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Strategies & Market Trends : Asia Forum

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To: Mohan Marette who wrote (1495)	1/24/1998 3:08:00 PM
From: k.ramesh	Read Replies (4) of 9980

Is it Jude Wanniski or something? I have been following a your posts on India.Re:Thomas mentioned the caste system and 'Others relegated to begging' etc. What century are you guys living in. Articles in rediff.com, or elsewhere are catering to a certain kind of audience that expects this kind of stuff, India Yoga - exotic place- pink palaces princesses etc. Back in the real world where the 900 mill live I think enormous progress has been made,A good middle class job requires a good education and educational opportunity is pretty wide open in India and costs nothing. Further there are no restrictions on mobility which takes some of the edge off political corruption that diverts money to certain regions. People go on and on about wasted resources by the public sector and the government. Where did it all go - into the creation of a huge middle class despite leakages like brain drain. Finally Nehru's and Indira's dream of a self sufficient India might be within grasp because India now has the consumers for all that it can produce and does not have to resign itself to making stuff for Pier 1 imports and Toysrus and Nike.(like an old sienfeld episode - Not that there is anyhing wrong with that). Ramesh

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