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akashkhannabond007

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Did you even read the article?? read the article atleast before jumping to conclusion ....where does he say we should just cut defence budget ....he questions our huge spending on foreign tech instead of our own and about creating our own eco system of defence manufacturing

 

Indigenous defence establishments equate to lower spending. No middlemen, no customs and no negotiations. So Nemo is right on this count.

And i have always been saying that India has no doubt the best minds in the world but somehow we fail them to put use for our country and end up doing for more for Usa,england and all than our own mother land...We Indians are why USA is what it is today.....from IT to Defence to space to medical...what have we not given to this world...and where do we stand??.....now if a promising person who comes and is looking for that answer has my full attention .

 

If you have something as rigid as our bureaucracy who would want to work under them, the directors and presidents of such establishments are invariably people who are ignorant towards defence needs and with favoured ties. Also --

  • no government facilities geared towards this.
  • insufficient resource allocation and management, HAL is struggling with a turbo-prop design when rest are firmly in the jet-age.
  • no Indian private player was allowed in the fray, although that is changing now with offset-type ToT guidelines in place.
  • there is no mindset of manufacturing equipment for the defense fraternity.
  • lack of R & D facilities. And no they don't begin in a five year term, it needs constant nurturing, sadly the majority and the opposition are equally dubious in their role here.

Think I have listed enough points, what we need is private players to be brought in and let them have a free run under some Spartan guidelines (ethical laws).

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Indigenous defence establishments equate to lower spending. No middlemen, no customs and no negotiations. So Nemo is right on this count.

 

 

:lol: Looks like you have some telephatic powers...able to read exact thoughts also...nice...... :P

 

Anyways RnD is no joke in terms of money and planning and creating that eco-system needs a careful and well laid vision ....However if all this does bring budget expense down and in return help us to have world class defence ...which i have no doubt when it comes to intelligence of my fellow countrymen ...i will be proud and happy about it .

 

I cry over defence expense being cut because i want my country to match with china atleast and not fall behind which is happening each passing day ...otherwise its only sad to see and to know that billions of my countries money is going to israels and americans and russians...hence the cry over cost of Gorskhov which is not even delivered yet after spending so much on it...

 

If modi can really create that eco system where indians creating world class weapons and Indians using it ..it will be a big morale boost of every indian .. i am sure about it.

 

 

 

 

 

If you have something as rigid as our bureaucracy who would want to work under them, the directors and presidents of such establishments are invariably people who are ignorant towards defence needs and with favoured ties. Also --

  • no government facilities geared towards this.
  • insufficient resource allocation and management, HAL is struggling with a turbo-prop design when rest are firmly in the jet-age.
  • no Indian private player was allowed in the fray, although that is changing now with offset-type ToT guidelines in place.
  • there is no mindset of manufacturing equipment for the defense fraternity.
  • lack of R & D facilities. And no they don't begin in a five year term, it needs constant nurturing, sadly the majority and the opposition are equally dubious in their role here.

Think I have listed enough points, what we need is private players to be brought in and let them have a free run under some Spartan guidelines (ethical laws).

 

 

 

Good points....Also what we need is Make arrangements for our best minds to return and work here...and they will do so only when they good facilities here as well...

 

if only these people can really make it happen..we will be leaders in few decades on every front and ek din Isro ka rocket will lead mankind...world will tune o nto their TV watching a rocket With Indian Flag on It standing tall and aiming for the stars itself .

 

 

Nasa had once refused to share space knowhow with us .....when india was just starting its space programme.

 

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:lol: Looks like you have some telephatic powers...able to read exact thoughts also...nice.

 

 

22078791.jpg

 

Anyways RnD is no joke in terms of money and planning and creating that eco-system needs a careful and well laid vision ....However if all this does bring budget expense down and in return help us to have world class defence ...which i have no doubt when it comes to intelligence of my fellow countrymen ...i will be proud and happy about it .

 

And that means people especially government, opposition and the bureaucracy needs to stop squabbling on this. Sadly the Babu-dom likes to indulge in petty politics to fix the top-brass in their place. Then everyone starts playing Ring-a-ring-a Roses and getting stuff authorised is a mountain.

I cry over defence expense being cut because i want my country to match with china atleast and not fall behind which is happening each passing day ...otherwise its only sad to see and to know that billions of my countries money is going to israels and americans and russians...hence the cry over cost of Gorskhov which is not even delivered yet after spending so much on it...

