Power And Dollar

India Still Has Potential

India held its last election in 2004 and due for another one in 2009 or earlier.  The party in power is Congress and they won primarily for their agenda for the lower castes and/or the poor.  India has been having great economic performance as well.  India still has potential to be exploited.  This potential can be achieved when the social integration of the untouchable is successful.  And investments in that area require a tacit knowledge. 

 

CNN made a mistake in using the word class.  It could have been a typo if class were used consistently through out its content.  However, class and caste are used inter-changeably in the content.  That seems to suggest the difference between caste and class is misunderstood.  Class can be ascribed, as Plato suggests.  Caste is innate.  

 

Prior to Congress’ victory, many foreigner investors considered the previous government led by BJP as more investor friendly.  This is to argue otherwise.  

 

BJP’s core value was Hindutva.  That was to ask: who is Indian?  That came as polarizing as Bush was to the States.  Yes the poor were ignored and that constituted as a block of votes for Congress.  However, investors need this much needed Congress for political stability is the first requirement for any investor into long term investment cycle.

 

Violence in the rural areas can be instigated by religion as well as by caste differences.  This is only one case that gets to the media.  

 

Labour upgrade is difficult because education is not as accessible to the lower castes as the upper castes, not necessarily just the untouchables.  Jobs, lending practices are sometimes not favourable to the untouchables in some areas.  

 

Although the federal government has strong affirmative action laws for the lower castes since the first legislature, social inequality continues.  And sometimes it can turn violent with great organizational support.  

 

Differences in religion can be just as problematic.  And with the separatist movement at the far corners, although calming down in recent years (or decades now), managing such a diversity requires great political skill.  

 

Having investments in that area requires all this local knowledge.  The current Congress is just as pro-economic growth as BJP.  In fact the current government is much better equipped than anyone else to manage growth in India.  They have a good finance minister from a major seaport of India.  They have a long history of governance.  In a country where they have strong regulation and a lot of oligopolies, this is an important asset.  The current government is also the party that can unite different castes, religion, promote peace in the region and continue its relationship building effort with its greatest perceived threat of China at the same time.  

 

Advertisements

April 30, 2008 - Posted by | Current Events, economics, India, Investment, market, opinion, politics, stock, wordpress-political-blogs

22 Comments »

  1. This is very interesting, You are a very skilled blogger.
    I’ve joined your rss feed and look forward to seeking more of your great post. Also, I’ve shared your website in my social networks!

    Comment by Ilene | May 10, 2013 | Reply

  2. It’s the best time to make a few plans for the longer term and it is time to be happy. I’ve learn this publish and if I may just
    I want to suggest you few attention-grabbing things or tips.
    Maybe you could write next articles referring to this article.
    I want to read more issues about it!

    Comment by juicing for cancer patie | May 24, 2013 | Reply

  3. Wonderful beat ! I wish to apprentice even as
    you amend your site, how could i subscribe for a blog site?
    The account helped me a acceptable deal. I have been tiny bit acquainted
    of this your broadcast offered bright clear idea

    Comment by recipes for juicing | May 24, 2013 | Reply

  4. Wow, awesome weblog format! How lengthy have you
    been running a blog for? you make running a blog look easy.
    The whole look of your website is fantastic, as neatly as the
    content!

    Comment by lemon juice erodes teeth enamel quickly. | May 31, 2013 | Reply

  5. This is my first time pay a quick visit at here and i am truly impressed to read everthing at alone place.

    Comment by female weight lifting techniques | June 2, 2013 | Reply

  6. I am regular visitor, how are you everybody? This article posted at this web page is actually pleasant.

    Comment by Martina | June 2, 2013 | Reply

  7. Right here is the perfect website for anybody who would
    like to understand this topic. You realize a whole lot its almost tough to argue with you (not that I really will
    need to…HaHa). You certainly put a brand new spin on a subject that’s been written about for decades. Great stuff, just wonderful!

    Comment by whatisvitaminc.net | June 9, 2013 | Reply

  8. This status also served to make the tests too expensive at $3,500 plus for many patients.

    Clients mostly persuade their patent attorney to sign a non disclosure agreement.
    This is not only true for disease, but in life itself.

