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THE INDIAN EXPRESS, TUESDAY, DECEMBER 1, 2020
WORDLY WISE
FOUNDED BY
Reimagining the herd
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RAMNATH GOENKA
Key Covid challenge is to institute transparent
BECAUSE THE TRUTH INVOLVES US ALL
mechanisms at points where science meets policy
A
COVID-19 a pandemic, the consensus in the zymes of the host’s cells for example. India, for instance, produces 60 per cent of
scientificcommunitywasthat humanity isin Knowledge of the spike protein — the corona the world’s vaccines and is home to the
SFARMERSPROTESTINGtheCentre’snewfarmlawsgatheredatDelhi’s for a long haul. There was no antidote to the or crown that gives the coronavirus its name largestmanufacturer,thePune-basedSerum
doorstep,demandingthatthegovernmentlistentotheirconcerns,shrill contagionandthemostoptimisticprediction andisitslifeforce—hasinformedunderstand- Institute. Yet, the country also has the largest
sections of the BJP have rashly reached for an older playbook. Instead of was a vaccine by the middle of 2021. A shield ing of the ways in which the immune system number of unvaccinated children in the
beginning a dialogue with the farmers to address their anxieties, many against COVID-19 is still in the works but we behaves when a person contracts the novel world. NSO data shows that less than 60 per
in the ruling party in Haryana and at the Centre have sought to suggest are close to taking the first steps towards re- coronavirus.Approachestargetingthisrogue centchildrenreceivetheentirebasketof vac-
solving the lethal conundrum much earlier protein,whetherthroughgeneticmaterialas cines.Securing 1.3 billion people willrequire
that the agitating farmers, overwhelmingly from Punjab, are being instigated or misled,
than anticipated — the first vials of a vaccine in the case of the vaccines developed by a massive public policy effort at bolstering
that they are mere puppets and pawns in a larger conspiracy sponsored by the Congress — arelikelytorolloutinthenexttwomonthsand Moderna and Pfizer or through a viral vector the country’s public health infrastructure,
or infiltrated by those whom Haryana Chief Minister ML Khattar has called “unwanted el- ifallgoeswelltherewillbemorethanonepre- from chimpanzees as in the Oxford- roping in the private sector without imper-
Contemporary medical
ements” and others have not hesitated from describing as “Maoists” and “Khalistanis”. ventive against the contagion. In a year when AstraZeneca vaccine, have benefitted from illing equity and obviating black markets as
Name-callingorotheringisaneasybutunbecomingstrategyforarulingpartywhenfaced nothingseemedtobegoingright,theworkin history shows that earlier trysts with coronaviruses. well as checking the diversion of resources
withpopulardissent,atanytimeandinanycontext.Itisespeciallyunwise,however,when laboratoriesinseveralpartsoftheworldisone achievements in laboratories The caveat, based on historical evidence, from regular immunisation programmes.
the BJP wields it in this moment, against the protesting farmers from Punjab. This is the of the few comforting developments. often have a long and that vaccines take years to develop should The key challenge will be to institute
For most of us, the yearning for a vaccine thus be measured against humankind’s transparentmechanismsatpointswheresci-
state, after all, of a hard-won peace and stability, after a decade lost to turbulence and ter- tortured path to people’s
is a relatively new experience. The epic fight nearly 20-year-long endeavour to neuter ence and research meet public policy.
rorism. In Punjab, all players and stakeholders must know, any attempt to play with the againstthedreadedsmallpoxispartof reced- well-being, especially the coronaviruses.Butit’saseriouscaveat,never- Inoculation drives have a history of making
“Khalistani” label and spectre is fraught with peril. ing memory. Immunisation programmes most vulnerable. India, for theless. We can say for certain that the fron- communities edgy. Rumours run rife and
The BJP needs to tread especially carefully also because it lost a crucial interlocutor af- have,of course,becomefarmorerobustsince instance, produces 60 per trunnercandidatesareaptattrainingtheim- vaccine hesitancy has been the Achilles heel
ter the breakup of its long alliance with the Shiromani Akali Dal recently. The partnership the 1950s when Jonas Salk’s discoveries gave mune system to recognise the spike protein for almost every immunisation programme
humanity the upper hand against the crip-
cent of the world’s vaccines of the novel coronavirus and produce anti- in history — a Lancet paper of May 2019 re-
with the SAD was a way for the BJP to gain a foothold and expand in a state dominated by and is home to the largest
pling polio virus. But the stakes in a vaccine bodiestotargetit.Butaretheyenoughtopre- ported“delayinacceptance orrefusalof vac-
the Congress and the regional party —but it also served a larger political purpose. After the
against COVID-19 are unprecedented. manufacturer, the Pune- venttransmission?Oristheirefficacylimited cinesdespiteavailability of vaccination serv-
insurgency of the 1980s, the coming together of the “Hindutva” and “panthic” parties be- Economies have gradually opened up after to preventing individual recipients from icesinmorethan90percentcountries inthe
based Serum Institute. Yet,
camesymbolicof theforgingandrevivalof asyncreticculture,aPunjabiyatlargerthanthe lockdowns during the early months of the fallingsick?Oncurrentevidence,wecanonly world”.Incaseof theCOVID-19vaccine,with
sum of the two state’s two main communities. If the SAD was still with the BJP, if the Modi pandemic, festivals have been celebrated, al-
the country also has the answer the latter query in the affirmative. A much in the realm of the unknown, any
ministry still had a SAD representative — it withdrew its minister and walked out of the al- beitinasubduedmanner,andpollshavebeen largest number of conclusive answer to the first question will opacityon safety issues willcome in the way
liance over the same farm laws that are at the heart of the current discontent — the Centre conductedinseveralcountries.Butit’sthevac- unvaccinated children in the require periodic swab tests on the partici- of building public confidence in the work in
cinethatpromisestosetusfree,givebackthe world. NSO data shows that pants of the final trials — and tests, as our ex- laboratories.
mighthavefounditeasiertocommunicatewithaprotestdominatedbySikhfarmersfrom
quintessentialhumanfreedomofassociation, perience of the pandemic has shown, are a The sheer scale of the anti-COVID vacci-
Punjab, the path to a dialogue arguably softened and eased by the social coalition brought and,mostimportantly,relievetheanxietyand less than 60 per cent children fraught issue. nation makes it unprecedented in human
together by the political pact. worry that has become the leitmotif of life in receive the entire basket of All this means that the novel coronavirus history. Securing localities, districts, states,
Today,evenastheBJPconfrontsangryfarmersfromPunjabbereftofacrucialPunjabally, large parts of the planet. vaccines. Securing 1.3 billion could be at large months after the first jab is even entire countries or regions will not be
pressure may be building on the SAD to assume a more hardline stance in the current cri- That’swhatmakestheresearchinlabora- people will require a massive administered. The initial months of the vac- enough against a virus that multiplies at a
sis.Ithaslongdefineditself asapartyof thepanthandof thepeasantry.Now,itmustnego- tories, virtually at breakneck speed, so signif- cinationdrive—perhapseventhefirstyear— dizzying speed. The herd to be inoculated
icant. It has evidently helped that the epi- public policy effort at couldbeakintoanextendedinoculationtrial. against the contagion has dimensions not
tiate, all over again, a separate space and identity. For both the BJP and its erstwhile ally,
demics caused by pathogens of the bolstering the country’s Theemergingdataislikelytonecessitatefine- scaled in human history. That makes the
therefore,thedaysaheadwillbechallenging.Theymustbemindfulofthestakesinremain-
coronavirus family in the past 20 years, SARS public health infrastructure, tuning the initial products and as several ex- medical, economic and public policy dilem-
ing sober and getting it right — for farmers, for Punjab, and for the country. andMERS,havepushedscientiststostudythe pertshavepointed,askingscientistsworking mas inextricable from the ethical aspects of
roping in the private sector
varied interactions between the human im- on different anti-COVID vaccines in different vaccine distribution. Too often in recent his-
without imperilling equity
STRIKE ONE
mune system and contagions. These out- parts of the world to join forces — or create a tory, inoculation drives have left the margin-
breaks petered out before vaccines could be and obviating black bouquet of complementing preventives. alised in the lurch. The novel coronavirus
developed.Buttheresearchhasstoodhuman- markets as well as checking In more ways than one, this could be the forces us to do things differently, it demands
ityingoodsteadinthebattleagainstitslatest make-or-breakperiodinthefightagainstthe a different conception of herd from science
the diversion of resources
First case under new UP anti-conversion law offers clinching bête noire. pandemic. Contemporary medical history and public policy.
We know that unlike other flu viruses, from regular immunisation shows that achievements in laboratories of-
argument for why it is an assault on individual freedom programmes.
T
coronaviruses make use of various biological ten have a long and tortured path to people’s kaushik.dasgupta@expressindia.com
HE FIRSTCASE filed under the regressive new anti-conversion law in Uttar
Pradesh illustrates precisely why this is a piece of legislation that enables
misuse and harassment, and how it endangers inter-personal relation-
DEATH OF A STUDENT
ships in a society already hostile to individual autonomy and desire. The
facts are these: A year ago, two adults who met in school fell in love and
eloped. They were brought back to their families, and a case of kidnapping filed by the
woman’s parents against the man, a Muslim, which led to his arrest. In court, however,
the woman rebutted the prosecution’s case that she had been abducted against her will.
Nevertheless, she was married off by her family to another person. Enter the “love jihad” It points finger at an education system that turns a blind eye to inequality
law. A day after the UP Governor cleared the ordinance, the woman’s family filed a case
against the 24-year-old Muslim man, accusing him of trying to force her to convert and
marry him.
Disha Nawani
This is new gloss on an old, depressing story that plays out far too often in Indian so-
EVER SINCE THE young student, Aishwarya education that we get. There is no awkward- particular kind of music/film, the list is long
ciety — that of families using all means at their disposal to browbeat young people, espe- ReddyfromLadyShriRamCollege,diedbysui- ness, guilt or repentance on part of either the and encompasses every part of their being.
ciallywomen,if theyexercisechoiceinloveandmarriage.Inmanysuchinstances,thelaw cide, the media, political activists and civil so- policymakers for the stratified education sys- COVID-19, however, unleashed multiple
is a weapon that often reinforces the power asymmetry involved and quells the chal- cietyingeneral,besidesexpressingshock,grief tem devised by them or us as consumers, for tensionsforallstudentsbutturnedtheworld
lenge from such unions to family fiat and archaic notions of honour. In Karnataka, an- and concern, have been busy identifying the gleefully lapping it up. upside down for those already struggling to
other state that is considering a version of this law against freedom, this paper has re- culprits responsible for her untimely death. While most students find it difficult to survive. Aishwarya would have also had her
Aishwarya’s story apparently has a “simple” come out of their vicious cycles of disadvan- share of troubles but the change in environ-
ported that Section 366 of the Indian Penal Code (dealing with kidnapping, abducting
narrative — an ambitious, bright girl from a tage, a few resilient ones manage to enter ment from college to home must have made
and coercing a woman into marriage) is being used to stop several inter-faith and inter- poorfamilytookherlifeduetoherinabilityto those elite institutions, to which there is lim- mattersworse—thebiggestof whichwasno
caste unions. Studies have shown how the law against rape has been used to criminalise buy gadgets required by her to continue her ited access. However, the challenges faced by access to those very gadgets which would al-
consensual relationships. online education. thesestudentsoutweightheinitialthrillofbe- lowhertocontinuehereducation,something
Given the structural inequalities of caste, gender and class that hobble Indian life, Four factors are being held primarily re- ingadmittedtosuchinstitutions.Onceadmit- shewassopassionateabout.Shewouldhave
the implementation of a law is often held hostage to entrenched power equations on sponsible for creating the circumstances that ted, the college treats them alike. Everything also experienced the painful everyday strug-
pushedhertochoosedeathoverlife.Theyare that the students go through — syllabus, cur- gle of her parents, the inability, desperation
the ground. But the UP government’s law is doubly dangerous because discrimination
havoccausedbythe“digitaldivide”inaccess- ricularresources,pedagogicprocesses,assess- and frustration of her father to buy her a lap-
is explicitly written into its provisions. In the hands of a conservative society and an ing online education, the Department of ment practices — is uniform/same for every- top and the guilt of pushing him to mortgage
overstepping police, it enables an unconstitutional assault on the rights of young men Science&Technology’s(DST)tardinessingiv- one,irrespectiveof the divergentspaces they their house and forcing her younger sister to
and women. In a climate of ceaseless communal polarisation, it is being used as a dog- ingherthewell-deservedscholarshipontime, comefrom.Childrenwithdifferentcaste,class, drop out of school.
whistle against the Muslim community. By allowing the state to certify what conver- and lack of knowledge on part of the college religionandethnicity,withunequaleconomic, Doallthesefactorsmakeherdeathherper-
sion is kosher or not, this law will pit Hindus and Muslims against each other in a zero- administration about its students’ socio-eco- socialandculturalcapital,arealltreatedalike. sonal problem, requiring counselling due to
nomic backgrounds because of which all stu- It is important to recognise Herein lie the seeds of inequality, because poverty, anxiety, depression and inability to
sum game in which the only winner is the overweening and unconstitutional power
of the vigilante state.
dents,exceptthefreshers,wereaskedtoleave the huge pressures on what seems to be equal and neutral is in ef- cope, etc? Or is it the responsibility of the col-
thehostelpremises.Thefourthfactorpointed students, even in regular fect unequal and biased. This does not mean legewhichadmittedherbutmadenoattempt
outbysomeisthegirl’sinabilitytoproactively thataheterogeneousmixof studentsaccess- toreachouttoherortheDSTwhichdidnotre-
circumstances — the
L
toaddressthedeepermalaiseplaguingoured- alised backgrounds. whoseesstatesupportasactsofcharitydoled
ucation system. multiple tensions for all It is important to recognise that the pres- out to the less fortunate ones?
ONGBEFORECOVID-19,Kaavanwasinlockdown.Thesoleexpatriateof his Attheoutset,weneedtoacknowledgethat sures faced by such students, even in regular
kind in Pakistan, since his partner Saheli died in 2012, he was overweight, ours is an unequal society and our socio-eco-
students but turned the circumstances are huge — the pressure to do The writer is professor and dean,
depressed and suffering from a series of ailments. Now, thanks to local ac- nomic and cultural locations determine the world upside down for those well academically, pressure to conform and School of Education, Tata Institute of Social
tivists, a celebrity champion and a lot of planning, he has moved to greener school that we go to and the nature/quality of already struggling to survive. look/dress/talk in a certain way, appreciate a Sciences, Mumbai
pastures, where there is hope of recovery aswell as company. The 36-year-
old pachyderm has been transported from the Islamabad zoo to an elephant sanctuary
in Cambodia.
Authorities at the zoo had initially denied that Kaavan was being mistreated. His ail-
ments and listlessness, they argued, were a result of loneliness. But after a long campaign
DECEMBER 1, 1980, FORTY YEARS AGO
supported by music legend Cher, a Pakistan court ordered that animals from the zoo be CM to take “stern action” against police offi-
relocated. Having been transported via jumbo jet to Cambodia, his ordeal is set to be- PM ON PRICES BHAGALPUR BLINDINGS cials concerned.
PRIME MINISTER INDIRA Gandhi warned of THE BIHAR GOVERNMENT has acted at last.
come the subject of a documentary — one which will, hopefully, also record a happy end-
ing to the story of the “world’s loneliest elephant”.
a further rise in the prices of petrol and other It has suspended 15 police officials and insti- PM BREAKS DOWN
petroleum products because of the contin- tuted 14 cases in the scandalous blinding PM Indira Gandhi broke down at the district
Elephants are, like homo sapiens, social animals with the ability to feel grief, loss, love uing war between Iran and Iraq. If the Gulf tragedy involving undertrials lodged in the development conference in Amethi while
and anger. Kaavan's life in Pakistan (where he was adored by the public) was never easy. War, already three months old, did not end, Bhagalpur central jail. Chief Minister speaking about her son, the late Sanjay
But with the death of Saheli, he became, as so many people have become over the last petroleum prices would go up beyond the Jagannath Mishra said this action followed Gandhi. At one stage, her voice choked and
year, lonely, listless and trapped indoors without anyone to share the misery with. control, the PM told her party workers at a “prime facie” evidence of “negligence of hereyesfilledwithtears.Hersobsseemedun-
Solitary confinement is widely acknowledged to be the most cruel of punishments, a tor- meeting in Rae Bareli. Later, talking to news- duty” against12 sub-inspectors, two inspec- controllable, but she composed herself.
men, Mrs Gandhi also ruled out the possibil- tors and one deputy superintendent of po- “Sanjayhadhisbaptismthroughfirethelikes
ture for higher mammals hardwired by evolution and socialisation into developing a
ity of any changes in the leadership of Uttar lice. He said all these police officials, already ofwhichIhadseenduringthefreedomstrug-
relational idea of the self — the “I” is formed only in how it is reflected in others. The Pradesh. She said: “There is no question of a sent out of Bhagalpur district, would be fac- gle. And this was his battle against the con-
next challenge for Kaavan is to make friends, and maybe even find love again. Unlike for change in the leadership of the state. Why ing departmental proceedings. Mishra’s an- certed attack by the entire opposition aided
humans, there is no smartphone app for him to swipe left and right while being en- shouldtherebeachangeatallwhenthestate nouncement comes in the wake of the state- by western forces,” she said. “It is the duty of
gaged in an illusory consumerism of friendship and desire. Maybe, for Kaavan in his is moving ahead under the leadership of mentmadebytheUnionHomeMinisterZail everybody to translate into reality the deeds
new home, that is just as well. Vishwanath Pratap Singh?” Singh in the Lok Sabha that he had asked the and dreams of Sanjay,” she told the people.
New Delhi
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SXVKLQJWKHLUFDXVHQRPDWWHUKRZVHOIVHUYLQJWKDWPLJKW by not restricting brick and
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EHKDVJLYHQWKHIDUPHUV·FDPSDLJQDSROLWLFDOKHIWWKDWKDVEOXQWHGWKHHGJHRIWKH&HQWUH·V ties to compulsory compliance
XQLODWHUDOLVP ,Q IDFW LW LV WKH ILUVW WLPH WKDW &RQJUHVV &KLHI 0LQLVWHUV OLNH 6LQJK DQG with “not-for-profit agenda,” as
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DJDLQVWWKHIDUP$FWVDQGIRUFLQJDGLVFXVVLRQRQFRQVHQVXVSROLWLFVVRPHWKLQJWKDWWKH s we enter the last month of capital.
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a calamitous year, my year-
end musings have been piv-
around the key
Removing the regulatory
restrictions on “not-for-profit”
institutions in education will
question —What led to a surge in create a facilitative environ-
WKH&HQWUDOODZV%XWDWOHDVW6LQJKKDVJLYHQWKH&RQJUHVVDWDONLQJSRLQWDWDWLPHZKHQ Modi’s popularity while the oppo- ment for private participation by
LW·VODQJXLVKLQJE\WKHZD\VLGH2IFRXUVHWKH3XQMDE*RYHUQPHQWFRXOGKDYHVLPSO\EURXJKW site happened to the elected lead- big domestic and overseas
ers of US and UK? Why did his brands, build optimal capacities
LQLWVRZQODZWRSLFNXSDOO6WDWHSURGXFHDW0LQLPXP6XSSRUW3ULFH063UHJDUGOHVV persona prevail despite the pan- and bring in technology while
RIWKH&HQWUDOODZVWKDWDOORZIDUPHUVDFFHVVWRZLGHUPDUNHWVEXWWKURZWKHPDWWKHULVN demic challenging resources and lowering costs per-child per-
RIEHLQJFKHDWHGRXWRIDIDLUSULFHJLYHQWKHFRPSHWLWLRQ7KHUHDUHIHDUVWKDWWKHROGHU policies? I would say that he kept annum.
the response specific to our reali- UNDP estimates that the
UHJXODWHGV\VWHPZKLOHFRH[LVWLQJZRXOGEHZHDNHQHGE\DSDUDOOHOPDUNHWDQG6LQJK ty rather than promising the moon total financial requirement for
SOD\HGRQWKHVHE\SXVKLQJDQDPHQGPHQWWRWKH&HQWUDOODZLWVHOINQRZLQJIXOOZHOOWKDW and went in for long-term trans- India to reach SDG 4 by 2030
LWZDVDQHJDWLYHUDWKHUWKDQDVVHUWLYHDFWLRQEXWZRXOGEHPRUHSROLWLFDOO\ORDGHG7KH formative measures that would is $173 billion per year, as
ILUVWDPHQGPHQWVD\VWKDWWKHVDOHRIZKHDWDQGSDGG\ZKLFKDUHWKH6WDWH·VFDVKFURSV equip the nation against any such against the current budgeted
unforeseen crisis in the future. outlay of $76 billion annually for
ZLOOEHYDOLGRQO\LIWKHVHOOHUSD\VDSULFHHTXDOWRRUJUHDWHUWKDQWKH063DQQRXQFHGE\ Trusteeship paradigm of gov- education.
WKH&HQWUDOJRYHUQPHQWDQGWKDWDQ\YLRODWLRQZRXOGEHSXQLVKDEOH7KHVHFRQG%LOOUHLQ erning the largest democracy: At The education sector will
WURGXFHVWKHPDUNHWIHHVRUOLFHQFHVIRUSULYDWHSOD\HUVRXWVLGHWKH$JULFXOWXUDO3URGXFH the recently concluded G20 sum- see explosive growth if Modi’s
mit, Prime Minister Narendra remain a subjective question as at international fora by demand- trade as America regains its plan to turn 1.2 million schools
0DUNHW&RPPLWWHH$30&PDQGLVZKLFKWKH&HQWUDOODZKDVDEROLVKHG7KLVLWVD\VZLOO Modi called for a new global index developed countries had greater ing the reform of archaic mul- leadership as the primary engine into “smart classrooms” is
EHXVHGWRFUHDWHDGLVWUHVVIXQGIRUVPDOODQGPDUJLQDOIDUPHUVKHQFHLVSRSXOLVW7KH based on “respecting nature in the flexibility for welfarist mea- tilateral institutions. of growth, instead of China, implemented by connecting
WKLUG%LOODWWDFNVWKHFHQWUDO$FWWKDWJLYHVXQOLPLWHGSRZHURIVWRFNLQJHVVHQWLDOFRPPRGL spirit of trusteeship of Mother sures to cushion vulnerable sec- As we enter the last month which augurs well for global 60,000 villages within three
Earth.” His collaborative response tions of society. In contrast, of a calamitous year, one is com- recovery. years with high-speed optic
WLHVWRWUDGHUVDQGUHDVVLJQVWKDWULJKWWRLWVHOIDUJXLQJWKDWSURGXFWLRQVXSSO\DQGGLVWUL in sync with multi-lateral institu- injecting four stimulus packages pelled to assess just what was it India is now uniquely posi- fibre. The Ministry of
EXWLRQRIJRRGVPDNHIRUD6WDWHVXEMHFW3XQMDELVDOVRSODQQLQJWRWZHDNWKHGHILQLWLRQ tions to prioritise ESG-centric worth 10 per cent of the GDP about Modi that he not only tioned for a faster climb-back Electronics and IT is contem-
RID´WUDGHDUHDµZKHUHIDUPHUVWUDGHUVDQGHOHFWURQLFWUDGLQJWUDQVDFWLRQSODWIRUPVDUH concerns (based on the tri-pillar of to fire up the economy was the retained but exponentially after a contraction of -7.5 per plating a public-private business
environment, sustainability and extent to which the widened his electoral base as cent, with the grounds being model for this visionary project,
JLYHQIUHHGRPWRGHDOLQIDUPHUV·SURGXFHZLWKRXWDQ\UHVWULFWLRQVWRFRYHULWVOLPLWV,WLV governance) commits to a much- Government could stretch its seen in the recently-concluded laid to expand economic activ- which will lower the cost of edu-
LPSRVVLEOHIRUWKH&HQWUHRUIRRGPDMRUVWRDJUHHWRVXFKFODXVHVEXW6LQJKKDVVFRUHG needed collective responsibility of limits, with the fiscal deficit dou- Bihar elections, despite a severe- ity. Optimism for an economic cation per child through e-
RYHUWKHPLJKWRIWKHUXOLQJ%-3RUDQ\VDQHDUJXPHQWE\FUXVDGLQJZLWK]HDODQGV\P all nations in managing the plan- bling to 7.7 per cent of the GDP. ly pandemic-ravaged econo- rebound is based on the struc- learning.
et’s resources. Were India’s containment my? Because 2020 was a year tural reforms undertaken in In order to evolve as a
EROLVP5DMDVWKDQ&KLHI0LQLVWHU$VKRN*HKORWDQG%DJKHOWRRKDYHSXVKHGDPHQGPHQW By the same yardstick, the measures and public messaging that savagely punished elected 2020, the lowered rate of corpo- knowledge-based economy and
%LOOVEXWZLWKQRWDVPDQ\SXQLVKLQJFODXVHV%XWWKHWKUHHKDYHFHUWDLQO\EXLOWPRPHQ Prime Minister’s post-pandemic of the COVID crisis the best? leaders for acts of omissions in rate taxation, a stable currency transit towards optimal digitisa-
WXPRQDQLVVXHWKDWPDWWHUVDFURVVKHDUWODQG,QGLDDQGKDYHVXVWDLQHGDQGPRELOLVHGD management of his own country Certainly not, when compared administering inadequate relief backed by strong foreign tion, the Modi Government
has paved the way for a new and to Vietnam, Taiwan, Canada, and rehabilitation, while out- reserves, vibrant FDI flows of has made great strides to push
PRYHPHQWDURXQGLWVWURQJHQRXJKWRJLYHWKH&RQJUHVVLWVILUVWFRJHQWWRRODVDQ2SSRVLWLRQ distinct style of governing democ- Germany or New Zealand. rightly rejecting Trump for £35.73 billion and the Finance brand India into the top 50
,QIDFWVWUDWHJ\RUQRWWKHWKUHH&RQJUHVV&KLHI0LQLVWHUVDUHQRWMXVWKROGLQJRQWR racies on a similar “trusteeship par- Was Modi’s early lockdown remaining in denial of a human- Minister’s nudge to increase countries club in the Global
WKHLUWXUIVEXWDUHDUWLFXODWLQJSRVLWLRQVRQQDWLRQDOLVVXHV%DJKHODQG*HKORWKDYHEHHQ adigm.” When benchmarked proactive or premature? Initially, itarian crisis of unprecedented CAPEX spending by public Innovation Index for the first
against global counterparts, Modi’s the response to relief and reha- scale. sector enterprises to drive eco- time. Our higher education
ZDUQLQJDJDLQVWWKHEUXWDOFRPPXQDOLVDWLRQRISHUVRQDOIUHHGRPVLPSOLFLWLQWKHSURSRVHG crises-management places him in bilitation was ad-hoc and knee- The answer lies in Modi’s nomic growth. Sustained buoy- institutions have improved their
´ORYHMLKDGµODZVE\%-3UXOHG6WDWHV6LQJKKDVUHIXVHGWKH&HQWUDO%XUHDXRI,QYHVWLJDWLRQ the league of the tallest global lead- jerk. But then the Government minutiae precision on last-mile ancy will, of course, depend on global rankings and in the
&%,HQWU\ZLWKRXWKLVSHUPLVVLRQ8QOHVVWKHUHLVDVWUDWHJ\WRGHIOHFWDWWHQWLRQIURPWKH ers for coming across as a trustee- swung into streamlining micro-management of 269 key the budgetary proposals and the Employability Rankings 2020
head of the nation, who from the Centre-State coordination for projects, down to the district efficacy of the vaccine in con- Index, India has scaled up to the
FHQWUDOOHDGHUVKLSWKH&RQJUHVVFKLHIWDLQVDUHGRLQJSUHWW\ZHOODVWKHYRLFHRIWKH2SSRVLWLRQ beginning, remained visible, DBTs and food grains reaching level percolation. As India trolling future surges. 15th position globally. However,
RQWKHLURZQ7KHSUREOHPLVSHRSOHVWLOOZDQWWRKHDUWKHFHQWUDOOHDGHUVKLSDQGH[SHFWLW accountable, admonishing, nudg- 800 million people. approaches the delivery stage of Going beyond crisis man- we need to scale up to skill/re-
WRVWHHUWKHGLVFRXUVH%XWHYHUVLQFHWKH+DWKUDVUDSHPXUGHUFDVHZKHQWKH*DQGKLVFLRQV ing and persuasive. At the same During disaster manage- the vaccine, Modi’s forward- agement, the Government skill 40 crore people by 2022 in
YLVLWHGWKHYLFWLP·VIDPLO\DPLGKLJKGUDPDWKH\KDYHEHHQVLOHQW,QIDFWWKDWZDVDELWRI time, he was empathetically “shep- ment, it is impossible to forecast planning is becoming more needs to scale up human order to match up to the pace
herding his people, instead of the duration or depths of force job-stepped by visiting vaccine resource capital and find newer of virtualisation which is a key
DKLWDQGUXQJLYHQWKHLUEHOOLJHUHQFHDVZHDUH\HWWRKHDUIURPWKHPRQDIROORZXSWRWKH resorting to punitive measures majeure damages as no leader hubs to fine-tune distribution avenues for raising capital enabler for economic recovery
FDVH&RQWUDVWWKDWWRWKH&KLHI0LQLVWHUVZKRKDYHVWD\HGZLWKWKHLUUHVSHFWLYHFDXVHV that would have regressed econom- can possibly see the end of the mechanisms, down to assessing resources. as these measures remain a
$OVR6LQJK*HKORWDQG%DJKHOKDYHGHIHQGHGWKHOHDGHUVKLSWRRWKDQGQDLOVSHDNLQJRXW ic recovery.” tunnel clearly when adversities the availability of cold storage Second, if we aspire to work-in-progress.
Democracies, noticeably for strike. While the US and the chains and ancillary equipment make India a “Plus One” invest- I conclude this analysis by
DJDLQVWWKH&RQJUHVV·GLVVHQWHUVVD\LQJLWZDVPRUHLPSRUWDQWWRFRDOHVFHDJDLQVWWKH the last five years, have mutated UK’s health infrastructure is like syringes. ment destination, gaps must be paraphrasing an opinion from
%-3RQJUDYHULVVXHVWKDQILJKWDPRQJWKHPVHOYHVRUODPSRRQWKHOHDGHUVKLS$QGWKDW their strains, deviating from the ranked among the best by the India ready for economic plugged for delays in contract The New York Times, which
´HOHFWRUDOGHIHDWVZHUHQRWWKH\DUGVWLFNIRUOHDGHUVKLSFKDQJHµ4XHVWLRQLVZLOOWKH&RQJUHVV original concept of fair, inclusive Global Health Security Index, take-off? In January 2021, the enforcement. India takes 1,440 lauded Modi’s initiatives by
and participative governance to India’s “mortality rate per mil- levers of global growth are days to implement contracts stating that he fared “better than
OHDGHUVKLSUHZDUGWKLVOR\DOW\DQGEULQJLWVFKLHIWDLQVIRUZDUGRUXVHWKHPIRUILUHILJKWLQJ" morphing into illiberal and total- lion” remained among the low- expected to rebalance more against 150 days in Singapore. many peers because he acted
7KHIDFWWKDW6LQJKDQG%DJKHODUHPRUHSRSXODUWKDQ5DKXO*DQGKLLQWKHLUKRPH6WDWHV itarian regimes. Viewed in this con- est. favourably towards a partial We need to hasten dispute res- decisively, pre-emptively and
VKRZVWKDWWKH&RQJUHVVGRHVKDYHOHDGHUVRIPHULWZKRFROOHFWLYHO\KDYHLWLQWKHPWR text, a “trusteeship model of Modi’s popularity: Modi return to globalisation, which is olution and follow Vietnam’s relatively early...Modi’s success,
democracy” is in sharp contrast to 2.0 in 2020 is a distinctly a distinct reversal from the example of allocating large land analysts say, may be more
UHYLYHWKHSDUW\DQGNHHSLWUHOHYDQW7KH&HQWUDOOHDGHUVKLSKDVQRFKRLFHEXWWRGHYROYH the ascent of authoritarian leaders, changed persona, in image, in economic insularity of the parcels on lease/rent/ mort- durable. He’s widely seen as a
SRZHUDQGEXLOGDVHPEODQFHRIUHSUHVHQWDWLRQDOGHPRFUDF\LQLWVRUJDQLVDWLRQDOVWUXFWXUH even in the most advanced democ- demeanour, in electoral rhetoric, Trump era. With President- gage. mobiliser, not a despot...”
