18 September, 2020

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We Need A Make-In-Lanka Strategy

By Kumar David

Prof. Kumar David

Prof. Kumar David

Government bereft of concrete development ideas;We need a Make-in-Lanka strategy

It is disappointing that development options for Lanka are Pontius Pilate mantras; there are no concrete decisions, especially on the industrial side either from the government of the private sector. What are Pontius Pilate mantras? Washing one’s hands off and expecting others to deliver the goods. This government has three mantras it swears by; export orientation, the private sector as the engine of growth and foreign direct investment (FDI). In proportion these are needed but when the government is oblivious to what industries and services to emphasise it is like a blind man in a dark room. Today I will highlight some sectors for somnambulant leaders to think about when they awaken and decide to set up much needed planning entities – an overarching planning body and a few sector specific committees as in places as diverse as Singapore, India and Germany. The business led advisory committees the PM referred to in his address to the Stock Exchange are not bodies of this type.

First I repeat a warning of a few weeks ago in this column about mantras. Enhancing exports and encouraging corresponding production drives is desirable, but obsession with exports and FDI is accompanied by ideological baggage. The stock in trade is anti working class legislation or ‘labour market reform’ (easy firing, curbing trade unions and collective bargaining, hostility to strikes). Other items of ideological baggage associated with these mantras are low income tax rates to befit high earners but high indirect tax burdens on the common people, preferential or nil taxation for foreign investors and removal of capital controls. All this came in the budget presented last month.

Over- reliance on the private sector implies surrender to big business and neglects the interests and needs of less well-off classes. Apart from ideology there is the matter of the product mix of output which should not only earn profits for capital but also satisfy people’s needs. Lanka is weak in food security except rice and marine products; nutrition and protein deficiency is another concern; the dilapidated state of the national housing stock of the poor is a shocker. Resources have to be set aside to improve deplorable public education and healthcare. Colombo needs a suburban railway.

This budget does not chart a development strategy; it was a mere bookkeeping exercise, a reconciliation of revenue and expenditure – alleged creative accounting in the education vote aside. This is acceptable if elsewhere in the government’s action plan a policy framework, a strategy, existed. It does not! In advanced capitalist countries the budget is indeed only a bookkeeping exercise in taxation and balancing expenditure and revenue. Such is the bill US presidents send to Congress or British Chancellors table in Parliament. There are no directives detailing specific investments; these are left to the wisdom of companies. Lanka, in its folly has chosen this incongruent path turning away from the more sensible course that, for example, India (in the Nehru era and now under Modi), South Korea, Singapore and China pursued.

Make in India

Is Modi wedded to capitalist development? Well yes and no. Ranil’s oxymoron “social-capitalism” bears a caricatured but better fit to Modi than to himself. Modi wants changes which will delight business but he also pushes reforms that are needed whatever the system; overhauling the leviathan bureaucracy, cutting inefficiency and curbing the licence-raj. He has initiated a state-led drive that puts Lanka’s pussyfooting to shame. The centrepiece is ‘Make in India’ which seems to be paying off. India has overtaken China as the world’s fastest growing large economy in percentage rates; estimated at 8% for 2016 and set to rise to 10% in 2017. Absolute growth still lags China – the Indian economy grew $6 trillion in 2015, China’s $17 trillion since its economy is more than twice as large. [A curiosity: Even if A is smaller than B, if it grows at a sustained faster rate, it will always overtake B in a finite number of years]. Say India’s economy is half of China’s, but if it grows at 10% while China’s grows at 5%, it will overtake China in 15 years. In reality this won’t happen in the foreseeable future because such large growth rate differentials are not sustainable.

My motive for introducing Make in India (MiI) into the discussion lies elsewhere. Twenty-five priority areas are identified in MiI including: automobiles, auto components; biotechnology, chemicals, pharmaceuticals; IT, electronics, photonics; electrical manufacturing, green energy; textiles, garments, leather products; construction, railways, shipping, ports; tourism, wellness. I have picked those fields in which Lanka may be able to participate to advantage in some capacity. With the world’s fastest growing economy at our doorstep only a bloody fool will fail to cash in. The halcyon days when old regime crooks looted Chinese riches are gone, a new opening for business to rake in profit is opening up. Wonder whether our government and capitalists are smart enough to grab opportunity by the forelock? The upside is that if oxymoron-capitalism lays even modest economic foundations the crumbs will benefit the lower orders.

Sectors

Since the government, its ministries and its agencies are incapable of lateral thinking it is useful to enumerate options. I include areas suitable for stand alone local investment, areas that may attract foreign direct investment and some topics that can be linked to MiI. I included sectors good for private business or for public-private partnerships and possible joint ventures between the Lankan state and foreign capital, a trick at which China excelled in early Deng Xiao Ping years.

