The Army has plans for a technology thrust in the near term, including the use of AI to support decision-making. While well-intentioned, this may have unintended consequences.
Online retail is the future. That is something which conventional bricks and mortar retailers must accept as an incoming tide that no Canute can stand up to. High prices of real estate give online an extra edge. The government’s role in such a situation should be to accord primacy to the interests of consumers, who also have votes. Taking extra care of the small mom and pop stores, with a few sharks using them for cover, can be tempting. It should be avoided. Strengthening moder retail would also help Indian farmers. The only thing one understands about the twists and turns of FDI policy – by no means only for retail – is that it invariably succumbs to the vested interests of dominant local firms. For that matter, Amazon and Walmart are not orphans, either. Expect the empire to strike back for them, with full force.
Thanks for sharing this information.have shared this link with others keep posting such information..
Another stupidity by Modi. Ordinary people lose.
Who said amazon was founded by indian? Are you guys really stupid and just make articles to just make articles?
In local market no return policy or warranty is given on cosmetic . At least amazon & flipkart gives 10 day’s return policy. ???
Online retail is the future. That is something which conventional bricks and mortar retailers must accept as an incoming tide that no Canute can stand up to. High prices of real estate give online an extra edge. The government’s role in such a situation should be to accord primacy to the interests of consumers, who also have votes. Taking extra care of the small mom and pop stores, with a few sharks using them for cover, can be tempting. It should be avoided. Strengthening moder retail would also help Indian farmers. The only thing one understands about the twists and turns of FDI policy – by no means only for retail – is that it invariably succumbs to the vested interests of dominant local firms. For that matter, Amazon and Walmart are not orphans, either. Expect the empire to strike back for them, with full force.