IIPM

Saturday, December 13, 2008

For world 'piece'!

Since the last week of August, Russia has been consistently visible across the news spectrum, especially amongst the western media, facing brickbats from various critics and analysts. Russia’s decision to recognise the independence of Abkhazia and South Ossetia has not only annoyed many developed countries but has also raised the

age old latent question: Is cold war over?/ Does this mark the revival of Russia?/ Is Russia indirectly challenging the super power(s)?

The in-depth analysis of the latest 'Russian Doctrine' makes it evident that she is preparing both mentally and militarily to face her obvious enemy. Russia knows very well that she needs to work on her core strengths (world’s leading oil and gas supplier) that shall not last till eternity and may exhaust very soon. The nation is also facing a problem due to a decrease in population, a majority of which are migrants and not Russians. Presently, only 70 per cent of Russians constitute the country's military. To make matters worse, it is estimated that this percentage will be reduced to 60 in the near future.

Recently, the US Secretary of State Condoleezza Rice warned Russia and said, "In contrast to Georgia's position, Russia's international standing is worse now than at any time since 1991… and the cost of this self-inflicted isolation has been steep." Moreover, Putin was also found stating that the scramble of USSR was the greatest disaster of the 20th century, but now Moscow is in a position to undo the damage.....Continue

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The Sunday Indian

Friday, December 05, 2008

Eloquent justice for the dumb

Adeaf and dumb rape victim from a remote village in Ferozepore district of Punjab could possibly

never had the chance to come out with her version of the ghastly incident, but for a landmark ruling by Justice Ranjit Singh of the Punjab & Haryana High Court, ordering the trial court to record evidence of Sundari (name changed) as victim, with the help of sign language experts. The rape led to pregnancy and she gave birth to a girl child. The HC recognised it as a confirmation of the sexual action of the accused.

The High Court had to step in after the prosecution closed its case before the trial court, expressing helplessness in examining the victim, arguing that she was unable to communicate being deaf and dumb. The case was put before the High Court by Sundari's father as the state government seeking revision of trial court order, declined to allow sign language experts to speak for the victim....continue

Monday, December 01, 2008

Independents seem to hold the key for next Assembly

IIPM Publication
Three of the four Assembly seats in Rajouri district have rebels contesting against their own party nominees. None of the rebels of major political parties -- National Conference, Congress, People's Democratic Party and BJP – stayed away from the elections for Darhal, Rajouri

and Kalakote Assembly seats of the bordering district.

So far as noise making goes, the PDP election manifesto – titled 'make Self–Rule happen' – echoes its role of filling the political space between separatist and mainstream parties with its soft separatism agenda. It emphasise bringing Jammu and Kashmir politically, economically and constitutionally closer, foreseeing a "shared sovereignty" of a united J&K between India and Pakistan.

NC president Omar Abdullah released his party's Vision Document for J&K "At the political level, the NC Government will try to convince those who have taken recourse to violence and intimidation as means to achieve their goals to come on the dialogue table," the Vision Document says. Meanwhile, the only party displaying lethargy is Congress despite having ruled the state for three years in coalition with the PDP. Though it is open to elections, the party is yet to release a poll manifesto. While former chief minister, Ghulam Nabi Azad, will spearhead the poll campaign, the party lacks a concrete programme to approach the elections held in an environment of strife.....Continue

Thursday, October 30, 2008

Stock of a nation

As a senior Indian official in France would put it that the perception about India in Western Europe can be distinctly

divided between the phase before 1998 and the one after that. Before 1998, for the first 50 years India was more of an economically poor but culturally rich nation of philosophers who distinctly had a paradigm impact on modern Europe. India in those days was synonymous with mysticism, being a country known more for black magic, snake charmers and tigers than for its soft power and software. Yet 1998 and the assertion India made with its testing of five thermonuclear devices changed it all. Here was a country which through those tests was asking for its legitimate rights and venting out its frustration against a world which never paid heed to its concerns of terrorism and threats from China. It wasn’t just the nuclear test but the economic embargo in its aftermath imposed by the Americans and its stooges that made all the difference and that exposed the fundamental strength of an otherwise shy and a reclusive India. One has to remember the sheer impact of economic sanctions when imposed by Uncle Sam, something that crippled Iraq for a decade due to the oil embargo. It caused the death of thousands of children owing to lack of basic medicines and Iraq was doomed for ever. Yet when those same sanctions were imposed on India, the loss to American companies in terms of cancellation of governmental contracts was more than what a resilient India suffered. By then, seven years of liberalised economy had already solved the problem of forex reserve and to mitigate any eventual problem of the future, the government of India issued Resurgent Indian Bonds to be subscribed by the Non-Resident Indians....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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