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Kwan, Ormax, Dream Theatre or SureWaves among other emerging firms are helping build a robust advertising on television which typically
cover a region, a state or a country. This Jumping to a conclusion?
ecosystem for India’s media and entertainment industry created a revenue stream for broadcast-
ers and small cable firms. Earlier this year
margins in India are half or less than improving ad yields, leveraging content Then there is Kwan, “a marketplace SureWaves launched Skynet, a platform
that of smaller firms in China or Brazil. and its potential revenue streams or by for popular culture”, as co-founder that tries to bring programmatic to TV.
Except for television, where there is making pay revenues a reality. Here is a Anirban Blah describes it. Kwan doesn’t Programmatic is used widely online. It is
some scale, India’s ~126,210 crore media completely random sample of three. just represent 115 talented people like the placing of ads by a software in real
and entertainment is a fragmented Dream Theatre, set up in 2009, helps Pritam, Vir Das, Ranbir Kapoor and time on websites — for example if an IPL
mess. Most firms have no pricing power media brands leverage their earnings Deepika Padukone; it is an aggregator of match is trending on Hotstar, an adver-
either with advertisers or with consum- with consumer products. Dream Theatre talent, information and creative prowess tiser can bid for and buy inventory in real
ers. More than three-fourths of all adver- co-founder Jiggy George points to one of of sorts. So among other things the time. The idea behind Skynet, says Rajen-
tising in India is controlled by five glob- the largest media firms in the world, the 2009-born Kwan helped seed Saavn and dra Khare, founder, SureWaves, is to get
al firms which take great pleasure in $55-billion Walt Disney Company. It gets Phantom Films. It had a role to play in hundreds of small advertisers and broad-
MEDIA SCOPE beating down rates. And subscription $4.8 billion or just over 8 per cent per 50 films, 60 TV shows and 20 web series casters together. The big advertisers use The Congress on Tuesday said 89
revenues, though collected, never reach cent of its revenues from consumer in the last year. It curated 1,500 live per- media agencies and the big broadcast- nominations were received to propose its
VANITA KOHLI-KHANDEKAR content and broadcast firms because products. In India Green Gold Anima- formances and established 2,500 part- ers do annual contracts or season deals. Vice-President Rahul Gandhi’s (pictured)
they leak out. Little wonder then that tion’s best revenue spinners are Chhota nerships between brands and people in Skynet could potentially unlock the rev- name for the next president of the party.
ndia’s is the largest producer of films some of the biggest media firms such as Bheem towels, T-shirts, watches, games the sports/entertainment ecosystem. enues in the long tail of TV advertising. With nobody else filing nomination papers,
I
ndustry 4.0 is evolving — in thought duction process is where most invest- tions as well as SME clusters to become ammunition his political adversaries
and action, in the world and India. ments are going in and the transition is truly world-class through Industry 4.0. needed to attack his party and colleagues.
From the early hype created by the being made from automation on the The last and biggest concern area of Aiyar had courted controversy when he
industrial internet in the US, Germany shop floor to autonomous working of course is the impact of fast growing referred to 26/11 Mumbai attack
and lead countries in the connected interconnected and inter-operable man- technologies for automation, robotics, mastermind and internationally
global economy, it was heartening to see ufacturing execution systems. The digi- artificial intelligence and machine designated terrorist Hafiz Saeed as Hafiz
in the recent conference in Delhi organ- tal twin in production simulates the per- learning on the future of jobs in the “sahab” in an interview. At an All India
ised by the Department of Heavy formance of the line with choices of men CREATING NEED As Steve Jobs at Apple Computer and Elon Musk (pictured) at manufacturing economy. In India we Congress Committee meeting ahead of the
Industry and CII, that multinational and machine usage, layouts and Tesla have shown, success is in creating products and delivering them before have nothing to worry really in the 2014 Lok Sabha elections, he had said
companies in India and visionary Indian throughput speeds to choose an opti- customers even feel the need REUTERS manufacturing sector if we are able to while Narendra Modi could never become
industrial houses are getting early suc- mum process without expensive trial address squarely the challenge of mak- the Prime Minister of the country, he was
cesses from their own implementation of and error. And finally, having a dynam- ty, 3D printing and Internet of Things to at Tesla have shown, success is in cre- ing manufacturing contribute 25 per free “to distribute tea here”. The BJP used
Industry 4.0 practices and projects! ic feedback loop from the product on fit the new process requirements, and a ating products and delivering them cent to GDP against the current 15 or 16 that remark to full advantage, presenting
A truly compelling industry key- the shop floor and in the field enables relentless focus on culture transforma- before customers even feel the need! per cent. The distinction between blue- it as an insult to Modi’s “humble roots”.
note at the conference delivered by Dr. optimisation to happen during produc- tion to prepare the employees and value Quite a departure for many of us in and white-collar jobs will naturally blur,
Jan Mrosik CEO, digital factory divi- tion, commissioning and use to con- chain partners for ever-changing expec- India who grew up waiting years for a but a plethora of new skills will emerge
sion of Siemens, brought the cyber- stantly innovate on product and pro- tations and new opportunities for max- telephone or a clunky car from two to plan, operate and manage the facto-
physical imperatives for competitive duction process even while performance imising value. The margin of error is factories — one in Kolkata and one in ries and supply chains of the future. As Being a foster parent
manufacturing to the limelight with is tracked on a continuous basis. narrowing with competitive pulls and Mumbai to be rolled off an ageing the inimitable Amitabh Kant said in It is like being a foster parent. At a recent
the concept of digital twins — in prod- The order of magnitude performance technology pushes enabling every stat- assembly line and delivered to us! the conclave, India’s manufacturing conference on insolvency and bankruptcy
uct development, production man- improvement that judiciously planned ed and implicit need of a stakeholder to There are two myths about digital success is heavily dependent on our held in the capital, representatives of the
agement and performance optimisa- and meticulously executed cyber-phys- be met well before it is articulated. It transformation and Industry 4.0 that ability to capture not just domestic but ministry of corporate affairs said they have
tion. These terms have an uncanny ical systems can deliver depends on the used to be a cliché ten years ago to say need to be laid to rest. The first is the world markets and it will be predictable been handed over a baby called the
resemblance to the value disciplines balance achieved by any Industry 4.0 that market leaders have the next three question of the affordability of what quality, productivity and innovation Insolvency and Bankruptcy Code and have
approach proposed by celebrated aut- program on the four critical elements of generations of product already devel- may seem like new fads by the small that will get us there. Time for all to been given the task to make it better and
hors Wiersema and Treacy decades ago customer focused business process reen- oped and waiting to be launched when and medium enterprises (SMEs), par- embrace Industry 4.0! ensure it thrives. The Insolvency and
where they argued that organisations gineering, data gathering from all the customer is ready, but as the FANG ticularly the micro SMEs, who have Bankruptcy Code came into effect in 2016;
should compete by choosing product sources with advanced real-time analyt- quartet — Facebook, Amazon, Netflix enough on their plate with regulations The author is chairman of 5F World, since then it has seen many changes.
superiority, process excellence or cus- ics, deployment of technologies from and Google — are showing and Steve and anaemic profitability and can ill Pune City Connect, and Social Venture More changes are in the pipeline.
tomer delight. The difference is that the digital stack, including mixed reali- Jobs at Apple Computer and Elon Musk afford to make capital investments in Partners, India
Artificial intelligence still isn’t a game changer Unwitting saviour real-time, throughout the corps battle
zone. This helps to remove the “fog of war”
Machines can beat humans at some things but they remain one-trick ponies With reference to “How red tape over a and discern the enemy’s intentions correc-
dengue vaccine avoided a health crisis” tly through dispersed analysis of the bat-
LEONID BERSHIDSKY by Abhineet Kumar & Veena Mani (Dec- tlefield inputs. Successful battle operations
ember 5), to think that the World Health have to be “intelligence analysis” driven
Not much time passes these days Organisation (WHO) — that “final arbiter using all our diverse sourcing of battle-
between so-called major advancements in matters concerning global health” — field indications in order not to be mis-
in artificial intelligence. Yet researchers goofed up would send shivers up anyone’s led, or to be the victim of too much caution
are not much closer than they were spine! The whole world, especially the delaying decision-making. The US Army
decades ago to the big goal: actually developing countries, looks up to WHO has BMS terminals right down to the in-
replicating human intelligence. That’s for endorsement of new medicines, vac- for once IT bellwether Infosys. The path fantry company and armour squadron lev-
the most surprising revelation by a team cines, national health care practices and ahead of him and Nandan Nilekani is any- el to create networked synergy and flexible
of eminent scholars who just released disease eradication campaigns. Everyone thing but rosy, hence they will have to hit re-grouping and employment of forces
the first in what is meant to be a series considers its opinion and comments as the ground running from the word go. And swiftly, to meet battlefield requirements.
of annual reports on the state of AI. the last word in matters concerning uni- since Parekh comes with the solid experi- This may not be required in our case, but
The report is a great opportunity to versal health. For WHO to have approved ence of turning business around in having full-fledged two-way BMS termi-
finally recognise that the current meth- Machines may exhibit stellar performance on one task, but it may degrade a mass vaccine, obviously without ade- Capegemini, such qualities will come nals down to the infantry battalion, arm-
ods we now know as AI and deep learn- dramatically if the task is modified even slightly, researchers say quate testing, is nothing short of sacrilege; more than handy in his new role. The our combat group and artillery fire direc-
ing do not qualify as “intelligent”. They something that raises doubts, both about board and founders need to give him not tion centre levels, which feed inputs from
are based on the “brute force” of com- the structure of sentences, finding ans- under the door, and Searle pushes his its impartiality as well as ability to prono- only a free hand but also a long rope so that the entire corps battle zone, is a must to
puters and limited by the quantity and wers to questions within a document own notes back, following the instruc- unce decisions in matters of life and death. he can do justice to his assignment. Infosys achieve supremacy. One has only to study
quality of available training data. Many and translating news stories from Ger- tions. They can be fooled into thinking Of course, all this does not in any way founder Narayana Murthy must put all the conduct of the land battle in Chhamb
experts agree. man into English. They have also learn- his replies are intelligent, but that’s not absolve Sanofi Pasteur, one of the largest the issues on Panaya acquisition, Vishal sector in the 1971 and 1965 wars to under-
The steering committee of “AI Index, ed to beat humans at poker and Pac- really the case. Searle devised the and best known manufacturers of phar- Sikka’s exit and the former CFO’s sever- stand how the battle was lost due to delays
November 2017” includes Stanford’s Man. But the authors of the index wrote: “Chinese Room” argument — to which maceutical products, from responsibility ance package behind. Parekh needs to in decision-making at the division HQ and
Yoav Shoham and Massachusetts Insti- “Tasks for AI systems are often framed there have been dozens of replies and and the crisis caused in the Philippines. Its maintain a good rapport with all stake- corps HQ levels. Rumours carried the day,
tute of Technology’s Eric Brynjolfsson, in narrow contexts for the sake of mak- attempted rebuttals — in 1980. But negligence has caused untold misery to holders. Has he to steer the ship out of which resulted in the permanent loss of
an eloquent writer who did much to ing progress on a specific problem or modern AI is still working in a way that 730,000 people, mostly children, who were troubled waters and also ensure that with territory west of the Munawar Tawi. The
promote the modern-day orthodoxy application. While machines may fits his description. administered the suspect vaccine. They growing competition from the likes of same type of errors occurred repeatedly in
that machines will soon displace people exhibit stellar performance on a certain Machine translation is one example. are likely to suffer for no fault on their Accenture or Google, besides oldies such the battles of Tawang, Se-la, Bomdi-la and
in many professions. The team behind task, performance may degrade dra- Google Translate, which has drastically part, or even any that of their government. as TCS, Infosys emerge winner. Walong that we lost during the 1962 Sino-
the effort tracked the activity around matically if the task is modified even improved since it started using neural That country launched a huge immuni- Bal Govind Noida Indian War due to lack of a rustic BMS.
