Friday, November 30, 2018
Dinesh Kamath's Editorial 'Imran Khan woos India' that was published in Newsband
Imran Khan woos India
Prime Minister Imran Khan was speaking to Indian journalists in Islamabad.
He said that it was not in Pakistan’s interest to allow terror attacks from Pakistan’s
territory. Imran Khan called for India to make a fresh start during his term to
revive the dialogue process between the two countries. The talks had been
stalled on the issue of terrorism for more than a decade. Khan also spoke at
the foundation stone laying ceremony for the historic Kartarpur corridor, at
Kartarpur in Pakistan. He said that India and Pakistan must not keep focussing
on the past and that the past was for learning from, not for living in. He
expressed his sorrow over the fact that in spite of his trying to reach out to
India from the very first day of his term, he got a bad response when the
meeting at the UN was cancelled. He said that Pakistan then decided to wait for
a response until elections in India.
Khan maintained that the resolution of Kashmir remained the main concern
for Pakistan. Pakistan Information
Minister said that there are people in both India and Pakistan who don’t want normalization.
Khan referred to the “4-step formula” for the resolution of Kashmir that was
devised during the tenures of President Musharraf and Prime Minister Manmohan
Singh. He further said that the response in Pakistan to the corridor had been
very “positive” and he hoped that India would respond to the “consensus for
peace” which he said was shared by all stakeholders including the military in
Pakistan.
Khan said that his government hoped to promote religious tourism in the
country, and could consider other proposals for shrines such as the Sharada
Peeth in Pakistan-occupied Kashmir, Katasraj temple in Sindh as well as a
recently discovered Buddha statue near Islamabad.
How did the Indians respond to all that Khan uttered? Indians ask, “What
is there to talk about Kashmir? Pakistan just has to accept that Kashmir is
integral part of India and move on. If it does that, things will automatically
return to normal very soon. Jammu & Kashmir is one of the states in
India.Why should Pakistan or any other country want to discuss about it?”
The Indians ask Khan the following questions: Are you ready to act
against the Mumbai attack organisers and supporters especially those in ISI?
Are you ready to act against D-Gang? Are you ready to return to India the
occupied territories? Are you ready to vacate Chitral which did not have a
Muslim Majority population at the time of partition? Are you ready to hold
accountable those people who are responsible for atrocities committed in
Baluchistan?
India appreciates Imran Khan’s quest for peace, but remember Prime
Minister Modi showed the same enthusiasm when he got elected to be the PM and
visited PM Nawaz Sharif. India is unable to trust Pakistan. Whenever India
gives an olive branch, immediately we get a Kargil, or 26/11 or parliament
attack or air force base attack etc. India can’t believe Pakistanis until they
get out of their military and ISI controlled Governments.
What Indians should consider is the fact that war and killing has not
helped India and Pakistan. Imran Khan is new Prime Minister, who is trying his
best to start a new peace process. He is aware of the fact that some of his
predecessors had got killed for trying to talk peace with India. All the
terrorists in Pakistan try to gun down anyone who tries to make peace with
India. But despite all those challenges, he is bold enough to talk peace and
not cowed down by terrorists and pressure from ISI. Shouldn’t India grab this
golden oppurtunity to bring peace to Indo-Pak relationship?
Thursday, November 29, 2018
Dinesh Kamath's Editorial 'Cyclone Gaja is a major disaster' that was published in Newsband
Cyclone Gaja is a major disaster
Cyclone Gaja’s economic impact in Tamil Nadu is comparable to that of the
tsunami of 2004. The devastation suffered by tens of thousands of people in
several districts of the State has been severe. Communities in the affected
areas are distraught as houses have collapsed, farms lie ruined, water sources
are contaminated and electricity supply remains disrupted. Many areas remain
inaccessible because fallen trees have blocked roads. The number of people rendered homeless is at
3.7 lakh, and houses destroyed at 3.4 lakh. The cyclone has crippled
agriculture and livelihoods, felling thousands of productive trees and killing
livestock.
Many of the farmers have invested in trees and livestock expecting
long-term returns, but have been rendered paupers overnight. The Tamil Nadu government has given the
Centre a memorandum seeking nearly ₹15,000 crore for restoration,
rehabilitation and mitigation, besides ₹1,431 crore for immediate relief work. Cyclone
Gaja has wrought terrible devastation, and the relief programme must match it
in scale.
At the time of need our goverment must come forward to help Tamilian
community. They need full support of people as well as government. We can't
stop natural calamities but could support the sufferers in every possible way.
Nobody knows what might happen the very next moment but we can prepare people
mentally to bear such losses in future. Every possible help should be
contributed by the people in the form of money, food to bring them back to
normalcy.
It is very painful to read the news on Gaja affected areas. Loss of
plants, cattles and houses pose a very big worry to the surviving villagers and
farmers. As rightly pointed out, the State has to do more to rebuild the lost
wealth. A few points to ponder over are: 1. State Agriculture department must
supply coconut plants freely to the Gaja affected farmers. 2. Farm loans in the
affected areas be completely waived by PSBs, Co-operative Banks at once and
fresh financing must be immediately extended. 3. State must doll out essentials
and groceries free at the ration shops for next 3 months. 4. Construct more
number of big size concrete buildings to serve as shelter homes during such
calamities. 5. State must at once initiate steps in building concrete houses
for the Gaja affected people as done in Tsunami rehabilitation. 6. State and
Coastal Development Authority must initiate steps to grow more number of
Palmyra trees in these coastal regions to reduce wind intensity.
