Hell Breaking Loose!

Hell Breaking Loose!

Indian Holocaust My father`s Life and time - One Hundred THIRTY SEVEN

Palash Biswas



Beer becomes popular in North India! Beer is gaining more popularity in some of the non-traditional beer markets in North India like Rajasthan, Punjab, Delhi and Uttar Pradesh! WHAT A CHANGE !

It was bloodbath at the Indian stock markets on the first trading day of the new financial year on April 1, 2007. The Sensex -- the benchmark 30-share sensitive index of the Bombay Stock Exchange -- plummetted by a nerve-rattling 617 points following ...!

Indian Markets Crash, Sensex and NIFTY plunge. India's manufacturing sector slows down.Exports up 23% in Feb, trade deficit continues to grow .All hell breaking loose coming in your direction Screaming down across the sky There is no protection! Freeze on SEZs may go soon! The relief is coming only for those SEZs which have land. The fate of those without land will be decided only after Centre comes out with a comprehensive relief and rehabilitation policy.On the other hand,a robust increase in production levels and easing of input price inflation failed to offset the continuing slowdown in the country's manufacturing sector growth, which hit a new low last month after its steady decline for the sixth month in a row. India's exports grew 23.83 per cent year-on-year in February to 9.70 billion dollars, while imports were up at 30.10 per cent to 14.36 billion dollars, government today said.In the first 11 months of this fiscal, exports grew 22.95 per cent to cross the 100 billion dollars mark at 109.1 billion dollars, according to figures released by Department of Commerce. The imports during the period grew 30.59 per cent to 164.98 billion dollars, taking the overall trade deficit to 55.85 billion dollars, which has grown by 48.6 per cent over the same period last year.

The deficit during the same period last year was 37.57 billion dollars! Coffee exports down by 17percent!
Tenth Plan closes in on achieving growth targets!
See:http://nandigramlalsalam.blogspot.com/index.html


Iraq, Iran,Afganistan, Lebanon, North Korea -- Hell Breaking Loose Everywhere!

Hell broke loose in Hiroshima and Anagasaki!

Hell broke loose in Vietnam!
Hell broke loose in Bhopal!

Hell is breking loose in Left ruled Bengal and UPA ruled India!Hell Break Loose!
No body speaks on State sponsored violence!

Terrorism and connectivity have been among the issues that dominated the first half of the SAARC Ministerial Conference in New Delhi, as the Foreign Ministers of SAARC Countries began preparing ground for the two-day SAARC Summit starting from Tuesday!

US human rights body criticises India
New York: Two United States-based human rights watchdogs have accused India of failing to uphold its international obligations to ensure that the fundamental rights of Dalits are safeguarded. “As a result, more than 165 million Dalits are condemned to a lifetime of abuse because of their caste”, the Centre for Human Rights and Global Justice and Human Rights Watch claimed in a report. “Prime Minister Manmohan Singh has rightly compared untouchability to apartheid, and he should now turn his words into action to protect the rights of the Dalits”, said Professor Smita Narula, co-author of the report.

—(PTI-Hindu, Feb.15, 2007).

Communalization on Fast Track

Victims of attack on minority communities narrate their sufferings to an Independent People’s Tribunal.




By Vishal Arora

About 300 women and men from different States, who had suffered communal attacks, assembled in Delhi from March 20-23 to give their testimonies to an Independent People’s Tribunal organised by Delhi-based voluntary organisations Anhad and Human Rights Law Network (HRLN).



John Dayal speaking at the tribunal

One of the unfortunate trends, highlighted by the numerous depositions before "The Independent People’s Tribunal against Rise of Fascist Forces in India and the Attack on the Secular State", was that the victims of Christian persecution face denial of justice by government agencies after they are subjected to brutal attacks by Hindu extremists.

