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ConneCtIng IndIa wIth Its dIaspora

vol 3 Issue 7 July 2010

PRAVA SI BHARATIYA

the eye of
the storm
India came into it own during the
recent global economic crisis — it
was less about its consequences and
more about how India tackled it

mInIstry of overseas IndIan affaIrs


izoklh Hkkjrh; dk;Z ea=ky;
Ministry of Overseas Indian Affairs

GlOBAl-INDIAN
NETwORk OF kNOwlEDGE
AN INITIATIVE OF THE MINISTRY OF OVERSEAS INDIAN AFFAIRS

The Overseas Indian Facilitation Centre (OIFC) has partnered


with Tata Consultancy Services (TCS) to develop the Global-INK framework.
An online web portal, it is powered by SupportCentral, a next generation knowledge
management, collaboration and business solutions platform.

The communities will also provide an array of collaboration tools:


● Blogs ● Forums ● Askan Expert ● Document management and sharing ● Online resource databases
CONNECTING INDIA wITH ITS DIASpORA

Vol 3 Issue 7 July 2010

PRAVA SI BHARATIYA

lR;eso t;rs

izoklh Hkkjrh; dk;Z ea=ky;


Ministry of Overseas Indian Affairs
www.overseasindian.in
I
n adversity lies opportunity”, goes the well-worn saying. But it was no or-
dinary adversity when for nearly 12 months beginning late 2008 the
world was in the grips of an extraordinary financial and economic crisis.
Global financial citadels collapsed, inflicting severe damage to the eco-
nomic health of the world. The developed world was hit badly, the developing
'$ **, ,$.

world suffered worse. Job losses and loss of livelihood across the world ran
into several million while financial losses totalled billions of dollars.
Recovery has been slow but there are encouraging signs of a strong, de-
mand-driven and growth-driven comeback across the world. Businesses have
picked up the pieces while the world economy seems to be getting back on
)
& " % "&+' "+ '-& ,)"& +!
&+ $' $ '&'%" )"*"* / "+
- * $ ** ',+ "+* '&* (, & * &
track with considerable support from governments. Governments world over
have lent stimulus support worth billions of dollars to prop up failing banks,
%') ',+ !'- & " + #$ "+

institutions, industries and social security.


The Government of India extended a fiscal stimulus support of Rs. 1,86,000
crore, amounting to 3.5 per cent of India’s GDP. The support included tax cuts
Printed and Published by and interest rate subsidies. It paid off, with economic recovery holding turf, al-
Mithlesh Kumar on behalf of the beit slowly but decidedly on firm terrain. Jobs have been either reclaimed or
Ministry of Overseas Indian Affairs created while manufacturing and exports have shown remarkable growth.
Akbar Bhavan, Chanakyapuri,
New Delhi — 110021 There has been, however, a different side to the story too around the world.
Website: http://moia.gov.in Reports have suggested that while world over the poor have become poorer
www.overseasindian.in and the rich richer in the wake of the global crisis, India had produced a third
“outcome”. Those affected by the crisis are reclaiming solider ground while the
Consulting Editor worst affected are being given new life through direct government interventions.
K.G. Sreenivas In the developed world, the crisis and the economic downturn are far from
over. On the other hand, in the developing world, led by China and India, re-
covery has been strong. Of course,

from
Pravasi Bharatiya is a monthly
publication. The views expressed in this trade with the developed world is
journal are those of the contributors still far from admirable. Yet most of
and do not necessarily reflect the views the big emerging and developing

the
of the Ministry of Overseas Indian Affairs
economies have evidently taken the
(MOIA). All rights reserved. No part of
this journal may be produced, stored, or storm in its stride. It must also be re-
transmitted in any form or by any membered that the crisis was not the

editor’s
means — electronic, mechanical, making of the developing world.
photocopying, recording, or otherwise,
without the permission of MOIA.
For the poor across the world, the
story presented an existential crisis.
“The impact of the global economic

desk
Editorial correspondence and crisis has been substantial and it will
manuscripts can be addressed to
pravasi.bharatiya@gmail.com leave an additional 64 million people
in extreme poverty by the end of
2010,” says Otaviano Canuto, Vice-
Designed and produced by IANS President and head of the Poverty
(www.ianspublishing.com) on behalf of
the Ministry of Overseas Indian Affairs. Reduction and Economic Management Network of the World Bank. Poverty
and hunger had worsened and deepened across South Asia, including India,
and Sub-Saharan African countries. In fact, World Bank estimates suggest that
Printed at
the crisis, by the end of 2010, would have left an additional 50 million people
Anit Printers
1811, Gyani Bazar, in extreme poverty in 2009 and nearly 64 million by the end of 2010, mainly
Opp. D-56 N.D.S.E Part -1, in Sub-Saharan Africa and East and South-East Asia! The figures are mind numbing.
Kotla Mubarkpur, Yet how was the India experience different?
New Delhi -110003
The Government and the Reserve Bank of India (RBI), came out with a quick
policy response, with the RBI infusing about $80 billion as additional liquidity.
Subsequently, the Government announced three fiscal stimulus packages be-
tween November 2008-February 2009. In fact, these measures fuelled a 19
percent growth in employment generation during the October-January period
of the current fiscal over the corresponding period last year. In February this
year, the stimulus packages were supplemented by the fiscal outlay an-
nounced in the 2008-09 Interim Budget. These measures transferred signifi-
cant purchasing power to farmers and the rural sector and included farm loan
waivers, allocation of funds to the National Rural Employment Guarantee
Scheme, Bharat Nirman, and the Prime Minister’s Rural Road Programme,
among a host of others.
Read more about this in our Cover Story in addition to all your favourite reg-
izoklh Hkkjrh; dk;Z ea=ky;
Ministry of Overseas Indian Affairs ular features.
www.overseasindian.in —K.G. Sreenivas
contents

12 cover story
art oF crIsIs
manaGement
The global economic crisis left in its
wake untold damage worldwide.
But the India story was different

news

6
Minister for Overseas Indian Affairs Vayalar Ravi urges
Australia to exempt existing Indian students from the
new skills list so that they can finish their courses

economy

38 18
Bangalore and Bollywood are the two emblematic
icons of ‘Brand India’, says noted French economist
Guy Sorman

leander’s dozen dIaspora


Leander Paes works his magic with

26
Indians have emerged as the third-largest immigrant
Grand Slam No. 12... group in the United States. A report reveals that they
form 1.6 million of the immigrant population

32 34 40 42
cUIsIne travel cInema books
With the blazing heat taking A cynical, urban woman For some it spells romance, Indian origin author
its toll on our bodies this traveller explores the sweet for others it’s soul-fulfilling Vamsee Juluri’s The
summer, stay fit with these courtship rituals of the season... For Bollywood, Mythologist examines the
vegetarian dishes that are Tarnetar Fair, where modern- Mumbai’s monsoon is relevance of mythological
nutritious as well as tasty day swayamvars still take place eternal enthrallment... tales in real life
NEWS

‘Spare Indian
students’
Minister Vayalar Ravi urges Canberra to exempt
existing Indian students from the revised
skills list so that they can finish their courses,
reports Lakshmi Krishnakumar

A
mid recent reports that around Ministry of Overseas Indian Affairs
15,000 Indian students in Aus- (MOIA) Joint Secretary G. Gurucharan
tralia could be forced to return told IANS that 60 percent of the Indian
home under a revised skills list, students will not be affected by the re-


Minister for Overseas Indian Affairs Vay- vised list and that 30 percent will be
alar Ravi has urged Canberra to exempt given a transition period of two-and-a-
existing Indian students from the new list half years to either find a job or sponsor
so that they could finish their courses. to acquire permanent resident status.
Australia has slashed the existing Those students facing uncertainty were
Skilled Occupations List (SOL) from 400 the remaining 10 percent, or around
skills to 181 for vocational courses and 10,000 students, who had arrived in Aus- I have asked the Australian
jobs, which are prerequisites to acquire per- tralia on student visas with neither voca- ministers to implement the
manent resident status and student visas. tional nor language skills and were only list prospectively and not
Ravi, who visited Australia recently and intending to pick up jobs and secure per- retrospectively. I have asked
raised the issue, was confident that the manent residency. them to give our students two-
Australian government would accede to his However, Minister Ravi was confident and-a-half years’ time to find
request, though he said it hadn’t made any that the authorities would not let down the a sponsor and employment...
commitment. “I have asked the Australian students. “I am confident and hopeful that I am confident that Australia
ministers to implement the list prospec- Australia will not disappoint our students
will not disappoint our
tively and not retrospectively. I have asked though they have not committed to us on
them to give our students two-and-a-half anything... They will look into the matter.”
students, though they have
years’ time to find a sponsor and employ- Gurucharan said the Ministry had rea-
not committed to us on
ment,” Ravi told IANS recently, after return- soned with the Australian authorities that anything...They will look into
ing from Australia where he had met despite prior knowledge that these students it...I tried to impress upon them

Foreign Minister Stephen Smith, Trade lacked vocational and language skills, Aus- that our students should not
Minister Simon Crean and Immigration and tralia had issued them student visas and so lose out on opportunities
Citizenship Minister Chris Evans. now they cannot be forced to leave. — Vayalar Ravi

6 Pravasi Bharatiya  July 2010


Minister for Overseas Indian Affairs Vayalar Ravi with Australian Minister for Foreign Affairs Stephen Smith in Canberra on June 16.

“But they also had a good argument in their


STudENT VISA polIcy NoT bEINg chANgEd: oz
favour that when they gave these students
Australia has said that it was not course because of changes to our visas, it was only a student visa and so under
changing its student visa policy and skilled migration programme. They the new list, they cannot be given permanent
there were no plans to cap the num- will be allowed to complete their resident status,” he added.
ber of foreign students studying in studies. Many have visas to study Also affected by the new SOL are at least
the country. courses for several years,” said the 5,000 other students. They were hit when the
The Australian High Commission statement. Australian government ordered closure of 34
issued a statement on June 30 after It was pointed out that a student of its privately run institutes in the last few
media reports stated that around visa holder is in Australia for only a months for failing to meet stipulated stan-
15,000 Indian students could be temporary specified period to study dards. The High Commission of India in Aus-
forced to return after the new visa and is not guaranteed migration. The tralia had early this year warned students
policy comes into force on July 1. High Commission also clarified that planning higher studies in that country of the
“First, we are making changes to Aus- there were no plans to restrict the existence of several sub-standard institutions
tralia’s skilled migration programme, number of student visas. not meeting the standards set by the Aus-
not our student visa programme,” “These concerns relate to a bill that tralian federal and state governments.
said the statement. It added that is currently before the Australian par- Ravi also held talks with Victoria Premier John
these changes were not India-spe- liament. The amendments proposed Brumby and urged him to take initiatives to help
cific. “They are not targeted at India or in this bill have been designed to the Indian students continue with their courses
any other country. They were not trig- manage the skilled migration pro- in recognised institutes without being affected
gered by the problems of the last gramme and ensure that it meets the by the new list. “I tried to impress upon them that
year over attacks on Indian students,” labour market needs of the Australian our students should not lose out on opportuni-
said the High Commission. “No stu- economy as flexibly as possible. There ties, they have spent a lot of money and energy
dent, whether from India or else- are no plans to apply this to the stu- to get there, but when institutes are being shut
where, currently studying in Australia dent visa programme,” said down by the government, what will our children
is going to be asked to cease their the press release. do? I am hoping they won’t disappoint our chil-
dren,” Ravi added.

