Fair enough.

With globalization, the free market has become a dominant force. It is considered as the most suitable and fair way of handling the competing interests. The reason given in support of free market is that it ensures free competition. The goods and services of different brands, industries compete with each other on the basis of merit. So the consumers have the freedom to choose on the grounds of cost, quality, utility etc. India has adopted this policy of free market since 1991 with the NEP (New Economic Policy), famously known as LPG reforms- liberalization, privatization, globalization.

But do we have really free and fair competition for everyone? The cursory observation tells us the flip story. We have fair competition for the products consumed by our upper and middle classes. But when it comes to the lower and poor classes, the competition is lacking. 

Just have a look at the advertisements on TV. Ads of deodorants, soaps, cosmetics, fridge, refrigerators, watches, cars are flooded there. We can find a number of brands and companies in these segment of middle-class-products. But where is the competition for chulhas used by poor sections in the slums? Do we have ads for cheap priced but quality garments? Can't we have branded PDS shops distributing ration to the poor?  Can we have branded but very affordable alternatives to ACs and refrigerators for lower classes?

Unfortunately for this section of society, what we have is sheer monopoly. The products are either smuggled or are of very poor quality without any quality control. We have quality norms for food in five-star restaurants. But what about street food? 

Profit or business is not a bad thing. In fact, it is necessary for unleashing real potential of an economy. But it must be fair. Let us not be prisoners of ideologies. This is not about capitalism or socilism. Rather principle of justice and fairness is what we should adhere to. We cannot survive on only middle-class-LPG. We need all-comprehensive-LPG. There should be competition in all the segments and quality norms for all the products utilised by every section of society.