Comments on: The Weaker Side of a Stronger Rupee

By: Anonymous

Anonymous — Tue, 05 Jul 2011 13:40:00 +0000

Thanks Sarcha

By: Sarcha

Sarcha — Sun, 03 Jul 2011 15:01:00 +0000

complete agreed with you

By: Gurudev

Gurudev — Wed, 29 Sep 2010 15:42:13 +0000

Very true, in reality there is neither an open market nor a closed market. It is only an opportunistic market that exists there where government, companies, all try to play around and extract their pound of flesh as much as possible. In simple terms it is a massive loot going on at the cost of everything. Well structured capitalism leads to job creation, innovation, improved standards of life, rewards merit – on a whole creates a very positive environment – but at the same time this should be backed by sound scientific and cultural rationalism so as not to harm environment, prevent pollution, protect species, protect food crops, farmers, heritage – none of which is impossible – provided we are able to remove the vested interests from the system. But in a fast moving world where everybody is busy with their current targets, all this seems very idealistic.

By: wyn gail

wyn gail — Thu, 16 Sep 2010 08:50:37 +0000

A good article…. You know… in the process of living a life in India, the unbalanced growth skewed/promoted by Government in favour of specific industries due to political influence , we have to admit it… is changing the texture of our lives..

We have this thing called the ” Natural course of events which lead to a stronger Rupee”…. I feel it is manipulated for the short term. It would be very surprising how much politicians collude with vested interests.. It is a open secret that around 200 MPs are bought by a petrochemical giant in India.

It is funny how the ASEAN treaty would really benefit India’s farmers.. !

I hate to sound cynical…! The priorities for the Govt is to find ways to help foreign banks establish a real presence in India, Hike Real estate FDI…

The Government is working very hard in finding LOOPHOLES to allow foreign investment in certain sectors… Does India have any incentives for Green Initiatives… As far as I know, US offers TAx breaks for LEED certified environment friendly buildings, cars etc.

We have none… Thanks to our friends in Delhi.. Again ever wonder why we cant import cars without paying 100 %, Mind you not even 30 % Tax, while signing the ASEAN treaty on as a parallel, which promotes a fair and free market. I am for full fledged capitalsim . But at the same If farmers are subjected to a fair market policy like ASEAN, why not Auto manufacturers..?

By: ramana

ramana — Fri, 29 Feb 2008 07:29:03 +0000

Hi Gurudev,
It is indeed brilliant and thought provoking article. My thoughts are very similar to yours and try to shed some light on the things you discussed with my own experience

OIL: The demand for oil is created by greedy companies and the politicians who are supporting it. I am convinced more than ever after my recent experience.
I happened to drive a hybrid car which runs on both petrol and battery. After 500 kilometers I spent only one liter of petrol. Just one liter for 500 kilometers.
It is just simple electric motor. I was astonished why this kind of cars did not become part of mass market. Only one reason. A deep conspiracy by oil producing companies and nations and their political supporters. We need to push alternative resources to oil.

CONSERVATIVISIM AND LIBERALISM:

Gurudev, You will have problem being labeled as �liberal� since you are promoting �Taxation� Taxing the rich and giving the money to poor will be a politically a death stance .Though I personally agree with your views about fairness to all the citizens but you will have problem with ultra conservatives with in India. So If you want to be a political leader you have to walk that thin line.

I truly enjoyed your article article.

By: ursri

ursri — Sun, 10 Feb 2008 16:28:40 +0000

- Keeping the need low
- Reducing the tendency to compare with haves
- Compare self with more have-nots
- The rich Indian culture true meaning of life that can be found only in India.
these above points must make any one come to India / remain back in India.

By: Rajesh Cheedalla

Rajesh Cheedalla — Thu, 07 Feb 2008 17:40:32 +0000

Yes, its true and I hope if social welfare organizations involve in such matters and educate the youngsters or big companies (mainly IT) should have such kind of email circulation or some sort of education to its employees should help a percent in this matter.
The main problem I see in India is ‘Comparison’ where people compare themselves to neighbors or relatives and try to maintain the standard/level of life through expenditure.
After staying in US for 10years, now sometimes I fear to comeback to settle in India as its extremely expensive

By: Dr.R.Srinivasan

Dr.R.Srinivasan — Thu, 07 Feb 2008 07:20:10 +0000

EXCELLENT ANALYSIS

By: vinu

vinu — Thu, 07 Feb 2008 00:00:12 +0000

Hi Gurudev,
It�s a really valuable reality u just showed me. I appreciate your work allot. In my views a good economists can see good ways even in worse situations, what I think that this is a nice opportunity for Indian industrial sector to invest in US economy. In simple words don�t buy there dollars buy them!!!. Government should motivate people to invest at this time..

By: mack

mack — Wed, 06 Feb 2008 07:09:38 +0000

Well written Mr. Gurudev,

I agree with Mr. Sunil’s comments

Keep up the good work.

Mac