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WAR against western investments/companies by india?

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WAR against western investments/companies by    india?

WesternGate india’s politics unwelcome western investments/companies

With the introducton/approval of FDI (retail) in india has unleashed the whole nation into WAR mode with western business participation in RETAIL business of  india
Indians-traderes/agents opposing and protesting  against Western investments/companies in RETAIL for india!
 
 
In earlier article we discovered what is FDI, 
 
 
What a dichotomy of ignorant few opposing FDI, while everyone knows local middle-man openly steals 90% TAX using Black-money in deals/transactions in RETAIL sector and there are people calling them-self experts in various fields to to DEFEND against FDI.
 
Since the introduction/approval of FDI in RETAIL india has witnessed NATION-WIDE STRKE and walk-off by indian traders/middle-man/agents just to strik-out FDI in intdia,
 
Per recent report,

“There are 32 bills in this winter session of Parliament for consideration and passing, many of which are of far greater consequence and importance for the country than FDI in retail,” the two eminences grises of corporate India said in their open letter.

“A democracy encourages openness and permits dissent, but perennial disarray and disruption is sacrilegious… the more important question is how should some semblance of order be restored in Parliament,”.

In reality, the whole idea  revolves around indian BLACK-MONEY that indian traders/middle-man deal while doing their daily transactions of RETAIL in india (it accounts for almost 70%-90% of black-money) apart from indian local traders setup their own prices hikes with no central control/check:

 
What is indian BLACK MONEY?

Indian black money - Wikipedia, the free encyclopedia

 

en.wikipedia.org/wiki/Indian_black_money

Black money refers to funds earned on the black market, on which income and other taxes has not been paid. The total amount of black money deposited in

Some of key think-tank of india are raging WAR 

against allowing Western Companies do business in INDIA

FDI in multi-brand retail will hurt all

http://www.dailypioneer.com/columnists/item/50612-fdi-in-multi-brand-retail-will-hurt-all.html

Come-on, is there a WAR by india on Western Nations ?
while india is often seen pleading for technology upgrades to their military machines  from western powers, correct?
 
 

FDI will enslave India, says Anna


Indian Express - 4 days ago

Social activist Anna Hazare on Wednesday opened a new front against the Union his apprehension that FDI may lead to “India again becoming a slave”. 

Anna Opens New Front, Attacks Govt on FDI in Retail‎ Outlook

 

 

Bangalore: Moily Lambasts BJP, Left for Opposing FDI in Retail Sector


Daijiworld.com - 1 day ago

 M Veerappa Moily on Friday lambasted the opposition BJP and Left parties for  UPA Government’s decision to allow Foreign Direct Investment (FDI) in 
 

 
 
Surprisingly, 
Anna was recently awareded KEY GLOBAL THINKERS award: Anna Hazare, Azim Premji in list of top global thinkers
 
 
What kind of global thinking ‘anna’ is having here obviously needs no   introduction:  

FDI will enslave India, says Anna

 
In this world of global-ization, every nations has to step-up and go global economic front, on one stage india is dying to play global role on the other hand it can’t permit FDI, what global-role india wan’t to play then? (poverty/corruption and population explosionyes india  is   already playing global role)
 
FDI is the answer to have traders pay proper TAXES just like few other hard-working citizens pay taxes except businessman who we all know, are expert in dealing with BLACK-MONEY.
 
FDI gives equal-playing-field for all including western nations  who invest in TRILLIONS in india developing IT/OUTSOURCING business that has brought money to middle-class that otherwise was being exploited/looted/dictated by middle-man/local-traders.
 
 
It is surprising to note that this india’s WAR against WESTERN companies/investments is despite the FACT that india recently scored lower grades in CORRUPTION on global scale that serves as a GUIDE to investors/companies where not to invest due to corruption.

/story/1448/936/CORRUPTION_UNCOVERED_and_REVEALED.html

India Hits New Record Low In Corruption

 
 
 
 
 

 

WHILE back here in   US,  US   SENATE   BLOCKED  anti-outsourcing bill!

Anti-outsourcing bill blocked in US senate

Press Trust of India, September 29, 2010 (Washington)

Senate Republicans successfully blocked the passage of an anti-offshoring bill that would have denied tax breaks to US companies which move jobs overseas.

Republicans in a 53-45 vote prevented the bill from overcoming a filibuster. At least 60 votes were needed to overcome the Opposition’s obstruction.

As per the bill, there will be a ban on government contractors from using American taxpayers’ money to move jobs offshore.

What is seen as an electoral populist move, the Creating American Jobs and End Offshoring Act aims at small manufacturers and included a payroll tax exemption for firms that move jobs to US, but the bill also contains provisions to prevent businesses from deferring US taxes on the income they make from foreign subsidiaries.

Indian IT honchos had said the bill won’t make much of an impact on India. However, they warned that US companies operating in other countries may be beaten by the same stick.

Several business groups such as the National Association of Manufacturers (NAM) were strongly opposed to the legislation. It had sent a letter to senators arguing the measure would make US corporations less competitive and hurt job creation.

Terming the bill as an election gimmick, Republican senator Orrin Hatch slammed the Democrats for their “height of irresponsibility” that would put the US economy at “greater risk.”

“Desperate times call for desperate measures and the majority is showing how desperate they are with a bill that increases the tax burden on job creators and ship much-needed US jobs overseas.”

Hatch feared that “raising taxes on companies’ overseas profits will just incentivize them to move their domestic facilities to another country… That is not the prescription that will cure our ailing economy.”

Agreeing with Hatch, Senator Chuck Grassley said the bill would have resulted in a net decrease in American jobs.

“The legislation that was defeated in the senate today would make US companies pay an extra tax, of up to 35 per cent, compared to foreign competitors, and really hit companies like John Deere, where they have big overseas markets.”

The senator said that the reality of “consequences for manufacturing jobs” in the US was cast aside to create a debate for “political demagoguery.”

Meanwhile, frustrated after the bill faltered, a Democrat senator Harry Reid said, “The bill we tried to pass today is based on simple common sense: to keep American jobs here in America… but Republicans continued their job-killing agenda today by protecting these tax breaks for CEOs who offshore American jobs.”

The majority senator claimed that Republican policies have cost 8 million Americans their jobs. ”We should stop forcing taxpayers in Nevada and across the nation to pay for giveaways that reward companies for sending American jobs overseas.”

Read more at: 

Therefore, wake-up its not a matter of national DEFENSE with FDI but matter of consumer defense!What a dichotomy of ignorant few opposing FDI, while everyone knows local middle-man openly steals 90% TAX using Black-money in deals/transactions in RETAIL sector and there are people calling them-self experts in various fields to to DEFEND against FDI.
 
Come-on, is there a WAR by india on Western Nations ?
while india is often seen pleading for technology upgrades to their military machines  from western powers, correct?
 
 
In this world of global-ization every nations has to step-up and go global, on one stage india is dying to play global role on the other hand it can’t permit FDI, what global-role india wan’t to play then? (poverty/corruption and population explosion, yes they are already playing this role)
 
FDI is the answer to have traders pay proper TAXES just like few other hard-working citizens pay taxes except businessman who we all know, are expert in dealing with BLACK-MONEY.
 
FDI gives equal-playing-field for all including western nations  who invest in TRILLIONS in india developing IT/OUTSOURCING business that has brought money to middle-class that otherwise was being exploited/looted/dictated by middle-man/local-traders.
 
Therefore, wake-up its not a matter of national DEFENSE with FDI but matter of consumer defense!

 



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