पंजाब केसरी
तरुण विजय
Monday, December 26, 2011
Sunday, December 25, 2011
World Sanskrit Conference at New Delhi, Jan 5-10, 2012
News about 15th World Sanskrit Conference at New Delhi, Jan 5-10, 2012
The 15th World Sanskrit Conference (WSC), organized by Rashtriya Sanskrit Sansthan, New Delhi in association with International Association of Sanskrit Studies, will be inaugurated by Honorable Prime Minister of India Dr. Manmohan Singh at Vigyan Bhavan, New Delhi on 5th January 2012 at 10 a.m. Honorable Minister of Human Resource Development Shri Kapil Sibal will be the Guest of Honour in the Inaugural Session. Soon after the inaugural session, Dr. Ashok Aklujkar and Dr. Lokesh Chandra will deliver special lectures, which will be chaired by Dr. Kapila Vatsyayan. Rashtriya Sanskrit Sansthan will release the catalogue of approximately 57000 manuscripts belonging to its Ganganatha Jha Campus. The catalogue in ten volumes in hard copies will be released in the inaugural session of the Conference and it will also be uploaded on the website of the Sansthan. Some other publications of Sansthan will also be released on this occasion. Vigyan Bhavan, New Delhi will be the venue for the inaugural and valedictory sessions as well as for all academic sessions of the 15th WSC. All exhibitions, the section on manuscriptology and book stalls will be arranged at Indira Gandhi National Centre for Arts (IGNCA).
In collaboration with the Indira Gandhi National Centre for Arts (IGNCA), National Manuscript Mission (NMM) and other institutions, a series of exhibitions entitled Viśvavārā is being planned at IGNCA. A Sanskrit Book Fair is being arranged in the premises of IGNCA which will remain open from 5th January 2012 to 10th January 2012. The exhibitions and around 105 book-stalls in the Book Fair will remain open during conference days from 10.00 AM to 8.00 PM for scholars, students, delegates and Sanskrit lovers. The book exhibits will offer a unique opportunity to get acquainted with the recent publications. Viśvavārā will have the following sections – Revitalization of knowledge systems through manuscript wealth with focus on scientific traditions of India, Sanskrit and Sanskritic inscriptions in South East Asia, Historical traditions of India through manuscripts, Exhibition on Information Technology and computer tools related to Sanskrit.
On the 4th January 2012, pūrvaraṅga, a programme to mark the beginnings of the 15th World Sanskrit Conference will be organized. Dr. Ramakanta Goswami, Minister for Industries, Labour and Election will inaugurate the Sanskrit Book Fair, and Shri Chinmay R. Garekhan, Chairman, IGNCA will inaugurate the series of exhibitions in the premises of IGNCA.
A five-day festival of Sanskrit theatre will be organized by the Rashtriya Sanskrit Sansthan during the Conference at IGNCA daily from 7.30 p. m to 9.00 p.m. (open for all – invitation on website). Sanskrit plays as performed in traditional theatres of Kūṭiyāṭṭam, Katha-kali, Nāṅgiyār Kuttu, Yakṣagānam, Ankiyā Nāt and Manipuri Rāsa will be staged as under:
· Kūṭiyāṭṭam by Margi Madhu: Abhiṣekanāṭakam
· Nāngiārkūttu and Kathakalī: Kathakalī: Duśāsanavadham by E.N. Narayanan & P.M. Damodaran, Department of Sahitya Sree Sree Sankaracharya University, Kalady Nāngiārkūttu by Usha Nangiar
· Yakṣagānam: Gajanan Hegde and his troupe
· Ankiyā Nāta: Shrimanta Shankardev Kalakshetra, Guwahati
· Gītagovindam in Maṇipurī Rāsa: Radha Madhav Sanskrit Mahavidyalaya, Manipur
Technical sessions on various themes of the conference will commence from the afternoon of the 5th Jan.2012 and will continue till the 10th Jan.2012 at Vigyan Bhavan. The Conference will operate in twenty sections. About eight sessions will be running concurrently in four cakras (slots) on most of the days. The conference will run in the following sections - Veda; Linguistics; Epics and Purāṇas; Tantra and Āgamas; Vyākaraṇa; Poetry, Drama and Aesthetics; Sanskrit and Asian Languages and Literatures; Sanskrit and Science; Buddhist Studies; Jain Studies; Philosophies; Religious Studies; Ritual Studies; Epigraphy; Sanskrit in Technological World; Modern Sanskrit Literature; Pandit-parishad; Kavisamvayaḥ; Law and Society; and Manuscriptology. Apart from these sections, the twelve special panels will also be organized.
In a special panel Mr. Rajiv Malhotra will discuss the book BEING DIFFERENT focusing on non-translatables of Sanskrit and the strategic importance of Sanskriti in the global kurukshetra.
The valedictory function of the conference will be held at Vigyan Bhavan, New Delhi on the 10th Jan. 2012 at 4.30 p.m. Dr. Karna Singh, Honourable Member of Parliament, and Chairperson of Indian Council for Cultural Relations, will be the Guest of Honour in the valedictory function. Mrs. Sheila Dixit, Honorable Chief Minister of Delhi will preside over this session. After the valedictory session, a dinner at the residence of Mrs. Sheila Dixit, Chief Minister of Delhi will be arranged by Delhi Sanskrit Academy. The 15th World Sanskrit Conference is going to be an important meet of Sanskrit scholars of various Universities and Institutions of the world who are working in different disciplines of Sanskrit Studies. Likely two hundred foreign delegates and one thousand Indian delegates will participate in the conference. They will interact and deliberate upon important issues of Sanskrit learning and research in the global scenario and present the essence of wisdom as well as the treasures from the Sanskrit-based knowledge systems. Visit Website for more details: www.sanskrit.nic.in
Thursday, December 22, 2011
Wednesday, December 21, 2011
Gita unites India - a historic day for us
THE TIMES OF INDIA
20 December 2011
Tarun Vijay
20 December 2011
Tarun Vijay
When I congratulated Laluji, Mulayam Singhji, Sharad Yadavji, Mahtabji along with the Congress leaders Arun Kumarji and Pawan Bansal ji with our stalwarts like Joshiji and Hukum Dev Narayanji, in a media briefing in Parliament yesterday, mediapersons were surprised. They all spoke in one voice against the ban on the Gita in Russia and I said that such national issues should not be a matter of concern for any single party or organization. It involves us all Indians and it’s a great day for us that the Gita issue was taken up so vigorously by all, cutting across party lines with the sole exception of the Left.
It was not just a Hindu issue. The honour of the nation and its people, the civilizational heritage of India and the cultural ethos that gave the world its best gift in the form of the Gita, the ultimate message of karma, pluralism and universal values for a noble society, was at stake. And hence it was a day when India rose in one voice, as one people and one culture.
Let the chroniclers write this day as a golden day in our history when all differences were deleted to express solidarity for the Gita, the book of India.
The anguish and the angst of the people of India on the move to ban the Gita in Russia was best expressed by Lalu Prasad, Sharad Yadav, Mulayam Singh and Arun Kumar Vundavalli in the Lok Sabha on December 19.
It was such a historic occasion that the entire house immediately took up the issue raised by a senior BJD leader Bhartruhari Mahtab. He said through a special mention: “The religious rights of the Hindus in Russia should be protected. Curiously, the State Prosecutor had referred the scripture to Tomsk State University for an expert examination. This university is not qualified as it lacks Indologists who study history, culture, language and literature of the Indian subcontinent. As this case is inspired by religious bias and intolerance from a majority religious group in Russia, I would like to urge upon the government to impress upon their Russian counterpart so that their right to practise their religion and belief is upheld. The Gita does not preach hatred. Indian embassy in Moscow should intervene through diplomatic channels immediately.”
Lalu Yadav demanded a discussion and stern action against the Russian authorities. Murli Manohar Joshi and Harin Pathak supported and voiced serious concern. The uproarious scenes followed when members demanded a discussion and the Speaker had to adjourn the house till 2pm with a promise to allow the discussion. Mulayam Singh was first to rise to the occasion brilliantly and he said: “The Gita is a universal book accepted by the world which guides to be a better human being and work for the good of the society. It’s a classic that teaches honesty and how to lead a sacred life. Gandhiji used to read the Gita daily and most of his speeches were based on the teachings of the Gita. He wanted to build our nation on the message of the Gita. But the government has not taken the Gita seriously and all parties will accept this fact. The government has not taken any step to propagate the Gita among the people of the nation. I request the parliamentary affairs minister to make this government take steps to so that teaching the Gita from the primary classes to the university level in this country becomes a possibility. Chairperson madam, please do something so that he students of our country begin studying the Gita. Once this happens, the dream of Gandhiji would be realized and the people would understand the core message of the Gita making a better nation. All should condemn whatever the attorney in Siberia has said about the Gita. I appeal that the entire house must condemn that statement (against the Gita)."
The inimitable Lalu Prasad said: “Insulting the Gita is insulting Krishna. A big conspiracy is being hatched against Lord Krishna. Politicians base their life inspired with the message of the Gita. The Parliament is on and still no word has come from the government on the issue of banning the Gita in Russia. Government is keeping a silence. We wouldn’t tolerate this. We condemn this incident on behalf of the whole House. We will not tolerate this (ban on the Gita). We will take revenge of this insult and punish (the government) too if they don’t take any action. Recently, the Prime Minister had gone on a Russia tour. Did he speak to them about this matter? All that we want to say is that we won’t tolerate the insults to Lord Krishna. Bol Shri Krishna Bhagwan ki jai.”
The entire House cheered him. (I am quoting them as I heard them or got uncorrected copies, hence I will stand corrected if anyone brings any discrepancies to my notice)
Sharad Yadav eloquently said: “The issue affects millions of people. The government must take some immediate action to change the illogical decision (of banning the Gita). This is the wish of the people of this nation.”
Arun Kumar Vundavalli (Congress, Andhra) gave a scholarly speech on the importance and the universal message of the Gita for the good of entire mankind. He quoted many shlokas of the Gita in chaste Sanskrit to the delight of all. Shri Satpal Maharaj (Congress, Uttarakhand) was chairing the proceedings and he also, from his chair, quoted many Gita shlokas to drive home the message of humanity as described in the Gita. Hukum Dev Narayan (BJP) in his impressive presentation demanded that the house must pass a unanimous resolution condemning the Russian decision to ban the Gita.
The stunned and speechless Talibanised seculars saw this unity with awe and would like to see some politics in it. Some even floated the idea that it’s the Yadav unity taking over Hindu solidarity. I beg to differ strongly. It’s the quintessential Hindu spirit, the Indian core values that cannot be submerged under any tsunami. Why should any single organization or ideology be allowed to speak and act singlehandedly on such issues? Let us differ on thousands of issues, on policies, programmes and actions, but there must remain some issue that binds us all as Indians and that factor would be the defining one for our tricolour and the Constitution.
If any classic can be truly termed as the best gift of India to the world, it’s the Gita. Vinoba Bhave wrote a wonderful book on the Gita in Marathi, called Geetai meaning Mother Gita, and it’s as popular in every Maharashtrian household as Tulasi’s Ramcharitmanas is in the Hindi world. It’s ironical that when the controversy was making headlines all over, our Prime minister was in Moscow and he didn’t broach the subject with the highest authorities there. Millions across the globe, all religionists and races, have read the Gita. The greatest minds ever born on this planet were inspired by its contents.
Build a grand Victory Arch- Bharat Vijay Dwar- to commemorate 1971 victory-Tarun Vijay in Rajya Sabha
SPECIAL MENTION in Rajya Sabha by Tarun Vijay-21st December 2011
16th December is a day of great glory and victory for Indian Arm forces when nine month long Bangladesh liberation war was won in 1971 and General A.A. K. Niazi, the Commanding Officer of the Pakistan Armed Forces surrendered his forces to Lt. General Jagjit Singh Aurora the Allied Forces Commander with 90,000 troops. This victory led to the formation of Peoples Republic of Bangladesh. This was also India's finest hour under the Prime Ministership of Mrs. Indira Gandhi and the wonderful military leadership provided by Field Marshal S.H.F.J.Manekshaw, Lt. General Jacob, Lt. General Jagjit Singh Aurora, Vice Admiral Krishnan and scores of other patriotic officers and jawans. The whole nation stood as one people solidly supporting the political and military leadership and the parliament had reverberated with great emotions of solidarity so eloquently represented by Shri Atal Bihari Vajpayee. Ironically, the nation has failed to erect a single memorial to the victorious Indian Forces in the National Capital. The sacrifices and incredible saga of valour, courage, grit and supreme dedication to the motherland remain unsung and gradually - Bharat Vijay Diwas, is relegated to small observances. I demand the Govt. of India should erect a Bharat Vijay Dwar in New Delhi, more impressive in its grandeur and splendour than any existing memorials built by the British, Govt. must also declare 16th December as an official victory day to be observed in all schools, colleges, and govt. offices, with an armed forces parade in the National Capital.
Tarun Vijay
Div. No. 243
16th December is a day of great glory and victory for Indian Arm forces when nine month long Bangladesh liberation war was won in 1971 and General A.A. K. Niazi, the Commanding Officer of the Pakistan Armed Forces surrendered his forces to Lt. General Jagjit Singh Aurora the Allied Forces Commander with 90,000 troops. This victory led to the formation of Peoples Republic of Bangladesh. This was also India's finest hour under the Prime Ministership of Mrs. Indira Gandhi and the wonderful military leadership provided by Field Marshal S.H.F.J.Manekshaw, Lt. General Jacob, Lt. General Jagjit Singh Aurora, Vice Admiral Krishnan and scores of other patriotic officers and jawans. The whole nation stood as one people solidly supporting the political and military leadership and the parliament had reverberated with great emotions of solidarity so eloquently represented by Shri Atal Bihari Vajpayee. Ironically, the nation has failed to erect a single memorial to the victorious Indian Forces in the National Capital. The sacrifices and incredible saga of valour, courage, grit and supreme dedication to the motherland remain unsung and gradually - Bharat Vijay Diwas, is relegated to small observances. I demand the Govt. of India should erect a Bharat Vijay Dwar in New Delhi, more impressive in its grandeur and splendour than any existing memorials built by the British, Govt. must also declare 16th December as an official victory day to be observed in all schools, colleges, and govt. offices, with an armed forces parade in the National Capital.
Tarun Vijay
Div. No. 243
Tuesday, December 20, 2011
अमर गीता पर रूस में प्रतिबंध लगाने की साजिश-Tarun Vijay's statement during zero hour in Rajya Sabha
Subject raised by Shri Tarun Vijay in Rajya Sabha
during zero hour session
20/ 12/ 2011
RE DEMAND TO LIFT BAN IMPOSED ON
SHRIMAD BHAGAVAD GITA BY RUSSIA
श्री तरुण विजय (उत्तराखंड): महोदय, ‘कर्मण्येवाधिकारस्ते मा फलेषु कदाचन’ का संदेश देने वाली अमर गीता पर रूस में प्रतिबंध लगाने की साजिश की जा रही है। क्या आप सूरज पर प्रतिबंध लगा सकते हैं, क्या आप हिमालय को प्रतिबंधित कर सकते हैं और क्या आप पृथ्वी की गति को प्रतिबंधित कर सकते हैं? ऐसे मूर्खर्तापूर्ण कार्य की पूरे सदन द्वारा सवर्सम्मति से निन्दा और भत्सर्ना की जानी चाहिए। यह खुशी की बात है कि गीता पर प्रतिबंध के विरोध ने पूरे हिन्दुस्तान को तथा पूरे हिन्दुस्तान की राजनीतिक पार्टियां और विचारधाराओं से ऊपर उठते हुए सभी राजनीतिक नेताओं को एकजुट कर दिया है। गीता ने भारत को एकजुट कर दिया है। लोक सभा में लालू जी, मुलायम जी, शरद यादव जी, जोशी जी, आदि सब लोगों ने पार्टियों से परे उठते हुए इसका विरोध किया है। ..
