choprafreelance
Tuesday, 6 August 2013
Jihadi attacks sabotage Indo-Pak-Afghan talks
Jihadi attacks sabotage Indo-Pak-Afghan talks
By Subhash Chopra
The killing of five Indian soldiers in Kashmir by state or non-state jihadis and the Taliban attack targeting the Indian Consulate in Jalalabad, east of Kabul, within the first week of this month ( August 2013) are a triple Samjhota sabotage – aimed at destroying peace prospects among India , Pakistan and Afghanistan.
The Pakistani authorities, as expected, have denied any hand in the deadly skirmish in the Poonch sector. The Taliban too have routinely denied any part in the Jalalabad attack that missed the Indian target but killed 12 Afghans, including eight children in a nearby school.
The brazen attacks are clearly timed to torpedo current efforts of the leaders of the three countries trying to give a new push for peace in the region following the emergence of the new government of Pakistan led by Prime Minister Nawaz Sharif. Just days earlier Pakistan Prime Minister had sent special envoys to Afghanistan and India to renew the peace process. He had sent senior diplomat and civil servant Sartaj Aziiz to Kabul as a personal envoy to President Hamid Karzai to douse the fires of suspicion and mutual recrimination that have become the norm between the two countries over the past several years. It was and is a timely gesture to reduce the immense distrust that has developed between the two neighbours.
In a parallel move towards India, the eastern neighbour, Prime Minister Nawaz Sharif sent Mr Shahriyar Khan, a senior and seasoned diplomat and uncle of the late cricketer Tiger Pataudi, to New Delhi with special greetings for Prime Minister Manmohan Singh and other leaders to kick start closer relations on which both leaders are already agreed. Nawaz Sharif’s public declarations for stronger ties with India before and after Pakistan’s recent elections have gravely discomfited pro-Taliban elements in several quarters in Pakistan.
The attacks are clearly designed to cast a big shadow over the meetings of the Indian , Pakistani and Afghan leaders on the sidelines of the UN General Assembly session next month in New York.
Nawaz Sharif’s repeated declarations to improve trade relations with India, including possible purchase of electric power, have sorely disturbed fanatical elements, many of whom are in quite high places within the Pakistan establishment. His refusal to mention the thorny issue of Kashmir during his election campaign has not been forgotten by the militant elements.
In fact, his search for peace with India goes long back to his earlier stint as Prime Minister when he invited former inidian Prime Minister Atal Bihari Vajpayee in what is fondly remembered in both countries as the halcyon days of bus diplomacy of 1998. That was before he was toppled from power and exiled. This time he has returned with a solid mandate but he still needs to be wary of saboteurs who regard India as eternal enemy and consider Afghanistan as a protectorate providing ‘strategic depth’ to Pakistan.
Another key element of this sabotage was the easy movement of people between India and Pakistan following the new implementation of the facility of no prior visas for senior citizens above 60 years crossing the borders. All that hassle of travelling long distances and endlessly waiting at the mercy of babus and clerks could hopefully become a thing of the past.
Coming back to the Jalalabad attackers who have fired this warning shot at the peace makers in the three countries, it is safe to presume that they are a Taliban faction, whether supported by rogue elements in Pakistan’s ISI or acting independently. Whether they are the Haqqani faction or some other group is immaterial. It is equally certain that the attackers find Jalalabad an easy target as it is a short drive from the Afghanistan – Pakistan border behind which they have safe sanctuary ,indeed militarised power houses.
..........................................................................................................
Tuesday, 12 March 2013
Wednesday, 6 March 2013
Time running out for India’s help to secular Bangladesh
Bangladesh is at a crossroads once again. Barely four years ago when Prime minister Sheikh Hasina’s Awami League government came to power it faced its baptism of fire (agni priksha) with the mutiny among ranks of its elite security force Bangladesh Rifles (BDR). The government survived, but had to pay a heavy price. Over 50 BDR officers, including BDRchief..and his wife, were murdered by the mutineers.
