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The Politics of Economic Reform in India
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India's Economic Reforms
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India's Economic Reforms. What Has Been Accomplished? What Remains to Be Done? Arvind Panagariya*. First printing November 2001. Reprinted February 2002 ...
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Third Front
From Wikipedia, the free encyclopedia
In the politics of the Republic of India, it may refer to three distinct political alliances
- For the Third Front in current Indian politics, see United National Progressive Alliance
- For the Third Front in power between 1996 and 1998, see United Front (India)
- For the Third Front in power between 1989 and 1991, see National Front (India)
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Congress or BJP will lead next government: Advani - India - The ...29 Apr 2009 ... Congress or BJP will lead next government: Advani. ... the government in mid 2008 protesting against the India-US civilian nuclear deal. ... timesofindia.indiatimes.com/India/Congress-or-BJP-will-lead-next-government-Advani/articleshow/4463627.cms - 48k - Cached - Similar pages - UPA still intact, will form next government: Congress - India ...18 Mar 2009 ... We are looking forward to form the next government," AICC ... Get the replica of your favourite edition of Times of India Feel at home. ... timesofindia.indiatimes.com/articleshow/4283145.cms - 43k - Cached - Similar pages - More results from timesofindia.indiatimes.com » Pawar hopeful of roping Left parties in next government ...Pawar hopeful of roping Left parties in next government ... US presses destabilising Pakistan to shift focus from India to insurgency ... www.newkerala.com/nkfullnews-1-26594.html - 74k - Cached - Similar pages - The Statesman27 Apr 2009 ... We are quite sure that we shall form the next government. ... The politics of India has advanced since 1996-1997. ... www.thestatesman.net/page.news.php?clid=4&theme=&usrsess=1&id=252165 - 34k - Cached - Similar pages - Who will form the next government in India.Is it UPA or NDA or ...5 Yahoo! Answers - Who will form the next government in India.Is it UPA or NDA or Third front .I want clear answer.You have? – Discover the answer for this ... in.answers.yahoo.com/question/index?qid=20090321003458AAmic3m - 37k - Cached - Similar pages - Associated Press Of Pakistan ( Pakistan's Premier NEWS Agency ...NEW DELHI, April 21 (APP): India Prime Minister Manmohan Singh claimed that his party and its allies would form the next government after the Lok Sabha ... www.app.com.pk/en_/index.php?option=com_content&task=view&id=74077&Itemid=2 - 64k - Cached - Similar pages - Who will form the next Government of India?16 posts - 13 authors - Last post: 3 Apr After change in the equations of party alliance what will be the formation pattern? Who do you ....www.indiastudychannel.com/forum/25164-Who-will-form-next-Government-India.aspx - 43k - Cached - Similar pages - Regional parties hold key to next government of India - MashGetRegional parties hold key to next government of India. More related news about Government Of India,Regional Parties; Youtube videos about Government Of ... www.mashget.com/world/2009/04/15/regional-parties-hold-key-to-next-government-of-india/ - 44k - Cached - Similar pages - ibibo Sawaal Expert Answers:who will form the next government ofwho will form the next government of india? if a coalition, predict its composition? , Ask your News & Current Affairs questions at ibibo, ... sawaal.ibibo.com/news-and.../who-will-form-the-next-government-of-india-if-a-coalition-predict-its-composition-29125.html - 146k - Cached - Similar pages - Government Of India - Engaging Late-Breaking Articles - WowzioBoston GlobeRegional parties hold key to next government of IndiaXinhuaby Wu Qiang NEW DELHI, April 16 (Xinhua) -- Regional parties in India are holding the ... www.wowzio.com/pulse/130697_government-of-india - 25k - Cached - |
CPI(M) will make Third Front workable: Biman Bose
Kolkata (IANS): The Communist Party of India(Marxist) (CPI(M)) will use its rich experience of running a Left Front government in West Bengal to make the Third Front a success if it wins the Lok Sabha elections, says the party's politburo member Biman Bo se.
He accused the Bharatiya Janata Party (BJP) of encouraging "divisive and fissiparous" forces by aligning with the pro-Gorkhaland Gorkha Janamukti Morcha (GJM) in the Darjeeling constituency in the northern part of the state.
Secretary of the CPI-M's powerful West Bengal unit, Bose told IANS in an interview: "The Third Front, the way the Left parties have initiated it, is not just a conglomeration of different parties."
He said to make a Third Front government workable, "there will be a Common Minimum Programme which will be accepted by all the constituents.
"I am hopeful this is possible. We have the experience in West Bengal where nine parties have been running the state government for more than 30 years. We consider the Left Front as less than a party and more than a front.
"If we can apply this practice in forming the Third Front and can move accordingly, we can set up a sustainable government at the centre."
Mr. Bose underlined that the Left started coalition politics long before other political parties in India. The Left Front government led by the CPI-M came to power in West Bengal in 1977 and has won successive elections.
He dismissed as "meaningless" Congress president Sonia Gandhi's comment that the Third Front was born out of some of its leaders' ambition to become prime minister. "She should remember that in any case the prime minister has to be elected."
Asked if West Bengal Chief Minister Buddahdeb Bhattacharjee could be one of the candidates for prime ministership, he called the question hypothetical.
Mr. Bose came down heavily on the BJP decision to field heavyweight Jaswant Singh from Darjeeling with the support of the GJM.
"The way the BJP has shown sympathy for the GJM and its Gorkhaland demand in its election manifesto, that will help the divisive and fissiparous forces to divide West Bengal.
"The BJP is playing a dangerous game with the GJM. This will definitely break the unity and amity of the people in the hills and plains of Darjeeling," Bose contended.
Mr. Bose discounted speculation that the Congress-Trinamool combine could end up with a much greater share of seats than in the previous elections five years ago.