Of the 300 victims who submitted their statements, at least 50 were Christians. The rest were mainly from Gujarat, which witnessed a wide-scale killing of members of the Muslim minority community during the infamous post-Godhra riots in 2002.
Read More:http://www.indiancurrents.com/coverstory1.htm



Celebrate the resistance

The Left tradition is alive. In the amazing resistance of peasants, among poor people who cling to their urban dwellings and livelihood, in the unprecedented, tumultuous expressions of solidarity with the people of Nandigram that now rock cities and towns

Tanika Sarkar Delhi

The true history of the terror at Nandigram between 14 and 16 March will probably never be disclosed in its fullness. Snippets of information that broke through the police cover, and visual fragments that could be shown on television channels have, nonetheless, brought forth an unprecedented upsurge of popular outrage all over the state, from all ranks of people. It is time to open up some old histories and structural characteristics of CPI(M) conduct in the state.
Read Full Story: http://www.hardnewsmedia.com/portal/2007/04/872
Mandal Will Have The Last Laugh

By Vidya Bhushan Rawat

31 March, 2007
Countercurrents.org

A two judges bench headed by Justice Ajit Parsayat has stayed the 27% quota meant for the Other Backward Communities in the higher education. The upper caste Hindus today celebrated Holy and Diwali. After the miserable failure and huge loss of advertisement by the favorite Indian cricket team virtually surrendered to Bangladesh and then to Srilanka, the reactions were similar to that happened to anti Mandal agitation in 1991. If our memories have not faded, we must revisit the events in Eden Gardens, Kolkata when the downtrodden Sri Lanka was inflicting a humiliating defeat and the Bhadralok crowd at Kolkata started throwing paper missiles, and stones at the Srilankan players. I am afraid, if this World Cup were being organized in India, the Indian people would not have allowed Bangladesh to win. That is upper caste nationalism in India. A nationalism, which does not recognize merit but purely create merit on the basis of one's caste.
Read Full Story:http://www.countercurrents.org/dalit-rawat310307.htm



Only yesterday, West Bengal Chief Minister Buddhadeb Bhattacharaya met Prime Minister Manmohan Singh and Super prime Minister Mrs sonia Gandhi seeking early announcement of the policy! Despite violent demonstration by the other Left and Indian Intellegentsia in general, it is quite obvious CPIM Politbureau has decided to work for MNCs and NRI capitalists. This is their Revolution for which Indian Brahmins launched Communist Movement in this part of the world!
West Bengal Government today ruled out the possibility of deployment of additional forces at the trouble-torn Nandigram although the situation there has deteriorated further with the recovery of a charred body.

West Bengal Chief Minister Buddhadeb Bhattacharjee was lobbying in Delhi for a "damage control" exercise after the Nandigram killing, well aware that without the Centre's help the incident cannot be covered up, Trinamool Congress supremo Mamata Banerjee today alleged.
"He (Bhattacharjee) has undertaken a damage control exercise by using the UPA government. Without Delhi's help he cannot cover up Nandigram incident," Banerjee told reporters here when asked about the Chief Minister's meeting with Congress President Sonia Gandhi yesterday.
She said the Central government cannot remain an onlooker only because the CPI-M was extending support to the government and must intervene when the "LF government has unleashed a state-sponsored terrorism".

The freeze on special economic zones may go in the next 10 days, with the empowered group of ministers expected to give its nod to proposals that show land has already been tied up.

"The eGoM will meet in the next 10 days and its first call will be to decide on the 82 cases where all formalities have been completed and are awaiting notification," official sources told PTI.
The meeting of the eGoM follows a clearance from the Congress party that had met last week to decide the future of SEZs, which were facing uncertainty after violent protests over land acquisition in Nandigram in West Bengal and uproar in other states.

The party gave the clearance after pressure mounted from the Commerce Ministry and also from UPA partners, including DMK in Tamil Nadu and some state governments.

Of the 234 proposals with formal clearance, only 63 SEZs have been notified. Of the remaining, 82 have applied for notification after completing all formalities.



India shines! Future of india, Congress young turk Rahul Gandhi Monday began his second road show in poll-bound Uttar Pradesh with a sharp attack on both Samajwadi Party and the BSP for dividing people on the basis of caste and religion!Playing the development card and questioning the records of the successive SP and BSP governments, the Amethi MP criss-crossed Lalitpur district, which forms part of the Bundelkhand belt and goes to polls on April 7.

