_LOKSATTA: #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome

Ashwin Mahesh @ashwinmahesh - @JhunjhunwalaFC #loksattalive Similar to Coalgate. Ghutka, chaddi makers plan to exit selling to real miners. A few retailers will do same

As Reply to

Jhunjhunwala FC @JhunjhunwalaFC - RT @JP_LOKSATTA: #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome

Aravind @arav_m - @ashwinmahesh sadly,govt looking at FDI as silver bullet w/o realizing cost of poor framework around it is settng up 4 failure #loksattalive

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive fully agree ... that's why I said this is as much a 'foreign' affairs issue as it is an economic one.

As Reply to

Aravind @arav_m - @ashwinmahesh we all r aware how china keeps currency artificially low to make its exports competitive, this skews compet #loksattalive #FDI

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive fiscal discipline is not part of the overall policy framework of govt. They trot it out whenever it suits them.

Aravind @arav_m - #loksattalive LSP stand on supporting fuel $ hike as inevitable seems misplaced as oil cos taxed high & inefficient schemes take big share?

Ashwin Mahesh @ashwinmahesh - #loksattalive We must develop the skill to negotiate the national interest in international fora - an important part of global competition

Ashwin Mahesh @ashwinmahesh - @arav_m time for the states to grow up. We can't hide behind Centre's idiocy all the time :) #loksattalive

Ashwin Mahesh @ashwinmahesh - @arav_m no alternative to this, except to ensure that our 'negotiation' teams are strong. Can't send officials on junket tours #loksattalive

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive - infra is needed regardless of who uses the channel, Indian or others. Shd remove roadblocks to all infra investments

As Reply to

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.

Ashwin Mahesh @ashwinmahesh - #loksattalive We must also ensure 'national interest' represented by Centre is truly the nation's interest, not just some crony capitalism.

Ashwin Mahesh @ashwinmahesh - #loksattalive At state level, one source of anger is Central government doesn't really 'consult' the states on a lot of trade matters.

Ashwin Mahesh @ashwinmahesh - #loksattalive Blame for this lies with state MPs - what are they doing in Delhi? Especially Rajya Sabha MPs, who represent their states?

Ashwin Mahesh @ashwinmahesh - @PollTics #loksattalive most likely :) But we needn't worry too much. Even the support is based partly on realpolitik !!

As Reply to

Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA #loksattalive is the opposition to FDI in retail based on real politic rather than any concern for small business owners?

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive But failure to act in one area is no ground for inaction else where.

Ashwin Mahesh @ashwinmahesh - @rubenmasc #loksattalive has no capacity to 'invest' in anything. Real investments require more than just money.

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Ruben Mascarenhas @rubenmasc - #loksattalive BJP's argument is that Govt. should invest in Food processing,not leave it in pvt hands who may exploit,ur take? @as @jp

Ashwin Mahesh @ashwinmahesh - @Amitjan #loksattalive middlemen exist mainly because information and price-awareness channel between producer and consumer is broken

As Reply to

Amit Choudary @Amitjan - #loksattalive : Being concerned about Middlemen, What about farmers? even today most of them get underpaid, or their produce get wasted .

Ashwin Mahesh @ashwinmahesh - @arav_m time for the states to grow up. We can't hide behind Centre's idiocy all the time :) #loksattalive

Ashwin Mahesh @ashwinmahesh - @arav_m no alternative to this, except to ensure that our 'negotiation' teams are strong. Can't send officials on junket tours #loksattalive

As Reply to

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive - infra is needed regardless of who uses the channel, Indian or others. Shd remove roadblocks to all infra investments

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.

Ashwin Mahesh @ashwinmahesh - @RamSasidhar #loksattalive all over the world the std approach is to set up preferential access to small businesses, in the same channels.

As Reply to

Ram Sasidhar @RamSasidhar - @JP_LOKSATTA If FDI is accepted, then what initiatives should be taken to support small business owners! #loksattalive @ashwinmahesh

Ram Sasidhar @RamSasidhar - @ashwinmahesh Thank You!

Ashwin Mahesh @ashwinmahesh - @RamSasidhar #loksattalive reserving a portion of govt buying for small businesses, lower cost of finance ... etc

As Reply to

Ram Sasidhar @RamSasidhar - @JP_LOKSATTA If FDI is accepted, then what initiatives should be taken to support small business owners! #loksattalive @ashwinmahesh

Ashwin Mahesh @ashwinmahesh - @PollTics by all means

Sanjay Jhunjhunwala @PollTics - @ashwinmahesh #loksattalive trying to act as the devil's advocate becuase the debate is heavily swayed towards pro #FDI ers.

Ashwin Mahesh @ashwinmahesh - @PollTics @JP_LOKSATTA it should not be the ONLY medium, but no harm if it is discussed here also.

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Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA #loksattalive critics would argue that internet is not the right medium to discuss an issue which concerns common man.

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.

Loksatta follower @LoksattaMember - @MaheshMrcool @ashwinmahesh we are not supporting every move of GOV for your kind information :)

Mahesh @MaheshMrcool - @ashwinmahesh #loksattalive Now we r thinking on FDI. I want to know what Gov had achieved by nuclear Bill.

Ashwin Mahesh @ashwinmahesh - @MaheshMrcool #loksattalive risks and opportunities go hand in hand. We also missed the bus on development. Many others are far ahead.

As Reply to

Mahesh @MaheshMrcool - #loksattalive we escaped recession because our economy is mostly independent.By FDI i feel unstability in indian economy will come

Abdul Azeez Shaik @abdulazeez1984 - @ashwinmahesh Due to this, aren't foreign carriers have edge over indian carriers?Shouldn't it be on par with world's avg? #loksattalive

Ashwin Mahesh @ashwinmahesh - @abdulazeez1984 #loksattalive high ATF only works because foreign ops are a small %age. Else they would fuel abroad :)

As Reply to

Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.

Ashwin Mahesh @ashwinmahesh - @PollTics by all means

As Reply to

Sanjay Jhunjhunwala @PollTics - @ashwinmahesh #loksattalive trying to act as the devil's advocate becuase the debate is heavily swayed towards pro #FDI ers.

Ashwin Mahesh @ashwinmahesh - @PollTics @JP_LOKSATTA it should not be the ONLY medium, but no harm if it is discussed here also.

Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA #loksattalive critics would argue that internet is not the right medium to discuss an issue which concerns common man.

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.

Ashwin Mahesh @ashwinmahesh - @srinumandpati rest are not prisoners. If the public saw them debate, they would never vote for them again :) #loksattalive

As Reply to

Srinivas Mandapati @srinumandpati - #loksattalive the only party debating the issue in a proper manner, allowing all pts of view. Rest are prisoners of their votebanks

Ashwin Mahesh @ashwinmahesh - @vnands #loksattalive depends on a lot of things. But we should ask whether the tide will lift for all.

As Reply to

vijayanand samudrala @vnands - #loksattalive - will FDI create distributed wealth or concentrated wealth??

Ashwin Mahesh @ashwinmahesh - @ramramdas #loksattalive yes, actual investment will be measured. Nothing new will happen right away, except in airlines.

As Reply to

Ram Ramdas @ramramdas - @JP_LOKSATTA #loksattalive just a policy announcement may not open the gates. Too much noise both pro and con is being made abt FDI

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.

Ashwin Mahesh @ashwinmahesh - #loksattalive Ony growth and jobs will end poverty. We can't wish away this truth. Need to ask, therefore: what will create these?

Ashwin Mahesh @ashwinmahesh - @arav_m time for the states to grow up. We can't hide behind Centre's idiocy all the time :) #loksattalive

As Reply to

Ashwin Mahesh @ashwinmahesh - @arav_m no alternative to this, except to ensure that our 'negotiation' teams are strong. Can't send officials on junket tours #loksattalive

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive - infra is needed regardless of who uses the channel, Indian or others. Shd remove roadblocks to all infra investments

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.

Ashwin Mahesh @ashwinmahesh - #loksattalive We shd use words like 'allow' carefully. We shd not restate things we need as things we permit - a typical socialist confusion

Ashwin Mahesh @ashwinmahesh - @worldofdilbar #loksattalive we wont have big retail without the backend. Out of their own self-interest they will do it.

As Reply to

SP @worldofdilbar - #loksattalive How can we ensure big retail would not ignore back-end infra investment

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive unfortunate truth is that these things combine politics and economics. Purely one alone is not an option.

As Reply to

Ashwin Mahesh @ashwinmahesh - #loksattalive Ony growth and jobs will end poverty. We can't wish away this truth. Need to ask, therefore: what will create these?

Ashwin Mahesh @ashwinmahesh - @jvsk3 #loksattalive you're right. That's why we need to get both politics and economics right.

As Reply to

j venkatesh @jvsk3 - #loksattalive When V have a very faulty system Governing our Country is it right 2 open our Mkts 2 Notorious Retail Giants?

Prashen Kyawal @prashen - @ashwinmahesh @arav_m saying this since ages

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive notice how when they raise prices, they don't adjust tax rates? They can easily keep the tax as a number, not a %age.

As Reply to

Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Our Tax-GDP ratio is still low. We need taxes to run Govt. There can be some tweaking, but not much. #loksattalive #FDI

Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.

PradeepReddy Boppidi @pradeepboppidi - @ashwinmahesh rightly pointed, Infra projects do bridge d gaps. But clearing d projects need political will, supported by innovative tech

Ashwin Mahesh @ashwinmahesh - @pradeepboppidi #loksattalive certainly, especially in infra. If we are smart, we should first 'clear' the infra proposals before others.

As Reply to

PradeepReddy Boppidi @pradeepboppidi - RT @JP_LOKSATTA: #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and...

Ashwin Mahesh @ashwinmahesh - @vnands #loksattalive not strictly true - auto sector foreign-dominated, but Indian-produced. Telecom relies lot on foreign IT and hardware.

As Reply to

vijayanand samudrala @vnands - #loksattalive large Indian businesses enjoyed success in auto, telecom and oil sectors without global partnerships...why not in retail?

Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive notice that in countries with large retail, farmers are among the most pampered !!

As Reply to

Dr. Indira Koneru @indirakoneru - Farmers may be given lucrative prices initially; but eventually they will be at the mercy of big retailers, isn't it? #loksattalive #fdi

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive in economic systems, we must not treat diligent and indifferent people the same.

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive in my judgment, yes. I think there is genuine opportunity today for those who WANT to move up.

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive there are countries, states, cities where this has happened globally. Even Walmart failed in some places

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive - let's explore this. Why is 'small' better than 'big'?

Ashwin Mahesh @ashwinmahesh - @phani_alla1988 #loksattalive There are countries where even W has failed, while smaller retail has thrived. Big is not automatically enuf.

As Reply to

Karan @karancspeaks - @ashwinmahesh Exactly. The other things you said should be implemented first and then FDI in retail.Otherwise this will lead to oligopoly.

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive there is no such thing as the only solution. It is also an option. There are many other things needed.

As Reply to

Karan @karancspeaks - To bring in efficiency in to the un-organised system, FDI is not the only solution. #loksattalive

Ashwin Mahesh @ashwinmahesh - @Ganesh_Khare #loksattalive in peri urban areas farmers are quitting farming because the land is worth more for other uses.

Ganesh Khare @Ganesh_Khare - @ashwinmahesh #loksattalive agree. hw will it benefit farmers. mny farmers r quitng farmg

Ashwin Mahesh @ashwinmahesh - @Ganesh_Khare #loksattalive if the logistics infra comes up, then there will be more sources of 'local' jobs.

As Reply to

Ganesh Khare @Ganesh_Khare - #loksattalive. #fb apart from technical knowhow & some more money In mkt, hw wil our econmony bnefit?

Ashwin Mahesh @ashwinmahesh - #loksattalive Subsidy revisions in diesel and LPG - the step is right one to take, but the logic is still deeply unconnected from reality.

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive partly because partial steps are not enough in industries that make sense only in totality.

As Reply to

Cloud Boy @cloudsaaspaas - @JP_LOKSATTA FDI is already allowed in storage and no investment has come in. Why is that? #loksattalive

Ashwin Mahesh @ashwinmahesh - @abdulazeez1984 #loksattalive have been advising JnNURM on this. Second version likely to be more sensible than first.