In 2004, the Left Front bagged 35 of the 42 Lok Sabha seats in West Bengal, while the Congress and the Trinamool got six and one respectively.
"This combination cannot gain more seats since electoral results do not depend on arithmetic calculation," he said.
He also disagreed with the view that the Congress-Trinamool combine was severely denting the Left Front's traditional rural base.
"It's a fact that in last year's panchayat (rural bodies) polls, the Left lost seats. But still we got more than 52 percent of the votes."
He contended that the Left Front suffered reverses in the panchayat elections because of disunity in its ranks, leading to the partners fighting each other in more than 10,000 seats. He claimed that the differences had been ironed out this time.
Criticising the Congress, the fulcrum of the United Progressive Alliance (UPA), Bose said: "It is now becoming a victim of rightist forces. Their policies are not meant for the common people. Rather, they are aimed to benefit the wealthy sections."
He said it was a pity the 123-year-old Congress was fighting the elections in West Bengal as the junior partner of Trinamool, its breakaway group.
On Trinamool chief Mamata Banerjee's call that it was battle for "mother, land and people", Bose said: "Their so-called 'mother, land and people' battle is not covering 543 constituencies across India. It is concentrated only in the 42 seats from the State."
Cong. alleges widespread rigging by West Bengal govt.
Kolkata (PTI) Alleging widespread rigging in the first phase elections covering 14 Lok Sabha seats in West Bengal, the Congress on Thursday demanded that election observers be given the authority to recommend deployment of paramilitary forces.
Alleging that the practice of deployment of central forces by the concerned state government posed a serious problem, AICC secretary Shakil Ansari said, "The West Bengal government deploys the forces where the ruling Left Front cannot rig the polls and don't post them where the front indulge in such practices."
"Because of this problem, service of the central forces cannot be properly utilised in giving security to voters at sensitive areas. As such, central forces should be deployed through election observers," he said.
 | BJP comfortable in the saffron belt “Anti-BJP wave will start from Gujarat” Dharavi resettlement to the fore Slideshow: Preparations for Phase III |
Elections 2009: a comprehensive coverage
http://www.hindu.com/thehindu/holnus/000200904291031.htm
Earlier, PFRDA Chairman D Swarup had said that the main objective NPS is to provide old age income security.
BJP today ruled out supporting a Third Front government in the event of the NDA failing to cobble up a majority, stating the "nucleus of any non-Congress government has to be BJP or the NDA".
"The question of a BJP or an NDA support to a Third or a Fourth Front is a ruled out possibility," BJP general secretary Arun Jaitley said.
"There is a possibility of a non-Congress created government emerging after the polls and the nucleus of any non-Congress government has to be the BJP or the NDA, " he said.
"There is no Third Front possible in India as a government because a Third Front or a Fourth Front all together does not total up to more than 150 seats beyond any calculation without either the Congress or the BJP support," he told NDTV.
Jaitley said in such a scenario the Congress would have to decide whether it wants "short term or long term gains".
"But I see the politics gradually drifting in favour of a larger non-Congress party doing better," he said.
The saffron party's chief strategist said such a non-Congress formation could not form the next government without BJP.
Millions of Americans are without jobs and homes. Credit is not flowing as freely as it should. "Countless families touched by (the) auto industry still face tough times ahead ...," he said.
His brother Defence Secretary Gotabhaya Rajapaksa told the British and French foreign ministers that Sri Lanka will keep up its military offensive until the leaders of the LTTE, mainly its chief Prabhakaran is captured "dead or alive".
In fact, more parties would join the Third Front after the elections. “We expect a realignment of forces. I am saying parties which are not with us now will come towards us,” he said.
Asked if he had parties such as the RJD and the LJP in mind when he talked about realignment, Mr. Karat said the Front made a general appeal to all non-Congress secular parties to come together on a joint platform for pro-people economic and independent foreign policies and in defence of secularism.
“We have adopted a political line in which we have called for the defeat of the Congress and the BJP and the formation of an alternative secular government. We will work for that to succeed. Let us see.”
“There are various factors we have to take into account when we decide to join a government. So let us first see what are those circumstances and then we will take a decision,” the CPI(M) leader said.
On his assessment of the polls so far, he said it was clear there was a three-way contest between Congress and its allies, the BJP and its allies and the non-Congress, non-BJP combination.
On Mr. Pawar’s view that the CPI(M) and the BSP together would not cross 65-70 seats and the Third Front would not be in a position to form government, he said Mr. Pawar had forgotten parties such as the BJD, the TDP, the JD(S), the AIADMK, the PMK and others of this front.
During a brief hearing before Chief Metropolitan Magistrate Kaveri Baweja, Additional Solicitor General P P Malhotra, appearing for CBI, filed an application informing the court that the Red Corner Notice issued against Quattrocchi was withdrawn in November last year.
The court then inquired as to what options were left with the prosecution in the case against Quattrocchi.
"There were eight accused in the case. Three are already dead, four were acquitted by the Delhi High Court in February 2004. Various attempts to get Quattrochi extradiated to India have failed," the ASG said, sidestepping the question put to him.
In her order deferring the hearing till September 8, the Magistrate said, "An application filed on behalf of CBI seeks period of two months to decide further course of action in the matter".
"It is stated that during the course of investigation, the Red Corner Notice was recalled. Extradition proceedings have not been completed for various reasons," Baweja said.
The Interpol had withdraw the Red Corner Notice against 70-year-old Quattrocchi, which was first issued against the Italian businessman in 1997, following a communication from the CBI.
Quattrocchi has not appeared before the court to face trial in the case and, as a result, charges could not be framed against him despite two chargesheets filed in the case. Subsequently he was declared an absconder.
The court had on February 10, 1997 send letters to Malaysia and the UAE seeking the arrest and extradition of Quattrocchi.
