It is absolutely necessary for us to see that we have more electric power. Therefore, the development of power and distribution transformer industry for the manufacture of distribution transformers is absolutely necessary. Here, some allegations were made, but we have got to see that the type of transformers that we manufacture here must be given to the people of India at the price which they can afford. Of course, for sometime more in certain categories of industries, it may be necessary for us to pay more for the foreign products. But we must also see that these industries must be developed properly and they must not take advantage of the protective duties or the national feeling of the consumers of our country. Sir, the position regarding extradition of fugitive criminals from this country was covered originally be three statutes, two of them of the British Parliament, the extradition act of England and the fugitive offenders act of England, and the third, the extradition act of India. Sir, though the Government agreed that there is some impact of the global recession, they are not ready to accept this seriousness of the impact. Already 12,000 to 15,000 workers and employees have lost their jobs. The steps taken by the Government and the proposed schemes are not going to help in generation of employment. Whatever safety measures that have been taken, they have been taken because of the relentless battle waged by the Left Parties both inside the Parliament and outside against the FDIs and FIIs to be brought into India. But in spite of this, the recession is having its impact on the Indian economy. We could save only the financial and banking institutions because we could prevent the foreign investment in a big scale in our country. Otherwise, our banks would have also collapsed like house of cards in the way the US and European banks collapsed. Our economy is mostly affected because our exports are more or less stagnated now. Our economy is mostly affected because our economy is linked with the United States of America.
