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Q.

FDI is a vast comcept ..we need a maningful debate on it.?Indian Govt shoud keep in mind all factors.

Tags: money, fdi, govt
Asked by jaideep vaishnav, 06 Dec '11 12:16 pm
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Answers (2)

1.

Middle East and Europe are just willful comparison without any sense. India on the other hand neither a developed and globally competitive country nor a Middle east like importer. 60+ yrs old free country has to take every step carefully. There is no fast forward. Whenever these two (MMS + Ahluwalia ) came together we have contributed to the western interest out of the way (apparently) for our interest but alas poverty level has refused to change. NREGA is vote gathering dole without any sustainable gain to the poor, inflation, interest rate, has gone up and industrial growth has gone down. We have no reason to believe that they want to come here to help our farmer and consumer. Have we not seen welfare schemes by Christian Missionaries in health and education? Except change in religious demography, very little effect it has for mass. So our national think tank should guide the politicians in right direction and till such time nation can manage the way it is running.
Answered by Subhas Mitra, 06 Dec '11 12:42 pm

 
  
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2.

Fdi is a very very simple concept and it is quite easy to understand it. But if people, for political gains, donot want to understand it, there isnothing that can be done about it. i will give u only one example Carrefour has more than 20 branches in Dubai. are the Dubai rulers fools that they have allowed a multinational like Carrefour in Dubai. there are many more such examples/ Even United Kingdom has allowed Italian and French and German business men to have their stand along showrooms in england ( i.e. 100 percent FDI ) there is nothing wrong with FDI at all. it is only the non experience of Indian and their narrow minded ness that this situation is being compared to East India company days
Answered by iqbal seth, 06 Dec '11 12:22 pm

 
  
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