Former chief minister of West Bengal and Communist Party of India-Marxist patriarch Jyoti Basu continued to remain in a critical condition on Monday with doctors attending on him saying that lack of any improvement in his health was 'not a good sign.'
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Impressed by his mental agility till an advanced age, the premier National Institute of Mental Health and Neuro Sciences wants to study the late Jyoti Basu's brain to find out whether there was any special reason for his alertness.
The 95-year-old Marxist breathed his last at the AMRI Hopsital where he had been admitted on January 1 with a 'moderately severe' pneumonic infection.
Kaushik Basu, till recently the chief economic adviser of the government of India, who created a political firestorm in April when he said here on the sidelines of the World Bank/International Monetary Fund meetings that no economic reforms were likely in India before 2014 when parliamentary elections are due, has been appointed the World Bank's Chief Economist and Senior Vice President.
Noting that India's inflation record was 'much, much better' against emerging economies, Basu said inflation should go down from September and as per expectations and calculations of the Finance Ministry, it will go below seven per cent from September.
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Communist Party of India-Marxist sources said Kamal Basu was an ardent supporter of the party.
A Cornell University professor, Basu took over as the CEA in the Finance Ministry in December 2009 and his term ended in February. However, he was given extension till August as the government was in the process of formulating the proposals for the Budget for 2012-13.
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'I had to persuade him. I think he was a sceptic to begin with, but later on he was convinced that what we were doing was the right thing to do, that there was no other way out.'
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West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver.
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Mamata, for her part, said, "I am happy that he listened to all the details from me about Nandigram and Singur. I will meet him again if he calls me after discussing the matter with the concerned people."
Asked whether he would continue to be a politburo member, 94-year-old Basu told media persons at the CPI-M state headquarters, "I do not wish to continue and I have verbally communicated this to the party leadership."
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Actor Mithun Chakraborty paid homage to veteran CPI-M leader Jyoti Basu on Sunday.
'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.
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In an apparent disagreement with his own party, senior CPI(M) leader and West Bengal Assembly Speaker H A Halim has said that had Jyoti Basu become the Prime Minister "the course of the country's history would have changed".
A top Chinese diplomat has described Jyoti Basu as "China's great friend" and India's "greatest communist" while paying floral respect to the departed leader.
Allowing futures trading in commodities will not fuel inflation, government's chief economic advisor Kaushik Basu said on Wednesday.
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Inflation will continue to fluctuate over the next three months before it starts falling steadily, chief economic advisor with the finance ministry Kaushik Basu said on Friday.
Chief economic advisor Kaushik Basu on Thursday said that inflation may come down to 6 to 7 per cent in the next three months and that there was no need for any capital controls to check inflows as have been at a comfortable level.
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