There is a certain level of expected snobbishness to the Supreme Court upholding the Right to Education Act for children between 6 and 14 years. The law requires both public and private schools to set aside a quarter of their seats for children from low-income families.
This step has obviously evoked mixed reactions from a cross section of people, with a level of predictability coming from the upper class/upper caste sections. But what stirred in me a concoction of fury and disillusion was a reaction from a few students of two of the most reputed schools in Chennai that pride itself in having the most number of NRI alumni after having helped them past the imposing gates of IITs and medical colleges. These students have said they would now be “forced” to study with “them”. To quote one: “Our school inculcates value systems in us. We follow rituals like doing sandhya vandanam and eating vegetarian food”.
Sandhya vandanam is a Brahminical ritual observed twice a day by boys and men post their thread ceremony. That this is part of their value system was more shocking than surprising. Added to this was the students’ concern about their vegetarian food atmosphere being “polluted”.
This brazen haughtiness is so typical of the crop, sown so deeply in the soil of such schools that simply aims at spreading its roots of denial to weaker sections of society. This “us” and “them” approach and the subsequent creation of a structured “elite” class is a dangerous proposition to a democratic society. What is worse is that these schools choose to boost their self-esteem by marketing themselves in their websites, saying a chunk of their alumni were settled in the US and Europe! Isn’t that what we call the brain drain?
So we have an India of private schools that produces “brilliant” students rubbing shoulders with like-minded peer group in a “superior value system”. This has skilfully taken forward a system of exclusion, creating a vertical “us” and “them” chasm.
Another thread of argument against the ruling is that the economic affluence of students from private schools may emanate an inferiority complex among their classmates from poor families. Isn’t that another smart exclusionary tactic?
There were reactions from the “them” sections as well in today’s newspapers, with many fruit vendors, flower sellers and domestic help expressing happiness over the chance to compete at the national level. They said this will now enable bright students from their families to shift from the pathetically-run government schools.
The court ruling is aimed at sensitising students of private schools and helping them liaise with their peers from less privileged background.
Education is the greatest leveller, and this will, let us hope, dilute elitism and casteism and also discourage our powers-that-be from using the much-abused the caste card. This could add maturity to our democratic set up. Shall we at least try and be more accommodative?
Saturday, April 14, 2012
Monday, March 12, 2012
Pune, I hate to say goodbye...
As the first sheet of the bubble paper is unwrapped from the roll by the packers tomorrow, the one bubble that had rested in my heart might burst, oozing out my emotions and angst at having to leave Pune.
Ever since the seeds of my relocation plan germinated, I have been trying to keep it away from sunlight, lest it sprouts faster, grows taller and blooms, all too soon. I had watered it all right, sunned it, too, occasionally, but also kept it under shade, carefully soaking it into my Pune stint. I did not want it to snatch from me what this city showered me with, apart from warmth and cheer. It gave me the most delightful gift that life can offer: it gave me friends.
The relocation spasms might not have been so alarming had I not met my friends here. Three years ago, when I had to relocate from Chennai, I was not so devastated as I knew a new life beckoned my family, away from the hustle of the big city life. Pune? How will the city be? But the city began drenching me in its character almost spontaneously. The city was nonchalant, but not cold; it was laid-back, but not indifferent, it was quiet, but not dreary. Pune had a heart of a small city with a soul of a large one; it opened its warm arms to me and my family.
Now the shift is happening again; this time the city is not alien. After all, Chennai had tolerated me for 10 years. The lanes will be familiar; and I hope to find the familiar faces of the milkman, the boy at the neighbouring grocery store, the vegetable seller. The city has been special to me in a number of ways. It helped me evolve from being a Calcuttan to a Chennaiite with much ado. It slipped its easy charm into my psyche and I took to the city like a fish to water.
Today, as I think about moving out of Pune, I am swarmed by a thousand emotions. I am not really apprehensive. But I can spot a few butterflies, flapping their colourful wings in my stomach, making me wriggle occasionally. I do hope to soak in the same camaraderie that Chennai as a city articulated when I arrived one November morning from Calcutta.
