Millennium Post

Modi bats for empowered states, pro-trader policies

The idea of state empowerment was first stressed by West Bengal chief minister Mamata Banerjee who had said the country should be run by the state governments and not by Delhi alone.

Modi, while addressing a gathering of the Confederation of All India Traders at Siri Fort Auditorium, said, ‘I think time has come that the traders should use technology to set up virtual malls. Today, people living in rural areas are looking for branded goods and to reach the target the traders have to opt for technology.’

He said, ‘Small businessmen can do big business by setting up virtual units. They can improve the delivery systems and go for online marketing. No need to fear global challenges. Set up virtual malls using science and technology to improve businesses.’

While hinting at FDI and admitting the party’s pro-traders policies, he said, ‘We don’t have to fear the global challenges. We can, in fact, convert this into an opportunity and out-run our global rivals. More than our soldiers, it is our traders who are known for their risk-taking capacity.’

‘It’s a two way system. A small trader can only flourish when a common man will have the capacity to buy the products. And to maintain the balance, the government will have to take strong measures to improve manufacturing,’ the Gujarat chief minister said. ‘The fashion of running the country from Delhi should be stopped for better trade,’ he said.

Modi’s message to the traders to work with large modern stores and online retailers could be seen as a pro foreign investment signal. Without going in to the details on foreign investments, he said, the small traders should emphasized more on quality products so that they can compete better and could enter into contracts with big online retailers to create ‘virtual trade’.
M Post Bureau

M Post Bureau

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