July 2010  Pravasi Bharatiya 7


NEWS

NRIs’ voting rights bill soon


No possibility of postal ballots, Vayalar Ravi tells Lakshmi Krishnakumar

A
Bill to grant voting rights to
Non-Resident Indians (NRIs) is
expected to be passed during
the monsoon session of parlia-
ment, but there is no possibility of postal
ballots for them, according to Minister for
Overseas Indian Affairs Vayalar Ravi.
“There is no question of postal ballots
because bogus voting will be a concern.
So they have to be physically present in
the country to be able to vote,” Ravi told
IANS on June 14.
The Bill was finalised at a meeting on
June 10 of a Group of Ministers consti-
tuted by Prime Minister Dr. Manmohan
Singh. “The Bill will be passed in the next
session of parliament,” Minister Ravi said.
“The demand for voting rights for people
who live abroad — especially in the Gulf,
the numbers run into millions — was dif-
ficult to meet as names get deleted from
the voters’ list if they are absent from the
country for over six months,” Ravi said,
adding voting rights for NRIs residing in
There is no question of postal ballots because
other countries can be considered only bogus voting is a concern. So they have to be physically
after introduction of electronic voting present in the country to be able to vote. Voting rights for
system here. “When we have that, we can NRIs residing in other nations can be considered after
look into voting from their respective introduction of electronic voting system here
places of residence,” he said.

uS VISAS poSE ‘pERVASIVE pRoblEm’


Soon after India raised the tration,” Holdren said at the in- with a win-win situation.”
issue of visas for Indian profes- auguration of first US-India The present-day challenges
sionals and skilled workers, a Joint Commission on Science of water, food security, food,
senior U.S. official acknowl- and Technology Cooperation climate change or threat to na-
edged that visas posed an “ap- in Washington. Indian Minister tional security can only be
pallingly pervasive problem” in of State for Science and Tech- addressed through science
science and technology coop- nology Prithviraj Chavan, who and technology, Chavan said.
eration. “Visas have been an led the Indian team, said the Science and technology
appallingly pervasive problem coming together of India and plays a key role in addressing
in science and technology co- the U.S. would have a great the challenges being faced by
operation,” said Dr. John P. bearing on the future. “The both India and the US, Holdren
Holdren, Advisor to the U.S. commitment of our two lead- said, noting that the two coun-
President on Science and ers in building knowledge soci- tries have already accom- regime came a day after Indian
Technology, on June 24. eties, without a doubt, is at a plished a lot through their Commerce and Industry Minis-
“We need to streamline visa level never seen before,” he cooperation in the field of sci- ter Anand Sharma raised the
procedures and we have made said. “For the relationship to be ence and technology. Hol- issue at a meeting with the U.S.
considerable achievements al- meaningful, it has to be a mu- dren’s acknowledgement of Secretary of Commerce Gary
ready in the Obama adminis- tually beneficial arrangement, the problems with the U.S. visa Locke.

8 Pravasi Bharatiya  July 2010


I India, Europe
ndia and Europe have proposed to
resume high-level dialogue on “fu-
ture migratory movements”. Minis-

talk migration
ter for Overseas Indian Affairs
Vayalar Ravi met the High Representative
of the European Union Foreign Affairs
and Security Policy, Catherine Ashton, in
New Delhi on June 23 to discuss India-
Europe “future migratory movements”. Minister Vayalar Ravi says he has had a very
“We had a good discussion on our mutual good discussion with High Representative of
interest in migration from India to Europe
and from Europe to India...We exchanged EU Foreign Affairs Catherine Ashton on
many ideas and our dialogue went on “future migratory movements”
very well,” Minister Ravi said after the
meeting with Ashton. “There are many
opportunities for Europeans in India, es-
pecially in a city like Bangalore. There are
around 30 different nationals studying
and working in Bangalore...We discussed
joint action plans on migration to build a
strong relationship, enhancing further
opportunities for the future,” Ashton said.
Ministry of Overseas Indian Affairs
(MOIA) Joint Secretary G. Gurucharan
said that the Minister had earlier written
to the EU Commissioner dealing with im-
migration, suggesting that an EU team
visit India to negotiate the mobility part-
nership, which got a positive response.
“Ashton told the Minister that Europe
was keen to build a partnership on migra-
tion-related matters with India. They pro-
posed to resume the high-level dialogue
on migration started in 2006,” Gurucha-
ran said, adding: “The Minister responded
by welcoming this”. European Commission High Representative for Foreign Affairs and Security Policy and Vice President of European
– Lakshmi Krishnakumar Union Catherine Ashton with Minister for Overseas Indian Affairs Vayalar Ravi in New Delhi.

India has conveyed to the British government the


concern of its businesses and professionals
about the newly announced cap on immigration
of workers from outside the European Union.

ImmIgRATIoN
Commerce Minister Anand Sharma raised the
issue during a meeting with British Prime Minister

cAp: INdIA
David Cameron in London, a Ministry of Commerce
statement released in New Delhi on June 29 said. It

coNVEyS
quoted Sharma as saying that greater people-to-
people contact was crucial for the service industry.

coNcERN
Indian business people and professionals, who use
Britain as a hub for Europe, feel that the proposed

To bRITAIN
restrictions would hamper their movement.
The British government had announced on
June 28 a cap on immigration to the country
from non-European countries. The restrictions
are temporary for now, but will be made perma-
nent in April 2011.

July 2010  Pravasi Bharatiya 9


NEWS

Prime Minister
Dr. Manmohan
Singh dedicates
to the nation the
world-class
Terminal 3 at the
Indira Gandhi
International
Airport built in a
record 37 months

TERmINAl TERRIfIc
I
ndia joined the ranks of Dubai, Bei- real-time drill, Jet Airways also flew its establishes new global benchmarks. It ex-
jing, Singapore, Bangkok and Mexico first international outbound flight to emplifies our country’s resolve to bridge
City when Prime Minister Dr. Man- Dubai from the terminal, followed by Air the infrastructure deficit in our country.
mohan Singh inaugurated a glitzy India’s first domestic flight from the na- It also proves the success of public-pri-
new terminal at the Indira Gandhi tional capital to Jaipur. The world’s vate partnership,” he said. “We have
International Airport in New Delhi on July largest jumbo jet Airbus A380 also called proved the sceptics wrong.” According to
3 — the sixth largest in the world. It has on T3 on July 15. However, the first the Prime Minster, as many as 58 govern-
been built in a record 37 months at a cost ‘proving flight’ to the terminal of A380 ment agencies were involved in coordi-
of nearly $3 billion. would be an Emirates flight from Dubai. nating the efforts to build the airport, and
Operations started from July 14 for in- Among those at the inaugural event congratulated every artisan, technician
ternational services while that for the do- were UPA Chairperson Sonia Gandhi, Civil and worker involved in the huge project.
mestic sector and for non-budget carriers, Aviation Minister Praful Patel, Delhi Chief The Prime Minister said it was notewor-
will start a fortnight later, the developers Minister Shiela Dikshit and chairman of thy that India was today the ninth largest
of what is called ‘Terminal 3’ (T3) said at GMR Group, G.M. Rao, which led the con- aviation market, with 10 scheduled airlines,
the grand opening. An Air India flight sortium that built the terminal. as opposed to just two in 1990. He said the
from Washington was the first flight to “Today is a special occasion for our total fleet size of scheduled carriers had
operate from the swanky new terminal on country. We are all very happy and proud also grown four-fold to 400 aircraft.
July 14. However, the AI-120 was part of of the completion of one of the world’s Going forward, he said the country’s
a drill to reaffirm the operational readi- largest airport terminals in a record 37 commercial aviation industry had the po-
ness of the terminal. months,” the Prime Minister said at the tential to absorb up to $120 billion in in-
Also on the same date, as part of the opening ceremony. “This airport terminal vestment by 2020 and the capacity to

10 Pravasi Bharatiya  July 2010


Visitors and
mediapersons
going around the
newly built
Terminal 3
building of the
Indira Gandhi
International
Airport in New
Delhi on
June 23, 2010

Prime Minister Dr. Manmohan Singh and UPA Chairperson Sonia Gandhi
greet the audience at the inaugural of Terminal 3 on July 3.

KEy fEATuRES of TERmINAl 3


j It is the sixth largest in the world after those at Dubai, Beijing,
Singapore, Bangkok and Mexico City
j One pier each for international and domestic operations span-
ning 1.2 km from one end to other
j A city within, with a super-structure spread over 5.4 million sqft
j 78 aero-bridges, against less than 10 at the current interna-
tional terminal
j 63 elevators, 35 escalators and 92 automatic walkways
j 168 check-in counters and 95 immigration desks
j 20,000 square metres of retail area, including a large food court
j Capacity to handle 12,800 bags per hour, with 6.4 km of
conveyor belts
j Multi-layer parking facility that can accommodate 4,300 cars
j Exotic plants, material imported from Thailand, Mexico, Bahrain

cRAfTS boNANzA AT T3
Gourmet papad in tri-
colour hues, home-
handle some 160-180 million domestic made pickles, heritage
passengers and 50 million from overseas. jewellery... India will
The developers of the new terminal — hawk its flavours at
the Delhi International Airport Ltd — said a huge indigenous
the new facility can handle 34 million lifestyle and crafts
passengers per annum in the first phase bazaar being set up in
of development, against less than 10 mil- Terminal 3.
A red leather elephant wallet at the Delhi Bazaar
lion passengers at present at the interna- Spread over 4,000
tional terminal. sqft, the Delhi Bazaar will open its doors to the flying fraternity by
They said the new terminal would be July-end. It will be the only store at T3 to showcase merchandise
the sixth largest in the world — after manufactured and produced in India. A smaller 1,200-sqft replica
those at Dubai, Beijing, Singapore, of the bazaar will sell traditional crafts at the domestic lounge.
Bangkok and Mexico City. It is a super- “The store is modelled on an ethnic shopping village with 10
structure spread over 5.4 million sqft, giv- shops or ‘gondolas’, each devoted to a traditional lifestyle product
ing the feel of a city within a city. that will portray facets of Indian traditional, mystical and rural exot-
The airport’s developers are led by the ica. One rarely finds them abroad,” Manisha Gupta, president of
Bangalore-based infrastructure major Crafts House, which will manage the Delhi Bazaar, said. “The idea is
GMR Group, with the state-run Airports to promote rural artisans and women working in the village hand-
Authority of India, Fraport of Germany icrafts sector,” said Gupta.
and Malaysian Airport Holding, as mem- — Madhusree Chatterjee
bers of the consortium.

July 2010  Pravasi Bharatiya 11


resilient indiA cover story

Art
of crisis
MAnAgeMent

12 Pravasi Bharatiya  July 2010


case # 1:
On October 30, 2008, the cosy and comfortable world of Dinesh
and Jyoti Bhargava came crashing down. Both IT professionals
in their early thirties, the duo had tied the knot just two months
ago, after Dinesh had got a promotion and a salary hike. Come
November, he would be off on an offshore assignment in the
United States. The lift was good enough for Dinesh to at last take
the plunge. Little did he know then that within weeks everything
would change and rather dramatically. The collapse of invest-
ment banker Lehman Brothers on September 16, 2008, sparked
off a chain reaction. The American client cancelled their contract
with Dinesh’s Indian IT firm and the young IT professional was
handed a pink slip on that fateful day in October. The quick re-
covery of the economy thanks to timely action by the govern-
ment, however, helped Dinesh get another job within three
months. By February 2009, he was back on track.

case # 2:
To veteran investor Sunil Aurora’s utter dismay, as much as 80
The global financial and percent of the net asset value (NAV) of his stock market portfolio
economic crisis cut an had been eroded in just 12 months from January 2008 to Janu-
ary 2009. But then, Aurora, an investor who had gone through
extraordinarily destructive swathe, many market roller-coasters, did not panic and held on to his
ruining lives and livelihoods in stocks, most of which were long-term investments in blue chips.
their millions. Closer home, His instincts had told him, crisis or no crisis, Indian markets were
bound to bounce back. He was right. Within the year, his portfo-
though, the India story was lio’s NAV was more than what it was before the crisis. Once the
different. It was less about the crisis had set in and appeared capable of affecting the market
adverse consequences of the for quite some time to come, Aurora, the smart investor that he
was, had gone in for bottom fishing in a big way. Many of the
crisis and more about how the stocks that he had picked up at rock bottom prices during the
Indian government successfully crisis were now surging north once again and Aurora’s portfolio
tackled it, reports Arjun sen is looking better by the day. The government’s stimuli packages
had worked like a charm. As far as he is concerned, things can
only look up from here.

case # 3:
For Hemant Solanki, a worker in a diamond polishing unit in
Surat, life had gone from bad to worse once gems and jewellery
exports from India almost came to a grinding halt following the
economic meltdown beginning September 2008. His unit closed
down and he lost his job. Today, the gems and jewellery export
trade is limping back to some degree of normalcy, but things are
far from what they were. While some of Solanki’s co-workers
have got back their employment, many of the smaller units that
employed Solanki and others like him are yet to recover. Even
when employed, Solanki was poor but now he and his family
have been reduced to destitutes. But they are surviving thanks
to the Mahatma Gandhi National Rural Employment Guarantee
Scheme of the Indian government.

t
indiA story different
he three examples above illustrate the range of effects
that the global economic crisis, beginning 2008, have
had on the Indian economy. Recent reports indicate that
while globally the poor have become poorer and the rich
richer due to the impact of the global crisis, in India there has
been a third “outcome”. There are those who had been adversely
affected, but are now either back to where they were, owing to

June
July 2010  Pravasi Bharatiya 13
24
resilient indiA cover story

Genesis of crisis: The sub-prime crisis in


the U.S. led to increasing defaults on
housing loans and spiralling foreclosures
with thousands of people losing their
homes. The sub-prime crisis, in turn, led
to a severe liquidity crunch following the
collapse of Lehman Brothers and stock
markets worldwide went into a tailspin,
with investors suffering agonising losses.