So as the final bubble paper is wrapped and the lorry loaded, I will have managed to snatch from Pune a rich treasure, a plunder, a cache……of friends. What better return gift can I ask for from any city?
Ever since the seeds of my relocation plan germinated, I have been trying to keep it away from sunlight, lest it sprouts faster, grows taller and blooms, all too soon. I had watered it all right, sunned it, too, occasionally, but also kept it under shade, carefully soaking it into my Pune stint. I did not want it to snatch from me what this city showered me with, apart from warmth and cheer. It gave me the most delightful gift that life can offer: it gave me friends.
The relocation spasms might not have been so alarming had I not met my friends here. Three years ago, when I had to relocate from Chennai, I was not so devastated as I knew a new life beckoned my family, away from the hustle of the big city life. Pune? How will the city be? But the city began drenching me in its character almost spontaneously. The city was nonchalant, but not cold; it was laid-back, but not indifferent, it was quiet, but not dreary. Pune had a heart of a small city with a soul of a large one; it opened its warm arms to me and my family.
Now the shift is happening again; this time the city is not alien. After all, Chennai had tolerated me for 10 years. The lanes will be familiar; and I hope to find the familiar faces of the milkman, the boy at the neighbouring grocery store, the vegetable seller. The city has been special to me in a number of ways. It helped me evolve from being a Calcuttan to a Chennaiite with much ado. It slipped its easy charm into my psyche and I took to the city like a fish to water.
Today, as I think about moving out of Pune, I am swarmed by a thousand emotions. I am not really apprehensive. But I can spot a few butterflies, flapping their colourful wings in my stomach, making me wriggle occasionally. I do hope to soak in the same camaraderie that Chennai as a city articulated when I arrived one November morning from Calcutta.
So as the final bubble paper is wrapped and the lorry loaded, I will have managed to snatch from Pune a rich treasure, a plunder, a cache……of friends. What better return gift can I ask for from any city?
Wednesday, March 7, 2012
The scorned scion
So Akhilesh Yadav’s red cap got the green signal from the Uttar Pradesh electorate, which has systematically ripped apart Rahul Gandhi’s white topi that lies tattered in the dusty terrain of the state.
The electorate spurned the advances of one scion, but warmly embraced the other. Wonder why the Congress failed to make any dent into its once-strong fort? Worse, Amethi and Rae Bareli, the Nehru-Gandhi family’s traditional boroughs have left the dynasty battered and bruised.
Mayawati’s Bahujan Samaj Party had to go anyway because of the elephantine levels of corruption her regime took the state into, making it even more “bimaru” than ever. The only imprint of her government had been her multi-crore giant statue projects that are left littered all over the state, specially the capital city of Lucknow. Maya’s phenomenal rise to power and her promises to uplift Dalits and raise their standard of life has remained empty, unlike her overflowing personal coffers.
Coming back to the Congress question: why couldn’t Rahul Gandhi manage to leave a mark despite his attempts at taking himself so seriously as the leader of the masses? Akhilesh Yadav scored all his goals with his “bicycle kicks”, leaving India’s post-colonial dynasty scurrying for cover.
The country has had enough of dynasties I think. The Congress and its sycophants have dented the democratic principles of the country enough. The electorate of the 1950s and 60s, fresh from a colonial hangover, rooted for this dynastic concept to fill up the leadership vacuum. They wanted monarch-style icons and the Congress was only too pleased to have its plate full with the Nehru-Gandhi lineage. What the party could not do was look ahead and groom a few leaders. They stuck to the idea of “ruling” the people rather than getting people to “represent” the electorate.
Today, people want someone from their own to don the leadership cap. Agreed, Akhilesh Yadav is also a scion, but has probably managed to connect better with the electorate with his rustic image, far removed from the sophisticated one of Rahul Gandhi.
But the Congress will never give up. In all probability, it will begin portraying Rahul’s sister, Priyanka, as another leader to reckon with. But the electorate is tired of the ultra-chic and stylish Gandhi family. The mandate’s message is clear: they want representatives, not rulers anymore.
Elections and the polity with its lack of convincing leaders are left with a hope: that Akhilesh Yadav, who might seem promising enough with an environmental engineering background, does not become another non-performing asset of a rich, influential family.
