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Author: Yashwant Sinha
Publisher: Penguin Books India
ISBN: 9780670999521
Category : Budget
Languages : en
Pages : 284
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Book Description
The Chandra Shekhar Government Had Fallen. Fresh Elections Had Been Called. Yashwant Sinha, Finance Minister In The Caretaker Government, Was In Patna, Contesting For The Lok Sabha Against Tough Opposition, When A Senior Officer From The Finance Ministry Brought An Urgent File For His Signature: India Needed To Mortgage Gold To Obtain A Loan From The Bank Of England To Tide Over A Payments Crisis There Were Just Enough Foreign Exchange Reserves To Pay For Two Weeks Imports. The Crisis Was Not Of Their Government S Making, But It Devolved On Sinha To Take This Drastic Step. If He Ever Got The Opportunity, He Promised Himself, He Would Make Sure That The Country Never Had To Face Such A Crisis Again. The Opportunity Came In 1998, When Sinha Was Appointed Finance Minister In The Nda Government Led By Vajpayee And Was Faced With Yet Another Crisis: The Nuclear Tests In May That Year Resulted In Sanctions And A Possible Flashpoint. The Finance Minister S Decision To Issue The Resurgent India Bonds Helped Tide Over It, Raising 4.25 Billion In Two Weeks From Nris, And The Country Hasn T Looked Back Since. Yashwant Sinha Was Finance Minister For Four Years, Until 2002, And Presented Five Budgets. In Confessions Of A Swadeshi Reformer He Gives Us The Inside Story Of How The Framework For The Growth That Has Taken Place Subsequently Was Laid In That Time. From The Reforms That Were Initiated To The Politics That Threatened All Initiative, The Opposition From Within The Party As Also Outside It, Which Tried To Derail The Process, Sinha Pulls No Punches In This Candid Memoir. Nor Does He Shy Away From Discussing The Attempts To Cut Him Down To Size, Including The Proposal To Split Up The Ministry Of Finance, And The Various Controversies Of The Time From The Two Uti Scams To The Flex Industries Case And The Mauritius Tax Treaty Case (In Which He Was Alleged To Have Favoured His Daughter-In-Law), All Of Which He Faced With Equanimity And Strength Of Character. There Are, Besides, Piquant Observations On The Jostling For Position And Prime Postings That Any Minister Has To Face. In The Popular Eye, The Finance Minister Is Often Seen As A Taxing Machine, A Man Entrusted, As One British Chancellor Of The Exchequer Put It, With A Certain Amount Of Misery Which Is His Duty To Distribute As Fairly As He Can. This May Perhaps Be True, But, As This Memoir Shows, The Finance Minister Can Also Bestow A Few Pleasant Surprises.
Author: Yashwant Sinha
Publisher: Penguin Books India
ISBN: 9780670999521
Category : Budget
Languages : en
Pages : 284
Get Book
Book Description
The Chandra Shekhar Government Had Fallen. Fresh Elections Had Been Called. Yashwant Sinha, Finance Minister In The Caretaker Government, Was In Patna, Contesting For The Lok Sabha Against Tough Opposition, When A Senior Officer From The Finance Ministry Brought An Urgent File For His Signature: India Needed To Mortgage Gold To Obtain A Loan From The Bank Of England To Tide Over A Payments Crisis There Were Just Enough Foreign Exchange Reserves To Pay For Two Weeks Imports. The Crisis Was Not Of Their Government S Making, But It Devolved On Sinha To Take This Drastic Step. If He Ever Got The Opportunity, He Promised Himself, He Would Make Sure That The Country Never Had To Face Such A Crisis Again. The Opportunity Came In 1998, When Sinha Was Appointed Finance Minister In The Nda Government Led By Vajpayee And Was Faced With Yet Another Crisis: The Nuclear Tests In May That Year Resulted In Sanctions And A Possible Flashpoint. The Finance Minister S Decision To Issue The Resurgent India Bonds Helped Tide Over It, Raising 4.25 Billion In Two Weeks From Nris, And The Country Hasn T Looked Back Since. Yashwant Sinha Was Finance Minister For Four Years, Until 2002, And Presented Five Budgets. In Confessions Of A Swadeshi Reformer He Gives Us The Inside Story Of How The Framework For The Growth That Has Taken Place Subsequently Was Laid In That Time. From The Reforms That Were Initiated To The Politics That Threatened All Initiative, The Opposition From Within The Party As Also Outside It, Which Tried To Derail The Process, Sinha Pulls No Punches In This Candid Memoir. Nor Does He Shy Away From Discussing The Attempts To Cut Him Down To Size, Including The Proposal To Split Up The Ministry Of Finance, And The Various Controversies Of The Time From The Two Uti Scams To The Flex Industries Case And The Mauritius Tax Treaty Case (In Which He Was Alleged To Have Favoured His Daughter-In-Law), All Of Which He Faced With Equanimity And Strength Of Character. There Are, Besides, Piquant Observations On The Jostling For Position And Prime Postings That Any Minister Has To Face. In The Popular Eye, The Finance Minister Is Often Seen As A Taxing Machine, A Man Entrusted, As One British Chancellor Of The Exchequer Put It, With A Certain Amount Of Misery Which Is His Duty To Distribute As Fairly As He Can. This May Perhaps Be True, But, As This Memoir Shows, The Finance Minister Can Also Bestow A Few Pleasant Surprises.
Author: Gajendra Haldea
Publisher: Oxford University Press, USA
ISBN: 9780198071198
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
With reference to India.
Author: Puja Mehra
Publisher: Penguin Random House India Private Limited
ISBN: 9353054990
Category : Literary Collections
Languages : en
Pages : 360
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Book Description
Before the global financial meltdown of 2008, India's economy was thriving and its GDP growth was cruising at an impressive 8.8 per cent. The economic boom impacted a large section of Indians, even if unequally. With sustained high growth over an extended period, India could have achieved what economists call a 'take-off' (rapid and self-sustained GDP growth). The global financial meltdown disrupted this momentum in 2008. In the decade that followed, each time the country's economy came close to returning to that growth trajectory, political events knocked it off course. In 2019, India's GDP is growing at the rate of 7 per cent, making it the fastest-growing major economy in the world, but little on the ground suggests that Indians are actually better off. Economic discontent and insecurity are on the rise, farmers are restive and land-owning classes are demanding quotas in government jobs. The middle class is palpably disaffected, the informal economy is struggling and big businesses are no longer expanding aggressively. India is not the star it was in 2008 and in effect, the 'India growth story' has devolved into 'growth without a story'. The Lost Decade tells the story of the slide and examines the political context in which the Indian economy failed to recover lost momentum.
Author: Chanthalangsy, Phinith
Publisher: UNESCO Publishing
ISBN: 9231010069
Category : Philosophy
Languages : en
Pages : 236
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Book Description
Author: Richard King
Publisher: Routledge
ISBN: 1134632347
Category : Religion
Languages : en
Pages : 300
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Book Description
Orientalism and Religion offers us a timely discussion of the implications of contemporary post-colonial theory for the study of religion. Richard King examines the way in which notions such as mysticism, religion, Hinduism and Buddhism are taken for granted. He shows us how religion needs to be reinterpreted along the lines of cultural studies. Drawing on a variety of post-structuralist and post-colonial thinkers, such as Foucault, Gadamer, Said, and Spivak, King provides us with a challenging series of reflections on the nature of Religious Studies and Indology.
Author: Sri Aurobindo
Publisher: editionNEXT.com
ISBN:
Category :
Languages : en
Pages :
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Book Description
This volume consists primarily of articles originally published in the nationalist newspaper Karmayogin between June 1909 and February 1910. It also includes speeches delivered by Sri Auro bindo in 1909. The aim of the newspaper was to encourage a spirit of nationalism, to help India recover her true heritage and remould it for her future. Its view was that the freedom and greatness of India were essential to fulfilling her destiny, to lead the spiritual evolution of humanity.
Author: Yashwant Sinha
Publisher: Rupa Publications
ISBN: 9788129148063
Category : Business & Economics
Languages : en
Pages : 376
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Book Description
In 1991, when India faced a major economic crisis, the government asked the International Monetary Fund for a bailout loan. To prevent a repeat, the government introduced reforms in the economy in accordance with the international trend of privatization and globalization. This was a milestone as it changed Indian markets and the financial sector in the country. Foreign direct investment was encouraged, public monopolies were restricted and service and tertiary sectors were developed. Since then, all sectors of the economy have changed their approach and strategies. The economic reforms have completed twenty-five years and this book debates on the achievements and failures of this policy. It draws upon the research insights and opinions of academicians, scholars and practising managers who, apart from the analysis, also offer their views on the corrective measures needed.
