Delhi’s best bet in Dhaka
by Ashok K Mehta
India should make every effort to improve relations with Bangladesh while the Sheikh Hasina sun shines. The time to act is now
We are a country because of you” was the sentiment expressed by several freedom fighters at Dhaka on the eve of their Victory Day celebrations to war veterans from India who joined them on Vijay Diwas last month. This was only the second time Indian war heroes, as the Bangladeshis call them, were jointly commemorating the 40th anniversary of Victory Day even as plans for constructing an Indian Martyrs Memorial in Dhaka are being finalised. God sent is this opportunity to redress the omissions of the past.
One theme that apparently reverberated across the country was the call for wartime trials and the appointment of an international tribunal. The Government has identified 30 prominent people who collaborated with the Pakistani Army in the genocide of 1971. Between two million and three million people were killed and nearly one lakh women raped as part of the Pakistani crackdown following the popular revolt of March 1971. Not surprisingly, many youth in Pakistan are oblivious to their Army’s brutality that led to the division of the country. And Pakistanis talk glibly of human rights violations in Jammu & Kashmir.
On December 15, 2010 the BNP’s Standing Committee member Saluddin Qadir Chowdhury, former Jamaat-e-Islami chief Gholam Azam and chairman of a faction of Islamic Oikya Jote, a partner of Begum Khaleda Zia’s BNP-led four-party alliance Mufti Izharul Islam were arrested to mark Sheikh Hasina’s Awami League Government’s determination to start the trials. It is not clear whether the masterminds of the genocide in Pakistan will be brought to book.
Amid the euphoria of Vijay Diwas, political divisions were palpable, accentuated after Begum Zia’s ouster from Army House after 30 years in Dhaka Cantonment. While she supports the freedom fighters, she is congenitally opposed to the India-leaning Prime Minister Sheikh Hasina. Her mentors are China, Pakistan and, some say, even the US, and certainly the Army which is more at ease with the BNP than the ruling Awami League. During BNP rule, no Victory Day parade was held or India remembered. Last month she boycotted not just the parade but also the President’s reception but she did lay a wreath at the Martyrs’ Memorial after the President and Prime Minister had left the site.
She is also opposed to war crime trials and her party has announced protest campaigns starting this month. She registered her disapproval of Victory Day celebrations by visiting China where she was accorded the honour of a state visit. Sheikh Hasina was quick to state that Khaleda Zia wants to protect war criminals.
Although Sheikh Hasina enjoys an overwhelming parliamentary majority and the Opposition BNP and JeI are electorally dwarfed, it is certainly not the beginning of their end. Sheikh Hasina, in two years of her rule, has made no spectacular gains, so the field is wide open and nobody can be written off.
The military which has ruled directly and indirectly for more than half the time after independence has played a crucial role in shaping the country’s destiny. Last year, Sheikh Hasina weathered a Bangladesh Rifles revolt which witnessed barbarism replicating the 1971 genocide. The BDR, with 7,000 to 8,000 of its personnel under trial, has undergone sweeping reform and has been re-designated Bangladesh Border Guards.
The Army-led Victory Day parade demonstrated the professional élan of the three services and auxiliary forces. They provide the glue in keeping the country united and combating internal insecurities. For the first time the three Service Chiefs are of the post-1971 era, devoid of any linkage with Pakistan.
The grand success of intelligence agencies and the 2004 raised Rapid Action Battalion in drying out terrorism is commendable. Bangladesh has not seen a terror attack since 2005 and terrorist groups like HuJI and JMB are leaderless and lying low. There were fears that the present Government might disband the RAB simply because it was raised during Begum Khaleda Zia’s time.
The Sheikh Hasina Government’s impressive cooperation with India in the security sector is the high note in India-Bangladesh relations. Today there is not a single Indian insurgent group leader enjoying sanctuary in Bangladesh and the Government’s determination in counter-terrorism cooperation is vital to India’s internal security.
Defence cooperation is negligible except for some training exchanges. The first ever joint exercise of commando platoons was done this year at Jorhat and another is planned next year at company level. The first Army to Army dialogue was held last year and another is underway this month. But it is at a low level.
The proposal for similar interactions for Navy and Air Force were rejected by the Ministry of Defence where a babu reportedly wrote on the file: “These exchanges have not taken place in the past so why now?” As for defence equipment, India is nowhere on the scene with China firmly established. Military diplomacy is handicapped due to a mismatch between the Ministry of External Affairs and the Ministry of Defence.
Suspicion abounds about the Bangladesh Army — India is quietly portrayed as the ‘Enemy’. The Directorate-General Forces Intelligence is known to have links with the ISI and Pakistan is tunneling its way back not without help from local sympathisers.
Bangladesh has no real enemy except within. That is why it can afford to contribute liberally — and it does provide the largest number of 10,000 troops — to UN peace keeping operations which makes the Army a prized profession. China maintains very strong linkages providing bulk of the hardware.
The time for creative diplomacy is now to make hay while the Hasina sun shines. The opportunity must not be lost with high level visits of the Prime Minister and the President. India’s economic success story should create opportunities for Bangladesh. But most of all, what is lacking is people-to-people contact which is virtually zero. But does India have a plan for infusing confidence through trade, investment and other initiatives?
The war veterans can merely rekindle the spirit of cooperation of the past. Unfortunately the hard-fought gains of the 1971 victory were wasted not just against Pakistan, but also for failing to evolve a strategic partnership with the new-born Bangladesh — a strategic asset that has turned-into a political and security liability. In 2004, the Minister for External Affairs admitted that of all its neighbours, including Pakistan, India’s relations with Bangladesh were the worst. The opportunity for a reset has arrived. But let New Delhi not get stuck in the horrendously slow and chaotic Dhaka traffic.
source;the pioneer
.... (This e newsletter since 2007 chiefly records events in Sikkim, Indo-China Relations,Situation in Tibet, Indo-Bangladesh Relations, Bhutan,Investment Issues and Chinmaya Mission & Spritual Notes-(Contents Not to be used for commercial purposes. Solely and fairly to be used for the educational purposes of research and discussions only).................................................................................................... Editor: S K Sarda
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Saturday, January 8, 2011
Dealing with ‘Grandpa Wen’
by G Parthasarathy
The Chinese Premier has a refreshingly open approach on contentious issues. But India must not be charmed into toeing a soft line on China
Prime Minister Wen Jiabao is one of the few Chinese leaders respected by his Indian interlocutors because of the refreshingly open approach that he adopts even on contentious issues like differences on the demarcation of border or on issues like climate change. It was during the visit of Mr Wen Jiabao to India in 2005 that the two countries agreed on the guiding principles which would underlie a settlement to the border issue which had led to a brief conflict in 1962 and remains a source of tension.
The most significant aspect of the 2005 understanding was that in determining a border settlement, the two countries would “safeguard the interests of settled populations in border areas”. For India, the agreement signalled the readiness of China to discard claims to populated areas in Arunachal Pradesh and recognise the Himalayan watershed along the McMahon Line as the international border.
Mr Wen Jiabao reached out to Indian corporate leaders, mediapersons and academics, apart from a get-together with Indian school children who were thrilled to meet Grandpa Wen. His meetings were laced with quips like “India and China are friends”, “cooperation and not competition” and “there is enough space in the world for the development of both countries”. Mercifully, there were no chants of “Bhai-Bhai”.
Mr Wen Jiabao is one of the smartest figures in the politics of the Middle Kingdom. He accompanied CPC chief Zhao Ziyang during the latters fateful trip to meet the protesters in Tianamen Square in 1989. While Mr Zhao Ziyang was purged and placed under detention for “grave insubordination”, Mr Wen Jiabao survived, adeptly using his charms to rise under party leaders ranging from Mr Zhao Ziyang to Mr Hu Yaobang and Mr Jiang Zemin.
Emerging as a protégé of former Prime Minister Zhu Rongji, Mr Wen Jiabao has played the role of Grandpa Wen with the people in China during floods and the SARS epidemic. He charmed Mr George Bush in 2003 into rebuking Taiwans President Chen-Shui-bian. Barely a few years later, he drew applause from his party colleagues by warning Mr Bush on Taiwan, averring, “We dont wish foreign intervention, but are not afraid of it.”
Within a year of the 2005 agreement, China started singing an entirely new tune, laying claim to entire Arunachal Pradesh, describing it, for the first time, as “Southern Tibet”. Moreover, this period saw increasing Chinese military intrusions across the Line of Actual Control though both countries had repeatedly pledged to “maintain peace and tranquillity” along the LAC. Responding to these developments, India decided to raise two new Army divisions for deployment in Arunachal Pradesh and deployed frontline SU-30 fighter squadrons along its eastern border.
While China had traditionally avoided taking sides on India-Pakistan differences on Jammu & Kashmir, new visa procedures it adopted in 2009 were designed to show that it did not recognise Indian sovereignty over the State. Military contacts, which were being developed between the two sides, came to a grinding halt when India’s Northern Army Commander, whose area of responsibility in Jammu & Kashmir includes command of troops on its western border with China, was denied a visa to undertake a scheduled visit to Beijing.
With the US and its European partners weakened by the economic downturn, India noticed growing Chinese assertiveness in enforcing its maritime boundary claims on its Asia-Pacific neighbours, ranging from Vietnam and the Philippines to Japan, South Korea and Taiwan. The visiting Commander of the American Pacific Fleet was even told that his country should recognise the western Pacific and the Indian Ocean as Chinas “sphere of influence”. The Chinese vehemently opposed joint US-South Korean military exercises in the Yellow Sea after North Korea provocatively torpedoed and sank a South Korean naval vessel.
In the wake of these developments, India’s Defence Minister AK Antony visited Vietnam to boost defence cooperation and Prime Minister Manmohan Singh visited Japan and South Korea to strengthen growing strategic ties. These visits signalled to China that India was prepared to proactively respond to its moves to strengthen Pakistan’s nuclear weapons and missile capabilities and to increase its presence in the Indian Ocean.
Sensing growing unease and faced with moves by its ASEAN neighbours to recast the Asian security architecture by invitations to the US and Russia to join the East Asian Summit, China evidently realised the need to cool frayed tempers across its western border with India. Mr Wen Jiabao’s offer to visit New Delhi was welcomed as India has no desire to see tensions with China escalate.
Mr Wen Jiabao’s discussions in New Delhi appear to have been unusually candid. India had given an indication that this would happen when it brushed aside Chinese demands that it should boycott the Nobel Peace Prize award ceremony honouring Chinese dissident Liu Xiaobo. New Delhi made its concerns clear to Mr Wen Jiabao on Chinese actions on visas for its nationals from Jammu & Kashmir, its continuing nuclear, missile and defence cooperation with Pakistan, and its growing trade surplus, which has been accentuated by denial of adequate market access to Indian corporations, in areas ranging from information technology to agro-products and pharmaceuticals.
It is also evident that suspended military-to-military ties will not be resumed till these concerns are addressed. The ritualistic reiteration of India’s One China mantra was avoided. With Chinas political leadership set to change in 2012, there are no illusions that differences on sensitive issues like the demarcation of land borders can be settled anytime soon. Nor are there expectations of any change in nuclear weapons and missile related cooperation between Beijing and Rawalpindi.
In 1991, Deng Xiaoping wisely advocated a strategy of “hide your strength, bide your time”. While Dengs advice was followed for over a decade, the People’s Liberation Army evidently concluded around 2006 that China was no longer a mere emerging power and that Dengs advice of “bide your time” was outdated. This has inevitably led to China’s neighbours getting together to respond to Chinese assertiveness.
