‘Don’t be scared of competition’
New Delhi: BJP’s prime ministerial candidate Narendra Modi on Thursday said the consumers in small towns and cities have become brand conscious and small traders should seize the opportunity to service this demand.” Do not be scared by these things. Our children have taken IT to the world. You have to embrace modern science and technology. Set up e-commerce. You can set up virtual malls in small shops,” Modi said without committing his stance on allowing foreign retailers in the country.
The BJP has opposed the entry of global retailers such as Wal-Mart and Tesco and its government in Rajasthan has reversed a decision to allow foreign chains in the multi-brand retail sector.
Modi, who is seen as a tough administrator, also called for eliminating outdated laws which have stifled the common man and the business community. “Sometimes I feel that there is a need to devise a law which would ensure that a new law will be enacted only when 10 old and outdated laws are done away with,” Modi said, while calling for an across the board overhaul of government machinery.
“A massive web of laws has been created. Give us strength so that we can end these laws every week. Laws should be simple, easy and should empower the common man,” he said.
Traders needs to face the challenges . Improve their standards and fight globally in the interest of community welfare.....
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