This time when the Hasina government enters the last ten (10) months of its current term, the country is facing another agni priksha with an open revolt by powerful elements led by the Jamaat-i-Islami forces who never accepted Bangladesh’s independence from Pakistan. In fact the Jamaatis collaborated with the Pakistani forces in the ‘genocide’ committed against the people of Bangladesh.Yet taking advantage of the democratic system the Jamaat lives on and continues to spread its fundamentalist message. Unable to accept the death verdict for two of its leaders and life imprisonment for a third for their war crimes in the country’s liberation struggle they have launched yet another terror campaign of forced hartals and protests bringing the country to a virtual halt. But this time the Hasina government is well prepared and determined to put the Jamaatis in their place.
But the Jamaatis are not alone. They are old allies of the opposition Bangladesh National Party of former Prime Minister Begum Khaleda Zia. Begum Zia is seen in India to have played the Jamaat game by delivering a tactical snub to India during the just finished visit of President Pranab Mukherjee. She cancelled a pre-arranged meeting with Mukherjee on account of the situation in the country arising out of the hartal. But India must not take it to heart and continue its efforts to engage with the Begum’s party, and with other opposition groups like that of General Ershad’s Jatiya Party. It is important not to forget her condemnation of reported attacks on Hindu properties and temples during the recent turmoil in Bangladesh. Her alliance with the Jamaat should be seen as an electoral or political compulsion but not as an ideological togertherness.
Quite rightly President Mukherjee’s message at the end of his three-day visit was to tackle the current crisis in Bangladesh through talks and protection for all citizens, not just of government’s own supporters and minorities. Dhaka’s Shabagh Square’s movement may be voicing people’s demand for death sentence to Jamaat leader Delwar Hossain Sayedee instead of mere life imprisonment for his part in the 1971 Liberation war but it must not be allowed to get of hand and turn into mob hysteria. The Hasina government in its years of complete control must show some magnanimity to the rest of the opposition even if it is considering to ban the Jamaat-e-Islami party.
Meanwhile India must step up delivery of its promises of help to Bangladesh to shore up the country’s secular democracy. The revival of Kokata –Dhaka train(Moitree Express) over two years ago and delivery of some railway engines and equipment during President Mukherjee’s visit have been positive developments. But they could be seen as too little and too late by the people of Bangladesh. India needs to speed up and implement the 1974 land border accord and push forward Teesta river water sharing arrangement.
India’s slow pace to implement the 1974 Land Boundary Agreement, protocols for which were signed last September during Prime Minister Manmohan Singh’s visit to Dhaka are still hanging in the air as they require Constitution amendment in India. They need New Delhi’s ratification as these involve exchange of land in 111 Indian enclaves in Bangladesh and 51 Bangladeshi enclaves on Indian soil.
Bangladesh has already ratified the pact. But some of the Indian political parties for sheer opposition are blocking the peace process Only last week BJP president Rajnath Singh cast doubt on his party’s support for the Constitution amendment.
The BJP chief said that under the government’s ‘Enclaves,’ pact India could lose 13,000 acres of land while Bangladesh would lose only 3,000 acres, causing a net loss 10,000 acres of land to India.
Even if this calculation is true , the net gain to India and the people entrapped in the enclaves far outweighs any physical territorial loss. The improvement in the quality of life for the people entrapped in the enclaves cannot be measured in rupees and square yards of land. The saving on the reduction of Border Security Force could run into thousands of crores annually. The reduction of people smuggling, drug smuggling, cattle smuggling and cross border corruption cannot be measured in rupees and land acres.
Even more India needs to rise above petty calculations and show magnanimity and generosity of Indira Gandhi’s days , Instead of indulging in any short term reactions India should also remember the remarkable restraint and magnanimity shown by former Prime Minister Atal Bihari Vajpayee’s government in the face of highly provocative murder of 16 Indian soldiers and dragging their bodies like animals dangling on bamboo sticks by Jamaat mentality Bangladesh Border Rifles men during April 2001cashes near Padua post on Meghalaya-Bangladesh border..
Hopefully, the multi-party delegation, including BJP’s Chandan Mitra, Mukul Roy of Trinamool Congress, Sitaram Yechury of CPI-M and others who accompanied President Mukherjee to Dhaka, will impress on their parties to clear the hurdles in the way of long lasting peace , prosperity and friendship with Bangladesh.
....................................................................................................................................
Monday, 25 February 2013
Hyderabad Intelligence Disaster
Hyderabad intelligence disaster
By Subhash Chopra
The combined failure of national and state intelligence agencies in preventing Hyderabad blasts that cost 16 lives besides injuries to over 90 people is not just a one-off example . It is a clear pointer to a systemic failure which leaves ordinary citizens exposed to danger again and again. Hyderabad has not been targeted for the first time. It has suffered several times earlier. The hanging of Afzal Guru, the parliament attack convict, had clearly made cities like Hyderabad vulnerable targets of attack by anti-national elements ,both home grown and foreign aided.
The Central government had sounded four alerts to Hyderabad included one eight hours before the explosions which turned Dilsukhnagar locality into “Dlidukhnagar” on Thursday February 21. Hyderabd did not need any Central alerts, it should have been wide awake on its own. What were its police and intelligence officers doing all along? What were the officers from the local thana policeman to SP and Inspector General doing? Sleeping or enjoying the perks of their posts?
For Andhra Chief Minister Kiran Kumar Reddy to claim , even after this disaster, that his state police was a ‘’role model’’ for others defies all sense and belief!
Unfortunately it is not just Hyderabad alone that suffers from this insomnia. It is a systemic failure of epidemic proportions from which the entire country suffers. For instance only last week, the national capital region (NCR)of Delhi itself witnessed a massive breakdown of law and order in NOIDA when hooligans infiltrated the trade unions during their bandh and set fire to cars and smashed factories and shops The police ,as usual, arrived after the event by which time 18 people had been injured, and 65 cars had been damaged. Sixty five people were arrested later but the damage was done.
Wonder of wonders, the next day similar mob rule and destruction was witnessed in nearby Okhla area? Again the police and intelligence authorities were caught napping?
Mumbai 26/11, the biggest event of our national shame in recent years, besides the attack on Parliament itself, betrays the same systemic slumber of our intelligence officers. Instead of searching our souls, we were too quick to blame the Americans for not sharing intelligence information on rogues like David Coleman Headley ( Daood Gilani) and Taha wwur Hussain Rana, who were jailed recently by a US court on terror related charges concerning 26/11 events in India and Denmark. Highly charged Indian media and political players have been crying hoarse over the betrayal by the US for not cooperating with India by holding back on information about Headley and Rana and then adding insult to injury by refusing to extradite the pair of them.
But what about the ‘akal’ or intelligence of various Indian intelligence agencies and their functioning over the recent years leading up to the Mumbai carnage of 2008? What were these highly paid, rarely questioned , far less answerable than any other set of officers, doing all this time? Enjoying all the perks and taking it easy at the poor citizen’s cost ? Expecting America’s CIA and other agencies to do their work in the name of cooperation?
Headley(Gilani), son of a Pakistani and an American woman and a self-confessed India -hater , visited India several times for three years from September 2006 to July 2008. After spending his impressionable years in Pakistan following his parents’ divorce, he joined his mother in America when he was 17.He himself is said to be thrice married and divorced, the latest from his Moroccan wife with whom he spent their honeymoon at the Taj hotel in Mumbai !
Headley(Gilani), an old school friend of Pakistani army deserter Rana , was running an immigration facilitation agency (racket) for US and Canada visa seekers in Mumbai’s AC Market in Tardeo for all these years as a cover for his anti-Indian activities in collusion with Lashkar-e-Tayyeba(LeT) and his other masters in Pakistan who unleashed the 26/11 assault on Mumbai. He set up his dummy immigration office on a so-called licence from Rana’s Immigration Law Centre in Chicago. He even visited cities like Agra, Ahmedabad and Kochi, ostensibly to interview visa hopefuls or potential recruits for his grand plan.
All this while he not only carried out reconnaissance of all the targets, including hotels like the Taj on several occasions, but also videographed the places providing details to his handlers in Pakistan for attacks on individual buildings.
Headley(Gilani) moved in and out of India all those years without raising the slightest of suspicion among the Indian intelligence operatives. Even after 26/11 he paid another visit in 2009, probably to gloat over his mission’s success!
Indian agencies bungled the intelligence supplied by the US agencies who had given two specific tip-offs. In September 2008 the US agencies warned of a possible attack on targets in Mumbai , followed days later by another tip-off about a possible coastal or maritime attack India took up the second tip-off and strengthened coastline security but called off the patrols on November 20, just six days before 26/11, according to one report
Could there be a bigger bungle? What about the intelligence of these bunglers?
