Economic Reforms and Our Good Deeds

What a big deal if FDI bill is pushed to the backburner?

It might not be for some people. But yeah... its a big deal with the sentiment in corporate segment across the world. Multi National Companies and foreign investor bodies are losing faith in india inc. Even indian business conglomerates are thinking to shift their base out of india. Indian policies are no more open now, and indian market is no more a preference. Just imagine if all these corporates pull out their money from india ....can we sustain?

Somewhere in the back of mind I feel, this damage is been done by ourselves only.

If I recall the situation around a year back, india inc was running smooth. With all the uncertainty in economies around the world, india was standing pretty robust. Around the same time our news channels started flashing various scandals. A series of corruption headlines like 'commonwealth games', '2g' just shook everybody's head. Fire was spreading fast and with Anna as a catalyst, it became a movement. Lot of people contributed to it, for the sake of india's good of course. But can we call it successful? I dont know. May be it has revived the people emotions against corruption, but what about the negative sentiment it created within the minds of foreign investors .. ??

Indian goverment has become weak and truly helpless. Inspite of it being aware of the repurcussions on its FDI decision, they cannot take a chance on another mass rage. FDI is been slapped back by oppositions and the coalitions so hard, that I doubt government is in a position on pushing economic reforms and policies any more. These are the same policies which led india shine some 20 years back, and now they are pushed aside for the sake of mean politics.

Anna is talking about another movement against lokpal bill. Are we ready for another revolution with Anna? I feel india inc is just not ready for another unstability in indian politics.

We want this social reform, but not at the cost of our economical growth !!