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

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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