Showing posts with label MP. Show all posts
Showing posts with label MP. Show all posts

December 5, 2011

Let the Parliament function


Even though I am a die-hard bull about the economy and stockmarket, I am worried about the way the Parliamentarians in India are acting out of their wits. If they don't allow the ongoing Winter Session to function properly, and deliberate and discuss the passage of crucial bills - you can rest assured that not only FII outflows will increase or additional FDI get stalled, it will do more harm than... good to Brand India in the near-and-long-term. I am scared that if this session doesn't function its chartered course, Rupee can touch 56-58 to a dollar and markets can slip to 12k also - aggravating a fragile balance in macroeconomic headwinds. Opposition in India have opportunities galore already, they should just rein in their destructive emotions to act responsibly - else, they will be perceived as enemies bigger than some neighbouring countries. Dear opposition, choose your batttles well, you are on the verge of winning a war, why fritter away a chance to show some statesmanship?

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