FDI in retail would be good for the country, according to a study. Growth of Wal-Mart has resulted in decreased wages; shrinking middle class and increase in working poor. If a license is denied, it can be challenged under bilateral investment promotion and protection agreement.
FDI in retail would be good for the country, according to a study. Growth of Wal-Mart has resulted in decreased wages; shrinking middle class and increase in working poor. If a license is denied, it can be challenged under bilateral investment promotion and protection agreement.
FDI in retail would be good for the country, according to a study. Growth of Wal-Mart has resulted in decreased wages; shrinking middle class and increase in working poor. If a license is denied, it can be challenged under bilateral investment promotion and protection agreement.
364 (x2/1600/spr-rv) FDI in retail would be good for the country. The Ministry made a study by ICRIER Indian Council for Research and International Economic Relations. Who is it headed by? One Economist named - Dr.Isher Judge Ahluwalia. You know the name. Who is she related to? I do not want to mention. This is the same story. This is the same school; this is the World Bank, IMF school, who plans to sell the country down the drain. We want to say that the growth of Wal-Mart has resulted in decreased wages; shrinking middle class and increase in working poor. Wal-Mart faced allegations of bribery that helped it to set up store much ahead of its competitors in Mexico. Wal-Mart contributes to poverty, which could prove costly in India. Will Wal-Mart help farmers? I heard Congressmen say on television this is for the sake of farmers. You see a supermarket anywhere. How much space in a supermarket is occupied by fruits and vegetables? Five to 10 per cent. (Interruptions) MADAM SPEAKER: Please take your seat. (Interruptions) MADAM SPEAKER: What is it? Nothing will go on record. (Interruptions) (Not recorded) PROF. SAUGATA ROY (DUM DUM): I said, I can understand Shri Chowdhurys anxiety. (Interruptions) He was recently made a Minister. (Interruptions) Also, Shri Chowdhury is enthusiastic. I appreciate his enthusiasm but not his point. (Interruptions) MADAM SPEAKER: Please take your seats. (Interruptions) PROF. SAUGATA ROY (DUM DUM): He is saying that States can determine if they will issue licenses under the Shops and Establishments Act to multi-national retailers. This is in conflict with national treatment. If a license is denied, it can be challenged under Bilateral Investment Promotion and Protection Agreement (BIPA). This is a news. .. (Interruptions) Comment [ l 1] : Sh roy cd 04.12.2012 Uncorrected / Not for Publication
365 MADAM SPEAKER: What is it happening? (Interruptions) PROF. SAUGATA ROY (DUM DUM): Let me conclude. (Interruptions) MADAM SPEAKER: Kindly conclude now. PROF. SAUGATA ROY (DUM DUM): Madam, to legitimatise the entry of multi-nationals in retail, the Government is saying that there is lot of storage facilities for agricultural produce. (y2/1605/ksp/sb) Is it not the responsibility of the Government to either create the storage capacity on its own or encourage the private sector to create this by way of subsidies? The Government, having failed miserably, has no right to penalise the small retailers for no fault of theirs. +vF cn: ~ii ~ii-i :i-ii-i ii` ...(iiiii, PROF. SAUGATA ROY (DUM DUM): He has got the store houses. (Interruptions) Now, in case of (Interruptions) Is this any logic? I want to know. Again I want to say that the Commerce Minister is engaging in double speak. He is saying that 30 per cent sourcing will be done from Indian SMEs. It is a political gimmick designed to assuage the feelings of those opposed to FDI in retail which is unlikely to stand scrutiny if foreign retailers challenge it. Such a clause cannot be enforced under the WTO and various Free Trade Agreement obligations. Under the FTAs, the Government has to provide the foreign investor the same treatment that it gives to an Indian manufacturer. Since there is no such procurement clause binding on an Indian retailer, it cannot be imposed on foreign retailers. The Commerce Minister knows that, but he is hiding the fact. Madam, what they are saying that this is for farmers benefit is a ruse. The hyper markets only sell manufactured goods and only 5 to 10 per cent space is given for fruits and vegetables. So, the farmers will receive no benefit. They are Comment [ l 2] : Cd by z2 Comment [ s3] : (Prof. Saugata Roy - Cd.) 04.12.2012 Uncorrected / Not for Publication
366 saying that they are not going to set up these stores in rural India and only in cities they will be there. (Interruptions) Madam, all I want to say is that today the future livelihood of 3.3 crore retail traders, who are not parasites to the society, is at stake. If Wal-Mart comes in, the kirana shop, the neighbourhood friendly kirana shop, who knows you by face, who gives you credit, will close down. The farmers will not benefit. Indias money will go abroad to Wal-Mart; maybe (Interruptions) (Not recorded) get her share. We will not benefit. (Interruptions) THE MINISTER OF COMMUNICATIONS AND INFORMATION TECHNOLOGY (SHRI KAPIL SIBAL): Madam, this cannot go on record. MADAM SPEAKER: Okay, I will delete it. (Interruptions) MADAM SPEAKER: Please take your seat. Nothing else will go on record. You have concluded. Thank you so much. (Interruptions) (Not recorded) MADAM SPEAKER: Hon. Members, under Rule 353, no allegation of defamatory or incriminatory nature shall be made by a Member against any person unless the Member has given adequate advance notice. (Interruptions) +vF cn: ~ii-i i ii; (iiiii, PROF. SAUGATA ROY (DUM DUM): Madam, I have already spoken. To whom should I give? (Interruptions) MADAM SPEAKER: Not to anyone else, but to me. The notice has to be given to the Speaker and also to the Minister concerned. I will call for the proceedings of the speech that you have made just now and if it attracts the provision of Rule 353 and if there are allegations, that would be expunged. (Interruptions) MADAM SPEAKER: I am saying something. Please take your seat now. 04.12.2012 Uncorrected / Not for Publication