As Reply to

Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA Sir, shouldn't devpmnt of public transport be high priority for state govts to counter high petrol&diesel prices? #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Oil pricing is also abt incentives wid growin shortages & imports we need to promote othr fuels. Taxation hlps #loksattalive

Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive I told you this is partly politics, not just econ :)

As Reply to

Ram Ramdas @ramramdas - @dkarthik @ashwinmahesh @phani_alla1988 #loksattalive walmart stores hv closed even in china

Ashwin Mahesh @ashwinmahesh - @phani_alla1988 #loksattalive There are countries where even W has failed, while smaller retail has thrived. Big is not automatically enuf.

Ashwin Mahesh @ashwinmahesh - @Ganesh_Khare #loksattalive in peri urban areas farmers are quitting farming because the land is worth more for other uses.

As Reply to

Ashwin Mahesh @ashwinmahesh - @jai1900 #loksattalive there is a failure of politics, no doubt. Loksatta has been saying we cant crack this without political change too.

jai @jai1900 - @ashwinmahesh #loksattalive @ashwinmahesh but when it was allowed to import on condition of local manufacturing it voilated and got away

Ashwin Mahesh @ashwinmahesh - @jai1900 #loksattalive that was partly a 'company' issue, not only a matter of international trade/finance.

As Reply to

jai @jai1900 - #loksattalive How to stop one more Reebok happening after #FDI

Ashwin Mahesh @ashwinmahesh - @PollTics #loksattalive I am not that particular about the source of investment. I think we should ask the question more generally.

As Reply to

Sanjay Jhunjhunwala @PollTics - RT @PollTics: @JP_LOKSATTA what are your suggestions to promote more FDI in the country? #loksattalive @ashwinmahesh

Karan @karancspeaks - @ashwinmahesh Is system ready to absorb people who will be thrown out of the so called unorganised sector due to this?? #loksattalive

Karan @karancspeaks - @ashwinmahesh I dont care about W but there is a huge no. of people directly and indirectly depending on this sector. #loksattalive

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive there are countries, states, cities where this has happened globally. Even Walmart failed in some places

Karan @karancspeaks - @ashwinmahesh Efficiency is what Big are supposed to be bringing in system. But that is a primary responsibility of the state. #loksattalive

Karan @karancspeaks - @ashwinmahesh No. But organised small 100x times better than Big. Efficiency has to be bought in the system, by the system. #loksattalive

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive - let's explore this. Why is 'small' better than 'big'?

As Reply to

Karan @karancspeaks - @ashwinmahesh But small will no longer be sustainable to fight against the big. Small cannot fight for longer time. #loksattalive

Ashwin Mahesh @ashwinmahesh - @phani_alla1988 #loksattalive There are countries where even W has failed, while smaller retail has thrived. Big is not automatically enuf.

Cloud Boy @cloudsaaspaas - @ashwinmahesh @JP_LOKSATTA You mean we have to believe the studies done by walmart?? Really? #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas @JP_LOKSATTA sure ... by Walmart itself :) #loksattalive studies are not all objective.

As Reply to

Cloud Boy @cloudsaaspaas - @JP_LOKSATTA #loksattalive Is there any study showing that walmarts have done good to the health of people or economy?

Ashwin Mahesh @ashwinmahesh - @Amitjan #loksattalive yes there is asymmetry. These are decisions that are difficult to roll back, therefore it is imp to make it work rite

As Reply to

Amit Choudary @Amitjan - @ashwinkumar#loksattalive : any comment over exit models if required for future.

Ashwin Mahesh @ashwinmahesh - @bhargo_10 #loksattalive 'Not Indian' is not same as 'not good for India'. Indian firms trade globally without undermining other nations.

As Reply to

Dudagadapa Bhargav @bhargo_10 - #loksattalive If sourcing is indian, customer is indian why cannot Indian retail firms do it? why do we have to learn business from others

Ashwin Mahesh @ashwinmahesh - @INS_animesh #loksattalive coops are not prohibited, anyone can set them up. What we should not do is say, nothing else is allowed'.

As Reply to

Animesh Sharma @INS_animesh - #loksattalive @JP_LOKSATTA Why organic cooperative approach for retail(like amul) is not better then FDI in retail?

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive in economic systems, we must not treat diligent and indifferent people the same.

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive in my judgment, yes. I think there is genuine opportunity today for those who WANT to move up.

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive there are countries, states, cities where this has happened globally. Even Walmart failed in some places

As Reply to

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive - let's explore this. Why is 'small' better than 'big'?

Ashwin Mahesh @ashwinmahesh - @phani_alla1988 #loksattalive There are countries where even W has failed, while smaller retail has thrived. Big is not automatically enuf.

Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive in Lok Satta :)

As Reply to

Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Its not one or the other. We must end corruption as well as mend the economy. And both quickly! Time is now! #loksattalive #FDI

Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Congress brand of socialism has led to the crisis. now we hav 2 judge policy on merits, not from where it comes. #loksattalive #FDI

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.

Cloud Boy @cloudsaaspaas - @ashwinmahesh Sir, Do you any study about it? Is there any country that has benifitted with walmart? There is only joblosses. #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive not a straight comparison. The Indian mkt you refer to includes all indirect jobs too.

As Reply to

Cloud Boy @cloudsaaspaas - Indian market is estimated $400 billion with 40million emplyed.Walmart trunover is $420 billion,but employs 2.1 million people.#LokSattaLive

Ashwin Mahesh @ashwinmahesh - @jai1900 #loksattalive there is a failure of politics, no doubt. Loksatta has been saying we cant crack this without political change too.

As Reply to

jai @jai1900 - @ashwinmahesh #loksattalive @ashwinmahesh but when it was allowed to import on condition of local manufacturing it voilated and got away

Ashwin Mahesh @ashwinmahesh - @jai1900 #loksattalive that was partly a 'company' issue, not only a matter of international trade/finance.

jai @jai1900 - #loksattalive How to stop one more Reebok happening after #FDI

Ashwin Mahesh @ashwinmahesh - #loksattalive trick is create a system in which big and small businesses collaborate, rather that tackling the same mkt goals competing.

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive in my judgment, yes. I think there is genuine opportunity today for those who WANT to move up.

As Reply to

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive there are countries, states, cities where this has happened globally. Even Walmart failed in some places

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive - let's explore this. Why is 'small' better than 'big'?

Ashwin Mahesh @ashwinmahesh - @phani_alla1988 #loksattalive There are countries where even W has failed, while smaller retail has thrived. Big is not automatically enuf.