Optical products: This is not photonics but conventional illumination, fittings, shades and chandeliers. There is local manufacturing capacity already in place; quality and diversity can be pushed skyward. It is an export oriented field and with Indian upper and middle class lifestyles rising a new market is emerging. Illumination products are not high-tech and not difficult to replicate. There is potential for joint ventures with those Indian manufacturers who agree to part-outsource. This is a global growth industry, for example an entire town (Guzhen) in Guangzhou Province, China, is devoted to optical production. Guzhen’s eleven-story expo-emporium is a window into some 500 optical product manufacturers; it is a stunning display.

Photonics: My piece on James Clerk Maxwell – 15 November – dealt with linking into the infant photonics industry in India. India has only 25 photonics (light emitting devices, optical fibres, lasers, connectors, and components) manufacturers. Compared to China its capability is minuscule but domestic and export potential is sizable. If where China has gone is where India will have to go, the sky is the limit and Lanka can cash in as a partner.

IT, IoT and Data Mining: Lanka turns out large numbers of IT graduates, at various levels, in private colleges and universities. To save space for less known options I will say no more than complain that compared to other Asian countries we are making scant use of our IT potential.

IoT stands for Internet of Things (IoT) – products packed with sensors wirelessly connected, or via smartphones, to service and alarm centres, order spare parts, transmit alerts, enhance inventory control and assist supply-chain management. Software inside products talks to big or small platforms. This is a new game and there is progress at many levels – product, platform and communications. Most developers spin off part of the work to smaller software companies at home or abroad. Imaginative software houses in Lanka can make a bid provided quality is kept up. Government can help with promotional activities and exhibitions.

Data Mining – open-data availability is exploding in many countries including UK, Scandinavia, and now India. The size and number of databases coming on line is massive and can be used for GPS, mapping, transport timetables, tele-medicine, traffic monitoring, data logging and numerous other apps. Apps can also use proprietary software to tailor overlaying products for small and medium size firms. For example, locals allied to foreign development houses could undertake map-making and vehicle GPS for foreign, Indian and Lankan cities. The data is available; it is the overlying apps that are needed. We need to get into bed as subcontractors for established developers.

Health Tourism: Private hospitals have core facilities but a state sponsored health tourism programme is missing; for example coordination of health service provision with long-term stay facilities and tax collection. Even better, the programme can be predicated on a compulsory requirement that private hospitals open-up parallel medium or low priced outpatient, hospitalisation and surgical facilities for locals. Private hospitals are beyond the reach of the less well-off, hence currently they do not help reduce the huge load of public sector base hospitals – people need to queue up from 4am!

Food quality: Smart chopsticks check food at consumption; poor quality reused oil and other chemical indicators of deterioration are flashed by optical tools embedded in the chopsticks. Other personalised carry-into-the market devices bounce back light from, say an apple, to tell you its country of origin, sugar and acid content and state of ripeness or rottenness. The software is probably based on machine learnt neural networks. These are just two examples. The investment level is small, the market export oriented.

Arrack, cigarettes and the sin industry: China is the world’s largest cigarette market with an insatiable demand. How about repaying debt in cigarettes – ok not funny! Not only Scotland, France, Australia, Spain and Italy, but also newer Chile, Argentina, New Zealand, Georgia and Albania are into a huge wine and sprits market. What joy if we could capture 1% for our best arracks; we will be swaggering all the way to the bank.

Value added agricultural products: What about tea, cinnamon, fruits and our one time expertise in agricultural research? Thailand has superb quick-cooked-and-frozen sea food exports – shrimp, squid, crab and small to medium sized fish. The great benefit of this industry is its backward depth, meaning aqua cultivation. Conventional fishing cannot satisfy local demand so export success implies large scale aqua-culture. In China the visitor sees aqua farms as often as normal agriculture and in interior provinces with populations of tens of millions, no sea or river products are on the menu – it is all aqua farmed. Lanka with bountiful rainfall and lots of flat terrain is perfect for aqua-culture but the state has to take a lead role in encouraging small and medium sized producers in start-up and help in penetration of export markets.

Toilets: Modi is campaigning against India’s millennial tradition of alfresco crapping. The country is becoming a huge market for sanitary-ware and sewerage products. Lanka has firms in ceramic and sewerage related lines; excretion, no I mean expansion, is the name of the game.

I will sign off on this cheerful note. I have by no means covered all or the best possibilities and some of my suggestions may be infeasible. The point is that unless we start thinking in the concrete we will get nowhere.

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Latest comments

  • 12
    3

    “We need a Make-in-Lanka strategy”

    kumar david hails from india and is upset that hong kong is run by China so he does not see that exports trade etc are different accounting from mainland- You have not counted the 2 together to make this false statement.

    Modi ka Mal is over heating!

    China is on a 10 year local plan and its exports are the hidden investments worldwide. China had anticipated the prejudice of the world before it went into WTO.
    In 30 years of WTO none die of hunger related disease while Indians will produce more Nawabs and let 10000 die per day of hunger and hunger related.

    Chinese CNY is in the prestigious position moneda franca not the indian (Indian would try politics like its rockets in space- Indian rope trick.
    China refused Putin on Syria while India has a defense pact with Russia but can’t move its butt or buy a proper plane or sub.

    Modi swapped $1.5 billion with SLRs – So you can expect only Hindians to make in Lanka if they so decide (This was against the wishes of RBI Ragu who is fighting inflation)

    Kumar is on to another Common Candidate legacy that Lankans are living.

    • 2
      0

      Good one Kumar! Many thanks. The lack of development strategy for Lanka is due to BAD GOVERNANCE, with 90 STUPID Ministers there is total policy fragmentation and disarray. These fellows consume massive funds and are a drag on the country. We are in an age where the big fight is the PEOPLE VS. the STATE. Ethnicity and religious conflicts that corrupt politicians use are to DIVIDE, DISTRACT from political corruption and RULE the people.

      1. Sri Lanka needs an integrated ENERGY and ENVIRONMENT Ministry and develop and ENERGY POLICY. We needs to be exploring and investing in R and D for Solar and other clean energy. Junk the the Coal power plants. The climate change summit in Paris has placed the need for clean energy on the table and Lanka is well placed to join Modi’s solar energy sprint and should say NO to more Coal power white elephants from India and China in Sampur.

      2. The government needs to do quantitative easing for affordable housing and public transport infrastructure. Building good housing for the middle income families and public transport will boost the economy.

  • 7
    4

    Sri Lanka could have been a Hong Kong or a Singapore. SWRD made sure that it will never happen. Since then the successive govt lacked the economic vision and wasted their energy on Tamil bashing. Sri Lanka’s export is cheap maids to the Middle East.

    • 0
      0

      After SWRD”s his wife Madam B and thereafter JR Yankie Dicky continued the trend like a relay race with Bandit Queen taking over and handing the baton over to MaRa who took it with assistance from LTTE supremomVP and now it continues under Yahpalanaya My3 and Ranil.

    • 1
      5

      Rajash

      Stop telling speculative stories about the past. Think about the future and rationalise the issues.

      Look at Mahinda Chinthanaya and expand on it. Mahinda Chithana is so much better than Carl Marx’s Das Capital. During Mahinda’s time Mahinda Chinthana worked.

      Even fish rain were all over. Tones of fish washed to the shores. Grease Yakka made the people to be vigilant and strengthen their wealth. BBS energised the people by keeping the Muslims on tab. Wimal Weerawanse was the messiah to promote the Mahinda Chinthanaya. Roads, bridges, factories, gambling dens, white vans, hotels for prostitution etc., etc., are tasks that no government could achieve in the past.

      Mahinda Chinthana if prevailed would have made a big difference to Sri Lanka and challenged the world economically.

      Darling Rajash, you must write factually like me. Don’t play the copy cat old strings. I have to give you some lessons in common sense and teach you to write properly with my American degree in English.

      I love you darling. Don’t get upset.

      • 4
        3

        Lurking Nirmala N of the Tiger Corps,
        “Stop telling speculative stories about the past. Think about the future and rationalise the issues.”

        “During Mahinda’s time Mahinda Chinthana worked. “

        fortune teller with a biased attitude.
        Why don’t you buy the national lottery and win??

        Mahinda tried to punch his parents with a yellow submarine and he was stung by a jelly fish. Here we go

        • 0
          0

          tika

          You are another tokka.

          Have you forgotten the historical fact of oil oozing during the Mahinda regime to be sealed off by the Maithiri govt. If Mahinda was elected in Jan 2015 by now we would have exported oil.

          You have no visual thinking and living in the cocoon to criticise my wholehearted faith to Mahinda Chinthana.

          • 0
            0

            Before villagers- you or Gota knew how to dress I was aware of Colombo Harbour- all its cranes etc.fortunate scamp of karava kattu.

            Gota nor his pseudo marine engineers knew the thermal/waterproof coupling so he had to pay for that coupling twice over to Italian. He could have purchased from it from Bombay – manufactured by Catholic priest like Father Ignatius of Lucia’s cathedral with electronics.

            Gota shot himself in the foot in a yellow submarine- I love that song especially when I cross abbey lane zebra.

  • 1
    2

    This is what Batalanda Ranil said in Parliament the other day.

    “If not for my uncle Junius, there wouldn’t have been a Gamapaha today” Hansard last week…

    It must be in his genes too. I mean this Development bit ..

    Otherwise Batalanda wouldn’t make a big ass statement in Yahapalana Parliament, that he is going to make us the richest nation among the Aboriginal stock in South Asia. in 2035.

    He must have super duper plans to deliver these goodies in instalments because his is a 30 year plan , unlike our neighbours Indians, Chinese and Indonesians who rely on small alans of 5 year terms.

    And Batalanda has a Whizz kid of all Economics, specializing in burrowings in particular, Mr Singapore Mahendran in the Driver’s seat to drive our Economic and Development train to 2035.

    My Elders tell me that Batalanda Ranil’s new buddy Rajitha’s son who was hand picked by Ranil himsel to represent the Gamapaha citizens will be around in 2035 perhaps as the PM if Bodi Sira and Daham Sira and Kumarantunga babies retire before that.

    Wonder how old the Singaporean is?..

  • 2
    2

    With our worsening trade balance there is no choice but improve exports.

    Unfortunately our big private sector boys oher than one or two large companies do very little manufacturing or exports. They are are all service providers and importers.

    Thank god for Premadasa we have a few large world class apparel manufacturers who can compete with any one.

    Beyond that our manufacturing sector has not progressed.

    • 7
      2

      “Thank god for (pavement) Premadasa we have a few large world class apparel “

      sex appeal??

      It is typical of a man- made and man-ruled society that women are stripped for commercial exploitation and men almost never, outside a few acrobats.

      largest export item- tea indian tamil women.
      next Garments – women

      what next, for the bestiality breed??

    • 9
      1

      just say housemaid- sexslaves in the middle east.

      buruvas of the island living of woman.

  • 2
    0

    Professori
    We will never make-in- Sri Lanka. We are lotus eaters. In the private sector how do we value the Companies. What agencies they hold. Engineers whom you taught have gone abroad and making things there. One of your star student is owning a company in US developing embedded software for satellites.
    Ranil is only interested in bringing Indians to do IT. So much for make-in-Sri Lanka. Probably he is following Modi literally. Make-in-India
    If you make in Sri Lanka it may be difficult to get commission. Lotus eaters and commission people can not make-in-Sri Lanka.
    Dollar should be around LkR 200. Hiring and firing which is agasinst your gut feel should be made possible. Then lotus eaters will change

    • 5
      0

      “One of your star student is owning a company in US developing embedded software for satellites. Ranil is only interested in bringing Indians to do IT.”

      Globalising world does not respect national boundaries be it Capital, Labour, land, entrepreneurship, technology, markets, diseases, environmental disasters, crimes, …… corruption, migration, or any other damn thing that you consider sacred including sovereignty.

      You ought to ask yourself a question, why these able, trained, skilled men and women are leaving this island in draws and making it good elsewhere.

  • 0
    0

    Hardware,steel corporation needs to be revitalized. IDB and CTB workshops to be expanded. This is the base for import substitution and exports. Contact with India and expansion of SAFTA is necessary.

    • 2
      0

      Hardware,steel corporation- both were russian discards purchased by kussi amma sirima;
      what a disgrace it was 2 rods of tor steel at a time.
      From 1980’s New Zealand produces the alternative to tensile steel – nylon 10 times its strength used for construction.

      `IDB and CTB workshops to be expanded.`
      Ceylon Tagaran Bus
      Ashok Leyland is good for Lanka conditions- they sell packages for assembly.

      What I can never understand is that this Sinhala Buddhist Island has been sleeping with the Japanese from 1948 and Japan has been the highest aid giver?
      Can you enlighten us on that please??
      Its the people who make a nation not the politicians.

      Unlike 83 When we had London riots it was stopped instantly and rehabilitation has taken place and its ongoing for some but their freedoms have not been taken away.

      All these world experts who predicted that development can paper over the effects of war like Marshall plan did. Today they are in hiding.
      Germany and Japan hit first and in their soul they regretted it so they have developed.
      If you don’t reconcile then take in 5 million refugees from Syria and forget the tamils. Remember Apple founder Job had a Syrian father (from Homs where the bombing is going on) and American mother and the day he was born he was handed over for adoption to a British couple.
      You have so many resources for new tech but you don’t know. Still your rubber goes to China and you import Tyre’s.Chinese got hit with tyre tax by Obama and the Chinese are making it at Venezuela and exporting to USA now.
      When you fight internally you disturb neighbours Hindia is not going to sleep and you wake up Porkistan China etc etc.It won’t die for a generation unless you work it out. But your rulers are Warlords riding high afraid of own shadow.

  • 0
    0

    Professor

    Any hope for an ethanol-based industry? 100% home.

    Truth to tell, I am asking on behalf of a shy friend, very high up in the food chain, but always looking for ‘opportunities’.

    Nudge! Nudge! Wink! Wink! Know who I mean?

    • 0
      0

      Try electric car battery operated.
      Chinese are converting it at home- a simple operation.
      While UK has points of charging on the street.

      Ethanol and you wont have the food for human consumption.

  • 0
    3

    Kumar David is now in full boom of his political theses that surrender our national political, economic and social sovereignty to Indian big bourgeoisies of hegemonies and while that US military intervention and capital domination which majority Sinhalese race suppressed by foreign power.

    Well done that David also new broker, which that change of power regime and other called for the “November Revolution” of political coup organized by UNP of Ranil.W… CBK- Neo Liberal SLFP, TNA, JVP and diasporas of Tamil are enjoying state of center change into
    the hands of western power backers ruling center in Colombo.

    In fact that is why, David architecture new bunch of proposal put forward by Neo -liberal political power shifted that to Indian and US unholy alliances between unanticipated, “corporate governance or good governance” of Indian & USA union “Political Democracy”.

    Therefore this is political and economic union nothing else is unholy alliance between US and Indian multi-national corporations dominated Center of Sri Lankan state; allowing business get away creating a form of so-called ‘democratic regime’ ( currently in power of UNP, JVP, TNA &SLFP -CBK alliance)for the select and pauperism for the majority Sinhalese people.

    Many majority Sinhalese Sri Lankan mistakenly believed that the Western dream flows inexorably from an unhampered FREE MARKET and they closed their eyes to the long history of US and Indian corporate -government collusion ,that the very truth hide by Kumar David politics of ‘development of democracy’.

    The David of Kumar and Company left with that we Sri Lankan is a strange paradox. In the line Democratic thinking of the majority people of Sri Lankan want to keep its hand out of the government arena ,but current political parties and oppositions classes is unwilling to mobilize sufficient public response to end the current UNP led practice of private foreign interest buying elections and directing citizens taxpayers money to their pet commercial projects and their company vital interest.

    Indeed David blind on that UNP led junta regime, MS and CBK SLFP neo-Liberal are target change upside down national economy ,we are likely doomed as a nation.

    David proposal are NOT that bourgeoisie revolution of a different in nature ,that is an open to US and Indian MSN’s corporate transparent collaboration between current regime in power ,business civil society which represent the interest of few old bourgeois power not that public engagement of economic sovereignty.

    Kumar David now just one of that belongs to corporate elite.

  • 1
    0

    “We Need A Make-In-Lanka Strategy”: Better said than done. Last week I bought a “Sprats Badun” (Halmessang Badum) packed in a plastic bottle ready for export with a label containing all the details of contents, weight,nutritional facts, manufacturing and expiry dates and clearly stating “Ready for the Table”. I wanted to send this to a friend living abroad. Anyway, before “exporting” it, my wife suggested we should taste it. What did we find inside? This “175g Net Weight” container was filled with “fried onion” with only a few fried sprats. I would say at least 95% of the container was filled with fried onions. The other product we bought was “Seeni Sambol” and true to its name it was “Seeni” (sugary)with other ingredients. Just see what our so called “local entrepreneurs” are doing to our age old, mouth watering delicious traditional food items. I do understand and admit that these food items be made less “spicy” for the export market having considered the end user; but not at all to “hoodwink” them by reducing the proportion of the main ingredients. This simple example goes to explain the “mentality” of our local producers that needs to be “Revolutionized” if we are to succeed in our attempts to “Make-In-Lanka” a success.

    • 3
      0

      Douglas

      “This simple example goes to explain the “mentality” of our local producers that needs to be “Revolutionized” if we are to succeed in our attempts to “Make-In-Lanka” a success.”

      A few days ago you wrote the following:

      “until some change takes place within me. Till then I will live in Peace and Unison with the rest of the “Living Beings” and the “environment”. That way of life, I believe is good for the STATE too. So please don’t dither.”

      Douglas
      December 12, 2015 at 5:25 am

      What made you dither in less than 48 hours? Has your living in peace and unison gone with the wind after being hoodwinked/conned by your local producer?

