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The Chandra Shekhar Government Had Fallen. Fresh Elections Had Been Called. Yashwant Sinha, Finance Minister In The Caretaker Government, Was In Patna, Contesting For The Lok Sabha Against Tough Opposition, When A Senior Officer From The Finance Ministry Brought An Urgent File For His Signature: India Needed To Mortgage Gold To Obtain A Loan From The Bank Of England To Tide Over A Payments Crisis There Were Just Enough Foreign Exchange Reserves To Pay For Two Weeks Imports. The Crisis Was Not Of Their Government S Making, But It Devolved On Sinha To Take This Drastic Step. If He Ever Got The Opportunity, He Promised Himself, He Would Make Sure That The Country Never Had To Face Such A Crisis Again. The Opportunity Came In 1998, When Sinha Was Appointed Finance Minister In The Nda Government Led By Vajpayee And Was Faced With Yet Another Crisis: The Nuclear Tests In May That Year Resulted In Sanctions And A Possible Flashpoint. The Finance Minister S Decision To Issue The Resurgent India Bonds Helped Tide Over It, Raising 4.25 Billion In Two Weeks From Nris, And The Country Hasn T Looked Back Since. Yashwant Sinha Was Finance Minister For Four Years, Until 2002, And Presented Five Budgets. In Confessions Of A Swadeshi Reformer He Gives Us The Inside Story Of How The Framework For The Growth That Has Taken Place Subsequently Was Laid In That Time. From The Reforms That Were Initiated To The Politics That Threatened All Initiative, The Opposition From Within The Party As Also Outside It, Which Tried To Derail The Process, Sinha Pulls No Punches In This Candid Memoir. Nor Does He Shy Away From Discussing The Attempts To Cut Him Down To Size, Including The Proposal To Split Up The Ministry Of Finance, And The Various Controversies Of The Time From The Two Uti Scams To The Flex Industries Case And The Mauritius Tax Treaty Case (In Which He Was Alleged To Have Favoured His Daughter-In-Law), All Of Which He Faced With Equanimity And Strength Of Character. There Are, Besides, Piquant Observations On The Jostling For Position And Prime Postings That Any Minister Has To Face. In The Popular Eye, The Finance Minister Is Often Seen As A Taxing Machine, A Man Entrusted, As One British Chancellor Of The Exchequer Put It, With A Certain Amount Of Misery Which Is His Duty To Distribute As Fairly As He Can. This May Perhaps Be True, But, As This Memoir Shows, The Finance Minister Can Also Bestow A Few Pleasant Surprises.
With reference to India.
This volume consists primarily of articles originally published in the nationalist newspaper Karmayogin between June 1909 and February 1910. It also includes speeches delivered by Sri Auro bindo in 1909. The aim of the newspaper was to encourage a spirit of nationalism, to help India recover her true heritage and remould it for her future. Its view was that the freedom and greatness of India were essential to fulfilling her destiny, to lead the spiritual evolution of humanity.
When thinking of India, it is hard not to think of caste. In academic and common parlance alike, caste has become a central symbol for India, marking it as fundamentally different from other places while expressing its essence. Nicholas Dirks argues that caste is, in fact, neither an unchanged survival of ancient India nor a single system that reflects a core cultural value. Rather than a basic expression of Indian tradition, caste is a modern phenomenon--the product of a concrete historical encounter between India and British colonial rule. Dirks does not contend that caste was invented by the British. But under British domination caste did become a single term capable of naming and above all subsuming India's diverse forms of social identity and organization. Dirks traces the career of caste from the medieval kingdoms of southern India to the textual traces of early colonial archives; from the commentaries of an eighteenth-century Jesuit to the enumerative obsessions of the late-nineteenth-century census; from the ethnographic writings of colonial administrators to those of twentieth-century Indian scholars seeking to rescue ethnography from its colonial legacy. The book also surveys the rise of caste politics in the twentieth century, focusing in particular on the emergence of caste-based movements that have threatened nationalist consensus. Castes of Mind is an ambitious book, written by an accomplished scholar with a rare mastery of centuries of Indian history and anthropology. It uses the idea of caste as the basis for a magisterial history of modern India. And in making a powerful case that the colonial past continues to haunt the Indian present, it makes an important contribution to current postcolonial theory and scholarship on contemporary Indian politics.
AN ILLUMINATING ACCOUNT OF THE DMK AND ITS CHARISMATIC FOUNDER In 1967, C.N. Annadurai became the chief minister of Madras state, when his party, the DMK, swept to power for the first time. In this definitive biography, R. Kannan traces the growth of Annadurai—from a young protégé of the radical thinker Periyar E.V. Ramasamy into a revered leader known as Anna, or elder brother. Kannan draws on Anna’s considerable body of writing, and the memoirs of other leaders and authors in Tamil, to candidly examine Anna’s complex relationship with Periyar and his disillusionment with the corruption he witnessed when in power. Featuring luminaries like Rajagopalachari and Kamaraj, K. Karunanidhi and MGR, among many others, Anna offers a warm and rounded portrait of a man who showed the way for the democratic expression of regional aspirations within a united India.
In 1991, when India faced a major economic crisis, the government asked the International Monetary Fund for a bailout loan. To prevent a repeat, the government introduced reforms in the economy in accordance with the international trend of privatization and globalization. This was a milestone as it changed Indian markets and the financial sector in the country. Foreign direct investment was encouraged, public monopolies were restricted and service and tertiary sectors were developed. Since then, all sectors of the economy have changed their approach and strategies. The economic reforms have completed twenty-five years and this book debates on the achievements and failures of this policy. It draws upon the research insights and opinions of academicians, scholars and practising managers who, apart from the analysis, also offer their views on the corrective measures needed.
Orientalism and Religion offers us a timely discussion of the implications of contemporary post-colonial theory for the study of religion. Richard King examines the way in which notions such as mysticism, religion, Hinduism and Buddhism are taken for granted. He shows us how religion needs to be reinterpreted along the lines of cultural studies. Drawing on a variety of post-structuralist and post-colonial thinkers, such as Foucault, Gadamer, Said, and Spivak, King provides us with a challenging series of reflections on the nature of Religious Studies and Indology.
The book will examines India's indirect tax structure and various reforms that have taken place since 1947 and makes valuable recommendations.