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive in economic systems, we must not treat diligent and indifferent people the same.

As Reply to

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive there are countries, states, cities where this has happened globally. Even Walmart failed in some places

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive - let's explore this. Why is 'small' better than 'big'?

Ashwin Mahesh @ashwinmahesh - @phani_alla1988 #loksattalive There are countries where even W has failed, while smaller retail has thrived. Big is not automatically enuf.

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive I have no objection to that. However, I am wary of producer-side subsidy, which has already failed badly in India

Aravind @arav_m - @supportloksatta not sufficient, small farmers cannot compete with big rich farmers on price/ access to credit #loksattalive @ashwinmahesh

Aravind @arav_m - @ashwinmahesh the least govt shud do is help them get easy credit so that they can invest & protect from big farmers/retailers #loksattalive

Loksatta Supporter @supportloksatta - @arav_m @ashwinmahesh sourcing conditions exist. so retailers will be forced to improve the competitiveness of indian farmer.

Aravind @arav_m - @ashwinmahesh yes sir. Dont u think we r putting our 'disempowered' small farmers at risk w FDI retail w/o 'protecting' them? #loksattalive

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive they could even self-organise. Problem is lack of 'associational relationships'. Mai baap sarkar makes things worse.

As Reply to

Aravind @arav_m - @ashwinmahesh how can small farmer benefit from FDI in retail? enter into contract farming like in case of Pepsico/Punjab? #loksattalive

Ashwin Mahesh @ashwinmahesh - @praveenrangu9 #loksattalive - a lot of goods are only profitable to be sold from local sources. Plus, Indian SSI shd also get stronger.

As Reply to

praveenrangu @praveenrangu9 - #loksattalive one question. Walmart sells 90% made in china goods. It might kill all small scale Indian industries

Ashwin Mahesh @ashwinmahesh - @Gubbi agree

Vinuth M. Madinur @Gubbi - @ashwinmahesh #loksattalive Now that FDI is here, we need to have structures in place rather have anarchy and "anything goes" system.

Ashwin Mahesh @ashwinmahesh - @Gubbi #loksattalive I think that's already the case !! As I said, we need political and economic mgt to go together.

As Reply to

Vinuth M. Madinur @Gubbi - #loksattalive FDI also means entry of big players into farming and land owning. There will be larger farmlands and farmers as employees.

Ashwin Mahesh @ashwinmahesh - @Vidyut #loksattalive Being 'Indian' is not a license to exploit other Indians.

As Reply to

Vidyut @Vidyut - Middlemen may be exploitative, but they are still Indians and it won't help our country if they get sidelined too. #loksattalive

Ashwin Mahesh @ashwinmahesh - @avinash_121 @Vidyut take those up in WTO.

As Reply to

Vidyut @Vidyut - FDI in retail is going to drive down global prices, eventually strangling the growth of the small farmer. #loksattalive

Ashwin Mahesh @ashwinmahesh - @GVRDon #loksattalive fuel prices would not cause so much anxiety if in parallel we have a plan to develop alternates at lower cost.

As Reply to

Raghava Rohit @GVRDon - @JP_LOKSATTA #loksattalive other nations are having higher petrol and diesel prices, there isn't much uproar but here there is,clarify?

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive I have no objection to that. However, I am wary of producer-side subsidy, which has already failed badly in India

As Reply to

Ashwin Mahesh @ashwinmahesh - @Gubbi agree

As Reply to

Vinuth M. Madinur @Gubbi - @ashwinmahesh #loksattalive Now that FDI is here, we need to have structures in place rather have anarchy and "anything goes" system.

Ashwin Mahesh @ashwinmahesh - @Gubbi #loksattalive I think that's already the case !! As I said, we need political and economic mgt to go together.

Vinuth M. Madinur @Gubbi - #loksattalive FDI also means entry of big players into farming and land owning. There will be larger farmlands and farmers as employees.

Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive it can, but not on its own. other steps also needed.

As Reply to

Dr. Indira Koneru @indirakoneru - @JP_LOKSATTA Will it improve quality of life in the rural areas? #LokSattaLive #FDI

Cloud Boy @cloudsaaspaas - @ashwinmahesh Ofcourse, But how can you start engine without ensuring you have fuel? Lokpal first. Then FDI. #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive we must be careful not to fall into cyclical traps. Somewhere we have to begin.

Cloud Boy @cloudsaaspaas - @ashwinmahesh But thats not happening now. So, we must not welcome #fdi in retail now. Thats my point sir. #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive 'before' in unnecessary. 'Together' is good enough.

Cloud Boy @cloudsaaspaas - @ashwinmahesh Then we should bring strong anti corruption laws and other reforms before we bring FDI deform. #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I don't want to equate governance failure with economic policy argument. That has to be tackled too.

As Reply to

Cloud Boy @cloudsaaspaas - Walmart Captured 50% of Mexico's retail market in 10 years by using corrupt practices and bribing state officials. #loksattalive

Aravind @arav_m - @ashwinmahesh yes, govt shud eliminate subsidies for producers & use cash transfer to pass them on 2 farmers who need support #loksattalive

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive think of 'urea' subsidy for manufacturers, intended as a benefit to poor farmers

As Reply to

Aravind @arav_m - @ashwinmahesh sir plz let us know what u r referring to when u say producer-side subsidy failed in past. #loksattalive

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive I have no objection to that. However, I am wary of producer-side subsidy, which has already failed badly in India

Aravind @arav_m - @ashwinmahesh the least govt shud do is help them get easy credit so that they can invest & protect from big farmers/retailers #loksattalive

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive they could even self-organise. Problem is lack of 'associational relationships'. Mai baap sarkar makes things worse.

Aravind @arav_m - @ashwinmahesh how can small farmer benefit from FDI in retail? enter into contract farming like in case of Pepsico/Punjab? #loksattalive

jai @jai1900 - @ashwinmahesh sir v understand d greatest ex 4 that is singapore but our current policy and law r not conjusive for #FDI due to govt policy

Ashwin Mahesh @ashwinmahesh - @jai1900 #loksattalive there is great evidence that countries with trading strengths fare well in the long term. Read 'False Economy'

As Reply to

jai @jai1900 - #loksattalive half of our GDP is going to be exposed to #FDI dont u foresee any danger out of this

Cloud Boy @cloudsaaspaas - @ashwinmahesh But we need to bring Lokpal first, then only #FDI , Do you agree with this or not sir? #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I see both as making progress. Last week's Parliament committee mtg on Lokap was encouraging.

