Professional Documents
Culture Documents
A MUSEUM FOR
JAMINI ROY
SATURDAY, APRIL 8 2023 The artist’s home in Kolkata
is being turned into a
museum to reflect his values
of simplicity, creativity and
universalism. The museum
will have an outreach pro-
gramme to engage with the
community, school and col-
lege students SEE PAGE 3
HACKING
HEALTH
BIOHACKING, OR THE USE OF SCIENCE, DIET
AND LIFESTYLE CHANGES TO OPTIMISE
HEALTH AND PERFORMANCE, HAS A
DEDICATED FOLLOWING IN INDIA. IS IT ALL
HYPE OR DOES IT REALLY SHOW RESULTS?
SMART LIVING
Chinese brands bet big on new
tech in smartphones
fOcuS
Vivan Sundaram:
reteller of memories
STYLE
Labels celebrate India but
the ‘karigar’ is still faceless
buSINESS LOuNGE
Meet Rajkamal Prakashan’s
Ashok Maheshwari
02 SAturDAy, 8 April 2023
New Delhi FIRST
NEW ON SCREENS Refugees on a remote Scottish island, the story of how Tetris
AHEAD
became a global sensation, and other titles to watch
O
Pedro is hosting the
Easter Feaster, with a
selection of full and half
plates, drinks and music. The
special menu features an array
of warm, comforting dishes
inspired by Goan cuisine, such
as the pumpkin Acorda, smoked
bone marrow toast and Rita’s
chicken omelette curry. All the
full plates can be savoured with a
selection of sides, such as rice
bhakri and Goan brown rice.
Special cocktails have been cre-
ated in association with the Goa-
based Stranger & Sons and Short
Story Spirits. Some of the heady
LIMBO concoctions include Sour Story
A bunch of refugees in hostile conditions on a remote Scottish island, waiting for asylum status. It’s a bleak existence—the characters are and Pedro’s Daiquiri. To add a
struggling with their identity, and in a limbo about their future. One of the refugees is Omar, who carries his grandfather’s oud, which he special touch, Better Call Saul, a
brought from Syria, everywhere but is unable to play it. It is as if the instrument embodies his lost home, culture and identity. The Ben Shar- Mumbai-based band, will be
rock film is heart-breaking and sensitive, with a humorous undertone. (Netflix) playing. At O Pedro, Bandra
Kurla Complex, Mumbai, on 9
PROMISING YOUNG WOMAN April (11am-4pm). A select menu is
Cassie (Carey Mulligan), a medical school dropout traumatised by TETRIS also available for delivery
what happened to her friend there, hangs out in bars at night, pre- This unlikely thriller revolves around the popular video game
tending to be drunk—till the so-called “nice guys” try to sexually Tetris. Taron Egerton stars as marketing man Henk Rogers, who is
assault her. Mulligan is unsettling as the feminist vigilante; the fascinated by the game. His attempts to secure the rights from its
ending will divide opinions. Directed by Emerald Fennell. (Netflix) Russian makers take him to Japan and to the other side of the Iron
Curtain. Directed by Jon S. Baird. (Apple TV+)
BREAKFAST TRADITIONS
SUMMER HOURS
O
ota Bengaluru is reintro-
Art collector Hélène’s three children gather at their country home ducing à la carte week-
for her 75th birthday. They must decide what to do with her exten- end breakfasts. The
sive collection and come to terms with her failing health. French menu features a selection of
director Olivier Assayas directs this intimate film. The cast dishes from Karnataka, such as
includes Juliette Binoche and Adrienne Marly. (MUBI) the ragi roti-uchellu chutney (fin-
ger millet flatbread with nigella
seeds chutney), Bidadi-style
FARAAZ thatte idli served with lentil
In this Hansal Mehta fim based on vada, tomato chutney and sam-
the 2016 terror attack in Bangla- bar, Davangere benne dose and
desh, five young men, led by the Mangalore Bun, a traditional
Nibras (Aditya Rawal), walk into an banana and cumin flavoured
upscale restaurant in Dhaka and dish. The culinary diversity is
kill all the foreigners, or non-Mus- showcased further through
lims, in a siege which unfolds over combinations. Take, for
a night. Among the hostages is Far- instance, the Tulu breakfast sta-
aaz (Zahan Kapoor), who calls out ple of sajjige-bajil-sheera, a trio
the “brain-washed” Nibras on the of avalakki, or tempered flat-
WAR SAILOR true meaning of Islam. Barring tened rice crisps, uppittu, a
Best friends and merchant sailors, Freddy (Kristoffer Joner) and Rawal and Juhi Babbar as Faraaz’s savoury semolina pudding, and
Sigbjørn (Pål Sverre Valheim Hagen) are conscripted to fight for mother, the characters don’t have kesari bath, or saffron-flavoured
the Allies as Germany invades Norway in 1940. It’s a harrowing much to play with. (Netflix) sweet semolina with pineapple.
look at how the brutality of war takes a toll on these men. The Nor- At Oota, Whitefield, Bengaluru,
wegian mini series is an edited version of director Gunnar Vikene’s Compiled by Nipa Charagi and every weekend (8am-11am)
film of the same name. (Netflix) Uday Bhatia. —Compiled by Avantika Bhuyan.
lounge@livemint.com In Food >> Discover In Relationships >> It’s Complicated In Health >> Wellness In News >> Talking Point
@mint_lounge
@livemintlounge
ON THE COVER: PHOTOGRAPH FROM ISTOCKPHOTO; IN THE 1 APRIL ISSUE, KACEY WONG’S NAME WAS MISSPELT IN ‘HONG KONG’S M+ MUSEUM MAKES A BOLD STATEMENT’
This PDF was uploade To Teligram channel_ LBS Newspaper platform (https://t.me/LBSNEWSPAPER) @LBSNEWSPAPER
FIRST SAturDAy, 8 April 2023
New Delhi 03
M
y mother would narrate
stories of her grandfa-
ther and his art. He
would often tell her that
the studio was his tem-
ple,” says Arkamitra Roy, great-grand-
daughter of Jamini Roy. She believes that (left) Jamini Roy in his studio; and the courtyard in which he would often paint.
the artist—a National Treasure known for PHOTOGRAPHS COURTESY DAG
his style of folklore modernism—would
have been delighted to see his home in with scholars and academicians on the wooden stools, with a sheet of paper in
Ballygunge Place, Kolkata, converted into artist, weaving in those stories. The place of a cushion.
a museum. The house where Roy lived museum is a tribute to Jamini Roy, one of One of the most significant events in the
with his family from 1949-72, till his pass- the most loved and collected Indian artists Roy household was the Bengali New Year
ing, has now been acquired by DAG to be the world over. Visitors from abroad celebrations, which coincided with the
converted into the Jamini Roy House would invariably take away a Jamini Roy artist’s birthday. “The house would be full
Museum, a rare instance of a privately work as a memento,” notes Anand. of visitors throughout the day, all dressed
owned single-artist museum. The artist moved to this house from his in simple Indian attire, with passionate
The project is still in an initial stage and modest Baghbazar home in north Kolkata. addas accompanied by tea, singara and a
the DAG team hopes to open next year, At the time, the Ballygunge Place neigh- special sherbet,” adds the note. Over the
hopefully in April, around the artist’s birth bourhood, which is now dotted with cafés, years, the family moved out.
anniversary. Everything will depend, of galleries and schools, had fields and bun- Now the 75-year-old house will
course, on the pace and scope of work. galows owned by the city’s commercial resound with cheer and energy once
This acquisition marks an important and professional elite. Roy built a single- more. DAG, which has a fairly large col-
turn in DAG’s journey in the museum storeyed structure he and his son, Amiya lection of Roy works and archival mate-
space. To take art to more people, the gal- Roy, had designed. As the family grew, rial, plans to create a mix of spaces where
lery inked India’s first public-private part- There are numerous examples of sin- history back with them. more floors and rooms were added. aspects of the artist’s studio and a selec-
nership in the arts space with the Drishya- gle-artist museums across the world— The Jamini Roy House Museum hopes “The ground floor was reserved as a tion of paintings will be displayed as a per-
kala museum, which started in January some of the best known being the Fonda- to achieve that too with its design. DAG is workspace for Jamini and Amiya Roy and manent collection. There will also be gal-
2019. Located within the Red Fort in tion Claude Monet in Giverny, France, in talks with conservation architects and there was a separate entrance to the pri- leries for museum shows of works loaned
Delhi, the project was a collaboration the Frida Kahlo Museum in Mexico and designers about keeping the original vate spaces on the upper floors reserved by other institutions.
between the Archaeological Survey of Munch in Bjørvika, Norway, where building intact while creating a state-of- for the family. The family remembers sev- Roy’s art, drawn from the people
India and DAG. Edvard Munch lived and worked. In the-art museum interface within. The eral niches where he would sit and around him, was made for the commu-
In 2020, DAG set-up Ghare Baire, a India, the Amar Nath Sehgal Private Col- courtyard, the studio where he worked— work—usually on the floor, or a low stool, nity. He wanted to democratise art by
museum-exhibition focused on 19th-20th lection, located in Jungpura Extension, each space will have its own character. with a simple plank as a table,” states the making it accessible to a wider section of
century art from Bengal, in the renovated Delhi, displays the work and archives of Apart from the programming, which will DAG note. people. So, not only did he keep his works
Currency Building in Kolkata. “Drishya- the late artist, who was known for his keep the space dynamic, the museum will Within some of the larger rooms, Roy affordable, he also brought the common
kala was the starting point. However, we sculptures and installations. Single-artist have an outreach programme to engage Single-artist museums are would display his work on wooden stools man of Bengal—the peasant, the crafts-
are doing the Jamini Roy House Museum museums are different from the rest in with the community, school and college of varying heights. One of the rooms, person, the Bauls, the homemakers, the
on our own and that is the direction DAG their very essence—each part of the students. A bookshop and a café are different in their very essence known as the “Christ room”, displayed Santhal women—into his paintings. It
is likely to take in the future in the space is imbued with memories of an art- planned too. —each part of the space is works from his iconic Christ series. seems apt that now a museum will help his
museum space. In the course of the next ist, his or her process, way of working. By “The family has a lot of memories and imbued with memories of Illustrious personalities such as former legacy and the values he espoused—sim-
few years, we plan to open a lot more seeing where iconic paintings or sculp- anecdotes about the space and the artist. prime minister Indira Gandhi and artist plicity, universalism and creativity—
museums,” says Ashish Anand, CEO and tures were created, viewers feel they are We hope to document these over a period
an artist, his or her process Uday Shankar visited but everyone was reach the people not just of Kolkata but
managing director, DAG. taking a piece of the work and a slice of of time, even making research-led films and way of working treated the same, offered the same around the world.
An ongoing, hotly
contested poll to
identify the maestro’s
best song is bringing
unadulterated joy to
our Twitter timelines
Shrabonti Bagchi
shrabonti.b@livemint.com
W
hen Mumbai-based writer and
editor Runcil Rebello started a
Twitter poll to identify A.R.
Rahman’s top songs, he didn’t expect it to
become a phenomenon that would launch
hundreds of memes, travel across plat-
forms to Instagram and Reddit, get people
to write essays on their favourite Rahman
songs—or that the popular Netflix India
account would refer to it in a sly tweet.
The running poll (actually, think of it as
a sporting contest where teams are pitted
against each other in smaller and smaller (Priyanka) and @PermanentManx (Manx), “I have wanted to run a bracket contest
pools), #ARRHindiBracket on Twitter, to help him whittle the list to 128. “They for a while but the idea of doing it on Rah-
started with 128 songs and is down to the actually didn’t know each other before man songs came to me fully formed one
final eight—the culmination of a hotly this but got along well, starting with our night. Besides my own love for Rahman’s
contested battle that has brought good- shared love for A.R. Rahman’s songs. For music, it made sense because he has a vast
natured fun to our Twitter timelines, nor- the seeding, we thought of different number of songs, is much loved (and
mally inundated with grumpy tweets from ways.... Priyanka initially suggested we go could attract people to participate), has
middle-aged “thought leaders”. by YouTube views, which would have compositions across genres and types—
Over the past few weeks, “Fanaatics” been a problem, as Param Sundari from jazz or rock, Indian classical or ballad, or
(fans of the Yuva song Fanaa) have pitted Mimi, which, while a good song, isn’t one EDM-inspired dance tracks—and has
themselves against the “Pigeon gang” of Rahman’s most iconic tracks, would been composing great quality music for
(those who love the pigeon-worshipping have been in the top 10 seeds. We then did almost 3 decades now,” says Rebello. “I
Masakali from Delhi-6), who have a draft pick; I went first, Priyanka second, absolutely do believe in the ‘slow poison’
lobbed veiled insults at Ranbircels (who Manx third, but we would do a reverse on school of thought regarding Rahman. Yes,
love songs from films with music by the next 3, so Manx got fourth, Priyanka he does have bangers and bops that will
Rahman that also star Ranbir Kapoor), got fifth and I got sixth. Rinse repeat till we hit from Day 1 but with him, there’s also a
who have quote-tweeted Taalcoholics reach 128,” explains Rebello. rediscovery that can keep happening with
(yes, fans of the music from Taal) with It isn’t meant to be an objective process. songs you maybe didn’t like at first. That
extreme prejudice. But this means people have accused happened with me during the #ARRHin-
It has been the most absurd, funny, nos- Rebello of playing favourites—semi- diBracket with songs from Tamasha and
talgia-including, let-me-create-my-own snarky comments like “which song is Raanjhanaa.”
Spotify-playlist fan-service moment in a going to win and why is it going to be Most people agree that along with a
long while, and there has perhaps never Chhaiya Chhaiya?” are thrown around on Spotify playlist of all 128 songs, one of the
been a more glorious celebration of Rah- voting days but Rebello says the poll crea- best things to come out of all this has been
man’s music. Oscars? What Oscars? tors knew they needed to have the icons in the meme wars over favourite songs and
Rebello, 33 (@MrNarci on Twitter), fol- the top seeds. “This isn’t actually sport, voting patterns. They have been abso-
lowed the bracket tournament format where there are rankings already in lutely insane fun, agrees Rebello, but peo-
when he started the polling on 19 March. place…plus of course we are human and ple have engaged at a deeper level too.
“The initial longlist was about 180 songs sometimes our personal favourites may “We really did not expect that 16 people
but due to the power of 2, the next highest have been seeded higher. But overall, I would agree to write short essays about
number was 256 and that would have think, we managed to get a good list, espe- their favourites from the Round of 16
been stretching it,” he says in a conversa- cially seeing how the results have turned songs. Lots of people put time into making
tion over Twitter DMs and email. He asked out so far.” Chhaiya Chhaiya is indeed in memes or writing essays and that’s the
two friends from Twitter, @peeekaaaaa the top 8. greatest gift back to us,” he says.
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04 SAturDAy, 8 April 2023
New Delhi HOW TO LOUNGE
TEE OFF
White Golfer Brocade Set
In the name of
STREAM OF
STO R I E S
RAJA SEN
FEATHER TOUCH
I
t appears people still watch The Big Bang Theory. A comedy series that
Golden Wings infantilises nerd-culture, it never worked for me, but fans appear not only to
Brocade Minidress be watching old episodes (streaming in India on Netflix) but doing so very
This Valentino dress, closely indeed. Last week, Twitter user Mithun Vijay Kumar sent a legal notice
which brings together to Netflix India because an early episode of the American comedy includes an
metallic threading and insulting crack about Madhuri Dixit. Thankfully nobody seems intent to take
an abstract pattern the episode down—at least not just yet—but I looked up the scene to see what
print, will be a head- had bothered Kumar, a political analyst and longtime Dixit fan.
turner at any party. In the episode The Bad Fish Paradigm (season 2, episode 1), the characters
Available on Sheldon Cooper and Raj Koothrappali are watching TV. “Isn’t that woman
Farfetch.com; $4,382 Aishwarya Rai?” asks Cooper, the show’s know-it-all. “Yes,” replies a thrilled
(around ₹3.6 lakh) Koothrappali. “isn’t she an amazing actress?” “Actually,” Cooper pontificates,
“I’d say she’s a poor man’s Madhuri Dixit.” Cooper is immediately incensed:
“How dare you? Aishwarya Rai is a goddess! By comparison Madhuri Dixit is a
leprous prostitute!” Cooper, surprised by this escalation, apologises to Koo-
THE CLASSICS thrappali and declares that clearly the Indian character doesn’t know enough
Dual Tone Cactus Minimalistic about Hindi cinema.
Threadwork Panelled Sherwani This is a bad joke from a frequently annoying series, meant to illustrate how
This traditional ensemble by Kunal Rawal Cooper, annoyingly, knows too much—however, I found it harder to ignore
and Ekaya Banaras uses the cactus the fact that neither character actually knows who they are talking about: A
thread pattern. Available on song from Kaho Naa Pyaar Hai, featuring Ameesha Patel, is playing on the TV
PRETTY PINK kunalrawalofficial.com; ₹2.29 lakh in front of them while they are discussing Aishwarya Rai.
Handwoven Phool Still, why did a tasteless line from a 15-year-old TV episode immediately
Chadar Brocade anger Kumar—much like Cooper’s first insult infuriated Koothrappali?
Case Bag This instinct has to do with the way Indians place people they love on ped-
Add a pop of colour to estals. Raise your idols high enough and pretty much everything can be
any outfit with a bright, called blasphemy.
shiny bag, like this Tarun A few years ago, when I heard they were making an Indian edition of the
Tahiliani hand-embroidered delightful French satire Call My Agent, the first thing I wondered was what
bag. Available on they would call the dog. In the French original, the dog—belonging to a matri-
Ensembleindia.com; arch guided by classic cinema—is appropriately named Jean Gabin, after the
₹14,900 great actor of the 1930s and 1940s, hero to Jean Renoir and Max Ophuls.