    Comment by non provisional patent | July 26, 2013 | Reply

  9. Definitely consider that that you stated. Your favorite
    reason appeared to be at the internet the simplest thing to have in mind of.
    I say to you, I certainly get annoyed even as other people think about
    concerns that they plainly don’t realize about. You managed to hit the nail upon the top as neatly as outlined out the entire thing with no need side-effects , other folks can take a signal. Will likely be back to get more. Thank you

    Comment by online business success story | July 31, 2013 | Reply

  10. The first step in knowing the best way to start
    a local internet business directory service is
    always to decide what will be the focus. Creating a powerful plan of attack includes deciding on the topic of your business, deciding on the types of products you’ll sell, what form of business website you need to use (blogs, copy writing sites, review sites), the way you will market, what marketing materials you are going to write. Lynn Van – Dyke’s site is now inside top 1% of all websites in
    accordance with Alexa.

    Comment by online english course free with certificate | August 6, 2013 | Reply

  11. First off i want to answer what lots of people ask ‘What is Affiliate Marketing’.
    Domain Name – Domain name is the right to choose your URL name e.
    These strategies are so simple, anyone can begin implementing a promotional campaign for his or her small business today.

    Comment by online business card printers | August 7, 2013 | Reply

  12. Hey I know this is off topic but I was wondering if
    you knew of any widgets I could add to my blog that automatically tweet my newest
    twitter updates. I’ve been looking for a
    plug-in like this for quite some time and was hoping maybe you would have some experience with something like
    this. Please let me know if you run into anything.
    I truly enjoy reading your blog and I look forward
    to your new updates.

    Comment by a point of entry outdoor water filter | August 29, 2013 | Reply

  13. We’re a bunch of volunteers and starting a new scheme
    in our community. Your website offered us with helpful information to work on.

    You’ve done a formidable job and our entire neighborhood shall be grateful
    to you.

    Comment by Garcinia Cambogia Extract 100%natural | August 29, 2013 | Reply

  14. What’s Going down i am new to this, I stumbled upon this I’ve discovered It positively helpful and it
    has helped me out loads. I’m hoping to give a contribution & aid different users like its aided me.
    Good job.

    Comment by glibjail3686.Jigsy.com | September 20, 2013 | Reply

  15. He needs to prepare a list of all the evidences
    that can work in your favor. No one is saying you don’t have to
    pay for your mistake but you don’t want that mistake to haunt the rest
    of your life. Therefore, the legislation authority has posed stringent law against impaired and careless driving.

    Comment by Gainesville DUI Lawyer | September 26, 2013 | Reply

  16. Heya i’m for the first time here. I came across this board and I
    find It truly helpful & it helped me out much. I’m hoping to
    offer something again and help others such as you helped me.

    Comment by breyer horses | September 27, 2013 | Reply

  17. Hey there! I understand this is sort of off-topic however I had to ask.

    Does building a well-established blog like yours require a large amount of work?
    I’m brand new to blogging however I do write in my journal on a daily basis.

    I’d like to start a blog so I will be able to share
    my own experience and thoughts online. Please let me know if
    you have any kind of ideas or tips for brand new aspiring
    bloggers. Appreciate it!

    Comment by model horses | September 30, 2013 | Reply

  18. Excellent blog you have got here.. It’s hard to find good quality
    writing like yours nowadays. I truly appreciate people like you!
    Take care!!

    Comment by common cosmetic dental | October 5, 2013 | Reply

  19. Once the surgery is over, all the incisions will be closed and covered with surgical
    gauze to protect from possible infections. That is why the consultation you have with your
    doctor will be so vital. We’ve got extra
    information on this subject you might be thinking about perusing:home
    remedies for acne and neutrogena acne.

    Comment by http://Long-Way-from-home.tumblr.com/ | February 11, 2014 | Reply

  20. To discover how to change your life dramatically and earn
    100% commissions online by using a simple 3-step process that anyone can do; go to his
    Empower Network Blog at and learn more about this life-changing opportunity.

    Any affiliate marketer can benefit from the public’s want to do their portion.
    You promote the sales page and earn money
    on the initial sale.

    Comment by Ermelinda | April 9, 2014 | Reply

  21. Sometimes, this may mean the kids watch television or use a smartphone so parents can make
    dinner. Just install OCR, click on icon, put your file in it, click the button and you will get your editable file within
    less than 10 seconds. This alone should be startling
    to any parent, and should encourage them to
    get their passive children into more active roles.

    Comment by yell.com | April 18, 2014 | Reply

  22. If some one wishes to be updated with most recent technologies
    therefore he must be pay a visit this website and be up to date all the time.

    Comment by Penni | May 30, 2014 | Reply


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: