DOCSLIB.ORG

MONEY, BANKING and FINANCE Been Exposed by the COVID-19 Outbreak

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
MONEY, BANKING and FINANCE Been Exposed by the COVID-19 Outbreak MARCH 28, 2020 Vol LV No 13 ` 110 A SAMEEKSHA TRUST PUBLICATION www.epw.in EDITORIALS Regulating the Private Health Sector to Eliminate COVID-19 Money, Banking Challenges before Independent Judiciary and Finance FROM THE EDITOR’S DESK Reason of the State and COVID-19 A set of five articles analyses issues relating to monetary STRATEGIC AFFAIRS policy and financial regulation from the standpoint of COVID-19 Should Make Us Re-imagine emerging markets and developing economies, the the World Order interdependence of global equity markets from a heterogeneous investor perspective, the structural malaise COMMENTARY affecting India’s growth process, regime changes in India’s Excluded in Rehabilitation monetary policy, and the impact of financial misconduct Majoritarian Politics and the Ayodhya Verdict on bank behaviour. pages 26–71 Waiting for Citizenship BOOK REVIEW Talking Sociology: Dipankar Gupta in Re-imagining the World Order Conversation with Ramin Jahanbegloo While societies may be more inter-connected than ever the absence of genuine multilateral cooperation has MONEY, BANKING AND FINANCE been exposed by the COVID-19 outbreak. page 10 Questioning the Orthodoxies Finance and Monetary Policy beyond Neo-liberalism Participatory Rehabilitation Regime Shifts in Indian Monetary Policy and Tenures of RBI Governors The involvement of persons with disabilities in planning Economic Slowdown and Financial Fragility and implementing of rehabilitating programmes is Financial Misconduct, Fear of Prosecution essential to realise the actual goals of rehabilitation. page 12 and Bank Lending Time-varying Nature of Stock Market Interdependence The Precariat Non-citizen The worst-off sections of society find little meaning in NOTES the concept of citizenship, as the citizenship ideal What Drives Transitions in Milk Productivity? remains a mirage by not challenging social inequalities CURRENT STATISTICS and class exploitation. page 18 ůŝŵĂƚĞĐƟŽŶ Rural Infrastructure Watershed Development Farmer Women ŽůůĞĐƟǀĞƐ Empowerment Tribal Development Financial Inclusion ĞǀĞůŽƉŵĞŶƚĂŶŬŽĨƚŚĞEĂƟŽŶ march 28, 2020 | vol LV No 13 COVID-19 Should Make Us Re-imagine the World Order EDITORIALS 10 As a biosecurity crisis brings the world to a brink, a humane globalism Regulating the Private Health Sector to Eliminate COVID-19 .............................................7 and institutions that actually supply public goods are in need. — Zorawar Daulet Singh Challenges before Independent Judiciary ............8 FROM THE EDITOR’S DESK Excluded in Rehabilitation: Disability in the Neo-liberal Era Reason of the State and COVID-19 .......................9 12 The experience of disability is explored within the growing impact of neo-liberal globalisation utilising an ethnographic approach. From 50 years ago ..............................................9 — Deepika Sharma, Kumar Ravi Priya STRATEGIC AFFAIRS COVID-19 Should Make Us Re-imagine the Majoritarian Politics and the Ayodhya Verdict World Order 16 The Ayodhya verdict favours politics over history and the religion of the —Zorawar Daulet Singh .....................................10 majority over principles of equality and justice. — Nayakara Veeresha COMMENTARY Waiting for Citizenship Excluded in Rehabilitation: Disability in the Neo-liberal Era 18 Social groups that are forced to live in precarious and vulnerable conditions —Deepika Sharma, Kumar Ravi Priya ................ 12 are effectively reduced to being non-citizens, despite being recognised as Majoritarian Politics and the Ayodhya Verdict formal citizens. — Harish Wankhede —Nayakara Veeresha ........................................ 