In an attempt to woo Muslims ahead of UP polls, Congress has promised to take up issues like giving proper representation to the community in state police and making Urdu the 2nd language of the state if it is voted to power. In the election manifesto released by the party in Lucknow, Congress has promised to continue the minority status of Aligarh Muslim University, making Urdu the second language of the state, non-interfere in their personal laws and ensure safety of their religious places. The party also promised proper representation to the community in state police and Police Armed Constabulary. The manifesto has been released in Lucknow by AICC General Secretary Ashok Gehlot, UPCC president Salman Khursheed, CLP leader Pramod Tewari and former chief minister Ram Naresh Yadav.

BJP promises to make petrol and diesel cheaper in UP if it is voted to power! AP Upper House revived after 20 yrs!

West Bengal seems to have buckled under pressure and agreed to relocate but not abandon plans of the Special Economic Zones (SEZs ) following deadly protests by villagers. The state had set aside land around the village of Nandigram as part of its plans to set up SEZ, modelled on a Chinese program to give foreign companies large tax-free enclaves to spur industrialisation.
But a few villagers were shot dead in a protest that ensued when villagers opposed the compulsory purchase of their farmland on behalf of Indonesia's Salim group. The controversial SEZ scheme, launched in 2005, has met with massive protests from those living on land earmarked for such zones. It has also sparked debate over whether farmland should be used for industry in India. The Central Government has also decided against reversing plans to create SEZs, although it has promised to come up with a compensation package for displaced villagers.

Targeting India's rich and famous, top French luxury brands are working out their plans to open outlets in major cities including Delhi and Mumbai!

CEOs of at least a dozen French labels converged here last week to find out the policy fine-prints about opening their shops in best of India's fashion and lifestyle hubs and interacted with their potential local partners and senior bureaucrats.

Up to 15 people have been killed after a tsunami up to five metres high washed villages away following a massive underwater earthquake in the Solomon Islands.

Have you money in your pocket to purchase?
Here You are!

The Indian Institute of Management (Calcutta) has hiked the fees for its postgraduate programmes by Rs 25,000 from the next session to strengthen its infrastructure!

Mumbai: India will remain one of the youngest countries in the world in the next few decades and this "demographic dividend" is seen as an inevitable advantage that the country will enjoy, observed Reserve Bank of India (RBI) Governor Y V Reddy. However, "prerequisites such as skill-upgradation and sound governance to realise it" should be put in place, he said. "More important, the demographic transition is likely to be stretched over a longer period since States, from Kerala to Uttar Pradesh, are at different stages of such changes." Reddy was delivering a lecture at the 18th Annual Forum on "The Outlook for Financial Markets, for their Governance and for Finance" in Italy on Friday.

EU raises alarm on effects of climate change
Brussels, April 2 : The European Union's top environment official lashed out at the United States and Australia on Monday for not doing enough to cut carbon dioxide emissions, at the start of a U.N. conference to assess the impact of global warming. The U.S. should end its ``negative attitude'' toward international negotiations on a new climate change pact to reduce emissions, EU Environment Commissioner Stavros Dimas told the conference of experts from around the world.

``We expect from the United States to cooperate closer,'' Dimas said. ``It is absolutely necessary that they move because, otherwise other countries, especially the less developing countries, do not have any reason to move.'' Dimas also criticized Australia for not applying the 1997 Kyoto protocol, which requires 35 industrial nations to cut greenhouses gases. ``I cannot comprehend why Australia has not ratified the Kyoto protocol,'' he said, adding that 80 percent of public opinion in Australia supported Kyoto.

The five-day meeting of the Intergovernmental Panel on Climate Change _ a network of more than 2,000 scientists _ is to finalize a report on how warming will affect the globe and whether humans can do anything about it.

