THE HONEST TRUTH BY AJIT DAYAL

Kalpesh (Accountts & Income Tax) (338 Points)

25 April 2009  

 I HAVE GONE THOUGH ONE ARTICLE AND I FEEL TO SHARE IT IN FORUM.

 
China buys gold, India buys votes! ARCHIVES | EQUITYMASTER HOMEPAGE
25th April 2009  

Ajit Dayal

So there we have.
The real difference between India and China.
Statistically proven.
An irrefutable fact.

The Indian politicians are to spend an estimated Rs 10,000 crore to buy the votes that will be counted from May 16th, 2009.
The larger numbers of votes the politicians get, the better are their chances to sit on the negotiating table and cobble up a messy coalition that can find its way to the Lok Sabha.
And there they will have another opportunity to spend some more money - or get some money - to ensure they are part of some coalition.
Of course, if they spend even more money right up front on ensuring an absolute win - there is no need for the peacock feather dance and trying to woo all those coalition partners.

 

Thanks