Indian Holocaust My Father`s Life and Time- Two Hundred SIXTY Seven
Palash Biswas
http://indianholocaustmyfatherslifeandtime.blogspot.com/
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Financial TimesJyoti Basu kept West out of Bengal - 10 hours ago
KOLKATA/NEW DELHI: Jyoti Basu, who strode the nation's political landscape ... Basu, known for whiplash candour, told the media in December 1997 that the ...Economic Times - 1619 related articles »
Lal salaam to Jyoti Basu on social networks - CIOL News Reports
18 Jan 2010 ... Tributes have been pouring in for veteran Marxist Jyoti Basu on social networking portals, with hundreds of ... Business-Media Solutions: ...
www.ciol.com/News/News-Reports/Lal...to-Jyoti-Basu.../0/ - 1 hour ago -The Hindu : News / National : Jyoti Basu's son deplores rumours
6 Jan 2010 ... CPI(M) Polit Bureau member Biman Bose urges the media not to spread rumours about the health conditon of veteran CPI(M) leader Jyoti Basu, ...
beta.thehindu.com/news/national/article76739.ece - Cached -Jyoti Basu, Communist Who Ran Indian State for 23 Years, Dies ...
17 Jan 2010 ... Jyoti Basu, who ruled India's eastern state of West Bengal for 23 years at the head of an elected ... Related Topics In Business Exchange ...
www.businessweek.com/.../jyoti-basu-communist-who-ran-indian-state-for-23-years-dies.html - Cached -India's veteran Marxist leader Jyoti Basu dies - Economy and ...
18 Jan 2010 ... Business of Life ... Kolkata: Jyoti Basu, the charismatic Indian Marxist who headed the ... Copyright © 2009 HT Media All Rights Reserved.
www.livemint.com/2010/01/.../India8217s-veteran-Marxist.html - 2 hours ago -Marxist patriarch Jyoti Basu dead - Home - livemint.com
17 Jan 2010 ... Marxist patriarch Jyoti Basu dead, Basu, who came close to becoming prime minister in 1996, ... Business of Life .... "Jyoti Basu did not go gentle into the good night. ... Copyright © 2009 HT Media All Rights Reserved.
www.livemint.com/2010/.../Marxist-patriarch-Jyoti-Basu-d.html - 21 hours ago -The Hindu Business Line : Jyoti Basu — last of the titans
18 Jan 2010 ... With the passing of Jyoti Basu, the curtain falls on an era of titans that will .... the media persons surrounded us and asked whether our ...
www.thehindubusinessline.com/.../2010011850630900.htm - 19 hours ago -Communist patriarch Jyoti Basu dies - International Business Times
17 Jan 2010 ... Jyoti Basu, the patriarch of Indian communism whose pragmatic politics twice saw him ... "Jyoti Basu played the role of the elderly patriarch whose more mature, ... 'Rann' exposes both sides of media industry · India, ...
www.ibtimes.co.in/.../communist-patriarch-jyoti-basu-dies.htm - 21 hours ago - Cached -Jyoti Basu remains very critical
The condition of 95-year-old ailing Jyoti Basu remained very critical on Friday morning ... Asked about a media report that hackers from China have targeted ...
www.in.com/.../jyoti-basu-remains-very-critical-12420887-6936ffd805e9e3b3a6f93d5d4af747d0274d3900-1.html - Cached -Jyoti Basu
17 Jan 2010 ... News from World Media > BBC: South Asia. Jyoti Basu. The man who was nearly India's first Communist leader... Read More. Sunday, 17 January 2010 ... Indian communist leader Basu dies ... Belfast Telegraph Business News ...
www.turkishweekly.net/media/792592/jyoti-basu.html - United States - Cached -Eminent Personalities : Jyoti Basu neglected industry initially ...
18 Jan 2010 ... Kolkata, Jan 18 (IANS) For the bulk of the 23 years as West Bengal chief minister, Jyoti Basu led the state to great achievements in ...
www.jansamachar.net/display.php3?num=67815&id= - 2 hours ago -
Indian Leaders Mourn | Jyoti Basu's Demise | BJP | Congress | CPI ...
17 Jan 2010 ... Kolkata, Jan.17: The grief of Jyoti Basu's demise overwhelmed the entire political fraternity, as leaders expressed their heartfelt condolences as their ... shivraj On Gujarat fishing export business hit by recession ...
news.oneindia.in/2010/01/17/indianleaders-mourn-jyoti-basudeath.html -Indian leaders mourn Jyoti Basu' death - Yahoo! India News
17 Jan 2010 ... The grief of Jyoti Basu's demise overwhelmed the entire political fraternity, as leaders expressed their heartfelt condolences as their last ...
in.news.yahoo.com/139/.../tnl-indian-leaders-mourn-jyoti-basu-deat.html -Leaders condole Basu's death: India Today - Latest Breaking News ...
17 Jan 2010 ... BJP condoles Basu's demise. BJP condoled the death, describing him as ... "Jyoti Basu was one of the tallest contemporary leaders of Indian ...
indiatoday.intoday.in/site/.../Leaders+condole+Basu's+death.html - Cached -World Cup trophy show cancelled after Jyoti's Basu's death ...
West Bengal's business community mourns Basu's demise · Basu 'one of the tallest leaders' in Indian politics, says BJP ...
www.newkerala.com/news/fullnews-32580.html -Sindh Today – Online News » West Bengal mourns Jyoti Basu (Lead)
Senior CPI-M leaders, Basu's relatives and party activists wept inconsolably as party cadres periodically ... Business community mourns Basu's demise (Lead) ...
www.sindhtoday.net/news/1/93698.htm -CPI (M) patriarch Jyoti Basu bids adieu
18 Jan 2010 ... Kolkata: Jyoti Basu, one of India's tallest political leaders whose influence extended far beyond ... TN Governor, Karuna, Jaya condole Basu`s demise ... After making jis son a business man by stealing tax payers money. ...
www.zeenews.com/news596576.html - 1 hour ago -jyoti basu News
30 posts - 6 authors - Last post: 2 hours agoJyoti Basu neglected industry initially: Economists ... mourned the death of one of its most accomplished leaders Jyoti Basu, who ruled the state for a record 23 years. .... Business community mourns Basu's demise (Lead) ...