It now appears that China’s rulers have realised the need to appear reasonable and non-aggressive. With China due for a leadership change next year, it remains to be seen if its political leadership is willing or able to rein in the hawks in the People’s Liberation Army. Moreover, can the new generation of Chinese leaders, including Vice President Xi Jinping, resist the temptation of becoming jingoistic to overcome internal contradictions? In these circumstances, there should be no slackening in steps to enhance our defence capabilities.
source; the pioneer
The Chinese Premier has a refreshingly open approach on contentious issues. But India must not be charmed into toeing a soft line on China
Prime Minister Wen Jiabao is one of the few Chinese leaders respected by his Indian interlocutors because of the refreshingly open approach that he adopts even on contentious issues like differences on the demarcation of border or on issues like climate change. It was during the visit of Mr Wen Jiabao to India in 2005 that the two countries agreed on the guiding principles which would underlie a settlement to the border issue which had led to a brief conflict in 1962 and remains a source of tension.
The most significant aspect of the 2005 understanding was that in determining a border settlement, the two countries would “safeguard the interests of settled populations in border areas”. For India, the agreement signalled the readiness of China to discard claims to populated areas in Arunachal Pradesh and recognise the Himalayan watershed along the McMahon Line as the international border.
Mr Wen Jiabao reached out to Indian corporate leaders, mediapersons and academics, apart from a get-together with Indian school children who were thrilled to meet Grandpa Wen. His meetings were laced with quips like “India and China are friends”, “cooperation and not competition” and “there is enough space in the world for the development of both countries”. Mercifully, there were no chants of “Bhai-Bhai”.
Mr Wen Jiabao is one of the smartest figures in the politics of the Middle Kingdom. He accompanied CPC chief Zhao Ziyang during the latters fateful trip to meet the protesters in Tianamen Square in 1989. While Mr Zhao Ziyang was purged and placed under detention for “grave insubordination”, Mr Wen Jiabao survived, adeptly using his charms to rise under party leaders ranging from Mr Zhao Ziyang to Mr Hu Yaobang and Mr Jiang Zemin.
Emerging as a protégé of former Prime Minister Zhu Rongji, Mr Wen Jiabao has played the role of Grandpa Wen with the people in China during floods and the SARS epidemic. He charmed Mr George Bush in 2003 into rebuking Taiwans President Chen-Shui-bian. Barely a few years later, he drew applause from his party colleagues by warning Mr Bush on Taiwan, averring, “We dont wish foreign intervention, but are not afraid of it.”
Within a year of the 2005 agreement, China started singing an entirely new tune, laying claim to entire Arunachal Pradesh, describing it, for the first time, as “Southern Tibet”. Moreover, this period saw increasing Chinese military intrusions across the Line of Actual Control though both countries had repeatedly pledged to “maintain peace and tranquillity” along the LAC. Responding to these developments, India decided to raise two new Army divisions for deployment in Arunachal Pradesh and deployed frontline SU-30 fighter squadrons along its eastern border.
While China had traditionally avoided taking sides on India-Pakistan differences on Jammu & Kashmir, new visa procedures it adopted in 2009 were designed to show that it did not recognise Indian sovereignty over the State. Military contacts, which were being developed between the two sides, came to a grinding halt when India’s Northern Army Commander, whose area of responsibility in Jammu & Kashmir includes command of troops on its western border with China, was denied a visa to undertake a scheduled visit to Beijing.
With the US and its European partners weakened by the economic downturn, India noticed growing Chinese assertiveness in enforcing its maritime boundary claims on its Asia-Pacific neighbours, ranging from Vietnam and the Philippines to Japan, South Korea and Taiwan. The visiting Commander of the American Pacific Fleet was even told that his country should recognise the western Pacific and the Indian Ocean as Chinas “sphere of influence”. The Chinese vehemently opposed joint US-South Korean military exercises in the Yellow Sea after North Korea provocatively torpedoed and sank a South Korean naval vessel.
In the wake of these developments, India’s Defence Minister AK Antony visited Vietnam to boost defence cooperation and Prime Minister Manmohan Singh visited Japan and South Korea to strengthen growing strategic ties. These visits signalled to China that India was prepared to proactively respond to its moves to strengthen Pakistan’s nuclear weapons and missile capabilities and to increase its presence in the Indian Ocean.
Sensing growing unease and faced with moves by its ASEAN neighbours to recast the Asian security architecture by invitations to the US and Russia to join the East Asian Summit, China evidently realised the need to cool frayed tempers across its western border with India. Mr Wen Jiabao’s offer to visit New Delhi was welcomed as India has no desire to see tensions with China escalate.
Mr Wen Jiabao’s discussions in New Delhi appear to have been unusually candid. India had given an indication that this would happen when it brushed aside Chinese demands that it should boycott the Nobel Peace Prize award ceremony honouring Chinese dissident Liu Xiaobo. New Delhi made its concerns clear to Mr Wen Jiabao on Chinese actions on visas for its nationals from Jammu & Kashmir, its continuing nuclear, missile and defence cooperation with Pakistan, and its growing trade surplus, which has been accentuated by denial of adequate market access to Indian corporations, in areas ranging from information technology to agro-products and pharmaceuticals.
It is also evident that suspended military-to-military ties will not be resumed till these concerns are addressed. The ritualistic reiteration of India’s One China mantra was avoided. With Chinas political leadership set to change in 2012, there are no illusions that differences on sensitive issues like the demarcation of land borders can be settled anytime soon. Nor are there expectations of any change in nuclear weapons and missile related cooperation between Beijing and Rawalpindi.
In 1991, Deng Xiaoping wisely advocated a strategy of “hide your strength, bide your time”. While Dengs advice was followed for over a decade, the People’s Liberation Army evidently concluded around 2006 that China was no longer a mere emerging power and that Dengs advice of “bide your time” was outdated. This has inevitably led to China’s neighbours getting together to respond to Chinese assertiveness.
It now appears that China’s rulers have realised the need to appear reasonable and non-aggressive. With China due for a leadership change next year, it remains to be seen if its political leadership is willing or able to rein in the hawks in the People’s Liberation Army. Moreover, can the new generation of Chinese leaders, including Vice President Xi Jinping, resist the temptation of becoming jingoistic to overcome internal contradictions? In these circumstances, there should be no slackening in steps to enhance our defence capabilities.
source; the pioneer
PM Inaugurates 9th Pravasi Bharatiya Diwas
The Prime Minister, Dr. Manmohan Singh has inaugurated 9th Pravasi Bharatiya Diwas in New Delhi today. Following is the text of the Prime Minister’s speech on the occasion:
“I am very happy to join you once again in this wonderful annual homecoming of Pravasi Bharatiyas. I extend a very warm welcome to each one of you.
I extend a very special welcome to His Excellency the Right Honourable Sir Anand Satyanand, the Governor General of New Zealand, who is our honoured Chief Guest this year. He has taken keen interest in revitalising relations between India and New Zealand and has been a source of great encouragement for the expansion of our bilateral relations in all fields. His achievements in the fields of law, jurisprudence, public service and international relations, and his deep knowledge of several languages are a matter of inspiration for the entire overseas Indian community.
I also take this opportunity to pay tribute to the memory of a very accomplished global Indian who is no longer with us – I am referring to Professor CK Prahalad, one of the foremost management gurus of our time. We will solely miss his vast knowledge and experience in the Prime Minister’s Global Advisory Council of Overseas Indians and other bodies where he made valuable contributions to the evolution of public policies particularly directed at raising the living standards for the poorest section of our community. We honour Professor CK Prahalad by dedicating the Pravasi Bharatiya Divas Oration to his memory this year.
The year gone by has been a busy year for Indian diplomacy. We had the honour of receiving leaders from all countries which are permanent members of the UN Security Council in India. The world expects India to play a more important role in the management of global polity and economy. India’s rise as an emerging nation is welcomed as a positive factor in international relations. Our contributions whether in the G 20 or in the Climate Change conference held recently in Cancun were noteworthy and derived from our unique experience of tackling the challenge of developmental challenges, our emphasis on values and our tradition of building consensus among different sections and interests.
We have this year become a member of the United Nations Security Council for a period of two years. We will play our due and commensurate role in international bodies and we will seek to promote what is good for India and good for the world at large.
Last year I had the opportunity of visiting many countries with large Indian communities, to renew our contacts and bonds of affections. I visited Saudi Arabia, Canada and Malaysia. In Malaysia I had the privilege of inaugurating the Little India district in Kuala Lumpur with Prime Minister Dr. Najib.
It was a very emotional experience for me. It was a symbolic acknowledgement of the contributions that have been made by many other ‘little Indias’ to local communities across the world. I felt very proud when leaders of these countries praised and appreciated the role of Indian communities in their nation building efforts and processes.
India’s soft power is an increasingly important element in our expanding global footprint. This is a matter which came up yesterday in Prime Minister’s Advisory Council and several distinguished members led emphasis on the more effective use of India’s soft power. The richness of India’s classical traditions and the colour and vibrancy of contemporary Indian culture are making waves around the world. The Government of India has decided to establish new Indian cultural centres in US, Canada, Saudi Arabia, France and Australia. I urge the Indian communities in these countries to support and patronise these centres so that they become effective instruments for projecting the diversity and splendour of composite Indian culture.
The welfare of the large number of workers that emigrate from India is a matter of special concern to us. To improve the conditions for migration overseas we have signed Social Security Agreements with twelve countries and finalised Labour Mobility Partnerships with two others. We are negotiating a generic arrangement with the European Union. As a further measure we have now extended the facility of the Indian Community Welfare Fund to all Indian Missions. I take this opportunity to commend the efforts of my colleague Mr. Vayalar Ravi in this matter.
Our Government had introduced the Overseas Citizen of India card and the People of Indian Origin card to facilitate visa-free travel to India as well as to provide the rights of residency and participation in business and educational activities in India. We have recently reviewed the functioning of these schemes, and have decided to merge the OCI and PIO cards into a single facility. We hope to iron out some of the problems that have arisen in the implementation of these schemes.
This year the North Eastern States of India are the partner States for the Pravasi Bharatiya Divas. I represent the beautiful state Assam in Parliament and I know what boundless potential the North Eastern region has to contribute to our nation building given the right opportunities. Providing gainful employment opportunities for the youth is a real challenge. I encourage the diaspora to join hands with local and national efforts to accelerate the pace of development of this region.
I am glad that the Ministry of Overseas Indian Affairs is planning to initiate a ‘skills initiative’ for overseas employment of people from the North Eastern region. Towards this end, we will identify an Institute of Excellence to promote technical skills in the region in the areas of hospitality and healthcare.
Since we met last year, we have enacted a law which has accorded Non-Resident citizens the right to register themselves in the electoral rolls of their constituencies. Our government is framing appropriate procedures to give effect to this new legal provision which will give NRIs their legitimate right to participate in the country’s electoral processes. I have no doubt that their participation will be welcomed by the constituencies in which you do participate. They will bring a breath of global fresh air to our politics, I sincerely hope.
Despite the uncertain global economic scenario, I am happy that our economic recovery is progressing very well. In the last two quarters, our growth rate of Indian economy has been 8.9% and we expect that for the entire year it will be around 8.5%. We expect that from the next year onwards we will be able to grow at a rate between 9 and 10%. This growth is vital to fund our ambitious social development programmes and create employment opportunities for our young population. I will also create new bonds of interactions and connectivity between India and the overseas Indian communities.
We are examining seriously how to make systemic changes that ensure more transparent procedures and safeguards in our governance processes. I believe our democracy is sturdy, vibrant and has its own inbuilt mechanisms for redressal and course correction. We need to build consensus on far-reaching changes that may be required in processes of governance and in our legal or electoral systems. We are determined to work sincerely towards this end.
I believe that the Pravasi Bharatiya Divas has become an important event in our calendars because in this era of globalisation and instant and constant connectivity a new bond has been established between India and her own children who live around the world. It is a new bond based on our pride in the achievements of people of Indian origin worldwide and their pride in India's re-emergence as a cradle of creativity adventure and enterprise.
These interactions have enabled you to discover a new India and feel enthused by our progress. When you see the knowledge explosion in Bangalore, the entrepreneurial vibrancy of Gujarat, the creativity of Tamil cinema, the awakening of a new India, you feel proud to say you are a person of Indian origin.
Similarly, there is today great appreciation in India of the impressive achievements of the people of Indian origin around the world. Your hard work, your creativity inspire us.
I do sincerely believe the coming of age of the Pravasi Bharatiya has enabled the international community to recognise that India and the people of Indian origin have a new message for the world at large.
India has a message for the world. It is the message of pluralism, of tolerance, of the balance between individual rights and collective responsibilities. It is this message that every daughter and son of this great Mother Land of ours symbolises. Each one of you – living in different countries, different faiths, different languages, different beliefs - are a symbol of that great idea of "unity in diversity" that India represents.
Yesterday, at the meeting of the Prime Minister's Global Advisory Council of Overseas Indians, I was struck by how many of the distinguished members spoke about education and health care and what more India should be doing to develop Indian brain power. I think it would not be an exaggeration to say that the sterling achievements of our diaspora represent a triumph of the value that Indian culture places on education. We hope to use the wisdom, experience and resources of the global Indian community to develop a world class education system, particularly in the field of higher education.
In conclusion, I wish to say that I am very happy to inaugurate today the Pravasi Bharatiya Kendra which we hope will become a focal point for interaction, for exchange, for facilitation and for advocacy for the NRI community.
With these words, I wish you success, prosperity and fulfillment in all your endeavours in the year ahead.”
***
Economy
Towards real inclusive growth
PERSPECTIVE
P. Seralathan
Many countries worldwide keep harping on the concept of inclusive growth and do not forget to include it in their major economic policy documents. In the People's Republic of China, for instance, the government has made the creation of a “harmonious society”, a concept very closely related to inclusive growth, as the top priority in its EleventhFive-Year Plan. In Thailand, growth with equity is one of the elements of its “Sufficiency Philosophy” which underpins the government's development efforts. It is no small matter that even the avowed votaries of free market economy, such as the IMF and the World Bank, advocate inclusive growth.
One-size-fits-all measures
This espousal is in many ways an attempt on the part of the global monetary agencies to atone for the mistakes committed in the past. Instead of evolving individual solutions for countries caught in economic crisis, these agencies in the 1980s and 1990s imposed one-size-fits-all stabilisation measures. In many countries, especially in Africa and Latin America, these measures led to a decline in public investment and increased the volatility of economic growth and employment.
As far as India is concerned, inclusive growth has been dominating the discourse on economic growth and development for quite some time now. This increased focus on inclusive development stems from the realisation that our stellar GDP growth rates have continuously masked rising inequalities.
Dr Manmohan Singh observes in his foreword to the Eleventh Plan document that the “rapid growth achieved in the past several years demonstrates that we have learnt how to bring about growth, but we have yet to achieve comparable success in inclusiveness. Poverty, whether we look at it narrowly in terms of the population below consumption based poverty line or more broadly in terms of population without access to essential services, is definitely declining but the pace of decline is slower than it should be.” Now an attempt is being made to bridge the gap between the two faces of India: A “shining India”, which is competing internationally and benefiting from the forces of globalisation; a “suffering India”, not as well publicised but even more important, has unacceptably wide swatches of its population who are indigent and vulnerable.
Attitudinal change needed
Merging these two faces — one a beacon of hope and other a symbol of despair — is a real challenge and this cannot be achieved only through policymaking. An attitudinal change is needed to bring about a real inclusive growth; India ranks 94th in the Global Hunger Index of 119 countries.
The World Food programme has estimated that 35 per cent of India's population are considered food-insecure, consuming less than 80 per cent of minimum energy requirements. The government should introspect to find out how it reacts to these issues and how it reacts when sometimes the stock markets plummet or the flow of FDI slackens. This introspection would be the first decisive step towards a real inclusive growth.
source;businessline
Towards real inclusive growth
PERSPECTIVE
P. Seralathan
Many countries worldwide keep harping on the concept of inclusive growth and do not forget to include it in their major economic policy documents. In the People's Republic of China, for instance, the government has made the creation of a “harmonious society”, a concept very closely related to inclusive growth, as the top priority in its EleventhFive-Year Plan. In Thailand, growth with equity is one of the elements of its “Sufficiency Philosophy” which underpins the government's development efforts. It is no small matter that even the avowed votaries of free market economy, such as the IMF and the World Bank, advocate inclusive growth.
One-size-fits-all measures
This espousal is in many ways an attempt on the part of the global monetary agencies to atone for the mistakes committed in the past. Instead of evolving individual solutions for countries caught in economic crisis, these agencies in the 1980s and 1990s imposed one-size-fits-all stabilisation measures. In many countries, especially in Africa and Latin America, these measures led to a decline in public investment and increased the volatility of economic growth and employment.
As far as India is concerned, inclusive growth has been dominating the discourse on economic growth and development for quite some time now. This increased focus on inclusive development stems from the realisation that our stellar GDP growth rates have continuously masked rising inequalities.
Dr Manmohan Singh observes in his foreword to the Eleventh Plan document that the “rapid growth achieved in the past several years demonstrates that we have learnt how to bring about growth, but we have yet to achieve comparable success in inclusiveness. Poverty, whether we look at it narrowly in terms of the population below consumption based poverty line or more broadly in terms of population without access to essential services, is definitely declining but the pace of decline is slower than it should be.” Now an attempt is being made to bridge the gap between the two faces of India: A “shining India”, which is competing internationally and benefiting from the forces of globalisation; a “suffering India”, not as well publicised but even more important, has unacceptably wide swatches of its population who are indigent and vulnerable.
Attitudinal change needed
Merging these two faces — one a beacon of hope and other a symbol of despair — is a real challenge and this cannot be achieved only through policymaking. An attitudinal change is needed to bring about a real inclusive growth; India ranks 94th in the Global Hunger Index of 119 countries.
The World Food programme has estimated that 35 per cent of India's population are considered food-insecure, consuming less than 80 per cent of minimum energy requirements. The government should introspect to find out how it reacts to these issues and how it reacts when sometimes the stock markets plummet or the flow of FDI slackens. This introspection would be the first decisive step towards a real inclusive growth.
source;businessline
China shows signs of recognizing its limits
By FRANK CHING
HONG KONG — After behaving in an assertive, sometimes arrogant, fashion through most of 2010, when it at various times took on the United States, Europe and Japan, both Beijing and the people of China appear to recognize the need for greater caution and restraint in the coming year. For one thing, President Hu Jintao is scheduled to visit the U.S. in a few weeks, so China will not want to pick a fight with Washington.
China genuinely realizes that despite its rapid growth in the last three decades, it is still far weaker than the U.S., economically as well as militarily.
A Chinese official, Le Yucheng, director general of the Policy Planning Department of the Foreign Ministry, acknowledged that "China is far behind many developed countries, let alone the United States."
"China might rank second by GDP, but it still ranks behind 100th place in terms of per capita GDP, and there is a population of 150 million living in poverty based on U.N. standards," he was quoted as saying in an interview. "In addition, China does not have aircraft carriers. So we must have a clear understanding of our position."
While China is developing fast, Le said, growth is unbalanced. Moreover, China must "coordinate its domestic and international situations" as well as "handle the relationships between safeguarding rights and keeping stability."
A more restrained attitude on the part of the general populace was also reflected in a yearend survey conducted by the Global Poll Center, run by the Global Times newspaper. According to the survey results, released Dec. 31, fewer Chinese now characterize their country as a superpower, compared with the previous four annual polls.
Of 1,488 individuals who responded to random telephone interviews in Beijing, Shanghai, Guangzhou, Wuhan and Chongqing, 12.4 percent rated China as a superpower, the lowest figure since 2006.
China's determination to become a world power is clear. While Le warned that the country has no aircraft carriers, Beijing has already announced its intention to rectify this shortcoming. And China has had success developing an anti-ship missile, which has been dubbed the "aircraft carrier killer," aimed at redressing the imbalance. The country's growing international role is reflected in the annual addresses delivered by President Hu at the end of each year.
Unlike the U.S. president, whose State of the Union address is directed at Americans only, the Chinese leader has from the beginning included non-Chinese in his annual addresses. In his first speech in 2003, he addressed "Chinese people of all ethnic groups, including those in Hong Kong, Macao and Taiwan and overseas Chinese" as well as "friends from all other countries."
In 2005, his message was directed not just at China's friends overseas but at "people all over the world."
By 2009, President Hu had widened the scope of his address by calling upon other countries and peoples to join China in creating "a beautiful future of world peace and development." "China," he said, "would work with people of all countries to jointly promote the construction of a harmonious world of lasting peace and common prosperity."
Last week, in delivering the 2010 address, Hu promised to help to improve the welfare of people of all countries. "I believe, as long as the people from all countries make efforts hand in hand, the world will have a better future and the welfare of the people from all countries will be improved," he said.
Over the past eight years, President Hu has gradually shifted from speaking only as the leader of his country to speaking as a world leader calling on other countries and peoples to respond to China's entreaties to build a harmonious world of peace and prosperity. The year 2010 was especially marked by China's challenge of the Nobel Committee's decision to award the Peace Prize to imprisoned dissident Liu Xiaobo, who had called for democracy and human rights in China.
The imprisonment of Liu was part of China's policy of putting political stability ahead of everything else, including the basic rights of its citizens, which are ostensibly guaranteed by the constitution. The eyes of the world will be on China in 2011 to see whether it will continue its hardline policies both toward the outside world and toward its own people.
Frank Ching is a Hong Kong-based journalist and commentator
source; Japan Times online
By FRANK CHING
HONG KONG — After behaving in an assertive, sometimes arrogant, fashion through most of 2010, when it at various times took on the United States, Europe and Japan, both Beijing and the people of China appear to recognize the need for greater caution and restraint in the coming year. For one thing, President Hu Jintao is scheduled to visit the U.S. in a few weeks, so China will not want to pick a fight with Washington.
China genuinely realizes that despite its rapid growth in the last three decades, it is still far weaker than the U.S., economically as well as militarily.
A Chinese official, Le Yucheng, director general of the Policy Planning Department of the Foreign Ministry, acknowledged that "China is far behind many developed countries, let alone the United States."
"China might rank second by GDP, but it still ranks behind 100th place in terms of per capita GDP, and there is a population of 150 million living in poverty based on U.N. standards," he was quoted as saying in an interview. "In addition, China does not have aircraft carriers. So we must have a clear understanding of our position."
While China is developing fast, Le said, growth is unbalanced. Moreover, China must "coordinate its domestic and international situations" as well as "handle the relationships between safeguarding rights and keeping stability."
A more restrained attitude on the part of the general populace was also reflected in a yearend survey conducted by the Global Poll Center, run by the Global Times newspaper. According to the survey results, released Dec. 31, fewer Chinese now characterize their country as a superpower, compared with the previous four annual polls.
Of 1,488 individuals who responded to random telephone interviews in Beijing, Shanghai, Guangzhou, Wuhan and Chongqing, 12.4 percent rated China as a superpower, the lowest figure since 2006.
China's determination to become a world power is clear. While Le warned that the country has no aircraft carriers, Beijing has already announced its intention to rectify this shortcoming. And China has had success developing an anti-ship missile, which has been dubbed the "aircraft carrier killer," aimed at redressing the imbalance. The country's growing international role is reflected in the annual addresses delivered by President Hu at the end of each year.
Unlike the U.S. president, whose State of the Union address is directed at Americans only, the Chinese leader has from the beginning included non-Chinese in his annual addresses. In his first speech in 2003, he addressed "Chinese people of all ethnic groups, including those in Hong Kong, Macao and Taiwan and overseas Chinese" as well as "friends from all other countries."
In 2005, his message was directed not just at China's friends overseas but at "people all over the world."
By 2009, President Hu had widened the scope of his address by calling upon other countries and peoples to join China in creating "a beautiful future of world peace and development." "China," he said, "would work with people of all countries to jointly promote the construction of a harmonious world of lasting peace and common prosperity."
Last week, in delivering the 2010 address, Hu promised to help to improve the welfare of people of all countries. "I believe, as long as the people from all countries make efforts hand in hand, the world will have a better future and the welfare of the people from all countries will be improved," he said.
Over the past eight years, President Hu has gradually shifted from speaking only as the leader of his country to speaking as a world leader calling on other countries and peoples to respond to China's entreaties to build a harmonious world of peace and prosperity. The year 2010 was especially marked by China's challenge of the Nobel Committee's decision to award the Peace Prize to imprisoned dissident Liu Xiaobo, who had called for democracy and human rights in China.
The imprisonment of Liu was part of China's policy of putting political stability ahead of everything else, including the basic rights of its citizens, which are ostensibly guaranteed by the constitution. The eyes of the world will be on China in 2011 to see whether it will continue its hardline policies both toward the outside world and toward its own people.
Frank Ching is a Hong Kong-based journalist and commentator
source; Japan Times online
WHY BE A VEGAN?
Vegan diet means absolutely no animal products—no meat, poultry, fish and eggs nor milk and dairy products. Vegan diet consists of only foods that grow on plants and tress. The main reason for becoming vegan is self-preservation. The consumption of animal products causes the pH of the body to become acidic, leading to cellular degeneration and the onslaught of disease. This has been confirmed in hundreds of scientific studies all over the world. An acidic pH in the body is the primary precurser to all disease. When we choose a vegan lifestyle, we not only help ourselves, but we help the planet as well.
On a vegan diet, one is far less likely to get a bacterial infection such as E coli, camphylobacter and salmonella. Vegetarians get fewer of stomach, bladder, non-Hodgkin’s lymphoma and multiple myeloma cancers.
The lowest levels of clot-promoting fibrinogen are found in vegans who eat no animal products at all, not even eggs and milk. This is due to the fact that compounds in fruits and vegetables lower fibrinogen, while animal fat and cholesterol increase it. According to latest research a gluten-free vegan diet full of nuts, sunflower seeds, fruits and vegetables offer protection against strokes for people with rheumatoid arthritis.
A 24-year-long American study has offered the strongest evidence yet to show that a diet rich in vegetables, low on animal protein and moderate intake of low-fat dairy products cuts chances of heart attack in middle-aged women by nearly a quarter.
The study, which followed over 88,000 otherwise-healthy nurses, found that those who followed the Dietary Approaches to Stop Hypertension (DASH) diet—fruits, vegetables, whole grains, low-fat milk and plant-based protein—over meat had 24% less chances of suffering a heart attack and 18% less likely to have a stroke than women who consume more meat.
Women in the study were in their mid-30s to late 50s when the research began in 1980.
Reporting this finding in the latest edition of the journal “Archives of Internal Medicine”, scientists from Simmons College, Boston, said that even though the study only followed women, men too would benefit equally by following a similar dietary regime.
Reporting this finding in the latest edition of the journal “Archives of Internal Medicine”, scientists from Simmons College, Boston, said that even though the study only followed women, men too would benefit equally by following a similar dietary regime.
BENEFITS OF VEGAN DIET
Detoxifies: A veggie diet is more rich in dietary fibre (bottle gourd, pumpkins, spinach, cabbages, citrus fruits, fruits with seeds, legumes, cereals and grains), which flushes toxins out of the body. Those who have a diet rich in dietary fibre have reduced risk of diseases like coronary heart diseases, cancer of intestinal tract (colon and rectum), piles, obesity, diabetes, constipation, hiatus hernia, diverticulitis, irritable bowel syndrome, dental caries and gallstones. A diet containing only eggs, fish and mutton is a poor source of fibre. Vegetarian diet is more rich in vitamins, minerals and anti-oxidants, which help to cleanse the body’s system.
Stronger bones: Gorging on meat can lead to protein overload. This can tax our kidneys, cause uric acid (gout) problem, interfere with the absorption of calcium and prompt the body to extract existing calcium from the bones. Such calcium excretion is rare amongst vegans.
Strengthens Immunity: Vegetarians have more powerful immune defences. A study at the German Cancer Research Center in Heidelberg compared the blood of male vegetarians and meat eaters. They found that ehite cells of vegetarians were twice as deadly against tumour cells as those of meat eaters. This means vegetarians needed only half as many white cells to do the same job as meat eaters did. Researchers thought that vegetarian’s white cells were more deadly, presumably due to their yielding greater armies of natural killer cells or more ferocious natural killer cellls. Vegetarians also have higher levels of carotene in their blood, which greatly helps strengthen immune system.
Easy digestion: Digestion begins with the saliva, which can only digest complex carbohydrates present in plant foods. Complex carbohydrates in vegetarian foods are digested gradually providing a steady source of glucose. Conversely, meats rich in fat and proteins are difficult to digest. Digestion of vegetarian food is easier for our bodies.
Boosts cardiovascular health: According to Dr. Rahul Gupta, interventional cardiologist, consumption of a vegetarian diet consisting of whole grains, legumes, vegetables, nuts and fruits and abstaining from meat and high fat animal products, along with regular exercise, is consistently associated with lower (LDL) cholesterol, lower blood pressure, less obesity, lower risk of diabetes and consequently less heart disease.
Fruits, green leafy vegetables and some legumes, are abundant in folic acid, which help lower homocysteine levels (associated with heart disease). Many whole and unrefined plant foods are also important sources of minerals such as copper and magnesium, both of which protects against cardiovascular disease. Many phytochemicals / flavonoid in fruits, vegetables, nuts and whole grains have properties that reduce the risk of heart disease. Various nuts are the source of heart healthy fatty acids (Omega-3, MUFA, PUFA). On the other hand, non-vegetarian diet is associated with an adverse impact on cholesterol levels and increases the incidence of heart disease.
Eases menopause: Diet and mood swings have a direct connection. So while certain foods like melons and peaches can take the edge off hot flashes, chicken cooked with a lot of masaalaa-s adds to the irritation.
Healthy skin: Eating beetroot, tomato, pumpkin and bitter gourd can clear off blemishes. Guava, apples, pears and peaches, eaten along with their peel, promise a glowing complexion.
Weight management: Avoiding meat is the simplest way to reduce fat intake. Instead, eating whole grains, legumes, vegetables, nuts, and fruits, lowers cholesterol levels, blood pressure, and obesity.
Easy on the teeth: Our molars are more suitable for grinding grains and vegetables than tearing flesh.
Phyto-nutrients: Diabetes, cancer, kidney disease, stroke and bone loss are partially preventable with a good intake of phytonurtients. As these are present only in vegetarian diet, the non-vegetarians are at a loss. A vegetarian diet helps prevent diabetes, often relieves the symptoms, and can even eliminate the need for insulin treatments. It is often a quick cure for ulcerative colitis.
Iron and vitamin C: Spinach has 14 times the iron content of sirloin steak. Animal products are deficient in vitamin C, which is needed for iron absorption.
Virility: Real men eat meat, right? Wrong. Far from macho, meat makes one less of a man. Here's medical evidence that vegans make better lovers. All bodily organs depend on blood supply. When arteries to the heart get jammed, the ticker stops. Similarly it’s with the male genital organ; when its arteries start to clog, one experiences erectile dysfunction. Once the obstruction worsens it leads to impotence. In America, where they live on steak and hamburger, one in four over 60-year-old men have at least one major arterial blockage. Turning from red to white meat won't help either, both chicken and fish have plenty of cholesterol and fat. Turning veggie on the other hand, can reverse arterial blockage, restoring one’s libido, plus providing looks to match since the average man who turns veggie becomes 10% leaner.
Not only are plant foods themselves low in calories, but their natural starches stimulate two natural hormones in our body which accelerate our calorie-burning metabolism. Going veggie means one gets to keep one’s hair longer. In Japan as the diet has become westernized, i.e. more meat and fat, baldness is more common, especially in younger men. Meat hastens hair loss because testosterone enters and kills hair follicles. Excess testosterone produced by a meat-based diet also causes overproduction of cells in the prostate gland. An overgrown prostate can pinch off urinary flow needing frequent trips to the toilet. Going veggie also brings a man closer to the new-age male ideal as research has shown that the more fibre in a man's diet, the less likely is he to be aggressive and domineering. Animal foods don't contain any fibre at all. So, the more one fills up on them, the less fibre in one's digestive tract, which results in constipation and a host of other diseases. So, there it is, the most effective sexual aid is not a little blue pill but those greens on the grocery shelf. To clinch the argument, pigeons live on grains—they mate several times a day, 365 days a year without break!!!
Economics: Vegan food is far cheaper to produce and therefore cheaper to buy. Many vegetarian produce can be stored, at least for a few days, without the need for refrigeration, thereby reducing the cost of preservation. Many fruits are plucked raw and then stored for several days for ripening without getting spoilt. The same cannot be said about the non-vegetarian food. The moment an animal is slaughtered it starts decaying.
Colourfully appetising: Good food is not restricted to taste, its visual appeal is equally important. Vegetables come in an array of colours, which makes them more appetising and appealing to our eyes. If the food is visual treat one is bound to eat and enjoy it even more. Using many coloured food items in cooking is a great way to eat natural foods that boost our health.
Longevity: Vegetarians live on average about six to ten years longer and are healthier than meat eaters. Studies show that vegetarian kids grow taller and have higher IQ compared to non-vegetarian kids.
The Allied naval blockade during World War I forced Denmark dramatically into nationwide vegetarianism. The death rate, from diseases, during the period dropped by 34%.
Doctors learn to treat diseases with drugs and surgery. Today’s physician has virtually no education on nutrition.
The gross aspect of food we consume goes in the formation of the physical body and the subtle aspect of food goes in the formation of the mind and the intellect. The type and quality of food we consume determines our physical health, the quality and texture of our mind and the intellect and the thought and actions that spring forth. If we put garbage within our system, in the long run the texture of our thoughts and actions have a tendency to become more unreconciling, extremely selfish, less concerned for others, lusty and therefore dangerous to social order. Toxins in the system bring about a lot of mental disturbances. Those who take non-vegetarian food, because of the toxins, are very uncontrolled. Watch a carniverous and a herbiverous animal.
It is evident that the mind becomes soft and receptive and available for training only when it is mellow and it had been found that vegetarian food makes the mind more mellow, more plastic and the personality is gentle rather than vicious. Some of the Greek philosophers, like Archimedes urged people to become vegetarian. They said this knowing that there is a definite relationship between what we eat and our state of mind. For example, alcohol has a rapid and direct influence on human behaviour both emotionally and mentally; the same too with various drugs. Therefore the food we eat also has profound repercussions on our emotional and mental attitudes. Even Lord Jesus took only bread and water while in the desert. Similarly sages and saints in India took vegetarian food for tapas or austerities and meditation. Throughout the ages, it has been said that meat eating is conducive to internal tension and disharmony, whereas vegetarian food tends to promote inner calmness. Vegetarian food by itself cannot make a person noble. There are other factors which also have influence on a person’s behaviour.
By Swami Avdhutananda, Ex Acahrya,Chinmaya Mission-Sikkim
The indispensable incarnation
Talk of the Dalai Lama’s “retirement” shows how much Tibet still needs him. Yet so does China
.ENTHRONED in a maroon and saffron pavilion, the 14th Dalai Lama chuckled often as he preached to the football stadium, though his text was not taken from the jolly slogan behind him: “Play soccer for world peace”. Ringed by snowcapped Himalayan peaks in Gangtok, capital of the Indian state of Sikkim, which borders Tibet, tens of thousands basked in midwinter sunshine—local Sikkimese of Nepali and ethnic-Tibetan descent, visitors and, of course, Tibetan exiles. The Dalai Lama may exaggerate a bit when he says that 99% of Tibetans trust him. But not by much. So his recent talk of “retirement” has unnerved many.
In November he said he was seriously thinking of retiring. An election in 2001 for his government-in-exile had already ended the 400-year tradition of Dalai Lamas as both spiritual and political leaders. After an election in March this year, he would discuss with the new parliament when to give up his remaining “temporal” role. He expected to retire in the “next few months”.
The Dalai Lama has long stressed his work not as a political leader but as a scholar and guardian of the Buddhist tradition he embodies. In Gangtok he attended a seminar on spirituality and science. His lecture on the soccer pitch was on a rather abstruse commentary by a second- or third-century Indian philosopher, Nagarjuna (“The form particle does not produce sense-consciousness because it transcends the senses.”). The Dalai Lama turned it into an accessible sermon on how to live your life.
Politics, however, will not let Tibet’s spiritual leader go. His presence in Sikkim was in itself a measured gesture of Indian defiance towards China. India annexed the former kingdom in 1975. China long refused to recognise Sikkim’s incorporation into India, though since 2004 Chinese maps have shown it as an Indian state, and in 2006 a modest border trade began. The Dalai Lama’s eight-day tour of Sikkim was pointedly timed to come just after Wen Jiabao, China’s prime minister, had been in Delhi, discussing how to improve ties. Tibet remains one of the strains. The Dalai Lama, with some 100,000 followers, has made his home in India since fleeing Lhasa, Tibet’s capital, in 1959.
Those exiles, and another 6m Tibetans under Chinese rule, make it impossible for the Dalai Lama to quit politics altogether. He remains the only Tibetan they can trust to marshal the international sympathy that keeps their cause alive. Yet China’s refusal to talk seriously to his representatives about the future of Tibet seems perverse. For over 20 years he has demanded not the independence many Tibetans crave, but greater autonomy. Probably he alone could make many Tibetans accept this. Moreover, he is a pacifist. China wrongly blamed him for the ferocious ethnic attacks on Han Chinese in riots in Lhasa, in 2008. Without his restraining influence, violence would have been far more frequent.
For China, however, the solution to its Tibetan problem is the end of the 14th Dalai Lama. It may be right that when he retires or dies—and though in rude health, he will turn 76 this year—the Tibetan cause will suffer a terminal blow. The Dalai Lama’s reincarnation (if any, for the 14th says this is an open question) may well be contested, like that of another senior lama, the Panchen. The tenth Panchen died in 1989. Two children were identified as the 11th, one recognised by the Dalai Lama and most Tibetans, the other by China. The “Tibetan” Panchen vanished from view.
Even an undisputed Dalai Lama would for decades be too young for a political role. In the interim, many Tibetans expect much of another incarnate Buddha, the Karmapa Lama. In this case there is a 17th incarnation, Ogyen Trinley Dorje, who is recognised by both the Dalai Lama and the Chinese government. The school of Tibetan Buddhism he heads has just been celebrating its 900th anniversary in India at Bodh Gaya, site of the bodhi tree under which the Buddha attained enlightenment. So the Karmapas’ lineage is even longer than the Dalai Lamas’. Ogyen Trinley, just 25, is an impressive and engaging figure, who has inherited a big foreign following.
He has two problems, however. Yet again, the incarnation is contested, with a rival candidate, also in India, and some fishiness about the identification of the infant Ogyen Trinley. Second, India is suspicious of him. Born in Tibet itself and feted in his youth by the Chinese authorities, he made a dramatic flight to India 11 years ago. Some fear China connived in his escape, hoping to sow discord among exiled Tibetans. That has been the effect, if not the intention. The Karmapas’ seat-in-exile, at Rumtek near Gangtok, has seen fisticuffs between supporters of the rival claimants. And the Indian government’s refusal to allow Ogyen Trinley to enter Sikkim has become a political issue: the state is littered with posters demanding he be allowed in.
In a ceremony for the winter solstice at the mountaintop monastery of Rumtek itself, drums throb, horns and conches low mournfully, and monks led by a cleric in elaborate robes and a huge black hat consign an offering to the bonfire. But they are not many, and on hand to watch are only a few tourists and the armed Indian soldiers who patrol the place. The Karmapas’ home in exile is in a depression.
A job for life
China may calculate that, after the Dalai Lama, the Tibetan exile movement will lose itself in infighting. But that is all the more reason to deal with him. China’s control of Tibet is not in doubt. What it lacks is the acquiescence of Tibetans. The Dalai Lama offers the best chance of reconciliation. Three weeks after his “retirement” remarks, the simple monk clarified his position. He had only, he said, been referring to some ceremonial functions—signing documents and so on. Like every Tibetan, he has a responsibility he may not shirk. Talk of his standing down, he said, had caused “anxiety” and “confusion”, including inside Tibet.
source:The Economist
Talk of the Dalai Lama’s “retirement” shows how much Tibet still needs him. Yet so does China
.ENTHRONED in a maroon and saffron pavilion, the 14th Dalai Lama chuckled often as he preached to the football stadium, though his text was not taken from the jolly slogan behind him: “Play soccer for world peace”. Ringed by snowcapped Himalayan peaks in Gangtok, capital of the Indian state of Sikkim, which borders Tibet, tens of thousands basked in midwinter sunshine—local Sikkimese of Nepali and ethnic-Tibetan descent, visitors and, of course, Tibetan exiles. The Dalai Lama may exaggerate a bit when he says that 99% of Tibetans trust him. But not by much. So his recent talk of “retirement” has unnerved many.
In November he said he was seriously thinking of retiring. An election in 2001 for his government-in-exile had already ended the 400-year tradition of Dalai Lamas as both spiritual and political leaders. After an election in March this year, he would discuss with the new parliament when to give up his remaining “temporal” role. He expected to retire in the “next few months”.
The Dalai Lama has long stressed his work not as a political leader but as a scholar and guardian of the Buddhist tradition he embodies. In Gangtok he attended a seminar on spirituality and science. His lecture on the soccer pitch was on a rather abstruse commentary by a second- or third-century Indian philosopher, Nagarjuna (“The form particle does not produce sense-consciousness because it transcends the senses.”). The Dalai Lama turned it into an accessible sermon on how to live your life.
Politics, however, will not let Tibet’s spiritual leader go. His presence in Sikkim was in itself a measured gesture of Indian defiance towards China. India annexed the former kingdom in 1975. China long refused to recognise Sikkim’s incorporation into India, though since 2004 Chinese maps have shown it as an Indian state, and in 2006 a modest border trade began. The Dalai Lama’s eight-day tour of Sikkim was pointedly timed to come just after Wen Jiabao, China’s prime minister, had been in Delhi, discussing how to improve ties. Tibet remains one of the strains. The Dalai Lama, with some 100,000 followers, has made his home in India since fleeing Lhasa, Tibet’s capital, in 1959.
Those exiles, and another 6m Tibetans under Chinese rule, make it impossible for the Dalai Lama to quit politics altogether. He remains the only Tibetan they can trust to marshal the international sympathy that keeps their cause alive. Yet China’s refusal to talk seriously to his representatives about the future of Tibet seems perverse. For over 20 years he has demanded not the independence many Tibetans crave, but greater autonomy. Probably he alone could make many Tibetans accept this. Moreover, he is a pacifist. China wrongly blamed him for the ferocious ethnic attacks on Han Chinese in riots in Lhasa, in 2008. Without his restraining influence, violence would have been far more frequent.
For China, however, the solution to its Tibetan problem is the end of the 14th Dalai Lama. It may be right that when he retires or dies—and though in rude health, he will turn 76 this year—the Tibetan cause will suffer a terminal blow. The Dalai Lama’s reincarnation (if any, for the 14th says this is an open question) may well be contested, like that of another senior lama, the Panchen. The tenth Panchen died in 1989. Two children were identified as the 11th, one recognised by the Dalai Lama and most Tibetans, the other by China. The “Tibetan” Panchen vanished from view.
Even an undisputed Dalai Lama would for decades be too young for a political role. In the interim, many Tibetans expect much of another incarnate Buddha, the Karmapa Lama. In this case there is a 17th incarnation, Ogyen Trinley Dorje, who is recognised by both the Dalai Lama and the Chinese government. The school of Tibetan Buddhism he heads has just been celebrating its 900th anniversary in India at Bodh Gaya, site of the bodhi tree under which the Buddha attained enlightenment. So the Karmapas’ lineage is even longer than the Dalai Lamas’. Ogyen Trinley, just 25, is an impressive and engaging figure, who has inherited a big foreign following.
He has two problems, however. Yet again, the incarnation is contested, with a rival candidate, also in India, and some fishiness about the identification of the infant Ogyen Trinley. Second, India is suspicious of him. Born in Tibet itself and feted in his youth by the Chinese authorities, he made a dramatic flight to India 11 years ago. Some fear China connived in his escape, hoping to sow discord among exiled Tibetans. That has been the effect, if not the intention. The Karmapas’ seat-in-exile, at Rumtek near Gangtok, has seen fisticuffs between supporters of the rival claimants. And the Indian government’s refusal to allow Ogyen Trinley to enter Sikkim has become a political issue: the state is littered with posters demanding he be allowed in.
In a ceremony for the winter solstice at the mountaintop monastery of Rumtek itself, drums throb, horns and conches low mournfully, and monks led by a cleric in elaborate robes and a huge black hat consign an offering to the bonfire. But they are not many, and on hand to watch are only a few tourists and the armed Indian soldiers who patrol the place. The Karmapas’ home in exile is in a depression.
A job for life
China may calculate that, after the Dalai Lama, the Tibetan exile movement will lose itself in infighting. But that is all the more reason to deal with him. China’s control of Tibet is not in doubt. What it lacks is the acquiescence of Tibetans. The Dalai Lama offers the best chance of reconciliation. Three weeks after his “retirement” remarks, the simple monk clarified his position. He had only, he said, been referring to some ceremonial functions—signing documents and so on. Like every Tibetan, he has a responsibility he may not shirk. Talk of his standing down, he said, had caused “anxiety” and “confusion”, including inside Tibet.
source:The Economist
India & China: Taking divergent paths
India & China: Taking divergent paths
By Prasenjit Chowdhury
Deng Xiaoping acknowledged China's 'mistakes' early and changed the course dramatically.
Addressing the CEOs in 2005, prime minister Manmohan Singh had exhorted that India should try to emulate a country like China if it aimed at a greater share of the world trade. That year also happened to be first time Chinese premier Wen Jiabao visited India.
In 2010, the Chinese premier told a meeting of business leaders during his recent visit: “China and India are partners for cooperation, not rivals in competition.”
What was Manmohan Singh hinting at by saying “a country like China”? Loath to hyphenation with Pakistan, we seem to be smug about the fact that now we are being compared to China. Impressive results count in the long run so there is little point in carping about the many pitfalls of China, the foremost of which is its lack of democracy.
In China, a general liberalisation in the 1980s, of its economic policies allowed private businesses to flourish as credits flowed to peasant start-ups and rural poverty fell dramatically. It was soon to be followed by the massacre of the Tiananmen Square in 1989.
Urban-centric
Afterwards the state changed tack by chocking off credit to rural entrepreneurs, switching loan capital instead into large, rebuilt state-owned enterprises and urban infrastructures, and — not least — granting massive advantages to foreign capital drawn to big cities during which time inequality — not only between village and city-dwellers, but within the urban divide itself, was at its zenith.
As a fallout, labour’s share of the GDP fell, peasants lost land, rural health care and schooling were dismantled. Amid a ‘forest of grand theft’, officials, developers and foreign executives prospered while families struggled to get by in the “world’s most successful Potemkin metropolis”.
China practices a variety of capitalism that has been deformed by a corrupt and self-aggrandising state which denies its people liberty to manage their own economic affairs. A new working class of migrant workers from the countryside are lowly waged, toil up to 70 to 80 hours a week, without any security in atrocious working conditions.
China is now one of the most unequal and labour-repressive societies in the world. Is autocracy good? At least so it seems in case of China. The size of Chinese economy is way too larger than that of India.
Labour-intensive manufacture exports contribute almost 40 per cent to the Chinese GDP compared to only 16 per cent in India. China’s per capita GDP growth has averaged 8 per cent since 1980, which is double that of India’s per capita GDP growth rate. By 2004, India received $5.3 billion in FDI, which was less than 10 per cent of the $60.6 billion that flowed into China. According to a prediction by Goldman Sachs, India’s GDP will exceed that of Germany in 2025 and Japan in 2035, the USA in 2050, China in 2082.
