ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A Calcutta DiarySubscribe to A Calcutta Diary

Calcutta Diary

Several of the problems plaguing the Left Front in West Bengal are arising on account of the fade-out of ideology or philosophical belief. The Front is no longer the collage of passion and resistance to authoritarianism that it was a quarter of a century ago. Its fervour for reorienting centre-states relations, in case necessary even rewriting the Constitution, is also no longer a part of the Front's hidden or open agenda. Iron has entered the soul.

Calcutta Diary

The budget proposals have little to do with the processes of the Indian economy. So what, the criterion to apply is whether these please Washington, DC. True, the fiscal deficit could not be cut back, but the Americans are sensible people, they will reach an overall judgment on the budget on the basis of the ideological tilt it is bound to ensure.

Calcutta Diary

Much more than the actual Clinton trip, it is the preliminaries to it which are proving to be far more important to the two quarrelsome countries in the subcontinent. India will hasten to cede ground on this or that issue to the Americans, for otherwise Bill Clinton, it is feared, might lean toward Pakistan. In identical manner, the Pakistanis will be eager to make additional concessions to the Americans so as to dissuade the latter from expressing greater love for India.

Calcutta Diary

The US treasury secretary, what ho, has just signed a deal with the Indian finance minister. The latter has underwritten full protection of American capital invested here. The augmentation of defence outlay this will call for cannot be helped and another round of downsizing of the budget, especially the development budget, will follow. That should bring loads of cheer to liberal hearts.

Calcutta Diary

It was the late 1940s or the early 1950s. Bunches of young Indian graduate students were flocking to the Oxbridge universities. In this extraordinarily bright crowd, a slip of a girl, Dharma Venkataraman, was perhaps the smartest. Dharma Venkataraman conquered Oxbridge. That was only a beginning...

Calcutta Diary

What do you expect when governments, in country after country, are being privatised wholesale? Only ngo’s are henceforth likely to matter. It is little use complaining that these are dangerous faceless entities. You made the bed and you have to lie in it; is that not the essential free market philosophy?

Calcutta Diary

Many of the assumptions of those favouring privatisation of insurance belong to the realm of pure fiction. But since the authorities in New Delhi have already entered into commitments, philosophy will render its quiet verdict: what has to be done will be done. The nation has to go through the experience of a return to the pre-1955 conditions as far as the insurance industry is concerned, just as it has to cope with some of the other slings and arrows of fortune following the onset of globalisation. Consider the brand of black humour the country's banking industry is exemplifying.

Calcutta Diary

With the Supreme Court's decision approving the execution of Nalini and her husband and two of their accomplices, a cycle of events is completed. What about the Liberation Tigers of Tamil Eelam though? By no stretch of logic can they be dubbed as permanent enemies of India and Indians. It is India's leaders who chose to make adversaries of them. Is that going to be a permanent situation?

Calcutta Diary

The poll results are a slap in the face of the conspirators who thought they could walk away with the country. A great disorder awaits India. Is that not a lovely prospect?

Pages

Back to Top