Investment better than cash aid<\/p>\n
As a regular overseas tourist to your country (three times in
\none year) I wish to express my great appreciation as to how
\npeople in Kuta, Bali, (where I am staying now) took the blasts in
\ntheir stride. Many locals and visitors feel wary when in a bar or
\nrestaurant but do still troop in. While no doubt this incident
\nhas hit arrivals, Bali is still a case of overkill.<\/p>\n
The locals found others reaping profits and jumped in to
\ninvest in shops, restaurants and hotels, resulting in excess
\nsupply. I wouldn't agree with your hotel owners' chairman that
\nthere is 60 percent occupation rate as most hotels look virtually
\ndeserted, as do restaurants.<\/p>\n
One grievance of mine is the poor supply of your newspaper in
\nKuta, where it comes around noon or is often not available. Some
\npaperboys harass you with double rates. I find your newspaper
\nsuperb in all respects -- the coverage, the articles, the quality
\nof the writing, etc. I even took a few copies home on my last
\nvisit for my people to read. My day is not made if I don't read
\nyour paper.<\/p>\n
I wish to write on many subjects at the end of this stay but
\nit would be too long. As a person with long professional
\nexperience in the government of India I have strong reservations
\nabout the scheme for direct cash assistance payments to low
\nincome groups to compensate for the hike in fuel prices. Imagine
\nthe colossal volume of cash transactions with attendant risk and,
\nconsidering the background, large amounts are bound to be
\nsiphoned off by officials. Heavy public investment would generate
\nemployment and automatically incomes. The money will just
\ndisappear without creating any assets.<\/p>\n
M. SEETHARAM, Kuta, Bali<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/investment-better-than-cash-aid-1447893297", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }