Main Stream Media is now a propaganda machine for hire. Independence of journalism is a concept which is out of practice. It seems this is true not only for India but also in USA. One newspaper twisting same news headlines in two different ways! See the picture of Wall Street Journal below:
Editors & Journalists:
Editors who used to be humble beings now live in sprawling Mansions, travel in executive class and stay and dine in five star hotels. TV anchor driving Porsche is a new norm. Do news papers sell more now? How these journalists are making money?
Yesterday I read an article about economy which does not have a single numeric character. It suggested as if India has curfew like situation. But actually it is not. It is a business as usual for small transactions. Indian business is run on credit though settled in cash. Now people are making habit of carrying plastic or mobile wallet. See the market yesterday: Continue reading
Companies Act, 2013 had received the assent of the President of India and is technically on the statute book for two years. Technically because all provisions had not been enforced. Now most of the Act is in force. After the Amendment Act of 2015 and numerous (15) clarificatory amendments Companies Act is on the roll. A fully amended kindle ebook of Bare Act is here for sale on Amazon.
Short Review of companies Act.
This is a bird-eye view type of review and not a hair splitting exercise. Not now. If the corporate lawyers in Delaware were having any sleepless night, they be rest assured that this Act is as nocturnal (or moonshine if you prefer that) as its predecessor and is merely an exercise to legalise the actions already underway by way of executive and regulatory acts.
One person company.
Secularism: USA, India and Narendra Modi.
Narendra Modi in Indian Elections 2014:
Secularism is like Linux. Everyone has his/her own version of secularism. Elections in India are in progress and shall be over by end of week. Narendra Modi, the prime ministerial candidate of main opposition party BJP has declared that if he does not become next prime minister, he would start vending tea again, the vocation with which he had started his career in life. This reflects his confidence. BTW if he becomes PM, he would be the only prime minister who could boast such humble past.
The strange thing about this election was that present prime minister hardly, rather did not campaign for his party and his candidature was non issue. In fact entire campaign was centered around Modi, who intelligently planned and meticulously executed his election campaign covering entire breadth of the country and talking about his plans for development of the country. It was more like a presidential style campaign in USA, but in which no other candidate had that audacity or charisma to display or plan to share. Word on street is that there is a Modi Wave sweeping the country but it shall be seen after election results are declared on 17th of May 2014.
Secularism by US Supreme Court:
Unlike first amendment of the Constitution of USA, the Constitution of India does not mandate separation between government and religious establishments. The US Supreme Court has diluted the concept in the name of tradition. Read more about analysis of this judgement here.
- Moral issues raised around Narendra Modi and BJP:
- USA’s denial of visa to Narendra Modi:
- Narendra Modi as right wing Hindu:
Parliamentary Elections in India in 2014.
Elections process kick started today on the day of Ashtami, considered auspicious by most of Hindus, which is the 8th auspicious day of the celebrations of Navratra. India shall vote to elect the Union/Central Government in New Delhi. The Constitution of India is quasi-federal. In other words it is heavily biased in favour of Central/Union Government in terms of power. Every adult person is entitled to vote for the Government. This being Parliamentary form of Government, a representative from each constituency shall be elected and all elected representative shall form a Government. But that is only in principle.
Involvement of political parties with their legal power to whip the members of parliament to act in a certain way, makes the formation of Government, a mere formality if that particular party comes into power with majority seats in Parliament. However the larger question is: How electors elect the representatives? Continue reading
The pleasant breeze. Bloom everywhere and just becoming unbearable Sun. It is springs time in New Delhi, India.