      Now you are being hopping mad.

  • 0
    1

    It was Rajiv Gandhi , I think around 1989 liberalised and opened up the Indian economy for Foreign Direct investment. Until then India had a ban on imports of foreign products. However India had a strong manufacturing base producing its own cares, motor bikes, electronic products, pharma products etc. Due to this there was a strong local knowledge pool and management capability already available in India..

    When Rajiv Gandhi liberalised the economy that open the flood gates for FDI.
    Today Chennai is the Detroit of India, all the major car manufacturers have a manufacturing operation in there. Bangalore is the Silicon Valley of India. Chennai, Mumbai, Pune all have there share of call centres and Software Park.
    Have you heard of a place called Noida.? This was a sleepy town north on New Delhi today it’s a big Industrial complex.
    India has world famous Captains of Industry, Ambahnis, Vijay Malay, Modi’s, Hindujas name a few , mbacked by their financial muscle

    There are few good manufacturing companies in Sri Lanka, but Sri Lanka lacks the knowledge pool, leadership, captains of industry, to tip the scale as a major recipient of FDI.

    • 0
      2

      Correction
      …producing its own cars..

    • 2
      1

      I would like to add it took India 25 years to get to where they are now. There is still a long way to go.
      Sri Lanka need to plan long term, Made in Sri Lanka is not going to Happen overnight. That means investing in education and in young children
      Sri Lanka need to first bring about an atmosphere of “we are all Sri Lankan’s ” NPC CM wiggy included.

    • 0
      0

      It was Dr ManMohan Singh the economist.It was he who invited Ragu when the Yankees belittled him. Both he daughter and wife were the first to visit Sri Sri Srinivasan when he was made circuit judge of Dist court Columbia and is tipped to be Supreme Court Judge in 2016 (the Enron defense)both Rep and Dems backed him.

      “Today Chennai is the Detroit of India,”
      The first to arrive at Detroit with the war 1946 were 2 Brahmin engineer brothers from Thambaram Madras. They have their ranch and palatial home- their children are even bigger names.

      “Have you heard of a place called Noida.?
      I have inspected that in 1980 and just last week spoke to a tech who happens to work there and live in the Apartments i lived- Tara Apartments (Charles Corea famous design) Speaking to him he laments they don’t have the machinery to make quality to equal China – graft governments)

      Hindians live and grow on bank funding with high interest.
      Chinese borrow from little people and grow. China grew because of immediate investment from Taiwan, Korea japan just after WTO plus Chinese like to to gamble and leave the rest to heavens unlike Hindia and Lanka.- truth is bitter.

      • 0
        0

        “It was Dr ManMohan Singh the economist”

        Liberalising the Indian economy was the brain child of Rajiv Gandhi. Man Mohan Singh accelerated the foundation laid by Rajiv.

        “Have you heard of a place called Noida.?
        Speaking to him he laments they don’t have the machinery to make quality to equal China .

        Most of the multinational car companies make SKUs in India, export them to their assembly plants in the west.

        “..to make quality to equal China .”
        China may be ahead in certain manufacturing sectors, such as Electronics and plastic based products.
        India have a heads up in IT.
        so there you go …

        • 2
          0

          Harami, Rajash, Nirmalam

          Facing foreign exchange crisis in 1990, it was Narasima Rao who as Prime Minister decided to liberalise Indian economy.

          Manmohan Singh as Finance minister assisted by P Chidamparam Minister of Commerce did the ground work.

          • 0
            0

            Native
            I beg to disagree
            Rajiv Gandhi was PM from 1984 to 1989
            Followed by A short spell in office by VP Singh and Chandrasekhar Shekhar
            Narasimha Rao held office for about 5 years from 1991.
            It was the idea of young Rajiv Gandhi to modernise and liberalise the Indian Economy.
            I was in India during his tenure as PM working on some international collaboration. Rajiv set the economic vision for a liberalisation

            • 2
              0

              Rajash
              “I was in India during his tenure as PM”
              He was a reluctant pilot who was seduced by a waitress and did not know what and how to do. Like Sanjay ( i was at ND there when his chopper crashed and when LTTE killed Rajiv)

              Now TATA the Parsi favored by europeans and Indira is India’s number one at industry.
              TATA cant make cars to order and never did- Priest son Gordon Brown gave away £3 billion and handed over Range Rover and Steel.(G Brown asked the brits to shut up and put up- about the free money)
              Like the Opium TATA took the Rover to Chery Auto China and its doing wonders.
              The Chinese want it all and Cameron has seen it just after CM meet Colombo.

