Friday, May 9, 2008

Patel on India (Pt. 2)

Patel on India (Pt. 2)
An Indian friend told me a few years ago how cheap things were in India. I asked him why he didn’t go home and live like a king. He said, “There’s nothing to buy there.”
From my conversation with Shashin, I learned that because of the tariffs and quotas being reduced, the stores are full of merchandise. One can buy anything available anywhere else. The cost of labor is very low. Someone does the laundry. Someone cleans the floors. Someone prepares the meals. The master and mistress live in a fairy tale world. To democratic western minds this may seem decadent. India has a billion people. Every one needs to make a living somehow. To do one’s own laundry is to deprive someone else of a meal.
I also learned that 50% of the population is under 25. Parents and the government are highly focused on making sure the children get a really great education. What does this mean for the future of India?
Shashin Patel’s web page is http://www.hospitalitygrp.com
David Segrest is a REALTOR in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com

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