Naming a gruff, adorable dog after this unconventional giant of the movies is
a delightful homage and I imagined the Hindi version would use this opportu-
nity to pay tribute to one of our own less-frequently heralded icons.
PASS THE MUSTARD MAKE IT SPORTY Yet in Call My Agent Bollywood (Netflix) the dog is
Mustard Handwoven Brocade Sari Vans Era Low-top Sneakers ‘Brocade’ named, simply and unmemorably, “Pan-
Silk zari brocade base sari with a handwoven crisscross Combining a brocade pattern and panelled kaj”. No last name is given, no star of
pattern in gold and mustard from Akaaro by Gaurav Gupta. design, this pair of sneakers gives the clash classic cinema is saluted, and the
Available on Perniasopupshop.com; ₹44,000 of prints a sporty twist. Available on in-joke is killed unceremoniously.
Farfetch.com; $146 This is a shame but as soon as I STREAMING TIP
Compiled by Pooja Singh & Shrabonti Bagchi. saw it, I realised that the makers
never really had a choice. Had
OF THE WEEK
Canadian comedian Mae
they named the pooch “Dilip
Martin has a new great special
Kumar” or “Nargis” or “Bap-
out on Netflix called SAP—
pi-Da”, there would be ridicu-
where they hilariously riff on
LOUNGE LOVES lously righteous furore.
Now, naming a pet after some-
one is the highest of compliments,
everything from childhood
nicknames to
transphobia.
and I consider a friend christening
her intensely adorable Japanese Chin
Things to watch, read, hear, do—and other curated experiences from the team dog “Raja” one of the most flattering things
of all time. Yet, in India, a dog is somehow considered low, which is why it
HOPPING TO TRAVEL feels like an insult when Aamir Khan had blogged, many years ago, that
A
good beer can often instil the desire to “Shahrukh is licking my feet and I am feeding him biscuits” before going on to
travel. My latest wanderlust-stirring explain that his pet was named Shahrukh. I am reminded also of Salman
find is a Czech Pilsner from Mumbai’s Rushdie’s sprawling Mumbai masterpiece, The Moor’s Last Sigh, a novel that
Drifters Brewery. It’s a clean, crisp, straw- ran into some trouble in India because one of its characters named a dog
coloured brew with pronounced hoppy notes, “Jawaharlal”.
just perfect for summer. The best way to relish Back to the Madhuri Dixit kerfuffle. I refuse to condemn fictional charac-
it is slowly and with full attention. Chugging it ters expressing opinions about celebrities. They should have preferences,
would be a sin. Inevitably, the next step after they should have dislikes, they should be irreverent, and some of these likes
discovering and enjoying a beer is geeking out and dislikes should be ill-informed and ignorant—just like our own opinions
on Google. The birthplace of this lovely beer can be. I loved, for instance, how the 2017 comedy series Brockmire featured
is the historic town of Plzeň (or Pilsen). the leading man fervently disliking the movies of Christopher Nolan. It’s a
Unsurprisingly, the biggest draw is the Pilsner running gag that only gets better, and I can simultaneously be amused by the
Urquell Brewery that has made the town joke while not thinking any less of Nolan himself. All it does is make us con-
A COUPLET A DAY world-famous. Between sips of this refreshing KEEP YOUR COFFEE HOT front the idea that Nolan—like Madhuri Dixit—is human and that someone
H I
aving grown up in south India, brew, I dreamt of visiting it. One day, perhaps, f you, like me, like to linger over your might not like them.
I am always hesitant to read I will. morning cup of coffee or tea while That may be the issue, actually. We make the mistake of assuming that our
Hindi or Urdu poetry—English —Jahnabee Borah scrolling through Instagram reels, celebrities—like our gods—are fragile enough to have their images dented by
translations rarely seem to do it justice you know there’s nothing that kills that a joke, an insult, an opinion. We assume that they can’t take it on their famous
and trudging through the originals is buzz like your drink getting cold while chins.
pure pain. Thinking With Ghalib: SPOT THE SPACE STATION you watch Pedro Pascal being cute for Decades ago, while I was working on the entertainment desk of an online
T
Poetry For A New Generation by Anjum he International Space Station (ISS) is the 50th time. I discovered the perfect publication, a dear colleague—who now writes novels —suggested dropping
Altaf and Amit Basole (Roli Books, the largest man-made structure ever put solution for this and regret the fact all the honorifics from movie interviews. Why, he reasoned, do we need all
2021) seems written for someone like into orbit. While we might never be able that, like Pascal, it came into my life these jis and saabs and so on, why can’t we clean it up and use last names
me—conversant enough to know to see it up close, there is a smartphone app quite late—double-walled borosilicate instead? To me, this sounded like a great idea. The editor applauded the
when a translation seems “off” yet not that lets you spot it in the night sky as it passes coffee mugs that keep your drink hot intent but then immediately put things back the way they were, saying that it
comfortable enough to seek out the your area. The ISS Detector is an easy-to-use (or cold) for a much longer time than might make editorial sense, but the minute we publish a Sonu Nigam inter-
original. Basole and Altaf pick 30 app which tells you about forthcoming your regular ceramic or bone china view to make it look like he’s referring to Kishore Kumar as, well, Kishore
Ghalib couplets, one for each chapter, sightings of the ISS. When you receive an app cup. It’s something to do with the dou- Kumar, all hell would truly break loose.
and ask you to read (and think about) notification, all you have to do is step outside ble-layered insulation, which is stan- The “ji” is much easier. A tiny wordlet that holds up the nation’s reverence
just one a day. The Urdu and the Hindi and watch the space station, using the radar in dard across several sizes and shapes of and hypocrisy. Maybe, like the anti-smoking disclaimers tenaciously pasted
are followed by the Roman translitera- the app. I have used it to spot the ISS multiple the mugs that come with or without on to the corners of Indian film and television screens, we should introduce a
tion of the couplet, allowing one to times—and it can be a surreal experience. If handles. I do not have a specific brand reassuring little line ahead of scenes where irreverent things are said about
read and hear, in one’s own voice, you want to go beyond the ISS, the app allows to recommend—there are plenty of famous people: No jis were harmed in the making of this scene.
what the original sounds like, so that you to see comets, planets and objects like the options on online shopping sites and as
you can start contemplating its many Hubble Space Telescope and the Tiangong, far as I can tell they all do the job quite Raja Sen is a screenwriter and critic. He has co-written Chup, a film about
meanings even before you get into the the Chinese space station. The ISS Detector is well—but this has been an absolute killing critics, and is now creating an absurd comedy series.
authors’ explanation. available on both Android and iOS. game changer.
—Shalini Umachandran —Nitin Sreedhar —Shrabonti Bagchi @rajasen
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THINK SAturDAy, 8 April 2023
New Delhi 05
sonal company but I don’t really care more interesting aspect is how corpora-
about making a personal connection tions are seeking to adopt the persona of
CULT with the people behind my toothpaste. I
just want to brush my teeth without
friends. And certainly many of them are
more regularly in chit-chat touch with
FRICTION visualising the social media and com- us than our old-school real world
munications manager and her life’s tra- friends. People probably hear more
SANDIP jectory. often from the Swiggys and Zomatos in
ROY At one time, we didn’t have to strain our lives than from our chaddi buddies.
so hard to make these connections. Our My optical store and bank wish me
local fishmonger would ask about my happy birthday earlier than most of my
i Sandip, hope you are having a mother’s knees while she inquired abut friends do, especially if my birthday is
D
espite a relatively decent assessment as affirmative action policies
growth rate, unemploy- have energised the politics of recognition
ment has touched new and dignity. Reservations are only part of
heights. Alongside, there the story. They are part of a larger move-
is this strange conun- ment and struggle by the marginalised
drum: On the one hand, many educated demanding their due share of opportu-
people do jobs way below their skill set; on nity, freedom and equality.
the other, recruiters often find that those While there are valuable lessons to be
with formal degrees do not possess the drawn from Chandrachud’s exploratory
expected skills. Government jobs, prized analysis, there are also weaknesses. He
for their security, are few and hard to tends to blur the political and ignore the
come by, incentivising aspirants to cut criticism that sociologists like M.N. Srini-
corners. vas, Andre Beteille and Dipankar Gupta,
Multitudes of young people are passing among others, have made of extending
through educational institutions hoping reservations to the backward classes. They
to better their life chances. Instead, they argue that the backward class clamour for
get jobless growth, unhappy work pros- reservations must be understood in the
pects and insecure jobs. This, naturally, context of the changing economy and how
creates a sense of angst and the obvious this upset long-standing social structural
object of such questioning is the working and power dynamics in rural areas. Reser-
and outcomes of reservation policies. vations for these groups helped them
Abhinav Chandrachud’s These Seats Are Hundreds of young people race through educational institutions hoping to better their life chances. Instead, they get jobless growth, unhappy work prospects and insecure jobs. PTI transfer their political and economic
Reserved: Caste, Quotas And The Constitu- power from rural to urban areas.
tion Of India, therefore, could not have them have been among the most contro- tion policies advance, including those of legislature and the judiciary at various The deprivations of the Scheduled
come at a more appropriate time. He versial issues in post-independence India. “merit”, “efficiency” and the need for points in time and on different dimen- Castes and Scheduled Tribes cannot be
presents a long history of reservation poli- Who deserves what? How should dif- “proportional” and “substantial” repre- sions of reservation. This helps us under- compared with that of the backward
cies that is relevant and essential to under- ferent concerns and demands be treated? sentation. stand how the 50% cap and “creamy layer” classes. Affirmative action for the former
standing the Constitution’s guarantee of These are ultimately moral questions. Chandrachud then moves on to the concepts were institutionalised. We also was meant to enhance equality of oppor-
social and economic equality. It gives us a While cheap access to information has debates in the constituent assembly and learn some of the technical dimensions tunities, weed out caste and compensate
deeper understanding of the provisions, made the youth better informed than pre- the life of reservations immediately after that work in the background, such as ver- for historical disadvantages. The same
often ignored in narrow legal perspec- vious generations, they are also easy prey the inauguration of the Republic. We tical and horizontal reservations, reserva- cannot be said of the Mandal recommen-
tives. The writing is lucid, shorn of techni- to communication that mixes facts with understand the background to the 50% tions and promotions, carry-forward and dations. Gupta argues that these were
cal jargon, and should be easily under- opinions, alters facts and cherry-picks cap on reservations and why seats are catch-up rules, consequential seniority meant to “represent castes” and make it a
stood by the general public. information to make a case for a particular reserved only in legislative bodies and and the working of the roster system. “perennial political resource”. Chandra-
Those ineligible for affirmative action position. Precarity causes angst and government jobs. The questions and The book also intuitively reiterates a chud does not make a distinction between
benefits fiercely question existing policy resentment and it is possible that every- issues in the early years revolve around point made elsewhere that the judiciary in the different categories eligible for reser-
frameworks. For them, “merit” ought to day conversations can take an ugly turn. themes of liberty and equality: Can the India does not have a clear-cut philosophy vation and this lumping together weakens
be given preference, they should not be It is this context that makes Chandra- two coexist without conflict, especially of its own and is more comfortable playing the case he is trying to make.
“punished” for something that happened chud’s contribution valuable. While the since they appear to be ideas straight out the role of a balancer. The court’s position This is, however, not to take away from
in the past. The counter includes ques- introduction sets out the broad contours of political theory textbooks? These chap- on the same question has changed at vari- what is undoubtedly a fine contribution.
tions about the neutrality of so-called of the study, the first two chapters are clar- ters also highlight two points incidental to ous times, and there appears to be no clear Today we live in echo chambers where we
merit as well as the relationship between ificatory. They trace how terms like the main discussion but relevant today: logic. This may explain how reservations are programmed to ignore and even dis-
social privilege and merit. Why shouldn’t depressed classes, backward classes, One, there was a strong conservative posi- for “economically weaker sections” trust outside sources and voices. Chandra-
opportunities not be proportional to the Scheduled Castes, Scheduled Tribes and tion within the Congress, and two, Jawa- These Seats Are (EWS), which radically breaks from the chud seeks to undo this, create a more
numbers in the population? These ques- Other Backward Classes came to be used harlal Nehru and Sardar Patel were on the Reserved—Caste, “originalist” interpretation of the Consti- informed public and asks us to escape and
tions have often been asked and the noise and how these groups were identified as same page in many ways. Quotas And The tution, becomes the new normal. reboot our belief systems. This, however,
around them becomes louder during peri- categories eligible for reservation. The Over the course of the next few chap- Constitution Of India: The penultimate chapter addresses the is easier said than done.
ods of stress. Given that we have seen pro- historical rear-view approach helps us ters, Chandrachud takes us to the heart of By Abhinav Chandrachud, vexed question of what happens to reser-
tracted periods of scarcity and want, reser- make sense of long-standing positions the contentious debate on reservations. Penguin/Viking, vations after marriage, conversion or K.K. Kailash is with the department of
vation policies and the politics around that critics as well as defenders of reserva- They map the back and forth between the 272 pages, ₹599. migration. Court judgements are exam- political science, University of Hyderabad.
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06 SATurDAy, 8 APril 2023
New Delhi TASTE
ISTOCKPHOTO
MILLET
IN A FISH
SOUP?
When it comes to millets, the
possibilities are endless. Chefs are
incorporating the ancient grains in
risottos, soups and salads
Avantika Bhuyan
Clear ice, cocktails
world as part of a sit-down meal, and a
avantika.bhuyan@htlive.com curated buffet, at the ITC Maurya in Delhi.
The selection included jowar and makkai
and ChatGPT
K
iara Arora, a Bengaluru- (corn) tikki, jowar-batter fried chilli basil
based tech professional, fish, puffed amaranth and vegetable pie,
has been following the amaranth mushroom arancini, chicken How ice unravels flavours and completes the
discourse on millets, read- Mexican bean and pearl millet soup.
ing about their resilience Last year, Bhasin and her team cocktail experience
and role in food security. Her interest is launched a millet programme across their
fairly recent—when she looks back at a hotels—in buffets for lunch and dinner
childhood spent in Delhi, she doesn’t have and breakfast at the 24x7 restaurants—in Jahnabee Borah
any memory of a millet dish. When she cuisines such as Asian, continental and jahnabee.b@livemint.com
moved to Bengaluru a year ago, she saw Indian. “We have neither limited our-
W
her landlady whip up traditional ragi selves to the traditional and the indige- hat is the importance of ice in a cocktail?” I typed this question on
(finger millet) dessert and pan- nous, nor to vegetarian fare. It’s a miscon- ChatGPT. The AI chatbot responded with four broad pointers: It
cake recipes. “They were deli- ception that only vegetarian dishes can be absorbs heat from the drink and “controls temperature”; it dilutes the
cious. However, I couldn’t made with millets; rather, they pair really cocktail, making the flavours mellow and balanced; it “adds texture”, depending
even tell the different well with poultry and meats,” says Bhasin. on whether the drink is served as a slushy or on the rocks; and it is needed for “pre-
types apart, let alone fig- In Chennai, food historian Rakesh sentation” to make the drink “appealing”.
ure out how to cook with Raghunathan is showcasing millets as part While the succinct answer was almost accurate, it missed a few things. Most
them,” she says. of The Golden Grain, a pop-up at the bartenders say ice acts like fire. Here’s a quick test: If you sip on 30ml gin neat at
As someone who liked (from top) A barnyard millet dish from Aragma; ‘jowar’ batter-fried Amethyst’s Wild Garden Cafe, on till 9 room temperature, the alcohol hits hard and it will numb your palate for a few sec-
modern Indian and con- chilli basil fish at ITC Hotels; and food historian Rakesh Raghunathan. April. One highlight is a 12th century Rus- onds. Next, add an ice cube, and voilà, you can taste the botanicals. Ice unlocks
tinental fare, Arora wasn’t sian fisherman’s soup, ukha (pronounced flavours, and, as it melts, one can go from tasting florals to citrus and spicy notes.
keen on cooking traditional ual incorporation of mil- spring onion oil. A best-seller recipe fea- OOH-hwha). This rich broth has tradi- For the sake of simplicity, experiment with just one flavour: spicy, for example.
pancakes and puddings. And lets into our diets, as well tures steamed barnyard millet, with a pea- tionally featured millets, and, sometimes, If spices are mixed in a drink, it will taste most potent when served warm and soft
there was no one to guide her on as create a space for mean- nut-coconut milk curry. a shot of vodka for warmth. Raghunathan and mellow when it’s cold. It’s the same for bitters, an essential cocktail ingredi-
the possible combinations in soups, ingful conversation and engage- The team’s fascination with the grains has created a mix of the indigenous and ent. The bitterness is pleasant when served cold but unbearable at room tempera-
salads—until she started attending millet ment so that we can tap into the resilience started while researching long-forgotten the modern with dishes like a millet-based ture. Skilled bartenders, then, can play around with flavours because they have
food festivals, chatting with home chefs of millets while also rediscovering its recipes. “In Maharashtra, jowar (sorghum) chocolate pudding, millet berry bake, and mastered the knowledge of temperature points.
and reading about initiatives such as the taste”. is made into a bhakri. But the current gen- a payasam-like dish called hachike made “Do you know a bartender can bring down the temperature of a drink from 10
Millet Revival Project started by The In its first phase (till May), the project eration has no idea how to make it. We by the Nilgiris’ Badaga community. His degrees Celsius to minus 10 degrees Celsius just by shaking it?” asks Annu Jha.