              Right now TATA UK is making all the steel staff redundant in batches.
              remember the new man is a civil engg. One cannot get a promotion unless you have the blood- original Aryan the Iranian- ask any Indian Tech from IIT.
              Parse did the first asian floating dockyard at Hong Kong as if others did not know- ask Kumar David.

            • 3
              0

              Rajash

              Please take note of how much liberalization Rajiv wanted and how far he was able to go.

              Is there a connection between his premature death and events that followed on fast track, freed Narasima Rao to liberalise the economy lock stock and barrel?

              Rajiv refused to go the whole hog and was interested only in tinkering the economy than restructuring it.

              This is what I learnt from my Elders. They can’t be wrong given their history of observing South Asia over a long period of time.

              You are free to throw some counter arguments with evidence.

              • 0
                0

                Rajesh, Native Veddha,
                Native is right yet again.
                Read this book its out it would help you understand Hindia better.
                Amazon
                To the Brink and Back: India’s 1991 Story Hardcover – September 1, 2015
                (they are both on the cover not rajiv who never passed at Cambridge like Brother Sanjay)
                BOOK EXCERPT: …after a decision had been taken to devalue the Indian rupee, Manmohan Singh had written to Narasimha Rao. He was worried that his personal rupee balance, born out of modest dollar savings, would swell. He informed Rao that the ‘windfall’ gains would be deposited in the Prime Minister’s Relief Fund.

                1991 was India s Greece moment . It faced an unprecedented financial crisis against the backdrop of political uncertainty and crumbling investor confidence. On 21 June 1991, P.V. Narasimha Rao became prime minister and appointed Dr Manmohan Singh as finance minister. In less than thirty-five days, the Rao-Singh duo ushered in momentous changes in economic policy those that transformed the country.

                To the Brink and Back is the first account of the weeks of fast-paced change, narrated by an insider a key aide of the prime minister, uniquely positioned both to participate and observe. It carries brisk accounts of the early days of survival; the compulsions and convictions that propelled a paradigm shift in India’s economic policy; and the ups and downs, twists and turns in the saga of fiscal reform.

                Along with the author s astute insights, the book holds key documents and notes, placed for the first time in the public domain; the personal papers of Narasimha Rao; private conversations with Manmohan Singh; Parliament proceedings; and the minutes of seminal Congress meetings. Coming as it does on the eve of the silver jubilee of India s economic liberalization, To the Brink and Back will appeal not only to political history enthusiasts but also to those who wish to know how countries can be led from the brink to a radically new economic future.

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            It was in 1990 that Indian decided to buy patent rights for engineering plastic to manufacture bumpers for to replace the ambassador car’s steel fit for India cost $2 billion. Hindia is not getting FDI because it is used to sitting on the money box like Ambani living in the slum.
            China got theirs first from Taiwan, Korea and Japan. now the Germans are once again reciprocating after WW2 by introducing Robotics into China the future of Europe. As usual finally UK/US governments wants to crawl in but control China too.

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          Rajash,

          regarding your question of how much housemaids earn i recon 1 billion.
          Linda and Hilmy Carder says- sorry I delayed it but had it the same day.
          1. Worker remittances are Sri Lanka’s number one foreign exchange earner and it grew by 9.5% to US$7.02 billion in 2014 from US$ 6.4 billion in 2013. Middle East contributed around 55% of total remittances (US$ 3.85bn) although its proportional share has been on a declining trend from about a high of 60% in 2010.
          8. In the year 2013, the highest number of women who sought domestic work (Housemaid/Domestic Housekeeping Assistant) of 12,433 migrated from the Kurunegala District, closely followed by the Kandy district with 10,754. This is according to data from the SLBFE.

          From what has been presented above, it is clear that determining the amount of money remitted by housemaids in Saudi Arabia per se. is a strenuos task.
          more read
          http://nation.lk/online/2015/12/13/telling-tale-of-deserted-maids/

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          “”Most of the multinational car companies make SKUs in India, export them to their assembly plants in the west.””
          They assemble they don’t make . Suzki never made it all but imported most components even today. Patent rights are expensive even China did not buy the patents for computer chips from Taiwan so it has to go to Taiwan for testing.

          Yesterday Japan released the New Toyata at Japan made for India only Toyata Pirus.- go fetch economic times of India.

          It can have heads but they are still corrupt to the core- they buy and sell.

          Indian mentality has not changed- from the 70’s- I used to take even underwear for batch mates to calculators while they struggled with old slide rulers.

          It’s all Bollywood camera tricks- and British Colony Confidence.

