it is the NRI money that is playing havoc in indian market ... be it real estate or shopping
Their attitude of buy land, flat at whatever price has actually created a mad rise in the market
Offcourse...NRI money is pouring in...but for what?? what percentage for noble causes??? I bet...if the Dubai market is lucrative...these self-proclaimed india lovers will not hesitate to shift loyalty. Even resurgent India bond was a success...just because of the great returns it offered... If Indian govt releases a GREAT INDIA BOND promising a return of 1% ...none of these NRIs will turn a eye
Having lived in US and Europe for 5 years, and given atleast 40% of my earnings to good causes in India, I am feeling sick at greedy attitude of NRI.
They may claim ...AID,BAID, CAID etc with corpus. Can any one of NRIs tell us what percentage of their earnings they contribute for India development?? Donot talk absolute numbers like $1000, $2000 etc
To me, a silent Indian living in India with income Rs.5000 and giving Rs.500 for noble causes (10%) is very great than a self-trumpeting NRI who gives $100 (Rs.4500) from a earning of $5000 (2 %)
NRI's ...earn a lot...no worries...spend lavishly .... but...donot raise your voice. ...dont talk abt india, culture etc.
