Articles by Bhabani Sen Gupta

and this was borne out by the fact that the growth rate in national income actually declined during this period. Similarly, the impact on savings rate of the measures taken during the emergency such as freeze on wages, dividends and compulsory deposits is not clearly brought out in the analysis of the high savings phase. Lastly, while dealing with the key issues in the emerging savings scenario no mention is made of the liberalisation process and its likely impact; nor is there any suggestion to link up formal and informal financial sectors to bring in unrecorded savings.

particular state, small ethnic groups exist next to the dominant group, they too must have a place in the sun; they could be barely six hundred thousand, as in the hills of Darjeeling, or four million, as with the Bodos in Assam, they must nonetheless be assured of their full democratic rights within the portals of the union of India. How do such nice sentiments go with the assertion that we hold on to Kashmir at whatever cost, period, the wishes and predilections of the people of the valley do not matter?

The Sails Have but Poor Winds Bhabani Sen Gupta The political-tactical line of Rajiv Gandhi, who is going backward in search of his political future, is that driven to a deep sense of insecurity, the Muslims will fall back on supporting the Congress(I), while the Hindus will vote for the party because of its unmistakable sympathy for Hindutva. The strategy can, of course, misfire completely.

Ice on Summer Seas Bhabani Sen Gupta Deprived of a wave, denied a leadership shine, unable to fire the imagination of the poor masses with anything more than gimmicks and rhetoric, the ruling leadership is determined to stoop to anything in order to win the election.

Laying Out of a Rose Garden LANGUAGE speaks the political man. Face to face with the national election, prime minister Rajiv Gandhi has found a new language which now speaks him rather than he speaks it. On August 7, he treated the Lok Sabha to a fascinating taste of the new language of electoral politics. The occasion was the introduction of the urban bodies bill, the supplement of the panchayat bill both of which the prime minister determined to pilot himself. He did not speak extern pore. Nor from notes. He read a written statement. It is known that the 'speeches' of the prime minister are composed with great care by members of his staff. He himself goes over different versions drafted by different people The final draft is written under his personal vigil Rajiv Gandhi rehearses the important 'speeches' he delivers.