Politics | Write Stuff

Demo-crazy? Not really!

By Adwait at 21 December, 2009, 9:48 pm

The dictionary defines democracy as, a government by the people, in which the supreme power is vested in the people and exercised directly by them by their elected agents, under a free electoral system. The definition continues by saying that it is a society characterized by formal equality of rights and privilege. There is political and social equality. This concept seems perfect, But why are the people of the world’s largest Democracy, India so unhappy and frustrated with the leaders they’ve elected and the Indian Democracy?

Indian Budget 2009-10 – Budget and the Sensex

By Ritika at 6 July, 2009, 3:52 am

Soon after the Indian Budget for 2009-10 was announced by our Finance Minister, Pranab Mukherjee, the Sensex started its downfall. Nothing surprising as the market has ended in red three times out of five during the UPA term, each time the budget was announced. The market generally rises before the budget in the expectations build up and then falls. The markets have 60% probability of falling on the day of the budget.

Indian Budget 2009-10 – What do our taxes say?

By Ritika at 6 July, 2009, 2:25 am

When I was in school and much after that, Budgets were supposed to be bad days as the TV would be hijacked by my father to view the Budget coverage. But all that changed six years ago, when I first followed the budget as a MBA student. I remember the entire college was glued to the auditorium where the Budget was being featured live on a news channel. Business and economics was new to me and I was intrigued by the way, this one day impacts the entire year of our nation’s economy and to an extent ourselves.

The White Elephants of Uttar Pradesh

By Ritika at 29 June, 2009, 4:45 am

Wikipedia describes a white elephant as a valuable possession which its owner cannot dispose and whose cost (particularly cost of upkeep) is out of proportion to its usefulness. In financial terms, maintaining a white elephant is just a cost centre which will never incur any revenue. And in political terms, it means running the current government in Uttar Pradesh by Mayawati.

Tackling India’s own Taliban

By Ritika at 26 June, 2009, 9:18 am

I can’t help but draw parallels between Pakistan’s crusade against Taliban in Swat valley and Indian government’s crusade against Maoist in Lalgarh. As Pakistan army fights the Taliban to uproot their hold over the Swat valley, India too is fighting its own Taliban, the Maoists in Lalgarh and currently carrying out an operation to regain the land usurped by the Communist Party of India (Maoist) in the hinterlands of the West Bengal.