The Indian WalMart

The Indian Walmart, PDS(as we call it) is really doing a good job in guzzling the indian Tax payers money. The only similarity it HAD with the Walmart WAS the price of the products. But the price reduction at Walmart is due to increase in their efficiency and the price reduction at our Indian counterpart is due to increase in the subsidy.

Walmart has its own supply chain right from the farm, if not it goes for the best of the best products in the international market while the Indian Walmart is very much dependent on its sole supplier FCI ( an other guzzler ) which stocks its products atleast for a year before delivering it to the market.

In PDS, the diversions and leakages alone account for 36% & 20 % respectively. The only good job its doing is diverting the well to do people out of its customer list. With more private players coming into retail chain, its time for PDS and FCI to re-invent themselves.

If the inefficiencies can be plugged, PDS could prove to be a role model for the world (atleast the African countries) to follow. Its pitty none of the IIM graduates take up challenging jobs like this.