Turning point in history
Farmers from across the country lay siege to the capital in protest against the massacre and SEZs

Akash Bisht Delhi

If farmers in Nandigram feel that the CPI(M) has betrayed them, they can find solace in the fact that farmers from different parts of the country are up in arms against the brutal police action in West Bengal. More than 2,50,000 people from different parts of the country were in Delhi from March 21 to March 23, to protest the new pro-business and pro-multinational economic policies of the UPA and West Bengal governments, the Nandigram massacre.
http://www.hardnewsmedia.com/portal/2007/04/876

Saxon Lyrics

Gonna shout
Big twin rolling
Street fighting gang
Freeway mad
Bad boys like to rock
Just let me rock
Power and the glory
Watching the sky
Heavy metal thunder
Wheels of steel
Taking your chances
Rock 'n' roll gypsy
To hell and back again


[ SAXON Lyrics ]

"All hell breaking loose"

(center text)

[Byford/Quinn/Scarratt/Carter]

Dark clouds gather in the east
Calm before the storm
The devil sends his messenger
Hurricane is born
Lightning cracks across the sky
The tempest has begun
Raging forces take control
Destruction soon will come

Tearing up smashing down rolling on and on
Smashing through getting close
The time to run has gone
Twist and turn on its path
Crashing through your valley
This is nature's killing ground
You're in tornado alley

All hell breaking loose coming in your direction
Screaming down across the sky
There is no protection
All hell breaking loose coming in your direction
Screaming down across the sky
There is no protection

Turn your heads towards the sky
Pray for your salvation
You can't stop this mighty force
It's not of your creation
Death and chaos all around
This is not a dream
Caught inside the deafening roar
No one hears your scream

Tearing up smashing down rolling on and on
Smashing through getting close
The time to run has gone
Twist and turn on its path
Crashing through your valley
This is nature's killing ground
You're in tornado alley

All hell breaking loose coming in your direction
Screaming down across the sky
There is no protection
All hell breaking loose coming in your direction
Screaming down across the sky
There is no protection

Lightning cracks across the sky
The tempest has begun
Raging forces high above
Nowhere left to run
Dark clouds gather in the east
The calm before the storm
The devil sends his messenger
Hurricane is born

Tearing up smashing down rolling on and on
Smashing through getting close
The time to run has gone
Twist and turn on its path
Crashing through your valley
This is nature's killing ground
You're in tornado alley

All hell breaking loose coming in your direction
Screaming down across the sky
There is no protection
All hell breaking loose coming in your direction
Screaming down across the sky
There is no protection, protection, protection

All hell breaking loose coming in your direction
All hell breaking loose

The train stops at Nandigram


The train stops at Nandigram

After 30 years of being big bully, big brother in Orwellian West Bengal, with ‘Buddha’ being equated with Narendra Modi as ‘the role model of development’, Nandigram might mark the epitaph of the CPI(M) in ‘India Shining’


Amit Sengupta Delhi

Those days, in the early 1970s, the slogan used to be in a fiery rhythm, almost a melody:Aamar Naam, Tomar Naam, Shobaar Naam: Vietnam… Vietnam…Aamar Bari, Tomar Bari, Shobaar Bari: Naxalbari… Naxalbari… Literally, it means, my name, your name, everyone’s name: Vietnam, Vietnam; my home, your home, everyone’s home: Naxalbari, Naxalbari. So it is not unpredictable or jarring, when the slogan, in 10 per cent growth rate, ‘Manmohanics India of March’, 2007, turns out to be as rhythmic and beautiful, almost Gandhian in its rooted simplicity: Aamar Gram, Tomar Gram, Shobar Gram: Nandigram, Nandigram.

My village, your village, everyone’s village: Nandigram, Nandigram.
http://www.hardnewsmedia.com/portal/2007/04/870

One step forward, two steps massacre
Even Left-leaning intellectuals join the chorus of protests over Nandigram


Rajat Roy Kolkata

Three days after the Nandigram massacre, a few thousand students, intellectuals, poets and artists assembled in front of Metro Cinema in the heart of Kolkata and condemned the Left Front government in no uncertain terms. It was a scene the city has not witnessed for a long time. Prominent among the protesters were some Left intellectuals who have never been seen taking an anti-Left position.
http://www.hardnewsmedia.com/portal/2007/04/878

Nandigram: Communism as fascism - I

Rajeev Srinivasan

There is nothing in the way the Communists of West Bengal conducted themselves at Nandigram that should have amazed anybody. There have been enough instances of Communists demonstrating that despite all their pious propaganda about the rights of the common man, in practice Communism is mostly about self-aggrandisement and the growth of the State at the expense of the populace.

