Sunday, February 7, 2010

FAYDE KA SUADA


If  American President Obama wishes more Sino American Trade so that cheap Chinese goods can support falling economy of America; why can not we make best out of cheap China goods for poor Indians ?

Instead of outsourcing our talented youth as cheap labor abroad, we should focus more on in-sourcing cheap essential commodities, cheap goods  and services  from  Asia , West Asia, Europe. 


Balancing between protecting Indian industries by levying anti-dumping duties and giving domestic industries a fair competition by International goods and services is necessary in the interest of Indian consumer. The basic idea of WTO is somewhat like this - free and fair  trade - flow of  goods, services and manpower across the globe.

Export Dichotomy :- Real Exporters vs. Fake Exporters

In Budget released on February 2010, government needs to stop bailing out and stop giving stimulus to those export industries which are destroying the country. BPOs, KPOs, Software etc service sectors are wasting our talented manpower (worth billions of rupees) at throw away prices by outsourcing. Instead we should help real exporters like traders of textiles, consumer goods etc who are real long term players and do not ask for any incentives, tax holidays, SEZs, bail outs.


We have so much trading , business, industrious opportunity with counties where our Governments have not focused. Still private sectors have done wonders in this not favored countries and not favored industries. 

Beware of those in Government and Private sector who only drag the country and its resources and chunk of budgetary allocations to improve  business with USA and UK ( and with not even other European countries). These people are destroying the country. They are traitors.  
The  real business, trade, market opportunities are with  BRIC countries, over populated countries, UAE, South Asian, African, Latin American countries.



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