On October 28, 2014 at 12:36:53 PM, jtd ([email protected]) wrote: On Monday 27 Oct 2014 14:47:06 jitendra wrote: > Every dollar of FDI that comes ties up ten dollars to go back . > Already $130 Billion of FII has come in the stock market and can slip away > any time. > It is said that this $130 billion has come over last 10 years during which > internal indian investment was only about $2.5 billion. > The hegemony that MNCs have is tied to the eagerness of the local powers to > give the rights over our resources in echange for some crumbs they enjoy. > .The scrupulousness shown in protecting the blackmoney holders by both the > past and present powerfuls is self eplanatory. > IPR regime is part of the same game.
Could not agree more. It is either crumbs from Indian companies or crumbs from foreign ones. No sign of straightening out the maze of opaque regulations that are conveniently side stepped while awarding cronies plum resources. I think we might just be scratching the surface here. The real trouble is the coterie around the Prime Minister, one of whom is Arvind Subramanian - currently the Chief Economic Adviser to GoI. While I don’t have substantial knowledge of his current standing; but if the past is anything to go by he certainly presents a CLEAR AND PRESENT DANGER. He was the guy who instigated the US to file several WTO complaints against India. More here: http://timesofindia.indiatimes.com/india/Modis-chief-economic-adviser-Arvind-Subramanian-had-opposed-India-on-IPR-till-recently/articleshow/44929094.cms It is time we got something done. And soon. Thanks, Amol Hatwar
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