manufacturing vs service sector

sivego · Telugu Teja Joined: 17 Nov 2004 Posts: 330 Location: vizag

A good period of 9 years of AP has been wasted by CBN in developing only service sector which are giving temporary emploment benefits and fruits to multi nationals.

Manufacturing / production / agriculture/ industry has been totally neglected during his 9 year rule in AP resulting in total break down of economy made governments depend on WB loans, liqour sales, encouraging un bearable entertainment, encouraging prostitution etc.

The previous governments thought that only soft ware, and IT industry are the right solution for setting right economy. If soft ware giants feel that still smaller countries like pakistan srilanka, bangla desh or even nepal, indonesia offers infrastructure, and man power what happens to india. and how many years this service sector will survive in india. Manufacturing industry is mother let's not forget it.

If china comes forward in coming months with their Rs.4 a kilo and Rs. 9 a sq.mtr cloth what happens to our economy. request members to share their views.

Author is not against service sector, only feels for the treatment meted out to manufacturing sector.
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sivego

YasodharaDevi · Posted: Mon Dec 27, 2004 11:56 am Post subject:

Germany is ready to give 1,600 crores loan for thermal power generation. Chandra Babu got lot of loans from world bank but he did not invest single penny for power generation sector.

NadendlaSooryam · Posted: Mon Dec 27, 2004 2:53 pm Post subject:

It is very true that Chandra Babu got lot of loans from world bank and spent for unproductive purposes. If more money is invested for agricultural and industrial sectors Andhra Pradesh will develop a lot.
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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.

NadendlaSooryam · Posted: Tue Dec 28, 2004 4:51 pm Post subject:

Jharkhand is highy industrialised state. Even rural areas are well industrialised. Our state became more backward in industrial sector in past 9 years.
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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.