www.thaindian.com/.../tag/jyoti-basu - United States - 2 hours ago - Cached - Similar -Jyoti Basu: Latest News, Photos and Videos
- 6 JanExplore Profile of Jyoti Basu at Connect.in.com, see Jyoti Basu web of connections, news, videos, ... Business Leaders · Financial Experts · Companies · TV Channels ... With the death of Jyoti Basu, an era in political Bengal has come to an end. ... Jyoti Basu RIP, still isnt very moved by his demise (1 comments) ...
connect.in.com/jyoti-basu/profile-157979.html - Cached - Similar -The Hindu : States / Tamil Nadu : TN leaders condole Basu's demise
17 Jan 2010 ... TN leaders condole Basu's demise. PTI. Share · print · T+. Floral tribute to former West Bengal Chief Minister Jyoti Basu at the party ...
beta.thehindu.com/news/states/tamil-nadu/article81591.ece -Veteran CPM leader Jyoti Basu passes away - Express India
17 Jan 2010 ... The charismatic 95-year-old Basu fondly called Jyoti Babu, one of the tallest leaders of the Communist movement who strode the political ...
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Bangladesh Parliament adjourns business, mourns Jyoti Basu's death ...
Bangladesh Parliament adjourns business, mourns Jyoti Basu's death - Dhaka, ... the demise of former West Bengal Chief Minister Jyoti Basu regarded as a ''tested ... Read other world-news stories · Visit Home Page for fresh content ...
www.newkerala.com/news/fullnews-32672.html - 12 hours ago -Business Daily Review | Bangladesh parliament mourns Jyoti Basu's ...
Business Daily Review. Monday, January 18th, 2010 ... World News Teasers .... Bangladesh parliament mourns Jyoti Basu's death ...
businessdailyreview.com/world.../bangladesh-parliament-mourns-jyoti-basus-death.html - 33 minutes ago -World Cup trophy show cancelled after Jyoti's Basu's death - Yahoo ...
17 Jan 2010 ... World Cup trophy show cancelled after Jyoti's Basu's death ... cancelled their World Cup trophy show here Sunday after the demise of former ...
in.news.yahoo.com/43/.../tsp-world-cup-trophy-show-cancelled-afte.html -Business community mourns Basu's demise - Yahoo! India News
17 Jan 2010 ... 'Not only in Delhi, Mumbai or Kolkata, Jyoti Basu was known all over the world. His demise is a sad affair...he was such a nice man. ...
in.news.yahoo.com/.../tbs-business-community-mourns-basu-s-dem.html - 23 hours ago -World Cup trophy show cancelled after Jyoti's Basu's death ...
World Cup trophy show cancelled after Jyoti's Basu's death News - Kolkata, ... body to be given to hospital · Business community mourns Basu's demise ...
newshopper.sulekha.com/world-cup-trophy-show-cancelled-after-jyoti-s-basu-s_news_1140615.htm -IndiaVision News - World Cup trophy show cancelled after Jyoti's ...
World Cup trophy show cancelled after Jyoti's Basu's death. ... West Bengal's business community mourns Basu's demise ...
www.indiavision.com/news/article/sports/14839/ - 7 hours ago -Business community mourns Basu's demise (Lead)
17 Jan 2010 ... Business community mourns Basu's demise ... ... "Not only in Delhi, Mumbai or Kolkata, Jyoti Basu was known all over the world. His demise is a sad ... Jyoti Basu asked me to preside over Lok Sabha trust vote: Somnath ...
www.prokerala.com/news/articles/a108156.html -The Hindu : News / International : Bangladesh parliament mourns ...
17 Jan 2010 ... "We have just lost a great son of the Bangla speaking world, Jyoti Basu. I am shocked and saddened that such a great leader and fighter ...
beta.thehindu.com/news/international/article81765.ece - 9 hours ago -Sindh Today – Online News » World Cup trophy show cancelled after ...
World Cup trophy show cancelled after Jyoti's Basu's death ... "The Coca-Cola system and FIFA are deeply saddened by the demise of Mr. Jyoti Basu. ... West Bengal's business community mourns Basu's demise · Basu 'one of the tallest ...
www.sindhtoday.net/news/1/93623.htm -jyoti basu News
30 posts - 6 authors - Last post: 2 hours agoJyoti Basu neglected industry initially: Economists. January 18th, 2010 - 4:51 pm ICT by IANS - .... Posted in World, | No Comments » ... Business community mourns Basu's demise (Lead) ...
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Basu's dying wish: To `live' for ever
In death, Jyoti Basu has made a point, unlike other Marxist leaders. The charismatic Marxist made a plegde a few years back that his body should be donated for research. He had said that as a true communist he would serve humanity till his last breath and continue to serve even after his death. According to his wishes, Basu's mortal remains will be handed over to the SSKM's anatomy department in Kolkata on Tuesday.
The body of former West Bengal Chief Minster Jyoti Basu being shifted to a morgue in Calcutta on January 17.
Not many leaders have taken such a step, even in hardcore communist countries. Even the body of Karl Marx, the founder of the Marxist movement, was buried. Vladimir Lenin's body has been kept at the Lenin Mausoleum for posterity by embalming it, but has not been donated for research. Joseph Stalin's body was kept next to Lenin's for while and was later buried near other minor leaders of Revolution near the Lenin Mausoleum.
China's Deng Xiaoping's organs were donated, remains cremated and ashes scattered over the seas. Another Communist leader from China, Chou en Lai's body too was cremated and ashes scattered by air over hills and valleys according to his wishes. Communist leaders in India like EMS Namboodriripad and Harkishan Surjeet Singh too were cremated.
