This is penalty for GOI sleeping.
India pays a high price and China benefits from India's lethargy.
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Intel bypassess India, goes to China, Vietnam

New Delhi, PTI:

World's largest chip maker Intel said its decision to bypass India for setting up a semiconductor manufacturing unit was on account of the government's delay in announcing a policy for the sector.

"We were in serious discussion for chip manufacturing in India but the Government was a bit slow on semiconductor manufacturing proposals," Intel chairman Craig Barrett, who is on his ninth visit to the country, said here.

Barrett justified his decision to go to Vietnam and China by saying "to set up a manufacturing base, we do planning years in advance.. the China and Vietnam plans were made much earlier. As the Government was slow in announcing the policy, in the window period we went to these two countries".

But the Intel chairman had a future assurance for India.
"Past is past.. India is high on our list of future manufacturing destinations if we require additional capacity", he said.

Country loses when govt holds back technology.
In a candid observation, Intel Corporation Chairman Craig Barrett today said that if a government tries to hold back the implementation of any latest technology, then the country and its people lose.
The observation comes at a critical time when the country is yet to arrive at a consensus on telecom spectrum allocation which would lead to implement technology such as Wi-Max. Wi-Max could offer wireless Internet connectivity to a wider area of the population in an inexpensive manner.
"In Silicon Valley, we have a saying if you ever try to hold technology back you lose. I think the same can be said by governments and nations as a whole that if you ever try to artificially hold the latest technology back the country loses, the citizen loses just the way the private industry does," Barrett, said.

Ya, this we had such discussion earlier where our so called DEMOCRATIC leaders hold back technology from coming to the country at right time.

Ya.. WiMAX is a promising technology but its spectrum is being occupied by our defense institutions.. though it can still work but best efficiency can be observed only at the required spectrum but our Govt. is not quick enough to take decision. Sure we are loosing here..

The GOi should know how to organize their various ministries so tat all work together for the quick action to all problems.
Instead right now, all ministries are not co-ordinating properly with each other or they are too slow.
The world will not wait for India. Thats what India must learn first or it will continue to lose and lose and miss the bus always.

Thats just coincidence that few days back I was discussing that what could be the best way to facilitate cheap yet reliable internet in India, aDSL is fine but it is cluttering the things.

Main problem is of co-ordination, every dept. work on its own, first PWD constructs a road then waterworks department digs it..

Always one thing came up that we do not have proper planning.

it is true since 1947

We need to redefine our political system as look at US or Russia people chose president directly and president has nearly infinite powers. Same in China military control of communist part has infinite power. This brings aggressiveness in implementation and expansion policy and to be best.

While crippled Indian political system where you till end do not know who will be prime minister and he is also so bound by clutches of so many regional parties who do not have any national agenda.

India is required to have direct prime minister Election and regional parties should not be allowed in parliament elections. National parties can have coalition with regional parties and put candidates under national party banner.

one cannot compare India with other countries like Pakistan, China, (why even Malaysia, Singapore, Maldeves, etc.,

Our system which we have embraced (whether rightly or wrongly - a debatable question) will not allow India to go with line as of others.

we are looking at a small part of China where FDI is permitted and comparing with whole part of India. Let us look rest part of China.

Can our people people allow the laws as of China, Singapore, Malasia - having tasted freedom (a debatable question), certainly 99% of the citizen may not toe with happening elsewhere.

USA is a different country - where untapped wealth - very large land, natural resources, less population, brain drain with settlers (migrants) and many more are advantageous to USA. Still one cannot travel downtown in USA after 18.00 hours. Latest news is USA is facing capital outflow (their currencies is not linked with Gold reservives - a minus point), inflation, Food shortage, etc., are new dimensions for USA, which their citizens never imagined.

Look at Japan, inspite of their evious growth - they face huge food shortage - apart from land shortage - earthquake, union of many Islands, etc.,

we are looking at positives of other countries and negative of our country and looking at issues with biased outlook.

Let us be impartial - let us reconsile our weakness and eleminate them - let us take stock of our strength let us improve.

