YSR should drop the decision of taking world bank loans

mandangi

YS Rajasekhara Reddy should drop the decision of taking world bank loans. If we take loans from world bank, world bank puts conditions to follow their policies in our state. World bank policies is also one of the reasons for defeat of Chandra Babu Naidu. World bank policies benefit only rich people. They dont benefit poor people. YSR should think about alternative ways for improving our economy.
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In India rich people become more rich and poor people become more poor. Because our politicians are following pro capitalistic policies.
Praveen Kumar Mandangi

NadendlaSooryam · Posted: Tue Oct 26, 2004 11:33 am Post subject:

Rosaiah said that if world bank puts conditions, they will not take loans from world bank. World bank do not give loans without conditions. World bank is well experienced in making policies which benefit rich people and harm poor people.
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People who know much about science become rationalists, people who know much about society and economy become communists and people who have more intrest on cinemas & TV than other issues are useless fellows.

Bystander · Telugu Teja Joined: 13 Oct 2004 Posts: 438

Withdrawn.

SekharPanigrahi · Posted: Tue Oct 26, 2004 8:25 pm Post subject:

In Chandra Babu's rule rich people became more rich and poor people became more poor by world bank policies only. Already India is facing severe poverty. Following the policies which make poor as more poor should not be tolerated. CPM leader BV Raghavulu also said that they will not support world bank in any case.