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Open Forum
Money Supply Squeeze, Complex Banking:ASPRIN TREATMENT CAUSES ULCER, by Shivaji Sarkar,28 Augus |
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Economic Highlights
New Delhi, 28 August 2008
Money Supply Squeeze,
Complex Banking
ASPRIN TREATMENT CAUSES ULCER
By Shivaji Sarkar
The time has come for taking pragmatic and not hard decision
to pep up the economy. But it is strange that people like Planning Commission Deputy
Chairman Montek Singh Ahluwalia still harp on taking hard decision. Such
decisions are likely to severely affect the country’s oil imports.
Two developments during the week point to the futility of
the Reserve Bank’s hard decision of squeezing legal money out. In real terms,
it has not reduced the money supply, as it comes from many other sources than
the few known official or semi-official business routes.
Hard decisions have led to a situation where the banks are
finding themselves in a tight liquidity situation. The situation of the oil
marketing companies (OMC) – Indian Oil, Bharat Petroleum, and Hindustan
Petroleum - is no different.
Both the banks and the OMCs have sought solutions that may have a long
term-effect. The banks are looking at large companies for parking their
deposits with them at 11.30% interest on one-year bulk deposits --- almost 150
basic points above the rates that banks offer to the retail customers.
Resulting in the domestic and international credit rating of
the OMCs being downgraded. This has made raising debt costlier for them. They
have turned to the Reserve Bank for a $ 4 billion (Rs 16,000 crores) foreign
exchange loan. This is considered a cheaper option than looking to the
commercial banks, which are charging very high lending rates. The oil companies
have informed the Government that if the foreign exchange loan does not
materialise it would disrupt the import of crude oil.
With the Reserve Bank raising the cost of money to the banks
and forcing them to park a significant reserve with RBI, the banks have been left
with little money to carry out their operations. The State Bank of India and the Bank
of Baroda have turned to the Oil and Natural Gas Corporation (ONGC) for
deposits of Rs 1700 crores and Rs 900 crores at 11.26% interest. These two
deals indicate that the interests have moved up by 0.25%.
The banks are reportedly aggressively mopping up whatever
money is available in the market on fears that the rates may move up to 12%.
The tight liquidity condition is apparent. The banks are borrowing Rs 30,000
crores on an average from the RBI at 9% interest. Besides, the banks, as per the
new norms, would have to shell almost Rs 9000 crores more out of their coffers
and park it with the RBI. This is what raising of the cash reserve ratio (CRR)
to 9% from 8.75% would mean.
Among other big deals concluded recently, the National
Thermal Power Corporation (NTPC) has placed Rs 400 crores for 11.26% and a Tata
group company deposited Rs 300 crores at 11.15%. The Clearing Corporation of India has also deposited
Rs 50 crores at 11.20%.
It is not a bright situation always for the corporates. When
they go to raise funds, they face difficulty. The Power Finance Corporation
(PFC) failed to raise the entire Rs 700 crores through their 10.85% three-year
bonds. It could raise only Rs 300 crores.
Further, the OMCs find raising foreign exchange loans, at a
time when the rupee has risen to almost Rs 44 to a dollar, from the RBI cheaper
than bank loans. If the Finance Ministry approves the process it would mean
drawing the RBI into a commercial operation with all the related market risks.
That is not the role of RBI.
On the other hand, it would also mean depriving the
commercial banks of their normal bread and butter operations. Both ways it
would be harmful for the economy. It would open the RBI to unwanted risks and
lead to divesting the commercial banks of their normal mandated functioning.
The Finance Ministry would have to ask itself the rationale
for such a devious operation. If this is accepted it would also mean that the RBI
is exploiting the crisis created by itself to its own advantage. The RBI’s aim
of bringing down the liquidity would also not be served, as indirectly it would
be pumping the money into the market.
Clearly, the RBI itself is responsible for the crunch of the
OMCs. The financial condition of the OMCs had improved in June, when the RBI
had allowed special market operations (SMO), under which oil company bonds were
made more attractive for banks to hold. But that facility was withdrawn on 24 July,
when the RBI announced the new policy.
In short, the so-called squeeze therapy has created a
convoluted economic scenario. A forced liquidity has brought the market to a
halt. The recent warning by the international rating agency Moody only further
testifies that.
This is the time the Government must mull over the age-worn
concept of tightening the money supply. In times of crisis, the country needs
liberation in terms of the money supply. Inflation has other reasons.