श्री उपसभापित: आप उनके नाम मत लीजिए।
श्री तरुण विजय : महोदय, जिस गीता ने ‘धर्म की जय’ का संदेश दिया और सुप्रीम कोर्ट का उदघोष है- ‘यतो धर्म: ततो जय’; उस गीता पर प्रतिबंध का पूरे देश को विरोध करना चाहिए। इस बारे में भारत सरकार को रूस सरकार से बात करनी चाहिए।
श्री तरुण विजय (कर्मागत) : महात्मा गाँधी ने कहा कि, “गीता हमारी माता है”, वे प्रतिदिन गीता का पाठ करते थे। विनोबा भावे ने गीता पर एक विश्वविख्यात टीका लिखी, जिसे उन्होंने गीताई कहा, जो घर-घर में पढ़ी जाती है। अल्बर्ट आइंस्टीन ने कहा, “When I read the Bhagavad-Gita and reflect about how God created this universe, everything else seems so superfluous”. गीता के बारे में पूरे हिन्दुस्तान के लोग मजहब, जाति, प्रांत, भाषा, पंत से ऊपर उठते हुए एक हैं और उन्होंने मांग की है कि जिस गीता ने संदेश दिया, “परित्रानायसाधुनाम विनाशायचदुश्कृताम, धर्म संस्थापनायथाय सम्भवामि युगे-युगे”, ऐसी गीता के बारे में प्रतिबंध की कोई बात सहन नहीं की जानी चाहिए। महोदय, अभी हाल ही में हमारे प्रधानमंत्री रूस के दौरे पर गए थे। उसी समय यह मुद्दा भी उठा था। हम जानना चाहते हैं कि क्या प्रधानमंत्री जी ने रूस के साथ इस महत्वपूर्ण मुद्दे का प्रश्न उठाया है और अगर उठाया है तो उनको क्या उत्तर मिला? महोदय, यह गीता वह ग्रंथ है, जिसको पढ़कर हमारे क्रांतिकारी अंग्रेजों के खिलाफ़ संघर्ष लड़ते हुए फांसी के फंदे पर झूल गए थे।
जेल में, भगत सिंह की कोठरी में गीता का ग्रंथ मिला था। गीता ने देश को प्राण दिए, गीता देश की पहचान है, गीता देश की पिरभाषा है, गीता देश की एक अटूट संगिठत शक्ति है। महोदय, “गीता नहीं सिखाती आपस में बैर रखना, हिन्दी हैं हम वतन हैं हिन्दोस्तां हमारा”। गीता के बारे में सबको एकजुट होना चाहिए।
during zero hour session
20/ 12/ 2011
RE DEMAND TO LIFT BAN IMPOSED ON
SHRIMAD BHAGAVAD GITA BY RUSSIA
श्री तरुण विजय (उत्तराखंड): महोदय, ‘कर्मण्येवाधिकारस्ते मा फलेषु कदाचन’ का संदेश देने वाली अमर गीता पर रूस में प्रतिबंध लगाने की साजिश की जा रही है। क्या आप सूरज पर प्रतिबंध लगा सकते हैं, क्या आप हिमालय को प्रतिबंधित कर सकते हैं और क्या आप पृथ्वी की गति को प्रतिबंधित कर सकते हैं? ऐसे मूर्खर्तापूर्ण कार्य की पूरे सदन द्वारा सवर्सम्मति से निन्दा और भत्सर्ना की जानी चाहिए। यह खुशी की बात है कि गीता पर प्रतिबंध के विरोध ने पूरे हिन्दुस्तान को तथा पूरे हिन्दुस्तान की राजनीतिक पार्टियां और विचारधाराओं से ऊपर उठते हुए सभी राजनीतिक नेताओं को एकजुट कर दिया है। गीता ने भारत को एकजुट कर दिया है। लोक सभा में लालू जी, मुलायम जी, शरद यादव जी, जोशी जी, आदि सब लोगों ने पार्टियों से परे उठते हुए इसका विरोध किया है। ..
श्री उपसभापित: आप उनके नाम मत लीजिए।
श्री तरुण विजय : महोदय, जिस गीता ने ‘धर्म की जय’ का संदेश दिया और सुप्रीम कोर्ट का उदघोष है- ‘यतो धर्म: ततो जय’; उस गीता पर प्रतिबंध का पूरे देश को विरोध करना चाहिए। इस बारे में भारत सरकार को रूस सरकार से बात करनी चाहिए।
श्री तरुण विजय (कर्मागत) : महात्मा गाँधी ने कहा कि, “गीता हमारी माता है”, वे प्रतिदिन गीता का पाठ करते थे। विनोबा भावे ने गीता पर एक विश्वविख्यात टीका लिखी, जिसे उन्होंने गीताई कहा, जो घर-घर में पढ़ी जाती है। अल्बर्ट आइंस्टीन ने कहा, “When I read the Bhagavad-Gita and reflect about how God created this universe, everything else seems so superfluous”. गीता के बारे में पूरे हिन्दुस्तान के लोग मजहब, जाति, प्रांत, भाषा, पंत से ऊपर उठते हुए एक हैं और उन्होंने मांग की है कि जिस गीता ने संदेश दिया, “परित्रानायसाधुनाम विनाशायचदुश्कृताम, धर्म संस्थापनायथाय सम्भवामि युगे-युगे”, ऐसी गीता के बारे में प्रतिबंध की कोई बात सहन नहीं की जानी चाहिए। महोदय, अभी हाल ही में हमारे प्रधानमंत्री रूस के दौरे पर गए थे। उसी समय यह मुद्दा भी उठा था। हम जानना चाहते हैं कि क्या प्रधानमंत्री जी ने रूस के साथ इस महत्वपूर्ण मुद्दे का प्रश्न उठाया है और अगर उठाया है तो उनको क्या उत्तर मिला? महोदय, यह गीता वह ग्रंथ है, जिसको पढ़कर हमारे क्रांतिकारी अंग्रेजों के खिलाफ़ संघर्ष लड़ते हुए फांसी के फंदे पर झूल गए थे।
जेल में, भगत सिंह की कोठरी में गीता का ग्रंथ मिला था। गीता ने देश को प्राण दिए, गीता देश की पहचान है, गीता देश की पिरभाषा है, गीता देश की एक अटूट संगिठत शक्ति है। महोदय, “गीता नहीं सिखाती आपस में बैर रखना, हिन्दी हैं हम वतन हैं हिन्दोस्तां हमारा”। गीता के बारे में सबको एकजुट होना चाहिए।
Can sun be banned? Tarun Vijay in Rajya Sabha on Gita ban in Russia-House supports the cause unanimously-
20 DEC, 2011, 02.52PM IST, IANS
http://economictimes.indiatimes.com/news/politics/nation/rajya-sabha-condemns-russian-move-to-ban-gita/articleshow/11179576.cms
NEW DELHI: The Rajya Sabha Tuesday condemned the move in a Russian court to ban the Bhagavad Gita as an extremist text, and the government assured the members that it was taking up the issue with Russia and appropriate action will be taken soon.
Raising the issue of likely ban on the Bhagavad Gita, Bharatiya Janata Party (BJP) member Tarun Vijay said during the zero hour that seeking ban on the Hindu sacred text was like seeking a ban on the sun.
"Can sun be banned, Himalayas be banned...," he asked.
He said the entire country should protest the move and the government should take up the issue with Russia.
Vijay said eminent men, including Mahatma Gandhi, Vinoba Bhave and Albert Einstein, had drawn inspiration from the Gita.
"If anybody talks of banning the Gita, it is not acceptable. The matter came up during the prime minister's visit to Russia. Did the prime minister raise the issue? What reply was given?" Vijay said.
Several members cutting across party lines conveyed their support on the issue raised by Vijay.
Congress member P.J. Kurein said the move to ban Bhagavad Gita was a "very serious matter".
Rajya Sabha Deputy chairman K. Rahman Khan said "the entire house agrees with this and joins in condemning this".
Minister of State for Parliamentary Affairs Rajiv Shukla said the government agreed with the feelings of the members.
"We are apprising the Russian government...appropriate steps will be taken," he said.
The case in a Siberian court, which has been going on since June, seeks a ban on the "Bhagavad Gita As It Is" written by A.C. Bhaktivedanta Swami Prabhupada, the founder of the International Society for Krishna Consciousness (Iskcon).
http://economictimes.indiatimes.com/news/politics/nation/rajya-sabha-condemns-russian-move-to-ban-gita/articleshow/11179576.cms
NEW DELHI: The Rajya Sabha Tuesday condemned the move in a Russian court to ban the Bhagavad Gita as an extremist text, and the government assured the members that it was taking up the issue with Russia and appropriate action will be taken soon.
Raising the issue of likely ban on the Bhagavad Gita, Bharatiya Janata Party (BJP) member Tarun Vijay said during the zero hour that seeking ban on the Hindu sacred text was like seeking a ban on the sun.
"Can sun be banned, Himalayas be banned...," he asked.
He said the entire country should protest the move and the government should take up the issue with Russia.
Vijay said eminent men, including Mahatma Gandhi, Vinoba Bhave and Albert Einstein, had drawn inspiration from the Gita.
