Kingsley Arasakumar 2133 days ago

It is unfortunate our PM Modi has been crazy after FDI. He thinks by allowing huge foreign investment he could increase wealth and provide employment. He fails to understand the bad side of it. A country can defend itself by its won streangth so also it can increase wealth and provide empoyment by untapping the huge concealed capital,unused land and resources especially in the remote places and training skilled labourers like IIT ( not ITI or engineers)and politechnic trained personnel. (Only such technocrats are recruited in the industrialised countries.) There was one country to which Napoleon and other leaders of the West Feared - it's China. Not now, even in the nineeenth century, when China was enslved and became a poor country because of the Open Door Policy of the West led by the USA. Under Mao-tse-Tung China once again became a super power. within thirty years. Not by trusting foreign investments but by adopting progressive policy. The capital and resources in the country were harnessed, land was brought to use, all people were made to take part in the development process. Modi is a mass leader. Instead of trusting the capitalists and capitalist nations, Modi must adopt progressive policy.Wealth of the people buried in the chests of former princes, money lenders and black money within and outside India even with small bisiness people, religious institutions etc. If the Prime Minister takes such bold steps,he can surely fulfill his dream of development and progress