First of all, thanks to everyone for participating very positively to this discussion. Let's keep this healthy discussion going and not get personal (this usually happens when such hot debates happen on this board). Special mention and request to DQ - please refrain from calling anyone a Modi-bhakt or so called RV. That'll simply result in you being called a paki and things going astray. The issue doesn't deserve a treatment like that as it happens to be one of the most topical issues facing us today.
Now, coming to the posts since my last one here, there are a couple of issues to consider.
First of all, let's not link anything like dual-citizenship or voting rights to investment. Investment happens to be just one of the good things that NRI's and PIO's can give the country. And moreover, investment is not something that every NRI & PIO can give back to its motherland.
There is something though, equally important and valuable, that almost every NRI & PIO can contribute. They can be ambassadors for Brand India in foreign lands. They can remove a lot of misconceptions foreigners have about India like it being a land of nomads and snake-charmers. For example, NRI's & PIO's in high places in other countries can bring about changes in their adopted countries' education to remove such misconceptions. NRI's & PIO's should make sure their future generations don't lose touch with their roots. They can make sure they highlight the positives of India instead of the negatives, as seems to be the fashion nowadays - crib about the problems you encounter in India and you're considered YO!.
There are many other seemingly unimportant, but very crucial ways in which the diaspora can contribute to India's success. But that's not the point here. The bottomline is that these sops are accorded to the NRI's & PIO's for all they can do and not just the money they have in their pockets.
Secondly, voting rights and dual citizenship are two very different things and should not be clubbed together. Since we are discussing just voting rights in this thread, let's stick to just that. Otherwise, it'll end up in a mess. We could discuss the dual-citizenship issue in another thread.
So, let's draw the lines again. The government is mulling voting rights for Indian passport holders working in the gulf. What do you feel about this issue? I feel that its a step in the right direction though I want the additional rider of a decent period of residence in India in the recent past to go with these rights.