[dfwgator]

Pranab Mukherjee, Finance Secretary, has said the country needs to invite foreign supermarket chains, insurance, defence and engineering companies to help modernise agriculture, financial services and transport infrastructure. His proposed reforms would shake up the country's strictly regulated labour market, allowing companies to increase working hours and make staff redundant without government approval.

And yet here we are going 180 MPH in the opposite direction.

[Tax-chick]

Best wishes to India. I love their food and clothes!

[JustTheTruth]

Countries that value growth and economic prosperity to generate more opportunity for their people (such as China and India - if you can believe it!) move to adopt and sustain economic policies that favor production, trade and business success. On the other hand, countries and leaders that are more concerned about wealth redistribution, increasing state control over private citizens, and increasing the role and dominance of government (USA in 2009/Obama) move in the opposite direction ...

We're clearly on a course to economic stagnation (or worse) in the USA under Obama and the Democrats, but unfortunately too many of us don't and/or won't face up to that fact yet.

[libh8er]