The electorate spurned the advances of one scion, but warmly embraced the other. Wonder why the Congress failed to make any dent into its once-strong fort? Worse, Amethi and Rae Bareli, the Nehru-Gandhi family’s traditional boroughs have left the dynasty battered and bruised.
Mayawati’s Bahujan Samaj Party had to go anyway because of the elephantine levels of corruption her regime took the state into, making it even more “bimaru” than ever. The only imprint of her government had been her multi-crore giant statue projects that are left littered all over the state, specially the capital city of Lucknow. Maya’s phenomenal rise to power and her promises to uplift Dalits and raise their standard of life has remained empty, unlike her overflowing personal coffers.
Coming back to the Congress question: why couldn’t Rahul Gandhi manage to leave a mark despite his attempts at taking himself so seriously as the leader of the masses? Akhilesh Yadav scored all his goals with his “bicycle kicks”, leaving India’s post-colonial dynasty scurrying for cover.
The country has had enough of dynasties I think. The Congress and its sycophants have dented the democratic principles of the country enough. The electorate of the 1950s and 60s, fresh from a colonial hangover, rooted for this dynastic concept to fill up the leadership vacuum. They wanted monarch-style icons and the Congress was only too pleased to have its plate full with the Nehru-Gandhi lineage. What the party could not do was look ahead and groom a few leaders. They stuck to the idea of “ruling” the people rather than getting people to “represent” the electorate.
Today, people want someone from their own to don the leadership cap. Agreed, Akhilesh Yadav is also a scion, but has probably managed to connect better with the electorate with his rustic image, far removed from the sophisticated one of Rahul Gandhi.
But the Congress will never give up. In all probability, it will begin portraying Rahul’s sister, Priyanka, as another leader to reckon with. But the electorate is tired of the ultra-chic and stylish Gandhi family. The mandate’s message is clear: they want representatives, not rulers anymore.
Elections and the polity with its lack of convincing leaders are left with a hope: that Akhilesh Yadav, who might seem promising enough with an environmental engineering background, does not become another non-performing asset of a rich, influential family.
Thursday, February 9, 2012
The dirtier picture!
Where is the colour of ethics in our country’s saffron citadel? The self-styled moral policemen, the guardians of our culture, the keeper of our women’s chastity and the Hindu religion have tainted their own starched saffron robes.
Three ministers of Karnataka’s ruling BJP have been caught watching pornography on a mobile phone device! Ironically, one of them, C.C. Patil, seen peeping into Minister for Cooperation, Laxman Savadi’s phone and gesturing mirthfully is the Women and Child Welfare Minister. The other partner-in-crime was Minister for Ecology, Environment and Ports, J. Krishna Palemar.
At one level, we have the saffron brigade baring its fangs at inappropriately dressed women, attacking women at bars, or vandalising gift shops to embitter the Valentine season. And, to think that all this have happened in a state where the BJP is in power, speak volumes of the Sangh Parivar’s double standards.
The Sri Ram Sene had brutally attacked women in Mangalore night clubs. The organisation had also announced an action plan to target people observing Valentine’s Day in Bangalore, saying its activists would go around with a priest, a turmeric stub and mangalsutra, and drag such couples to nearby temple and ritualise their marriage.
Interestingly, this minister for women and child welfare, C.C. Patil, had said recently that provocatively dressed women would inevitably invite sexual assaults. He had suggested that women must pay attention to wear “decent” clothes to “prevent” being sexually abused.
Sigh! Little did these ministers realise that their tiny mobile-screen pleasure while the House was in session is going to get ticklish. Mr Savadi then made a preposterous statement in a face-saving press conference that Mr Palemar was showing him a video wherein a woman was gang-raped in a western country. “It looked like a blue film, but that was not what it was,” he said.
So sorry, Mr Minister, this is not a blue film. This is voyeurism at its best. We have a women and child welfare minister getting ghoulish pleasure watching a woman’s body being exploited. And, an environment minister joining in this supremely revolting conduct even as his state’s environment is in abysmal health, raped as it is repeatedly by miners and land sharks.
