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by davchana
1971 days ago
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Three Bills, First one is giving the freedom to sell produce anywhere instead of designated grain markets. Sounds good? Until you realise that Grain Markets Officials were there kind of observers (at least in the spirit of law). Now Companies with teams of lawyers can deal directly with illiterate of private farmers. the las specifically gives only DM as highest arbiter in event of disagreement. Second one is giving freedom to store produce as much as one wants. Sounds good on paper until you realise most of the produce (wheat, rice, veggies, anything) need special environment to store. Which private farmers lack & only Adani Ambani have access to those modernized silos. Guess who is going to buy it cheaply at harvesting season & then store it for months/years & release the produce to market to maintain the artificial scarcity? Sounds similar to modern diamond industry. Third One, removing the MSP, Minimum Support Price. Anybody can pay as high as they want to buy the produce in open market. Ambani gave free 1GB internet for two years to drive out the competition in mobile network market. Its a known business plan in SV to bleed money to drive other competitors out. Ambani's competitors are small scale flour mills, shop owners, contartors, small scale sellers. Guess who will be out of business in 2-x years by Ambani's unlimited money & guvernment support? |
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Do you realize how many inefficiencies are caused by pre-Independence and 1960s rules around how much food you can buy and store? Again, if you think they are cornering the market, buy or build a grain silo and compete.
India has the absolute lowest costs of mobile service in the world today. Jio remains the cheapest option in India and in my experience has by far the best service. Jio no longer offers free service but it's still cheaper than anyone else and is almost an order of magnitude cheaper than the prices offered by legacy mobile companies when they came on the scene. How exactly is Jio fleecing consumers?
Why shouldn't a better, cheaper service drive out the old players who can't compete at the same level? That's how market economies should work.