"If anybody talks of banning the Gita, it is not acceptable. The matter came up during the prime minister's visit to Russia. Did the prime minister raise the issue? What reply was given?" Vijay said.
Several members cutting across party lines conveyed their support on the issue raised by Vijay.
Congress member P.J. Kurein said the move to ban Bhagavad Gita was a "very serious matter".
Rajya Sabha Deputy chairman K. Rahman Khan said "the entire house agrees with this and joins in condemning this".
Minister of State for Parliamentary Affairs Rajiv Shukla said the government agreed with the feelings of the members.
"We are apprising the Russian government...appropriate steps will be taken," he said.
The case in a Siberian court, which has been going on since June, seeks a ban on the "Bhagavad Gita As It Is" written by A.C. Bhaktivedanta Swami Prabhupada, the founder of the International Society for Krishna Consciousness (Iskcon).
Monday, December 19, 2011
Shri Tarun Vijay attended the annual function of 100 year old DAV College
Dehradun on 17th December 2011
A photo gallery of the programme:-
A photo gallery of the programme:-
Thursday, December 15, 2011
Wednesday, December 14, 2011
Issue of Hindu plight in Pakistan raised in Parliament. Talk to Pakistan, grant work permits to Pakistani Hindus
In Parliament--Tarun Vijay raised issue of Hindu killings in Pakistan . Government must talk to Pakistan about safety of Hindus.
Difficult to cremate their dead and educate kids , Hindus leave Pakistan in large number.
New Delhi, 14th December - Raising the issue of Hindus being tortured and killed in Pakistan in the wake of another killing of a Hindu trader near Multan, yesterday, Shri Tarun Vijay, Member of Parliament, Rajya Sabha and National Spokesperson of BJP demanded in Rajya Sabha today that Government of India must talk to Pakistan Govt. immediately showing concern on the killings of Hindus and provide adequate security to Hindus.
He also asked the Govt. to give immediately work permits to the Pakistani Hindus who have taken refuge in Delhi and other cities to protect their lives and honour.
In a Special Mention in Rajya Sabha today Shri Tarun Vijay said that 4 Hindu Doctors were slaughtered on Eid Day this year in Shikarpur City of Pakistan. After that 28 Hindu families comprising of 151 men, women and children somehow escaped from Pakistan and have taken refuge in Delhi. Before that Member of Sindh Assembly Shri Ram Singh Sodha had left Pakistan with his family. Shri Tarun Vijay said that Hindus who have come from Pakistan informed him that they are often not allowed to cremate their dead and the local Muslims put hurdles at the time of last rites complaining that 'burning a dead body spreads stink that is unbearable to them'. The Leader of the Hindu group Shri Arjun Das said that most of their temples can not have stone images and they have to perform puja inside the temple with paper calendars of Hindu Gods and Goddess hung on a wall. He also said that no Hindu organisation is allowed to open minority schools for Hindus to facilitate education as per their values but instead Hindu children are forced to learn and study Islamiyat.
The Hindus from Pakistan told Shri Tarun Vijay that their children are often made targets of mocking at their religion and gods in the schools. Shri Tarun Vijay demanded that Pakistan Govt. should be immediately conveyed about India's concern on the serious human rights violations of Hindus and other minorities including Christians.
Friday, December 9, 2011
Govt under Opp fire for ‘curbing DD autonomy’
FRIDAY, 09 DECEMBER 2011
The BJP and Left parties on Thursday attacked the Government for curbing the autonomy of Doordarshan and making it an ideological tool of the Government by granting more power in appointment of Chief Executive Officer of the Prasar Bharati.
Participating in the debate on the Prasar Bharati (Broadcasting Corporation of India) Amendment Bill, BJP leader Tarun Vijay demanded that appointment of CEO should be on lines of Election Commissioner to ensure autonomy of the public broadcaster. He also accused the Prasar Bharati of having wide spread corruption, ideological untouchability and ignoring the development stories and instead focusing on “irrelevant” programmes. He said that IAS lobby was dictating the programme content instead of the talented artists working with Doordarshan.
A CPI(M) member criticised the withdrawal of recognition of unions and demanded that it should be immediately restored.
Participating in the debate on the Prasar Bharati (Broadcasting Corporation of India) Amendment Bill, BJP leader Tarun Vijay demanded that appointment of CEO should be on lines of Election Commissioner to ensure autonomy of the public broadcaster. He also accused the Prasar Bharati of having wide spread corruption, ideological untouchability and ignoring the development stories and instead focusing on “irrelevant” programmes. He said that IAS lobby was dictating the programme content instead of the talented artists working with Doordarshan.
A CPI(M) member criticised the withdrawal of recognition of unions and demanded that it should be immediately restored.
Thursday, December 8, 2011
The power of words- pl dont miss it. It may bring a change in you.
http://shortfilmsin.com/video/996/The-Power-of-Words
Can India Overtake China? How FDI is not exactly helping China in the long run and how an FDI resistant India has helped its companies grow
Author: Yasheng Huang and Tarun Khanna
Publication: Foreign Policy
Date: July-August 2003
URL: http://www.foreignpolicy.com/story/story.php?storyID=13774
Publication: Foreign Policy
Date: July-August 2003
URL: http://www.foreignpolicy.com/story/story.php?storyID=13774
What's the fastest route to economic development? Welcome foreign direct investment (FDI), says China, and most policy experts agree. But a comparison with long-time laggard India suggests that FDI is not the only path to prosperity. Indeed, India's homegrown entrepreneurs may give it a long-term advantage over a China hamstrung by inefficient banks and capital markets.
Walk into any Wal-Mart and you won't be surprised to see the shelves sagging with Chinese-made goods-everything from shoes and garments to toys and electronics. But the ubiquitous "Made in China" label obscures an important point: Few of these products are made by indigenous Chinese companies. In fact, you would be hard-pressed to find a single homegrown Chinese firm that operates on a global scale and markets its own products abroad.
That is because China's export-led manufacturing boom is largely a creation of foreign direct investment (FDI), which effectively serves as a substitute for domestic entrepreneurship. During the last 20 years, the Chinese economy has taken off, but few local firms have followed, leaving the country's private sector with no world-class companies to rival the big multinationals.
India has not attracted anywhere near the amount of FDI that China has. In part, this disparity reflects the confidence international investors have in China's prospects and their skepticism about India's commitment to free-market reforms. But the FDI gap is also a tale of two diasporas. China has a large and wealthy diaspora that has long been eager to help the motherland, and its money has been warmly received. By contrast, the Indian diaspora was, at least until recently, resented for its success and much less willing to invest back home. New Delhi took a dim view of Indians who had gone abroad, and of foreign investment generally, and instead provided a more nurturing environment for domestic entrepreneurs.
In the process, India has managed to spawn a number of companies that now compete internationally with the best that Europe and the United States have to offer. Moreover, many of these firms are in the most cutting-edge, knowledge-based industries-software giants Infosys and Wipro and pharmaceutical and biotechnology powerhouses Ranbaxy and Dr. Reddy's Labs, to name just a few. Last year, the Forbes 200, an annual ranking of the world's best small companies, included 13 Indian firms but just four from mainland China.
India has also developed much stronger infrastructure to support private enterprise. Its capital markets operate with greater efficiency and transparency than do China's. Its legal system, while not without substantial flaws, is considerably more advanced.
China and India are the world's next major powers. They also offer competing models of development. It has long been an article of faith that China is on the faster track, and the economic data bear this out. The "Hindu rate of growth"-a pejorative phrase referring to India's inability to match its economic growth with its population growth-may be a thing of the past, but when it comes to gross domestic product (GDP) figures and other headline numbers, India is still no match for China.
However, the statistics tell only part of the story-the macroeconomic story. At the micro level, things look quite different. There, India displays every bit as much dynamism as China. Indeed, by relying primarily on organic growth, India is making fuller use of its resources and has chosen a path that may well deliver more sustainable progress than China's FDI-driven approach. "Can India surpass China?" is no longer a silly question, and, if it turns out that India has indeed made the wiser bet, the implications-for China's future growth and for how policy experts think about economic development generally-could be enormous.
THE STIFLING STATE
The fact that India is increasingly building from the ground up while China is still pursuing a top-down approach reflects their contrasting political systems: India is a democracy, and China is not. But the different strategies are also a function of history. China's Communist Party came to power in 1949 intent on eradicating private ownership, which it quickly did. Although the country is now in its third decade of free-market reforms, it continues to struggle with the legacy of that period-witness the controversy surrounding the recent decision to officially allow capitalists to join the Communist Party.
India, on the other hand, developed a softer brand of socialism, Fabian socialism, which aimed not to destroy capitalism but merely to mitigate the social ills it caused. It was considered essential that the public sector occupy the economy's "commanding heights," to use a phrase coined by Russian revolutionary Vladimir Lenin but popularized by India's first prime minister, Jawaharlal Nehru. However, that did not prevent entrepreneurship from flourishing where the long arm of the state could not reach.
COMPETING GIANTS
Population (2002): China 1.28 billion; India 1.05 billion
Population Growth Rate percent (2002): China 0.87; India 1.51
Infant Mortality per 1,000 live births (2002): China 27; India 61
Average Annual Real GDP Growth Rate percent (1990-2000): China 9.6 : India 5.5
Foreign Direct Investment (2001): China $44.2 billion; India $3.4 billion
Population in Poverty (2002): China 10 percent; India 25 percent
Labor Force (1999): China 706 million; India 406 million
Fixed Lines and Mobile Phones per 1,000 people (2001): China 247.7; India 43.8
Size of Diaspora: China 55 million; India 20 million
Sources: CIA World Factbook 2002; The Economist Pocket World in Figures; World Development Indicators CD-ROM; Financial Times
Developments at the microeconomic level in China reflect these historical and ideological differences. China has been far bolder with external reforms but has imposed substantial legal and regulatory constraints on indigenous, private firms. In fact, only four years ago, domestic companies were finally granted the same constitutional protections that foreign businesses have enjoyed since the early 1980s. As of the late 1990s, according to the International Finance Corporation, more than two dozen industries, including some of the most important and lucrative sectors of the economy-banking, telecommunications, highways, and railroads-were still off-limits to private local companies.
These restrictions were designed not to keep Chinese entrepreneurs from competing with foreigners but to prevent private domestic businesses from challenging China's state-owned enterprises (SOEs). Some progress has been made in reforming the bloated, inefficient SOEs during the last 20 years, but Beijing is still not willing to relinquish its control over the largest ones, such as China Telecom.
Instead, the government has ferociously protected them from competition. In the 1990s, numerous Chinese entrepreneurs tried, and failed, to circumvent the restrictions placed on their activities. Some registered their firms as nominal SOEs (all the capital came from private sources, and the companies were privately managed), only to find themselves ensnared in title disputes when financially strapped government agencies sought to seize their assets. More than a few promising businesses have been destroyed this way.
This bias against homegrown firms is widely acknowledged. A report issued in 2000 by the Chinese Academy of Social Sciences concluded that, "Because of long-standing prejudices and mistaken beliefs, private and individual enterprises have a lower political status and are discriminated against in numerous policies and regulations. The legal, policy, and market environment is unfair and inconsistent."
Foreign investors have been among the biggest beneficiaries of the constraints placed on local private businesses. One indication of the large payoff they have reaped on the back of China's phenomenal growth: In 1992, the income accruing to foreign investors with equity stakes in Chinese firms was only $5.3 billion; today it totals more than $22 billion. (This money does not necessarily leave the country; it is often reinvested in China.)
THE MOGUL IS HERO
For democratic, postcolonial India, allowing foreign investors huge profits at the expense of indigenous firms is simply unfeasible. Recall, for instance, the controversy that erupted a decade ago when the Enron Corporation made a deal with the state of Maharashtra to build a $2.9 billion power plant there. The project proceeded, but only after several years of acrimonious debate over foreign investment and its role in India's development.
While China has created obstacles for its entrepreneurs, India has been making life easier for local businesses. During the last decade, New Delhi has backed away from micromanaging the economy. True, privatization is proceeding at a glacial pace, but the government has ceded its monopoly over long-distance phone service; some tariffs have been cut; bureaucracy has been trimmed a bit; and a number of industries have been opened to private investment, including investment from abroad.
As a consequence, entrepreneurship and free enterprise are flourishing. A measure of the progress: In a recent survey of leading Asian companies by the Far Eastern Economic Review (FEER), India registered a higher average score than any other country in the region, including China (the survey polled over 2,500 executives and professionals in a dozen countries; respondents were asked to rate companies on a scale of one to seven for overall leadership performance). Indeed, only two Chinese firms had scores high enough to qualify for India's top 10 list. Tellingly, all of the Indian firms were wholly private initiatives, while most of the Chinese companies had significant state involvement.
Some of the leading Indian firms are true start-ups, notably Infosys, which topped FEER's survey. Others are offshoots of old-line companies. Sundaram Motors, for instance, a leading manufacturer of automotive components and a principal supplier to General Motors, is part of the T.V. Sundaram group, a century-old south Indian business group.
Not only is entrepreneurship thriving in India; entrepreneurs there have become folk heroes. Nehru would surely be appalled at the adulation the Indian public now showers on captains of industry. For instance, Narayana Murthy, the 56-year-old founder of Infosys, is often compared to Microsoft's Bill Gates and has become a revered figure.
These success stories never would have happened if India lacked the infrastructure needed to support Murthy and other would-be moguls. But democracy, a tradition of entrepreneurship, and a decent legal system have given India the underpinnings necessary for free enterprise to flourish. Although India's courts are notoriously inefficient, they at least comprise a functioning independent judiciary. Property rights are not fully secure, but the protection of private ownership is certainly far stronger than in China. The rule of law, a legacy of British rule, generally prevails.
These traditions and institutions have proved an excellent springboard for the emergence and evolution of India's capital markets. Distortions are still commonplace, but the stock and bond markets generally allow firms with solid prospects and reputations to obtain the capital they need to grow. In a World Bank study published last year, only 52 percent of the Indian firms surveyed reported problems obtaining capital, versus 80 percent of the Chinese companies polled. As a result, the Indian firms relied much less on internally generated finances: Only 27 percent of their funding came through operating profits, versus 57 percent for the Chinese firms.
Corporate governance has improved dramatically, thanks in no small part to Murthy, who has made Infosys a paragon of honest accounting and an example for other firms. In a survey of 25 emerging market economies conducted in 2000 by Credit Lyonnais Securities Asia, India ranked sixth in corporate governance, China 19th. The advent of an investor class, coupled with the fact that capital providers, such as development banks, are themselves increasingly subject to market forces, has only bolstered the efficiency and credibility of India's markets. Apart from providing the regulatory framework, the Indian government has taken a back seat to the private sector.
In China, by contrast, bureaucrats remain the gatekeepers, tightly controlling capital allocation and severely restricting the ability of private companies to obtain stock market listings and access the money they need to grow. Indeed, Beijing has used the financial markets mainly as a way of keeping the soes afloat. These policies have produced enormous distortions while preventing China's markets from gaining depth and maturity. (It is widely claimed that China's stock markets have a total capitalization in excess of $400 billion, but factoring out non-tradeable shares owned by the government or by government-owned companies reduces the valuation to just around $150 billion.) Compounding the problem are poor corporate governance and the absence of an independent judiciary.
DOLLARS AND DIASPORAS
If India has so clearly surpassed China at the grass-roots level, why isn't India's superiority reflected in the numbers? Why is the gap in GDP and other benchmarks still so wide? It is worth recalling that India's economic reforms only began in earnest in 1991, more than a decade after China began liberalizing. In addition to the late start, India has had to make do with a national savings rate half that of China's and 90 percent less FDI. Moreover, India is a sprawling, messy democracy riven by ethnic and religious tensions, and it has also had a longstanding, volatile dispute with Pakistan over Kashmir. China, on the other hand, has enjoyed two decades of relative tranquility; apart from Tiananmen Square, it has been able to focus almost exclusively on economic development.
That India's annual growth rate is only around 20 percent lower than China's is, then, a remarkable achievement. And, of course, whether the data for China are accurate is an open question. The speed with which India is catching up is due to its own efficient deployment of capital and China's inefficiency, symbolized by all the money that has been frittered away on SOEs. And China's misallocation of resources is likely to become a big drag on the economy in the years ahead.
In the early 1990s, when China was registering double-digit growth rates, Beijing invested massively in the state sector. Most of the investments were not commercially viable, leaving the banking sector with a huge number of nonperforming loans-possibly totaling as much as 50 percent of bank assets. At some point, the capitalization costs of these loans will have to be absorbed, either through write-downs (which means depositors bear the cost) or recapitalization of the banks by the government, which diverts money from other, more productive uses. This could well limit China's future growth trajectory.
