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Strategies & Market Trends : India Coffee House
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To: Rational who wrote (480)5/13/1998 9:16:00 AM
From: Mohan Marette  Read Replies (1) of 12475
 
WOW-Talk about a ONE,TWO punch!!!!!!!

Sankar :

thanks for the news.I don't think it is fair to withhold loan facilities to India from the World Bank or IMF etc,as these loans are paid back and always on time. As for the aid thing I wish they keep dang aid,it is only worth couple of billion dollars at best and most of it is wasted anyway,I for one don't see the need for aid, it only foster to sustain a feeling of redemption on the part of the donor countries for their excesses and help them feel better about themselves,besides it is one way to develop a market so that they can sell their stuff to consumers at the end of the day.If anybody thinks this all done out of charity is sadly mistaken,these are strategic decision done under the guise of charity to nurture their own self-interest,be it political,economic or otherwise.
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