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| CALLED FOR: Mittal |
People of Indian
origin are a subject of debate in the British Parliament again. A year after
the Hinduja passport row that led to the resignation of minister for Northern
Ireland Peter Mandelson, it is steel magnate L.N. Mittal's turn at starring
in controversy. Mittal has been accused of donating £125,000 (Rs 81
lakh) to the ruling Labour Party in June 2001 to influence it against intervening
in the closure of Corus, a rival to Mittal's Ispat group. The Welsh Nationalist
Party says he stood to gain most from Corus' demise.
First Minister Rhodri Morgan has dismissed the allegations saying, "There
was no question of any linkage (to Corus' shut down) with any donation
made to the Labour Party." The implied connection is that Labour
failed to support a workers' buyout despite thousands of workers losing
their jobs because of Mittal's donation. A Labour spokesman says the allegations
are "nonsense" and adds that the donation was not hush-hush.
It was listed on the Electoral Commission's website, he says.
Another prominent Indian in the UK is also having a hard time. Keith
Vaz, MP, has been banned from the House of Commons for failing to cooperate
in an inquiry into his financial affairs. Vaz was condemned by Elizabeth
Filkin, the Commons Commissioner for Standards, for allegedly obstructing
her scrutiny of his financial relations with the Hindujas.
-Ishara Bhasi
See No Evil
Taking Indian channels off Pakistani cable TVs may have prevented saturation
of Pakistani minds with Indian propaganda and halted the flight of financial
capital, but "the amount of TV watched has gone down", says
Asad-ur-Rehman of MindShare, a media-buying house. Less TV viewership
means less time for adsell. This means more ad clutter on PTV, the only
channel to have benefited from the ban. Sony, Star Plus and Zee together
took about 38 per cent of the satellite advertising pie of $6 million
per annum.
There is consensus in the industry that the ban will be short-lived.
A scheme to give Pakistan's electronic media greater penetration through
terrestrial broadcasting is in the offing. PTV md Yusuf Baig Mirza believes
greater penetration will enable Pakistani channels to counter Indian "cross-border
media infiltration". The industry is not so sure. If the crorepatis
and saas-bahus of India continue to hold sway over Pakistani viewers,
advertisers will put their money where the viewership is.
-Sahar Ali
ENTERPRISE
Asia, Free and Unfree
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| FREE DRAGON: Hong Kong tops |
In a sense, it is a measure of civilisation. The Heritage Foundation,
one of the premier think tanks of the US, has just released its Index
of Economic Freedom for 2002. Topping the list of free economies is Hong
Kong, with a score of 1.35-the best possible being 1.0. Singapore is close
behind with 1.55. At 1.80, Uncle Sam is merely joint fourth.
While two tiny territories have done Asia proud, the bottom of the table
is also a continental preserve. Iraq and North Korea-part of the new "axis"
powers-are joint 155th with an overall score of 5.0.
For India, there's not much to celebrate. A 3.55 rating places it at
number 121, 20 places below Pakistan, 61 notches below Mongolia and, if
it helps, 112 ranks below Chile. The disaggregated scores give India a
rockbottom 5.0 for trade policy. Even if the overall score is 0.30 points
above 2001's, the index should still embarrass a certain Mr Sinha in Delhi.
-Ashok Malik
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