CBI had registered the FIR in the Bofors case on January 22, 1990, three years after Swedish Radio on April 16, 1987, claimed A B Bofors, the makers of the 155 mm howitzers, had paid kickbacks to top Indian politicians and key defence officials to secure the Rs 1,437 crore gun deal.
The contract between the Indian government and the Swedish Company for the supply of 400 field guns was signed on March, 24, 1986.
adha, Quattrocchi, former Defence Secretary S K Bhatnagar, former Bofors chief Martin Ardbo and Bofors company as accused.
The investigating agency on October 9, 2000 had filed a supplementary chargesheet naming Hinduja brothers- Srichand, Gopichand and Prakashchand - as accused in the case. The charges against them were quashed by the Delhi High Court on May 31, 2005.
Kalpana Morparia, who heads the India operations of JP Morgan cast her vote in the Mumbai South-Central constituency, and said, "it is very important to vote. At my polling booth, there was hardly anybody...I hope voting picks up as the day wears along," Morparia said.
The voters' response in the first two phases was at around 60 per cent.
From Bollywood's first family, Amitabh Bachchan, wife Jaya, son Abhishek and daughter-in-law Aishwarya Rai were at the Jamnabai Narsee polling booth in suburban Juhu to cast their vote.
Filmmakers Yash Chopra, Rakesh Roshan, Karan Johar, Farhan Akhtar, Subhash Ghai also cast their votes. Lyricist Gulzaar, yesteryear's 'bad man' Prem Chopra, columnist Shobhaa De also voted.
Raigunj (WB) (PTI): Exuding confidence that the Third Front would form the government at the Centre, West Bengal Chief Minister and CPI-M stalwart Buddhadeb Bhattacharjee today said it would keep "communal forces" like the BJP and the RSS at bay.
"The Third Front will come to power and would keep communal forces like BJP and RSS at bay. BJP means danger to the country, because the saffron party in power means riots and violence," the chief minister told an election meeting here.
The NDA allies are deserting BJP because of its communal agenda, he claimed.
Hitting out at the Congress-led UPA government at the Centre, Bhattacharjee said, "...Manmohan Singh betrayed us by signing the civil nuclear deal without discussing it with us...Has the prime minister thought of the price of per unit of nuclear power?"
Referring to the Congress, the CPI(M) leader said the party has to be voted out of power. "Its 'Garibi Hatao' slogan, adopted decades ago, has remained a merely a slogan as poverty continues to stalk the country...We have seen the Congress for 62 years and we are disillusioned," he said.
Satyam fraud: Full text of Raju's letter to board
"It is with deep regret and tremendous burden that I am carrying on my conscience, that I would like to bring the following facts to your notice:
1. The Balance Sheet carries as of September 30, 2008,
a) Inflated (non-existent) cash and bank balances of Rs 5,040 crore (as against Rs 5,361 crore reflected in the books);
b) An accrued interest of Rs 376 crore, which is non-existent
c) An understated liability of Rs 1,230 crore on account of funds arranged by me;
d) An overstated debtors' position of Rs 490 crore (as against Rs 2,651 reflected in the books);
2. For the September quarter(Q2) we reported a revenue of Rs 2,700 crore and an operating margin of Rs 649 crore(24 per cent of revenue) as against the actual revenues of Rs 2,112 crore and an actual operating margin of Rs 61 crore (3 per cent of revenues). This has resulted in artificial cash and bank balances going up by Rs 588 crore in Q2 alone.
The gap in the balance sheet has arisen purely on account of inflated profits over several years (limited only to Satyam standalone, books of subsidiaries reflecting true performance).
What started as a marginal gap between actual operating profit and the one reflected in the books of accounts continued to grow over the years.
It has attained unmanageable proportions as the size of the company operations grew significantly (annualised revenue run rate of Rs 11,276 crore in the September quarter, 2008, and official reserves of Rs 8,392 crore).
The differential in the real profits and the one reflected in the books was further accentuated by the fact that the company had to carry additional resources and assets to justify a higher level of operations thereby significantly increasing the costs.
Every attempt made to eliminate the gap failed. As the promoters held a small percentage of equity, the concern was that poor performance would result in the takeover, thereby exposing the gap. It was like riding a tiger, not knowing how to get off without being eaten.
The aborted Maytas acquisition deal was the last attempt to fill the fictitious assets with real ones. Maytas' investors were convinced that this is a good divestment opportunity and a strategic fit.
One Satyam's problem was solved, it was hoped that Maytas' payments can be delayed. But that was not to be. What followed in the last several days is common knowledge.
I would like the board to know:
1. That neither myself, nor the Managing Director (including our spouses) sold any shares in the last eight years - excepting for a small proportion declared and sold for philanthropic purposes.
2. That in the last two years a net amount of Rs 1,230 crore was arranged to Satyam (not reflected in the books of Satyam) to keep the operations going by resorting to pledging all the promoter shares and raising funds from known sources by giving all kinds of assurances (statement enclosed only to the members of the board).
Significant dividend payments, acquisitions, capital expenditure to provide for growth did not help matters. Every attempt was made to keep the wheel moving and to ensure prompt payment of salaries to the associates. The last straw was the selling of most of the pledged shares by the lenders on account of margin triggers.
3. That neither me nor the managing director took even one rupee/dollar from the company and have not benefited in financial terms on account of the inflated results.
4. None of the board members, past or present, had any knowledge of the situation in which the company is placed.
Even business leaders and senior executives in the company, such as, Ram Mynampati, Subu D, T R Anand, Keshab Panda, Virender Agarwal, A S Murthy, Hari T, S V Krishnan, Vijay Prasad, Manish Mehta, Murli V, Shriram Papani, Kiran Kavale, Joe Lagioia, Ravindra Penumetsa, Jayaraman and Prabhakar Gupta are unaware of the real situation as against the books of accounts. None of my or managing directors' immediate or extended family members has any idea about these issues.