 

If modi can really create that eco system where indians creating world class weapons and Indians using it ..it will be a big morale boost of every indian .. i am sure about it.

 

Now you are really muddling up the various factors, we are at par with China (in equipment even if imported), we have a deficiency of manpower (officers and OR's) and visionary realpolitik players.

 

Nothing that Modi has done as the Chief Minister makes me feel ambivalent towards his policies w.r.t. defence. So lets get that off the table. Also, as I have already said this is not a one man show, the process of nurturing such establishments is a long term investment and as long as the majority and opposition are busy playing Pass the buck, Kaun Banega Scammer, Rocking the House and Stab, Stab, Scam forget any meaningful progress.

Good points....Also what we need is Make arrangements for our best minds to return and work here...and they will do so only when they good facilities here as well...

 

I doubt people who have gone abroad will like to come back, to work in a sarkari nigam.

if only these people can really make it happen..we will be leaders in few decades on every front and ek din Isro ka rocket will lead mankind...world will tune o nto their TV watching a rocket With Indian Flag on It standing tall and aiming for the stars itself .

 

Nasa had once refused to share space knowhow with us .....when india was just starting its space programme.

 

Peeps already know ISRO, it is well regarded and respected for its work, we have launched Korean, Israeli, French and EU satellites. Also, ISRO is responsible for our nuclear programme being a success and not the Pokhran tests of 1974 / 1998.

 

Same can be said of Delhi Metro Rail Corporation and couple of PSU's where the right people have been at the top and not some stuck up IAS head with the right connections and political colourings.

 

NASA did not share information with us because till the late 90's we were regarded so

11.jpg

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dafuq ! how is it good for new artists ? do you really think people will pay to watch a nobody balance cats on his manboobs ? sh*t..! paid youtube is the beginning of the end of memes :(

 

infact, free videos is the single biggest reason why people have been recognised almost overnight. Laina (love her :wub:) aka the overly attached girlfriend and Gangnm style are clear examples. Yes psy might have been popular in korea but do you honestly believe he would have had such a mind boggling run across the globe if it werent for youtube ?

 

I hope this paid subscription fails. Nothing against youtube, it is pretty awesome and i owe a third of my time spend on internet since 07 to it. But seriously.. Bitch Please.

 

As long as it is only for (new) tv shows with full episodes, then it is ok. but if they begin to charge monies for 5 min clips of FRIENDS or Simpsons then they get no love from my side.

erm That's what it is for bro (I guess) :D

I had the same reaction as you in the start but youtube won't force paid channels, it's upto the channel creator's choice.

 

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China flexes muscle in Indian Ocean, Navy concerned

NEW DELHI: Increasing presence of the Chinese maritime forces in the Indian Ocean Region (IOR) and disciplinary issues in the force are expected to be discussed by the top Navy brass in their commanders' conference starting on Tuesday.

 

The Navy has been concerned over the increasing presence of Chinese navy's submarines and other warships in the IOR. In a recent report submitted to the defence ministry, the Integrated Defence Staff headquarters had informed the government quoting the data by American agencies that 22 encounters of Chinese submarines have taken place outside its territorial waters in the IOR.

 

China has also been successful in establishing its presence in ports around India including Chittagong in Bangladesh, Sittwe and Coco Island in Myanmar, Hambantota in Sri Lanka and Gwadar in Pakistan, which gives it capability to stay close to Indian waters from all sides in a move known as " string of pearls".

 

http://timesofindia.indiatimes.com/india/China-flexes-muscle-in-Indian-Ocean-Navy-concerned/articleshow/20032323.cms

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fearing China, India pulls out of war games with US, Japan

 

Concerned at how it would be perceived by Beijing, India last month suddenly withdrew from the planning of a naval exercise with the US and Japanese navies off the US Pacific island of Guam.

 

Instead, India will stick to geopolitically less sensitive separate naval manoeuvres with the US and Japan.

US and Japanese naval officials visited India last month to discuss coordination for the trilateral exercise.

The Indian defence ministry first indicated a preference for holding the exercise off the coast of the Japanese island of Okinawa.

Then it took the view that war games should be kept to the bilateral level for the time being in deference to Chinese sensibilities. The ministry then withdrew from the discussion altogether.

"Bizarrely, the US and Japan discussed a naval exercise on Indian soil that India was boycotting," said a US defence consultant.

Beijing claims multilateral naval exercises between India, the US and Japan are aimed at containing its influence and has publicly warned all the governments against joining such exercises.