Despite forewarnings, the administration was not very well prepared.
Otherwise, the loss could have been much less than the present. The
unimaginable devastation caused by the cyclone Gaja exposed threadbare the
inadequacy of the preparedness of the state government in tackling major
disasters. The state government has not learnt from experience. It does not
have the wherewithal. For getting full quantum of aid from the centre the state
government should fight tooth and nail. The state should unequivocally prove to
the centre that there is a limit in towing the latter’s line especially when
the state’s interests are in jeopardy.
Nature's fury cannot be countered; but we could be "prepared for the
worst" through scientific plans. Tamil Nadu is one state where the annual
North east Monsoon period (October-November) brings terrible weather conditions,
often (almost always) destroying many regions through heavy winds and rain
havoc. Here we may recall the washing away of the entire Pamban Bridge of
Rameshwaram, some five decades back, along with an entire Train with hundreds
of passengers in it - completely engulfed in the seas. While weather broadcasts
and predictions have improved many-fold, the on-the-ground preparedness to meet
heavy winds and torrential rains have been dismal. Huge moneys are spent on
Statues, temples, and other meaningless paraphernalia, frittering away
thousands of crores of rupees from Public moneys - but very low priority is
seen in being prepared to meet Climate challenges - both short term and long
term. There is NEED for Scientific Plans and Actions through Research &
Development. The delta districts and Nagapatnam are affected worst in Gaja
cyclone. It will take years to revive the agro assets lost which destroyed the
major resources for life. Hence the Centre must help the State with liberal
purse on Gaja cyclone and sanction the mentioned amount as flood relief.
The Relief to the people who is suffering still for normal living
conditions is to be on immediate concern for all levels. The Government along
with other political parties and other social welfare organisations should come
forward to help the people with all their efforts. The waiving of loans to
farmers should be done and there should be immediate remedial measures and
insurance sectors must come forward to look into the matter immediately.
Dinesh Kamath’s column ‘New movie released in Navi Mumbai (2.0) that was published in Newsband
New movie released in Navi Mumbai
By Dinesh Kamath
2.0
2.0 is a 2018 Indian 3D science
fiction-action film directed by S. Shankar and co-written by Shankar with B.
Jeyamohan. The film was produced by Subaskaran Allirajah under the banner Lyca
Productions. A sequel to Enthiran (2010), it features Rajinikanth reprising the
roles of Dr. Vaseegaran and Chitti, alongside Akshay Kumar and Amy Jackson.
Sudhanshu Pandey, Adil Hussain, Kalabhavan Shajohn, and Dr K. Ganesh appear in
supporting roles. In addition to its original language, the film would be
released in 14 other languages with dubbed versions. The soundtrack was
composed by A. R. Rahman, with lyrics written by Madhan Karky and Na.
Muthukumar.
India faces a threat from Pakshi
Rajan (Akshay Kumar), a human who mutated into a bird-like creature and uses
cellphones as weapons. Vaseegaran aka Vasee (Rajinikanth) decides to help the
government by reviving the superpowered andro-humanoid robot Chitti (also
Rajinikanth) along with his newly invented andro-humanoid robot Nila (Amy
Jackson) to eliminate Pakshi Rajan. This time around, Chitti is reloaded and
primed to confront a force that is out to eliminate mobile phones and cellular
transmission towers from Tamil Nadu. The battle between good and evil, between
nature and technology, plays out over two and a half hours. The movie displays
robotic and frenetic action sequences. The film talks at length about the sad
reality of the sparrows vanishing from our metropolises. The film has flashy,
impressive demo of animatronics, special effects and prosthetics. A mysterious
power - its genesis is established in the film's opening sequence in which a
man hangs himself from a cell tower - is out to eliminate mobile telephony from
the face of the earth. Towers are uprooted and crushed. Handsets fly off the
hands of their owners and turn into a destructive wave. A city is in the grip
of complete mayhem. The army is called out but the soldiers draw a blank. The
good scientist is roped in to stop the impending calamity. He advises bringing
Chitti back from the dead. That is the only effective option in the fight
against the new menace. His plan is resisted by elements in the administration
but as matters begin to go out of control, Vaseegaran secures a free hand. Nila
(Amy Jackson), another of Vaseegaran's creations. On the face of it, the lead
actor plunges into the universe of the two pivotal characters - the invincible
robot and his brilliant creator - with all his might. Akshay Kumar, in the
second half of the film, is in the guise of an ageing ornithologist livid at
the fast depleting bird numbers and then as a vengeance seeker for the avian
deaths. The murderous crusade that Pakshirajan (Akshay Kumar) launches against
mobile phone sellers and users is worth watchin. The comic-strip superficiality
of his war manifests itself in the manner in which he kills a wholesaler, a
transmission tower owner and a telecom minister: one blown to smithereens, the
other squeezed to pulp, and another literally poisoned with a diamond-studded
mobile phone. Amy Jackson as the super-efficient robot who is at the beck and
all of her master is aptly mechanical but does just enough not to be swamped
out of this sci-fi action film designed primarily for Rajnikanth's
larger-than-life, crowd-pleasing screen persona. Adil Hussain is in the role of
the home minister, a man charged with formulating a response to the attack of
the mobile phones. But his agency is quickly taken away from him as Vaseegaran,
Chitti and Nila take over as a powerful adversary threatens to overrun the city.
There is a hint of a romantic entanglement between Chitti and Nila, both of
whom are capable of feeling and expressing love. Thus The right-versus-wrong is
what 2.0 depicts.