Locavore, led by chef Thomas Zacharias, has become a space for recipes, tech- decided to give a modern context to tradi- aim: to create awareness among custom- They don’t use a thermometer, they simply know through practice and instinct.
with support from the Rainmatter Foun- niques and information on sourcing mil- tion with dishes like ragi tarts and kodo ers and protect the interest of farmers. The Delhi-based bartender started the brand Just Ice in 2021 to produce and sup-
dation, a Bengaluru-based not-for-profit, lets. “There is still a lot of ignorance and (cow grass) millet crisps. When guests saw Zacharias too is keen to ensure farmers ply high-quality, crystal-clear ice to bars. Now, his ice travels in trains to cities like
eight months ago. It aims to bring in misconceptions around the grains. That’s the unique ways in which the grains were are not exploited. “For that, we are actively Mumbai, Chennai and Hyderabad. He breaks down the technicalities of tempera-
diverse perspectives and build purpose- why we felt that engaging with stakehold- being used in Aragma, they started asking looking at the policy changes that need to ture: A cocktail, for instance, is best served at temperatures ranging from approxi-
driven communities. Today, she knows ers in the food system, creating a cooking us for recipes. Today, we are happy to be be made,” he says. The team is also work- mately minus 2-5 degrees Celsius. “Ice comprises almost 70% of a cocktail and
verified sources of millets in the market, lab, looking at policy, and creating a part of a change,” says Somayaji. ing on perceptions about millets. It good bartenders pay attention to this integral component,” notes Jha.
and why foxtail millet has a cooking pro- resource bank will allow for the shift in Such efforts have amplified since the recently held a two-day event in Shillong When diners don’t want too much ice in a cocktail, bartenders have a ready
cess different from, say, barnyard. habits to happen in a more sustainable United Nations declared 2023 as the with the North East Slow Food and Agro- solution: Change the glassware. In such a situation, Rahul Raghav, beverage
Like her, many others—especially those way,” says Zacharias. International Year of Millets. Recently, biodiversity Society to promote millet director of Tamras Gin in Goa, serves a tall drink (let’s say whisky high-ball) in a
keen on a healthy lifestyle—have followed Restaurants too are stepping up. “The Manisha Bhasin, executive corporate chef, consumption. short glass. In most cases, diners complain of a sore throat after ordering such
the discourse on ancient grains but don’t whole idea of our special meals is to allow ITC Hotels, curated dishes from across the “The biggest problem was taste. They drinks. Sore throat, Raghav notes, is also caused by poor-quality ice and good bars
know how to cook with them. Chefs are our guests to make meaningful changes, were just boiling the millets, eating it as a pay extra attention to up their ice game.
trying to change that by curating special inspired by our recipes, in their daily porridge. We got local chefs together and “Good ice” has a few physical attributes. It should be crystal clear, an indication
sit-down meals to not just showcase the lives,” says Poornima Somayaji, founder of did a one-day workshop with them on of purity, and dense to avoid rapid melting. A single, large spherical ice cube or
diversity of millets in India but also create the Pune, Maharashtra-based food studio cooking millet dishes with local ingredi- ice sphere is used in whiskies, Old Fashioned and Negronis. For, spheres have a
awareness about the ways in which the Aragma, which hosts private dining expe- ents accessible across the state and with lower surface area than cubes and melt more slowly. Ice cubes are perfect for high-
recipes can be replicated at home. riences, even ticketed dinners. The menu minimal equipment,” says Zacharias. The ball style cocktail. “Good-quality purified water yields good ice. The surface has
I, for one, keep going back to the millet features modern cuisine cooked with Many people are keen to menu of 20 dishes, paired with local cur- to be smooth and it (ice) has to be stored hygienically,” explains Santosh Kukreti,
chicken biryani recipe shared on The local, everyday ingredients sourced from ries, gravies and stews, was served to an head mixologist at Slink & Bardot in Mumbai.
Locavore website by Janagiamma, a forests and farms around Pune. cook with millets but don’t audience that included millet growers, The upscale bar has an “ice programme” (a systematic process to make ice) and
leader from the Nilgiris’ Kurumba com- Somayaji and her team have included know how to. Chefs are trying government representatives and consum- is known for some of the best drinks in the city. It has an ice machine from a Japa-
munity. It is easy to make at home and several millet dishes in the Aragma menu, to change this, curating meals ers. “Interventions don’t need to be radi- nese manufacturer and sources ice from local suppliers too. One such brand, or
extremely flavourful. The Millet Revival including one made with Proso millet cal,” he says. “Small and sustained efforts supplier, is Mumbai-based Premium Ice. “A good bar invests in ingredients,
Project note on the website describes the milk, paired with pickled lotus stem,
and showing guests how to across different geographies make all the including good-quality ice. One block of clear ice takes time and that’s why there
project as an attempt to “facilitate a grad- spice-tossed confit yam, onion chives and replicate the recipes at home difference.” are entrepreneurs who make it now,” explains Jha. ChatGPT didn’t tell me this.
T
o find a teenager who likes to cook Aircraft, bibles on the subject. I liked to dently had no problem with spice, wolf- Is there anything, I asked Eva, that
is rare in these days of social perfect the shape of anti-aircraft missile ing down a spicy and typically Indo- she really wanted to learn to cook. She
media distraction. To find a teen- launchers, radar masts and main bow Chinese manchow soup that made even replied, “Manchow soup.” All right
ager who obsesses about perfecting guns on destroyers and of air-to-air mis- her Gujarati father blink. then.
something is rarer still, which is why siles, cockpits and insignia on fighters. This fondness for manchow soup was
Eva Bakshi’s culinary adventures got In the kitchen, I was obsessed with bewildering but somewhat familiar, EVA BAKSHI’S AVOCADO TOAST
my attention. omelettes, an obsession that continued since I have seen others from the dias- (I have reproduced her recipe verbatim.)
Under an uncharacteristically bright, into adulthood and a topic that was once pora express a similar affinity to spicy Butter and toast. Caramelised onions
blue and balmy April evening in Mum- the subject of this column. As Eva did offerings that were born in Chinese-In- fried with a little ginger and garlic (not
bai, Eva, a sunny 14-year-old from Cal- with her avocado toasts, I ate omelettes dian communities but were unknown to too much), lemon pepper seasoning and
gary, Canada, told me about her experi- over many months to finesse variants the cuisine of mainland China. chilli flakes; then avocado, a sprinkle of
ments with avocado toast, which and techniques. Like me, she appeared to like cooking feta, a little HP sauce (a British brown
sounded simple enough to put It isn’t what you make but how you for her family, especially her siblings, sauce that you can replace with pickle),
together—after all, what is there to do, make it that makes the difference to elder sister Maya and younger brother a softly fried egg laid over—pepper, salt,
really, than lather some creamy avo- what you cook at home, something that Avocado and poached egg toast on rye bread. ISTOCKPHOTO Janak. “Yeah, so the weekends I usually more chilli flakes.
cado on a toast? young Eva clearly understood. Read the make breakfast at home because I enjoy A squeeze of lemon and basil but it’s
What she made for herself after a recipe—which I have left in the original cakes and pancakes. She can make her little for petrol and food. So, I had to doing it and I can also make really good mostly for presentation, and, if you have
craving one day “wasn’t very good”, she form that she sent me, so you under- breakfast and pack her school lunch. cook on my little electric stove and a pancakes,” she said. “And my little goat cheese, add it.
told me, so she got to work, eating avo- stand her thought process—and you I like young people who like to cook pan, squatting on the floor next to my brother is obsessed with pancakes, so I
cado toast “every single day” for the will know what I mean. because I think it is important that bed, enjoying bread, eggs and sausage usually just end up making them.” The Our Daily Bread is a column on easy,
next week to perfect her recipe. Her I have previously acknowledged they contribute. More importantly, it is masala. other things that Eva cooked were inventive cooking. Samar Halarnkar is
approach to cooking was familiar: no being conflicted about young women a vital skill when you leave home. It But young women are expected to “breakfast stuff”, eggs and more, apart the author of The Married Man’s Guide
recipes, a dash of this and a dab of that. cooking, especially here in India. I am was for me when I did. As a rookie know how to cook in India, a distinctly from stir-fries. To Creative Cooking—And Other Dubi-
Put it all together and see what happens. delighted whenever my preteen reporter, I earned ₹1,800 in late 1980s unfriendly country for ambitious Her siblings, she said, did not really ous Adventures.
Teenagers can be flighty or dogged. I decides to cook. Her repertoire has Bengaluru: ₹800 went for renting a women who dare to break the shackles assist but big sister helped her clean up
tried to think what I was dogged about. grown from dosas and fried eggs to room and tiny bathroom, leaving very of tradition and conformity. So, while I “because I am really bad at it!” Cleaning @samar11
This PDF was uploade To Teligram channel_ LBS Newspaper platform (https://t.me/LBSNEWSPAPER) @LBSNEWSPAPER
SMART LIVING SAturDAy, 8 April 2023
New Delhi 07
1
handheld gimbals at weddings, a gimbal TAKE YOUR EYES OFF MOBILES: MARTIN COOPER
stabiliser counteracts shaky hands to cap-
Tushar Kanwar ture cleaner, steady images and videos. This week saw the 50th anniversary—on 3 April—of the first cell-
Vivo has led the charge in gimbal stabili- phone call ever made. Martin Cooper, father of the mobile phone
C
hinese maal.” Remember sation since the X50 Pro, and succes- and the man who made that call, says humans tend to be “a little
the widely-held stereotype sive iterations in the X60, X70 and obsessed” with the device. Cooper told AFP that we may look at our
that Chinese smartphones X80 series have only become better. mobile phones a little too much right now but in the future, “we can
were no better than knock- What if you want to go further? Many expect the cellphone to revolutionise education, it will revolutionise
offs of big-name brands, brands rely on a periscope-style zoom lens healthcare”. He believes future generations will find a solution to the
known for low-quality but highly mounted horizontally in a phone instead obsession with phones. “When television first came out, people were
price-competitive offerings? Today of a setup that protrudes out. Here’s a fun just hypnotised. But we somehow... managed to understand that there is
a slew of state-of-the-art smart- fact—despite the periscope zoom lens a quality associated with looking at a television…. Each generation is
phones and innovations are coming being associated largely with Samsung going to be smarter... They will learn how to use the cellphone more
from companies not named Samsung and and its Space Zoom, it was an Oppo- effectively. Humans sooner or later figure it out,” he told AFP.
Apple. At MWC 2023 and in the months funded prototype that first showcased the
since, Chinese smartphone brands have technology and the Huawei P30 Pro’s 5X
2
led the charge on introducing new tech in optical zoom that brought it to market in COULD AI GIVE US A FOUR-DAY WEEK?
smartphones. 2019, followed in 2020 by the Galaxy S20
Ultra. Today, with the S23 Ultra sitting Artificial intelligence
FAST CHARGING pretty, the forthcoming Oppo Find X6 Pro (AI) models like
This is one department where brands such and the Vivo X90 Pro+ hope to claw back. ChatGPT and Google’s Bard are
as Xiaomi and realme have stolen a march If you want your smartphone to recre- already doing many of the tasks
over the competition. Charging phones in ate the classic Hasselblad or Leica look, that used to be reserved for
under half an hour has become common- including their distinctive colour tuning humans. Nobel laureate Chris-
place and a blistering 100W charging pace algorithms and image processing, it’s topher Pissarides, a professor
is no longer considered extraordinary, really only the Chinese brands that are at the London School of Eco-
even as non-Chinese brands are barely forging meaningful partnerships with nomics who specialises in the
pushing 50W charging speeds. these iconic photography brands. Of late, impact of automation on work,
Fast charging is a habit-changing mod- brands like Xiaomi, Hasselblad and Zeiss believes the “ChatGPT revolu-
ern convenience, “a critical must-have for have moved beyond marketing partner- tion” opens the door to a four-day week by providing a major productiv-
premium smartphone users”, says Prabhu ships to co-engineer camera hardware/ ity boost for many jobs, reported Bloomberg. “I’m very optimistic that
Ram, head, industry intelligence group, at software and optics on phones like the we could increase productivity,” he said. “We could increase our well-be-
CyberMedia Research. “Seven in every especially above ₹10,000, and Chinese was the Tecno Phantom V Fold, a made in Xiaomi 13 Pro, the Find N2 Flip or the ing generally from work.... We could move to a four-day week easily.”
eight smartphone users feel that fast brands have been leading from the front India foldable with impressive specs—a forthcoming Vivo X90 series.
charging is key for their on-the-go lifes- to differentiate themselves by marketing 7.85-inch inner screen, 6.42-inch outer, Apple or Samsung don’t feel the need to
tyles, yet the average duration of charging these features aggressively.” 12GB/256GB of memory storage—all at an do this—they are strong enough on their
in a day is 66 minutes,” Ram adds. even more impressive price (₹77,777) own and have R&D teams to create their
Brands like realme and Redmi are FOLDABLES AND ROLLABLES when it launches in India next week. See- own signature look and colour algorithms.
already setting up the next arms race with Samsung may well be the established ing foldables become more affordable is
240W and 300W charging speeds, the leader in the foldables and the first step to the form factor becoming GAMING FEATURES
latter claiming to fully charge a smart- new form factor category more accessible, and with OnePlus Gaming phones may seem like an anom-
phone in under five minutes. but the buzz in recent slated to launch its foldable aly in an age when most top-shelf smart-
times has been around later this year, the market is phones can run practically every game
DISPLAYS brands like Oppo, Motor- only going to get hotter. without breaking a sweat but if you want
Premium flagship phones are full of the ola, even Tecno. The a gaming-focused phone, you would
latest display tech—quad-HD resolution Oppo Find N2 Flip has CAMERAS already know that a regular phone doesn’t
with 120Hz refresh rate panels—but the remarkably improved After championing the cut it in terms of ergonomics, accessories
situation in the budget segment isn’t as upon the screen crease cause of massive megapixel or gaming-specific hardware/software
rosy. Sample this—you want a phone with inherent to the foldable counts on smart- tweaks. With the exception of the ROG
quad-HD (1,440p) resolution for those screen form factor while phones—108 megapixels Series by Taiwanese brand Asus, practi-
sharp visuals and a fluid 120Hz display but adding in a useful pushing on 200 megapix- cally every gaming-focused phone over
you want an Apple or a Samsung. You are 3.26-inch cover display on els and beyond—the focus the past few years has come from China,
3
going to have to opt for a Galaxy S Ultra or the rear for selfies and has shifted to larger camera be it from Black Shark, Nubia or Poco. THE ‘ARTEMIS II’ ASTRONAUTS ARE HERE
an iPhone “Pro” model. quick actions and tasks. sensors. About time too, Not only do these phones pack in strong
What realme and iQOO have done is to At the MWC, Motorola since most of the big mega- performance-oriented processors and On 3 April, the US space agency Nasa and the Canadian Space
democratise access to high-resolution, showed off the Rizr, a pixel counts were still graphics, they also add in large vapour/ Agency revealed the names of the four astronauts who will per-
high refresh rate displays—you can pick chunky five-inch display restricted to sensors that liquid cooling chambers for better heat form a lunar fly-by as part of the historic Artemis II mission next year.
up a realme GT2 Pro (₹49,999) or an iQOO phone that rolls out to a were anywhere between dissipation, as well as hardware triggers The mission crew includes the first woman and first African-American
11 (₹59,999) if you want a phone that ticks 6.5-inch screen when you 1/2.55 inches and for in-game use. If you are the really com- ever assigned as astronauts to a lunar mission. Christina Koch, 44, who
off both spec boxes, and phones like the need a larger canvas for 1/1.31-inches, while typical mitted sort, there are optional cooling holds the record for longest continuous spaceflight by a woman and was
recently launched realme c55 offer a full videos or for reading an digital SLRs were any- accessories, thumb grips and gamepad part of Nasa’s first three all-female spacewalks, will be a mission special-
HD+ 90Hz display for as little as ₹10,999. e-book. There’s the Honor where between four-five attachments for added comfort in ist, while Victor Glover, 46, a US Navy aviator who has been designated
According to Navkendar Singh, an ana- Magic VS, which opens up times the size. extended gaming sessions. as the pilot of Artemis II, will be the first black astronaut on a lunar mis-
lyst at the market research firm IDC, “Fast like the Z Fold 4 into an Bridging this gap is the sion. The other two members are Jeremy Hansen, who is Canadian, and
charging and high refresh rate display are eight-inch tablet. But new Sony 50-megapixel Tushar Kanwar, a tech columnist and mission commander Reid Wiseman, a former US Navy fighter pilot.
the major criteria across price ranges, what piqued our interest IMX989 one-inch-type commentator, tweets at @2shar. —Compiled by Nitin Sreedhar.
