Finance Minister P. Chidambaram’s Budget 2008-09 has aroused widespread interest in the methods of saving our small and marginal farming families from indebtedness and acute economic distress, which lead to occasional suicides. The steps proposed in the Budget will give relief to nearly four crore farmers, at an estimated outlay of Rs 60,000 crores. As stressed by Mr Chidambaram, this is a major step in recognising the indebtedness of the country to farm families who, through their toil in (…)
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Looking beyond Farmers’ Suicides and Loan Waivers
10 March 2008, by M S Swaminathan -
Union Budget 2008-09
10 March 2008, by Jayati GhoshThis was supposed to be a “people-friendly” Budget. After all, the government has completed nearly four years of its tenure and this was almost its last chance to make good on its promises to the people in the National Common Minimum Programme. And then, general elections are due after a year. So even the most basic political sense should have ensured a Union Budget with allocations that would benefit the people.
But the surprise is that, going beyond the verbiage of the budget speech, (…) -
A Book-keeper’s Exercise
10 March 2008, by Nikhil ChakravarttyIt’s like a political rope trick, Chidambaram’s maiden Budget as the Finance Minister of the United Front Government. Everyone from V.P. Singh and Somnath Chatterjee to the captains of the corporate giants have praised it and the Finance Minister coiuld go home in peace, as he has been anointed by the media as “Thiruvalluvar’s Disciple”. Indeed a long way that the young politician has travelled from the day when he promptly quit as the Commerce Minister to avoid being invoked in the affairs (…)
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Increasing Prosperity, Growing Insecurity
10 March 2008, by Girish MishraIt is beyond dispute that, in recent decades, the prosperity of a large segment of the Indian middle and upper classes has increased rapidly. With accelerating average annual rate of economic growth, these segments have cornered most of its fruits. Looking at high-rise buildings, opening of fashionable malls and the increasing number of four-wheelers in towns and cities, one may easily discern this.
With this growing prosperity, however, has come a sense of insecurity to haunt the (…) -
Prospering India, But For Whom?
10 March 2008, by Ch. Paramaiah, Vinod AnandEconomists and various studies conducted across the globe envisage India and China to rule the world in the 21st century. For over a century the United States has been the largest economy in the world but major developments have taken place in the world economy since then, leading to the shift of focus from the US and the rich countries of Europe to the two Asian giants—India and China.
For the year 2006-07 India’s GDP grew at an impressive 9.2 per cent. The share of different sectors of (…) -
Kerala People’s Plan Revisited
10 March 2008, by Gilbert SebastianAlthough the decentralised approach for governance and development had gained wide recognition in India even before independence, it was only as late as in 1992 that this approach got the much needed constitutional recognition with the enactment of the 73rd Constitution Amend-ment Act. In order to institutionalise participatory democracy and decentralised planning in the rural areas, Article 243G mandates that the panchayats should prepare plans for ‘economic development and social justice’ (…)
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Women’s World
10 March 2008, by Minakshi Sethy, Prabira SethyIntroduction
March 8 happens to be the International Women’s Day. To mark the occasion the following article is being published to focus attention on a societal problem involving women’s dignity and safety.
The recent disgraceful molestation incident of two non-resident Indian (NRI) young women by the rowdy mob on New Year’s Day outside the J.W. Marriot hotel at Juhu, Mumbai, has shocked the nation. The incident terrifies most of us because it shows the fragility of the protection that (…) -
Lop-sided View of Indian Politics and Misgivings
10 March 2008, by Amna MirzaBOOK REVIEW
Political and Incorrect: The Real India, Warts and All by Tavleen Singh; Harper Collins, New Delhi; 2008.
Here comes a compilation of articles by Tavleen Singh, who needs no introduction to the journalist fratenity in the country. The book covers a wide terrain—her insights from 1987 till the present time. Her writing style is lucid and explicit. The issues chosen for this book are of foremost concern today like Mayawati’s ascendancy to the throne, the Uphaar tragedy, (…) -
Socialism stands Betrayed — by Socialists!
10 March 2008, by T J S GeorgeWho killed socialism? On history’s witness, we will have to admit that socialism was done in by socialists and in particular by those who set up communist states in different parts of the world.
All but one of the countries where communism tasted power have embraced capitalist means to develop themselves. The one was India. That’s why the debate triggered by Jyoti Basu should be welcomed as healthy. Socialism is not possible when we live in a capitalist system, he said. That’s no (…) -
Call to the Creative Community
5 March 2008, by Suhas BorkerFifteen years ago, in early 1993, following the Ayodhya crisis and Mumbai riots, artists and writers came under a serious threat from communal and divisive forces. In July that year, the Convention on Freedom of Expression was held in New Delhi. Suhas Borker, one of the Conveners of the 1993 Convention, has sent us these lines for publication in this journal. These lines were penned at that time as the Call to the Convention and sent to the creative community all over the country. The (…)
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