Author: Nicholas B. Dirks
Publisher: Princeton University Press
ISBN: 1400840945
Category : Social Science
Languages : en
Pages : 386
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Book Description
When thinking of India, it is hard not to think of caste. In academic and common parlance alike, caste has become a central symbol for India, marking it as fundamentally different from other places while expressing its essence. Nicholas Dirks argues that caste is, in fact, neither an unchanged survival of ancient India nor a single system that reflects a core cultural value. Rather than a basic expression of Indian tradition, caste is a modern phenomenon--the product of a concrete historical encounter between India and British colonial rule. Dirks does not contend that caste was invented by the British. But under British domination caste did become a single term capable of naming and above all subsuming India's diverse forms of social identity and organization. Dirks traces the career of caste from the medieval kingdoms of southern India to the textual traces of early colonial archives; from the commentaries of an eighteenth-century Jesuit to the enumerative obsessions of the late-nineteenth-century census; from the ethnographic writings of colonial administrators to those of twentieth-century Indian scholars seeking to rescue ethnography from its colonial legacy. The book also surveys the rise of caste politics in the twentieth century, focusing in particular on the emergence of caste-based movements that have threatened nationalist consensus. Castes of Mind is an ambitious book, written by an accomplished scholar with a rare mastery of centuries of Indian history and anthropology. It uses the idea of caste as the basis for a magisterial history of modern India. And in making a powerful case that the colonial past continues to haunt the Indian present, it makes an important contribution to current postcolonial theory and scholarship on contemporary Indian politics.
Author: R Kannan
Publisher: Penguin UK
ISBN: 8184753136
Category : Biography & Autobiography
Languages : en
Pages : 479
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Book Description
AN ILLUMINATING ACCOUNT OF THE DMK AND ITS CHARISMATIC FOUNDER In 1967, C.N. Annadurai became the chief minister of Madras state, when his party, the DMK, swept to power for the first time. In this definitive biography, R. Kannan traces the growth of Annadurai—from a young protégé of the radical thinker Periyar E.V. Ramasamy into a revered leader known as Anna, or elder brother. Kannan draws on Anna’s considerable body of writing, and the memoirs of other leaders and authors in Tamil, to candidly examine Anna’s complex relationship with Periyar and his disillusionment with the corruption he witnessed when in power. Featuring luminaries like Rajagopalachari and Kamaraj, K. Karunanidhi and MGR, among many others, Anna offers a warm and rounded portrait of a man who showed the way for the democratic expression of regional aspirations within a united India.
Author: Vinay Sitapati
Publisher: Oxford University Press
ISBN: 0190692863
Category : Biography & Autobiography
Languages : en
Pages : 352
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Book Description
When P.V. Narasimha Rao became the unlikely prime minister of India in 1991, he inherited economic catastrophe, violent insurgencies and a nation adrift. Yet because he was unloved by his people and mistrusted by his own party-a minority in Parliament and ruling under the shadow of Sonia Gandhi-Rao lacked the mandate to combat these crises. Yet, Rao was not just able to last a full five years as Prime Minister, he reinvented India, at home and abroad. Few world leaders have achieved so much with so little power. With exclusive access to Rao's never-before-seen personal papers as well as over a hundred interviews, Vinay Sitapati's definitive biography tells the story of India's makeover in the 1990s and the story of the Deng Xiaoping-like figure who did it. Assuming power over an ossified, quasi-socialist economy burdened by inefficient industrial behemoths, Rao was instrumental in driving through a broad set of liberalizing economic reforms that transformed India. Rao's career is the ideal window through which to understand how India became a force in the global economy almost overnight. Sitapati traces Rao's life from a village in Telangana through his years in power and-afterward-his humiliation in retirement. Yet the book never loses sight of the inner man-his difficult childhood, his corruptions and love affairs, and his lingering loneliness. Meticulously researched and honestly told, this landmark political biography is a must-read for anyone interested in the man responsible for transforming India.
