Food prices are not fair. The prospects are dark. The Times of India recently revealed that wholesale food prices are way below the retail
prices. This spells inefficiency in the logistics chain rather than lying on the part of retailers as had been reported in the newspaper . Under law, a vegetable seller is not under any obligation to sell at a maximum ceiling price. If he or she chooses not to pass on the price difference to the end customer and the customer gladly buys the products, then it is entirely the customer's fault.
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Monday, March 1, 2010
"100 pc cent FDI in food retail/cold chain to result in drop in food prices"
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