IndiaTV RSS Feeds
October 30, 2014
0
Email

Rahul backs FDI in retail, says it will benefit farmers

PTI [ Updated 05 Oct 2012, 10:21:54 ]
Rahul backs FDI in retail, says it will benefit farmers
FONT SIZE

Srinagar, Oct 5: 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.
 


Addressing the national executive of Indian Youth Congress here 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 beginning yesterday, said around 60 to 70 per cent 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.



At A Glance
B'day Special: Pramod Mahajan, the late BJP stalwart
Pramod Venkatesh Mahajan was one of the most resourceful politicians  more
In Pics: Amruta and Devendra Fadnavis
New Delhi: Amruta Fadnavis, the wife of Maharashtra's CM-designate Devendra  more
Devendra Fadnavis: From 'Nagpur Mayor' to 'Maharashtra CM'
Mumbai: From an obscure corporator to becoming the youngest mayor  more
Read More >>
Insight
'Love Jihad' boomerangs on BJP, No 'Modi magic' in state polls
New Delhi:  By-poll results for three Lok  more
Rahul Gandhi in a new 'angry young man' avtar
New Delhi: Congress vice-president Rahul Gandhi has always been taunted  more
Delhi deadlock: Is fresh elections the only option left?
New Delhi: The Supreme Court of India has asked Delhi’s  more
Read More >>
Know Your Leader
B'day spl: Know Mulayam Singh's compulsions behind supporting UPA govt
New Delhi, Sep 27: Mulayam Singh Yadav  more
Know criminal-turned-politician BSP MP Dhananjay Singh
New Delhi: The Bahujan Samaj Party MP from Jaunpur, Uttar  more
Who is Sadhu Yadav?
New Delhi: Sadhu Yadav – this is one name that  more
Read More >>
Politics Archive
TODAY'S BEST VIDEO
Jama Masjid Shahi Imam refuses to invite PM Modi,..

A fresh controversy has been created with the Shahi...

Special Report on "Truth behind Bluestar Oper..

Special Report on "Truth behind Bluestar...

ALSO READ
X
Organisational polls should reinvigorate, rejuvenate the party: Rahul Gandhi
New Delhi: Congress Vice President Rahul Gandhi on Tuesday said the...
Read More >>