Saturday, April 21, 2007

US seeks investment from India

And you thought LPG (Liberalisation, Privatisation, Globalisation) did not help? In an extremely unlikely twist...US seeks investment from India.

Read here.


  1. This comment has been removed by the author.

  2. Sir,
    I don't find any "unlikely twist" in the type of investment the US seeks from India. It does not seek any capital or direct investment, but the investment of human resource.

    Has not this type of "investment" been there from the time of British imperialism? Indians were taken to Africa and Latin America (not forcibly) to work in sugar plantations. Do you find this investment any different in kind from the investment you mention? This is different only in degree may be. So now it is not agricultural sector but "knowledge-based sectors".
    However, the pattern is the same. We go, we work, we serve, we earn; and yes, and then we say that we develop.
    This is not "an extremely unlikely twist" by any stretch of imagination. On the contrary, it is the likeliest trend that the Capitalist economy is always looking for the cheaper labour, which it finds in the comparatively less developed society.
    I wonder if it is something we should be proud of.