Having put these facts before you, I leave it to the wisdom of the board to take the matters forward. However, I am also taking the liberty to recommend the following steps:
1. A task force has been formed in the last few days to address the situation arising out of the failed Maytas acquisition attempt.
This consists of some of the most accomplished leaders of Satyam: Subu D, T.R. Anand, Keshab Panda and Virendra Agarwal, representing business functions, and A S Murthy, Hari T and Murali V representing support functions.
I suggest that Ram Mynampati be made the chairman of this Task Force to immediately address some of the operational matters on hand. Ram can also act as an interim CEO reporting to the board.
2. Merrill Lynch can be entrusted with the task of quickly exploring some merger opportunities.
3. You may have a 'restatement of accounts' prepared by the auditors in light of the facts that I have placed before you.
I have promoted and have been associated with Satyam for well over 20 years now. I have seen it grow from few people to 53,000 people, with 185 Fortune 500 companies as customers and operations in 66 countries. Satyam has established an excellent leadership and competency base at all levels.
I sincerely apologise to all Satyamites and stakeholders, who have made Satyam a special organisation, for the current situation. I am confident they will stand by the company in this hour of crisis.
In light of the above, I fervently appeal to the board to hold together to take some important steps. TR Prasad is well placed to mobilise a support from the government at this crucial time.
With the hope that members of the Task Force and the financial advisor, Merrill Lynch (now Bank of America), will stand by the company at this crucial hour, I am marking copies of the statement to them as well.
Under the circumstances, I am tendering the resignation as the chairman of Satyam and shall continue in this position only till such time the current board is expanded. My continuance is just to ensure enhancement of the board over the next several days or as early as possible.
I am now prepared to subject myself to the laws of the land and face the consequences thereof.
(B Ramalinga Raju)
Copies marked to:
1. Chairman SEBI
2. Stock Exchanges.
LTTE killed Tamil civilians: surrendered Tiger leaders
Velayutham Dayanithi alias Daya Master, former media coordinator of LTTE, and George, official interpreter of top leader, also appealed to the remaining Tamil Tigers to renounce violence and join the mainstream.
"The LTTE is still using innocent civilians as hostages. They don't let them go out of the areas controlled by them. 'Viduthalai Puligal' (LTTE cadres) have killed a number of people in Sudanthirapuram area when they tried to flee from them," Daya Master, who surrendered to the Army last week, told the Sri Lankan state television.
"More than 200 people lost their lives at the hands of LTTE in that one area," he said.
George said people were scared of LTTE and after the humanitarian operations started "little by little" they used the vantage points to cross over to the Government-controlled areas.
"Many died when LTTE cadres, manning the vantage points, resorted to killing," George, who was close to slain LTTE leader S P Thamilchelvan, said.
Daya Master said he had been trying to escape LTTE for several years.
"When the LTTE broke away from the peace talks in 2006, I decided to break away since I believed in negotiations," Daya Master said.
He said after killing innocent civilians who tried to flee, the LTTE put the blame on the Sri Lankan Army of killing them.
Daya Master said the Tamil Tigers, now confined to a 5 sq km coastal land strip in Mullaitivu, were forcibly recruiting children in the age of 14-15 years.
"People who were born after 1994, 95 and even 96 have been forced by the LTTE to fight. They were recruited forcibly... they (LTTE) did not even spare the families which had only one child," Daya Master, who is now under the custody of the army, said.
"They did not spare even people who were sick and were suffering from heart diseases... they recruited everyone and attacked people who refused to heed," he said.
Recounting his more than 9-day journey from the LTTE-held areas to the 'Safe Zone', George said being old he could not run away from the LTTE.
"I could not run as I am old... I used the opportunity when people broke out in a group to escape from the LTTE. I was among thousands of people… so I was able to escape," he said.
George asked the remaining LTTE cadres to "renounce violence, throw away their arms, leave the leader and come to the military-controlled areas."
Rahul mocks Advani over Jinnah issue
Ghaziabad Launching a frontal attack on BJP, Cong General Secretary Rahul Gandhi criticised the saffron party's prime ministerial candidate L K Advani on Thursday saying he was not a "strong" leader.
"For the first time they sent a minister to release terrorists. Then Home Minister (Advani) now says he was not aware of it. Does a strong leader talk like this?" Gandhi asked taking a dig the BJP leader.
Addressing an election rally in support of the party candidate Surendra Goel in Ghaziabad, who is pitted against BJP president Rajnath Singh, Gandhi said, "In such a situation, a strong leader would have said I am resigning."
The young Congress leader also said Advani was now claiming such things when the former Prime Minister Atal Bihari Vajpayee "is not in a position to defend himself on the Kandhahar episode".
"Strong leader does talk about Jinnah in Pakistan," Gandhi said with sarcasm.
Hailing Prime Minister Manmohan Singh, the Gandhi scion described him as a strong leader.
"When the Left parties put pressure on the government and said they would withdraw the support on nuclear deal, I met Manmohan Singh. He told me it was important for the future. ‘Governments come and go'...this is the characteristic of a strong leader," the Cong general secretary remarked.
Gandhi also hailed Manmohan Singh saying the PM talked about the poor and wanted to take them along in the process of development.
Ridiculing BJP for giving the slogan of 'India Shining' in the 2004 elections, Gandhi said Congress does not believe in such slogans until every child goes to school and college, until poverty is abolished and every farmer is happy.
"We will continue to say India is progressing fast and until all the problems are resolved," he said.
The youth leader referred to rural job scheme, NREGA, loan waiver for farmers, mid-day meal at schools, nuclear deal in describing them as a step forward in the country's development.
Gandhi claimed that though BJP was opposed to the N-deal, but they (BJP) were ready to do it themselves. "But when we (Cong) found that there was some lacuna, we renegotiated it (N-deal). If Congress is doing it, it is wrong. This is their thought," Gandhi said.
He claimed they (BJP) would not tell you about the plan for your future but only criticise Congress. "Congress stand for progress for everybody, rich and poor, people belonging to every religion, every caste, and every state," Gandhi said.
Criticising the MNS leadership in Maharashtra, Gandhi said they asked people from UP and Bihar to go away from Mumbai. "All of us are Indians and we have to progress together," he said.
Referring to the Mayawati government, Gandhi said it was the matter of regret that "we cannot provide all help to the people as our one hand is tied".
"We have to change it in three years. We will change it," Gandhi said referring to the next assembly elections in Uttar Pradesh.
In a sharp attack on BJP for describing Manmohan Singh as a weak leader who cannot fight terrorism, Gandhi said after the Mumbai attack, the PM puts so much pressure on Pakistan that it admitted that terrorist came from there.
"Recently I went to Kashmir. There is peace... there is tourism," he said referring to the normalcy in the Valley and claiming credit for the situation after UPA came to power there.
India Inc freezes hiring but no layoffs: PwC
New Delhi Grappling with the economic downturn, most Indian companies have frozen their hiring plans for the short term, even as majority of them still rule out layoffs as a way of controlling costs, a PwC survey released said.Over three-fourth (76 per cent) of the respondents are reviewing their recruitment strategy to manage their costs in these unprecedented times, the survey by global consultancy PricewaterhouseCoopers revealed.
The report stated that most companies have frozen or deferred hiring and are adopting a "wait-and-watch" policy.
However, most companies are shying away from employee layoffs as a way of controlling costs, with as much as 84 per cent of the respondents voting against it.
The survey, carried out across 12 sectors and over 100 respondent companies, found that the IT/ITes sector is severely conservative in its hiring plans, with 84 per cent firms stating they have put a freeze on recruitment.
Moreover, about one-third of Indian companies (35 per cent) revealed they have frozen salary increments for the coming year and are reducing bonus or variable pays.
"Most companies in India are gearing up for tough times but are avoiding knee-jerk reactions, employers are uncertain about the extent, duration and depth of economic slowdown and the timing of a recovery," PwC India leader (People and Change Practice) Sankar Ramamurthy said.
Modi’s role in ’02 riots: top cop Rahul Sharma among witnesses
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Express News Service
Posted: Apr 30, 2009 at 0031 hrs ISTAhmedabad Senior IPS officer Rahul Sharma is among a dozen IPS and IAS officers who have been named as witnesses in the Zakia Jafri vs the State of Gujarat case. It is in this case that the Supreme Court has ordered a probe on Monday to establish if Chief Minister Narendra Modi and some of his then Cabinet colleagues had any role in the 2002 riots.
Sharma has been included as a witness as he had been privy to the breakout of large-scale violence in Bhavnagar where he was posted as the Superintendent of Police. He had “contained it by displaying unusual examples of independent ethical behaviour” and had also taken a bold stand during deposition before the Nanavati-Shah Commission.
Despite comandeering a skeleton force, Sharma managed to protect the students of a madrasa by firing at a mob resulting in the killing of several and injuries to 21 others. In fact, the then state home minister Gordhan Zadafia had taken him to task contending that more Hindus had been killed compared to Muslims as a result of the police firing.
Sharma subsequently protected a mosque when it came under attack from another mob and arrested 21 miscreants on March 21. In his depositions before the Nanavati-Shah Commission, Sharma said he had differences with senior police officers over the release of arrested persons. Later he was transferred from Bhavnagar in March that year.
Sharma was assigned to assist in supervising the investigations in the Naroda Patia and Gulberg Society massacre cases. Later, he had serious differences with senior police officer P P Pandey and others like D G Vanzara about the chargesheets filed in the cases.
He had submitted his differences in writing to the then Ahmedabad Police Commissioner K R Kaushik on June 4, 2002. His main objection pertained to the inconsistency in the FIR and chargesheet filed in the Gulberg Society case. He was then transferred as Commandant SRP, Group XI, at Vav near Surat. Subsequently, he was sent on deputation to the Central Bureau of Investigation (CBI).
In his depositions before the Nanavati-Shah Commission, Sharma also submitted a CD carrying call details of senior police officers and politicians belonging to the ruling party during the riots. An independent analysis of the call details by The Indian Express in November 2004 proved that claims of many police officers and politicians about their location during the riots were totally false and misleading.
Farewell gift to nation-in-law... PM, Sonia guilty, says BJP
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Express news service
Posted: Apr 29, 2009 at 1040 hrs ISTAhmedabad | New Delhi Describing the withdrawal of the Interpol Red Corner Notice by the CBI against Italian businessman and Bofors suspect Ottavio Quattrocchi as “the last nail in the coffin of the judicial process in the Bofors scandal”, NDA prime ministerial candidate L K Advani said he considered both Prime Minister Manmohan Singh and Congress president Sonia Gandhi “guilty” and promised to “examine the Quattrocchi issue if voted to power”.
Reacting to The Indian Express report on the CBI decision not to proceed against Quattrocchi, Advani told reporters in Ahmedabad that Singh and Gandhi were “directly responsible” for this and other “shameful acts of misuse of government institutions”. He said voters would punish the Congress the same way as they did in 1989 when the Bofors issue swept Rajiv Gandhi out of power.
Advani said the Quattrocchi affair showed that the UPA was “not confident of returning to power” and, therefore, “could not put on hold such an important decision” until the next government took over. He said “all this amounts to a conspiracy to bury the truth about Bofors”.
“I consider both the Prime Minister and Congress president guilty (of the withdrawal of the RCN)... His (PM’s) silence over the past five years on the systematic misuse of the CBI and the Law Ministry confirms his guilt. It also confirms my assessment that he is a weak and unworthy Prime Minister who had devalued his high office by making it subservient to the diktats of 10 Janpath,” Advani said.
He questioned how the Congress could be trusted on its promise of bringing back black money to India, alleging that kickbacks in the Bofors scandal too were deposited in secret Swiss accounts.
In New Delhi, the BJP promised to investigate the “CBI collusion with its political masters” if voted to power.
“It is time the CBI is made accountable,” BJP general secretary Arun Jaitley told reporters, saying the agency “deserves to be investigated” to restore its credibility.
He said the BJP would appoint a commission headed by a Supreme Court judge to investigate “the collusion of the CBI with the accused in several sensitive cases and suggest steps to institutionalise the independence of the CBI.”
Jaitley said the RCN had been withdrawn by the CBI “at the behest of the political establishment and at the cost of its own credibility.” He called it a “farewell gift to the nation-in-law” by the UPA government. The timing, he said, suggested that the UPA was convinced it would lose power. “Like most despotic regimes, it is obliging its friends in the last days of office,” he said.
The CBI, Jaitley said, had mastered “the art of self-goals” and “sabotage in criminal cases involving friends of the ruling establishment”.
On Quattrocchi being let off, he said it was evident from the CBI “delay in lodging an FIR, delay in sending letters rogatary, not appealing against an erroneous judgment of the Delhi HC in 2004, collusion in defreezing his bank account in London, making statements in London to the Crown Prosecutor that there was no case against him, allowing the statements to be used against itself in the arrest case in South America and, finally, the withdrawal of the Red Corner Notice”.
Is the wind blowing against the UPA?
Rasheeda Bhagat
Chennai: When you travel anywhere in the country bang in the midst of an election, no conversation can stray too far away from political parties and election prospects. More so, if you are a journalist. And so it was at a health writers’ workshop in Goa last week.
On the very first evening an animated debate broke out on the poll prospects of the two main groups contending for power — the Congress-led United Progressive Alliance and the BJP-led National Democratic Front. It soon appeared that the UPA, which was thought to have some advantage before the five-phase polling began, is fast losing that edge, at least in journalistic perceptions.
Nursing a drink in one hand and a cigarette in the other, a tall and lanky gentleman from Delhi waxed eloquent on how the BJP would win all the seven seats in Delhi this time. This sounded exaggerated, till he admitted that he was a BJP MLA from Delhi.
Hopefully, at least for his party, his political acumen is better than his sense of health, for the medical doctor countered a wry comment about the cigarette, saying, “... and I deal with cancer patients.”
UP’s changed equation
Then it was the turn of Mr Vivek Shukla, a feature writer from Dainik Jagran, Kanpur, to bat for the BJP. “I am no admirer of the BJP but this time it will do much better, thanks to the Brahmin vote. Even though UP Brahmins voted overwhelmingly in favour of Ms Mayawati’s Bahujan Samaj Party last time, this time she will not get such huge support from them.”
He says that though the BSP — which is now chanting the mantra of welfare and development of sarva samaj (all communities) — enthused by the Brahmin support it got in the 2007 UP Assembly elections has fielded 20 Brahmin candidates in the State, “UP Brahmins are not very happy with her work. Much of her support base from this community will shift back to the BJP and even the Congress, the two parties the Brahmins have always supported.”
Club Mr Shukla’s perception about the Brahmin vote and the apparent anger among the educated classes in the State over what they call Ms Mayawati’s failure to ensure much development and her regime’s preoccupation with constructing stone memorials and installing statues of Kanshi Ram and herself all over Lucknow, and the BSP does not appear as strong as perceived earlier.
The optimism in some quarters that Ms Mayawati will be able to get 40-50 seats from UP and emerge a strong contender for the prime minister’s post seems overstretched. Her party might improve on its tally of 19 seats won in 2004, at the cost of the Samajwadi Party which had got 36 seats and which banks more on Yadav, Muslim and Other Backward Class votes. But the number 40 appears stretched.
The Congress, on the other hand, is wooing Brahmins and other forward castes quietly, in direct contrast to the highly visible campaign of the Gandhi family scion, Mr Rahul Gandhi, pitching for Dalit support. But having failed to forge an alliance with the SP in UP, it might find it difficult even to hold on to the nine seats it got in 2004. This means the BJP and the BSP are likely to gain at the cost of the SP.
If senior journalists from both Karnataka and Madhya Pradesh, who were present in Goa, are to be believed, the BJP will do quite well in both these States. The Ram Sene issue, pointed out Mr R. Shankar, a senior editor from Bangalore, “has been blown out of proportion. Even Mr S. M. Krishna has been saying in interviews that this was the making of the media.
The BJP, which is ruling Karnataka right now, is likely to do very well here.”
Mr Jain, a senior health writer from Indore, had no doubt that the BJP would do “very well in Madhya Pradesh; people are very happy with MP Chief Minister Shivraj Chauhan. Without much hype, he has quietly been working for the development of the State and he will be rewarded.”
THE PM Question
All this is bad news not only for the Congress but for the UPA and its fair-weather allies such as the Nationalist Congress Party chief, Mr Sharad Pawar, and the Lalu-Paswan combine in Bihar. While Mr Pawar bowls a googly at the Congress every now and then — his latest being the election of a prime minister from the UPA only after the polls, clearly indicating that Dr Manmohan Singh is only the Congress’s, and not the UPA’s, prime ministerial candidate, each passing day makes the going tougher for the two champions of social justice in Bihar. They are pitted against a strong pro-incumbency current for Mr Nitish Kumar, who is an integral part of the NDA, and will help to swell its numbers.
In Andhra Pradesh too the Congress is not expected to sustain its 2004 performance, and there is no question of the UPA getting all 40 seats from Tamil Nadu and Puducherry, as it did in 2004. Small wonder, then, that voices are emerging from the UPA — first it was the Prime Minister and now it is Mr Pawar — for support from the Left.
