While the magnitude of our population makes low value,low end job creation a priority for the govt, it is beneficial to the semieducated and semiskilled labour force to have some job instead of putting their brains to work and start an enterprise by themselves. Our country does not encourage high value and cutting edge technology entrepreunership if we make cut off ourselves with high end technology due to the cost of a astronomical dollar. There is no point in discovering the wheel all over again. Allowing the rupee to stabilize at its true value, cutting the inflation dramatically, and converting our economy to a high value economy should be our long term objectives while in the short term , subsidy, minimum price guarantee, tax benefits and domestic market protection can offset a major portion of the losses incurred. This is the price we pay to lift and ignite a billion minds on our way to becoming a superpower.