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Share itCorporate, LPG MNC Realty Builder shining India Celebrate the Death of the Marxist Patriarch which is EXPRESSED to the point by India Incs Political Human face the latest Brahaminical Hegemony Icon Ms Mamata Banerjee that the Demise of Comrade Jyoti Basu is the First as well as last Chapter of Marxist Government in Bengal. Mind you, Indian National CORPORATION (INC) party and RSS (Hindu Mahasabha) did concentrate on the Specific demography of Bengal to complete the Home work for Transfer of Power to the Brahami Bania corporate Raj. Bengal and Punjab were divided to kill the Demography of Indigenous Aboriginal Demography. BRAHMIN Jati Party (BJP) heading NDA and Corporate Congress party heading the UPA represent the India Incs as well as Tri Iblis Zionist Hindu Us Imperialist World order specially after GENETIC Research established the EURASIAN Origin of Aryans and the Indian Brahmins identified themselves with Zionist Jews!Neo Liberalism introduced meanwhile and 9/11 Event stimulated the Hatred campaign against the Indigenous, Aboriginal and Converted Minority Communities in India resultant in Mass Scale Displacement on the name of Development and Infrastructure, Exodus, Food Insecurity, Job Loss, Destruction of Production system and Nature,Environment, ecology and Bio cycle with ethnic Cleansing of nature associated communities, SC, ST and OBC along with Refugees, Nationalities, Identities, Folk and Rural World, Mother Languages, Livelihood and slum dogs Urban and semi Urban for which Citizenship Act was amended to deport the Partition Victims and induct NRIs in Governance and Policy Making, then Unique Identity Number with which more than Five Hundred Indian Indigenous Aboriginal and Converted Minority people would be Annihilated by MICRO Minority Indian Jews who controls the Global Market and Galaxy Empire of Post Modern Manusmriti and Apartheid.
I have been insisting for long that Ambedkarite Economics and Marxism or Maoism have no Contradictions at all. Even Women LIB movement is relevant in its sprite to liberate the greatest Underclass in Human civilisation worldwide. I have been campaigning against US Corporate Imperialism since my Environment Activism days. Marxism, and then Maoism later had been the best Instrument to mobilise anti Imperialist Anti Fascist Movement to which Indian Marxists as well as Maoists betrayed as the so called Ambedkarites undermined Ambedkarite Ideology and economics and immersed themselves into Casteology to get share in political system without Internal Democracy, social and economic Mobilisation and Empowerment!Economic reforms being the Top most Priority for the ruling Hegemony as well as India Incs Government of India as well as ruling Class to accomplish global Agenda of Mass destruction, Ambedkarite ideology and economics, Marxism, Maoism and woman Lib movement have to be ELIMINATED to ged RID of Hindrances midst the Capitalist Super Highway for the Ruling Classes and market Dominating communities in the US promoted democracies worldwide in a GALAXY on Fire!
Thus, the Finance Minister of India, the Elite Kayastha Brahmin, the Mastermind of ethnic Cleansing PRANAB Mukherjee fixed 2011 as the cut off year to implement Direct tax code to achieve the Goal of Counter Revolution to set FIIs, Corporates, Money Machine and Global Capital as well as War and Civil war Machinery FREE getting RID of all Welfare Liabilities! Mind you, MASS Movement and social Mobilisation may not RESIST Economic Disaster and Man Made calamities and Pandemics unless and until Organised sector and Production system are INVOLVED in Insurrections. Hence, Trade Union Movement is the greatest Head Ache for the Government led by Extra constitutional Anti national Immoral US Planted Planted Impostors and India Incs Managers, World Bank Employees. Trade Union Movement has to be FINISHED. It is rather hard until the Marxist Base remains INTACT in Bengal because it has left the Revolutionatry ways it had when the Party was banned, or had been involved in Insurrections, Uprisings, land reforms, food Movement and so on. Jyoti Basu, Surjeet and Nambudaripad made the CPIM relevant in National Politics adopting the Parliamentary democracy and further specifically Comrade Jyoti Basu introduced alliance Politics to keep the fascist and Imperialist Elements out of Power with his Sharpest Mind and acute Pragmatism. Basu indeed made CPIM acceptable to the Brahaminical hegemony and converted CPIM into a Brahmin party Bengali and his Front turned out to be a Brahmin Front. But out of Bengal, Basu remained relevant as a Hegemony Icon of Land reforms, Rural Development, decentralisation, Federalism and democratic and Trade Union Movement.Despite the Genocide Culture prevailing in Bengal under Marxist Rule, despite MARICHJHANPI, Binon Setu, Keshpur, Nanur, Singur, Nandigram and Lalgrah and Gorkhaland Experiences, the Marxists led by Basu remained a major Challenge to be dealt with as far as Economic Reforms are concerned with. Indo US Nuclear Deal was Protested by the Left and the Left holds the key of Indian Trade Union Movements and the Ambedkarites are IRRELEVANT in Demographic and Political Equations, the Demise of Jyoti Basu makes the task damned easy! Mamata said it Bluntly. But the Morning papers sent the Message systematically as Anand Bazaar Patrica DEMONISED Basu and described his Tenure as Destruction of Bengal in all Fields. The Edits, Memoirs and news items, articles systematically and methodically proved it. Economic Times had the India Incs Icons to commemorate Basu. It is UNPRECEDENTED in the History of Indian Media.
Sheikh Hasina, Sonia Gandhi to attend Basu's last journey
Bangladesh Prime Minister Sheikh Hasina and United Progressive Alliance (UPA) chairperson Sonia Gandhi will be among a host of dignitaries scheduled to arrive here Tuesday to pay their last respects to Marxist patriarch Jyoti Basu.Union Finance Minister Pranab Mukherjee will represent the central government, Communist Party of India-Marxist (CPI-M) West Bengal state secretary Biman Bose told mediapersons here.
Bose said several other central ministers, including Urban Development Minister S. Jaipal Reddy, have also said they would be present when Basu's body is taken out of the funeral parlour, Peace Haven - where it is now embalmed - and handed over to a state-run hospital.
Rashtriya Janata Dal (RJD) chief Lalu Prasad is reaching the city Monday to attend Basu's last journey.
Top leaders of other national parties are also scheduled to attend, Bose said.
Bharatiya Janata Party (BJP) stalwart L.K. Advani, party president Nitin Gadkari and Janata Dal United (JD-U) leader Sharad Yadav will fly in to the city Tuesday afternoon to pay their last respects at the state assembly where Basu's body will be kept for public viewing, BJP sources said.
All members of the CPI-M politburo and several central committee members will attend the last journey of the former West Bengal chief minister.
Asked whether representatives of communist parties from abroad will be present, Bose said: 'No names have been confirmed yet'.
In New Delhi, Congress spokesperson Shakeel Ahmed confirmed Sonia Gandhi would be going to Kolkata Tuesday.
The Congress chief had written to Jyoti Basu's son Chandan Basu Sunday to condole the death and had described the Marxist leader as a 'tireless crusader against communalism' and a 'warrior for social justice'.
