Last week in newspaper ,statement of President Obama was published ,he was insisting Indian government to open retail sectors and allow foreign investment .He wants quick bucks from investment..We need investment in infrastructure, we welcome . Every investor knows investment in infrastructure can not bring cream.India's huge population depends on retail trading and shifting to large malls means small shopkeepers will lose their livelihood,
India protected her economy from global meltdown, would never tolerate foreign interference
Sovereign nation can not be dictated by others
Falling Super power?
What Super power would that be?
If your country isn't open to foreign investments, then everything built would have to come from internal sources.
The question is- are there enough sources with the resources to advance India's infrastructure and grow the Economy without any foreigners' investment?
Apparently Obama sees that there's not. Which would probably be why he said it in the first place. But, then again, I'm not him and I'm not going to speak for him.
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