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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: gunther who wrote (1146)	5/30/1998 3:56:00 PM
From: Senor VS	Respond to of 12475

Hi Gunther I agree with you regarding the long term trade relations with US. In the short term, India has to get rid of the license raj and they should open up the Indian economy to the foriegn investments in more sectors. FYI, liberalization was in the BJP's manifesto in 1991 elections, PVN Rao and Manmohan Singh stole the ideas away, right under their nose. If US does not take advantage of this, EU or Japan or other countries will come to India. BJP has been against the licence Raj all the time, so you might see it soon being marginalized. This will allow more Indians to do business themselves and create the wealth in the nation. Just my 2 cents or 2 paisa.. Regards Ravi