August 30, 2005

Wrong About the Poor

The Telegraph, 30.08.2005

The article by Ashok Mitra was going well as long as it dwelt on the sufferings of Mumbaikars in the recent floods. But then he returned to his age-old rant against “foreigners”. It is a blatant fib to suggest that India has “hire and fire” labour laws. It takes numerous government permissions for a company in India to restructure if its workforce is larger than 100. The propensity of our trade unions to go on strike is what deters investors from entering India. It is not a coincidence that, as a UN report reveals, the world’s poorest countries have the most stringent labour regulations. Why the left and its cronies cannot comprehend this obvious fact baffles me.

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