India's banks may not be models of financial probity, but they have not made mistakes on nearly the same scale. According to a recent study by the management consulting firm Ernst & Young, about 15 percent of banking assets in India were nonperforming as of 2001. India's economy is thus anchored on more solid footing.
The real issue, of course, isn't where China and India are today but where they will be tomorrow. The answer will be determined in large measure by how well both countries utilize their resources, and on this score, India is doing a superior job. Is it pursuing a better road to development than China? We won't know the answer for many years. However, some evidence indicates that India's ground-up approach may indeed be wiser-and the evidence, ironically, comes from within China itself.
Consider the contrasting strategies of Jiangsu and Zhejiang, two coastal provinces that were at similar levels of economic development when China's reforms began. Jiangsu has relied largely on FDI to fuel its growth. Zhejiang, by contrast, has placed heavier emphasis on indigenous entrepreneurs and organic development. During the last two decades, Zhejiang's economy has grown at an annual rate of about 1 percent faster than Jiangsu's. Twenty years ago, Zhejiang was the poorer of the two provinces; now it is unquestionably more prosperous. India may soon have the best of both worlds: It looks poised to reap significantly more FDI in the coming years than it has attracted to date. After decades of keeping the Indian diaspora at arm's length, New Delhi is now embracing it. In some circles, it used to be jokingly said that nri, an acronym applied to members of the diaspora, stood for "not required Indians." Now, the term is back to meaning just "nonresident Indian." The change in attitude was officially signaled earlier this year when the government held a conference on the diaspora that a number of prominent nris attended.
China's success in attracting FDI is partly a historical accident-it has a wealthy diaspora. During the 1990s, more than half of China's FDI came from overseas Chinese sources. The money appears to have had at least one unintended consequence: The billions of dollars that came from Hong Kong, Macao, and Taiwan may have inadvertently helped Beijing postpone politically difficult internal reforms. For instance, because foreign investors were acquiring assets from loss-making soes, the government was able to drag its feet on privatization.
Until now, the Indian diaspora has accounted for less than 10 percent of the foreign money flowing to India. With the welcome mat now laid out, direct investment from nonresident Indians is likely to increase. And while the Indian diaspora may not be able to match the Chinese diaspora as "hard" capital goes, Indians abroad have substantially more intellectual capital to contribute, which could prove even more valuable.
The Indian diaspora has famously distinguished itself in knowledge-based industries, nowhere more so than in Silicon Valley. Now, India's brightening prospects, as well as the changing attitude vis-à-vis those who have gone abroad, are luring many nonresident Indian engineers and scientists home and are enticing many expatriate business people to open their wallets. With the help of its diaspora, China has won the race to be the world's factory. With the help of its diaspora, India could become the world's technology lab.
China and India have pursued radically different development strategies. India is not outperforming China overall, but it is doing better in certain key areas. That success may enable it to catch up with and perhaps even overtake China. Should that prove to be the case, it will not only demonstrate the importance of homegrown entrepreneurship to long-term economic development; it will also show the limits of the FDI-dependent approach China is pursuing.
Yasheng Huang is an associate professor at the Sloan School of Management at the Massachusetts Institute of Technology. Tarun Khanna is a professor at Harvard Business School.
Walk into any Wal-Mart and you won't be surprised to see the shelves sagging with Chinese-made goods-everything from shoes and garments to toys and electronics. But the ubiquitous "Made in China" label obscures an important point: Few of these products are made by indigenous Chinese companies. In fact, you would be hard-pressed to find a single homegrown Chinese firm that operates on a global scale and markets its own products abroad.
That is because China's export-led manufacturing boom is largely a creation of foreign direct investment (FDI), which effectively serves as a substitute for domestic entrepreneurship. During the last 20 years, the Chinese economy has taken off, but few local firms have followed, leaving the country's private sector with no world-class companies to rival the big multinationals.
India has not attracted anywhere near the amount of FDI that China has. In part, this disparity reflects the confidence international investors have in China's prospects and their skepticism about India's commitment to free-market reforms. But the FDI gap is also a tale of two diasporas. China has a large and wealthy diaspora that has long been eager to help the motherland, and its money has been warmly received. By contrast, the Indian diaspora was, at least until recently, resented for its success and much less willing to invest back home. New Delhi took a dim view of Indians who had gone abroad, and of foreign investment generally, and instead provided a more nurturing environment for domestic entrepreneurs.
In the process, India has managed to spawn a number of companies that now compete internationally with the best that Europe and the United States have to offer. Moreover, many of these firms are in the most cutting-edge, knowledge-based industries-software giants Infosys and Wipro and pharmaceutical and biotechnology powerhouses Ranbaxy and Dr. Reddy's Labs, to name just a few. Last year, the Forbes 200, an annual ranking of the world's best small companies, included 13 Indian firms but just four from mainland China.
India has also developed much stronger infrastructure to support private enterprise. Its capital markets operate with greater efficiency and transparency than do China's. Its legal system, while not without substantial flaws, is considerably more advanced.
China and India are the world's next major powers. They also offer competing models of development. It has long been an article of faith that China is on the faster track, and the economic data bear this out. The "Hindu rate of growth"-a pejorative phrase referring to India's inability to match its economic growth with its population growth-may be a thing of the past, but when it comes to gross domestic product (GDP) figures and other headline numbers, India is still no match for China.
However, the statistics tell only part of the story-the macroeconomic story. At the micro level, things look quite different. There, India displays every bit as much dynamism as China. Indeed, by relying primarily on organic growth, India is making fuller use of its resources and has chosen a path that may well deliver more sustainable progress than China's FDI-driven approach. "Can India surpass China?" is no longer a silly question, and, if it turns out that India has indeed made the wiser bet, the implications-for China's future growth and for how policy experts think about economic development generally-could be enormous.
THE STIFLING STATE
The fact that India is increasingly building from the ground up while China is still pursuing a top-down approach reflects their contrasting political systems: India is a democracy, and China is not. But the different strategies are also a function of history. China's Communist Party came to power in 1949 intent on eradicating private ownership, which it quickly did. Although the country is now in its third decade of free-market reforms, it continues to struggle with the legacy of that period-witness the controversy surrounding the recent decision to officially allow capitalists to join the Communist Party.
India, on the other hand, developed a softer brand of socialism, Fabian socialism, which aimed not to destroy capitalism but merely to mitigate the social ills it caused. It was considered essential that the public sector occupy the economy's "commanding heights," to use a phrase coined by Russian revolutionary Vladimir Lenin but popularized by India's first prime minister, Jawaharlal Nehru. However, that did not prevent entrepreneurship from flourishing where the long arm of the state could not reach.
COMPETING GIANTS
Population (2002): China 1.28 billion; India 1.05 billion
Population Growth Rate percent (2002): China 0.87; India 1.51
Infant Mortality per 1,000 live births (2002): China 27; India 61
Average Annual Real GDP Growth Rate percent (1990-2000): China 9.6 : India 5.5
Foreign Direct Investment (2001): China $44.2 billion; India $3.4 billion
Population in Poverty (2002): China 10 percent; India 25 percent
Labor Force (1999): China 706 million; India 406 million
Fixed Lines and Mobile Phones per 1,000 people (2001): China 247.7; India 43.8
Size of Diaspora: China 55 million; India 20 million
Sources: CIA World Factbook 2002; The Economist Pocket World in Figures; World Development Indicators CD-ROM; Financial Times
Developments at the microeconomic level in China reflect these historical and ideological differences. China has been far bolder with external reforms but has imposed substantial legal and regulatory constraints on indigenous, private firms. In fact, only four years ago, domestic companies were finally granted the same constitutional protections that foreign businesses have enjoyed since the early 1980s. As of the late 1990s, according to the International Finance Corporation, more than two dozen industries, including some of the most important and lucrative sectors of the economy-banking, telecommunications, highways, and railroads-were still off-limits to private local companies.
These restrictions were designed not to keep Chinese entrepreneurs from competing with foreigners but to prevent private domestic businesses from challenging China's state-owned enterprises (SOEs). Some progress has been made in reforming the bloated, inefficient SOEs during the last 20 years, but Beijing is still not willing to relinquish its control over the largest ones, such as China Telecom.