By the way, the house was discussing drought conditions in the state when these ministers were caught on camera quenching their thirst!
The Chief Minister, Mr D.V. Sadanand Gowda, made an even more outrageous statement today: “I am happy with their conduct,” he has said. “They said they hadn't committed any big mistake. They have resigned on their own. This is honourable behaviour in democracy.''
This is indeed a matter of honour, Mr Chief Minister!
Now a six-member inquiry committee will probe the conduct of the three BJP MLAs. And, like any inquiry committee, we all know which way it will go. Into oblivion!
Will this hypocrisy ever end?
Three ministers of Karnataka’s ruling BJP have been caught watching pornography on a mobile phone device! Ironically, one of them, C.C. Patil, seen peeping into Minister for Cooperation, Laxman Savadi’s phone and gesturing mirthfully is the Women and Child Welfare Minister. The other partner-in-crime was Minister for Ecology, Environment and Ports, J. Krishna Palemar.
At one level, we have the saffron brigade baring its fangs at inappropriately dressed women, attacking women at bars, or vandalising gift shops to embitter the Valentine season. And, to think that all this have happened in a state where the BJP is in power, speak volumes of the Sangh Parivar’s double standards.
The Sri Ram Sene had brutally attacked women in Mangalore night clubs. The organisation had also announced an action plan to target people observing Valentine’s Day in Bangalore, saying its activists would go around with a priest, a turmeric stub and mangalsutra, and drag such couples to nearby temple and ritualise their marriage.
Interestingly, this minister for women and child welfare, C.C. Patil, had said recently that provocatively dressed women would inevitably invite sexual assaults. He had suggested that women must pay attention to wear “decent” clothes to “prevent” being sexually abused.
Sigh! Little did these ministers realise that their tiny mobile-screen pleasure while the House was in session is going to get ticklish. Mr Savadi then made a preposterous statement in a face-saving press conference that Mr Palemar was showing him a video wherein a woman was gang-raped in a western country. “It looked like a blue film, but that was not what it was,” he said.
So sorry, Mr Minister, this is not a blue film. This is voyeurism at its best. We have a women and child welfare minister getting ghoulish pleasure watching a woman’s body being exploited. And, an environment minister joining in this supremely revolting conduct even as his state’s environment is in abysmal health, raped as it is repeatedly by miners and land sharks.
By the way, the house was discussing drought conditions in the state when these ministers were caught on camera quenching their thirst!
The Chief Minister, Mr D.V. Sadanand Gowda, made an even more outrageous statement today: “I am happy with their conduct,” he has said. “They said they hadn't committed any big mistake. They have resigned on their own. This is honourable behaviour in democracy.''
This is indeed a matter of honour, Mr Chief Minister!
Now a six-member inquiry committee will probe the conduct of the three BJP MLAs. And, like any inquiry committee, we all know which way it will go. Into oblivion!
Will this hypocrisy ever end?
Thursday, December 15, 2011
The dirty picture
‘Balan is the new Bollywood Hero’, cried a flier on a news capsule featuring Vidya Balan, whose Dirty Picture has emerged a top grosser.
The anchor (a woman) was gushing all over Balan’s new star status after her dare-all, bare-all act in the film, apparently a biopic on Silk Smita, the southern actor who played havoc with male hormones with her itsies and bitsies.
Balan exuded this confident, glowing persona after being recognised by people, media and critics for her “scintillating” performance, which they said could fetch her coveted awards next year.
We were treated to the promotional (read provocative) snatches of all that was dirty in the picture. And, then the question time began, with the anchor asking her what she felt about being the new “hero” of Bollywood. Balan was a picture of anything but humility. She was over the top because she had arrived, and even suggested that the Khans could add Balan after their name because she had replaced the Khans as the new hot property of Box Office.
I did not know how to react to the Q&A session and to the anchor’s conclusion that the Bollywood heroine had indeed “arrived” and she raised a toast to the celebration of womanhood; and how the Kareenas and Priyankas must take a leaf out of Balan’s book (which incidentally also means boobs in Bengali). Pardon my Freudian slip.