,QIDFWWKH&RQJUHVVKDVKLVWRULFDOO\KDGVWURQJUHJLRQDOOHDGHUV,IRQO\LWZHUHWRQXUWXUH racies. in elevating the national agen- elect Joe Biden taking charge Third, the pandemic forces (The author is a columnist
Was the Modi-led da above narrow political, ide- next month, economic recovery a relook at our woefully inade- and Chairperson for the National
WKHLUVWUHQJWKVWKDQPDNLQJWKHLUFRQWLQXLW\FRQGLWLRQDORQGRLQJWKHELGGLQJRILWVILUVWIDP Government’s response to the cri- ological or populist gains, and is expected to accelerate with the quate investment in healthcare, Committee on Financial
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denial of the presidential election TabU^aP]PeTaPVT8]SXP]XbP]TbbT]cXP[X]VaT Shaheen Bagh and other cases,
VWLOOGRQRWNQRZZKHWKHUWKHLQGLYLGXDOZDVJLYHQWKH outcome is getting more extreme SXT]cU^a\P]hRdXbX]TbP]SaTRX_Tb5a^\b_XRh pertaining to protests against
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UDLVHGE\KLVODZ\HUVDUHVOLJKWO\VXVSHFW7KHLQVWDQW Donald Trump’s lawsuits have R^^ZX]VP]hcWX]VfXcW^dcXc1dcXcP[b^WPbWXVW\TS Act, this brutal silencing of protest
FRXQWHUVXLWE\6,,PDNHVRQHVXVSHFWZKHWKHUWKLVZDV been failing with his pleas get- XRX]P[eP[dT was all but expected.
ting rejected in US courts. 8UU^[ZaT\TSXTbPaTc^QTQT[XTeTS^]X^]bR^d[S The discontent of farmers in
MXVWDQH[WRUWLRQDWWHPSWEXWRQHWKLQJLVFOHDUWKHLQGLYLGXDOLQYROYHGKDVOLWWOHFKDQFHRI The latest bit from a Trump caTPcR^[SR^dVWPbcW\PP]SQa^]RWXcXb0\^]V^cWTa this country has been growing
VXFFHVVLQFRXUWDVYROXQWHHUVWRFOLQLFDOWULDOVIRUDQ\PHGLFDWLRQVKRXOGEHIXOO\DZDUH interview — “This is total fraud ]dcaXcX^]P[ QT]TUXcb ^]X^]b bcX\d[PcT Va^fcW ^U over the years due to the Central
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FRXOGDOVRPHDQGHDWK Department of Justice, I don’t RW^[TbcTa^[[TeT[bCWTbd[UXSTX]^]X^]aTSdRTbcd\^a the rural economy. Farmers have
7KHH[WUHPHO\UXVKHGUHVHDUFKDQGGHYHORSPHQWIRUYDFFLQHVWRFRXQWHUWKH&29,' know, maybe they’re involved” Va^fcWP]SXbQTX]VTg_[^aTSPbP_^bbXQ[TX]VaTSX experienced a growing mismatch
YLUXVZKLFKKDVGHYDVWDWHGWKHJOREDOHFRQRP\DQGGULYHQPLOOLRQVDFURVVWKHZRUOG — shows that doubts will always T]cX]cWTRdaTU^aRP]RTa XcfXcWfPa\fPcTa>]TRP]P[b^\Xg^]X^]YdXRTfXcW between their production efforts
remain around the verdict. CWTU[Pe^]^XSbX]^]X^]WT[_X]aTSdRX]VQPSRW^ [T\^]YdXRTP]S\PbbPVTcWTbRP[_fXcWXcCWXb_aT and income under the current
EDFNLQWRSRYHUW\PLJKW\HWEHVXFFHVVIXOEXWUXVKLQJFOLQLFDOWULDOVZLOOPHDQWKDWFHU Surely, the FBI and DOJ are [TbcTa^[fWX[TcWX^bd[UX]PcTcWX]b^dccWTQ[^^SUdacWTa eT]cbWPXa[^bbP]SSP]SadUU regime.
WDLQDGYHUVHHIIHFWVDQGHYHQDGHDWKRUWZRPLJKWRFFXU7KRVHZKRYROXQWHHUIRUVXFK beyond reproach as their basic CWTbTcaPSXcX^]P[_aPRcXcX^]TabbPhaTSdRTcWTaXbZ^U 8]cWTbTcX\Tb^UX\\d]XchQ^^bcTabfT\dbc Climate change and its out-
WULDOVVKRXOGEHPDGHIXOO\DZDUHRIWKHULVNVDQGWKH\XVXDOO\DUH,QFDVHWKLVLVJHQXLQH purpose is to protect the US and WTPacPccPRZP]Sbca^ZT>]X^]P[b^bcX\d[PcTbWPXa cP_X]c^^da_[P]cfTP[cWP]SWTaXcPVTP]SSTeT[^_P comes have already worsened the
its way of life. They serve the Va^fcWQTRPdbT^UcWTWdVTR^]cT]c^Ubd[_WdaX]Xc W^[XbcXRfT[[QTX]Va^dcX]TX]^daSPX[h[XeTb<dRW^U farmers’ condition. The new
DQGLWZHOOPLJKWEHWKHLQGLYLGXDODQGKLVIDPLO\VKRXOGEHFRPSHQVDWHGIRUKLVWULEXOD country and its President, 8cbcX\d[PcTbQ[^^SU[^fP]S_a^SdRTbR^[[PVT]fWXRW ^daWTaQP[WTaXcPVT]TTSbc^QTaTR^V]XbTSP]S_PcT]c farm Acts expose them to mar-
WLRQV7KHV\VWHPRIFOLQLFDOWULDOVLQ,QGLDVKRXOGHQVXUHWKDWWKRVHZKRWDNHXSRQWKH regardless of who is in power. WT[_bX]cWTVa^fcW^UWPXa>]TRP]TgcaPRcXcbYdXRT TSU^a_WPa\PRTdcXRP[dbTb ket fluctuations, hence the inse-
FLYLFUHVSRQVLELOLW\WREHWWHUPDQNLQGE\VXEMHFWLQJWKHLUERGLHVWRVXFKLQVDQHULVNVVKRXOG The 1960s TV series, F.B.I, \XgXcfXcWP[\^]S^X[^aR^R^]dc^X[P]S\PbbPVTXc 9dQT[32adi curity. The community of farm-
starring Efrem Zimbalist, Jr, ^]cWTbRP[_*[TPeTXcU^aPa^d]S#$\X]dcTb*cWT]fPbW <d\QPX ers is thus right in feeling agitat-
EHJLYHQDGHTXDWHFRYHUDJHIRUWKHGDQJHULQYROYHG(YHUVRRIWHQLQ,QGLDPDQ\WULDOV may have been over the top but ed. The Government can try and
DUHKLJKO\ULVN\DQGWKRVHZKRYROXQWHHURIWHQIURPSRRUHUIDPLOLHVDUHGXPSHGDQGOHIW the good guys are still serving certified Trump’s Democratic as the winner but made it clear use stadiums to imprison protest- keep farmers under control but
ZLWKRXWFRPSHQVDWLRQRUUHFRXUVHLIWKLQJVJRZURQJ7KHUHPD\EHPRUHWKDQZKDWPHHWV their country by working for the rival Joe Biden as the winner in he was not prepared to “concede” ers (farmers). It is a small mercy it cannot deny the discontent that
FBI and not against it. Shame on the State which has 20 electoral the election. that the Delhi Government is growing among 60 per cent of
WKHH\HLQWKLVSDUWLFXODUFDVH%XWWKDWVKRXOGQRWWDNHDZD\IURPWKHWUHPHQGRXVULVNV you, President Trump! college votes. Dennis Fitzgerald refused to grant the police the the country’s voting population.
DQGWURXEOHVWKDWPDQ\FOLQLFDOWULDOYROXQWHHUVSXWWKHPVHOYHVWKURXJK7KLVDOVRKLJK A court in Pennsylvania has Trump told reporters on Melbourne, Australia permission to do so. These farm- They could turn the tide.
OLJKWVWKDWFRPSDQLHVLQYROYHGLQFOLQLFDOWULDOVZKHWKHUWKH\DUHODUJHJOREDOSKDUPDFHX dismissed a lawsuit filed by Thursday that it would be “hard” ers have simply been protesting Bhagwan Thadani
Trump’s team, observing that to concede to Biden, a against a law that they don’t find Mumbai
WLFDOILUPVRUVPDOOUHVHDUFKILUPVLQ,QGLDVKRXOGEHPRUHRSHQDQGWUDQVSDUHQWDERXW “voters, not lawyers choose the Democrat. He said he would 6Qb]Ubcµg_Uc favourable. They have as much
ZKDWWKHYROXQWHHUVVXIIHU6,,ZRXOGGRZHOOWRWHOOXVWKHHQWLUHVWRU\OHVWWKLVEHFRPHV President.” The judgement came leave the White House if the Sir —In a democracy, it beats rea- right to make themselves heard BT]Shh^daUUTTSQPRZcc^)
DFDVHZKHUHWKHDQWLYDFFLQHPRYHPHQWFDQJHWDIRRWLQWKHGRRULQ,QGLD four days after Pennsylvania Electoral College declares Biden son that its police force wants to and be invited to negotiations in [TccTabc^_X^]TTa/V\PX[R^\
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ince 2014, the Narendra Modi Government
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S has weeded out close to 44 million bogus
ration cards by using the Information
Technology (IT) infrastructure viz. digitisation,
seeding of Aadhaar on ration cards, electronic
<RJL$GLW\DQDWK7KRXJKKHGLGQRWFDPSDLJQHYHQ3ULPH0LQLVWHU point of sale machines at retail shops and so on.
1DUHQGUD0RGLYLVLWHG+\GHUDEDGWRUHYLHZWKHSURJUHVVRIWKH&29,' However, this addresses only a small aspect of the
YDFFLQHFOLQLFDOUHVHDUFKRQ1RYHPEHU)LUVWRIDOOWKH%-3 problem and that, too, is unlikely to be rooted out
ZKLFKVXUSULVHGHYHU\RQHE\ZLQQLQJIRXU/RN6DEKDVHDWVRXWRI completely with the use of technology alone.
LQ7HODQJDQDLQJRWWKHPRPHQWXPDQGFRQWLQXHGZLWK Besides, large-scale diversion and black market-
DQRWKHUVXUSULVHYLFWRU\LQWKH'XEEDNDE\SROOVHDUO\LQ1RYHPEHU ing of grain, inclusion of the privileged among
beneficiaries, a ballooning subsidy bill and so on
$IWHUWKHUHFHQWVWXQQLQJSHUIRUPDQFHLQWKH%LKDU$VVHPEO\HOHF will persist so long as the extant system of rout-
WLRQVWKHSDUW\·VPRUDOHLVKLJK6HFRQGLIWKH%-3ZLQVWKH*+0& ing food subsidy through State agencies contin-
SROOVLWPHDQVWKDWWKHVDIIURQSDUW\LVFRQWLQXLQJLWVZLQQLQJVSUHH ues. What then is the way forward? The
0RUHRYHUWKH%-3LVSRVLWLRQLQJLWVHOIWRVSUHDGLWVIRRWSULQWIXU Government should stop selling food at a sub-
WKHU6RXWK$VRIQRZWKHSDUW\LVZHDNWKHUHDVLWKDVRQO\RQH sidised price. Instead, it should limit its role to
6WDWH*RYHUQPHQW.DUQDWDNDLQLWVNLWW\7KLUGWKH%-3ZDQWVWR crediting subsidy directly to the accounts of ben-
FXWWKH$,0,0WRVL]H7KH$VDGXGGLQ2ZDLVLOHG$,0,0KDVDOZD\V eficiaries. When foodgrains at C1/2/3 per kg are
EHHQVWURQJLQWKH+\GHUDEDGUHJLRQ2ZDLVLKDVH[SDQGHGKLVSDUW\ not available, these maladies will be automatical-
WR0DKDUDVKWUD8WWDU3UDGHVKDQG%LKDU7KH$,0,0LVTXLWHXSEHDW ly nipped in the bud.
Under the National Food Security Act C74
DIWHUZLQQLQJILYHVHDWVLQWKHUHFHQW%LKDUSROOVDQGZDQWVWRH[SDQG 6>E4A=<4=C
(NFSA), the Union Government arranges for sup-
LQ:HVW%HQJDOLQQH[W\HDU·V$VVHPEO\HOHFWLRQVWRR+RZHYHUWKLV ply of wheat, rice and coarse cereals to the ben- 20=CA0=B54A
ZLOOFXWLQWRWKH0XVOLPYRWHEDQNDQGLWZLOOEHKHOSIXOIRUWKH%-3 eficiaries at C2/3/1 per kg, which is a fraction of C!'?4A<>=C7
WRVSOLWWKH0XVOLPYRWHV(YHQWKRXJKWKH756KDVDOZD\VFRQ the cost of procurement, handling and distribu- BD1B83H0CC74
WHVWHGDJDLQVWWKH$,0,0LQHYHU\HOHFWLRQWKHIRUPHUKDVHQMR\HG tion (eg. 1/15th in case of wheat). Every person A0C4>5C!'?4A
LVVXHEDVHG VXSSRUW IURP WKH ODWWHU 7KH WZR SDUWLHV WDFWLFDOO\ whose name is mentioned on the ration card is :65>A :6
DQQRXQFHGWKDWWKHUHZRXOGEHQRWLHXSLQWKHPXQLFLSDOSROOVLQ eligible to receive five kg of rice or wheat per C>C74 is entirely the liability of the Union General (CAG) of India. Meanwhile, eficiary’s account to enable him/her to
RUGHUWRSURWHFWWKHLUWXUIV month. In addition, during April-June, to miti- 14=458280AH³B Government and will need to be ser- the most deserving (poorest of the poor) buy 10 kg from the market by paying
7KH%-3WKH756DQGWKH$,0,0KDYHDOOEHHQJHQHURXVLQVSHQG gate the impact of COVID-19, the PM Garib 022>D=CC> viced from the latter’s tax collections in continue to be deprived of their full C300 (including C20 from his/her pock-
LQJPRQH\DQGKDYHPRUHWKDQDGHTXDWHPXVFOHSRZHUDQGPDQ Kalyan Yojna added a “free” five kg of rice or the future. The core feature of this requirement. This is because supplies et). This will strike at the very root of
wheat per person per month to all 815 million 4=01;478<74A scheme, or supply of wheat or rice at a under the NFSA at five kg per person diversion, pilferage, black marketing.
SRZHUWRILJKWWKLVHOHFWLRQIRUGLIIHUHQWUHDVRQV7KH%-3ZDQWVWR C>1DH :6
individual beneficiaries under the NFSA. Besides price almost close to zero, may be a per month barely cover 50 per cent of When, foodgrains at C1/2/3 per kg are
VSUHDGLWVZLQJVIXUWKHULQWKH6RXWK7KH$,0,0KDVDOZD\VZRQ one kg of free pulses per month was provided to 5A><C74 boon for the beneficiaries but ends up the requirement of a person, which is just not available, the very thought of
LQWKH+\GHUDEDGUHJLRQDQGLVSURWHFWLQJLWVWXUI$VIRUWKHUXOLQJ every family. These additional provisions were <0A:4C1H being a bane for the economy. The avail- 10 kg per month, as estimated by the making a quick buck will be nipped in
756LWLVDILJKWIRULWVSUHVWLJH7KHSDUW\ZKLFKKDVEHHQRQD extended for a further five months till November. ?0H8=6C" ability of wheat at C2 per kg through the National Sample Survey Organisation the bud. As for the FCI et al, while they
ZLQQLQJVSUHHVLQFHWKH6WDWHZDVELIXUFDWHGLQPDGHDFOHYHU The supplies are made by the Food 8=2;D38=6C! Public Distribution System (PDS) under (NSSO). Having to buy the balance five will still be involved in purchase, han-
DQGVXUSULVHPRYHE\DGYDQFLQJWKHFLYLFSROOE\WZRPRQWKV7KH Corporation of India (FCI) and other State agen- 5A><78B74A the NFSA, when the market price is a kg at a very high price, say C30 per kg dling and distribution, they will oper-
756KDGZRQVHDWVLQWKHSUHYLRXVFLYLFHOHFWLRQVZKLOHWKH$,0,0 cies on behalf of the Central Government, which ?>2:4CC78B minimum C30 per kg, is a huge allure- in case of wheat, they are worse off. ate like any other business entity and be
ZRQVHDWVWKH%-3WKUHHDQGWKH&RQJUHVVWZR reimburses to the former the excess of the cost F8;;BCA8:40C ment to all those involved in its imple- Weeding out of 44 million bogus compelled to operate efficiently and
7KH%-3LVDWWDFNLQJWKH756IRULWVSROLWLFVRIDSSHDVHPHQW of purchase, handling and distribution over the C74E4AH mentation. No wonder, there is large- beneficiaries in itself may appear to be keep costs low.
3OXVWKHUHFHQWIORRGUHOLHIPHDVXUHVKDYHEHHQLQDGHTXDWH7KH price charged from the beneficiaries i.e. C2/3/1 scale diversion of foodgrain from rake a big accomplishment. But seen in the With private entities, too, allowed
per kg on additional supplies (during the eight A>>C>5 unloading points and godowns of the broader perspective, this addresses only to directly buy from farmers, stock farm
0XVL5LYHUWKDWUXQVWKURXJKWKHFLW\ZDVLQVSDWHODVWPRQWKDQG 38E4AB8>=
months of the current year, this is zero). This reim- FCI. Trucks disappear on way to the a small aspect of the problem and that, produce sans any limit (courtesy, the
WDQNVDQGQXOODKVGHYHORSHGEUHDFKHVDQGORZO\LQJDUHDVZHUHZDWHU ?8;54A0640=3
bursement or food subsidy is paid from the retail sale points. Then there are mil- too, is unlikely to be rooted out com- three farm laws recently enacted by the
ORJJHG$ERXWPXQLFLSDOZDUGVZHUHDIIHFWHGGXHWRLW7KH%-3 Central Budget. In recent years, food subsidy has 1;02: lions of non-existent or fake beneficia- pletely with use of technology alone. Centre), there will be plenty of products
FOHYHUO\ZDQWVWRFDVKLQRQWKLV,QWHUHVWLQJO\ZKLOHWKH*+0&SROO increased to frightening levels. During 2019-20, <0A:4C8=6 ries. Besides, other problems will persist so available in the market ensuring fair
LVQRUPDOO\IRXJKWRQFLYLFSUREOHPVOLNHZDWHUVHZHUDJHVDQLWD it was C2,19,000 crore. For 2020-21, prior to F74= There is a clamour for becoming long as the system of routing food sub- amount of competition and enabling
WLRQURDGVDQGRWKHUDPHQLWLHVWKHFDPSDLJQVKRZHGDSRODULVLQJ COVID-19, the likely spend was estimated to be 5>>36A08=B0C beneficiaries under the scheme even as sidy through State agencies continues. low price to consumers.
WUHQG ,W ZDV FHQWUHG DURXQG SRODULVLQJ FRPPHQWV RQ 3DNLVWDQ C2,53,000 crore. Including the impact of free food C !"?4A:6 there are numerous instances of people In early 2015, a committee under Dr We will have a scenario whereby the
0RKDPPDG$OL-LQQDKDOOHJDWLRQVLQYROYLQJ5RKLQJ\DUHIXJHHVDQG during April-November or about C1,50,000 0A49DBC=>C selling their subsidised quota of food- Shanta Kumar, a senior BJP leader, had market price of wheat could come down
D+LQGX0XVOLPQDUUDWLYHQRWFLYLFLVVXHV crore, this will scale up to C4,03,000 crore. In case 0E08;01;4C74 grain, say wheat bought at C2 per kg, to recognised the need to deal with non- to say C25 per kg or even less (from the
7KLVOHGWRWKH'LUHFWRU*HQHUDORI3ROLFH0DKHQGHU5HGG\WR the free food scheme is extended further, the dubious traders at C12 per kg or more. deserving beneficiaries and restricting existing minimum of C30 per kg) giv-
spend will be much higher. E4AHC7>D67C Clearly, there are millions availing sub- subsidised food only to the very poor. ing relief to everyone. Ditto for other
ZDUQWKHSDUWLHVDIWHUDVHFXULW\PHHWLQJ´7KH\DUHWU\LQJWRLQFLWH >5<0:8=60
FRPPXQDOWURXEOH:HDUHH[DPLQLQJWKHVSHHFKHVFDUHIXOO\$FWLRQ The ballooning food subsidy is putting a huge sidised food despite being above the It recommended a cut in the number of products. It will have a deflationary
stress on the Union Budget. Faced with a short- @D82:1D2:F8;; poverty line. The official word on the those eligible for subsidised food from impact down the line as all of the
ZLOOEHWDNHQDVSHUODZDJDLQVWWKRVHWU\LQJWRFUHDWHGLVWXUEDQFHVµ fall in tax collection in recent years and the over- 14=8??43 number of poor in India is no more than 67 per cent to 40 per cent and restrict- processed food will cost less. There will
KHFDXWLRQHG+\GHUDEDGKDVRQHRIWKHODUJHVW0XVOLPSRSXODWLRQV arching need to contain fiscal deficit, the Centre 8=C741D3 25-30 per cent; yet the beneficiaries ing the benefit of C1/2/3 per kg only to be huge saving in subsidy, which will be
IRUDFLW\LQ,QGLDDERXWSHUFHQWRIWKHSHRSOHLQWKHFLW\DUH has been making short payments to the FCI, forc- under NFSA are nearly over 66 per cent. the poorest of poor people under the restricted only to the poor or about 300
0XVOLPZKLOHSHUFHQWDUH+LQGX$OOWKHSDUWLHVKDYHEHHQJHQ ing the latter to borrow heavily to sustain its oper- Further, since the handling and dis- Antyodaya Anna Yojana, while increas- million (down from existing 800 mil-
HURXVLQSURPLVLQJVRSVWRWKHHOHFWRUDWHLIWKH\ZLQ7KH%-3WKH ations. The situation is so pathetic that since 2016- tribution cost, besides the Minimum ing the supply to seven kg per person. lion) even as the Government need not
756DQGWKH&RQJUHVVKDYHSURPLVHGIUHHGULQNLQJZDWHUVXSSO\ 17, the FCI has been drawing funds from the Support Price (MSP) paid to farmers, Others should pay 50 per cent of the have to pay for any flab such as inflat-
WRWKHFLW\ZKLOHWKH%-3KDVSURPLVHGDIUHHYDFFLQHWRWDFNOHWKH National Small Savings Fund (NSSF). As on is reimbursed to the FCI and other State MSP paid to farmers. ed cost, inefficiencies, subsidy to bogus
1RYHO&RURQDYLUXVDQGUHQDPLQJRI+\GHUDEDGDV%KDJ\D1DJDU March 31, the cumulative borrowings from the agencies on “actual” as food subsidy, Even as that report is lying in cold beneficiaries and so on. This will rein
7KH&KLHI0LQLVWHURI7HODQJDQD.DOYDNXQWOD&KDQGUDVKHNKDU NSSF were to the tune of C3,30,000 crore. inefficiency and inflated cost claims storage, its prescription is nowhere in fiscal deficit and trim borrowings,
5DRLVWKUHDWHQLQJWRPRELOLVHDQRQ%-32SSRVLWLRQIURQWLQFOXG The allocation for the current year being (including bogus) are inevitable. The near addressing the flaws in the exist- thereby preventing an unsustainable
C1,26,000 crore (C1,16,000 crore provided in the “loaders” getting away with monthly ing system. The way forward is to stop burden on the future generation of tax-
LQJWKH7ULQDPRRO&RQJUHVVWKH6DPDMZDGL3DUW\WKH1DWLRQDOLVW Budget, plus C10,000 crore in the first supplemen- salary in lakhs easily pass muster under routing subsidy through the State agen- payers.
&RQJUHVV3DUW\DQGVRRQLQDQDWWHPSWWRUHYLYHWKHDQWL%-3IURQW tary demands for grants) against the requirement a cost-based mechanism. Reports of dis- cies. In other words, the Government The outcome of this approach is
2SLQLRQSROOVKDYHFRPHXSZLWKYDULHGILQGLQJVJLYLQJWKHPD[ of C4,03,000 crore, the shortfall is C2,77,000 crore. appearance of food stocks in Punjab should not sell food at subsidised price; very promising; however, its adoption
LPXPVHDWVWRWKH756DWZKLOHDOPRVWDOORIWKHPVHHWKH%-3 If no further supplementary authorisation comes, causing a loss of over C20,000 crore to instead, it should limit its role to cred- will require political courage and a fun-
ZLQQLQJQHDUO\SHUFHQWRIWKHYRWHV7KHYRWHVRIWKH0/$V the FCI will have to borrow all of this from the the exchequer in 2016 are still fresh in iting subsidy directly to the beneficia- damental change in the mindset of our
DQG03VLQWKHUHJLRQZRXOGJRLQIDYRXURIWKH756+RZHYHULW NSSF, taking its borrowings to a gargantuan people’s memory. Such inefficiencies ry’s account. The Government can policymakers.
DOOGHSHQGVRQZKRP'DPH/XFNIDYRXUVLQWKHHQG C6,07,000 crore as of March 2021. Though stay- and irregularities have also been point- transfer C280 per month (subsidy at the (The writer is a New Delhi-based
7KHZULWHULVDVHQLRUMRXUQDOLVW ing on the FCI’s balance sheet, this mammoth debt ed out by the Comptroller and Auditor rate of C28 per kg for 10 kg) to the ben- policy analyst)
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In furtherance of these con- the repayment of large loans taken by sometimes in a drastic and brutal Chikmagalur constituency. In ry and formed the Government. Goa. Rajiv Gandhi, then General
cepts, her Government implement- big firms. For the benefit of the peo- manner. Sometime later, Indira November 1978, the Janata Party The MGP wanted the merger of Goa Secretary of the Congress Party, met
ed the 20-point programme. Its basic ple, the number of bank branches was Gandhi herself felt that imposition of brought in a motion to expel Indira into Maharashtra on the grounds that me and promised that statehood
objective was to eradicate poverty and increased substantially, too. the Emergency had been a mistake. Gandhi from Parliament. My party, Goa identified culturally and in would be granted to Goa. True to his
to improve the quality of life of the In Goa, we had branches of the In Goa itself, Emergency proved the Congress (U), supported this many other ways with Maharashtra. word, statehood was granted to us in
poor and the weaker sections of soci- State Bank of India (SBI) and of a cou- to be beneficial. “Trains are running motion of the ruling party. However, The United Goans Party (UGP) as the next term of the Lok Sabha dur-
ety. It included removal of rural ple of other banks in the main towns on time” was then a national slogan I personally could not support it. I felt well as the Congress held that Goa ing the premiership of Rajiv Gandhi
poverty, health, education and hous- but not in the villages. During my and in Goa the Administration that I had won the Lok Sabha elec- should not merge with Maharashtra. himself.
ing for all, justice for Scheduled Caste tenure, in the process of implemen- became more efficient, black market- tion in the name of Indira. I met The MGP wanted the matter to be It was obtained due to the efforts
(SCs) and Scheduled Tribes (STs) and tation of the 20-Point Programme, ing and hoarding stopped and food Yashwantrao Chavan, who was the decided by voting on the floor of the of then Chief Minister Pratapsingh
54E1B4? 50;48A> equality for women. branches of different banks were and other articles of general con- leader of the Congress (U) in Assembly. Rane, my colleague in the Lok Sabha
Indira Gandhi nationalised pri- opened in practically every village of sumption were easily available, which Parliament. Chavan permitted me to This was strongly opposed by the Shantaram Naik and other leaders of
ecently, we commemorated vate sector banks and turned them our State. Similar steps were taken in was not the case earlier. The support oppose the motion. During the UGP and the Congress. Thereafter, the Congress and the MGP’s Pankar.
FARMERS REJECT
IN-DEPTH
W
improve connectivity in the entire eastern Ut- hile zeroing in on a mutual fund
tar Pradesh. The widened section of NH 19 as an investment opportunity,
has been built with an outlay of Rs. 2,447 crore various measures can come into
and is expected to reduce the travel time be- play. Some of the widely known
tween the two cities by about one hour. The measures assess the mutual
prime minister was in Kashi, believed to be fund performance based
Lord Shiva’s abode, for a mega development on risk assumed and returns
push and to review the progress of the Rs generated. A more comprehen-
600-crore Kashi Vishwanath Extension and sive way to analyze both the fac-
Beautification project. The infra projects are tors simultaneously is to look at
part of prime minister’s ambitious plan of the fund’s risk-adjusted returns.
developing Varanasi on the lines of Kyoto.