the quick recovery of the Indian economy or those who, despite The fastest growth in wealth took place in India, China and
being hurt, are being nursed back to some kind of economic Brazil — among the hardest hit markets in 2008. Wealth in Latin
health through direct government interventions aimed at miti- America and the Asia-Pacific soared to record highs. Yet, as port-
gating poverty. To put things in perspective, the global financial folios bounced back, investors remained wary after a collapse
crisis and the concurrent economic downturn are far from over that erased a decade of stock gains, fuelled a contraction in the
in the developed world. No doubt there are signs of recovery and global economy and sent unemployment soaring.
some immediate danger situations have been averted with gov- The report, based on surveys covering more than 1,100
ernments taking on their books private debt. However, on the wealthy investors with 23 firms, found that the rich were well
whole, nobody yet knows how strong are the forces of recovery served by holding a broad range of investments, including com-
and when the global crisis can well and truly be said to be over. modities and real estate.
In the developing world, led by China and India, the forces of
recovery are undoubtedly strong and apart from their trade with AfflUent delinQUency
the developed world which still remains affected, most of the big However, even as wealth owners benefited from the stock market
emerging and developing economies seem to have weathered the rebound in 2009-10, recent reports from the U.S. indicate that a
storm well and are now sailing ahead once again. growing number of well-heeled Americans, their portfolios ham-
Although a strong recovery of the real economy is still some mered by depressed markets, have stopped repaying loans or
way off in the developed world, stock markets rebounded in 2009. have even walked away from mortgages.
Stock values rose by half, while hedge funds recovered most of “The affluent are not immune to the recession. It just took a
their 2008 losses in a year marked by government stimulus while to manifest itself,” a media report said, quoting Jay Welker,
spending and easing of monetary restrictions by central banks. Chief Executive of Wells Fargo Private Bank. “In this economy,
the high net-worth segment has had to de-leverage itself as well.”
reBoUnd on tHe BoUrses The rich by definition can weather a job loss or a market crisis
The stock market rebound helped the world’s ranks of million- longer than the average Joe. Yet their wealth is linked to securi-
aires climb 17 percent to 10 million while their collective wealth ties, properties and hard-to-sell assets such as private businesses.
surged 19 percent to $39 trillion. It nearly helped recoup losses North America’s millionaires are yet to fully recover the $11 tril-
from the financial crisis, according to the latest ‘Merrill Lynch- lion lost in the crisis.
Capgemini World Wealth Report’. “We are already seeing distinct For example, according to a top U.S. real estate and mortgage
signs of recovery and, in some areas, a complete return to 2007 tracking firm, the percentage of $1 million-plus loans with more
levels of wealth and growth,” a media report said, quoting Bank than a 90-day delinquency rose to 13.3 percent in February
of America Corp Wealth Management Chief Sallie Krawcheck. 2010, as against an 8.6 percent overall delinquency rate. In fact,

14 Pravasi Bharatiya  July 2010


the million-dollar delinquency rate has been exceeding the over- around in the Indian stock market and quick recovery of the
all delinquency rate since April 2008. economy, the poor have been impacted mainly through loss of
employment in sectors that were either export oriented or some-
BottoMing oUt how more globally integrated than other sectors in India.
For the world’s poor, however, the story has been more discon- Let us take a quick look at how the crisis impacted India. “The
certing. “The impact of the global economic crisis has been sub- impact of the global crisis has been transmitted to the Indian
stantial and it will leave an additional 64 million people in economy through three distinct channels, viz., the financial sector,
extreme poverty by the end of 2010,” Otaviano Canuto, Vice- exports and exchange rates,” says Rajiv Kumar, Director & Chief Ex-
President and head of the Poverty Reduction and Economic Man- ecutive, Indian Council for Research on International Economic Re-
agement Network of the World Bank, said at the Fourth lations (ICRIER), New Delhi. Kumar points out that the financial
High-Level Dialogue of the UN General Assem-
bly on Financing for Development in March
this year. The United Nations Millennium De- the impact of the global economic crisis has been
velopment Goals Report 2010, released late- substantial and it will leave an additional 50 million
June, also confirmed that the global economic people in extreme poverty in 2009 and some 64 million
downturn in 2009 had increased poverty and by the end of 2010, principally in sub-saharan Africa
hunger. The Report found that the worst af- and east and south-east Asia
fected were the South Asian countries, includ-
ing India, and Sub-Saharan African countries
and that they really needed to work harder to meet the MDGs by sector, including the banking sector, equity markets, external com-
2015. The Report said that updated estimates from the World mercial borrowings and remittances, did not remain unscathed, al-
Bank suggest that the economic crisis will leave an additional 50 though fortunately, the Indian banking sector was not overly
million people in extreme poverty in 2009 and some 64 million exposed to the sub-prime crisis. Only one of the larger banks, ICICI,
by the end of 2010, principally in Sub-Saharan Africa and East was partly affected but managed to thwart a crisis because of its
and South-East Asia. strong balance sheet and timely action by the government, which
virtually guaranteed its deposits.
tHe indiA eXPerience The equity markets, on the other hand, saw a near 60 percent
Coming now to the Indian experience, the crisis, as elsewhere, decline in the index and a wipeout of about $1.3 trillion in mar-
impacted both the rich and the poor. While the rich have already ket capitalisation from January 2008 to January 2009, since
recovered much of their lost wealth owing to the sharp turn- when the markets have again turned northwards. In January

July 2010  Pravasi Bharatiya 15


resilient indiA cover story

Leading global recovery: Even as doubts


remain as to exactly when developed
economies will fully recover from the
downturn of 2008, stock markets
worldwide have already recouped much
of their losses. While the Sensex of the
Bombay Stock Exchange (left) has been
steadily rising towards its all-time peak
of 21,000, stock markets elsewhere, for
example, Tokyo Stock Exchange (right)
are also on the mend. The picture on the
right shows a man walking past a TSE
board indicating a rise in market indices
across the world.

2008, the Bombay Stock Exchange’s bellwether index, the Sen- decline in global oil and gas prices and increased the cost of com-
sex, had peaked at about 21,000, only to crash to a less than the mercial borrowings but helped to encourage exporters. Again,
7,000 level by October 2008. However, this was primarily on ac- on balance, the adverse effects of a weaker rupee were more or
count of the withdrawal of about $12 billion from the market by less neutralised by the gains made by exporters.
foreign portfolio investors between January and December 2008. Thus, the direct impact of the slowdown on the poor was re-
Similarly, commercial credit, both for trade finance and stricted to loss of jobs and lack of creation of new jobs in the sec-
medium-term advances from foreign banks virtually dried up tors hit by the downturn. Even this impact was restricted to only
after September 2008. Credit from domestic banks pushed up the export-oriented sectors and the rest of the economy re-
costs and caused the rupee to depreciate. Finally, remittances mained more or less unaffected, points out Bibek Debroy, Pro-
from overseas Indians fell as oil-producing economies in the Gulf fessor, International Management Institute, New Delhi.
and West Asia began to suffer from decline in oil
prices. It was only from June this year that re-
mittances began to rise again. the direct impact of the slowdown on
the poor was restricted to loss of jobs and lack of
tHe stress Points creation of new jobs in the sectors hit by the
The second transmission of the global down- downturn. even this impact was restricted
turn to the Indian economy has been through to only the export-oriented sectors
the steep decline in demand for India’s ex-
ports in its major markets. The first sector to
be hit was the gems and jewellery sector, which felt the impact JoB loss
in November 2008 itself and where more than 300,000 workers Various estimates have homed in on a figure of between 1 and 2
lost their jobs. Other export-oriented sectors, such as garments million for jobs lost during the crisis out of a total workforce of
and textiles, leather, handicrafts and auto components were also about 500 million. “Based on a survey undertaken by the labour
hit. Since the end of 2009, however, exports began to recover. and the commerce ministries, around 1 million jobs may have
The third transmission channel was the exchange rate as the been lost, especially in sectors like gems and jewellery, garments,
rupee came under pressure with the outflow of portfolio invest- engineering goods (cycles, hand tools, etc.), chemicals, leather
ments, higher foreign exchange demand by Indian entrepreneurs and handicrafts,” says Debroy. He further points out that export-
seeking to replace external commercial borrowing by domestic oriented units are concentrated in clusters and not evenly spread
financing, and the consequent decline in foreign exchange re- out throughout the country. The major clusters are: Surat (dia-
serves. The weaker rupee partially nullified the benefits from the monds), Panipat (blankets), Tirupur (hosiery), Agra (leather),

16 Pravasi Bharatiya  July 2010


Ludhiana (woolen garments), Jaipur (hand-printed textiles), Pune 2008-February 2009. These amount to about 1.3 percent of the
(food processing), Ahmedabad (pharmaceuticals), Ambur GDP. “To these stimulus packages, we should also add the fiscal
(leather), Bangalore (machine tools) and Chennai (leather). “Of outlay of measures announced in the 2008-09 Interim Budget
these, the only instances where there seem to be firm job losses in February 2009 followed up by the full budget in July 2009,”
are in Surat and Ludhiana,” says Debroy, although even these says Kumar. These included some measures that implied a hefty
units have now begun to rehire. As for jobs not created due to transfer of purchasing power to the farmers and to the rural sec-
the slowdown, early estimates had projected India’s economic tor in general. Among such measures were: farm loan waivers,
growth to come down to as low as 5.3 percent in 2008-09 due funds allocated to the National Rural Employment Guarantee
to the downturn. At this level of growth, the economy would have Scheme (NREGS), Bharat Nirman (targeted for improving rural
created only about 12 million jobs as against at least 18 million infrastructure), the Prime Minister’s Rural Road Programme, and
that would have been created if the growth rate had remained a large increase in subsidies on account of fertilisers and elec-
between 7.5 and 8 percent. In the end, however, India posted a tricity supplied to farmers. Admittedly, some of these measures
growth rate of 6.7 percent in 2008-09. Consequently, the num- may have had non-economic considerations. Nonetheless, they
ber of jobs not created due to the slowdown was not very signif- did address the issue of the impact of the crisis, and as Kumar
icant in any way. puts it, “They have, nevertheless, helped to shore up rural de-
mand for both consumer durables and non-durables.”
groWtH in tHe tiMe of slUMP That the stimuli packages and the fiscal expansion through ad-
But how did we manage to tackle the crisis and continue to grow ditional spending did help to tackle the crisis is evident from the
in the time of global slump? fact that even in 2008-09, the country’s economic growth rate
According to Kumar, the quick policy response both by the RBI remained close to 7 percent, the second highest in the world
and the Central Government ameliorated the impact of the crisis. after China. In fact, in 2009-2010, growth rose to 7.4 percent
The RBI infused about $80 billion as additional liquidity by cut- and is slated to return to an over 9 percent rate in 2010-11, ac-
ting the cash reserve ratio (CRR), lowering the statutory liquidity cording to the latest IMF estimates.
ratio (SLR) and unwinding the market stabilisation scheme (MSS). Similarly, the NREGS proved a boon at least for those migrant
The RBI cut its repo rate, the rate at which it lends funds to com- workers who had to go back to their villages after losing their
mercial banks, from 9 to 5 percent in less than six months (from jobs in the cities.
September to December 2008). The reverse-repo rate was also In sum, “There does seem to be a consensus that India has not
brought down to 3.5 percent to discourage banks from parking suffered as much as other countries and that the growth down-
overnight funds with the RBI. turn is indeed no more than that — falling far short of a
Three fiscal stimuli were announced between November recession,” says Debroy.

July 2010  Pravasi Bharatiya 17


economy | BRAnD InDIA

The Big

Bs
Bangalore and Bollywood are emblematic
icons of India, noted French economist
Guy Sorman tells Madhusree Chatterjee

W
e perhaps knew it all along. But there was corrobora-
tion from noted French economist Guy Sorman. Bol-
lywood and Bangalore have tellingly transformed the
image of India in a globalised world, says Sorman.
“In the era of globalisation, countries are competing for soft-
ware and trademark. The image of India has been positively
impacted by the competitive computer software and the Bolly-
wood trademark. Before Bollywood and the IT revolution, the
Western media mentioned India only when the nation was
rocked by a train accident or a similar catastrophe,” Sorman
told Pravasi Bharatiya in an interview in New Delhi recently.
The economist was in the capital for the launch of his book,
Economics Does Not Lie, a study of the market economics of
developing nations of the post-meltdown scenario. In his book,
Sorman describes India as a “market revolution” in the decades
following 1991. Sorman has authored 20 books on “creativity
and modern capitalism,” including The Genius of India (2000).
Why Bollywood and Bangalore? “Non-Indians are very cre-
ative and they identify easily with the hi-tech fields of Bolly-


wood and software, though the two are smaller in size than
textiles that is a more important export item,” says Sorman.
“One rarely talks about textiles,” he adds.
The mere economic size of these sections does not matter.
“Bangalore and Bollywood are the cultural brands of India
globally — the drivers of the modern economy,” he says.
Bollywood cinema music is a
Other than economics, “Indian classical music and Bollywood”
good synthesis of modern and
keep Sorman bound to India, when he is not discharging his du-
ties as deputy mayor in charge of culture at Boulogne near Paris.
traditional genres. Bollywood is
“The decisive moment in my love affair with India was my a great way to teach the young
discovery of Indian classical music. I heard flautist Hariprasad generation traditional music.