The Congress president said Basu 'did not go gently into the night - he fought bravely until his last breath, just as he did throughout his life. And what a rich, fulfilled and glorious life he had.'
Sonia Gandhi also said that Basu had contributed to the formation of the United Progressive Alliance government in 2004. 'We continued to count on him for his wise counsel even after he retired from political life,' she said, adding that his demise had left millions of his political followers in the country feeling bereft.
There will be no funeral of Basu on Tuesday as he has pledged his body for medical research. The body will be handed over to a government-run hospital Tuesday. His eyes have already been donated.
Biz leaders laud Jyoti Basu's vision
The country's business leaders set aside ideological differences to pay tributes to veteran Marxist leader and former chief minister Jyoti Basu, who had a capital and business-friendly image among many despite criticism that his reign over West Bengal stymied industrial growth.
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'A sahib in a dhoti', a 'bhadralok', 'a pragmatic patriarch','Communist by training and patrician in temperament, Marxist by conviction and a liberal democrat in practice, mass leader and recluse...' Just what or who was Jyoti basu? As Ashok Mitra put it in the Telegraph:
After Subhas Chandra Bose, Jyoti Basu was the next idol the Bengali masses created and clung to. The chemistry at work was almost inexplicable, for Jyoti Basu was by nature a shy and reserved individual. That apart, despite his fame as a spellbinding speaker, he abhorred histrionics; his voice never deviated from the normal pitch, the electric current nonetheless hurtled across in waves and a bond got instantly established between the person on the podium and the assembled dishevelled rows of humanity. The Communist Party of India (Marxist) and the Left Front owe an immense deal to this inexplicable phenomenon.
While most obituary writers recognised Jyoti Basu's biggest contribution to be the land reforms and agrarian rights for sharecroppers that he helped usher in via Operation Barga in the early years of his tenure, there were also many controversies that dogged India's longest serving chief minister. Swapan Dasgupta, after characteristically saying, "If you seek his monument, look around," elaborated:
Initially, the party went in for radical land reforms and decentralisation of power to consolidate its hold in the countryside. But after five years, this strategy had run its course—though the political dividends keep flowing to this day. When it came to the revival of manufacturing and the creation of a new services sector, the Chief Minister found himself outvoted inside the party. His government adopted measures such as the abolition of English teaching till class 5 and the politicisation of institutions which set West Bengal behind by decades. Trade union militancy and crippling power cuts led to the decimation of small and medium industry. To the investing classes, Bengal became a big no-no. Its efficiency was limited to the organisation of bandhs.
...He inherited a crumbling edifice and bequeathed a similar structure to his predecessor. He merely prevented the roof from caving in.
[Also See: Kanchan Gupta: Destroyer of West Benga]
The Telegraph, Calcutta provided a fuller list of the many controversies that dogged him.
He had a reputation among reporters, as Monobina Gupta recalls, for his "exasperatingly short, brusque replies, sometimes even with outright sarcasm or rudeness". Which is why, it was wonderful to also be reminded about about the warm, human side of the man many people accused of being aloof: Barun Ghosh on How Basu saved my job in Telegraph.
Some other articles of note:
Saubhik Chakrabarti in the Indian Express appraises Basu's failures and puts his tenure in perspective:
Basu's many obit writers, irrespective of their politics, refer to him as a tall and visionary leader who often seemed bigger than the party. CPM's Vajpayee, as it were.
Here's the third surprise: Basu was actually CPM's Advani. He had personality by the spades. But like Advani, Basu couldn't rise above the party. He didn't even try. He was very much a part of the party's political think tank that downgraded real welfare provisioning. He never seemed to recognise the limitations of the CPM-is-Bengal/Bengal-is-CPM mantra. Indeed, he was its showpiece.
Jyoti Basu could have reworked the Bengal CPM model. He had the political heft to do it. The final surprise: he never saw the need.
Sunanda K. Datta-Ray in the Telegraph:
Given Indian class consciousness, villagers and the party's rank and file were awed by his aloof manner and unseeing, hooded gaze. He seemed born to rule. Westerners, especially the British, loved his unsmiling visage and clipped, monosyllabic replies. Society women swooned over his gallantry. One who wanted her whiskey small at a cocktail party was very taken when Basu intervened, "Don't worry, they serve it in homeopathic doses in this house!" Such repartee was not expected from an austere Marxist whose government was identified with radical social and economic measures
...He was too sophisticated to discuss land concessions, contracts, loans and licences at social occasions; but they soldered the bond that gave rise to the "Communist Party of India (Marwari)" joke about the CPI(M).
...He sanctioned or turned a blind eye to criminally harsh repression and the use of agents provocateurs. He chose to condone police brutality, often making light of the atrocities reported in the newspaper I edited. "Editor-sahib sees torture everywhere!" he once joked. When I defended my reporter's eye-witness account he replied that he had asked the police commissioner, who had denied the story. Naturally, the police commissioner would deny a report that indicted his men. Similarly, Basu did little or nothing to prevent the CPI(M) and its allies from sponsoring illegal immigration from Bangladesh. He railed against the Anandabazar group at our last meeting, saying they invented stories about him.
Aditya Nigam in Kafila:
Basu was neither Bonaparte nor Caesar. He was certainly not a 'heroic' personality, and not by any means a demagogue. His political appeal came from his 'ordinariness'. His political speeches in rallies at the Brigade Parade ground, were delivered in simple conversational style, almost sounding like one-to-one conversations. No fire-spouting rhetoric; no big words whose meaning only the converted can understand.
...Many have labelled this style 'pragmatic' – a euphemism for the somewhat more uncharitable term 'opportunist'. That is to say, uncluttered by 'ideology'. This diagnosis is, interestingly, shared by many. In the eyes of liberals, 'ideology' refers to doctrinairism and is essentially negative, whereas to many Marxists, it refers to purity. But for both, Basu's style of doing politics shuns ideology. In our reckoning, both these readings are completely off the mark. Basu's politics was certainly uncluttered by ideology but in another sense: there was nothing pre-determined about his responses. It was as if one was 'thrown' into a political context where all had to fall back upon was one's political instincts.