Our new diva said she was thrilled that she could make the people come (no pun intended) to the theatres with her orgasmic presence. She said she had only played the character of Silk Smita, who used her sexuality to get even with the men who exploited her, and reached the heady top of her career.
As a woman, two questions came in my mind: why did the media call her the “hero” of Bollywood? Why couldn’t it refer to her as a successful heroine? By adding this sobriquet, aren’t we celebrating the male authority, yet again?
Second question: Did Balan fetch the returns, or did her Silk, and her chest-heaving gyrations. Back in the Eighties, men had undeniably flocked to the theatres to feel Silk’s raw sexuality. Balan said she put herself into the Silk’s sleazy costumes and character, and managed to pull off a compelling performance. So why wouldn’t people go in droves in 2011 (like in the Eighties) when Silk’s character is splashed all over the screen from when the curtains rise to its fall?
Then the anchor and Balan discussed on how other heroines were willing to shed their inhibitions and bare all on stage to become the new “heroes” of Bollywood. Post-Dirty Picture, the anchor said Kareena Kapoor had reportedly asked her producer-director to make her film, Heroine, bolder and brasher.
The whole sequence of events is so problematic. It is sad that celebration of womanhood is reduced to celebration of her curves, her body, her sexuality. So even today, a woman remains just a work of art to be admired, to be fantasised, to be possessed, and to be destroyed, all at the whim of the male owner.
Balan, would you like to try playing an Erin Bronkovich and check whether your magic still works?
The anchor (a woman) was gushing all over Balan’s new star status after her dare-all, bare-all act in the film, apparently a biopic on Silk Smita, the southern actor who played havoc with male hormones with her itsies and bitsies.
Balan exuded this confident, glowing persona after being recognised by people, media and critics for her “scintillating” performance, which they said could fetch her coveted awards next year.
We were treated to the promotional (read provocative) snatches of all that was dirty in the picture. And, then the question time began, with the anchor asking her what she felt about being the new “hero” of Bollywood. Balan was a picture of anything but humility. She was over the top because she had arrived, and even suggested that the Khans could add Balan after their name because she had replaced the Khans as the new hot property of Box Office.
I did not know how to react to the Q&A session and to the anchor’s conclusion that the Bollywood heroine had indeed “arrived” and she raised a toast to the celebration of womanhood; and how the Kareenas and Priyankas must take a leaf out of Balan’s book (which incidentally also means boobs in Bengali). Pardon my Freudian slip.
Our new diva said she was thrilled that she could make the people come (no pun intended) to the theatres with her orgasmic presence. She said she had only played the character of Silk Smita, who used her sexuality to get even with the men who exploited her, and reached the heady top of her career.
As a woman, two questions came in my mind: why did the media call her the “hero” of Bollywood? Why couldn’t it refer to her as a successful heroine? By adding this sobriquet, aren’t we celebrating the male authority, yet again?
Second question: Did Balan fetch the returns, or did her Silk, and her chest-heaving gyrations. Back in the Eighties, men had undeniably flocked to the theatres to feel Silk’s raw sexuality. Balan said she put herself into the Silk’s sleazy costumes and character, and managed to pull off a compelling performance. So why wouldn’t people go in droves in 2011 (like in the Eighties) when Silk’s character is splashed all over the screen from when the curtains rise to its fall?
Then the anchor and Balan discussed on how other heroines were willing to shed their inhibitions and bare all on stage to become the new “heroes” of Bollywood. Post-Dirty Picture, the anchor said Kareena Kapoor had reportedly asked her producer-director to make her film, Heroine, bolder and brasher.
The whole sequence of events is so problematic. It is sad that celebration of womanhood is reduced to celebration of her curves, her body, her sexuality. So even today, a woman remains just a work of art to be admired, to be fantasised, to be possessed, and to be destroyed, all at the whim of the male owner.
Balan, would you like to try playing an Erin Bronkovich and check whether your magic still works?
Thursday, November 24, 2011
Anna’s fortress
Anna Hazare has confessed how he flogged men who got drunk in his Taliban-like fortress, Ralegaon Sidhhi. It is frightening to know that the man behind the anti-corruption crusade that has caught the imagination of the Indian populace is running a village by his rules.