Chaurasia play in 1985 during one of my visits to New Delhi. The infrastructure of Bollywood
Subsequently, I got a taste of Indian percussion at a tabla con- music and dance is classical
cert by maestro Zakir Hussain followed by sitar from Ravi — Guy Sorman

18 Pravasi Bharatiya  July 2010


The IconS
Global IT icons N.R. Narayana Murthy, co-
founder of the international IT bellwether
Infosys, Nandan Nilekani, ex-CEO of In-
fosys, currently the Chairman of the new
Unique Identification Authority of India,
and Azim Premji, Chairman of Wipro,
have come to be identified with the rise
of Bangalore as a ‘global brand’. Today,
Infosys and Wipro are spread across the
world with global revenues of $4.86 bil-
lion and $6.03 billion, respectively, and
export earnings of about $4.8 billion and
about $5.48 billion, respectively.
At the height of the recent global eco-
nomic recession, the term “Bangalored”
triggered some kind of dread, as it meant
jobs lost by America and Europe to Ban-
galore. The taboo may not live long, but
it only goes to show how much Banga-
lore means to the world. Bangalore is
India’s global technology identifier.
The other ‘B’ – Bollywood – as a cul-
tural icon has been an interesting force
multiplier for India’s soft power. From
veterans like Amitabh Bachchan, whose
wax image rubs shoulders with global
heroes at Madame Tussauds in London,
to the Oscar winning A.R. Rahman and
Resul Pookutty, to a number of other ac-
tors, storytellers and singers, all have
globalised Bollywood. Many well-known
western actors, musicians, scriptwriters
and directors now closely work with Bol-
lywood which from the days of Raj
Kapoor has held an intriguing mystique
for the rest of the world. Bollywood, the
world’s largest film producer, makes
over a 1,000 films a year.

The Infosys building at Bangalore has come to be recognised as the face of India’s emergence as a global information technology gaint, just as cultural icons like
Amitabh Bachchan, A.R. Rahman and Pandit Ravi Shankar (above) have helped spread India’s ‘soft power’ globally

Shankar...and was captivated by the magic of Dhrupad music,” lywood is a great way to teach them traditional music. The in-
the economist says. Dhrupad was “not just a musical experience” frastructure of Bollywood music and dance is classical,” he says.
for Sorman, “but a gateway to the Indian civilisation and culture,” Sorman says “he was the first Indophile to organise a festival
Sorman says. “I am still faithful to Indian classical music,” says of Bollywood cinema in France in 1995 when it was a com-
the noted economist. Last year, Sorman met Ravi Shankar in pletely unknown genre in the country.”
New York and “he told me that he was playing at his last con- People in the West look at India differently, Sorman says.
cert”, the economist recalls. “This is a country where things happen without being planned.
“I told him that I hoped he played his last concert every But the changes in the last 20 years since 1991 — when Dr.
year,” the economist says. For Sorman, “Dhrupad music is a Manmohan Singh opened the economy as Finance Minister —
great interpretation of Indian classical tradition.” The econo- have been for the better.
mist is fond of popular Bollywood cinema music. “It is a good “The number of engines driving growth has risen, bringing
synthesis of the modern and traditional genres. Classical music new opportunities. The fear that if you are born poor, your
is boring for the younger generation. They refuse to sit children would also remain poor has diminished. India is no
through recitals, some of which last as long as four hours. Bol- longer doomed to remain poor,” the economist said.

July 2010  Pravasi Bharatiya 19


economy | floWeR poWeR

Say
it with
flowers
And we are talking
of artificial flowers
here. Though the
market for them in
India is ‘need
driven’, the business
is blooming abroad,
says Neha Tomar

T
hese flowers look good, do not ral flower business covers 60 percent of Shah Nawaz, manufacturer, Candle &
disturb the environment and do the floriculture market, artificial flowers Blooms. Incidentally, due to vast im-
not fade in a hurry, but there's a contributes 30 percent of the total provements in the quality of artificial
catch — they cost five to seven turnover and 10 percent is taken up by flowers as well as lifestyles that demand
times more than fresh ones. Perhaps dry flowers. low maintenance home decorating ac-
that is why artificial flowers don’t sell According to the artificial flower sell- cessories, the market for them has
well in India, making manufacturers ers in India, there are many bulk pro- grown into a multi-billion dollar busi-
look to Europe and the Middle East for a ducers of these flowers, but with the ness in countries like Thailand and China.
blooming business. In India, the market market here attracting few takers, the pro- The higher price is perhaps the main
is still small compared to fresh flowers. ducers have to look westwards. reason for the lower demand of the arti-
“It has a total turnover of around “Since the Indian market is mostly ficial flowers in India. Talking about the
Rs.1,000 crore a year whereas the fresh ‘need driven’, the demand for them (arti- price range of these flowers, Chetna
flower market has a turnover of around ficial flowers) is less here. Only the afflu- Garg of Delhi’s Ranga Rang Creations
Rs.8,000 to 9,000 crore a year,” Vishal ent sections have the pocket to splurge said: “A natural rose flower costs Rs.10,
Gutgutia, managing director of leading on products such as these to decorate while an artificial rose flower would cost
Indian florists Ferns n Petals, told IANS. their homes. We usually export them to a minimum of Rs.50. The price may rise
He added that in India the total natu- Europe and the Middle East,” said Saif depending on the design and the mate-

20 Pravasi Bharatiya  July 2010



floWeR fAcTS
In recent years, there has
been tremendous growth in
the industry powered by
growing international
demand for flowers. India I feel that artificial flowers
exports flowers to countries are a wonderful way of
like the United States, Japan, adding beauty to the home
Britain, the Netherlands and and surroundings. The
Germany. Therefore, the in-
dustry also earns vital foreign
colours of the flowers and

the leaves are natural
exchange. The states which
— Shahnaz hussain
make major contributions in
the sector are Maharashtra,
Karnataka, Andhra Pradesh
and Haryana. Today, approxi-
mately 160,000 hectares have
been brought under floricul-
The mARkeTplAce
ture. The government has
also taken significant steps to ARTIfIcIAl floWeRS
help the industry grow. A di- j Total annual turnover: Rs. 1,000 crore
rect subsidy of up to 50 per- j Artificial flowers contribute 30 percent of
cent for pre-cooling and cold the total turnover. Dry flowers contribute
storage units has been made 10 percent
available. As of April 2009, j These are more costly than fresh
eleven model floriculture flowers. Since the market for them in
centre units and 20 tissue India is ‘need driven’, they are mostly
culture units have been es- exported to Europe, the Middle East,
tablished by the Ministry of Thailand and China
Agriculture. Moreover, import
duties on cut flowers, flower fReSh floWeRS
seeds, tissue-cultured plants j Total annual turnover Rs. 8,000-9,000
have also been reduced. crore
Floriculture exports in 2006- j The total natural flower business covers
07 stood at about Rs. 650 60 percent of the floriculture market
crore and projections for the j Fresh flowers are less costly. A natural
year 2010 are estimated at rose costs Rs. 10, while an artificial rose
Rs. 10,000 crore (Floriculture would cost a minimum of Rs. 50. The
Today, March 2009). price may rise depending on the design
and the material used

rial used.” Manoj Rajani of Mumbai’s Rajani told IANS. As per retailers, there berries, feathers and fruits. “Our raw
Agro-Care Products also agreed, adding is still a prevailing mindset that artificial material comes from China and Japan,
that artificial flowers are usually priced flowers mean that they are made of and we put in a lot hard work to make
five to seven times higher than their nat- cheap, shiny plastic — perhaps with a them look like the real ones,” Setia
ural counterparts. plastic dew stuck to a petal. added. The people engaged in producing
“That is one of the reasons for their “Most Indians are quite wary of buy- these flowers feel it is more profitable to
lower popularity in the Indian market; ing artificial flowers because most of buy artificial flowers as they require
so we export most of our stocks. A lim- them think they are only made of plas- less maintenance, lasts longer and are
ited quantity is sent to local markets, tic, but in fact innovations and intricate hassle-free.
that too at a cheaper price,” he added. work are used nowadays,” said Mahesh Prominent beautician Shahnaz Hus-
Flower producers feel that these flowers Setia, who sells artificial and dry flowers sain is a lover of artificial flowers and is
do have their advantages. at his shop, Florina. known to decorate her workplace and
“People like to throw grand parties, so Artificial flowers are available in many home with them. “I feel they are a won-
they want decorations to be over the varieties — besides plastic, they are derful way of adding beauty to the home
top. These (artificial) flowers can be of made of paper, cotton, parchment, latex, and surroundings. The colours of the
good use without disturbing the envi- rubber, satin, porcelain and dried mate- flowers and the leaves are natural,”
ronment and they can be reused also,” rials, including flowers and plant parts, Hussain said.

July 2010  Pravasi Bharatiya 21


economy | RAppRoAchmenT

power of one
With the Brothers Ambani announcing a truce, the emergence of a mighty global
conglomerate sooner than later has become a distinct possibility, argues Arjun Sen

S
tarting with a mere Rs. 15,000
($350) in 1960, Dhirubhai Am-
bani built up a Rs. 75,000
crore ($16 billion) empire from
scratch by the time he died on July 6,
2002. Three years later and after much
bitter acrimony between his two sons —
Mukesh and Anil — the two on June 18,
2005 decided to split the empire be-
tween them and go their own ways. Ex-
actly five years later, on June 18, 2010,
the two brothers announced a rap-
prochement. What does this mean for
Indian and global business?
Today, the combined worth of the two
brothers stands at $107.12 billion.
Should the brothers merge, the com- Mukesh Ambani Anil Ambani
bined entity would probably be among
the world’s 50 largest companies. In has already announced plans to take the


fact, Mukesh’s Reliance Industries ranks Reliance group to $160 billion in 10
121 in the Forbes’ list of 2,000 largest years from its present turnover of over
companies in the world, while Anil’s Re- $80 billion mainly through investments
liance Communications ranks 689. in telecommunication and power, Anil’s
The “truce” announced on May 23, mobile company, Reliance Communica-
2010 says: “RIL and Reliance ADA RIl and Reliance ADA Group tions, welcomed Reliance Industries into
Group are hopeful and confident that all are hopeful and confident that what was once its turf.
these steps (signing of a new non-com- Immediately after the truce, even as
all these steps will create an
pete agreement and an agreement for Anil’s Reliance Communications spun off
supply of RIL gas to ADAG as per
overall environment of its mobile tower arm to GTL for an $11
Supreme Court directives) will create an
harmony, cooperation and
“ billion deal, its board approved a pro-
overall environment of harmony, coop- collaboration between posal to sell 26 percent stake to a strate-
eration and collaboration between the the two groups gic partner. In the process, ADAG hinted
two groups. Reliance Industries and Re- that it would be open to doing business
liance ADA Group are committed to ful- has been the key source of conflict be- with Mukesh’s new broadband company.
filling the vision of their legendary tween the two. The new agreement does The possibilities are mind-boggling. If
founder, Shri Dhirubhai Ambani, and away with these curbs. Mukesh is now the two join hands in telecom they
contributing to the future growth of the free to venture into any area including would become one of the strongest
Indian economy.” those where Anil has a presence except global entities. It is also likely that the
Under the separation agreement of gas-based power generation where two brothers see synergy in merging
2005, elder brother Mukesh, who is Mukesh can enter only after March 31, their energy businesses as well, leading
India’s wealthiest man and the world’s 2022. Similarly, Anil too can enter any to some kind of consolidation. Should
fourth richest, inherited textiles and petro- business where Mukesh has a presence. rapprochement reach its logical conclu-
chemicals, while Anil took over the mobile Recent developments indicate that at sion — a complete merger of the duo’s
phone, financial services and power divi- least in the telecom sector, the two business empires — India will have its
sions. The pact restricted them from en- brothers are likely to join hands sooner largest private conglomerate big enough
tering each other’s areas of business and than later. For example, while Mukesh to compete with the world’s biggest.