367 (Interruptions) MADAM SPEAKER: I am saying that I will call for the records of the proceedings. (iiiii, +vF cn: ~ii-i i ii;, i i :ii`i (iiiii, +vF cn: ~ii-i iii iii t t? ~ii-i i`-i iii iiii ii? :iii i`i-i-i ii, ~ii-i iii iii t t? I am in the middle of this. g V x{ (< =k): ;iii ii :i-iiiii t (z2/1610/mkg/rs) +vF cn : ti, :i-iii ti t i i`ii-i sss t :i i`ii-i i iti ~ii ~ii-ii i ii :ii iti t, ii :i i`ii-i i i`t:iii :i ~ii-ii`iiii t ii -i :iii .ii:iii`:i -iiii iii ~ii iii`-ii i ii ~ii ~ii ~ii-ii it i:ii iti t ii :ii ii -i :iii i:i-ii i ii it -i ~ii-iii iiiii iitii t (iiiii, +vF cn : ~ii ~ii-iii iii ti i; (iiiii, +vF cn : ~ii ~ii-i iii iii t t ? PROF. SAUGATA ROY (DUM DUM): Madam, just give me one minute....(iiiii, MADAM SPEAKER: Shri Hassan Khan will speak now. (Interruptions) PROF. SAUGATA ROY (DUM DUM): I have not concluded, Madam. Please give me one minute. Madam, it is like the argument in the colonial context that since imported manufactured goods were of superior quality and benefit the consumers, above numerous peasants, destroyed the livelihoods of millions of artisans and weavers should not be held against the policy that freely allows such imports. Comment [ s4] : (Cd. by z2) 04.12.2012 Uncorrected / Not for Publication
368 The argument for FDI is a precise recreation of the discourse of colonialism. Now, the countries which have allowed FDI in retail, like, Thailand, Chile, Argentina, Nicaragua, have realised the bad affects of FDI in retail. When you know, when you have the whole world to see just for the tickling of middle- class families to say that we go to our Wal Mart Shop in Delhi, do not destroy the lives of the poor kirana shop owners. Do not do that to the poor handcart puller who carries the material to the shop. Madam, that is why, I am saying that the retail business in India has stood the test of time. It should not be destroyed and if they choose to destroy it by this amendment, history will never forgive them. With these words, I conclude. Thank you (Interruptions) (ends) 04.12.2012 Uncorrected / Not for Publication
369 1612 hours SHRI HASSAN KHAN (LADAKH): Madam, I have moved the resolution for omission and modification in the Notification of FEMA tabled in the Lok Sabha on 30 November, 2010. I want that the House may consider and discuss on the motion and suggest its omissions. If I get satisfied and if the arguments are justified, I may not insist for voting, otherwise, let it go as per rules. Thank you. (ends) 04.12.2012 Uncorrected / Not for Publication
370 1613 ii S + Sx |tMBE j (g BE{ ): -i-i :-iii, :ii:i -iti ii -i ~ii-iii ~iiiii t, ~i-ii .iiii-i-ii ii ii ~ii i.-ii.. ii ii-i:ii ii ~iiiii t i`i ~ii-ii -ii ;:i i`iii -i iii ii ii -iiii i`ii t-i iiii tii iiii ii i iiii :i i :iii t, ii`ii i-iiii i:ii`i i ii t, ii:ii`iiii iii t, :iii :i-iii ii ii t...(iiiii, -i ~ii-iii ~iii`t:ii~iii`t:ii :i-iiiii -i-i, -iti ii it :i-iiii t i`i :iii ii iii`i iii t ~ii :iii i it i`iii iii i`iii, i:i i`iii ~ii i`ii iiii ii :ii-ii ii i`iii :ii:i -iti ii ~iii`ii i`iii it t~ii i`i i`t:iii i iii i iti -i -ii ii i`i -i.i.~ii;. iii tiii, iti ii ii:iii :c iii :i iii ti ~ii ~ii-i ~iii i ii i`t:iii -i ss :i it t, iti ii:iii :c iii :i iii t ii ~ii -i.i.~ii;. -ii ii i`i iii tiii ii iii ss iti -i ti :iiii t (a3/1615/cp/rcp) :ii ii t-i :ii iii i`i i :i .ii t, iti i`i-ii ii :iii t, ii -ii-ii`-iii i it iii`t i`iii i`i iti i -ii ii i`i iti iiii iiti t i :i .ii t, iti i-ii :iii t, iii:i ii :iii t, :i ii t, iti -ii-i-ii iti t i`i t-i -ii~ii; -ii ii i`i ii iti iii iii iiti t, it t ~ii:i .ii, ~i:i-i, i`ii, ti`iiii, i--ii-ii, -itii, -ii`i-i, ii:iii, iii , -ii ii, ii iii tiii ~ii -iiii ...(iiiii, ~ii i :ii iti ii t-i ~iii i , iti .ii iti iiti t, iii :iii i i`i it i`iii iti -i it ti :iiii t, ii ss ii iti, :s ti t iii ;:i iii`i i ~iiii -i ~ii ii; .ii iitii t i`i t-i ;:i iii iti ii, ii -ii iii i, iiii`i it ii i iii`ii -iii`i:ii i`:iiii t ...(iiiii, ~ii it iii tiii t, ii iii :s iti -i iii tiii ...(iiiii, ~ii :s iti -i iii tiii, ii i`t:iii i` ii iiii, t-i :ii i ~i-ii`ii ii ii i, iii-ii i`t:iii -i iii i iii, -i :i-iiii t i`i it i.ii.ii iii ti ti t it ii iii ti ti t, -ii ii ;:i iii ii :i-ii iti t i`i it iii iii ti ti t ...(iiiii, +vF cn : i:i ti iii, ~ii iii ti ii; (iiiii, +vF cn : iii i`t Comment [ M5] : Cd by a3 Comment [ p6] : ~ii ii`-ii i`:iii iii 04.12.2012 Uncorrected / Not for Publication
