ARE RELIANCE JIO DAMAGING THE INDIAN ECONOMY?

in mgsc •  7 years ago  (edited)

ALLEGATIONS

There is an allegations on reliance Jio that they are importing their 4G Feature phone from China from another route of Indonesia to enjoy 0% custom duty

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FULL STORY IS

Reliance move to fully assembled devices from China traveling through the countries from which India has free trade pact. This will harm the government make in India programme.

India for fully built mobile phone shipped from other countries like China, south Korea etc for this government impose 20% basic custom duty. This act of Reliance Jio will harm the revenue of our country.

The upgraded Jio phone 2 priced at ₹2999, which is available from August 15. Earlier Ambani announced that they will sold there 4G feature phone for ₹501 in exchange for any feature phone from July 21.

Reliance spokes person said they manufacturers Jio phone 2 in India also. They will offer feature phone much lower as compared to other business ventures like Carbonn, Lava, Jiui mobiles and many other local brands.

This may huge impact on other indian brands, due to uncompetitive and unviable overnight they will shut down there manufacturing and sale operations

Why Reliance Jio doing this?
How much impact will happen on our economy?
Are the Reliance Jio doing right?
What are your thoughts?
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Thank you

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Thanks

It is not because of Brother Relince that we are using the Internet today because the rates have reduced considerably. First, how high the rate was. Today, you understand what we are using Estimate, the reason for Reliance Is from.

You’re using Internet which cost 10000 rs previously which is now cheaper.
The other telecom cheated you and you did not realise. If they could reduce the price now when jio came in. Why couldn’t they do it earlier?
The telecom sector is getting better brother.

Hi @manishmike10 Actually my friend Reliance industries is very huge company. They can handle some up-down in market. But other local companies are not big as Reliance they will not survive this and if only one company will remain in India who controls all market this will become monopoly. In starting they are offering products at low prices to remove competition after completion removed they will increase there product price, then there will be no other company remain can who controls them. Then you will understand why it is necessary to have competition in market . And importing from route of Indonesia to avoid custom duty will harm our countries revenue. Think for on our country not for your personal benifits...

bhai jio ka speed thoda kam h

@rjkumar9861 Ha is pr Jio Kam kr rehi ha,