IN INDIA
Biohacking, or the practice of using
science, technology, diet and lifestyle
changes to optimise human biology and
enhance performance, has a dedicated
following in India. Is it all hype or does it
really show results? Lounge finds out
Shrabonti Bagchi & Preeti Zachariah when he was based in the US. He started off by
reading books on age-reversal like Brain Lon-
f you were eavesdropping on con-
I
gevity: The Breakthrough Medical Program
versations in Indian tech circles at, That Improves Your Mind And Memory by
say, a café in Bengaluru or a swanky Dharma Singh Khalsa and Cameron Stauth,
pub in Gurugram, you would realise which became a cult hit in the tech and
there’s one hot topic common to finance community in the US in the late 1990s
these conversations apart from the usual and early 2000s. A couple of years ago, he
chatter about valuations and acquisitions: came across another book—A New Way To
how to optimise one’s health. Discussions Age: The Most Cutting-Edge Advances In Anti-
range from the benefits of Ashwagandha to aging by actor Suzanne Somers, that had a tions. The by-invitation-only programme have become go-to methods for achieving says, adding that he believes a biohacking
how modafinil helped someone pull several great impact on him. Balakrishnan was costs around ₹10,000 a month, plus an equiv- optimum weight loss and fixing associated approach could help people live a healthy,
all-nighters in a row, to how they are using intrigued by hormone theory—the theory alent amount in supplements and drugs. health risks. Take intermittent fasting (IF), for long, disease-free life. “It is about becoming
Indian fitness company Ultrahuman’s Con- that ageing is primarily caused by a drop in “It’s not a far-fetched claim. When you are example, a phenomenon that was practically the CEO or the boss of your own health.”
tinuous Glucose Monitoring (CGM) patch to the level of certain key hormones. And then, healthy, mentally and physically, you sleep unheard of even a decade ago but today is one So, who are these people who are taking
decide what to eat at their next meal. he was diagnosed with Type 2 diabetes at the well, wake up in a good mood, are at a peak of the most accessible biohacks, practised by health into their hands? How are they doing
Experts have noted that the pandemic has age of 41, while his son, then 10, was detected state of mind through the day…your work everyone from Bollywood stars to your it? And is biohacking simply another wellness
led to an unusual spike in interest in health as having abnormally high triglycerides in the improves, your relationships improve. You spouse or best friend. “I am the fittest I have fad or the key to exceptional longevity?
and fitness among Indians, and nowhere is bloodstream. are happier. This is a 360-de- ever been since starting IF,” says 40-year-old
this more noticeable than the early-adopting They got better after gree overhaul,” says Bala- Michelle Job, who eats only one meal a day. IN PURSUIT OF ETERNAL YOUTH
tech circles, always in search of the next great consulting nutritional krishnan, who is reticent In 2020, the Stockholm-based photogra- While the origins of biohacking remain
hack for not just getting their health in order biochemist Henry Osiecki about discussing exactly how pher moved to India and found herself somewhat nebulous, most roads seem to lead
but staying sharp and focused at work, (the founder of Biocon- this is achieved but reveals cooped up in her Hyderabad home during the back to Silicon Valley, where the trend
increasing productivity, beating stress and cepts, an Australian well- that it is a combination of pandemic. Job had never been an active per- appears to have mushroomed two-odd dec-
anxiety, and even aspiring to live longer; in ness company). Balakrish- nutrition, prescribing neuro- son and had always loved her food, so over- ades ago. Perhaps the best known of them all
short, in the words of health and fitness fanat- nan also discloses that he transmitters, adjusting hor- hauling her lifestyle completely would have is American entrepreneur and author Dave
ics everywhere, “be the best version of them- had cyclical depressive mone levels, fixing gut been difficult. Instead, she started taking Asprey, the self-declared “father of biohack-
selves”. episodes, for which his health, etc. baby steps towards a healthier lifestyle: using ing”. Asprey, the founder of Bulletproof cof-
Amura, a Chennai-based health and well- doctor had put him on Biohacking, the practice of walk-at-home videos to get in more activity fee—a beverage composed of coffee, butter
ness company, fits this health-as-a-service Selective Serotonin Reup- using science, technology and adopting an intermittent fasting sched- and oil containing medium chain triglycer-
model. Known as a company that has helped take Inhibitors (SSRIs). and lifestyle changes to opti- ule. Delaying a meal rather than denying her- ides (MCTs) that often complements diets
many startup founders regain control of their They did him no good, so mise human biology and self any particular food worked perfectly for like paleo, keto and intermittent fasting—has
health, with vocal champions like Fresh- he started treating himself enhance performance, is a her. She is 25kg lighter today, strength-trains no background in nutrition or medicine. His
works founder Girish Mathrubootham and with hormones and select rapidly growing field around regularly and has recently taken up running. expertise stems from the fact that he once
TVS Capital chairman Gopal Srinivasan, neurotransmitters and the world; some of the top “There isn’t one defined, agreed-upon def- weighed 136kg and got rid of the extra weight
Amura claims to tackle everything from dia- claims he benefited biohacking practices inition of biohacking. One can do this with by going on a low-carb diet. This, in turn, spi-
betes to conditions that require more precise immensely. include nutrigenomics, the supplements, drugs, technology, nutrition or ralled into a burning obsession “to uncover
interventions, such as adrenal fatigue, dysbi- In 2017, Balakrishnan, study of how specific nutri- science,” says Shebani Sethi, consultant chief the latest, most innovative methods, tech-
osis (an imbalance between the healthy and who had returned from the ents interact with our genes medical officer with the digital health and niques and products for enhancing mental
unhealthy bacteria in the intestine), and US a few years earlier, and how this interaction can wellness company HealthifyMe. and physical performance”, notes his website.
poorly understood diseases like small intesti- started Amura. It has hun- impact health and well-be- It is also a growing business. According to Over the last two decades, Asprey claims to
nal bacterial overgrowth (Sibo). It’s not alter- dreds of clients and enjoys ing; sleep optimisation; a recent report by Market Research Future, have spent nearly $2 million on this quest—
native medicine mumbo-jumbo either a special cache and trust in using biofeedback devices the global market for biohacking is projected think cold exposure, infrared bathing, stem
but“built on 100% evidence-based factual sci- the tech community in that monitor and provide to grow at a CAGR (compound annual growth cell injections and hyperbaric oxygen
ence”, claims its website. India, which probably real-time feedback about rate )of 19% from 2021 to 2028 and projected therapy—convinced that these
“It’s science that has not reached the main- helped it enlist around 100 physiological processes in to reach $63 billion (around ₹5.16 trillion) by practices will help him live for at
stream yet but yes, it is completely evidence- clients in a somewhat the body; the use of nootrop- 2028. And India isn’t left out of this. For least 180 years. In an August 2021
based, research-based,” says Amura’s experimental, a bit hush- ics, substances that are instance, India’s market for CGMs, a tool that video, the admittedly well-pre-
founder Saravanan Balakrishnan, who self- hush pilot health project, a believed to enhance cogni- can be used to “hack” metabolism, health and served 48-year-old talks about
identifies as a biohacker. “We have nutrition- comprehensive pro- tive function, memory and weight loss by controlling blood sugar levels, how the deep knowledge of 20
ists and weight-loss experts, and we also have gramme for “super-lon- creativity; and microbiome is poised to grow at a CAGR of 17% between years of working with the world’s
doctors who figure out a treatment protocol gevity”. This programme, optimisation. They range 2022-27. best anti-ageing researchers and
for our clients based on the latest scientific the company claims, can from relatively mainstream “People these days are looking for new scientists, “reading the papers,
research and cutting-edge medicine that is add 10-20 fit years to life, practices such as exercise ways to improve and optimise their health,” doing the work, and trying it
not being practised by the mainstream medi- lead to greater mental optimisation and intermit- agrees Rakesh Somani, co-founder of Decode myself” gives him the confidence
cal establishment for various reasons. Bio- clarity and energy, and make you look tent fasting to more extreme ones like cold Age, a Bengaluru-based longevity research to believe that he will make it to
hacking is a loose term—when it is practised younger than your cohort—it includes bene- exposure (taking cold showers, ice baths and company. Somani, an ironman triathlete and this age. “And that’s not the cap,
by an individual who is using cutting-edge fits such as changing the way you look by fix- cryotherapy, which is believed to have vari- a biohacker himself, ventured into biohack- that’s the floor,” he adds in the
science to fix things in their own body, that’s ing ageing markers such as hollow cheeks, ous health benefits, including improved ing as part of his fitness journey, discovering same video.
biohacking. When you have licensed medical droopy eyelids, dark circles, wrinkles and immune function, increased metabolism and that being healthy went far beyond the estab- Longevity is one of the key
practitioners doing it, it’s medicine.” puffy face—besides more obvious issues like reduced inflammation). lished practices of eating right and exercising. components of biohacking, say
Balakrishnan’s journey started with “hack- fatigue, exhaustion, anxiety, depression, People practise biohacking at all these lev- “It’s about optimising your body, mind and Somani and Balakrishnan, point-
ing” his own health almost two decades ago, headaches, migraines, insomnia and addic- els, and, gradually, many of these concepts soul. This became the mantra for me,” he ing out that since biohacking opti-
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R STORY SAturDAy, 8 April 2023
New Delhi 09
ISTOCKPHOTO
ISTOCKPHOTO
©SAHIBA CHAWDHARY
N
and (bottom) artisans at the Chanakya school.
look-who-I-met selfies at
the recent Dior show in his home in Kolkata’s Hooghly district.
Mumbai have stopped “The work is hard. You have to sit the
cluttering social media whole day and look at threads and beads
feeds, let’s look at that one person without so closely. You develop back problem, eye
whom this “historic moment” wouldn’t problem…,” says Shaikh who, too, wants
have been possible: the karigar. to be famous, to be known for his craft.
From the moment an Indian model “There’s a lot of poaching. Often designers
opened the luxury brand’s fall 2023 col- come and ask me to work for them despite
lection showcase on 30 March, walking knowing that I work with Rahulji.”
the cobbled path of Gateway of India in a Even more important than name and
black silk lungi dress and matching chap- fame, though, is security of work, liveli-
pals, it was clear what Dior was going to hood and earnings for the karigars. “This
serve: The work of the Indian craftsper- would mean giving them regular pay,
son, who spends 8-10 hours a day for health insurance and all required benefits,
months with his fingers dancing between something that many people (designers or
threads, beads and stones, to help create contractors) don’t do as much,” says
one outfit that may dazzle the world. Mishra, who employs 300 artisans
While the 99 looks of the artistic directly and over 1,000 artisans indirectly
director of Dior women’s wear, Maria across the country. “It’s a little difficult to
Grazia Chiuri,didn’t offer anything give face to 1,000 artisans who have
extraordinary in terms of style or silhou- worked on a garment but it’s definitely
ettes, flirting with clichés (Madras possible to give them fair pay.”
checks, toile de Jouy showing tigers and Collaborations like the Dior one
elephants), they made a strong point in (Mumbai’s Chanakya atelier and school of
celebrating Indian craftsmanship and yet craft has been working closely with Chi-
again turning the international spotlight uri for close to two decades; the fall col-
on the karigar, the artisan. It is a big deal, lection included works by their artisans),
even if some critics say the hoo-ha around Mishra says, remind the world that “fash-
the event was a massive marketing strat- ion designing is a community exercise
egy, even cultural colonialism. No other and you can’t move forward till everyone
major Western brand has ever included connectivity have enabled such access in around ₹400 a week. There are women moves along with each other”.
India in one of its seasonal calendars. No recent years. It becomes equally necessary who get ₹4 per shirt for removing extra The Dior show is also a wake-up call for
other brand has acknowledged the con- for self-appointed arbitrators to step down threads from it. Can you imagine the kind Indian designers to speak about the arti-
tribution of karigars so loudly. It’s an from speaking on their behalf. But ena- of stress such work puts on the eyes? All sans, believes Maximiliano Modesti,
open secret that luxury houses like Her- bling voices can also be often meaningless for ₹4. We need more unions, more col- founder of 2M atelier. “It starts from
mès and Chanel have been sourcing without giving them faces.” lectives made for artisans by artisans.” home. Until your homegrown brands give
embroidery from India for decades. It is also time for more brands to clearly credit to karigars and listen to what they
“It’s time we talked more openly about mention on their labels that the embroi- KNOWING THE MAKERS want, the change won’t happen.”
the hands behind the creations, the hands dery and the craft is from India and Even more than name and Fashion is an industry that offers a liveli- Kaul agrees. “I certainly think that
behind fashion,” Chiuri had said at a press acknowledge the role of the individual hood to millions of people across the Dior’s acknowledgement of the Chanakya
conference at Mumbai’s Taj Mahal Col- behind the art. fame, the artisan needs world. If you go by the figures from the school’s involvement in co-creating its
aba a day before the show. “People need Reema Kapoor, who has been a training security of work, livelihood India Brand Equity Foundation, a trust designs is important. I only hope that this
to know who are the hands behind the consultant with the Ahmedabad-based and earnings, which includes created by the Union commerce ministry, leads to other brands extending such
creations.” Self-Employed Women’s Association India is among the world’s biggest gar- credit.”
People also need to see their faces and, (Sewa) for 25 years, concurs: “Depending
health insurance, pension ment exporters, taking care of a textiles In the past, some homegrown brands
more importantly, hear their voices. For on the kind of work, people are earning and other benefits market worth about $250 billion (around have sent their artisans on to the ramp or
far too long, the karigar has remained ©SAHIBA CHAWDHARY/CHANAKYA SCHOOL OF CRAFT ₹20.5 trillion). Add the exceptional crafts- seated them in the front row. But this
faceless and voiceless. It’s time we manship of the 40-million plus karigars seems like mere tokenism when you learn
became aware of their wants, needs and and it’s easy to understand why luxury the karigars were not paid on time.
demands, hearing directly from them. It’s brands have outsourced a large chunk of people know this art? I am one of the lucky Over the past few months, whenever I
time they spoke about why they continue their embroidery work to India. few to come from such a background. have met an artisan, be it a zari worker or
to be in a profession that pays little but Mumbai-based Sharafat Sayyed, 36, is What I am most proud of is that I am help- a chikan karigar, and asked why they
results in clothes that sell for lakhs glo- one of them. His brothers, father and fore- ing create something that is being worn continue to work in a profession where
bally. fathers have always done hand embroi- internationally. The ‘Made in India’ tag is they don’t get their due, I have been get-
Can we, whether it’s an Indian or inter- dery. “That’s the only work I know. And going global in a way because of me. How ting two responses: “We don’t know any-
national brand, give them a platform to it’s clean; I don’t have to run around. We many people can say that?” thing else,” and, like Sayyed said, “It
express themselves so freely? just sit and work,” Sayyed, who has been When asked what else he would want, makes me proud of my legacy.”
“I have said this several times earlier— working since 2008, tells me in Hindi. he says: “More money and fame. The rec- I got a third response during a recent
the era of others representing the voices of He’s one of the 100-plus workers at 2M ognition will help me move forward, do trip to the Chanakya atelier, where I met a
karigars is over,” says textile curator Ateliers, which creates garments and better.” karigar from Bihar. “I smile a lot when I
Mayank Mansingh Kaul. “It is the respon- accessories for the world’s leading luxury I get a similar response from Afzal Said- work,” he says, doing aari work. “My work
sibility of the media to find ways to ask houses. He gets ₹25,000 per month for ullah Shaikh, 67, who has been a karigar brings me joy and I always think that if I
such questions to them directly, given that working eight hours six days a week. for over four decades. He’s currently smile while making something, the
social media, the internet and fast phone “There’s pride in my work. How many working for designer Rahul Mishra from wearer will smile as well.”
W
hat do you think is India’s con- continent. They have either been loaned its import in the 18th century. To present people were coming to India, especially
tribution to the fashion world? by museums like New York’s Metropoli- its contemporary interpretation, there’s a Delhi and Jaipur, discovering yoga,”
Is it our embroidery, which has tan Museum of Art and Toronto’s The Rahul Mishra dress that presents chintz in explains Shroff.
elevated the outfits of top luxury houses, Royal Ontario Museum, or belong to pri- an embroidery form. In between the zones, there’s a sprin-
including the House of Dior? Or is it the vate collections. That’s also one of the favourite zones of kling of costumes by Manish Malhotra,
fluid sari that has been reimagined repeat- What makes this exhibition unique is architect Rooshad Shroff, who has Abu Jani Sandeep Khosla and Sabyasachi
edly by designers like Yves Saint Laurent? that India has never hosted a show that designed the show with Patrick Kin- to reinforce their contribution to the
Perhaps brocade and the famous chintz brings together so many India-inspired month. “The past and present just stand Indian design story.
that continue to be visualised in different costumes under one roof. “It’s really the out so strikingly in this zone—and every- The show ends with three garments
shapes and styles? first time something like this has hap- Rahul Mishra’s latest couture collection at the Nita Mukesh Ambani Cultural Centre. thing is India-inspired,” says Shroff. “It’s from Mishra’s couture collection that he
It’s all of the above, and more. That’s the pened. An Indian can see India-inspired moving, actually.” presented recently at the Paris Haute
takeaway from the India In Fashion exhi- work that has walked the international they don’t even have 24x7 air-condition- collection: It’s a dress embroidered with Each zone has been designed to offer a Couture Week. The set behind and on the
bition, on till 4 June at the newly opened ramp. How often does the public get such ing.” She visited the exhibition on the first paillettes accompanied by matching leg- peek into the next zone. From the “Valen- floor where the mannequins stand repli-
Nita Mukesh Ambani Cultural Centre in a chance?” says Deepthi Sasidharan, an art day it opened to the public, 3 April. gings and “Armadillo” boots, a contempo- tino” zone, for instance, which houses the cates the moon. “That background signi-
Mumbai that “aims to preserve and pro- historian, a curator and founder director As soon as you enter the dimly lit space, rary take on the short kurta-pajama. Ten famous lehnga the luxury house made for fies how far Indian fashion has come,” says
mote Indian arts”, according to Nita at Eka Archiving Services, a cultural advi- which is divided into 10 zones ( like“The steps ahead, you are greeted by the chirp- Isha Mukesh Ambani, you can get a Shroff. “It also says how Indian design and
Ambani, the founder and chairperson. “I sory, who works on heritage and museum. Hippie Trail”, “The Long Shadow of Mus- ing of birds to suit the name of the zone, glimpse of “The Journey of the Sari”, craftsmanship have sealed their space in
hope our spaces nurture and inspire tal- “Just from the perspective of humidity lin”, “The Journey of the Sari”, “The Great “Gathered in a Mughal Garden”. With which investigates the story of the gar- the global world.”
ent, bringing together communities from and temperature control… this is the first Exhibition London 1851”; each zone has a about five costume displays, including a ment’s constant reinvention, from Paul
across India and the globe.” kind of a setup that allows suitable space dedicated background sound), you meet chintz dress made in 1750, the space docu- Poiret’s creation in 1922 to Schiaparelli’s India In Fashion is on till 4 June at the Nita
The exhibition, curated by Hamish for archival material. None of our national the Alexander McQueen Jellyfish ensem- ments how the Indian chintz, painted and in 1939, and, more recently, to Balenciaga, Mukesh Ambani Cultural Centre, Mumbai.
