India to bleed its poor & middle class?

Posted: November 9, 2011 in Uncategorized

Let’s just say it’s the same all over.

The government of India is moving to create a “modest” sovereign wealth fund — using public funds to bolster private investment in overseas resources — as the nation has become dependent on foreign oil.

S. Murlidharan argues that corporations and private companies (often essentially owned by investment banks–thus corporations) should not be recipients of public money.

What an idea.

Read more at the Hindu Business Line.


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