Instead, the government has ferociously protected them from competition. In the 1990s, numerous Chinese entrepreneurs tried, and failed, to circumvent the restrictions placed on their activities. Some registered their firms as nominal SOEs (all the capital came from private sources, and the companies were privately managed), only to find themselves ensnared in title disputes when financially strapped government agencies sought to seize their assets. More than a few promising businesses have been destroyed this way.
This bias against homegrown firms is widely acknowledged. A report issued in 2000 by the Chinese Academy of Social Sciences concluded that, "Because of long-standing prejudices and mistaken beliefs, private and individual enterprises have a lower political status and are discriminated against in numerous policies and regulations. The legal, policy, and market environment is unfair and inconsistent."
Foreign investors have been among the biggest beneficiaries of the constraints placed on local private businesses. One indication of the large payoff they have reaped on the back of China's phenomenal growth: In 1992, the income accruing to foreign investors with equity stakes in Chinese firms was only $5.3 billion; today it totals more than $22 billion. (This money does not necessarily leave the country; it is often reinvested in China.)
THE MOGUL IS HERO
For democratic, postcolonial India, allowing foreign investors huge profits at the expense of indigenous firms is simply unfeasible. Recall, for instance, the controversy that erupted a decade ago when the Enron Corporation made a deal with the state of Maharashtra to build a $2.9 billion power plant there. The project proceeded, but only after several years of acrimonious debate over foreign investment and its role in India's development.
While China has created obstacles for its entrepreneurs, India has been making life easier for local businesses. During the last decade, New Delhi has backed away from micromanaging the economy. True, privatization is proceeding at a glacial pace, but the government has ceded its monopoly over long-distance phone service; some tariffs have been cut; bureaucracy has been trimmed a bit; and a number of industries have been opened to private investment, including investment from abroad.
As a consequence, entrepreneurship and free enterprise are flourishing. A measure of the progress: In a recent survey of leading Asian companies by the Far Eastern Economic Review (FEER), India registered a higher average score than any other country in the region, including China (the survey polled over 2,500 executives and professionals in a dozen countries; respondents were asked to rate companies on a scale of one to seven for overall leadership performance). Indeed, only two Chinese firms had scores high enough to qualify for India's top 10 list. Tellingly, all of the Indian firms were wholly private initiatives, while most of the Chinese companies had significant state involvement.
Some of the leading Indian firms are true start-ups, notably Infosys, which topped FEER's survey. Others are offshoots of old-line companies. Sundaram Motors, for instance, a leading manufacturer of automotive components and a principal supplier to General Motors, is part of the T.V. Sundaram group, a century-old south Indian business group.
Not only is entrepreneurship thriving in India; entrepreneurs there have become folk heroes. Nehru would surely be appalled at the adulation the Indian public now showers on captains of industry. For instance, Narayana Murthy, the 56-year-old founder of Infosys, is often compared to Microsoft's Bill Gates and has become a revered figure.
These success stories never would have happened if India lacked the infrastructure needed to support Murthy and other would-be moguls. But democracy, a tradition of entrepreneurship, and a decent legal system have given India the underpinnings necessary for free enterprise to flourish. Although India's courts are notoriously inefficient, they at least comprise a functioning independent judiciary. Property rights are not fully secure, but the protection of private ownership is certainly far stronger than in China. The rule of law, a legacy of British rule, generally prevails.
These traditions and institutions have proved an excellent springboard for the emergence and evolution of India's capital markets. Distortions are still commonplace, but the stock and bond markets generally allow firms with solid prospects and reputations to obtain the capital they need to grow. In a World Bank study published last year, only 52 percent of the Indian firms surveyed reported problems obtaining capital, versus 80 percent of the Chinese companies polled. As a result, the Indian firms relied much less on internally generated finances: Only 27 percent of their funding came through operating profits, versus 57 percent for the Chinese firms.
Corporate governance has improved dramatically, thanks in no small part to Murthy, who has made Infosys a paragon of honest accounting and an example for other firms. In a survey of 25 emerging market economies conducted in 2000 by Credit Lyonnais Securities Asia, India ranked sixth in corporate governance, China 19th. The advent of an investor class, coupled with the fact that capital providers, such as development banks, are themselves increasingly subject to market forces, has only bolstered the efficiency and credibility of India's markets. Apart from providing the regulatory framework, the Indian government has taken a back seat to the private sector.
In China, by contrast, bureaucrats remain the gatekeepers, tightly controlling capital allocation and severely restricting the ability of private companies to obtain stock market listings and access the money they need to grow. Indeed, Beijing has used the financial markets mainly as a way of keeping the soes afloat. These policies have produced enormous distortions while preventing China's markets from gaining depth and maturity. (It is widely claimed that China's stock markets have a total capitalization in excess of $400 billion, but factoring out non-tradeable shares owned by the government or by government-owned companies reduces the valuation to just around $150 billion.) Compounding the problem are poor corporate governance and the absence of an independent judiciary.
DOLLARS AND DIASPORAS
If India has so clearly surpassed China at the grass-roots level, why isn't India's superiority reflected in the numbers? Why is the gap in GDP and other benchmarks still so wide? It is worth recalling that India's economic reforms only began in earnest in 1991, more than a decade after China began liberalizing. In addition to the late start, India has had to make do with a national savings rate half that of China's and 90 percent less FDI. Moreover, India is a sprawling, messy democracy riven by ethnic and religious tensions, and it has also had a longstanding, volatile dispute with Pakistan over Kashmir. China, on the other hand, has enjoyed two decades of relative tranquility; apart from Tiananmen Square, it has been able to focus almost exclusively on economic development.
That India's annual growth rate is only around 20 percent lower than China's is, then, a remarkable achievement. And, of course, whether the data for China are accurate is an open question. The speed with which India is catching up is due to its own efficient deployment of capital and China's inefficiency, symbolized by all the money that has been frittered away on SOEs. And China's misallocation of resources is likely to become a big drag on the economy in the years ahead.
In the early 1990s, when China was registering double-digit growth rates, Beijing invested massively in the state sector. Most of the investments were not commercially viable, leaving the banking sector with a huge number of nonperforming loans-possibly totaling as much as 50 percent of bank assets. At some point, the capitalization costs of these loans will have to be absorbed, either through write-downs (which means depositors bear the cost) or recapitalization of the banks by the government, which diverts money from other, more productive uses. This could well limit China's future growth trajectory.
India's banks may not be models of financial probity, but they have not made mistakes on nearly the same scale. According to a recent study by the management consulting firm Ernst & Young, about 15 percent of banking assets in India were nonperforming as of 2001. India's economy is thus anchored on more solid footing.
The real issue, of course, isn't where China and India are today but where they will be tomorrow. The answer will be determined in large measure by how well both countries utilize their resources, and on this score, India is doing a superior job. Is it pursuing a better road to development than China? We won't know the answer for many years. However, some evidence indicates that India's ground-up approach may indeed be wiser-and the evidence, ironically, comes from within China itself.
Consider the contrasting strategies of Jiangsu and Zhejiang, two coastal provinces that were at similar levels of economic development when China's reforms began. Jiangsu has relied largely on FDI to fuel its growth. Zhejiang, by contrast, has placed heavier emphasis on indigenous entrepreneurs and organic development. During the last two decades, Zhejiang's economy has grown at an annual rate of about 1 percent faster than Jiangsu's. Twenty years ago, Zhejiang was the poorer of the two provinces; now it is unquestionably more prosperous. India may soon have the best of both worlds: It looks poised to reap significantly more FDI in the coming years than it has attracted to date. After decades of keeping the Indian diaspora at arm's length, New Delhi is now embracing it. In some circles, it used to be jokingly said that nri, an acronym applied to members of the diaspora, stood for "not required Indians." Now, the term is back to meaning just "nonresident Indian." The change in attitude was officially signaled earlier this year when the government held a conference on the diaspora that a number of prominent nris attended.
China's success in attracting FDI is partly a historical accident-it has a wealthy diaspora. During the 1990s, more than half of China's FDI came from overseas Chinese sources. The money appears to have had at least one unintended consequence: The billions of dollars that came from Hong Kong, Macao, and Taiwan may have inadvertently helped Beijing postpone politically difficult internal reforms. For instance, because foreign investors were acquiring assets from loss-making soes, the government was able to drag its feet on privatization.
Until now, the Indian diaspora has accounted for less than 10 percent of the foreign money flowing to India. With the welcome mat now laid out, direct investment from nonresident Indians is likely to increase. And while the Indian diaspora may not be able to match the Chinese diaspora as "hard" capital goes, Indians abroad have substantially more intellectual capital to contribute, which could prove even more valuable.