Bowles, Vogue global editor at large and museums has been able to do it till date; ble that graced his spring-summer 2010 printed glazed cottons, has long fasci- Madame Grès and Jean Paul Gaultier. Tickets start from ₹199.
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FOCUS SAturDAy, 8 April 2023
New Delhi 11
A gallerist
remembers
Sundaram
The ‘art warrior’ and archivist-artist never
stopped venturing into uncharted waters
PHOTOGRAPHS COURTESY CHEMOULD PRESCOTT ROAD
RETELLER OF
Vivan Sundaram at the Chemould Prescott Road office in Mumbai; and ‘Sailboat
And Oar Resting Against Tent’ (1992).
Shireen Gandhy
V
ivan Sundaram’s friends were used to getting updates twice a day on a
MEMORIES
WhatsApp vigil group formed five weeks before his passing. Vivan had
been fragile for so long, and had fought so many health battles, that it felt
natural that this was just one more fight, which he would get through. It was his
80th year and this “art-warrior”, as I like to think of him, had big plans. He had just
completed his project for the Sharjah Biennale curated by Hoor Al Qasimi and was
looking forward to the installation of his 1993/2014 work, Memorial, a recent
acquisition by Tate Modern in the UK.
There was also the Kasauli residency book, documenting the numerous art resi-
dencies the artist had organised between the 1970s-80s. To add to that, the very
active events roster of the Sher-Gil Sundaram Arts Foundation. There was no way
Vivan Sundaram always put people first—whether working on the family he was ready to go anywhere and he knew he had to battle it out. Vivan’s body,
however, had other plans. Life is not fair but this is one argument you cannot win.
history of the Sher-Gils or raising his voice against social injustice For me, the last week has been one of gathering memories. It feels like a daunt-
ing task. How does one recollect an intimate friendship and professional interac-
tions spanning several decades? One of the first solo exhibitions I ever witnessed
Avantika Bhuyan set up the Safdar Hashmi Memorial Trust, was Vivan’s in 1988. Titled Long Night, it featured dark textured charcoal land-
avantika.bhuyan@htlive.com or Sahmat, in 1989 after the activist’s mur- scapes of natural calamities. Many of his exhibitions in the early 1990s were held
der but also in conceiving programmes. at the Jehangir Art Gallery, including his swansong to traditional oil painting,
I
n the 1990s, artist Vivan Sunda- The first exhibition the trust organised soon after which he began his foray into sculptural installations.
ram moved away from the tradi- that year, Artists Alert, brought the arts His 1992 exhibition, Collaboration/Combines, of sculptural objects was a monu-
tional form of oil painting, find- community together and helped raise mental, multidimensional one. If I was new to this form of art, so was my (at that
ing it an isolating process. And funds. “It was also an act of solidarity. Art- time) 25-year-old gallery, run until then by my parents. Two nails on walls with
yet, to my mind, if there is one ists protested against what had happened strings is how we had managed until then! Never had we had to “install” art in that
work from his extensive oeuvre that offers by contributing their work. It was the way. And suddenly there we were, handling an operation! We called upon stu-
a glimpse into his subconscious, it is a beginning of Sahmat’s role in art activism dents from the Sir JJ School of Art to come to our rescue. I remember Bose Krish-
6x8ft oil painting from 1983-84, titled The and Vivan had a huge role in approaching namachari being one of those boys who helped us. It was truly a collaboration.
Sher-Gil Family. I saw it when it was dis- artists from across India for that,” says Compilations of postcards from friends, photographs by artists, writers, were
played at Delhi’s Kiran Nadar Museum of Rahman, who worked on involving pho- pasted within large granite structures. A combination of materials—paper sculp-
Art (KNMA) in 2018 as part of the artist’s tographers in what became one of the first ture pasted on finely painted wood surfaces, large paper columns, tents made in
retrospective, Step Inside And You Are No shows to place photography on a par with paper and painted with engine oil, and so on. It was for many of us a wildly exciting
Longer A Stranger. other art forms. Sahmat emerged as a plat- moment of possibilities! I have a memory of the students being a big part of this
It had a wispy, dream-like quality. form that used art to make statements. excitement, which undoubtedly percolated into their subconscious.
According to KNMA’s Roobina Karode, Many programmes, such as Postcards For I look back to that exhibition as a benchmark of how we would change track.
who curated the show to mark 50 years of Gandhi and Gift For India, were concep- Vivan opened the doors for us to welcome other artists, who began to work in
the artist’s career, the women of the family tualised by Sundaram. mediums other than two-dimensional paintings. In my 20s, I felt like I was on to
could be seen sitting in one room, yet they “At that time, Shamshad Hussain, I and something new in the art world. I can now say, unequivocally, that Vivan was the
seemed isolated, trapped in thoughts of some others were collectively discussing trailblazer in all this. This was the beginning of a new chapter for him—working
their own. The artist’s late aunt, Amrita and conceiving ideas but the energy that with mediums like engine oil, or cast sculpture as he did for the seminal work
Sher-Gil, was shown in the foreground, in Vivan brought was fantastic. Whenever Memorial, the first fully realised installation by any Indian artist—and there was
the middle of the act of painting. And yet, there was a sense of injustice—for no stopping him. He would dream and he would make. There were no hesitations.
Karode feels that instead of the canvas, her instance, the attacks on (the late artist But in all this was also Vivan the
gaze was directed at the viewers, as if urg- M.F.) Husain, Vivan would get very agi- activist. Something was brimming
ing them to come closer and investigate tated. He would immediately call and say, within him and those around him. In
the scene further. Sundaram, who died ‘We have to do something’,” reminisces the 1990s, art and politics were con-
last week, placed himself in the work as a Rahman. They would organise meetings, verging in a very real
young boy whose shadow was reflected in write letters to the President, and more. way. In fact, Vivan had
a mirror. A pistol on the table enhanced Sundaram, Rahman and other Sahmat been doing that years
the sense of melancholia and impending members actively took their concerns to before with his draw-
doom. Karode had long conversations the political leadership of the day. ings on the Emer-
with Sundaram at the time about the mel- “Be it any issue—the attacks on students gency, or The Heights
ancholy in the family and the preoccupa- in Vadodara or ban on film screenings Of Macchu Pic-
tion with death. across India—he would immediately call chu (based on
Sundaram spent decades understand- and discuss what could be done. He played Pablo Neruda
ing and retelling the complex family his- an important role in keeping the commu- poems). It was Vivan
tory of the Sher-Gil-Sundaram family—of nity aware and alert to things that were who introduced us to Sahmat,
his grandfather, scholar-photographer going on. He was in touch with student the art-activism collective started in
Umrao Singh Sher-Gil, aunt, Amrita, and groups across the country through Sah- Safdar Hashmi’s memory. India was at a tipping point in the early 1990s with the
mother, Indira. This took the form of pro- mat and his call for collective action kept demolition of the Babri Masjid. For us at the gallery, the inclusion of our activities
jects such as Re-Take Of Amrita, a series of publishing Amrita Sher-Gil’s letters to creat- (top) An installation shot from ‘Vivan the art community together in a progres- with Sahmat, and the artists we engaged with, began to reflect our identity as that
black and white digital photomontages ing digital montages, he was trying to col- Sundaram, A Retrospective: Fifty Years; sive space,” says Rahman. In recent years, of a gallery-activist.
based on archival photographs taken by lapse notions of time and space. “The Step Inside And You Are No Longer A with his health failing, Sundaram was una- However, let me take you back to the personal space. I have not yet mentioned
Umrao Singh Sher-Gil, and the installa- archive was central to his work, as he was Stranger’, 9 February-20 July 2018, ble to attend meetings physically, yet he the other pea in the Sundaram family pod—his wife, lover, intellectual partner,
tion series The Sher-Gil Archive. In fact, the always trying to create an archaeology of curated by Roobina Karode; and was part of the statement signed by 75 art- writer (and often title-giver), and his curator: the inimitable cultural theorist
archive went on to become his favourite images. I found a similar resonance in his ‘Eclipse’ (1991), charcoal on paper, ists, writers, researchers and others Geeta Kapur. She also happened to be Chemould’s guest curator. In fact, the gal-
subject. “He had not even been born when drawings, be it the ones done in graphite, enamel on acrylic sheet, from the against the redevelopment of the Central lery had the distinction of being the only private gallery that she curated six exhi-
Amrita passed away. I find it fascinating, charcoal or the Engine Oil series,” she adds. collection of the Chhatrapati Shivaji Vista in Delhi, especially when the pan- bitions for, especially to mark its 40th and 50th years.
his obsession with a person who had Born in Shimla, Sundaram studied at Maharaj Vastu Sangrahalaya. demic was raging. While Geeta was the curator for the shows, it will be difficult to separate her art-
departed young, and his reliving of that the Faculty of Fine Arts, Vadodara and at Rahman notes Sundaram’s engage- ist-partner from the process. Vivan was the vital piece to our symphony, without
through the archives,” says Karode. the Slade School of Fine Art, London. He ment with student groups. His interest in which none of this would have been possible. He held a mirror, was that person
In the show, Sundaram placed portraits moved away from conventional painting the practice of the younger generation that we bounced ideas off, the one she would confer with on exhibition design,
of his father and a two-channel video of his after the outbreak of the Gulf war in 1991. impressed Karode too: “I don’t think I can and also the one who carried her bag! He was with her every step of the way.
mother playing the piano. There were with a series of 40 drawings, Engine Oil say this of any artist, who has been more I look back at those times of working so intensely on exhibitions together—the
black boxes with photographs of family And Charcoal. However, certain aspects of committed to taking on conversations privilege, the joy, the heartburns (at times) and the sheer knowledge that one
members who had died. And right at the his painting remained when he took to with, and critiques of, the emerging artists gained from the combined forces of Geeta and Vivan.
centre of the room was a cabinet, featuring multimedia—be it installation, sculpture, across generations. He was a visiting fel- Much has been said about his engagement with his new body of work, titled Six
a closed briefcase. “He had an intense pre- video art or photo archival work. Karode low at Jamia Millia Islamia and conducted Stations Of A Life Pursued, made for the Sharjah Biennale 15; his childlike curiosity
occupation with objects that had survived finds threads of continuity that connect workshops for students. But most impor- to continue to explore, to imagine, to jump into unknown terrains once again—
their owners. Some of the boxes, which he his paintings and installations—such as tantly, he was always there for them. If translating ideas to those who would be his collaborators. Eventually, my being
had shown earlier in Re-take Of Amrita, building and assembling disparate forms, younger artists called him to their shows, in Sharjah for the opening of the event in February 2023 (sadly, without Vivan),
featured little combs. But this box lying or working with signs and symbols that he would make it a point to be there.” witnessing these conversations coming to fruition, was a moment of reckoning.
shut was quite telling in itself—it was this come together in different spatial frames. In fact, he started the Sher-Gil Sunda- The Vivan who was still able to combine the personal, the public, the collabora-
idea of inaccessibility and retrieval which This breaking of the mould was a radi- ram Arts Foundation in 2016 not just to tive, took me back three decades, to the installation of Collaboration/Combines.
preoccupied him and his frequent turning cal move at the time. “The paintings, espe- carry forward the legacy of the family but On 27 March 2021, he sent me a random message, and I quote: “Have you read
to the archive,” says Karode. cially the ones he made when he was part also to support artistic and cultural prac- ‘X’s’ piece on the edit page of The Indian Express today, directed to you as the big
Nalini Malani is perhaps the other artist of the student protests in London (1968), tices that deal with historical memory. guns in the world of fast-moving digital global commons for the smart young art
from that generation who moved towards helped me in understanding how he took Founded on the tenets of secular freedom makers, who can promote their art without galleries? He is singing your death epi-
a multimedia practice, yet Sundaram’s a direction so different from that of his col- Sundaram set up the Sher-Gil of expression, it has offered grants to art- taph (mine included). Love to you and Kurush, Vivan.” The piece was about NFTs
oeuvre is very different, entrenched as it is leagues and friends,” says Karode. ists such as Prajakta Potnis and Shrujana (non-fungible tokens). When I think back, I would bet anyone’s money that if
in memory. In rough notes, penned while If Karode has memories of the emotional Sundaram Arts Foundation Niranjani Shridhar, co-founder, Dalit Vivan had had the time and energy, he would have been in that NFT space before
conceptualising the retrospective, Karode persona behind the prolific and articulate not just to carry forward his Panthers Archive, in the past. any other. That was him, ever ready to plunge into uncharted waters.
had written four words: recycle, retake, artist, artist/photographer Ram Rahman family’s legacy but to support Potnis, the second artist to be awarded I have no doubt that you, Mr Sundaram, are going to continue to wave your
retrieve and reiterate. And now that she remembers just how quick Sundaram was a grant for photography, recalls Sunda- wand. And we mortals you leave behind will continue to breathe the legacy you
looks back, it definitely felt that Sundaram to stand up against social injustice. In fact,
cultural practices that deal ram’s involvement every step of the way, have so richly laid the path for. Goodbye, my brave art warrior!
was focused on the retrieval of time. From he played a crucial role not just in helping with historical memory “It was a very inspiring process.” Shireen Gandhy is the director of Chemould Prescott Road, Mumbai.
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12 SAturDAy, 8 April 2023
New Delhi BUSINESS LOUNGE
Ashok Maheshwari
THE LEGACY BUILDER The chairman and MD of the publishing house Rajkamal Prakashan on why it’s an exciting time to be a
Hindi reader, ironing out issues with marketing and sales, and starting a series of programmes
Illustration by Priya Kuriyan
Vangmayi Parakala
vangmayi.parakala@htlive.com
I
miss it twice but take one more
round of the block in Delhi’s
Daryaganj, wandering again into
a by-lane filled with tikka and
kebab shops that opens into a
sludgy back lane. Surely, the office of one
of the biggest Hindi language publishing
We have five-six
houses in India, one whose writer won the
International Booker Prize no less, should
announce its presence with some fanfare?
Apparently not.
generations of
To rescue me, someone from Rajkamal
Prakashan descends from a little opening
between a row of narrow buildings and
authors currently
waves me up a cramped staircase. As we
reach the landing, a stream of white light
behind a glass sliding door illuminates the
many stickers and posters on it. One
associated with us....
clearly stands out: a flyer of the 2022
International Booker Prize win for Geet-
anjali Shree, the 65-year-old Hindi writer.
There isn’t a writer
Rajkamal Prakashan first published
Shree’s Ret Samadhi, translated into
English as Tomb Of Sand by Daisy Rock-
well, in 2018.
in Hindi who has
This is the only giveaway to Rajkamal
Prakashan’s role in making history. The
win opened up a new world for Indian lan-
guage book publishing. Having coincided
not been published
with the beginnings of a more mainstream
market for translations within the Indian
English publishing landscape, the award
by Rajkamal...
also became a moment for the Indian lan-
guage publishing industry to see itself and
its work a little differently.
But Rajkamal Prakashan, the Hindi lan-
guage publishing house that is celebrating
its 75th year of operations this year, and
whose journey runs almost parallel with
the journey of independent India, shows
off its part in this global achievement in
the only way most Indian families would
show off their children’s laurels: in an
almost overlooked yet “no-of course-we-
remember!” kind of way, important
mementos endearingly jostling for space
with smaller wins and everyday things.
Headquartered in Delhi,
the Rajkamal Prakashan
Samuh acquires 300
new titles every year and
prints about a million
copies of all its books
m MINT SHORTS
Avaada Energy bags 421 MW solar
Govt on alert after big Covid spurs
Indian cos to
project from Damodar Valley Corp
New Delhi: Renewable energy company Avaada Energy said it has
bagged a 421 MW solar project from Damodar Valley Corporation
(DVC). The project was awarded through a competitive bidding
jump in covid-19 cases boost CSR
spending
followed by an e-reverse auction in which Avaada emerged as the
winner with a quoted tariff of ₹2.70/kWh. The plant is expected to FROM PAGE 16
generate about 750 million units green energy annually which will
reduce 698,250 tonnes CO2 equivalent emissions. PTI India reported single day jump of 6,050 covid-19 cases after six months taken in subsequent years. All
The company will cover all major these have likely contributed
SUV sub-segments. BLOOMBERG to the overall increase in CSR
Former Andhra CM Kiran Reddy Priyanka Sharma of precaution dose vaccination of all eligi- spending in FY21.”
joins BJP, slams Cong leadership Maruti priyanka.sharma@livemint.com
New DelhI
ble population, especially of the elderly
and vulnerable population group.
FY21 witnessed economic
devastation following the first
India has achieved over 90% coverage harsh lockdown India
Suzuki eyes
I
ndia, on Friday, reported a single-day of primary vaccination which stands at imposed in March 2020 to
jump of 6,050 new covid-19 cases over 2.2 billion administered vaccine fight the pandemic.
