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Q.

Why the government is keen of FDI ,not on bringing back black money stashed abroad by Indians ? Which one is preferable to the economy ?

Tags: money, indians, fdi
Asked by venkatesaldevarajan, 15 Dec '11 06:18 am
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Answers (8)

 
1.

There is no doubt that the FDI in retail will definitely break the backbone of our economy and our economic growth and development will take a U turn.The developed countries were surprised when the Indian economy stood and fare well when they were facing economic crisis,now they have a plan to spoil our economic system for which our political leaders are supporting.Getting back the black money back will definitely help our economic progress to catch up speed but again it seems there is no political will to bring it back to country.
Answered by Ramakrishnegowda, 15 Dec '11 06:40 am

 
  
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2.

Bringing back black money delayed by Government.

Implementing FDI delayed by Public opposition.

Both are hot topics of the day to divert the mind of public from rising prices .
Answered by anantharaman, 15 Dec '11 08:08 am

 
  
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3.

Why not the civil society like Anna's expose the black sheep generating black money and stashing them abroad,
Answered by GAUTAM MOOKERJEE, 15 Dec '11 07:08 am

 
  
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4.

The government IS keen to bring back the money deposited inb foreign banks BUT the question is how can they do it, under which laws. indian laws are not applicable in anyother country even if the govt can proove that this money deposited there is earned illegally, again the POINT is how do they get it back. i have asked this so many times before also but not a single member has given any ruling under which this money can be forcibly taken over by govt of india.
re FDI it is a misconception that 100 percent fdi is not useful for india, so far have not read a single SOLID arguement against 100 percent FDI in India.
for example a company called IKEA wants to open a few retails stores in India. they have stores in london,singapore,all major cities in australia and usa. The company is from sweden. do people think that the governments of australia,uk,usa,singapore etc are foolish to have allowed this company to open their stores in their countries. all these stores are fully owned by IK ...more
Answered by iqbal seth, 15 Dec '11 06:48 am

 
  
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5.

The decisions of bringing FDI and regarding black money abroad is because of malafide intensions of powerful politicians of India, may they be from any party.
Answered by Tushar Kher, 15 Dec '11 06:42 am

 
  
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6.

Country has fallen to forein MAFIA trap who get their aim achieved even on any cost ,that was how shamelesslt Quattrochi issue deliberated,
So long she is in coveted rule,the trap can't be un-wrapped.More and more prone to slavery through her puppets.
Answered by vishwabandhubajpai, 15 Dec '11 06:27 am

 
  
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7.

These Theives have got huge Kick-Backs from foreign Multinationals to implement FDI. They have to do what their foreign masters demand from them
Answered by Crane Bhedi, 15 Dec '11 06:22 am

 
  
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8.

We will never see Black money coming back. FDI is only for Politicians who are shrewd and the FDI will be only for their states.
Answered by Mogumbo, 15 Dec '11 06:20 am

 
  
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