Cloud Boy @cloudsaaspaas - @ashwinmahesh Ofcourse, But how can you start engine without ensuring you have fuel? Lokpal first. Then FDI. #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive we must be careful not to fall into cyclical traps. Somewhere we have to begin.

Cloud Boy @cloudsaaspaas - @ashwinmahesh But thats not happening now. So, we must not welcome #fdi in retail now. Thats my point sir. #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive 'before' in unnecessary. 'Together' is good enough.

As Reply to

Cloud Boy @cloudsaaspaas - @ashwinmahesh Then we should bring strong anti corruption laws and other reforms before we bring FDI deform. #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I don't want to equate governance failure with economic policy argument. That has to be tackled too.

Cloud Boy @cloudsaaspaas - Walmart Captured 50% of Mexico's retail market in 10 years by using corrupt practices and bribing state officials. #loksattalive

Nitin Pai @acorn - @ashwinmahesh Well, they are. But I am still not sure whether the online audience actually votes.

Ashwin Mahesh @ashwinmahesh - @acorn wish more political parties would discuss their views online too :)

As Reply to

Nitin Pai @acorn - @supportloksatta Thanks. Kudos to @jp_loksatta for coming out clearly in favour of the move. #loksattalive

Loksatta Supporter @supportloksatta - @acorn please participate on FDI and Disel price hike policy debate with @jp_loksatta of Loksatta party on twitter now. Use #loksattalive

Nitin Pai @acorn - Now reading Stanislaw Lem's "Solaris" on Kindle. Memories of having read it before.

Ashwin Mahesh @ashwinmahesh - @GVRDon #loksattalive that risk is always there. Outcomes depend on multiple things happening together. We must be vigilant.

As Reply to

Raghava Rohit @GVRDon - @ashwinmahesh #loksattalive Whatever policies govt has launched there has been no other parallel alternate to support it? agree?

Cloud Boy @cloudsaaspaas - @ashwinmahesh But we need to bring Lokpal first, then only #FDI , Do you agree with this or not sir? #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I see both as making progress. Last week's Parliament committee mtg on Lokap was encouraging.

Cloud Boy @cloudsaaspaas - @ashwinmahesh Ofcourse, But how can you start engine without ensuring you have fuel? Lokpal first. Then FDI. #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive we must be careful not to fall into cyclical traps. Somewhere we have to begin.

As Reply to

Cloud Boy @cloudsaaspaas - @ashwinmahesh But thats not happening now. So, we must not welcome #fdi in retail now. Thats my point sir. #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive 'before' in unnecessary. 'Together' is good enough.

Cloud Boy @cloudsaaspaas - @ashwinmahesh Then we should bring strong anti corruption laws and other reforms before we bring FDI deform. #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I don't want to equate governance failure with economic policy argument. That has to be tackled too.

Cloud Boy @cloudsaaspaas - Walmart Captured 50% of Mexico's retail market in 10 years by using corrupt practices and bribing state officials. #loksattalive

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive imp to have a debate between 'producers' and 'consumers' benefiting from diff policies.

As Reply to

Cloud Boy @cloudsaaspaas - @ashwinmahesh But we need to bring Lokpal first, then only #FDI , Do you agree with this or not sir? #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I see both as making progress. Last week's Parliament committee mtg on Lokap was encouraging.

As Reply to

Cloud Boy @cloudsaaspaas - @ashwinmahesh Ofcourse, But how can you start engine without ensuring you have fuel? Lokpal first. Then FDI. #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive we must be careful not to fall into cyclical traps. Somewhere we have to begin.

Cloud Boy @cloudsaaspaas - @ashwinmahesh But thats not happening now. So, we must not welcome #fdi in retail now. Thats my point sir. #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive 'before' in unnecessary. 'Together' is good enough.

Cloud Boy @cloudsaaspaas - @ashwinmahesh Then we should bring strong anti corruption laws and other reforms before we bring FDI deform. #loksattalive

Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I don't want to equate governance failure with economic policy argument. That has to be tackled too.

Cloud Boy @cloudsaaspaas - Walmart Captured 50% of Mexico's retail market in 10 years by using corrupt practices and bribing state officials. #loksattalive

Ashwin Mahesh @ashwinmahesh - @karancspeaks why not? As I said, I recognise the 'self interest' arguments here. We need to navigate both econ and politics.

Karan @karancspeaks - @ashwinmahesh Help in the form of low int. loans fr Indian producers since those investing will avail those in their countries #loksattalive

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive what do you mean by 'level' field for producers?

As Reply to

Karan @karancspeaks - @ashwinmahesh Consumers can be benefited by organised retail. Producers by level playing field. Bring in these first I say #loksattalive

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive imp to have a debate between 'producers' and 'consumers' benefiting from diff policies.

Karan @karancspeaks - What about the manufacturing sectors?? Cheap prods will be bought into this country. Will state help us?who is responsible? #loksattalive

Ashwin Mahesh @ashwinmahesh - #loksattalive - one thing we need to understand is that it is not entirely up to India to decide what to 'allow'. ...contd

Ashwin Mahesh @ashwinmahesh - ... #loksattalive there are various things we need from other countries, we must be prepared to negotiate our way forward with their demands

Ashwin Mahesh @ashwinmahesh - #loksattalive Nation needs political leaders who can manage the economic conversations/negotiations too.

Ashwin Mahesh @ashwinmahesh - #loksattalive thank you everyone who participated this evening. Thanks especially to those who disagreed and raised alternate views.

Ashwin Mahesh @ashwinmahesh - #loksattalive public conversations are an important part of democracy. Encourage ALL politicians to do same. Loksatta will lead by example !

Ashwin Mahesh @ashwinmahesh - @sonaliranade agree. And one more thing ... we now understand that Hyundai too is 'our' manufacturer. Evolution of economic clarity.

As Reply to

SonaliRanade @sonaliranade - Look at the car market. Did introduction of competition help or hinder? We have more cars, Indian car mfgers thrive. #LokSattalive

Ashwin Mahesh @ashwinmahesh - @karancspeaks why not? As I said, I recognise the 'self interest' arguments here. We need to navigate both econ and politics.

