Deaar Sirs, The choice is obvious. The RBI Governor with his erudite scholorship and correct assessment of situation, hold back reduction of interest rates with all the pressures from the Govt and many quarters. He has practised what he has believed. Fortunately for him the inflation, crude prices have come down and Government is talking investment friendly decisions as early as possible. As it is a democratic country, the opinions from various quarters will be different unlike in China. You have to bear the opposition in India. But the Govt. in China can act as it deems fit without any fear of opposition.
You may know there is good legal system though burdened legal personnel.
Hence the preference of Investment may be considered positively.
T V Sreenivasa Murthy, Hyderabad
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Forget About China… I’m Investing In India!
Deaar Sirs, The choice is obvious. The RBI Governor with his erudite scholorship and correct assessment of situation, hold back reduction of interest rates with all the pressures from the Govt and many quarters. He has practised what he has believed. Fortunately for him the inflation, crude prices have come down and Government is talking investment friendly decisions as early as possible. As it is a democratic country, the opinions from various quarters will be different unlike in China. You have to bear the opposition in India. But the Govt. in China can act as it deems fit without any fear of opposition. You may know there is good legal system though burdened legal personnel. Hence the preference of Investment may be considered positively. T V Sreenivasa Murthy, Hyderabad