Saturday, March 14, 2015

Why India Is Poor

The reason India is poor, and has not improved since the British Raj was dismissed, is the British Raj was replaced by a Hindi Raj, a collection of Fabians and socialists worse than the British.

That is changing.  In the meantime the rest of the world has been denied the good of Indian creativity and competition.  Might be changing...
NEW DELHI: As part of efforts to improve its ranking on 'Ease of Doing Business', India today reduced the number of mandatory documents required for import and export of goods to three in each case. 
The move will also lead to reduction in transaction cost and time. Currently, around 10 documents are needed to fulfil the official obligations.
Who knows?  In the measure Indians give themselves freedom is the measure the rest of the world will benefit from Indian genius.  With freedom the pie just gets bigger, and everyone gets a bigger slice.

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