Our weakness are (1) corruption, (2) weak in infrastructure (3) Poor educational standards (4) Lack of awareness of general public (5) emotion coupled with biased outlook. Government and all citizens should analyse these factors and should move at right direction.
We have comfortable reserves of Hydrocarbon in Ocean, national resources like mine, cultiviable land. they have to be better utilised (without expporting) and value addition should be made and try try meet domestic demand and the surplus should be exported to keep a comfortable balance of trade.
we need to concentrate on expeditious development of infrastructure, which alone can attract FDI like intel, and other MNC
we need to improve our educational standarads and produce more employable personnel.
we should have transparent clean administration.

when we talk about transparent clean administration, I had a bitter experience - and let me narrate a case which I took up for good cause
"Any one who is really interested in knowing how eradication of corruption, upholding transparency in administration, Right to Information Act are working, they can get the information from Central Vigilance Commission (CVC) about the complaint (lodged by me) registered by CVC 611/05/10 under RTI Act. CVC in its web site initially stated that “Administrative Action has been taken”, then stated “Commission ordered closure of case”
To be impartial I have not given details of the case with honest hope that CVC will give details transparently if they are approached under RTI Act.

LET US FIRST WORK FOR CLEAN ADMINISTRATION, then any sort of electrol process will work benefiting large part of citizen.

best of luck

sincerely
psnswaminathan

Just one piont to make that only afew contries in world now have gold backed currencies. All major economies including india, US Japan Russia China has fiat currency system. This is now more than 3 dacedes when we all moved out of cluches of gold backed currencies. To know more about fiat currency system read http://en.wikipedia.org/wiki/Fiat_money

I agree with the response.

USA has multiple benefits - their currencies are not backed with Gold (many others also have this) - added to this their currencies are soft currency and majority of the nations use USD for exchanges - this make other countries have reserve of USD which made USD are strong - unfortunately, mainly OPEC releases USD now and increase Gold reserve, which make USD weak now. this reverse trend led to capital outflow from USA - which has cascading impact on USA.

with this explanation let me make my view for better understanding - so far USA was in an enviable position - it is no more from now on.

similarly, China's FDI policy may be attractive for them now and many capital inflow (through FDI/MNC) may flow in. That may help their business - but the mute question is that some time later - such outsiders capital inflow may hurt China's economy over a period of time.

I have no dispute over the issue that Idia is slow when compare to other countries like China - but we have our own bottleneck which we have to clear first.

Many are advocating change in electrol process, head of state as CEO (elected by Public like USA), instead of selected by Ruling Party/parties - this may not be complete or ultimate medicine for cure to weakness.
first we should aim at clean, transparent administration - then everything will come to in line beyound our expectation.

with best regards

sincerely
psnswaminathan

I am afreaid, you are too apologetic about everything. We cannot live and tolerate a life pace akin to the colonial times. Walk while the rest of the world runs. We are sure to lose out in every aspect if we continue to show 'understanding' and 'patience' at those time wasters and foot draggers. We have wasted two generations of Indians parading our famous hindu rate of growth - 3% per annum.

I totally agree with the comments on the response.

but the ground realities is different - Unfortunately, our Constitution has been written by good gentlemen for true freedom in a democratic set-up. Our forefathers were intiligent but innocent - they would have not have even dreamt how their good faith will be misused by successors - now the Constitution is with us - we know the quality of our present generation -

to be frank with you, we have to live with it - I don't see any immediate remedy for all the problems that are being faced - as the system given to us cannot be altered so easily.

filip side of it - the fall is not permanent fracture - American continent was not inhabited and exploited for thrillion of years - now USA citizens are enjoying.

let us all wait for a good change in another thrillion years.

Indians have Brains but Chinese are Hardworkers with Brains...soo India needs a lot of catching up to do~!

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people in china are working for their country and not for money.. i mean they are ready to work even in low wages.. every people are thinking about the growth of the country.. thats why china is good...

In China there is no difference between bull and human beings - It is a fact that Chinese work like bull - let the iron curtain be removed and give freedome of speech, freedom of expression - then world will come to know what is happending inside China - A day will come that chinese may enjoy freedom - but in India Chinese way of Administration will not work. China is not affected with Tamiflu whereas India is affected WHY??? In China all visitors are blocked at the Air Port - they are allowed outside air portonly after examining - suspected people are either departed back or QUARANTINED atleast for 7 days in an isolated CAMP - In India patients are escape from the hospital itself - Indian conditions are such - we cannot compete with China.