At 8:33 PM -0800 2/1/06, Rajib Das wrote:
This one actually takes the cake in "spin".
Here are 3 glaring flaws:
1. ">> hard > earned money up in a business in Assam (
or anywhere else in India), where there"
Since hundreds of billions of dollars are flowing in -
into businesses in India - and yes, hard earned money
too, it is ludicrous to mention that investments in
India is unattractive. Even a cursory glance at
newspapers from everywhere and perusal of statistics
will demonstrate the truth.
I state this with more credibility than those that
JUST talk about their knowledge doing business since I
have indeed invested money in India (very hard earned
too) and seen returns coming.
That India is way more attractive in terms of
investment potential than the great state of Louisiana
- even George W Bush will say, I reckon. That is
indeed why more money flows into India than most other
countries in the world. It is pretty elementary
actually.
Assam - now that is a different matter!!
**** An IIM garaduate, but clueless about the difference
between INVESTING by buying a few shares in a mega mutual fund
-- and the risks associated with it , and INVESTING by staking one's
nest egg on a venture in India.
To put it very mildly "Olpo bidya bhoyonkori"--a little
knowledge is a dangerous thing is what comes to mind. Far less
flattering characterizations are possible.
**** Obviously the last round of such INVESTMENTS -- gambling
with other people's money really -- in India of less than a decade
ago, when many in India lost their shirts, some their life-savings, in
an euphoria fueled by these mega-mutual funds. Many NRAs did too. But
it was a fraction of their stash. Were they hurt? Maybe, for a week
perhaps. But go ask those in India what happened to some of them.
But again--animals of two different stripes! Nuances missing in
the rush to go rah-rah, driven by that need to be seen as a nation of
somebodies as opposed to the perennial losers!
2. >is no rule of law, where a contractual
obligation cannot be enforced ( unless you have some
SULFA enforcers in your > pay-roll), if
>
Yes, we do not attract investments in Assam at all.
Amazingly on this one, SULFA was mentioned but not
ULFA or NDFB or the host of other ones.
*** That is a complicated issue, not for the feeble of mind! It
is called PRIVATE JUSTICE where the public takes thirty plus years
just to get heard. Obviously that is hard to comprehend. But it is so
only for the arm-chair
investing cheer-leaders.
ULFA and NDFB are NOT available for rendering such private
'law-enforcement' duties is what that means.
And why not
AASU as well. And those other smaller liberation
armies in pockets. SULFA came into existence because
there is ULFA in the first place.
*** And then the top bribery experts of the world, GoI, moved in,
to create
crooks ,cheats, extortionists and predators on a defenseless
public. Not just in creating SULFA goons. But look at the walking
-encyclopedia-- the IAS cadres, the democratically elected
representatives of the people ,the ministers and governors , of
the 'largest democracy in the world'. Same expert mentors, turning
some of the country's best into corrupt extortionists.
The primary
contributors to the lack of rule of law are the
militant groups such as ULFA. And the state
government's inability in 15 long years to bring any
change.
However certain other states seem to doing pretty
well. Maybe we can take a lesson from there.
*** Heh-heh! Likely story. Yet another attempt to revise
history!
Absence of a rule of law had a lot to do with the rise of ULFA to
begin with. In fact ULFA's dramatic rise was the expectation and
euphoria among the public that there will, for a change, be some
semblance of JUSTICE for the people. But then GoI moved in with
its military. ULFA was on the run. The crooks and cheats given a free
ticket to do its work on the people again in desi-demokratic
FREEDOMs.
3. Now the Permit Raj thing is humbug really in
certain states. This permit raj is a feature in every
country and state in relative terms. Louisiana perhaps
is baring everything to attract investment while
California increases red tape in certain sectors
because they do not want those businesses.
**** Oh, now it is justifiable because California or Lo=uisiana
has it too!
Very persuasive and intellectual an argument!
Since certain Indian states are attracting enough
investments it stands to reason that the investors
would be seeing an easing of license permit raj, the
streamlining of official work (such as single window
clearances) etc. Afterall, people are indeed investing
their hard earned money.
*** Yes they are. But it is NOT the kind of investing we were
debating. There are different KINDS of investing. Obviously they were
not taught at IIM.
Now Assam may not have done it yet. And Gujarat, it
has. Karnataka, Tamil Nadu, even Bengal - they all
seem to have done so.
*** And Hongkong, Singapore, the USA had it for ages.
CIRCUMSTANCES! Circumstances controlled by OTHERS! Colonialism.
Corrupt and incompetent governance ! They all have their
impacts.
So should we blame local government (and their
preoccupation with local militancy)
*** And WHY shouldn't they be, even though they are merely
proxies and created in the image of, without any accountability
----
or put it up to
the conspirators in Hastinapur?
**** --- just like their manipulators and masters sitting at
Hastinapur?
cm
--- Chan Mahanta <[EMAIL PROTECTED]> wrote:
> Ram:
>
>
> > >And, if I could add, why don't those who are
> demanding an
> >independence for Assam DO that too?