16 Waiting for Citizenship What Drives Transitions in Milk Productivity? —Harish Wankhede ...........................................18 72 The trend in milk productivity and its association with breed improvement, feeding and animal husbandry practices, and effi ciency in dairy farming at BOOk REVIEW the household level are examined in Punjab. — S K Srivastava, Talking Sociology: Dipankar Gupta in Ramesh Chand, Anjani Kumar & N P Singh Conversation with Ramin Jahanbegloo— Outline of a Prolifi c Academic Endeavour —Sreedeep Bhattacharya ...................................23 Money, Banking and Finance In the context of the global recession and deepening economic slowdown in India, a set of fi ve articles discusses topical issues pertaining to the global fi nancial MONEY, BANKING and FINANCE markets in general and Indian fi nancial markets per se. Questioning the Orthodoxies —Partha Ray ......................................................26 Finance and Monetary Policy beyond Neo-liberalism Finance and Monetary Policy beyond Neo-liberalism: The Way Ahead for 28 The emerging economies need to practise enhanced and active surveillance Emerging Markets of their fi nancial sector in their quest for maintaining high growth along with —Rakesh Mohan ................................................28 fi nancial stability. — Rakesh Mohan Regime shifts in Indian Monetary Policy and Tenures of RBI Governors Indian Monetary Policy and Tenures of RBI Governors —Utso Pal Mustafi , Rajeswari Sengupta .............37 37 The regime shifts in Indian monetary policy during the period 1998–2017 are Economic Slowdown and Financial Fragility: examined using a multivariate Markov-switching Vector Autoregression The Structural Malaise of India’s Growth Process (MS-VAR) model. — Utso Pal Mustafi , Rajeswari Sengupta —Zico Dasgupta ................................................ 46 Financial Misconduct, Fear of Prosecution Economic Slowdown and Financial Fragility and Bank Lending —Abhiman Das, Avijit Bansal, Saibal Ghosh ......54 46 The dual phenomenon of an unprecedented slowdown as well as fi nancial fragility in the Indian economy is addressed in the context of India’s Time-varying Nature of Stock Market Interdependence: A Global Perspective overall growth trajectory and policy regime in the last two decades. —Avishek Bhandari, Kamaiah Bandi .................62 — Zico Dasgupta NOTES Financial Misconduct, Fear of Prosecution and Bank Lending What Drives Transitions in Milk Productivity? 54 In the presence of fi nancial misconduct, state-owned banks typically cut back Household-level Evidence from Punjab on credit creation and instead increase their quantum of risk-free investment. —S K Srivastava, Ramesh Chand, — Abhiman Das, Avijit Bansal & Saibal Ghosh Anjani Kumar, N P Singh ....................................72 Time-varying Nature of Stock Market Interdependence CURRENT STATISTICS ........................................... 79 62 Employing novel time-frequency based wavelet techniques, the APPOINTMENTS/programmes interdependence of global equity markets is analysed from a heterogeneous announcements ................................................81 investor perspective, with a special focus on the Indian stock market. — Avishek Bhandari, Kamaiah Bandi Letters .................................................................. 4 LETTERS Issn 0012-9976 Ever since the fi rst issue in 1966, EPW has been India’s premier journal for The Economics of a Plate sub-schemes, the procurement of pulses comment on current affairs and oilseeds in the last three years and research in the social sciences. of Food in India It succeeded Economic Weekly (1949–1965), through 2016–17 has been as meagre as which was launched and shepherded MMT MMT by Sachin Chaudhuri, “ halinomics,” the 11th chapter in the 0.02 million metric tonne ( ), 0.1 who was also the founder-editor of EPW. Economic Survey 2020, has quanti- and 2.7 MMT respectively. Less than 10% As editor for 35 years (1969–2004) T Krishna Raj fi ed what a commoner pays for a plate of of total pulse production was procured gave EPW the reputation it now enjoys. food in India and therefore relates eco- in 2018–19, which happened to be the Editor nomics to their everyday lives. Thali prices highest procurement year. To the best GOPAL GURU are computed using average monthly price of my knowledge, the price defi ciency Executive Editor data, used for the Consumer Price Index scheme was piloted in Madhya Pradesh Lina Mathias for Industrial Workers (CPI-IW), from as the Bhavantar Bhugtan Yojana only SENIOR Assistant editorS lubna duggal April 2006 to October 2019, and the to yield mixed results and later be INDU K nominal gains that a consumer has rolled back. Therefore, any claim of Sunipa Dasgupta achieved in the last fi ve years are esti- signifi cant impact of this particular copy editorS jyoti shetty mated as a difference between the infl a- scheme is questionable. The private Tejas Harad tion-based projected prices and the actual procurement and stockist scheme is yet Assistant editors prices of food commodities forming a to be launched. Nachiket kulkarni PMKSY SHRUTI JAIN thali. The estimates reveal that after is another scheme that they 2015–16, an average household gained claim to be responsible for the decline in editorIAL Assistant Malvika Sharad `10,887 and `11,787 per year on average thali prices. The 2004 Task Force on CHIEF FINANCE OFFICER from the moderation in vegetarian and Micro-rrigation had estimated a potential J DENNIS RAJAKUMAR non-vegetarian thali prices respectively. of 69.5 million hectare under micro-irri- production While the chapter talks about improv- gation. A NITI Aayog report fi nds that suneethi nair ing affordability of food, especially since only 10% of the total potential area has Circulation KULDEEP NAWATHE 2015–16, the results must be taken with been brought under micro-irrigation till
Load more

Recommended publications
  • Max Healthcare Max Bupa Antara Senior Living Max Skillfirst Business Responsibility Review
    CORPORATE REVIEW 1 TRANSFORMING TO ENHANCE VALUE ANNUAL REPORT 2015-16 INDEX CORPORATE REVIEW OUR ENTERPRISE MEASURES OF SUCCESS OUR PATH OUR VALUES BOARD OF DIRECTORS STRATEGIC REVIEW CHAIRMAN’S LETTER MANAGING DIRECTOR’S LETTER BUSINESS REVIEW MANAGEMENT DISCUSSION AND ANALYSIS MAX INDIA MAX HEALTHCARE MAX BUPA ANTARA SENIOR LIVING MAX SKILLFIRST BUSINESS RESPONSIBILITY REVIEW FINANCIAL REVIEW MAX INDIA FINANCIALS - STANDALONE MAX INDIA FINANCIALS - CONSOLIDATED CORPORATE REVIEW 3 04 6 8 10 11 12 20 22 26 30 32 34 38 48 56 62 64 69 69 116 4 CORPORATE REVIEW 01 CORPORATE REVIEW OUR ENTERPRISE MEASURES OF SUCCESS OUR PATH OUR VALUES BOARD OF DIRECTORS 6 CORPORATE REVIEW OUR ENTERPRISE Max India Limited, a multi-business corporate, owns and actively manages a 46% per cent stake in Max Healthcare, a 51% stake in Max Bupa Health Insurance and a 100% stake in Antara Senior Living. Launched in 2000, Max Healthcare Launched in 2008, Max Bupa is a Launched in 2013, Antara is a is an equal JV partnership between 51:49 JV with Bupa Finance Plc., 100% subsidiary of Max India. Max India and Life Healthcare, UK. It is one of India’s leading It is pioneering the concept of South Africa. It is a leading provider standalone health insurance ‘Age in Place’ for people over of standardised, seamless and companies with Gross Premium of 55, by developing Senior Living world-class healthcare services, ` 476 crore, about 13,000 agents communities in India. The first focused on tertiary and quaternary and tie-ups with over 3,600 quality Antara community will open in late care.
    [Show full text]
  • The Indian Elite and America: Emulation Without Depth
    United States – Asia Relations Today : A New “New World Order”? Colloquium CERI, 2-4 December 2002 THE INDIAN ELITE AND AMERICA: EMULATION WITHOUT DEPTH Dipankar Gupta Professor Centre for the Study of Social Systems Jawaharlal Nehru University, New Delhi “Osama BinLaden and similar other persons have changed the whole world and has virtually prompted the United States to join hands with India in her fight against terrorism” ( NCERT 2002, Class IX text book in Social Science) I It was only as recent as 1946 when the Indian Citizenship Bill was introduced in the United States of America. This allowed Indian immigrants to seek naturalization for the first time in America. They could now vote as American citizens. This bill also fixed a quota of 100 immigrants annually. The Immigration Act of 1965 removed this quota which resulted in a dramatic increase in Indian immigration to America. From a mere 5000 Indians in 1960, the number climbed to 350,000 by 1970. It was almost as if there were thousand upon thousand Indians waiting to be let in at the shores of America. Between 1980 and 1990 alone the community has grown by as much as 103%. According to the 2000 U.S. census there are about 1.6 million Indian-Americans, and the number is constantly growing1. 1 See Website Http://www.nrilinks.com/usa/indians/facts.asp Dipankar Gupta – The Indian Elite and America: Emulation Without Depth – December 2002 1 http://www.ceri-sciences-po.org Indians have obviously taken advantage of the opportunities that have been offered to them when the United States relaxed its immigration quotas to accommodate them in large numbers.