AI in recent years and found thousands slightly. For example, a human who can networks, trains the networks on bil- sation campaign that hinged on a vaccine J K Achuthan Thiruvananthapuram
of published papers (18,664 in 2016), read Chinese characters would likely lions of lines of parallel text in different from a top manufacturer and carried the Managing a battlefield
hundreds of venture capital-backed understand Chinese speech, know languages, translated by humans. stamp of WHO approval. Many children
firms (743 in July 2017) and tens of thou- something about Chinese culture and Where lots of these lines exist, Google would die. No amount of compensation With reference to “A test for the defence
sands of job postings. It’s a vibrant acad- even make good recommendations at Translate does OK — about 80 percent from Sanofi can make up for the grievous minister” by Ajai Shukla (December 5), an
emic field and an equally dynamic mar- Chinese restaurants. In contrast, very as well as an expert human. Where the harm done to the unsuspecting people. effective Land Battlefield Management
ket (the number of US start-ups in it has different AI systems would be needed data are lacking, it produces hilarious Only a total ban on Sanofi and sum- System (BMS) is a must today to win wars.
increased by a factor of 14 since 2000). for each of these tasks.” results. I like putting in Russian text and mary dismissal of all those concerned with It helps to create situational awareness
All this concentrated effort cannot The AI systems are such one-trick telling Google Translate it’s Hmong. The the matter at WHO might meet the
help but produce results. According to ponies because they’re designed to be results, in English or Russian, will often demands of social justice. India can only > HAMBONE BY MIKE FLANAGAN
the AI Index, the best systems surpassed trained on specific, diverse, huge data- be surprising — like the pronounce- take sadistic and morbid pleasure in hav-
human performance in image detection sets. It could be argued that they still ments found inside fortune cookies. ing avoided an even bigger disaster be-
in 2014 and are on their way to 100 per exist within philosopher John Searle’s I doubt this is accidental. There are cause our people sat on the case and the
cent results. Error rates in labelling ima- “Chinese Room”. In that thought exper- probably not many legitimate calls for “red tape” kept the files tied shut!
ges (“this is a dog with a tennis ball”) iment, Searle, who doesn’t speak translations from Hmong, so idle trick- Krishan Kalra Gurugram
have fallen to less than 2.5 per cent from Chinese, is alone in a room with a set of sters must have helped train Google’s
28.5 per cent in 2010. Machines have instructions, in English, on correlating translation machine to produce various Infy task cut out
matched humans when it comes to rec- sets of Chinese characters with other kinds of exquisite nonsense.
ognising speech in a telephone conver- sets of Chinese characters. Chinese With reference to “Infosys’ exit options”
sation and are getting close to parsing speakers are sliding notes in Chinese © 2017 Bloomberg (December 5), the appointment of Salil
Parekh (pictured) is indeed a positive news
https://t.me/TheHindu_Zone https://t.me/pdf4exams
>
OPINION 11
STAY INFORMED THROUGH THE DAY @ WWW.BUSINESS-STANDARD.COM.
T
he much-awaited mid-term review of the government’s Foreign Trade others, of a legal threat from one of the self-same mys-
Policy (2015-20), released on Tuesday, has pressed almost all the right but- terious Chinese businessmen at the centre of the polit-
tons in order to shore up India’s anaemic export growth. By focusing on ical funding controversy. “No actual threats were made
by Beijing or its agents; the shadow it now casts over
the problems exporters have been facing on account of the roll-out of the
Australia was enough,” Hamilton writes. “The fear of
goods and services tax, the review has recognised the urgent need to reduce the pro- the Communist Party in the hearts of much of the
cedural burden of the new indirect taxes regime on exports. In an attempt to Chinese diaspora here has spread into the mainstream.
address concerns over both jobs and exports, the modified policy has raised incen- Allen & Unwin is probably the most admired publish-
F
amended policy has shown pragmatism by underlining the need for a comprehen-
sive approach on trade, investment and economic co-operation with India’s north- developments in Australia. Almost every week Another politician, this time from the ruling Liberals, ago in Singapore, one of my professors was “reported”
threw up news of yet another way in which has in his campaign team the right-hand man of to the university administration for stating that over 20
ern neighbour. Pursuing market access issues with a view to removing non-tariff bar-
China is influencing Australian politics and public another mysterious Beijing-linked businessman. million people had died due to Mao Zedong’s policies.
riers imposed by China on India’s exports of pharmaceuticals and agricultural life. At long last, this week Prime Minister Malcolm While China was openly buying political influence, A few days later he issued a red-faced apology for
commodities will receive as much importance as the need to encourage Chinese Turnbull’s government announced new legislation it was discovered that its deputy prime minister and “hurting the sentiments of some students” which, I sus-
investments in improving India’s manufacturing capacities while remaining vigilant aimed at preventing foreign pow- four other senators were unquali- pect, was the university’s way to prevent the Chinese
about any unfair trade practices. The amended policy makes a tacit admission of the ers from “making sophisticated fied to sit in Parliament because, embassy from taking notice.
need for pursuing bilateral and regional trading arrangements, indicating that India attempts to influence the politi- well, they were dual citizens of Liberal democratic societies have to deal with the
cal process.” Commonwealth countries, in some classic practical dilemma of dealing with illiberal-
will remain open to such partnerships even as it renews its efforts to pursue the goals That Beijing would use seduc- cases without their knowledge. ism — liberalism requires that the illiberal not be
of a more fair and equitable multilateral trading regime under the World Trade tion, corruption and coercion to Courts disqualified them. A centu- denied their right to free speech; even when the lat-
Organization. The regions and countries that will be considered for such trading promote its interests is neither sur- ry-old law had thus protected ter are determined to undermine liberalism. All of us
arrangements will have to satisfy the conditions of their being both promising prising nor unique. What struck me, Australia from foreign political living in liberal democracies have to contend with this
markets for Indian goods and a source of critical inputs to meet India’s needs. though, was none of it is prima facie influence, and the insidious and challenge, both from within and from without.
Two other significant issues have been covered by the amended trade policy. It illegal under Australian law. nefarious designs of New Zealand, We in India might find it hard to appreciate how
Political parties could accept funds Canada and Britain were exposed difficult it is for Australia to resist Chinese influence
recognises that high logistics costs, estimated at about 15 per cent, are a barrier to from Beijing-linked Chinese and defeated. — not only does the country host a large number of
improving the ease of trading and doing business in India. The idea of a national trade
facilitation action plan is, therefore, welcome. More importantly, the amended pol-
tycoons; former Cabinet ministers THE ASIAN BALANCE Clearly, new laws were required Chinese immigrant citizens, not only does its econo-
could accept high-paying jobs in to raise the barriers for foreign influ- my depend on China, but for the first time in its his-
icy has underlined the need for charting a new export strategy that is less depend- firms and organisations linked to NITIN PAI ence. The Turnbull government tory it also has to reckon with the doubt that the
ent on subsidies. Recognising that export subsidies will increasingly become unsus- Chinese businessmen with myste- now seeks to ban foreign donations United States might not have the will or wherewithal
rious sources of wealth; serving senators could depart to political parties, require foreign influencers and to maintain the regional order.
tainable in global trade, the revised policy has suggested that export promotion efforts
from their own party’s position and instead parrot domestic political campaigners to register and tighten Late last month, the Australian government pub-
should be directed more towards fundamental and systemic measures instead of just Beijing’s line on foreign policy; students’ unions could laws on espionage and treason. This won’t prevent lished a foreign policy White Paper implicitly com-
incentives and subsidies. This is a major directional shift in India’s export promotion work as proxies of Chinese consulates and almost all foreign powers from interfering in domestic politics — mitting itself to balancing Chinese power in the region.
effort that needs to be pursued with as much vigour as the need to avoid maintain- Australian Chinese-language newspapers toe the line but it will make it more difficult, and more impor- The counter-view appeared a few days ago. Hugh
ing an exchange rate policy that over-values the rupee against the dollar. from Beijing. tantly, a violation of the law. White, a long-time pro-China voice, published anoth-
That Chinese political influence in Australia had While laws can reduce direct political influence er Quarterly Essay arguing that Australia has no
crossed “normal” levels was clear at least from 2015 that is visible to the naked eye, Australia will find it choice/is better off bandwagoning onto China.
Signals from US territorial tax when Australian intelligence officials briefed the main
political parties of such activities. Nothing changed —
in fact, politicians of the opposition Labor party are
harder to insulate itself against online tactics such as
those allegedly used by the Russians in the US pres-
idential elections. Australia is a liberal, highly net-
The writer is co-founder and director of Takshashila
Institution, an independent centre for research and
Emerging markets like India could well be beneficiaries under criticism for accepting funds from a mysterious worked society and thus vulnerable to large scale education in public policy
O
ne measure of polarisation in the public discourse in the US is clear from
the divergent analyses on the impact of the “territorial tax” proposal in
the impending tax reform Bill. Yet one thing is certain. Among the
many sweeping changes in the Bill — the Senate and House of
Representative versions are being reconciled before it goes for the President’s sig-
nature — the territorial tax will have some impact on US corporations’ overseas
Tweaking the fiscal road map
inance Minister Arun Jaitley’s fifth Budget is over 19 per cent, compared to the budgeted growth of restricted to 0.3 percentage point, so that the revised
investment decisions and, therefore, on emerging markets like India. The territo-
rial method of taxing profits from the overseas subsidiaries of US corporations essen-
tially aligns US tax methods with those of most developed jurisdictions.
F being prepared under the most unusual cir- only 13 per cent. Experts note that this growth could
cumstances. Estimating the tax revenue col- decline as the pace of refunds under the GST increas-
lections has always been a chal- es in the next few months. Add to
number of 3.5 per cent of GDP for 2017-18 will only sig-
nify a pause in the pace of fiscal consolidation, and not
a reversal. In 2016-17, the government’s fiscal deficit
Currently, US corporations repatriating profits from overseas subsidiaries pay lenging task for makers of the that the 43 per cent decline in the was cut to 3.5 per cent of GDP, from 3.9 per cent in the
Budget even in normal years. That Union government’s non-tax rev- previous year.
a steep 35 per cent on their original pre-tax profits minus the tax paid in the foreign
challenge has now become more enues in the first seven months of The more substantive question is about the fiscal
jurisdiction. For example, if Apple had repatriated profits from its subsidiary in formidable with the roll-out of the the current financial year, you will consolidation stance that the finance minister will
Ireland, which charges a competitive 12 per cent rate, it would have had to pay 23 per goods and services tax (GST) from see why Mr Jaitley may be a little like to adopt in the Budget for 2018-19, when he will be
cent tax. This kind of punitive rate is the key reason US companies rarely repatriate July this year. It is true that man- worried about meeting his fiscal under greater pressure to increase spending signifi-
offshore profits. The territorial tax will enable US corporations to repatriate their prof- darins in the Union finance min- deficit target. cantly. The terms of reference for the Fifteenth
its at little or no tax. There is, in addition, a minimum 10 per cent tax on profits above istry won’t have to worry about the Almost half of the budgeted Finance Commission provide a pointer to the gov-
excise and service tax rates for the non-tax revenues of ~2.88 lakh ernment’s thinking in this area. The Finance
a certain threshold from foreign subsidiaries of US companies, to prevent companies coming year; that job now rests crore is to come from dividends Commission, headed by former Planning
from moving income abroad to avoid taxes, and a new 20 per cent tax on any mon-
ey multinationals move from the US abroad. All these provisions, plus the sharp reduc-
with the GST Council. But that
advantage has been nullified by
NEW DELHI DIARY and profits of public sector enter-
prises, state-owned banks and the
Commission member N K Singh, has been specifi-
cally asked to also recommend a fiscal consolidation
tion in the domestic corporate tax rate to 20 per cent in the Bill, are designed to encour- the uncertainty associated with A K BHATTACHARYA Reserve Bank of India. Another road map for sound fiscal management.
age US corporations to reinvest in the American economy and generate jobs. tax collections under the GST. ~43,000 crore is to come by way of Remember that Mr Singh, as the head of the com-
Prima facie, US corporations may well conform to this hopeful Trumpian This is because the Budget spectrum fees from telecommuni- mittee to review fiscal responsibility and budget
preparations will have to rely on partial tax revenue cation companies. A shortfall in collections under all management, has already completed that exercise
template. It is also possible that they will simply stash the profits in high-yielding numbers for the current year. The Union government these heads has resulted in a record decline in non-tax and his report is with the finance minister. In that
financial instruments or use them for buybacks and dividend distribution. One can take credit for GST revenues for only 11 months revenues. The Union government has not yet given up report, Mr Singh had recommended a fiscal deficit
analysis suggests that the benign nature of the territorial tax may encourage USA this year. Under the GST rules, taxes even for March persuading the central bank to transfer some more target of 3 per cent of GDP for three years from 2017-
Inc to invest overseas more freely without the attendant hassle of tax planning. can be paid till the third week of April, unlike in the money as surplus to the Centre. State-owned enter- 18 to 2019-20, followed by a glide path to reduce it
Another suggests that the tax on outgoing investment may simply encourage more earlier excise and services tax regime, where such tax- prises are also being asked to declare special divi- gradually from 2020-21 and reach 2.5 per cent of
es for the last month of the financial year had to be dends so that the Centre can increase its revenues. GDP by 2022-23.
