The Government’s arguments in favour of bringing 51% FDI in retail are compelling. FDI brings expertise, corrects inefficiencies and brings down inflation. If world experts can help India’s retail, why not bring a similar ‘reform’ in our politics. 50% FDI, anyone?
In every constituency going for polls, a number equal to the Indian political parties contesting will be earmarked for overseas counterparts. This way, the electorate has a wider choice. Maybe, after losing once, the Indian parties will pull up their socks just the way the local kiranas are expected to do in the case of retail.
The best practices of parliamentary functioning world over will also be accessible at home. Imagine a Republican from US and a Labour Representative from UK winning a couple of Lok Sabha seats as a result of opening up of the industry.
Inflation in most developed economies is 2-4%. We will also get overnight benefits, innit?
One might have questions on national security and confidentiality. Let’s build a few safe guards like Home and Defence Ministries and post of the PM remaining with Indian nationals.
This will also help politicians derisk against currency fluctuations as the guy giving kickbacks and the guy using may belong to the same country and use the same currency .
What's more it will be 'one stone two mango' approach. This initiative will both be an FDI as well as an electoral reform!
In every constituency going for polls, a number equal to the Indian political parties contesting will be earmarked for overseas counterparts. This way, the electorate has a wider choice. Maybe, after losing once, the Indian parties will pull up their socks just the way the local kiranas are expected to do in the case of retail.
The best practices of parliamentary functioning world over will also be accessible at home. Imagine a Republican from US and a Labour Representative from UK winning a couple of Lok Sabha seats as a result of opening up of the industry.
Inflation in most developed economies is 2-4%. We will also get overnight benefits, innit?
One might have questions on national security and confidentiality. Let’s build a few safe guards like Home and Defence Ministries and post of the PM remaining with Indian nationals.
This will also help politicians derisk against currency fluctuations as the guy giving kickbacks and the guy using may belong to the same country and use the same currency .
What's more it will be 'one stone two mango' approach. This initiative will both be an FDI as well as an electoral reform!
