AMAZON’S $1 BILLION, RS. 7,000 CR INVESTMENT IS SELF INTEREST, NOT FAVOUR TO INDIA

AMAZON'S $1 BILLION, RS. 7,000 CR INVESTMENT IS SELF INTEREST, NOT FAVOUR TO INDIA
Photo courtesy: Washingtonpost

After India’s anti-trust review of Amazon and Flipkart for anti-competitive practices, Amazon announced its $1 Billion, Rs. 7,000 Crore planned investment in its eCommerce operations and to help small and medium businesses.

Amazon’s investment is in its business interest to grow in India. It is partly to fund losses in its operations, which in case it has to fund with new cash investment and it is to educate small and medium businesses to sell on Amazon. Some is welcome.

But the troubling issue is Amazon and Flipkart, the e-commerce giant’s possible “predatory pricing and unfair trade practices.” This could wipe out lakhs of small and medium businesses as has happened in the several other countiries. This is why lakhs of small retailers are protesting and the eCommerce giants need to be investigated..

Source: Washingtonpost

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  • 22 Jan 2020
  • WerIndia

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In 1989-90, with Rajiv Gandhi as PM and Farooq Abdullah as CM, 400,000 Kashmiri Pandits, Sikhs & Others FACED GENOCIDE - were slaughtered or forced to leave Kashmir overnight. "The Kashmir Files" shows only a small part of this. Should a Kashmir Genocide Law be made and the atrocities be fully investigated?

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1989-90 में, राजीव गांधी के प्रधान मंत्री और फारूक अब्दुल्ला के मुख्यमंत्री के रूप में, 400,000 कश्मीरी पंडितों, सिखों और अन्य लोगों को नरसंहार का सामना करना पड़ा - या तो रातों-रात कश्मीर छोड़ने के लिए मजबूर होना पड़ा । "द कश्मीर फाइल्स" इसका एक छोटा सा हिस्सा ही दिखाता है। क्या कश्मीर में हुए नरसंहार पर कानून बनाया जाना चाहिए और अत्याचारों की पूरी जांच होनी चाहिए?

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