Squandermania

Why FDI is bad for us youngsters…

November 21, 2012 05:29 pm | Updated 07:42 pm IST

Foreign Direct Investment (FDI), the oft heard phrase in the news, is translated into the retail store in teen dictionaries. With all the retail stores coming indirectly through foreign direct investment, and FDI determining the nature of politics and world economy, let us ponder over some of the issues we as teenagers face in the advent of FDI in our daily lives…

Imagine you have been sent to a nearby shop to buy a small list of groceries. There are two stores — one is a small kiosk ( potti kadai to be precise) and a super market. Your choice would be the supermarket. You take a trolley and go straight to the cosmetics section, to the confectionary and then to the crisps section.

You ultimately forget what your mother wanted. When you get a call from your mother who is concerned by now, you finally come to your senses. Your money vanishes in the billing counter in a matter of seconds and you have got a debt of Rs. 100. You can’t have credits in a supermarket. As the man next to you at the counter stares at you, you keep the confectionary back.

Had you entered the kiosk you would have returned home quickly. All these retail stores generate an infectious disease that I call squandermania, and many of you many suffer from this era.

S. PRIYADHARSHINI, XII, S.R.D.F Vivekananda Vidyalaya

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.