Nearly 2 months to go. What could be the possible outcome of the Commonwealth Games on Indian Real Estate?
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  • I think he gave the breakup of money as it has been appropriated by govt. of course more then 50% of money has been eaten by corruption, but that is across the board in all projects related to games.
    Originally Posted by sharmafire
    Your % calculations are not right. You have shown the total is 100% whereas the whole world knows about corruption and kikbacks and why that % is not figured out. I will say this is total 50 % on development and 50 % corruption only.
    I am too patriotic but that doesnt mean to close eyes to corruption
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  • Originally Posted by alokgarg
    I think he gave the breakup of money as it has been appropriated by govt. of course more then 50% of money has been eaten by corruption, but that is across the board in all projects related to games.

    Why do you single out the projects related to the games alone. Convey where there are projects completed by any govt body without corruption....
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  • totally agree. corruption is just a fact of life in India. I was only making the point that money has been spent percentage wise like he is saying and corruption is present in all of those projects.
    Originally Posted by mt0587
    Why do you single out the projects related to the games alone. Convey where there are projects completed by any govt body without corruption....
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  • Originally Posted by sharmafire
    Your % calculations are not right. You have shown the total is 100% whereas the whole world knows about corruption and kikbacks and why that % is not figured out. I will say this is total 50 % on development and 50 % corruption only.
    I am too patriotic but that doesnt mean to close eyes to corruption


    Corruption % is something which no one will ever know. Yes we can assume that 50% would have been gobbled up by the babus etc but who will prove this. i wud love to see stern action taken against the criminals.
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  • Nothing much would happen, except a few heads would roll. Corruption is a way of life in India & no body would know , actually how much money has been gobbled up.

    Let's see who is made the proverbial BAKRA.


    Originally Posted by Munish Malhautra
    Corruption % is something which no one will ever know. Yes we can assume that 50% would have been gobbled up by the babus etc but who will prove this. i wud love to see stern action taken against the criminals.
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  • Originally Posted by MANOJa
    Nothing much would happen, except a few heads would roll. Corruption is a way of life in India & no body would know , actually how much money has been gobbled up.

    Let's see who is made the proverbial BAKRA.

    My guess is nobody. our central govt is virtually toothless. if they had some bite things wd not hv become so bad. Yes some private companies wd get bumped around for some time. Emaar MGF might get fined. The bridge guys might get kicked temporarily only to come back lated in some other Avatar, but I doubt anything serious wd happen.
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  • Good Article

    The government said the ongoing Commonwealth Games may add about USD 5 billion to the Indian economy and create about 2.5 million jobs in the next few years.

    Inviting the business community of Commonwealth nations to invest in India, Minister of State for Agriculture and Consumer Affairs K V Thomas said opportunities for business during sports events are very large.

    "It is estimated that the (Commonwealth) Games will have an economic outcome of close to USD 5 billion over the next few years and succeed in adding 2.5 million new jobs. In fact, we will be gaining from this event for the next many years," Thomas said at the Commonwealth Business Forum in New Delhi.

    He said the 12-day-long games will create a new brand image for India as a global player, helping it strengthen and deepen the business partnership with Commonwealth countries.

    "The opportunities for business during sports events are very large. In Delhi, itself, the estimates for the city infrastructure, sports venues and other necessities stand at close to USD 10 billion," he said.

    Thomas said sectors like agriculture, infrastructure, modern technology, manufacturing and services have huge opportunities and potential for the 71-nation Commonwealth grouping.

    "The business opportunities derived from agriculture in India are enormous and not sufficiently exploited by overseas businesses. India has 14 agri zones and is capable of producing a wide variety of grains, fruits and vegetables," he added.

    He said India faces a large technology deficit in terms of agriculture productivity.

    "Our yields are far lower per unit area than that of other countries. This has implications for companies in technology and machinery, agri inputs such as fertilisers, biotechnology and other areas," Thomas said.

    "The absorption capacity of the Indian farming sector for such technology and advanced equipment is high," he said.

    He said that with the country's economy likely to grow by over 10 per cent in the next few decades, "This is the time to be in India, this is time to invest in India and this is the time to partner India's development saga."

    Two-way trade between India and Commonwealth nations currently stands at about USD 80 billion, which is expected to grow manifold in the coming years.
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  • Total failure

    Games are total failure.
    Follow the link
    http://news.yahoo.com/s/ap/20101005/ap_on_sp_ot/com_commonwealth_games
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  • Booked myself for the hockey semis(bronze) and finale(). Looking forward to the game.

    Lets hope India makes it to the last 4:)
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  • Let's hope for the best.
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  • Delhi has absolutely transformed, its a pleasure to go out for a drive after dinner. reminds me of my days in bahrain and singapore.
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  • Good to see votes going up for Successful Games at 60%:)
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  • India performing very well

    India has already won 12 in 4 days.

    Target before the start was to get to 17 and 3rd position.
    Looks like we will do better than that.

    Love to see 2nd position and 25 :bab (59):
    That will really encourage sporting activities in times to come.
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  • Yes. We seem to be doing better than expected.

    Let's hope for the best.
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  • No Labour shortage after Games

    One positive aspect of Game getting over will be....there won't be shortage of construction labour for so many housing projects launched in Delhi / NCR.....
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