Although Ganga is not yet pollution-free, RETURN MEASURES
the famous ghats of Varanasi have become 1. Historical Performance: The
cleaner and more picturesque. The develop- most important yardstick that
ment, the PM said, will boost tourism to the lets an investor shortlist a
city. This is his first visit to the city during mutual fund is its historical
the pandemic. performance. While historical
In line with his initiative to make India returns do not guarantee future
aatmnirbhar (self-reliant), the prime minis- performance, the returns do
ter pitched for local products as he asked the indicate the fund’s appeal and n Create a well-diversified portfo- an adverse movement in the
crowd to complete his slogan “vocal for” by competence when compared lio of mutual funds by reducing mutual fund value.
adding “local” and told them that the prefer- with other funds within the the repetition of exposure to
ence for local products during Diwali should same category. sectors. SOME OF WIDELY FUND-SPECIFIC FACTORS
be made a daily affair. 2. Attribution Analysis: Attribu- n Review existing funds for any KNOWN MEASURES n Style Analysis and Drift: Style
The thrust of the prime minister’s address, tion analysis is a detailed pro- style drift toward that of the ASSESS THE MUTUAL analysis involves determin-
however, was the farmers’ agitation. Insist- cess of understanding whether benchmark. An actively-man- FUND PERFORMANCE ing the investment style of
ing that the farmers should have access to the the fund’s return adheres to aged is supposed to outper- the fund manager. Investment
BASED ON RISK
bigger markets, he said “reforms have given the fund philosophy and is form the benchmark and not styles can be of varied types
agriculturists new options and legal protec- directly influenced by the fund mimic the performance of the
ASSUMED AND and depend upon the market
tion”. He asked if the farmers should not get manager’s strategy. Attribution benchmark. Therefore, if the RETURNS GENERATED. A capitalization and valuation of
freedom to sell his produce directly to those analysis is understanding the R2 measure is high, it means MORE COMPREHENSIVE the stocks. The most common
who give them better prices and facilities. source of returns, which can the returns of a fund are highly WAY TO ANALYZE BOTH forms of styles are growth
He attacked the Opposition for “cheating be one of the three: Alloca- correlated to that of the bench- THE FACTORS investing and value investing.
farmers” in the name of loan waivers and tion to sectors, Specific stock mark essentially reducing the SIMULTANEOUSLY IS TO Growth investing is focused
minimum support price and fertilisers. selection, and/or an interaction fund’s ability to create alpha. LOOK AT THE FUND’S on stocks to gain momentum
While reminding farmers that his govern- of the two. 3. Up and Down-market capture: RISK-ADJUSTED in the near-term owing to
ment kept its promise of giving them 1.5 Up-market and down-market RETURNS above-average growth in earn-
times more MSP as per the M.S. Swamina- RISK MEASURES captures are to mutual funds ings. On the other hand, value
than’s report, he said “The farmers are being 1. Standard Deviation: Standard what a beta is to stock. Market investing is focused on stocks
misled on these historic reforms by the peo- Deviation (SD) is a measure of captures measure the fund’s that are undervalued relative
ple who have misled them for decades. risk that measures the devia- sensitivity to index or bench- to their fundamentals and re-
The prime minister did not appear agreea- tion of returns from the mean mark movements. A higher additional unit of risk. Excess quired the fund manager to be
ble to the agitating farmers demand for repeal returns. SD of the mutual up-market ratio and a lower return is defined as the fund’s invested for a longer-term.
of the new agri-marketing legislation. He The most fund lets the investor under- down-market ratio makes a return over the risk-free rate of n Turnover Ratio: The turnover
charged the Opposition for creating apprehen- common forms stand the expected volatil- fund attractive. The higher the return. The unit of risk is the ratio is an indicator of how
sions in the minds of the people and instigat- of styles are ity in the fund’s returns. For ratio, the more the outper- standard deviation. The higher often a fund manager buys and
ing protests over “what has not happened, or growth example, if a fund has an SD formance of the fund. the Sharpe ratio, the greater replaces securities for a fund.
was never going to happen”. Farmers doubted investing and of 5 percent and an expected the fund performance. Turnover ratio is the number of
the government’s intentions because of the return of 15 percent, the actual RISK-ADJUSTED 2. Sortino Ratio: Sortino ratio is securities replaced expressed
value RETURNS
lies being fed to them and assured the farming returns may vary between 10 similar to the Sharpe ratio in as a percentage of the total
community of clearing all their doubts. investing. percent and 20 percent. Risk-adjusted returns incorporate that the Sortino ratio also is number of stocks that the fund
But the farmers have refused to budge. The Growth 2. R-Squared (R2): R-squared is the theory of risk-return trade-off a relative measure and uses invests in. The turnover ratio is
All-India Kisan Sangharsh Co-ordination investing is a statistical measure of the per- in that a higher degree of risk excess return as one of its typically high for actively man-
Committee called the PM’s statement an “in- focused on centage of fund’s returns that demands higher returns. Risk- inputs. The key difference is aged funds and low for index
sult” to their hopes of their concerns being stocks to gain can be explained by the move- adjusted returns use a measure that the Sharpe ratio uses the funds.
addressed by the government. In farmers’ momentum in ments in the fund’s bench- of volatility to specify the risk total volatility as a measure of n Total Expense Ratio: TER
view the legislation is about “freedom to the mark. R-squared determines undertaken. Popular risk-adjusted risk whereas the Sortino ratio includes management fees,
corporate, opportunities to the corporate and
the near-term the similarity between the fund return metrics are: uses downside deviation as administrative fees, brokerage
income for the corporate”. Farmers reiter- owing to above- and the fund’s benchmark. 1. Sharpe Ratio: Sharpe Ra- a measure of risk. A higher costs, and legal costs. The
ated that no political party was behind their average growth R-squared can be used by tio measures the excess return Sortino ratio is favorable and expense ratio reduces the net
agitation as they braved the winter chill. in earnings. investors to: generated by the fund for every signifies a lower probability of return available to an investor.
M
ost businesses India’s banking sector. In and has other benefits. In- effect incentivized to take Jagat Prakash Nadda
perish not be- general, private sector dia is short of capital and advantage of minority @JPNadda
cause of strong banks have practiced bet- needs to earn investors’ shareholders. Today, on the auspicious
competition or ter governance than state- trust. Without an infusion Second is the slow and occasion of Prakash Parv,
adverse macro- owned ones. Consequently, of capital, the Indian econ- selective enforcement by sought blessings by praying at
economic conditions but their financial and operat- omy will fail to thrive. the Securities and Ex- Shri Bangla Sahib Gurudwara
because of cracks within. ing metrics also tell a story There are multiple is- change Board of India and prayed for the happiness
One such failing is weak of profitable growth with sues that plague corporate (SEBI), the country’s mar- and prosperity of all.
corporate governance. For less asset quality issues governance in India. First ket regulator. Cases against
publicly listed companies, than their public sector is the lack of accountabili- the management’s mis-
this often translates to con- peers. No wonder that pri- ty among controlling share- steps take years to resolve. Prakash Javadekar
trolling shareholders or vate sector banks trade at a holders. For example, pro- SEBI generally hands out @PrakashJavdekar
“promoters” pursuing poli- higher valuation than pub- moters get away with ap- warnings or mild punish- Do not misunderstand the
cies and practices in their lic sector ones. pointing their friends, ex- ments. This could be be- Farm Law. Punjab farmers
own interests at the expense Higher valuation puts majority of credit growth talent management, widen- employees and business- cause SEBI does not have sold more paddy in the market
of minority shareholders. It these banks into a virtuous in India is led by private ing their economic moat. school classmates as inde- enough resources to deal on #MSP than last year. MSP
is also alive and market is alive
turns out that companies growth cycle. They are able sector banks. In fact, state- pendent directors with no with a large number of
and government procurement
with such promoters are at to raise capital cheaply owned banks are strug- MULTIPLE ISSUES one raising an eyebrow. cases, or it could be a lack is also happening.
greater risk of crises and with less dilution. This re- gling and the government India boasts of the oldest Often, statutory auditors of authority or compe-
near-death moments in bad inforces their already high is forced to merge them to stock exchange in Asia, are given only one-year ex- tence. In certain cases, pro-
economic cycles. Those return ratios, which in ensure their survival. The which is also the region’s tensions to pressurize them moters are extremely pow-
companies with better gov-
ernance, where promoters
turn continue to support a
higher valuation. This self-
success of well-run private
banks demonstrates how
largest. However, corporate
governance in India still
to “comply” with manage-
ment demands. Compliant
erful and politically con-
nected. Given that regula-
Spiritual
act responsibly in the inter- perpetuating cycle has led good governance can lower lags behind many other auditors tend to persist for tors are political appoin- SPEAK
ests of shareholders, tend to to long-term compounding a company’s cost of capital. places like Singapore or too long, developing far-too- tees, it is far from easy for
do better during adversity. of shareholder returns. That is not all. The result- Taiwan. India must under- cozy relationships with the them to ignore pressure “In whom there is no
In fact, savvy investors now State-owned peers have ing higher valuation also stand that good corporate very people they are sup- from politicians, remain sympathy for living beings:
treat good corporate govern- fared much worse. gives such companies im- governance is the founda- posed to keep an eye on. impartial, punish the pow- know him as an outcast.”
ance as an intangible asset. Despite a large number mense pricing power in tion of a lasting business. It With no strong checks and erful and deliver justice.
—Buddha
This can be best seen in of state-owned banks, the corporate transactions and builds investor confidence balances, promoters are in FAIROBSERVER.COM
Vol 2 Issue No. 175 RNI NO. RAJENG/2019/77764. Printed and published by Anita Hada Sangwan on behalf of First Express Publishers. Printed at Bhaskar Printing Press, D.B. Corp Limited, Shivdaspura, Tonk Road, Jaipur.
Published at 304, 3rd Floor, City Mall, Bhagwan Das Road, C-Scheme, Jaipur-302001, Rajasthan. Phone 0141-4920504. Editor-In-Chief: Jagdeesh Chandra. Editor: Anita Hada Sangwan responsible for selection of news under the PRB Act
EDIT
THE ASIAN AGE | TUESDAY | 1 DECEMBER 2020 | NEW DELHI
pg 5
1 DECEMBER 2020
T
development aid for infrastructure, connectivity and education. The national he march of the cious and hostile, and the and hostile, and the would flow from the new
conceived projects that
security adviser was in Colombo for the fourth meeting of the India, Sri Lanka, Punjab farmers government do not have government do not laws, or they will have to
Maldives trilateral maritime security conference, which had been dormant for to New Delhi, any convincing argu-
have any convinc-
promise to address the are sought to be bull-
some time. accompanied by ments. concerns of the farmers
On the whole, however, there is a sense that these are bit moves to compensate their counter- What is at issue is the ing arguments. and incorporate them dozed against their wish-
for lost time in which the Chinese have made deft manoeuvres. Even as our foreign parts from Uttar Pradesh, Modi government’s con- into the laws through nec- es. With the Mhadei
secretary left Kathmandu, the Chinese defence minister landed there for follow-up Rajasthan and other parts viction that it can do no constituency of the Akali essary amendments. waters issue haunting us
action. Our eastern Himalayan neighbours are extremely valuable in dealing with of northern India, despite wrong, and that the farm- Dal, and it is alleged that More than anything
the Chinese. In the Narendra Modi government’s six years, foreign policy has all the attempts by the ers in this case should the Agriculture Produce else, Mr Modi and his col- apart from other frauds, it
mainly meant being worshipful of the US to the extent of showing partisanship BJP-ruled Haryana gov- grasp the good being done Marketing Committees leagues need to learn, is inappropriate for the
with President Donald Trump in domestic US politics. This is not just amateurish ernment, and the refusal for them. The attitude is (APMC), or the mandi quickly, that they are not
but also harmful. The neglect of neighbours, breaching the first principles of diplo- of the leaders of the farm- not that of a democratical- committees in the state, infallible, that they mean government to even have
macy, has been another feature of our recent policy. It is time to rethink priorities ers’ unions to abide by the ly elected government, are controlled by the first to do the right thing but thought of this celebra-
and have a few good, grand ideas in a rapidly changing environment. conditions laid down by but that of a paternalist family of the party, yet go wrong, and that tion and at a time when
Union home minister state which believes that Prakash Singh Badal and even without any evil
Amit Shah to move to a people should accept the his son Sukhbir Singh intention they may do the pandemic is raging.
A long way still to go specified protest site
before talks with the gov-
ernment could begin, and
government’s decisions
in good faith and not raise
impertinent questions.
Badal.
The BJP under Mr Modi
has been on the warpath
things that harm people
more than benefiting
them. Their desire to
Aires Rodrigues
Ribander, Goa
more basically rejecting The Modi government of weakening its allies in change the country
FARMERS: GOVT IN FIX
I
ndia’s economy, according to a set of numbers released by the government last the home ministry’s has been getting its way the National Democratic overnight based on a par-
week, has shrunk by 7.5 per cent in the quarter that ended on September 30. intervention and insist- in the last six-and-a-half- Alliance — the Shiv Sena liamentary majority
The contraction in the size of the economy for the second successive quarter ing that the talks will be years, but now it has in Maharashtra, the Akali reveals political immatu- THIS REFERS TO THE editorial
has technically got the Indian economy into recession for the first time in its his- held with the agriculture come up against the farm- Dal in Punjab, and Janata rity. Farm reforms may “Farmers have its ear...” (November
tory. A decline in economic growth for two consecutive quarters indicates a reces- ministry, is a clear rebuff ers’ formidable barri- Dal (United) in Bihar. The be necessary but for them 30). The Centre is blowing hot and
sion, or economic stagnation. The silver lining, however, was that the degree of to the self-righteous and cades. The Haryana and Shiv Sena and Akali Dal to be successful it is not cold on the farmers’ strike. By all
contraction in the economy has reduced in the July-September quarter, compared arrogant Narendra Modi Delhi police, with the lat- have sensed the danger enough to pass new laws. accounts it is now in a Catch-22 situ-
to the April-June quarter. government one-and-a- ter falling under the and they are hitting back, There is need to connect ation. If it rolls back the new laws, it
While economic activity picked up pace in the second quarter of financial year half years into its second Union home ministry, though the JD(U) is not in with the people and win will set a wrong precedent and derail
2020-21, there is no consensus about the durability of this economic growth. term. The farmers are not have tried to barricade a position to do so now. their trust and consent, or its ambition to introduce reforms in
Industrial activity witnessed in the July-September quarter could be to address willing to buy the spin of the farmers’ march but Prime Minister Modi at least of a majority of various other sectors. How the gov-
pent-up demand during the festive season. While people have slowly started Prime Minister Narendra there was no stopping the seems to have miscalcu- them. The BJP has come ernment proves its mettle by ending
resuming their normal activities, business transactions in the touch-heavy sec- Modi and his Cabinet and farmers. The Union gov- lated the horse sense of to believe in the mantra of the impasse remains to be seen. Not
tors have still not reached their pre-Covid levels — a key prerequisite for India’s party colleagues that the ernment had to get off its the farmers. The hard- “Modi hai toh mumkin to mention the overlooked fact that
economic growth re-entering the positive territory. three farm reform laws high horse, and Mr Shah nosed men and women of hai”. It is not. Even Mr the big farmers of Punjab and
According to data released by the ministry of statistics, key indicators such as rushed through the two was forced to plead with the soil are not going to be Modi must persuade and Haryana are in fact a most pampered
cargo handled at seaports and airports, production of cement, sale of commercial Houses of Parliament dur- the farmers that the gov- overwhelmed by the PM’s convince the people. He lot, who enjoy subsidies, free elec-
vehicles, and exports continued to underperform and remain in a two-digit con- ing the Monsoon Session ernment was ready to talk rhetoric and sweet talk. cannot simply have his tricity, etc. They comprise the
traction. The inter-city movement of people — as shown by data of airports and in September through a to them and that they His “one nation, one farm own way. Mr Modi and adhatiyas, who clearly stand to lose.
the railways — has not reached normal levels yet. Unless such a big component of voice vote was to should move to the market” idea does not fool the BJP might chomp at Deepak Singhal
the GDP does not resume its activity, the real economic growth will not be seen. strengthen the position of Nirankari Grounds at them. the reins of democratic Noida
The government, which was expected to step in to restore demand normality in farmers. Burari on the outskirts of They know their prob- controls exerted by the
the economy, has in fact reduced its revenue expenditure. The government's final
consumption expenditure, according to the ministry of statistics, has come down
The issue is no longer
about the merits and
the national capital. It
appears that Mr Shah has
lem is different from that
of their counterparts in
people. But they must
learn to hold back and WILL HE, WON’T HE?
by over `1 lakh crore at `3.62 lakh crores in the second quarter of fiscal 2020-21 demerits of the laws shak- no option but to yield fur- other parts of the country, reconsider all issues. ACTOR RAJINIKANTH CONTIN-
compared `4.65 lakh crores in the second quarter of fiscal 2019-20. In a scenario, ing off the shackles of the ther ground. and they know the prob- There is an urgent need to UES TO maintain suspense over his
where the government tries to escape its responsibility by blaming an act of God, local mandis and appar- There is of course the lems they face on the change the style of gover- political entry in Tamil Nadu. On
one could only hope that God gives Indians strength to beat the coronavirus and ently freeing the farmers fact that this is also a ground more than any nance from that of the Monday he asked his Rajini Makkal
help them resuscitate the ailing economy. to sell where they choose, political tussle between government which pre- presidential to the parlia- Mandram (RMM) functionaries to
of giving a backdoor the BJP and its erstwhile tends that it knows best. mentary. Had the govern- continue their efforts to strengthen
entry to corporates into ally in Punjab, the The issue of minimum ment sent the bills for the mandram while he would
engaging farmers to grow Shiromani Akali Dal. The support price is only one review by a joint select announce his final decision on taking
what they need for their farmers form the core part of the problem. By committee, as the Akalis the political plunge soon. Only a
commercial purposes and freeing the mandis or and the Opposition par- while ago, it seemed that he had given
lifting the “essential com- grain markets, the Centre ties had so vociferously up on these plans after keeping his
THE ASIAN AGE modities” tag from food- By freeing the is not enabling the farm- urged, there would have supporters on tenterhooks for several
T. VENKATRAM REDDY grains and other com- mandis, the Centre ers to sell their produce been time and scope years. A true leader does not betray
modities, enabling corpo- where they want to enough to respond to the the hopes of his people.
Editor in Chief
is not enabling the because 90 per cent of concerns of the farmers
Printer & Publisher: K. SUDHAKAR rate groups to store the Sankar Paul
THE ASIAN AGE office is located at:
produce. farmers to sell their them are small and mar- and to incorporate the Chakdaha, West Bengal
New Delhi: Jawaharlal Nehru National Youth Centre, 219 Deen Dayal Upadhyay Marg, New Delhi-110002. Phone:
(011) 23211124. There is enough to dis- produce where ginal farmers owning not necessary changes before
Published and Printed on behalf of and for cuss there, and the gov- they want to more than two acres of they became law. `500 for the best letter of the
◗ Deccan Chronicle Holdings Limited, Jawaharlal Nehru National Youth Centre, 219 Deen Dayal Upadhyay Marg, ernment may have a point because 90 per land, but it is enabling the
New Delhi 110 002 at BFL Infotech Ltd., C-9, Sector-III, Noida -201301.
or two, but it does not corporates to enter the The writer is a
week goes to R. Narayanan
◗ London: Quickmarsh Ltd, 8th Floor, Block 2, Elizabeth House, 39 York Road, London, SE1 7NQ.
matter if the people affect- cent of them are mandis. Delhi-based commentator (Nov. 23). Email:
RNI Registration number: 57290/94
ed by them remain suspi- marginal farmers The Prime Minister’s and analyst asianage.letters@gmail.com
I
ndia’s economy had contracted ested in “deep thinking and the protesters are anti-national and minister of India, has said that the presidential election and a
for another three months, we research”. In the economic survey, separatists. The standard line that implementation of his pet project, Democrat will become America’s
were told late last week. he used Wikipedia as a source. is used for anyone — academics, the Citizenship Amendment Act, new President in two months’ time.
Meaning that, as a nation, we pro- News about the third quarter is not minorities, farmers, dissident has been postponed for now. He The Democratic Party has been
duced less in goods and services good. Bank credit is lower in the industrialists — who points out says this is because of Covid-19 and very vocal about its concern that
than we did in the same period last current period than it was in the that what the government is doing he will only implement the CAA India is heading in the wrong direc-
year. Meaning also that Indian fam- one when the economy contracted. is wrong. It is like children and after the pandemic ends. Why tion under Mr Modi and is damag-
Aakar Patel ilies in the numbers of lakhs and
perhaps crores got pulled into
The core sectors (steel, cement,
electricity, coal, oil, refining and
name-calling. That is the level of
maturity in our national debate.
Covid-19 should affect India’s giv-
ing citizenship to those non-
ing itself by indulging in overt
majoritarianism and harassing and
poverty. India’s economy has con- fertilisers) shrunk in October. If On the Ladakh front, China has Muslims who came to India illegal- bullying its own minorities. We
tracted for six months since Prime you do not know this, it might be refused to go back from the spaces ly before December 2014 is not will see what the effect of India's
Minister Narendra Modi called for because the Prime Minister and the they have occupied on our border known. No other law has been outreach to the Democrats is soon
the harshest lockdown in the finance minister have not tweeted and the Indian Army has to spend paused because of it. But after an enough.
world. This has brought the nation about it. If they ignore something, the winter in spaces that have not aggressive campaign against those Meanwhile, there has been no let-
THE SOUNDBURST
incentives. Since such manufacturers face little
competition for their products, they can set prices of
their products on their own. The PLI benefit may or may
not be fully passed on to the retail buyers in this
particular case.
Most other manufacturers may face stiff price Sky-rocketing decibel levels penal code in respect of crimes like restrictions – on the use of crackers.
competition and may not be able to fully pocket the PLI heaped miseries on the old, infirm murder, robbery, serious fraud, One can then show oneself as a
benefit to offset their cost disadvantage. Their People engaged in and the ill. Animals, particularly printing of counterfeit currency and daring rebel as well. There are
discerning, hard-bargaining buyers will demand price orgies of bursting dogs, suffered terribly, with some so on. People engaged in orgies of doubtless, other means of self-
discounts on the basis of the PLI benefit. The going almost crazy with fear. bursting crackers cannot be assertion in the form of producing
percentage of PLI benefit may vary across crackers cannot be Billowing smoke from cracker unaware of the consequences of works of art like painting and
beneficiaries and depending on the competition, the unaware of the bursts severely spiked the already what they are doing. These have photographs, making films, staging
post-tax actual benefit could vary from investor to high air-pollution levels that had been dinned into their plays, writing, dancing, singing,
investor. The PLI scheme, therefore, needs consequences of what been playing havoc. Unforgivably, consciousness for at least two making sculptures and designing
supplementation by sustained investor facilitation and they are doing. These all this happened despite decades now. Is it that they enjoy and building celebrated works of
improvement in ease of doing business. Incentives like restrictions and bans, exhortations bursting crackers so much that architecture. Engaging in these
income tax and Central excise exemptions, VAT/GST have been dinned into against unrestrained cracker they cannot help doing it heedless requires training, skill, effort and, of
BETWEEN THE LINES
reimbursements, interest and insurance subsidies, By s.p.singh their consciousness for at bursts by civil society elements, of the consequences? If this be course, talent, and the expending of
subsidies on plant/machinery and so on are typically environmentalists and a growing true, what can be the explanation? a huge amount of time, which would
provided for industries set up in industrially-backward least two decades now. Is army of school children pleading To answer the first question, one leave one with little opportunity for
areas like North-eastern states. At present, the total India is in the grip of a raging it that they enjoy bursting that their future be not jeopardised. needs to look at some of the going though all the stages of
manufacturing output of all items (whether PLI eligible COVID-19 pandemic, which is In fact, over the past several years deeper processes at work. Every activity associated with explosion of
or not) in a year is about 16 per cent of the GDP. The surging forward relentlessly. New
crackers so much that now, there has been a growing action by an individual is crackers. One may be asked: How
services sector has a 55 to 60 per cent contribution in cases and deaths are reported they cannot help doing it movement calling for a progressive fundamentally a result of instinct or does one know that people who
GDP and has been a major employer so far. The PLI every day in alarming numbers. reduction in the explosion of an exercise of will. One instinctively explode crackers are not engaged
will be available to all new manufacturing units and also Things are made worse by severe
heedless of the crackers and a ban on the more jumps out of the way of a truck that in creative activity? Some of them
to existing manufacturing units for their extra air pollution levels in many places consequences? If this be deafening and polluting kinds of suddenly comes across a bend and may. This writer, however, is not
production, additional over baseline output. For — particularly Delhi. Besides these, without, of course, any threatens to run one over. It is the aware of any survey, which shows
example, existing mobiles and electronics
true, what can be the
enhancing people’s vulnerability to significant effect. Why is it that a result of the instinct for survival at how many or what percentage of
manufacturers are entitled to PLI benefit for whatever the Corona virus — these are explanation? To answer large section of Indians is work. The bursting of a cracker is an cracker enthusiasts are engaged in
they produce over and above the 2019-20 level causing permanent damage to the the first question, one relentlessly trying to reduce what is act of will, the final one of a series creative pursuits. The nature of
production in the next five years. The manufacturing health of children and the old. One meant to be a splendid festival of that involves the decision to buy it, activity required in any form of
units will have to apply, register and go through a would have thought that all this and needs to look at some of lights into a prolonged orgy of the act of buying it, followed by acts creative venture and the setting off
vetting process and enter into proper agreement with the crisis stalking the economy the deeper processes at horrid, ear drum-splitting noise? of storing it, taking it out and igniting of crackers respectively are,
the Government so as to ensure that only eligible would invoke a sombre mood that They cannot be unaware of the it. The self wills the action which, in moreover, totally different and this
manufacturers get the incentive for actual local would be reflected in the work. Every action by an consequences of what they are turn, underlines its existence. One writer knows of no novelist, poet,
manufacturing. On April 1, a PLI scheme promising Rs observance of Deepavali, one of individual is doing and the impact this will have can act because one exists. A playwright, painter, film-maker or
40,951 crore incentive (four to six per cent of the most beautiful events in the on their children and much-referenced statement by the stalwart photographer who
production value) was notified for manufacturers of country, which is celebrated by a fundamentally a result of grandchildren, not only in terms of French philosopher, Rene explodes crackers. The argument
mobile phones and other electronic components. large section of Indians of the instinct or an exercise of health but of character. Their Descartes, runs, “Cogito ergo sum” can be that people explode
Medical devices and bulk drugs (active pharmaceutical diaspora as well, and prompts progenies, and those of the latter, or “I think, therefore I am.” One can crackers because they enjoy doing
ingredients) were added to PLI eligibility in July and on warm gestures by friendly will. will come to feel that what matters see a subconscious extension of it and that those engaged in
November 11, 10 more manufacturing sub-sectors countries. Witness the lighting up hoped that people would abjure is doing what they want to and not the same thought process behind pursuits that are essential to the
were added. Thus, Rs 1,97,291 crore of cash incentive of the Times Square in New York crackers, whose use had been their society’s well-being and the statement implied in each functioning of a society but are not
has been promised in the next five years to City on the occasion. One had banned or severely restricted in future, and that rules and laws can cracker burst, “I explode crackers, regarded as creative —
manufacturers of automobiles and auto components expected that the emphasis in many parts of the country. Nothing be broken with impunity. The therefore, I exist.” In fact, there is businessmen, administrators,
(Rs 57,042 crore); mobile manufacturing and specified India would be on observing like this happened. There was not consequences can be serious in more. One sometimes gets hurt — managers, clerks, lawyers, doctors,
electronics/technology products (Rs 45,951 crore); Deepavali as a festival of lights, only no decline in their use but they terms of maintaining social even badly — while setting off a engineers and so forth, for
advance chemistry cell batteries (Rs 18,100 crore); dispelling the gloom that has continued to be burst on Deepavali harmony and law and order if this cracker. This therefore, can also be example — have as much right to
pharmaceuticals and drugs (Rs 21, 940 crore); medical enveloped the country this year, day, which was November 14, and leads to a generally cavalier projected as a testimony to one’s enjoy themselves as writers,
devices (Rs 3,420 crore); telecom and networking creating an interlude of cheer in the in some cases, even a week later, attitude towards obeying laws, courage. It can be doubly so if the painters, film-makers,
products (Rs 12,195 crore). midst of grief and despair. One had albeit in diminishing frequency. including those embodied in the act is in defiance of a ban – or photographers and so on.
Caught in between
Walton family’s Walmart. He even battles constantly go to arbitration in
wrote a book, It Happened In India, to nations like Singapore and the United
celebrate his success. His Big Bazaar Kingdom, it is also bad news for Biyani.
store sales on national holidays Yes, he has a massive ready-made
attracted thousands of people and network of retail stores across the
there were kilometre-long lines outside country which Amazon or Reliance
outlets in order to get a bargain. But would love to get their hands on. More
Biyani, like many others in different importantly, both multi-billion dollar
industries, never saw the internet companies would not want the other to
coming and it hit his business like a get their hands on it. While both
freight train. The irony of a group Amazon and Reliance have issued
named “Future” not realising the future statements with all the right words, it
of retail will likely become a case-study appears that this matter will not be
in some business schools one day. resolved anytime soon. This is horrible
By Srikant Mishra
Biyani was forced to first drive a deal news for Biyani and his retail empire,
with Amazon and then later deal with which was already bleeding but was
Reliance Retail as well. Amazon dealt a body blow by the Coronavirus-
Kishore Biyani was Indian retail’s
subsequently claimed that the Future inspired lockdown and the closure of
poster child 15 years ago, featured on
Group could not sell its retail assets to malls. Amazon and Reliance don’t just
the covers of top business magazines
Reliance and went to emergency have the pockets to ride out the crisis,
and being a regular on the front pages
arbitration in Singapore which gave it they also know that if they can’t get
of financial dailies. We were told that he
relief. While this should bring up their hands on the asset, they can
was building a retail empire through estate being a lot cheaper than ever before. What happens next only the courts will decide.
questions of why Indian corporate always create another one with real
Future Group that would rival that of the
EDIT
THE FREE PRESS JOURNAL
MUMBAI | TUESDAY | DECEMBER 1, 2020
THOUGHT FOR THE DAY: “Nothing is more
admirable than the fortitude with which millionaires
tolerate the disadvantages of their wealth.”
― Rex Stout, The Red Box
I
niable that the economy has turned for the better in the t is easy to dismiss the neerselvam (OPS), have
second quarter of the pandemic year 2020-21. If in the craze among sections of forced an uneasy arrange-
has drawn much traction. play by relying on modern
first quarter it contracted by a whopping 23.9 per cent, young voters of Tamil ment between factions since
His announcement later technology for his cam-
Nadu to look up to superstar Jayalalithaa’s untimely de-
in the second, it shrank by 7.5 percent. Nominal GDP that he would take a deci- paign without undertaking
Rajinikanth to make his for- mise and her aide Sasikala
loss in the second quarter data which was released last sion soon came against the strenuous tours to project
ay into the state elections Natarajan's incarceration
week was Rs 1.98 lakh crore as against Rs 11.1 crore in backdrop of doctors advis- his brand of “spiritual pol-
next year, as a result of their following her conviction in a
the first full- lockdown quarter. The expectation is, ing him against entering itics.”
obsession with cinema since disproportionate assets case
from here on, the economy can only regain further mo- politics in view of his Rajinikanth’s famous lines
the days of M G Ramachan- being upheld by the
mentum. Manufacturing and real estate sectors, which health condition and the of December 2017 still echo
dran (MGR) and later, J Jay- Supreme Court. ing, social reformist Peri- from charting an independ-
revived in the second quarter from near-zero in the pre- prevailing pandemic situa- among the young fans who
alalithaa, who dominated Her jail term is due to end yar’s ideas and Left-driven ent course for TN BJP. They
tion. The 69-year-old super- recall his words. He had
vious quarter, will pick up appreciably in the second the scene till their demise. early next year, ahead of the agenda, has so far not exact- unilaterally announced the
star of Tamil cinema was said, “I will enter politics
half of the current financial year. The manufacturing But it is also because of TN polls due in April-May. ly set the state on fire— in “continuation” of an “old”
apparently told by his offi- and launch a party to serve
sector grew 0.6 per cent in the second quarter, after their disenchantment with She is the aunt of T T V Dhi- providing an alternative op- alliance between the BJP
cials that he would have a the people of Tamil Nadu, as
contracting 39.3 per cent in the previous quarter. It may the existing Dravidian par- nakaran, who runs a band of tion to the voters. and the AIADMK, days after
good chance of winning if the (political) system in
be partially due to the pent-up demand suppressed by ties, given their track record hard-core Sasikala loyalists With youths accounting for both parties appeared to be
he started his political jour- Tamil Nadu has been ru-
the lockdown and also in expectation of the higher de- in misgovernance and cor- under the banner of the more than 50 per cent of at loggerheads at the state-
ney as soon as possible. ined.”
mand in the festival season. The services sector, a ma- ruption. Amma Makkal Munnetra Tamil Nadu voters, it is Ra- level.