22 Pravasi Bharatiya  July 2010


petrol on freeway
The government decides to make prices market driven to help oil PSUs make good
their under-recoveries and boost revenue

T
he Indian government has lifted Simultaneously, the government hiked “The (decontrol of petrol prices), cou-
decades of control on petroleum the prices of diesel by Rs.2 a litre, pled with price increase for LPG (cook-
pricing as it hiked the prices of kerosene — known as the poor man’s ing gas) and kerosene, will have an
petrol, diesel, kerosene and fuel, and traditionally spared during pe- immediate positive impact on inflation.
cooking gas, inviting a barrage of riodic fuel price hikes — by Rs.3 a litre I expect an increase of 0.9 percentage
protests from not only opposition par- and cooking gas by Rs.35 per cylinder. points in the monthly Wholesale Price
ties, but some of its own allies. The Em- “We are fully aware of the sentiments Index (WPI) inflation,” he said in a state-
powered Group of Ministers (EGoM) of the people. We are fully aware of ment. However, he added that since the
headed by Finance Minister Pranab some difficulty it may cause. But in the hike in fuel prices would push down fis-
Mukherjee approved a proposal on June larger interest of the Indian economy, it cal and revenue deficit, “they will exert a
25 to make the prices of auto fuels mar- is absolutely essential that the con- downward pressure on prices”.
ket-driven and boost the revenues of oil sumers also share the burden of rising Sundareshan said that even after the
exploring and marketing companies. An- prices of crude in the international mar- changes, the under recoveries will still
nouncing the decision, Petroleum Secre- ket,” Sundareshan said. be around Rs.53,000 crore at the cur-
tary S. Sundareshan said the prices of The finance ministry’s chief economic rent international price of crude, which
petrol “will be market determined, both adviser, Kaushik Basu, admitted that stands at $75 a barrel. “The government
at the refinery gate and retail level". there was likely to be an impact on the and upstream companies will have to
As a result, petrol will now be costlier wholesale price index inflation, which find the funds to compensate the oil
by Rs 3.50 a litre. was 10.16 percent in May. marketing companies,” he said.

oIl SuBSIDIeS muST Go: pRIme mInISTeR


Saying that people will understand the perils of excessive populism that was bad for the economy, Prime Minister Dr. Manmohan Singh
said on June 29 that diesel prices, like petrol prices, would not be subsidised anymore by the government as “much-needed reforms”
were needed in the pricing structure of fuels. “Subsidies for petroleum products have reached a level which is not connected to sound
financial management of our economy,” he told reporters on the way back to New Delhi after attending the G20 Summit in Toronto.
“The fact that petrol prices have been set free, the same is going to be done to the diesel prices — (these are) much needed re-
forms,” he said. “But we have taken due care to ensure that the interests of the poorer sections are affected to the least possible extent.
That’s why the attempt to keep under regulation the prices of kerosene and LPG,” he said.

July 2010  Pravasi Bharatiya 23


economy | G20 SummIT

Stimuli perfect
G20 leaders vow to sustain support and deficits to foster growth and drive
global recovery, reports Arvind Padmanabhan

l
eaders of the G20 pledged on
June 27 to fight protectionism
and promote free flow of trade,
investment and professionals,
respecting the demand by emerging
economies like India, articulated by
Prime Minister Dr. Manmohan Singh.
In a joint declaration issued after the
two-day summit, the leaders of the rich
and emerging economies said their re-
frain to raise barriers will hold at least
till 2013, when they will review their re-
spective positions. They promised to
slash their budget deficits in a manner
that fosters growth. The promise of
“growth-friendly fiscal consolidation” for
rich countries marked a key compro-
mise between the United States, which World leaders pose for the G20 Summit “family photograph” on June 27 in Toronto.
has pushed for more public spending,
and Europe, which has already an- he had told the opening plenary that it
nounced austerity measures in the wake was imperative to conclude the Doha
of Greece’s debt crisis. Development Round of the World Trade
Wealthy countries also agreed to Organisaion (WTO), which again was
halve their budget deficits by 2013 and endorsed in the joint declaration.
committed to “stabilise” their level of The declaration said G20 members
government debt by 2016 — two tar- will minimise negative impacts of their
gets seen as a victory for the European domestic policies on trade and invest-
Union. “While the global economic crisis ment, while asking multilateral financial
led to the sharpest decline of trade in institutions to monitor the situation When pm speaks, people
more than 70 years, G20 countries within their respective mandates. “Open listen, says obama
chose to keep markets open to the op- markets play a pivotal role in supporting Praising the statesmanship of Prime
portunities that trade and investment growth and job creation, and in achiev- Minister Dr. Manmohan Singh and the
offer,” said the declaration. “It was the ing our goals under the G20 framework rise of India, US President Barack
right choice.” Hours earlier, Prime Min- for strong, sustainable and balanced Obama said on June 27: “I can tell you
ister Dr. Manmohan Singh had under- growth.” Besides India, the G20 members here at G20 that when the Prime Min-
scored the need for developing are the US, Canada, Russia, Britain, ister speaks, people listen,” he said,
countries to increase investment de- France, Germany, Italy, Japan, Argentina, adding that it was because of his
mand by focusing on infrastructure that Australia, Brazil, China, Indonesia, Mex- deep knowledge of economic issues,
can sustain growth in the short term by ico, Saudi Arabia, South Africa, South the nuances of India’s rise as a world
offsetting the contraction on account of Korea, Turkey and EU. “To be honest, it’s power and its commitment towards
lower exports. more than I had expected, as it is very global peace and prosperity. Obama
“But growth in developing countries specific and was accepted by all the in- also said that he was “looking for-
would be greatly helped if threats of dustrial nations. I think that is a success,” ward” and “excited” about
new protectionist measures in industri- German Chancellor Angela Merkel said. visiting India with First Lady Michelle
alised countries are firmly resisted and Chinese President Hu Jintao said he later this year. “It is a trip that I’m very
existing barriers to trade, especially was “soberly aware” of the need to much looking forward to,” said
those affecting developing countries, are rebalance the global economy, but President Obama.
reduced,” Dr. Singh said. In this context, warned it would take time.

24 Pravasi Bharatiya  July 2010


BIz BRIefS

RIl strikes oil in cambay Basin


India’s largest private sector company, Reliance Industries (RIL), said on
June 28 it has made its seventh oil discovery at a site in Cambay Basin,
off the Gujarat coast. RIL said it had informed the government and the
Directorate General of Hydrocarbons about the discovery, named

1
Dhirubhai-50. “The potential commercial interest of the discovery is
being ascertained through additional data gathering and analysis,” it
said in a statement. RIL said the discovery in block CB-ONN-2003/1,
about 130 km from Ahemdabad, is significant as it is expected to
open “more oil pool areas within the block.”

mahindra Aerospace to make small civil aircraft


Mahindra Aerospace of the $6.3-billion utility vehicle maker Mahin-
dra Group will become the first Indian private firm to make small civil
aircraft for the Indian general aviation market, which is set to boom
this decade. “We will manufacture the turboprop aircraft in 2-20 seat

2
capacity at our recently acquired Gippsland Aeronautics in Victoria,
Australia, and market them in India,” Mahindra board member He-
mant Luthra said. “We want to be the premier Indian producer of
aircraft,” Mahindra Vice-Chairman and Managing Director Anand
Anand Mahindra
Mahindra said.

core sector grows 5% in may


India’s core sector registered a 5-percent year-on-year growth in May
2010, compared with 3.2 percent in May last year. The index of six core
industries, that have a combined weight of 26.7 percent in the Index
of Industrial Production, registered a growth of 5.0 percent, compared

3
to 3.2 percent in May 2009. During the first two months of this fiscal,
six core industries registered a growth of 5.1 percent, as against 3.5
percent during the corresponding period of the previous year. Sectors
Sector Crude Oil Petroleum Electricity
Refinery Production Generation that witnessed a positive growth include crude oil, petroleum refinery,
electricity generation, cement production and electricity generation.

India now full-fledged member of fATf


India has become a full-fledged member of the Financial Action Task
Force (FATF), an inter-governmental organisation which creates poli-
cies to combat money laundering and terror financing, the govern-
ment said on June 29. India was granted membership at the third

4
plenary meeting of FATF held in Amsterdam from June 23 to 25. India
is the 34th country to join the organisation. The FATF membership will
help India coordinate its efforts against money laundering and
financing of terrorism at the international level, said a statement of the
Ministry of Finance. India had become an observer at FATF in 2006.

July 2010  Pravasi Bharatiya 25


diAsporA

A big second home


Indians have emerged as the third largest immigrant group in the United States. A
report reveals that they form 1.6 million of the immigrant population, says Arun Kumar

A quick glAnce

W
ith about 1.6 million foreign-born from India residing in
the United States in 2008, they have emerged as the third- j Nearly half of all Indian immigrants
largest immigrant group in America after Mexican and Fil- resided in California, New Jersey,
New York, and Texas
ipino immigrants. There were, however, 2.3 million
j The Indian born accounted for about
members of the Indian diaspora residing in the United States in 2008,
one in 10 immigrants in six states
including 455,000 native-born U.S. citizens of Indian ancestry.
j Between 2000 and 2008, the size of
The size of the Indian immigrant population more than doubled in
the Indian immigrant population
five states and the District of Columbia between 2000 and 2006. The
more than doubled in 10 states
1,519,157 Indian immigrants in 2006 were 6.5 times higher than the
j Over one in six Indian immigrants
206,087 Indian foreign born counted in the 1980 decennial census.
resided in the New York metropoli-
Between 2007 and 2008, the number of Indian immigrants sur-
tan area
passed the number of Chinese and Hong Kong-born immigrants for the
j Indian immigrants made up at least
first time since at least 1960, according to a new report from the Mi-
10 percent of the immigrant popula-
gration Policy Institute, a Washington-based think tank. Indian immi- tion in 10 metropolitan areas
gration to the United States, a fairly recent phenomenon, grew rapidly j There were 2.3 million members of
during the 1990s and 2000s, the report noted. In addition, people with the Indian diaspora residing in the
Indian ancestry have also immigrated to the United States from the United States in 2008, including
Caribbean, East Africa, Canada, and the United Kingdom. 455,000 native-born U.S. citizens of
Compared to other immigrant groups, the Indian foreign born are Indian ancestry
much better educated — nearly three-quarters of Indian-born adults j Over 40 percent of the Indian for-
have a bachelor’s degree or higher. About one-quarter of Indian-born eign born arrived in the United
men in the labour force work in the information technology industry, the States in 2000 or later
survey noted. The Indian born were the fourth-largest group of student j Three of every 10 Indian immigrants
and exchange visitors admitted to the United States in 2006. in 2008 had limited English proficiency.
The survey also revealed that Indian immigrants were less likely to j About two-thirds of the above spoke
live in poverty than natives, and most likely to own houses of their own Hindi, Gujarati or Punjabi
in the country. In 2008, there was only about one in eight Indian immi-
grants who did not have health insurance.

The Mahatma Gandhi Plaza at the Oaktree road, Iselin,


New Jersey. New York City, New Jersey, Connecticut and
Pennsylvania are home to approximately 600,000 Indian
Americans as of 2009
gandhi in Winnipeg
A 500-kg bronze statue of the pioneer of Satyagraha — Mahatma Gandhi — was
unveiled in the Canadian Museum of Human Rights, reports Gurmukh Singh

A
life-size statue of Mahatma
Gandhi was inaugurated on June
16 in the Canadian Museum of
Human Rights in Winnipeg. Win-
nipeg, the capital of Manitoba province, is
about 1,500 km from Toronto. The local
Indian-origin cardiologist Naranjan Dhalla
of Friends of the Canadian Museum of
Human Rights had requested the Indian
government to donate the statue to the
museum in 2004. The 500-kg bronze
statue was jointly unveiled by Indian High
Commissioner Shashshekhar Gavai, Dr.
Dhalla and Gail Asper of the museum.
Lauding Gandhi as the great advocate of
human rights, Gavai recalled the Ma-
hatma’s commitment to non-violence Indian businessman Hemant Shah presenting a book on the life of Gandhi to Gail Asper of the Canadian
Museum of Human Rights in Winnipeg on June 16.
when he withdrew his civil disobedience
movement after a mob killed 22 cops in
Chauri Chaura in 1922. tireless work and dedication to change for me to present you the books on the
Gail Asper, whose newspaper-owning the world through non-violent resistance life of Gandhi.” The statue has been made
Jewish family is behind the creation of to human rights violations,” she said. by Indian sculptor Ram Vanji Sutar. It will
the Canadian Museum of Human Rights, Local businessman Hemant Shah pre- adorn the entrance of the museum when
praised Gandhi for his commitment to sented her with a set of books on the life the building is finally completed in 2012.
non-violence. “Mahatma Gandhi symbol- of Gandhi. Thanking her for taking the After Ottawa, Winnipeg is the second
ised the struggle for human rights and initiative to install the statue at the mu- Canadian city to have a statue of the man
dignity. This sculpture reminds us of his seum, Shah said, “It is a proud moment called the Father of the Nation (India).