‘
invasion of Ukraine.The Food and Agriculture Organiza- now picking up. is also increasing, while light and expected, which is May. monsoon season, which have been on target, but it
tion’s (FAO) price index, which tracks the most globally With its four SUV products, moderate rainfall frequency is Rainfall is increasing in some What is your take on this? could be a has not been
traded food commodities, averaged 126.9 points last month Maruti Suzuki will cover all decreasing. Due to it, the total regions and decreasing in How is it going to impact the major factor. able to bring
against 129.7 for February, the agency said. REUTERS major SUV sub-segments in number of cyclones is also fall- other parts of the country. HT southwest monsoon? These influ- El Niño conditions that accu-
the market, but it does expect ing, but intense cyclones are We go by our predictions. El ence rainfall. are neutral. We racy to long-
the formation of new sub-seg- increasing. or one season. This is variabil- Niño conditions are neutral. We This is called predict that there term fore-
US adds a healthy 236,000 jobs in ments in categories which Weather trends show dry ity. The climate varies, and it predict that there could be El intra-seasonal
could be El Niño
casts. Are you
have big markets, like the mid- regions in India such as will go on in the future. Climate Niño development in July-Sep- variations. working on
March despite Fed’s rate hikes SUV segment. west Rajasthan, central change is measured at least by tember. It is not like the weather Typically, development in improving
Washington: America’s employers added a solid 236,000 jobs “We are covering the mar- Maharashtra are getting the data of 30 years. You can go would be very bad due to El east and July-September your long-
in March, suggesting that the economy remains on solid footing ket in a good way. However, more rain in recent years through the trend of 30 years Niño. Considering the total northeast t e r m
Mrutyunjay Mohapatra
despite the nine interest rate hikes the Federal Reserve has one interesting segment that’s while wet regions like and see whether the frequency number of years, about 60% of El India and Director-general, IMD
weather
imposed over the past year in its drive to tame inflation. The unem- emerging in the mid-SUV Andaman and Nicobar of such weather conditions is Niño years had inadequate rain- some parts assessment?
ployment rate fell to 3.5%, just above the 53-year low of 3.4% set in space is that of a three-row Islands are getting less rain. increasing. fall. El Niño is not the sole factor of central There are
January. At the same time, some details of Friday’s report from the SUV, where some of our com- What are the reasons Rainfall is increasing in for bringing dry weather. There India witness thunder- limitations of science, not only
Labor Department raised the possibility that inflationary pressures petitors have launched new behind such changes in some regions and decreasing are many others. All drought storms accompanied by in India but also globally. Predic-
might be easing and that the Fed may soon pause rate hikes. PTI products. We will examine and weather? in other parts of the country. years are El Niño years, but all El strong winds and torrential tions are made by certain mod-
take a decision in the future, There is a trend of western The frequency of heavy rainfall Niño years are not drought downpours in March-April. els, which are based on mathe-
but right now, we are very Rajasthan and Saurashtra wit- is increasing in central and years. In 1997, we had a very This March, we saw heavy matical equations. These math-
Tesla slashes prices of entire focused on establishing these nessing more rainfall as far as south India. good monsoon despite El Niño. spells and thunderstorms ematical equations are solved
products,” Srivastava said. the monsoon season is con- Variations occur in day-to- Therefore, we should not pre- throughout India due to with high-performance com-
model lineup , third cut this year Maruti Suzuki is focused on cerned, while rainfall over day life because of the weather dict anything hypothetically. western disturbances. What puters and thus enhance predic-
Detroit: Tesla cut prices on its entire US electric vehicle model enticing the young SUV buyer north-eastern states such as system. Unseasonal rains and The forecast for El Niño is still in causes such disturbances, tions. However, that may not be
lineup for the third time this year in an apparent effort to lure more to its fold through its refreshed Bihar, Jharkhand and east heat waves are weather varia- the initial stage. There are some and how bad could their accurate.
buyers amid rising rates.The cuts that appeared on Tesla’s website, product range to regain the Uttar Pradesh is decreasing. bility and cannot be attributed spring barriers in El Niño predic- impact be? Gradually, it is improving and
on Friday, ranged from $5,000 per vehicle for Tesla’s more expen- market share it has ceded to When you talk about climate to climate change. tions worldwide. Henceforth, There are active western dis- coming nearer to exact, leading
sive models, the S large sedan and the X big SUV. AP rivals in recent years. change, it is not about one year Shall we see a good south- the forecast of El Niño that will turbances, circulations, and to less number of errors.
Bosses are keen on hiring older people Economists expect longer rate Temasek unit
takes control
FROM PAGE 16 pause even as RBI doesn’t commit
beach volleyball champion workers, age-discrimination
Kerri Walsh Jennings, who complaints to the Equal
tions for flakiness, Mr. Taylor
says. of Manipal for
gram for what it calls have made comebacks and Employment Opportunity He adds that young peo-
“mature” workers in 2021 excelled long past their pur- Commission dropped 45% ple’s approach to work isn’t FROM PAGE 16 rise more than expected, it fore- ₹16,400 crore
after hearing clients’ con- ported primes. from 2011 to 2021. That’s necessarily worse. Plenty are casts two repo rate cuts of 25 bps
cerns about labor shortages Ms. Walsh Jennings, 44, partly because claims are hard hard-charging, and those who research note on Thursday. each in Q1 and Q2 of 2024. FROM PAGE 16
and high turnover, says Lau- aims to qualify for a sixth to prove and lawyers are often dial down the intensity can It expects inflation to remain Others also seem to suggest
rel McDowell. Ms. McDowell, Olympics next year, after sit- reluctant to take borderline improve their health and hap- in a broad range of 5-5.6% in that RBI has paused for good, at acquired Columbia Asia Hospi-
69, came out of retirement to ting out the 2020 cycle. She cases. Johnny C. Taylor Jr., piness. While balance may FY24. Inflation, it said, is likely least in the current cycle, and it tals for ₹2,100 crore in April
rejoin her former firm and tells me it’s natu- chief executive of strike some as lazy, others see to remain at sub-5% in April- would need more than a nudge 2021, taking its bed count to
lead the initiative. ral to question People 55 and the Society for refreshing groundedness—or June, albeit driven by favoura- for it to restart hiking the repo over 7,000. In July, it acquired
Older workers can be good whether you’ve older are the Human Resource well-founded skepticism of ble base effects. “Hence, MPC is rate. “We think the bar set for Multiples PE-backed Vikram
fits for businesses focused on still “got it,” but fastest-growing Management, the idea that hard work pays unlikely to see the need to hike further rate hikes is quite high, Hospital for ₹350 crore, giving
retention, she says. Young adds it’s impor- segment of the says the decline off. further unless inflation once and based on our own growth Manipal access to an additional
professionals don’t necessa- tant to let per- also signals a Still, old-fashioned grind- again moves above or closer to and inflation forecasts, we do 300 beds. Last month, Manipal
workforce,
rily job-hop more frequently formance speak meaningful ers appeal to employers. the upper threshold of the man- RBI projected real GDP growth not expect any more rate hikes Health also acquired AMRI
than their predecessors did at for itself. according to reduction in age “With the economy slow- dated band of 2-6% (with 4% as for 2023-24 at 6.5%. HT from the RBI in this cycle,” said Hospitals from Emami Group
the same career stage, but “I see these federal data discrimination. ing down, companies need the medium-term target),” it Kaushik Das, chief economist, for around ₹2,800 crore.
people tend to value stability amazing athletes There is no fewer people and need the said. RBI projected real GDP band) for the rest of the year, and India and South Asia, Deutsche Manipal Health Enterprises
as they age, she observes. who are signifi- official measure people who are there to be OK growth for 2023-24 at 6.5%, now expect the RBI to remain Bank. Das wrote that if El Nino reported net sales of ₹3,975.2
“We’re generally not look- cantly younger and very hun- of discrimination claims on with working hard,” Mr. Tay- slightly higher than the 6.4% on hold till end-2023 (as against or other weather disruptions crore on earnings before inter-
ing for the next move,” Ms. gry, and I wonder: Can I do the basis of being too young lor says. “Instead of trying to projected in February. Mean- our earlier forecast of a 25-bps lead to a sharp spike in food and est, tax, depreciation and
McDowell says of her age this? Am I crazy to even think because federal law protects convince younger genera- while, the central bank lowered rate cut in the December policy overall headline CPI inflation in amortization of ₹1,030.3 crore
cohort. “Frequently you can about it?” she says. “But [last only workers over 40, but tions to be something differ- its consumer price index (CPI) meeting) while maintaining the coming months, then Deut- in the year ended 31 March
get us for a very reasonable month] I was in Miami com- human-resources depart- ent, some companies are say- inflation expectation for tight banking system liquidity,” sche Bank would assess the 2022, according to data
cost.” peting, and it took me two ments frequently field griev- ing, ‘Why don’t we just go hire 2023-24 to 5.2% from 5.3%, esti- Goldman Sachs said in a report. need for incremental rate hikes. research platform VCCEdge,
Some un-retirees say they minutes to be like, no, I got it. ances from millennials and people who are naturally pre- mated in February. The Goldman report said that Otherwise, it does not see the owned by HT Media, the pub-
draw inspiration from ath- I belong here.” Gen Zers who say they’re disposed to work harder?’” “We expect headline CPI while there is some risk of justification for further rate lisher of Mint.
letes, such as quarterback While ageism remains a unfairly passed over because ©2022 DOW JONES & inflation to come in below 6% renewed tightening in this cal- hikes beyond what has already ranjani.raghavan@live-
Tom Brady and Olympic barrier for some graying of their generations’ reputa- CO, INC (the upper end of the target endar year if commodity prices been delivered. mint.com
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14 SAturDAy, 8 April 2023
New Delhi NEWS LIVEMINT.COM
Unseasonal rains
to impact wheat
Shipping ministry to exceed
output this season 4-yr asset monetization aim
Puja Das
puja.das@livemint.com
NEW DELHI
Goal is to raise ₹6,760 cr this fiscal year through the development of berths and terminals The new power plant is
I
ndia’s wheat production is situated in Jharkhand BLOOMBERG
estimated to fall to 102.8 mil-
lion tonne (mt) this season as
unseasonal rains and hail-
Rituraj Baruah & Subhash Narayan
NEW DELHI
Adani opens
storms in March led to wide-
power plant
T
spread crop losses, according to he union ministry of ports,
Agriwatch. This marks a down- shipping and waterways is set
ward revision from the 104.2
mt forecast made by the agri- Wheat production is likely to
cultural research agency on 9 fall to 102.8 mt this season MINT
to widely surpass its four-year
asset monetization target of
₹12,828 crore ahead of the
for supply to
March.
To be sure, wheat output agriculture ministry will assess
deadline thanks to robust awarding of
projects under the public-private part- Bangladesh
would still be higher compared the crop and issue the third nership (PPP) model.
to 97.6 mt last season due to advance estimate in May, as In an interview, union minister for Mayur Bhalerao
increased acreage, according to scheduled every year. Unveil- ports, shipping and waterways, Sarba- mayur.bhalerao@livemint.com
the findings of a field survey ing the report, Ashok Kumar nanda Sonowal said the aim is to raise ₹ MUMBAI
conducted by Agriwatch in col- Meena, chairman and manag- 6,760 crore this fiscal year through the
A
laboration with the Roller ing director, Food Corporation development of berths and terminals at dani Power Ltd opened
Flour Millers Federation of of India said the agency has so major ports under the PPP initiative. a new power plant in
India. The survey report esti- far procured 700,000 tonnes He said 20 projects worth close to Jharkhand that will
mated that wheat crop for of wheat compared to less than ₹7,000 crore would be put on the block supply electricity to Bangla-
2022-23 (Jul-Jun) would be 200,000 tonnes in the corre- for monetization this fiscal. This would desh.
less than the government’s 112 sponding period last year. Most help the ministry exceed the monetiza- Adani Power, said in a regu-
mt estimate. The survey was of the quantity has been pur- tion target set for the sector under the latory filing on Friday, that Unit
carried out in two phases across chased from farmers in MP. National Monetisation Pipeline (NMP) 1 of the new plant has begun
nine states—Bihar, Gujarat, “If the wheat procurement of ₹6 trillion finalized by the finance operations with a capacity of
Haryana, Madhya Pradesh, estimated target of 34 mt is ministry in 2021, he added. In the first two years of monetization (FY22 and FY23), the ministry of ports had monetized ₹10,519 crore of assets. B4LOOMBERG 800 MW. This is part of the
Maharashtra, Rajasthan, Pun- met, the government will have Most of the current year’s monetiza- 2x800 MW ultra-supercritical
jab, Uttar Pradesh and West adequate quantity to run open tion would involve developing a new crore in terms of value that year. under the monetization process, includ- trillion, and till FY25, the government power project of Adani Power
Bengal. It found market sales berth at the Deendayal Port (Kandla, In FY23, about 24 projects valued at ing additional berths, mechanisation, seeks to monetize assets worth ₹6 tril- (Jharkhand) Ltd (APJL),
that 38 districts in 38 districts in operations Gujarat), setting up a container terminal ₹12,550 crore were scheduled for award, development of oil jetty, container jet- lion under the NMP. according to the filing.
MP, 10 in UP, five MP, 10 in UP, (OMSS) to ensure at Haldia Dock Complex of Shyama out of which approval was accorded to ties, operation and maintenance of con- In FY22, transactions worth ₹ 96,000 APJL, a wholly-owned unit
in Haryana and 21 five in Haryana price stability,” Prasad Mookerjee Port (Kolkata, West seven projects by the government by tainer terminal, operation and mainte- crore under the NMP were completed, of Adani Power, has a 25-year
in Punjab were and 21 in Meena said. “The Bengal), and plan for a dry dock in Vadi- December. The latest report shows that nance of international cruise terminal largely backed by shipping, coal and power purchase agreement
affected due to first priority of the nar (Gujarat). assets worth ₹9,544 crore were mone- and development of marina. The pri- mining assets, exceeding the target of ₹ (PPA) to 748 MW from Unit 1 to
Punjab were
heavy rains. This government is In the first two years of monetization tized under nine projects awarded mary model for monetization of ports 88,000 crore. The NMP has been the Bangladesh Power Devel-
may result in a affected due to distributing (FY22 and FY23), the ministry of designed for a dozen infrastructure opment Board.
slight fall in wheat heavy rains grains under the ports had monetized ₹10,519 crore SPEEDING UP line ministries and are spread across Meanwhile, the second unit
yields to 3 tonne public distribu- of assets, involving a dozen projects, 20 asset classes. The announcement of 800 MW is in the final stages
per hectare, from tion system, and as against a target of ₹4,936 crore. 20 projects worth THE monetization THE ministry has a THE primary model was made in the FY22 budget with of completion and is expected
3.03 tonne a hectare. the second responsibility is to This was more than two times the close to ₹7,000 crore plan includes a berth pipeline of 81 projects for monetization of
would be put on at Deendayal Port, a worth over ₹42,400 cr ports and shipping
Niti Aayog given the mandate to to be commissioned soon, the
Agriwatch projected that curb price volatility in the mar- target for the two-year period. the block for terminal at Haldia, a to be awarded on PPP assets is by way of develop it. The ambitious asset company said. On 8 February,
wheat availability in India will ket.” He added that the govern- Sonowal noted the strong per- monetization in FY24 dry dock in Vadinar mode till FY25 grant of PPP monetization plan was announced Adani Power reported its con-
be 5.2 mt higher than the previ- ment has received requests to formance of his ministry in terms of to boost financial resources for the solidated net profit plunged
ous year, despite the inclement relax norms in wheat procure- asset monetization in the past two fis- National Infrastructure Pipeline. 96% from a year earlier to ₹8.7
weather. The government ear- ment from Punjab, Haryana, cal years. In FY22, the Centre approved 13 under the PPP mode last fiscal. and shipping assets is through grant of India’s maritime sector offers signifi- crore in the quarter ended 31
lier said that 7 mt of additional UP and Rajasthan. A team is projects worth ₹6,944 crore, and accord- The ministry has a pipeline of 81 pro- PPP concessions. cant scope to the government for asset December 2022 (Q3FY23),
wheat would be available examining samples, and based ing to a year-end review report released jects totalling more than ₹42,400 crore, Shipping has been among the few monetization. India has 12 major and from ₹218.5 crore a year earlier.
domestically as a ban on wheat on its assessment, the govern- by the ministry for 2022, seven projects to be awarded on PPP mode till FY25 departments along with coal and mines over 200 non-major ports situated Consolidated revenue from
is already in force, and it is ment is expected to take a deci- worth ₹ 5,278 crore were awarded and even though the target under the NMP ministries, which have exceeded their along its 7500 km long coastline and a operations, however, jumped
hopeful of a record wheat pro- sion by either Monday or Tues- others were in various stages of bidding. is just over ₹ 12,000 crore. monetization targets last fiscal. For vast network of navigable waterways. by 45% to ₹7,764.4 crore from
duction of 112 mt. However, the day. Finally, monetization achieved ₹ 975 According to the NMP, assets put FY23, the Centre had set a target of ₹ 1.62 rituraj.baruah@livemint.com ₹5,360.9 crore a year ago.
