On Mon, 2008-05-19 at 16:13 +0530, Anil Kumar wrote: > I quite disagree with the 'less government 'support' the better' argument. > In India, good examples (IMHO) are the development of the Information > Technology sector, now followed by the Business Process Outsourcing sector, > both having benefited from various forms of government (both Central and
IT is a nice example of how the absence of government interference is good. indian IT's best growth happened while there was no ministry of IT, at which point in time electricity, telecommunications, broadcasting etc (which all had ministries) were barely growing. > State) support including but not limited to support in procuring land and > buildings, reduced to nil stamp duties and registration fees on real estate > transactions, tax free income generation. another good example. _reducing_ government regulation and taxes and fees is not "support". it is reducing government interference. if the govt didn't have so much interference in the first place, it wouldn't need to provide "support" by reducing this. -rishab