Every disease cannot be treated with aspirin --- money
supply squeeze. It calls for a forward-looking banking policy so that the banks
can survive to let the national economy thrive. ---INFA
(Copyright,
India News and Feature Alliance)
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Responsible Citizenship:NEED FOR NATIONAL REGENERATION, by Eduardo Faleiro, 27 August 2008 |
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Open Forum
New Delhi, 27 August 2008
Responsible
Citizenship
NEED FOR NATIONAL
REGENERATION
By Eduardo Faleiro
Former Union Minister
is currently the Commissioner for NRI Affairs,
Govt of Goa
We have just celebrated our Independence Day. The freedom struggle was not just for
political freedom nor was it merely to dislodge the foreign rulers and install
our own. It was also for social and
economic change and for a life of peace and dignity to all citizens.
The colonial rule destroyed the Indian economy and greatly
impoverished the people. An estimate by the Cambridge historian Angus Wilson
reveals that in 1700, India’s share of the world income was 22.6% comparable to
the entire income of Europe which was then
at 23.3%. By 1952 however, India’s share
fell to 2.3% of the world income.
By all accounts, India was a prosperous nation at
the onset of Western colonialism. The
French traveller Jacques Tavernier in his ‘Travels in India’ has this
to say of the country in the 17th Century. “Even in the smallest villages,
rice, flour, butter, milk, beans
and other vegetables,
sugar and sweetmeats can
be procured in
abundance”.
All this changed during British rule, as per Government
reports of the time. Over 70-80% of Indians were living at subsistence levels,
two-thirds were under-nourished and in Bengal
alone the number of under-nourished was nearly four-fifths. Our literacy rate
too was a mere 11%. True, at present, the literacy rate is 66% but this is
quite low.
Importantly, the Union as
well as the State Governments must streamline their machinery with a sense of
urgency and redouble efforts if we are to attain the Millennium Development
Goals of universal literacy by the year 2015. Especially against the backdrop
that the country is at present the second fastest growing major economy in the
world. Our GDP growth rate was 9% in the financial year 2007-2008.
Besides, the 21st Century will reportedly be the Asian
Century just as the 20th was the American and the 19th the European Century. By
2035, China is expected to
be the second largest economy followed by India at the third place in the
world. Towards that end, the country is contributing to the Asian resurgence.
The Government is striving towards South-Asia as a zone of
peace and prosperity in cooperation with all our neighbours. Our “Look East”
policy will strengthen cooperation with other Asian countries. India
and 5 ASEAN countries have
signed an agreement on ‘Partnership for Peace, Progress and Shared
Prosperity” to create a Free Trade Area by 2011 and by
2016 New Delhi hopes to enlarge this pact with the remaining
ASEAN countries. India
is now an ASEAN Summit partner, along with China,
Japan and South Korea.
We are moving towards an Asian trading block which will
rival the European Union. For that New Delhi and
Beijing must
shed their historical rivalries and advance towards mutual collaboration. Such
collaboration will greatly benefit both the countries. For instance, India has an advantage in computer software and China in
hardware. If both countries join hands, both will be able to launch the “Asian
century of Information Technology”.
Whilst the people
of India can justifiably face the
future with confidence and optimism,
yet there is
much to be
achieved and the task of national
regeneration is yet to be fully accomplished.
The framework for
responsible citizenship and
national regeneration has been
laid down in the Indian
Constitution in three parts. Part
III of the Constitution deals with Fundamental Rights, Part IV with the
Directive Principles of State Policy and Part IVA with the Fundamental Duties.
The Fundamental Rights are basic human
rights which the
State recognizes and
provides for their
enforcement. We are all equally human, the world is one family and all
human rights are for all.
The nature and extent of the State responsibility for the
protection of human rights in India
was indicated by the National Human Rights Commission in the case of the Gujarat riots of 2002. It said “It is the primary and
inescapable responsibility of the State to protect the right of life, liberty,
equality and dignity of all those who constitute it. It is also the
responsibility of the State to ensure that such rights are not violated either
through overt acts or through abetment or negligence.
“It is a clear and emerging principle of human rights
jurisprudence that the State is responsible not only for the acts of its own
agents but also for the acts of non-State players acting within its
jurisdiction. The State is, in addition, responsible for any inaction that may
cause or facilitate the violation of human rights.”