Overall, when it comes to some welfare indicators, such as living standards, poverty alleviation, female literacy and life expectancy, China has raced past India by a wide margin. Since 1990, China has tripled per capita income and has eased 300 million out of poverty. China, with lesser cultivable land, produces double the foodgrains. The quantum of China’s foreign trade is huge compared to India. It has been the second largest buyer of US treasury bonds after Japan, helping to finance the huge US deficits. It is also one of the top importers of oil and raw materials.
China has a huge reservoir of domestic saving — about 40 per cent of GDP — to plough into its mammoth infrastructure. It attracts massive inflows of foreign direct investment as the means to acquire technology, managerial expertise, and factories. With close to a 24 per cent of national saving rate, only a little more than half that of China, India has far less in the way of internally-generated funds to invest into infrastructure.
A look into the trajectory of the two countries lends one to understand that at independence in 1947, two years before the Chinese Communist Party liberated China, India was ahead in many sectors. While both lost steam by adopting the planned economy, Deng Xiaoping was able to acknowledge China’s ‘mistakes’ and China’s course dramatically changed when he returned to power in 1978. India could not kickstart its engine of economy before 1991.
Long back, Professor Jagdish Bhagwati prognosticated that India may face a cruel choice between rapid expansion and democratic processes. But could we really blame our democracy for not being able to match Chinese growth? In China, capitalism has been grafted on to a state that is fascist in character.
The accumulation dynamics underlying China’s growth are already generating serious national and international imbalances. The social cost for working people in China and the rest of the world to mend them is immense. Should China ever relapse into democracy, India would get a real rival.
source;The Deccan herald
By Prasenjit Chowdhury
Deng Xiaoping acknowledged China's 'mistakes' early and changed the course dramatically.
Addressing the CEOs in 2005, prime minister Manmohan Singh had exhorted that India should try to emulate a country like China if it aimed at a greater share of the world trade. That year also happened to be first time Chinese premier Wen Jiabao visited India.
In 2010, the Chinese premier told a meeting of business leaders during his recent visit: “China and India are partners for cooperation, not rivals in competition.”
What was Manmohan Singh hinting at by saying “a country like China”? Loath to hyphenation with Pakistan, we seem to be smug about the fact that now we are being compared to China. Impressive results count in the long run so there is little point in carping about the many pitfalls of China, the foremost of which is its lack of democracy.
In China, a general liberalisation in the 1980s, of its economic policies allowed private businesses to flourish as credits flowed to peasant start-ups and rural poverty fell dramatically. It was soon to be followed by the massacre of the Tiananmen Square in 1989.
Urban-centric
Afterwards the state changed tack by chocking off credit to rural entrepreneurs, switching loan capital instead into large, rebuilt state-owned enterprises and urban infrastructures, and — not least — granting massive advantages to foreign capital drawn to big cities during which time inequality — not only between village and city-dwellers, but within the urban divide itself, was at its zenith.
As a fallout, labour’s share of the GDP fell, peasants lost land, rural health care and schooling were dismantled. Amid a ‘forest of grand theft’, officials, developers and foreign executives prospered while families struggled to get by in the “world’s most successful Potemkin metropolis”.
China practices a variety of capitalism that has been deformed by a corrupt and self-aggrandising state which denies its people liberty to manage their own economic affairs. A new working class of migrant workers from the countryside are lowly waged, toil up to 70 to 80 hours a week, without any security in atrocious working conditions.
China is now one of the most unequal and labour-repressive societies in the world. Is autocracy good? At least so it seems in case of China. The size of Chinese economy is way too larger than that of India.
Labour-intensive manufacture exports contribute almost 40 per cent to the Chinese GDP compared to only 16 per cent in India. China’s per capita GDP growth has averaged 8 per cent since 1980, which is double that of India’s per capita GDP growth rate. By 2004, India received $5.3 billion in FDI, which was less than 10 per cent of the $60.6 billion that flowed into China. According to a prediction by Goldman Sachs, India’s GDP will exceed that of Germany in 2025 and Japan in 2035, the USA in 2050, China in 2082.
Overall, when it comes to some welfare indicators, such as living standards, poverty alleviation, female literacy and life expectancy, China has raced past India by a wide margin. Since 1990, China has tripled per capita income and has eased 300 million out of poverty. China, with lesser cultivable land, produces double the foodgrains. The quantum of China’s foreign trade is huge compared to India. It has been the second largest buyer of US treasury bonds after Japan, helping to finance the huge US deficits. It is also one of the top importers of oil and raw materials.
China has a huge reservoir of domestic saving — about 40 per cent of GDP — to plough into its mammoth infrastructure. It attracts massive inflows of foreign direct investment as the means to acquire technology, managerial expertise, and factories. With close to a 24 per cent of national saving rate, only a little more than half that of China, India has far less in the way of internally-generated funds to invest into infrastructure.
A look into the trajectory of the two countries lends one to understand that at independence in 1947, two years before the Chinese Communist Party liberated China, India was ahead in many sectors. While both lost steam by adopting the planned economy, Deng Xiaoping was able to acknowledge China’s ‘mistakes’ and China’s course dramatically changed when he returned to power in 1978. India could not kickstart its engine of economy before 1991.
Long back, Professor Jagdish Bhagwati prognosticated that India may face a cruel choice between rapid expansion and democratic processes. But could we really blame our democracy for not being able to match Chinese growth? In China, capitalism has been grafted on to a state that is fascist in character.
The accumulation dynamics underlying China’s growth are already generating serious national and international imbalances. The social cost for working people in China and the rest of the world to mend them is immense. Should China ever relapse into democracy, India would get a real rival.
source;The Deccan herald
Nalanda and the pursuit of science
by Amartya Sen‘Nalanda stood for the passion of propagating knowledge, understanding.' Amartya Sen's keynote address at the 98th Indian Science Congress in Chennai on January 4.
The subject of this talk is Nalanda and the pursuit of science, but before I go into that rather complex issue, I must say something about Nalanda itself, since it is still an obscure entity for most people in the world. Since the university is being, right now, re-established under a joint Asian initiative, the fact that Nalanda was a very ancient university is becoming better known. But how does it compare with other old universities in the world?
Well, what is the oldest university in the world? In answering this question, one's mind turns to Bologna, initiated in 1088, to Paris in 1091, and to other old citadels of learning, including of course Oxford University which was established in 1167, and Cambridge in 1209. Where does Nalanda fit into this picture? “Nowhere” is the short answer if we are looking for a university in continuous existence.
Nalanda was violently destroyed in an Afghan attack, led by the ruthless conqueror, Bakhtiyar Khilji, in 1193, shortly after the beginning of Oxford University and shortly before the initiation of Cambridge. Nalanda university, an internationally renowned centre of higher education in India, which was established in the early fifth century, was ending its continuous existence of more than seven hundred years as Oxford and Cambridge were being founded, and even compared with the oldest European university, Bologna, Nalanda was more than six hundred years old, when Bologna was born. Had it not been destroyed and had it managed to survive to our time, Nalanda would be, by a long margin, the oldest university in the world. Another distinguished university, which did not stay in existence continuously either, viz. Al-Azhar University in Cairo, with which Nalanda is often compared, was established at a time, 970 AD, when Nalanda was already more than five hundred years old.
That is enough vaunting of age (as you know, in India we take age quite seriously), and I hope you have got the point: we are talking about the oldest university in the world by a long margin, that is, if we do not insist on continuous existence. The university is being re-started right now, and since I happen to have the difficult task of chairing its interim governing body, I am finding out how hard it is to re-establish a university after an 800 year hiatus. But we are getting there. This meeting here gives me an opportunity to recollect the pursuit of science in old Nalanda which will inspire and guide our long-run efforts in new Nalanda. I say long run, because mainly for cost reasons — indeed entirely for cost reasons — we cannot start the science faculties immediately (physical and biological sciences cost much more money than the humanities and the social sciences do). The recollection — and more challengingly, assessment — of the scientific tradition in old Nalanda are important right now, partly because we have to start thinking about the long run (even as we try to raise money for initiation and expansion), but also because a scientific attitude and disciplined thought are important for the entire conception of new Nalanda, including the teaching of — and research in — humanities (such as history, languages and linguistics, and comparative religion), as well as the social sciences and the world of practice (such as international relations, management and development, and information technology).
Let me identify a few questions about the pursuit of science in Nalanda. First, was the old Nalanda sufficiently large to be a factor in whatever pursuit it might have been championing? Was it not merely a drop in an ocean of superstition and ignorance that some people see as the characteristic feature of the Indian old world: you only have to read James Mill's “History of India,” which was obligatory reading for all British civil servants sent off to run the Raj, to see how firm and politically important this conception of the past was in keeping modern India in check.
Well, Nalanda was an old centre of learning that attracted students from many countries in the world, particularly China and Tibet, Korea and Japan, and the rest of Asia, but a few also from as far in the west as Turkey. Nalanda, a residential university, had at its peak 10,000 students, studying various subjects. Chinese students in particular, such as Xuanzang and Yi Jing in the seventh century, wrote extensively on what they saw and what they particularly admired about the educational standards in Nalanda. Incidentally, Nalanda is the only non-Chinese institution in which any Chinese scholar was educated in the history of ancient China.
It is also important to recognise that while Nalanda was very special, it was still a part of a larger tradition of organised higher education that developed in that period in India — in Bihar in particular. In addition to Nalanda, there were in the vicinity other such institutions, such as Vikramshila and Odantapuri. Indeed, Xuangzang wrote about them too, even though he himself studied in Nalanda. There was a larger social culture to which Nalanda belonged, and this is important to recollect in thinking about the tradition of Nalanda.
The second question to ask is the difficult one about the room for science in what was after all a religious institution. Nalanda was a Buddhist foundation, as were Vikramshila and Odantapuri, and surely the central focus of these institutions were studies of Buddhist philosophy and practice. The point to remember here is that by the nature of the philosophy of Buddha, whose focus of preaching was on enlightenment (the name given to Gautama, viz Buddha, itself means “enlightened”), there was a basic epistemic and ethical curiosity in the tradition of intellectual Buddhism that sought knowledge in many different fields. Some of the fields were directly related to Buddhist commitments, such as medicine and healthcare; others went with the development and dissemination of Buddhist culture, such as architecture and sculpture; and still others linked Buddhist intellectual queries with interest in analytical discipline.
Let me comment briefly on the last — not specifically with reference to Nalanda, but as a way of understanding better the Buddhist intellectual impact. One of the connections on which evidence of intellectual connections between China and India is plentiful is the impact of Buddhists in general, and of adherents of Tantric Buddhism in particular, on Chinese mathematics and astronomy in the seventh and eighth centuries, in the Tang period. Yi Jing, who was a student of Nalanda, and to whom I referred earlier, was one of many translators of Tantric texts from Sanskrit into Chinese. Tantrism became a major force in China in the seventh and eighth centuries, and had followers among Chinese intellectuals of the highest standing. Since many Tantric scholars had a deep interest in mathematics (perhaps connected, at least initially, with Tantric fascination with numbers), Tantric mathematicians had a significant influence on Chinese mathematics as well.
Indeed, as Joseph Needham notes, “the most important Tantrist was I-Hsing (+672 to +717), the greatest Chinese astronomer and mathematician of his time.” Needham goes on to remark that “this fact alone should give us pause, since it offers a clue to the possible significance of this form of Buddhism for all kinds of observational and experimental sciences.” Yi Xing (or I-Hsing, to use Needham's spelling), who was in fact never a student of Nalanda, but belonged to a tradition of which Nalanda was one of the results, was fluent in Sanskrit. (I request the audience to be careful of the distinction between Yi Xing, the mathematician, and Yi Jing, the intellectual trained in Nalanda, who was, among other things, interested in medicine.) As a Buddhist monk, Yi Xing was familiar with the Indian religious literature, but he had acquired a great expertise also on Indian writings on mathematics and astronomy. Despite his own religious connection, it would be a mistake to assume that Yi Xing's mathematical or scientific work was somehow motivated by religious concerns. As a general mathematician who happened to be also a Tantrist, Yi Xing dealt with a variety of analytical and computational problems, many of which had no particular connection with Tantrism or Buddhism at all. The combinatorial problems tackled by Yi Xing included such classic ones as “calculating the total number of possible situations in chess.” Yi Xing was particularly concerned with calendrical calculations, and even constructed, on imperial order, a new calendar for China.