Lenders may India, Mexico exploring free trade agreement: Envoy Leap India targets
extend process
for resolution
Shashank Mattoo &
Rituraj Baruah
up to ₹500 cr deals
Lotfe said joint ventures
between Indian and Mexican
entrepreneurs from both at specific investments by
countries? Indian firms in Mexico or
firms on lithium research Well, that has not been a pro- vice-versa?
of RCap matter NEW DELHI should be realized over the posal so far, but it certainly is That may be the case in the Priyanka Gawande which will, in turn, help
medium term. Edited excerpts: not ruled out. So far, we have future. We have just taken the priyanka.gawande@livemint.com improve the turnover,”
PTI
I
ndia and Mexico have linked the Mexican startups first step in that direction. The MUMBAI Mathew said. Meanwhile, Leap
feedback@livemint.com launched studies to explore India and Mexico have a with some of the Indian start- question of investments is India is gearing up for an initial
A
NEW DELHI the potential for a free-trade growing economic rela- ups. We have also been in close open-ended. If companies sset-pooling firm Leap public offering (IPO). The com-
‘
agreement (FTA), Mexico’s tionship. Are there any touch with Nasscom. Mov- want to invest in Mexico, India, which is prepar- pany plans to file its draft pro-
L
enders of debt-ridden ambassador to India, Federico plans for an FTA? ing towards a they’re more ing for a public listing, spectus with the Securities and
Reliance Capital (RCap) Salas Lotfe, said in an interview. We got an expression of inter- forum is cer- than welcome plans to invest ₹300-500 crore Exchange Board of India (Sebi)
may consider extending However, given India’s preoc- est from the Indian side before tainly a possi- I think what is to. But we’re over the next three years in line by May and expects to launch
the deadline for completing the cupation with ongoing FTA the pandemic to explore the pos- bility. Within important is that even looking more with its inorganic growth plans, the IPO in the September quar-
resolution process till 30 May negotiations with the UK, Aus- sibility of a free trade agreement. Mexico, we into the aspect founder and managing director ter, Mathew said.
this year, persons aware of the tralia and other partners, Lotfe Now, what has happened is that I think what is important is that created a
without a free trade of research Sunu Mathew said. Mint reported on 7 Novem-
matter said. The current dead- stated that the India has been even without a free trade agree- forum which agreement, the trade into the possi- “Just like we acquired Skan ber 2022 that Leap India aims
line ends on 16 April. agreement is INTERVIEW
m very busy nego- ment, the trade relationship is a includes relationship is a very ble uses of lith- Marine, we are planning a slew to raise nearly ₹1,000 crore
Considering the fact that the unlikely to be tiating other free very healthy and growing one. some of the healthy and growing on ium. From of acquisitions worth ₹300 through the IPO.
second round of auction is yet signed within trade agree- It’s so I would think that if we I n d i a n there, we crore to ₹500 The IPO will
to take place, it is not possible to the next two years. ments with Australia, the UK and were to eventually have a free startup com- Federico Salas Lotfe would look not crore in the next The company comprise a fresh
wrap up the resolution process To bolster economic linka- the European Union. trade agreement, things would panies that Mexico’s Ambassador to India so much into three years,” is also preparing issue of equity
within the current deadline. ges, Lotfe proposed connecting So, I would think that the move much, much faster. How- are already the mining Mathew said in an to launch shares and an
Earlier this week, lenders entrepreneurs from both coun- negotiating team of India is quite ever, I think this isn’t something working in Mexico. But we may and exploitation of the lithium interview. its initial public offer for sale, the
postponed the second auction tries while also highlighting busy right now. So this has not that is going to happen this year move in that direction (of a for- itself but what happens once it Leap India pro- report said, citing
offering in the
to 11 April. opportunities in research on moved as fast as one would or next. mal platform). We are just start- is being used in, for example, vides end-to end people aware of
The deadline to complete the uses of lithium. Last year, think. But we are at the stage You mentioned that Mexico ing in some ways. electrical batteries for automo- supply chain September the development.
the resolution process of RCap Mexico encouraged India’s Sun right now of exploring whether is interested in India’s digi- Both countries have agreed biles. That is an area where assistance to com- quarter Mathew said
has been extended multiple Mobility, which builds energy having a FTA is something that tal and startups sector. Will to look into technology tie- there might be opportunities panies. It has 25 given the strong
times in the past. infrastructure for electric vehi- we’re both interested in. This is India and Mexico set up a ups on lithium technology. for investments. warehouses and consumption
On the other hand, the per- cles, to expand into Mexico. in the pipeline. Having said that, formal platform to connect Are we going to be looking shashank.mattoo@livemint.com 22 manufacturing units, as per story and expectations of
sons said, all the three bid- its website. In February, it growth in overall spends in
ders— IndusInd International acquired Skan Marine, a Mum- India, the company expects to
Holdings Ltd (IIHL) of Hinduja bai-based forklift rental busi- grow at 20-30% on year-to-
Group; Torrent Investment
and Singapore-based Oaktree
—who will be participating in
Multliplex demand worries Punjabi moviemakers ness for an undisclosed year basis. He also expects most
amount. Skan Marine offers of the growth to come from the
rental services for forklift, company’s pallet pooling or
the extended challenge mecha- reach trucks, tow trucks and renting business. Some of the
nism (second round of auction), Lata Jha it’s a fair ask given industries agreed four weeks. These short-changed due to a unilat- exhibitor with a network of battery-operated pallet trucks. major factors driving growth,
are still engaged with the Com- lata.j@htlive.com across India should follow stan- major multiplexes insist that eral decision by the newly more than 1,500 screens. The “The acquisition has helped he said, are steady supply of
mittee of Creditors (CoC) on NEW DELHI dard practices, but the produc- Punjabi producers/distributors -merged, major multiplexes two companies didn’t respond mark the company’s presence pallets, cost-effectiveness and
certain issues or concerns ers argue that it’s unfair on sign a letter/undertaking playing Punjabi film content. to queries on the conflict in the forklift renting segment tech-enabled management.
M
raised by them. ultiplex operators in industries like the one in Pun- before the release Zee also among producers and exhibit-
The major concern of the Punjab have been jab that’s already battling lower of a Punjabi film Multiplex pointed out that ors in Punjab. CORRECTIONS AND CLARIFICATIONS
bidders is compliance of reso- demanding an eight- revenues. agreeing to an operators are Punjabi films get Several trade experts agree
lution plans as per the Insol- week window between the the- A few weeks ago, Zee Studios eight-week hold- demanding an the lowest per- that non-Hindi language films, Mint welcomes comments, suggestions or complaints about errors.
vency and Bankruptcy Code atrical and digital premiere of wrote to the Producers Guild of back window, fail- eight-week centage share including from the South, have
(IBC) and Request for Resolu- films, the norm prior to the India pointing to the ‘ad-hoc ing which the said Readers can alert the newsroom to any errors in the paper by
window between among all film been granted a four-week win-
emailing us, with your full name and address to
tion Plan (RFRP) guidelines, as pandemic, even as the regional and lopsided change’ in the major multiplexes categories, dow across the country. “Exhib-
in the first round of auction, bid film industry struggles with low OTT release window by major refuse to screen theatrical and despite average itors are looking for a standard
feedback@livemint.com.
by the Hinduja Group firm was footfalls and limited run in cin- multiplex firms in Punjab. “It is the film in their digital premieres ticket rates being benchmark across the country, It is our policy to promptly respond to all complaints. Readers
submitted post auction. emas. unfortunate that major multi- multiplexes/cine- similar to those of so in that sense, it is a fair ask in dissatisfied with the response or concerned about Mint’s journalistic
This bidding post auction Producers feel that the move plexes operating in the Punjab mas,” Zee said. Hindi films. order to ensure that audiences integrity may write directly to the editor by sending an email to
date is being contested by Tor- is monopolistic as two large industry have taken an inequi- According to Zee, an indus- In March 2022, the boards of come to cinemas. However, asktheeditor@livemint.com
rent Investment in the Supreme chains, PVR and Inox Leisure, table stand of changing the the- try that has been struggling to PVR and Inox approved an all- there cannot be a one-size fits
Mint’s journalistic Code of Conduct that governs our newsroom is
Court as it was the highest bid- have merged and can now dic- atrical window to eight weeks find its feet post the pandemic stock merger of the companies all approach,” said a film pro- available at www.livemint.com
der as per the auction. tate terms. Industry experts say instead of the previously to stay profitable has been to create India’s largest film ducer, declining to be named.
First published in February 2007 to serve as an unbiased and clear-minded chronicler of the Indian Dream.
SRUTHIJITH KURUPICHANKANDY (EDITOR); PUBLISHED/PRINTED BY MANHAR KAPOOR ON BEHALF OF HT MEDIA LTD, 18-20 Kasturba Gandhi Marg, New Delhi 110001
Printed at HT Media Ltd presses at •Plot No. 8, Udyog Vihar, Greater Noida, Distt Gautam Budh Nagar, Uttar Pradesh 201306; •MNSPrinters Pvt. Ltd, 345/4, Bhatrahalli, Near KR Puram RTO, Old Madras Road, Bangalore 560049; •Saraswati Print Factory Pvt. Ltd, 789, Chowbhaga (W), Near China Mandir, Kolkata 700 105; •MNSPrinters Pvt. Ltd, 76/1, Poonamallee High Road, Velappanchavadi, Chennai 600077; •
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LIVEMINT.COM NEWS SAturDAy, 8 April 2023
New Delhi 15
T
hough the Reserve Bank saw a 128 bps hike. The highest
of India (RBI) has hiked rise in rates was for loans given
repo rates by 250 basis to trade services, at 240 bps and
Can take action against dumping of poor-quality goods, a govt official said points (bps) since May 2022, rupee export credit, at 223 bps.
there are disparities over the “This puts the corporates at
transmission of the rates by an advantage over retail cus-
Ravi Dutta Mishra banks for different customer tomers, as the rate pass-
ravi.dutt@livemint.com segments, RBI data showed. through is slower for them if
NeW DelhI The rate of transmission has their loans are linked to the
been faster for private sector MCLR. Private banks have a
T
he government’s quality control banks compared to public sec- higher proportion of retail
orders for products of mass con- tor lenders, with private banks The rate of transmission has been faster for private sector banks loans. While large PSU banks
sumption, such as machinery having a higher share of loans compared to public sector lenders. MINT have been aggressive in grow-
safety equipment, pressure linked to the external bench- ing their retail loan book, other
cookers, toys and air condition- mark lending rate (EBLR), or tor banks compared to public corporate loans witnessed a far PSU banks have lagged,” said
ers, are compliant with World Trade Orga- the repo rate. Nearly 70.5% of banks. slower pass-through of the rate Madan Sabnavis, chief econo-
nization (WTO) norms, and India is well all outstanding loans of private From 61.8% in March 2022, increases compared to retail or mist of Bank of Baroda.
within its right to retaliate against dumping sector banks are linked to the the share of EBLR-linked loans small business loans. For the A banker said MCLR-linked
of poor quality goods, a government official EBLR, against 35.2% in the case for private banks has jumped to 250 basis point rate hikes so far, loans are higher for private
said. In January, several WTO members of public lenders. That said, all 70.5%, while the share of PSU EBLR loans have risen by 173 banks than PSU banks as it
objected to India issuing quality control banks witnessed a rise in the banks increased to 35.2% from bps, while MCLR loans rose by depends on low-cost deposits.
orders to curb a Chinese import surge and share of EBLR loans since RBI 33.3% during this period. 140 basis points. State Bank of India’s one-year
boost exports. Canada, Japan, the UK and started raising rates. According to RBI norms, all According to RBI’s monetary MCLR, for example, is at 7.7%
the EU had also expressed concerns over According to RBI data, the new retail and small business policy report, banks passed on compared to 8.95% for HDFC
the quality control orders at the WTO. share of EBLR loans increased loans must be linked to EBLR. 178-184 bps of rate hikes to new Bank. “Corporates will opt for a
New Delhi has been pushing for quality from 44% to 48.3% between For corporate loans, banks can, retail loans, including housing, market-driven benchmark to
control measures in the wake of an over- March and December 2022. however, offer loans linked to education, personal, and agri- determine risk-free curve, that
haul of global supply chains since the pan- However, the rise in EBLR either EBLR or MCLR. culture loans from May 2022 to is, government securities or
demic and the Russia-Ukraine war. India has been pushing for quality control measures in the wake of an overhaul of global loans is higher for private sec- This clearly suggests that February 2023. On the other treasury bills.”
The official said India lagged in terms of supply chains since the covid pandemic and the Russia- Ukraine war MINT
international standards but must ramp up
its focus on quality to make the best of free- deceptive trade practice, or national secu- are estimated at $710 billion, up 15.8% from
trade agreements and take advantage of the rity. Notably, while announcing QCO on $613 billion in 2021-22, according to The
China-plus-one strategy adopted by the toys, the Centre argued that cheap quality Global Trade Research Initiative.
West. “QCOs are first applied in the domes- products from other countries pose a India has the highest deficit with China
TaMo posts 8% wholesale volumes growth
tic market and only then are they imposed health risk for children in India. of more than $87.5 billion. Around 65% of
on imports. So we are well within our rights QCOs are increasingly being used by the Chinese exports to India are in three cate- Mayur Bhalerao Times report on 1 April, the ris- new car or truck loan to 8.95%, quarter to 1,35,654 units.
(to bring QCOs). They (western countries) government to curb the dumping of cheap gories--electronics ($31 billion), machinery mayur.bhalerao@livemint.com ing costs of borrowing exacer- up from 5.66% a year earlier, To be sure, Jaguar Land
impose quality norms on our ($21.7 billion), and organic MuMbaI bated by the recent turmoil in according to Cox Automotive, Rover (JLR) contributed
products, so we are duty- QUALITY CHECK chemicals ($13.6 billion). Other the banking sector have side- which provides services to car almost a third of Tata Motors’
T
bound to retaliate by imposing key categories include plas- ata Motors Ltd posted lined some buyers in the US dealers,” the report said. global sales. JLR’s wholesales
QCOs on their products as INDIA lagged in WTO rules say FOCUS on quality tics, fertilizers, medical and 8% growth in wholesale new car market, At Tata Motors, stood at 1,07,386 units in the
well,” he added, requesting terms of global
standards, but must
members should use will help India take
similar standards for benefit of the China-
scientific instruments, and volumes globally in the putting pressure It said vehicle global wholesales quarter. Wholesales for Jaguar
anonymity. focus on quality, a domestic as well as plus-one strategy iron and steel products. March quarter, while car sales on manufacturers sales in the Jan- of all commercial were at 15,499, while for Land
According to WTO rules, govt official said imported products adopted by the West The Union textile ministry witnessed muted demand due to discount vehi- Mar period stood vehicles and the Rover it was at 91,887 vehicles,
members should use similar is also considering imposing to the declining purchasing cles. “Cars have at 361,361 units Tata Daewoo the company said.
standards for domestic as well quality control orders for 107 power of consumers amid a become increas- range fell by 3% to JLR’s retail sales during the
compared to
as imported products. products from China amid the widening technical textile products such as surgical rising interest rate scenario. ingly unafforda- 1,18,321 units in March quarter were at 102,889
Anil Jauhri, former chief executive of the trade deficit, accounting for nearly 40% of gloves, PPE kits, bulletproof clothing, and In an exchange filing, Tata ble after shorta- 334,884 units in the March quar- units, including for the Chery
National Accreditation Board for Certifica- the total deficit. Besides, imports of mer- fire-resistant clothing to ensure better Motors said vehicle sales in the ges over the past the year-ago ter from 1,22,147 Jaguar Land Rover China joint
tion Bodies, had said that QCOs cannot be chandise goods by India touched a record standards for products manufactured in January-March period stood two years forced units a year ago. venture, with a 21% sequential
challenged at WTO if they are imposed on high in the last financial year. India and minimize imports of poor quality at 361,361 units compared to consumers to pay However, Tata rise and 30% higher from the
grounds of health, safety, environment and India’s merchandise imports for FY23 goods. 334,884 units in the year-ago, at or above sticker prices. The Motors’ global passenger vehi- year-earlier.
including the sale of its luxury US Federal Reserve’s efforts to cle dispatches (including elec- On Thursday, shares of Tata
brand Jaguar Land Rover. curb inflation have now driven tric vehicles), were up by 10% Motors ended 2.6% higher at
According to The Financial the average interest rate on a from a year ago in the March ₹437.65 apiece on the NSE.
T
he Centre announced on and a cap of $6.50 per mmBtu the gas trading hubs in Henry
Friday that natural gas under the Administered Price Hub, Albena, National Balan-
prices will be fixed at Mechanism (APM) gas pricing. cing Point (UK), and Russia for
$7.92 per metric million British In a statement, the oil minis- a period of 12 months and with
thermal unit (mmBtu) for the try the move seeks to increase a time lag of a quarter.
8-30 April period.
However, the price of gas
consumption of natural gas to
achieve the government’s tar-
Now the revised gas pricing
guidelines link domestic natu-
Where every
produced from nomination get to raise the share of natural ral gas prices to global crude
fields of Oil and Natural Gas
Corp. and Oil India Ltd, used
gas in the primary energy mix
in India from the current 6.5%
prices, which is more relevant
and will track prices in real-
number
for piped natural gas (PNG) and to 15% by 2030. time. The earlier guidelines
compressed natural gas (CNG),
was capped at $6.5 per mmBtu.
Prices for consumers were
capped at $6.5/mmBtu MINT
The Centre said the move
will also reduce the impact of
had significant volatility. Data
on Indian crude basket prices
tells a story...
“For gas produced by ONGC rising international gas prices from the previous month used
and OIL from their nomination affairs approved the new gas on domestic gas prices. Inter- to determine APM gas price.
fields, the price shall be subject pricing guidelines, paving the national gas prices have stayed In November, the Kirit Par-
to a ceiling of $6.5 per mmBtu,” way for linking domestic natu- elevated over the past year due ikh committee made several
it said in a statement. ral gas prices in India to global to the Russia-Ukraine war. recommendations, including Introducing
The announcement comes a crude rates. According to the Earlier, gas prices in India pricing locally produced natu-
News in
day after the Union cabinet guidelines, price of natural gas was determined by domestic ral gas at 10% of crude oil prices
approved the new gas pricing will be 10% of the monthly aver- gas pricing norms approved by and implementing a floor price
norms. On Thursday, the cabi- age of the Indian crude basket, the government in 2014. The of $4 per mmBtu with a cap of
net committee on economic which is a weighted average of 2014 pricing guidelines pro- $6.5 per mmBtu.
