Thursday, March 8, 2012

An Recent Loophole in FDI Policy : Walmart

In the Recent Times you must have seen some of the Bharti Walmart large Stores and advertisements in your city newspaper but it would be written that it is only for dealer, or only for Whole-seller.
Do you know that is because FDI is not allowed till that extent as required by Walmart.
Now the Basic Loophole is that they had till date setuped there stores in the 2nd Level of Economic City of India like. Rewa, Indore, Bhuwaneshwar, other Cities of Rajasthan, Punjab etc. in these city they are first issuing the Membership card to dealers only, now in Practical way in these developing city, due to close relation as normally seems in these kind of city, people had started issue Membership card by there shop, and now basically many people in these cities are having the consumer goods are lesser price than anybody like Big Bazar, D-mart etc. from Bharti Walmart.
Bharti Walmart had got so must practical law professional that they had already ready with the Level 2 kind of cities, whenever there may be FDI allowed they are first to cover India. WALMART PROFESSIONAL HAD PLANNED GREAT.

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Opinion by :
- UDIT M. MATHUR

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