US corporations to expand their dependence on offshoring. Add in the relatively high
paid up by the last day of March. Even if additional revenues can be raised from state- In this context, asking the Finance Commission to
wages and low productivity of American labour and this looks like a plausible sce- GST revenues roughly account for about 35 per owned enterprises, it is unlikely that spectrum receipts present another fiscal consolidation road map for a
nario. In other words, Apple may expand contract-manufacturing in China even cent of the Union government’s gross tax collections. will be able to meet the target set in the Budget. period starting from 2020-21 is indicative of a desire for
though it may no longer stash profits from overseas sales in Ireland or Luxembourg. Accounting for only 11 months’ revenue under GST The only silver lining seems to be the government’s some fiscal headroom and even relaxation. What then
Predicting corporate behaviour is notoriously difficult and in the case of US will thus be a handicap that Mr Jaitley will face while disinvestment receipts from the sale of its equity in happens to the recommendations of the Singh com-
corporations, it is dependent on several other elements. One is the Trump admin- he strives hard to meet the fiscal deficit target of 3.2 per state-owned enterprises. Against a target of ~72,500 mittee on FRBM? In his last Budget, Mr Jaitley had
cent of gross domestic product (GDP) for 2017-18. crore in the current year, disinvestment proceeds have said that though he was opting for a 3.2 per cent fiscal
istration’s immigration and trade policies — he is tightening the first, including the
Add to this the uncertainty over the pace of rev- already crossed ~52,000 crore and it seems that the tar- deficit target for 2017-18, he remained “committed to
work visa regime, and is inclined to repudiate the other. The other is tax changes enue flows under GST in the first few months after its get can be exceeded by about ~20,000 crore. But that achieve 3 per cent in the following year”. Will he
in competing OECD (Organisation for Economic Co-operation and Development) roll-out. Finance ministry officials concede that GST alone will not be enough to bridge the widening gap remain committed to that target when he rises in
jurisdictions, not least the Multilateral Instrument that 70 countries, including collections have still not stabilised and the refund between the government’s expenditure and receipts. Parliament next February? Or will he seek recourse to
India, signed in June this year that is designed to reduce the incidence of the noto- pressure, based on input tax credit claims, could Already, 96 per cent of the annual fiscal deficit target the Singh committee’s escape clause of “far-reaching
rious practice of base erosion and profit shifting. Significantly, the US is not yet a mount in the next couple of months. This will put fur- has been reached by the end of October 2017. Last structural reforms in the economy with unanticipat-
ther pressure on tax revenues in the current year, year, only 79 per cent of the annual target was reached ed fiscal implications” to postpone the 3 per cent fis-
signatory, suggesting that US corporations may still indulge in treaty shopping.
making the task of meeting the fiscal deficit target a at the same time. cal deficit target by another year or till he gets anoth-
Either way, the message for Indian policymakers is clear: A steady improvement little more difficult. The point to be noted here is that in spite of the gov- er set of recommendations from the Fifteenth Finance
in the “doing business” environment beyond the World Bank’s narrow metrics and Thus, the comfort in the healthy growth in tax rev- ernment’s best intentions, the fiscal deficit target of 3.2 Commission? In other words, will the GST as a struc-
a simplification of the tax administration should remain sharply in focus. enues so far may not last long. For the April-October per cent of GDP may not be met during the current tural reform come to the aid of the government’s plans
2017 period, net tax revenues for the Centre grew by financial year. It is to be hoped that the slippage is for a big expenditure push?
14 THE ECONOMIC TIMES The Edit Page THE ECONOMIC TIMES | NEW DELHI / GURGAON | WEDNESDAY | 6 DECEMBER 2017
AP Offers a Dekko SWAMISPEAK The Hadiya verdict negates several freedoms, including to marry a terrorist
of Future of Power
Battery storage will mainstream renewables
Andhra Pradesh plans to set up a renewable power plant
The Day Choice Was Killed gs to my children. My son Shekhar
has married a German Christian.
comprising 120 MW of solar generation and 40 MW of My daughter Pallavi has married a
wind generation. What is new is that this will come with
40 MW of battery backup. As of now, what the cost of the
Spanish Christian. The evidence of
an alien conspiracy looks stronger in Prayer With
my case than in Hadiya’s. Yet, it adds
battery storage would be is not clear. In South Australia,
where Tesla has set up a 100 MW, 129 MWh battery, to back
up to nothing.
Hadiya, the 25-year-old daughter of
No Spirit
a Hindu family, was schooled in Ker-
up the grid, the cost of storage has been $50 million. Right Swaminathan S ala, and left for Tamil Nadu for a colle-
C L GULATI
now, the cost of such storage of renewable power might Anklesaria Aiyar ge course in homoeopathy. She made A family guru, pleased with the
not be compelling. But the Andhra Pradesh initiative des- Muslim friends and converted to Is- service and devotion of an eld-
nthe ‘love jihad’ case involving lam. Her father moved the courts say- erly woman, wanted to grant
I
erves attention because it offers a glimpse of the future of
the conversion of a Hindu girl ing his daughter had been trapped by her a wish. She had multiple
power generation and distribution. to Islam, the Supreme Court sh- a“well-oiled mechanism” for Islamic wishes. She had poor eyesight,
It has been clear for some time that what really holds ould not just rescind the judge- radicalisation. While the hearings no proper house to live in and
back a paradigm shift in energy from fossil fuels to renew- ment of the Kerala High Court, were on, the girl married Shafin Jah- she wished her young son wou-
but slam it. The apex court should in- an, who allegedly has links with radi- ld get married. And financially,
ables is storage technology. Right now, the higher the ins- struct all courts to ensure that indi- cal outfits like the Islamic State (IS). the family was at the lowest ebb.
talled capacity of renewable power, the higher the total vidual freedoms guaranteed by the The Kerala High Court held that The woman crafted her wish
Constitution are sacrosanct, and not Hadiya was a “weak and vulnerable and prayer in such a way as to
FILE PHOTO
cost of power, as the capacity charge of conventional pow-
subverted by traditional notions that girl capable of being exploited”, who include all her wishes in one
er has to be added to the cost of renewable power even if parents have overriding rights over had been indoctrinated by radicals. wish. “O Guruji, bless me that I
the entire power juicing up the grid comes from renew- an adult woman. It annulled her marriage and placed can see my son’s daughter-in-
ables — you cannot junk conventional My own outrage flows from my fa- her in the custody of her parents, say- A pair of star-cross’d lovers: Hadiya and Shafin Jahan law churning milk in a golden
mily history. My mother, a devout Hin- ing this was the Hindu tradition for pot in a beautiful palace.” The
generation because you need it when du, ended her days as a sannyasin at an adult, unmarried woman. What’s new or so terrible about in- er the Special Marriages Act may fall guru granted the omnibus pray-
the wind slows and the sun goes down, the Sivanand Ashram in Rishikesh. This judgement negated several doctrination? Marxist professors and under a court’s jurisdiction, but sure- er. In due course, the woman re-
and you must pay for its availability. She hoped that her children would freedoms: those to choose one’s religi- other ideologues have indoctrinated ly not a marriage, like Hadiya’s, un- gained her eyesight, got a beau-
have traditional marriages to Tamil on, one’s husband, one’s ideology, and students for decades. Marxism openly der Muslim law. tiful palace and her son got mar-
Things would change, if the power ge- Brahmins, but in vain. I married a Par- one’s own future over parental objec- advocates the mass slaughter of class Hadiya’s husband, Shafin Jahan, is ried. Eventually, she saw her
nerated by the sun and the wind could si. My elder brother married a Sikh. tions. The Supreme Court would ha- enemies to spur a proletarian revolu- suspected of having links with radi- grand daughter-in-law churn-
be stored and drawn at will, the way My younger brother married a Chris- ve done well to strike this down forth- tion, something that actually happen- cal Islamic groups. But he has not be- ing milk in a golden pot.
tian. And my aunt married a Muslim. with. Instead, it asked the NIA to in- ed in Russia and China. Yet, indoctri- en charged with any crime, let alone Materially speaking, the pray-
one can store data these days. Advan- vestigate whether there was a wider nation by the CPI(M), Ananda Marga, found guilty. When the bedrock prin- er was well crafted and the same
ces in battery technology offer precisely that possibility. I’m My Own Swami pattern of conversions by radical Is- tantric gurus or other shadowy grou- ciple of law is that every person must was fulfilled also, but the family
If large capacity storage of power becomes possible and Some Hindu organisations, some co- lamic groups. The Kerala governme- ps is entirely legal. be presumed innocent till proven gu- did not enjoy soul-soothing pea-
urts, and even the National Investiga- nt has categorically denied the exist- ilty, how can mere suspicion about Ja- ce and happiness. Despite mat-
affordable, renewable sources can totally displace fossil tive Agency (NIA) might view this as ence of any such conspiracy. Till Court Do Us Part han be a reason to kill his marriage? erial affluence, their spiritual
fuels: battery-supported, modular micro-grids that can clear evidence of a Hindu family be- Even if Islamic groups are indoctri- In a free society, people must be free to Finally, which law says you cannot quotient was low. One discovers
ing targeted by nefarious non-Hindu nating and attracting new adheren- express and listen to doctrines of all marry a criminal or terrorist? I would that the more one tries to attain
be islanded off in case of emergencies will make the grid
institutions. My mother would have ts, how can this override the right of a sorts. The line is crossed only when hate my daughter to marry a terrorist. happiness by material means,
more reliable, the Internet of Things and digital circuit- castigated this as unadulterated rub- woman to choose her own ideology, indoctrinators plan or commit crim- But I have no right to stop her. Even if the more one is caught in the
breakers could allow individual metering of different bish. It’s outrageous to invent sociopo- or husband? An adult woman has the es. Merely spreading a doctrine is not Shafin Jahan is one day proved to be cobweb of dejection and frust-
litical conspiracy theories to explain right to vote, to join the police and criminal, even if in theory it advoca- a criminal, how does that affect any ration. If we objectively ponder
power applications, leading to differential pricing and
away matters of the heart, as the NIA fight criminals, to join the armed for- tes mass killing in the name of the woman’s right to marry him? over the mystery behind miser-
better energy management. seems to have done in the Hadiya case. ces and face death on the battlefield. proletariat or anything else. I hope the Supreme Court will let ies, we find that so long as we res-
Most of the research in radical power storage is taking If the NIA really wants to nail my Surely, she also has the right to indoc- Icannot understand how the Kera- Hadiya join her husband as soon as trict ourselves to the means of
family, it can look beyond my siblin- trinate, and be indoctrinated? la High Court could annul Hadiya’s possible, regardless of his doctrines or happiness, we are left in the lurch.
place in the west and in China. India probably needs a marriage. Marriages under the per- criminal record, whether he is an acc- Our sole prayer should be to be
technology mission on energy storage, to have a piece of sonal law of any religion provide for used or a free man. It recently struck blessed with spiritual awaken-
the action that would transform power generation, the internal religious procedures for an- down instant triple talaq as violating ing that is the real source of pe-
grid, automobiles and electronics. Can India afford to be
Marxism openly advocates the mass slaughter of class nulment. A Catholic marriage can be the fundamental rights of women. ace, bliss and contentment. A
enemies. Yet, indoctrination by the CPI(M), Ananda annulled by the Church, but a court The same logic should surely apply to guru’s teachings are generally
shut out from the future of energy? should have no jurisdiction in this. women’s rights to follow their hearts of two types: positive and prev-
Marga, tantric gurus or other shadowy groups is legal Annulment of a civil marriage und- and minds in marriage and ideology. entive. When we follow positive
commandments, we feel bless-
ed and full of Divine Grace. But
if we neglect to follow the prev-
Capital for Exporters Sunny Days Are Here Again Chat Room
In its mid-term review of the foreign trade policy, the govern-
ment has offered incremental sops to exporters in specific sec-
100 GW is to come from solar. to address through its functions is The Chosen One,
tors such as leather, textiles and agriculture and eased proce-
dure. Course corrections — an additional 2% incentive for lab-
The target, though ambitious, has
set a high benchmark. GoI, aided by
around regulatory mechanisms and
risk mitigations. Risks associated
But by History
our-intensive sectors under the Merchandise Exports from a proactive response from industry, with payment mechanism, power Apropos ‘Rahul Ban Gaya Pre-
India Scheme and the Services Exports from India Scheme (in is moving fast towards the capacity contracts and retail operations need sident’ by Indrajit Hazra (Dec
targets. The ISA expects to facilitate to be addressed. Markets, in a consi- 5), practically, Rahul Gandhi
the form of freely transferable duty scrips that can be used by the addition of 1,000 GW of solar en- derable number of these countries, was acting as president and
exporters to pay customs duties), extending the validity of du- Chandrajit Banerjee ergy by 2030 with an investment of are in a nascent stage. Innovative fin- his elevation to the post is more
ty scrips to 24 months from 18 months, and self-certification of almost ¤1,200 billion. Accessing sus- ancing that can bring down costs will elementary than substantial.
documents wherever required — to perk up exports are fine. tainable and affordable power is one play a crucial role. The ISA has alrea- The Congress needs someone
India is ready with an innovative en- of the major goals of the ISA and In- dy played a role in getting multilater- with the Gandhi tag to head
A new trade analytics division for data-based policy action is ergy solution with the International dia has already taken a lead on this. al agencies like the World Bank, the the party in the hope that vot-
also welcome. But what about exporters’ working capital short- Solar Alliance (ISA) becoming a trea- Unlike many such intergovern- Asian Development Bank (ADB) ers will still be attracted by the
age? The incentives are estimated at aro- ty-based international intergovern- mental organisations, the ISA has and the European Bank on board. name. The party would do it-
und .̀ 8,450 crore. More than sops, exports mental organisation today. Prime Mi- created a distinct identity for itself in Efforts are on to get greater support self a big favour if they deve-
nister Narendra Modi’s brainchild, its early days by involving industry from banking and financial institu- lop internal democracy and
need lower transaction costs, less red ta- highlighting India’s proactive contri- as a partner. Industry, across many tions to enable sizeable funds for the nurture a culture where any-
pe in clearances, efficient and functional bution to deal with climate change, of these countries — particularly Star light, star bright solar development. One ISA initiati- one can become party presi-
infrastructure and rational labour laws. and co-founded by then-French Pre- India and France — has contributed ve being supported by industry has dent. History has put Rahul in
sident François Hollande, the ISA with knowledge bank and experience years, adopting innovative financi- to do with R&D, which would help a unique position at a time
Also, the country’s performance in cross-
was launched on November 30, 2015, to create an appropriate ecosystem. ng models and taking advantage of commercialise models and make when he can either prove to be
border trade as per the World Bank Ease at the Paris COP 21convention. Two Take the goal to reduce the cost of the large volumes to reduce the cost them available for larger public use. worst or best president ever.