The film has Rajinikanth as
Vaseegaran, Chitti, 2.0, and Kutti 3.0, Akshay Kumar as Pakshi Rajan, Amy
Jackson as Nila, Sudhanshu Pandey as Dhinendra Bohra "Dhina", Adil
Hussain as Vijay Kumar, Home Minister, Dr K. Ganesh as Jeyanth Kumar, Anant
Mahadevan as a scientist, Mayilsamy as Telecommunication Minister's personal
assistant and Kalabhavan Shajohn as Telecommunication Minister.
A. R. Rahman composed the music of
the film. The original Tamil soundtrack has Hindi and Telugu dubbed versions.
Lyricist is Abbas Tyrewala. In the Hindi version, the songs are "Mechanical
Sundariye" sung by Armaan
Malik, Shashaa Tirupati, "Rakshassi" by Blaaze, Kailash Kher, Nakash
Aziz and "Nanhi Si Jaan" by
Kailash Kher, A. R. Ameen, Suzanne D'Mello.
Wednesday, November 28, 2018
Dinesh Kamath's Editorial 'The Rupee gets a much-needed boost' that was published in Newsband
The Rupee gets a
much-needed boost
The rupee has managed to gain some ground over the last few weeks. It has
gained almost 5% from its lowest levels reached in October. This is owing to the
uptrend in oil prices this year which lasted till early October. Since then,
the rupee has gained against the dollar in tandem with the fall in global crude
prices. This is all due to the U.S. having softened its stance against Iran.
Traders said the weakness in the greenback against some currencies overseas
and a higher opening of domestic equities supported the rupee. Rising for the
eighth straight day, the rupee climbed 39 paise to 70.30 against the US dollar
in early trade Monday, as global crude prices slipped below the $60 per barrel
mark.
The fall in global crude oil prices comes as a big relief to the Central
government, which has faced increasing macroeconomic and political pressure due
to rising prices. The ruling
party may be pleased with falling oil prices in the run-up to the general
elections next year. The Reserve
Bank of India will be relieved as it will have to worry less about the rupee
and oil-induced inflation.
There is an increase in investor confidence in the Indian economy. It may
not be so easy to map what lies ahead for global crude oil prices and the
rupee. The December 6 meeting of the Organisation of the Petroleum Exporting
Countries might give some idea.
India should capitalise on the relief offered by the fall in oil prices. The
ongoing fall and rise of the Indian rupee is, of course, attributable to the
fluctuating world oil prices. It has also become a sordid fact that the Indian
economy's growth (or decline) is inextricably tied to crude oil prices. India
should fervently look for alternative sources of energy so as to reduce dependence
on crude oil.
To make the present favourable situation last long, prudent steps must be
taken to face any adverse situation in the future immediately. A nation's
values would depend on Value Additions of Own Resources - both materials and
Human. Dependence of outside resources/technology/engineering would make a
nation vulnerable to international trade balance/imbalance. Oil imports of
India is to an extent of about 3.2 million barrels per day (values ranging from
$190 million to $250 million/ per day) - running to over $70 billion per annum.
The Net-energy values of the imported oil works out to about 800 billion KWH
per annum. Were we to convert Coal into Green Energy system, through
Clean-Technology, about 200 million T of Coal based Oil could completely solve
all the Needs of Petroleum imports. And we have 300 billion T of coal, useful
for at least 300 years, at current usage rates. It is high time our Government
plans for R&D to utilize the huge Coal resources instead of imported
Petroleum.
Tuesday, November 27, 2018
Dinesh Kamath's Editorial 'The Legend called Mary Kom!' that was published in Newsband
The Legend called Mary Kom!
Mary Kom won sixth World Championship gold. Thus she has proved that she is one the
greatest boxers. She has enhanced her already legendary status. She defeated Ukraine’s Hanna Okhota in the
48 kg segment of the Women’s World Boxing Championship in Delhi.
Mary Kom has thus drawn her level with Félix Savón, the Cuban great who
ruled amateur boxing in the 1980s and 1990s. Kom has always defied the odds.
She has busted gender stereotypes. She could achieve this feat in spite of the
lack of resources and poor infrastructure. She firmed up Manipur’s place on
India’s talent map, brought India on the world boxing landscape, and reinforced
women’s sport.
Kom is now 35 and a mother of three. She has an overall haul of seven
medals, including a silver on debut in 2001. She was a bronze medallist at the
2012 London Olympics. The latest of
her six world titles, secured after a gap of eight years, was the toughest of
them all. She also had to bear the
additional pressure of the expectations of home crowds.
Kom will switch to the 51 kg weight class in the pursuit of a medal at
the 2020 Tokyo Olympics. She will have to fight with younger and stronger
rivals in a higher weight category. Hailed as ‘Magnificent Mary’ by the
International Boxing Association, Kom has been an inspiration globally. She is also a Rajya Sabha member of
Parliament and idol for many upcoming women boxers.
M.C. Mary Kom got emotional after
winning record sixth gold. India ended the championships with 1 gold, 1 silver
and 2 bronze — from Lovlina Borgohain (69kg) and Simranjit Kaur (64kg). Mary
Kom’s great stature has now touched a new high. The diminutive Mary now stands
as the tallest woman boxer.
In a hard-fought duel between two southpaws, Mary showcased her beautiful
assortment of right jabs and well-rehearsed combinations to seize the
initiative. The Ukrainian employed her quick hands and tested Mary thoroughly
in the second round. With the competition got more intense, Mary lifted her
game and attacked in the final round. Amidst the exchange of blows, Hanna
displayed some gamesmanship and invited the Indian to land more shots. At last Mary
was declared a winner amidst deafening cheers. The Indian could not hold back
her tears as she thanked the fans for their whole-hearted support. She has made
a humble statement: ‘I don’t have anything to give except for a gold medal to
the country.’
