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23 October 2000 Issue




COVER
  Sold On Sale
Discounts, freebies, lotteries and loans. Riding on the festival season, companies are using every conceivable marketing trick to lure consumers

 
THE NATION
 

Brothers In Arms
Though the CBI chargesheet against the Hindujas is silent on where the kickbacks ended up, it is still an important landmark in the 13-year chase

 
MUSIC
 

Hounds Of Music
With Visvabharati’s copyright on Tagore ending next year and the Centre refusing to throw in its weight, the poet’s music may be finally unshackled

 
Columns
 

Fifth Column
by Tavleen Singh
And Justice For All

 
 

Kautilya
by Jairam Ramesh
New Light On Power

 
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Beating Retreat

 
 

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EDITORIAL

The Time is Now

Vajpayee's first year was diplomacy's. The second should be the market's.

It is something of a delicious irony that Standard and Poor's downgraded India's credit outlook from "positive" to "stable" in the very week that marked the first anniversary of the NDA's re-election. Compared to the tempestuous 13 months he spent in office after becoming prime minister in March 1998, Atal Bihari Vajpayee can certainly look back at the past year with some satisfaction. The coalition he leads is larger than ever but relatively stable. The blackmail of an N. Chandrababu Naidu on food subsidies or a Mamata Banerjee on oil prices has been dealt with with as much firmness as possible. The real success has come in foreign policy—crowned by the fact that the American president and the Indian prime minister exchanged visits in a period of six months. The international isolation predicted after the Pokhran nuclear tests now appears a remote prospect.

Yet if diplomacy has been the Vajpayee regime's success story in the past 12 months, economics is the Achilles' heel. The Standard and Poor's frown is a result of the Indian Government's sloth on reforms, particularly disinvestment. With the Reserve Bank of India predicting GDP growth in 2001-2002 will be half a percentage point below its earlier forecast, Vajpayee's agenda for year II is clear enough. Whether it is in corporatising the Department of Telecom or selling Modern Foods, he has so far done no more than tie up the loose ends of the first phase of liberalisation. The second phase still awaits a time-table-and a political vision. Its ingredients are easily identifiable: outright privatisation, cuts in government spending and further deregulation of economic activity. In April this year, the prime minister received reports from four advisory committees he had set up. He has only to implement these recommendations. If Vajpayee grasps the nettle, he need not bother about year III-he would have assured himself a place in history.


Crime as Folk Theatre

Is India tiring out Veerappan or is it the other way round?

Nebulous at the best of times, the distinction between Tamil Nadu's politics and cinema is particularly blurred these days. The tiresome Veerappan hostage drama is doing to governance and rule of law what a tacky, B-grade script does to cinema. A forest brigand, desperately keen to reinvent himself as a subaltern political hero, is being facilitated in his efforts by two feckless chief ministers. The negotiations between the Tamil Nadu Government and Veerappan are a strange intercourse. The outlaw dictates the terms. He decides who will represent the state—whether it be his favourite journalist or, more recently, "Tamil nationalist" advocates. The logical conclusion of this process will be Veerappan's demand that India speak to him through the LTTE.

Film star Rajkumar has been in captivity for over two months now. In this period, the governments of Karnataka and Tamil Nadu have taken not one initiative—other than cravenly agreeing to free 51 criminal cronies of Veerappan—to rescue the 73-year-old victim of this constitutional horror show. Instead, it fell upon the Supreme Court to prevent the capitulation. Now the court has spoken for the nation once more by asking the most obvious question: what are Karnataka's and Tamil Nadu's alternative plans for ridding India of the Veerappan menace? The trauma of Rajkumar's family and his numerous fans is understandable but even they must be getting exasperated by Veerappan's games. It is appropriate for Karunanidhi, as the elder statesman of the Dravida movement and repository of Tamil pride—if not as the mere chief minister—to talk turkey with Veerappan. Otherwise, it is not beyond the arsenal of the Indian state to preserve both Rajkumar's life and his country's dignity.

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     METRO TODAY
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A Fancy For Words
"I don't think I could be called a poet," insists Feroze Gandhi with a shy smile.
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Looking Glass

Chennai: Mall


Calcutta: Home Library

Pune: Hotel

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Delhi: Play

 
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COLUMNS  



Relics of old empires exist everywhere. Why can't the Mani Shankar Aiyars of India let them be? asks INDIA TODAY Senior Editor Ravi Shankar in Friday Fundas.

 
DESPATCHES  


The fate of the Kannur project in power-strapped Kerala is in a state of limbo as the Government contends it is too expensive. But is it? INDIA TODAY Principal Correspondent M.G. Radhakrishnan investigates in
Despatches.

 
XTRAS!

Full coverages
with columns, infographics, audio reports.

» 1971: The Untold Story
» Veerappan Strikes Again
» Mission Impossible
» The SriLankan crisis
» The Kashmir jigsaw
»The Nepal Gameplan

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