of Doing Business report is poor, calling years later, it has come a long way. solar power. India’s policy interven- of solar power. For the energy industry, including
for vast improvements in trade facilitation. Exports fell for Despite some doubts, the ISA is now tions and reverse auctions — now an The idea that the ISA hopes to deli- conventional power developers, the BHOLEY BHARDWAJ
a reality with 46 countries among the accepted bidding format for solar pro- ver is to develop a larger buyers’ mar- ISA could not have come at a more Mumbai
the first time in 14 months in October, owing to delays in re- 121member countries signing the sta- jects — have been hugely successful ket across these 121countries that can opportune moment. The energy wor-
funds that resulted in a working capital crunch for exporters
following the adoption of the goods and services tax. With the
tute, 19 of them ratifying it. The alli-
ance will be the first such entity to
with power tariffs coming down to
.̀ 2.44 a unit. Such models can now
create markets across geographical
boundaries. Such large markets can
ld is transiting to a new form across
the world. The ISA could well be the Cong Leaders
goods and services tax network up and running, exporters be headquartered in India. Leading
by example, India has set an ambi-
easily be shared with other member
countries to create an appropriate
help bring in the advantage of the
mega scale needed to effectively cur-
game changer in this new order. Keep It Going
must be given refunds swiftly, within a month at the most. Ex- tious target of installing 175 GW of ecosystem. Developers in India have tail cost and increase competitiveness. The Edit, ‘New Congress Und-
The writer is director general, Con-
porters should also encourage their vendors to file goods and renewable energy by 2022. Of this, pushed the envelope over the last two The other issue that the ISA hopes federation of Indian Industry (CII) er Its New President?’ (Dec 5),
services tax returns to be able to claim their refunds. wrote off the capability and
Sustained growth in exports also depends on the pace of glob- role of thousands of Congress
leaders who make the party and
al recovery, and the US, EU and Japan are growing. Worries of keep it going when you said,
a stronger rupee hurting exports might not have a long life, as LETTER FROM WASHINGTON “Is there any other Congress
leader whose
the advanced countries withdraw from a policy of extra-easy
money, and some footloose capital flows out of India. redemptive po-
Kiwi PM among many politicians? OzZea, perhaps? ing some form of punishment after It’s all over for you, Don University Assistant Professor in er. That is the lesson here. editet@timesgroup.com
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16 hindustantimes HINDUSTAN T IMES, NEW DELH I
WE DNESDAY, D ECEMBER 06, 2017
e sta b l i s h e d i n 1 9 24
comment
§
Opening the No easy ride for new Congress chief
spending spigot As president, Rahul Gandhi’s greatest challenge
could be rebuilding the party organisation
the top leadership has to reorganise the party
through internal elections which can throw
up a new set of leaders and activists.
A distinctive characteristic of Rahul Gan-
dhi’s politics is his spirited opposition to
I
ance solely on dynasty doesn’t work any- successfully tapped into a rising discontent
n his first budget speech as finance minister on July 10, more. But for the Congress the inevitable over the economic slowdown and growing
2014, Arun Jaitley had told Parliament that he would bring succession from mother to son is related to job losses. The disenchantment with demon-
the nature of the party which was trans- etisation and the Goods and Services Tax,
A
in a policy regime that would secure higher growth, lower fter a long time the Congress formed by Indira Gandhi into a centralised and his aggressive campaign in Gujarat,
inflation, better external balance and fiscal prudence. It is Party is all set to get a new pres- institution in the early 1970s. The party can’t seems to have infused new life into his politi-
ident. The election of Rahul do without the family as no one but a member cal career. According to him, Modi has over-
fair to say that Mr Jaitley has delivered on all four fronts Gandhi this month will formal- of the Nehru-Gandhi family can hold its promised, and under-delivered. But drawing
— till now. He has been given a helping ise his de facto position as the potentially fractious elements together. attention to the government’s economic fail-
hand by the global oil market, but it ourtake leader of India’s largest opposi-
tion party. Getting elected as the Congress
president in his case is easy, but leading the
Even so, dynastic entitlement is out of place
in a democracy. It’s even more problematic
because the significance of the family was n Congress vice president Rahul Gandhi at
ures is not enough; an Opposition party must
shape it with a social and economic agenda of
its own. Only a sound political vision will
would be unfair to say that the improve-
party hands-on and getting accepted as a con- principally connected to its electoral success. the AICC office, New Delhi, December 4 PTI help Rahul Gandhi in the face-off with Modi.
ment in the Indian economy over the past four years is only vincing challenger to Prime Minister Naren- But lately the dynasty has not delivered. This It is clear that in the present climate of dis-
dra Modi is a more difficult proposition. has ironically not lessened its influence or To his credit, he has shown greater enthu- content an alternative development agenda
because of lower global oil prices. Therefore it remains to be seen how much the dependence of the party on the family. siasm for structural changes in the party must be defined by a model of job-led growth
The budget that Mr Jaitley will present early next year could of a difference Rahul Gandhi’s leadership Rahul Gandhi’s biggest challenge is apparatus than his mother who didn’t make as against jobless growth. Social welfare and
will make to the Congress party which suf- rebuilding the Congress organisation which any perceptible effort to change the party’s economic rights should form the core of the
be the last full one from the National Democratic Alliance gov- fered its worst defeat in the 2014 elections and is faltering in the states. Barring a few states centralised style of functioning during the counter-narrative to the NDA model, not-
ernment . He has already begun work on it. The temptation for which reduced the party to a historic low of 44 like Kerala, the Congress virtually does not ten years of United Progressive Alliance withstanding ‘expert’ advice to the contrary.
seats in the Lok Sabha. This was followed by have an effective organisation anywhere (UPA) rule. It is the persistence of this model Rahul Gandhi will need to reach out to
any finance minister to open the spending spigot in a bid to buy a string of defeats in the subsequent state else. Organisationally, it is in disarray, it is which discouraged the emergence of strong other parties to form alliances like his
votes is at its strongest in the budget before a national election. elections which reinforced the serious crisis bereft of a dedicated cadre of grassroots and credible leadership capable of mounting mother had done in the formation of the UPA
facing the party. The present crisis is far workers who can fight the formidable Rash- effective state-wide mobilisation in the in 2004. The Congress secured 19.3% of the
The damaging economic consequences of falling prey to such worse than anything the Congress has con- triya Swayamsevak Sangh (RSS)/ Bharatiya states. But so far, Rahul Gandhi has not had vote while BJP got 31% in the last Lok Sabha
fronted in its 132-year history. Janata Party (BJP) election machine. The the chance tousherinthe changes thathehas polls, signifying that the Opposition can chal-
temptation was most evident during the second tenure of the
As the transition to the Rahul era begins, ruling party’s page pramukhs and booth often spoken about. Hardly anything has lenge the BJP if they can hold out seat adjust-
UPA government when the fiscal profligacy almost sent the he has two major challenges, one of a per- management operations are its biggest been done to rebuild the Congress organisa- ment, if not alliances, in the battle for 2019.
sonal leadership makeover and the other of strength and the Congress has nothing tion in the last three years when he has led Zoya Hasan is Professor Emerita, Centre for Political
economy into a tailspin by July 2013. revamping the party structures and messag- remotely similar dedicated to the task of elec- the party as vice president. Democratising Studies, Jawaharlal Nehru University.
There are four key issues that will define Budget 2018. First, ing in order to make the Congress a signifi- tion management. the organisation is essential, but to do this, The views expressed are personal
the uncertainty about tax collections in the initial months of the
new goods and services tax (GST) will ensure that there is uncer-
tainty about government revenues. The finance minister should
be conservative in his projections about how much money will
TRIGGERHAPPY
Inaccuratetosay note ban
flow into his kitty. Second, Mr Jaitley will have to make credible
monetary commitments to support the recapitalisation of public
got BJP electoral gains
sector banks, building new infrastructure and supporting a farm The notion that demonetisation is an economic failure
economy that is in distress. Third, the act of balancing between
tax uncertainty on one side and the demands of higher spending
but a political success is a deeply flawed one
across 18 states where voters had a chance
on the other side will have to be managed without ending up with PRAVEEN to exercise their support for the BJP after
a higher fiscal deficit. Fourth, the budget speech will be an oppor- CHAKRAVARTY demonetisationonNovember8,2016. These
include state elections and by-elections to
tunity to make a fresh commitment to further economic reforms. both state assemblies and the Lok Sabha.
Every budget is preceded by pressure from various lobbies for These exact same 578 constituencies also
had a BJP candidate in the 2014 Lok Sabha
special deals to benefit their constituents. The problem is espe- elections. Nearly 100 million Indians voted
in these 578 constituencies in elections held
cially acute as the national election get nearer. How Mr Jaitley
O
n December 30, 2014, there was a after demonetisation. Forty-three per cent
manages to satisfy these political demands within the con- sudden announcement to ‘with- of them voted for the BJP in the 2014 elec-
draw’ India’s ‘high-value’ crick- tions. After demonetisation, 41% voted for
straints of economic prudence will be watched closely. eter, MS Dhoni, from circulation the BJP. In other words, when exactly the
n During an Oval Office ceremony to honour NativeAmerican heroes of World War II, US immediately. It shocked all Indian cricket same set of voters was given a chance to
President Donald Trump offended them by issuing a racist comment fans. Dhoni was India’s captain and the choose the BJP, fewer voters chose the BJP
§
AP
most experienced player in the team. The after demonetisation than before. To be
Trump’sharebrainedidea The worry is that Trump ‘regulator’, Board of Control for Cricket in
India (BCCI), was caught unawares and left
to deal with the ramifications of this deci-
sion. There was uncertainty and trepida-
sure, the difference is insignificant and
cannot be attributed to demonetisation
alone. But clearly this does not support the
narrative that demonetisation was a
isbadforWestAsiapeace will lead the US into a war tion for the future of Indian cricket. Only,
Dhoni decided to ‘demonetise’ himself; this
was not coercion. In the two years since the
‘MS Dhoni demonetisation’, India has won
hugely popular move among voters and
spurred them to support the BJP in larger
numbers. Even in terms of seats won, the
BJP won 452 of these 578 constituencies
ShiftingtheUSembassytoJerusalem A widely accepted view is that the American president 20 of the 29 Test matches it has played, one before demonetisation; after, it won 408.
of its most successful runs in its cricketing If fewer voters chose the BJP after
suffers from a narcissistic personality disorder history. Mahendra Singh Dhoni ‘withdrew demonetisation than before, how can it be
legitimisesIsrael’sunlawfulsettlements himself from circulation’ suddenly and deemed as a political success? At best, one
been born in the US — the bogus allegation India won most of the Test matches played could argue that demonetisation did no
U
nited States President Donald Trump claims to be a ELIZABETH thatlaunchedhispoliticalcareer,whichhe’d immediately after. Does this mean that the harm to the BJP and did not pull down its
DREW renounced prior to the election. sudden ‘demonetisation’ of Dhoni was a support significantly. But surely it is incor-
shrewd businessman, and believes that “…it’s time A widely accepted view is that he suffers cricketing success? If this sounds bizarre, rect to argue that it propelled the BJP to
America was run like a business”. But not everyone is from a narcissistic personality disorder. then so is the narrative that India’s sudden electoral victory.
AccordingtotheMayoClinic,suchadisorder demonetisation ofhigh-value currencywas The argument that demonetisation is a
reassured by his self-proclaimed “business acumen”. If creating “isamentalconditioninwhichpeoplehavean a political success. political success for the BJP is not very dif-
uncertainty is his way of doing business, Mr Trump’s doing a inflatedsenseoftheirownimportance,adeep This notion that demonetisation is an ferent from the argument that Dhoni’s sud-
needfor excessive attentionandadmiration, economic failure but a political success is a den retirement was a cricketing success.
