The two addresses , one to the nation day before yesterday and one in an international conference yesterday, the Prime Minister Dr. Manmohan Singh has clearly expressed his line for aggressive reforms, corporate favour company laws and also labour reforms in the same way. It seems that he is definitely pointing towards an American mode of economy.
This is dangerous. The American model has resulted in 99% wealth concentrated in the hands of 1% corporates and financiers, as the “Occupy Wall Street” protesters have exposed. India is not America and that model will not suit India. The result of the American model has already resulted in austerity measures in Euro countries and their economies are crumbling. It is only the MNCs and corporates who have benefited.
India does not want american model. We want an Indian model suited to the conditions of India.Throw American model in the Arabian Sea.