Can FDI benefit the farmers better than rain?

What is actually beneficial for the farmers? Rain or FDI? The UPA government has retained its permission to FDI which has caused a bothering concern for the multi-brand retailers as well as  the common farmers who produce the retailing goods by their hard labor in day to day life. Is this decision to allow FDI in retail right or wrong? Below is review article on this matter to determine the factor that holds better perspective.

 Very recently, the honorable Prime Minister of India Dr. Manmohan Singh arranged a mega rally at Ramlila Maidan, New Delhi where thousands of farmers from various corners of India were invited and gathered to understand the benefits of Foreign Direct Investment (FDI). Since the opposition parties of the UPA government are making allegations frequently that FDI will not benefit the farmers and retailers, the congress led UPA decided to contact these persons in direct to know their views.

Rain is needed more, not FDI

Out of many farmers present, a 43 yrs. Old farmer Harjari Ram was asked by the prime minister to know his views regarding FDI. Since he was an innocent and less educated person, he simply said that he did not know anything about FDI. He was also not sure of how far could the FDI help the farmers. But he could state with firm conviction that rain is always far better than any FDI. Because rain produces grains, cereals which FDI can’t do. As per his view, FDI can only benefit the leaders of the nation directly.

FDI is useful, but not guaranteed for farmers

Here I mean to say that the purpose of FDI is to strengthen the financial stability. But money will not produce grains. It is the supply of water, fertilizers and seeds that produces the basic needs of life like food, clothing etc. Monetary strength becomes secondary when it comes to producing goods for life. No-one will eat money, but then again FDI cannot also be fully rejected. The fact it is of lesser value to the farmers.

Allowance of FDI by the government is right or wrong?

The UPA government allowed 51% Foreign Direct Investment in the multi-brand retail market in September 2012. Is this decision right or wrong? No, personally I don’t feel it is wrong because of the present critical situation of the Indian economy. India will have to take help from the developed nations if it is to recover its financial vigor again. But there should be exclusive benefits for the farmers first from the FDI profits. Because farmers are the persons who will create the goods for foreign purchase and thereby be the backbone of FDI success of India.