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THINGS TO REMEMBER
Before we go ahead, we should keep certain basic facts in our mind.
We are a country with huge population out of which majority are unprivileged and Below Poverty line.
We are people with tradition, culture and ethics. In our country it is very difficult to get alternate employment. Our survival is because of our collective strength. The Govt. policies have been anti growth oriented for traders. The traders voice is not heard by decision makers.
PREAMBLE
WE, THE PEOPLE OF INDIA, having solemnly resolved to constitute India into a SOVEREIGN SOCIALIST SECULAR DEMOCRATIC REPUBLIC and to secure to all its citizens : JUSTICE, social, economic and political; LIBERTY of thought, expression, belief, faith and worship; EQUILITY of status and of opportunity; and to promote among them all FRATERNITY assuring the dignity of the individual and the unity and integrity of the Nation;
VAT
INEFFICIENT LABOURS
PREVENTION OF BLOCK MARKETING ACT ANTI HOARDING & PROFEELING ACT MONEY LENDING ACT PRODEND FUND ACT MINIMUM WAGES ACT ESI ACT GRATUITY ACT BONUS ACT
OCTROI
WATER TAX
CENTRAL EXCISE
SALES TAX
POWER PROBLEM
INCOME TAX
INSPECTOR RAJ
Information Technology
Retail Traders
Banking Insurance
Pharma
Mining Steel
Professional
Education
In the year 2000, world turnover in retail trade is estimated around Rs. 3,10,20,000 crores.
In India by investing nominal Capital a person can start retail business. In India Retail shops are generally owned and run by family. The whole family gets self employed.
Presented By Mr. B.C.Bhartia,Nagpur.
Indian traders have always seen customer satisfaction above personal profit.
Presented By Mr. B.C.Bhartia,Nagpur.
During famine, floods, earthquakes tsunami and other natural calamities, the traders have always come out openly to extend full help to Govt.
In our country there are about 1,25,00,000 retail out lets. Retail trade contributes about 10% GDP. 11% of our countrys
Total turnover of retail sector is about Rs. 8,75,000/- crores. After agriculture, Retail trade provides employment to maximum number of persons. 1.25 crore shops are providing employment to about 4 crore people. In a study conducted by Reserve Bank of India, India Retail Traders charge less margin.
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These companies buy material from International market. Hence local producers are put to loss
These companies buy in bulk quantities directly manufacturers. The intermediaries loose business. from
After conquering the markets of Europe and America, these companies have now entered Asian markets.
After establishing their footings in Thailand, Indonesia, China, Japan, Philippines, etc in Asia, these companies are now targeting India.
Presented By Mr. B.C.Bhartia,Nagpur.
Remember example of BATA in shoe business. Imagine Roadside DHABAs after RELIANCE FOOD CHAIN Starts working. Cold drink business in India.
Presented By Mr. B.C.Bhartia,Nagpur.
In the year 2000 Five Big Fast food companies captured following percent market share :
Country Norway Swezerland Sweden UK Portugal
Presented By Mr. B.C.Bhartia,Nagpur.
% Share 99 88 94 64 57
A small shopkeeper fired rocket in Big shop & committed suicide," frustration.
The Prime Minister of Thailand agreed that there was adverse impact on retail trade.
The Govt. which had opened its door for FDI in retail trade with big bang had to provide financial assistance to retail traders by establishing a special fund.
Indonesia and Malaysia have established zones within which these foreigners can do trade. In Japan Big companies have to discuss with small traders. There is Zoning system also. Hence these companies have to establish their shops outside city limits. There is wide discontent amongst shopkeepers & people in the countries to which these store belong. The city counselor of California & Chicago have refused to allow opening of new shops to WALMART. These shops are required to take permission in countries like France, Germany and America.
These companies will keep only graduates and above in their employment. There will be no scope for employment to under graduate and others.
In the event of non receipt of payment of supplies, it becomes impossible to reach owners.
Presented By Mr. B.C.Bhartia,Nagpur.
CONTRACT FARMING
TO OWN FACTORY
TO CUSTOMER
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Presented By Mr. B.C.Bhartia,Nagpur.
INDIA : MY COUNTRY
DONT SEE INDIA AS POPULATION OF ONE HUNDRED CRORE MOUTHS TO FEED. SEE IT AS A MARKET OF ONE HUNDRED CRORE CONSUMERS WITH TWO HUNDRED CRORE EYES TO WATCH YOUR PRODUCTS AND TWO HUINDRED CRORES HANDS TO BUY YOUR PRODUCTS. WORLDS LARGEST EMERGING RETAIL MARKET : WHO WILL CONQUOR IT : WE OR THEY? DO NOT MAKE MY GOVEREMENT AS, GOVEREMENT BY MNC, GOVEREMENT OF MNC AND GOVEREMENT FOR MNCS
Presented By Mr. B.C.Bhartia,Nagpur.