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Effects of Re appreciation on exports
by royal on Aug 06, 2007 01:50 PM

There is no doubt that labour productivity is very low in India ( due trade union & archic labour laws).However, we should understand that Indian Cos have to bear large hidden cost due to beaurocractic hassels which need greasing of palms & high cost & time delays due to poor infrastucture, again due to political & beaurocratic corruption. Just kick out govt & beaurocracy and our exports would become competative. Most ministries are avoidable or atleast their role needs drastic cuts

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Stronger Re: End of export boom?