It reminded me of Sri Ram Sene’s goons going berserk in a Mangalore night club when they spotted women drinking their spiked colas.
There have been stray reports and noises from political groups about Hazare’s saffron links. But the aam janta and the media decided to overlook that in the face of the mass hysteria at Jantar Mantar. And, the media glare was such that anyone making uncomplimentary comments about Hazare and his team was branded corrupt or supporting corruption.
The overwhelming support created by Anna’s vrat and maun vrat seemed to have created a monstrous ego among his team; an ego that goes out to behead the democratic institutions each time they rear their head. The team runs parallel campaigns against political parties (read Congress). Their extensive anti-Congress campaign in Hissar by-election, declaring the election as a referendum to Anna Hazare’s campaign for the Jan Lok Pal Bill, is one such example. The team then touted the Congress’ defeat as its “victory”. And, Arvind Kejriwal, a key member of Team Anna, went to the extent of saying this anti-Congress campaign will stop only when the party passes the Bill. Pressure tactics? Or is that neat black-mailing?
Agreed, we needed an anti-corruption crusade in our country. There are probably more people’s representatives in Tihar than in Parliament. But this entire Anna Hazare’s package is problematic. His Taliban-style methodology in his village goes against the grain of democracy. And he has smartly photographed himself against the Gandhian halo; giant Gandhi black-and-white picture in the background and leaning against a white bolster….the works.
He has forced vegetarianism in his village. His argument: Non-vegetarian food increases the craving for alcohol. This extra-constitutional authority had even banned cable television in his village, a ban lifted only when he sat in Jantar Mantar for the nationally-televised fast.
Now what next, Mr Hazare? Hold women responsible for high incidences of rape for their provocative attire? Or, ask women to dress “appropriately” to avert the make gaze? Or worse, ask women to stay indoors and out of the bad world “infested” by salivating men?
This will make the Talibanisation complete.
It reminded me of Sri Ram Sene’s goons going berserk in a Mangalore night club when they spotted women drinking their spiked colas.
There have been stray reports and noises from political groups about Hazare’s saffron links. But the aam janta and the media decided to overlook that in the face of the mass hysteria at Jantar Mantar. And, the media glare was such that anyone making uncomplimentary comments about Hazare and his team was branded corrupt or supporting corruption.
The overwhelming support created by Anna’s vrat and maun vrat seemed to have created a monstrous ego among his team; an ego that goes out to behead the democratic institutions each time they rear their head. The team runs parallel campaigns against political parties (read Congress). Their extensive anti-Congress campaign in Hissar by-election, declaring the election as a referendum to Anna Hazare’s campaign for the Jan Lok Pal Bill, is one such example. The team then touted the Congress’ defeat as its “victory”. And, Arvind Kejriwal, a key member of Team Anna, went to the extent of saying this anti-Congress campaign will stop only when the party passes the Bill. Pressure tactics? Or is that neat black-mailing?
Agreed, we needed an anti-corruption crusade in our country. There are probably more people’s representatives in Tihar than in Parliament. But this entire Anna Hazare’s package is problematic. His Taliban-style methodology in his village goes against the grain of democracy. And he has smartly photographed himself against the Gandhian halo; giant Gandhi black-and-white picture in the background and leaning against a white bolster….the works.
He has forced vegetarianism in his village. His argument: Non-vegetarian food increases the craving for alcohol. This extra-constitutional authority had even banned cable television in his village, a ban lifted only when he sat in Jantar Mantar for the nationally-televised fast.
Now what next, Mr Hazare? Hold women responsible for high incidences of rape for their provocative attire? Or, ask women to dress “appropriately” to avert the make gaze? Or worse, ask women to stay indoors and out of the bad world “infested” by salivating men?
This will make the Talibanisation complete.
Monday, November 14, 2011
Corporate despotism?
Kingfisher’s high-flying chairman, Vijay Mallya, has been knocking the doors of the Manmohan Singh government and banks to help him wriggle out of the financial mess his airlines is into. The owner of the F1 team and the IPL team, however, made it a point to clarify that it was not bailout that he was seeking but a “working capital management assistance”. Nicely put, Mr Mallya.