Hyderabad is just one more chapter in the long story of systemic failures of our disaster management. Grandiose authorities with grand ranks keep sitting in headquarters and local thanas pushing pens but not stirring outside where the trouble brews.
Shouldn’t some top heads roll after all the tragedy and shameful incompetence?
............................................................
Thursday, 21 February 2013
Indo-Pak dialogue must go on for the sake of silent majority on both sides
Indo-Pak
dialogue must go on for the
sake of silent majority on both sides
By Subhash Chopra
The Indo-Pak
dialogue which seemed to open in the New
Year with promises of redeeming hopes of easy
visa regime and expanding trade
relations suddenly suffered a wobble when it got caught in the LOC
crossfire in Kashmir. The new visa
regime came to a swift end moments after coming into operation. The hanging of
Afzal Guru, the Indian parliament attack convict, dealt the dialogue
another blow before it had time to
recover from the LOC shock. Hopes of trade and sports ties fell by the side.
Going by the hysterical media coverage in both countries,
the Indo –Pak dialogue looked like a
dead-cert casualty. Not just a severe jolt , the events of the new year
had the potential of a massive
interruption of the dialogue , even a. breaking point if one were to be led by the
‘Breaking News’ flashes on the
television channels of both countries.
Tensions erupted towards the end of the first week of the
new year as five soldiers were killed in quick tit-for-tat skirmishes
on the LOC in Kashmir – first a
Pakistani soldier shot dead, then two Indian soldiers killed with one of them
beheaded and his head carried away as a ‘trophy’ , followed by two Pakistani
soldiers losing their lives.
Pakistan’s straight denial of any of their soldiers involved
in the beheading didn’t help matters,
leaving the impression that some
non-state actor or elements could have done it in pursuit of their avowed aim
of ‘helping their brethren across the LOC.’ On the Indian side of the LOC such
acts are viewed as plain terrorist attacks, with defence chiefs openly reserving their right to take appropriate
action in defending the national interest.
Far from cooling the situation, the utterances of Pakistani
foreign minister Hina Rabbani Khar in television interviews and elsewhere in the US accusing India of
‘war-mongering’ stoked further suspicions in India.
Pakistan’s call for a reference to UN observers was met with swift rejection by India which instead called
for a bilateral flag meeting of commanders on the LOC. Pakistan’s delayed acceptance of holding the flag meeting prolonged the pain
on both sides. But once held, the flag meeting paved the way for talks between
the two Directors General of
Military Operations on their ‘hot
line’ – a procedure specifically
established to cool such situations. And it worked.
The situation became so bad at one stage that that the
normally taciturn Indian Prime Minister
Manmohan Singh felt compelled to pronounce that as long as such circumstances prevailed “there can be no business as usual”
with Pakistan. His comment was followed by President Pranab Mukherjee’s even
tougher message to Pakistan that India’s hand of friendship must not be taken
for granted.’’
The dialogue has taken a sever hit but
has not been abandoned , and it may
take some time to pick up the momentum it
has lost in this round. It is not the first time that it has
suffered such a backward pull. There have been plenty earlier setbacks but
they have not been able to snuff it out.
The so-called trust deficit between the two countries is
essentially a bogey created by the
establishment that rules Pakistan, and that too by only half of it as the establishment itself is a divided house.
There is no trust deficit between the people of India and Pakistan. And at the
civil/ political level too there is
not much of that trust deficit. Quite
the contrary, there is plenty of
two-way public trust. There is a
huge peace constituency of silent majority in both countries which must be respected and further supported. The
stakes are too high to be left to saboteurs.
In fact over the last two decades political parties in the
two countries have pursued the peace dialogue despite Kargil war and the 2008
Mumbai carnage. Unfortunately time has not been on the peacemakers’ side.
What is often forgotten is that the political leadership
across major parties in both countries has from time undertaken successive
initiatives to push the peace dialogue though time has not been on their side
so far. The 1990 dialogue between young Prime Ministers Benazir Bhutto and
Rajiv Gandhi had created all the positive wibes but Bhutto lost power before the dialogue could have the chance to mature. In 1999 Indian Prime Minister Atal Bihari Vajpayee accepted
the invitation of Pakistan Prime Minister Nawaz
Sharif and took the peace bus to Lahore. But Pakistan army chief ,
General Pervez Musharraf, had other plans which resulted in the Kargil war between the two countries. Yet in 2001
the same General Musharraf who engineered the Kargil war( as revenge—by his own admission -- for India’s role in Bangladesh independence
war) became a convert to peace and came
to Agra for a peace summit with Indian Prime Minister Vajpayee. But time was
not on their side and the summit collapsed. Nearly five years later in 2006 Gen
Musharraf met the Indian Prime Minister Manmohan.Singh. But time was
not on the General’s side and he got toppled
from power in 2008.
