ET CITINGS

http://mytoday.com/u/1429

" The total cost of the games is shrouded in Mystery. The difference over the actual expenses in the CWG is also because, the private sector has put in a lot of money and this is obviously not reflected in the Govt's tally. It's difficult to apportion. "

" Tourism did not deliver. Hospitality industry's occupancy has not lived upto expectations because of terrorism threat. These 2 industries during CWG made huge losses. "

" Beginning from Mexico 1968, virtually every city that had hosted such an event ( as Olympics) has plunged into debt for the next 25 to 30 years. The games never pay for themselves ; it is the public money that falls into the hands of hands of the private busisnessmen. "

Sandeep Bazmai, news editor , Headlines Today : " India simply doesn't have sporting culture. Play for fun. A sport is organized play. India just plays ( barring cricket). "

Daniel Johnson, Colorado college's economics department : " There is a linkage between per capita GDP and sporting performance . Linkage between Olympic medals and per capita income". ( he proved it with 90% accuracy).

" When ever Team India loses a one day match ( to any country), their stock market took a beating , on the following day ! " A research report from Monash University in Australia.

Any one willing to verify ?