Salient to Investors: Jim Rogers writes: Millions of entrepreneurial, driven and smart Indians want to be abroad because unless they are connected in India, they won’t be successful. Less than 50% of Indians stay in school till their 12th grade. India has relatively few universities. Read the full article at
READ MORE... →Salient to Investors: William Pesek writes that Raghuram Rajan at the RBI has no control over what really ails India, namely: Politicians spending without accountability Corruption Government transparency The red tape that is deterring investment and strangling growth. Tax policies that limit revenue streams and encourage an explosion of startups
READ MORE... →Salient to Investors: Jim Rogers writes: India should make its currency convertible, end deficit spending, and free up the economy, especially agriculture. To open a retail outlet in India is tough for Indians but takes years for foreigners. In China, there are foreign companies everywhere. Read the full article at http://blogjimrogers.blogspot.com/2013/09/you-keep-companies-out-of-india-citing.html
READ MORE... →Salient to Investors: Jim Rogers writes: All Indian companies are successful domestically because of links with the government, but apart from two software companies, few if any Indian firms who have made it big in the international scene. Many Japanese, Korean, Chinese, Taiwanese companies are very big globally. Read the
READ MORE... →Salient to Investors: Jim Rogers writes: There are not many successful Indian companies outside of those associated with the government. In Singapore you see few Indian products, except for some restaurants and there are very few Indian brands that you would recognize outside India. Read the full article at http://blogjimrogers.blogspot.com/
READ MORE... →Salient to Investors: Jim Rogers writes: In 1947, India was one of the most successful countries in the world relative to others and as recently as 1980, India was more successful than China. India has some of the smartest people in the world, but does not have an education system
READ MORE... →Salient to Investors: Fareed Zakaria writes: The World Bank says that in 1981, nearly half of all world citizens were impoverished versus less than a fifth today. However 95 percent of the total global decline has to do with China, whose poor declined by nearly 680 million people in the
READ MORE... →Salient to Investors: Democracy being a problem may have credence in some Asian countries. When South Korea opened up, the people were rich and got rid of the government without ruining the country. Likewise Taiwan. But India has not been a true democracy since 1947 as the opposition has had just
READ MORE... →Salient to Investors: Jim Rogers writes: India should be on of the world’s greatest agriculture nations but is not because it is illegal for farmers to own more than five hectares of land, making it impossible to compete with someone in Australia or Canada. Every year, India comes up with more
READ MORE... →Salient to Investors: William Pesek writes: Another 1997-like Asian crisis is highly unlikely because exchange rates are now more flexible, foreign-currency debt is lower, banks are healthier, countries are sitting on trillions of dollars of reserves, and economies are far more transparent. The same can’t be said of 1994, when the
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