Australia's withdrawal from the Quad after 2007 was a fallout of these protests.

The US and Japan had hoped to give the Malabar label to the Guam exercises, echoing the 2009 Malabar naval actions.

Tokyo saw this as paving the way to recreating the so-called "Quad" naval exercise of 2007 which saw five navies participate.

Australia last year indicated its interest in rejoining. Indian officials say that they are only interested in bilateral naval exercises and that Malabar should be confined to exercises with the US in the Indian Ocean.

This year's Malabar exercise, if held at all, will be a bare bones Indo-US affair in the Arabian Sea later in November. Officials say even this may not happen as both governments keep pushing the date back.

"The dates of Malabar are still to be finalised and depends on the commitments of the Fifth Fleet's engagement in the Gulf," said an Indian Navy official.

The Indian withdrawal from the trilateral exercise occurred before the Chinese border intrusion in eastern Ladakh.

 

http://www.hindustantimes.com/India-news/NewDelhi/Fearing-China-India-pulls-out-of-war-games/Article1-1059257.aspx

 

 

 

 

 

 

 

 

 

 

 

 

:lol:

 

arey salo log...border mein toh kuch kiya nahi...thousand mile durr exercise se bhi gand phata hai tum log ka china....bc ...

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All HAiL the man with a vision for this country !!!

 

http://www.thehindu.com/news/national/other-states/gujarat-govt-to-seek-ags-opinion-on-death-penalty/article4714065.ece

 

 

For how long can a jackal fool everyone wearing a dead Tiger skin !!

 

All these people can do is make LOFTY CLAIMS, but when it comes to action they are nowhere to be seen, anti-national forces are once again raising their head in Punjab, and the ruling party is turning a Blind eye to all, it is getting tense here again, and if the state is again pushed back to the 80's era the only party held responsible will be the SAD-BJP alliance which has allowed such elements to raise their ugly head once again.

 

http://www.indianexpress.com/news/wary-bjp-says-bluestar-memorial-will-strengthen-antiindia-forces/1112041/

 

 

 

 

 

The irony being that Mr.Modi including other BJP leaders and their supporters were critical of the UPA Government for the delay in hanging Afzal Guru, handling of China row, beheading of soldiers. Now they are having a re-think of death penalty when it affects one of "their own people". Looks like Mr.Modi thinks that humanitarianism only applies to people belonging to one religion and not to others. Hypocrisy at its worst.

 

 

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@ AnK

 

 

what it a terrorist attack ? it does not mean a bunch of foreigners bringing doom. A terrorist act by definition means-

 

 

The use of violence and intimidation in the pursuit of political aims.

 

 

So by that logic, a communal violence is most definitely a Terrorist act. I am not saying Modi was responsible (ie. an act of commission) for the 02 riots, whether directly or indirectly- it is for the court and investigators to conclude. But what is clear is that there certainly was a case of omission on the Gujrat government's part and modi being its chief executive has to take responsibility and blame for the state's law and order mishandling. The riots went on for days on end, there is no way that they could have gone if the police had properly intervened and used force against violent anti social mobs.
I like Modi and his brand of no nonsense work, but his and his party's religious affiliations do bother me. I am a firm believer in separation of religion and state, no matter what. When RSS. VHP proclaim India to be an unequivocal hindu country, it just seems so regressive and dangerous. The main thing stopping me from voting for Modi's party in '14 is this religious angle. UPA's governance in the past 3 years has washed away a lot of very good work they did from 04-10 but ultimately it comes down to choosing between a moderate, secular but proven (in recent times) to be colossally inefficient party v/s a party with a strong visionary leader but (the party) having a communal, divisive bend of mind. I am sure this will be the final deciding factor for a lot of people too.
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The quote wasn't a comparison of acts perpeterated but of ideologies and the recent spurt of radical stance being taken by the right wing party, but at the same time failing to uphold the same principles which it claims in loud voices across the media spectrum day in and day out.

 

What is happening in Punjab is for everyone to see, the fundamentalist, anti national forces are rising and BJP who claims UPA to be soft on terror and criticised delay in hanging of Afzal Guru has been a mute spectator as a memorial has been built, with name plates of Bhindranwale annointed at the entrace in BOLD letters alongwith names embedded in the walls of the memorial, dedicated to all those fundamentalist who lost lives during operation BlueStar !!

 

 

A great BIG slap across the face for all those soldiers who lost lives fighting the nefarious designs of fundamentalists in Punjab, So much for protecting national interests as was being harped on by BJP and it's supporters during the China row and other such incidents !!