As Reply to

Karan @karancspeaks - @ashwinmahesh Help in the form of low int. loans fr Indian producers since those investing will avail those in their countries #loksattalive

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive what do you mean by 'level' field for producers?

Karan @karancspeaks - @ashwinmahesh Consumers can be benefited by organised retail. Producers by level playing field. Bring in these first I say #loksattalive

Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive imp to have a debate between 'producers' and 'consumers' benefiting from diff policies.

Karan @karancspeaks - What about the manufacturing sectors?? Cheap prods will be bought into this country. Will state help us?who is responsible? #loksattalive

Ashwin Mahesh @ashwinmahesh - #loksattalive ... in politics, not always needed to agree, or 'convince' the others. What is absolutely needed, however, is public debate.

Shuvankar Mukherjee @shuvankr - @ashwinmahesh Very true!

Ashwin Mahesh @ashwinmahesh - @shuvankr big scam .... see this URL ... http://www.indiatogether.org/2011/dec/eco-fuel.htm …

As Reply to

Shuvankar Mukherjee @shuvankr - @JP_LOKSATTA The very term "Under recovery" is very Utopian; where is under-recovery in the profit & loss of Oil companies? #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - With under recovery of Rs 2,00,000 cr. in oil prices somebody has to pay- consumer or taxpayer. Always better consumer pays. #loksattalive

Monday, September 17, 2012 - 08:04

Dr.Jayaprakash Narayan's Chat On Twitter

Jayaprakash Narayan @JP_LOKSATTA - Join me, @ashwinmahesh & @SurendraLSP 6-7pm today for a chat on FDI and related topics. Use hashtag #loksattalive http://bit.ly/Qdimqr

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive It does not matter if the cat is black or white; it should catch mice. all we need to do is to protect our interests.

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive all procurement must be only from indian sources. then our producers benefit.

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive limiting to select big cities protects small traders. 75% of trade will remain with small traders in a fast going market.

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Key challenge is backward integration, quality, grading, transport, storage & processing.

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive It stabilizes prices, creates jobs and adds value and eliminates waste.

Jayaprakash Narayan @JP_LOKSATTA - @ashwinmahesh Fiscal prudence has to be across the board. It cannot be knee jerk reaction.

As Reply to

Ashwin Mahesh @ashwinmahesh - The 'fiscal prudence' argument only makes sense if prudence is generally woven into many other decisions also. Else, just a vacuous claim.

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive But failure to act in one area is no ground for inaction else where.

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.

Jayaprakash Narayan @JP_LOKSATTA - @balajiworld @ashwinmahesh Clearly we have to build safegaurds based on past experience to prevent tax evasion.

As Reply to

Balaji @balajiworld - @ashwinmahesh @JP_LOKSATTA less than 100% FDI helps crooked indian bizmen. Essar/Unitech vs Vodafone/Telenor. your thoughts? #loksattalive

Ashwin Mahesh @ashwinmahesh - Join me, JP and Surendra Srivastava this evening from 6-7 for a live debate on twitter, as we look at the recent... http://fb.me/1jctwyuOe

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.

Jayaprakash Narayan @JP_LOKSATTA - @rubenmasc It's d old argument of private vs public sector. Let govt do its job first. In any case, there's no bar on govt investment. #fdi

As Reply to

Prashen Kyawal @prashen - @ashwinmahesh @arav_m saying this since ages

Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive notice how when they raise prices, they don't adjust tax rates? They can easily keep the tax as a number, not a %age.

Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA #loksattalive increasing taxes without ensuring that the tax money is spent judiciously is a recipe for disaster.

Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Our Tax-GDP ratio is still low. We need taxes to run Govt. There can be some tweaking, but not much. #loksattalive #FDI

As Reply to

Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.

Ashwin Mahesh @ashwinmahesh - @abdulazeez1984 #loksattalive have been advising JnNURM on this. Second version likely to be more sensible than first.

Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Absolutely. Subsidizing private consumption is no answer. Public transport and conservation are vital. #loksattalive #FDI

Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA Sir, shouldn't devpmnt of public transport be high priority for state govts to counter high petrol&diesel prices? #loksattalive

Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA @ashwinmahesh Thanks a lot for the reply #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Oil pricing is also abt incentives wid growin shortages & imports we need to promote othr fuels. Taxation hlps #loksattalive

As Reply to

Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.

Aravind @arav_m - @jvsk3 not true, US has realized long back small businesses r engines of growth & employment, thats reason #loksattalive @JP_LOKSATTA

j venkatesh @jvsk3 - @JP_LOKSATTA President OBAMA call 2 his people not 2 buy from WALMART'S was all over Twitter last Year.Why?

j venkatesh @jvsk3 - @JP_LOKSATTA #loksattalive Funniest aspect is lastyear USA President Obama was telling his Citizens2Purchase from Kiranas &not from Walmart?

j venkatesh @jvsk3 - @JP_LOKSATTA Do agree but should know whom R V inviting they R big Giants who R notorious &our present chaos idle for them2turn as Parasites

Amit Choudary @Amitjan - @JP_LOKSATTA @jvsk3 Totally Agree.

Jayaprakash Narayan @JP_LOKSATTA - @jvsk3 This applies to all spheres of economy. We cannot wait for politics to improve before mending economy. #fdi #loksattalive

As Reply to

j venkatesh @jvsk3 - #loksattalive When V have a very faulty system Governing our Country is it right 2 open our Mkts 2 Notorious Retail Giants?

Sanjay Jhunjhunwala @PollTics - @CAPMohan point is well taken, but any index is useful 4 comparison if its widely accepted. Rt now it is GDP.May B in future itll B GreenGDP

Sanjay Jhunjhunwala @PollTics - @CAPMohan #loksattalive if you can suggest a better metrics, then we can use that. or people cud simply stop drinking alcholhol

Sanjay Jhunjhunwala @PollTics - @CAPMohan true, but GDP is a real metrics whereas real welfare can not be accurately measured. #loksattalive

Rajkumar Singh @Rajkumar23Singh - It's our credential rating,which's very much in our hands @JP_LOKSATTA @rubenmasc @sardesairajdeep @hamaracongress @gsurya @ravishndtv @eeta

Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA but we can't be slaves to credit rating agencies which by all accounts are unfare. #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - @Rajkumar23Singh Credit rating is not in our hands. Usually there are verifiable norms. #loksattalive

As Reply to

Rajkumar Singh @Rajkumar23Singh - If our credential rating is lowered for vested interest, when'll we act? @JP_LOKSATTA @rubenmasc @suchetadalal @vanityparty @vinitadeshmukh

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.