    [Show full text]
  • Exchanging Notes Tabrez Noorani Wining and Dining at Vinoteca
    The www.catalumni.com 2013 The Cathedral & John Connon Alumni Magazine IN CONVERSATION EVENTS SPOTLIGHT Exchanging Notes Wining and Dining at Vinoteca Tabrez Noorani Contents President’s Message 2 School Update 4 Spotlight Tabrez Noorani 7 Srikant Datar 8 In Conversation 19 Ranjit Barot and Ashutosh Phatak 10 Nostalgia Randy Boudrieau 13 Malvika Singh 14 Special Feature The IB at Cathedral 16 Out of the Box Gulshirin Dubash 19 20 8 Teacher Updates 20 Events 17th Annual Golf Tournament, Old Boys vs. School Team Annual Cricket Match 22 Flamingo-viewing Event 23 Vinoteca by Sula 25 Manori Summer School 26 Lighter Side (Memories) 29 Class Notes 30 Crossword 52 Editorial Team Udita Jhunjhunwala (ICSE ’84) 23 Miel Sahgal (ISC ’89) Shyla Boga Patel (ISC ’69) Mukeeta Jhaveri (ISC ’83) Mitali Anand Kalra (ISC ’89) Business Rohita Chaganlal Doshi (ISC ’75) Editorial Support, Design and Printing Priyanka Agarwal, Minaal Pednekar, Nikunj Parikh Main Cover Photo: Dhiman Chatterjee, 25 Spenta Multimedia This magazine is not for sale and is intended for internal circulation only. Any material from this magazine may not be reproduced in part or whole without written consent. Views and opinions expressed in this magazine are those of the individual authors and not necessarily those of the Publishers. The final decision on all editorial content remains with the magazine editorial committee. Published by The Cathedral and John Connon Alumni Association, 6, P.T. Marg, Mumbai 400 001 and printed at Spenta Multimedia, Peninsula Spenta, Mathuradas Mill Compound, Lower Parel, Mumbai 400 013. www.spentamultimedia.com Special thanks to the following donors for their generous contribution: Nakul Ravindrakumar Arya, Dev and Pareena 26 30 Lamba, Dhruv Chopra, Aashish Barwale, Pramila Shivdasani PRESIDENT’S MESSAGE To my fellow alumni, aving just sent our freshly minted last ball, despite a valiant 46 by Navroz Marshall.
    [Show full text]
  • Professor Dipankar Gupta
    Professor Dipankar Gupta Professor Dipankar Gupta joined the faculty of Jawaharlal Nehru University (JNU) in 1980. In Professor Gupta has authored and co-authored 15 between, for a brief period between 1993-1994, he books. He has written nearly 70 research articles in went as Professor to the Department of Sociology, various scholarly journals. Among his most recent Delhi School of Economics, Delhi University. publications are Caste in Question (2005), Anti- Educated in Delhi School of Economics and JNU Utopia: the Essential Writings of Andre Beteille from where he obtained his master’s and doctoral (2006), and Learning to Forget: The Anti-Memoirs degrees respectively, Dipankar Gupta has researched of Modernity (2006). His latest work, The on a number of themes beginning with his first work CagedPhoenix: Will India Fly was published in on the Shiv Sena. 2009. He was editor of the prestigious journal Contributions to Indian Sociology for over 15 years In recent times he has conducted a number of field till 2006. based studies ranging from ethnicity to caste to farmers’ mobilization to modernity and agrarian In 2001 Professor Gupta was awarded the Eric distress. In 2008 he completed an extensive project Wolfe-Krishna Bharadwaj prize for his studies on the on cotton farming in six states of India. Currently he Indian peasantry. In 2004 he received the Malcolm is writing up his field research on post conflict Adeseshiah Award for Development Studies. His situation in Ahmedabad and Mumbai. book Mistaken Modernity: India between Worlds, published in 2000, was number one on India’s non- Over the years he has held many visiting fiction best seller list for over six weeks.