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The quote wasn't a comparison of acts perpeterated but of ideologies and the recent spurt of radical stance being taken by the right wing party, but at the same time failing to uphold the same principles which it claims in loud voices across the media spectrum day in and day out.

 

What is happening in Punjab is for everyone to see, the fundamentalist, anti national forces are rising and BJP who claims UPA to be soft on terror and criticised delay in hanging of Afzal Guru has been a mute spectator as a memorial has been built, with name plates of Bhindranwale annointed at the entrace in BOLD letters alongwith names embedded in the walls of the memorial, dedicated to all those fundamentalist who lost lives during operation BlueStar !!

 

 

A great BIG slap across the face for all those soldiers who lost lives fighting the nefarious designs of fundamentalists in Punjab, So much for protecting national interests as was being harped on by BJP and it's supporters during the China row and other such incidents !!

 

 

On this I actually agree, soldiers died fighting to keep a terrorist uprising down and they let people build a memorial to this person instead.

 

Frankly, as far as the next elections go, on one hand I really hope there's a change of government. But then I look at the opposition and feel like they're not going to be any better either. It's a choice between piles of turd.

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Yup I agree Big piles of TURD, not to generalise, there are some good exceptions to this rule, but politicians have gotten to a new low with each passing decade, i hope new leaders emerge in the coming decades, who can take this country forward, and India has the potential (in every sphere), it has produced Great leaders in the past, it just needs the proper direction at this point and time when it is about to realize it's full socio-economic potential.

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yeah.. i dont quite ascribe to this passing judgement that politicians have regressed to lows in a continuos manner. The over all quality of life, standard of living and access to amenities in each passing decade have increased for an average Indian. So no, we have not had a downward spiral in governance since '47. There are many failed states in Africa and some in eastern europe that have had years of turmoil, mis management, wide spread deaths and finally violent partitions. India for all its diversity and regional tensions has still managed to hold it self together and bring about an economic progress. The current ~5% growth rate might looks depressing but less then 2 decades back that number would have brought joy to all.

 

The world or a country has not been turning for the worse by each passing year, it has always been the same; just that we have grown and matured to understand it better.

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Governance and Leaders of stature which cuts them above the rest ( examples being the like of Vajpayee, Nehru, Patel, Bose etc.) are two separate entities, leaders inspire whereas it's the system that functions and produces results ( efficient governance, rising standards of living etc.) the system can be influenced by leaders but not for a long time, otherwise the system in itself is faulty. The only thing keeping this country together are the established insitutions inscribed by our constitution, if not for that (going by the trends of politics since Independence), we for sure would not be sitting here & calling India a federal entity.

 

Just like anything else there are ups & lows in history of every country, and it is never a simple slope curve on the axis of time and development, rather it fluctuates like a sine wave, dropping to lows and rising to highs, and India is at a point of threshold to that high after years of Lows (1000 years of slavery) and to reach that high inspirational leaders are a necessity (which are on the decline if analysed holistically). so i am not of the opinion that rising standards of living have a sole bearing on the type of leadership at the helm, rather it is the system that has been able to sustain and achieve a part of it's intended objectives, despite the fluctuations from 50s to 80's) and the steady decline thereafter from a holistic POV.

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India having 1000 years of slavery ? what the what what ?

 

as a history student i find it fiction at best and tripping at worst. brits officially ruled us for 190 years- from 1757 plassey battle that established the first british governing body to independence in1947. before that we had a fruitful, peaceful and progressive period under Mughals. yes there were battles, a few fights over land but they were medieval times. Akbar, shahjahan and even aurengzeb (whose main drawback as its told by people is his strict religious doctrine, which he did not force on anyone and shying away from ostentation) were good kings and no one was slave under them.

 

where are you getting a millennia of slavery ? unless of course you mean slavery and oppression of the schedule castes/dalits which was done due to Idiotic idiosyncrasies of (so called) upper caste hindus on basis of their greed, sloth and the ludicrous scriptures of yore.

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Please read Slave dynasty starting from the fall of Ashoka, Invasions of ghazni & Ghori, plunder & demolition of Somanth temple and the subsequent advent of foreign rulers, the likes of Lodhi Dynasty, Turko-Afghan Rule, and culminating in the subsequent rise and fall of Mughals and finally the Brits.

