Please don't read the last 3 paragraph, otherwise, it is good. The author fouled in the last three paragraphs by telling some idiotic views. But I accepted his vision for tomorrow around 5 to 10 years about raising poor too.
RE:Please read the last 3 paragraph, otherwise it is good.
by YuanKush on Feb 13, 2007 03:40 AM Permalink
Please read the last 3 paragraph, otherwise it is good.
Is my heading & Inside message confusing. That is rediff........
RE:I don't care who doesn't agree. I agree.
by YuanKush on Feb 13, 2007 02:03 AM Permalink
If you want a proof of India's old glory, then check how america was discovered at the bottom. Before some guys report that for abuse. I tell here once again: "Columbus discovered America by thinking that it was the rich India"
It is indeed fashionable to flaunt the conquests of a few and ignore the plight of the country at large. I could not agree more with the author or Mr Suvro for that matter.
Before making any comments on the article myself, I should first like to ask the rediff messageboard managers to screen the rejoinders to eliminate the illiterate, stupid and uncouth. Unless I am much mistaken, the author is male, not a 'she'; he is an elderly and educated man, a well-regarded and highly placed journalist, one-time editor of The Statesman. I do not think the writers of the first three messages are in ANY sense qualified to sneer at him; and anyway, are crudeness and rudeness ever justified? - now, what I believe Mr. Datta-Ray was trying to say was 1) it is both wrong and foolish for us (chiefly middle class) Indians to get hyper-excited about relatively small achievements, 2) we ought to reflect upon the costs of the said achievements borne by the society and polity at large, 3) we shall go nowhere until we get rid of our gigantic inferiority complex, which makes us go gaga over little patronizing pats on the back that sahibs from more advanced countries occasionally give us, usually to serve their own interests, 4)there is far too much that is wrong with India to preen over those relatively small achievements under discussion, 5) as long as we routinely rank among the lowest countries in the world in terms of overall human development, nobody will acknowledge us as either a developed or a significant country, 6) 50 million well-off Indians cannot make a rosy future for themselves in isolation while carrying a deadload of 300 million plus desperately poor on their backs, 7) no development is genuine and sustainable if it hurts the mass of the poor in favour of a tiny minority of the already rich. - Mr. Datta Ray was neither criticising the Tatas and similar recent achievers nor suggesting that all their work be stopped and annulled: all he was suggesting (as someone called Gandhi suggested long ago - remember the name?) was that we never lose sight of the harsh and dangerous ground realities. By hyperreacting, and that too in a most vulgar and uninformed way, the respondents have only strengthened Mr. Datta-Ray's case! - and, for the information of those respondents, I have never personally met Mr. Datta-Ray, though I have read a lot of his writing over the last ten years.
I think that the author is such a big fool that she doesn%u2019t know that every time a corporate company like TATA earns money it pays the tax which is used to buy steel for building the Infrastructure of the nation, to buy new buses etc. It looks like either he has a fantastic plan to make our country rich without earning money or his definition of social equality is %u201CEverybody is poor.%u201D He appears to be highly influenced by Communist Ideas but for your kind information Mrs. Sunanda even Russia has stopped following Communism. More the Indian Industry grows more will be the Jobs available. I think Reddif should ask the Authors to have at least some basic Knowledge about economy before writing an article.
RE:The author is an Idiot.
by Aniruddha on Feb 04, 2007 12:04 AM Permalink
dear dear. looks like ur knowledge of finance is a little weak. Tata's have struck the deal as an LBO( u check google/wikipedia for detailed explanation). It means they have financed it with debt. now when companies have huge debts, they have huge interest payments and they take tax shields for these interest payments. so initially all the money from the venture wil go to Investment Banks who gave debt to Tata's and also to Tata shareholders.
RE:?$%^$?
by Deepak Srivastava on Feb 03, 2007 11:41 PM Permalink
the author simply means that we don't have right to enjoy as long as 300 millions in india dont have acess to food,water and shelter.
she is not saying that tata and other indian companies are causing india poor. but yea i agree that she has a communist bent.
she need to understand that corporate will invest anywhere they see profit(for their existense depends on profit and growth). it is for indian govt to make the investment in india feasible and profitable.
Actually corporate are doing it, see the telecommunciation and the auto industry, esp as tata is going to build a 1 lakh car.
Why flog a dead horse, hwo many Master's and Ph.D's are minted on this topic.
As a rediff reader, I'm interested in seeing Indians relate to other's. Share ideas, and above all...become industrious. Industry, industrialisation, industriousness...my God! That's the need of the hour. That's what will spread equity. Not subsidies for fertiliser, 'Ghaaslet', Caste subsidy, Tribe subsidy.
What happened to merit, industry and honour? India wants to take-on China...bah humbug...do you have any idea how much pride the Chinese have in themselves. For 1000's of yrs., it was China that produced 'Quality' products, so-much-so that the Silk Route came about. Japan copied everything from everywhere...hard engineering and technology from the west and soft mgmt. and human skills from China. No credit given...India ... Indians ... Wake-Up!
RE:So nice of you to be Equitable !
by YuanKush on Feb 13, 2007 01:52 AM Permalink
India also had glorious gold history. Remember Colombus discovered america thinking that it was rich India. Hmm. I didn't know any of the Japan's copying from China & also quality products from until China recently.
Since we have seen it being negotiated , grabbed the question now i guess what else could have been done .. instead of bidding on such assests? I am quite optimistic about India's Growth and like to make a point. We have developed nagging habbit of criticizing happenings around us. I am asking the author of article, what happened to Tata's Plan for small car plant at singur.Such a hue and cry....?
I praise TATA's as they have done somethng that bolster's a Global Image of India. Recent reports indicates rise in global ranking of India for investments.( I agree its not only because of TATA's but that reflects Indian Economy and Infrastruture are both developing and investors are investing for same reasons) and we are benefitted in one way or other).
So please be cautious in your criticism and think positively that atleast some thing good is being done .
Agree completely with the author - we might personally become wealthy but as long as 300 million of our countrymen live in dire proverty, the immigration officer at the next airport where you present your passport will look at you as another oxymoronic rich man from a desperately poor nation. And that will permanently be a blemish on your self-image and the image of your country in others' minds !
