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Ram: Your question is right. And here is the answer: India has the technology, India has the expertise, India has the money buy state of the art equipment from USA and do it. In fact India has everything. Still India cannot do it. And what it wants to do? No it does not wants to explore new oilfields. In its own words: "The prime objective of the project is to reverse the trend of declining oil production from the ageing fields of Assam," said Oil and Natural Gas Corporation onshore director A.K. Hazarika. It is a shame that India cannot do it on its own. The thing is what India lacks, unlike China, the Capitalist culture to take a project and execute it efficiently to its completion efficiently. In my opinion India is bogged down on its own weight of bureaucracy, vigilence, bundh, minority rights and anti-corruption culture. India is totally confused which one is more important: the project to increase oil production or to suspect and try to catch each and every profit making honest businessman as criminal and anti social element. As a results almost all projects in India are coming to a stand still. It has not alternative, but to hire foreign companies and spend double or triple the amount to the job who will in turn have to hire Indian engineers at a higher salary. You will ask the question, if that is so how India is making progress. I would say that is a miracle of the 'functioning anarchy' and that is one reason why China is going ahead of India. Hope it is clear. Barua ----- Original Message -----
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