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

To: Mohan Marette who wrote (1261)	6/2/1998 2:08:00 PM
From: gunther	Read Replies (4) \| Respond to of 12475

One best thing to increase the budget is to make the taxevaders pay taxes. Gunther.

To: Mohan Marette who wrote (1261)	6/3/1998 8:49:00 AM
From: Worswick	Read Replies (1) \| Respond to of 12475

When I returned to India to do investment banking deals in 1991 after the gulf war - the people who loved India I felt should stand up for her, there was no one else who appeared...just me - the import duties on capital equipment were 200%. Companies like Chauhan's soft drink company controlled 90% ofthe Indian market because of collusive and corrupt practices. Now with the new budget India has voted to rejoin the past. "Industry groups which had urged a 5-10 percentage-point rise in import tariffs were rewarded by a broad eight point rise, which makes Indian tariffs the highest in Asia. "This duty should not be viewed as a protectionist measure, but only as a response to a legitimate demand for a level playing field," Mr Sinha said. Tell me. How do you create export products with duties of up to 50% on capital equipment to produce those export products. All I hear on this thread is neo-fascist nationalistic blather about atomic tests. Everything I know about Hinduism leads me to believe that the BJP is leading Indians to the point under the new regime... that they will cease to worship Ganesh in their home altars and substitue Kali figures. It is a pity - for a combination of circumstances- that my generation of American Indianists was wiped out in America. We have no voice. What the BJP is cooking up is something that is deeply nasty and there should be words of warning issued. The people who will pay the final bill- like the people of Germany in the 1930's and 40's - will be the poor, deluded people of India... like you. Your famlies. Your children. This isn't good and each of you here has the voice and the money to effect opinion. You should reflect upon who you are and why you're here. The fascists amongst you like Sankar Acharya will use their positions in the academic world to bolster the BJP agenda further to the left right and towards ever more extreme positions ...they are somewhat akin to Leonid Trotsky (a former resident of New York city)who return And affect their countries with truly virulent nationalist agendas. Strange that the followrs of Ghandi are the at the forefront of humanism in India today. How very cruel and terrible. My best to those of you with any shreads of goodwill and humanism left,