371 (iiiii, +vF cn : ~ii-i iii i t t (iiiii, g BE { : ~ii ~ii-i ~i-ii .iii -i iiti t i`i -ii~ii; -iiii iii iti ti, ii -ii iii ii it ~ii-iii i`iii t t-i i`i:ii i`iiii :iii ii iti it :iii t i`i ~ii-i i iii i it ii -ii i`:i:-i t, -ii :ii t, ii`ii ~ii ~ii-i iiti i`i i .iii -i iti i -ii-i-ii iti t i`i t-i iii iii iiti t, iti ~ii-i i:i i`iii i :iii t it i iii i`ii-i -ii t~ii t i iii -iii`iii ~ii-i i`iii :ii t i`i i .ii :i .ii ii itii i`i -i ii iti iii iti iii, ii`ii i-t ii iii iti ii ii ...(iiiii, +vF cn : ~ii-i :ii iii`i, iii ~i-iii iii iti i i`i ~ii-i i ii; (iiiii, +vF cn : ~ii-i iii iii :ii`i (iiiii, g BE{ : it iii :ii :ii i`iiii`ii iii t ...(iiiii, +vF cn : iii ti ii; (iiiii, g BE{ : t-i ii ii :ii-i, ii`ii i-iii ii ii i iii ...(iiiii, it iii :ii iiiii`i t -ii ~iii ii it iii :i-ii iti ~iiii, ~ii ~ii-i iti iiti ii -ii iii iii`i ~ii iti -ii-i-ii iiti t, iii iii ii ii`i ;:i i`i ii -iiii iii t it ~ii-ii`i ii t-ii ~ii-iii i t, it ~ii`iii ii ~ii-iii i`iiii :iii ii t-ii i`ii t, ~ii-ii -ii-i-ii ii i`ii t ~ii i .ii -i iti iii iii iiti t ii -ii iii i ...(iiiii, g xp BE (BE): t-i iti ii g BE{ : ii t, t-i -iiii t ...(iiiii, iti t-iii iii`i t ii -i t-iii ~i-iii :iii t tii iti i`i t-i iti iii ii ...(iiiii, t-ii iti i`i ii t, -ii iii ii` ...(iiiii, +vF cn : ~ii-i iii iii :ii`i (iiiii, 04.12.2012 Uncorrected / Not for Publication
372 g BE{ : ii`ii iti -ii-i-ii iii iii iiti t, ~ii-iii iii :ii i`iiii`ii ti t i`i ~ii-i :iii i`iii i ...(iiiii, it ii ti iii -ii iii, -i :i-iiii t i`i ;:i iii ii ii iti ii, it iii i iiiii`ii iiii ii iit :i ti ti t ...(iiiii, +vF cn : ~ii-i iii ti ii; i`iiii ii, ~ii-i iii ii ti iii (iiiii, THE MINISTER OF URBAN DEVELOPMENT AND MINISTER OF PARLIAMENTARY AFFAIRS (SHRI KAMAL NATH): Madam Speaker, I want to appeal, through you, to the Leader of the Opposition, Sushma ji (Interruptions) She is herself chatting. (Interruptions) +vF cn : i ii; i`ii`iiii ii i ii; (iiiii, SHRI KAMAL NATH: Madam, I want to appeal, through you, to the Leader of the Opposition that please let this debate go on the way it is meant to go on. Otherwise, this will start a precedence that when they speak, nobody from here will let them speak. So I appeal to the Leader of the Opposition, through the Speaker, to please control her Members. (Interruptions) (b3/1620/rp-raj) +vF cn : ~ii-i :iii i ii; (iiiii, +vF cn : i`i i:i tiii ~ii-i :iii i ii; (iiiii, +vF cn : ~ii-i i ii i ti i ~ii-i i ii; (iiiii, g BE{ : -i-i, t-iii -ii iii`i iii t -ii iii`i it t i`i t-ii it i`iii ...(iiiii, MADAM SPEAKER: What is this? (Interruptions) MADAM SPEAKER: We would not proceed with the debate. What is the point? (Interruptions) Comment [ R7] : Fd. by b3 04.12.2012 Uncorrected / Not for Publication
373 +vF cn : i`i:ii ii iiii iti ii t ~ii-i iii`i :i ii` (iiiii, MADAM SPEAKER: Let us go on with the debate. (Interruptions) g BE{ : ii; ii -ii ii i`i -i ~iiii iitii t ii :iii :ii:i -iti :cc i`-ii` iii ii i`iii iii -iii ...(iiiii, MADAM SPEAKER: Let us have the debate. (Interruptions) +vF cn : ~ii-i :iii i ii; ...(iiiii, MADAM SPEAKER: Nothing will go in record. (Interruptions) (Not recorded) MADAM SPEAKER: Please sit down. (Interruptions) (Not recorded) g BE{ : :ii:i -iti :i :cc i`-ii`iii ii i`iii iii -iii :i-i :i sc .ii`iii, sc i`-ii`iii ii ii ;.ii:ii -i ;i: iii -iii...(iiiii, ;:iii iii -iiii t~ii Post harvesting, food processing, warehousing, inventory management, farmer support system and competitive dynamics to benefit consumers, farmers, processors and suppliers. +vF cn : it i`iiii ii ti t (iiiii, g BE{ : sc i`-ii`iii ii ii ;.ii:ii -i ;:iii ;i: iii -iii...(iiiii, ~ii :iii:iii -i it ii ii t i`i ii sc i`-ii`iii ii t :iii iii :iii -i ;i: iii -iii ...(iiiii, ii :i :iii ~ii-ii`i i`-iiii t :ii iii :iii ii :i sc i`-ii` iii ii :iii ;i: iii -iii, iii it ~i-iii i`i iii :iiii t ...(iiiii, it ii:ii iii t iiii iii it t i`i ii it -ii-iii ii iii iiii, :iii ii :iii:ii t ii:i .ii`iii -i:i-i; :ii :i ~iiii ;:iii -iiii t i`i it ii ii ii:i .ii`iii -ii-iiii`i .iii -i:i-i; :ii :i :ii :i iti iii ii it iii`i ii iii iii ...(iiiii, ~ii -i~ii;-iiii 04.12.2012 Uncorrected / Not for Publication
374 ~i.iii iti i`-iiii ...(iiiii, it t iii`i ...(iiiii, iii-ii ii iii i.ii.i i ti ti ii ;:i -i -i iii iii iti iii iiii`i :ii-ii ii ii ~iii iii -iii-i t ...(iiiii, -i iii i ~iiii iiiii iitii t ii iii i ii :z -i -ii~ii; :ii ii ~ii-ii i`iii ;:i -iti .iiii -i ~ii :iii:iii :-iii ;iiii-ii iii -i ~ii-ii i`iii ~ii iii-ii ii ~iiii ii -itii ii, -iti ii :iii .iii`-i ii zccs -i ~iiii ii zccs ii it ii -i ii ti ii it ~iiii t ...(iiiii, it -i ~ii-iii iii :iiii t ...(iiiii, :ii iii, -i ~iii ii i:ii`i iiiii t ...(iiiii, ;iii -ii~ii; ;i i`i :cc .ii`iii t I am reading from Forbes International Retailers Struggle In China. (c3/1625/lh-nsh) It says: Even the two earliest entrants into Chinas retailing industry, Wal- Mart Stores Inc. and Carrefour, are struggling to make their business models work in the country.
iii-ii ii;ii -i -ii ti iii, ii-ii ii -ii ti iii ~ii ~ii-i iti t i`i iii-ii i :iiii ii i`iii...(iiiii, g +xM c ~BE (c{, c.|.): iii -ii i t ~ii ~ii iii i t t ...(iiiii, +vF cn : ~ii-i iii i ti i (iiiii, MADAM SPEAKER: Nothing will go on record except what Shri Kapil Sibal says. (Interruptions) (Not recorded) +vF cn : ~ii-i ii` (iiiii, g BE{ : ii :ii-ii ii ~i-iii iiii ti ii, tii i -iii`ii i-iiii ii i`-ii ii iii i`iii ii -ii i:i -ii i`i :iii iii ii`i tii iti iii; iii ;:ii`i iti iii; iiii`i ~ii iii ii ii -iii ii iiii i`i iii-ii ii i`iii ii i`i -ii~ii; -i i`i tiii iii`t...(iiiii, -i :ii ii -i iiiii -i; :+, zccz -i i ii~ii-i ii The then Comment [ r8] : Cd by c3 Comment [ r9] : Shri Kapil Sibal cd. 04.12.2012 Uncorrected / Not for Publication
375 Minister of Commerce, Shri Murasoli Maran, prepared a Note for that GoM. I will just read what that Note says. It says: 1. Huge capital infusion by foreign investors, as modern organized retail business involves substantial investments in real estate, storage and transport logistics, IT applications, marketing and merchandising, etc., and, therefore, FDI multi-brand retail should be allowed.
