Thursday, April 7, 2011
Anna’s last chance
Wednesday, March 23, 2011
No names policy
"In those years, especially the late 1990s and early 2000s, the stock markets had huge black money riding on it, which was often untraceable. Ali smartly bought participatory notes which were not required to be registered with SEBI. In the same fashion, some of the money would also come into companies that would have a beneficiary of the politician's family or in some cases, a completely new business entity in the name of a beneficiary of the politician," said a source close to the probe agencies. Through this strategy, Ali is believed to have pumped in money into the businesses of the son-in-law of one of these former CMs."
Monday, January 17, 2011
Who has the cleanest hands in Indian Politics?
- On escalating food prices
- On his proteges like Lalit Modi
- On the Bt Brinjal row
- On farmer suicides
- Etc. etc.
Friday, January 14, 2011
Constituencies as family heirloom
- 68% of Indian MPs under the age of forty come from political families
- 28% of Indian MPs come from political families
- 100% of Indian MPs below the age of thirty are from political families
- 70% of women MPs come from political families
“I was quite surprised by the results when I did that survey of the Lok Sabha. I did not expect the data to be so overwhelming—the fact that, for example, every MP under the age of 30 is hereditary. I don’t think it’s a bad thing having political families in any democracy. The problem really is the scale of what is happening. For instance, the quite inspiring grassroots leaders who came up in the past—certainly in the Congress—would have no chance of winning a ticket for a Lok Sabha seat now. You have this ironic situation where democracy is deeply entrenched and yet, at the same time, for the top reaches of certain parties, you have to be the son or daughter of an existing leader in order to get anywhere.”
Monday, January 3, 2011
Maharashtra tops the honors again
Sunday, December 26, 2010
Sharad Pawar: India's biggest Venture Capitalist?
Their inspiration is probably a Maratha heavyweight leader seen as India’s biggest ‘venture capitalist’ (several top companies today were backed by him) and has vast interests in realty, agro industries, media, sports, food, aviation and beverages. He uses the market so effectively that in the run-up to the last election, key party functionaries got stock tips in lieu of cash, with specific instructions on when to book profits. It gave them clean, tax-paid investment income thanks to easy market manipulation.
Read the entire piece.
Wednesday, December 22, 2010
Shekhar Gupta mollycoddles Sharad Pawar
Shekhar Gupta entertains us with an interview with India’s alleged Agriculture and Food minister, Sharad Pawar. The interview is amusing: not even once does Mr. Gupta quiz Mr. Pawar on agricultural issues or our food security, let alone farmer suicides or the soaring inflation. All Mr. Gupta is concerned about how the business environment in our country, and protecting the fair name of Ratan Tata and Praful Patel, India’s aviation minister. Mr. Pawar obliges Mr. Gupta all the way, at one instance saying:
“Basically as a person who was a chief minister of a state like Maharashtra and who comes from Mumbai, my major concern is the investment climate.”
Mr. Pawar could have easily said:
“Basicaly as a person who was a chief minister of a state like Maharashtra, which has seen the largest amount of farmer suicides, and which has a very large number of poor people who are affected by the soaring prices, my major concern is agriculture and food. Oh, I forgot to add, I am also supposed to India’s agriculture and food minster, so I must be interested. Very interested.”
Of course he says nothing like that.
The only time Mr. Gupta diverts from the line is when he discusses Mr. Pawar’s myriad business interests. Mr. Pawar, as one would expect, dismisses all his connections, at one point even lamenting/claiming that ‘But I didn’t get even a single share’ in Dynamix, a dairy and food processing major in his constituency.
Read the entire interview: it shows how a mediocre politician can become a successful business tycoon and escape any media criticism for his disastrous failures.
Thursday, December 2, 2010
A Turing test for Sharad pawar
Computer programmers will be familiar with the Turing test, a device to test a machine’s intelligence. As per Wikipedia:
“A human judge engages in a natural language conversation with one human and one machine, each of which tries to appear human. All participants are placed in isolated locations. If the judge cannot reliably tell the machine from the human, the machine is said to have passed the test.”
One can devise a similar test for Sharad Pawar, allegedly India’s agriculture and food minister. During his disastrous career as the agriculture and food minister, lakhs of farmers – mostly in his own home state of Maharashtra – have committed suicide; and food prices have repeatedly breached all-time highs. Yet, Mr. Pawar prefers to remain silent. P. Sainath, rural-affairs editor for ‘The Hindu’, says:
“Sharad Pawar has never once moved to see that the National Farmers Commission Reports are placed in parliament for discussion and for adoption as policy, nothing. Sharad Pawar has not visited one house hold where a farmer has committed suicide. He is the agriculture minister. But he has been to every IPL, final, semi final, IPL 1, IPL 2 , he went to Durban to attend but he has not been in his home state of Maharashtra ,he has not visited the house hold of a farmer who was committed suicide, these are the sort of people who run our country. “
Then what makes Mr. Pawar speak? How do we know that Mr. Pawar feels responsible for any topic? If a farmer dying every half an hour doesn’t compel him to act, what will? If prices of essential commodities double in three years coaxes a statement to the effect that ‘we expect prices to rise even more’, what will? Is there an issue that can make the Baramati Boss talk?
We now have an answer: Lavasa. Mr. Pawar’s malleable and ultra-sensitive heart bleeds for the scam-embattled project. Mr. Pawar has recently come out against the environment minister jairam Ramesh’s directive asking the Lavasa corporation to stop constuction work.
So we now have a Turing test for Sharad Pawar: our alleged agriculture minister might be slient on topics of national importance, and thus rsemble a mue automaton, but attack one of his myriad business intersts, and the NCP supremo will sing.
Perhaps the farmers of Vidarbha must immoalte themselves in Lavasa. During the fourth edition of IPL.
regards,
- Bhushan.