    [Show full text]
  • Caste in Question: Identity Or Hierarchy? Occasional Studies
    Caste in question Contributions to Indian Sociology Caste in question: Identity or hierarchy? Occasional studies 1. T.N. MADAN, ed., 1976. Muslim communities of South Asia: Society and culture (vol. 6, 1972). New Delhi: Vikas.* 2. SATISH SABERWAL, ed., 1978. Process and institution in urban India: Edited by Sociological studies (vol. 11, no. 1, 1977). New Delhi: Vikas. Second impres- sion (New Delhi: Vikas), 1978.* 3. T.N. MADAN, ed., 1982. Way of life: King, householder, renouncer: Essays Dipankar Gupta in honour of Louis Dumont (vol. 15, nos 1&2, 1981). New Delhi: Vikas. Paris: Maison des Sciences de lHomme. Second impression (New Delhi: Vikas), 1982. Second edition (Delhi: Motilal Banarsidass), 1988. 4. VEENA DAS, ed., 1986. The word and the world: Fantasy, symbol and record (vol. 19, no. 1, 1985). New Delhi: Sage.* 5. McKIM MARRIOTT, ed., 1990. India through Hindu categories (vol. 23, no. 1, 1989). New Delhi: Sage. Fifth impression (New Delhi: Sage), 1998. 6. T.N. MADAN, ed., 1995. Muslim communities of South Asia: Culture, society and power (Revised enlarged edition) (vol. 6, 1972). New Delhi: Manohar CONTRIBUTIONS TO INDIAN SOCIOLOGY (First published by Vikas*). OCCASIONAL STUDIES 12 7. PATRICIA UBEROI, ed., 1996. Social reform, sexuality and the state (vol. 29, nos 1&2, 1995). New Delhi: Sage. Third impression, 1998. 8. VEENA DAS, DIPANKAR GUPTA and PATRICIA UBEROI, eds, 1999. Tradition, pluralism and identity: In honour of T.N. Madan (vol. 32, no. 2, 1998). New Delhi: Sage. 9. JONATHAN P. PARRY, JAN BREMAN and KARIN KAPADIA, eds, 1999. The worlds of Indian industrial labour (vol.
    [Show full text]
  • Annual Report 2017-18
    Annual Report 2017-18 Department of Sociology University of Delhi Delhi PREFACE The report covers the period, July 20, 2017 - July 19, 2018. This marks the fifty ninth year of the Department, and its forty ninth year as a Centre of Advanced Study in Sociology. The Department of Sociology was established by the University of Delhi in 1959 as a constituent of the Delhi School of Economics. To begin with, the Department trained students for two courses: M.A. and Ph.D. In 1966, a two-year course for the M. Litt. degree was introduced. This has been replaced since 1976 by an M. Phil. degree course of a year’s duration. In 1968, the Department was recognized as a Centre of Advanced Study in Sociology by the University Grants Commission (UGC). At present, the sanctioned strength of the faculty includes six Professors, eight Readers, seven Lecturers, and three Research Associates. In addition, there is a Documentation Officer, and eight members on the office staff. The Department has a co-coordinated program of teaching and research covering a variety of fields, including some developed for the first time in the country. Studies have been published or prepared on community power structures, local-level politics, trade unions, co-operatives, textual and contextual studies of Hinduism, religious symbolism, family and kinship, and social and religious movements. Studies have also been conducted in the fields of stratification, gender, environment, the sociology of development, historical sociology, urban sociology, the sociology of collective violence and medical sociology. The sociology of masculinity, demography, popular and visual cultures, education, migration, the sociology of violence and documentary practices of the state are some of the new areas that faculty members are working on at present.
    [Show full text]
  • Annual Report 2012-13
    l Annual Report 2012-13 Department of Sociology University of Delhi Delhi Preface The report covers the period, July 21, 2012 - July 20, 2013. This marks the fifty fourth year of the Department, and its forty fourth year as a Centre of Advanced Study in Sociology. The Department of Sociology was established by the University of Delhi in 1959 as a constituent of the Delhi School of Economics. To begin with, the Department trained students for two courses: M.A. and Ph.D. In 1966, a two-year course for the M. Litt. degree was introduced. This has been replaced since 1976 by an M. Phil. degree course of a year’s duration. In 1968, the Department was recognized as a Centre of Advanced Study in Sociology by the University Grants Commission (UGC). At present, the sanctioned strength of the faculty includes six Professors, eight Readers, seven Lecturers, and three Research Associates. In addition, there is a Documentation Officer, and eight members on the office staff. The Department has a co-coordinated programme of teaching and research covering a variety of fields, including some developed for the first time in the country. Studies have been published or prepared on community power structures, local-level politics, trade unions, co-operatives, textual and contextual studies of Hinduism, religious symbolism, family and kinship, and social and religious movements. Studies have also been conducted in the fields of stratification, gender, environment, the sociology of development, historical sociology, urban sociology, the sociology of collective violence and medical sociology. The sociology of masculinity, demography, popular and visual cultures, education, migration, the sociology of violence and documentary practices of the state are some of the new areas that faculty members are working on at present.