However, Sonia Chahal (57kg), the other Indian in the finals, lost 4-1 to
former World youth champion Ornelia Wahner of Germany and had to be satisfied
with a silver medal. Sonia deserved credit for standing like a rock despite
being taken to task by the German. Overall, Indian boxers gave an improved
performance as they secured four medals. In the previous edition, India had
managed just one silver medal.
It has been a challenging journey for the 35-year-old, who has displayed
tremendous grit, game sense, tactical acumen and superb fitness to get the
better of younger opponents. She (Mary) is a strong boxer, an Indian star and a
women’s boxing legend. Mary is
focused on her job. Mary Kom showed how experience and smartness can turn
things around.
Monday, November 26, 2018
Dinesh Kamath's Editorial 'Misplaced adventurism proves fatal' that was published in Newsband
Misplaced adventurism proves fatal
The death of a young American man at the hands of the inhabitants of
North Sentinel Island in the Andaman and Nicobar Islands. Should Sentinelese be convicted and punished? Should they be integrated into modern
society?
John Chau’s killing was a tragedy. His attempt to make contact with the
Sentinelese was foolhardy and dangerous. Nobody is allowed to venture near
North Sentinel Island without permission.
The Sentinelese are perhaps the most reclusive community in the world
today. Their language is so far understood by no other group and they have
traditionally guarded their island fiercely, attacking most intruders with
spears and arrows. Chau knowingly broke the law.
But the fact is even animals with five senses can recognise its own
species. It is not a normal behaviour to react with killing instinct at the
sight of another human being. These islands were used by kingdoms to banish
people who were nuisance to societies. It could have been one such islands used
to banish people with psychiatric abnormal behaviours. If there were just 10
people in the beginning, over several hundred years, these numbers should have
multiplied to several hundreds. Why then the number of tribals is very less.
Are they killing themselves or is there any other reason for high mortality? When
they are a part of India, they also should be offered all the facilities which
other citizens are provided with. India has worked for upliftment of many
tribals. They are not zoo animals to speak about conservation and no law should
prevent them from their basic rights to education and medical facilities even
if they don't want. Government should enter the island and provide
rehabilitation.
But there are many questions being asked. Did Chau want to convert the
Sentinalese to Christianity? Is the religious motivation of Chau and the backing he received from
the missionary societies/groups that he was a part of, being brushed under the
carpet? The case is being presented as only that of "misplaced
adventurism"
Chau should have been prevented from entering the island and what made
the authority to be hand folded while he started his venture. If there are very
few people there they must be brought out to civil life. But if they are
considered worth to be retained status quo tighten the laws for absolute
prevention of entry to the island.
India hosts the world's
most aloof tribe. The fact that they have existed for so long is a testimony to
India's culture of concern for all beings, of its diversity, and its
much-appreciated policy of "live and let live". Hope that there can
be some other non-destructive solution.
Saturday, November 24, 2018
Dinesh Kamath's Editorial 'Good initiative for India and Pakistan' that was published in Newsband
Good initiative for India and Pakistan
India and Pakistan have announced their plans to operationalise a
visa-free corridor between Dera Baba Nanak in Indian Punjab and Kartarpur Sahib
in Pakistan’s Punjab. That demand had gathered pace in 1995. The Kartarpur gurdwara is situated on the
site on the bank of the Ravi where the founder of Sikhism, Guru Nanak, spent
his last 18 years. Prime Ministers
Atal Bihari Vajpayee and Benazir Bhutto, had pushed for it. They were alert to the potential of such a move to
heal ties amongst their people, and promote dialogue between the two
governments.
Kashmiri Pandits have also for long been asking for access to visit the
Sharda Peeth in the Neelum Valley in Pakistan-occupied Kashmir; Sufis in
Pakistan wish to visit the dargah of Khwaja Moinuddin Chishti in Ajmer,
Rajasthan; and Sikhs in India and Pakistan want to visit important shrines on
both sides of the border.
Much will depend on how quickly India and Pakistan act on their
commitment. Recently, Pakistan Army
Chief Qamar Javed Bajwa revived the Kartarpur proposal in a conversation with
Navjot Singh Sidhu, a Minister in the Congress government in Punjab, at Mr.
Khan’s swearing-in ceremony in August. The Kartarpur project will compel India
and Pakistan to engage in a positive and purposeful manner. Can this project
ensure that peace and tranquility will prevail on borders.
India, as a nation, has suffered for 17 years at the hands of Jinnah
before Partition (1930-1947) and another 71 years at the hands of his
successors after Partition. We have only experienced mendacity, duplicity,
enduring hostility, skirmishes, wars and above all unrelenting jihadi terrorism
from Pakistan. Should we still treat Pakistan as a long-lost brother or a
prodigal son deserving sympathy? The cross border Punjabi affection cannot be
the basis for diplomacy because the sinister agenda of Pakistan is based on
manufactured grievances and conspiracy theories. Let us remember that Pakistan
hosts all Khalistani terrorists. All these need reiteration, don't they?
Yes, allowing cross border piligrimage is good and it is a good opening
for a game changer and a step ahead in changing the bitterness that had stopped
the diplomatic talks between the two. All those who worked to make this possible
deserve praise. People wishing to cross the border for medical treatment should
face no difficulties at all. Personal visits to relatives should be insulated
from the periodic chills the relationship is prone to.
