Naxalites kill 16 in Bihar

GUNS ROARED AGAIN IN BIHAR AFTER A LONG TIME

Left ultras have killed 16 People in Khagaria district of Bihar on 2^nd October night. The scheduled castes supported by naxalites  attacked people who were asleep in the village Ichwara in Khagaria district, some 200 Kilometers away from state capital Patna. The suspected maoists who were said to be 20 in numbers segregated the old and young and tied their hands and legs and then fired on them with firearms killing 16 of them on the spot. One man who saved his life by pretending to be dead narrated the whole  gruesome story to the police. The dead bodies were lying for autopsy to be done and the situation on the spot is pathetic. The helpless women and children are weeping bitterly making the environment very emotional. Among the dead bodies, there are some 10-12 years children also. Nobody understands why did they kill these children?  

The villagers were so angry that they did not allow deputy chief minister shushil modi to stay and talk to the villagers. He was hackled and forced to leave the village instantly. The chief minister Nitish kumar has announced ex-gratia payment of  one lakh and fifty thousand rupess to the next of the kin killed in this dastardly act of mayhem. The police says that land dispute is the reason for this attack. The 200-300 bighas of gairmazarua, the government land is said to be under the possession of the people belonging to keori and kurmi caste. The Mushars, a scheduled caste who are called mahadalits now wanted to take possession of these lands, they said that these lands belonged to their ancestors and farmers have fraudulently and forcefully grabbed this when they were innocent and helpless. There were some scuffles also few months back which was reported to the police, but they alleged that police in connivance of these farmers did not take any action. Therefore the Mushars decided to kill them in order to teach them a lesson, some people say on condition of anonymity.  They contacted the left ultras, the police says, and with the help of them, they perpetrated this violence.

Bihar had been not witnessing such type of massacres for quite some time and people were taking sigh of relief that perhaps the massacres are the incidents of past. But this incident has again exposed that smoulder of hatred and violence still exist in the society. In recent years, Nitish Kumar had earned reputation of being a good administrator who has set the house in order. Media houses has been flooded with reports of improvement in law and order situation. This incident has again raised eyebrows of doubts and the government witll have to leave no stone unturned to improve the state police machinery and deal with therse elements with iron hands.

Land reforms has taken back seat over a decade or more. No political party, for risk of loosing vote banks dare to touch this contentious issue on one pretext or the other. Nitish Kumar, just after coming to power some three and half years ago, set up one ‘Land Reform Commission’ under a retired IAS officer of West Bengal cadre, D. Bandhopadhyay, who had earned reputation in West Bengal for implementing some excellent measures in that state. This Commission has submited its recommendations also some six months ago. The report has been made public also. But due to setbacks received by NDA( alliance of JD(U) and BJP) in the recently concluded bye elections, Nitish Kumar is not daring to implement the recommendations. The political observers say that recommendations like giving statutory rights to the share-croppers, which government said would be implemented very soon has infuriated the farmers, mostly upper and other backward castes. These groups opposed this move and voted against the NDA, the alliacnce of which Nitish Kumar is the chief minister.   Thus this opportunity of implementation of land reforms has also been lost. It is being said that now onwards no political party will even like these issues to be raised and discussed on public forums.

Markel to be chancellor for second term

IRON LADY; FIRST AFTER MARGRET THATCHER


Angela Markel is all set to become the Chancellor of Germany for the second term as election held on Sunday gave her fractured mandate to rule the nation for second time in row. Markel’s party Christian Democrats (CDU) and ruling coalition partner Social Democrats (SPD) fought election on separate manifesto but SPD performed badly and won only 23%of the votes. On the other hand, a pro-business party Free Democrats (FDP) secured 14% of the votes. The Markel’s CDU/CSU won 33%. Markel is not set to end the grand coalition with Social Democrats and forge alliance with FDP.

Markel, who become first woman Chancellor of Germany in 2005, by overshadowing the towering personality like Helmut Kohl, has proved herself by spectacular performance in so many difficult times for Germany. Silencing the critics who call Markel as unimpressive and under-performer leader, she sometimes outsmarted leaders like Gordon Brown and Obama also on a number of occasions at international platforms.

TOUGH JOBS AHEAD- Speculation was rife in international media ever since recession took second toll in Japan after USA when 55 years of rule of LDP and 8 years of rule of Republicans came to an end after elections which were held after recession has begun in Japan and USA respectively, that Markel would not be able to hold the key. Nevertheless, the jobs ahead her are not easy. The largest economy of Europe and biggest partner in EU, Germany too is facing rough times due to recession. The unemployment is all time high and economic recovery is sluggish. Although, Germany is not as shopaholic as many other European countries, the recession has taken heavy too here also. The export is low and deficit is high. The public debt is also not very comfortable. In this situation, the task is tough and mandate is thin. The performance of Free Democrats (FDP) has aroused expectations of the business community all time high. She had to fine tune her economic and financial policies so that the workers and owners both are satisfied. The vote percentage of left parties has registered a growth of 3.2% and they have secured 11.9%, therefore the job of Markel vis-a-vis reforms and austerity would not be so easy.

The erstwhile partner Socialist Democrats’ leader Westerwelle has said that he would act as a vigilant but responsible opposition. Markel, sensing the mood of the people and vote percentage she got, has said that her job would be for ‘all Germans’. 