Jayaprakash Narayan @JP_LOKSATTA - @GVRDon There r 32 big cities qualifying.States' policy n investors' due diligence will determine investment destination. #fdi #loksattalive

As Reply to

Raghava Rohit @GVRDon - #loksattalive what amount of transparency can be seen by states in selecting the cities for FDI?

Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive in Lok Satta :)

Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Its not one or the other. We must end corruption as well as mend the economy. And both quickly! Time is now! #loksattalive #FDI

Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Congress brand of socialism has led to the crisis. now we hav 2 judge policy on merits, not from where it comes. #loksattalive #FDI

As Reply to

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.

Ram Ramdas @ramramdas - @JP_LOKSATTA @geekz #loksattalive yes, especially agri procurement!

Jayaprakash Narayan @JP_LOKSATTA - @geekz @ramramdas Procurement must be from India as pre-condition. We need to bridge gap between producer & consumer in India. #loksattalive

As Reply to

Ram Ramdas @ramramdas - @JP_LOKSATTA #loksattalive infact more investment being made by indian cos overseas than in india over last 5 years!

Ram Ramdas @ramramdas - @pkrtweets @jp_loksatta @rubenmasc @indirakoneru do you really beliv e that indian cos don't? Why fear the clor of the dollar bribes?

Ram Ramdas @ramramdas - @pkrtweets @jp_loksatta @rubenmasc @indirakoneru with proper safeguards, I don't think even walmart is to be feared!

Ram Ramdas @ramramdas - @JP_LOKSATTA @rubenmasc @indirakoneru #fdi #loksattalive if big indian retailers can't, why shd foreiners be able? Why are we so xenophobic?

dhanada mishra @dhanadam - @JP_LOKSATTA @indirakoneru Is it not possible to have State Level Regulatory mechanism to control the impact of FDI in favour of the masses?

Jayaprakash Narayan @JP_LOKSATTA - @indirakoneru It's a good point. There is always that danger. We need to have safeguards n competition. #fdi #loksattalive

As Reply to

Dr. Indira Koneru @indirakoneru - Farmers may be given lucrative prices initially; but eventually they will be at the mercy of big retailers, isn't it? #loksattalive #fdi

Karan @karancspeaks - @JP_LOKSATTA Even though the source of investment doesnt matter, the sourcing of the products do Sir.

Jayaprakash Narayan @JP_LOKSATTA - @karancspeaks True. There is no one solution. Outcomes matter, not the source of investment. #fdi #loksattalive

As Reply to

Karan @karancspeaks - To bring in efficiency in to the un-organised system, FDI is not the only solution. #loksattalive

Ram Ramdas @ramramdas - @JP_LOKSATTA @LoksattaMember @cloudsaaspaas #fdi #loksattalive all inv incl FDI must be promoted.. Backdated law on Income Tax was shameful!

Cloud Boy @cloudsaaspaas - @JP_LOKSATTA The fact is, nowhere in the world big retail has provided backend grain storage facilites. #loksattalive http://www.thehindu.com/opinion/op-ed/article3897906.ece …

Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA what are your suggestions to promote more FDI in the country? #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - @cloudsaaspaas FDI peaked in 2009 to abt $26 b. Investment climate declined in India. Lot more is needed to promote FDI. #fdi #loksattalive

As Reply to

Cloud Boy @cloudsaaspaas - @JP_LOKSATTA FDI is already allowed in storage and no investment has come in. Why is that? #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Absolutely. Subsidizing private consumption is no answer. Public transport and conservation are vital. #loksattalive #FDI

As Reply to

Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA Sir, shouldn't devpmnt of public transport be high priority for state govts to counter high petrol&diesel prices? #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Oil pricing is also abt incentives wid growin shortages & imports we need to promote othr fuels. Taxation hlps #loksattalive

Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.

Ramanujam @nimmajji - @JP_LOKSATTA Exactly, sir. I feel the fears expressed by the opponents can be managed through wise regulations.

Jayaprakash Narayan @JP_LOKSATTA - @nimmajji Pretty much the same except that big industry opposed opening up in 1991. Those fears proved to be unfounded. #fdi #loksattalive

As Reply to

Ramanujam @nimmajji - How different are the arguments against #FDI in retail compared to those against opening up of the economy in 1991? Am I missing something?

Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive in Lok Satta :)

Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Its not one or the other. We must end corruption as well as mend the economy. And both quickly! Time is now! #loksattalive #FDI

As Reply to

Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Congress brand of socialism has led to the crisis. now we hav 2 judge policy on merits, not from where it comes. #loksattalive #FDI

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.

Jayaprakash Narayan @JP_LOKSATTA - @supportloksatta @ashwinmahesh Food grains and horticulture can compete globally with grading and processing. #loksattalive #FDI

As Reply to

Loksatta Supporter @supportloksatta - @JP_LOKSATTA @ashwinmahesh Do you foresee any class of Indian producers' competitiveness increasing globally b/c of FDI retail policy?

Jayaprakash Narayan @JP_LOKSATTA - @magikalyan Retail market is growing very fast. it will nvr exceed 30%. small traders will have 70% of much larger pie. #loksattalive #FDI

As Reply to

Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive #FDI might improve the economy, but would the gain surpass the loss to the daily retail seller?

kirun @kirun_g - @JP_LOKSATTA @ashwinmahesh thanks sir

Jayaprakash Narayan @JP_LOKSATTA - @kirun_g @ashwinmahesh Yes, there will be 2 pieces ready on FDI and Oil Price in next 48hrs. To be published in DNA.

As Reply to

kirun @kirun_g - @ashwinmahesh @JP_LOKSATTA hi sir can you write an article so that ppl like me can understand easily Thanks

Vasudev @vasudevg - @JP_LOKSATTA Sir are you tweeting from 2 twitter accounts? other account @DRJPNARAYAN ? Is it the same person? #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - @magikalyan There is no restriction on consumption, only on subsidy. We can buy as many as we want. But at a higher price. #loksattalive

As Reply to

Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive 6 cylinders a year!! Is this a plan to move to electric cooking??