This has emboldened the CPI(M) General Secretary, Mr Prakash Karat, to say that instead of the Congress expecting the Left parties’ support to keep out the BJP, it should think about extending support to the Third Front to keep out “communal forces”!
More Stories on : Politics | Politics | Rasheeda Bhagat
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An Independent India
The economic investment to create a new job in the petroleum industry is ... This will bring the poverty stricken families of India food security. ... The malnourishment of workers in India causes an estimated annual loss of ten billion ...
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The Tribune, Chandigarh, India - Opinions
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Deccan Herald - NREGS bail out package for recession
Festivals of India. Weather. Leisure ... However, Indian economy could withstand recession without any bail out packages beccause of NREGS, he claimed. ...
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14 Apr 2009 ... Unable to bail out capitalism from this downturn of the economy, ... the poor people of India are forced to pay dearly for the recession, ...
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Washington, October 1: US efforts to revive a $700 billion bank bailout bill with some new provisions offered hope for battered markets on Tuesday, ...
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Bailout plans fail, US recession continues for 17th month. Press Trust Of India. Time Published on Tue, Mar 31, 2009 at 23:33, Updated on Tue, Mar 31, ...
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India's fast bowler RP Singh is confident to carry the rhythm found in the IPL ga. ... 2009 IBNLive.com India. All Rights Reserved. A Web18 Venture ...
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More results from ibnlive.in.com »US to tweak bailout or risk deep recession
Latest news, breaking news - US to tweak bailout or risk deep recession.
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India Travel · Dance Forms of India · Festivals of India ... It would be unrealistic to offer cash incentives as bailout packages to exporters at ... "It would be difficult to manage the economy during recession if donor agencies do not ...
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In Cartoons: The Bailout and U.S. Recession. By newsadmin at 25 February, 2009, 3:20 pm. file000. file001. file002. file003. file004. file005. file0061 ...
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In Cartoons: The Bailout and U.S. Recession [...] Iklan Mudah Blog » Blog Archive » USA Unemployment by the Numbers: How Bad Is It Hurting? ...
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Can Bailout rescue the world economy from recession? ... China apprehends to achieve less than 7.5% might be at 7% and India from its 7.9% growth rate last ...
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Political doppelganger haunts public policyIBNLive.com - Apr 27, 2009 The other major bill was for something far less defensible than a bail out for debt hit farmers: A larger pay package for government servants, ... The Sleepless eco slumpSiliconindia.com - Apr 29, 2009 ... beginning with China,India are in a severe slowdown. So we're having a global recession and it's becoming worse. Then came the "Bailout Plans" . ... Global Economy is in Deep Recession Palluxo! - Mac Dose of All Things Apple Obama's First Hundred DaysPolitics Daily - 13 hours ago In his first 50 days, never mind his first 100, Obama trotted out a $2 trillion Wall Street bailout, a $787 billion economic stimulus package, ... Editorial: Stopping the bleeding Philadelphia Inquirer Impact of economy on US Open, Davis Cup forfeits and more chatterSI.com - Apr 29, 2009 But when your stock is in the commode, you've slashed jobs and you've been bailed out by taxpayers, it looks bad to associate yourself with clubby diversion ... Emerging-Market Stocks Rise Most Since ‘89; Ukraine, Rand LeadBloomberg - 6 hours ago The IMF said this month it will give Ukraine $2.8 billion from a $16.4 billion bailout package by mid-May, more than the $1.9 billion initially slated for ... The man Muslims love to hateBusiness Mirror - Apr 28, 2009 As India continues to tally the economic costs from the terror attacks by Islamic militants that killed 164 people in Mumbai in November, Modi stands out as ... US will see a better day, President tells nationToledo Blade - 8 hours ago WASHINGTON - A somber President Obama, marking the end of his first 100 days in office, warned a recession-weary nation yesterday that its patience and ... Filling The Gaps Left By GM's LayoffsU.S. News & World Report - Apr 28, 2009 With the auto companies like zombies (except thriving on bailout money instead of braaiinnsss), what's the Steel Belt to do? The politicians behind the ... Nigeria: 'To Survive Economic Meltdown, Country Needs ...AllAfrica.com - 10 hours ago I honestly believe that is one way to bail ourselves out. If we have that stabilisation fund, we will draw on it to meet certain needs instead of failing to ... |
Can Daredevils check the rampaging Chargers?Hindu - 22 hours ago West Indian Fidel Edward has also done a good job with part-timers like Rohit Sharma and Venugopal Rao also chipping in nicely. ... India's gradual slide into pessimismExpress Buzz - Apr 26, 2009 The fact is that all over India there has been a wave of unpublicised job losses and enforced pay cuts. It has generated a wave of fear, experienced by ... Phones weigh down Ericsson as profits slide 30%AFP - 7 hours ago ... announced 2000 job cuts, while ST-Ericsson, a joint venture created in February with ST MicroElectronics, on Wednesday announced 1200 job losses. ... Info Edge Q4 net profit dips 11%Business Standard - 8 hours ago PTI / New Delhi April 30, 2009, 16:06 IST Info Edge, owner of job portal Naukri.Com, today posted a 11.4 per cent decline in net profit at Rs 13.83 crore ... Info Edge (India) Limited Announced Annual and Q4 Results IT News Online Polls: India Inc turns out in full force to voteMoneycontrol.com - 2 hours ago ... this area with the business community as a whole frustrated with harsh tax laws, a slowdown in the retail sector and job losses in the private sector. ... Job loss scare driving Indian pilots to Gulf carriersEconomic Times - Apr 23, 2009 During the same period, senior Qatar Airways and Emirates Airlines officials announced massive expansion plans in India, saying the country was not only an ... Winning run had to end at some point: GillyCricketnext.com - 2 hours ago It had to happen and it has happened today and that's the reality," Gilchrist said after the Deccan Chargers" six-wicket loss to the Daredevils. ... Deccan Chargers v Delhi daredevils match preview OddsPreview.com KP's focus on spin pays off for ChallengersIndependent Online - 14 hours ago "If I can't do that then I am not the right man for the job and will happily step aside." It's clear that McCullum is wobbling on his throne, conceding that ... KP eyes super send-off Keo.co.za Nasscom to press for STPI benefitsHindu Business Line - 22 hours ago ... people and elucidating India's position. “There are far more job losses in the construction and manufacturing industry in the US than in technology. ... The world this weekEconomist - 3 hours ago ... hedge funds and private-equity funds with more than €100m under management. Fund managers warned of job losses and said the industry would be crippled. |
News results for Growth in India
India's Bharti Airtel Posts Strong Revenue, Profit Growth - 1 day ago Bharti Airtel, India's largest mobile services company, on Wednesday reported strong growth in revenue and profit for the quarter ended March 31, ...PC World - 225 related articles »KKR to look at growth investments in India - Reuters India - 31 related articles »Bank of India posts muted growth in Q4 FY09 - Moneycontrol.com - 209 related articles »India Economy Growth
India Economy Growth :The rate of growth improved in the 1980s. From FY 1980 to FY 1989, the economy grew at an annual rate of 5.5 percent, or 3.3 percent ...