N
ew Delhi has launched continuing national treatment
a slew of measures to that they get here. Which des-
promote India as an tination they choose, of
attractive destination for Bhu- course, is always an evolving RajCOMP Info Services Limited (RISL)
st
C-Block, 1 Floor, Yojana Bhawan, Tilak Marg, C-Scheme, Jaipur
tanese students, following a feature in terms of what hap-
RISL invites e-bids from the eligible bidders for the following:
steady decline over the past pens within that society,” he
NIB No./ Date/ Particulars Estimated Start of sale
decade, and Australia emerg- said at a press briefing in New Unique bid no. Cost/ EMD /Last date
ing as a key alternative, said Delhi on Friday. 49/05.04.2023 RFP for Providing, Testing, Rs. 68.00 Cr/ 05.04.2023
people in the know. According to the Australian RIS2324SLOB Commissioning and Maintenance of Rs. 136 Lacs 12.05.2023
00004 connectivity to Government offices
According to All India Sur- education ministry, the num- Scan to Download under RajNET across Rajasthan on
veys of Higher Education ber of Bhutanese students has RRC Basis
(AISHE), the number of Bhuta- shot up to 3,863 in 2023, up Details can be seen on the websites http://sppp.rajasthan.gov.in,
http://risl.rajasthan.gov.in, & http://doitc.rajasthan.gov.in. Bids are to be
nese students receiving terti- Most senior members of Bhutan’s governing elite have studied in 142% from a year ago, growing submitted through http://eproc.rajasthan.gov.in.
ary education in India Indian educational institutions. ISTOCK at a faster clip than any inter- Raj.Samwad/C/23/245 General Manager (Technical)
declined from 2,468 in 2012-13 national student community.
to 1,827 in 2020-21, account- regular training programmes, STEM (science, technology, “Push factors in Bhutan,
ing for just 3.8% of all interna- education opportunities, and engineering, math) subjects, combined with better stan-
tional students from 7% a dec- Buddhist tourism and educa- and making it easier for them dards of life, economic oppor-
ade ago, according to data tion have bolstered people-to- to work in India’s startup sec- tunities, relaxed work hours,
from the Union ministry of people relations between tor, said a person, seeking ano- and education opportunities
education. India and Bhutan for genera- nymity. Vocational training in Australia has attracted sev-
The development has major tions,” said Aditya Gowdara will also be a key focus for the eral Bhutanese in recent years.
strategic implications, consid- Shivamurthy, a scholar at the Bhutanese yourh, he added. In 2021, the Australian census
ering that education and peo- Observer Research Founda- Foreign secretary Vinay indicated that over 12,000
ple-to-people ties have long tion, in a recent article on Bhu- Mohan Kwatra said the coun- Bhutanese stayed in Australia.
buttressed India’s relationship tan’s migration trends and pol- tries were discussing the pos- The migration trend has
with Bhutan. Most senior icies. sibilities to increase access to largely increased in recent
members of Bhutan’s govern- The government is taking Indian institutes. “There is no years, coinciding with Bhu-
ing elite have studied in Indian steps to make it attractive for change in terms of access and tan’s attempt to open to the
educational institutions. the youth from Bhutan to availability of the Indian edu- international labour market,”
“Economic opportunities, study in India, including cation system to our partner Shivamurthy said in the arti-
negligible visa restrictions, increasing opportunities for countries in our neighbour- cle.
This PDF was uploade To Teligram channel_ LBS Newspaper platform (https://t.me/LBSNEWSPAPER) @LBSNEWSPAPER
New DeLhi, MUMBAI, BENGALURU, KOLKATA, CHENNAI, AHMEDABAD, HYDERABAD, CHANDIGARH*, PUNE* VOL. 17 NO. 83 Rs. 10.00 . Price with Hindustan Times Rs. 15.50 16 PAGES
SENSEX 59,832.97 0.00 NIFTY 17,599.15 0.00 DOLLAR ₹81.90 ₹0.00 EURO ₹89.34 ₹0.00 OIL $85.12 $0.13 GOLD ₹60,397 ₹0.0
10.4
12.4
11
FY21
rate pause
FY22
8.5 Shayan Ghosh
Singapore’s Sheares buys controlling stake for ₹16,400 crore 25
FY24*
shayan.g@livemint.com
12 MUMBAI
FY23 Shipping ministry to exceed 4-yr
Ranjani Raghavan & Sneha Shah
A
lthough the Reserve asset monetization target
MUMBAI TakiNG ChaRGe Q1
*Projected
Q2 Q3 Q4
Source: Company filings, MSIL
Bank of India (RBI) sig- The Union ministry of ports, shipping and
nalled it won’t hesitate waterways is set to surpass its four-year
S
Sheares Healthcare will raise its ownership in Manipal Healthcare from SARVESH KUMAR SHARMA/MINT
heares Healthcare, a unit of to hike rates again despite hit- asset monetization target of ₹12,828 crore
Singapore’s Temasek, has
agreed to buy a controlling
stake in Manipal Health
18% to close to 59%
Deal timeline Who owns how much
in Manipal
Maruti eyes 25% of ting the pause button in April,
several economists now expect
the central bank will keep its
ahead of the deadline thanks to robust
awarding of projects under the public-
private partnership model. >P14
2015
Enterprises, raising its own-
ership from 18% to close to 59% for
about ₹16,400 crore, two people with
TPG picks up a 24% stake for $146
million 21.5
TPG
India SUV market repo rate on hold for an
extended period.
The central bank’s monetary Lenders may extend process for
knowledge of the development said. 2017 policy committee (MPC) opted resolution of RCap bankruptcy
(in %) Alisha Sachdev
TPG, an existing shareholder of TEMASEK buys True North’s 16% stake 52.5 Vitara. So we grew from 10.2% to hold the repo rate at 6.5% fol- Lenders of debt-ridden Reliance Capital
18
Bangalore-based hospital chain in Manipal for ₹1,000 crore. alisha.sachdev@livemint.com to 17%. So now we have to lowing six consecutive hikes (RCap) may consider extending the deadline
Manipal Health Enterprises, will sell 8 Temasek NEW DELHI increase this 17% share to a since May last year, citing the for completing the resolution process till 30
11% of its 21% stake, valuing the com- 2021 Ranjan Pai fixed 25% for the whole year. need to evaluate the effects of May this year, according to the people
M
NIIF picked up stake in Manipal for and family NIIF aware of the matter. The current deadline
pany at around ₹40,000 crore aruti Suzuki India Ltd Let’s say we will begin with the past increases. Further, the
($4.88 billion), the people said, ₹2,100 crore Source: Mint Research is aiming to capture a 20% in Q1 of FY24 and go up to MPC noted that “additional ends on 16 April. >P14
requesting anonymity. The National 25% share of the rap- 27% in Q4 so that for the full downside risks from financial
Investment and Infrastructure Fund ON SALE idly expanding sport utility year, we are at around 25% stability concerns” on the
(NIIF) will sell its entire 8% stake, TeMaSek first MaNiPaL Healthcare LaST month, Manipal vehicle (SUV) market, more market share,” said Shashank global front were also behind Tata Motors reports 8% growth
they said, adding that Sheares bought 18.1% stake was assigned $1.14 bn Health acquired AMRI than doubling its share by the Srivastava, senior executive its decision to keep rates in wholesale sales volume
Healthcare will acquire the remain- from 2 PE firms in 2017 enterprise value then Hospitals from Emami end of the current fiscal year, a director of Maruti Suzuki. unchanged.Addressing report- Tata Motors Ltd reported an 8% growth in
ing stake from the holding entity top executive said. Srivastava expects the SUV ers, Das said April’s decision wholesale sales volume globally in the
SARVESH KUMAR SHARMA/MINT
backed by Ranjan Pai. Manipal Edu- To achieve the target, segment to account for about was only a pause, not a pivot. March quarter, while car sales witnessed
cation and Medical Group Pvt. Ltd other buyers, Mint reported in Sep- 18.1% stake from PE firms True North India’s biggest automaker 47% of the 4.10 million passen- The MPC will not hesitate to muted demand due to declining purchasing
will retain approximately 31% of the tember. and Faering Capital in 2017. A $1.14 plans to focus on boosting ger vehicles sold in the current take further action as may be power of consumers amid rising interest
company, and TPG will hold around In November, Mint reported that billion enterprise value was assigned sales of its SUV models that fiscal year, with an estimated required in its future meetings, rates. >P15
10%. KKR and Temasek were in separate to the hospital chain at the time. This cost ₹10 lakh or more and con- size of 1.9 million units. Maruti he said in a statement.
Both Ranjan Pai and Temasek discussions to seal the deal in stake was later transferred to Tem- solidate its brand positioning will need to sell around That has not deterred econo-
declined to comment. Spokespeople November. On 17 December, Mint asek’s healthcare platform, Sheares through its premium Nexa 475,000 SUVs to achieve its mists from expecting the pause Disparity over rate hike transfer
for TPG and NIIF did not respond to reported that Temasek outbid oth- Healthcare. NIIF acquired around sales channel. target. in April to be a long one. hits retail loan customers
requests for comment. ers to emerge as the preferred buyer 8% of Manipal Healthcare for $286 “In FY22, our share in the The automaker is set to “We had expected the repo
Though the Reserve Bank of India (RBI) has
A year ago, private equity firm for Manipal Health Enterprises. million in 2021. SUV market was 10.2% and just launch its latest crossover SUV rate to peak at 6.75%. However, hiked repo rates by 250 basis points (bps)
TPG decided to sell its stake in the TPG’s sale of 11% of its stake in Manipal Health has made several over 12% in FY23. But if you Fronx by the end of the month, with today’s pause, we believe since May 2022, there are disparities over
company and began negotiating Manipal Health Enterprises will acquisitions to expand its offering look at each quarter in the last followed by its urban lifestyle the repo rate has peaked,” Stan- the transmission of the rates by banks for
with the founders to buy back its result in a 10x return on its ₹900 over the past two years. The chain fiscal, our Q4FY23 SUV mar- offering Jimny, an iconic Suz- dard Chartered Bank said in a different customer segments, RBI data
shares. Since the buyback did not crore investment in 2015. ket share was 17% because of showed. >P15
materialize, TPG began looking for Temasek first acquired around TURN TO PAGE 13 the addition of the Grand TURN TO PAGE 13 TURN TO PAGE 13
Bearish bets
Some analysts expect FPIs to retain their bearish bets and the
market to consolidate with a negative bias.
Pandemic spurs Indian firms to ‘Unseasonal rains are not
17,800
17,600
(Nifty 50, daily closing)
17,599
boost CSR spending, compliance because of climate change’
17,400
Gireesh Chandra Prasad ous year. The number of com- Puja Das 2022 was ranked as Earth’s
17,200 gireesh.p@livemint.com panies that spent less than the puja.das@livemint.com fifth-warmest year. In the
17,000
NEW DELHI mandated amount also NEW DELHI Indian context, February
16,988 declined to 3,525 in FY21 from was the warmest since 1901.
T W
16,800 he number of compa- 4,760 in the previous year. But hile the impact of cli- This year is probably the
20 Mar 2023 6 Apr 2023
nies defaulting on their those spending more than the mate change is man- wettest March in the last
Source: Bloomberg
corporate social respon- required amount rose sharply ifesting in extreme 100 years in several parts of
SARVESH KUMAR SHARMA/MINT
sibility (CSR) spending com- to 9,792 in FY21 from 6,964 in weather events with growing India. Is the occurrence of
18,000 level as
their legal obligations to con- companies spending on char- India Meteorological Depart- conditions globally. The rise
tribute to their communities, ity. According to Noorul Has- ment director-general Mrut- has been quite significant since
corporate affairs ministry data san, a partner at Lakshmikum- yunjay Mohapatra. Mrutyunjay Mohapatra, the 1970s, which is attributed to
showed. aran and Sridharan Attorneys, However, Mohapatra noted director-general of IMD. MINT climate change. Because of
T
he pullback rally seen through 17,500 from the low of framework, a carrot-and-stick 2% net profit spending Assistance and Relief in Emer- overall number m INTERVIEW its impact accu- or two days in Saurashtra,
over the past 11 sessions 16,828, but now the MPC action approach, introduced penal- requirement for CSR almost gency Situations (PMCARES) of cyclones is rately, as good Kutch and coastal Maharashtra.
could extend the Nifty could induce a rally in interest ties for companies and their doubled to 1,477 in FY21 from Fund. “Also, the statutory pro- decreasing, but monsoons have There has not been any heat
level to 18,000 as foreign port- rate sensitives, which could officers that fail to meet their the FY19 level. Meanwhile, the visions regarding CSR was the incidence of intense been witnessed in the past in wave condition in northern and
folio investors (FPIs) cover also result in more short-cover- CSR obligations, as well as number of profit-making changed in 2021, including cyclones is on the rise. some El Niño seasons. Edited central India, where it gener-
bearish derivative bets while ing by FPIs.” offered flexibility for busi- companies that were required allowing business to spend “The unseasonal rainfall or excerpts: ally occurs.
simultaneously turning net The MPC surprised inves- nesses that choose to exceed to spend but did not spend extra for which credit could be heatwaves could be attributed When we say there is a rising
buyers in the cash segment in tors by keeping the repo rate spending the mandated 2% of anything dropped to 3,202 in to variations in weather,” Moha- We have been witnessing
March and so far this month, unchanged but added that its net profits on CSR activities. FY21 from 10,425 in the previ- TURN TO PAGE 13 patra said in an interview. extreme weather patterns. TURN TO PAGE 13
two analysts said, while a third action was not to be interpreted
expects FPIs to retain their as the rate cycle having peaked
bearish bets and the market to as the withdrawal of accommo-
consolidate with a negative
bias.On Thursday, FPIs closed
out 3,040 contracts while buy-
dation stance was retained.
The short covering implies
buying back what was sold as
Bosses want hard workers—so they’re hiring older people
ing a provisional ₹466 crore in the market begins to move up
cash, enabling the market to instead of trending down. The Callum Borchers likely to carry AARP cards tant to them personally. group says. The roster of offers access to job boards and
pare its losses and close in the short covering provides more feedback@livemint.com than the latest iPhone. Among 18-to-29-year-olds, pledge-takers now features career fairs for workers over
green. As of Thursday, FPIs strength to any pullback. “The learning curve is a bit 61% said hard work is very more than 2,500 businesses, 50.
K
were net sellers of 106,259 con- Rohit Srivastava, founder of ip Conforti is hiring for longer,” he says, “but once important. including Bank of America Less than a year in, Kinder-
tracts, down from a record IndiaCharts, said that post the a part-time position at they get it, God, it’s refresh- So much for youthful ambi- Corp., Microsoft Corp. and Care hasn’t tallied the result-
short level of 194,626 contracts MPC, the 10-year bond yield one of two package- ing. I say, ‘This is what we’re tion. H&R Block Inc. ing hires, but the payoff is
on 20 March. had broken the nine-month shipping stations that he doing today,’ and it gets done. People 55 and older are the “It makes great business already clear, says Travis
This short covering of trendline of 7.3%, which shows owns in Pennsylvania. He’s Their shift starts at 9 and fastest-growing segment of sense to hire experienced Trautman, the company’s
88,367 contracts was the force that markets are pricing lower filled such roles with high they’re here at 8:50. It’s their the workforce, according to workers,” says Heather Tins- senior director of talent
behind the market’s 4.6% rally rates for now. “The FPIs cover- school and college students work ethic.” federal data. Demographic ley-Fix, senior adviser for acquisition.
from a low of 16,828 to 17,599, ing will assist the market in during two decades in busi- Older shifts help employer engagement at the “There’s a willingness from
along with buying of ₹12,114 testing 18,100, which is the ness, but this time his top can- workers are explain the AARP. “More companies are this group to work the open-
crore by domestic institutional 61.8% retracement of the fall didate is a man in his 70s. in demand trend— also recognizing the need to ing shift or to close down for
investors. FPIs purchased from the record high of Mr. Conforti has grown at a grow- people are include age in their diversity, the day, to cover during
shares worth only ₹651 crore 18,887.6 on 1 December to weary of younger employees ing number of compa- living longer and having Older workers are in demand at equity and inclusion efforts.” lunches and breaks or even be
over the period. 16,828 on 20 March. who, he says, arrive late for nies.Perceptions of genera- fewer children—and some a growing number of firms. ISTOCK KinderCare Learning Cen- on call as needed,” he says. “I
Analysts expected the short However, U.R. Bhat, founder shifts, call out of work often tional differences don’t retirement-age folks have lit- ters Inc., which operates more could go on and on about the
coverings to persist, taking the of Alphaniti Fintech, which and spend more time scroll- always match reality, but tle choice but to work because The AARP since 2012 has than 1,500 child-care facili- value and benefits.”
market up. “The pullback rally advises foreign investors, ing social media feeds than three-quarters of people 65 of inflation and a weak stock asked companies to sign a ties, signed the pledge last Global staffing agency
has more steam as we expect expects FPIs to hold on to their chatting with customers. and older said in a Wall Street market. pledge to give workers over August to expand recruiting ManpowerGroup Inc.
FPIs to cover their bearish Nifty short positions as a hedge About a year ago, he tried Journal-NORC survey of But certain businesses are 50 a fair shot in hiring. Com- efforts amid an acute child- launched a placement pro-
and Bank Nifty futures posi- against negative global news something different—recruit- Americans’ values last month targeting seniors on the mitments rose 122% last year, care worker shortage. The
tions following the MPC’s flows. ing people who are more that hard work is very impor- premise that age is an asset. compared with 2021, the AARP’s pledge program TURN TO PAGE 13
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