tag:blogger.com,1999:blog-33693245.post6036998856645157078..comments2024-03-04T23:40:58.133+05:30Comments on The Big Picture: Bail out for India IncThe Big Picturehttp://www.blogger.com/profile/06018983225756352176noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-33693245.post-57485724231867447322010-03-02T22:30:50.707+05:302010-03-02T22:30:50.707+05:30its a nice one.Actually I dont know what is bail,b...its a nice one.Actually I dont know what is bail,but now I understoodUnknownhttps://www.blogger.com/profile/16373727201205690531noreply@blogger.comtag:blogger.com,1999:blog-33693245.post-73653945742332951272008-11-20T00:13:00.000+05:302008-11-20T00:13:00.000+05:30dear Mohan Sir,i am on your blog for the first tim...dear Mohan Sir,<BR/>i am on your blog for the first time and my first impression is i never saw it before and feeling unlucky about it - so full of fundamental reasoning which explains all the ills of our economy and the world economy in general. <BR/>bail our for India was always on as we got more and more integrated into the global space for technology, markets and capital. not too far back, we have done a US style bail out for our farmers to the tune of rs.60000 crores. now $45 bn is roughly 4 times the farmer bail out in exposure and even if the govt takes a 20-25% hit in terms of cost of capital/interest for those huge figures, it will put an obscenely gigantic fisc problem on us. its better to let the cos face it themselves with least help from the govt and whoever can succeed the hard times will be all true winners in entrepreneurship.<BR/>regards//mvpMVPhttps://www.blogger.com/profile/15486699238736051710noreply@blogger.com