M
good job. On Monday the US president missed his second dead- uch of America’s capital has troubledrelationships,andalackofempathy deeply flawed one. The popular wisdom is This argument presupposes that the BJP
entered a state of near-panic. In forothers.” Anotherviewheldbyanumberof that because Bharatiya Janata Party (BJP) would not have won these elections other-
line to sign a waiver to the 1995 Jerusalem Embassy Act, height-
recent days, President Donald medical professionals, based on how Trump won several state elections immediately wise and demonetisation was instrumental
ening speculation that he will soon announce his intention to Trump has been acting more spoke in interviews in the late 1980s and how after demonetisation, it is a political suc- in their victory. Any counterfactual propo-
bizarrelythanever,andthequestionraisedin he speaks now is that the president is suffer- cess. In India’s notorious first-past-the-post sition is difficult to prove, but if the scale
shift the US embassy to Jerusalem from Tel Aviv. The 1995 law the mind of politicians and civilians alike, ing from the onset of dementia. system, winning an election does not neces- and quality of the BJP victory in the 2014
requires the US embassy be shifted to Jerusalem unless the pres- though rarely spoken aloud, has been: Can Trump’serraticbehaviourhasbeenattrib- sarily reflect increased popular support. If elections is any indicator, then it is clear
the United States afford to wait for Special utedtohisanxietyaboutMueller’sinvestiga- demonetisation was indeed a very popular that it did not need a risky experiment such
ident signs a waiver every six months. All US presidents since CounselRobertMuellertowrapuphisinves- tionintohisandhiscampaign’spossiblecollu- move and earned plaudits among voters as as demonetisation for it to win the elections
then have signed the waiver; Mr Trump last signed it in June. tigation ? That could still take quite a while. sionwith Russia in theKremlin’seffortto tilt claimed, then this should have reflected in that it did. It is evident that demonetisation
Thequestionoftiminghasbecomeincreas- the 2016 election in his direction – an investi- the vote shares for the BJP in elections held was not a big negative to pull down the
If Mr Trump goes ahead with his plan, it will perhaps be the ingly urgent, given the heightened danger gation that could end in a charge of conspir- immediately after demonetisation.In other BJP’s support base but that is not the same
most significant step in the recent past to upset the fragile peace that the US will deliberately or accidentally acy.Andthatincreasinglybizarrebehaviour words, more people should have supported as saying that it helped the BJP win elec-
end up in a war with North Korea. That risk, came even before the news broke, on Decem- the BJP after demonetisation than before. tions and hence it is a political success.
process, a process that has a highly sensitive trip switch. News coupled with Trump’s increasingly peculiar ber 1, that Trump’s first national security Is this true? Too often, pundits come up with big nar-
behaviour,hasmadeWashingtonmoretense adviserandclosecampaignaide,retiredGen- There were 578 assembly constituencies ratives to explain electoral outcomes based
reports suggest that White House officials have reservations
than I’ve ever known it to be. eralMichaelFlynn,hadagreedtopleadguilty on a simplistic win-loss headline. This runs
about the move and it has been opposed by US allies and Arab DuringanOvalOfficeceremonytohonour toonecountoflyingtotheFBIinexchangefor the risk of drawing the wrong conclusions
Native-American heroes of World War II, he his cooperation with the investigation. THE ARGUMENT THAT and leading to false policy choices. Surely,
nations. Jordan, the custodian of Islam’s holy sites in Jerusalem, offended them by issuing a racist comment. IthasbeenspeculatedthatFlynnwillpoint DEMONETISATION IS A POLITICAL the lesson from demonetisation for politi-
has warned against such a move; and so have Saudi Arabia and He picked an unnecessary fight with the afingerathisson-in-law JaredKushner.But
SUCCESS FOR THE BJP IS NOT cal parties cannot be that risky, audacious
primeministeroftheUnitedKingdombyret- Trump’s earlier efforts to steer prosecutors and ill-thought-out economic policies are
France. But these are unlikely to figure in Mr Trump’s calculus. weeting a British neo-fascist group’s anti- away from Flynn were strong signals that VERY DIFFERENT FROM THE good political strategies. To call demoneti-
The shift will legitimise the whole of Jerusalem as belonging to Muslimposts.AndhecontinuedtobaitNorth
Korean leader Kim Jong-un, who seems
Flynn knows something that Trump desper-
ately hopes that prosecutors won’t find out.
ARGUMENT THAT MS DHONI’S sation a political success is inaccurate.
(Inputs from Ishita Trivedi)
Israel, which is not the case as Palestine’s claim to East Jerusa- equally unstable. Elizabeth Drew is a senior journalist and author SUDDEN RETIREMENT WAS Praveen Chakravarty is a political economist and
lem is yet to be settled. Since 1967, Israel has built dozens of settle- Trumphasalsobeenrevisitinghismenda-
cious claim about Barack Obama having not
The views expressed are personal
Project Syndicate 2017
A CRICKETING SUCCESS senior fellow, IDFC Institute
The views expressed are personal
ments in East Jerusalem, all illegal according to international
law, and a shift to Jerusalem would legitimise this.
Diplomatically, for Washington, it is a hare-brained idea Jaya Kumar approach and the effort we put in. We fail failure and have to start working on it. We
because we did not perform up to the mark shall realise that it is our failure that is
because it takes away a chip from the US’ negotiating table with As a human being, many of us feel disap- that we have set for ourselves. guiding us to follow the path of success.
both Israel and Palestine. In other words, it weakens the innervoice pointed whenever we face failure in our
lives. Sometimes a failure appears like the
We fail because the efforts we have put in
lack our hundred per cent; our best effort.
In the ultimate analysis, failure pro-
vides us with a golden opportunity to suc-
prospects of a peace deal and erodes US’ clout in West Asia. West end of the road to many people. Failure is Even if we slightly shift our focus, we suc- ceed in life. So, let us resolve to learn from
Asia is yet to recover from the effects of Islamic State’s terror,
and is seeing heightened Saudi Arabia-Iran tensions which are
FAILURE TEACHES bitter and success is sweet. But if we ana-
lyse it closely, we shall conclude that fail-
cumb to failure. Both failure and success
indeed depend on our approach .
our failures and stand up to face the chal-
lenges of life with determination and focus
peace in Jerusalem is the last thing the world needs now. LIFE LESSONS sons. It is ‘we’ who have to understand and
adopt the teachings of failure.
dedication. One should see failure as a life
lesson for further growth.
readers.
The views expressed are personal
Failure or success truly depends on our We have to think of the reasons for our n Innervoice@hindustantimes.com
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MANAGING EDITOR: SOUMYA BHATTACHARYA
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THE TRIBUNE
08 OPINION CHANDIGARH | WEDNESDAY | 6 DECEMBER 2017
C
AN the BJP be defeated in the BJP. A clear and consistent trend
Gujarat? Can the PM lose like this is usually not reversed in the
A prince reluctant no more this critical election in his last week of elections. Usually, it gets
home state? Can the intensified. So, from zero lead, the BJP
T
ILL a year ago, Congress Party managers would have their national political narrative undergo is likely to move a negative lead. In a
hearts in their mouth whenever Rahul Gandhi took up a polit- a sudden change? strange two-party contest, a four-point
ical cause. There was really no telling when he would do the I would have dismissed this specula- lead or more would be enough to give a
disappearing act. The worm it seems has turned. Rahul Gandhi has tion a couple of months ago. The BJP clear victory to the Congress. We must
been highly visible in Gujarat along with his social media team. His is not just a ruling party in Gujarat. It also note that pre-poll surveys tend to
tactically clever alliance with the youth troika of Jignesh Mewani, is as well entrenched in the state as over-estimate the ruling party. So, we
the Left Front used to be in West Ben- could be looking at a bigger margin
Hardik Patel and Alpesh Thakur has brought the elections alive. It
gal. The BJP has not lost a single elec- than we can project at this stage.
was time for him to step up to the plate.
tion here since its stunning victory in This headline projection is corrobo-
His political ascension does smack of the ingrained culture of enti- the Lok Sabha elections of 1991. It has rated by many other findings of this
tlement for the Gandhi family. But like Sonia Gandhi or his father managed to maintain a solid lead of survey. The approval ratings of the
Rajiv, his neck will be on the line as he leads the Congress charge. A about 10 percentage points over the Gujarat Government have fallen con-
Gandhi is expected to deliver for the Congress. Like him, his mother Congress in the five Assembly elec- sistently and have now crossed the
took up the reins when the party was at its nadir. She served unchal- tions since. The BJP’s dominance is TOO EARLY TO CHEER: Personality does not seem to be a key factor this time. danger line. Voters who wanted to give
lenged for 19 years because she delivered two Lok Sabha wins besides not limited to winning elections: it this government another chance are
adding several states to the Congress kitty. PM Narendra Modi recog- has established total control over meant electoral defeat for the ruling about 3,500 respondents from 50 con- now outnumbered by those who
nised an emerging challenge from a younger India by comparing the Gujarat society — from industry and party. But Gujarat was different, or so I stituencies spread all over the state. I don’t. Personality does not seem to be
change in the Congress to the Mughal dynasty saga. The backdrop to trade to cooperatives, media and thought. It is not enough for people to use this data, not just because I trust a key factor this time. The popularity
the PM’s acerbic observations is not just to paint his every opponent intellectuals. Its rival, the Congress, be resentful, disillusioned and even its record of capturing vote shares rea- ratings of the CM are pretty low,
as a Muslim appeaser. It has also to do with the competitiveness in contrast, has appeared the most angry with the government for the sonably accurately (with the exception though he is still ahead of all his rivals.
Rahul has injected in the Gujarat elections, a Hindutva pocket-bor- listless opposition imaginable. BJP to lose elections. The Congress of the recent Uttar Pradesh elections), Even the PM’s ratings and those of
So, I was somewhat inattentive to party of Gujarat looked like the perfect but also because this survey has made his government have dropped, though
ough, where the BJP had anticipated an easy walkover.
news from Gujarat. One more BJP opposition that the BJP could have public all its findings in a fairly trans- he continues to be the most popular
The Gujarat battlefield experience seems to have done wonders to
victory, and that too when the PM was asked for: without any vision, strategy parent way. (I was involved in the leader. Distractions like Hardik
the young Gandhi’s self-confidence; India of 2017 no longer appears as from Gujarat, was a foregone conclu- or a credible leader. I used to say to founding of the Lokniti-CSDS survey Patel’s CDs or communal issues have
loaded against the Congress as was in India of 2014. Winning and los- sion. When an early survey by the anyone who brought news of BJP’s team, but have had no association not had any salience. What this survey
ing are part of democratic way of life; it is the will to fight that matters, CSDS team in August projected a impending defeat from Gujarat: with it for the past four years.) also brings out is the real issue of this
and the young Gandhi has impressed one and all with his guts and massive lead for the BJP, it looked ‘Don’t tell me that people are unhap- The first round of this tracker poll, election: it’s all about economy. The
stamina. The prince is no longer reluctant to lead, even if the battle is unassailable. As in the case of the Left py. Tell me, are they so angry that they conducted in the first half of August, voters are concerned about unemploy-
uneven. The challenge before Rahul is to overhaul the party machin- Front, during its heydays in West Ben- would vote anyone to defeat the BJP? found the BJP enjoying a whopping ment and price rise, a euphemism for
ery in time for the 2019 elections. This requires fresh ideas, creative gal, its victory was no news. By the Would they vote even the Congress?’ 30 percentage points lead over the lack of purchasing power.
alliances and a recouping of the goodwill lost in the fading years of UPA same logic, its defeat would be an It’s not just this survey. Credible
rule. A tall order which no one is sure if Rahul will measure up to. earthquake. But then, earthquakes
don’t happen every day.
Something is changing in Gujarat. The Gujarati businessman is ground reports from Gujarat reinforce
this conclusion. BJP election rallies,
It is not that all was very well in angry, the farmer is weary. Price rise and jobs are the real issues, not including those of the PM himself, are
Gujarat. Everyone knows that the drawing very poor crowds. At the
famous ‘Gujarat model’ was a lot of
perceived ‘communal’ threat. The tables may just turn on the BJP. same time, those of Hardik Patel’s are
A star and a gentleman hype about some real, but modest,
achievements. Gujarat was, and con-
.
Now I think they might. It seems Congress. The report changed dra-
drawing big crowds. Farmers’ anger
in the wake of the latest crash of
Shashi Kapoor carved a unique path tinues to be, a middle performing the unthinkable might happen, just matically in the second round held in groundnut and cotton prices is palpa-
state on social indicators like educa- as it did for the Left Front. The most October, when the CSDS team report- ble, as is the sense of betrayal felt by
B
IGGER stars have dominated Bollywood, but Shashi Kapoor’s tion and health. This model has done likely outcome of the coming elec- ed that the BJP’s lead had come down Gujarati businessmen.
place in the annals of cinematic history is undisputed. A Dada particularly little for the farmers. The tions in Gujarat is a clear defeat for to just 6 percentage points. Was it an Can something still change? Mr
Saheb Phalke awardee, his achievements are multifarious, stel- state had witnessed very powerful the BJP and, consequently, a clear vic- erratic reading or a trend? The ques- Modi’s rallies do not seem to be re-
lar and not just limited to acting. The achingly handsome actor with farmer protests, even when Mr Modi tory for the Congress. tion has been answered by the latest creating the whole magic. What
was the CM. After Mr Modi’s ascent Let me hasten to add that this con- round held in the last week of Novem- about rigging? I am not among
his elfin smile could charm the birds out of the trees. Clearly, here was
to Delhi, things clearly worsened in clusion is not based on my subjective ber. The third round reports that the those who floated the EVM conspir-
a star whose charisma matched his gentlemanly nature and his artis-
Gujarat. Meanwhile, rural distress assessment or political preference. I lead is down to nil now as both parties acy theory during Punjab and UP
tic prowess. Born into Bollywood’s first family he not only carried the intensified. The government failed to draw my inferences from some of the are tied at 43 per cent vote share each. elections. In any case, VVPAT
legacy forward, but also added new chapters to its success story. provide adequate relief, or even fully surveys in the public domain, mainly To be fair, the CSDS team does not machines and random-matching of
He was not the leading actor of his time but led the way in more acknowledge, two consecutive a series of three ‘tracker’ polls by predict a BJP defeat. In fact, it proj- the slips with machine count should
ways than one. India’s original crossover star had acted in sever- droughts. For the past year, Gujarat Lokniti-CSDS team for ABP News. All ects 91-99 seats for the BJP, if elec- take care of that.
al Merchant-Ivory productions and his last memorable perform- has been in turmoil. three surveys have a decent and repre- tions were held last week. What would
ance was in a movie of the same genre. Shashi Kapoor began his Anywhere else, this would have sentative (randomly drawn) sample of happen on the polling day? The sur- yogendra.yadav@gmail.com
film journey as a child actor. After debuting as a hero in the 1961
film Dharmputra, he went on to act in over 100 films. However, if
Jennifer Kendal, his wife of 26 years, was his first and last love,
Letters to the Editor, typed in double space, should not exceed the 200-word limit. These should be cogently written and can be sent by e-mail to: Letters@tribuneindia.com
THE TRIBUNE
CHANDIGARH | WEDNESDAY | 6 DECEMBER 2017 OPED 09
T
HE forces which razed the Adityanath from the public glare. This is
Babri Masjid before my eyes a dangerous development with huge
on December 6, 1992, are in implications for the rule of law and free-
complete control of India dom of the press in a democracy. The
today. They have gone from handling of the Hadiya case also shows
strength to strength in 25 years since the which way the wind is blowing not only
demolition of the Ayodhya mosque in the Supreme Court but also across
which, according to the CBI, was the out- India today.
come of a criminal conspiracy hatched by
BJP-RSS-VHP-Bajrang Dal leaders. But ‘Khoon ka saudagar’
nobody has been punished in a quarter of
■ The Congress scored mega victories in 2004 and 2009,
a century. On the contrary, the perpetra-
tors have been handsomely rewarded but it did nothing to de-radicalise society infected by the
and given charge of the country. Hindu right or defang the killers of Gujarat pogrom of
2002 which was a sequel to the mosque's destruction.