The classical definition of fascism, in Mussolini's own words, includes the following (I am relying on the Wikipedia entry at http://en.wikipedia.org/wiki/Fascism#Authoritarian_and_totalitarian_state)

Anti-individualistic, the fascist conception of life stresses the importance of the State and accepts the individual only in so far as his interests coincide with those of the State, which stands for the conscience and the universal will of man as a historic entity.... The fascist conception of the State is all-embracing; outside of it no human or spiritual values can exist, much less have value....
http://www.rediff.com/news/2007/apr/02rajeev.htm

Bullets vs people
Bullets vs people

It is critical to engage the people in meaningful dialogue before embarking on ambitious industrialisation that requires land acquisition and displacement

Arun Varma Delhi

We strive to live in two worlds, that too, with equal comfort in both the worlds. The struggle is to strike a balance between two metaphysical entities: urban and rural, English and vernacular, agrarian and industrialised, Gandhian and capitalist. One is not sure whether these are symptoms of an evolving society. However, these conflicts are happening at the most inopportune moment and threaten to stretch the social fabric too far.

The Nandigram unrest needs to be looked at in this light. What exactly is our preached and practiced way to development? After 60 years of independence and after 16 years of economic liberalisation, we as a society seem to be at a baffling state of ideological conflict. Mass murder and rape over land acquisition in Nandigram shows just that. This is the second incidence after the Kalinganagar firing in Orissa. Singur, where the Tatas are building their small car factory, is still smouldering. The situations in Nandigram and Kalinganagar are comparable. This is shocking in a democracy.
Read More:http://www.hardnewsmedia.com/portal/2007/04/879


Rajendra Babu takes over as new NHRC chairperson
Former Chief Justice of India Rajendra Babu Monday took charge as the new chairperson of the National Human Rights Commission (NHRC).

India, US sign MoU to cooperate on environmental issues
India and United States Monday signed a Memorandum of Understanding (MoU) to cooperate on environmental issues with the aim to protect human health and promote sustainable development in India.

Centre has prepared roadmap for implementing quota: Moily
Former Karnataka Chief Minister and Administrative Reform Commission (ARC) chairman, M Veerappa Moily on Monday said the Union government has prepared a roadmap for implementing reservation for other backward classes (OBCs) in elite educational institutions.


India, Pak defence secretary-level talks on April 6
India and Pakistan will hold defence secretary-level talks on Siachen on Friday in an effort to resolve the vexed issue.

Delhi best city to live in India; 148th in world
New Delhi is the best city to live in among the metros in India and can boast of the highest standard of living in the country according to the worldwide quality of living survey.

RBI hell-bent on curbing inflation
Abheek Barua

The Reserve Bank of India's somewhat drastic decision last Friday to hike both its refinance (repo) rate and the cash reserve requirement for banks seems to have taken the markets by surprise.

However, few can claim that it was entirely unanticipated. Headline inflation has remained stubbornly close to the 6.5 per cent mark. Despite a raft of lending rate revisions by banks over the last four months, overall credit growth still seems uncomfortably high at 30 per cent or so.

Money supply growth printed at 22 per cent for the fortnight ended March 16, way ahead of the nominal GDP growth, which at best would come in at 16 per cent for the January-March quarter. Thus, there seems to be enough indication that there is too much money chasing a smaller supply of goods.

The central bank could have other concerns. Much of the upward push on money supply has been driven by foreign capital inflow. While a fair bit of this money has come in as foreign direct investment (traditionally considered "superior" to the more fickle portfolio flows), a significant proportion has come in as FDI in real estate, a sector that has stayed on the RBI's "overheating watch" for a while now.

