Is it the way ? If as a sovereign nation we would approach other nations, to come, invest in my nation, develop entrepreneurships, develop manufacturing hubs and then export from here to other nations of the globe. Whatmore, for investments we are assuring them good returns on investments by creating hassle free ambience like lenient labour laws, no protection to the domestic industries, to disinvest Public Sector units that once created with golden missions to feed Indias exchequer so that inturn it caters welfare to the vast needy populace, by withdrawing all regulatory powers of the regulatory authorities and so on. Already regulatory powers of National Pharmaceuticals Pricing Authorities have been taken away on fixing slabs of pricing medicines. I think, on the contrary, the directions should be to embolden domestic market by creating able buyers through land reforms, provision of minimum wages to the industrial organized and unorganized workers and so on. Asian Game is going on. Watch the medal list, the Country China, that gives stress on domestic market development is with the highest numbers and our position is hovering amongst the lowest. So think and form opinion.
Posted on: Sat, 27 Sep 2014 07:31:33 +0000
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