Friday, November 23, 2018
Dinesh Kamath's Editorial 'Unlawful but right decision?' that was published in Newsband
Unlawful but right decision?
The J&K Governor dissolved the Jammu and Kashmir Assembly without
giving any claimant an opportunity to form the government. Governor Satya Pal
Malik has violated constitutional law and convention.
in J&K, the State has been under Governor’s rule since June, when the
BJP withdrew from the coalition and Chief Minister Mehbooba Mufti, of the
Peoples Democratic Party, resigned. The PDP and the National Conference were
about to come together to form a likely 56-member bloc with the help of the
Congress.
Describing such an alliance as opportunistic is fine as far as it is
political opinion; however, it cannot be the basis for constitutional action. The court had also said unsubstantiated
claims of horse-trading or corruption in efforts at government formation cannot
be cited as reasons to dissolve the Assembly. It was the Governor’s duty to
explore the possibility of forming a popular government,
Anyone interested in political stability in the sensitive State should ensure
that democratic processes are strengthened. The potential for political
instability in the future should not be
a reason to take law into one’s hands.
But J&K being what it is, needs to be handled carefully. All parties
except the BJP are either openly or tacitly lending support to the Hurriat
& the stone pelters. Under the circumstance, if they happen to get a hand
at power, consequences thereof could be disastrous as country could witness a
greater intensity of moves at cessation with active assistance from Pakistan.
It is better for India that J&K remains under President's rule until Government
is in a position to bifurcate the state to isolate problem areas & deal
with them focused with iron hand.
Some argue that the offices of the Governor and the President were
created in the Indian Constitution so that people of impeccable character would
bring sanity into the machinations of politicians. Unfortunately, the system
has been subverted by the politicians by appointing people with strong leanings
to the ruling party to these posts.
But it is now increasingly becoming clear that Indian Political arena is
transforming into a drama of opposing ideas/ideals/ideologies, where anybody
can join with anybody else and money would be the benefit for such "joining"
hands - whatever the reality of ideals/ideologies. The resultant happenings are
highly nauseating - to say the least. There are no
standards/practices/principles/Rules. Money and Power speak.
Formation of government through a post poll manoeuvre of groups has
political validity; despite lacking in morality. MLAs are free to have their
views and of course they are in a sense compelled to act in accordance with
public opinion and people's interest; and this is all a difficult area in
practice, theory and opinion. We are passing through difficult times beset with
Majoritarianism; Democracy norms have been in systemic mobocracy jeopardy.
Development has been on an inexorable, fitfully paced path; politically this is
getting less important. Priority has to be to uphold the Constitution and Rule Of
Law.
Thursday, November 22, 2018
Dinesh Kamath's Editorial 'The Centre and the RBI address each other’s concerns' that was published in Newsband
The Centre and the RBI address each other’s concerns
In the board meeting of the Reserve Bank of India, the decisions taken by
the board addressed the concerns of both the Centre and the central bank,
though on balance it appears that the RBI carried the day. Two of the biggest concerns of the Centre
where it was expecting an immediate resolution — relaxation of the Prompt
Corrective Action framework on 11 public sector banks and provision of
liquidity for non-banking financial companies — will be addressed at a future
date.
The Centre’s attempt to tap the RBI’s rich reserves has also been staved
off for now. The RBI has been transferring all of its surpluses to the Centre
in the last five years based on the recommendations of an earlier committee led
by Y.H. Malegam. The central bank partially yielded to the Centre on two other
issues — the Basel capital framework for banks and easing credit flow to micro,
small and medium enterprises (MSMEs). Again, by permitting debt recast for MSME borrowers of up to ₹25 crore,
the RBI has attempted to address their credit concerns, which was one of the
major demands of the Centre. Clearly, there was enough give-and-take in the
meeting that left both sides gaining
something.
That the meeting went on for over nine hours clearly indicates that there
was an intense exchange of views, which is not a bad thing at all. Differences
between the Centre and the central bank must be thrashed out. Theee should not
be any government interference in the functioning of RBI, especially its
regulatory aspect and monetary policy prerogatives. Electoral politics should
not make RBI a scapegoat.
It's really a good step from both the players. They are quite happy with
their decision and at last problem will somehow be solved around the table. Another
refreshing thing under Modi Government is the fact that institutions are
respected as independent entities and issues debated. Have we seen such a thing
happening any time during the Congress rule? Why? Because they adopted a
different strategy of back door operations whereby they plant complaintb by
people who would obey to the dictates of the Finance Minister. Even as recently
as in 2013,Chidambaram made Raghuram Rajan pay up RBI's reserves to the Govt by
finding a basis from an obscure report of YH Malegam that in the normal
circumstances, would have been rejected.Therefore, it is clear we now have a
Government that doesn't impose itself either overtly or covertly on
institutions. Having said that,this approach also has pitfalls as too much of
independence can lead to situations that we witnessed in CBI ,an institution
that remained so corrupt inside all along yet gave a picture of calmness
outside as Govt heads in those times were in perfect sync with CBI & used
it for manipulating their actions. Cat is now out of bag!
All said and done the autonomy of RBI should not be tempered with by
Union Government. Allow the RBI to function within its parameters.
it is a nice development to note that issues in the world can be settled
by discussion across the table rather than waging a cold war, which only keeps
the rumor mongering agencies with nice fodder to chew on for days together. Now
all the media agencies will have to go in search of another topic to air their
views. After all issues develop between various sections of the administration
in its day to day working to achieve progress in the nation. It is when such
meetings take place, a clear picture results and the works undertaken proceeds
fast to achieve the goal aimed at. Congrats to RBI and the govt of the day for
showing the way what good governance means.