2. A direct fallout of huge FDI in this sector would be employment generation .
i`iii ;ii i`i ii it it ti t It says: 2. A direct fallout of huge FDI in this sector would be employment generation both direct and indirect. Notwithstanding the capital intensity of modern retail business, it also continues to be labour intensive.
3. Enhancement of productivity and efficiency gains through introduction of modern technology and management skills, compression of distribution chain and adoption of global best practices.
4. A direct fallout of higher productivity would be lower prices of goods, which would directly benefit consumers.
5. Lower prices and marketing skills would stimulate demand and consumer spending.
6. A strong FDI presence in the retail sector would act as a driving force in attracting FDI in upstream activities as well, especially in food processing and packing industries. They also motive their worldwide suppliers to set up business in the new location to maximize the advantages of localization in terms of production costs.
;:ii ii iii t~ii iii-ii i ii zcc+ -i ~i-ii -ii`i-i:i -i iii iti, -i :ii ii -i itii iitii t...(iiiii, I am reading the Vision Document. It says: 04.12.2012 Uncorrected / Not for Publication
376 Trade and Commerce: Organized retail trade on the international pattern will be promoted as a new engine of growth for trade and employment through appropriate legal and fiscal measures. 26 per cent FDI in retailing will be allowed. Sourcing of Indian products by foreign retail chains would be encouraged.
It is your document. Own up your document. (Interruptions) iii -ii :ii-ii ii :i :i -iii`ii i-iiii ii iiii -iiii ii, iiii`i it iiii ii zcc+ :i -iti ii t ;tii i`-i ii ~i-iii ;ii ii i`ii -iii`ii i-iiii ii i`-ii i ii ii ;ii ii i`ii iiii`i ;ii i`iii iii-i -i it iii i`iii i;...(iiiii, ~iii i:iii i`:it ii iti i t i i:iii i`:it ii i ;:ii ii -i i ii iti ~i.ii :z, zcc+ -i iti It is a part of our Agenda and we are committed to it. ~iii i ~ii it t t i`-i tii iti ii iii ti ti t i`i t-iii i-ii:i :i-ii; ii :ii i-i ti iiii, :ii i ~iii ti iiii i:iii i`:it ii :i ii it :iiii -ii iii ii tii iti Many said that Kentucky (KFC) will drive the dhabas out of the market. The dhabas have driven out Kentucky. The Indian sherbat is still there despite Coca Cola and Pepsi. Don't underestimate India. Our experience is that the Indian brand has great strength.
ii zcc+ -i ~ii-ii it i`iii i`iii i`-i ~ii-ii ;ii ii i`ii ii ;i`ii ii;i`ii i--ii iiiii ~ii-ii :ii-ii ~iiii ii ~ii-ii ;ii ii i`ii (d3/1630/rjs-kkd) ~ii-ii :iiii i`i ;:i:i :iii -i i iii ~iii, t-i ii ~iii ti iti, ;:ii`i iti tiii i`i t-i ~i-iii ;ii ii ~ii-iii ;ii iii ii, it ii -i -i. ii t -i ~ii-iii ii zcc ii -ii`i-i:i ii -i. ii t i`i :i-i ~ii-i iii iti t The BJP understands the critical importance of retail trade in the context of employment and services provided by them, and thus favours a dominant role for the unincorporated sector in retail trade. Towards this end, it will not allow foreign investment in the retail sector. After agriculture, the retail sector is the largest employer of nearly four crore people.
Comment [ n10] : Cd by d3
Comment [ r11] : Sh. Kapil Sibbal-cd 04.12.2012 Uncorrected / Not for Publication
377 So, you have said that you favour a dominant role of unincorporated sector in retail trade and allow foreign investment in the unincorporated sector. it -iii ;i:-i iti :i ~iiiii -iii ;i:-i ~ii;iii-iii` :ii -i i:i ~iiiii, it t-i iii ii`i iii :i ;ii`ii~ii -i ;i:-i ~iiiii, -ii iii;i ...(iiiii, ~iii ii ii iiiii iti , ~ii :iii iii ii ...(iiiii, ~ii :iii iii ii, ~ii-ii it iti iiiii i`i i:i ~ii;iii-iii` :ii -i -iii ;i:-i ~iiiii ...(iiiii, iii :ii ~ii;iii-iii` :ii iii -i ;i: iii, iiii -i ;i: iii, :-iii :ii :ii ;: i -i ;i: iii ii -ii:i ii -i:ii ti iti tii ii`-ii iti :i ~iiiii ii:i :i iii iti :i i`-iiii t-iii -i:i-i; :ii ~iii ii:i :i iii i iti :iiii ii` ii i`-iiii iti t ~ii -iii ;i::i iti ~iii iii -i:ii ii -i ~ii-i:i -iii iitii t i`i ii ~ii-ii ii zcc+ -i i`iii i`iii ~ii ii zcc -i iii, ~ii-i iii;i i`i iii iii, i:i iii ~ii i`i:i iit :i iii ...(iiiii, ~ii :iii ti ii, ~ii-ii ~iii ii iti iiiii ...(iiiii, -i ~ii-iii i ii ...(iiiii, i`-i i`iii, ~iiiii, ii;ii, ii;i ~iii` iit i ii ii iii ti ti t t-i iiiiiii, i: iiii ii iii ii t ~i:ii`iii ii -iii ii iiiii ...(iiiii, i: iiii ii iii ii t ~iii i i`i i: iiii -i iii ti ti t ...(iiiii, ~ii-iii -iii-i t i`i i: iiii -i -ii-:iii i--iii i`i:iiii :i ~iii iiii t iti iii ti ti t ii :ii-ii-i ii ii i t~ii ii ii zc:c -i .iiiii-i zz tii -iii`i i ii ii ~iii ii zc:z -i s tii -iii`i i ti iii t, iiii i :iii -i ii i`i:iii ...(iiiii, ~ii it .ii ii .ii;i -i tiii t -ii-:iii i`i:iii i :iii ii i iii t i`i iii :ii .ii;i -i :i iii t ...(iiiii, iii :ii-ii iti, .ii ii .ii;i`:ii t ~ii-i iii it t t ...(iiiii, It is not contract farming; you are wrong. :i-i i ii t~ii -i i-:iii ii -iti :scc -ii-i:i i :iii :i-iiiii ii ii`ii ~ii :c tii -ii-i:i ti ii t ii zccs -i :scc -ii-i:i i ii`ii ~ii :c tii -ii-i:i i :iii iii :i-iiiii t ii ii i`ii ~i iiiii ii, it ii zc:: -i s tii scc i ii, ~iii it z tii i t ;:iii -iiii it t i`i ~ii-i i: iiii -i iti ii-i i t t i`i:iii ~iii iti i`iii i t t ...(iiiii, i: iiii -i ~ii-i iti ii-i i t t i`i:iii iti i`iii i t t ...(iiiii, -i iiiii t i`i ii ii iii iii t i`i i`ii iiii, i`iii:i i`i -ii ii ii ii ii iii iii t i ~iii ii -i -ii:i t -i ~ii-iii -ii ii ii ii iii iii t 04.12.2012 Uncorrected / Not for Publication
378 Metro Cash & Carry says:
Our partnership with farmers ensures they find a wider market for their fresh produce through collection centres located close to their farms. Farmers benefit from reduced transportation costs, extensive training opportunities and a reliable and transparent electronic payment system.
