New Delhi: A majority of consumers and farmers, surveyed by industry body ASSOCHAM, have supported the government decision to allow FDI in multi-brand retail, while 80 percent traders opposed the move.
The chamber surveyed over 2,000 people including farmers, consumers and traders across 10 major cities like Delhi, Mumbai, Kolkata and Chennai.
About 90 percent of consumers said the entry of big retailers like WalMart, Tesco and Carrefour would bring in a wide range of branded goods which would also help in bringing down the prices.
Further, the survey said, over 75 percent of farmers felt that opening up of the sector would help in getting them the right price since they would be directly dealing with retail stores, thus, cutting the role of middlemen.
It said investments which would flow in agricultural back-end and supply chain would ensure food security through curbing wastages and ultimately benefit end-users.
However, over 82 percent of the kirana stores said big stores cannot offer the convenience they provide. "The mom-and-pop stores offer free home delivery and offer monthly credit to regular customers," the survey said.
The opposition as well as ally Trinamool have slammed the government's move to allow 51 percent FDI in multi-brand retail stating that their states were not consulted before taking the decision.
Meanwhile, West Bengal Chief Minister Mamata Banerjee, whose party Trinamool Congress is strongly opposed to the decision, made an announcement on Saturday that Finance Minister Pranab Mukherjee spoke to her and told her that the FDI decision has been "suspended".