Gopal Krishna Gandhi in the Telegraph:
It was in London, where I was working as director of The Nehru Centre, that I had got to know Jyotibabu. The year was 1993. The Nehru Centre had organized a commemoration of the 200th year of Cornwallis's Permanent Settlement. Jyotibabu was the chief speaker. His head buried in the text, he read in an unfluctuating timbre and tone from a prepared script. And as he progressed from page to page of the closely typed document I could see many in the audience 'switching off'. Jyotibabu, too, seemed to realize this for he suddenly stopped midway and, looking up through his spectacles, said, "You can see I am reading this out. It has been written for me by an expert who knows all these things. I do not know all this myself. I am also learning as I read this. You see, for most of my life I have been among the people, with little time to read or study…." The audience burst into applause in appreciation of the candour of this man who had shaped history, while most of the listeners had only read history and some had written on aspects of it.
Pratap Bhanu Mehta in the Indian Express:
http://blogs.outlookindia.com/default.aspx?ddm=10&pid=2171&eid=5Sometimes the true measure of a man is precisely the sense of regret over all that he could have achieved. Many analogies will be used to describe Jyoti Basu. But with the benefit of hindsight he reminds one more of tragic Rajput princes more than anyone else. These are people who built incredible political citadels, often at great personal sacrifice. They were even able to make them impregnable, and often worked with a sense that they were making history. The whirl of events, in the world at large, did not defeat them. But it did render them progressively more on the wrong side of history.
Basu built a magnificent political citadel against two enemies: the Congress centralism of Delhi and the horrendous exploitation of share croppers in Bengal. But while this was enough to keep his party secure in power, it was not enough to prepare his people for the whirlwind changes that India and the world have experienced. But it is a measure of his personal greatness that his contributions to Indian democracy will long survive debates over his ideological fidelity to communism. Some will regret that he was not more Maoist, more ruthless; others will regret that he was not Deng, more thoroughly pragmatist about development. But Indian democracy will be grateful that he remained Jyoti Basu: someone who knew how to consolidate real power, but who did not let it go to his head.
Tributes paid to Indian communist leader Jyoti Basu
 Jyoti Basu ruled West Bengal for 23 years |
Thousands of people in the Indian city of Calcutta have queued up outside a mortuary for a glimpse of communist leader Jyoti Basu's body.
Mr Basu died at the age of 95 on Sunday after a long illness. Tributes have been pouring in from around the world.
He was chief minister of West Bengal state from 1977 to 2000 and led the Communist Party of India-Marxist (CPM).
Mr Basu was credited with restoring stability to the state, and bringing in land reforms.
In 1996 he was offered the post of prime minister in a national left-of-centre coalition, but his party chose to support the government from outside the coalition.
Mr Basu described his party's decision not to join the coalition as a "historic blunder."
'Pragmatic'
The Communist-led government of West Bengal has announced two days of mourning in the state.
All state government offices are closed and the authorities have also requested private organisations to keep their offices closed on Monday.
Thousands of people gathered outside the mortuary despite the morning chill to pay tribute to Mr Basu, the BBC's Subir Bhaumik in Calcutta reports.
 |  He made Communism look respectable  Sabyasachi Basu Roy Choudhuri  |
The body is to be taken to the state-run SSKM hospital on Tuesday evening.
There will be no cremation - Mr Basu's body will be donated to medical research in accordance with his wishes.
Mr Basu was India's most respected Communist leader.
"He was one of independent India's most able administrators and politicians. I often turned to him for his sagacious advice... which was statesmanlike, always pragmatic and based on unshakeable values," Prime Minister Manmohan Singh said.
"His death ends a chapter in the country's politics," former PM and senior Bharatiya Janata Party leader Atal Behari Vajpayee said.
Bangladesh's prime minister Sheikh Hasina described Mr Basu as "a great leader not only of India but also of South Asia".
"We recall with deep gratitude his contribution to the liberation of Bangladesh and conclusion of India-Bangladesh Ganges water-sharing treaty," she said.
She is due to arrive in Calcutta on Tuesday to pay tribute to Mr Basu.
The Communist leader leaves behind a controversial legacy.
Though he undertook crucial land reforms in West Bengal state and empowered the peasantry, the state slid into industrial stagnation and the period of his rule was characterised by radical trade union activity.
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| | ||||
 Apoorva Salkade Spaced out MHADA low-cost homes in Mumbai business: housing Reaching The Roof There's a cloud over middle-class dreams of affordable homes |
- Around 15% price escalation in last six months hitting demand for affordable housing projects
- Low appetite for risk, commute distance or drawbacks in infrastructure is holding back buyers
- Perceptions of affordable housing differs across cities and income groups
- Price is a starting point, but most consumers are also seeking quality and infrastructure
***
It has staved off the worst effects of the slowdown and spawned over 450 projects across the country from some of India's leading property developers. But even before the boom in affordable housing fructifies, worrying questions are being raised about the viability of demand for one- or two-room apartments at a reasonable price—Rs 5 lakh to Rs 30 lakh. Simply put, at a time when credit is easily available, consumer interest seems to be flagging. Is the trend for affordable housing in trouble?
"Property prices have risen 15-20 per cent in the past six months. If there is a rise in home prices, people will get out of the market, as it is the middle-income group that is driving sales," warns Renu Sud Karnad, managing director, HDFC ltd. As property prices firm up, there's a ripple effect on the lower segment. Now, there are fears that a further 25-30 per cent rise in residential property prices might strangle the demand from those seeking low-priced housing.
The apprehension seems justified. During the year-long liquidity crunch from mid-2008, the government had stepped in to offer a helping hand: it partnered private development and provided incentives for affordable housing in the sub-Rs 20 lakh bracket. Yet, either there aren't enough appealing projects available or there aren't enough takers for 'affordable' housing in cities like Mumbai, Greater Noida or New Gurgaon. "During the downturn, when supply was more than the demand, there was a decline in prices," says a spokesperson for developer Parsvnath. "Now, as the demand has started picking up, there's a cascading impact on the prices."
The problem is multifold. The most important facet is the perception of what is 'affordable' housing. Property developers broadly bracket it as one- to three-bedroom apartments priced below Rs 30 lakh, but this categorisation does not work uniformly across different cities and income groups. Moreover, post-recession, there has been a drop in risk appetite, says Kumar Gera, chairman of CREDAI, a real estate developers body. He says, "Today, buyers have become more price-sensitive; they look at sustainability, affordability, ability to service debt. Unlike before, the lower the price, the greater is the number of buyers."
|
Similarly, PropEquity's report till early November 2009 indicates that there has been better offtake in the sub-Rs 15 lakh category, particularly at locations closer to large cities. Overall, of the 90,000 units available in the 'affordable' category, only 40,000 had been bought. Describing 40 per cent absorption as not bad by industry standards, Jasuja adds that with market sentiments improving sales have since inched up.