The incredible desis


With the rise of ‘desi power’, a including U.S. Chief Informa- years, is running in the Demo-
record number of Indian tion Officer Vivek Kundra and cratic primary in the 4th Con-
Americans are running for USAID chief Rajiv Shah. gressional District. Reshma
public office this year. In addi- Louisiana Governor Bobby Jin- Saujani, who is challenging
tion to Nikki ‘Randhawa’ Haley dal, the first Indian American Democratic House member
— the Republican nominee governor, made the Republi- Carolyn B. Maloney in the Sep-
for governor in South Carolina, can short list for Vice President tember 14 primary, says she is
Indian Americans are cam- in 2008. Manan Trivedi, a doc- the first Indian American
paigning this year for Congres- tor and Iraq war veteran, re- woman to run for Congress.
sional seats in Pennsylvania, cently won the Democratic The estimated 2.5 million In-
Kansas, California, New York primary in Pennsylvania’s 6th dian Americans rank among
Nikki ‘Randhawa’ Haley and Ohio. More than a dozen Congressional District. Raj the most highly educated eth-
others serve in senior positions Goyle, who has served in the nic groups in the U.S., accord-
in the Obama administration, Kansas legislature for three ing to census figures.

July 2010  Pravasi Bharatiya 27


diAsporA / philAnThropy inTervieW

combating catastrophes
Rahul Singh, the founder of GlobalMedic is set to transform the way disaster relief is
managed. A glimpse into his work and the role of GlobalMedic...

r
ahul Singh, an Indo-Canadian
paramedic, is the founder and
director of GlobalMedic — a
disaster relief organisation
made of volunteer paramedics, police of-
ficers and firefighters. With the urge to
better the humanitarian aid distribution
system in the world and in honour of his
friend David, who tragically died, Rahul
created the GlobalMedic-David
McAntony Gibson Foundation in1998.
Today, his immense effort and dedica-
tion has helped GlobalMedic emerge as
one of the renowned Canadian relief
foundations. Recently, he debuted in
Time magazine’s list of ‘the world’s 100
most influential people’. The magazine
hailed his relief work in Haiti earthquake
as “a shining example” of “selfless effort”.
In the last five years, he and his volun-
teers have mounted more than 50 Glob-
alMedic missions around the world. Son
of a migrated Delhi couple, Rahul has
also been conferred the Indo-Canadian
Commerce’s Humanitarian of the Year
Award in 2006, the James Allen Award
from Toronto EMS in 2004 and an
award from the Toronto Paramedic Asso-
ciation for Humanitarian Efforts in 2005.

Rahul Singh spoke to L. Jyotimala.


Excerpts:

congratulations on being named in the


Time’s list of the ‘100 most influential
people’... how does it feel to receive
such a recognition?
It is an honour to be recognised, but in
reality it is not a personal honour. The
award represents the cumulative
efforts of our emergency volunteers,
whose efforts saved lives in Haiti. Our
volunteers are professional rescuers:
paramedics, police officers, and firefight-
ers who donate their time and skills to

28 Pravasi Bharatiya  July 2010


Rahul Singh speaking about the efforts that GlobalMedic has been putting in while helping the Haiti earthquake victims at a school in Toronto. The students of the
school had raised over $1000 for disaster-struck people of Haiti.

respond to large scale catastrophes We have a number of private and corpo-


around the world. Their efforts to serve rate donors who mobilise funds quickly
the global community are the reason we when disaster strikes. I feel that everyone
are being honoured by the Time. should do what they are best at during a
time of crisis. Our best skill is saving lives
The efforts that globalMedic is putting in and that’s what we do. Also, in the past,
for earthquake-hit haiti is extraordinary. we have received funding from the Cana-
What are the other international missions dian government.
which have truly challenged
globalMedic? does globalMedic reach every corner of
GlobalMedic teams have worked all the world? how can people in trouble
around the world in many different seek help from your foundation?
countries including Pakistan, We try to respond where there is a defin-
Bangladesh, and Sri Lanka. The heat in itive need and the programmes and serv-
Sindh, Pakistan, made it unbearable, but ices that we offer can make an
we still managed to run relief efforts. impact. Folks can reach us online and by
The isolation and difficulty to reach Rahul Singh with Canadian wife Chantel Kehoe email. We typically coordinate with our
parts of southern Bangladesh also pre- global partners.
sented a problem. The magnitude of the the way emergency aid is delivered.
tsunamis in the war-torn parts of north- how do you see your ties to india, the
eastern Sri Lanka were also difficult ob- What has been the inspiration and what birthplace of your father? What is your
stacles to overcome. motivated you to start such a foundation? emotional or spiritual connect?
It was frustrating to see the inefficiencies I was born in Montreal, Canada, but
it’s been more than a decade since you and drawbacks in the usual system of hu- travelled back to India several times as a
founded the globalMedic. What has been manitarian aid distribution. And I wanted child. I had a 17-year hiatus from seeing
your experience? to create an agency that could do more India and then decided that I wanted to
It has been a fantastic run. Our teams with less. My best friend passed away learn more about the nation.
have been able to save lives and deliver and I decided to start the agency in his So, I bought a ticket and a bag and
aid effectively to many people in honour. The motivation came from a sim- backpacked through a fair amount of
need. The past ten years have brought ple source — when I saw the immense the country travelling by bus, rail, cycle,
rapid amounts of growth that have al- help people needed, I felt the fire inside and cart. I found it a fascinating place, a
lowed us to expand operations and give me to get them the help they deserved. mass of humanity, a hodge podge of the
more to more people during their time of rich and the poor. I was taken in by the
need. I really hope that we continue to how do you mobilise funds required to differences of culture, landscape and
grow and manage an effective pro- help the needy? do you get aid from the language. I am still fascinated by the
gramme that would help to revolutionise canadian government as well? land of my ancestors.

July 2010  Pravasi Bharatiya 29


diAsporA

new temple in Toronto


Over 10,000 Hindus from Canada and the
United States joined week-long ceremonies
recently for the opening of a unique south
Indian temple modelled on the 9th century
Sringeri Peetam. Built at a cost of $11 mil-
lion and named after the goddess of wis-
dom Sri Sharadamba, the temple was
consecrated during ceremonies held from
June 20-27 with water collected from more
than 250 rivers around the world. The tem-
ple, which will also have nine other deities,
has been built with marble and granite im-
ported from India.
Gurmeet Sodhi,
on her chat show
“GS with GS” ‘Marathon’ family
An ethnic Indian woman and her two
daughters bagged the top three prizes in a

s
walking competition in Malaysia. The Ipoh
he might step into Oprah Winfrey’s boots, you never know. India- Starwalk 2010, the annual walking marathon,
born Gurmeet Sodhi is among the few South Asians vying to host a turned out to be a family affair for 49-year-
new programme produced by the American chat show legend and old K. Kamaladevi, a nurse from Penang who
says she has overcome racial bias and other odds to reach where she won the first prize in the women veteran’s
is. Sodhi, who is originally from Mhow, in Madhya Pradesh and now has her category. Her daughters N. Vithiaa and N.
own talk show in the United States., is taking part in a contest that could make Nithiyaa came in the second and third spot
her the host of Oprah Winfrey Network’s (OWN) “Your OWN Show”. respectively in the women’s category. In the
“I’m sure no one will ever be able to replace Oprah’s legacy. I am here to make fourth place was her niece M. Nalienaa.
my own mark and identity and leave my legacy behind. We all carve our own Kamaladevi said her youngest daughter
paths and ways and make a journey for ourselves,” Sodhi, a 35-year-old Sikh, said. came third in the girl’s category.
“The best thing about Oprah is

gup
she can relate to an average per- White house Fellows
son, and at the same time with the Two Indian-Americans, Pat Basu of Naperville,
President with great ease and Illinois, and Sunny Ramchandani of Rowland
makes everyone feel special,” said Heights, California, are among the 13 new

shup
Sodhi. “However, to be at the plat- White House Fellows. All the 13 White House
form where Oprah is, one needs to Fellows “come from diverse backgrounds,
have confidence, perseverance, varied professions” and all of them “have

queen
dedication and commitment,” she shown a strong commitment to public serv-
added. Sodhi shifted to Long Island ice and leadership”, the White House an-
in New York from Mhow when she nounced on June 22. Basu is a radiologist at
was 12 years old. Stanford University and the Palo Alto, Virginia.

to rock
Before setting up her own show Ramchandani is a Lieutenant Commander
“GS With GS” — short for “Gup and physician in the U.S. Navy.
Shup With Gurmeet Sodhi” — in
April 2009, she hosted a live talk presidential Award
show about real estate and finance President Barack
on South Asian channels for eight years. Now she lives with her husband, and Obama has named
three children and is craving to carve a niche on a big platform like OWN. an Indian American
Online entries were called for “Your OWN Show”. OWN will soon announce science teacher Rad-
the top five online finalists who will join 35 other finalists chosen from open hika Plakkot as one of
casting calls and other online entries. After that show, producers will cast 10 the 103 mathematics
out of the group of 40 to be on the show. The show will be aired on OWN in and science teachers
January 2011. “I’m a self-made person. I don’t come from a rich family; nei- for the prestigious Presidential Award for
ther did I have a chance to go to a regular college to teach me what I know. I Excellence in Mathematics and Science
am hungry to learn and adapt to every situation. “If I win, I will have opened Teaching. Plakkot, who teaches biology at
the doors to many young girls in believing no matter where you come from, the Huntingtown High School, Calvert
no matter how rich or poor you are, you can make it on your own with hard County in Maryland is the only Indian
work and determination. I want to inspire an average person like myself to American in the group. She and other edu-
dream big.” cators will receive their awards in Washing-
— Radhika Bhirani ton, D.C. later this year.

30 Pravasi Bharatiya  July 2010


diAsporA
quiz
How well do we know each
other? What do we know
q.1 Born in Moscow, she was the great-great-great-
grand daughter of Tipu Sultan. She studied music and
medicine and became a writer. During WW-II she was a
nurse with the Red Cross. Later, she joined the Women’s
about each others music, Auxiliary Air Force in England and trained as a wireless
operator. Codenamed ‘Madeleine’, who was this Indian
culture, country, history and origin woman of much mystique?
leaders... What are those
memories and connections q2. The return of Mahatma Gandhi from South Africa to
India is symbolically celebrated as the Pravasi Bharatiya
we share... We bring you the Divas every year. When did Gandhi return to India?
third edition of the Diaspora
quiz. The answers are given at q3. Which period marked the large-scale migration of
professionals, such as doctors, engineers, scientists, legal
the bottom of the page. You and health professionals from Punjab and Bengal to
can also write in with little- North America and Australia?
known facts about the
q4. Who was Noor Hassanali? Clue: Trinidad & Tobago
Diaspora Community. Let us
begin a journey of learning q5. This little celebrated Sikh laid the foundations of
more about each other... trade unionism in Kenya. At the age of 14, he left India to
join his father’s press in Nairobi. Who was he?

q6. Name the Indian Nobel winning uncle-nephew duo


in physics. The uncle won the Nobel in 1930 and the
nephew, an Indian-born American astrophysicist, along
with William Alfred, won the prize in 1983.

q7. He was born in Trinidad in 1932 while his great-


grandfather had migrated to that country in the late 19th
century from Uttar Pradesh, in India, as an indentured
labourer. A Nobel Laureate in Literature, some of his best
known works include A House for Mr. Biswas, A Bend in
the River, The Enigma of Arrival, and In A Free State.
Lately, he has expressed a desire to migrate to his native
village in India and spend his last years there. Who is he?

q8. What is Chutney music and who was its progenitor?

q9. As Southall is to England, Felicity is to .................. and


Edison City is to..............

10. An Indian prince and Test cricketer, the Maharaja Jam


Sahib of Nawanagar, played for the English team. He was
known as the “Black Prince of Cricketers”, and became
the first Indian Test cricketer in 1896. Name the Gujarat-
born prince.

