Financial Daily from THE HINDU group of publications
Tuesday, May 25, 2004
Financial Daily from THE HINDU group of publications Tuesday, May 25, 2004 |
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Opinion
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Letters A left-hand drive
This with reference to "It's left-hand drive on Dalal Street" (Business Line, May 24). The analysis of the task of reforms ahead of the new UPA government made interesting reading. Democracy sometimes can be a hurdle to strict economic reforms. But reforms, however hard they may be, will ensure equitable distribution of wealth. Take for example, China, a communist, semi-capitalist economy that has zoomed past a democratic, semi-socialist India. Although there are many complaints regarding the plight of farmers in China, the situation in India is far worse. The Leftists in India, shouldtake a leaf out of China's book. Arun Eashwar
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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