In brief, the story is about two mice and two small people who found plenty of cheese. The two small people came to assume that the cheese would always be there and they relaxed and enjoyed the cheese. Suddenly one morning, the cheese was gone. The mice simply scurried off in search of new cheese and found them.
The concerns relating to proper valuation, mis-selling of such products and other irregularities that emerged in the recent past forced a re-evaluation of the propriety of allowing such products in India. However, interestingly, many corporates and industry associations represented that prohibiting cost reduction structures will seriously impede the dynamic forex risk management operations of corporates and their competitiveness in the global markets.