Calendrical studies in which Indian astronomers located in China in the eighth century, along with Yi Xing, were particularly involved, made good use of the progress of trigonometry that had already occurred in India by then (going much beyond the original Greek roots of Indian trigonometry). The movement east of Indian trigonometry to China was a part of a global exchange of ideas that also went West around that time. Indeed, this was also about the time when Indian trigonometry was having a major impact on the Arab world (with widely used Arabic translations of the works of Aryabhata, Varahamihira, Brahmagupta and others), which would later influence European mathematics as well, through the Arabs (Gherardo of Cremona would make the first Latin translation of Arab mathematical texts that reported on Indian work in 1150, just before the time when Nalanda would come to its sudden end).
It is this general intellectual animation, including animation in analytical and scientific questions, that we have to appreciate in interpreting what was going on in old Nalanda. I take the liberty of mentioning here that it is not, of course, unique to Nalanda that as a religious foundation, it nevertheless pursued general intellectual and scientific studies the products of which were of great interest also to people who were not religious, or did not share the religion of the foundations involved. Isaac Newton was religious — indeed very mystically oriented — and while he revolutionised the nature of physics, mathematics and optics, he had no problem with his (and, as it happens, mine and Venky Ramakrishnan's) college's (that is Trinity's) the-then religiosity, and did not raise the kind of questions about compatibility that some later Trinity-men, like Henry Sidgwick, would with powerful arguments. The mixture of religion and science was by no means unique to Nalanda, and to illustrate with another example, it was the Christian university of Padua — one of the earliest of the extant universities in the world — that produced Galileo Galilei. (I was, incidentally amused when, while receiving an honorary doctorate at Padua, I heard Paul Ricoeur, another recipient, chastising the University of Padua for not standing up sufficiently for Galileo. Ricoeur's arguments were impeccable, though it seemed a little unfair to blame the current Rector of Padua for Padua's lack of support for Galileo.) To what extent such conflict arose in Nalanda, I do not know, but as more documents come to light, we may well find out whether there were tensions in the relation between science and religion in Nalanda. What is, however, absolutely clear is that this Buddhist foundation made much room for the pursuit of analytical and scientific subjects within the campus of Nalanda university.
A third question concerns the subjects that were actually taught in Nalanda. Here we do have a problem, since the documents in Nalanda were indiscriminatingly burnt by Bakhtiyar and his conquering army. We have to rely therefore of the accounts of students of Nalanda who wrote about what they had seen, and given the reticence of Indians to write about history (a subject of interest in itself), we have to rely mostly on the accounts of outsiders who did not share that reticence, such as Xuangzang and Yi Jing. We do know that among the subjects taught, and on which there was on-going research, were medicine, public health, architecture, sculpture, and astronomy, in addition to religion, history, law and linguistics.
What about mathematics? As it happens the Chinese chroniclers from Nalanda, such as Yi Jing and Xuangzang, were not involved in mathematical studies. Those in China who were deeply involved in Indian mathematics, such as Yi Xing, did not train in Nalanda. There may have been others, in India or China or elsewhere, from Nalanda who were involved in mathematics (a subject that was flourishing in India in this period) and whose documents have been lost. However, we do know, from Indian accounts, that logic was a subject that was taught in Nalanda, and my guess is that eventually evidence would emerge on this part of the curriculum in Nalanda as well.
Further indirect evidence in the direction of the presence of mathematics in Nalanda curriculum was the inclusion of astronomy in Nalanda. Xuangzang comments on that, and refers elegantly to the observational tower that seemed to rest among the cloudy fog high up, and provided an eye-catching sight in the Nalanda campus. In that period the progresses in Indian and Chinese astronomy were closely linked with developments with mathematics, particularly trigonometry. Indeed, all the Indian experts that the Chinese brought to China for astronomical work were mathematicians (one of these Indian mathematicians became the Director of the official Board of Astronomy of China in the 8th century). We do not know enough about the ancestry of the Indian mathematicians who went to China to decide whether any of them had Nalanda connections, but we do know that from early fifth century Kusumpur, in nearby Pataliputra (Patna), was the place were the mathematicians doing front-line innovative work on the subject were congregating.
I end with two final remarks. The first one concerns an aspect of the intellectual life of Nalanda that emerges powerfully from the accounts we do actually have about Nalanda from Chinese as well as Indian scholars. The faculty and the students in Nalanda loved to argue, and very often held argumentative encounters. I have discussed elsewhere how deep this argumentativeness is in Indian intellectual history, but I want to add here that it is a part of the scientific tradition as well, to seek arguments and defences, refusing to accept positions and claims on grounds of faith. There were plenty of organised argumentative matches going on in Nalanda, and this too fits, in a very general way, into the scientific connections of Nalanda.
The final remark concerns the passion for propagating knowledge and understanding that Nalanda stood for. This was one reason for its keenness to accept students from abroad. Xuangzang as well as Yi Jing mentions the warm welcome they received as they arrived in Nalanda from China. Indeed, Xuangzang used this commitment in an argument with the faculty in Nalanda when he was asked — and pressed — to stay on as a faculty member in Nalanda, after he had completed his studies. He mentioned his commitment, and here he invoked Buddha himself, to spread enlightenment “to all lands.” He asked the rhetorical question: “Who would wish to enjoy it alone, and to forget those who are not yet enlightened?” If the seeking of evidence and vindication by critical arguments is part of the tradition of science, so is the commitment to move knowledge and understanding beyond locality. Science has to fight parochialism, and Nalanda was firmly committed to just that.
(Dr. Amartya Sen, who won the Nobel Prize in Economics in 1998 and was awarded the Bharat Ratna in 1999, is Professor of Economics and Philosophy at Harvard University in the U.S. and chairman of the Interim Governing Board of Nalanda University.) source:The Hindu
FM Starts Pre-Budget Consultations
Holds first meeting with Stakeholders from Agricultural Sector
Union Finance Minister Shri Pranab Mukherjee started his pre-Budget consultations for the preparation of Union Budget 2011-12 from today. He held his first pre-Budget meeting this year with the stakeholders from the agricultural sector.
Addressing the representatives of different Associations/Groups of stakeholders from agriculture sector, Union Finance Minister Shri Pranab Mukherjee said that Indian agriculture though still largely rain fed showed remarkable resilience in the face of the failure of South West monsoon in the last agricultural year. He said that the GDP growth in agriculture sector was negligible but positive unlike in the past. The Minister expressed hope that in the current year with normal monsoons, we are looking at a significant rebound in agriculture and allied sector growth at about 6 per cent. He said that the first half estimates for 2010-11 indicate agricultural growth at 3.8 per cent as compared to 1 per cent during the same period last year.
Highlighting the positive developments in the agricultural sector in the past few years, Shri Mukherjee said that there has been a conscious effort to improve investment in agriculture. He said that the gross capital formation in agriculture and allied sector as a proportion to the total GDP has improved from 2.6 per cent in 2004-05 to 3.4 per cent in 2008-09. There has been a rapid growth in agriculture credit which has helped investments in the sector, he said. Shri Pranab Mukherjee further informed the Members that Minimum Support Prices (MSPs) have been regularly revised to ensure remunerative prices to the farmers thereby enhancing their returns as well as the capacity to invest for improved productivity.
The Finance Minister further said that several public programmes have been revamped to address the productivity issue in the agricultural sector. Recalling his budget speech last year, the Minister said that the Government outlined a four-pronged strategy covering (a) agricultural production; (b) reduction in wastage of produce; (c) credit support to farmers; and (d) a thrust to the food processing sector. The basic intention was to consolidate on gains already made in green revolution area while directing resources to other areas namely the Eastern region and specific crops like pulses. He said that already some good results have been observed in respect of production of pulses in the current agricultural year.
The Finance Minister Shri Mukherjee said that there is much that needs to be done to accelerate the pace of growth in agricultural sector. He said that for attaining double digit growth and sustaining it over extended period of time, it is vital that agriculture and allied sector grows at over 4 per cent per annum.
Thereafter, the representatives of different Associations of stakeholders relating to agriculture sector put forward their suggestions for consideration. About 15 representatives of different Associations/Forums of the stakeholders relating to agriculture sector attended the aforesaid meeting.
Holds first meeting with Stakeholders from Agricultural Sector
Union Finance Minister Shri Pranab Mukherjee started his pre-Budget consultations for the preparation of Union Budget 2011-12 from today. He held his first pre-Budget meeting this year with the stakeholders from the agricultural sector.
Addressing the representatives of different Associations/Groups of stakeholders from agriculture sector, Union Finance Minister Shri Pranab Mukherjee said that Indian agriculture though still largely rain fed showed remarkable resilience in the face of the failure of South West monsoon in the last agricultural year. He said that the GDP growth in agriculture sector was negligible but positive unlike in the past. The Minister expressed hope that in the current year with normal monsoons, we are looking at a significant rebound in agriculture and allied sector growth at about 6 per cent. He said that the first half estimates for 2010-11 indicate agricultural growth at 3.8 per cent as compared to 1 per cent during the same period last year.
Highlighting the positive developments in the agricultural sector in the past few years, Shri Mukherjee said that there has been a conscious effort to improve investment in agriculture. He said that the gross capital formation in agriculture and allied sector as a proportion to the total GDP has improved from 2.6 per cent in 2004-05 to 3.4 per cent in 2008-09. There has been a rapid growth in agriculture credit which has helped investments in the sector, he said. Shri Pranab Mukherjee further informed the Members that Minimum Support Prices (MSPs) have been regularly revised to ensure remunerative prices to the farmers thereby enhancing their returns as well as the capacity to invest for improved productivity.
The Finance Minister further said that several public programmes have been revamped to address the productivity issue in the agricultural sector. Recalling his budget speech last year, the Minister said that the Government outlined a four-pronged strategy covering (a) agricultural production; (b) reduction in wastage of produce; (c) credit support to farmers; and (d) a thrust to the food processing sector. The basic intention was to consolidate on gains already made in green revolution area while directing resources to other areas namely the Eastern region and specific crops like pulses. He said that already some good results have been observed in respect of production of pulses in the current agricultural year.
The Finance Minister Shri Mukherjee said that there is much that needs to be done to accelerate the pace of growth in agricultural sector. He said that for attaining double digit growth and sustaining it over extended period of time, it is vital that agriculture and allied sector grows at over 4 per cent per annum.
Thereafter, the representatives of different Associations of stakeholders relating to agriculture sector put forward their suggestions for consideration. About 15 representatives of different Associations/Forums of the stakeholders relating to agriculture sector attended the aforesaid meeting.
Three Secrets to Happiness:
Definitely money is lower in the order.
1.Good relationships.
We have a human need to be close, to be intimate, with other human beings. Having good, supportive friendships, a strong marriage or close and loving relationships with our family members will make us much more likely to be happy.
Action steps: Spend quality time today with your loved ones, to tell them what they mean to you, to listen to them, and develop your relationship with them.
2.Positive thinking.
Positive thinking is one of the best ways to achieve our goals, but it turns out that it can lead to happiness too. Optimism and self-esteem are some of the best indicators of people who lead happy lives. Happy people feel empowered, in control of their lives, and have a positive outlook on life.
Action steps: Make positive thinking a habit. In fact, this should be one of the first habits you develop. Get into the habit of squashing all negative thoughts and replacing them with positive ones. Instead of "I can't" think "I can". It works.
3.Flow.
Flow is the state we enter when we are fully engrossed in or completely focused on the work or task before us. We are so immersed in our task that we lose track of time. Having work and leisure that gets us in this state of flow will almost undoubtedly lead to happiness. In this state there is actually no difference between work and leisure. People find greatest enjoyment not when they're passively mindless, but when they're fully absorbed in something they love, or have deep interest in oe are passionate about.