Notwitstanding huge setbacks , including the current one set off
by the skirmishes at the LOC in Kashmir and the hanging of Afzal Guru, the ground for
optimism and peace between the two countries remains solid. In spite of open
and covert wars, the Indus Water
Treaty between the two countries has stood the test of time and
survived over the last 65 years. Even the 1947 ceasefire line, later
called Line of Control in Kashmir has survived in spite of open wars.
Both nations have also religiously exchanged information on nuclear
installations for the past 23 years on the first of January every year.
Treaty between the two countries has stood the test of time and
survived over the last 65 years. Even the 1947 ceasefire line, later
called Line of Control in Kashmir has survived in spite of open wars.
Both nations have also religiously exchanged information on nuclear
installations for the past 23 years on the first of January every year.
Even
in the current dark hour, the Indo-Pak dialogue remains on the
table, however precarious it may look at present. . The upcoming general elections in Pakistan and other
developments there, including the possible
emergence of the new civilian and military policies on the same
page, holds out the inevitable promise
of peace and cooperation between the two
nations."
Population and the Pill
Banking on unpaid ASHA and prayer
It may be a truism to state that overpopulation is the mother of all problems, including corruption which so often hogs the limelight. Yet corruption is only a side effect of the rising number of claimants to the national bread basket and some of the cookies in it. The fierce competition for the available goodies at any stage sets of f the storm of corruption . The fruits of India’s massive development in various sectors are not enough to meet the needs of her growing population. Dis-equilibrium between the pace of development and population growth continues to be the running source of all our maladies.
Since the middle of the 20th century India along with most parts of the world has witnessed a population explosion. Our first family planning programmes started over 60 years ago in 1952. Globally, 2011 witnessed the arrival of the seventh billion baby with India quite in the forefront . With our current estimate of 1.2 billion population we are still expanding faster than our development rate can cope with.
Despite a significant slowdown over the last 20 years in almost half of the country, India is still nowhere near a reasonably early population stabilization target. At our leisurely pace we are still looking at 2060 as the stabilization target year -- more than 100 years after we set up our family planning ministry. We have missed targets several times and we could miss again if we don’t act fast.
The 1983 National Health Policy target of achieving the total fertility rate (TFR) of 2.1 children per woman , which is also considered the replacement level, by the year 2000 was missed by a long chalk. Again the National Population Policy target set in 2000 of achieving 2.1 TFR by 2010 has been missed. Sadly, the 2010 TFR stands at 2.5, as revealed by the latest Sample Registration System figures from the Registrar General of India.
The long term objective of the 2000 National Population policy was to achieve a stable (zero net growth) stable population by 2045. At the current rate we are pushing the stabilisation target to 2060. That need not be so. We have the medical and monetary wherewithal and we can shorten our target rather than wait till 2045 or for another half century till 2060. Our family planning strategy needs to be more focused than ever before.
For the best part of last 40 years we have been obsessed with sterilization -- operating upon persons who have already produced three, four or more children , when the damage is done and objective of a small family already defeated.
The birth control pill, which is the easiest and least complicated contraceptive to use and which has been available worldwide for more than 50 years, has been the most popular and effective contraceptive all across Europe and other parts of the developed world. So successful indeed that desire for a smaller family and fewer children has made couples to forego cash and holiday incentives offered by certain governments. In countries like Germany and Russia which are witnessing negative or zero population growth there are few takers of such incentives offered by the state. Even in poorer countries like Romania and Hungary, young couples tend to go for smaller but prosperous families, ignoring traditional Catholic religious reservations.
But curiously the pill seems to have been virtually ignored by our planners for almost the first 25 years of its existence. Only around 1987 , the pill was in some strength brought into our basket of the attractively named “cafeteria” contraceptives, leaving it to the consumers to pick and choose without telling them to opt for one or the other . Its current usage -- nearly three crore pills or three lakh 30-day cycles per year -- translates to only a little over three to four per cent acceptors out of all other contraceptives users.
