Thursday, September 14, 2006

BUOY YOUR ANCHOR, IT’S ROUGH WATERS

THE MOVE TO CHECK FDI FOR SECURITY THREAT HAS STALLED PORT INVESTMENTS; PRAY LET IT NOT STOP EVERYTHING
“No nation was ever ruined by trade,” is what Benjamin Franklin, one of the founding fathers of United States of America, oft en liked to say. It’s pretty much the same today. A country’s economic strength is increasingly being measured in terms of the Foreign Direct Investment (FDI) it can attract. Several countries, including India, are gradually relaxing norms to encourage foreign companies to set bases on their soil. However, there’s a gnawing worry: Are we endangering the nation in the process? Early last month, India’s National Security Council (NSC) Secretariat finalised the first draft of the National Security Exception Bill.

For Complete IIPM – Editorial , Please Click on IIPM-Editorial Link

Source:- IIPM-B&E , 2006

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

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