I'll be.......
Oh hi JPR:
Sorry for the delay with the response I got busy over at the Dell thread,so where have you been.Yeah you are right looks like thin is in and fat is out. Now here is an interesting article I ran in to in case you haven't seen it. I did read it,will later though.
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Global Indians bring home anger, frustration, deep emotions and promises of investment
Amberish K Diwanji in New Delhi
The floor was thrown open to non-resident Indians to "share their experiences" about investing in India at the Global Indian Entrepreneur Conference in New Delhi. It opened up the floodgates and saw an outpouring of anger, frustration and deep emotions from the NRIs, who desperately want to do something for their motherland, and find that instead of being welcomed, they have to go through reams of red tape and corrupt officials at all levels!
An NRI began his epic saga of how he and a few other NRIs were shortchanged by the Karnataka state government way back in the 1980s. "The Karnataka government under the then chief minister Ramakrishna Hegde (coincidentally, now Union minister for commerce) asked me to set up an independent power project. I collected fellow NRIs and Rs 1 billion in New Jersey, and then the Karnataka officials went to New York and gave the entire project to someone else!" he said, still incredulous after all these years. "Now what do I do with my money? How can the Indian government expect us to invest in the country in expensive power projects when there is no sense of accountability?"
However, there was a touch of good news too. Union Power Minister P R Kumaramangalam was scheduled to meet this distraught NRI. So maybe he will still get the chance to pay back his motherland. .......
rediff.com
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