There is, of course, a shade of divine
justice in the comatose existence of Lal ■ The Congress branded Modi Khoon ka Saudagar but
Krishna Advani — the unquestioned did nothing to bring him to justice.
leader of the Ram Janambhoomi move- ■ Some Supreme Court judges stepped in when they
ment — doomed to die in the doghouse. Kar sevaks belonging to the Vishwa Hindu Parishad and Bajrang Dal atop the disputed structure on December 6, 1992, the day the more realised that a massive cover-up was under way in
Only Bhagwan Ram, who is a stickler for than four-and-a-half-century-old shrine was pulled down in Ayodhya. FILE PHOTO Gujarat. They appointed a SIT, but it didn't deliver.
fair play, could have shrunk the Iron
Man into a mouse, thank you. sake, take a Hindu name, yaar," he whis- On the contrary, when the USA revoked Judiciary’s handling of case Hats off to former US President
But the Hindutva big guns who got off pered. I told myself that if I was going to Modi's visa, the Congress government No less worrisome is the higher judicia- Barack Obama for telling us on the eve
scot-free might well cut a Babri Masjid- assume a Hindu name, it had better be cried foul and lodged a protest! ry's handling of the Babri Masjid cases. of the 25th anniversary of the Babri
shaped cake today in Nagpur and Jhan- good. Ultimately, I wrote AK Ray on the The Congress branded Modi Khoon ka Earlier this year, then Chief Justice of Masjid's demolition that he had private-
dewalan to celebrate the silver jubilee of form along with the name of the maga- Saudagar but did nothing to bring him to the Supreme Court, JS Khehar, mooted ly told Modi not to split India on Hindu-
the demolition. They could also break zine I worked for in those days, The Illus- justice. Some Supreme Court judges an out-of-court settlement in the civil Muslim lines, particularly as the coun-
into a Jai Shri Ram jig just like those trated Weekly of India. AK Ray is pho- stepped in when they realised that a mas- case (or the title suit to establish try's Muslims clearly identify
lawless kar sevaks of Ayodhya. Debabra- netically similar to the Bengali words 'E sive cover-up was under way in Gujarat. whether Hindus or Muslims are the themselves as Indians above everything
ta Thakur of the Anand Bazar Patrika, ke ray' — or 'who is he'. The Bengali jour- They appointed a SIT, but it didn't deliv- legal owners of the land where the else. This is welcome news at a time
who witnessed the demolition alongside nalists gathered in Ayodhya compli- er. In The Fiction of Fact-Finding: Modi mosque stood) abdicating his responsi- when Indian Muslims are under siege
me, mastered the Jai Shri Ram dance mented me for that touch of irony. and Godhra, Manoj Mitta writes that "it bility to mete out justice to the and are getting killed on any pretext.
number in the volatile days preceding seemed as if the SIT panel's brief was aggrieved Muslims. And now the apex After helplessly watching the Babri
that terrifying black Sunday when the Congress govt’s failure more to place Modi's defence on record court wants to hear the title suit on a Masjid's demolition, I was naturally
mosque was reduced to rubble within a The Gujarat pogrom of 2002 was defi- rather than to ferret out any inconsisten- day-to-day basis from December 5. The worried about the safety of my 15-
few hours in broad daylight. nitely a sequel to the mosque's destruc- cy or admission of wrongdoing." Sum- tearing hurry makes no judicial sense. month-old son. The last para of my
But Debabrata enjoys a special place in tion. Both were the outcome of a crimi- ming up Modi's triumph over India's In fact, the criminal case, or the demoli- report, "Brick in the Wall", published in
my Ayodhya memories for an entirely nal conspiracy by the same forces. fact-finding capacity, Mitta wrote: "When tion suit, should be tried expeditiously the Illustrated Weekly, read: "I left Ayod-
different reason. The VHP, which con- Although the Congress party scored two the right questions are not put, there will to identify the criminals who razed the hya angry at my own impotence. The
trolled Ayodhya in the run-up to the mega victories in 2004 and 2009, it did be neither the right evidence nor the mosque. If the title suit is fast-tracked symbol of my own potency, my son, was
demolition, had made it mandatory for nothing to de-radicalise Indian society right conclusions." and Hindus win the case, then the dem- in Calcutta hundreds of miles away.
journalists to fill in forms for a 'press infected by the Hindu right or defang Shabnam Hashemi openly says that olition will be seen as "justified" to Where did he belong? And wherever
card' to cover the kar seva on December the killers of Gujarat, even as it denied the Congress actually helped Modi to reclaim their own property. that was, would he ever be safe?"
6. The cards were issued by a VHP media justice to Muslims in Congress-ruled win the Gujarat elections of 2012 so that As Hindutva forces become stronger, After studying in Kolkata’s St Xavier's
centre where I was handed a form. I was states like Maharashtra. Manmohan the BJP would field him as PM candi- there is an alarming new tendency School and Presidency College, he did
filling it in when Debabrata pulled me Singh's government miserably failed to date in 2014 which would force Muslims among judges to stop the media from his Masters from London's School of
aside and said that the kar sevaks would- harness the law enforcement agencies across India to vote en masse for the publishing court proceedings in cases Oriental and Asian Studies. And accord-
n't spare me if the card pinned to my and the judiciary to nail and jail ringlead- Congress. I don't put such machinations where its leaders are in the dock, ing to the young man, it's easier to be a
chest had a Muslim name. "For God's ers like Narendra Modi or Bal Thackeray. past the Congress. whether it is Amit Shah in the 2005 Muslim today in England than in India.
Vishavjeet Chaudhary
Rohingya saga: India on trial
serious matter and one that needs to be comparatively new country, we have,
OP Jindal Global University, Sonipat
The Rohingya enjoy the substantiated with robust evidence. time and again, shown that we value the
fundamental right of life that Interpretations of the Constitution of
India say that it, in some ways, divides the
core principles of our Constitution, and
that of humanity. Even in face of acute
is guaranteed qua human
D
RIVING through the national population into two. The first category is criticism, values of fair trials, fair oppor-
capital offers a glimpse of the that of 'citizens'. These, by virtue of being tunities and equality have been upheld.
rich, diverse India. This India and is no-derogable. citizens are guaranteed all the rights guar- This, along with strong foundations has
has, as its core, displayed an anteed under the Constitution. Their kept our democratic structure alive.
exceptional culture of welcoming. Areas
Persecution back rights are mostly non-derogable, except in The world order is fast changing.
like the Tibetean Market, Chitaranjan
Park and Punjabi Bagh, among others,
home means deportation some circumstance, like in an emergency.
The other category is that of inhabitants
India has made a mark on the world
stage in all spheres. The recent elec-
stand testimony to India's embracing will mean that this who are non-citizens. They enjoy limited tions of the International Court of Jus-
past. These parts have certainly become rights, as compared to citizens. However, tice showed our commitment to mould-
an integral part of the fabric of modern right is violated. the rights they enjoy are guaranteed qua ing and advancing international
Delhi. Similarly, figures like the Dalai . human. The fundamental right of the jurisprudence at the highest level. As
Lama, Taslima Nasrin and many others ing before the Supreme Court. The gov- right of life is one such right. Whilst the one of the fastest growing economies
have been welcomed to India, some- ernment has said that it plans to deport Rohingya populations are not citizens of and a leading player in the Common-
times even at the cost of hostile relations these immigrants. However, the court is the country, by virtue of being present wealth, our responsibility has become
with our neighbours. yet to give its decision. within the country, they enjoy these even more onerous - both to our citizens
The Rohingya crisis has brought The situation requires the country to rights. As a state then, we are obligated to and non-citizens. Our responsibility
India at cross-roads- whether to provide dovetail between national interests, provide for this right. Persecution back cannot be confined by bounds, simply
protection to those who have crossed international commitments and consti- home means deportation will mean that of nationality. The rights of all in India
the border to enter India or to deny tutional obligations. It has been said this right is violated. have to protected as a matter of princi-
SEEKING AID: Rohingya Muslim refugee from Myanmar at a them rights to stay within the country that the Rohingya pose a threat to Perhaps more importantly, as a coun- ple. The protection of these rights
makeshift camp in the outskirts of Jammu. AFP FILE PHOTO and deport them. The matter is pend- national security. This is, of course, a try, India has been welcoming. Being a reflects on our rich heritage.
13 Yacht, 14 Pier, 17
THE new order of the British Empire the first appointments to
which have just been gazetted, has been created by His Majesty the
Considerably, 20
Kindergarten, 23
4 3 9 Chandigarh 24
New Delhi 21
11
12
King-Emperor to recognise the services of individuals in war work. Meek, 24 Rouse, 25 PUNJAB
His Majesty who has set an example to the whole Empire and has Snap, 28 Antelope, 6 8 9 Amritsar 24 06
stood at the head of activities of various nations comprised therein 29 Devour, 30 Bathinda 24 08
will as in the case of other orders be the Sovereign of the order and
under him will be Knights Grand Cross and Dames Grand Cross,
Evermore, 31
Wonted.
3 5 1 7 Jalandhar 25 06
Ludhiana 24 08
Knights Commander and Dames Commander, Commanders, Offi-
cers and members. The appointments now notified include the hon-
Down 4 9 3 Patiala
HARYANA
24 10
1 Laid-back, 2
our of Knight Grand Cross and Dame Grand Cross conferred respec- Reticent, 3 Lime, 5 Ambala 24 11
tively on Their Excellencies Lord and Lady Chelmsford who stand Psychiatrist, 6 Real, 4 5 8 Bhiwani 24 11
at the helm of all war activities in India as a recognition of the 7 Trivia, 8 Dreary, Hisar 25 10
immense work done by them in the cause of the Empire. The former
recognition has also gone to a number of Ruling Princes, their High-
11 Eavesdropper,
15 Digit, 16 Bleak,
3 5 9 1 Karnal 24 11
Sirsa 24 08
ness the Nizam and the Maharaja of Mysore and Scindia, and others. 18 Stand out, 19
Inspired, 21 Impale, 5 4 HIMACHAL PRADESH
Dharamsala 16 07
All-India Temperance Conference. 22 Mettle, 26 Slam,
Manali 13 02
WE understand preparations for the holding of the All-India Temper-
27 Veto. Yesterday’s solution calendar Nahan 19 10
ance Conference at Calcutta on Christmas next are going on apace and 2 4 8 9 6 7 5 3 1 December 6, 2017, Wednesday Shimla 14 06
that we may look forward to a highly successful session. Rev. Herbert ACROSS 19 Lose power (4) 5 Without others’ knowledge (8) ■ Vikrami Samvat 2074
9 1 5 8 4 3 2 7 6 ■
Solan 20 05
Anderson, a highly respected leader of the Temperance movement Shaka Samvat 1939
1 Inevitably (2,9) 22Unsuitable (5) 6 Prolific (7) 7 3 6 5 1 2 4 9 8 ■ Marghshish Shaka 15
JAMMU & KASHMIR
and an indefatigable worker in the cause is Secretary of the Reception ■ Jammu 23 07
Committee and Mr. W.R. Gourlay, C.I.E., I.C.S., has been selected as 9 Permanent (7) 23Pariah (7) 7 Comradeship (11) 8 5 4 1 9 6 7 2 3 ■
Marghshish Parvishte 21
10Encourage (5) 24Available for purchase (2,3,6) 8 Inventiveness (11) Hijari 1439 Leh 08 --13
chairman of the Committee. We believe this is the first time in the his- 6 2 3 7 8 4 1 5 9 ■ Krishan Paksha Tithi 3, Srinagar 13 --04
tory of this purely non-official movement that a distinguished mem- 11 Female relative (4) 13 First-rate (3-5) up to 10.19 am
1 9 7 2 3 5 6 8 4 ■ Krishan Paksha Tithi 4, up to UTTARAKHAND
ber of the Indian Civil Service which runs the machinery of the 12 Transitory (8) DOWN 15 Ship’s master (7) 7.16 am Dehradun 22 09
administration and is responsible for the working of the Excise 14 Fix securely (6) 2 Pretend (5) 17 Tell (6) 4 7 1 3 2 8 9 6 5 ■ Shukla Yog up to 3.55 pm
Mussoorie 14 04
Department has been selected to act as its spokesman. 16 Watchword (6) 3 Discharge (4) 20Rapidly (5) 5 8 9 6 7 1 3 4 2 ■ Punar Nakshatra up to 9.57 pm
■ Moon enters Cancer sign at 4.32 pm Nainital 12 05
18 Interpretative performer (8) 4 Swallow up (6) 21 Excite (4) 3 6 2 4 5 9 8 1 7 ■ Shri Ganesh Chaturthi Vart TEMPERATURE IN OC
https://t.me/TheHindu_Zone https://t.me/pdf4exams
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8 EDITORIAL HYDERABAD
India’s plural soul
An assassination, a demolition and a portrait’s unveiling together spelt the polarisation of India
for India insisted, through its Con For polarisers, better than a
stitution, its laws and public policy temple built is a temple that is
GETTY IMAGES/ISTOCKPHOTO
Savarkar’ dream remained un motivated.
