can india bear the expenses of research & development?
139196
It will have to. The only way to get a solid foundation to the economy is by being creative - manufacturing products. Granted that the services sector has been a major contributor to the GDP of the country, but this is akin to a big gamble. The day the western countries stop outsourcing, India's income is gonna get cut BIG TIME.\n\nHence, the only solution is to delve into manufacturing. And all the questions that arise with manufacturing can only be solved through R&D.
1051637
India Inc. on Tuesday lauded Finance Minister P Chidambaram for his measures to bring in fiscal discipline and cut deficit but had a mixed view on new tax proposals burdening the capital market.\n\n\n"The industry will be happy as there are no major negatives. It has cut down customs duty and has covered lot of industries as well," CII chief mentor Tarun Das said.\n\n\nJ M Morgan Stanley Chairman Nimesh Kampani termed the budget as a good development on fiscal side.\n\n\n"I think the Minister has done a great job in fiscal deficit, which will be 3.8 per cent of GDP in 2006-07," Kampani said.\n\n\n\nKotak Mahindra Bank Vice-Chairman Uday Kotak also welcomed the budget saying it was a positive budget at micro level and was good for long-term investors.\n\n\nHowever, Ruchir Sharma of Morgan Stanley said it was an "innocuous budget" and there were no policy initiatives to take the market to higher levels.\n\n\n"The market hoped for much more than just reforms. Even Prime Minister Manmohan Singh had talked about out of the box thinking," Sharma said.\n\n\nFor Joint Managing Director of DSP Merrill Lynch Amit Chandra the Budget was an indicator of development. \n\n\nHe said, "For me the most important striking feature of the Budget is that it's becoming a non-event and that is a sign that the economy is rapidly moving from developing to developed. The fact that we have a very stable tax regime speaks well for investment and for the industry."\n\n\nMeanwhile, Director of ENAM Financial Consultants, Vallabh Bhansali said, "My view is that except for oil sector, where there is the big subsidy bill, most of the things were on the expected lines." \n\n\nOverall, India Inc has reacted positively to the Union Budget and Mahindra Bank Vice-Chairman Uday Kotak said, "Significant spending in Bharat Nirman and Rural India will boost demand in those areas. Clearly, a very positive step towards creating a long-term platform, where India is a stable country from a macro point of view. That is very positive."
211536
Because it's a short-term goal that might compromise the spending in areas like research and development.
692825
Third world countries are swiftly changing their mindsets because of globalisation.\n\nToday, India is far more advanced then even the USof A in many fields including, you'll be surprised ..Telemedicine, and cost effective too, and this came to me from a US General I interviewed during a telemedicine conference.\n\nThen many Asian countries have jumped steps, in say mobile communications, S Korea has already started a major shift to 3g technology, while the west still is stuck with older technology.\n\nIn Robotics, Japan is far ahead of the US.\n\nIn another sphere where India is ahead, especially with regards to costs- satellite technology- Indians put up space craft at costs that are a fraction of those in other countries. For example, the Indian Moon mission (it's gonna carry some equipment that the US wants for their own use), or Chandrayan as it is called is scheduled for 2008, will cost just around US$400million, vis-a-vis a similar Apollo mission which cost the US around US$12Billion. The Indian mission is gonna be  lot more sophisticated that the Apollo, including a robotic arm that will test soil samples.\n\nMany Indians based in the US want to return to India, at even a lower pay, and most western mangers consider an India or China stint as a plus in their career records.\n\nSo bud, it's already happening in all fields and businesses.
171282
Looking at the global scenario, government will not able to implement it as foreign investors and industrialist in India will not support it. Also it will be very difficult to implement in practical. I feel its only a political issue and will die its own death after some time.
125419
Not really, there are certain aspect that India must achieve. Have you read Business Week about india economic growth ? There are certain level that India must achieve before India can be higher than China, e.g the transportation and the infrastructure, also Indian people should work in India instead of going out to deliver their knowledge. But in terms of IT, India is much better. Now, China and India in compete in every aspect and world knows about it.
658432
Ya Sure India Is .India is bound to become an economically developed country by 2020. India Is Known for people with brains So whay cant They?Indian Culture is also best and uniwue so hwy cant they?Indian software exports are growing day by day So whay cant they?Companies are fighting to outsouce projects to india So whay cant they?So its certian that the answer to your question is YES.
969337
Bell Labs, Watson Labs, Palo Alto Research Center and several others were very important corporately funded research organizations.  Sadly "research" has become a dirty word in corporate boardrooms, probably because any investment that does not pay itself back within 5 years is generally off the table in the minds of stockholders.\n\nSo, all the great labs are becoming much more product development oriented with the result that the corporate United States has been eating its technological seed corn for some years now.  About the only real basic research that takes place now is federally funded, but those dollars have been in decline against inflation for some time also except for a very few small sub fields.\n\nRemoving federal funding of basic research will only hasten our journey into becoming, well, not a technological backwater, but sort of like Spain;  relying on developments in other nations to keep our economy going, which pretty much means picking up the leavings after new tech has evolved one or two generations.
165591
If you want to profit from the growth in the economic strength of India, you might want to look into investing in companies that are currently profiting from India.  Companies based in the US, Europe and Japan could be a better, and less risky bet for India.
