I expected that question. Rajib Das is investing his
money in a house in India as also a business in Assam
if that helps. Amongst my circle, many are going back
at a moment that suits them and some probably are not.
Universally however, everyone's money is going there
even if for some it is through Fidelity's India Fund.
So yes, we all are putting our money where our mouth
is. I have belief my money will do well there. Would I
leave Northern California for good, never to return?
Never. The weather is way too good here.  

Actually the counter question does answer your
question - if there is enough money from all around
the world flowing into a place, it means something
good is happening there. I guess folks have figured
that Azim Premji, the Sona Steering folks, the textile
guys of Coimbatore, the IIT coaching classes of Kota
have done pretty well staying in India so they want to
put their money behind them. Not to mention millions
of 21 year olds that are gainfully employed in the BPO
sector and buying all those American brands. Also did
I mention the gardner (or was it the chai boy) of
Narayan Murthy is also doing pretty well - he is a
dollar millionaire. Incidentally some international
statistics mention close to 300 million people have
entered the middle class. So many people in India are
doing good, I think.





--- Chan Mahanta <[EMAIL PROTECTED]> wrote:

> That doesn't answer my question though.
> 
> And raises yet another question: What is Rajib Das
> doing in the USA, 
> he who knows and sees how India is the place to be
> in?
> 
> 
> 
> 
> 
> 
> 
> 
> At 3:14 PM -0700 9/22/05, Rajib Das wrote:
> >I mull over it and wonder if only the folks who
> leave
> >India are doing well, why in the world would people
> >and companies around the world pump in more than a
> 100
> >billion dollars into India? Are they idiots or
> what?
> >
> >Ask a Louisiana investor (non-Indian) where he
> would
> >put in his dollar of investment - India or
> Louisiana?
> >Guess what his answers would be?
> >
> >
> >
> >
> >>  Question is if you and others have taken a
> moment to
> >>  mull why these
> >>  desis have to leave India to do well, if Indian
> rule
> >>  has been so good
> >>  for the country, that so many of you cannot seem
> to
> >>  imagine living
> >>  under anything else?
> >>
> >>  Think about it. We will deliberate on it some
> more
> >>  later.
> >>
> >>  cm
> >>
> >>
> >>
> >>
> >>  At 9:06 AM -0700 9/22/05, mayur bora wrote:
> >>  >Hi Mrinal
> >>  >
> >>  >Thanks for your interesting observation. It may
> be
> >>  >more applicable to those people who are outside
> >>  India
> >>  >than to someone like me who was in Assam till
> the
> >>  >other day. But your view that they start
> feeling
> >>  about
> >>  >the state only after leaving Assam is not
> entirely
> >>  >true. Because you don't know what they probably
> did
> >>  >while they were in Assam. Moreover should there
> be
> >>  any
> >>  >distinction between someone living in Assam ot
> >>  outside
> >>  >it in respect of their willingness to do
> something
> >>  for
> >>  >the state in a meaningful but humble way ? I
> leave
> >>  >this point for a wider debate among the
> netters.
> >>  >
> >>  >I believe where there is a will, there is a
> way.
> >>  You
> >>  >know the contribution of many NRIs (mainly
> >>  Punjabis)
> >>  >to their state. I know Mahanata Da will get a
> point
> >>  to
> >>  >pull my leg on this issue. But I enjoy his
> opinion.
> >>  >You may not agree with some of his
> observations;
> >>  but
> >>  >once you separate the chaff from the wheat, it
> >>  gives
> >>  >you delicious food for thought. I think
> everyone
> >>  >irrespective of their place of present location
> can
> >>  >contribute to the welfare of a particular group
> of
> >>  >people if they wish.
> >>  >
> >>  >Supporting plebiscite as a provision in a
> democracy
> >>  to
> >>  >be exercised in times of genuine need is not
> same
> >>  as
> >>  >supporting self rule. I am clear in my opinion
> that
> >>  >our state will not be better off with self
> rule.
> >>  But I
> >>  >don't want this view to be inviolable in a true
> >>  >democracy. What is the harm in taking people's
> >>  opinion
> >>  >? Call me arrogant or anything you like; but I
> am
> >>  sure
> >>  >about the verdict also. It will be a resounding
> NO.
> >>  >But let the provision be present in the system.
> Of
> >>  >course, there will be many arguments against it
> due
> >>  to
> >>  >its inherent potential to create trouble for
> the
> >>  >central govt by encouraging forces of
> >>  disintegration
> >>  >in different parts of the country. The need for
> >>  >judicious use of this provision would also
> entail a
> >>  >great deal of controversy among people.
> >>  >
> >>  >I am also in favour of raising other relevant
> >>  issues
> >>  >along with the main issue in case of Assam. We
> have
> >>  to
> >>  >address the entire gamut of issues associated
> with
> >>  the
> >>  >main demand of the ultras to come to a
> realistic
> >>  and
> >>  >workable solution. Precisely due to this, I
> told
> >>  >Mahanta da not to become very excited and
> ecstatic
> >>  >over the very mention of the word plebiscite.
> But
> >>  as
> >>  >ill luck would have it, he got carried away by
> my
> >>  poor
> >>  >command over the language and inability to
> >>  comprehend
> >>  >the nuances of a foreign language leaving the
> main
> >>  >issue unattended. Of course, he has promised to
> get
> >>  >back to us in next week. We are eagerly waiting
> for
> >>  >it.
> >>  >
> >>  >Bye for now.
> >>  >
> >>  >Mayur
> >>  >Chandigarh
> >>  >
> >>  >--- [EMAIL PROTECTED] wrote:
> >>  >
> >>  >>  cannot speak on behalf of my colleagues
> living
> >>  >>  either in the States  or in
> >>  >>  UK.
> >>  >>  Individuals naturally  differ in their
> views. I
> >  > can
> >>  >>  only reply to your
> >>  >>  missile in an individual  capacity.
> >>  >>  First of all, people  in general do not live
> in
> >>  >>  air-conditioned houses either
> >>  >>  in USA or UK. They do  have some kind of
> >>  electrical
> >>  >>  or gas heating when
> >>  >>  needed. They do occasionally  eat a
> hamburger or
> >>  KFC
> >>  >  > which, as a matter of fact, I
> >>  >>  believe many  people in India are too
> beginning
> >>  to
> >>  >>  indulge in, especially in
> >>  >>  the big cities..
> >>  >>  Not everybody living  in USA or UK is trying
> to
> 
=== message truncated ===



                
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