protest aginst black money issue

land bill : Delay unlikely to impact overaoverall Indian economy

With the Congress opposing any change in retrospective clause of the Land Act brought in by the UPA in 2013, the Joint Parliamentary Committee examining the proposed amendments in the Act will now be able to submit its report only in the Winter session of Parliament. While this gives a moral victory to the Congress and other Opposition parties, economists say that the delay is unlikely to have much impact on the overall economic situation. Madan Sabnavis, chief economist, CARE Ratings, said that while the Bill per se will not have any effect on the economy, which was growing even in the absence of Land Act 2013, it “will certainly help in improving the sentiments for investments in the country”. “If the Land Bill is delayed and status quo maintained, there will be no adverse effect. However, if the Bill is passed it will certainly give an impetus to the overall economy,” he said adding that with the private sector operating at a capacity of 70-80 per cent, there is no urgency in...

INDIA CHINA RELATION

A Himalayan balancing act The great Himalayan Divide between India and China was in evidence last week following the > Chinese refusal to support India's case for entry into the > Nuclear Suppliers Group . While non-entry into the Group is not the end of the world, for India lives to fight another day, of concern is what the Chinese stance implies for the bilateral relationship between the two Asian giants. This is a relationship that has been assiduously tended over the years since the mid-seventies when ambassadorial relations between the two countries were restored at the initiative of Prime Minister Indira Gandhi. Despite the humiliation suffered in 1962, she famously opined that “we cannot march to Peking” and that normalisation of relations constituted the triumph of maturity over the futility of alienation. Transformation in the 1980s Cut to summertime, the year being 1986. An Indian border patrol on its way to re-establish ...

Albert Einstein: free thinking and hidebound attitudes

The Guardian view on Albert Einstein: free thinking and hidebound attitudes Editorial Albert Einstein’s humanitarian reputation almost matches his scientific stature. From the 1930s onwards he vigorously denounced racism, “a disease of white people”, once observing that “being a Jew myself, perhaps I can understand and empathise with how black people feel as victims of discrimination”. So it is especially shocking to learn of racist and misogynist comments that he made while travelling in Asia in the 1920s. In his newly published diaries from the period, he describes the Chinese as “industrious, filthy, obtuse” and “a peculiar herd-like nation”. Though he praises their modesty and gentleness, he also echoes contemporary warnings that they posed a demographic threat: “It would be a pity if these Chinese supplant all other races. For the likes of us the mere thought is unspeakably dreary.” How could a figure renowned for his empathy and wisdom have written such passages? The answer ...

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