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Straight Angle™: Asia lives in fear and hope as textile quotas end
Thursday, October 21, 2004

Asia lives in fear and hope as textile quotas end 

Yahoo! News - Asia lives in fear and hope as textile quotas end
The real scenario thats gonna emerge would be something different according to an author (whose name I forgot) in his article in the Business World..He says this too would be of missed opportunity for India and we would loose out to China.. he gives the reasons as our concentration on the lower end of the value chain- while China manufactures Higher end suites, India is still in the Towel categories.. he also sites the pathetic state of Infrastructure in India and surprisingly I came across an article in Sify (without even the author's name) that says the "Golden Quadtrilateral" is a hell.. the article was full of criticism for the project on the grounds of pollution due to increased vehicle flow.. they want development without vehicles ie to say through waterways..I think the author has to be out of mental asylum...how can a country like India live with waterways..half of the country, there is no river with water and the remaining half has only shallow rivers... the natural environment has to be protected- no second thoughts about it..but what is the alternative?... it is easy to find fault with the current system, but it is very difficult to propose a new system.. one really ludicurous hypothesis in that article was that whenever there was mega road projects taken up in any part of the world, only the multi-national Oil companies have profited..this is an inevitable consequence... what will you do with 8 lane roads?.. drive bullock carts?

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