iii`i i`i:iii ii :ii iii -i:ii i`-iiii t ii it iitii t, ii :iii ii tiii t it iit -iii i i -ii:i iti iiii i`i:iii iti iii ti ti ii -itii ii i`t:iii i ;i`iti:i -i i i`i-ii ii iii i -iii i i -ii -i iii ii ...(iiiii, gi V (n): ~iii -itiii, -ii ~ii.ii ii iii ii, :iitii ii iii iti ii ...(iiiii, ~ii-i iii iiiii -ii iii`i ...(iiiii, g BE{ : -ii ;:i iii ii iti t ii i tiii t ...(iiiii, ~ii-ii iti i`i it iiii iti iii, it ii -iii i i -ii:i iiii t ...(iiiii, (e3/1635/rps-mmn) -iiii i-i ti iii i`i:iii ii, it ~ii-ii iti t...(iiiii, gi V (n): -ii :iitii ii iii ti iti ii, -ii ~ii.ii ii iii ii, ii ~iiii iiii t ~ii-iii :iitii ~ii ~ii.ii ii ~ii ti iti -iii t...(iiiii, g BE{ : i`-i t-i i-i ii iii ii t ii i-i i`i:iii ii i i`iii ~iii i i` i iiii -i i-i iii -ii i`-iiii t ~ii :i -i-:iiii s.zs -ii ii t iiii -i iii -ii ~ii iti iiii -ii i`-iii t ii zc:c:: -i iiii -i s.sc -i:i :i -iii -ii ii i-i ii ~ii iti -i -ii i`-iii i ;:i it i`i:iii ii -i:ii iii i`-iiii t, i;-i -i -i:ii i`-iiii t ~ii-i i`i:iii iii iii t, it -i ~ii-iii iiiii t...(iiiii, ~ii-i i`i:iii ii tiii it t i`i :i -iii iti t i`i -ii ii -iii iiii t :iii -iii iti t i`i -i ii iiii ~ii ii it iiii t, :iii ss :i +c .ii`iii iii ti iiii t ...(iiiii, We are the second largest fruit and vegetable producer in the world. (Interruptions) We are the second largest producer of fruits and vegetables in the world. We produce more than 200 million tonnes of fruits and vegetables, and imagine 35-40 per cent of those fruits and vegetables get wasted, which means something like 80 million tonnes and calculate the value of Comment [ r12] : Cd by e3 Comment [ A13] : Sh. Sibal cd. 04.12.2012 Uncorrected / Not for Publication
379 those 80 million tonnes. Out of 200 million tonnes, 80 million tonnes get wasted. Calculate the value of those 80 million tonnes. It comes to thousands of crores. (Interruptions) MADAM SPEAKER: Please sit down. Nothing will go on record. (Interruptions) (Not recorded) SHRI KAPIL SIBAL: What is the purpose of this policy? The farmer should get a higher price than he gets in the market, in the mandi. The farmers should get a higher price. (Interruptions) MADAM SPEAKER: Please take your seat. What is this going on? Please sit down. (Interruptions) MADAM SPEAKER: Please sit down. g BE{ : i`i:iii ii, ii it iiii t, :iii i-i ~ii i`-iiii iii`t ~ii it :iii`ii ti iii t i`i i: iiii -i :iii -iii .ii;:i iii i`-iiii t :ii iii it t i`i ii i`i:iii iiii t ~ii iii iiii t, ii :ii -ii:i -iii iti t, :i -iii-i iti t i`i i`i:i -iii -i iiii t ~ii it -ii -i iii iiii t, ii :iii ss :i +c .ii`iii :ii-iii iii ti iiii t ~ii ;:i iii -i ~ii iii i-iiii i:i tii t, i`iiii`i tii t...(iiiii, :ii :ii ii iii t ~ii -i -ii:i ~ii i t i`i iii i`i:iii ii :s :i :z .ii`iii -i:ii ti i`-iiii t ...(iiiii, +vF cn : ~ii-i iii i ii; (iiiii, +vF cn : iii i`:it ii, ~ii-i i ii; Nothing will go on record. (Interruptions) (Not recorded) MADAM SPEAKER: Please sit down. Nothing will go on record. (Interruptions) (Not recorded) g BE{ : i`i:iii ii ii -iii -iii -i i`iiii t, :iii iii :s :i :z .ii`iii i`i:iii ii i`-iiii t, iiii -i:ii i`iiii`iii ii iii iiii t i`i-ii i iii ~ii i`i-iii ii ii it ii iii t i`i i i`i:iii i :iii t ii i`iiii` iii i :iii t ...(iiiii, it ~ii-i ii i iii`i t-iii -iii i`i:iii i :iii t, -iiiiii i :iii t, -i:i-i; :ii i iiii i :iii t, ii iii iii t , 04.12.2012 Uncorrected / Not for Publication
380 i`iiii ;:ii ii iiii`ii i`-iiii, ii :iii t ~ii ~ii-i iii i`iiii`iii i :iii t it :ii-i iii`t ti iii t ~ii-i itii t i`i -ii-i ii iii -iiii tiii, -ii iii i`ii t i`i -i:ii iii i`-iiii, -i:ii i;-i :i i`-iiii, i-iiii i-i ti iiii, :iii -i iiiiiii i`-iiii i`i i:i iiii t, ii iiii t, i`iiii -iiii ii t, i`iiii ii ii t, i: iti tiii ~ii :iii i ii iii t...(iiiii, :iii iii -iiii ti iii t iii i :i-iiiii ti iii .ii.ii;i`:ii ii-i -i (f3/1640/har/vr) t-ii i-i:i ~iii iii t MADAM SPEAKER: Please let him speak. (Interruptions) He just starts to speak. (Interruptions) What is this going on? (Interruptions) MADAM SPEAKER: Nothing will go on record. (Interruptions) (Not recorded) ii t, iii iii t t iiii ii`i ~ii ~ii-iii -ii iiii ii t ii t-i t iii ~ii-iii iiii , iii i ~ii-i i ii;i (Interruptions) MADAM SPEAKER: Nothing will go on record. (Interruptions) (Not recorded) MADAM SPEAKER: What is this going on? (Interruptions) What you want me to do. (Interruptions) How do I run the House if you have running commentary? (Interruptions) MADAM SPEAKER: Anurag ji, please keep quite. (Interruptions) g BE{ : -i iii ii iii iii t i: iiii i iiii -i i i`i:iii i`i:iii ii-i i-i .i:ii ii:iii t :i -ii iii i`i iii ii i-t i`iiii i-i i`-iiii t He said and I quote, this year I have produced corn, which is sold at Rs.12 per kilogram in urban markets but I have been able to sell it at Rs.5 per kilogram in the mandi.
