Following is an extract
from the Editorial in Times of India ( 20 April 2017 )
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Contrarian play: When others are building walls,
India should build opportunity and growth
Walls seem to be going up all around the globe. US President Donald Trump is
tightening the screws on guest worker visas such as H1-B, a move causing
concern to the Indian IT industry.
How should India respond to such walls ? Trade wars won’t serve its
interests.
If
India is to endure as the world’s fastest-growing large economy, it will not be
on the back of protectionism or economic nationalism no matter how much they
are trending globally today.
Instead our tryst with
destiny depends on reforms, liberalisation, deregulation, becoming a better place to do business…….
India has to turn others’ walls into its opportunities.
It’s becoming tougher for Indians to work abroad.
If that talent is looking to return here or stay on instead of emigrating,
let’s not waste these human resources.
Let’s innovate,
reform our markets, BUILD NEW BUSINESSES
and GROW NEW COMPETENCIES, which will even incentivise overseas corporations
and foreign workers to relocate here.
Question :
What NEW BUSINESSES ? What NEW COMPETENCIES ?
Answers :
·
OneUp on Donald Trump ? ( 15 Dec 2016 )
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·
TheMini Wall of Mexico ( 18
Jan 2017 )
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·
WillHolograms beat H1-B Visa ban ? (
31 Jan
2017 )
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·
CanIndian IT re-invent itself ? (
03 Feb
2017 )
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·
Killing Two Birds with One Stone ? ( 11
Feb 2017 )
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·
Idea whose time has come ? (
16 Feb 2017 )
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·
Wormholes across the World ? (
03 March
2017 )
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·
Back Factory of the World ? ( 09
Sept 2015 )
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20 April 2017
www.hemenparekh.in
/ blogs
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