realised until the unveiling of the December 6, 1992 is not a fading
T
he Centre has moved swiftly to notify the presi
T
he partitioning of India portrait. That completed the trip date in history; it is marked ochre
dential order setting up the Fifteenth Finance
broke us, shamed us. It is es tych. red in the future calendars of the
Commission, within ve days of the Cabinet’s ap timated that nearly two mil The unveiling in Parliament Hindu Rashtra. For those who
proval. The constitutional body is tasked with recom lion were slaughtered during the House did three things. First, it hailed it, the 25th “anniversary” of
mending a scal road map and a sharing of resources weeks around Partition, almost no placed against the Indian Republic the demolition promises future
between the Centre and the States. On Monday, former Muslim surviving in East Punjab a conceptual alternative — Hindu sport. For those who were aghast
Revenue Secretary N.K. Singh, who has been appointed and no Hindu or Sikh in West Pun owed allegiance to the concept of ra. And on that day, Hindu muscle Rashtra. Second, it made demoli by it, it promises future struggle.
chairman of the Commission, held preliminary discus jab. About 7.5 million Muslims left a Hindu Rashtra. Its aim was three power asserted itself. Watched by tion the exact corelative of con The struggle to keep polarisa
India for the newly formed state of fold: punish, by murder, one who unwitting, unsure or captive se struction. Third, it made Veer Sa tion at bay will be unrelenting for
sions on its “wideranging” terms of reference and de
Pakistan and about 7.5 million Hin believed India to be the home of niors of the Bharatiya Janata Party varkar, the precise opposite the memories of Partition and the
cided to hold expeditious consultations with stakehol dus trekked to the new India from all the faith traditions in it, reverse (BJP), and with a police force un number of Mahatma Gandhi. And mayhem of terror will keep churn
ders at all administrative levels as well as with political Pakistan. Both sets of displaced Gandhi’s idea of “Ishvar Allah Tere able or unwilling to intervene, thereby, his peer, alternative and ing up hate, fear. Bigots face each
parties. Think tanks and academics will be consulted. persons were seeking the security Naam”, pronounce the primacy 1,50,000 delirious Hindu kar se equal. It juxtaposed the Two Na other, unblinkingly. Their bigotry
The Commission has less than two years to complete its of a religious majority, their and power of Hinduism in India. It vaks brought the mosque down. tions theorist against the One Na feeds each other, untiringly. The
deliberations and submit its report by October 2019, majority. was meant to tell the Muslims of In the rubble lay all hope for tion preceptor. higher the Hindu bigotry in India,
giving the government a little over a quarter to consider Gandhi’s scorching presence, India that they were here by leave HinduMuslim concord. In it lay the happier the Islamic zealotry in
the new government’s unwavering of the Hindus and that all talk of shattered Muslim trust in India’s An agenda at work Pakistan. Polarisation is their com
and implement its recommendations for the period
commitment to pluralism and the HinduMuslim unity and equality secular future. And in it lay tat The assassination, the demolition mon nourishment.
from April 2020 to March 2025. Accepting the 14th Fi humanity of millions of ordinary was sentimental and meaningless. tered, the Constitution’s guaran and the portrait’s unveiling, to But hate and fear are not a nor
nance Commission’s recommendation to raise the people saved the tragedy from be Gandhi’s killing traumatised the tees about the freedom of religious gether, go to spell a long word with mal condition; fanaticism not a
States’ share in the divisible pool of taxes to 42% from coming a cataclysm. country. It devastated Muslims in belief. a short agenda: polarisation. natural emotion. Plain common
the previous 32% level, Prime Minister Narendra Modi India. Who would, hereafter, be its The broken stones said more: The ghastly terrorist attacks in sense and Gandhi’s miraculously
had told Chief Ministers that although this meant less The triptych of an agenda rakhvala (protector)? Nehru said Here rises, at long last, they pro Mumbai of 1993, in Parliament stillalive spirit have staved o
money at the Centre’s disposal, his government had de After that traumatic year, three that evening: “The light has gone claimed, Veer Savarkar’s dream of House of 2001 and again in Mum communal frenzy. Never more ef
dates, three events, shook Indian out of our lives and there is dark a Hindu Rashtra. bai in 2008 may or may not have fectively than when bloodthirsty
cided to strengthen the States’ capacity to move away
pluralism again. Gandhi’s assassi ness everywhere.” For India’s India partitioned was now India been retaliatory for Ayodhya. I be terrorists sought to mutilate life in
from a ‘onesizetsall’ approach. While Mr. Modi’s dis nation — January 30, 1948; the Ba Muslims who had said “no” to Pa polarised. lieve the attacks would have hap Mumbai in 1993 and then to maim
dain for Central planning is wellknown, the terms of re bri Masjid demolition — December kistan and stayed back in India be Savarkar’s spirit must have felt pened, Ayodhya or no Ayodhya. the House of India’s Parliament in
ference for this Commission seem to suggest that the re 6, 1992, and the unveiling of V.D. cause they had faith in Gandhi’s more than fullled. For such is the blind bloodlust of 2001. All of India could have erupt
cord hike in the tax transfer rate to States is pinching. Savarkar’s portrait in Parliament India, that darkness was real. terror, such the radicalisation of ed then into communal frenzy, but
The Centre has urged the Commission to nalise its House — February 26, 2003 Along with the light, the oxygen of Moving over to Parliament unemployed, callow youth in Pa it did not. Likewise, when Gujarat
taxdevolution formula after factoring in the impact on The rst of these three saw a be condence in the air ed, too. A decade later, the BJP in power at kistan. And such the mutually 2002 could have spread, but did
liever in the criticality of India’s Several years and countless Hin the Centre, decided that for Savar nourishing agenda of polarisation. not.
the Union’s scal situation, keeping in mind “the conti
pluralism being put to death. The duMuslim riots later, the un kar’s fullment to be complete, That agenda, as I said, remains The India of Asoka, Akbar,
nuing imperative of the national development pro second witnessed a preeminent healed wound on India’s plural due ceremony was in order. It de at work. The Ayodhya dateline Gandhi, Nehru, Ambedkar is
gramme including New India – 2022”. Taken together Islamic monument reduced to ethos was violently cut open once cided to place in Parliament Hous etched hate, stretched fate — the strong but pinioned under the
with its need for resources for essential spending in rubble. The third valorised a man again. e’s Central Hall, along with por fate of secularism — to its limits. It blades of the Two Nations theory.
areas such as defence, security, infrastructure and cli who believed India was meant to traits of the Greats of India’s continues to do so. It is for the inheritors of their India
mate change, the Centre seems to be seeking a rollback be a Hindu Rashtra. The rst was Another dateline freedom struggle, a portrait of this The demolition in Ayodhya was to match the datelines of hate and
of the 42% share for States. The government’s top brass murder, the second vandalism, Ayodhya, December 6, 1992 is a freedom ghter as well. Savarkar the rst step. Like a bhumipuja. the fatelines of death with the life
has repeatedly asserted the need for revenue to main the third a celebration. dateline, a hateline, a fateline. was, of course, a ghter for India’s The second step is the building of line that Gandhi made from the es
Those three form a triptych. Babri Masjid, the 16th century freedom. On his terms, in his own the temple. The third, its conse sences, the intangible susman of
tain public spending in the face of ak for high petro
All three occurrences singed In mosque was built spitefully, it is light. With Mohammed Ali Jinnah, cration. And there will be as many his belief that India is One Nation
leum taxes. But a reduction from the 42% rate could dia’s plural soul. said, on the exact spot in Ayodhya, also a freedom ghter according to more steps as the rites of polarisa and Ishvar Allah two names,
dent States’ faith in the Centre’s claims of cooperative Their “work” is still on. It is still where Rama was born. In fact, the his own terms and his own lights, tion require. among other ones, for the One.
federalism. The rollout of the goods and services tax, aecting ways of thinking, acting, pious say, a temple stood where Savarkar believed that Hindus and The building of a Ram temple at
which marks a new chapter in tax administration with reacting. the mosque came up. The mosque Muslims formed Two Nations. Jin the site of the Masjid is not going to
both the Centre and States working together through The assassination was a careful had, over the years, become a con nah realised his goal with Parti be easy. But keeping the idea of Gopalkrishna Gandhi is a former
the GST Council, makes the challenge trickier. The ly planned plot by people who tested site, a Hindu v Muslim akha tion. Savarkar did not, could not, that building alive is all too easy. administrator, diplomat and Governor
Centre is committed to compensating States for any re
venue losses arising out of GST implementation till June
2022, thus covering nearly half the period for which the
Commission is to recommend a formula. Its mandate
Of crime and punishment #
includes formulating performancelinked incentives for Low conviction rates and a lack of a lawful denition of crime mark criminal administration in India
States on a range of desirable outcomes such as attain
ing a replacement rate in population growth, deepen gesheets led in 4,371 cases (32%); are also systemic issues. Despite count for more than a third of all
ing the GST net and improving the ease of doing busi in Mumbai with 5,128 crimes re the recommendations of Law cases. The criminal justice system
ported against women, nal re Commissions and the Supreme should be limited to crimes under
ness. Devising a scal nudge for development goals
ports were led in only 15% of cas Court, as well going by experience the IPC, while enforcement of ad
sounds attractive, though the challenge would lie in es. The key statistic of police in the developed world, we do not ministrative law and social legisla
quantifying the good from the ugly — especially when performance is not merely correct have separate wings for investiga tion requires a dierent approach
one has to reward a State for showing ‘control or lack of mukul sanwal reporting and recording but char tion of crime and for law and or involving summary trials, chang
it in incurring expenditure on populist measures’. gesheets and convictions, as this der. Related to this reform is the ing societal attitudes and modes of
GETTY IMAGES/ISTOCKPHOTO
P
olice reform in India has impacts on criminal behaviour. debate whether the police is a behaviour. For example, in Britain
been concerned with politi functional “service” based on parttime lay judges outnumber
S
hashi Kapoor made his debut as a hero well into
National Crime Records Bureau pending for examination. Over ational responsibility. For exam police, has discretion on whether population is awaiting trial and
Hindi cinema’s Golden Age in 1961 with Yash Cho
(NCRB), “Crime in India 2016”, 5,000 are DNA samples. Delays in ple, ‘the Mayor of London is res to press charges as they involve ad half the number of undertrials are
pra’s Dharmputra. The story of a Hindu family which was released recently, pre this crucial evidence, which plays ponsible for setting policing judication. Years ago, the Law normally acquitted. Over 80% of
bringing up an illegitimate Muslim child, it brought the sents a dismal picture of the key an important factor in acquittals, priorities that will hold the Met Commission had suggested a di prisoners are sentenced to terms
ghosts of Partition to the fore and underscored the ne performance statistic with only are a setback as samples deterio Police Commissioner to account. rectorate of prosecution indepen less than three months, 40% are
cessity of addressing the trauma, violence and bigotry 47% convictions in Indian Penal rate with time. Consequently Del Operational decisionmaking on dent of the police to guide investi under 30 years old, semiliterate
that arose out of that ssure. In time, Chopra would Code (IPC) crimes at the national hi has a conviction rate of only daytoday policing remains the gation. and convicted under special and
cast him in Waqt, among the rst multistarrers and level. 21%, 24% and 30% in cases of kid responsibility of the Metropolitan Second, there is still controver local acts. Criminologists now feel
Delhi provides an interesting napping and abduction, rape and Police Commissioner. The Police sy over which kinds of conduct are that shortterm sentences expose
which marked the start of another, splashier era in Hin
case study, where there is no polit murder, respectively. and Crime Plan 20132016 has best controlled by the application such prisoners to criminal indoc
di lms. It would seem that Kapoor, with his crooked ical interference and the Police The Delhi Police website says clear performance measures that of criminal law and which kinds by trination in jail and social condem
toothed good looks, amiable manner and acting skills Commissioner reports to the Lieu that it is perhaps the world’s lar focus on results such as 20% re other means. nation on release, with a strong
that would never outpace the demands of the lm at tenant Governor, and not the Chief gest metropolitan police force and duction in key neighbourhood For example, special and local case for greater reliance on com
hand, had always been around. The youngest son of Minister. With a population small arguments that Delhi accounts for crimes, 20% reduction in delays in oences account for as much pounding, probation and parole.