    [Show full text]
  • Nishant Chadha E-Mail: [email protected], [email protected]
    Nishant Chadha e-mail: [email protected], [email protected] Research Interests Development Economics, Political Economy, Governance, Economics of Education, Urbanisation Educational Qualifications PhD Economics, University of British Columbia, Vancouver, Canada, 2006-2012 M.A. Economics, University of British Columbia, Vancouver, Canada, 2005-2006 B.Tech. Mechanical Engineering, IIT Kanpur, 2000-2004 Professional Experience Fellow, India Development Foundation, June 2016 – Present Assistant Professor, Department of Economics, Shiv Nadar University, July 2012 – May 2016 Graduate Engineer Trainee, TATA Motors Ltd., June 2004 – July 2005 Research Fragmentation, Public Good Provision and Inequality in India, 1987 – 2012 (with Bharti Nandwani) (submitted) The Role of Caste in Corruption (under review) How Long the Shadow of the City? The Impact of Urbanisation on Rural Schooling (with Arijit Das and Shubhashis Gangopadhyay) Technological Change and Political Mobilisation: Evidence from North India Work in Progress Fragmentation and Schooling in India (with Bharti Nandwani) Backward Linkages in Education: The impact of Tertiary Education on Schools (with Abhiroop Mukhopadhyay and Shampa Bhattacharjee) Research Grants UNU – WIDER grant on “Patterns and Trends in Between Group Inequality Within and Across Countries” (with Bharti Nandwani) PPRU (NITI Ayog) grant on “Backward Linkages in Education” (with Abhiroop Mukhopadhyay and Shampa Bhattacharjee) Sponsored Projects Cost of Inaction in Family Planning in India (with
    [Show full text]
  • © 2009 Sarasij Majumder ALL RIGHTS RESERVED “PEASANTS” AGAINST the NANO? NEOLIBERAL INDUSTRIALIZATION and LAND QUESTION in MARXIST-RULED WEST BENGAL, INDIA
    © 2009 Sarasij Majumder ALL RIGHTS RESERVED “PEASANTS” AGAINST THE NANO? NEOLIBERAL INDUSTRIALIZATION AND LAND QUESTION IN MARXIST-RULED WEST BENGAL, INDIA. by SARASIJ MAJUMDER A dissertation submitted to the Graduate School - New Brunswick Rutgers, The State University of New Jersey In partial fulfillment of the requirements For the degree of Doctor of Philosophy Graduate Program in Anthropology Written under the direction of Bonnie J. McCay And approved by _________________________ _________________________ _________________________ _________________________ New Brunswick, New Jersey October, 2009 ABSTRACT OF THE DISSERTATION “PEASANTS” AGAINST THE NANO? NEOLIBERAL INDUSTRIALIZATION AND LAND QUESTION IN MARXIST RULED WEST BENGAL, INDIA. BY SARASIJ MAJUMDER DISSERTATION ADVISOR: Dr. BONNIE J. McCAY Why do regimes that have been traditionally and ideologically opposed to liberal policies adopt neoliberal policies of industrialization? Why do these regimes not abandon courting the big private investors to set up industries, in spite of popular protests in the villages against acquisition of land for these industries? This dissertation tries to answer the above questions with respect to recent developments in the Indian province of West Bengal, which has been ruled by a democratically elected Marxist government for the last thirty years. These questions have been addressed in the context of China and other Asian economies, which are ruled by authoritarian regimes. The significance of looking at the West Bengal case is that it has a democratically elected regime with a considerable populist credential, especially in terms of undertaking redistributive land reforms in the villages. Thus external pressures of a global ii and national economy and elitist urge to industrialize are important but inadequate explanations for a parliamentary Marxist regime’s adoption of neoliberal industrialization policies.