Jayaprakash Narayan @JP_LOKSATTA - @mlallu Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions.

As Reply to

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome

Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Subsidies, yes. But not for fuel consumption. Education, healthcare, power and transport are priorities. #loksattalive

As Reply to

Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA After diesel hike,many people are arguing that why govt cant give subsidies when tax incentives are ter for corp #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - With under recovery of Rs 2,00,000 cr. in oil prices somebody has to pay- consumer or taxpayer. Always better consumer pays. #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - @magikalyan Cylinders can be monitored easily. Impossible to keep track of diesel. But public transport can be subsidized. #loksattalive

As Reply to

Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive 6 cylinders with subsidy is then a very decent idea.y dont v have subsidised fuel 4 a certain amt every month?

Dr. Indira Koneru @indirakoneru - @JP_LOKSATTA Hope farmers will have improved electricity supply... #fdi #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - @indirakoneru Certainly.Higher price to farmers,investment in infrastructure n processing,jobs,higher n better production #fdi #loksattalive

As Reply to

Dr. Indira Koneru @indirakoneru - @JP_LOKSATTA Will it improve quality of life in the rural areas? #LokSattaLive #FDI

Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA It is not just East Asia, almost all developed nations be it Aus,EU,US protect their domestic industry.

Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA When we speak of East Asia, those nations invested heavily in education, R&D, how much have we?

Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA Do you know that couple of years back in S.Korea, they were massive protests against beef import from US?

Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA China, Korea, Japan protect their domestic industry, check out the tariff barriers MNC's face there.

Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA China built the Infra, invested heavily in education before they started to invite FDI, can we say same.

Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Swadesi is about strengthening the country & not isolating it. China welcomes FDI and is now a mighty power. #loksattalive #FDI

As Reply to

Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive

Ramadoss Praveen Raj @praveenraj1961 - @JP_LOKSATTA @jai1900 In which country,in the World do they handover their Natural resources for Free,other than BANANA Republics & Dictator

Jayaprakash Narayan @JP_LOKSATTA - @jai1900 Prices in Europe n elsewhere r often higher than Indian fuel prices. It's also a Q of longterm energy security. #loksattalive

As Reply to

Jayaprakash Narayan @JP_LOKSATTA - With under recovery of Rs 2,00,000 cr. in oil prices somebody has to pay- consumer or taxpayer. Always better consumer pays. #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - @Iamtssudhir Good Q. If there is fair competition, corruption will com down. If v play favorites, cronyism will rise. #loksattalive

As Reply to

T S Sudhir @Iamtssudhir - @JP_LOKSATTA Will more investment (FDI) also mean more corruption & lining of political pockets? Are we looking at more scams in the future?

Jayaprakash Narayan @JP_LOKSATTA - @jai1900 India imports abt 80% oil. We consume 3 mb a day. We need to move towards biofuels n alt energies thru price signal. #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - @Iamtssudhir Nuclear families are already a reality. There are other incentives for joint families - HUF etc! #loksattalive

As Reply to

T S Sudhir @Iamtssudhir - @JP_LOKSATTA By restricting subsidy to 6 cylinders in a year, are we encouraging more nuclear families? Social impact? #loksattalive

FakeJourno @FakeJourno - @supportloksatta Thx. You must get some senior SC lawyers and bureaucrats in the party who can counter the govt. Keep it up ! @JP_LOKSATTA

Loksatta Supporter @supportloksatta - @FakeJourno We are not SC lawyers. We will need services of SC lawyers. @JP_LOKSATTA

Loksatta Supporter @supportloksatta - @FakeJourno Please look at the full text of SC order. Lok Satta is in the petition http://ibnlive.in.com/news/full-text-supreme-court-order-on-2g-scam/2265... … @JP_LOKSATTA

FakeJourno @FakeJourno - @JP_LOKSATTA (1) Was is LokSatta ? Or Dr Swamy and Prashant Bhushan ? (2) What about CoalScam ? Why not approach court for cancellation ?

Jayaprakash Narayan @JP_LOKSATTA - @FakeJourno It is LS that moved Supreme court to cancel 2G licenses. We succeeded in that. Auctions are now being held freshly #loksattalive

As Reply to

FakeJourno @FakeJourno - @JP_LOKSATTA Sir, Why does'nt your party use courts more effectively to check corruption & mis-governance ? #loksattalive

Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade Fair competition works everywhere provided there's level playing field. #loksattalive

As Reply to

SonaliRanade @sonaliranade - Somebody ask #Loksatta live why does competition by foreigners work for manufacturing but not trading? What's so special about retailing?

Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade GDP per-capita went up from $300 to $1700 in 20 years. Fears of reform proved to be misplaced.Competition helps! #loksattalive

As Reply to

SonaliRanade @sonaliranade - Somebody ask #Loksatta live why does competition by foreigners work for manufacturing but not trading? What's so special about retailing?

Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 What we need is economic integration n decentralization of power. Prosperity strengthen states. #loksattalive

Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA BJP states argue that GST is threat to federal structure and decentralization. Sir,Your views on this please #loksattalive

Anvesh R @anveshr - @JP_LOKSATTA Sir, there are states with NO VAT,it took decades after proposing. What about GST ?, will it ever be implemented?(unfirom tax)

Kuldeep Bhatt @kbhatt2006 - @JP_LOKSATTA Exactly NaMo says all about the infra and tech required to develop GST :)

Jayaprakash Narayan @JP_LOKSATTA - @anveshr Going by the experience of VAT, GST too will succeed. States revenues went up with VAT. GST req. lots of preparation. #loksattalive

As Reply to

Anvesh R @anveshr - @JP_LOKSATTA Sir,I would like to know Loksatta's stand on Goods and service Tax. Sure it is a hit in other countries. Will it be same here?

Jayaprakash Narayan @JP_LOKSATTA - @VamsiAddanki Govt's primary role is public order,justice, Infrastructure,Education n health care. Let govt do its job. #loksattalive #fdi

As Reply to

Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.

Jayaprakash Narayan @JP_LOKSATTA - @ScorpiusMaximus @cpings4 Lets us study German experience and build safegaurds in India too. #loksattalive

As Reply to

Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA Walmart had to get out of Germany due to the strict laws it had against price dumping there.

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@cpings4 @JP_LOKSATTA It is not just East Asia, almost all developed nations be it Aus,EU,US protect their domestic industry.

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