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Thursday, 6 December 2012

Organized Retailing

special article Organised Food retailing: a grace or a curse? Vijay Kumar, Yogesh Patwari, Ayush H N There argon serious concerns about the entry of organised retailing in the Indian food sector. What impact will it swallow on farmers, kirana store owners, traders, commission agents, consumers and the economy? Based on a study of the Indian food retailing industry, this article indicates that magical spell these concerns ar valid, there are more winners than losers in the process. The paper also defines business steps that the affected parties rear end withstand as well as policy measures the government can adopt to resolve the issues equitably. n his 1845 book, Economic Sophisms, Frederic Bastiat, noted french economist, statesman and a champion of free markets ridicules protectionism using wit, irony, satire, talk and apologue to illustrate the absurdity of erroneous ideas [Frederic 1996]. One much(prenominal) illustration is a petition filed by an industry intimacy to the French legislature seeking their assistance in warding dark competition.
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Excerpts follow: To the Honourable Members of the Chamber of Deputies Gentlemen, We are suffering from the deleterious competition of a foreign rival who apparently full treatment under conditions so far superior to our own for the fruit of light that he is flooding the domestic market with it at an incredibly low price, for, the moment he appears, our sales cease, all the consumers turn to him and a branch of French industry whose ramifications are innumerable is all at once reduced to drop off stagnation. This rival...is waging a war on us...mercilessly. We ask you to be so good as to pass a law requiring the closing curtain of all windows, skylights, inside and outside shutters, curtains …and blinds in short, all openings, holes, chinks, and fissures by means of which the light …enters the houses, to the detriment of the fair industries with which, we are proud to say, we have endowed the country, a country that cannot, without betraying... If you want to get a full essay, order it on our website: Ordercustompaper.com

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