 

In early 15th century Babur invaded India with only 500 soldiers and made a huge part of India it's slave, temples were again destroyed, plundered and wealth transported back to Turkey, such was the condition of the Warrior Rajput classes of India at the advent of Mughal Empire, that they preferred marrying their daughters to Mughals (aka Jodha bai being the prime example) to protect their rule, instead of fighting a righteous battle !! (please refer Bipan Chandra for more on this).

 

It reached another crest of high-handedness and a new low in slavery during Aurangzeb's rule (who was much like today's MODI, RSS ideology), he despised Hindus, and ordered killings on a mass scale of all those who refused to convert to Islam, he ordered executions of renowned Sufi & Hindu saints who did not side with fundamentalist Islamic ideology (strict Sharia Laws) the likes of Sanand, (Aurangzeb's idelogy was much like the modern day Hindutva).

 

9th guru of Sikhs was martyred along with his disciples in Chandni Chownk, Delhi, as he was helping Kashmiri Pandits against this forecful conversion of Hindus by Aurangzeb (roots of the modern day kashmir conflict). Subsequent years were a period of unrest between Sikhs & Mughals, which resulted in mass killings of everyone who wasn't a muslim throughtout the country, the Rajput as such were indisposed to pose any fight (also the reason why Sikhs were made into warrior saints by the 10th guru) to fight this oppression tooth & nail (aspect the fundamentalist of Punjab use to augment their own claims of Khalistan).

 

 

In south the Lion of Maratha Land Shivaji Rao (reason why he is revered so much by Shiv Sainiks, since he revolted against the slave rule of Mughals, also Shiv Sena's current ideological base of being Anti-Muslim) revolted against Mughals and other Foreign invaders like Ahmed Shah Abdali were given strong resistance in the North.

 

This was followed by the British invasion in the later part of 18th century, and subsequently India gaining independence in 1947 and amalgamation of all provinces into one.

 

In all it adds upto more than 1000 years of slavery in one form or the other, but reached a tipping point under the British rule.

 

The oprression of depressed classes dates back to the Rig Vedic age (Ancient Indian History is divided into 2 parts Pre Vedic & Post Vedic), subsequent literary text speak of increased brazen-ness and hostility towards the Shudras (considered to be 5000 years old from now in sholarly circles), this became more brazen in the Age of Ram, (lead poured into the years of a shudra listening to Vedic hymns as was prescribed in the Smritis that followed Manu smriti), (this incident was Inscribed in Ramayan as well, along with the "jhoothe Ber incident" but skipped by most for reasons known best to them, please read AL Basham for more on this), this cuminated into a cult following in the latter part of Post Rig Vedic Age(also known as Treta & Dwapar Yug mythlogically), this cult following got further aggravated by the fall of Mahapadmananda (Nanda Dynasty) (last known Shudra ruler, overthrown by Chanakya)

 

The reason why 50% population belongs to the oppressed classes (Dalit) (census 2011) in the state of Uttar Pradesh, as it was the last refuge for the depressed classes of today under Mahapadmananda, whose empire stretched over a major part of Eastern India and upto western UP, sharing boundary with kingdom of Porus in the Terai region.

 

Chankaya after overthrowing the Nand's sought a welfare state for all, but subsequent rulers failed to live upto his ideals, and thus began the steep rise in discrimination further augmented by the advent of foreign rulers, which reached new lows with each passing century. Majority of Oppressed people converted to Islam under the foreign rulers, yet the profession never changed which was the same as the non converts, and in many areas still remains the same (reason as to why the muslims are still in deplorable state post independence)(refer Justice Sacchar committee)

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1. the slave dynasty had their origins in slavery but they soon outgrew it and reigned as kings. They are formally known as Mamluk sultanate and are as much slaves as Will Smith is a black smith.

 

2. Rajputs were royally owned by invading horsemen from the west asia, no doubts but they were not enslaved. Maybe we have a different definition of slavery, you and I. Muslim invaders came to india and ruled, but that was so far back and the reign stretched so long that they cannot be called invaders past the first 2 generations. Akbar onwards all were indigenous Indian rulers. Also, they had the local kings- rajputs for example under them, they were not treated as slaves, not free kings either, but certainly not as bonded labour that one considers with slavery. The rajputs and other local kings were told to submit to an all encompassing pan India Mughal rule and as long as they gave tax and army to the emperor in delhi, they were free to govern their local unit as they seemed fit.

