Foreign aid is a dangerous drug that can stimulate in small doses but become fatally addictive in larger doses.

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24 comments Page 2 of 3.

Poonam said:   1 decade ago
Hi Friends, I would like to share my views on this endless topic. According to me India is a developing country. For their growth they always need help from other country. Everything in small quantity or in limited quantity is not dangerous but addiction of anything is really harmful. E. G. If we get sick doctor gave us medicine to recover soon but if we take medicine on regular basis means digestion, sleeping etc. We will addict of that which is really dangerous for health. Similarly we have seen that some outer countries completely dependent on other country. In that case country rural on other country. So Foreign aid little bit is good but addiction is really harmful in my view.

Mala thakur said:   1 decade ago
Here I would like to say as in India if we are the hosting country it is must to be a holding country in this regard. As it is a developing country it needs financial as well as technological aid from foreign countries to build its roots. To support fdi less than 50 %should be allowed and by this foreign means will be well utilized in our development.

Soumyamayee mallick said:   1 decade ago
Developing countries must seek help from developed countries at utmost requirement otherwise they would be treated as beggar and in this may loose their identity.

Shayee said:   1 decade ago
If we get raw materials and successful technological ideas from foreign countries then we will only be beneficial. I think aiding doesn't mean money alone. At the same time we should move with their ideas, get their flaws and release a new product for our benefit. This is what US, China, Japan do among themselves.

Dennis said:   1 decade ago
I believe that what is required is a right mix of foreign investment and nationalistic development which equally contributes to economic growth. We have seen that excessive dependence on FII investments has led to disproportionate changes in the stock market and unplugging of FII funds has led to dramatic decline in stocks and even the monetary value of the rupee.
FDI,which has a more long term nature is vital for reducing the burden of development of basic infrastructure and making the Indian market a competitive and positive growth oriented one.

Other sources of foreign aid include charitable donations from developed countries like u.k. and u.s.a.. But there have been incidents which show that these acts of 'charity', came with strings attached. U.K.'s charity aid was aimed at trying to influence India to buy their military fighter jets, but when India opted for the Rafael jets from France which were more technologically advanced, U.K. made a huge hue and cry about it. SO excessive dependence on these kinds of aid are dangerous to India.
Excessive dependents on outside market is always harmful as it exposes India to the unstable international market. SO dependence on foreign aid in small doses can stimulate India, but larger amounts can make us fatally addictive.

Sumit Mishra said:   1 decade ago
Basically I do agree as our friend that Foreign aid is a dangerous drug but for certain limit. Some for our friends has given example as Pakistan has taking various aid from country like US. And US has established full fledged military bases on its lands but we should not forget US established military base only killed the most wanted terrorist Osama Bin Laden last year.

Now if we come to India's prospective, I think India should allow FDI for certain extent which helps them to improve there market conditions. If retail companies like Walt mart, The Home Depot comes under Indian retail market this will give alots of opportunities to all unemployed people of our country & all companies need to purchaser from at-least 30% of there good from small scale retailer & all FDI companies need to purchaser product which are made in India. This doesn't mean developing country like US or other country wants to take advantage from under developing countries like India.

Sandeep said:   1 decade ago
In my opinion, foreign aids is in some aspects, are necessary for the economic growth of the country. No under developing country can sustain without depending the developed countries. Foreign aid must be utilized with wisdom so that we are not getting trapped into a situation like that of Pakistan. India has taken foreign aids many times and now we are capable of providing the same to many other countries. So, the wise use of foreign aid is needed. We've to understand all of the risks which my friends here have mentioned and should act accordingly.

However one cannot get addicted to a drug without the consent of his mind. If his mind is strong enough to say NO to it, it'll be no for ever and will give the good results. :-).

Jyoti said:   1 decade ago
Yea this is true that foreign aid is dangerous. As we know that whenever our country get in trouble we always use to take help from foreign countries. This increases our dependency on foreign countries and reduces the capability of our nation to solve the problems independently.

Shashank said:   1 decade ago
Even I too agree with my friends that foreign aid is a dangerous drug. I had a perfect example for it which our country faces as we all know that first Britisher's came to our country for a business purpose slowly they developed their network here and finally the established their government here and given a statement that "SUN NEVER SETS IN BRITISH EMPORIUM". This clearly shows how dangerous foreign aid is.

Sahil said:   1 decade ago
FDI is a dangerous drug and the countries taking this will one day regret for this, yeah sometimes a nation might be in real need but they should not make a habit of it. FOR EXAMPLE pakistan is taking aid for various activities from you. S, but they have forgotten that you. S is slowly taking control them and slowly they will turn into passive slaves of them. We must understand that today no one is that foolish to give huge money and don't think of getting something in return, especially the developed countries.

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