Home / Knowledge / News / Textiles / Vidarbha cotton farmers oppose FDI in multi-brand retail
Vidarbha cotton farmers oppose FDI in multi-brand retail
18
Sep '12
Cotton growers in eastern Maharashtra’s Vidarbha region have opposed the Indian Government’s decision of allowing 51 percent foreign direct investment (FDI) in multi-brand retail sector.
 
Several suicide cases have happened in the cotton growing region of Vidarbha due to the state’s pro-MNC policies, Vidarbha Jan Andolan Samiti (VJAS), a farmers advocacy group, said. 
 
VJAS leader Kishore Tiwari said the latest reforms proposed by the Indian Government such as allowing 51 percent FDI in multi-brand retail sector, along with the hike in diesel prices and subsidy cuts, would pave way for MNCs to obtain control over the entire agrarian economy of the country.
 
He said Vidarbha is a perfect example that shows how allowing foreign investments in agriculture inputs allows MNCs to build monopolies, giving rise to unfair trade practices like cartelization. 
 
Over 9,000 farmers have committed suicide since 2005 when American MNC Monsanto was allowed to take over the region’s cotton economy. Following continuous and strong opposition, the Maharashtra government ultimately agreed to ban Bt cotton in the region, but the decision came after several farmers lost their lives, Mr. Tiwari said.
 
The Government’s latest decision makes way for entry of MNCs like Tesco, Walmart and Carrefour in the Indian business space, which would further intensify the agrarian crisis, which on an average has caused one farmer to commit suicide every eight hours, he added.
 
Mr. Tiwari said the proposed reforms would prove to be the last stroke on the farmers, which would annihilate them in such a manner that they would never be able to recover.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search