Economy, Society

25 million children may go hungry

International Food Policy Research Institute predicted  twenty five million children will go hungry by 2050 due to global warming.  Global economic depression, terrorism and pandaemic diseases added fuel to this worst crisis particularly in under devoloped countries of Africa, Middle East and Asia. FDI and charity funds inflows to under developed countries  have been declining from the last year.  Excess agricultural investments could bring down malnourishment rate of children among developing and developed countries.Last week, G 20 industrial nations made discussions how to invest some $20bn pledged for food security which promised earlier year. London based Gaurdian news paper published a fascinated insight into dynamics of poverty, food production and capitalism. Guardian claims Eliminating the millions of tonnes of food thrown away  annually in the US and UK  could lift more than a billion people out of hunger worldwide.

Economy, Politics

Some facts about Sanjaya Baru

Who is Sanjaya Baru ? This question has raised among Telangana people when he made a statement against the cause of Telangana at  Vishalandhra Mahasabha workshop at New Delhi organised by so called intellectual Parakala  Prabhakar.

Sanjaya Baru,  native of Hyderabad  , is an eminent economist who has done his post graduation and PHD  from the prestigious JNU. His Father B P R Vithal was finance secretary of Andhra Pradesh. Vithal is a renowned expert on Centre-state relations, and worked for some time as an IMF fiscal expert and a member of the Tenth Finance Commission (1992-94).

Baru is the present Chief Editor of the famous financial daily Business Standard. He has a served as chief media adviser for the former Prime minister P.V Narasimha Rao and present prime minister Manmohan Singh.  He has tried at best to project Manmohan Singh as Mr. Clean and the most intellectual genius in media by his special methods of media management. Chief  opposition NDA made numerous criticisms and allegations on baru for his deliberate attempts to focus singh.

In an article (Telugu or Telangana, March 29,2004,Indian Express), Baru claimed that he  has participated in the Seperate Telangana agitation during 1970 at the streets of Narayana Guda and Himayath Nagar. Interestingly, Baru father and grand father hailed from Maharashtra and settled in Hyderabad.  But, Baru could not clearly explain why he has shifted his voice.

Sanjaya Bharu is said to be against Telangana state due to his exclusive concern on economic progress and growth of Hyderabad. He says,  some areas in Telangana witnessed massive development on par with top metro cities in India despite  few areas are under developed. According to Baru, proper solution on Telangana could affect the growth, investments in Hyderabad, according to Bharu. He wrote an article titled  ‘Hyderabad needs a united Andhra Pradesh’  in Financial Express (April 23, 2004) which drew flak from Telangana economists and sociologists.

Baru must not have followed his father Vithal articles and works. In various ocassions, Vithal admonished state government for not seeking revival of the Telangana Regional Committee that envisaged a separate budget for the region. Vithal says in his  working Paper on Telangana Surpluses, the budget representing Telangana was surplus comparing to seemandhra region. He also advocated that, during the tenure of 1970-1973, Telangana regional council planning and activities fetched positive economic results.

We can estimate, how Baru has managed, manipulated and influenced  Manmohan Singh as a  Chief Media Adviser regarding Telangana. Bharu incident highlighted how some top bureaucrats have been influencing Prime Minister Office regarding the decision making of  Telangana.

Economy, Management, Reviews, Society

The Polyester Prince: The Rise of Dhirubhai Ambani

The Polyester Prince: The Rise of Dhirubhai Ambani by Hamish McDonald

Dheerubhai Ambani, the most popular name of modern Indian business, is still in the minds of Indians despite his physical demise. Hamish MC Donald has made a critical interpretation of Ambani’s transition of normal man into a Business Tycoon who allegedly influenced mainstream politicians for the commercial benefits of his business unethically. This book was written in 1998 and has been banned in India due to the heavy pressure from Ambanis.You can find this books at bombay streets for nominal cost which are smuggled. Maniratnam has been inspired by this book for making of “GURU” with Abishek Abhachan . Mani Ratnam also depicted numerous scenes from the source of this  book. This book also highlighted the rivalry between Dheerubhai Ambani and Nusli Wadia(grandson of Mahamad Ali Khan Jinna) who were allegedly tried to assassinate each other. Their rivalry remained as a black spot of Indian corporate history. In the film Guru, Mithun Chakravarthy played Ramanth goenka role while Madhavan played Journalist Guru Murthi role. Interesting aspect is Guru Murthy was hugely suffered by Ambani on the various charges and even jailed unlike the ‘GURU” movie description where Abishak Bachan didn’t touch Madhavan. Mani Ratnam must have been pampered by Ambanis. Though this book is mandatory for the people who aspiring a career in corporate sector and entrepreneurship,but  special kind of fiction has been added by author  to  sensationalize the book and his name. Readers should be very cautious while reading the book and to make conclusions on Dheerubhai’s character.