This man is truly trying to serve his country.. the question is whether the country needs any service anymore? **** He diagnosed the disease right, no technical rhetoric **** ______________ The governors warning against crony capitalism and oligarchies is a reiteration of his statements four days before the Lehman Brothers collapse in 2008. In a speech at the Bombay Chamber, Rajan had highlighted that India had the highest number of billionaires per trillion dollars of GDP after Russia. While excluding NR Narayana Murthy, Azim Premji, and Ratan Tata as deservedly respected, Rajan had said three factors — land, natural resources, and government contracts or licenses — are the predominant sources of the wealth of our billionaires. And all of these factors come from the government. bit.ly/1sLly0e
Posted on: Tue, 12 Aug 2014 05:44:36 +0000
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