Comment [ A14] : cd. by f3.h Comment [ l 15] : Cd by kapil sibbal 04.12.2012 Uncorrected / Not for Publication
381 It means, he is only able to sell it at Rs.5 in the mandi. iii :iii :z -ii t iiii :i z -ii ii ii:iii tiii ~ii it -ii -i iiii ~ii ~ii-i it ti ii i`i i`i:iii ii ii ii:iii tiii t, i`i:iii i-i ti iii, -iiiiii ii -iiii iti tiii g BEh xV (g{): ;iii ii iiti -i iii ii t ~ii-i g BE{ : ti -i iii t, ~ii-iii ii iii-it-ii t, ~ii-ii i: iiii -i ii iii t ~ii ~ii-ii iii ii i t...(iiiii, :ii:i i`ii`i-i iii iti t i`i :i iii ii :ii iii ii t i`i ii iii ii t ii -i i:ii, i`iti, -ii .ii ~ii ii:ii. ii iii ~ii-iii iii ;iii :iiii i ~ii:i ii ii iiiii ~ii iiii i`i i`i:ii iii :i t-i iii~ii i`i .ii;i :ii ii i:i ii` i i :iii iii ii tii iti We want to link the farmer to corporate value chain. iti ii i`iii i t t iti ~ii:i ii ii -i t t i`i Please allow us to link the farmer to corporate value chain. And, according to Ernst & Young: They are not only seeking interest of Indian retailers but global food companies as well. In the case of Odisha, Ernst& Young is looking to bring in Loblaws of Canada, Barakat and Jims Food Chains of the Middle East. -iiii i`i ~ii-i iti i ti, ii i ti, iiiiiiii i t, ~i:ii`iii i t ...(iiiii, -i i iii ~ii ~ii-ii :ii-ii iii iitii t ii-i-iii i ii iti i t t ii ii i`iii ii t, t-iii i`iii ii t -ii :i i`i ~iiii :ii iii i`i -iiiiii :ii-ii ii, iii :iiti ~ii :iiiii-i ii i ti -ii -i i t i iiii t i`i ~ii-iii i`-iii:i-ii i`i-ii -i tii i ii ii iii t -iti ~ii-i i`iiii;iii ii :iiii ii i ~ii i`iii-i ti ii ti ii ~ii-i :iii -i tii ti ii iiiii;iii :iii ti iiii t, ii ~ii-i i`i-ii -i tii ti ii :iii ti iiii t ;iiiii`-ii iiii`i-i it ~ii-iii iii`i t ii`ii, -i ~ii-iii -iiiiii :iiiii-i iii ii ii -i; :s, zcc+ ii i`t i`iii:i ii;i -i -ii iiii iii iii iti t :iiiii-i iii ii Mr. Yechuri also dismisses the idea that his party was against Foreign Direct Investment in the retail sector. According to him, it was not possible for the country to remain insulated in the present era of globalization. He again said, at the same time, FDI should fulfil three conditions. I entirely agree with Yechuri ji. It should augment productive capacity instead of asset acquisition; should lead to technology 04.12.2012 Uncorrected / Not for Publication
382 upgradation and should generate employment. If these three things are satisfied, foreign investment could be anywhere retail or wholesale. (Interruptions) MADAM SPEAKER: Basu Deb Acharia ji, please sit down. (Interruptions) MADAM SPEAKER: Nothing will go in record. (Interruptions) (Not recorded) (g3/1645/asa/kvj) g BE{ : ;:i-i ii; :ii iiiiiii iti tiii t, it ii t-i iiii t iiii`i t-ii iti t i`i ~ii-ii ii :i iii, ~ii-i ii iti ii iii-ii iii~iii ii :i-i -iii:i .ii`iii, :s i`-ii`iii ii iti iii iiii it ii ~ii-iii :i-i ;i:-i tiii ;:ii`i :i-i i :ii iiiiiii iti t ~ii ~ii-i :-iii :ii :ii -i ;i:-i ii ii iiii i.ii it iii ii t iiii`i ~ii-i iti :i i`.iiii ii ii iiii i.ii iiii ii -ii-iiii`i ii ii -iiii i`-iiii ~ii-i t-iii ~iii-iiii;i :ii i iii`i i`-ii :i :iiii -i ii i--iii ;:i i`t:iii -i ii ti iti ~ii it iii ~ii-i ii iiii t ~ii t-i ii iiii t i`i i--iii ;:i iti ii ~ii :iii t i i`i -iii i-iiii ~ii iiii ii ~iii-iiii;i :ii ii iii tiii? ~iii ii i`i t i` i t-iii i-iii ;:ii i`ii ii :iii -ii i-iiii ii i-iii:i :i-ii; iii t t-ii i-iii:i i i`iii i`iii -i iii iti ii :iiii ...(iiiii, it tii t ~ii-i t-ii -ii-ii :ii ii i`i ii i`iii tiii ii ii .iii -i ii iii ~ii; ~ii t-ii ;iii :i-iii i`iii iiii`i i :i :i-ii :iii -i i ii`ii ii i :iii -i iti t ii ii zcc+ -i ii t-i .iii -i i`iii i i`i ii ii ;tii i`iii i`iii ~ii iti i`i t-i iti iii i ;tii -ii-ii:ii`i:i -i i`iii i`iii -ii:i -i i`iii i`iii ii~ii i :i-ii -i ii :i :i-ii ii .iii -iiii :ii;i ii i i`i ii i ii iti ~ii-ii i`iii i`iii ~ii-ii iti i`i we lost the trust of the people of this country; we will never allow liberalisation. i`-i ~ii-ii i.i.i-ii i ii ~ii-i :iii -i ~ii ii ii tii iiii i`ii i`i we will embrace liberalisation. ...(iiiii, ;:ii`i ~i:ii`iii ii it t i`i ;:i i ii iiii iti iiiii i`i ~ii-iii iii`i iii t? ii`ii i ii iiii it iiiii t i`i ~ii-iii iiii iii t?...(iiiii, ~ii ~ii-i -ii-ii -i, iii`i:i Comment [ a16] : Ctd by Kapil Sibbal
