The era of the IMF and the World Bank dictating to developing countries may be over but for some the fascination with these institutions, remain. The two global fund managers have always been driven by politics, ideology and economics. Yet our economist Prime Minister seems to be caught in the old school tie syndrome, points out Paranjoy Guha Thakurta
In the global economic downslide, India seems to be better buffered than most others. China also looks vulnerable. Even though our economic Think Tank assures the country that all is well, the ripples are being felt all around
Govindacharya has always been the maverick in the Bharatiya Janata Party (BJP). A brilliant mind with a firm ideology, the acharya was on deputation from the mother organisation, the Rashtriya Swamsewak Sangh (RSS), to the BJP. A strong proponent of the Swadeshi take on economics he was known for his great organisational strength. However, the controversial RSS pracharak soon fell foul with the BJP after having been accused of calling Atal Bihari Vajpayee a mukhota (or mask) of the party. Govindacharya has always denied the allegation and maintains that he had merely said that Vajpayee was the face of the BJP. Govindji quit the party in 2000 and left Delhi for Chennai in 2001 on a “sabbatical.” He was later removed as pracharak from the RSS too. But the Acharya is back and is part of Uma Bharati's (another maverick) Bharatiya Janshakti Party as its mentor and guide. For the moment he will be the “overall incharge” of Uma’s party which is hoping to make the going tough for the BJP in the Madhya Pradesh elections, and to emerge as the kingmaker. Govindacharya has announced that he will launch a new political front in the coming year of like-minded groups which are pro-Bharat and pro-poor. Known for his straight talk, Govindacharya in a candid conversation with Neerja Chowdhury talks of the past and future of his bumpy political journey.
Two strong-willed women seems to have upset the poll arithmetic of both the ruling BJP and its challenger the Congress: With both Uma Bharti and BSP’s Behenji showing a firm resolve to give the two parties a fight in the Madhya Pradesh elections.
The foreigners issue has racked Assam for decades and yet there has been little headway on the problem. Even as the demographic contours are fast changing, political parties are caught on how to sift Muslims who deserve citizenship from those who are termed as aliens.
Current’s dogged investigations into the irregularities in the telecom sector have been taken note of by the concerned authorities. The Department of Telecommunication (DoT) has sent Anil Ambani’s Reliance Communications a notice on the group having fudged licence fees of more than Rs 200 crores. And now the Central Vigilance Commission (CVC) has written to the DoT and TRAI accusing them of moral indifference in the sale of licences. This led to a loss of Rs 51,000 crore to the exchequer. Union Telecom Minister A. Raja had promised to resign if found to have done something wrong. DOES MINISTER RAJA REMEMBER HIS PROMISE?