One of the most absurd (it is not even imaginable) arguments against FDI is that just like Jahangir gave the British permission to set up a trading unit in India which apparently led (directly!) to the conquest of India, so also allowing Walmart to come to India to compete with existing Indian traders will mean […]
Category: Current Affairs
Google, please pull down the obnoxious film against Mohammed. At once!!
I was very disturbed when the US Ambassador to Libya was killed recently because of a movie made by some weird, unknown person. That was wrong. Very wrong. I am – and remain – a staunch advocate of freedom of speech and fully agree that the US government should NOT have the power to compel […]
The taxpayer will not subsidise. The consumer will pay only if happy. So what’s the problem with FDI?
It is truly depressing. I'm getting this strong urge to shut down my efforts and simply turn away from India. The stupid India government does ONE good thing in years, and there are MILLIONS of Indians crying "foul"! FDI is not even 100 per cent. Just 51 per cent. And yet there are people debating […]
India begins its next reform journey. Now for governance, training and regulatory reform.
I'm delighted to hear that FDI in retail, airlines and broadcast has been opened up by India. Very delayed, but never too late. Now it also the time for key governance reforms. a) Electoral reforms. Three simple reforms. b) Training reforms. Open up the VET sector (and partially subsidise) to foreign investment c) Regulation-making reforms: […]