Significantly, only a month Of course, this depends
The vacuum in the state’s Kazhagam (AMMK). jinikanth’s every word and It is no secret that the sur-
jor driver of the economy, too cut down losses from the ago, Rajinikanth had stated on Rajinikanth’s ability to
political scenario after the Even as EPS may be seen move that has caught atten- vival of the AIADMK
first quarter. The encouraging factor is the buoyancy of that he had been advised recreate the magic of 1996.
exit of stalwarts, including as making up for the lost tion now and then, even regime has been largely con-
the agriculture sector. It did well in the first quarter, as against entering politics by At that time, his punchline
M Karunanidhi, has also time to shore up on his gov- though he has postponed his tingent on the Centre’s
also in the second. The fact that the contraction in the doctors as he had undergone was that “even God cannot
meant that a younger lot of ernance record by massive plans several times since he friendly view towards it.
second quarter was lower than the 9.8 per cent forecast a kidney transplant in 2016 save Tamil Nadu" if the
voters is not left with much doses of largesse to different announced he would fight It is also no secret that the
by the RBI is significant. The worst may be over but the and due to the coronavirus AIADMK comes back to
choice when dynastic poli- sections of voters, the DMK the 2021 elections way back BJP has been wooing Ra-
continuing uncertainty over the coronavirus pandem- pandemic. This disclosure of power. His clarion call re-
tics, corruption, and differ- has been trying to woo in December 2017. So much jinikanth assiduously for
ic is still a matter of concern. The recent surge in Del- his health status indicated sulted in Jayalalitha’s hu-
ent shades of political ob- young voters by projecting so, Rajinikanth’s Hamletian some months to take the
he was willing to miss the miliating defeat. The DMK-
hi, Gujarat and elsewhere in the country needs to be scurantism have thrived in Stalin’s actor-cum-producer dilemma had an exasperated plunge to prevent the DMK
bus again though he had set Tamil Maanila Congress
watched carefully, lest it disrupts a return to normal- the name of Tamil pride. son Udayanidhi as the heir- BJP finally seeing merit in from sweeping the assembly
up the Rajini Makkal Man- alliance swept to power,
cy. Surprisingly, during the first half of the financial It is an accepted fact that apparent. shaking hands with a divid- polls, especially after its al-
dram as a 'launch vehicle' to thanks to him.
year, government spending, instead of picking up, ac- many young voters are not The entry of actor Kamal ed AIADMK, rather than liance performed outstand-
float his political party This time, his political
tually contracted. Despite multiple pandemic-related enthused by the existing lot Haasan and his political for- wait for the superstar to pro- ingly in the Lok Sabha elec-
ahead of the 2021 elections. friends, particularly the
relief packages, and sector-specific incentives to trade of players including mation Makkal Nidhi Ma- vide the fulcrum for creation tions, winning 38 of the 39
But, as his deliberations BJP, would want Ra-
and industry, the impact on demand was rather negli- Karunanidhi’s son and DMK iam (MNM) did evoke a lot of of a third front to provide an seats from Tamil Nadu.
at Chennai’s Raghavendra jinikanth to make the foray,
chief M K Stalin, possibly interest before the 2019 Lok alternative to the Dravidian It is this context that Ra-
gible. Hopefully, as normalcy returns, economic re- Kalyana Mandapam if not to win the elections,
the most fancied to win the Sabha elections. parties. jinikanth’s exercise of ask-
vival will gather steam. The government has also en- showed on November 30, then to at least prevent the
next polls. In the parliamentary elec- When Union Home Minis- ing his outfit Rajini Makkal
visaged a huge public works programme, entailing Rajnikanth knows that he DMK and its allies from
The anti-incumbency fac- tions, the MNM’s debut did ter Amit Shah went to Chen- Mandram and its district
massive investments in infrastructure projects. But the won’t get another window sweeping the elections.
tors working against the rul- see the fledgling party pick nai on November 21 to meet secretaries and office-bear-
problem with the economic direction of the country is again to launch his party. The writer is a former Senior
ing AIADMK dispensation, up 3.75-3.80 per cent votes. BJP cadres to discuss their ers if they were ready to
that the government continues to send conflicting sig- He can still play the role Associate Editor of Hindustan
which is led by Chief Minis- But the MNM’s political campaign strategies for the "start a political party in
nals. On the one hand, it undertakes labour and land re- that his political friends as Times and Political Editor of Dec-
ter Edappadi K Palaniswami thought process, which is a elections, EPS and OPS said January" at a meeting in
forms to make fresh investment attractive for domestic well as his fans want him to can Herald, New Delhi
(EPS) and his deputy O Pan- mixture of anti-BJP postur- to have pre-empted Shah Chennai on November 30
and foreign companies. On the other hand, it sends neg-
ative signals to foreign investors, by refusing to shed
the distressing baggage of the past. For instance, its re-
ONE FLEW OVER THE NEST #Rajinikanth TUESDAY'S SWIPE
fusal to abide by the Singapore arbitration award in the
Vodafone case only serves to warn future investors Entering BJP. Give him an inch and he will take an ell .
against doing business in the country. Or take the not-
Winter of discontent
Sandeep Choudhury@Sandeep71121431
so-secret attempts to create regulatory and other road- He must stop this big messiah nonsense of announcing his entry every year and backing off. If he is genuinely interested in public service he wouldn't create such
blocks for foreign-owned digital retail market plat- hungama about his stupid entry. Let your work speak. This is not a movie where people vote just for his grand entry. With winter approaching, it
forms in order to grant an unfair advantage to a big in- Bruce Wayne@BruceWa67656471 appears from Punjab to
dustrial group which is now keen to make a huge Afghanistan to Iran, conflicts
Why they want Rajini to be positive in this Covid times
splash in e-commerce. Without a stable, predictable and are surfacing again, threatening
Navigator@Navigator404
the peace of nations. The killing
transparent environment, foreign investment will
Rajnikanth is shrewd enough to understand that politics needs money, and right now nobody is there to back him. He announced RMM, expecting @BJP4India's of an Iranian nuclear scientist,
shirk from coming to India. Domestic business must support to cut DMK votes, but unfortunately that did not happened therefore he is getting jittery. bomb blasts killing many in
learn to compete with foreign competition on fair and S P Rajeev@SPRajeev Kabul and the ongoing
equal terms, and not exploit proximity to governments farmers' protests with jibes of
Sir, your decision is our decision, as the Great Tenalirama once opined in the Court of Krishnadevaraya of the Vijayanagara empire!
to gain unfair advantage. Khalistan in our country, China
AndyIndi@MckinseyAndy
meddling at our border, Brexit
Comment
several industries and services that continue to all national leaders too, to
suspicion and distrust among a section of the farmers
bleed profusely through multiple deep cuts. refrain from such 'meddling'.
fuels the disruptive stir. It now threatens to bring life However, despite the debilitating effect on the We pray for sanity everywhere.
in the capital to a standstill by blocking supplies of es- economy, the Q2 GDP numbers hold hope with V Balasubramanian
sential items from the neighbouring states. The offer A L I CHOUGULE some sectors reporting smart recovery. The no-
of talks by Union Home Minister Amit Shah was table takeaway is manufacturing, which grew 0.6 Feeling blue
turned down on Sunday on the ground that it was con- per cent; this implies that the output from manu- Ref.: 'Now playing: Retro flops'
T
tingent on the farmers assembling at a designated he highly anticipated GDP prints for the facturing industries is greater over the previous (November 30). With the
place and lifting the roadblocks put up by them. On second quarter, after a dismal first quarter three months and is on par with production in the omission of opener Rohit Sharma
Monday, Shah is reported to have invited them for performance due to the Covid-induced lock- comparable quarter last year when the economy on the Australia tour, it was a
talks without any conditions. Hopefully, farmers will down, were announced on November 27. As ex- was in a better shape. All other sectors – mining, given that the Indian team would
try and find a modus vivendi to suspend the stir after pected, the economy recovered quite significant- trade, hotels, transport, communication, broad- suffer but who expected such
their meeting with the Home Minister. The longer they ly in the second quarter from the severe contrac- casting and retail – have shrunk at a slower pace, startling results. India's bowling
continue to protest against the long-overdue reforms, tion in the April to June quarter. With 7.5 per cent which is a sign of recovery, implying greater eco- has become a matter of grave
the more likely will they forfeit the sympathy of the contraction in Q2 of FY-21, the growth rate is bet- nomic activity across sectors, compared to the concern, since Australia set up a
people. At one level, the big farmers in Punjab are the ter than most estimates. The recovery in the slide, previous quarter. So when the official view is that gigantic score consecutively in
aided by progressive unlocking coinciding with green shoots are visible, holding out hopes of a both the one-day internationals.
most-pampered, getting 24x7 free power, hugely sub-
the festive season and pent-up demand, helped Although GDP growth is expected to better recovery in coming quarters, there is a India's trump card Jasprit Bumrah
sidised fertilisers, higher-than-market price for their
produce through obligatory procurement by the state
the economy deliver a positive surprise. Notwith- improve in the remaining two quarters need to be little circumspect because while the was not in rhythm and Yuzvendra
standing the confirmation that India is in techni- headline numbers are better than most estimates, Chahal,who has an outstanding
agencies and, above all, no tax on farm income. They cal recession, the sharper than expected narrow- of the current fiscal, analysts expect the the economy remains in bad shape. The only ma- record in the Australian soil also
should cut their losses and in good faith, commit to ing in the pace of GDP contraction was primari- economy to face downward pressure jor positive is that the Q2 contraction has been of seems to be out of form. The
modernise farm production, instead of burdening tax- ly driven by agriculture, manufacturing, elec- a smaller magnitude, but the economy has en- Aussies must be looking for a
payers with a recurring bill for multiple subsidies. tricity and utilities. Agriculture, in fact, is the
from the still worrisome spread of the tered technical recession because of negative clean sweep after wrapping up
bright spot for the second straight quarter, amid pandemic in some states and the re- growth in two consecutive quarters. the ODI series. Therefore, the
FPJ ARCHIVES NOVEMBER 22, 1962 a grim GDP performance. imposition of restrictions in certain The need to be cautious also arises from the men in blue ought to play with
India’s Q2 GDP numbers were anticipated to fact that the Q2 numbers are being compared an absolute determination at
have a significant sequential rebound, even as regions. Consumption demand and with the second quarter of 2019, which was Canberra to salvage their pride.
they were expected to remain in the negative. The investment are needed to push the also the year of the slowdown that began in Tushar Anand
first quarter contraction by a whopping 23.9 per 2018. Before Covid-19 hit the country, our econ-
cent was unexpectedly higher than the consensus economy on a sustained growth path. omy was on a downward spiral; the pandemic No time to celebrate
estimates, which was primarily because of the Since both continue to be tepid, any dealt it a brutal blow. Therefore, the road to a It is despicable that an acutely
stringent nationwide lockdown between April full recovery is pretty long. Two successive debt-ridden Goa Government,
and June. Notably in the first quarter, agriculture meaningful recovery in the December quarters of contraction and the third quarter which is borrowing hundreds
was the only sector that registered 3.4 per cent quarter looks doubtful. also likely to be in the negative territory im- of crores of rupees every
growth, while other segments recorded massive plies that India is heading for a full-year fall in month, has decided to merrily
contraction – construction (-50.3 per cent), manu- GDP growth, for the first time since 1979. Going squander a whopping Rs 100
facturing (-39.3 per cent), mining (-23.3 per cent) tain regions. Consumption demand and invest- forward, the hope of sustaining the current re- crore to celebrate 60 years of
and services, trade and transport shrinking at 47 ment are needed to push the economy on a sus- covery for the economy to come back on track Goa’s liberation. With the
per cent each. With the high frequency indicators tained growth path. Since both continue to be next year will depend critically on the spread crucial Mhadei issue haunting
– auto sales, real estate, manufacturing PMI and tepid, any meaningful recovery in the December of the pandemic, as the winter months war- us and so many other
railways freight earnings – having shown grad- quarter looks doubtful. In fact, now that the festi- rant caution. extremely serious tribulations
ual signs of pick-up, pointing towards overall eco- val season is over, demand is expected to slow The 23.9 per cent fall in GDP in the first quarter confronting the state, it is
nomic recovery, the second quarter growth ex- down considerably. was one of the worst among major economies of the very inappropriate for the
pectations, therefore, were significantly better As of November 30, three days after the Nation- world. The 7.5 per cent reduction is better than the government to have even
than that in the first quarter because of the al Statistical Office released the Q2 GDP data, global average of minus 12.4 per cent for 49 coun- thought of such celebrations
phased unlocking of the country. there were 9.31 million reported Covid-19 positive tries. In the first quarter, the average of these 49 and that too, while the
Analysts’ estimation of the second quarter slip- cases in India, accounting for about 15 per cent of countries was minus 5.6 per cent, while India con- pandemic is raging. Goa
page was in the range of 8 to 13 per cent. The RBI the world’s 61 million cases. With an average of tracted by almost 24 per cent. But there are many needs to be freed from
expected a contraction of 8.6 per cent. In the July around 40,000 cases reported daily in recent days, countries that have recorded better growth, or less corruption, nepotism and see
to September quarter of last year, the GDP the pandemic is still a cause of concern, while the contraction, than India: US, Germany, Italy, Japan, good governance. There has
Over 900 POWs in Chinese "black hole" growth was 4.4 per cent. In expectations of a sig-
nificant sequential pullback in the Q2 GDP, rating
progress on the vaccine front is the only hope to
contain its spread. There is still time before the
Singapore, Sweden and Hong Kong, while Taiwan,
China and Vietnam recorded positive growth. This
to be total transparency and
accountability in the
The FPJ News Service GANGTOK, Nov. 21: Chinese have lodged 927 agencies and global brokerages have revised vaccine will be available to the public. Therefore, means, as the data suggests, the contraction in In- functioning of the
Indian prisoners in dark, dingy camps in Urumchi in Sinkiang and Lhasa their FY-21 GDP forecasts for India to around mi- the economy will continue to be disrupted by the dia’s economic growth during July-September quar- government. Our state has to
in Tibet, according to reports reaching here. About 200 Indian soldiers nus 7 per cent from the over minus 8 per cent ear- pandemic because of restrictions on travel and ter has been sharper than most other major be unchained from the
captured in Ladakh region have been placed in Urumchi camp and about lier. Although GDP growth is expected to improve tourism, which will affect airlines, hospitality economies, though the decline in the case of Spain menace of being a gambling,
700 of them have been lodged in Lhasa prisoners' camps. in the remaining two quarters of the current fis- and service sectors. The degree of disruption and (-8.7) and Britain (-9.6) has been slightly higher than drug and rostitution den and
These reports were confirmed by Radio Peking which said "royal cal, with the improved pace of pick-up in eco- its prolonged impact on businesses will continue India’s. Given the uncertainty, one can be cautious- a safe hub for crime. Only
treatment" was being meted out to POWs by the Chinese military nomic activity in most sectors, analysts expect to haunt the economy, which is far from reaching ly optimistic on Indian economy, but there are sev- then could we have reason to
authorities. The broadcast said Indian soldiers had written to their the economy to face downward pressure from the pre-pandemic levels. The GDP prints for two con- eral areas of concern as well. proudly celebrate a truly
relatives in India about the "cordiality and hospitality" extended to still worrisome spread of the pandemic in some secutive quarters of the current fiscal reflect the The author is an independent liberated Goa.
them by the Chinese. states and the re-imposition of restrictions in cer- exceedingly high impact of the pandemic across senior journalist Aires Rodrigues
Letters to the editor should be sent to: The Free Press Journal, Free Press House, Free Press Journal Marg, 215 Nariman Point, Mumbai. 400021; Fax: 22874688, e-mail: mail@fpj.co.in; Type letter, leave space, write your views and name. Letters may be edited for clarity and space.
millenniumpost| NEW DELHI| TUESDAY, 1 DECEMBER, 2020 mp editorial 7
Policing in the
EDITORIAL
On the bright side
Stories of hope from across the tribal areas of how communities survived due
digital age to the Forest Rights Act even as attempts have been made to dilute it
T
he novel coronavirus diverse ecosystems.
A
disease (COVID-19) For example, Adivasi
number of factors in recent times have pushed to pandemic has had Kondh communities in Naya-
the forefront, the public debate over racial profiling SHWETA TRIPATHI a drastic impact on garh, Odisha, were able to sur-
and systemic racism in policing across the world. forest communities, causing vive on a diverse range of forest
The killing of George Floyd and the furore that losses of livelihoods and shel- foods during the lockdown as
followed was a large contributor to this push. Joe Biden and ter, food insecurity, physical they had been regenerating
Kamala Harris have promised to eliminate rampant systematic hardships, health-concerns their natural forests for over
racism from American policing. While racial profiling itself and economic suffering. four decades.
is not old or specific to the US, there is a troubling dimension But it is heartening to Women also played a key
to the whole situation that affects the long term existence of witness hundreds of stories role in managing the crisis in
systemic racism in policing practices. of empowered communi- areas where the village assem-
As technology has advanced, facial recognition technol- ties under India’s Scheduled blies were empowered. In the
ogy and predictive algorithms have increasingly become a Tribes and Other Traditional Dindori block of Madhya
much-coveted tool for policing worldwide. In the US in par- Forest Dwellers (Recognition Pradesh, women organised
ticular, police departments are increasingly adopting digital of Forest Rights) Act, 2006, a system of food distribution
technology in the hopes that they can make law enforcement also known as Forest Rights and water collection that made
both accurate and efficient. A noble initiative to be certain Act (FRA) coping with the cri- sure that physical distance was
and on the face of it, a well reasoned one. After all, the cliche sis with remarkable resilience. maintained in tribal villages.
is that data never lies. Understanding the dras- Since the legal recognition
Not so, however. Predictably, there are many problems. The There are tic impact of the pandemic on of their CFRs in Dhule, Maha-
biggest of which is that this new band of predictive policing forest communities and their rashtra, communities have
is based on machine learning. Ample evidence and examples case studies spirited efforts to tackle it is been practising self-sufficient
over the years have shown that, depending on the input, these documented from vital in these times of chaos, agriculture as a way of long-
machine learning models can imbibe the biases in the data it is climate concerns and socio- term cluster development.
presented. The problem has only gotten worse. Data received various parts of economic distress. This long-term practice helped
from a flawed first generation of predictive tools was used as
the basis for further generations of such tools. Because they are
the country where Glaring loopholes
The COVID-19 pandemic
Collection, use and sale of minor forest produce by forest dwellers got severely affected due to the pandemic them to save food grains and
vegetables that helped them
based on pre-recorded sets of data, the machine mimics older empowered exposed many lacunae in the Community Forest Resources reported. FRA and PESA (Provisions of during the pandemic.
biases in data collection. The problem is particularly acute in village assemblies implementation of welfare (CFR). Dilution of laws the Panchayats (Extension to The Gotti Koya tribals in
the US. Consider figures provided by the US Department of schemes and services. Follow- It was only after demands Amid such hardships faced Scheduled Areas) Act, 1996, the Mulugu district of Telan-
Justice itself that showed that you were twice as likely to be under FRA ing the announcement of the from people’s organisations by tribal communities, the have helped to facilitate sup- gana made face masks of teak
arrested if you are black rather than white. A black person initiated a holistic first phase of lockdown, there and civil society groups that dilution of laws and policies port for forest communities at leaves. Tribals in Chhattisgarh’s
is also five times more likely to be pulled over by the police was an exodus of nearly 40 mil- over 16,000 new names were under the theme of ‘Self-Reli- various levels by overcoming Bastar district made face masks
without cause. Now, consider the result of feeding data that is COVID-19 lion internal migrants from the registered for employment and ant India’ to boost the econ- constraints and crisis situations of palm leaves. Tribals of Viz-
based on this bias into a machine learning programme that governance plan cities to rural areas. got work on an average of 25 omy has increased resentment during times of wide-scale ianagaram district in Andhra
then comes up with an algorithm for predictive policing. The These included tribals and days across a number of states. among them. distress. Pradesh made masks of herbal
data bias has clear potential for aggravating the situation. well before local other forest-dwelling com- The collection, use and There has already been a There are case studies doc- leaves. They covered their faces
Another aspect of this is the likelihood that such software administration. munities who got stuck in the sale of minor forest produce diversion of around 0.39 mil- umented from various parts of due to non-availability of pro-
can also misidentify you as it is trained to work better with a cities without any support sys- (MFP) by forest dwellers also lion hectares (ha) of forest land the country where empowered tective masks in the tribal
particular set of features. In 2018, an MIT study of three com- There are also tem, shelter, food or water. got severely affected due to the between 2008 and 2019. Recent village assemblies under FRA areas.
mercially available gender recognitions systems showed that examples of how The absence of healthcare pandemic. An estimated 100 announcements regarding initiated a holistic COVID-19 The strong resilience of
they had error rates of up to 34 per cent for women of colour, facilities in tribal areas, with million forest dwellers depend the dilution of Environment governance plan well before communities in these tough
nearly 49 times the error rate for white men who were pre-
secure tenure a prevalence of diseases and on MFP for food, shelter, med- Impact Assessment and lib- local administration. times exemplifies their own-
dictably the target group that the software had trained with. and empowered health concerns such as mal- icines and cash income. eralisation of entry norms for There are also examples of ership and a deep sense of
As such, last week the UN also expressed deep concern village assemblies nutrition, malaria, leprosy, etc, The season for collect- private entities in the coal sec- how secure tenure and empow- belonging to the forests. Tribals
over the growing use of big data in policing and the potential severely limited the capaci- ing non-timber forest pro- tor has increased tribal anger. ered village assemblies helped have been the prime conser-
for disproportionate negative effects on minorities. Their con- helped reduce ties to deal with any major duce this year coincided with FRA has the potential to reduce distress migration dur- vationists of forests and have
cerns are largely based on the example of how such systems distress migration COVID-19 outbreak, posing the lockdown. This adversely secure the forest rights of at ing the pandemic. managed the biodiversity of
increased discrimination when used in profiling systems used a serious threat to the tribal impacted those whose liveli- least 200 million tribals and For instance, a study done forests since ages.
by many private companies for their hiring process. during the population. hoods depend on MFP. other traditional forest dwell- by the Community Forest Deep forests are a complex
Of course, the problem does not end with policing and job pandemic The poor access of tribal After demands from peo- ers over 40 million ha (50 per Rights - Learning and Advo- ecosystem encapsulating the
hiring. Big data and predictive algorithms are becoming more and forest dwellers to the pub- ple’s organisations, the Gov- cent of India’s forest land) cov- cacy or CFR-LA recorded sto- grand narratives of resources,
widespread by the moment. Already everything from loan lic distribution system was ernment of India’s Minimum ering 1,77,000 villages. ries from Central India. nature, biodiversity and lives.
applications to targeted social media apps are based on these reported from all states. There Support Price (MSP) scheme It has been a decade and a Around 50-gram sabhas in Breaking this ecosystem would
predictive algorithms. In regards to policing itself, it is alarm- were also various reports of for procurement of selected half since the law was passed. the Gondia district of Maha- only intensify the disposses-
ing to note that the Black Lives Matter movement in America starvation from the tribal areas MFPs was further revised However, only 13 per cent of rashtra organised a federation sion, alienation of the com-
has not actually slowed the use of biased predictive algorithms since they remain excluded and procured a value of Rs the 40 million ha has been that guaranteed competitive munities, thereby adversely
in policing in America, it has stimulated its growth. As discus- from most of the benefits of 152 crore MSP during the demarcated under the FRA by prices and bonus for the com- impacting the forests.
sions over defunding and further regulating the police force the socio-economic scheme. pandemic. the environment ministry. munities for their product Whether the government
take centre stage, so does the need for police departments to The lockdown measures The survival of the partic- This laxity in duly record- collection. It earned Rs 2.5 learns from these stories of
plug in the gaps with measures like predictive policing. have badly affected wage ularly vulnerable tribal groups ing existing forest rights and crore by selling Tendupatta, resilience and works towards
All is not lost, however. Unlike human bias, machine bias employment for tribal com- living in remote and scattered the resultant tenurial insecu- an MFP while taking precau- effective implementation of the
can be course-corrected by teaching algorithms to identify and munities. FRA title holders geographical locations in India rity is likely to increase vul- tions against the spread of FRA remains to be seen. The
then tackle bias in the data it is presented. Several organisa- are entitled to an additional was another issue. Incidents of nerability and more adversely COVID-19. communities however would
tions across the world are already working to identify biases 50 days of work under employ- the forest department illegally impact livelihoods and food There are also striking continue with their spirit of
in existing algorithms. Furthermore, there are larger regula- ment guarantee schemes with demolishing houses, beating security of forest dwellers dur- examples of how local knowl- survival, securing their habi-
tory efforts by governments as well such as the General Data which they can take up activi- up women and children and ing the pandemic and after. edge and long-term conserva- tats and existence within the
Protection Regulation in the EU which, among other things, ties such as land development filing cases against them under Stories of hope tion efforts led by local people ecosystem. DTE
prevents any organisation from using data that promotes spe- and enhanced productivity of several strict provisions were Rights recognised under can create healthier and more Views expressed are personal
cific biases to make automated decisions.
P
kinks can have dire consequences.
akistan was dealt Pervez Musharraf during one to pay a considerable price for
a very humiliating of his US visits, had met the not having heeded to an inde-
EVERLASTING Dear blow by the 57 mem- members of the Jewish lobby pendent foreign policy keep-
Opinion
{ OUR TAKE }
E STA B L I S H E D I N 1 9 24
What the Indian
The perils of markets don’t tell you
UP’s approach In contrast to the fate of
millions of poor people,
was functioning normally. It defies companies, their shareholders and
conventional wisdom that when busi- people employed in the financial mar-
nesses are shut, and sales are falter- kets sector. Worse, such increase in
ing, that the market value of compa- market wealth did not help to create
UP should step back from a law that could stock markets have nies should increase so sharply. new jobs in these companies. Instead,
deepen the Hindu-Muslim divide boomed with little The market value of most of these some reduced their workforce while
companies has risen irrationally many reduced the wages of their
tangible benefit because of exuberant stock market employees. There was no tangible
activity with utter disregard to the benefit to the economy or society
T
he Uttar Pradesh (UP) Police has lodged the
I
ndia is in an economic recession state of the underlying economy or from this excessive speculative stock
first case under the just-promulgated UP for the first time in its independ- the performance of the companies. market activity except enriching a
Prohibition of Unlawful Conversion of ent history. Since April, large Foreign investors flush with money select few and widening the economic
swathes of the nation were com- from central banks in their home and social inequality.
Religion Ordinance against a person in pletely shut for three months countries have poured their excess Excesses of financialisation and
Bareilly — a Muslim man, accused of seeking to and only partially open there cash into India’s stock markets. A few financial markets are a real threat to
coerce and convert a Hindu woman in order to after. A recession and a pall of gloom thousand investors gamble in the social stability and harmony, not just Excesses of financialisation and financial markets are a real threat to
over the economy were inevitable. stock markets on a daily basis which in India but in many other countries social stability and harmony, not just in India but elsewhere too REUTERS
marry her. News reports present a complicated The only surprise would have been if pushes up the value of such as the United States
picture, with the woman’s father alleging the India’s economy had not suffered a companies. and United Kingdom. In income above a certain high thresh- The government’s economic
accused had threatened the family for opposing deleterious impact. But, for a tiny Just when millions of the garb of market effi- old. None of these measures worked response to the Covid-19 crisis has
sliver of India’s elite, it is not gloom rural Indians were toiling ciency and price discov- and in the decade since the crisis, the only further aggravated this social
conversion; the woman’s brother claiming that the but boom times. in the sun for ₹200 ery, financial markets financial sector has only turned even disparity through a bountiful mone-
entire episode took place a year ago, the matter In the seven-month period between rupees, these investors have turned into a den for more reckless and shallow. Obama is tary stimulus for the financial sector
had been settled, his sister was now married to April and October, when businesses spent $250bn every day to Praveen gambling and a channel candidly remorseful that he was una- and negligible fiscal aid for ordinary
were shut and jobs were lost, 274 mil- speculate on the prices of Chakravarty for easy wealth for a select ble to tame the beast of financialisa- people.
someone else, and the police took the initiative of lion rural Indians earned their liveli- shares, currency, deriva- few. But their risks are tion. It may not be an exaggeration to It is time to acknowledge that
lodging the case; others suggesting that the hoods primarily by labouring an tives and other exotic borne by all and protected impute that such extreme financiali- India’s stock markets have no mean-
relationship was consensual; and the family of the entire day to earn a paltry ₹200 under financial instruments in by governments using sation of the economy disrupted the ing for the larger economy. Gloating
the Mahatma Gandhi National Rural India’s stock markets. Levels of specu- taxes and savings of ordinary citi- social order and fostered the subse- over stock market ebullience as an
accused arguing that this was a false case. Employment Guarantee Scheme lative trading (measured as delivery zens. The social costs of excessive quent extreme Left and extreme Right indicator of economic performance is
If the multiple versions of this story present a (MGNREGS). Hundred million more percentage) in the stock markets financialisation of economies now political movements championed by like treating ticket sales of the Indian
somewhat complex picture, it is because the truth people asked for work under reached an all-time high, with 50% far exceed their perceived trickle Bernie Sanders and Donald Trump Derby as an indicator of the larger
MGNREGS this year vis-à-vis last more buying and selling this year down economic benefits. respectively. economy.
about relationships between young people in a year, reflecting the economic impact compared to the same period last year In his recent memoirs, former US India’s post Covid-19 economy is Covid-19, apart from damaging the
patriarchal set-up in general, and about interfaith of the lockdown. when there was no economic shut- President Barack Obama describes his like the fire god Agni — two faced with health of millions of Indians, may also
relationships in a set-up where religious In exactly this sombre period, the down. experiences in dealing with the one beneficent and the other malig- further rupture India’s economic and
top 50 companies in India’s stock These 50 companies employ nearly extravagances of the financial sector nant. Malignant for a vast majority of social equity.
prejudices are deep in particular, has many layers. market increased their value by $200 two million workers. A vast majority during the 2008 global financial crisis. Indian families that is experiencing
Young people, even when they are in consensual billion combined. This is seven times of these workers did not gain a single He famously shamed the financial job losses and declining incomes. Praveen Chakravarty is a former
relationships, often keep it under wraps for fear of more than the increase in the value of rupee from the new wealth added to sector professionals by calling them Beneficent for a minuscule few that banker and a senior
these same 50 companies in the same their companies. Nearly all the gains “fat cat bankers” and attempted to have seen their wealth soar, driven by office-bearer of the Congress
parental recrimination; families try to end such period last year, when the economy accrued only to the owners of these impose a 90% tax on their financial irrational financial markets. The views expressed are personal
relationships, when it goes against their beliefs
and they fear social sanction. In the backdrop of a
political climate where a certain type of
relationship — between Muslim men and Hindu
women — is stigmatised and now made legally
From India’s wars, five { M VENKAIAH NAIDU } VICE-PRESIDENT
P
lessons for the present
difficult, the ability to exercise autonomy and be
truthful about it is even more difficult.
As this newspaper has consistently argued, the
India condemns terrorism
UP legislation as well as the proposed legislations aving spent eight years researching ness to stand up as a responsible international
in all its manifestation.
in other states — based on the flawed theory of
“love jihad” — stems from patriarchy and bigotry.
Unless there is criminality and conversion due to
inducement, coercion, allurement or fraud —
H and writing in a focused manner on player.
war and conflict in independent The third lesson is a corollary of the first
India, it is time to distil five big les- and a consequence of both moral and devel-
sons for a diverse constituency of stakehold- opmental dilemmas in the Indian strategic
ers in India’s national security matrix. These DNA. In its quest to emerge as a responsible
We are particularly
concerned about states
that leverage terrorism
which is covered by other laws — matters of the range from the policymaker and the practi- and restrained power that strives to uphold
as an instrument of
A
tioner to the academic and the common citi- the ideals of its pioneering leaders, India has
heart are best left to individuals. Instead, what has
happened is first, an attempt to politically deepen
zen. As India matures as a democracy and its often been surprised by assertive and rela-
aspirations to emerge as a leading power tively clear-headed adversaries, both at the
their state policy.
the distrust about interfaith relationships, and gains momentum, all these stakeholders must state and non-state levels. While moral dilem-
understand the conduct of war and the utility mas have often delayed military responses,
second, an attempt to address this through laws. of force as an instrument of statecraft. developmental dilemmas have resulted in the
Irrespective of the truth of the case in Bareilly, the The first lesson is that contrary to the creation of suboptimal military capabilities.