MARKEL; AN IRON LADY- Born in 1954, Markel’s rise in Germany’s politics is somewhat meteoric. She joined CDU in 1990, when the entire World, especially Europe was in turmoil. The collapse and dismemberment of the USSR and subsequent end of communist world put tremendous socio-economic stress on many European countries including Germany. The Unification of East and West Germany had stymied the economic progress of Germany for quite some time. It was a phase of transition when Markel joined the party.  Within four years of joining politics, she became environment minister and her interaction with political figures like Helmut Kohl made her political more mature and administratively more acumen. In 2000, she was elected leader of CDU and in the election held after in 2005 she was elected to lead this nation. She became the first Chancellor of Germany a country historically in turmoil for years. She embarked on the journey and led successfully her nation to the present situation where even USA and UK has to think twice before refusing Germany’s words on international politics. Germany’s ascendancy to this position could be made possible by many others including Markel. That is why she rightly deserves to be called as Iron Lady, but only after Margret Thatcher.                    

G-20 Summit at Pittsburgh, will it be second Bretton Wood?

ACCOMMODATE MORE OR QUIT THE PLACE 

The G-20 summit at Pittsburgh, once the epicentre of America’s heavy industries has aroused many hopes and placed the World at new horizons. The world leaders of both developing and developed countries met together to explore ways to tide over the ongoing recession and evolve system to protect world economy from similar global financial crisis in future. The World has changed ever since the Lehman brothers fell and failed; the too big to fail is now too big to survive, a conceptual change that has penetrated into the hearts, minds and system of the people in Europe and in USA as well. What a change indeed! The collapse of WTC on 9/11 changed the American psyche and so did the collapse of Wall Street on 9/15. Although many people, especially American, would not like this similarity to be drawn, the history once written cannot be rewritten.

The first Economic Crisis, the Great Depression in 1930s led to assemblage of world leaders at Bretton Wood in England in 1944 and this led to subsequent emergence of new world economic order, an order which till 9/15 remained unshakeable. Now the world is changed place to live and think. The G-20 summit at Pittsburgh where leaders of both developed and developing countries were rubbing shoulders in one conglomeration is testimony and witness to this change. The change has arrived, now it is up to the leaders of the developed nations to accept graciously or not, is to be seen.

AGENDA AND EXPECTATIONS FROM G-20- the G-20 is now gradually assuming the role of navigator of the ship of world economy. The association which was formed in 1999   to undo the after-effects of Asian crisis has now grown bigger and stronger. The official members of G-20 now are Australia, Argentina, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi-Arabia, South Africa, South Korea, Turkey, UK and USA. Thus, gradually this organisation is grown both in size and strength and world is likely to take the rein of leadership from G-8 and hand it over to G-20. In fact this would be the biggest success of this organisation, a success for which probably founders had also not thought and longed for. 

Underpinning the significance of this Summit and understanding the indispensability of this group, the developed countries like USA and developed continent, the Western Europe have agreed to rub shoulders with the east and north. The north-south divide is being blurred; the abhorrence towards east by west is now bygone. Even Obama had to admit in UN general assembly that distinction of north and south no longer exits.  

The macro agenda of the summit was to strengthen, revamp, reorganise and reorient global financial architecture. The focus is to remove aberrations which have developed in the financial systems over decades since the Bretton- Wood. The aberrations are too obvious and conspicuous to be discussed. The voting right in IMF has to be rescheduled. China has a double the size of French economy, but even then France has more voting right than China. In fact, Europe as a whole has as big as 40% of voting rights in IMF even when it is only 25% of the world economy, whereas USA has only 17% voting rights with 25% share in world economy. Thus USA is also singing in chorus with Asian countries. In this summit the demand again was raised that Europe should give up at least 7-8% of its voting rights for countries like china and India, a demand Europe is unlikely to accept. Thus perhaps for the first time in the economic-political history in the modern times, USA is seen standing on the side of developing nations on such important international platform.  It was perhaps due to mounting pressure, the summit agreed to give 5% voting rights to countries like India and China.

MAJOR DECISIONS TAKEN- The decisions taken at Pittsburgh has been published in a book titled ‘G-20 leaders statement’ which entails 32 major points on which either consensus is arrived or decision is taken. Important among them are constitution of one Financial Stability Board (FSB) which would take care of the financial systems across the globe. India has also been made member to it which signifies the emerging importance India vis-a-vis fiscal and financial system. In fact, world community is very much impressed to learn how smartly Indian banking and other financial systems survived the shock. The statutory provisions with regard to keep minimum reserve to be kept by banks found place in the G-20 deliberations and the world leaders agreed that this model should be made applicable to all the banks across the world.   The FSB shall monitor and regulate whimsical and unfettered functioning of financial institutions which the most important factor was contributing to the GFC.  On the issue of revamping world financial institutions like IMF, the summit committed to reschedule the ‘Quota Formula’ of governance and give weightage to the emerging economies like Indian and China vis-a-vis their share in the world economy. They pledged that this review would be complete by 2011, which means that performance of the economies of these two ‘Asian Giants’ would remain under watch for a couple of years.

Apart from above decisions on economic fronts, the summit also took some very important and valuable decision in areas of climatic change, international terrorism, narco-drug smuggling, trade and commerce and stimulus packages etcetera.

To sum up the whole discussion one can have reservations to say that this Summit was a huge success, but there is no denying the fact that the G-20 has now occupied the driving seat and the engine of the world economic and financial vehicle can no longer be driven by the small group of nations comprised of USA, UK, Germany, France and Italy etc. G-20 has assumed the role of global leadership and would write the history of years to come, it is however premature to say that India has been given her due and desired share on the board.