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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
Those who know Shiv Shankar Menon will vouch that he did lots of things, substantial in the immediate neighbourhood and widespread in South Asia, but without making things public. Twenty per cent of Menon's job was visible, while 80 per cemt of his job was not known to the public, says Sheela Bhatt/Rediff.com
Few top honchos of India Inc did very well in 2014.
'In the first meeting of this new year, we took a joint new year resolution that we will complete it this year. At the time things were not very clear, but the mood was clear that yes, we must resolve it.' 'Yes, details have to come out, but there are some sensitivities, there are some stake-holders not yet on board, especially other Naga undergrounds etc, we would like them to come on board... So at a proper time it has to be revealed to the country, and to the legislature. Perhaps, we may have to wait for some more time.' 'With better understanding of the Indian system, many of them have learnt, realised, appreciated that Naga nationalist aspirations can be accommodated in the Indian system. The Indian system is pretty comprehensive and flexible.' 'A Naga has as much stake, claim over India as any other Indian. There is no distinction. This, Nagas have realised, that yes, Naga nationalist aspirations and Indian nationalism are not mutually exclusive.' Ravindra Narayan Ravi, the Government of India's Special Interlocutor for the Naga talks, explains how the Naga Peace Accord was reached in an exclusive interview to Saisuresh Sivaswamy/Rediff.com
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