04.12.2012 Uncorrected / Not for Publication
383 -i i`ii ii -itii ii :i i-iiii i ii-i i`iii ii ii i`i i-i :i iii i-iiii i`t:iii ii t iti iti t-ii iii-ii`i ii, t-ii iiii`i ii ~ii:i i`-iii, :ii i`iii -i i`ii i`ii i`i t-i ~iii ti :iii t...(iiiii, ii`ii ~ii-i iti iiti -i ~ii-iii ~i:ii` iii iiiii t i`i ~i:ii`iii iii t? ii t-i iti i tii t ii t-i i`i-ii ii ~ii ii ti t ...(iiiii, g |i{ c V (Mn{): ~iii -itiii, -ii iiii`i t i`i t-iii ;iii ~ii -ii-ii:ii`i:i i-iiii t, ~ii-i i-i :i i-i :ii i i i`i i ~ii ii-i iii`i i`i ii; ~ii ii; ;iii i`iii ii`i, ;t :i-ii ii ~ii iiii...(iiiii, g BE{ : ~iii -itiii, -ii iiii tiii t i`i :ii-ii ii i it i`ii i`i it ii t-ii iii`i iii; t, this is in violation of the Bilateral Investment Protection Agreement and WTO, both. I am surprised. Let me just tell Sushmaji that under the WTO, multi-brand retail trading is classified as a service and therefore covered by the General Agreement on Tariffs and Trade in Services. India has not undertaken any commitment in this area under GATTS. ~ii-ii it i`ii ii iii ~ii-i it :i-ii ii i`i i`iii i :i-ii i`iii ~ii ~ii-iii iii :ii ti i; ? it iti i ii iii t i`i i`i-ii ii iii tii ~ii-ii :ii iii i i ~ii-i :ii -i:ii ti t :ii iii ~ii-ii ii;-ii ii iti it ii -i ~ii-iii iii ii t The BIPA is a post establishment investment agreement. This implies that once an investor enters the country, the investor must be treated the same as a domestic investor unless the limitations to national treatment are clearly spelt out at the pre-establishment stage. The FDI policy is a pre-establishment instrument and therefore not covered by it. (h3/1650/sk-san) :ii-ii ii, ii ~ii-i iiiii t ii ;iii ~ii iiiii t i`i t-i :i-iii t i`i :ii :ii t ...(iiiii, gi V (n): ~ii-i ii it t t -i ;i :iii iiii i; i`-ii; -i ii ~ii-i i`iiii iii it t t -i :iiii iiii ii ...(iiiii, SHRI KAPIL SIBAL: Madam, there are other aspects to it also, apart from the consumer and apart from the agriculturists. Look at the state of the economy in Comment [ a17] : Cd by h3
Comment [ r18] : Kapil Sibbal cd 04.12.2012 Uncorrected / Not for Publication
384 this country. The state of the economy is such that we are running both current account deficit and fiscal deficit. (Interruptions) SHRI ANANTH KUMAR (BANGALORE SOUTH): Who is responsible? (Interruptions) SHRI KAPIL SIBAL: Please understand. (Interruptions) MADAM SPEAKER: Let him speak. Let him elaborate what he is saying. (Interruptions) SHRI KAPIL SIBAL: Why do you not sit down? +vF cn : iiii ii`i (iiiii, SHRI KAPIL SIBAL: So, one of the ways also to garner foreign exchange, which will reduce the deficit, is to allow FDI in sectors that will benefit the economy of this country. Therefore, that is also one of the reasons, apart from the fact that it is beneficial to farmers, beneficial to consumers, beneficial to the economy and beneficial to creating employment. This is another issue which needs to be looked at. The third issue is that I want to give some numbers so that they understand it. If you really look at the population of this country, if you look at 2011 Census, t-iii ii:i ii iiii :.:s i`ii` iii t ii ii zczc -i iiii :.sss i`ii`iii ti iiii zcsc ii zzs i`-ii` iii ~ii iii ii:iii -i i iii -i ~ii-iii i ~ii ~iiii iiiii t i`i ~iii i i`i i`t:iii ii ~iii -ii-iiii s+c i`-ii`iii t ii ii zczc -i i.i +ss i`ii`iii ti iiii ;:iii -iiii t i`i ~iii ~ii :iiii -i ~iii -ii-iiii :zs i`-ii`iii ~ii ti iiii, +z ii ti iiii iii iiii ii iiii`ii iii`t ii ii -ii-iiii`i :ii -i i.iii iti ii, iiii`ii -iii iti tiii iii :iii:i :ii :i ii-i iti iiii ;:ii`i t-i :ii iii`iii ~i-iiiii iii`t i`i:i:i -ii-iiii`i ii i.iii i`ii ii -i ~ii-iii i: i`-ii -ii-iiii`i i ii -i iiiii t, it iti iiii t i`i i`t:iii -i ii ~ii ;i:-i ~ii ti t it iiii -ii-iiii`i -i ~ii ti t i`-ii :iii ss i`ii`iii -ii~ii; ~iiii ii ~ii :i-i z: .ii`iii -ii-iiii`i :ii -i t...(iiiii, -ii-iiii`i :ii ii iii~ii ii ii:i i`-iiii iti ii ii;ii ii iiii ii iii t, 04.12.2012 Uncorrected / Not for Publication