 

p.s. one big reason for the rajputs to constantly lose against persian, afghan, mongol invaders was the fact that the (so called) lower caste people who were in greater numbers and arguabely more physically fit due to labour were not allowed to carry weapons and fight as those activities were considered to be sacred domains of the 'revered' warrior caste of rajputs, :lol: fat load of good did that do. The rajputs were into grand displays and used to travel with a huge entourage comprising their wives, etc. Handful of skilled fighters (exclusively combatants) from west used to regularly come and slap the living jesus out of our "eminent" rajputana warriors :lol: Freaking posers them.

 

 

4. agree with your dissertation about Vedas being the start of castesism in India. the manu smriti was written by some nefarious brahmins who wanted free and unchallenged supply of workforce. this document is considered to be the basis of caste divide by profession and later on by birth and created a lot of bad blood and oppressive practices. now this is what i would call actual slavery. Akin to the black slaves taken from africa to USA or Indians under british.

 

I wont call the period from slave dynasty till the start british colonial rule as a continuous enslavement of Indians. There were invasions, wars, etc but at no point were Indians as a whole subjected to literal Slavery. Even if they were, the time period is fragmented and certainly do not add up to 1000 years (Mamluk sultanate begun from 1250 ad, 1250 +1000 = 2250). The only slavery in practice in india was and to some extent is, the oppression of dalits and tribals, not by foreigners but by our very own certain sections of despicable people.

 

 

 

oh and btw, have read and still do, bipin chandra, basham and others like rizvi and romila thapar. no history student worth his salt can, not read them.

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Well i consider it slavery if someone can smack you left and right with a handful of soldiers (500 in case of Babur) and in order to pacify and consolidate one's authority the rulers offer daughters in marriage (Jodha Bai married off to Akbar and many more such cases), I do agree that we might have different perceptions on slavery, and it is a fact that India was divided into provinces, so it would be an overreach to call the whole of India a slave country. but major provinces were ruled by foreign invaders and plundered at will,the dummy rulers were more or less redundant in protecting it's subjects from foreign invaders, who struck & plundered at will.

 

Another thing i cannot digest is the constant rhetoric even from prominent historians about British using the "Divide & Rule policy" to rule India, FFS India was already divided into various castes long before British even came to India, and the divide was so huge that the extent of which have not been filled till today even after corrective action (aka Reservations), for me it is a lousy excuse to cover up our own historic faults that crept into the Indian society, instead of accepting and learning from past mistakes, we as a society still haven't matured enough to accept mistakes where they were made and rather look for excuses (prime example being the rhetoric of Divide & Rule policy of British & pinning everything on them).

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True, agree with your notion of us forcing a lot of our inherent social evils on british. The british did not create them. They did however foster them and brought them out in the open. Not so much as in caste divides but surely in terms of religious contempt between hindus and muslims. from a neutral's point of view it was a brilliant strategy as most of the time indians were busy fighting with themselves too make a serious mount against colonial powers.

 

as for india being divided in provinces, well i have always believed that the idea of India as a full country only came into existence at the time of British. If it were not for a common enemy, we still would have been a loose conglomeration of autonomous federations.

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I would rather invest my time and energy on the present & future, than ponder over what cannot be changed, the government has tried to do corrective action for both sides, the avergae CSE seats have been 1000, which used to rarely cross the 400 mark in the pre 2006 era (before 27% reservation was announced for OBC's), New AIIMS (6 or 7 don't remember) have been established, New IIT's IIM's with increased number of seats, so it isn't black and white, although a lot needs to be done, considering the increasing literacy levels and skewed employment avenues, and this is why growth cannot be compromised at any cost and the constant rhetoric by MMS concentrating on this aspect in almost each and every speech of his. FDI in retail is another important step in this direction, the wide scope of FDI in retail can be well understood by the following explaination

 

Question: Tell me how FDI would influence the Economy in a simple language as I am new to Economics Please.

Suppose Foreign Direct Investment (FDI) is allowed in multi-brand retail sector then Wall mart can come to India and start a big mall in every city.

  • So lot of laborers, contractors, cement suppliers, masons, electricians etc get work for mall-construction.
  • After mall starts running: people get jobs as salesmen, accountant, manager, security guard and sweeper in it.
  • Since competition increases, consumers get more choices and attractive price offers by competing malls & small vendors.
  • All these people who got job because of this mall, now they’ve money in their hands so they go take home and bike loans, so it increases the demand and thus people in those automobile-real estate sectors also get more orders.
  • new houses are built so more laborers get jobs and that goes on and on…

Thus it helps economy.

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