Monday, March 8, 2010

When will we understand that to strengthen India means to strengthen all the limbs and systems of our economy, especially those that are weak?

Sudheendra Kulkarni writes in the IE

  • “In Guangzhou, I saw a special zone of only furniture factories that was six kilometres long. They have every conceivable facility, along with an international furniture fair complex that’s the best in the world. Power is cheap, roads are excellent, and transportation is hassle-free. Workers live in dormitories that are far superior to our slums. No wonder, Guangzhou is called the ‘World’s Factory’ that exports ‘Made in China’ goods to markets across the globe. There is corruption in China, too, but government officers there first help entrepreneurs grow and then take bribes from them. In India, they force us to remain small by giving us no assistance whatsoever, and yet bite into our earnings. I am convinced that India won’t be able to compete with China for the next hundred years.”

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