385 -i ~iiii iii ii t i`i iii iii ii;ii :i i`t:iii -i ~ii t t ii;ii -i ii`i:i i`-ii :iii :s .ii`iii i. ~ii i`-ii`i:ii iii :+ .ii`iii i.i t i`t:iii -i i`-ii`i:ii iii :z .ii`iii i.i t ~ii ii`i:i iti i.i ;:ii`i ~iii i i`i iii iiti t i`i iii i`t:iii -i ~iii ;i:-i ~ii -ii-iiii`i i it t-ii iii iiii i i`i ~ii t iiii`i ;i:-i iti tiii ii iiii`ii -ii tiii ~ii iiii`ii -ii tiii ii iii~ii ii iiii i`-iiii iii ~ii-i iii~ii i ii i`iii-i ti, iiii i ii i`iii-i ti ~ii-i i`i:ii -ii -i ti iii ~ii-i ii-i i i`iii-i, -ii-i i i`iii-i, iii i i`iii-i ti..(iiiii, :ii-ii ii i iti ~ii iii iti t, -i ~ii-iii iti ii iitii t...(iiiii, +vF cn : ~ii-i iii i t t :i-iiiii iiii i` ii t t ~ii-i i ii; (iiiii, g BE{ : -i iiii iii :i -i-i ~ii-i -iiiiii-i t, -i ~i-iii ii:i:ii ii iii ti iii t, iiii ii iii iti iii t (j3/1655//bks-ak) ~ii iii-ii iti ~iiiii ii iti iii iiiiii, -ii it iii ii`i, it i`ii -i ii iii iii iti :iiii ~ii iiiii iitii ii ii iit iti i`-iiii, ii` iit i`-iiii ii ;iii -itii i`-iiii i`i iii ;iiiii`-ii -iii ti iii ti iiiii i`-i i`iiii -i :i :i i:ii~ii iii -i :c:s i`iii-ii iiii -iii -ii ii:i:ii -i i`i:i i`i:-i i iii ti t iti iiii:i .ii`iii ii i iiii ii ii i iii ti t, ii -ii:i iii :ii;i`ii ti tiii ~ii i :ii;i`ii -i iii-ii iii iii iti t iiii iiii:i .ii`iii iii i`iii -ii:i i :i ii -ii:ii;i`ii tiii, it ii tiii -iiii t, i ii:iii:i i`iii-ii iii-ii -i i iii i i`i iii iii iti t ~ii ~ii ii ii iiii ii :i -i iii ii-i:i ii ~iiii -i -iii iitii t i`i :i -i iii ii ~iiii ~ii i i`ii ii -i ti t, i iiiiii i-i i i t iti :iii~ii iii ti t, iti :i ii ii iit iti t, iti i`.ii -i iit iti t ~ii i iii iii-ii -i iii :ii-iii iiii ii i ~i-ii i`.iii -i iti ii, -i ~ii-i:i -iii iitii t ...(iiiii, i iii ~i-ii ti iii :i ii; ii, tii:ii -iii :i ii; ii it i ii it:i ti ti t :ii-ii ii ;iii :i-iii iii t, t ii i`t:iii ii ii:ii`iiii ii -iii t t -iii t i`i iiii i`iiii t, t -iii t i`i ii; ~ii-ii -ii:ii;i`ii -i iii-ii -i ii; iii iii i i`i iti iiiii i`-i iii-ii :i iii ii ii? Comment [ r19] : Cd by j3 Comment [ B20] : (Sh.Kapil Sibal cd.) 04.12.2012 Uncorrected / Not for Publication
386 iti iiiii :ii i`ii`iii iii, iti ii:i ii iii, ii ~iii i i`i i`-ii`i iii:i itiii t ii ii iiii iii`ii iii iii t, ii -iii ~i-iiii :i ii iii t iiii`i iii :iii ii iii :ii i`-ii`iii t :i -iii ii i i t t ~ii ~ii-ii iti i`iii -iii ~ii ti t, iii -ii i`t:iii -i ~ii t t, iii~ii ii iiii i`-ii ti t, i`i:iiii ii -iiii ti ti t, -iiiiii~ii ii ~ii iii i`-ii ti t ii ~ii-iii i`iii iii t, -i -iii iitii t i`i i`iii i`i:ii`i t? ;:iii`i ~ii-i -ii ;- i t t, iiii`i ~iii ~ii-iii iiii-i ti ti t ...(iiiii, +vF cn : ~ii-i :i -ii ii`i, ~ii-i :ii iii i t t, i-iii i ii;i iii i`:it ii, ~ii-i i ii;i ~ii-i i ii i t t ;iii iiiii iii i t t t :i-ii, i`ii i i`-ii ii i i`iii ~ii-i iii ii t t, iii ii t t, i-iii iii i`ti, iii iii :ii ii i`i g BE{ : -ii i-i ii .iii-i ii :i-ii -i iti ~iiii t, it i`i:ii`i i`iii i t t ;iii -ii~ii; -iii iii ~ii;i`iiiiii t ;iii ii ~ii;i`iiiiii ;--ii t, i`-i ~ii-i i`i:ii`i i`iii i t t iti ii ~ii-iii :iiii t, -ii -iii-i iti t i`i ~ii-i iii i`iii i t ti ~ii-i ii -ii ii -iii t ~ii ii--ii`ii ~ii iii t ii -i ii--ii`ii tiii ii :ii-ii ii ~ii-i ~iii iiiii i` -i ~ii-i i`i:ii`i i`ii i iii t iii -i -ii~ii; :ii .ii`iii, :i -i -ii~ii; :ii .ii`iii, i`iii -i -ii~ii; :ii .ii`iii ~ii ii it it ti ii i`i ii .iiiii-i tiii t, iiii c .ii`iii :ii -iii :i tiii t ~ii -i ~ii-i:i -iii iitii t i`i ~ii ~ii;i`iii -iiii iiiiii ii iii iii iiii :i ;--ii iii? iii -ii iiii ii, :ii-ii ii it ti ii i`i ii:i .ii`iii ii -i:i-i; :i ~iiiii ~ii zs .ii`iii ;--ii tiii ii`ii iti :i ;--ii tiii, ~ii ;--ii tiii ii ii ti iti :iii -ii~ii; ;i i`i ii -iiii ti it t i`i ii -ii~ii; ;i i`i iti ~iiiii, :iii :iii:ii i`t:iii :i tiii :i:i i`t:iii i :i-i; :ii ii -iiii tiii ~ii iiii :ii:i ii ii -iiii tiii...(iiiii, +vF cn : ~ii-i i ii;i, iii i ti ii i-iis ii, ~ii-i ii`i (iiiii,