    [Show full text]
  • Infosys Prize 2010 the Infosys Science Foundation Securing India's Scientific Future
    Infosys Science Foundation Prof. Ashutosh Sharma Dr. Chetan E. Chitnis Prof. Chandrashekhar B. Khare Engineering and Computer Science Life Sciences Mathematical Sciences Prof. Sandip Parimal Trivedi Prof. Nandini Sundar Prof. Amita Baviskar Physical Sciences Social Sciences – Social Anthropology Social Sciences – Sociology Infosys Science Foundation Infosys Campus, Electronics City, Hosur Road, Bangalore 560 100 Tel.: 91 80 2852 0261 Fax: 91 80 2852 0362 Email: [email protected] www.infosys-science-foundation.com Infosys Prize 2010 The Infosys Science Foundation Securing India's scientific future The Infosys Science Foundation, a not-for-profit trust, was set up in February 2009 by the Infosys management. The Foundation instituted the Infosys Prize, an annual award, to honor outstanding achievements of researchers and scientists across five categories: Engineering and Computer Science, Life Sciences, Mathematical Sciences, Physical Sciences and Social Sciences, each carrying a prize of `50 Lakh. The award intends to celebrate success and stand as a marker of excellence in scientific research. A jury comprising eminent leaders in each of these fields comes together to evaluate the achievements of the nominees against the standards of international research, placing the winners on par with the finest researchers in the world. “The most important, the most fundamental and the deepest investigations are those that affect human life and activities most profoundly. Only those scientists who have labored, not with the aim of producing this or
    [Show full text]
  • Justice Before Reconciliation: Negotiating A
    Downloaded by [University of Defence] at 01:22 24 May 2016 List of Plates Ô i Justice before Reconciliation Downloaded by [University of Defence] at 01:22 24 May 2016 ii Ô Justice before Reconciliation Religion and Citizenship Series Editor: Surinder S. Jodhka Professor of Sociology, Jawaharlal Nehru University, New Delhi Social science research and popular discourse on ‘religion and public life’ have gradually moved away from binaries such as communal– secular, tradition–modern, or community–individual. It is now widely recognised that religion and cultural traditions do not simply disappear from public life with economic development. In countries like India, this shift has also been reinforced by the emerging social and political trends where issues relating to citizenship are raised through identity movements of historically deprived categories such as the Dalits, Adivasis, and religious minorities such as the Muslims, for inclusive and just development. This ‘positive’ view of religion parallels changing attitudes in other parts of the world as well where there is growing interest on religious communities and faith-based organisations and their potential role in enhancing development and service delivery. While this has led to a renewed interest in the study of religion, rigorous social science research on ‘religion and citizenship’ is still; at a nascent stage. This series attempts to fill the gap by bringing together scholarly writing on this important and rapidly expanding area of research in the social sciences. Also in this Series Religion, Community and Development: Changing Contours of Politics and Policy in India Editors: Gurpreet Mahajan & Surinder S. Jodhka 978-0-415-58566-8 Research for this book was funded by DFID, University of Birmingham (Religions and Development Research Programme) who do not necessarily share the views Downloaded by [University of Defence] at 01:22 24 May 2016 presented here.
    [Show full text]
  • Is There Today Caste System Or There Is Only Caste in India?
    polish 2()’ 178 12 sociological review ISSN 1231 – 1413 KANHAYA L. SHARMA Jaipur National University Is there Today Caste System or there is only Caste in India? Abstract: The main focus of the paper is that caste system has always been resilient and dynamic due to its inner inconsistencies and contradictions on the one hand, and due to its interpenetration into economy, polity and culture on the other. The aim of this paper is to understand continuity and change in the caste system. Caste has engaged people, hence it has acquired a meta-legal approval. Caste has never been a simple ritual hierarchy because it has encompassed the entire matrix of socio-economic and political relations. It has been argued that there is a need to reconceptualize caste. Caste is no more simply a system of idea and values. More important is to see actual behaviour of the people vis-à-vis the role of caste as a system. Caste has become a matter of interpretation rather than substantialization. It refers to a purposive rationality. Its discrete use provides a description of the problems of Indian society, polity and economy. However, besides caste, there are new status groups, varied forms of social mobility, and structural processes of change and dominance. In such a situation, “family” and “individual” are emerging as agencies of reproduction of inequality/equality. Caste is becoming more of a state of mind of an individual. Contemporary changes have reshaped caste. The policy of reservations based on caste has kept it alive and vibrant. Protests against caste-based reservations have also contributed to the continuity of caste.
    [Show full text]