Tuesday, June 06, 2006

economist on indian business

jun 6

alas, mostly premium content, and i haven't read it all yet, but simon long seems almost benign in the first couple of articles.

btw, apple just announced, bizarrely, that it is closing its R&D operation in india and moving it to a third country. say what?

http://www.economist.com/surveys/displaystory.cfm?story_id=6969740

4 comments:

kautilya said...

NDA left a legacy of
1] Booming economy
2] High Infrastructure development
3] Growing Confidence amongst investors
4] Reduction in %age of BPL population
5] A concept of governance

What would UPA leave us with?

1] India sans Siachen and may be even Kashmir
2] A muslim majority Assam
3] Unarrested Decay of IITs/IIMs et al
4] 5-10% reservations for Muslims
5] A nation deeply divided and wounded.
6] A nation headed by criminals and goons taking direct orders either from ISI or Beijing.[How close are we today from Mohd. Shahbuddin becoming minister or Abu Salem fighting elections]
7] Vaticanisation of India

By end of this regime [if at all it ends] ... 1] Kashimiri terrorists will be called Freedom fighters.
2] Sonia after another of her sacrifice drama will be officially ordained with Bharat Ratna and will attain Sainthood.
3]Beijing will have a more direct role in day to day affairs of the nation


What Mughals and Britishers couldn't do in centuries, Congress has achieved in decades. Total devastation of Hindu Civilisation.

Queasy Rider said...

Rajeev, I bought the issue last night and was wondering why you hadn't written about it yet :)

There is very little by the way of new insights, but the survey does make the right points for the most part. It concludes on a note of more than cautious optimism, but with all the right caveats about the economic/policy direction under the UPA dispensation, including the reservation issue. Good read.
- Nanda Kishore

Queasy Rider said...

Reforms have completely stalled, and all kinds of hoax schemes have been put in place. It will fill the Congress/bureacrat coffers nicely, so that there is enough in the war chest for the next elections. Meanwhile, the economy can go to hell. If it wasn't for extraneous factors and the resilience and competitveness of industries, things could have been heading in a worser direction.

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