Admitting to having ventured into the low-cost segment to tide over the slowdown, Rohtas Goel, CMD of Omaxe, avers, "As there is a lot of appetite for affordable houses, we find no problem in sales and plan to launch more projects." Omaxe is one of the developers that has held on to the price and sold 90 per cent of the 1,400 flats on offer in the Rs 15-25 lakh category in Indore, Faridabad and Bahadurgarh, on Delhi's border, in the last four months. The company also sold 1,500 one-bedroom units in Vrindavan for Rs 8 lakh each.
Developers point out that land cost is a big decider in the final price tag. That's why many projects are coming up further away from big cities. Where transportation and other facilities compensate, there is no lack of takers. Falcon Realty Services has got good response for its 2,500 units priced at Rs 5.9 lakh-Rs 28 lakh at Global Eco City, a 45-minute drive from Delhi international airport. Good facilities, including transportation, is proving the clincher.
As Anshuman Magazine, CMD of CB Richard Ellis, South Asia, states, "Consumers are now aware and demanding quality." This includes social infrastructure like schools and other such facilities along with physical infrastructure. "Consumers lower down the pyramid tend to work backward from the price point. Just because the price point is low, you can't expect people to compromise on quality, social and physical infrastructure and location, as the commute time means not just time but also money," says Jerry Rao, former CEO of MphasiS. Rao is building 2,000 flats of various sizes, priced under Rs 10 lakh, outside Bangalore, and plans more ventures in cities like Chennai and Mangalore.
With demand for big-ticket projects picking up, many fear that developers with lots of commitments may lose interest in the affordable segment. Many projects are already running behind schedule for various reasons, including city regulations, forcing people to move up the segment. As Rajiv Mehrotra of Noida-based Sunshine Enterprises puts it, "Demand is there, but there are hardly any houses below Rs 20 lakh available." Already staring at rising inflation, people's euphoria over affordable housing looks likely to fade—unless the government lends a helping hand.
Business News
Mukherjee discusses budget issues with MPs' panel
New Delhi, Jan 18 (IANS) Finance Minister Pranab Mukherjee Monday met members of the Parliamentary Consultative Committee attached to his ministry as part of the pre-budgetary exercise amid pressure to continue with the fiscal stimulus.
- Nath woos Japanese investors into highway projects PTI - 07:46 PM
- GLOBAL MARKETS - Firm metal, oil lift equities; sterling gains Reuters - 07:40 PM
- TCS shares touch year-high on strong Q3 earnings PTI - 07:37 PM
- Sugar price tumbles on selling pressure PTI - 07:32 PM
- ComMin says time not ripe for rate hike PTI - 07:21 PM
BUSINESS
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General
- Coconut oil prices - AlappuzhaPTI - 08:04 PM
Alappuzha, Jan 18 (PTI) Coconut Oil Rs.5,050.00 Copra Edible Rs.3,450.00 Copra Rassy Rs.3,400.00 Copra Odey Rs.3,350.00 Oil Cake Expeller Rs.1,000.00 PTI CORR BS TA KK
- Gold softens on reduced demand, silver firms upPTI - 06:49 PM
Mumbai, Jan 18 (PTI) Prices of pure gold eased by Rs 5 per ten grams to Rs 16,925 at the bullion market here today due to reduced demand from retailers and jewellers despite positive global cues.
- Somany Ceramics Q3 net profit jumps over two-foldPTI - 06:48 PM
New Delhi, Jan 18 (PTI) Tiles maker Somany Ceramics today reported an over two-fold jump in its next profit for the third quarter at Rs 5.01 crore.
- Gur prices fall in line with sugarPTI - 06:15 PM
New Delhi, Jan 18 (PTI) Gur prices declined by Rs 100 per quintal in the national capital today following increased arrivals amid reduced offtake.
- Franklin Templeton announces dividend in FIBFPTI - 05:59 PM
Mumbai, Jan 18 (PTI) Franklin Templeton Investments (India), today announced a tax-free dividend of Rs 3.50 per unit on face-value of Rs 10 in its open-end diversified equity fund--Franklin India Bluechip Fund.
India
- HT Media Oct-Dec net jumps; eyes Hindi biz for growthReuters - 07:15 PM
Newspaper publisher HT Media Ltd on Monday said Oct-Dec net surged on higher advertising revenues and circulation, adding that it will focus on regional language publications as rural economy drives growth.
- JSW Steel seen to swinging to profit in Oct-DecReuters - 07:06 PM
JSW Steel Ltd, India's No. 3 producer of the alloy, is seen posting solid third-quarter earnings as robust growth in the world's second-fastest growing major economy boosted demand, spurring production.
- GAIL Q3 net triples; eyes LNG spot importReuters - 07:03 PM
State-run GAIL (India) Ltd posted a more than three-fold jump in quarterly profit and the gas transporter aims to import at least one cargo of liquefied natural gas (LNG) every month from April.
- Now buy Himachal handicrafts through e-shoppingIANS - 06:57 PM
Shimla, Jan 18 (IANS) Now you can buy handicrafts of Himachal Pradesh simply sitting at home through e-shopping.
- Jharkhand to fill 78,000 vacant postsIANS - 06:41 PM
Ranchi, Jan 18 (IANS) Jharkhand Chief Minister Shibu Soren Monday said all the vacant posts of the state government would be filled soon.
International
- Airline premium ticket demand still sputtering - IATAReuters - 04:38 PM
Demand for first and business class tickets, accounting for nearly one-third of most airlines' revenues, remains weak and an improvement in November was a blip, the International Air Transport Association (IATA) said.
- Anand sharma and FICCI team to visit BeijingHT - 03:00 PM
A business delegation is travelling to Beijing with minister for commerce and Industry Anand Sharma to take up the need for a level-playing field with China in various sectorts, who will meet its Chinese counterparts on January 19, 2010.
- Citi hires former Morgan Stanley Asia CEOIE - 11:37 AM
Citigroup said on Monday it appointed Alasdair Morrison as an Asia senior adviser, a new role for the bank meant to support its expansion across the region.