The Directives Principles of State Policy are guidelines to
be kept in mind by the Government whilst framing laws and policies. Some of
these principles are the promotion of the Panchayati Raj system, free and
compulsory education to all children below the age of 14 years, adoption of a
Uniform Civil Code and provision of adequate means of livelihood to all.
The Fundamental Duties are moral obligations of all citizens
and are specifically intended to promote responsible citizenship and national
unity and harmony. We often harp on our rights but neglect and may even be
unaware of our duties.
Mahatma Gandhi summed it up: “I learnt from my illiterate
but wise mother that all rights to be deserved and preserved come from duty
well done.” Einstein articulated the
same thought: “Every day, on hundred occasions, I remind myself that my mental
and physical life depends on the toil of other persons, living or dead. So I
must try to repay whatever I have received and am receiving”.
The Constitution lists ten Fundamental Duties. Each has a
distinct role and importance in our polity. One of the Fundamental Duties is
“to provide harmony and the spirit of common brotherhood among all the people
in India,
transcending religious, linguistic and regional or sectional diversities”.
When fanaticism and bigotry stalk the land, the importance
of this duty cannot be overstated. At present, the Fundamental Duties are not
enforceable in a court of law. A former Attorney General of India, Soli
Sorabjee, suggests that the Supreme Court might "by innovative
interpretation make certain duties partly justiceable by infusing them into
some Directive Principles and gradually incorporating them in the Fundamental
Rights”.
What is needed is a citizenry conscious of their rights and
of their duties. The Union and State
Governments should work together with voluntary organisations to promote
awareness of our rights as well as of our responsibilities and to sensitize the
citizens to the values enshrined in our Constitutional framework.
(This article is based on a speech by Mr. Eduardo Faleiro at
the Dharma Bharati Foundation, Mumbai.)
The Justice Verma Committee on Fundamental Duties of Citizens rightly
observed that “the desired enforceability can be better achieved by providing
not merely legal sanctions but also combining it with social sanctions to
facilitate the performance of the task through exemplar, role models… The real
task, therefore, is to devise methods which are a combination of these aspects
so as to ensure a ready acceptance of the programme by the general citizenry
and the youth, in particular. . The importance of fundamental duties must be
emphasized at all stages of education. This is essential for preparing the
younger generations for assuming their role as responsible citizens." the
Committee asserted.---INFA
(Copyright,
India News and Feature Alliance)
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Rampant Corruption:WILL THERE BE AN END TO GREED?, by Dr. Syed Ali Mujtaba |
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Events & Issues
New Delhi, 1 September 2008
Rampant Corruption
WILL
THERE BE AN END TO GREED?
By Dr. Syed Ali
Mujtaba
A tehsildar (tax
collector), who was very corrupt couldn’t have done better for himself, even
when punished. He was deputed to sit on the shores of the Corramandel coast, in
Tamil Nadu, and given the task of counting the waves as form of a punsihment. Taking
a cue from Birbal, one of Akbar’s navratanas,
the tehsildar found an opportunity
to make money even here. He started collecting tax from the ship captains that
crossed the waves, saying that the vessel was stalling his job—of counting the
waves.
The moral of the story is corruption is an age old phenomena
that has been evolving over a period of time. Earlier, corruption used to be
confined only to a certain section of society with large sections remaining
untouched. Now, it’s a different story. Corruption appears to have percolated down
to every single section of the society. It’s hard to point out where corruption
is not present.
Today, we are regularly fed media reports on corruption:
Bofors gun deal, Bihar’s fodder scandal, MPs Local Area Development (MPLAD) scheme,
the defence coffin scandal, hawala scam, cricket match-fixing, securities
scandal involving Harshad Mehta & Ketan Parikh, BJP’s Bangarau Laxman, nuclear
deal trust vote...the list is endless. Every new report pales the previous one
into insignificance. All scream loud --that corruption is rampant and growing
at an alarming pace in the country. If it goes unchecked, the nation is in
peril.
In the given background, a Chennai-based NGO Nandini - Voice for the Deprived,
decided to go in for introspection into the problem of corruption. On the
country’s Independence Day it held a meeting, which was attended by over 250
participants, including former IAS officers, NGOs, professionals and ordinary people
from the lower income group. Among them was 88-year-old Kalyanam, and who had
served as personal assistant to Mahatma Gandhi.