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India's economy has been one of the stars of global economics in recent years, growing 9.2% in 2007 and 9.6% in 2006. Growth had been supported by markets ...
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Growth in India's information technology sector will slow due to a slowdown in the West but should still reach 22 to 24 per cent this financial year against ...
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8 Feb 2008 ... Again, while India now has the second highest growth rate in the world, its rank in terms of human development index (a composite measure of ...
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India last month saw the highest number of subscriber addition, 15.87 million, about three times the population of countries like Finland, ...
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20 Apr 2009 ... Earlier in March, multilateral agency IMF has projected India's growth to moderate to 5.25 per cent in 2009-10, while pegging it at 6.25 per ...
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State-wise Percentage Decadal Growth of Population (Arranged in Rank Order of 1991-2001) in India (1951-1961 to 1991-2001) ...
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EXPORT GROWTH IN INDIA: HAS FDI PLAYED A ROLE?
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Export growth in India has been much faster than GDP growth over the past few decades. Several factors appear to have contributed to this phenomenon ...
www.econ.yale.edu/growth_pdf/cdp816.pdf - Similar pages -
by K Sharma - Cited by 41 - Related articles - All 13 versions rediff.com: China's GDP growth slows, will India overtake?
17 Apr 2009 ... China's economy grew by 6.1 per cent, in first three months of 2009 its lowest rate in over a decade.
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10 Apr 2009 ... Rural growth is being spurred by development, which is expected to be a major vote-winner in upcoming elections.
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Times of India - Apr 28, 2009 Fonterra (Asia) MD Mark Wilson said that while it saw a lot of growth in India, "given the fragmented local milk supply that requires significant ... Britannia to buy out partner in New Zealand JV Deccan Herald Britannia acquires Fonterra stake in JV Moneycontrol.com Samsung India eyes 30% growth in sales revenuesEconomic Times - Apr 29, 2009 NEW DELHI: Samsung India is eyeing 30% growth in sales revenues to reach $2-billion in 2009 on the back of new product launches, said a top company ... Samsung unwraps LED TVs Daily News & Analysis Samsung India aims $ 2 billion turnover Khabrein.info General insurance industry logs 9 pc growth in 2008-09Economic Times - 5 hours ago Chennai-based United India recorded double digit growth of 14.3 per cent and collected a premium of Rs 4275 crore while Oriental Insurance could only manage ... Reliance Life sells 18.55 lakh policies in FY09 mydigitalfc.com Syndicate Bank guides 20% growth for FY10Moneycontrol.com - Apr 28, 2009 He are guides a steady growth of 20% in for FY10. “Given the current situation we believe the worst is over and we have bottomed out and we can only see ... Dhanalakshmi Bank's net profit up Kerala Online Bank of Baroda net profit soars 172% on overall income growth Hindu Business Line 'We are looking at India for both organic and inorganic growth'Business Standard - Apr 29, 2009 Bernardin tells SAPNA AGARWAL his plans for India and the Asia-Pacific to drive growth for the company in the years to come. The Indian operations of the ... Bucking slowdown trends, Leo Burnett keen on strategic ... exchange4media.com Tom Bernardin: We want tighter integration with India Televisionpoint.com India Inc gives a glimmer of hopeBusiness Standard - 17 minutes ago Though it is still too early to project any growth rate for the fourth quarter, initial trends suggest that corporate earnings are likely to be better than ... India to see further deceleration in growth: Moody'sBusiness Standard - Apr 29, 2009 PTI / New Delhi April 29, 2009, 20:40 IST India's economic growth may decelerate considerably in 2009 amid a moderation in both external and domestic demand ... India to grow at 4.6 pct in 2009 - Moody's Economy.com Reuters India Bank of India a performer: ICICIdirect.comMoneycontrol.com - 10 hours ago "Bank of India's (BOI) Q4FY09 results were in line with our estimates with PAT growth of 7% YoY to Rs 757 crore. Total global business of the bank grew 26% ... Bank of India sees 20 pct credit growth in FY10Reuters India - Apr 29, 2009 The bank's net interest margin rose marginally to 2.97 percent, from 2.95 percent despite the subdued credit growth scenario in FY09, chairman and managing ... Bank of India sees 20% credit growth Livemint Bank of India net profit up 7% at Rs 810 crore Hindu Business Line Shining Q4 results of PSBs push banking stocks Financial Express |