The cafeteria approach looks good in terms of free choice but in reality it doesn’t play out so fair and free. The cash incentives to motivators and acceptors of other forms of contraceptives, especially sterilisation in various forms, act as a powerful factor in the cafeteria. Sterilisations can be easily counted and monies collected by motivators and acceptors. But pills popped in at home can’t be verified and cash handouts difficult to pick. Consequently the pill seems to have fallen off the cafeteria shelves as only about three percent women in the 15-45 age group are taking to the pill, unaware of the advantages of the pill.
Over 90 per cent child bearing women in India are barely aware of the pill’s benefits like regularising of periods, bleeding control, lesser ovarian problems and, above all, spacing out pregnancies for better mother and child health.
Australian researchers at Monash and Melbourne universities say the pill can even cut the risk of developing breast, ovarian and womb cancer. They even go on to recommend the pill for nuns too for reasons of health rather than as a conrtraceptive because it reduces overall mortality and mortality due to ovarian and uterine cancer.
In India, medical or paramedical advice on the easy-to-use pill for controlling family size and better family welfare could be most well timed and effective after the first or second child birth.
But where are the medical/paramedical helpers to be found on the ground level, especially in the villages? ASHAs, Anganwadis and ANMs besides qualified staff at block and district hospitals make quite a nice ladder or a pyramid. But is the entire edifice adequately staffed. At the very base stands the grandly designated ASHA or the Accredited Social Health Activist each of whom is expected to look after 100 women in her village community. One ASHA for each village is a great idea. But what is she accredited with? Sadly in our scheme of things under NRHM (National Rural Health Mission) she is an unpaid worker. She is a part- time volunteer who is expected to work only two or three hours a day. She is our key health worker in the village. The list of her duties is a long one. Motivating women to use contraceptives, including the pill, to help India control its runaway population growth, is only one of her myriad jobs. All for no pay!
The second key worker in the village is the Aanganwadi, also a part-timer with duties such as preparing mid-day school meals for school children and taking pregnant women to nearest hospitals for safe deliveries and other medical help. She at least is lucky to have some pay , a grand sum of Rs 3,000 a month announced by Union Finance Minister Pranab Mukherjee in his 2011 budget speech over a year ago. But there was nothing for ASHA then or now in the 2012 budget.
Our long obsession with sterilisation operations -- vasectomy, no scalpel vasectomy, tubectomy, IUD -- in spite of the numerical surges running into lakhs over the last few years has failed to stem the explosive growth in the Hindi heartland of the country. And it must be underlined that the success of the southern states and some northern states cannot be attributed to sterilisation programmes. Rather it is due to factors like higher female education rate, mid-day school meals, and availability of home entertainment in the evening, thanks to the distribution of free television sets by some the ruling parties.
Sterilisations are the biggest gimmick. Collection of cash handouts by NGOs, individual motivators and volunteers who undergo such operations is the main attraction of most participants in this elaborate game. Even the medical staff who
perform these operations are in this somewhat lucrative loop. All this money would be worth investing if it could move us to nearer to the population control target. An overwhelming majority of such operations are performed on women who have already given birth to three , four or more children and have reached the menopause stage. Men, notoriously, account for a mere five percent of total number of sterilisation operations, according to the available surveys published in the quarterly journal of the National Institute of Health and family Welfare .
Reports of botched up sterilization operations at ad hoc camps run by some NGOs in Bihar (The Hindu , 23 January) , Madhya Pradesh (The Times of India 18 and 26 February) are not infrequent. Incentive -driven motivators and target chasing administrators in Madhya Pradesh went on a sterilization spree in February this year to lure poor tribals even though they are designated as “protected” because their numbers are dwindling fast. From aanganwadi workers to patwaris and tehsildars and other officials everyone was out to lure tribals to sterilization tables for a cash incentive of Rs 1100, according to the president of the Vanwasi Kalyan Parishad who alleged that the Gonds and Korku tribals in Betul district were the victims of this drive. Stung by the protests, state chief minister Shivraj Singh Chauhan had to step in , warning unscrupulous operatives to not defeat the real objective of celebrating 2012 as the year of family planning in the state.