AnsWers
9. Trinidad and u.s.A 10. ranjitsinhji vibhaji Jadeja (september 10, 1872 - April 2, 1933).
& Tobago. it is a combination of traditional bhojpuri folk music, soca and indian film music. sundar popo popularised chutney music, beginning with his 1970 hit 'nana and nani'
June 1948 5. Makhan singh 6. sir c.v. raman and his nephew subrahmanyan chandrasekhar 7. vidiadhar surajprasad naipaul 8. it is a form of music which had its origins in Trinidad
and Tobago (1987 to 1997). in 1943, he emigrated to canada and earned a bachelor's degree at the university of Toronto. he also became a member of gray's inns of court in london in
1. noor inayat khan (Jan 1, 1914 – sept 13 , 1944) 2. January 9, 1915 3. end of the World War ii, 1947-1975 4. he was the first president of indian origin of the republic of Trinidad
cuisine

This summer... go green


To stay fit, work out with these vegetarian dishes that are nutritious as well as tasty,
says Kamini Kumari

W
ith the blazing heat taking its of colonitis and mouth cancer. The lib-
toll on our bodies, it be- eral use of fresh vegetables, legumes,
comes necessary to watch yoghurt, rice and other ingredients
what goes down our food make it inherently easy to digest.
pipe. Too much oil, fat and cholesterol- Spices form the backbone of Indian
laden food can have disastrous conse- cooking. Although the list of spices and
quences. Following a proper and techniques used to prepare some recipes
healthy diet will keep you fit and lend the can be intimidating, they provide mouth-
largest organ on your body, the skin, a watering layers of flavours in a matter of
healthy glow. And what can be better minutes.
than our own Indian vegetarian diet. Whether you are preparing a quick
Indian food is enjoyed worldwide, not whole grains including lentils, legumes curry for an easy meal or a medley of
only because of its variegated tastes and and, dried beans, such as kidney beans, dishes for a dinner party, you will find
flavours but also because of the other chickpeas, and black-eyed beans, among these recipes healthy, nutritious and
benefits it offers. Vegetarian dishes are others. Whole grains are good sources delicious.
loaded with anti-oxidants and are very of protein, fibre, vitamins and minerals. So go ahead and try it for yourself. And
nutritous, if cooked in less oil. Besides they contain very little fat. join the likes of Kareena Kapoor, who
Indians love dishes that are rich in Whole grains also help reduce the risk swears by leafy veggies.

32 Pravasi Bharatiya  July 2010


Beans salaD Method
A very nutritious and fibrous starter. Beans Heat oil in a non-stick pan over medium
salad helps increase the metabolic rate of heat. Add onions and cook, stirring often,
our body, an elixir for those who are until fragrant and it begins to brown. Add
trying to shed weight. garlic, cardamom, cumin seeds, coriander,
and cinnamon powder, and cook for 30 to
ingredients 60 seconds. Add potatoes, water and salt;
1/4 cup White Beans (Chowli) bring to a simmer. Cover and cook for 10
1/4 cup Red Kidney Beans (Rajma) minutes. Add chickpeas and tomatoes,
1/4 cup Green Grams (whole moong) stirring it occasionally. Reduce heat to low
100 gms French Beans and simmer, partially covered. Add 1/2 cup
1 Onion (medium sized) water, if needed, until the potatoes are
1/2 cup Fresh Coriander tender, for 30 to 35 minutes. With a
1/3 cup Mint (Pudina) nutritional content of carbohydrates,
2 Green Chillies (chopped) protein, fibre and potassium, one serving
3 tbsp Lemon Juice of vegetable stew makes for 53 percent of
1½ tsp Chaat Masala daily requirement of Vitamin C.
eaT healThy, eaT righT
Method j Use skim or low fat varieties of all navraTan KorMa
Soak white beans and kidney beans dairy products (milk, yogurt, cheese, This Indian recipe involves chopped
separately, overnight in plenty of water. butter, cream, ice cream) vegetables of nine types prepared in rich
Soak the green moong beans for about j If a recipe needs some white gravy, dry fruits and cottage cheese.
two hours. Boil the three beans separately oil/butter/ghee, use olive or canola
in salted water till they become soft. Drain oil. Use it in small quantities. Make it ingredients
and let them cool. Strain the French beans a habit of brushing or spraying the 3 cups boiled vegetables (9 varieties —
and cut into one-fourth inch pieces. Boil in oil in the pan instead of pouring. potatoes, carrots, green peas, French beans,
salted water till done. j Use non-stick utensils for cooking. cauliflower, capsicum, cabbage, bottle
Drain immediately and refresh with cold j First, heat the utensil, as a heated gourd, cluster beans)
water and keep aside. Cut the onion into pan spreads the oil better. 150 gms Paneer (grated)
one-fourth inch size pieces. Add to it j Stop frying and start baking, barbe- 1 cup Tomato puree
chopped green coriander, mint and green cueing or grilling, wherever possible. 2 Onions (grated)
chilies for the dressing. j Don’t be carried away by the tags 1tsp Ginger paste
Dilute lemon juice with an equal amount ‘No Cholesterol’ on a product’s label. 1tsp Garlic paste
of water and stir it with the dressing. Sprin- Most vegetable products are Salt to taste
kle chaat masala evenly over it and refriger- cholesterol free. It is the fat content 1tsp Turmeric powder
ate the dressing for at least an hour. of the item that matters. 1tsp Red chilli powder
Mix all the cooked beans and add the j Avoid conventional fast foods. Sal- 1tsp Coriander powder
dressing. Toss the salad to evenly mix the ads, sandwiches, fresh fruits are the 2 tsp Garam Masala powder
dressing before serving. best fast foods. 2 tbsp Cream
j Eat only when you feel hungry and 6 tbsp Cooking oil
inDian vegeTaBle sTeW avoid eating while watching TV. 1/4 cup Dry Fruits (cashew nuts, raisins)
Sweet sautéed onions and a rich mixture of
spices create a thick, aromatic base for this Method
extraordinary vegetarian stew. Heat oil in a pan. Fry onions and ginger-
garlic paste till golden brown. Add salt,
ingredients turmeric powder, red chilli powder,
1 tbsp Olive oil coriander powder, garam masala and cook
3 Onions (large, coarsely chopped) for 2-3 minutes. Add tomato puree and dry
4 Garlic cloves (minced) fruits. Stir well and cook the mixture for 4
1 tsp Cumin seeds minutes. Ensure that the mixture doesn’t
1 tsp Cumin powder stick to the bottom of the pan. Add water
1 tsp Coriander powder and bring it to boil. Reduce the heat and
1/2 tsp Cinnamon powder cook until the gravy becomes thick. Add
1/4 tsp Cardamom paneer to the gravy and stir well. Finally,
1/8 tsp Pepper add all the vegetables to the above gravy
250 gms Potatoes (quartered) and cook for 5-7 minutes. Serve hot.
1 1/2 cups water Rich in protein, Navratan Korma is a sump-
1/2 tsp Salt tuous delicacy and has a high nutritional
100 gms Chickpeas content and is advised for pregnant ladies.

July 2010  Pravasi Bharatiya 33


Travel

A cynical, urban woman traveller explores the sweet and simple courtship
rituals of the Tarnetar Fair in Gujarat, where modern-day swayamvars still take place...
amidst a riot of colour and fanfare... Nandini S. Sen finds out

TarneTar ka
s
ifting through the Sunday matrimonials, something that dara in the 19th century, became the focal point of the fair. The
my parents had begged me to consider, I wondered: “Is kund (small pond) in the temple is considered holy and locals
this new-age swayamvar?” After all, the advertisements have great faith in its powers. During the festival, a host of reli-
‘showcase’ a host of eligible bachelors. I guess I was luck- gious rituals are performed at the temple. To add music to the
ier. I had a choice, whereas the queen of swayamvars, Draupadi, rituals, every year, hundreds of roving ‘sadhus’ turn up to chant
had none. The man who passed the near impossible test her father mantras and sing bhajans.
had set him claimed her for marriage. This vibrant wedding festival, traditionally begins with a flag-
Later that evening, I sat discussing the farce of swayamvar, hoisting ceremony. The flag can be unfurled only by the Mahant
carried out in a recent TV reality show. I was in for a pleasant of Paliyad, which is another village in the area.
surprise. My friend Tanushree, who is a bit of
a globe trotter, informed me that not only were
swayamvars still practised in India, they were The Tarnetar Fair is a curious amalgamation of
also celebrated by millions, who witnessed folk music, folk art and colour. The colourful
these weddings. “The Tarnetar Fair,” she costumes, glittering and jingling ornaments, and
exclaimed. “Haven’t you ever heard of this free-spirited folk dances, combine to create a scene,
mass swayamvar fair in Gujarat?” straight out of a Bollywood film set
This extraordinary fair takes place every year
on the 4th, 5th and 6th of the Shukla Paksha
(August-September) in Tarnetar, a village in Saurashtra. The fair The Tarnetar Fair is a curious amalgamation of folk music, folk
traces its origins to the story of Draupadi’s swayamvar, where the art and colour. It highlights the true flavour of Gujarat, with dances
top Pandava archer, Arjun, pierced the eye of the moving fish by like Rasada, a Gujarati folk dance, performed by innumerable
observing its reflection in a bowl of water kept beneath the target. women who dance gracefully in a circle, accompanied by drums
However, the fair is believed to have formally commenced only and jodja pava (double flutes). Other dances include the flirtatious
200-250 years ago. It is held on the grounds of an ancient tem- Ras Garba and a sheep dance called ‘Hudo’. The colourful costumes,
ple of Triniteshwar Mahadev, the three-eyed god. With the old glittering and jingling ornaments, and free-spirited folk dances,
temple in ruins, the new temple, built by the Gaewads of Vado- combine to create a scene, straight out of a Bollywood film set.

34 Pravasi Bharatiya  July 2010


a swayamvar
Travel

Clockwise from top: Single


men at the fair, try to attract
women with their umbrellas
and dancing; the Triniteshwar
Mahadev Temple; a
panoramic view of the Tarne-
tar Fair; folk dancers perform
the Hudo dance; and young
women in red zimi, seek bless-
ings of the holy kund.
The most interesting tradition of this fair, is the beautiful umbrellas,
carried by the single men, to declare their bachelorhood and availability. The design of
each umbrella is unique. The embroidery starts from the edges and the embellishments
rise all the way to the top. small handkerchiefs are attached on the edges
to make the umbrella even more attractive

The women are bedecked in elaborate costumes. During the


dances, their marital status is clearly indicated in the colour of the
ghagra or zimi. A black zimi means the woman is married and un-
available, while a red zimi signals her ‘single and ready to mingle’
status! In turn, even the potential husbands are elegantly dressed
in elaborate and colourful dhotis, matched with intricately embroi-
dered waistcoats and turbans. However, the most interesting tra-
dition of the fair is the huge, beautiful umbrellas, carried by the
single men, to declare their bachelorhood and availability.
The design of each umbrella is unique. The embroidery starts
from the edges and the embellishments rise all the way to the top.
Small handkerchiefs are attached on the edges to make the um-
brella even more attractive. The men spend a year designing and
decorating these symbols of bachelorhood. Their intention is to
attract girls with their art, costume and head gear, and impress
them. If a girl stops and talks to a man, the alliance is made. The
alliances struck at the fair are finalised after the festival.
For an urban visitor, these simple but sweet courtship rituals
can melt away years of cynicism forged at the smithy of random
break-ups, affairs and divorces, all of which have become part and
parcel of city life. The fair is also a shoppers’ paradise. From cattle
and crop trading, to handicrafts, traditional ornaments and gypsy
costumes, Tarnetar holds you spellbound.
Just like the London Eye, the giant wheels in the middle of the
fairground take you to dizzy heights, offering fantastic panoramic
views. Long after I came back to Delhi, the giant wheel, beautiful
umbrellas, colourful costumes and energetic dances, all played on
my mind. With memories of beautiful young women choosing
their grooms, lilting bhajans, and hordes of shopping bags, I came
back to the drab reality of my urban lifestyle, vowing to inculcate
more colour in my life and help matrimonial advertisers find their
life-partners.