- Google denies leaving ChinaIE - 11:37 AM
Google Inc enters a second week of high stakes brinkmanship with China's government, amid speculation the firm has decided to pull out of the world's biggest Internet market over cyber-spying concerns.
- Global recovery could surprise on upsideIE - 11:37 AM
The recovery in the global economy could be surprisingly strong in the coming quarters, helped by emerging markets, the deputy chairman of Government of Singapore Investment Corp said on Monday.
Personal-Finance
- 11 tax-savers to pick fromHT - 03:00 PM
Did you know that there are several other?non-insurance?products that can get the same tax benefit that an insurance policy does? Even within insurance, there are plans that get tax deduction and work better as a life cover. But these remain the financial world?s best kept secrets.
- Sensex stagnant, foreign investors pump in $ 981 mnIANS - Sat, Jan 16
Mumbai, Jan 16 (IANS) A benchmark index of Indian equities gained a meagre 14 points this week from its last weekly close even as broader indices managed to move up significantly and foreign investors bought into a wide range of scrips.
- Punjab collects Rs.8,000 crore in VATIANS - Fri, Jan 15
Chandigarh, Jan 15 (IANS) Punjab has collected Rs.8,000 crore in value added tax (VAT) during the current financial year, Deputy Chief Minister Sukhbir Singh Badal said Friday.
- TCS Q3 net up 34 percentIANS - Fri, Jan 15
Mumbai, Jan 15 (IANS) IT bellwether Tata Consultancy Services (TCS) Friday said it has posted a net profit of Rs.1,824 crore in the third quarter ended Dec 31, a year-on-year (YoY) increase of nearly 34 percent.
- Sensex ends 30 points down on lacklustre dayIANS - Fri, Jan 15
Mumbai, Jan 15 (IANS) A benchmark index of Indian equities ended 30 points lower Friday, bringing an end to a day that saw low-volume trading with heavyweight stock RIL adding to the drag.
Markets
- Jubilant FoodWorks IPO poorly subscribed on 1st dayReuters - 07:17 PM
Fast food chain Jubilant FoodWorks Ltd's initial public offering of shares was subscribed 0.14 times on the first day of its issue, data from the National Stock Exchange showed on Monday.
- Jaiprakash Q3 net falls but sees strong growthReuters - 06:40 PM
Diversified firm Jaiprakash Associates reported a 39 percent fall in quarterly profit on one-time employee cost, but sales more than doubled and it forecast strong growth for the full year.
- BSE Sensex up 0.5 pct; financials, TCS rallyReuters - 05:31 PM
The BSE Sensex rose 0.5 percent on Monday, led by gains in financials stocks such as HDFC Bank, as brokerages and investors gave a thumbs up to the December quarter earnings announced so far.
- INTERVIEW - Indian jewellers find good market in EuropeReuters - 04:56 PM
Indian exporters are finding a good market in Europe for mid-priced jewellery as European producers struggle with high costs, Shishir Nevatia of India's Gem and Jewellery Export Promotion Council said.
- OUTLOOK - India gold seen trading sideways to higherReuters - 04:46 PM
India gold futures may trade sideways to higher this week on expectations of further weakness in the dollar overseas, which enhances the yellow metal's appeal as an alternative investment, analysts said.
Chain reaction | ||||||||||||||
| Feast on everything from doughnuts to tacos and burritos at the new international chains that are coming to India, says Suktara Ghosh | ||||||||||||||
How would you like to bite into a Raspberry Ripple doughnut as you rush to office on an oh-I-woke-up-late-morning? Or how about giving a not-so-fluffy chapati a miss and gorging on burritos instead? Food on the go has never been more popular in India as it is today and the next few years promise to be boom time for food and dessert chains across the country. What's more, while foodies are still drooling over yummy pizzas and crunchy chicken (and of course, our very own egg chicken roll), they're scanning the horizon for world snacks right here in India — think doughnuts, fondues, tacos, gelatos or even shaved ice. International food chains like The Donut Baker, Mad over Donuts, Papa John's Pizza, Taco Bell, The Melting Pot, Texas Chicken (the international brand of Atlanta-based Church's Chicken), CKE Restaurants, Round Table Pizza, Tropical Sno and Häagen-Dazs have their eyes trained on the Indian market and are set to open stores across the country. And well-established chains like KFC, Pizza Hut, Dominos and McDonalds are out there in front on an expansion spree, and geared to make the best of the business. "The food service market is in a nascent stage in India and offers great opportunities for new brands to penetrate and flourish. With growing urbanisation, there exists a huge potential for various food service brands," says Joseph Cherian, CEO, GFA India and managing director, GFA Global Services, which owns brands like Pizza Corner, The Donut Baker, Coffee World and The Cream and Fudge Factory. Agrees Rakesh Gadoo, business head, restaurants, Papa John's Pizza: "India is the second largest growing economy in the world and shows an annual growth rate of 25 per cent in the pizza sector alone. There's a huge market out there," he says. So who's rocking the Indian food mart? Read right on to find out. IN THE WINGS The New Year is seeing a handful of international food chains lining up to woo India. While some have already made their debut, others like Carl's Jr. and The Melting Pot are set to survey the market before launching their products. "We're planning to come to India in February 2010 to do our homework and to seek partners," says William Gabbard, senior director, Edwards Global Services, Inc., representing the U.S. chain, Round Table Pizza. CKE Restaurants will survey the market before making an entry with Carl's Jr. in Delhi, Mumbai and Chennai in 2011. "Due to our primary position as a 'premium beef hamburger' restaurant, we feel the need to understand Indian consumption and dietary habits. This will include development of non-beef offerings along with an expanded vegetarian product line," says Michael Woida, vice president international, CKE Restaurants, Inc. The Melting Pot — the fondue people — is also looking around for business opportunities in India. What's more, Mexican delights like tacos and burritos are not a distant dream. Yum! Restaurants, the parent company of KFC and Pizza Hut, is all set to launch Taco Bell in India soon.