Dinesh Kamath’s column ‘New movies released in Navi Mumbai’ (Bhaiaji Superhit, The Dark Side Of Life Mumbai City and Colour Photo) that was published in Newsband
New movies released in Navi Mumbai
By Dinesh Kamath
Bhaiaji Superhit
Bhaiaji Superhit (transl. Brother,
superhit) is an Indian action comedy film directed by Neerraj Pathak and
produced by Chirag Dhariwal. The film features an ensemble cast including Sunny
Deol, Preity Zinta, Ameesha Patel, Arshad Warsi, Evelyn Sharma and Shreyas
Talpade. Its music will be presented by Zee Studios.
A Varanasi based Don (Sunny Deol)
dreams of seeing himself on the big screen. To facilitate this mad affair, he
seeks the services of Arshad Warsi and Shreyas Talpade who are playing a
director and a writer respectively. Ameesha Patel plays an actress and Preity
Zinta, a small-town girl and Sunny's wife, tries to emulate her. Two very
different worlds, Bollywood and the UP Underworld, collide with each and rub
shoulders to create a laugh riot. Thus the movie depicts the story of a
Varanasi based Don named 'Lal Bhaisahab Dubey'(Sunny Deol), whose only dream is
to see himself on the big screen.
The movie has Sunny Deol as Lal
Bhaisahab Dubey, Preity Zinta as Sapna Dubey, Ameesha Patel as Mallika, Arshad
Warsi as Goldie Kapoor, Shreyas Talpade as Tarun Porno Ghosh, Sanjay Mishra as
Dr. Gyan Prakash Buddisagar, Pankaj Tripathi as Builder Gupta, Jaideep Ahlawat
as Helicopter Mishra, Evelyn Sharma, Mukul Dev, Brijendra Kala and Pankaj Jha.
The songs of the film are composed
by Jeet Gannguli, Raghav Sachar, Amjad Nadeem, Sanjeev–Darshan and Neerraj
Pathak and music produced by Aamir Khan, Aditya Dev, Chandan Saxena while the
lyrics are written by Amjad Nadeem, Shabbir Ahmed, Kumaar, Neerraj Pathak and
Sanjeev Chaturvedi. The film has songs like "Sleepy Sleepy Akhiyan", "Do
Naina", "Om Namah Shivay", "Naam Hai Bhaiaji", "Baby
Jaanleva Hai" and "Do Naina" (Shafqat Version).
The Dark Side Of Life Mumbai City
The Dark Side of Life: Mumbai City
is an Indian Drama film set to be released on 23 November 2018. The film is
written and directed by Tariq Khan and is produced by Rajesh Pardasani under
the banner of Lakshya Productions. The film marks the acting debut of veteran
filmmaker Mahesh Bhatt who stars alongside actor Kay Kay Menon in the film.
The Dark Side of Life: Mumbai City
is a multi-plotted story which revolves around the lives of seven individuals
who are pushed to the brink of depression while battling their emotional and
financial problems. The film is set in the city of Mumbai. Will they fight
through it or will they succumb to their circumstances? Mahesh Bhatt plays a
painter in acting debut.The director gets all the credit for pushing him into
this new role. Bhatt plays a Muslim father, who lives alone and his son lives
in the US. He keeps a Hindu boy in his house as a tenant. Tariq has treated
this relationship very sensitively, "especially in a city where people
reach the point of giving up on life and commit suicide". The movie has a
message for such people. "Keep on living and struggling with life. Newcomer
Avi Pardasani plays the role of the Hindu boy, who lives with Bhatt's character
Zulfikar Hussain, in the film.
The film has Mahesh Bhatt as
Zulfiqar Hussain, Kay Kay Menon as Sumit Balsaria, Neha Khan as Kavya, Alisha
Khan as Zohra, Avii Pardasni as Prince, Deepraj Rana as Warrren Lobo, Nikhil
Ratnaparkhi as Anand, Jyoti Malshe as Parul and Gul Hameed as Kadambari.
Colour Photo
Colour Photo is a Bollywood drama,
written and directed by Aziz Naser. The movie stars Gullu Dada, Aziz Naser,
Shahbaz Khan, etc. in lead roles. Rajesh S S has scored the music for Rajesh S
S.
Though he is utterly talentless and
largely clueless, Quddus Tubewala is convinced that he is a great filmmaker.
With two aspiring actors by his side and a roguish moneylender for a producer,
Quddus sets out to make his dream cinema. The hilarious series of incidents
that unfold during the filming of Quddus' low-budget masterpiece forms the crux
of Colour Photo.
Wednesday, November 21, 2018
Dinesh Kamath's Editorial 'Trade War between Two Major World Economies' that was published in Newsband
Trade War between Two Major World Economies
The Asia-Pacific Economic Cooperation (APEC) organisation has its leaders principally led by the U.S.
and China. The two clashed over the proposed wording of the document. The
economic rivalry between Washington and Beijing appeared to fracture the
21-nation summit into two segments.
Washington led the charge on “unfair trade practices” under the Trump
administration’s “America First” policy. Vice President Mike Pence, who
attended on the President’s behalf, called upon nations to eschew loans that could leave them in a debt
trap with Beijing. President Xi Jinping touted Beijing’s Belt and Road Initiative. The BRI has worried smaller
Asian nations and the U.S., particularly given that China views the Asia-Pacific
landscape as a means to secure economic predominance worldwide.
