You should read more on how the world works. Do you think the developed nations are any different. A very small percentage of people control very large percentage of stock market
Even the longest journey is started by taking one step at time. How do you think we will finally match the stage US is in, if we don't travel the entire road. Do you think there are shortcuts? Please do tell us. We would definetely would like to skip 60s, 70s, 80s, 90s and jump straight to 21st century!!!!
What are you talking about. To me it makes perfect business sense as well. There are no doubt political adavantages to it. But would you rather have this or "gharibi hatao" (remove poverty) slogan others have been using for quite some time.
Imagine the technogolies that will come out of this venture. Look at open source developement. So many new tools come out while developing something else. Imagine the satellite launch market. I would rather plant one seed I have and stay hungry for some time until I have tree which will provide continous supply. If I eat it today, tomorrow I will have to go begging again(World Bank, IMF, etc..).
I think post is best so far. I personally believe that handouts does not go too far. Even a richest country will drain itself out if it believes in handouts. I agree, and I think every Indian agrees that India has immediate problems to be solved. But that does not mean everything else has to wait. What if, when India started IITs the same reasoning is used. And instead, that money is spent on providing free food. Where would India be right now?
You should read more on how the world works. Do you think the developed nations are any different. A very small percentage of people control very large percentage of stock market
Even the longest journey is started by taking one step at time. How do you think we will finally match the stage US is in, if we don't travel the entire road. Do you think there are shortcuts? Please do tell us. We would definetely would like to skip 60s, 70s, 80s, 90s and jump straight to 21st century!!!!
What are you talking about. To me it makes perfect business sense as well. There are no doubt political adavantages to it. But would you rather have this or "gharibi hatao" (remove poverty) slogan others have been using for quite some time. Imagine the technogolies that will come out of this venture. Look at open source developement. So many new tools come out while developing something else. Imagine the satellite launch market. I would rather plant one seed I have and stay hungry for some time until I have tree which will provide continous supply. If I eat it today, tomorrow I will have to go begging again(World Bank, IMF, etc..).
I think post is best so far. I personally believe that handouts does not go too far. Even a richest country will drain itself out if it believes in handouts. I agree, and I think every Indian agrees that India has immediate problems to be solved. But that does not mean everything else has to wait. What if, when India started IITs the same reasoning is used. And instead, that money is spent on providing free food. Where would India be right now?