873011
Actually, the latest data (as of June 2006) is $11.3 billion, which is the World Bank's net commitment to India.\n\nFrom the World Bank website http://www.worldbank.org.in/WBSITE/EXTERNAL/COUNTRIES/SOUTHASIAEXT/INDIAEXTN/0,,contentMDK:20195738~menuPK:295591~pagePK:141137~piPK:141127~theSitePK:295584,00.html\n\nNew lending to the country in FY06 (July 2005-June 2006) was US$1.416 billion. Of this, US$500 million was from the IDA, the World Bank’s concessional lending arm, and US$916 million from the IBRD. At end of June 2006, the Bank group had 56 active projects with a net commitment of about US$ 11.3 billion.\n\nTo calculate how much India has received from World Bank since India became a member of World Bank, go to the list of ALL PROJECTS and get the sum of all completed + ongoing projects (exclude the pipeline) \nhttp://www.worldbank.org.in/external/default/main?menuPK=295618&pagePK=141143&piPK=399272&theSitePK=295584
397314
India has struggled financially since independence, experiencing slow economic growth and economic setbacks due to climatic extremes or political disturbances. The country has been gradually transforming its economic base from agrarian to industrial and commercial. Under British rule in the 19th century, India's cottage industries and thriving trade were virtually destroyed to make way for European manufactured goods, paid for by exports of agricultural products such as cotton, opium, and tea. Beginning in the late 19th century a modern industrial sector and an extensive infrastructure of railways and irrigation works were slowly built with British and Indian capital. Nevertheless, India’s economy stagnated during the last 30 or so years of British rule. At independence in 1947 India was desperately poor, with an aging textile industry as its only major industrial sector.\n\n\n  \n\nEconomic policy after independence emphasized central planning, with the government setting goals for and closely regulating private industry. Self-sufficiency was promoted in order to foster domestic industry and reduce dependence on foreign trade. These efforts produced steady economic growth in the 1950s, but less positive results in the two succeeding decades. By the early 1970s India had achieved its goal of self-sufficiency in food production, although this food was not equally available to all Indians due to skewed distribution and occasional shortfalls in the harvest. \n\nIn the late 1970s the government began to reduce state control of the economy, making slow progress toward this goal. By 1991, however, the government still regulated or ran many industries, including mining and quarrying, banking and insurance, transportation and communications, and manufacturing and construction. Economic growth improved during this period, at least partially as a result of development projects funded by foreign loans.\n\nA financial crisis in 1991 stimulated India to institute major economic reforms. After the Persian Gulf conflict of 1990-1991 caused a sharp rise in oil prices, India faced a serious balance of payments problem (its foreign expenditures exceeded its foreign income). To obtain emergency loans from international economic organizations, India agreed to adopt reforms aimed at liberalizing its economy. These economic reforms removed many government regulations on investment, including foreign investment, and eliminated a quota and tariff system that had kept trade at a low level. Also, reform deregulated many industries and privatized many public enterprises. These reforms continued through the mid-1990s, although at a slower rate because of political changes in India’s government. In 1993 India permitted Indian-owned private banks to be established along with a minority of foreign banks.\n\nWith the reforms, India made a dramatic shift from an economy relatively closed to the global economy to one that is relatively open. By 1996-1997, foreign investment had increased to nearly $6 billion, up from $165 million in 1990-1991. Exports and imports also grew dramatically in this same period. Economic growth since the 1980s has brought with it an expansion of the middle class, which was estimated to form 20 to 25 percent of India's population in the mid-1990s. As a result, the demand for consumer goods from soap to luxury cars has expanded rapidly.\n\nIn 1997 India’s annual gross domestic product (GDP) was $382 billion. In 1997 agriculture, forestry, and fishing made up 25 percent of GDP, compared with 30 percent for industry (including manufacturing, mining, and construction) and 45 percent for services. \n\nA Labor  The Indian economy employs 423 million people. The majority of this workforce—64 percent—labors in the agricultural sector. Of the remainder, 20 percent work in services and 16 percent in industry. Women make up 32 percent of the total labor force.\n\nSignificant numbers of children are employed in India. They not
385072
Liberalisation will certainly increase, but whether the conditions improve in the long run is, in my opinion, a big uncertainty.\nYou have to remember we are in a global arena, and India, like all other countries will have to compete, improve productivity, redistribute wealth, and improve education to name a few facors, before we can be certain abot the outcome.
47741
All the big companies are here but not in a BIG way.\n\nBut India is becoming a hub for all research so heres a list\n\nMICROSOFT\nORACLE\nVerisign\nGoogle\nand a lot more
304630
i think that both the countries stand to gain from this deal.\n\nagreed that both of them had to make some compromises in order to make sure that the deal goes through, but that itself speaks volumes about the commitment of both countries towards non-proliferation and peaceful use of n-tech.\n\n\n\n\nindia gets enough n-fuel and reactors to meet the demands of an energy hungry nation.\n\nwhereasn at the same time the US makes sure that india's nuke tech is used only for peaceful purposes and there is more transparency in their program.\n\nmoreover it will reduce the demand for fossil fuel in the near future and will help to reduce pollution and greenhouse gases.
959351
depends more on whether u think its an investment, if u cannot support that kind of spending in long run it will become a burden in time
566400
in india its 38000 rs per year in pvt . otherwise 8ooo i think.
624510
India may be a global technology hub, but not a super power militarily.