There is also anecdotal evidence of escalating bad loans in retail portfolios of banks. To add to its woes, strong capital inflow has driven up the real nominal exchange rate of the rupee. This comes at a time when export growth, with the exception of oil products, shows signs of flagging.

The 10 biggest falls in Sensex history

It was bloodbath at the Indian stock markets on the first trading day of the new financial year on April 1, 2007. The Sensex -- the benchmark 30-share sensitive index of the Bombay Stock Exchange -- plummetted by a nerve-rattling 617 points following the Reserve Bank of India decision to hike the cash reserve ratio and repo rate last Friday. This is the second-largest largest fall in a single day ever witnessed in the history of the Indian stock markets.
http://www.rediff.com/money/2007/apr/02sensex1.htm

Rs 15,00,00,00,00,000 lost in 6 hours!

For investors, there is no worse way to start the new fiscal than to see over Rs 1.5 trillion (Rs 1.5 lakh crore) go down the drain in trading that lasted less than six hours.

The cumulative market value of all the companies listed on domestic bourses is estimated to have dropped by a whopping Rs 150,000 crore (Rs 1.5 trillion) on Monday when the Bombay Stock Exchange's 30-share benchmark Sensex lost 617 points to end at 12,455.37.

More than half of the total loss was shouldered by investors in the country's 30 biggest blue chip companies, which saw an erosion of over Rs 80,000 crore (Rs 800 billion) in market value.
http://www.rediff.com/money/2007/apr/02loss.htm

The incredible story of Tata Motors and the Rs 1-lakh car

Robyn Meredith, Forbes


An Indian car may soon earn a parking place in history alongside Ford's Model T, Volkswagen's Beetle and the British Motor Corp.'s Mini, all of which put a set of wheels within reach of millions of customers after they rolled onto the scene.

Tata Motors is developing a car it aims to sell for about $2,500--the cheapest, by far, ever made.

There is a lot riding on its small wheels. If the yet-to-be-named car is a success when it goes on sale next year, it would herald the emergence of Tata Motors on the global auto scene, mark the advent of India as a global center for small-car production and represent a victory for those who advocate making cheap goods for potential customers at the "bottom of the pyramid" in emerging markets.
http://www.rediff.com/money/2007/mar/30tata.htm


India ready to further ease visa procedures: Pranab

Heeding to demands for free movement of media persons and goods across South Asia, India today announced that it would unilaterally take further steps to liberalise the visa regime as it emphasised the importance of connectivity to enable the region to realise its potential. The External Affairs Minister, Pranab Mukherjee, said South Asia was at a "defining moment" in history and had a "collective opportunity for leap-frog" in terms of growth.

Terrorism and connectivity were among the issues that dominated the first half of the South Asian Association for Regional Cooperation Ministerial Conference in Delhi on Monday, as the foreign ministers of the member countries began preparing ground for the two-day 14th Summit of Heads of State/Government starting Tuesday.

External Affairs Minister Pranab Mukherjee, Pakistan Foreign Minister Khurshid Mahmood Kasuri, Rohitha Bogollagama (Sri Lanka), Sahana Pradhan (Nepal), Dr Ahmed Shahid (Maldives), Lyonpo Ugyen Tsherin (Bhutan), and Dr Iftekar Ahmed Chowdhary (foreign advisor of Bangladesh) are participating in the day-long ministerial conference being held a day after the Standing Committee meeting of SAARC foreign secretaries.

Committee recommends far-reaching financial reforms
New Delhi, April 2 (PTI): A high-powered committee has asked the government to make rupee fully convertible vis-a-vis other currencies by December 2008 and reduce its equity and finally exit all financial institutions by 2015 to make Mumbai an international financial centre.

The committee in its report, released today, also suggested replacing existing legislations governing financial sector with a new Financial Services Modernisation Act and abolishing controversial Securities Transaction Tax and stamp duties.

The committee, comprising senior bankers including SBI Chairman O P Bhatt and ICICI MD and CEO K V Kamath, has recommended that global firms dealing with corporate law, accounting, business consultancy and tax advisory should be allowed to set up offices in Mumbai.

