INDIA - moving in the right direction!

A few days back, one of my friend sent me a link to his blog article, and that provoked me to write this response. I would suggest you also read his article, as (a) he's a better writer than me, and (b) the article is thought-provoking.

http://timesofindia.indiatimes.com/NEWS/India/Baglihar_cleared_India_has_its_way/articleshow/1600876.cms

Small, but effective victory for India! Just read the above article yesterday, and wanted to share my happiness with all swadesi’s. So finally, India had a so-called “diplomatic” victory over Pakistan, of course by virtue of World Bank’s intervention. However, World Bank did base their decision over the facts part of which were always part of the treaty between India and Pakistan. Oh, and our neighbors still think they were victorious. Also found this article (http://www.dawn.com/2007/02/13/top1.htm) on the critically moronically disclaimed Dawn, which states that India lost and Pakistan won. I thought the whole argument was on the fact that Pak did not want India to construct the dam, and just kept postponing the construction by raising issues. Anyway, finally, like the always crying kid who runs to "mommy", Pakistan had to go out and seek World Bank's help while India did refuse their intervention. And the verdict...well we know that! Not only did we get the nod to construct the dam, but we can also use the latest technology to build the dam.

I also read an interesting article on Vodafone’s controlling stake in Hutch (Hutchison Essar the Indian mobile phone company) http://www.iht.com/articles/2007/02/12/business/voda.php . I say interesting because of the statistical data provided on the cell phone usage in India, and its staggering growth every month. I couldn't believe that 6 million new cell phone subscribers are added every month in India. And mind you Vodafone is the biggest revenue making mobile operator in the world. So if they have chosen to participate in the Indian mobile phone boom, I’m sure they have done their homework.

So, in the last couple of months we’ve seen Tata Steel’s acquisition of Corus which will make it the world’s fifth biggest steel company, we’re seeing Birla’s (Hindalco Industries Ltd) acquisition of Novelis Inc (US based Canadian company), which will make it the World’s largest aluminum rolling company, and now Vodafone’s stake in Hutch. Though the last one might not be something to be very proud about, as the company now holds stake in our company, but nevertheless it does tell us that other leading companies are interested in our "growing economy".

No matter what some knowledgeable illiterates criticize and write about our country and our economy, we are on our way to becoming a "powerful nation". I sustain myself from using the word "super power" because that word has been misused a lot and has lost its value due to a country and its political leaders. A country which doesn't know the difference between war and peace, or development and destruction anymore; a country which has too many problems and issues in its own democracy, but rather chooses to "liberate" other countries on "humanity grounds". Any guesses people?