| Re: SHOULD INDIA OPEN ITS FINANCIAL SECTOR FOR FORGEIGN PLAYERS -
December 5th, 2007
Thank you for giving your opinion. As talked earlier, some feels that we should wait for opening our financial sector. Now the point is HOW LONG?
Everyday its highlighted in newspaper abt the turmoil caused because of rupee appreciation, is this not the right to time to open up. See from the point of view of jobs, India is losing is its low cost advantage and outsourcing business is moving to china, Malyaisa and some counties like Spain.
but to mitigate all these reasons is just one thing...IS RBI STRONG ENOUGH TO ACT AS REGULATOR in front of the lobby of large investors??
Please participate more in this discussion becoz...somehw our future is depenent on this upcoming sector
Regards,
Abha |