Is it Fair to Expect a Kirana to invest in Expansion by taking loans @ 13% Rate of Interest V/S WalMart and Foreign Retailers Who get Loans @ 2% to 3% ROI?

When Domestic GDP Growth @ 6.9 % and Projected GDP growth for FY12@ 7.5% .The outlook globally is also grim

With Euro Crisis no where close to coming to an End and UN ringing alarm bells of possible recession n FY12.People are forced to stare @ uncertain future. While RBI’s 30 year old approach of hiking Interest Rates is killing domestic growth prospects. There has been about 12 + hikes RBI in past 12 months as result Expansion Plans of many Many SME’s , Small and mid tier and Real Estate all have taken a hit .

Last Nail in Coffin was opening of FDI in Retail without protection to domestic retailers .

Are Small Retailers Right in Rising Decent about Government Move?

• When Farmers are given Loan @ 3% ROI why not Retailers for their Expansion as they have to take on Global Retail Big Names who are cash rich
• Global Retailers First Agenda is to Eliminate small Traders to capture Market which will give them monopoly in ever growing Retail Market
• No Fixed Body like TRAI to fix prices to bring in Fair Place
• Low Quality Goods from China will Stack up As competition shoots up there by compromising  on Quality
• According to Studies Larger Stores attract more people which implies Grade A clientele will be eliminated by smaller stores as they do not depend on credit
• Smaller Retailer will be next to commit suicide if Interest Rates are as high as 11%