Prithviraj Kapoor, after Raj and Shammi, he would also er than Mumbai, it has two times 38% of the total crime under the the criminal justice system, and crime as under provisions of the The main purpose of criminal
nominate himself as the inheritor of the family’s theatre the number of police stations. Yet, IPC because of its migrant popula 20% reduction in reoending by IPC, with nearly 60% of cases un administration should be the pre
legacy. For all the easybreezy romancing of his big in Delhi, while 1,90,876 persons tion are a simplistic explanation. young people leaving custody. The der liquor and narcotics oences vention of crime, and the police
were sent to trial last year, there Delhi accounts for ve times the plan was based on extensive con at the national level. Causing sim cannot be an instrument of social
budget lms, he widened his canvas, becoming the rst
were only 9,837 IPC convictions in IPC crime when compared with sultation which included town hall ple and grievous injures under change. Administrative measures
successful crossover actor with roles in, say, Merchant the year. In Delhi only 58% of Mumbai, and 33% of violent crime meetings, additional stakeholder rash driving accounts for 11% of and nes levied by honorary and
Ivory productions (The Householder, In Custody), and those arrested were chargesheet in metros when compared with forums, focus groups and an on IPC crimes; theft also accounts for executive magistrates will change
producing landmarks such as 36 Chowringhee Lane. ed, while in Mumbai, more per 13% in Mumbai. Crime prevention line survey. 16.6% of IPC crime at the national behaviour better than penal ac
Through it all, his body of work was held aoat by an sons were chargesheeted than is aected by conviction rate, beat level. tion.
underlying spirit of progress, inclusion and innovation. were arrested for IPC crimes. In patrolling, and by the police and Unresolved issues For Delhi, half of theft cases in
Like Raj Kapoor, he set up a production house. Ho Delhi, 13,803 crimes against wo community working together. In addition to those related to volve motor vehicles. Cases relat
men were reported and no char There is a need to distinguish roles and responsibilities, there ed to liquor and motor vehicles ac Mukul Sanwal is a former civil servant
wever, unlike the more mainstream RK Films, Film Va
las was all about providing support to alternative voices
and indie cinema, much before the term was even
LETTERS TO THE EDITOR Letters emailed to letters@thehindu.co.in must carry the full postal address and the full name or the name with initials.
coined. It was a rare, seless gesture from an industry
insider for those on its fringes. In a way, it was a private Rahul’s elevation and present. The Congress been into active politics for a “A tool kit to think local”, A movie icon actor, a thorough gentleman
version of the government’s National Film Develop Congress vicepresident party also has to give us a while now, and with mixed November 27). While the The passing of Shashi Kapoor and the perfect family man.
Rahul Gandhi’s conduct, long account about its tall results. It is strange that the study describes three types is sad. He will be long C.B. Tripathi,
ment Corporation and, despite incurring huge losses, it New Delhi
especially while on the promises to abolish Prime Minister should of risk factors for major remembered for his lms
delivered landmark lms like Shyam Benegal’s Junoon electoral trail in Gujarat, poverty, uplift the ridicule the political diseases in India, it does not such as “Junoon”, “Deewar”,
and Kalyug, Aparna Sen’s 36 Chowringhee Lane, Govind shows that he has much to downtrodden people, development in the Congress mention tobacco use, “Kabhie Kabhie”, “Trishul” ■ With the passing of Shashi
last him would surely have given him the greatest joy. account for in Congress can always approach the about preventing premature DR. Gajalakshmi Vendhan, In the world of Bollywood, more letters online:
governed States, both past judiciary. Rahul Gandhi has deaths in India (OpEd page, Chennai Shashi Kapoor was a rare www.hindu.com/opinion/letters/
https://t.me/TheHindu_Zone https://t.me/pdf4exams
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THE HINDU
WEDNESDAY, DECEMBER 6, 2017
HYDERABAD
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OPED 9
THE WEDNESDAY INTERVIEW | T.C.A. ANANT
before the GST was launched ments that have been made the negative eect is con sions, the quantum of the da year. Many expenditure
and the Q1 estimates. There saying that this growth bump cerned on account of neglect ta available, did not change management committees
was a lot of colloquial evi is because of restocking are of this channel of credit. very dramatically. This is a have pointed out that the
dence that suggested that essentially trying to under Further, the demonetisation problem which we are going earlier tendency of delayed
<
> GST is going to give
rms were clearing invento mine the boost that would quarterly index. Formally, if With more than three story is more complicated to face again in the future as bunching expenditure in the
ry because of the issues in ordinarily happen on ac you look at the GST form, ev us a database about quarters worth of data, can than just the cash change sto we get new data sources last quarter is very bad for
volved with the tax treat count of production for the ery producer of a good or the economy which you now estimate the eect ry. There is a larger narrative coming in. GST is going to both the quality of expendi
ment of goods produced festive season. This time, service makes his payment is qualitatively very of demonetisation? hidden behind it in trying to give us a database about the ture and scal management.
prior to the GST rollout and that production has been and also gives some details dierent from promote digital transactions. economy which is qualita There were a number of
selling products manufac compressed into a single about the production which ■ You can’t quantify the ef What those impacts are go tively very dierent from recommendations about
anything we had in
tured preGST in the post quarter, so the boost was in is subject to tax. From that, fect of demonetisation yet. ing to be, we are still trying to anything we had in the past. how the government should
GST regime. The only statisti fact larger. The restocking you can draw conclusions.
the past. To quantify what demoneti see. What you do see is that It will give us, for example, a better manage its expendi
cal evidence that is available boost will probably happen We should be able to do this sation did or did not do, you the trajectory of digital tran transactional relationship ture so as to minimise the
— because we don’t really get later, which means the at sooner rather than later. ■ GST opens up a lot. In addi would need to do a proper sactions has changed. There across the country which we amount of expenditure that
data on inventories in any tempt to say this is just a one But, even with GST, you tion to aggregates, you will exercise where you would is a bump up which you got did not have earlier. We will takes place in the last quarter
detail at this stage — is in the o is not looking at the data. are not going to get the infor also get data on interState have a counterfactual com in digitalisation, which you be able to build it into our and last month.
company lings which were mal sector in that sense be transactions which was pre pared to the postdemoneti would not have got but for GDP compilations and im One consequence of this is
made available for Q1. There, What more can be done to cause the entities who will be viously not available. This sation exercise. Statistically, this. That has sustained. And prove its quality enormously. that, during the year, the s
the change in stock gures capture data of the informal ling this regular monthly re will give us a much better that will not happen for that is a good 810% increase. But for somebody who asks cal decit is going to rise be
was sharply negative. sector? turn will be the larger com picture of a spatial spread of some time because you will for a back series on this cause the revenue prole has
In manufacturing compa panies, not the informal sec economic activity. We as need long enough time series Since the release of the new methodology, the answer is not changed due to this ma
nies, the change in stocks ■ The informal sector is de tor. We will get fairly quick sume at the moment that to generate counterfactuals series of GDP data, the not going to be easy. nipulation of budget dates.
gure is negative for Q2 as ned as that part of the eco disaggregated data for the when manufacturing has and do the comparison. government has received This is something that it is The government has made
well. The way I am interpret nomy where the establish larger entities from the GST picked up, it has picked up It is important to note that criticism regarding the back important to recognise. some eorts to push the re
ing the number is that it is ment does not maintain database. Insofar as the uniformly all over India. That all that demonetisation con series of the data sets using When you modernise a sta venue prole back by chang
suggesting that closing stocks regular accounts. It is infor smaller companies are con is really an assumption, be stituted was less than a two the new computation tistical system and bring in ing the advance tax rules.
at the end of Q1 were not sig mal because it is not subject cerned, some things will be cause we don’t know what quarter period in which methods. By when can we new ways of capturing data Some of that was done this
nicantly larger than the to most of the traditional possible with the data from has happened. What GST there was a currency expect this to be released? which did not exist in the year too, but those eects
opening stocks at the begin ways in which you can cap the composition scheme da will allow us to do is get a squeeze. By and large, large past, not simply updates of will be small. By and large,
ning of Q1. How does one ex ture data. GST will certainly ta, but it won’t be as granular spatial perspective on this. entities did not show much ■ The Ministry of Corporate the old data, the problem of the revenue prole would re
plain this? Very likely, most capture a lot more monthly as you get in the noncompo And our understanding from of an impact, as revealed in Aairs (MCA) gave us a much backward projection is much main the same as last year
companies draw down their data. And we are looking at sition scheme GST data. But other areas, wherever we corporate lings. Then eve bigger picture of the corpo more dicult. This is so but the expenditure prole
inventories during the festive the GST forms very closely. for the informal sector, the have good spatial data, is that rybody said that this will be rate structure. The earlier mething that timeseries eco has changed, so the logical
season and maintain an in We had earlier started an ex principle source of data is here are spatial divergences taking place in the informal data that we had about the nomists will have to live with. implication is that the scal
ventory balance in the slack ercise with the CBEC [Cen through establishment sur in India. You may well nd sector. Not because there corporate structure is what decit will rise at this stage.
season, partly to smooth tral Board of Excise and veys. Regular establishment that the pickup has taken was any data for it, but be we had from the listed com How worried should one be The surprise it generated be
production out. Customs], but that coverage surveys, as recommended by place in X band of States and cause there must be an ef panies. The problem we face about the Centre’s scal fuddled me.
My reasoning is that this was much less. We are now the taskforce under [Arvind] not in Y band. That sort of in #
fect, and if it’s not in the for is of using the longer series of decit numbers? The question is, will the
time, because of GST, they looking at the same exercise Panagariya, will help here. formation will be very useful mal sector, it must be in the data on listed companies and government meet its revenue
would have postponed the with GST to see if GST report to the policy establishment informal sector. Fair enough. deriving a growth pattern for ■ A lot of people have picked targets. Nobody has made
production to Q2. So it is ve ing can be used to compile a So, GST opens up more data when they start looking at But the problem is that the the full corporate structure on the CGA report saying any analysis so far to suggest
ry likely that Q2 production more uptodate monthly or for policymaking? GST data more closely. informal sector is certainly from it. This is analytically a that the scal decit is 96% that it won’t.
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economy was automatic on the completion of 15 years of its of hell, where people who or anecdotes. My short in cally illiterate, he ap long will 50,000 last?” he DATA POINT
WTO membership in 2016. Several nations have endorsed sin during their worldly teraction with one such proached the BJP oce responded. Later, thank
China’s position in return for bilateral cooperation in trade lives will be tortured for stranger provided me all but was chased away by fully a young Dalit BJP
and investments in infrastructure projects. In support of eternity in their afterlife, is that, but little did I know the guards, who were per worker agreed to provide
that contention is a WTO appellate body’s 2011 ruling that inconsistent with the usual that a faceless name I had haps put o by his rags. A him shelter for the night.
the protocol to Beijing’s accession did not provide for the conception of God. Several skipped over while writing diehard BJP supporter, I had reported the train
country to be treated dierently by other member states for atheists argue that a God a report in the past would Gupta was hurt by this: “I accident from the ground
an indenite period. who is said to be kind and encounter me in person. voted for Mahendra Nath but I realised that a year
The alternative interpretation draws upon subclauses of benevolent towards all hu I rst noticed Umrao Pandey [BJP U.P. presi later, the victims and their
Section 15, which stipulates conditions when importers may man beings would not con Gupta sitting alone at a tea dent and Chandauli MP]. families were forgotten. It
rely on Chinese prices, or take recourse to a dierent meth demn souls to eternal tor shop outside the BJP oce He is not in town today. was a moment of regret
odology to impose antidumping taris. Section 15(1)(i) plac ture in hell just because in Lucknow. I engaged in But these guards won’t for me as the accident had
es the onus on Chinese rms to prove that they were operat they do not believe in the friendly banter with the even let me sleep here for slipped my mind too.
ing under conditions of a competitive market economy in existence of God. Others, tea stall owner, while shar one night. Of what use is Last year, on November
the manufacture and sale of relevant products. If they fail to like novelist C.S. Lewis, ing occasional eye contact their fancy building?” He 22, the same day I met
do so, the Section provides that importing states would be have argued that the con with this old stranger, who fondly recalled how form Gupta this year, Samajwa
entitled to invoke rules applicable to a nonmarket economy ception of hell as such stared back at me with cu er Chief Minister Kalyan di Party chief Mulayam
while probing rms for dumping. does not disprove God. riosity. Finally he made Singh had allowed him to Singh had cancelled his
Now, a subsequent provision stipulates a 2016 date of ex conversation, asking des stay in a bungalow in birthday celebrations to
piry for recourse to the alternative methodology of deter CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC
CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC parately if I could help Lucknow for ve days. mourn the victims of the
mining prices. Another clause allows for the status of mar nd him shelter for the Gupta, 75, had a wi train accident. This year,
MORE ON
ket economy to be decided for specic industry sectors,
rather than the entire economy. Western resistance to ac
cord China the necessary recognition is rooted in concerns
THE WEB 3 night. Gupta had come all
the way from Chandauli
district in Purvanchal to
dowed daughter to sup
port and two sons. His
third son, Anil, was
Akhilesh Yadav celebrated
his father’s birthday.
While one father was be
over a glut of Chinese imports ooding domestic markets Video: On Jayalalithaa attend Chief Minister Yogi among the 150 people ing greeted by his politi
and causing job losses in the manufacturing sector. But the watch, ‘The Hindu’ Adityanath’s junta durbar who died in the train acci cally estranged son,
Trump administration’s attempts to undermine the WTO’s reporters look back where he hoped that he dent in Kanpur Dehat on another was struggling to
dispute resolution mechanism could further delay an out would be provided relief November 20 last year. keep alive the tragedy in
bit.ly/JayaWatch for his nancial and hous “Today, it is exactly a year which his son died.
come in the appellate body’s process of disposing of cases.