Action steps: Find work that you're passionate about. Seriously—this is an extremely important step. Find work or hobbies that you're passionate about. Turn off the TV—this is the opposite of flow—and get outside and do something that truly engages you.
Wednesday, January 5, 2011
DORMANT ACCOUNTS IN BANKS ?
Any guesses what do the numbers, 10171368 and 13603200000, stand for? No these are not an IP address of a website. The two indicate the money we have but aren't using. The first number, 10,171,368, or 10.71 million, is the number of accounts that are lying idle in various banks of the country. And the second and bigger number is the mon- ey lying in these idle ac- counts--a huge `1,360.32 crore--according to data pro- vided by the Reserve Bank of India as on 31 December 2009 on unclaimed deposits.
The above numbers simply tell that at least 10 million peo- ple did not claim their own money (`1,360.32 crore) lying idle in their bank deposits for at least 10 long years (that's the time it takes to make a de- posit “unclaimed“).
There is no doubt that these number would have increased by now. A quick dipstick sur- vey shows three-fifths of the sampled people had at least two accounts that they did not use for a year or more but the accounts had some funds. One of the most common reasons our sample gave for not using accounts was job change. With every new job, they are made to open a new bank account and the older one is left un- used, at times even forgotten for years together.
When does an account become dormant If you do not use your ac- count to make any kind of transaction for at least a year, most banks consider it as an inactive account. The period varies from bank to bank. The next stage is when an account becomes dor- mant. Typically, when the no- activity period goes beyond two years, an account is tagged as a dormant account.
The period varies form bank to bank. For instance, ICICI Bank Ltd's website says, “ICICI Bank may classify an account as an inactive if there are no customer-induced transac- tions for 15 months in the ac- count. Dormant if there are no customer-induced transac- tions for 18 months in the account. That is no customer-in- duced transactions for three months after the account had become inactive.“ In case of HDFC Bank Ltd, an account becomes dormant if it's not used for a period of two years.
Who transacts: Remember that the transactions undertak- en by the bank on your ac- count is not taken into consid- eration when calculating the no-activity period. In other words, even if your bank debits your account with a service charge or credits your account with payment of interest, the transaction won't be consid- ered as an activity from your side. Transactions initiated from your side (debit or credit) or a third-party transaction on your account are required to keep the account live.
Why you shouldn't keep a dormant account It's expensive: One of the biggest costs that you pay for keeping an account dormant is the opportunity cost. The money lying idle in your ac- count earns an interest rate of 3.5% per annum only.
If you had kept the same amount in a liquid fund or a liquid plus fund you would have earned a return of 4.5-4.75% per annum. In a fixed deposit, the idle money would have got 7.5% per an- num. At the same time, a Pub- lic Provident Fund (PPF) would have given you 8% tax- free returns on the amount. If you are thinking PPF is a long- term instrument, think of the numbers mentioned at the be- ginning of the story. That much money wasn't claimed for 10 years.
Another option is to convert it into a sweep-in account, which is a savings account- cum-fixed deposit product. In these accounts, any surplus amount above a pre-deter- mined limit gets automatically swept into a fixed deposit ac- count, which earns more than 3.5% per annum.
Even if you don't have a large amount parked in these accounts, there is a minimum balance to be maintained. If you fail to do so, most banks would slap you with a fee even if the account is inoperative or dormant state. And that too over and over again--for as long as your account stays dor- mant. For instance, Punjab National Bank charges `150 per quarter for not maintain- ing the minimum balance, for Barclays Bank India, the fee is `250 per quarter. This fee var- ies from bank to bank and is in range of `75 per quarter to as much as `1,000 per year.
Eventually, your account will reach a stage where it may actually run into a negative balance. Some banks close the account in such cases, but there are some that have ac- counts in dormant state show- ing a negative balance and you may end up owing money to the bank for the fee.
However, dormant accounts do not get reflected on your credit report even if they show a negative balance. Arun Thukral, managing director, Credit Information Bureau (In- dia) Ltd, says, “Only the assets from the banks' point of view are a part of the credit report.
Savings accounts or other types of deposits are never in- cluded.“
Dormant accounts may not work against your creditwor- thiness, but they are possible cases of fraud.
It's risky: Frauds are on the rise in the Indian banking in- dustry and identifying a fraud in an unused account isn't easy.
There have been instances where bank employees have embezzled small amounts of money from such inoperative or dormant accounts or even fixed deposits that haven't been claimed for a long time.
Says Mayur Joshi, chief exec- utive officer, Indiaforen- sic.com, a financial fraud in- vestigation company, “It's best to close an account that is not used since keeping it inopera- tive or dormant is risky. It's possible that a dishonest bank employee can forge your sig- nature to steal small amounts or transfer funds from your ac- count to another account or even use such account for ille- gal activities.“
Moreover, the possibility of identity theft and net banking frauds cannot be ruled out, es- pecially in an ignored account. ICICI Bank's website says, “Such accounts are prone to be used for illegal transactions, laundering money or funding terrorism, any of which could land a bona fide customer in serious trouble.“
In cases where you have moved location and failed to update the current address on such dormant accounts, your account statements and other correspondence sent to you by the bank can be misused.
Why you shouldn't have too many accounts Says Rajesh Kadam, a Mum- bai-based certified financial planner, “An individual should not have more than two sav- ings accounts. One, with a na- tionalized bank and the other with a private sector bank. Or maybe one for savings, while the other linked to invest- ments. Any other account kept, but left unused, is not safe.“
Moreover, it's inconvenient to maintain many accounts.
The higher the number of ac- counts, higher would be the number of account numbers, personal identification num- bers, debit card numbers and endless papers to handle.
Besides, whatever little inter- est you earn on each of them will have to be taken into ac- count while calculating your in- come for tax purposes. Interest that a savings account earns is taxable. Says Kadam: “If for some reasons you forget to mention the interest earned in such an account in your income earned for tax purposes, and the tax authority finds that out, it will bring unnecessary com- plications in your financial life.“
Since the period of inactivity varies between banks, it's pos- sible that any account you may not have used for a few months has actually become inactive or dormant by now. At this stage, if you would want to use them, you will face several re- strictions. You won't be able to use a debit card, you can't re- quest for a cheque book or change your mailing address.
So if you don't intend to use more than one or two accounts, close them and invest the funds in other investment avenues which give better returns. Be richer this new year by closing those dormant accounts.
source;livemint
The above numbers simply tell that at least 10 million peo- ple did not claim their own money (`1,360.32 crore) lying idle in their bank deposits for at least 10 long years (that's the time it takes to make a de- posit “unclaimed“).
There is no doubt that these number would have increased by now. A quick dipstick sur- vey shows three-fifths of the sampled people had at least two accounts that they did not use for a year or more but the accounts had some funds. One of the most common reasons our sample gave for not using accounts was job change. With every new job, they are made to open a new bank account and the older one is left un- used, at times even forgotten for years together.
When does an account become dormant If you do not use your ac- count to make any kind of transaction for at least a year, most banks consider it as an inactive account. The period varies from bank to bank. The next stage is when an account becomes dor- mant. Typically, when the no- activity period goes beyond two years, an account is tagged as a dormant account.
The period varies form bank to bank. For instance, ICICI Bank Ltd's website says, “ICICI Bank may classify an account as an inactive if there are no customer-induced transac- tions for 15 months in the ac- count. Dormant if there are no customer-induced transac- tions for 18 months in the account. That is no customer-in- duced transactions for three months after the account had become inactive.“ In case of HDFC Bank Ltd, an account becomes dormant if it's not used for a period of two years.
Who transacts: Remember that the transactions undertak- en by the bank on your ac- count is not taken into consid- eration when calculating the no-activity period. In other words, even if your bank debits your account with a service charge or credits your account with payment of interest, the transaction won't be consid- ered as an activity from your side. Transactions initiated from your side (debit or credit) or a third-party transaction on your account are required to keep the account live.
Why you shouldn't keep a dormant account It's expensive: One of the biggest costs that you pay for keeping an account dormant is the opportunity cost. The money lying idle in your ac- count earns an interest rate of 3.5% per annum only.
If you had kept the same amount in a liquid fund or a liquid plus fund you would have earned a return of 4.5-4.75% per annum. In a fixed deposit, the idle money would have got 7.5% per an- num. At the same time, a Pub- lic Provident Fund (PPF) would have given you 8% tax- free returns on the amount. If you are thinking PPF is a long- term instrument, think of the numbers mentioned at the be- ginning of the story. That much money wasn't claimed for 10 years.
Another option is to convert it into a sweep-in account, which is a savings account- cum-fixed deposit product. In these accounts, any surplus amount above a pre-deter- mined limit gets automatically swept into a fixed deposit ac- count, which earns more than 3.5% per annum.
Even if you don't have a large amount parked in these accounts, there is a minimum balance to be maintained. If you fail to do so, most banks would slap you with a fee even if the account is inoperative or dormant state. And that too over and over again--for as long as your account stays dor- mant. For instance, Punjab National Bank charges `150 per quarter for not maintain- ing the minimum balance, for Barclays Bank India, the fee is `250 per quarter. This fee var- ies from bank to bank and is in range of `75 per quarter to as much as `1,000 per year.
Eventually, your account will reach a stage where it may actually run into a negative balance. Some banks close the account in such cases, but there are some that have ac- counts in dormant state show- ing a negative balance and you may end up owing money to the bank for the fee.
However, dormant accounts do not get reflected on your credit report even if they show a negative balance. Arun Thukral, managing director, Credit Information Bureau (In- dia) Ltd, says, “Only the assets from the banks' point of view are a part of the credit report.
Savings accounts or other types of deposits are never in- cluded.“
Dormant accounts may not work against your creditwor- thiness, but they are possible cases of fraud.
It's risky: Frauds are on the rise in the Indian banking in- dustry and identifying a fraud in an unused account isn't easy.
There have been instances where bank employees have embezzled small amounts of money from such inoperative or dormant accounts or even fixed deposits that haven't been claimed for a long time.
Says Mayur Joshi, chief exec- utive officer, Indiaforen- sic.com, a financial fraud in- vestigation company, “It's best to close an account that is not used since keeping it inopera- tive or dormant is risky. It's possible that a dishonest bank employee can forge your sig- nature to steal small amounts or transfer funds from your ac- count to another account or even use such account for ille- gal activities.“
Moreover, the possibility of identity theft and net banking frauds cannot be ruled out, es- pecially in an ignored account. ICICI Bank's website says, “Such accounts are prone to be used for illegal transactions, laundering money or funding terrorism, any of which could land a bona fide customer in serious trouble.“
In cases where you have moved location and failed to update the current address on such dormant accounts, your account statements and other correspondence sent to you by the bank can be misused.
Why you shouldn't have too many accounts Says Rajesh Kadam, a Mum- bai-based certified financial planner, “An individual should not have more than two sav- ings accounts. One, with a na- tionalized bank and the other with a private sector bank. Or maybe one for savings, while the other linked to invest- ments. Any other account kept, but left unused, is not safe.“
Moreover, it's inconvenient to maintain many accounts.
The higher the number of ac- counts, higher would be the number of account numbers, personal identification num- bers, debit card numbers and endless papers to handle.
Besides, whatever little inter- est you earn on each of them will have to be taken into ac- count while calculating your in- come for tax purposes. Interest that a savings account earns is taxable. Says Kadam: “If for some reasons you forget to mention the interest earned in such an account in your income earned for tax purposes, and the tax authority finds that out, it will bring unnecessary com- plications in your financial life.“
Since the period of inactivity varies between banks, it's pos- sible that any account you may not have used for a few months has actually become inactive or dormant by now. At this stage, if you would want to use them, you will face several re- strictions. You won't be able to use a debit card, you can't re- quest for a cheque book or change your mailing address.
So if you don't intend to use more than one or two accounts, close them and invest the funds in other investment avenues which give better returns. Be richer this new year by closing those dormant accounts.
source;livemint
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