>
>
> *** For the same non-existent connection of one with
> the other.
>
>Allow me to explain:
>
>Starting and industry or some business or other is
> not a charitable
>enterprise. Having been in a business, albeit
> small, for the last
>19 years, I can say with more credibility than
> those who have always
>had the luxury ( or misfortune) of being a wage
> earner, that one does
>not go about starting a business unless there is
> a potential for
> making more money than they are doing
> already.
>
>I am a supporter of Assam's sovereignty
> aspirations. But would it
>make any imaginable sense for me to go put my hard
> earned money up
>in a business in Assam ( or anywhere else in
> India), where there
>is no rule of law, where a contractual obligation
> cannot be enforced
>( unless you have some SULFA enforcers in your
> pay-roll), if
>someone does not pay you in accordance with the
> executed contract
>-- it is TOUGH s--t; where to get the myriads of
> permits ( don't
>you even think of telling me that the PERMIT-RAJ
> is history--it
>is history only in the idle minds of wage earner
> NRIs) you have
>to get ready to bribe umpteen Babus, clerks and
> peons; unless I
>have so much stashed away that if I lose a few
> millions, I won't
>have to go the poor-house.
>
>So these arguments are made and supported ONLY by
> people who have
>NO clue as to what it takes to start an enterprise,
> particularly
>in India/Assam.
>
>But a I said earlier, if someone actually in a
> money-making business
>can tell me that my risks would be no more than I
> take here in the USA
>or my returns would be at least at par with what I
> can expect here,
>why should I even think about getting into a
> business in Assam?
>After all I am a businessman, ain't I?
>
>Catch my drift ?
>
>
> >C'da, frankly we are all responsible (in some way
> or the other) fo
>
>
> *** Speak for yourself Ram :-)!
>
> c-da
>
>
>
>
>
> At 5:30 PM -0600 2/1/06, Ram Sarangapani wrote:
> > >> I dont think it is justified to comment
> (trivially) about the
> >ULFA and its activities by us people who stay
> outside >Assam.
> >
> > >*** This is an absurd comment. WHY on earth
> should it be
> >'unjustifiable' for people who live outside Assam ?
> And why should
> >those who live in the UK or the USA be so
> discriminated specifically?
> >
> >
> >I agree. And would like to add this: Why do people
> talk trivially
> >about the ULFA? I
> >s it because the NRAs have no business doing so or
> is it because
> >many of the ULFA activities do attract such
> comments from onlookers?
> >
> > >*** Where does this obligation come from? WHY
> don't the people who
> >are demanding this from others do that >themselves
> for example? WHY
> >don't the OTHER people of Assam DO that? Or WHY
> don't the INDIANs
> >who OWN Assam >( or act like owning Assam) and
> exploit it do that?
> >WHY don't those WHO JUSTIFY Assam remaining an
> Indian colony >sdon't
> >do that?
> >
> >And, if I could add, why don't those who are
> demanding an
> >independence for Assam DO that too?
> >
> >C'da, frankly we are all responsible (in some way
> or the other) for
> >" focus their energy to set up industries or other
> job and revenue
> >generating enterprises in Assam"
> >
> >--Ram
> >
> >
> >On 2/1/06, Chan Mahanta
> ><<mailto:[EMAIL PROTECTED]>[EMAIL PROTECTED]>
> wrote:
> >
> >At 3:38 PM -0600 2/1/06, Rajen Barua wrote:
> >
> >> > I dont think it is justified to comment
> (trivially) about the
> >>ULFA and its activities by us people who stay
> outside Assam. The
> >>'elite' Assamese staying mostly in the >USA, UK
> etc. should instead
> >>focus their energy to set up industries or other
> job and revenue
> >>generating enterprises in Assam.
> >>
> >
> >I fully agree with your view.
> >
> >
> >
> >
> >*** The agreement here is an agreement with
> something that means nothing.
> >
> >
> >
> >
> >Why you would surely ask. This is why:
> >
> >
> > > I dont think it is justified to comment
> (trivially) about the
> >ULFA and its activities by us people who stay
> outside >Assam.
> >
> >
> >*** This is an absurd comment. WHY on earth should
> it be
> >'unjustifiable' for people who live outside Assam ?
> And why should
> >those who live in the UK or the USA be so
> discriminated specifically?
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >> > should instead focus their energy to set up
> industries or other
> >>job and revenue generating enterprises in Assam.
> >>
> >
> >
> >
> >
> >*** Where does this obligation come from? WHY don't
> the people who
> >are demanding this from others do that themselves
> for example? WHY
> >don't the OTHER people of Assam DO that? Or WHY
> don't the INDIANs
> >who OWN Assam ( or act like owning Assam) and
> exploit it do that?
> >WHY don't those WHO JUSTIFY Assam remaining an
> Indian colony sdon't
> >do that?
> >
> >
>
=== message truncated ===>
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