India again highest recipient of global remittance flow
July 28, 2009 11:26am CST
Hi All, Great Indian PM may feel proud to be leading such a Nation but look at China. Every item like Toys, Electronic Items, Stainless Steel Utencils, Porcelin, Clothes,Stationery items & School supplies, Plastic items, Kitchenware, Foot ware, Fancy items, Hand tools etc., everything is from China. No wonder China has $6 Trillions trade surplus. EVEN IF WE WANT TO AVOID BUYING CHINESE ITEMS (BECAUSE I CONSIDER THEM INDIA'S DIRECT & INDIRECT PERINNIEL ENEMIES) WE CANT BECAUSE WE DONT FIND ITEMS MANUFACTURED IN INDIA,USA OR EUROPE. ALL INDIA CAN EXPORT TO USA IS PICKLES, INDIAN MASALAS, BINDI ETC. WHICH IS CONSUMED BY ONLY HALF OF THE INDIANS LIVING IN USA. BUT FOR THESE PEOPLE, REMITTANCES TO INDIA WOULD HAVE BEEN $28 MILLIONS AND NOT BILLIONS. INDIAN GOVT HAS TO DISBAND ALL THE BUREAUCRACY,MLAs & MPs, TO DEVELOP OR SEND ALL OF THEM TO CHINA FOR 25 YRS LIVE TRAINING,DURING WHICH THEY SHOULD LIVE UNDER CHINESE RULES.