P
conflict termination before the phase of con- of the Saltoro Ridge that overlooks the Sia- In the wake of the trilateral, it is impor- Yameen’s tenure in office (2013-2018) was
policy except in West Asia. His administration is flict resolution offers some light at the end of chen Glacier were examples of hard-nosed tant to examine ways to deepen co-opera- regarded as a time of a pro-China tilt for the
presumed to have had a role in the assassination what has been an intense struggle of ideas. In decisions that went against the grain of con- tion between India and its Indian Ocean Maldives. And it was then that large invest-
what has been a mother of all struggles, the ventional Indian statecraft. Similarly, Prime neighbours. One way to do this is strength- ments in infrastructure were made.
of Iran’s top nuclear scientist last week. His son-in- Indian State continues to grapple with a wax- Minister Atal Bihari Vajpayee’s decision not to ening India’s policy of development cooper- Since most of the Chinese investment has
law has flown to the Persian Gulf for one last ing and waning proxy war in Jammu and allow Indian forces to cross the Line of Con- ation and economic diplomacy in the region been in infrastructure projects, which have
diplomatic roundabout. Mr Trump’s team is tying up Kashmir (J&K) that has shown chameleon- trol during the Kargil conflict was another vis-à-vis China’s engagement track. long gestation periods, and the
like shades of insurgency, terrorism and example of political clarity that led to the India’s development cooperation majority of the development assist-
the loose ends of what it sees as its great foreign policy hybrid war. occupation of a high ground by India that has been a consolidated effort over ance is in the form of non-conces-
moment — getting a slew of Gulf Arab nations to The second lesson is that India has not demonstrated that it could balance the appli- several decades, across four key sional loans, Sri Lanka and Mal-
recognise Israel and concretise an anti-Iran coalition. been averse to the application and demon- cation of force with restraint. verticals. One, housing and reha- dives find themselves in a debt
stration of force outside its geographical The fifth and last lesson, based on recent bilitation projects and high impact trap. The Maldives, for instance,
West Asia’s deepest geopolitical fault-line no boundaries in response to a call for help from events in the security domain, highlight community development projects has run up a debt of $1.3 billion to
Urmi
longer runs between Israelis and Arabs but between neighbours and the global community. The India’s attempts to shape new policies, strate- have involved grassroots develop- China, which is more than a quar-
Indian Peacekeeping Force (IPKF) interven- gies and structures to meet contemporary ment and large-scale local partici- Tat ter of the GDP of Maldives. The
Shia Persians and Sunni Arabs. It was the Gulf
tion in Sri Lanka; the foiling of the 1988 coup national security challenges. There is clearly pation. unsustainable levels of debt have
monarchies which applauded Mr Trump ending the in Maldives; the sustained contribution to a reduced threshold to absorb “first blows” Two, education-based tourism made the new governments in both
Iran nuclear agreement, initiated the Israel outreach United Nations peacekeeping and peace and an articulated aspiration to migrate from programmes and skill-building initiatives countries wary of foreign participation in
and are now working to ensure all this will be fait enforcement operations, many of which have diffidence and excessive restraint to a more such as the Indian Technical and Economic large-scale infrastructure projects.
led to violent armed confrontations and assertive and proactive response mechanism. Cooperation (ITEC) and the Technology However, India can look to increase its
accompli for President-elect Joe Biden. Mr Biden’s resulted in casualties; and the resolute action India’s recent cross-border strikes on its east- Adoption Project were fully sponsored by engagement in a threefold manner. First,
foreign policy supports the Arab-Israeli in Doklam, are all examples of India’s willing- ern and western frontiers, its response at the government of India, in coordination New Delhi can play a much bigger role
rapprochement. But it may be frosty towards Saudi Doklam and the firm, albeit delayed, reaction with over 68 premier institutions. Three, through climate diplomacy with Maldives
to transgressions by the People’s Liberation infrastructure projects have followed the and Sri Lanka, since it has taken the lead in
Arabia and includes plans to resurrect the Iran Army in eastern Ladakh have demonstrated Security and Growth for All in the Region promoting two initiatives globally: The
nuclear agreement. The last won’t be easy. Iran has this clearly. What emerges is that for any sig- (SAGAR) policy and aimed to deepen eco- International Solar Alliance and Coalition
12 times more low-enriched uranium than the nificant shift in strategy to be effective, there nomic and security cooperation with its for Disaster Resilient Infrastructure (CDRI).
needs to be a strong bridge that connects poli- maritime neighbours. Some key Indian pro- Second, India could take a leaf out of
original agreement allowed while Washington has tics, policy, strategy, doctrine, structures and jects in Sri Lanka are the Kankesanthurai China’s “sharp power” diplomacy and util-
zero diplomatic credibility. capability, much like the Strategy Bridge sug- harbour in Northern Sri Lanka and the ise its information broadcasting capacity to
The stakes are high. The Arab Street has no love gested by the renowned English scholar, Colin Indo-Japanese East Container Terminal showcase its own global initiatives. This
Gray. Clearly, it is this bridge that needs signif- (ECT) at Colombo Port. Similarly, for Mal- would help soften its “big brother” image in
for Israel. Iran’s informal empire remains intact but icant bolstering at every level. dives, India is assisting with the Greater the region.
broke. Outsiders must tread this minefield carefully. Recent initiatives indicate that this process Male Connectivity Project. And, finally, And finally, a key grouping that can play
India has even more reason to avoid a regional role has commenced in right earnest with a top- India is also committed to improving a bigger role in strengthening cooperation
down approach; there will be hits and misses energy infrastructure and helping cope with with Sri Lanka and Maldives vis-à-vis China
and continue to maintain a set of bilateral along the way as India seeks a “new normal” the climate crisis in the region, aided by its is the Quad. Key individual actors — namely
relationships. Pakistan is struggling. The United in its national security and warfighting dis- expertise in solar energy. Japan, India and United States (US) — are
Arab Emirates banned visas for Pakistan and others course. Lessons from the past will always India’s investments have thus been present in both the countries as independ-
offer instructive guidance. focused on human capital development and ent donor nations and can do much more
who opposed normalisation of ties with Israel. As deployed largely in employment-intensive through coordinated actions, to promote
West Asian politics becomes ever more cut-throat, Arjun Subramaniam is a retired Air Vice Marshal sectors. This is in contrast to Beijing’s soft power and economic diplomacy.
Islamabad may have to choose between ideological from the Indian Air Force and the author of India’s efforts. China had developed particularly
There will be hits and misses as India Wars: A Military History 1947-1971 & Full Spec- close ties with past regimes in Sri Lanka Urmi Tat is a research associate,
sanctity and economic stability. Either way will be to seeks a new normal in its national trum: India’s Wars 1972-2020 and Maldives. During the earlier presidency Centre for Air Power Studies
New Delhi’s advantage. security and warfighting discourse HT The views expressed are personal of Mahinda Rajapaksa and Maithripala Sir- The views expressed are personal
R. N. I. No. 503/1957 ● Postal Reg. No. DL(ND)-11/6058/2018-19-20 ‘Licensed to post without prepayment’ LICENCE No. U(C)-113/2006-08, Air surcharge: Raipur and beyond by Rail or Road - Re 5/-, Ahmedabad, Bangalore, Coimbatore, Chennai, Cochin, Goa, Hyderabad, Khajuraho, Mumbai, Trivandrum, Visakhapatnam, Vijayawada and beyond by Rail or Road - Rs. 10/-;
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Today, country after country in Latin America has been out on the streets against growing ASIAN VOICES
Waving a club poverty, frustration with non-performing models of governance, unrest on campus and Suu Kyis capabilities
I
environmental depredations. Many protesters are using their bodies as a political act
n 2015, the World Health Organisation’s Strategic
Advisory Group of Experts on Immunisation cha-
tested amid
racterised vaccine hesitancy as a “delay in ac-
ceptance or refusal of vaccination despite availabil-
numerous issues
E
ity of vaccination services”. Four years later, but fforts to weaken the military’s
before the coronavirus epidemic swept the world, involvement in politics are
WHO identified vaccine hesitancy as one of the top essential if Myanmar is to pro-
ten global health threats. But in 2020, with Covid-19 mote democratisation and achieve
having emerged as a global scourge and with accel- domestic stability. Aung San Suu Kyi’s
erated vaccine development programmes having ability to take action is being called
into question. In the Myanmar general
brought the world within nodding distance of an election, the ruling National League
antidote to the virus, concerns about the efficacy of for Democracy (NLD), led by State
vaccines are bound to dominate public discourse Counsellor Suu Kyi, the de facto leader
in the weeks and months ahead. This discourse was of the government, won more than 80
energised at the weekend with allegations that a 40- per cent of the seats up for grabs,
year-old participant from Chennai in a third phase maintaining its sole majority. Suu Kyi’s
clinical trial of one of the vaccine front-runners suf- popularity has been demonstrated,
fered a virtual neurological breakdown and impair- but the future will be difficult. The
ment of cognitive functions 10 days after adminis- NLD won a landslide in the previous
election in 2015, marking a shift from
tration. In the crosshairs of the legal action initiated
the military-centred political rule that
by the man’s family is the AstraZeneca vaccine can- lasted more than half a century. How-
didate manufactured by the Pune-based Serum ever, the Constitution that was estab-
Institute of India. The family has sought compensa- lished under the military regime allo-
tion of Rs 5 crore, but beyond the money involved,
L
another significant legal frame- political technologies” like block- democracy has opened up spaces cates one-fourth of the seats to mili-
the complaint has cast a fearful shadow over the atin America enjoys a work that some countries in Latin ing roads, burning tires, picket- and the internet has provided tary personnel, and the military still
vaccine’s side-effects. While the Drugs Controller of unique place in the world. America have institutionalized to ing etc. various platforms which are not has a certain amount of influence.
India has announced an investigation into the com- It is a world where politics deepen democracy. It is the right In recent years Rio’s carnival easy to crush. The ruling party’s victory over the
plaint, the response of Serum Institute of India must and prose are one and the of the indigenous and ethnic has become a site for resistance Culture has now become a main opposition party, which devel-
raise some eyebrows. The manufacturer has dis- same. While politics intersects groups to be consulted on mat- and rebellion. This year, “long live tool in the hands of protesters. oped from the military regime, may
with literature, society and econ- ters affecting their culture and resistance” was the theme of Sao People dance in the streets to the reflect public wariness regarding a
missed the charges as “malicious and misconceived” omy, Latin American writers are heritage. Paulo’s carnival. Earlier, it used to rhythms of cumbia and salsa return to military-led politics. There
and threatened to seek damages of more than Rs keeping alive the tradition of the Today, country after country be a carnival of the oppressed. music and march along to has been little progress on revising the
100 crore from the afflicted person, a business con- uncertain border between reali- has been out on the streets agai- Now it is overly political. Art is sounds of trumpets, trombones Constitution and ending the civil war
sultant. While claiming sympathy with the com- ty and imagination. Perhaps nst growing poverty, frustration now stoking the protest moveme- and horns. The indigenous and between the military and ethnic
plainant’s medical condition, it has said there is Percy B Shelley had Latin Ameri- with non-performing models of nts in Latin America. Demonstra- oppressed communities find minorities, issues that Suu Kyi includ-
“absolutely no correlation” with the vaccine. It said, ca in mind when he wrote, “poets governance, unrest on campus tors from Mexico to Argentina are healing in such cultural practices. ed in her campaign pledges. Under
“The claim is malicious because the volunteer was are the unacknowledged legisla- and environmental depredations. relying on traditional art forms, Today these have been weapo- these circumstances, she cannot avoid
specifically informed by the medical team that the tors of the world.” Many protesters are using their dances, and music to hold their nised. Victor Jara’s 1971 song being criticised for a poor track record.
complications he suffered were independent of the Latin American writers like bodies as a political act. At a time leaders accountable. The mes- “Derecho a la paz” (Right to
vaccine trial he underwent.” This is in contrast to Pablo Neruda and Gabriel Garcia when governments are taking sage is loud and clear. If elected peace) has become a resistance
Marquez had great influence on away the rights that nations gave leaders have made a mockery of anthem for students and work-
AstraZeneca’s response to a report of a woman vol- world writings. Latin America, as to their citizens, the protesters politics, the masses too know ing-class protestors across the Ethnic minority parties dissatisfied
unteer in the United Kingdom reporting neurologi- Marquez saw it, was born in a co- are claiming streets as belonging how to mock them in public. region. with the government split with the
cal distress in September, and another volunteer lonial mind thousands of miles to people, not just for cars. Music, dance and other for- The youth unrest is a ticking ruling party and won seats indepen-
reporting a neurological problem in July. On both across the Atlantic. And yet, it did For instance, in ms of art even at time bomb. Massive cuts in the dently. This should be interpreted
earlier occasions, clinical trials were halted. Later, it sustain a vision of its own, a dis- New York one needs this time of pan- education budgets, steep fee hike as disappointment over the excessive
was claimed that one volunteer suffered from mul- tinct memory, a different history permission from local demic have kept and unprecedented unemploy- consideration for the military. If Suu
tiple sclerosis, and the other had a spinal inflam- enshrined in oral cultures, sto- authorities if more the heat on polit- ment have led to the fear of the Kyi fails to achieve results in the
matory disorder called transverse myelitis. But in ries, legends and collective myth. than 20 people gather ical leadership young generation being locked future, her power to unify is certain to
the Indian case, the vaccine manufacturer has strai- Latin American writers in a park. In many across the regi- out of the economy. The millen- decline. The economy has also failed
rejected Western aesthetics of “art other cities in the US on. nials and Generation Z played a to grow. Problems including delays in
ghtaway chosen to go on the offensive, threatening
for art’s sake”; art for them is for the street march is free In Brazil, su- key role in forcing two presidents infrastructure development and the
the complainant with a countersuit and hefty dam- life’s sake. Literature is not just a only if it involves pporters of for- out in Peru within a week recent- corrupt nature of bureaucrats and oth-
ages. This seems both unfortunate and insensitive. mere string of words; it gives the fewer than 100 people mer president ly. Earlier the Chilean youth ers have hampered investment from
For there is no dispute on two critical facts. One, writers a view of the world. and if they occupy a Luiz Inacio Lula played no less important a role abroad. The administration bears a
the man did participate in the AstraZeneca vaccine Mario Vargas Llosa cam- single lane. In London da Silva have for- in forcing the government to heavy responsibility for failing to solve
trial. And two, he did a few days later apparently paigned for presidency in Peru, political protests now ASH NARAIN med Free Lula dump the Pinochet-era constitu- problems that have long been pointed
suffer considerable neurological damage. Whether Gabriel Garcia Marquez remain- are lumped with loot- ROY Samba groups tion. out. Suu Kyi, who led the pro-democ-
or not the two events are related is for an investiga- ed deeply involved in Colombian ers as threats to public The writer is Director,
around the cou- Earlier, it was believed that racy movement under military rule,
tion to determine, and that cannot be preempted politics and Carlos Fuentes order. The Indian gov- Institute of Social Sciences, ntry. Anti-Bol- extremist forces on the left and faced oppression through such means
Delhi
actively campaigned for democ- ernment has a taken a sonaro groups the right were more politically as house arrest. Despite this, criticism
by waving a club at a person in obvious distress. On
ratic change in Mexico. Pablo leaf from the US and too have prolifer- committed and hence they par- of the government has become the tar-
the contrary, the vaccine manufacturer must join Neruda was nominated for the the UK in restricting protests at ated. Hundreds of indigenous ticipated in protests. Now almost get of crackdowns, even under the cur-
the investigation and allay fears that people have. Chilean presidency in 1970 but India Gate, Jantar Mantar and the women recently occupied the every section of the people seems rent administration. It betrays the
Certainly, the report from Chennai has caused huge he gave his support to Salvador historic Ramleela Maidan.. Ministry of Health, demanding to be willing to take to the streets. expectations of the international com-
consternation and will likely add to the vaccine hes- Allende who won. Some intellec- Various organisations, indi- the restoration of basic health In 2000. President Jamil Mahuad munity that supports Suu Kyi. Suu Kyi
itancy many already feel. tuals and writers indeed became genous and peasant groups in and human services to their of Ecuador was forced to resign also has shown no presence regarding
presidents. Latin America have created big communities. Wearing their tra- after a week of demonstrations the issue of the persecuted Islamic
Dons indeed Latin America’s romance
with football is no less spectacu-
movements which have captured ditional outfits, women sang and
the imagination of the world. The danced inside the building to
by the indigenous people. Argen-
tinian president Fernando de la
minority Rohingya, about 700,000 of
whom have become refugees and fled
I t has become something of a fashion to mock lar. Football not just charms, it indigenous people in many highlight their struggle. Rua fled office besieged by riots to neighbouring Bangladesh. The US
political correctness in recent times. That’s pat- seduces. When the World Cup is countries are, today, well-organ- The indigenous and margin- in 2001. A very powerful protest and European countries are increas-
on, in most Latin American hom- ised at the grassroots, regional alized groups in Latin America that opposed the tax system by ingly criticising Myanmar, calling the
ently unfair, given what is termed politically corr-
es organized religion and orga- and national levels. They advo- seem to have perfected the art of President Sanchez de Lozada of situation a grave humanitarian crisis.
ect terminology is usually a manifestation of the pu- nized football can be seen vying cate for indigenous rights, access collective action. The region is Bolivia forced his ouster in 2003 In Myanmar, where 90 per cent of the
shback against tropes around gender, class, ethnic- for supremacy. When the going is to land, autonomy, basic services, witnessing the ‘festivals of pro- after only 14 months in power. people are Buddhists, feelings of dis-
ity, race, faith and caste which aid the demolition of not in their favour, many invoke environmental protection and test’ or ‘politics of crowd’ like Writers and intellectuals crimination against the Rohingya are
stereotypes. To that extent, it has been an important the divine power ~ the religious political representation. nowhere else. The indigenous wield immense political influ- so strong that the issue did not surface
aspect of sensitising society to the harm inflicted ones their gods and football Street protests played an people revel in feasting, costum- ence in Latin America. Their writ- as a point of contention in the elec-
upon those who have been typecast and calling out fanatics their heroes and stars for important role during the demo- ing and dancing, which is long ings are a source of respectability tion. However, the problem must not
the privilege of those responsible for it. For example, deliverance. Small wonder there- cratization process of the 1990s. part of communal celebration of for the governments in power be allowed to be left unaddressed. Suu
popularising the use in public discourse of human- fore that the French paper L’ Now these protests are for demo- their culture. and provide, in equal measure, Kyi must accelerate such measures as
kind in place of mankind or s/he instead of the mas- Equipe should frontpage Diego cratic consolidation and making Earlier, particularly during legitimacy to an array of revolts granting nationality to the Rohingya
Maradona’s demise, “God is politics accountable. These the military regimes, protesters and movements. Peruvian novel- that will lead to the return of refugees.
culine singular, Afro-Caribbean as opposed to Col- dead”. protests are also a way of assert- met with brutal force of the ist Mario Vargas once wondered Stability in Myanmar is extremely
oured, developing countries and not Third World… In recent decades, Latin ing people power which has now police and the military. Artists why “being basically creators and important for Japan, which advocates
the list is long and spreads across geographies. But it America has become a hotbed of acquired greater intensity. People and writers weren’t spared either. artists”, Latin American writers a “free and open Indo-Pacific.” A large
is important that individuals from all strata of soci- political innovations. Ecuador are increasingly frustrated with When Salvador Allende was killed have ended up being “politicians, number of Japanese companies are
ety feel included, non-stigmatised and can identify and Bolivia have given Nature the the institutionalized road - vot- in a military coup in 1973, the agitators, reformers, social publi- also operating in Myanmar.
with the narrative. With this caveat in place, it has to “right to exist, persist, maintain ing, forming political parties, bar- notorious Pinochet regime took cists and moralists.” Maybe,
be said there is something called overdoing it. Worse and regenerate its vital cycles, gaining in parliament, funding aim at ‘nueva cancion’ (new because “literature is fire”, as he IN MEMORIAM
still when it is not just over-enthusiasm but a con- structures, functions and its political parties and think tanks. music) by banning this kind of said way back in 1967 while
certed attempt by an intellectual cartel which speaks processes in evolution”. Consulta They have now shifted towards music and exiling many musi- receiving the Romano Gallegos NATHANIEL JOHN — You will
previa (prior consultation) is what has been called “alternative cians of that genre. Today, Prize. remain in our hearts forever.
almost exclusively to and within its echo chamber to
snuff out all diversity of thought and expression.
This academic mafia with followers in politics,
media, cinema and literature has set itself up as the LETTERS TO THE EDITOR editor@thestatesman.com
final arbiter of what is deemed acceptable and can
easily be recognised by the air of smug self-affirma- such advances were not repaid. view of ushering in a Uniform Civil
tion which surrounds it. Most, if not all, who prefer
to think for themselves have caved to this new
Political role in NPAs MUST ACT Although the total amount of such
advances was proportionately
Code, they also invert the princi-
ple of ‘minimum government,
dogma, if only to save themselves from accusations SIR, The farmers' agitation small, it eroded the culture of maximum governance’ enunciat-
of being insensitive, exclusionary and worse. Not SIR, Non-performing Assets (NPA) has been going on for the repayment of bank loans. ed by PM Narendra Modi by giving
are the single largest problem past two months or so, but Yours, etc., Sanjit Ghatak, Naren- the state a veto on personal mat-
so, Cambridge University dons. They have opposed being faced by banks in India. The the situation has taken a drapur, 30 November. ters. If these laws are pushed
the University’s latest bout of illiberal political cor- concept of categorization of assets grim turn with thousands of through, New Delhi must prepare
rectness reflected in a series of updates to free spe- as NPA began with the implemen- farmers and union activists DIVISIVE LAWS for likely unflattering portrayals in
ech rules proposed by the authorities last week, arg- tation of the Narasimham Com- on the march to Delhi. In a SIR, After Madhya Pradesh govern- international media comparing
uing that the changes are authoritarian. “The Uni- mittee Recommendations in democracy, such a situation ment’s announcement that it India to South Africa under
versity has no right to demand that we be respectful 1992. Prior to that most banks is unhealthy. We, as common would table a bill to prosecute ‘love apartheid. Among other things it
towards all beliefs and practices. On the contrary, were booking interest income on citizens, can just sit with our jihad’, Uttar Pradesh has now would be a blow to Indian diplo-
we have a duty to satirise and to mock them,” the all loan accounts, without assess- fingers crossed. I hope that passed the UP Prohibition of macy, which championed the anti-
Campaign for Cambridge Freedoms, a group of aca- ing whether the interest or princi- the Union Government will Unlawful Religious Conversion apartheid movement.
pal amount due for repayment find a pragmatic political ordinance making forced religious At a time when the country is
demics who oppose the changes, asserts. In partic- had been paid or not. It was fool- solution as the farmers are conversions – whose meaning will facing multiple challenges from
ular, the rule proposed by the Council of the 800- ishness. Once the recommenda- very significant stakeholders include conversion for marriage – the Covid-19 pandemic and eco-
year-old institution requiring academics to be tions were made operative, sur- in the national economy. punishable by a tough jail term nomic recession to the twin securi-
“respectful” of the diverse identities of others ~ how- vival of three nationalized banks Yours,.etc., Chandan Kumar and fine. ty threats posed by China and Pak-
ever misogynistic, bigoted or vile ~ is problematic. with headquarters in Kolkata Nath, The UP ordinance mandates istan, the people of this nation
Tolerance of others’ identities as long as their mani- and of Indian Bank was threat- Guwahati, 30 November. that those willingly wanting to need to be united. Divisive and
festations are in conformity with the law of the land ened. convert for marriage need to polarising ‘love jihad’ laws under-
is not an issue. Critics say the proposed changes, Bank balance sheets are scru- inform the district magistrate two mine such unity and aid our
no doubt meant well, could be used to undermine tinized by the chartered accounts sions being subjected to subse- banks by politicians to make months in advance. The law will adversaries.
at specified periods. The article quent scrutiny." The cited indus- advances to dishonest borrowers. cause great difficulty for interfaith The BJP central leadership
academics’ freedom of speech rather than protect it
'The NPA Conundrum (November tries suffer from want of demand Glaring instances are those of Vijay couples. should tell its state governments to
given the vague nature of their wording. Sacking 30) by Amarjit Chopra and of their products on account of Mallya, Nirav Mody and others. Not only does it undermine reverse course. A better path would
those who, say, mock individuals and/or ideas they Sabyasachee Dash contains expert Covid-19. They are simply not in a The writers’ belief that lend- personal liberty and free will, it be to simplify the provisions of the
disagree with would be perfectly kosher if the pro- analysis of the NPA problem The position to absorb bank credit. ing to the priority sector is a reason also incentivises hooligans, who Special Marriage Act that allows
posals get through. While the academics’ protest cause of the problems being faced While discussing "principal for accumulation of NPA is not may take advantage of the advance interfaith couples to marry with-
has forced the University to put its proposals to vote, by industries specified in the arti- factors for accumulating bad correct. In most cases, priority sec- notice to intimidate couples. out converting.
one suspects the Orwellian nightmare could well be cle is not lack of credit from the loans" the writers have omitted to tor advances were made in the past These draconian laws not Yours, etc., Vandana,
unfolding much closer home for the West. banks "for fear of business deci- mention the pressure exerted on under political pressure. Bulk of only contradict BJP’s long stated Chandigarh, 26 November.
NEW DELHI, TUESDAY, 01 DECEMBER 2020 07
The world vs China?
moved closer to the US and becoming 100 YEARS AGO
an active member of the QUAD, it
avoided taking any action which was
detrimental to China. It strictly
adhered to its One-China policy,
OCCASIONAL NOTE
HARSHA KAKAR avoided criticising China on internal A valedictory address to the American
matters and refused to give major Society of Naturalists by Professor E.M.
T
he India-China standoff is con- diplomatic space to the Dalai Lama East, of Harvard, contains some inter-
tinuing through the winter. despite China not adhering to the esting forecasts and speculations about
Despite eight rounds of talks, One-India policy. It overlooked the results of the increasing pressure of
no end appears on the horizon. China-Pakistan proximity and con- the world’s population in the near
The dispute remains on the sequence struction of the CPEC through disput- future. For, in spite of everything, the
and methodology of disengagement. ed Gilgit Baltistan. India even ignored population of the globe is increasing.
While China insists on India disengaging its growing trade deficit in the belief Professor East estimates the world’s
and pulling back from the Kailash that trade coupling would maintain population at present at about 1,700
Heights, south of Pangong Tso, India sanctity of the LAC. millions, increasing at the rate of 14 to
demands a Chinese pull back from north India refused to join the BRI and 16 millions every year. Most of the
of Pangong Tso and also desires to RCEP as these would be detrimental increase is in the white races. China’s
include Depsang in the discussions. The to the country. However, it never population of 300 millions is practically
Chinese defence spokesperson stated objected to others joining. India stationary, not so much on account of
last week that India should meet China enhanced ties with China to ensure the periodical famines and floods but
halfway to safeguard ‘peace and stability sanctity of borders. The Chinese because the soil is incapable of carry-
with sincerity’ in the border regions. intrusion in Ladakh stabbed India in ing an increased number of persons.
Simultaneously, China faces the back, compelling it to counter the Domestic animals have almost disap-
global criticism for hiding details of aggression by employing every peared and infanticide is practiced.
the pandemic, enabling travel from avenue. India blocking Chinese Although the birth-rate in most civilised
Wuhan to all parts of the globe lead- investments, its mobile apps and lands is steadily decreasing, preventive
ing to its global spread while block- restricting imports, alongside an medicine by lowering the death-rate has
ing internal movement from affected unofficial national call to boycott Chi- maintained an increase in population. If
areas, thus slowing domestic cases. Its nese products have reduced trade the rate of increase in the population of
claim that the virus existed in parts of deficit and opened doors for decou- the United States is maintained the
the globe before emerging in China is pling, especially in the case of IT and inhabitants within the lifetime of the
ignored. Chinese offensive actions in smaller products. grandchildren of persons still living will
the South China Sea against Taiwan An article in The Financial Times number more than a billion. America
and the crackdown in Hong Kong are of 27 November, covered the impact has to face a special problem in the fact
being criticized. of India banning Chinese Apps, that the birth-rate of the foreign popu-
Global challenges have led to specifically on companies based in lation now coming largely from eastern
European nations to join the US in Hangzhou. It covered examples of and southern Europe is much greater
enhancing naval presence in the companies such as Club Factory, than the birth-rate of the Anglo-Saxon
Indo-Pacific. Chinese attempts to win Alibaba, Tencent and TikTok, and stock, so much so that within a century
over Europe have been rebuffed. detailed their financial losses com- that stock will form only a small frac-
European nations have turned down pelling them to lay off employees. It is tion of the whole. Probably the United
Chinese demands to permit Huawei evident that many more companies States will severely restrict immigration.
to enter their markets. Europe, on the would have been impacted. Money
other hand, is enhancing trade ties Control, in an article of 30 June quotes NEWS ITEMS
with Indo-Pacific countries, bypass- Global Times as stating that Indo-
ing China.
