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| KICK OFF: Mahajan at the NYSE |
On Friday,
April 5, there was a fresh buzz on the New York Stock Exchange (NYSE).
Information Technology Minister Pramod Mahajan kicked off the day's proceedings
on the bourse when he rang the bell. Besides "realising a childhood
dream", Mahajan hoped the moment would also give second wind to the
flagging Indian tech initiative in the US.
After the dotcom bust, the Indian software industry has begun to explore
the growing options of outsourcing by US companies to India-based firms.
As part of this effort, the minister led a team of Indian software professionals
under the aegis of NASSCOM to the US. The team held road shows for the
NYSE as well as Nasdaq, the tech-specific bourse. If the day-long seminar
on outsourcing hosted by the NYSE was any indication, then India is set
to rake in the moolah once again.
And the minister must have happily noted that the sales pitch for Indian
it this time was made by US companies led by General Electric and AIG.
Presumably, Yankeespeak will help generate an Indian summer once again.
-Anil Padmanabhan
Body Blow
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| FRAGILE STATE: Old Hyderabad |
The name Quli Qutb Shah Urban Development Authority (QQSUDA) may read
a tad too long, but its achievements don't. The body that takes its name
from a ruling dynasty of Hyderabad misused funds for the Nandavanam project
to clean up the Musi river dividing the old city from the new. In 1999,
the Government stopped allocating funds and work to the QQSUDA and now
plans to disband it.
However, the Opposition parties, including the Majlis-e-Ittehadul Muslimeen
(MIM) and the Congress beg to differ. They want the entire urban development
work of the old city to be assigned to the QQSUDA. The issue is likely
to kick up a political storm if the Government goes ahead with its plan
to allow the QQSUDA to die.
-Amarnath K. Menon
Act in Action
The disabled in Delhi have something to cheer about. Seven years after
the Disability Act was passed, the Ministry of Urban Development and Poverty
Alleviation has issued an amendments notice for the capital's building
plans. It's now mandatory for all new structures to have disabled-friendly
facilities. "No building plan should be approved or be given a completion
certificate till the norms for making it disabled-friendly are met with,"
says Anuradha Mohit, special rapporteur, Disabilities, National Human
Rights Commission.
Earlier, despite the Act, new and "happening" shopping malls,
multiplex cinema halls and office buildings in Delhi were not made barrier
free. The guilty include the government-owned Cottage Industries Emporium
on Janpath which has a disabled-friendly entry ramp but no elevators or
ramps inside. However, the Delhi Metro Rail project has all its disabled-friendly
features in place. That should serve as inspiration for defaulters to
be on the right track.
Shefalee Vasudev
ONE DAY IN BIHAR
Rambunctious Minister
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| HIT MAN: Ram by name, Ravan by fame |
Purnamasi Ram's name denotes the full moon, his behaviour its dark side.
The last time Bihar's minister for food and civil supplies was in the
news was December 2001. That's when he deprived his daughter and son-in-law
of their home in Bagaha, a town on the India-Nepal border, forcing them
to spend wintry nights in a roadside tent. The unusual land grab operation
was triggered by a desire to build a shopping complex where the daughter's
house stood. The police treated it as a "family dispute" and
hurriedly closed the case.
This time Ram and his cronies forced themselves into the residence of
Dayanand Dwivedi, a CPI (ML)-Liberation leader of Bagaha. The hapless
Dwivedi was bundled into a jeep, taken to the local Inspection Bungalow
and tortured till he fell unconscious.
His crime? Highlighting irregularities in the Red Card scheme- a ration
card meant for people below the poverty line-in Bagaha. The scandal is
small beer by Bihar standards, worth only Rs 61 crore. So maybe Ram thought
he'd get away with it till Dwivedi moved the courts.
Soon after the assault, there were mass protests in Bagaha. The local
Gabbar Singh remained unfazed. In the dystopia of Bihar, this must be
what they call Ram rajya.
-Farzand Ahmed
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