Re: In To-day's Newspapers
 

The UK doesnt lose that money, private commercial retailers do, and if it was financially viable, they would take serious steps to reduce it.

The issue being discussed is misuse of UK Government (taxpayers) money, and that is a very different matter.

The comparison makes as much sense as the confuscation of comparing India dishing out ridiculous sums of money to its cricketers with UK footballers wages, as was posted on here a couple of weeks back........


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Re: In To-day's Newspapers
 

We all pay for it in raised prices don't we?
My possibly clumsy attempt was to indicate that in national economic terms £45 million in aid is a relatively small amount.

Re: In To-day's Newspapers
 

.. the article then goes on to demonstrate that this is exactly what is happening!

AndyD 8-)#

Re: In To-day's Newspapers
 

interesting point Bipat - just read an interesting write up on the wall street journal on the same subject - the following is an extract. the full article (dont want to copy and paste the whole thing here but worth reading) can be found here

" the magnitude of aid as a percentage of economic activity in India is very small. Therefore, common sense suggests that the effects of its disappearance would also be small. To make this more precise, we must look at the “multiplier,” which economists use to measure the total effect on national income of a change in spending, accounting for linkages, leakage, and “crowding out.” Recent research suggests that in emerging markets such as India, the multiplier is very low, in fact, close to zero. This means that there would be almost zero impact at the macroeconomic level of British aid disappearing.

So why does the UK continue to give aid to India? Is it altruism or something else?

Andy Sumner of the Institute of Development Studies (IDS) in the UK, who testified earlier this year at the International Development Committee’s inquiry on British aid to India, and whose inputs have helped to shape the new “pro-poor” strategy, offered me the following thoughts via email: “For DFID and the NGOs it’s about supporting the poor. For diplomats and the foreign office aid is part of bilateral ties, security and intelligence sharing. Most importantly, the balance of power has swung towards India and the UK wouldn’t want to risk a long standing friendship with one of the world’s next big powers, would it?”

Re: In To-day's Newspapers
 

http://timesofindia.indiatimes.com/c...ow/8069957.cms

What a load of un-adulterated, baseless b*ll*cks!

Anything to distract the gullible populace from what is really going on!

Very unlikely that the track near Delhi will be ready on time (or ever), but the thought of F1 going anywhere near Z-o-S?

What a pathetic joke


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Re: In To-day's Newspapers
 

This sounds brilliant...Just what Formula 1 needs....A circuit with large pot holes..... cows and dogs fast asleep on the track......dodging large TATA buses....throw in a few INDIAN drivers.... What a spectacle.... Spectators answering the call of nature by the side of the track...LOVE it.:thumbsup:

And with all those CASINOS it is definitely the MONTE CARLO of Southern Asia...

Re: In To-day's Newspapers
 

http://www.dailymail.co.uk/news/arti...orruption.html

Well now isn't this a surprise. :lol:

Re: In To-day's Newspapers
 

Don't forget everyone in the grandstand shouting taxi or tuk tuk

Re: In To-day's Newspapers
 

Can you imagine the amount of corruption creating a world class Formula 1 circuit would generate in Goa ? But the important question is where would it go ? I personally cannot think of any where in Goa that could accommodate one. The whole length would have to be fenced off for a start.Electricity supply guaranteed for the media. Spectators catered for...hm...! Maybe Go-Cart Racing but not Formula 1, never in Goa.

Re: In To-day's Newspapers
 

And the hawkers,and the elephant people and the ones with the dressed cows, and worst of all those wierdos from Anjuna market who are trying to get you to agree to let them clean your ears!!!!

Oh yes - very F1

Dread - x

Re: In To-day's Newspapers
 

As soon as the thieving, corrupt little sh*ts are busted, they start denying all knowledge as usual......

http://www.sport360.com/component/co...-f1-track-link

Love all the " a man came to see me about some land in my constituency" bit, screams corruption from the rooftops, innit?


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Re: In To-day's Newspapers
 

[B]How to conduct business in India[B]

http://www.thestar.com/news/world/ar...petty-payments

http://www.ipaidabribe.com/

Is it surprising that any transaction in Goa is viewed as an opportunity to gorge on the "blood" of the parties involved.

Re: In To-day's Newspapers
 

sort of justice:

http://www.oheraldo.in/news/Main%20P...ail/47756.html

or maybe not : confused:

Re: In To-day's Newspapers
 

http://translate.google.co.uk/transl...F%3Fid%3D22420

Feature article: The Russian dream: Downshift to Goa

Re: In To-day's Newspapers
 

interesting article - though the translated version reads funny, the following observation would explain why many russians feel right at home in Goa ;)

" There is one point that it is better not forget. Indians are welcome and sociable, but the hospitality is over, if the tourist starts to behave poorly: take drugs, drink, Hamit and degrades local residents, while possible and fight, and even armed attacks. Police also closes its eyes. Generally, in India, as in Russia, almost everyone can close their eyes, if it pays well, but for any service you have to pay: Corruption is no less developed than ours,
but rates are lower, because the standard of living and the prices of other . But surprisingly, many of the Russian situation is just happy because everything is simple and clear - like at home."