The RCEP may have been signed
China trade has dropped by 50 per
cent since the standoff. SERIOUS FIRE IN
but that has not ended the creation
of coalitions against China. The that China is slowing down invest- the pandemic and its offensive diplo- eign minister visited Europe earlier
iStock
China, by its offensive actions,
has awoken a sleeping and friendly PESHAWAR
QUAD may currently be a grouping of ments in BRI projects. Even the CPEC, matic and military actions. this year, he was questioned on Xin- India, compelling it to take measures, Delhi, Nov 30
likeminded democratic nations; how- which is its pilot project, is behind Nations are crossing Chinese red jiang and Hong Kong. Chinese in addition to military, to hit back. It A serious fire causing damage to the
ever, Japan and Australia are dis- schedule. Nations which had agreed lines at will. Earlier, diplomatic and attempts to warn the global commu- has pushed India into joining global extent of over two-and-a-half lakhs of
cussing a bilateral defence pact to Chinese projects are now backing military visits to Taiwan were avoided, nity on its red lines is being ignored. groupings against it, while defending rupees and razing to the ground nearly
against China. China pushing Asean out. Myanmar, Thailand and Maldives but no longer. The recent visit by two The world is uniting to demand the itself vigorously in Ladakh. Simulta- seventy houses occurred in Peshawar
nations to agree on a code of conduct are examples. US secretaries and a Rear Admiral to admission of Taiwan into the WHO, neously, with visits by the Foreign on Friday. It originated in the house of a
on the South China Sea based on Chi- Companies are moving manufac- the island as also the visit by the despite Chinese objections. Minister, foreign secretary and NSA to sick man named Amir Chand in Ram-
nese perceptions is unlikely to suc- turing out of China. Apple has moved Czech speaker are indicators. Lobsang China is facing a united globe, Seychelles, Nepal and Sri Lanka, India pura Mohalla, and presumably, either
ceed. its manufacturing to Vietnam while Sangay, President of the Central challenging its actions and question- is pushing back against Chinese influ- the lamp which was burning near him
China’s Belt Road Initiative is not Samsung is moving to India. Other Tibetan Administration, was invited ing its behaviour. It needs allies, apart ence in South Asia. overturned, or a spark escaped from his
progressing as per plans. Most coun- companies are exploring Asean and to the White House to meet the newly from Pakistan and North Korea, which China should know that India is hukka. The room caught fire at 9 o’clock
tries where China has invested are South Asian nations. The world is appointed U.S. Special Coordinator it currently lacks. Russia is amongst no pushover, and the decision on and Amir Chand was burnt to death. His
unable to repay loans due to econom- uniting to move supply chains away for Tibetan Issues, Robert Destro. This the few nations which avoids criticiz- whether it needs India as an ally, two relatives also received very serious
ic impact on account of the pandem- from China, despite the RCEP. Many was the first visit by a Tibetan leader ing China as long as China does not enemy or competitor is in its hands. injuries which may prove fatal. There
ic. Chinese economy, despite all nations, including India, are closely to the White House in six decades. comment on Russian actions. China India is comfortable with either was some delay in informing the fire
claims, is facing problems of unpaid monitoring Chinese investments and Simultaneously, China is facing is almost alone. choice. brigade which arrived at 11 P.M. Several
loans. Currently Chinese total debt is blocking them in key sectors. All this criticism for Xinjiang, Tibet and Hong India was always careful in its The writer is a retired Major-General of the houses were demolished to prevent the
350 per cent of its GDP. Reports state is in response to Chinese handling of Kong. When Wang Yi, the Chinese for- relations with China. Despite having Indian Army. fire spreading. The local Seva Samiti also
rendered great aid, but it was not till
W
hile diplomacy can’t be protectorate. Nepal succeeded in not tries will see promising times ahead.
sentimental, essentially it letting the British resident be a ‘con- Timing is particularly crucial for Allahabad, Nov 30
should be courteous. Harsh trolling agent’ of the British East India cooperation in coping with the exis- There appears to have been industrial
Vardhan Shringla, India’s Company that ruled its immediate tential challenges with Covid-19. As trouble again at Port Said, but for the
foreign secretary, was in Kathmandu, neighbour India. the first vaccine is about to be moment things are quiet there. The
and it is indeed heart-warming how In 2020, it is still worthwhile to launched in India, Nepal can stay cause has ostensibly been an economic
India’s top diplomatic envoy can speak look back and know well about the assured of all assistance from the one, says the Pioneer correspondent.
fluent Nepali and understands the choices exercised by Nepal, and the southern neighbour. Workers of certain firms handling the
norms that safeguard India-Nepal rela- glorious journey of overcoming the Also, it is high time that econom- shipping passing through the Suez
tions. Shringla’s visit to Nepal followed challenges. With hindsight, a saner act ic cooperation was given its due to Canal have struck for higher wages, but
two recent high-level visits from India would be self-introspection rather than ensure a post-pandemic economic there is every reason to believe that dis-
- by Indian Army Chief General Manoj blaming the neighbours. The neigh- rebound. The bilateral engagement content has been fomented by Bolshe-
Mukund Naravane earlier this month bours are not the ‘boulders’, Nepal is has to be proactive. Long-pending vik agents, and, in view of an abortive
and Samant Goel, chief of India’s exter- not a ‘yam’. In fact, it should not be a matters related to treaties and terri- attempt made to bring out the Canal
nal intelligence agency Research and conduit for ‘bridge diplomacy’. As a tories should get an official mecha- Company’s employees, who having
Analysis Wing (R&AW) in the third country with immense possibilities and nism so they can be tabled and sorted recently received substantial increases
week of October. aspirations, Nepal should think of a out with a trust-based approach. Such in pay had no cause to complain, it
Without linking the visits to a free-spirited move in its foreign affairs. matters should not stop Nepal’s top would look as if a serious attempt was
common cause, the rapprochement It should give ‘realism’ well-deserved leadership from engaging with India being made to paralyse shipping
from both sides should be welcomed. traction. However, this should not be and resuming flight operations with through the Suez Canal. Troops have
During the last three high-profile vis- confused as a new system bound to the required pandemic-related cau- now been drafted into the Port Said
its from India, Prime Minister KP Oli overlook the conventional wisdom that tion. The policies should have area, and the authorities appear to have
made himself available to meet the helps in knowing friends and adver- humane consideration. The unprece- the situation well in hand.
visiting officials, giving the required istry has once again proposed resum- has a long history of sovereignty and saries in difficult times. dented crisis merits a brave counter-
impetus to the partnership. What
does it suggest? India is keeping busi-
ing flight services to India more than
one and a half months after its first
independent status. Even noncon-
formists will not forget that the
As a matter of fact, Nepal can do
without seeing India and China in
response. In testing times like this,
there is a need to work together to
ST. ANDREW'S
ness as usual and working on the pro-
jects undertaken before the China-
proposal was rejected outright by the
government amid soured relations
Gorkha Kingdom appealed to the
British Empire for protection from a
comparison. This will be particularly
helpful in avoiding any impending
save lives and livelihoods. Nepal
should reciprocate, and this will posi-
DAY IN BOMBAY
originated coronavirus flattened the with the southern neighbour over a Chinese attack through Tibet. The first consequences, especially avoiding the tively support millions of people St Andrew’s Church was crowded yester-
world, and the boundary issue sud- boundary dispute. To keep an inde- British mission came to Nepal in 1793 risk of turning into a ‘geostrategic across the border. day evening with a large and distin-
denly found extra prominence. It pendent and balanced worldview, the followed by the next one in 1802. hotspot’ in South Asia. Nepal, a mod- Without prefixing, the Indian guished company on the occasion of the
would be too naive to say anything most important virtue to be relied on The collaboration didn’t last long, ern republic, should strengthen its envoy termed Nepal a ‘friend’ of India. St Andrew’s day service and the unveiling
else of a significant nature has taken is a ‘sense of proportion’. however, and the Anglo-Nepal War or democracy and democratise its insti- In essence, a friend for all seasons. He of a memorial by his Excellency the Gov-
place in the partnership. Apparently, a Prithvi Narayan Shah called Gorkha War (1814-16) was fought tutions. It should underline a devel- said that not in the Queen’s language, ernor. The service was conducted by the
choice makes a big difference either Nepal a ‘yam between two boulders’ between the Gorkha Kingdom and opment strategy that has an inclusive but in chaste Nepali. He has reset the Rev. A.M. Neilson, who preached a ser-
way. referring to India and China. For the British East India Company. A nature. To bring it into action, a par- tone for benign diplomacy. This is the mon explaining the life and character of
The Oli government had com- British India, Nepal was a buffer zone British victory and the 1816 Sugauli ticipatory model should be followed. need of the hour and should be taken St. Andrew. At the conclusion of the ser-
pletely misunderstood a very crucial between China and India. In the pre- Treaty ended the war. With the treaty, For managing its affairs in the world seriously. In equal measure, decision- vice his Excellency the Governor
stage in history and abstained from sent time and context, by not align- Nepal renounced its territorial claims with new vigour and progressive makers of both countries should work unveiled the memorial which has been
pursuing ‘enlightened self-interest’ ing domestic policies with interna- on the Tarai, and parted with its con- thinking, Nepal has to bring the home on it and clear the fog. We all should placed on the wall behind the pulpit.
when China did everything possible tional affairs, Nepal has a better quests west of the Kali River that in order. Realising it will be a true rise to the occasion. This memorial is placed here to the Glory
to alter the boundaries of its neigh- chance to practise a serious non- reached up to the Sutlej River. Nepal diplomatic nicety. of God and in honour of nursing sisters,
bours. Reportedly, the Tourism Min- alignment policy. Remarkably, Nepal could retain its independence, though The visit of the Indian foreign The Kathmandu Post/ANN. naval and military officers, and men
belonging to the Church of Scotland and
CROSSWORD other Presbyterian churches, who died
NO 28151
in Bombay in the service of the Empire.
V EWS
OUR VIEW MY VIEW | BARE TALK
ISTOCKPHOTO
promoting banks. But the experts con- licensing, public policy cannot be a
tradicted themselves. They proposed morality play.
lame safeguards when confronted with The timing of the proposal, however,
the prospect of a non-banking finance is an issue. India’s economy is still frag-
company (NBFC) promoted by a corpo- ile. Potential incremental instability,
rate entity applying for a bank licence. even if deemed remote, seems unavoid-
They did not suggest that a corporate able over the next two to three years.
promoter must fully divest its stake Proposals to strengthen bank supervi-
before it could apply for such a licence. sion are theoretically elegant but practi-
V. ANANTHA NAGESWARAN That would have been consistent. Fur- cally impossible for now. Internal resist-
is a member of the Economic Advisory ther, it’s puzzling that a foreign share- ance will likely make RBI hiring quali-
Council to the Prime Minister. holding cap of 74% in banks went fied supervisors at market salaries a non-
unquestioned. starter. Further, constructing a scheme
T
iming is everything. Whether one through the NBFCs that they promote. moters for a few years, it would not be a
is executing a cover drive on the NBFCs are refinanced by banks, which level playing field, and there could be
A
ll these decades, India has been rapidly. Once the coronavirus scare is over, Motors Company had decided to apply has the flexibility to impose additional generate bad loans should be fixed first.
less than successful in making both those industries are likely to stage a robust for an industrial bank charter in the US. rules to assess an applicant’s “fit and PSB employees can be brought on a
This is distinct from a bank charter. proper” status. The criteria appear level regulatory field with their private
good economic use of a coastline recovery. The time to plan ahead is now. An Loosely put, it can be thought of as an robust, and in future, should cover qual- sector counterparts. That would
that traces a length of over island getaway within a couple of hours’ flying “augmented NBFC” licence. There is itative inputs gleaned from surveys of improve risk appetite for lending, and
7,500km, let alone the many time from an Indian metropolis could prove to no bar on such licencees accepting stakeholders like employees, suppliers banks might be permitted to offer mar-
islands that dot the waters be a big draw. If its allure matches that of other deposits from the public. and even family members. In 2013, no ket salaries for key functions. Easing the
around the country’s landmass. We do not beach resorts around the world, it could earn When RBI allowed large corporate corporate applicant for a bank licence department of financial services’ choke-
groups to apply for bank licences in met the ‘fit and proper’ test. hold might see PSBs step up their game
seem to consider ourselves much of a seafaring foreign exchange off globetrotters as well. The 2013, there was no major backlash. But, In general, while raising objections to in both lending and capital raising. Sep-
nation, which may explain why offshore choice of locations would be a big determinant in the last two years, several institu- any new proposal, two things must be arately, the central bank can proceed
opportunities are rarely top-of-the-mind. of success. The Andaman and Nicobar archi- tions—financial and non-financial— considered. One is the worst case sce- with augmenting its supervisory skills
This indifference may be about to end. Prime pelago in the Bay of Bengal may suggest itself, have failed. Concerns have arisen over nario and the other is the cost of persist- and resources at its own pace.
Minister Narendra Modi has reportedly asked but earlier plans to develop these fell by the the security of bank deposits. Further, ing with the status quo. Amol Agrawal Once the economy has regained its
the resolution process proposed for has correctly pointed out in an article in footing and achieved a certain heft (say,
officials at the Union ministry of ports, ship- wayside on considerations of national defence winding up banks sowed doubts in the Hindustan Times that “out of the six a gross domestic product of ₹300 tril-
ping and waterways to identify Indian islands and natural habitat conservation. Also, many of depositors’ minds about the safety of failed/merged/troubled banks, four lion), then corporate houses promoting
that could be developed as new tourist destina- these isles are inhabited by tribals who may not their deposits. Also, RBI’s supervision were run by professionals, one by a banks may not be a systemic risk, as
tions or as urban centres in their own right. As take kindly to their lives being gatecrashed by capabilities appear inadequate. financial institution and one by a corpo- currently feared. Even though the
reported, this idea was proposed as part of a outsiders. A better bet might be a candidate in Of all the experts who the IWG con- rate. Clearly, professionals have not objections of experts are muddled, their
sulted, only one did not find anything fared on expected lines.” Whether it is caution is worth heeding. For now.
discussion on a maritime plan for the next the Arabian Sea that can boast of a beautiful wrong with the idea of corporate groups demonetization, tax collection or bank These are the author’s personal views.
decade, which suggests a timeline that Modi shoreline and afford a variety of watersports. In
might have had in mind for such ventures to his Independence Day speech this year, Modi
start attracting holidayers and settlers. We said Lakshadweep would get fibre-optic con-
have more than 1,300 islands in all, most of nectivity within 1,000 days. If this happens,
them uninhabited, and there must surely be at and an airport is built that is more than just an
least a few that could serve the purpose with- airstrip with a check-in and security apparatus,
out resistance from locals. Given the trends of people may come to see it as a place to live, not www.livemint.com New Delhi, Mumbai, Bangalore, Kolkata, Chennai, Ahmedabad, Chandigarh*, Pune* Wednesday, December 1, 2010
Infosys bets
CORPORATE:
Vol.4 No.285 `3.00 32 PAGES
domestic demand, what may be ideal in this just visit. The internet, after all, has allowed a on sensor technologies >7
TELECOM: Government, CBI open to
apex court oversight in 2G probe >3
REALTY: Emaar MGF looks to sell
Price controls almost
context is the creation of a Maldives-like holi- large number of professionals to “work from
properties ahead of IPO >7
SENSEX 19,521.25 Æ 116.15 NIFTY 5,862.70 Æ 32.70 DOLLAR `45.88 æ `0.05 EURO `59.63 æ `0.57 GOLD `20,540 Æ `215 OIL $86.60 æ $0.12
day resort, complete with white-sand beaches, anywhere”, as it were. Again, local consent Kishore Biyani EARLY CHRISTMAS QUICK EDIT
services, but with the capacity to serve a wider Whether an Indian island can emerge as
consolidated his family in- While the finance these contradictory goals
vestments in group companies
into a single holding firm, Fu-
minister and the can be attained. In any
developing country,
ture Corporate Resources Ltd, economic adviser attaining a balance
in a move expected to help remain bullish, analysts 9.3 Gross domestic product
Interest rates: Whether RBI
between spending and
him create a more transparent fiscal prudence is hard.
ownership structure and facili- strike a note of caution Year-on-year growth (in %)
will raise interest rates further will
It is more so in India
depend on sustainability of the
tate succession planning. It current growth momentum, as “inclusive growth”
range of vacation budgets. If the government India’s own Singapore, though, seems doubt-
ey to fund an aggressive ex- asit.m@livemint.com inflationary situation in the redistribution, something
pansion plan, by offering lend- ························· country. that is expensive and
ers shares in the new holding NEW DELHI DK JOSHI
defies the logic of
W
firm as collateral, even though ill India return to the Principal economist, Crisil
sound public finances.
his flagship retailing company 9%-plus economic For example, the
has higher debt levels than its growth rate it wit- Inflation: Robust farm sector
growth will have positive impact
minister has set himself
peers. nessed in the boom years be- on inflation going forward. a target of reducing
The new holding company tween 2005-06 and 2007-08? 5.8 Wholesale inflation may come the fiscal deficit by
now owns a 39.13% stake in The country’s chief economic 1.5 percentage points by
were to play facilitator-in-chief, which would ful. A would-be entrepot would not just need
down to 6% by March end.
Pantaloon Retail (India) Ltd, adviser thinks so and the fi- Q1 Q4 Q1 Q4 Q1 Q4 Q1 Q2
SAMIRAN CHAKRABORTY March 2015. It is difficult
could plausibly be found through auctions. global shipping lanes, it may have to offer
“The (Biyani) family plans to
raise its stake by 3%, to 47% MORE ADVICE
from the present 44%, by con-
verting its preferential shares
into equity shares in the next
one year,” said Anand B., Fu-
Air India hires yet
ture Group’s finance director.
another consultant
since the legal risks must
The Biyanis had earlier invest-
ed `100 crore to convert a part
Nations World Tourism Organization, more ports do have their place on maritime maps, also be compensated.
nies without disturbing the move comes as the airline foreign firms—US-based avia-
management of these compa- struggles to cope with losses tion consultant Simat Helliesen
nies,” said a Mumbai-based and accumulated debt in the and Eichner Inc., Flug-
lawyer, who requested ano- midst of a government bailout. werkzeuge Aviation Software
nymity because his firm does Besides this, some recent se- GmbH of Austria and Texas-
business with the Future nior appointments have come based technology company Sa-
under a cloud and the shifting bre Holding Corp.—to help re-
TURN TO PAGE 2® of domestic services to Delhi’s draw its flight network and
new Terminal 3 in November save on fuel costs.
than 26 millions Indians holidayed abroad in but this business could be even harder to swing
was marked by chaos. For financial restructuring,
The latest adviser to have Air India appointed SBI Capital
been hired is Deloitte Consult- Markets Ltd (SBICaps), an arm
ing India Pvt. Ltd, which beat of State Bank of India.
five other contenders—KPMG, Air India is keeping the hir-
McKinsey and Co., Booz and ing of Deloitte under wraps,
Co. Inc., Bain and Co. and the said an aviation analyst who
Boston Consulting Group. It declined to be named, because
will advise the airline on macro it’s taken on so many of them
2018, spending more than $21 billion. Before our way, unless we see a sharp rise in our trade
issues and review the turn- in the past two years and re-
around programme. jected most of their plans.
Under the contract, Deloitte Roopen Roy, Deloitte’s man-
THOMAS SOWE L L
will present a report within two aging director in India, de-
months, suggesting ways of re- clined comment.
viving Air India. A senior Air India executive,
Since the government requesting anonymity, said
merged Air India and Indian Deloitte will be conducting a
Airlines in 2006, the merged “high-level review” of the cur-
the covid pandemic brought travel and tourism intensity. But then again, new holiday resorts
entity has engaged a clutch of rent turnaround process.
Mint is also available for R5.50 with consultants.
Hindustan Times under a combo offer While Accenture Plc contin- TURN TO PAGE 3®
to its knees, those figures were projected to rise should be enough to boost commerce.
I
n February 2017, the National Pharma- asked for an exemption for high-end stents, price caps, assuming that the government prisingly, this interference was upheld even to betray a control-orientation. At a time
ceutical Pricing Authority (NPPA) failing which they would withdraw these has the resources to deploy by the high court. This past when India’s mandi system (and hence crop
reduced the top price of base-metal and products from the Indian market. This was for their purchase, storage month, Gujarat cut fees of pricing) was being deregulated through new
drug-eluting stents by a whopping 85%. The like a threat. The government responded by and eventual recovery of Arbitrary price private schools by 25%, cit- farm laws, it banned onion exports. It also
price caps would make a basic stent available resorting to an emergency clause requiring costs from patients. In ing covid and the closure of tinkered several times with the prices of len-
at ₹7,260 instead of ₹45,000. Stents are medical suppliers to sell at specified prices India, something similar caps tend to schools. An instinct for tils and pulses through import tariffs. It
mesh tubes made of metal and inserted in or less. Such actions don’t exactly inspire was tried to scale up usage price controls is also mani- won’t let the international price of crude oil
blood vessels to improve blood flow. With investor confidence. The operation of of light emitting diode
distort market fest in the Centre’s new pass through to retail pumps.
India’s high prevalence of heart disease, this inserting a stent is often a life-saving proce- (LED) bulbs. Here too, state mechanisms education policy. It An era of higher inflation is coming. Some
is an economist and a senior treatment has become widespread and relia- dure, and not being able to afford it becomes procurement played a big reaches into the domain of of it might be because of excessive liquidity,
fellow at The Takshashila
Institution, an independent
ble. Since they relate to critical healthcare,
the government thought it fit to impose a
an emotive issue. So governments and politi-
cians trumpet their victory over high prices
role in slashing prices.
The urge to tame infla-
and also yield unaided, fully self-financed
educational institutions,
or inadequate investment in new production
capacity, or higher import tariffs erected as
centre for research and price ceiling to make them affordable. But through ceiling diktats. But such actions tion through price controls unpleasant which were hitherto protective barriers for domestic industry. As
education in public policy. was this the best way to curb stent-price don’t work. Shortages, black markets and is omnipresent in all gov- untouched, and recom- prices of commodities start to rise, be it steel,
inflation? A prominent doctor and former malpractices are an inevitable fallout. Is ernments. India’s NPPA side-effects mends price controls. The coal, cement, proteins or healthcare, not
medical director of Mumbai’s city govern- there any other way to achieve cost reduc- has been busy capping much-publicized Udaan everything can be fixed through price ceil-
ment wrote that while the intent to control tion? Just last week, the Chinese govern- drug prices since 1995. The scheme, providing air con- ings or large-scale state procurement. Any
their prices was laudable, the way it was ment announced a centralized government number of drugs under price control has nections to smaller towns and cities, man- measure that suppresses price signals, or fid-
done was misdirected. Today it was cardiac procurement scheme covering 10 varieties gone up from 74 in 1995 to 860 in 2019, as dated a price ceiling of ₹2,500 per seat per dles with the “thermometer” that shows the
stents, he added, tomorrow it could be of stents. The bidding was won by eight per a research report by Amir Ullah hour. Airlines are expected to make up losses market’s “temperature”, is bound to lead to
orthopaedic implants and oncology drugs. companies, including two American, the Khan.The latest victims of price control are by bidding for viability gap funding. unpleasant side effects like black markets.
He predicted that those who could afford very same Medtronic and Boston Scientific, ride-hailing apps. The ministry of transport The farmers’ agitation is motivated by a Most often, it’s better to let the price mecha-
better quality stents would go to Singapore, and six other Chinese companies. The pur- and highways has mandated that “surge” desire to get a minimum support price (MSP) nism work, and use direct transfers to pro-
Bangkok or even Colombo for implants. chase order was 1.07 million units per year. pricing used by the likes of Ola and Uber to for their crop. This too is price fixing, from vide the vulnerable with safety nets.
TUESDAY, 1 DECEMBER 2020
MUMBAI 11
V EWS
MY VIEW | IT MATTERS M I N T C U R AT O R
Sophisticated new bidding systems enable the real-time purchase of slots on the internet for advertisers to maximize impact
ISTOCKPHOTO
CARL POPE
is a former chairman of the Sierra Club and
the coauthor, with Michael R. Bloomberg, of
Climate of Hope.
SIDDHARTH PAI
is founder of Siana Capital, a venture fund
management company focused on deep
science and tech in India
I
n naming former secretary of state John
Kerry to become America’s global cli-
mate czar, President-elect Joe Biden is
T
he first revolution in digital advertising wasting no time making emissions reduc- Politicians must ensure that American
occurred when Google began to place tion a top White House priority. Political families welcome the shift BLOOMBERG
advertisements along with its standard observers are already gaming how much
web search results. Search Engine Biden will be able to accomplish on climate electrifying cars, trucks and buildings.
Optimization was all the rage a few protection. Will Mitch McConnell lead a Climate-industrial innovators represent
years ago, which meant that companies Republican Senate to tie up legislation? If most of the US economy and half of the
were willing to spend money to ensure that a Goo- the two Georgia Democratic candidates country’s emissions. As Biden reverses the
gle search for certain keywords would throw up prevail in their runoff elections, can a White House course on climate, American
their website within the first few hits. Simply put, Chuck Schumer-led Senate bridge divi- society will outpace whatever he and Con-
these companies wanted to be on the first page of sions among Republican oil minions, pro- gress can do. Even so, the US no longer
what Google served its users. The company was gressive climate hawks and moderate “all leads the world on climate policy. Europe
smart enough to add video to the mix, and now of the above” straddlers? took post position with its green stimulus.
YouTube, with all its advertisements, operates as Either way, the conventional wisdom And the covid-19 pandemic has extin-
the second-largest search engine on the internet. runs, President Biden will have a hard time guished any long-term future for fossil
This revolution was so significant that it caught delivering on his pledge to decarbonize the fuels. Within five weeks of Europe’s action,
the attention of Europe’s vigilant regulators. The power and road-transportation sectors. China, Japan and Korea all committed to
European Union filed a suit against Google—spe- My bet is that Beltway political gridlock zero carbon economies before 2060.
cifically its “Search Engine Results Pages” and its won’t be such a big problem—just as As the global transition to clean energy
advertising businesses. In 2017, the European Donald Trump’s presidency wasn’t as big accelerates, the supply chains and invest-
Commission levied a record €2.42 billion fine on an obstacle to progress as it once appeared. ment dollars on which the US economy
Google for having “abused its market dominance Just after this month’s election, a friend depends will shift further from fossil fuels.
as a search engine by giving an illegal advantage to sent me a blog post I wrote four years ago in Take transportation. As the world’s big
another Google product, its comparison-shopping the wake of the Trump triumph, noting vehicle manufacturers stop investing in
service.” Google’s case in its defence has always how accurate my predictions on climate internal combustion engines, even coun-
been that it has reached this level of market domi- had proved to be. But even back then there tries that haven’t made ambitious climate
nance simply by building a better product than was reason to assume that Trump’s desper- pledges (Saudi Arabia, Russia) will none-
others, and not by acting unfairly. viewing patterns. This was achieved by placing a spending, typically by getting the right advertise- ate efforts to preserve the coal industry theless buy electric vehicles, because they
The second revolution came along with Face- small device on the TV sets of people in an audi- ments to pop up for the right shoppers at the right would be undone by the economic reality will be better and cheaper. American man-
book, which with its own social media approach ence sample, and collecting data from it to under- time. Its stock has jumped almost 220% this year. of the fuel’s collapsing profitability. And it ufacturers, required by California’s zero-
created the largest advertising platform that the stand which TV shows people watched, and how Early in November, the company announced a was possible to hope that congressional emission coalition to produce a low-carbon
world had yet seen. Its purchase of WhatsApp, often. Television Rating Points (TRPs) are an out- huge positive surprise in its revenue and earnings battles between climate deniers and pro- fleet for half the country, will put pressure
Instagram and other such players meant that it put of this process. for the preceding quarter. gressive advocates of emissions reduction on Congress to support a national transi-
knew a lot about each one of us on its platforms, But TRPs will play less of a role in the future, as On the earnings call at the time, CEO Green said: would be overshadowed by the clean-en- tion to electric cars and trucks. And as
from who our associates were to what our areas of TV viewing moves online. And TV advertising will “While our growth is very encouraging, we are still ergy momentum of American cities, states research and development dollars flood
political, commercial, filial and artistic interests become less of a hit-or-miss affair. Programmatic operating at a time of great uncertainty for many and businesses—along with international into electric vehicles (EVs), and dry up for
might be. And users, in droves, gave Facebook advertising placement—targeted ads that are auto- industries... Advertising is an engine of economic government mandates to lower emissions. internal combustion engines, EV perform-
more information on their own likes and dislikes matically placed online to appear on various net- growth and our customers know that their cam- Even then, wind and solar power were ance advantages will improve even as pri-
by putting up pictures of food, “checking in” upon connected devices, including TV sets—is the third paigns can fuel growth and drive market share undercutting coal and gas generation. ces continue to fall.
arriving at restaurants, theatres or other places of wave. This entails automating the buying and sell- gains for their brands. And because of that, during Today electric batteries have become This is not to say that Biden’s ambition
interest, and generally trying to best their online ing of advertisement slot inventory in real time times of uncertainty, they become much more cheap enough to leave gasoline and diesel- doesn’t matter. It does—not so much for
“friends”. This gave the behemoth an untram- through an automated bidding system. It enables deliberate.” powered vehicles in the dust. And an how many American drivers get behind the
melled view of our personal lives, advertising grew advertisers or ad agencies to purchase advertise- As companies seek to rebuild their businesses emerging competition between hydrogen wheel of a zero-emission car, but for where
significantly more finely targeted, and “echo ment impressions on publisher sites or apps after the pandemic, the typical measurement tech- and electricity is preparing to decarbonize that car gets made. Biden and Congress
chambers” came up that played information back within milliseconds through a sophisticated tech- niques that have been used by marketers are going heavy industry. may not determine the pace of the clean-
to us that we were likely to approve of. nological ecosystem. So far, this has been used to come under microscopic scrutiny by chief finan- Just this week, it was announced that the transportation revolution, but they can
There is now a third revolution at hand. The mainly on mobile phones. cial officers. And that means that advertisers have aptly named Samson Solar Energy Cen- help determine its leadership.
world of broadcast television is going away, as our In the US, there are a few companies which are to focus on advertising opportunities that are ter—at 1,300 megawatts, the biggest in the One more thing that policymakers do
viewing screens become more and more internet- leading the way on programmatic advertising via measurable to the extent that returns generated US—would be built in Texas, of all states. control and must confront is how Ameri-
connected for regular programming as well as for connected TVs. The largest of these is The Trade for their business can be tracked and proven. This is the result not of a government man- can families and communities fare in the
premium video feeds from channels such as Net- Desk. The $41 billion California-based company, Green says his company is working to overhaul date, but of power purchase agreements transition. How do we ensure that the
flix, Amazon Video, Apple TV, YouTube TV and founded by chief executive officer (CEO) Jeff its systems with an improved user interface, and among four Fortune 500 corporations and surge of new jobs in clean energy recreates
others. This is already apparent, at least in coun- Green, is a demand-side advertising platform that expects to bring ad buying and planning tools three moderate-size Texas municipalities, a middle class economy, with well paying,
tries like the US (and soon in India as well, one can lets advertising agencies and other buyers place together in one space. It will also feature easier all wanting the 20 years of guaranteed career-building, family-supporting jobs?
safely predict, with the current boom in internet digital advertisements using algorithms and highly integration and management of data, with updates cheap power that Samson promises. Here Trump’s voters and Biden’s voters
connectivity across the nation). enriched data. This segment is growing far faster to its machine-learning and artificial intelligence And this happened during Trump’s have a lot in common. And advocates of cli-
Broadcast TV advertising was always a bit of a than the overall advertising market, but for now it engines for advertising campaigns. Others in the presidency. It’s hard to imagine a Republi- mate mitigation share their concerns,
hit-or-miss affair, and advertisers relied on data is still just a fraction of the latter’s size. field, no doubt, would be rushing to improve too. can Senate deprived of the White House because if the clean energy revolution
companies such as AC Nielsen and others that The Trade Desk operates a cloud-based technol- Bye bye, television TRPs. Hello, internet pro- turning back the clean-energy tide that’s doesn’t benefit average families, it won’t
would track samples of viewers to understand ogy platform that lets advertisers optimize their ad grammatic advertising. transforming the US power sector, and live up to its promise. © BLOOMBERG
GUEST VIEW
T
he DHFL saga appears to have drawn It may be recalled that the submission of also stated, “It is possible to balance [the] objective of unlocking maximum value for only two books/businesses, but its
the attention of India’s entire business revised bids has in the past helped unlock interests of all stakehold- while balancing interests of revised bid is for DHFL’s entire portfolio.
world—both figuratively and literally. better value. For instance, in the case of ers if the resolution maxi- all stakeholders”. Also, notably, the Ultratech bid was
Out of four bidders for its assets, two are for- Essar Steel, ArcelorMittal had bid ₹29,000 mises the value of assets of Revised bids in The obvious next step upheld not just because it was higher, but
eign entities, namely the US-based Oaktree crore in the first round of bidding in Febru- the ‘Corporate Debtor’”, was to call all bidders to also because it was found to balance the
Capital Management and Hong Kong-based ary 2018, but later, in December 2019, a con- and finally that Section the past have submit fresh bids for interests of stakeholders better than a bid
SC Lowy, and two are Indian—the Adani and sortium of ArcelorMittal and Japan’s Nippon 25(2)(h) of the Insolvency DHFL, given that SC Lowy from Dalmia Bharat, which was deemed
Piramal groups. Steel and Sumitomo Metal Corp Ltd raised and Bankruptcy Code has
helped unlock threatened to walk out. At unfair to some lenders within the same class.
