The Hindu Business Line : Multiplex effect

This is with reference to "The multiplex multiplier effect" (Business Line September 27): The author says that farmers will get better prices and terms it a "boon for farmers." The facts are otherwise.

According to a study "of every £1 of retail price for Ecuadorian bananas, the plantation worker receives just 1.5 pence, whereas the plantation owners receive 10 pence, the trading company 31 pence and ripener/distributor 17 pence and the final retailer 40 pence.

The banana story is just one part of what has been described as a disaster for small farmers.

With all these drawbacks, the supermarket syndrome is an inevitable result of the liberalised economy and little can be done to stop this mighty wave.

The rate at which the malls and multiplexes are growing in India, it is a win-win situation for the builders and developers.

It is too early to conclude whether the multiplexes are yielding adequate sales and profits, especially for the individual shops.

How our growers and workers are being exploited needs to be studied.

It is surprising that multiplexes should be termed `modern temples of India.'

S Subramanyan

Mumbai

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

Related Stories:
The multiplex multiplier effect

More Stories on : Letters | Retailing

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Unclog the money channels

Auto boom and the talent crisis

Corn: The plastic alternative

In the land of rising nationalism

Energy security: An urgent priority

MSMED Act — Law with large impact

Offguard General

Multiplex effect