The troubles began over the summer when both countries started taxing billions worth of the other’s imports. If this continues, eventually global supply
chains may be hit, and shrinking trade volumes may cause companies to seek out
new trading routes and partners. The
WTO may lose their authority. Asia will be at the heart of this war of
attrition because strategic control of its high-value maritime trading routes
is the key to China’s dreams of global trade dominance.
The world is still poised on the edge of the trade war vortex. Can the forthcoming G20 meeting in
Argentina calm the situation.
The former Tanzanian president Julius Kambarage Nyerere once said
"When Elephants fight it is grass that gets crushed. When elephants make
love it is the grass that gets crushed". He was referring to USA and USSR.
Today it is USA and China. But the grass remains.
China was well forwarding with its project based lending business
worldwide and was busy on belt and road initiatives and CPEC plan at Pakistan. It
is trying to create a right to navigate in Arabic sea by showing its investment
in Lanka. But a sudden brake has been applied by Trump with America first
policy and started restricting Chinas trade with US by import tariff. Now comes
the headache for China and now it concentrates on stabilising its global trade
rather than to money lending business. Until the end of the tenure of Trump
China has to fumble and Trump might do
more damages to China's trade. China’s dream to bring Ren Mini as a global
number one currency will never come true.
The trade issues that exist between America and China are due to
different economic structures and development stages in the two countries. These
issues can be resolved through dialogue and consultation. A trade war, instead
of leading to any solution, will only end up hurting both sides and the global
economy. The two sides find a
“mutually acceptable solution” to the ongoing trade issue. Trump and his
Chinese counterpart Xi Jinping are scheduled to meet in Argentina later this
month on the sidelines of the G-20 Summit.
The U.S. on November 5 imposed “the toughest ever” sanctions on a defiant
Iran aimed at altering the Iranian regime’s “behaviour”. However, it
temporarily allowed India, China and five other major importers to continue
buying Iranian oil as they showed “significant reduction” in oil purchase from
the Persian Gulf country. Thus the two countries (US and China) continue to
confront important differences in the bilateral relationship.
Tuesday, November 20, 2018
Dinesh Kamath's Editorial 'Reservation issue' rhat was published in Newsband
Reservation issue
The Maratha community has secured yet another promise of reservation in
government jobs and educational institutions. The proposal has been cleared by
the Maharashtra Cabinet, but is yet to be passed in the State Assembly. Chief Minister Devendra Fadnavis defended
this saying it is in line with the recommendations. State Backward Class
Commission (SBCC) report mandates
reservations for Marathas under a new,
separate Socially and Educationally Backward Class category.
The BJP-Shiv Sena government has sought to provide the reservations under
a separate category. The Cabinet’s
nod is in any case born of political exigency, not socio-economic reasons. The SBCC’s report do not square with
available data. As with Jats in Rajasthan and Patels in Gujarat, they enjoy a
socio-economic status closer to that of the forward classes (and castes) in
Maharashtra.
The assertions of backwardness by sections of dominant communities such
as Marathas, Patels and Jats have largely been due to perceptions about the
relative inability to move up the economic ladder. Affirmative actions are for
the people who have any kind stigma attached with their name. In the past or
may be in present as well, wherever the word "Maratha" is pronounced
most of the times it is followed by the word ‘Pride’. How a community that is
proud of its name and having valorous history would present itself backward.
Everyone wants a ' good quota'. Thousands of caste and sub- castes in the
country should be given quota according to their proportion of population. Why
leave out the Brahamins and Rajputs? Why not reservations for legislators too?
It will open up a fresh demand from any community which feels that it is left
out in the recruitment bazar.
Organisations of the Other Backward Classes (OBCs) said that this was an
attempt to give a share of their reservation to that community. They said the
BJP-led State government had betrayed the OBCs. The Backward Classes Commission had an overwhelming majority of Marathas,
and the report came out in favour of Marathas.
Fadnavis blamed the opposition for spreading the
mis-information and attempt to create animosity within the communities over the
Maratha reservation issue.Monday, November 19, 2018
Dinesh Kamath's Editorial 'Coastal places should be able to tackle any disaster' that was published in Newsband
Coastal places should be able to tackle any disaster
Coastal districts are vulnerable against extreme weather events. Tamil Nadu was more prepared than before
to deal with Cyclone Gaja when it made landfall between Nagapattinam and
Vedaranyam on November 16, but it still took a toll of at least 45 lives. The
severe cyclonic storm damaged infrastructure, property and agriculture. Professionalising
of disaster management more than 15 years ago appears to be paying off. Bureaucracies
are able to provide early warning and in mitigating the impact of cyclones. The
National Cyclone Risk Mitigation Project started by the Ministry of Home
Affairs has been working to reduce the impact of such catastrophic events.
Tamil Nadu’s political parties have acted in a mature manner and kept
partisan criticism from getting in the way of relief and rehabilitation after
Gaja. The financial relief
of ₹10 lakh that has been promised for families of the dead, compensation for
lost crops, trees and livestock, provision of emergency health intervention and
rehabilitation assistance to rebuild lives.
Coastal States must focus on reducing the hazard through policies that
expand resilient housing, build better storm shelters and create financial
mechanisms for insurance and compensation. T
Two months ago heavy rains and floods devastated Kodagu in Karnataka. Three months after the floods, signs of
devastation are still everywhere. In Thantipala, the van of a local resident
lies almost fully buried in sand left behind by flood water. Mounds of flood
residue comprising mud and broken trees line up either side of the road paved
out. Large coffee estates have been wiped out.