W
and free flow is something that a con-
ITH the farmers’ agitation having reached its doorstep, the Cen- AVIJIT PATHAK
servative culture cannot tolerate.
tre is yet to extend a formal invitation for talks with the protesters SOCIOLOGIST And it is in this context that we can
over the contentious farm laws. The Union government can’t understand the politics of a vocabu-
F
escape blame for letting the situation come to such a pass. Some leaders of ROM Madhya Pradesh to lary like ‘love jihad’. A cross-reli-
the ruling party have been quick to vilify the protesting farmers, calling them Uttar Pradesh—a series of gious marriage is suspected because
Khalistan supporters, Congress puppets and anti-national elements. The legal provisions to stop and it reveals a possibility that we are
unleashing of paramilitary forces on the peaceful marchers — pitting the punish what is being project- more than our ascriptive religious
jawan against the kisan — amounted to blatant use of brute force. The Cen- ed as ‘love jihad’ indicates the level of identities; and this is what totalitari-
tre has been reiterating that the laws are in the interests of farmers, but the decadence we, as a society, have anism cannot bear. Hence, the very
latter remain unconvinced, fearing the abolition of the time-tested mandi passed through. In a way, when patri- idea is condemned and scandalised.
system and the MSP regime. The yawning chasm between the two sides was archy and religious bigotry begin to NOT WAR: Love is the defiance of fascism. It is sad that we are not yet ready for it. It is seen as a conspiracy—a strategic
visible on Sunday. Even as the farmers rejected an appeal by Home Minister shape our consciousness, we fear what attempt by a Muslim to marry a Hin-
love is all about: its unrestricted flow, du, and eventually convert her into
Amit Shah to shift to the designated protest ground at Burari, PM Modi, in
its healing power to overcome all bor-
Despite the glitz of modernity or neoliberal consumerism, Islam. It cannot imagine that a
his Mann ki Baat, claimed that the newly enacted legislations had already
started benefiting peasants financially and bestowing new rights on them.
ders and boundaries, or its music of religious orthodoxy and patriarchal thinking continue to woman can be a free subject with her
the fusion of horizons. As we suspect autonomy and choice. Hence, a cross-
Agriculture was the only sector that managed to register growth in the magical power of love, we allow characterise our collective consciousness. religious marriage, for the fanatic, is
the April-June quarter, which bore the brunt of a stringent lockdown. the state to intervene in the realm of nothing but a sort of ‘jihad’. See how
During the July-September quarter, too, the sector grew by 3.4 per cent, our sacred and intimate space—one’s everything is turned into its opposite
even as the recession-hit economy shrunk by 7.5 per cent. Such love relations, or one’s choice of reli- of their agency; it is assumed that they that have happened. First, the ghettoi- in the age of totalitarianism. All those
resilience during a pandemic should have dissuaded the government gion. Possibly, a society that fears the are like ‘dolls’; and ‘successful’ sation of the mind has become sharp- who raise critical voices against some
from tinkering with a system which, though imperfect, was largely run- ecstasy of love is potentially authori- men—MBA graduates, doctors, engi- er. We are growing up with all sorts of policies of the government are bound
ning like clockwork. Instead, it insisted on introducing sweeping tarian. It becomes culturally regres- neers, NRIs and IAS officers with conditioning: a ‘nationalist’ Hindu vs to be ‘anti-national’; young idealist
reforms without developing consensus among the stakeholders. sive. Is it the emerging politico-cultur- appropriate caste and religion—would a ‘suspicious’ Muslim; a ‘pure’ Brah- students who question the politics
The farm leaders have been scuttling attempts by Opposition parties al landscape that characterises Indian rescue and preserve them. min vs a ‘polluted’ Dalit; or men as beneath the NRC/CAA are nothing
to derive political mileage from their agitation. Now, they should seize the society? There seems to be no escape Is it, therefore, surprising that we ‘protectors’ vs women as silent ‘fol- but ‘urban Naxals’. In other words,
from this question. live amid dowry death, ‘honour lowers’. The prevalent cultural politics, our true patriotism has to be always
opportunity to negotiate with the Centre. We have had enough of verbal
Before we reflect on ‘love jihad’, let killing’ and caste/patriarchal vio- media industry and even educational demonstrated through certain prac-
assurances about the MSP. It ought to be incorporated in the law as a
us acknowledge what happens in the lence? However, seldom does one see practice stimulate this conditioned tices—say, dancing with the cacopho-
farmer’s inalienable right. It’s a given that both sides would have to make name of arranged marriages. It would the political class or the ruling regime mind. It is closed; it erects all sorts of ny of ‘Jai Shri Ram’, seeing all Mus-
some concessions so that a middle ground is found. The deadlock must not be an exaggeration to say that a critiquing this sort of regressive and walls of separation; and it fears the pos- lims in the Kashmir valley as
be resolved amicably at the earliest. A prolonged crisis would not only complex calculation and measure- obnoxious practice. What a journey we sibility of the breakdown of barriers. potential terrorists, and spreading
impair the agriculture sector but also impede India’s economic recovery. ment of a set of ‘qualities’— have undertaken! In his Discovery of Second, with the ghettoisation of the Islamophobia all around. The politics
family/caste background, economic India, Nehru felt the need for over- mind, surveillance is normalised and of ‘love jihad’ that we are seeing in
status of the bridegroom, or the physi- coming the ‘dead weight of the past’. even sanctified. What we eat and drink, recent times is an inevitable byprod-
cal beauty of the bride—is a distinctive And with the passage of time, Gandhi or people we mix with: everything has uct of a patriarchal ideology of reli-
T
HE adverse effects of the Covid-19 restrictions on health are appar- diverse forms of dowry (often regard- culturally regressive. The irony is that living, is inherently patriarchal and not what the clergy and the priest-
ent from the report of the PGIMS, Rohtak, which says that the pro- ed as ‘gift’) reveal that while we despite the outer glitz of modernity or repressive. It creates an identity based craft regard as religion. Love—yes,
longed lockdown resulted in poor blood sugar control among understand the strategy of instrumen- neoliberal consumerism, religious on a fixed essence of nation or religion; love as a creative life energy, or love as
patients suffering from Type-1 form of diabetes, a chronic condition tal reasoning, we are uncomfortable orthodoxy and casteist/patriarchal it abhors the unpredictability of free an eternal fountain—is our true reli-
which usually appears during adolescence. Diet and exercise, essential with the ecstasy of unconditional love. thinking continue to characterise our existence; it wants a standardised/con- giosity. Love is revolutionary. Love is
for glycemic control, were affected because of confinement at home and Moreover, these normal or socially collective consciousness. trolled mind. It is anti-women; it the defiance of fascism. It is sad that
reduced physical activity. The outbreak also made it difficult to seek med- sanctified marriages often rob women In this process, there are two things assumes that men must have absolute we are not yet ready for it.
ical attention for patients suffering from other diseases because medi-
cines were in short supply due to the thrust on containing the virus.
S
er illnesses not receiving proper follow-up, OPDs in hospitals remaining HINGARA Singh was a burly, which I proudly laid out on my new proverbial ‘badi bahu’, looking disap- ing forth, our warrior carried on relent-
closed, surgeries being postponed, dispensaries and clinical laboratories well-fed, well-meaning consta- linen, much to the consternation of my provingly at the entire day’s menu lessly and put in his next demand
that provided cost-effective intermediary consultations shutting down and ble attached with my husband husband’s first wife (read SS), who and seeming quite troubled at the dis- while he could. ‘And we must get a
the healthcare staff, tasked to tackle coronavirus cases, facing problems at when he was posted as SP Jalandhar had been giving him an apple and possession of his territorial suprema- Murrah buffalo, janaab, which gives at
many places because of staff shortage and non-payment of salaries. in 1966. He ruled the roost like a pri- black coffee for the first meal of the cy. But undaunted by the challenge, least 10 litres of milk every day, now
The lockdown has also seen fallouts not linked to the pandemic. Liv- mo uomo in all domestic matters, day. With censure writ large on his face he kept pushing his luck till one day I that bibiji is here!’ I baulked. Howev-
ing constantly in closed spaces has tended to affect inter-personal relations. right from buying groceries to plan- he boomed, ‘Nah-nah bibiji, Saab lost it and screamed, ‘Shing…ga…ra er, giving short shrift to his sugges-
For students, being confined to home and without much activity and scope ning menus and keeping an eagle-eye bahaddar eh kuj nai khande (sir does Singh! Can I discover for myself what tions, my husband quietly stated,
on the other domestic staff. Since his not eat all this)!’ Now it was my turn to my husband likes and what he does- ‘Shingara Singh, I can either afford
for recreation, being glued to TV, mobile phones and computer screens
‘ Saab bahaddar’ was more than get shocked. Bibiji (mother), when I n’t?’ He cringed but was unfazed and bibiji or your mujj (buffalo)!’
because of the break from schools and colleges, meant severe stress,
busy all day with official matters, was just a nubile young creature of 20! planned out another strategy now. Sufficiently chastised, SS was
besides other health problems. As the battle against the virus continues, good old Shingara Singh made sure However, I was soon to learn that bibi- That evening, when Saab came back quick to take the cue and fearing for
tackling the pandemic should not be allowed to result in more health night- he was spared the bother of house- ji was the accepted form of salutation from work, SS approached him gin- his own honesty now, he dove into
mares. Covid-19 deserves attention, but the neglect of other medical con- hold management and would dish for police officers’ wives those days. gerly and declared he needed more the kitchen and fished out a huge
ditions for a long period can result in a healthcare breakdown. The econom- out a fairly edible repast which was So from the day I entered my mari- staff since the household work had roll of well-preserved grocery bills as
ic slowdown resulted in distress and a similar situation from the health consumed without any undue fuss. tal home as a bride eagerly looking increased now that bibiji had come. proof that he had not been accepting
point of view is best avoided by ensuring physical well-being. And then the spouse happened! Day forward to setting up home and deftly Besides, janaab’s junior officers had anything gratis. ‘Janaab,’ he stated
one in my conjugal home began with displaying my culinary skills, SS’ more staff and his reputation was triumphantly, ‘main saray bill
laying a scrumptious breakfast of tranquil Shangri-la was grossly threat- being seriously jeopardised amongst saambh ke rakhay ne! ’
❝ ❞
thought for the day letters to the editor
Every heart sings a song, incomplete, until another heart PM’s assurance not enough year’s numbers by nearly 20%. This farmers these days, the slogan of unfettered, especially if it con-
whispers back. Those who wish to sing always find a song. — Plato Apropos of ‘New agri laws have should allay the fears of immediate the BJP government that their cerns inter-faith matters. The
given farmers new opportunities: MSP rollback to some extent. A income would double by 2022 is writer’s disdain for the UP CM is
PM’, Modi in Mann ki Baat was phased, orderly transition through proving to be the biggest lie of the so obvious that he ends his article
expected to remove all the confu- farm reforms and income support, year. Only 15 months are left for the with a strong note. This does not
on this day...100 years ago sion but the outcome was unsatis- offers a win-win situation for the due date to arrive. The only way to behove a ‘veteran journalist’.
factory. Beating around the bush farmers and traders. The govern- double the income is if the govern- WG CDR CL SEHGAL (RETD), JALANDHAR
when the annadata’s life is at ment must handhold farmers ment doubles the MSP of rice,
stake is uncalled for. The indiffer- through this big shift, which can wheat, maize and sugarcane. This Humorous sithnis
ence towards the farmers’ con- prove as momentous and fruitful as much rise is next to impossible. The humorous write-up ‘Wedding
cerns prove that we have failed as the Green Revolution. RN MALIK, GURUGRAM limericks that broke the ice’
lahore,wednesday, december 1, 1920
a so-called democratic country. LAL SINGH, AMRITSAR prompts me to quote sithni from
The question of keeping the MSP UP law not anti-Muslim Baba Nanak’s wedding with Mata
Official Non-Co-operation. intact remains unresolved. Deci- Agitating farmers Refer to ‘Of an unsuitable girl Sulakhni on the occasion of Gur-
WE have in our leading article dealt at some length with Col. Wedgwood’s phering the issue might save us The recent march of farmers to and other inanities taking firm purb celebrations. Two such, in part
observations on the non-co-operation movement, and have seen that he is from chaos in the prevalent bed- Delhi highlights their grievances hold’; the UP law is to prevent are ‘Assan ta suniya ehde naag bhi
strongly opposed to certain aspects of it, and especially to the methods on lam of the pandemic. against the farm laws. There is so forcible inter-faith marriages and yaar ne, karde ne shawan enhu
which it is being conducted in some quarters. But Col. Wedgwood would not AGAM GARG, BY MAIL much going on during the pan- conversion from one faith to the phan khilar ve, yadoogaran ton
be the fair-minded and practical politician that he is if his condemnation demic that this crisis will surely other. Referring to it as ‘love ghat nahi, yadoogaran ton ghat
were one-sided, if he did not recognise, as he himself says, that “it would be Reach out to farmers add to the country’s problems. jihad law’ is mischievous. The nahi be larhya, saanu na yaado kar
unfair as well as futile to expect Indian patriots to stop building up this Refer to ‘Adamant farmers break While the Centre says that the premise that it is meant to target dayee’ (we learnt that serpents are
mountain of hatred and bitterness unless the British Government stopped barricades in Hry’; it is important to Opposition is misleading the Muslims is misplaced. Nikita, a his friends who give him shade
building from their side too.” In the very opening passage of the interview, remove misconceptions regarding farmers, the Opposition blames Hindu woman, was killed by a after spreading fangs and he is not
he points out that the non-co-operation movement was first started not by MSP, which is the primary task the Centre. There should be a Muslim man who wanted to less than magicians. Being not less
Indians but by the O’Dwyer school and bureaucratic extremists, and that before various governments and the conclusion on which farmers forcibly marry her and convert than magicians, oh, the groom, do
the best way of stopping non-co-operation on our side is for the Government Centre. Outreach at the highest lev- must agree to avoid the worsen- her to Islam. The law is to prevent not cast your spell upon us); and
to definitely discard the principles and methods, for which Sir Michael el could be a game changer, but ing of the situation. There should such sad incidents. Do not label it ‘ Chaj da janjhi tenu labha na
O’Dwyer and the bureaucratic extremists stand, not only in theory but in before that, it is also needed that be education regarding the laws as anti-Muslim. It will equally larya, laike Mardana ayan
practice. Col. Wedgwood says: “I have seen nothing worse”, he says, “than tempers are cooled following clashes that are being misinterpreted and apply if a Hindu forces a Muslim bhukhan da marya, ajj raza ehnu
the way in which the Punjab Government has quite recently destroyed the between the police and farmers. The concerns related to the MSP must to marry him and convert to Hin- layen’ (Oh groom, you did not get a
Government of India Act so far as that province is concerned. They have so Centre’s reforms package may be a be addressed. duism. The writer quotes a HC suitable companion and got
gerrymandered the franchise and the constituencies that they themselves sincere attempt to improve private PALAK BATHLA, KAITHAL ruling that says that two grown- hunger-afflicted Mardana; get him
boast that the nationalist can only elect 7 out of the 70 supposedly elected participation in the farm trade, but up individuals, irrespective of fed fully today). Alas! With the
members. Want of trust, want of co-operation is visible in every line of this this has to be well explained to the BJP’s big lie caste, creed or religion are free to changed wedding scenario, the old
arrangement. The non-release of 86 martial law prisoners shows that though farmers. Ironically, paddy procure- Refer to ‘Farmers’ march’; and choose a partner as they wish. hearty humour has vanished.
His Majesty the King Emperor is willing to co-operate and start a fresh page ment in Punjab has topped last considering the plight of the The courts can err. No freedom is GURMIT SINGH SAINI, MOHALI
of history, the Punjab Government knows better than His Majesty and
wants to change neither its manner nor its methods.” Letters to the Editor, typed in double space, should not exceed the 200-word limit. These should be cogently written and can be sent by e-mail to: Letters@tribunemail.com
THE TRIBUNE
JALANDHAR | TUESDAY | 1 DECEMBER 2020 OPED 07
obituary
VN Datta (1926–2020)
■ Marghshirsh Parvishte
10
17
Sunny Partly Cloudy Cloudy
CITY MAX
Rainy
MIN
Foggy
income (4,4,4)
13 Obtain by threats (6) ■ Hijari 1442 Chandigarh 25 09
14 Rowdy confusion (6)
17 Deeply ingrained
8 2 3 1 ■ Krishna Paksha Tithi 1, up to 3.00 pm New Delhi 27 07
■ Siddha Yoga up to 11.08 am Amritsar 24 07
habit (6,6)
20 Brilliant display (7)
21 Habitual residence (5)
3 9 5 ■ Rohini Nakshatra up to 8:31 am
4 THINK BusinessLine
TUESDAY • DECEMBER 1 • 2020
0
xyz
F
oreign investors seem to be taking a their bets, by agreeing to India de
veloping the nearby Port of Sittwe,
rather more sanguine view of India’s eco
G PARTHASARATHY
as a maritime link to the Kolkata
nomic prospects than domestic institu port for India’s landlocked North
tions and the commentariat. At least East States.
C
that’s the inference one draws from unabated in hina has emerged India’s The same strategy has been fol
fl ows from foreign portfolio investors and direct largest and fastest grow lowed by China in its “aid” to
ing trading partner dur Pakistan, for developing the stra
investors in the postCovid period. Government ing the past decade. In tegic Port of Gwadar, located to the
data show that Foreign Direct Investment (FDI) in dia’s exports to China in the last east of Karachi. Gwadar is being de
JulySeptember 2020, at $28 billion, was double fi nancial year, 201920, were barely veloped as a huge naval base that
the same period last year. If one considers the last $16.6 billion, while its imports were can accommodate Chinese war
$65.26 billion. India, thus, faced a ships and submarines. China’s stra
six months to smooth out fl ows and looks at only 300 per cent trade defi cit with tegic aim is to increasingly control
incremental equity investments, FDI into India at China during the last fi nancial year. the sealanes between the Straits of
$30 billion has still seen a 15 per cent increase. Net Moreover, in strategic terms, the de Hormuz in the West, and the Straits
investments by Foreign Portfolio Investors (FPIs) pendence on imports from China of Malacca, on India’s East Coast.
has been rising in key industries The Gwadar Port east of Karachi is being developed into a Naval base REUTERS
in Indian equities, after faltering a bit in Septem
like pharmaceuticals, telecom and The CPEC factor
ber, have turned into a gusher with infl ows of power. It would be very unwise to The entire $60billion China electronic equipment, with an ever business and industrial develop Moreover, given the close collab
₹ 1.56lakh crore this fi scal, including record in become excessively dependent on a Pakistan Economic Corridor (CPEC), increasing dependence on imports ment. oration between Pakistan and
November . While strong in China, which is becoming increas is designed to provide China facilit from China. The US State Depart China, we should be prepared for
Scan & Share fl ows are defi nitely desirable at ingly aggressive on its territorial ies for access to the Arabian Sea, and ment notes that China and Taiwan The 5G threat closer cooperation between them
claims. across the shores of Persian Gulf. control 70 per cent of global integ The US State Department report on Jammu and Kashmir. Given its
a time when India’s capex cycle China is, moreover, sparing no ef The CPEC also provides China access ratedcircuit fabrication, which is pointedly notes: “Since Huawei and own experience and continuing
needs a fresh start, their sus fort to undermine India’s relations to, and presence in, GilgitBaltistan. vital to the digital economy, apart ZTE are subject to China’s various Russian distrust of China, Putin’s
tainability cannot be taken for with neighbours across the Indian This strategy of “build and from advanced weapons systems, national security laws that compel Russia is hardly going to place any
granted. Ocean. A new report published by takeover” of ports and mines has aerospace, artifi cial intelligence them to ‘support, assist and cooper trust in Xi Jinping’s China.
the US State Department, titled The been adopted by China also across and other essential industries. ate with the state intelligence The US State Department report
At a macro level, three factors Elements of the China Challenge, the East Coast of Africa. China’s stra India has an offi cial presence in work’, countries that use them as clearly spells out concerns which
could be behind the optimism despite the eco spells out the road ahead that tegic aim is to invest in infrastruc Taiwan, normally headed by a 5G vendors face growing threats to the US and many of its partners
nomy entering a technical recession. One, after China has planned for extending its ture, make East African countries senior/retired diplomat. But South their network integrity, data pri have about China’s policies. Given
the 23.9 per cent contraction in Q1, highfrequency dominance of the global order fi nancially dependent, and then Block gets shivers when deciding vacy, economic stability, and na the statements by Presidentelect
China’s takeover of the Hamban utilise the East and Central African measures for promoting exchanges tional security. This is a fact that our Joe Biden himself and members of
indicators have shown a fasterthanexpected nor
tota Port was swiftly ex region’s vast mineral re of offi cial, industrial and business security agencies have been acutely his team like Anthony Blinken, who
malisation since September, prompting GDP up ecuted when Sri Lanka sources. delegations with Taiwan. India has conscious of and must increasingly has been nominated Secretary of
Scan & Share
grades. Two, listed companies and late stage start found that hardly any The same US State De failed to take advantage of the eco become an important element in State, the new US administration
ups — two key recipients of FPI and FDI fl ows — shipping vessels were call partment report men nomic opportunities Taiwan can economic policies. will be hardheaded in dealing with
have weathered Covid relatively well. Listed com ing on the port. Unable to tioned above spells out provide, primarily because of illad These are factors that cannot be China.
repay its debts to China details of the policy vised policies of being too con ignored any longer by India. We It will, however, make common
panies managed a 31 per cent rebound in their net for the construction of China is adopting to cerned about implications of its ac have only ourselves to blame if cause with China on climate
profi ts in Q2 helped by cost savings, interest rate the port, Sri Lanka had to dominate global devel tions on the relations with China. China believes that it can regard change. There will be signifi cant
cuts and a shift to the formal sector. Tech startups hand it over to China. The opments by using its sur Prime Minister Narendra Modi and treat India as a “soft state”, in changes from the Trump adminis
have been key benefi ciaries of the digitalisation port was built as an integral part of plus economic capabilities and has expressed his commitment to capable of challenging China’s ter tration policies on a series of issues,
China’s “economic aid” to Sri Lanka. technological advances. The building a “selfreliant” India. The ritorial ambitions. In the present ranging from dealing with
and consumer migration to online transactions. China tried out the same strategy in primary focus of China has been in more realistic way to achieve selfre context and given China’s domin European allies, Russia, Iran and on
Three, recent reforms on FDI, production linked Maldives. It was foiled by economic communications and infrastruc liance is to collaborate with com ant say in Pakistani policies, we climate change. Relations with In
incentives and the steep corporate tax cuts have and diplomatic eff orts by India and ture, where it does not use local panies from with Taipei in Taiwan, should not be surprised if Pakistan dia will be accorded importance,
also aided fl ows. These, however, do not fully ex the US, after the preceding China manpower available, but brings in and not just Shanghai in China. stirs up tensions along the Line of because of the Quad partnership,
backed government, was voted out its own manpower to retain control Business and economic decisions Control in Jammu and Kashmir and though there could be some rum
plain the story; there’s also the liquidity tailwinds
of power in Maldives. of economies of resourcerich should be based purely on objective even in locations along the interna blings on developments in Jammu
powering record fl ows. The resumption of money Beijing has been trying hard to countries. considerations, with a focus on at tional border, which are easy to in and Kashmir from sections of the
printing by central banks keen to shield their eco take control of the strategic Kyauk India assembles virtually all its taining increasing selfreliance in fi ltrate. Democratic Party.
nomies from Covid has played no small role in the
gush of global liquidity that has infl ated public
I
The liquidity gusher has created an unusual f marching from one contro such as shoring up of healthcare ruption movement and a national seeds and saplings, water conserva
problem of plenty for the Reserve Bank of India versy to another is the recipe systems, unprecedented economic executive member of the Aam tion and augmentation, all of
(RBI), which has been mopping up dollars in its to win elections and stay in distress from loss of jobs, and the Aadmi Party, which he quit on which Gandhi and his NGO, Global
power, then the BJPled NDA is GDP registering a massive contrac moral grounds after it came to Parli, organised for the distressed
bid to prevent sharp Rupee appreciation. But with doing a good job of it. tion, came the controversial farm power. His views are: “Any Indian farmers of that village. They can do
the market interventions contributing to excess First it was the ruckus over the laws. village is like a multiple organ without the fear of big corporates
ive liquidity with banks, forcing down market in Citizenship Amendment Act and Just look at the result: a massive thing… if you work on the liver, the getting into farm produce, tramp
terest rates and fuelling infl ation risks, RBI must threatening and taunting of Indian farmers’ agitation that has reached heart fails, if you work on the heart, ling all over the small farmers with
Muslims, not only illegal immig Delhi’s borders. This despite the the lung will fail. The life of the their power and might, and argu
perhaps consider letting the Rupee fi nd its own rants, with “kagaz to dikhana Haryana government using water farmer in such villages is unpredict ably taking over or controlling
level. Plentiful fl ows also off er a rare opportunity padenga” (you’ll have to show your cannons on the men who put food able. Farmers face problems and their land and livelihood.
for Indian regulators to more closely scrutinise papers). An illthoughtout move on the plates of over 1.3 billion Indi challenges we town people can’t The ongoing confrontation of
the quality of money rushing in, by tightening the that put the entire country in tur ans. And the courageous farmer even imagine… from the weather, the huge collective of farmers, who
moil with protests and communal who switched off the water is too much or no rain, insects attack have rejected Home Minister Amit
screws on Participatory Notes and roundtripping
poisoning. The brave women of charged with attempt to murder! ing their crops, problems with the Shah’s conditional off er for talks,
through brassplate entities. Shaheen Bagh, who protested for Agricultural experts have ana Growing anger PTI soil, etc. If I was a farmer, I’d have does not augur well. Not only the
long nights braving Delhi’s harsh lysed these laws threadbare and are got 10 heart attacks till now.” government and the laws of the
winter, became the face of this concerned that allowing big com through Parliament, argue that He went to the drought stricken land, but the entire Indian popu
controversy. panies unfettered access to what this would protect the farmer from area of Parli in Marathwada, fam lace, owe it to our farmers to ensure
OTHER VOICES Then, we had the sudden lock
down of March 24, leaving tens of
our farmers grow can be disastrous
for the future of a good section of
potential loss if the crop fails. But
the reality on the ground is
ous for farmer suicides, and system
atically organised group farming
they don’t have to live with a sword
over their heads. The last thing dis
thousands of migrant workers our already distressed farming diff erent. through planting of robust, high tresshit farmers need is tricky le
stranded. Heartbreaking images of community. The worst aff ected will yielding fruit trees and other crops gislation that promises them relief
thousands making the long and ar be the small and marginal farmers, Multiplying farm income in such a way that farmer’s incomes and prosperity, but could be a
duous journey back home on foot, bound to be tempted by the money The uncertainty, trauma and pain have jumped from ₹ 10,000–15,000 masked recipe for disaster and ma
Cutting development spending without food and water, with many off ered in advance by corporates with which the Indian farmer lives from 13 acres to ₹ 24 lakh, and nipulation.
What’s another broken promise? Boris Johnson’s government States closing their borders and and big agri players, for their pro is best described by Mayank some times even ₹ 6 lakh, from a Indian farmers are astute
has doubtless lost count of all those left strewn in its wake. So denying them passage, will con duce. Those who support the three Gandhi, a social activist, in a recent bumper crop. enough to reject these laws and the
the news that Britain is abandoning its pledge to spend 0.7% of tinue to haunt us. farm laws, which were pushed webinar on community farming. Farmers need this kind of sup government must listen to them.
GDP on aid, enshrined in law by David Cameron and
reaffi rmed in the Conservative manifesto only a year ago, is
not as surprising as it should be. The dismantling of the
Department for International Development, now folded into
the Foreign Offi ce, demonstrated where things were heading LET TERS TO THE EDITOR Send your letters by email to bleditor@thehindu.co.in or by post to ‘Letters to the Editor’, The Hindu Business Line, Kasturi Buildings, 859-860, Anna Salai, Chennai 600002.
despite denials that funding would suff er. LONDON, NOVEMBER 29
Farmers’ fury farmerfriendly laws in consulta jor factors that helped the eco capital to create investment will ‘Plugging GST leakages’, there are a
The new farm laws are antifarmer, tion with the farmers to fulfi l the nomy. rise. plethora of areas where leakages
notwithstanding Prime Minister Prime Minister’s promise of doub While private consumption has The growth in credit disburse and seepages exist which requires
Heal US divide with smooth transition Narendra Modi’s spirited defence ling farm incomes. improved, the spending of the ments by the banking sector is vi a holistic approach with coordina
of them. It is a fallacy to say that G David Milton Union Government has fallen sig tal to reduce the level of nonper tion between various agencies.
John Adams, the fi rst American president to lose a reelection, Maruthancode (TN)
these laws in their present form nifi cantly. It is time the Centre forming loans and to drastically There has to be a concerted eff ort
made a quiet departure in 1801. He got on an early morning
stagecoach to avoid having to attend the inauguration of his will benefi t farmers. The benefi ts loosened its purse strings and an improve the returns to sustain the in achieving almost zerolevel of
successor Thomas Jeff erson. Mr Donald Trump, the 10th United listed by Modi in his speech don’t Sustain this momentum nounced further fi scal stimulus fi nancial health of the banks. The prevention of malpractices that
States president to be denied a second term, could do likewise really stand up to scrutiny. Farm That the Indian economy had measures to revive demand. ease in the fl ow of cash through in fl ourish.
and slip out of offi ce without conceding his loss. No legal storm ers seem to be determined to pro fared better in the second quarter M Jeyaram creased consumption and produc Fake invoices to claim ITC input
will ensue. On Dec 14, the Electoral College will formally cast tect their interests from being sub of the current fi nancial year with Sholavandan (TN) tion needs to become robust to en credit is a silent mischief maker.
votes affi rming Democratic candidate Joe Biden's win and clear ordinated to those of big the pace of contraction easing to able the consumers of bank credit Fake eway bills is yet another area
the way for his inauguration on Jan 20. SINGAPORE, NOVEMBER 30 commercial entities. 7.5 percent compared to an unpre With reference to the news re to service the borrowing. A rate of concern.
There is no guarantee that cor cedented decline of 23.9 percent in port ‘MPC likely to keep rates cut sans a cut in the deposit rates To redress the malady, the regis
porates won’t exploit the vulner the fi rst quarter is heartening steady’ (November 30), the monet even though makes a negative im tration process must be
able farmers. The government has news. However, one should not ary policy rates and the stance of pact on the bank's returns in strengthened and due diligence
a social responsibility to ensure rush to the conclusion that the the committee matter a lot to pro stantly, yet an aggressive reduc parameters spelt out which can go
Celebrations must be tempered with caution that the farmers get a fair price for worst is over and the economy is pel economic activities. With the tion in nonperforming loans and a long way to arrest such malprac
The long weekend is upon us. From Tuesday, citizens and their produce. now fi rmly on the path to sus rise in productive activities and a continuous rise in lowcost busi tices. Even personnel engaged in
residents of the UAE will enjoy a fi veday break as the country The entry of big private players tained recovery. Steady improve corrections in the supply chain of ness will strengthen the sound registration work like CAs and Tax
celebrates its 49th National Day. It provides an ideal opportunity into the agricultural market will ment in economic activities with goods and services, infl ation will ness of the banks. Auditors can lend a helping hand.
for family gatherings and get together of friends. A day out will eventually lead to the closure of the easing of restrictions, ramping decelerate. VSK Pillai The GST software also needs to
also fi gure prominently in the plans of many families. No doubt, the governmentregulated up of production to satiate the Given the ample liquidity in the Changanacherry (Kerala) play a pivotal role in attacking
it’s a time to rejoice, but people should temper the celebrations mandis. The government must see pentup and festival seasonled de banking system, a cut in the repo problems and in their prevention.
with caution. The coronavirus continues to rampage the world, reason and repeal the antifarmer mand and good performance of rate followed by instant transmis GST leakages Ashok Jayaram
and that is reason enough to desist from lowering the guard laws. If need be, it can frame new the agriculture sector are the ma sion of the rates, the demand for With reference to the Editorial, Bengaluru
even during such days of gaiety. DUBAI, NOVEMBER 30
CM .. ......... ...BM-BME
YK
MUMBAI
BusinessLine
TUESDAY • DECEMBER 1 • 2020 THINK 5
O
ne of the few as costs for families that can be which also add to the fi nan
pects of the Indian very high. cial burden on households.
development pro Table 1 provides an indica And in this respect, very few
ject that is sup tion of just how much is actu students received any
posed to have seen some re ally being spent by house assistance.
cent success is education. holds on education at
Enrolment has increased sig diff erent levels. Several points Sharp rise
nifi cantly in school and of interest emerge from this. Further, it turns out that even
higher education, and the First, preprimary education for government institutions, The rising education expenses will have a telling impact on social development
gender gap in enrolment has is clearly quite expensive. costs rise sharply with the
reduced up to secondary edu Thereafter, the sharp increase level of education on off er. almost as high as postgradu Force Survey conducted over their children. The survey
cation (after which it still re in costs comes up at the sec The diff erence in spending on ate. Essentially this means the same period 201718. (Bear shows that only a small pro
mains high). ondary level, when spending government institutions that not just the poor but in mind that women workers’ portion of households at
However, the Report of the nearly doubles in rural areas. compared to private ones even middle classes are eff ect incomes are considerably tempted it and less than half
NSSO’s 75th Round survey of Tertiary education is really (both aided and unaided) is ively squeezed out of educa lower.) of one per cent of casual work
“Household Social Consump quite expensive, with even very large until secondary tion beyond secondary ers rural households had any
tion of Education in India” rural areas indicating high education as expenses are low schooling. And of course Pinching the poor one studying for a graduate
conducted from July 2017 to levels of spending on this. for government schools until gender gaps grow after this The numbers are stark. In degree. For rural casual la
June 2018 provides some very Why are households having that point. But thereafter, the points as well, as families are urban areas, nearly 40 per bour households, average ex
disturbing results. Essentially, to shell out so much when a gap narrows, and by the more reluctant to pay so cent of a casual labourer’s penses per student increased
this expansion in education signifi cant amount of enrol graduate and postgraduate much for educating girls. wage (assuming 20 days of from ₹ 335 per month per stu
has involved increasingly bur ment is still in public institu levels there is not much diff er To gauge just how much work per month, which could dent for secondary school, to
dening households for the tions which should be much ence between them and these expenses amount to, be an overestimate) would be ₹ 576 for higher secondary, to
payment, creating a situation more accessible to all? private governmentaided in Table 2 present a simple calcu required for the education of more than ₹ 12,220 for diplo
in which education beyond The Right to Education Act, stitutions. lation of the average monthly two children. The proportions mas, certifi cate and graduate
the secondary level is essen 2009, specifi ed that school It is striking that for private spending on education for are lower for rural wage work courses.
tially unaff ordable for most education up to the age of 14 unaided institutions, ex two students, relative to the ers, mainly because they are It is worth noting that the education. Figure 3 indicates needs of students, despite the
working people, and even years would be free and com penses are very high for incomes of male workers re eff ectively excluded from actual fees form only a part of that the fees charged by an in relatively high costs.
school education involves pulsory, and the spirit of that higher secondary schooling, vealed by the Periodic Labour seeking higher education for the total expenses involved in stitution (including not just This suggests that the re
the tuition fees, but the exam cent expansion in enrolment
ination fees, “development” has come at a substantial cost
fees and other charges levied to families, especially among
by institutions) accounted for the less welloff , who may
only 43 per cent of total edu have had to sell their few as
cation expenses in rural areas sets or take on debt simply to
and 57 per cent in urban educate their children. These
areas. Books and other mater aspirations for betterment
ial account for a substantial through education are in
chunk of the money spent, es creasingly risky given the ter
pecially in rural areas, and rible state of the job market.
transport costs are signifi cant Unequal access and high
everywhere. Interestingly, personal costs involved in
private tuition costs remain educating more of the young
signifi cant, suggesting that may well boomerang on soci
the quality of the institution ety; both employment condi
ally provided learning is not tions and educational access
good enough to meet the felt need urgent policy action.
