And for good reason: Even at 3.5 percent, inflation is running higher than
it did in almost every year for three decades before 2021.
Is The Death Of The Lokpal Good Riddance To Bad Rubbish In Indian Democracy?
At last everyone can take a sigh
of relief; democracy is safe, at least for now. The much debated Lokpal
Bill has been literally, in fact actually torn up in the Indian
Parliament! The Lokpal Bill was put
to sleep at midnight .
Despite all the flak she is
taking for her seemingly flip flop attitude to her coalition partnership of the
UPA government, Mamta
Banerjee, the maverick of Indian politics, must be credited with saving
democracy in India
this time around.
Friday, December 30, 2011
Posted by Unknown
Another Acid Test For Democracy.
Barely noticed by the world,
yesterday was an important day for democracy!
The world’s biggest democracy,
which came under the threat of being usurped by populist and anarchists, aided
by the frustrations of an urban middle class and hyped by eyeballs hungry
media, showed the first signs of its inherent parliamentary strength and democratic
will to fight
back. After the cool breeze of Arab Spring, the tabling of the Lokpal bill
in the Indian parliament turned out to be a respite for democracy shaken by the
tremors of a harsh Indian summer!
Saturday, December 24, 2011
Posted by Unknown
I Just Called To Say I Love You May Be What You Want To Hear This Christmas!
It is that time of the year when
you start looking for anything which makes you feel good and forget the misery
of the year gone by. It is the time when you search for and dust off the covers
of old audio and video cassettes, nuggets of nostalgia locked up in shelves and
boxes because whether you like it or not, strains of Christmas music everywhere
fondle the weakest corners of your heart and you slowly succumb to the euphoria
of the festive season.
Saturday, December 17, 2011
Posted by Unknown
Why Is Anna Hazare Fasting While India Is Sinking?
The politics of wrangling and
bickering in the US
and Europe is frustrating. The consolation is that the
politicians don’t have a clue how to tackle the sinking economy and it is
difficult to judge who is right. However the politics of obstruction which has
led to contraction
of growth in India ,
which till a year back maintained an impressive
rate, despite the banking crisis of 2008, is mind boggling.
“The industrial
production saw a staggering decline in October, with a negative growth of
5.1 percent in output mainly owing to huge fall in manufacturing and mining
sectors.”
Tuesday, December 13, 2011
Posted by Unknown
Why Is Anna Hazare Fuelling Wal-Mart Politics?
Wal-Mart, which symbolise
capitalistic enslavement for the Indians, seems to be dividing India, world’s
largest democracy, in the middle even as the Indian government is bravely defending
its decision to allow Foreign Direct Investment (FDI)
in Retail, a reform which opens a market worth billions of dollars the world’s
major chains are desperate to enter.
The controversy is based on the
perceived pros of the move, strongly supported by the government in need of
urgent foreign investment to cover its budget deficit and maintain the growth
rate of the country and the cons, put forth by an opportunistic and motley combine of communists, communal
parties and the women
chief ministers of three states with over 30% of India’s population, who have
no clue of the complexities of the issue or particular reason other than their
bloated egos to object the move, claiming the government is only fooling
people.
"To
give an impression that FDI in retail will solve all problems like inflation,
price rise and unemployment... whosoever is saying this is fooling people that
FDI will get millions of jobs. It cannot happen."
Sunday, December 04, 2011
Posted by Unknown
Are The Indians Stupid To Burn Wal-Mart?
As usual, Indians ignorant about globalisation, are groping in a mess of disinformation and going berserk about Wal-Mart, which unfortunately has come to symbolise Multinational Retail Chains.
I don’t mean the proud ‘American’ Indians who might have sent
Greed is in the eyes of the beholder:
I mean the real Indians, citizens of the largest
democratic country who blindly follow the US ,
the second largest, in a desperate sense of competition. It is easy to identify
them outside India ,
with their dropped jaws staring with avrice at the shopping windows in malls and
the goodies they can’t afford to buy during their visits. Why then are they so
much against the idea of the very malls they dream of, coming to their cities
and towns? According to The
New York Times:
“Supporters contend that the chain’s
legendary low prices have democratized consumption, allowing low-income
households to afford flat-screen televisions, for example. Critics say those
low prices have depressed domestic wages and exported manufacturing jobs to
foreign countries, hurting Americans more than helping them.”
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