Delivering the keynote speech, Former Central Vigilance
Commissioner N. Vittal started by defining corruption as understood by the World
Bank i.e. it is the ‘use of public office for private profit.’ In our country,
there are five major players on the corruption scene, interdependent, strengthening
and supportive of the vicious cycle. They are the corrupt politician (Neta); the corrupt bureaucrat (Babu); the corrupting businessman (Lala); the corrupt NGO (Jhola); and the criminals (Dada).
Vittal elaborated that in our system corruption flourishes
because of five basic reasons: one, scarcity
of goods and services; two, red tape and complicated rules and procedures; three,
lack of transparency in decision-making; four, legal cushions of safety for the
corrupt under the ‘healthy’ principle that everyone is innocent till proved
guilty; and five, tribalism among the corrupt, those who protect each other.
Corruption, according to him is a two-way street. For every
bribe taker, there is a bribe giver. While the debate on corruption in our
country has focused on the demand side of corruption, there has been a
thundering silence on the supply side i.e. who bribes the public servants and
politicians.
The former Vigilance Commissioner suggested a three-point
plan to check corruption: simplification
of rules and procedures, empowering the public and bringing in greater
transparency and effective punishment.
An important aspect of the meeting was that prior to it, 15 colleges
from all over India took
part in an essay competition “Rampant Corruption in India: Who is responsible.” While
11 college students won prizes, five were allowed to speak and present their
views on the burning issue of corruption.
One of the students opined that corruption follows a vicious
cycle, with the root cause lying in a corrupt political system. The nexus
between corrupt politicians and corrupt bureaucrats makes it look that any
fight against corruption is the fight against the government itself, he regretted.
The attitude of many a people that ‘so long as the work is done, it is fine’ could
be yet another cause.
We, in India
have a tendency to blame our politicians, government employees or higher
authorities for taking bribes. But, have we ever asked ourselves how honest we
are as citizens? How many of us don’t look for “a contact” to get our children
admitted into a good school or college, questioned another student.
An additional underlying cause of corruption could be the tolerance
of our people. Sadly, there appears to be a blatant lack of public outcry
against corruption. As a result, thanks to an absence of a strong and effective
public forum to oppose corruption, we simply allow it to reign over us.
Another student was intrigued as to why even well-informed
people have carried this corruption burden for so long and why they haven’t revolted?
Is this linked to an unflinching faith in karma
theory or is it a reflection simply of utter helplessness, he wondered? Even
the efforts of social activists such as Anna Hazare have not been able to make a
dent. Worse, neither are educated people supporting such efforts adequately.
A participant felt that we need a second freedom struggle
and the fight against corruption must begin at home. The family and schools are
the two indispensable social institutions, which must be activated to fight for
the revival of our value system. Functioning of these institutions at high
ethical level could perhaps usher in a revolution. A revolution to change the
mind set of both the giver and the taker. However, the pressure must come from
the public. It should be stirred against corrupt practices. In fact, the youth
can make a difference if only they had role models.
An interesting view point that emerged was that the ones who
talk about corruption and ethics today happen to be sixty-plus. Most of them, however, had been part of the
corrupt system in one way or the other. But, they didn’t fight against the
issues when they had the power or the energy. So, at 60 when they preach, they fail
to inspire confidence amongst the youth.
Hinting towards the rise of Maoists in the country, a
speaker wondered what would happen to the society, if the common man, whose
interests were getting defeated by the corrupt, would one fine day take to
violence as the only option available to him to improve his lot. So where do we
go from here?
Be a citizen journalist, said one. Make use of modern
gadgets such as cell phones with cameras to expose corrupt officials, felt
another. However, a trustee of Nandini
stressed that efforts must be made to develop hatred against corrupt practices
and corrupt elements in our society. The root cause of corruption, he
explained, is greed and the biggest challenge before us is how to overcome it. ---INFA
(Copyright,
India News and Feature Alliance)
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N-Deal Stuck In NSG:INDIA NEEDS TO BE FLEXIBLE, by Sitakanta Mishra,26 August 2008 |
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Round The World
New Delhi, 26 August 2008
N-Deal Stuck In NSG
INDIA NEEDS TO BE FLEXIBLE
By Sitakanta Mishra
Senior Research
Scholar, South Asian Studies Division,
Jawaharlal Nehru
University, New Delhi.
