Comments on: It’s In Our Hands http://indianeconomy.org/2005/12/17/its-in-our-hands/ Issues & insights Fri, 29 Aug 2008 07:41:43 +0000 http://wordpress.org/?v=2.6.1 By: Guru Gulab Khatri http://indianeconomy.org/2005/12/17/its-in-our-hands/#comment-1292 Guru Gulab Khatri Sat, 17 Dec 2005 22:12:26 +0000 http://indianeconomy.org/?p=183#comment-1292 The issue raised is not import vs export wrt a particular country but the effieciency of being able to export with less hassle In india there is a strong consensus which cuts accross all parties which wants to keep things as they are for many reasons. A good deal of beuraucrats want their prestige if not illicit financial gains to continue. A lot of busineess(almost all large congolomerates) in india want the status to be as is. Why you may ask? Simply put they have gained a lot in the past and keep doing so b/c they have figured out how to navigate the system. They dont want competition. This is the real reason the cap on being able to lay off more than 100 people is not lifted despite BJP's flirtation in the past to do so. Its the large congomolerates that have figured out how to keep their unions in check, navigate the licenses and permits, and are reaping the reward in the current system. The newcomers have odds which are highly against them(ever wonder why indians of all educational achievements who move to US manage to start successful businesses and the same ones are not able to pull that off back in india). Its in their interest to keep things as they are. B/c otherwise their 'investments' are exposed to further competition. The issue raised is not import vs export wrt a particular country
but the effieciency of being able to export with less hassle
In india there is a strong consensus which cuts accross all parties which wants to keep things as they are for many reasons.
A good deal of beuraucrats want their prestige if not illicit financial gains to continue.
A lot of busineess(almost all large congolomerates) in india want the status to be as is.
Why you may ask?
Simply put they have gained a lot in the past and keep doing so b/c they have figured out how to navigate the system. They dont want competition.
This is the real reason the cap on being able to lay off more than 100 people is not lifted despite BJP’s flirtation in the past to do so. Its the large congomolerates that have figured out how to keep their unions in check, navigate the licenses and permits, and are reaping the reward in the current system. The newcomers have odds which are highly against them(ever wonder why indians of all educational achievements who move to US manage to start successful businesses and the same ones are not able to pull that off back in india). Its in their interest to keep things as they are. B/c otherwise their ‘investments’ are exposed to further competition.

]]> By: Bas Kya Yaar http://indianeconomy.org/2005/12/17/its-in-our-hands/#comment-1290 Bas Kya Yaar Sat, 17 Dec 2005 19:32:18 +0000 http://indianeconomy.org/?p=183#comment-1290 Suppose the Commerce ministry cuts the number of documents exporters has to obtain to,say,5 it will atleast help us protect the environment! Suppose the Commerce ministry cuts the number of documents exporters has to obtain to,say,5 it will atleast help us protect the environment!

]]> By: Amit Varma http://indianeconomy.org/2005/12/17/its-in-our-hands/#comment-1289 Amit Varma Sat, 17 Dec 2005 18:37:59 +0000 http://indianeconomy.org/?p=183#comment-1289 KYTB, Glassman's piece summarises that well enough. Why? Are you saying it <i>won't</i> help us to remove our barriers to trade? Explain. KYTB, Glassman’s piece summarises that well enough.

Why? Are you saying it won’t help us to remove our barriers to trade? Explain.

]]> By: Kya yaar tu bhi http://indianeconomy.org/2005/12/17/its-in-our-hands/#comment-1285 Kya yaar tu bhi Sat, 17 Dec 2005 16:12:35 +0000 http://indianeconomy.org/?p=183#comment-1285 Amit, When India drops its barriers in spite of the US/EU, what according to you might happen in the next few years in India ? Amit,
When India drops its barriers in spite of the US/EU, what according to you might happen in the next few years in India ?

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