Such incidents may be aberrations and the vast majority of operations – at the annual rate of 40 to 50 lakhs over the last three years and still rising – are safe and successful, according to health ministry officials. Yet the central fact remains that the vast majority of such operations are redundant as they are conducted on people who have already reached their non-reproductive age.
Time to re-focus family planning strategy. And time to relocate existing and new Plan finances to pay ASHA a meaningful wage commensurate with the services we expect of her.
Wednesday, 20 February 2013
India’s Reserve Bank fared better than US Fed, says US Nobel economist
By Subhash Chopra
India’s banks weathered the 2008 global financial meltdown sparked by the excessive lending spree by the likes of Lehman Brothers better than US and European banks, according to Joseph Stiglitz, the US Nobel Prize winner economist.
Excessive lending in the US housing market and excessive freedom to investment bankers in US and Europe led to the crash under whose impact the Western economies are still reeling. In contrast the Indian banking system did much better because the bankers were kept under a moderately tight leash and restrained from reckless and speculative lending deals.
India’s central bank, RBI (Reserve Bank of India) like its counterparts in China and Brazil, had done much better than the US Federal Reserve or the European Central Bank(ECB) because it had, and continues to have, less independence than its US or European counterparts which had much more independence that lprovided excessive bailouts to banks which indulged in speculative deals and brought the entire system down on its knees.
Greater independence for central banks was neither desirable nor conducive to any better economic performance, rather the reverse. Above all it lacked accountability, said Stiglitz.
The crisis had shown that one of the central principles advocated by Western central bankers -- the desirability of central bank independence -- was "questionable" at best. "In this crisis, countries with less independent central banks -- China, India and Brazil -- did far, far better than countries with more independent central banks -- Europe and the United States. There is no such thing as truly independent institutions. All public institutions are accountable, and the only quetion is to whom."
In the run-up to the financial crisis, the US Federal Reserve was accountable only to Wall Street, he said and singled out New York Fed President William Dudley for some especially harsh criticism. Dudley was "a model of bad governance" because of his inherent conflict of interest: he bailed out the very banks he was supposed to regulate – the very same banks that enabled him to gain his position,.
“ The (granting of ) loans by the Fed and the ECB to banks at low interest rates was, in effect a , a gift worth tens of billions of dollars, a gift from the public, but which circumvented the usual public appropriations process. It is unconscionable that such power over the purse be given to an-elected body,” Stiglitz asserted. America’s central bank, he believed , had been captured by the Wall Street. “It (the Fed) came to reflect the ideology and interests of the financial sector which it was supposed to regulate.” The conflicts of interest – as unravelled in cases like the New York Fed – were “a model of bad governance.” The Fed, he said, had “turned a blind eye to practices that not only exploited the poor, but put into jeopardy the American and global financial system.”
Interestingly, the US Nobel Laureate’s onslaught on the independence of central banks came right after RBI governor D. Subbarao’s address urging more independence for central banks. They were speaking at the C.D.Deshmukh memorial lecture in Mumbai..
The RBI governor also called for greater harmony between fiscal and monetary policy to tackle the challenges of growth and unemployment “The central banks alone cannot fix economies by themselves. Governments need to act too from the fiscal side , and monetary and fiscal policies have to act in harmony.” His remarks came a a tie when he is under pressure from industry and the government to bring down interest rates ahead of his monetary policy announcement later this month.
Continuing his Indian tour, Stiglitz waded into another controversy about the role of FDI (foreign direct investment ) by multinationals like Walmart in India. Speaking at the Azam Premji Foundation in Bangaluru, he cautioned over the belief that FDI was some kind of panacea. There was no shortage of cash or entrepreneurship in India The country should look at what foreign investment can do that Indian entrepreneurs cannot do. Walmart , he warned, could bring greater capacity in bribery as it did in Mexico. “You don’t want to bring that in, you already have enough of it.”
He said that he had studied Walmart’s supply systems in other countries. They had not worked there. FDI with its large buying power could control a large part of the market and drive prices down to bring in cheaper Chinese goods and increase dependence on foreign goods.
Overall Stiglitz was fairly optimistic about India weathering the global slowdown in the coming year when the US and other economies were expected to slow down. “Good thing about India is that it is less dependent on exports.”
Subscribe to:
Posts (Atom)