“The Development Model by giving total control of agriculture and total rural economy in the hands of few MNCs is very serious issue. We want national debate over prevailing distress and despair, coupled with mounting debt and failure of social and economical system. Hence we protest FDI in retail,” Tiwari said.
He said Vidarbha is a perfect example that shows how allowing foreign investments in agriculture inputs allows MNCs to build monopolies, giving rise to unfair trade practices like cartelization. “Over 9,000 farmers have committed suicide since 2005 when American MNC Monsanto was allowed to take over the region's cotton economy. Following continuous and strong opposition, the Maharashtra government ultimately agreed to ban Bt cotton in the region,” Mr. Tiwari said.
The government's latest decision makes way for entry of MNCs like Tesco, Walmart and Carrefour in the Indian business space, which would further intensify the agrarian crisis, which on an average has caused one farmer to commit suicide every eight hours, he added. Mr. Tiwari said the proposed reforms would prove to be the last stroke on the farmers, which would annihilate them in such a manner that they would never be able to recover.