The governments ordinance to acquire the land of 214 coal mines and its plans for e-auctioning the coal mines are steps in the right direction and must be welcomed by all. No doubt, the government has taken these measures in the wake of the recent SC verdict Coalgate verdict. Such urgent reforms are the need of the hour. Also, it is time to keep tabs on all the public schemes and the other projects so that better results are achieved.
P Senthil Saravana Durai
E-tail: Opportunity, not threat
This refers the column Dont fear e-tail (FE, October 21). There is no need for brick-and-mortar shops to fear e-retailing. The government should not intervene in the market place, where consumers are supposed to be the king. Discounts offered by e-commerce companies reminds one of the R20 sale of made in China products held at regular intervals by shops in various cities of India, which took people by storm. The same is the case with the annual exhibition held at Chennais Island Grounds, where one could buy three items for Rs 10. The media, it appears, has created hype about discounts offered by e-commerce companies. Going by the reports, there have been complaints about websites crashing and people not getting the discounted products. Are e-commerce companies not like another middlemen in the chain between the buyer and the manufacturer Are the prices not marked-up to lure gullible consumers, as is done by brick-and-mortar shops Do e-commerce companies have sufficient go-downs to store thousands of products Should not the consumers be given an opportunity to see the product physically, instead of just on computer screen When shopping malls arrived on the scene, the same fear was expressed that pop-and-mom shops will not be able to survive, but nothing of that sort happened. In this no holds barred battle between e-tailers and traditional retailers, the umpire should be the consumer.
Deendayal M Lulla, Mumbai
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