Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
New Delhi bureaucrats, accustomed to leisurely lunches, golf in the afternoon and long weekends, have been shaken out of their somnolence, say authors. Fear and suspicion hang heavy over the red-sands.
On Monday, soon after the election results were out, Ambassador T P Sreenivasan contributed a column to Rediff.com, 'Lessons for Shashi Tharoor from diminished victory', to which the newly re-elected MP from Thiruvananthapuram responds.
'In each hartal, enormous amount of public money is wasted. The entire state comes to a standstill. How long can this go on?' 'Every year 3 crore people sit at home not because they support hartals, but because they are forced to do so.' 'This is part of a larger measure to curb democratic rights.'
What is going on?! How can an amazing country like India face such highs and lows? Where do these brutes come from? Who are these people who are hijacking the goodness of this country? Who create them? Did we? Can someone please tell me what went wrong with India.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
'After the 2002 riots when the media and other political parties started blaming Modiji, thousands of people like us -- now, it must be crores of us -- started becoming staunch supporters of Modiji. The more you blamed him the more of our support he gained.' Pramod Singh of Bilaspur in Chhattisgarh is one of Narendra Modi's biggest fans and a member of Modi's India272 Web initiative, spreading the leader's message on social media and the Internet.
'Cultural property crimes have been linked, by the United Nations and others, to terrorism.' 'These links show the perpetrators to be associated with major criminal and terrorist networks like ISIS.
'If the State does want to come after you, in India, it can do pretty much anything. And often it isn't as though the orders are coming from the President or prime minister, no, the systems have been built in a way -- or we have allowed them to be built in a way -- that almost encourages crushing of liberties.'
Arun Jaitley and Janardan Dwivedi have rewritten the rules of politics in the Age of the Internet and its young and restless user base, reports Rediff.com's Sheela Bhatt.
'Over one million people served in various battlefronts during World War I. And yet, even today, we know so very little about them.' 'It is absolutely essential to acknowledge this part of India's colonial history,' Santanu Das tells Vaihayasi Pande Daniel/Rediff.com
Sumit Jain, CEO and co-founder, Commonfloor talks about serendipity and his entrepreneurial destiny.
'...But my strong suit will not be dancing,' Kal Penn tells Vaihayasi Pande Daniel/Rediff.com, in the concluding part of the interview.
Three Indian Air Force officers captured as Prisoners of War by Pakistan during the '71 War made a daring escape from a Rawalpindi jail. M P Anil Kumar recounts that heroic story.