With the unfolding of events since the trust vote on 22 July
2008, the discourse on India's
credential as a sovereign nation has turned a full circle. First, the current
nuclear conundrum is axiomatic of India's culture of democratic nuclearism, identity formation
and national interest which have evolved through many ups and downs.
Second, India's
stand at the recently held 15th NAM
ministerial meeting in Tehran
vindicates its responsibility as a demagogue in its region and its commitment
for unbiased international order. Third, the unanimous endorsement of the
India-specific safeguards by the IAEA Board of Governors at Vienna
marks the beginning of the fruition of India's single-minded challenge to
the lop-sided global nuclear order.
Finally, the hold up of India's waiver application in the
NSG and the consequent diplomatic push and pull vindicate that the deal is not
really straight-jacketed as has been branded by many. All these events
underline the fact that national interest and sovereignty nourished by the democratic
ethos is paramount in India's
recent undertakings, although it has been coloured otherwise.
The domestic debate over the Indo-US nuclear deal leading to
the trust vote seems to have been interpreted out of proportion. Undoubtedly,
it is the first instance when the country’s foreign and nuclear policy issues
were the bone of contention. But there is no denying the fact that nuclear
issues have always been "highly opinionated" perhaps owing to our
argumentative trait and "deeply entrenched" culture of democratic
debate. Resulting in the nuclear policy and planning, except the operational
aspects, being vigourously debated.
While on the one hand, the euphoria over the deal and the
consequent political gimmick is an off-shoot of New Delhi's democratic nuclear discourse. On
the other hand, the episode brings forth the nuances of the political-nuclear
interface and the resultant domestic hubbub.
In relation to the
deal, two inter-connected issues --- our independent foreign policy and the alliance
with US --- have repeatedly been highlighted and claimed by the Left as stains
on India's
sovereign nationhood. While their principled opposition to the deal is
understandable, on the flip side, it was a slap on India's proud claim as a vibrant
democracy when a part of the system was unable to overcome ideological
stereotypes. It is shocking that some leaders and parties failed to understand
the fact that technology misunderstood is
development missed.
The approval of the India-specific safeguards agreement
through "consensus" by the IAEA Board of Governor on 1 August will
permit regular IAEA surveillance of India's 14 declared civilian
nuclear energy plants out of a total 22 facilities. Among the proposed 14, 6
are already under the agency's supervision and if things go right it would
start implementing the new agreements at the facilities in 2009.
According to the IAEA Chief Mohamed EL Baradei the deal
satisfies India's
needs and also meets all legal requirements of the UN atomic watchdog. All eyes
are now on getting a "clean and unconditional" exemption at the
Nuclear Suppliers Group, which is likely to meet for the second time in early
September.
However, the Congress-led UPA Government's hook or crook
approach to silence the domestic dissent would certainly not work while dealing
with international divergence. Small countries like Austria,
Ireland, Norway, Switzerland
and New Zealand have already
shown their discontent and have emphasised reintroduction of provisions for
full-scope safeguard and India's
membership in the NPT during the NSG meet.
Clearly, the Foreign Ministry needs to introspect why these
small countries have raised apprehension about India's credentials when developed
countries have wholeheartedly supporting the deal? Most of the Scandinavian
countries have never found adequate attention in New Delhi’s international calculation.
One can easily perceive how Canada
and South Africa were
quickly convinced in comparison to other small nations perhaps owing to the
fact that Ottawa and Pretoria
bag greater attention from New Delhi
than the Scandinavians. For that matter, the Left assertion on India’s foreign
policy having a big-power-bias holds some truth.
The lack of consensus in the NSG to okay the India-specific
waivers doesn't mean that the countries have opposed it outright. Instead, they
wanted another round of debate on India's credentials. The hardened
attitude of these countries can also be a consequence of the internal debate in
India.
This has generated a chain reaction in the countries which have dissent on the
deal.
For example, the Indo-US deal is reflected in the local
politics of Austria,
a strongly anti-nuclear country which is preparing for fresh election in
September. Austrian critics lament that their Government is not more vocal and
firm in its opposition to the N-deal. Chancellor Alfred Gusenbauer’s coalition Government
has been accused for currying favour with India
in order to win New Delhi's
backing for an Austrian bid for a non-permanent seat on the UN Security
Council.