The Indian diaspora has famously distinguished itself in knowledge-based industries, nowhere more so than in Silicon Valley. Now, India's brightening prospects, as well as the changing attitude vis-à-vis those who have gone abroad, are luring many nonresident Indian engineers and scientists home and are enticing many expatriate business people to open their wallets. With the help of its diaspora, China has won the race to be the world's factory. With the help of its diaspora, India could become the world's technology lab.
China and India have pursued radically different development strategies. India is not outperforming China overall, but it is doing better in certain key areas. That success may enable it to catch up with and perhaps even overtake China. Should that prove to be the case, it will not only demonstrate the importance of homegrown entrepreneurship to long-term economic development; it will also show the limits of the FDI-dependent approach China is pursuing.
Yasheng Huang is an associate professor at the Sloan School of Management at the Massachusetts Institute of Technology. Tarun Khanna is a professor at Harvard Business School.
Tuesday, December 6, 2011
Dev Anand, The Star who became the Sun
rediffNEWS.com
December 05, 2011
Dev Anand kept the flame of hope alive.
Tarun Vijay salutes the Hero for All Times and a great Indian who united people across faith and boundaries.
Please post Your Tributes to Devsaab here.
December 05, 2011
Dev Anand kept the flame of hope alive.
Tarun Vijay salutes the Hero for All Times and a great Indian who united people across faith and boundaries.
Please post Your Tributes to Devsaab here.
In a world where money reigns through facades, Dev Anand was the original warmth that won hearts. He was a favourite of people across borders, those who belonged to the Indus, on this side of the Line of Control and on the other side. He dazzled both with entertainment enveloped in love.
His biggest contribution was to keep the flame of hope alive. You stay young till your dreams are young.
He was my all time favourite, like he was to millions across the globe, crossing all boundaries of faith and differences. He had a great number of fans -- from Mumbai to Karachi, from Lahore to Kathmandu.
I would watch his movies -- any movie -- with a blind faith and often bunked classes to meet the challenge of 'watching the first day first show.'
Whether the story was good or bad, whether the supporting actors and actresses lived their role well or not, it hardly mattered. Devsaab's movie had to be watched, at any cost. He was our hero for all times.
We never celebrated his birthday. He was omnipresent. He was always celebrated. There was no special day marked for it. Every day, whenever we could, we could discuss him, his movies, his songs, his music, the immortalGuide, the inimitable S D Burman's magical contribution and his endless new ideas.
He embodied an era and mesmerised his fans. Always searching for new talents, new faces, new stories and a new generation of fans. His style became iconic. Millions would like to speak, dress and walk like him.
He boarded the bus for peace to Lahore, Pakistan (in February 1999). Atal Bihari Vajpayee was his great admirer. Atalji wanted Devsaab to accompany him to Lahore, to which he readily agreed. He was a Lahorian in a sense that he studied there and did his post graduation in English literature from the famous Government College.
Rajesh Shah, my friend and steel magnate who accompanied him, told me Devsaab kept everyone on the bus engaged with his endless anecdotes about Lahore and Pakistan.
At Wagah, while Prime Minister Nawaz Sharief met Atalji with an affectionate hug, a special request was reserved for Devsaab. Nawaz Sharief requested a picture with Devsaab, and posed to look 'alright' with Dev Anand.
Later, in Lahore, when Atalji was accorded a welcome, it was there that Devsaab murmured in my ear, 'Who is that man in military uniform? He didn't salute Atalji.' We were busy watching the historic event and missed what caught his eye.
Later it was revealed that Pervez Musharraf had refused to salute Prime Minister Vajpayee. Something that was avenged by our Air Chief Marshal A Y Tipnis when Musharraf came to India as president and the chief of the joint services refused to salute him.
Devsaab was accorded a hero's welcome at the Government College, Lahore. Young boys and girls mingled with Devsaab's old fans with the entire college staff standing in line to see and greet their alumnus.
Dev Anand, with moist eyes, thanked them all, moved by the emotional welcome.
'Where is the boundary?' he asked. 'Where is the animosity?' And the crowd went mad with 'We love you Devsaab' chants.
He always spoke to his young fans with utmost respect and elevated them with his profound love. In Lahore, he said to me, 'Tarunsaab, we are just one people and one land, but we are one heart that throbs across the lines. The Jhelum, the Indus unites us all. It's the bloody army that doesn't want the Pakistani people to be friendly with us. Beware of those men in uniform in 'Pindi.'
History proved that he was right.
He was a Braveheart. He didn't care for the government's revengeful attitude and fought the Emergency, formed filmmakers and actors fronts against the draconian regime and the gagging of the press. He was warned about the negative consequence on his profession for actively participating in a 'political movement' to which he retorted, 'What politics? This is to save India.'
His autobiography, Romancing with Life, released by Dr Manmohan Singh shows him as a person who was romancing life. He lived a full, satisfying and bindaas life. He didn't complain, never used strong words against his worst adversaries or critics.
As a great Indian, he showed the Indian heart that unites all, binds all, and warms up humane chords with limitless love across boundaries.
He was essentially a Star, in every sense of the term, who rose so high and dazzled the people of Indus that he became a Sun of the celluloid world.
Tarun Vijay is a Rajya Sabha MP and national spokesperson of the Bharatiya Janata Party .
Please post Your Tributes to Devsaab here.
Tarun Vijay
Saturday, December 3, 2011
Press invitation- a unique Pedal Yatri event of the cyclists to promote cycling at Vice Presidents' House, 5th December, 11 am.
Press Invitation
Mr. Tarun Vijay, MP and Pedal Yatris, a cyclists' group, Gurgaon, (led by Mr Rajesh Kalra, Editor in Chief, The Times Internet ) invites you to Vice President's House, on 5th December, Monday, at 11 am, to kindly cover a unique event to promote cycling, as it has now become an urgent need to meet the key challenges faced by people living in Urban India- Hon'ble Vice President Shri Hamid Ansari, supports the idea. We shall also request the Vice President, who is also the Chairman, Rajya Sabha to kindly consider having a cycle stand for the MPs who would like to arrive in Parliament on cycles, the vehicle of the aam aadmi..
For passes we would need the names of the media persons covering the programme
immediately on email please.
While the Urban India has seen tremendous growth and development over last decade, the development has also brought 4 significant challenges namely Traffic Congestion, Life Style Diseases, Pollution and Daily Commuting Challenges for the majority of population living in Urban India. These challenges are only expected to multiply with time unless proper steps taken on an urgent basis.
Developed world has seen these challenges and many cities like New York, Amsterdam, London have now taken steps to promote Non-Motorized transportation (NMT) with special emphasis to promote Cycling as a mean to overcome these issues. The steps include creating cycle parking, cycle lanes, removing car infrastructure and making way for cycle infrastructure, promoting cycle sharing programs, integrating cycle sharing programs as a part of multi-modal transportation system etc. These efforts have resulted into measurable impact and as a testimony of success Hangzhou, China now boasts of 60,000 cycles cycle sharing program while Barclays Bank has sponsored cycle sharing program for the city of London at an investment of GBP $25 MM. In fact planning for cycle infrastructure is now an essential part of city planning in these developed countries.
In India, few social entrepreneurs have tried promoting cycling through creating cyclists groups like “Pedal Yatri”, through cycling advocacy organizations like “India Cycle Service” and through launching cycle sharing services in cities like Delhi, Pune, Bangalore and Mumbai over last few years. However, in absence of political willingness at the local governing bodies level, these efforts have seen very limited success so far. We have also found out, through focus groups and market research, that big majority of daily commuters are willing to shift to cycling provided there is cycle infrastructure. Therefore, we appeal to The Vice President of India to encourage cycling in Urban India and one way is to set up city level NMT cells with specific targets to promote cycling.
>>Any information/clarification, pl feel free to contact Mr Tarun Vijay at 9711254888<<
Tarun Vijay
Member of Parliament, Rajya Sabha
Member, Parliamentary Standing Committee on External Affairs
National Spokesperson, BJP
Hon. Director, Dr Syama Prasad Mookerjee Research Foundation
(A centre for civilisational values and policy research)
11, Ashok Road,New Delhi
Telefax-011-23382569,23005714.email-tarunvijay2@yahoo.com. tarun.vijay@sansad.nic.in
website-tarunvijay.org, blog-tarun-vijay.blogspot.com
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