SHORT TAKE
BusinessLine
Can a minimum All you want to know about... TWENTY YEARS AGO TODAY
corporate levy Current account convertibility
refers to the freedom to convert
work by relaxing enduser restric
tions. Inward FDI is allowed in
the tide turns.
The report further points that
December 1, 2000
Why is it important?
able current account defi cits. An
excessive appreciation of the ex
change rate causes exporting in
Ltd. its 51 per cent subsidiary, announcing its desire to
acquire the remaining 49 per cent equity capital of the
company. On October 10, the company had made an open
on corporate tax reform. Unfor SATYA SONTANAM conduct investment transactions Developing are usually cautious in dustries to become unviable, and off er to acquire 1,04,72,671 fully paidup equity shares,
tunately, he is going about it without any constraints. Typically, opening up their capital account. imports to become much more representing 23 percent of the total paidup equity capital
the wrong way. SLATE it would mean no restrictions on This is because infl ows and out competitive, causing the current of the company, at a price of Rs 105 per share. The last day
Le Maire hopes Biden will un the amount of rupees you can con fl ows of the foreign and domestic account defi cit to worsen. Thus, it for revising the off er is December 1.
freeze global negotiations that vert into foreign currency to en capital, which are prone to volatil suggests transparent fi scal consol East is where the sun sets
have been stalled since June. The RBI Governor recently said able you, an Indian resident, to ac ity, can lead to excessive appreci idation is necessary to reduce the Which is India's fi scally roost mismanaged State? Ten out of
France, Britain, Spain and that India will continue to ap quire any foreign asset. Similarly, ation/depreciation of their cur chances of a currency crisis. 10 people would say Bihar'. Wrong! Uttar Pradesh, then? Or
Italy would like digital giants proach capital account convertib there should be no restraints on rency and impact the monetary Orissa? The right answer, which would surprise even those
such as Amazon.com and ility as a process rather than an your NRI cousin bringing in any and fi nancial stability. Why should I care? reasonably wellacquainted with the intricacies of the
Google’s parent Alphabet to event. He also pointed out that amount of dollars or dirhams to India’s prudence in opening up If you are an investor looking to Indian economy, is West Bengal. A State that since the '80s
pay tax partly on the basis of capital account transactions in acquire an asset in India. its capital account was lauded park money overseas or an NRI has emerged as an agricultural powerhouse of sorts, being
where sales are made, rather the rupee are already convertible India has come a long way in lib after the currency crisis in East wanting to invest in Indian assets, the country's largest producer of rice, vegetables and, of
than where profi t is declared. to a great extent. erating the capital account trans Asian countries in 1997 exposed full convertibility on capital ac course, good old jute.
The current regime allows actions in the last three decades the problems arising from the po count may give you a greater op I-T waiver on amounts up to Rs 5 lakh under VSS
technology companies to shift What is it? and currently has partial capital tent combination of high current portunity to diversify investments The carrot of incometax exemption is now being off ered
profi t generated in, say, France, The balance of payments account, account convertibility. account imbalances, dependence and reduce geographical risk. by the Government to attract employees in sick and
to lowertax countries like Ire which a statement of all transac Some of the recent moves in on shortterm capital fl ows and Note that crossborder invest unviable public sector undertakings (PSU) to accept
land and Luxembourg. tions made between a country clude increasing the foreign port the whimsical nature of these ments are allowed even now un Voluntary Separation Schemes (VSS). The Finance Ministry
The new approach will be as and the outside world, consists of folio investment limits in the In fl ows. The SS Tarapore commit der RBI’s Liberalised Remittance has now decided to provide income tax exemption on
hard for Biden to accept as it two accounts — current and cap dian debt markets, introducing tee’s report on fuller capital ac Scheme but within the overall compensations up to Rs 5 lakh received under the VSS to
was for his predecessors. ital account. While the current ac the Fully Accessible Route (FAR) — count convertibility released in limit of $250000. make the exit path smoother for thousands of employees
Barack Obama’s administra count deals mainly with import through which nonresidents can 2006 argued that even countries in sick PSUs. The exemption would place them at par with
tion, for example, helped kill an and export of goods and services, invest in specifi ed government se that had apparently comfortable The bottomline employees who opt for the Voluntary Retirement Scheme
earlier eff ort to update corpor the capital account is made up of curities without any restrictions fi scal positions have experienced It’s an alluring idea in theory but (VRS). The Government had also received similar requests
atetax rules for the digital age. crossborder movement of capital and the easing of the external currency crises and rapid deterior we’re not ready to put it into prac from banks for tax breaks where VRS schemes have been
The problem is that France by way of investments and loans. commercial borrowing frame ation of the exchange rate, when tise yet. successful.
and others are reaching for
money that could ultimately
fi nd its way back to America’s
coff ers, for example when tech
companies move cash stashed
in Ireland to US shores. easy bl two-way crossword 1755 not so easy
It won’t help that France and
Britain introduced emergency ACROSS DOWN ACROSS DOWN
digital taxes, mostly hitting 01. Track prepared for skiing (5) 01. They accept money of those 01. One could step out and go 01. Mr Peter asking for them to
American companies, in case 04. Greek district of pastoral leaving cars (7,6) down it on skis (5) take the motorists' money
the OECDled talks fail.
pleasure (7) 02. Kind of whale, rorqual (3) 04. Where the simple rural (7,6)
There’s a simpler option.
08. Additional assistance of 03. Putting forth of strength (6) life made a cad air his 02. A whale is to turn up around
Rather than focussing on tech,
troops (13) 04. Sudden and unexpected (6) diff erences (7) end of June (3)
governments could introduce
10. Lassos (5) 05. Dairy product (6) 08. Strengthening may 03. Work put in to the attempt (6)
a global minimum corporate
11. Percussion instrument (4) 06. As though a vision (9) compel people to enter 04. Sudden burp can be disguised
tax rate.
This would suit everyone ex 12. Have a desire (4) 07. Of the science of the inert form (13) at getting around it (6)
cept tax havens. America 16. Apart, with detachment (5) heavenly bodies (13) 10. Lines known by such as are 05. One may be skittled by
already has a similar measure 17. Full of information (13) 09. Regular, ecclesiastical (9) experienced (5) Roquefort (6)
in the socalled GILTI provision 19. Substance that dissolves 13. Clumsy, tactless (6) 11. A medal for leaving 06. As if a vision could make fi fty
of its tax law. another (7) 14. Refusal to participate (33) without one (4) ride out (9)
Le Maire, for example, could 20. One resisting authority (5) 15. A romantic intrigue (6) 12. This bone father to the 07. About the science of the stars
then take the diff erence 18. Confer knighthood on (3) thought, if merry! (4) pastor has his clay to form
between the agreed threshold 16. Standoffi sh way a fruit (13)
and what French companies ac pudding is sent back (5) 09. It's the orthodox way to fl ip
tually pay on profi t declared in 17. With allround knowledge coin in Panama (9)
lowtax countries. of dope, I can cycle about 13. To be so tactless is left to the
SOLUTION: BL Two-way Crossword 1754
It would end the incentive to (13) French (6)
shift profi t. ACROSS 1. Morse 4. Grommet 8. Dissemble 9. Dot 10. Legatee 12. Plea 19. Can pay all one owes for 14. Refusal to participate with
An OECD analysis suggests 14. Monitor 17. Styx 18. Eternal 20. End 21. Light bulb 23. Neglect 24. glue, say (7) policeman on strike (33)
introducing a minimum tax Rathe CLUES DOWN 1. MiddleEastern 2. Resign 3. Election 4. Gab 5. 20. Be up in arms or be in a bit 15. The business of an illicit love
rate would raise up to $70 bil Open 6. Muddle 7. Tetrasyllable 11. Exile 13. Forester 15. Pyedog 16. of a relapse (5) entanglement (6)
lion outside of the United Insult 19. Blue 22. Gut 18. Make a knight add the
States, with highincome na soundtrack (3)
tions like France doing particu
larly well. REUTERS
CM .. ....... .....BM-BME
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6 EDITORIAL DELHI
M
ore than 12 years since the dastardly attacks
the number of mandis was to in investments will also be adversely ment and the farmers can be
across prominent locations in Mumbai, its key
T
he eruption of massive farm crease to at least 41,000. But there aff ected if mandis are weakened. structured using a broad frame
conspirators have continued to evade justice ers’ protests across India were only 6,630 mandis in 2019 work based on two focus points.
AP
in India. While nine of the attackers were shot dead by against the Farm Acts has with an average area served of 463 The fate of MSPs First, India needs an increase in
the police between November 2629, 2008, one of shocked those in the seat of power km2. Using another set of criteria, take over the role of mandis and Without doubt, MSPs would conti the density of mandis, expansion
them, Ajmal Kasab, was apprehended and sentenced to in Delhi. According to the govern a government committee in 2017 the village trader, they incur con nue to survive on paper as the go of investment in mandi infrastruc
death after a trial that revealed the conspiracy and ment, many private markets will had recommended that India siderable costs in opening collec vernment will have to procure to ture and a spread of the MSP sys
planning by LeT operatives among others responsible be established, middlemen would should have at least 10,130 mandis. tion centres and for salaries, grad maintain a minimum buff er stock. tem to more regions and crops.
disappear, farmers would be free So, by all counts, India needs not ing, storage and transport. The However, many policy signals This should happen handinhand
for the attacks. One among the foreign collaborators is
to sell to any buyer and farmgate less but more mandis. more the number of small and point to a strategic design to wea with a universalisation of the Pu
Tahawwur Rana, who conspired with former FBI agent prices would rise. But the protest The second reason is that most marginal farmers are, the higher ken the MSPs. blic Distribution System as an af
David Headley to assist the LeT in the planning and exe ing farmers do not accept these small and marginal farmers, given will these costs be. Corporate re First, input and labour costs are fordable source of food for the
cution. Rana, a PakistaniCanadian citizen, was found claims. They believe that farmgate their small marketable surplus, do tail chains face additional costs in rising sharply in agriculture. This poor.
guilty by a U.S. court in 2011 of providing material sup prices would fall with the intensifi not fi nd it economical to bear the urban sales and storage, as well as necessitates a regular upward revi Second, we need not just more
port to the LeT and planning an attack on the offi ces of cation of a corporate presence in transport costs to take their har the risk of perishability. This is sion of MSPs to keep pace with mandis, but also better mandis.
the Danish newspaper, Jyllands-Posten, and was later agricultural markets. They also be vests to mandis. Thus, they end up why many retail chains prefer pur costs of living. However, MSPs are APMCs need internal reform to
lieve that the government, ulti selling their harvest to a village chasing bulk quantities of fruits rising at a far slower rate over the ease the entry of new players, re
sentenced to 14 years in prison. Unlike Headley, who es
mately, wants to phase out the Mi trader even if at a lower price. and vegetables from mandis rather past fi ve to six years than in the duce trader collusion and link
caped extradition after entering into a plea bargain nimum Support Price (MSP) Even if private markets replace than directly from farmers. past. Second, the government has them up with national etrading
with the U.S. prosecutors and was sentenced to 35 years system. mandis, small and marginal farm not yet agreed to fi x MSPs at 50% platforms. The introduction of un
in prison, Rana was acquitted in the U.S. of charges of Let us look at the major claims ers will continue to sell to traders Transaction costs above the C2 cost of production. ifi ed national licences for traders
involvement in the 2008 terror attacks. An Illinois court and their merits. Due to space con in the village itself. The situation Even if private markets emerge, As a result, farmers continue to and a single point levy of market
commuted his jail sentence that was scheduled to end straints, the focus here will only be will change only if economies of the size of transaction costs are suff er a price loss of ₹ 200 to ₹ 500 fees are also steps in the right
in September 2021, after he tested positive for CO on the Farmers’ Produce Trade scale rise substantially at the likely to off set any decline in man- per quintal in many crops. Third, direction.
VID19; this has opened the window for his extradition and Commerce (Promotion and farmlevel. di taxes. As a result, there is no as the Commission for Agricultural However, if we go by the Union
Facilitation) Act, 2020 (FPTC Act). Second, de jure too, the free surance that farmers would re Costs and Prices (CACP) has been Finance Minister’s statement in
to India. Rana, according to Headley, had helped him to
dom to sell outside mandis already ceive a higher price in private recommending to the government November 2019, the government
open an immigration fi rm in Mumbai, which was used More mandis needed exists in many States. Already, 18 markets. In the existing private that openended procurement of thinks that the APMC system has
by Headley to survey targets chosen by the LeT. An ex An important assumption behind States have allowed the establish markets too, there is no evidence food grains should end. These pol “served its purpose” and the
tradition memorandum fi led by U.S. prosecutors in a the FPTC Act is that mandis con ment of private markets outside of farmers receiving higher prices icy stances have set alarm bells States should “reject” and “dis
California district court has reaffi rmed Rana’s role and trolled by Agricultural Produce the APMC; 19 States have allowed than in the mandis. In fact, if tran ringing among farmers. mantle” mandis. Such statements
provides more detail into the conspiracy and the know Marketing Committees (APMC) are the direct purchase of agricultural saction costs exceed mandi taxes, In Punjab, Haryana and western betray the real intent of the go
ledge shared with him by Headley about the attacks. monopsonies in rural areas. This produce from farmers; and 13 the costs would be transferred to Uttar Pradesh, most crop sales are vernment, which has not missed
assumption itself is specious. First, States have allowed the establish the farmers as a lower price. This, at the MSP through procurement the attention of the protesting
This should provide the U.S. court enough reason for
offi cial data show that even for ment of farmer’s markets outside then, would imply a stronger centres including the mandis. The farmers. Further, the branding of
Rana’s extradition to India to face punishment. paddy and wheat, respectively, the APMC. Despite such legislative squeeze on the farmer than at farmers in these regions legiti protesters as “antinational” and
The trial of Ajmal Kasab exposed the collusion of the only 29% and 44% of the harvest is changes, no signifi cant private in present mately feel that they have been “Khalistanis” has only helped to
Pakistan deep state with terrorist organisations. Argua sold in a mandi, while 49% and vestment has fl owed in to establish Many commentaries treat taxes dealt a double whammy. If mandis further alienate the farmers from
bly, this has helped in a dramatic reduction in terror 36% is sold to either a local private private markets in these States. in mandis as wasteful. This asser weaken and private markets with the government. The govern
targeting civilians in India. Groups such as the LeT and trader or an input dealer. In other Private markets have emerged in tion is not fully true. First, much of no commitment to MSPs expand, ment’s legislative adventurism
JeM have changed their modus operandi to target secur words, de facto, a large proportion some pockets for some crops, but the mandi taxes are reinvested by they fear a gradual erosion of their with the Farm Bills was misplaced
of Indian harvest is not directly these are by no means APMCs to improve market infras entitlement to a remunerative to begin with. . But it is never too
ity forces since then. The scrutiny over Pakistan has
sold in a mandi. widespread. tructure. A fall in mandi taxes price. If mandis weaken and priv late to rethink. Unconditional talks
been accentuated by the FATF’s decision to retain Pa Farmers are forced to sell out The reason for poor private in would reduce the surplus available ate markets do not suffi ciently re with farmers would be an appro
kistan on its greylist. Yet, Pakistan has done little to side the mandis for two reasons. vestment in markets is the pre with APMCs for such investment. place them, they fear that the void priate starting point.
bring the culprits of the 26/11 attacks to book — a case in The fi rst is that there are not sence of high transaction costs in Second, in States such as Pun would be fi lled by unscrupulous
point being LeT chief Hafi z Saeed who has been sen enough mandis. In 1976, there produce collection and aggrega jab, the government charges a and unregulated traders. As Bar R. Ramakumar is a Professor at the Tata
tenced to prison for terror fi nancing but has eluded jus were 4,145 large markets in India, tion. When private players try to market committee fee and a rural bara HarrissWhite, a scholar of In Institute of Social Sciences, Mumbai
tice for his role in the 2008 attacks by never being
charged despite being identifi ed by Ajmal Kasab and
Headley as a mentor with knowledge of the attacks. Ra
na’s extradition would go a long way in bringing justice
A misguided policy that cuts deep into patient safety
to the nearly 160 victims of the Mumbai attacks and
shed further light on crossborder terror.
It is impossible for Ayurveda to incorporate surgical techniques while ignoring the other domains of modern medicine
in medicine can safely perform consists of a basic degree during man knowledge is a universal re
surgery. It is an aphorism in mod which the fundamentals of the source, ever growing. The way for
Targeted containment of COVID-19 can work, surgery, but when. Importantly, diagnose illnesses are taught. In medicine.
the surgeon needs to know when creased knowledge in various do
but there is no room for complacency George Thomas not to perform surgery, a skill mains is obtained through post Could deepen inequity
commonly called clinical judge graduate training. All these do The quality of medical care re
N
ew Home Ministry guidelines to check further
ment. These skills are diffi cult to mains work together in order to ceived in India is highly depen
spread of COVID19 during the winter months
T
he basic requirement of teach and diffi cult to master. ensure safe surgery. It is impossi dent on personal resources. Surgi
starting with December refl ect the govern medical practice is the safety Errors in surgery can be devas ble for Ayurveda to incorporate cal facilities manned by graduates
ment’s concern that the gradually reviving economic of the patient. Surgery is a tating. Data from the United States surgical techniques while ignoring of Ayurveda will be patronised on
activity should remain unaff ected by ongoing contain branch of medicine in which poor suggests that up to 4,000 surgical the framework of the psychologist all the other domains of modern ly by the very poor who do not
ment measures. The Centre has mandated that States training can have dramatic and errors occur each year despite Rasmussen’s Skill, Rule and Know medicine and still perform surgery have the resources to access mod
declare containment zones online, identifying them disastrous results. This is the wellconsidered controls on who ledgebased Error model. Some safely and eff ectively. ern medical care. This will further
with micro targeting to minimise the impact. It has also strongest argument against the ill can perform surgery. Eff orts to re complex tasks are a set of repeti What is scientifi c knowledge? entrench the existing grossly un
advised move of the government duce this rate focus on better tive steps where the person ac How is it to be transmitted? Is equal access to health care. An
prohibited any lockdowns at State and city levels with
of India to allow graduates in Ayur training. Besides professional quires profi ciency merely by prac there any sound basis for diff erent epidemic of catastrophic compli
out prior consultation with the Ministry. Such advice veda to practise surgery. codes, legal mechanisms have tice, for example, using a complex scientifi c systems in the modern cations, disproportionately aff ect
might appear redundant, coming as it does after a long been developed to ensure safe machine without knowing how it world? More specifi cally, can there ing the poor can be expected if
unlock phase that permitted the relaxation of restric Apprenticeship is key medical practice. works. This is not applicable in be fundamentally diff erent expla surgical procedures are per
tions on almost all public activities, barring regular Surgery in the present era is an in In India, the Consumer Protec surgery where novel situations are nations of how the human body is formed by the poorly trained.
fl ights and trains, and the onus having shifted to the citi terdisciplinary endeavour. A well tion Act serves as an incentive to often encountered and a good structured and functions? These There is a shortage of trained
zen to avoid getting infected. Several States with a per trained anaesthesiologist keeps modern medical practitioners to knowledge base is essential to are all important questions and medical personnel in rural areas.
the patient free of pain. Other spe provide high quality health care. solve problems which may not have implications for policy in The only way to address this is to
ceived decline in new infections have opened up even
cialist doctors address any other Even this legal mechanism is not have been previously health care. Important decisions greatly increase the number of go
more; in Tamil Nadu, for instance, fi nal year inperson illnesses that the patient has be accessible to the poor. It is quite encountered. with potential to seriously harm vernment medical colleges. This
college classes and medical courses except for fresh en fore surgery can be safely per clear that there is no shortcut to thousands of people should not be will take a few years, but it is a safe
trants are set to reopen on December 7. This is a time to formed. The welltrained surgeon safe surgical outcomes. One simp What constitutes safe surgery casually made without clear and eff ective policy. Safety of pa
reiterate proven safety norms, considering that India must have a good knowledge of ly cannot get away from it — safe Modern medicine is an integrated answers. tients should not become a victim
has about 4.48 lakh active cases out of a total of 94.31 the structure of the human body surgery requires years of training. whole in which specialties have Safe and eff ective health care of misguided policies based on
lakh cases recorded thus far, and where almost three in health and disease. This is one The idea of competence with developed from the understand should not become a casualty of a poor understanding of what safe
fourths of new infections are concentrated in eight branch of medicine where know out comprehension should not be ing that the knowledge base is so misguided desire to protect indi surgery requires.
ledge can only be acquired guile us into believing that surgery vast that a single human can only genous systems. Traditional know
States and Union Territories including Delhi. Encourag
through apprenticeship — that is, is a suitable subject for its applica ever hope to master a few of the ledge in India has become the vic Dr. George Thomas, an orthopaedic
ing results from vaccine trials and the likelihood of ear the learner needs to be guided by tion. Anecdotes of people not edu domains required in order to pro tim of selfserving apparatchiks surgeon practising in Chennai, is the
ly emergency use authorisation have weakened volun an expert. It takes many years and cated, but able to perform com vide the best possible outcomes to who have fossilised it, preventing former editor of the ‘Indian Journal of
tary caution, and citizens are yielding to pandemic much exposure before a graduate plex tasks should be understood in patients. Modern medical training its development and growth. Hu Medical Ethics’
fatigue. Health authorities must reinforce the message
that lowcost interventions such as masks, good ventila LETTERS TO THE EDITOR Letters emailed to letters@thehindu.co.in must carry the full postal address and the full name or the name with initials.
tion and distancing norms cannot be abandoned.
Evidence from the lockdown in India shows that the Protesting farmers ■ The hallmark of the traps of the corporate of farmers. Structural resonance in the mainstream
To read more letters
online, scan the QR code
reproductive number for COVID19, representing the The farmers’ protests present regime at the Centre economy. It is better the bottlenecks such as media. Second, when
number of fresh infections caused by an individual, was against the Farm Acts is the arbitrary way of taking rulers learn, as Jawaharlal removing the hurdles in reforms are not undertaken on the side of caution and get
indeed reduced by the severe curbs, although the out continue to simmer yet the decisions and formulating Nehru says in his Glimpses of institutional credit system frequently, people get used things right. Human safety
come varied by location. At the end of April, as the lock government seems to be laws, whether it is concerned World History, that “there is and enhancing infrastructure to the old ways. Poverty of comes fi rst.
down rigour eased, India had over 30,000 cases and nonchalant to their with the economy a limit to human and logistical support in reform in agriculture could Sudharsan Rajagopalan,
CM A ND-NDE
YK
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THE HINDU
TUESDAY, DECEMBER 1, 2020
DELHI
EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
OPED 7
Information application fi led by him 8 (1)( j) which exempts “information tinued dialogue between the two countries has increased since the April 2015 earth
was displayed on the Ministry’s web which relates to personal informa that have had a strained relationship since quake and Nepal is surely an area of strategic
site. According to Mr. Gokhale, once tion the disclosure of which has no the imposition of a fi vemonthlong blockade infl uence in China’s Belt and Road Initiative.
his phone number and address were relationship to any public activity or in 2015 in Nepal just as the country was reco
displayed, he began receiving threats ment. These would display the Court in the case of Avishek Goenka interest, or which would cause un vering from a devastating earthquake. Peopletopeople ties
on the phone. A mob gathered out names and addresses of the complai v. Asish Kumar Roy (2013). In the warranted invasion of the privacy of In the past fi ve years, the only glimmer of The Foreign Secretary raised the issue of pe
side his house chanting slogans nants and the accused. Ironically, Goenka case, an RTI activist wanted the individual unless the Central Pu hope to work on the relationship was the opletopeople exchanges between the coun
against him because of his activism even the courts, including in Mr. to provide a P.O. Box number as his blic Information Offi cer or the State constitution of an Eminent Persons Group. tries, a welcome development. In the past
against the ruling party. What hap Gokhale’s case, disclose the address address while fi ling a RTI application Public Information Offi cer or the ap The Group was disbanded after submitting two decades, two signifi cant changes have
pened to Mr. Gokhale is unaccepta es of litigants in their judgments as a in order to not disclose his residen pellate authority, as the case may be, its report, the outcome of which is still not happened in this area. First, Indian workers
ble and the state must take all possi regular practice. Many of the new tial address and thereby protect him is satisfi ed that the larger public in known. Nepal thought that the Eminent Per in Nepal constitute a big part of the work
ble steps to prosecute those who transparency initiatives such as the self from possible reprisals. Howev terest justifi es the disclosure of such sons Group would be the foundation for re force and send about $3 billion to India every
threatened him and his family. Jan Soochna Portal in Rajasthan er, the public authority insisted that information: Provided that the infor working the relationship between the two year. In terms of remittances to India, Nepal
The larger question here is wheth make available the details of all be he disclose his residential address. mation, which cannot be denied to countries, but for India, as a former diplo ranks eighth. So, the Government of India
er a person’s address is public or nefi ciaries of all welfare schemes ad The Calcutta High Court ruled in fa the Parliament or a State Legislature mat put it, it was just one of the hundreds of needs to keep in mind that many households
private information. The answer to ministered by the State government. vour of the RTI applicant because the shall not be denied to any person.” initiatives or administrative mechanisms. in India are being run with remittances from
this will have signifi cant implications The rationale for such disclosures RTI Act does not require information While this provision protects the The Foreign Secretary did not touch upon Nepal. Second, Nepalis have migrated in the
for transparency in governance and is quite simple. As has been demon seekers to disclose personal details privacy of citizens, it requires disclo the issue of the Eminent Persons Group in past 20 years to more than a hundred coun
the fi ght against corruption in India. strated repeatedly by grassroots acti except those which may be required sure of information bearing a nexus his latest address. His speech was not diff e tries; India is not the only country that Nepa
vists working on the Mahatma Gand for contacting him. At the same time, to public activity. Generally, most of rent from speeches made in the past, and the lis rely on for jobs or education. This is a new
Addresses in public records hi National Rural Employment the Calcutta High Court, confound the information in public records ar joint statement from both the governments Nepal comprising young people with global
The instinctive reaction of most peo Guarantee Scheme and the Public ingly, also permitted authorities to ises from a public activity. Applica was a usual nicety. aspirations. Nearly threefourths of the pop
ple is to consider their address priv Distribution Scheme, access to infor disallow P.O. boxes and insist on per tions for a government job, ration ulation of Nepal is under 35 years of age. In
ate information and this is entirely mation about benefi ciaries, includ sonal details in cases where the Pu card, caste certifi cates are some ex Unchanging perspectives dia needs to engage beyond its current con
understandable. However, it is also ing addresses, is critical to weeding blic Information Offi cers faced “diffi amples of public activity. However, The NepalIndia relationship has never been stituency, the minuscule proportion of the
important to note that the address of out ‘ghost benefi ciaries’ created by culty”. This was followed with the there may be some personal infor free of controversy as the perspectives of population who are above 65. Meanwhile,
people’s residence or offi ce has nev offi cials looking to pilfer funds or ra caveat that in all such cases, personal mation which may be with public both sides are yet to change. Many in Nepal Nepal needs to plan how it engages with the
er been considered private under In tions. In all of these cases, the disclo details should be hidden by the go authorities which is not a conse continue to equate being antiIndia with be youth in mainland India for whom Nepal is
dian law. Back in the day, govern sure of addresses of citizens in the vernment from public disclosure in quence of a public activity, e.g. med ing nationalistic. Politicians and political par just like Bangladesh or Myanmar, areas they
ment telecom service providers used public domain plays a crucial role in order to prevent harassment of the ical records, or transactions with a ties whip up such sentiment and compete study about in geography in school but know
to supply telephone directories to boosting public confi dence in gover RTI activist. This part of the Calcutta public sector bank. Similarly, a pu with each other on who can be more ex little about.
everyone containing the names, tele nance systems and ensuring effi cien High Court’s order formed the basis blic authority may come into posses treme, especially before an election. Prime There are some fundamentals that we
phone numbers and addresses of ev cy while also combating corruption of the Bombay High Court’s order in sion of some information during a Minister K.P. Oli won the 2017 election partly simply cannot forget: geography will not
ery subscriber in the city. Similarly, in its various forms. Mr. Gokhale’s case. raid or seizure which may have no re because he projected himself as someone change, the border will remain open as mil
electoral voter lists include the ad Both the Calcutta High Court and lationship to any public activity. who stood up to India during the blockade. lions of livelihoods on both sides depend on
dresses of all voters in each and ev Privacy and information the Bombay High Court followed a These would be exempt. Everything He again whipped up nationalistic senti it, and China is going to be a big global player
ery ward. These lists are now availa Questions such as privacy, which in consequential line of reasoning i.e., else should be published in the pu ments when he got the Nepal map amended with varied interests in the neighbourhood.
ble online in a digital format on the volve fundamental rights, must be the information in question should blic domain. to add new territory. This was a good way to Therefore, the IndiaNepal relationship has
website of the Election Commission. dealt with not just on the basis of the be treated as private because its dis In the meanwhile, RTI activists defl ect attention from the poor management to be recalibrated. The hope is that the Nepa
Land records, containing details of consequences that may follow from closure may lead to threats against looking to protect themselves should of the COVID19 pandemic by his govern lispeaking Foreign Secretary who has Sikki
ownership, are open for public in the disclosure of their addresses but the RTI applicant. With all due res be urged to use P.O. boxes as a means ment. His government’s excuse was that af mese ancestry will be able to rethink the dy
spection across the country and play also fi rst principles of the law and pect to the honourable High Courts, to preserve the anonymity of their ter India released its new map in November namics of the relationship as he refl ects on
a crucial part in ensuring confi dence this is where the judgment of the this is the wrong approach and will addresses. 2019, Nepal wanted to discuss the map with his visit to Nepal.
in the volatile land markets in India. Bombay High Court is on thin ice. lead to inconsistent outcomes as vis India but the latter did not provide any time
Similarly, all FIRs in cognisable cases In its order in Mr. Gokhale’s case, ible in Mr. Gokhale’s case, where the Shailesh Gandhi was a former Central for a discussion. Sujeev Shakya is the author of ‘Unleashing the Vajra:
must be displayed on the website, ac the Bombay High Court relies heavily government was upbraided for dis Information Commissioner and Prashant India continues to think that by providing Nepal’s Journey Between India and China’ and
cording to a Supreme Court judg on a brief order of the Calcutta High closing his address while the High Reddy T. is a lawyer largesse to Nepal in the form of aid and deve ‘Unleashing Nepal’