Posts

Modi in a Chakravyuh

Image
Thought for the day “Every positive value has its price in negative terms... the genius of Einstein leads to Hiroshima.” -           Pablo Picasso (Spanish, 1881-1973) Word for the day Idem (pronoun) The same as previously given or mentioned. (Source: Dictionary.com) Teaser for the day Degeneration of a movement: 2012: Our struggle is only to make the life of common man better. 2013: Only AAP can make common man’s life better. 2014: Whatever AAP does is the only thing that is good for common man. Modi in a Chakravyuh From business confidence and financial market view point a large majority of participants feel that Narendra Modi’s elevation to PM office would be a good thing. Even rating agencies like Moody & S&P and many global research firms have also echoed similar sentiments. Besides, many have also expressed concerns that the continuation of current regime c...

In this Mahabharata no one shall remain neutral

Thought for the day “If anything is certain, it is that I myself am not a Marxist.” -           Karl Marx (German, 1818-1883) Word for the day M isoneism (n) Hatred or dislike of what is new or represents change. (Source: Dictionary.com) Teaser for the day I do not know why there is so much excitement over AAP’s sarkari dharna in Delhi. Communists ran West Bengal for 35yrs in this manner only. Kolkata used to be choked almost every week for 35yrs. The only difference was that Jyoti Babu did not sit on dharna. They had cadre who zealously believes in them. In this Mahabharata no one shall remain neutral 2014 general elections in India are no ordinary elections. It is decidedly a referendum on the desire and commitment of people for change in the popular political discourse of the country. It is a two layered contest (a) between continuity of feudalistic politics dominated...

An election about personalities and egos

Thought for the day “Do not be anxious about tomorrow, for tomorrow will be anxious for itself. Let the day's own trouble be sufficient for the day.” -           Jesus Christ Word for the day Perspicuous (n) Clearly expressed or presented; lucid; perspicacious (Source: Dictionary.com) Teaser for the day AK on many occasions has publically pretended his absolute faith in God, especially when asked about his security. The question is if God is there to secure everyone, why Delhi government needs police to secure the life of its citizens? Or AK believes that God is exclusively on AAP duty these days! An election about personalities and egos The 3QFY14 results have so far been a continuation of 2QFY14. There is nothing to suggest any break in the continuity – slowly improving US demand, poor domestic infrastructure & capex demand and slowly contracting consumption d...

India needs a true coalition, even if it means a third front

Thought for the day “Once you make a decision, the universe conspires to make it happen.” -           R. W. Emerson (American, 1803-1882) Word for the day Bosky (adj) Covered with bushes, shrubs, and small trees; woody; shady (Source: Dictionary.com) Teaser for the day Does Congress understand the meaning of bipartisan legislations? When you pass a law because the opposition agreed to your request for a bipartisan legislation, you do not claim sole credit for that law (Food Security, Lokpal, Land Acquisition etc.). India needs a true coalition, even if it means a third front Prior to 2009 elections, the scare of ‘insidious’ communists and Mayawati coming to power was so pervasive that nobody was willing to even reason why the communists were bad and why it was not preposterous for Dr. Manmohan Singh (MMS) to destabilize the government and nation in the extremely tough glo...

‘The great India story’ – revisiting the fable

Thought for the day “To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment.” -           R. W. Emerson (American, 1803-1882) Word for the day Litigious (adj) I nclined to dispute or disagree; argumentative. (Source: Dictionary.com) Teaser for the day After publically saying that no sitting MLA will be given Lok Sabha ticket, Arvind Kejriwal says he will contest Lok Sabha election if Party tells him to do so! Does someone recall Idi Amin? ‘The great India story’ – revisiting the fable Conventional economists have long argued that monetary and the real economies interact in a limited way through the determination of nominal quantities such as prices, wages, exchange rates and so forth. Therefore although a change in the quantity of money may create short term disruptions, the real economy would eventually settle at the...

Begin at the bottom

Thought for the day “Even if you are a minority of one, the truth is the truth.” -           Mahatma Gandhi (Indian, 1869-1948) Word for the day Hornswoggle (v) To swindle, cheat, hoodwink, or hoax. (Source: Dictionary.com) Teaser for the day Given the Binny – Kejriwal mudslinging on TV channels, should   AAP ask people of Laxmi Nagar (East Delhi) as to whether they would like to recall their MLA Vinod Kumar Binny? Begin at the bottom In my “Discover India” tour last summer ( see here ) I found that even after more than 6 decades of becoming an independent political union, India is still far away from becoming a socio-economic union. The failure of national economic policy in recognizing this regional diversity is perhaps one of the primary reasons for sub-optimal outcome. Most of the states, regions within states and communities within regions have diverse socio-eco...

Not just the cap, we need more of Gandhi

Thought for the day “Know thyself.” -           Ancient Greek aphorism Word for the day Antebellum (Adj) Before or existing before a war; prewar (Source: Dictionary.com) Teaser for the day Congress supports AAP which publically spits venom against it; does not subscribe to its current favorite policies (like FDI in retail and fiscal prudence); makes unconstitutional announcements (like electricity subsidy without Assembly approving the budget); and makes seditious gestures like “I want complete independence” and “Inquilab Zindabad”.  Is it just to keep BJP out or there is something deeper running here? Not just the cap, we need more of Gandhi Twelve village councils in Niyamgiri area of Odisha rejected the proposal of Vedanta group to mine bauxite from the area for its Aluminum project. Though the mining proposal certainly has other concerns such as environmental deg...