The Indian economy has declined because of the peculiar Indian 'invention' of that perfidious financial derivative called Participatory Notes, or PNs, otherwise known as the crony/crooked facilitator for black-money-based portfolio investment. No other country would think of such a derivative.
Tags: economy, investment, country, think

Other Quotes by "Subramanian Swamy"

BJP should direct our Ministers to wear traditional and modernised Indian clothes while abroad. In coat and tie, they look like waiters.
Tags: wear, like, clothes, look
See, Indira Gandhi was wrong in declaring the Emergency. She tried to put me in jail, but she could not. People voted her back, and I worked with her after that. Even though I was not a member of the Congress, she sought my help on China. You can't have personal vendetta, you see.
Tags: wrong, people, you, me
The black money issue should not be misunderstood as one of merely avoiding taxes. It is, in fact, a major systemic crime of denying the nation's financial system the proceeds of wealth. Such denial should actually be declared as treason, where opportunities to share the wealth for the benefit of the poor are wilfully denied.
Tags: poor, wealth, black, money
There is a history which has to be reversed, and that is the demolition of our temples.
Tags: temples, which, our, history
For decades, the Congress party has used its power to make Nehru appear as a giant, rendering all other political personalities small before him.
Tags: party, small, political, power
View More by "Subramanian Swamy"