In the US
too, anxiety on the deal is gathering steam in tandem with the run-up to the Presidential
election. Many hope that the deal would be passed during the current Congress
and the choice of Joseph Biden as the Democratic Vice Presidential candidate
has eased the situation. Moreover, Barack Obama's non-proliferation zeal may
well be tempered by Biden's enthusiasm for India and the deal. Republican McCain
is already committed to the deal. Thus the deal might have a spill-over effect in
the electoral battle.
At this
juncture, while India
can demand a "clean exemption", and oppose any conditionality, for
example signing the NPT and the CTBT, however “it does make sense to be
reasonably flexible". The deal after all does have in-built mechanisms for
any future eventuality.
The US on its part has already dispatched
envoys to New Zealand, Canada, Japan,
Austria, Sweden, Switzerland,
Norway and the Netherlands,
among others to persuade them. The US
Deputy Assistant Secretary of State Glen Davies is in Wellington
to persuade New Zealand, the
staunchest hardliner, to support India.
More importantly, New
Delhi needs to understand that there is no such thing
as unconditional waiver. If in its next meet in early September the NSG remains
chary of granting India
carte blanche approval, a measure of flexibility on its part without
compromising the core concerns, should be in place.
Therefore, to drive the deal towards its logical conclusion,
India, in the short run, needs to mobilise all resources at its disposal to
maintain unanimity on the deal while
remaining flexible on substantive issues, if warranted. In the long-run, it
needs to reach out to small nations by spreading its soft power.
Also it is in the interest of the Congress Party to demystify
domestic apprehension by selling the benefits of the deal to the aam aadmi on a war-footing. Besides, the
deal and New Delhi’s relations with the US should not
become an end in itself. The Government must remain alert to anything going
wrong or modification of provisions needed while negotiating with the NSG or
with the US Congress. Therefore, it has rightly been said, "negotiating
for an exception for India …
would be like negotiating with Winston Churchill for the liquidation of the British Empire." ---INFA
(Copyright,
India News and Feature Alliance)
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One Gold, Two Bronzes:DOESN’T TOTAL SPORTING NATION, by Poonam I Kaushish, 23 August 2008 |
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POLITICAL DIARY
New Delhi, 23 August 2008
One Gold, Two
Bronzes
DOESN’T TOTAL
SPORTING NATION
By Poonam I Kaushish
Sharp shooter Abhinav Bindra, boxer Virendra Kumar, and wrestler
Sushil Kumar were nameless non-entities. Just a part of the Indian contingent
to the Beijing Olympics 2008. Till a gold and two bronze medals changed their
life for ever, paved their future in gold. And brought glory to India.
A billion-strong nation came out like termites out of the
woodwork to laud and sing paens over India’s new sports wonder boys. But
in the delirious cacophony of congratulations perhaps not many noticed that
these three young lads reflect ‘Yuva Bharat,
who have struggled and clawed to reach where they are. By sheer grit and
determination. Believing in themselves, living their dreams and turning them
into reality.
Today, as the Central and various State Governments open
their coffers and dole out awards running into crores has anyone pondered to
pause and think. What are they celebrating? That it took India 61 years
to win one gold in the individual category? That these victories are no thanks
to the Government and the Indian Olympic Association (IOA)? Or that despite all
adversities these sportsmen did India
proud?
Where was the Government when these lads needed them most? It
is all very well for our netas and babus to justify their lack of support,
monetary and logistics, to Bindra by stating that shooting is a very expensive
sport and given the meagre funds and resources for dispersal to all fields it
is not possible to earmark large amounts for shooting alone. Really? How do
other countries do it? Or there too shooters have rich fathers? Clearly, this
argument cuts no ice when daily stories of a corrupt polity and babudom abound.
Let’s take the case of Sushil and Virendera. How does the
Sports Ministry and the IOA justify lack of funds and support for khushti, a favourite in villages and mukke baazee the ‘hot’ sport for urban youth brought up on Mohammad
Ali and Joe Fraser’s video games? Or are they merely trying to whitewash that
these two players reached the top despite their poverty.
Heart rendering is their tale. Of how they walked the jagged
edge of poverty and nurtured their talent. Both are sons of drivers. Both come
from a lineage where there was never enough money for food. Of days when they
had to survive on roti with water.
Yet their families put all they had in their sons. Both lived in a tiny room
with 25 other sportsmen with rodents and cockroaches as their daily companions,
performed sans physiotherapists to beat all odds and win in the international
arena. Where was the Government?