However, our Prime Minister has made a statement that the government might consider “bailing out” the airlines.
What is the logic of bailing out a private sector unit? If Manmohanomics is the mantra post 1991, why are we chanting a different tune? We have been pushing for private participation; we have been preparing a suitable environment for attracting foreign investment; we are bending backwards to disinvest the public sector units.
Let us decide the economic system we want to find ourselves in. If it is capitalism, then let us play by the rules ruthlessly. Why are we trying to bring in our socialism sympathy here? Agreed, a number of jobs are at stake. But isn’t that the norm of free market economy: Cold-blooded competition which shows no mercy on those who have failed in the race.
Then why is Mr Singh considering a pit stop for this F1 team owner? Why does he want to refuel Mallya’s bottomless appetite for grandiose?
The civil aviation ministry has been pushing banks to offer support to the country’s second largest airline, while not having readily responded to Mallya’s pitch for investment by foreign airlines.
A consortium of 13 banks, led by the SBI that have lent money to Kingfisher Airlines, are planning to quiz Mallya before a debt restructuring plan for the private carrier.
As expected the India Inc is divided over this “bailout” scheme. Bajaj Group chairman, Rahul Bajaj, opposing the government intervention has said that those who die must die in a free market economy.
By the way, the same Bajaj was opposed to the idea of a cut in import tariffs in early 1990s when Singh, then finance minister, ushered in reforms.
Spice Jet chief Neil Mills has said the government should not use taxpayers’ money to revive a private sector unit.
These seem music to the socialist’s ears. But is there a rulebook for the games that corporate India and the government of India play? The finances, bailouts and concessions are all the jokers in the pack that help them substitute their aces and spades in this game of symbiotic relationship.
There is just one question: in free market economy everything is according to market prices. At least that is what the capitalism rulebook says. What about special economic zones or simply put: land given at dirt prices. Or what about land bought (read usurped) from farmers for a song and given to industrialists to set up their industrial plants?
Are we talking about capitalism? Oligarchy? Or worse, corporate despotism?
However, our Prime Minister has made a statement that the government might consider “bailing out” the airlines.
What is the logic of bailing out a private sector unit? If Manmohanomics is the mantra post 1991, why are we chanting a different tune? We have been pushing for private participation; we have been preparing a suitable environment for attracting foreign investment; we are bending backwards to disinvest the public sector units.
Let us decide the economic system we want to find ourselves in. If it is capitalism, then let us play by the rules ruthlessly. Why are we trying to bring in our socialism sympathy here? Agreed, a number of jobs are at stake. But isn’t that the norm of free market economy: Cold-blooded competition which shows no mercy on those who have failed in the race.
Then why is Mr Singh considering a pit stop for this F1 team owner? Why does he want to refuel Mallya’s bottomless appetite for grandiose?
The civil aviation ministry has been pushing banks to offer support to the country’s second largest airline, while not having readily responded to Mallya’s pitch for investment by foreign airlines.
A consortium of 13 banks, led by the SBI that have lent money to Kingfisher Airlines, are planning to quiz Mallya before a debt restructuring plan for the private carrier.
As expected the India Inc is divided over this “bailout” scheme. Bajaj Group chairman, Rahul Bajaj, opposing the government intervention has said that those who die must die in a free market economy.
By the way, the same Bajaj was opposed to the idea of a cut in import tariffs in early 1990s when Singh, then finance minister, ushered in reforms.
Spice Jet chief Neil Mills has said the government should not use taxpayers’ money to revive a private sector unit.
These seem music to the socialist’s ears. But is there a rulebook for the games that corporate India and the government of India play? The finances, bailouts and concessions are all the jokers in the pack that help them substitute their aces and spades in this game of symbiotic relationship.
There is just one question: in free market economy everything is according to market prices. At least that is what the capitalism rulebook says. What about special economic zones or simply put: land given at dirt prices. Or what about land bought (read usurped) from farmers for a song and given to industrialists to set up their industrial plants?
Are we talking about capitalism? Oligarchy? Or worse, corporate despotism?
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