Apart
from dealing with coming to terms with the present, many are worried about the
future. The Kodagu district administration has identified 840 beneficiaries who
will be given houses in the first phase. The government will approve one of the
five model houses being built by different agencies and companies. The
beneficiaries were chosen based on applications and cross verification with
agencies such as the gram panchayats. Some people had expressed willingness to
build houses on their own, for which the government would provide some
compensation, and they too could utilise the technology implemented in the
model houses. The unit cost is yet to be decided,
The Kerala Fire Force Officers Association (KFOA) has called for the
setting up of task forces under the Fire and Rescue Services Department in all
district headquarters for disaster management. An intensive training programme
on the lines of that for police commandos has also been sought for fire
services personnel to equip them to handle disasters.
The biggest hurdle to disaster management these days is the lack of
emergency tenders that can be used in all terrains. Also, many of our squad
members are unskilled in handling rescue equipment used during landslips, a change in the situation was possible only
through the formation of a new task force.
The department needs a fair strength of scuba divers for deep water
rescue operations, and there is a need for experienced hands in each sector for
quick response. There is need to form fully-equipped task forces in all
districts with members who are well-trained in disaster mitigation and rescue
services. There should be at least one amphibious rescue vehicle for each
division to add teeth to the project.
There is a need to call for the formation of district-level task forces
rather than putting the whole responsibility on the newly constituted
community-level rescue volunteers group. There is need for intervention of the
government to introduce a suitable working dress for rescue squad members. This
is in addition to demands for the formation of an exclusive research and
development wing for the Fire and Rescue Services Department and an
investigation team to probe fire-related cases.
Sunday, November 18, 2018
Saturday, November 17, 2018
Dinesh Kamath's Editorial 'To sing or not to sing?' that was published in Newsband
To sing or not to sing?
T.M. Krishna is a leading Carnatic vocalist. His scheduled participation
in a Spic Macay programme this weekend was always going to be a big draw. The
programme was abruptly cancelled, after its sponsor, the Airports Authority of
India, suddenly bailed out.
Did this happen because Krishna IS outspoken critic of the Narendra Modi
government. Did the AAI surrender
to social media threats? As a musician, Krishna has attempted to break barriers
of orthodoxy, caste and class. For instance, the Magsaysay awardee favoured
some Carnatic musicians who sang Christian compositions. He has also contested the structural
rigidities of the Carnatic music world.
However, the Delhi government has done well to step in and organise a
concert of his at another venue. The AAI may not have acted on its own. Maybe they could not stand up in the face
of intolerance and intimidation.
T M Krishna has emerged as a silver lining on the edge of a dark cloud
that is spreading and eclipsing the old, plural, democratic India. He is not
only an innovative artiste; greater still is his role as a public
intellectual-activist, who has boldly taken cudgels against 'fundamentalism'.
Krishna should sing. And Krishna should write. And Krishna should speak.
Those who disagree with his views can always refrain from going to his concerts
or talks or hearing or seeing his performances or his express their
disagreement through the written word, but to bring about a cancellation of his
concert is to deny those who either support his views or simply don't care
about his politics.
Some say that his programme was cancelled not because of his attack on
Narendra Modi and his government The US organisers, a Mysore sabha and now AAI
cancelled his programmes due to his unnecessary and unwarranted comments on
various issues including Carnatic Music. He could have desisted from all these
controversies. His forte was/is Carnatic Music and he could have spent his time
and energy by singing to greater heights.
Why are people complaining about such decisions one way or other? TM
Krishna boycotts December season. 15 years or so back TM Krishna boycotted
Hamsadhvani Sabha after accepting an invitation as they invited a HIndustani
musician to preside over a function. If people or sabhas want to listen to TM
Krishna they will invite. If Krishna wants to sing he will sing. Accept it the
way it is and move on.
Friday, November 16, 2018
Dinesh Kamath's Editorial 'Another milestone by ISRO' that was published in Newsband
Another milestone by ISRO
The Indian Space Research Organisation has marked a big milestone. The
Geosynchronous Satellite Launch Vehicle MarkIII (GSLV MkIII) launched GSAT29,
an advanced communications satellite, into a geosynchronous transfer orbit. The
satellite took off from a launchpad at the Satish Dhawan Space Centre at
Sriharikota. ISRO’s master control
facility at Hassan assumed the command and control of the satellite. The
multi-band, multi-beam satellite can cater to the communication needs of people
in Jammu and Kashmir and the Northeast.
The first successful experimental flight of the GSLV MkIII was in 2014. This
proved its capacity in the atmospheric flight regime. Its first developmental
flight was on June 5, 2017, when it launched GSAT19. The present launch marked the second
developmental flight of the MkIII. With these two successes, the launcher is
declared ‘operational’ and joins the ranks of the working vehicles, the PSLV
and the GSLV.
The GSLV MkIII has not just boosted the satellite into its orbit, but
also restored morale at ISRO, which had been dented by the GSAT 6A setback. This
launch proves that India could have been still more advanced in the fields of
designing, engineering and manufacturing. Smart people here try to become politicians, godmen or bureaucrats. There
is a contempt for science and scientific approach.
The magnificent efforts of ISRO and its entire team should be appreciated
by all the Indians. This is another scientific achievement in indian astronomy
and space research.
India’s adventures in the space with the unison of technology and
impeccable leadership under Prime Minister is remarkable. We are treading on
the path of new dawn in space advancement. The earlier finding of any natural
disaster due to surveillance of satellites has led to the saving of lives and
property. Kudos to our scientists for their hard work and dedication!
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