NEW PLAYERS Already in the game and fast becoming big is one of the world's largest pizza chains — Papa John's Pizza. The brand has opened 20 restaurants in Bangalore, Mumbai, Pune, Delhi NCR and Gujarat in the last couple of years, and plans are afoot to open 25 more by 2011. Calcutta too in on the list. Texas Chicken, which opened recently in Hyderabad, is reportedly planning to launch 29 new restaurants in Andhra Pradesh in the next five years. Then, there are doughnuts that are set to become the next big thing in India. "We have opened eight stores in Mumbai and Delhi NCR since we launched in India in 2008. We plan to open 50 stores by 2011 in seven metros," says Lokesh Bharwani, CEO, Mad Over Donuts. GFA Global Services too has its platter full with a target launch of 100 stores of its brands — Pizza Corner, The Donut Baker, Coffee World and The Cream and Fudge Factory — across India by mid-2010. So, why this sudden boom in the fast food sector? Well… oddly enough, the recession. You read that right — downturn blues have turned people away from expensive restaurants. Instead they are queuing up for delectable munchies at affordable prices. "Recession is definitely giving this industry a boost. If people indulged in fine dining four times a week earlier, they'll now do the same no more than twice a week and try quick (and cheaper) bites on the other two days," says Gadoo. Unnat Varma, director marketing, Yum! Restaurants - KFC India, feels that India's opening up to the global lifestyle, and that is an important factor behind the boom. "Indians are well-travelled and brand conscious and are readily adapting to a Westernised lifestyle, which reflects in their clothes and choice of eating out," he says. Agrees Cherian: "Indians are travelling all over and they like to eat food back home that they consume when they are globetrotting," he says.
MORE IS IN While the new cubs in the business strive to get a feel of the terrain, the older players are rearing for the kill. Food chains like KFC, Dominos, McDonalds and Pizza Hut are on expansion sprees and set to make good profits while consolidating their presence in the industry. "KFC opened 27 outlets in 2009. We're consolidating our position in the metros and plan later to open in smaller cities. We aim to open 500 outlets across India by 2015," says Varma. "Last year Pizza Hut introduced the 'enhanced dine-in' concept to keep up with consumer tastes and trends. We plan to add 20 restaurants to the existing 140 in the next 18 months," says Anup Jain, director-marketing, Yum! International – Pizza Hut, Indian subcontinent. Dominos has opened 60 new outlets in 2008-09 and 33 stores till August 2009. According to industry reports, McDonald's India is also riding high with 40 new outlets to be opened in fiscal 2010. They have plans to open 180-190 restaurants by 2015, with an estimated investment of up to Rs 570 crore. JUST DESSERTS What would you say to downing mouthfuls of non-fat frozen yoghurt with toppings of fresh raspberries or dragon fruit? Or would you rather swoon over offerings from the premium ice cream brand Häagen-Dazs? Or experiment with something entirely new like gelato or shaved ice! Welcome to the yummy world of dessert chains that are winning hearts across the country — just like the food chains. Take Cocoberry, India's first award-winning frozen yoghurt chain. Their frozen yoghurt with fresh fruit toppings is an out- and-out winner. They opened their first outlet in February 2009 in Delhi and have six outlets in Delhi, Gurgaon and Mumbai. "We'll have 30 outlets across the country by March, 2010," says Deepa Negi, manager, business development, Cocoberry.
Häagen-Dazs, on the other hand, just opened its first 1,800-sq ft flagship store in Delhi after retailing its products from gourmet stores in Mumbai. "We'll offer signature creations like Chocolate Journey, Passion Waffle Delight, Flower B lossom and of course Chocolate Fondue," says Arindam Haldar, director - Häagen-Dazs & Business Processes. Meanwhile, Natasha Agarwal Roy, CEO, Mama Mia, is going places with Calcutta's very own gelataria chain. Apart from opening two new outlets and a line of premium pâtisserie and bakery products in the city, she has launched the brand with five outlets in Bangalore in 2009. "We will consolidate the chain in Bangalore in 2010," says Roy. Also in the fray is Tropical Sno, a US brand specialising in shaved ice. Shaved ice is light fluffy snow shaved off from block s of ice. It's so fine that it melts into the mouth and comes in delicious flavours. The chain opened its first store in Chennai last year. Calcutta — as the rest of India — is waiting. FRESH DELIGHTS Constant innovation is the mantra for success for these chains. They rely on introducing signature international dishes as well as others adapted to Indian preferences to win over the hungry masses. Papa John's Pizza imports many ingredients for that authentic taste and reviews its menu every quarter, says Gadoo. Varma too stands by authenticity. "KFC stands for authentic fried chicken and has at least two ground-breaking launches every year. Recently, we introduced the Variety Bucket for large groups of people and delectables like Corn on the Cob," says Varma. Pizza Hut has introduced a variety of vegetarian offerings keeping Indian consumers in mind, along with fried and baked starters, drinks, sautéed Tuscan pastas and desserts. "The ratio of international flavours to Indian ones on the menu is about 70:30," says Jain. Dominos too has an extensive vegetarian menu and has introduced toppings like Peppy Paneer and Keema Do Pyaaza. Mad Over Donuts offers eggless varieties of international favourites with special flavours during Diwali and Holi.
Cocoberry has a new flavour out every month, while Mama Mia aims at one new flavour every weekend and even offers sugar-free delights for the diabetic. "We keep the gelato as authentic as possible. But during Durga Puja last year we introduced Calcutta to mihidana yoghurt and raj bhog flavours, and over Christmas we had offered Rum Plum Gelato. In Bangalore, we offer a banana or coconut base creation," says Roy. TRADE BUZZ And we are talking Big Moolah as the food chains strive to make a splash in India. While KFC invests between Rs 1.5 crore and Rs 2.5 crore per outlet, Papa John's Pizza is investing anywhere between Rs 85 lakh and Rs 1.2 crore per outlet depending on the size. GFA India invests about Rs 5 lakh for a Donut Baker kiosk and Rs 60 lakh to Rs 70 lakh for a Pizza Corner dine-in. Nor are the dessert chains far behind. "Cocoberry invests between Rs 10 lakh and Rs 50 lakh per outlet," says Negi. Mama Mia puts in about Rs 6 lakh for a kiosk to Rs 10 lakh for a full gelateria. Many of the brands are cleverly using social networking sites like Facebook to advertise their products, along with media and grassroots marketing. "Social networking sites boost brand awareness and gives Mad Over Donuts a chance to interact with customers," says Bharwani. Pizza Hut has an online game on Facebook to promote their Cheesy Bites pizza. "Cocoberry is using Facebook effectively as a marketing tool and we've acquired over 20,000 fans," says Negi. So what are you waiting for? Time to tuck in, folks! |
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