Monday, August 11, 2014

The unheeded lesson from BR Shenoy

The IIM-Bangalore Professor Vivek Moorthy has written wonderful piece on Professor B R Shenoy in today's FE. Its must read article all. He starts his piece with the below lines:

  • "In the aftermath of finance minister Arun Jaitley’s maiden Budget, our policymakers would do well to read and reflect upon the writings and policy recommendations of BR Shenoy (1905-1978). Most readers of this newspaper—or other papers, for that matter—are not likely to have heard of his name. Indeed, the same would apply to economics students and even to many economists in India."

Saturday, August 2, 2014

Good read

No labour pain? Rajasthan clears business blockades to encourage industrial activity, generate jobs

"Yesterday, a office driver told me that there i high level of inflation in India because there is too much loan handouts in the society. When I asked what you mean by too much loan, he said almost for anything there is some or other ways to get loans for upper middle class and middle class community both in urban and rural areas and that is creating higher inflation. Too many people chasing too few goods."

Rajaji said to the governors: “You should not imagine that you are just figureheads and can do nothing… Our prime minister and deputy prime minister do not hold that view. They want you to develop your influence for good and they expect you to find means for achieving it without friction and without prejudice to the march of democracy.”

Swatantra Party and Thiruvalluvar's birthday

Thanks to Seetha for her wonderful article on the case for "The Swatantra Party’s relevance today comes through in Rajaji’s inaugural address to the party, where he warned of the dangers of the state becoming a Leviathan, “menacingly poised against the citizen, interfering with his life at all points...hypnotising the people with slogans that are mistaken for thought and wisdom, a scheme of government in which it is taken for granted that the citizen is ignorant of what is his own interest”. 

Thanks to the great imprinting voice by Shri.Tarun Vijay, who spoke in the upper of the Indian Parliament about the need for learning of southern and other regions languages by northern Indians. The following are from his speech in the parliament on 31st July, 2014:

"The glorious history of all Indian languages is unique and supremely great. We must work to develop feelings of appreciation and respect for each other.

In this regard it is necessary that people from North India be encouraged to learn any one Southern language through a free choice option.

For example the incomparable golden heritage that we have in the form of Tamil should make every Indian proud.

Tolkappiam, ,app 5000 years old. And on a broad spectrum Silappadigaram, Chintamani, Manimekalai, Valayapathi and Gundalakesi are great classics of Tamil literature.

The onus of the greatest classic in Tamizh literature undoubtedly goes to Kambar's Ramayana, the epic poem

One of the greatest works in Tamizh, which is widely preached even to this day, is Tiruvalluvar's Tirukkural .

Its imprints are found in various parts of the globe. How many of us know about the global influence and public services of great emperors likeCheraChola, and Pandya kings ? Only Ashoka and Vikramaditya are not India, unless we have an all encompassing respect for Cholas, Krishnadev Rayas and Pandyas also. Similarly we have great history of Bangla, Malayalam, Telugu and other languages.

I demand observing Thiruvalluvar's birthday as Glorious Indian Languages Day in all parts of the country symbolising respect for all Indian languages and introducing Tamil also in North Indian schools as an optional subject for strengthening national unity. Mr Tarun Vijay ended his special mention with Palamaiyana Tamil Mozhiyar Vananguhiren."