UPA Reforms – What you should know

Understanding the REFORM claims

 

Troubled UPA government, which finds itself in one or the other scam every other week, has came with self proclaimed “reforms”.

Now to begin analyzing it, I would like to be clear that I am pretty negative of it and my ideas may look biased. But then I have some serious questions and concerns which I will like to share at this point of time(Comments welcomed!!).

There is much to do to change the fate on nation which was considered to be a golden sparrow but now have a good amount of people earning less than half a dollar a day.

Let us see what the reform means for an aam aadmi and not for just an aam aadmi. FDI has been given a green signal but there are a few questions and concerns in my mind that makes me negative on it.

Let us see the WalMart story as told by the sarkar in particular- They claim that there is a middleman everywhere. This middleman is an agent and fixes price in such a way that they get maximum out of it. The farmer is left with no other option but to sell his item at a fixed price as decided by middleman. Now, finally the item goes to small/medium shopkeepers who sells items at a profit. Now everyone makes money but not the most deserving person – the farmer.

The logic behind it is given that WalMart will have contracts with farmers and there will be a fixed price scheme coming to place. Agreed.

Question::But then, are these foreign companies credible enough to give farmers their right and the right price? 

Many economists believe that such companies work on a loss for a year or 2 to make things look fantastic(it is spoilsport for the other businesses ) but eventually end up playing the dictator and monopoly in the game where they are the only warriors left.

Question::If these companies fail to do what the Government claims, will they be asked to leave?