"Having considered the recommendations of the Tarpore-2 Committee report very carefully, the committee nevertheless recommends that full capital convertibility should be achieved within a time-bound period of the next 18-24 months and by no later than the end of calendar 2008," it said.

The convertibility question is critically linked to the possibility of a currency crisis, which India has successfully avoided over 1991-2007, said the report, submitted to Finance Minister P Chidambaram.

To make Mumbai an International Financial Centre in two phases by 2020, the committee said India should emulate those countries that have successfully implemented full currency convertibility and avoid mistakes made by few others.


BJP fears boost to naxalism as Maoists become Nepal Ministers

The main Opposition BJP today asked the Government to keep a watchful eye on naxalite activities, which it feared could get a boost following the induction of five Maoists as Ministers in Nepal.

"This is a very serious development and our Government needs to be extra alert as naxalites could get extra support with Maoists becoming partners in power in Nepal," senior BJP leader Vijay Kumar Malhotra said.

Speaker slaps fine on TC members for vandalism

Kolkata, April 02: West Bengal Assembly Speaker H A Halim Monday slapped a fine of more than Rs 3.97 lakh on 29 Opposition Trinamool Congress legislators for the material loss in the House caused during vandalism by the TC members on November 30 last.

That day, the TC members went on the rampage in the Assembly chamber as well in the lobby after party Chief Mamata Banerjee entered the premises, complaining that she had been prevented by the police from going to Singur to lead a march against handing over of land for Tata Motors' small car project.

Giving his ruling in the House today in response to a privilege motion moved by the Left Front Chief Whip S M Masiha and others, the Speaker said the fine, imposed as compensation for the material loss during vandalism, would be realised from the salary and other allowance of the TC members which had been stopped since December 4.

Halim said that if the TC members (each drawing Rs 13,704 per month) were not willing to pay the fine, the amount (Rs 3,97,416) would be realised from their arrear payment.

The Left Front earlier moved a privilege motion against the Trinamool legislators for ransacking the House.

Halim said that antique value of furniture damaged in the vandalism were yet to be assessed.


Thousands of Pakistani tribesmen enlist to fight militants
Around 5,000 tribesmen on Monday gathered in a Pakistani border area to enlist for ongoing battles against foreign al-Qaeda militants, officials and witnesses said.

‘Bangladesh should form its own brand of democracy’
Bangladesh`s Army chief Monday said the country should build its "own brand of democracy" to remove corruption and poor governance while insisting that the proclamation of emergency was to safeguard democracy.

Top cops charged with contempt for manhandling ex-Pak CJ
Pakistan`s Supreme Court on Monday charged almost the entire top brass of police here with contempt of court for their alleged involvement in manhandling of suspended Chief Justice Iftikar M Chaudhry and ordered judicial proceedings against them.

Why are Indian farmers killing themselves?

Sreelatha Menon

April 02, 2007

Why are Indian farmers killing themselves? For Global Subsidies Initiative (GSI), part of the Geneva-based International Institute for Sustainable Development, the key to this question is shut in the rich countries' blue and green boxes (the blue box subsidies and the green box subsidies).

While the former are the direct subsidies to farmers, the latter come in the form of assistance under heads like technology, conservation and so on.
http://www.rediff.com/money/2007/apr/02guest.htm

Read more:
Moneycontrol.com, India - 20 minutes ago
A: There are three macro-fundamentals for the Indian economy- the GDP growth, the currency against rest of the currencies and domestic interest rates. ...

Real challenge lies in managing transitions in economy: Reddy
Zee News, India - 1 Apr 2007
Mumbai, April 01: The real challenge before the Indian economy presently lies in managing several transitions occurring simultaneously such as the ...
Demographic dividend, a great advantage for India: RBI Governor Hindu
Indian Central Bank Unexpectedly Raises Interest Rate (Update3) Bloomberg
Reddy identifies five major issues for managing high growth Financial Express
Zee News
all 12 news articles »

Calcutta Telegraph With inflation falling, Indian central banker could shift tactics
International Herald Tribune, France - 1 hour ago