India Coffee House Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : India Coffee House

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sea_biscuit who wrote (9167)	10/30/1999 3:44:00 AM
From: hmbsandman	of 12475

>> You still have hope that the incomes will grow in India. >> Aren't you too generous. >> > I am of the view that the ONLY way incomes can be made to > grow in India is by throwing open the ENTIRE economy to foreign companies, ignoring the shrill cries of the "swadeshi" crowd Actually the old guard is afraid of privatization, not necessarily the foreigners. Tommorrow the Insurance company employee unions go on strike, to protest the IRDA. Their grouse is not foreign investment and foreign control, because the new form of the bill limits foreign equity to 26%. Their problem is privatization, which means they'll actually have to work for a living like the rest of us. Read their statements on the website of the Times of India. BTW, I share your beliefs. I also believe that Indian companies, in a free-market environment, can compete quite effectively with any Western company... Regards, Sandeep Cariapa

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next