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          “India have a heads up in IT. so there you go …”

          With Hong Kong Chinese entering Canada legally the Indian IT experts camping are finding it difficult. Who confirms this but Indian Origin Canadian Director of European multi national company – The Chinese beat the Indians at Maths any day and in one year they master their English.

          Its the politics of being a former colony yet a defense pact with Russia.
          1/2 billion speak Hindi and 1/2 billion speak English worldwide.
          1.2 billion speak mandarin. So they join hands with UK/US to ridicule China. but when it comes to war games they hid under their woman’s skirt like lankans.
          don’t fall into the hindi rope trick trap-

          IT Infosystems (TATA first the Info Sys) CEO begged of China company to let them manufacture the connectors but they were refused then the man resigned as CEO as even Manmohan could not help.

          Ambani places orders in blocks of 10 billion- buy and sell.
          Like Chandi Chawk they would buy from China and stamp it Made by India during Modi era.
          Hardware does not fall because you are software expert but carries patent right which runs in billions for small things. Y
          Check this out you like it 1 min answers (Ultimate4Trading) free software until folk like it then they would buy.Its for stock market buying/selling. If you make it you win.Chinese are not behind School Teacher Ma is is the richesto of china and property developer Hong Kong is richer than him- check Forbes.
          Pharmacuticals they lead and China needs it but they are not getting.

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            Harami

            Prof.Kumar is not comparing India v China.
            He is suggesting Make in Sri Lanka in the Indian model.
            There is no heck of a chance of that happening.
            India bashing is a good pastime.
            Hedge funds coined the phrase BRIC economy. I am sure you know what it means.
            Sri Lanka exports maids to serve the prick economy in the Middle East

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      Rajash

      ‘It was Rajiv Gandhi , I think around 1989 liberalised and opened up the Indian economy for Foreign Direct investment’. You are wrong.

      It was the first BJP government that liberalised the Indian economy.

      I have told you to be careful and mindful when making comments of such importance.

      ‘Today Chennai is the Detroit of India’ – How come you compare Chennai to Detroit. Detroit is a bankrupt but Chennai is the second largest economy of India.

      You are very lackadaisical these days and almost every issue you touch on are boomeranging on you. This is not good for our team work.

      I love you darling. Be careful.

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        Nirmala N
        He spoke because the pioneer indian at detroit were brahmin indian tamils.

        “”Detroit is a bankrupt but Chennai is the second largest economy of India. “

        1 Maharashtra ₹14.76 lakh crore (US$220 billion)
        2 Uttar Pradesh ₹8.63 lakh crore (US$130 billion)
        3 Tamil Nadu ₹8.54 lakh crore (US$130 billion)

        But the mayor is developing the state at a speed that stuns every American. Where is that money coming from and for what but the future.
        Go fetch…what does Douglas know about cowboys?? Does he know to ride a horse like a gypsy or red indian??

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    Native: Yes I did say it; but in a different context. You failed ( I believe) to get at what I said and in what context. For your information, that realization will not be applied to live in “Peace” and “Unison” with any type of “Crooks” and “vagabonds”. Period and Thank you.

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      Douglas

      “Yes I did say it; but in a different context.”

      Isn’t it about principled position? Would it change under different context or under changed circumstances?

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        Native Vedda ,
        Water Management and Bureaucracy – just out with pics.

        Chennai floods: The day city went under, who did what — and who did not –
        Here’s what happened over four days of the flooding of Chennai.
        The days & nights before
        All the reservoirs that cater to Chennai and its suburbs were empty before Diwali. Consistent rains started on November 8, lasting a week, and were followed by another spell on November 23, which was not forecast. By the end of November, the level in the reservoir had reached its limit. Water in the Chembarambakkam reservoir — one of the city’s main water sources — stood at 22 ft at this time, against its capacity of 24 ft. Official data shows outflow from the reservoir, into the Adyar river, as 900 cusec then.
        – See more at: http://indianexpress.com/article/india/india-news-india/chennai-floods-the-day-city-went-under-who-did-what-and-who-did-not/#sthash.eJwoOqLW.dpuf

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      “” I wanted to send this to a friend living abroad. “”
      In the west we buy `Brand`- Stick to MD its still the best quality.
      Ambulthiyal ..Fish is out of stock even with wholesalers UK/US Canada for several years and mostly made by small timers (wouldn’t touch we see;)
      Sometimes we find the MD product in the Indian or Supermarket Chain online.
      Your safety packing would cost you- glass.

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    All these budget proposals seem to be based on the Groth model which is exploitative of the masses and direct surpluses to share holders in corporate sectors,local and foreign. What about encouraging a sustainable model of development?

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