I hope Indian Govt. understand that indian do deserve better infrastructrure even if not world class, ( we rank below sub-sahara), i hope this dead money find better use then financing american consumers.
we dispice( indian govt) american and still providre cheap money at 3.25%. where as we indian citizen pay 11.5 % for housing loan or 16% for car loan.. what a caring indian govt.
RE:we need infrastructure
by ASHOK on Apr 16, 2007 07:42 PM Permalink
Bharat I agree,with your comments. For now we can not ask for interst rate reduction for cars, but in Housing we should get it. It will generate more jobs and circulate more money to needy and poor. But as far as Infrastructure is concerned, we need our hard earned 2 Dollar per son on our land. Not on US Soil or fueling US military might. We need it more than anybody else.