Scandalous also is how Manipuri weightlifter Laishram Monika
was pulled out at the last minute from going to Beijing ostensibly on ‘doping’
charges. Or was it because the Indian Weightlifting Federation wanted to favour
another player. The net result? The dope allegation had no basis but by then it
was too late for her to go. Leading to the Manipur Chief Minister demanding a
CBI enquiry.
Instances are a plenty. Take the case of a shooter, whose
shooting career effectively ended when her pistol was stolen. The Sports Ministry
couldn’t or wouldn’t buy her a new one. Ditto is the case of hockey.
Shockingly, the Indian men’s team failed to qualify for the Olympics. Considering
that hockey had brought India
it’s first ever gold medal in its Olympic debut in 1928. It won seven more gold
medals, the last in the 1980 Moscow Olympics. After which India's dream
run in hockey came to an end.
Why? Mum is the word. Yet hockey is our national sport. Worse,
we call ourselves a nation of sport lovers. Spoil sports is more like it.
Clearly, some pressing questions need to be answered. Tragically, today sport has
less to do with sport. It has turned into a game of power and money. Sports be
dammed. Sportmen are branded according to their net worth and launched in the
sports arena as ‘companies’ which market
different products each according to their brand appeal and market
acceptability.
Shooter Bindra hit the bull’s eye when he stated that India
today is all about cricket, thanks to the IPL and its big bucks. But cricket
can never be the true symbol of Indian sports as it is played only in 20
countries around the world. All youngsters wanted to play nothing but cricket.
All wanted to become Dhoni, Pathan or Sehwag. Till Bindra and his two
colleagues win wherein now corporate coffers are opening up for them like Aladdin’s
lamp.
Less said the better of our various sports bodies. Which are controlled and headed by faded
politicians, who exist on five star consumerism and vested interest. Ambitious
people with powerful connections who take a battalion of their high-flying
socialites to international sporting does as cheer-leaders. While sportsmen
languish in dormitories with a stipend of a mere US $25 a day.
See the difference between China and India. For the opening
ceremony of the Beijing Olympics, China juxtaposed centuries-old civilization
with a futuristic modern nation. Preparations were on for nearly 100 years for
the 16-day razzmatazz were China made its debut in the Super League of nations.
Sportspersons, past, present and the future, showcased China in all its
manifestations.
What of India? Serious preparations for Delhi Commonwealth
Games have yet to start. All are busy in finger-pointing and quibbling over who
will handle the Rs 500 crores cash till. But if the show we put up at the closing
ceremony of the Commonwealth Games in Sydney is any indication then don’t
expect much.
Outrageously, out of the Rs 44 crore earmarked, over Rs 18
crores was paid to a Mumbai event management company to produce an 11-minute
capsule on India culture, read Bollywood. Saif Ali Khan, Rani Mukherjee and
Ashwariya Rai were reportedly paid Rs one crore each to wave to the audience.
It is another matter that Bollywood and its filmi
jhatkas have nothing to do with sports akharas
and maidans.
Much of the problem with developing Olympic champions here
seems to be rooted in the very same things that make India a perpetual also-ran
to China in economic development: poor infrastructure, entrenched political
corruption and infighting, and chaos and disorganization. Money earmarked for
Olympic training is often mysteriously sidelined, facilities for training are
in poor shape and equipment goes missing. Any wonder that India has only won 25
medals in Olympic Games since 1928.
In this free-for-all vicious circle of avarice lies the
forgotten Greek philosophy of sports: The health of a nation depends upon the
proficiency of its youth in sports and games.
Sadly, our rulers are not interested in sports, but only in the victory
of glistening gold on the world stage. And it is prepared to reward victors
with goodies only when they have done the nation proud. The word nurturing of
talent is no-existent in the Indian lexicon.
Finally, the million dollar question? How is the Government
going to pull out the country from this sports morass? For starters keep politicians and bureaucrats
out of sports. It is plain that rescuing sport from the Octopus-like grip of
vested interests, pathetic management, bad planning deceit and money across the
country will be a long and painful process.
Nevertheless, a beginning has to be made soon. We have to be
clear about what we want to achieve and how? The true legacy of the three
medals will lie in whether money can now be made available to build the
training superstructure for other sports and sportmen. The fear of the fall of
our icons should not make us turn a blind eye to our own crime in queering the
pitch for what India desperately needs: healthy sport. Or, else reconcile to
being spoil sports! – INFA
(Copyright, India News and Feature
Alliance)
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