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RIP, Swadeshi. Welcome Wal-Mart & India’s Death

By on Sep 11, 2012 in Wisdom | 2 comments

According to the latest reports, the Indian Government led by the Congress Party is all set to announce Foreign Direct Investment in the retail sector. Earlier, the government proposed 51% FDI, but now seems to have settled with 49%. What this essentially means is any foreign company will now be able to set-up their retail shop in India with 49% ownership of it. It was sad to see India dying a slow death but the government has now accelerated the process. We’ll soon see markets filled with American / Chinese / Japanese products which we’ll believe are of superior quality. In return, these companies will take hundreds of thousands of crores of rupees of wealth from India. The mathematics of death couldn’t be simpler. So wal-mart will come to India. It will buy the vegetables at their own rate ( farmers won’t have a choice anymore, thanks to Government’s...

Should Prime Minister Be Included In Jan Lokpal?

By on Jun 21, 2011 in Wisdom | 0 comments

As expected, the government today submitted the draft of their version of Lokpal and the members of civil society submitted their own draft. It’s quite obvious that the government does not want anyone ‘above’ them and that’s why they have put forward totally insane points in their draft. From what I learn, the government wants – Government to elect the jan lokpal. Government to reserve the right to remove the lokpal Exclude the Prime Minister from purview of the lokpal MLAs & MPs to be excluded from the lokpal and can be taken action against by lokpal only when they step down from power Chief Justice of India to be excluded from lokpal I personally believe we need an independent system in this country to keep check on elected politicians and bureaucrats so that they don’t go unchained in eating people’s hard earned money. In case the final draft of lokpal bill is made as per...