July 2010  Pravasi Bharatiya 37


sport

leander
38 Pravasi Bharatiya  July 2010
Leander Paes works his magic with
Grand Slam No. 12... 1. Leander Paes
with Martina

T
Navratilova (2003
Wimbledon),
he rest is history” is what Indian tennis star Leander Paes said 2. Mahesh Bhupati
(1999 French Open)
after winning his 12th Grand Slam title at the Wimbledon Mixed and 3. Cara Black
Doubles with Cara Black this July. “It is all for supporters that I (2010 Wimbledon)
keep going. I love entertaining people. It’s my job to work hard,”
Paes said. Of his partner Black, he said soon after: “Cara is definitely my 1
favourite partner, she is one of the nicest human beings.”
There was sweet irony though. On the other side of the net was a former
partner Lisa Raymond (U.S.) who had paired up with Wesley Moodie
(South Africa). Paes and Raymond had together lifted the 1999 Wimbledon
Mixed Double title. While Paes has lifted the trophy twice, with Martina
Navratilova in 2003 and Raymond in 1999, Black had won it once with her
brother Wayne in 2004.
Mixed doubles titles at Wimbledon with three different partners, in three
different decades, is an interesting facet of Paes’s long career. “The 37-
year-old from Kolkata has already gained a formidable reputation in dou- 2
bles play, drawing praise from contemporaries, compatriots and
competitors, not to mention partners in success which include the legendary
Navratilova,” a reporter wrote.
Paes and Black earned £92,000 between them, while the runners-up took
away £46,000. With this victory, Paes surpassed his one-time doubles part-
ner and compatriot Mahesh Bhupathi in winning the most Grand Slam titles
for India. Paes now has six doubles and six mixed-doubles titles, one more
than Bhupathi, who has won four doubles and seven mixed doubles titles.
It looks like age has still not caught up with Paes, who showed sharp re- 3
flexes at the net and came with some stunning returns to surprise Moodie
and Raymond. Black, who initially struggled with her serve, was swift with
her backhand returns and the two combined well for a convincing win.
Paes, son of Dr. Vece Paes, who was a midfielder in the bronze medal
winning Indian field hockey team at the 1972 Munich Olympics, is also
famous for his several memorable Davis Cup performances. He had won a
bronze medal in the 1996 Atlanta Olympic Games. Paes was conferred
India’s highest sporting honour, the Rajiv Gandhi Khel Ratna Award, in
1996-1997, the Arjuna Award in 1990, and the Padma Shree in 2001 for

r’s dozen
his outstanding contributions to tennis in India.

the record book

Men's doubles titles Mixed doubles titles


1999 French open with Mahesh bhupathi 1999 Wimbledon with lisa raymond
1999 Wimbledon with Mahesh bhupathi 2003 australian open with Martina navratilova
2001 French open with Mahesh bhupathi 2003 Wimbledon with Martina navratilova
2006 us open with Martin damm 2008 us open with cara black
2009 French open with lukas dlouhy 2010 australian open with cara black
2009 us open with lukas dlouhy 2010 Wimbledon with cara black

July 2010  Pravasi Bharatiya 39


cinema

3 idiots (2009)

Romancing
the RainFor some it spells
romance and some
enjoy long drives on a
rainy day...
Ruchika Kher finds out
why Bollywood is
enamored by the
Mumbai monsoon

40 Pravasi Bharatiya  July 2010


Tum Mile (2009) De Dana Dan (2009) Kuch Kuch Hota Hai (1998)

t
wirling in a shimmering chiffon sari, droplets of manoj Bajpai: The rains, the greenery they bring along with
water dripping from hair, sliding down the wet them and the spray of showers on my face are the best part
skin.... It’s the classical picturisation of a typical Bol- of the monsoon.
lywood rain song. So you have hero and heroine onir: The clean smell of rain-washed air and the washed trees
swaying sensuously under a burst of rainfall or a waterfall... is my favourite sight during monsoon. They look relieved from
From the early 1950s, when Raj Kapoor and Nargis sang the burden of smoke and dust and seem like they are smiling.
the epoch-defining Pyar Hua Iqrar Hua under an umbrella, Bhagyashree: The best thing about the monsoon is the sound
Bollywood has embraced the monsoon like a long-lost sib- of rain, the smell of the earth and my father’s sweet corn
ling. The rain has become leitmotif, character and theme in soup that he makes when it’s raining.
Hindi cinema. Purab Kohli: Mumbai is a hot city and the temperature soars
Rain has been, thus, central to popular cinematic imagina- and becomes unbearable in summer. The rain not only cools
tion and is intimately linked to Mumbai, the city of dreams the place down, but also gives the city a good wash. I love that.
and home to Bollywood. mika: My very first song Sawan Mein Lag Gayi Aag was about
The city romances the monsoon best on its iconic Marine the monsoon. Rain in smaller cities and villages means
Drive where young and old, commoner and celebrity alike good agriculture, prosperity, happiness and that’s what the
celebrate the first drops of rain to sensuous abandon. Rain, monsoon has always meant to me. It’s a time to rejoice.
Maximum City and Bollywood all merge inseparably. chunky Pandey: Monsoon means cutting chai (tea), hot
How does Bollywood celebrate one of its key characters? bhajiyas (fried snacks) and getting wet on the terrace with
Let’s find out... my kids. The world becomes perfect.
Vir Das: It’s my favourite season. Mumbai gets a different look
Deepika Padukone: The monsoon makes the city lush, bright in this season. There are many old buildings across the city,
and romantic. I love that about this season. which seems to have taken a bath in the rain. I stay in Bandra
anushka Sharma: I’ve started liking the monsoon ever since and it’s beautiful during this season. The sight across the sea
I moved to Mumbai. It’s only here that I have realised what a and the greenery are awesome. I just love to go out for a long
big part it plays in the lives of Mumbaikars and how they drive while it’s raining. I have bought an Avenger bike especially
look forward to the monsoon. Coming from Bangalore as I for that. They are the most refreshing moments I enjoy.
do, the weather there is pretty pleasant right through the Vidya malwade: Monsoon is beautiful anywhere across the
year, but here the rains are a welcome relief after summer. I world. I am totally in love with this season. Sometimes,
like going on long drives during the rains. Rains have a calm- the slow traffic, mud and puddles dampen the mood but oth-
ing effect on the city and that’s what I love. erwise a heavy shower is a treat after the summer. I prefer
anjana Sukhani: The sheer joy that comes with the very first to stay home, sit by the window when it’s pouring and read
drops of monsoon is fantastic. It fills me up with anticipation. a book over steaming a cup of coffee or spending
The weather becomes cool and everything looks romantic. time with my husband.

July 2010  Pravasi Bharatiya 41


bookS

Pictures
say it all
A coffee table, published by the Russian Embassy in New Delhi, and showcasing
120 decades-old pictures pays tribute to India’s historic ties with Russia

T
1 he 120 photographs compiled in a coffee table book
may not be an encyclopaedia of India-Russia ties but
are enough to take a viewer to some major landmarks
of the long road the two countries have traversed in
their time-tested relations. The book, put together by the Russ-
ian Embassy, was released recently by former Foreign Secre-
tary of India Krishnan Raghunath. The book aptly titled: Russia
and India From the Past into the Future: Continuity and Inno-
1. India’s first Prime
Minister Pt. Jawaharlal
vation has photographs dating back from the 1940s to Russ-
Nehru, his daughter and ian Prime Minister Vladimir Putin’s India trip in March this
later Prime Minister Indira
year. Russia’s ambassador to India, Alexander M. Kadakin, was
2 Gandhi, Russian artist
and philosopher Nicholas also present at the official release of the book.
Roerich, M. Yunus at India’s first Prime Minister Jawaharlal Nehru with Russian
Roerich’s estate in Kullu
in 1942. artist and philosopher Nicholas Roerich in the Kullu Valley of
Himachal Pradesh — a historic photograph of 1942 — is per-
2. Indira Gandhi on an
official visit to the
haps a testimony to the deep ties the two countries have
erstwhile Soviet Union, forged in the annals of history. From culture, cinema, military,
during the naming
economy, energy, space, science and technology to nuclear en-
ceremony of one of the
Moscow squares after ergy ties, the book gives a panoramic insight into all aspects
3 Jawaharlal Nehru. of cooperation between the two countries since 1955 when
3. Pt. Nehru during his Nehru visited the erstwhile Soviet Union.
visit to the erstwhile Nehru, in his trademark white jacket, is seen with his daugh-
Soviet Union in 1955
ter Indira Gandhi in a June 1955 photograph during their trip
4. Then President of to the Soviet Union. The trip was returned by Soviet leader
the Russian Federation
Nikita Khrushchev in the fall of that year and is captured in a
Vladimir Putin at the
inaugural of the In black and white photograph shot on the lawns of Rashtrapati
do-Russian Joint Venture Bhavan with Nehru and India’s first President Rajendra Prasad.
Project Brahmos in
New Delhi on “These rare glimpses illustrate the unique experience of
December 4, 2004. Russian-Indian amity, which is our commonly cherished and
4 priceless legacy to be handed over to coming generation,”
Kadakin said.
It is a testimony to “what has been already achieved and will
help visualise more graphically the vistas of strengthening the
strategic cooperation, set new ambitions goals and facilitate
the steady progress towards new luring horizon and breath
taking heights”, Kadakin noted about the book that opens with
two women dancers from India and Russia embracing each
other in a 1987 picture.

42 Pravasi Bharatiya  July 2010


Sarasvati
saga
Indophile Michel Danino scripts a fascinating tale about Sarasvati, the
‘Lost River of the Indian Desert’, and brings back the mythical river to
life, says Madhusree Chatterjee

D
id the mythical Sarasvati river actually exist? Eminent drew attention to the river in a paper “The Sarasvati and the Lost
French non-fiction writer and Indophile Michel River of the Indian Desert”. Danino falls back on this text to bring
Danino suggests that oral tradition, literary testimony the mythical Sarasvati to life. Oldham said the Vedic hymns
and now a mass of evidence could all be made to con- placed the river somewhere “between the Yamuna and the Sutlej”.
verge to establish that it did. Danino, a religious scholar who “It is difficult to say how Sarasvati came to be deified. The river
has lived in India for more than three decades, finds “startling was worshipped as a goddess as early as in the Rig Veda, but the
matches between literary accounts and ground situations” in Indus, which is equally important as a river, never enters the pan-
his new book The Lost River: On the trail of the Sarasvati. theon. I assume that many of the ‘rishis’ (seers) who composed
“There was indeed a local oral tradition recalling the loss of the Vedic hymns lived on the Sarasvati’s banks — in fact, the Ma-
the river. But there was also much literary testimony to that ef- habharata states as much,” Danino said.
fect, and now a mass of evidence in the form of topographic Why was the story of Sarasvati of such profound interest to
and geological studies, archaeological findings and satellite im- foreign audiences unlike other Indian river lores? For the
agery. Could it all be made to converge?” wondered Danino. writer, the Sarasvati is “a whole symbol of Indian civilisation”.
The earliest evidence of the existence of a vanishing river in “But beyond this, anyone trying to pierce the riddle of human
official annals, said Danino, could be found in the folios of Lieu- existence needs to go back to some of our myths of origin, myths
tenant Colonel James Tod in early 19th century. Tod refers “to that define what we are and what we should aspire to. Gil-
the tradition of the absorption of the seasonal Caggar (Ghag- gamesh’s quest for immortality, Prometheus’ stealing of the heav-
gar) river as one of the causes of the comparative depopulation enly fire, Osiris’ death and resurrection, Sarasvati’s disappearance
of the northern desert”. The “Sarsuti (Sarasvati)” or the sacred and rebirth are powerful stories that can still inspire us and give
river of Punjab since “early Brahminical times” is known to have meaning to our increasingly drifting lives,” the writer said.
merged with the Ghaggar somewhere in the Haryana region after Danino was drawn to India at the age of 15 and is an authority
passing through Kurukshetra, says Danino in his book. on Sri Aurobindo’s philosophy of divine consciousness and Aryan
A British surgeon, C.F. Oldham, known for his varied interests, culture with several books and treatises to his credit.

July 2010  Pravasi Bharatiya 43


books

of migrants and myths


Madhusree Chatterjee reads Indian origin author Vamsee Juluri’s ‘The Mythologist’ —
a novel on the relevance and connection of mythological tales in real life

i
n his new novel, The Mythologist, San Francisco-based In-
dian-origin author Vamsee Juluri has captured the inner
chaos of a young migrant in the U.S. who has grown up in
the movie studios of Chennai with dreams of grandeur.
“I feel, that of late, literary fiction has become more concerned
with social and political relations than with the inner turmoil of
characters. So while (the protagonist) Parashuram’s social back-
ground is somewhat unusual, it is his inner life of myths and fears
that bring this background to life for me,” 41-year-old Juluri, who
teaches media studies at the University of San Francisco, said.
The story of The Mythologist revolves around Parashuram,
who after a mediocre tenure in a boarding school, returns to his
grandfather’s world of shared tinsel dreams in Chennai.
But as life begins to edge towards despair, a woman called ‘AK’
breezes into his life. A glib wheeler-dealer, she leads Parashuram
out of drudgery to the United States. Then 9/11 happens and Book: The Mythologist
Author: Vamsee K. Juluri; Publisher: Penguin India; Price: Rs. 299
Parashuram is stranded in San Francisco — like thousands of In-
dians. A divine coincidence stops him from jumping off the
Golden Gate bridge. And he finds that at the hour of crisis, the by his fans every morning outside his mansion in Banjara Hills”
only lifeline to connect to his roots is his pantheon of mytholog- and setting the world right in the manner of a true southern
ical tales — the stories of the gods and goddesses he had heard demigod. His desire to be a movie star is propelled by the cult
in childhood in the mega movies of southern India. standing of a “big grandfather — the biggest myth-maker and
“I saw Parashuram’s predicament basically as a psychological movie-maker” modelled on M.G. Ramachandran or MGR, the late
one as much as a social one,” Juluri added. Tamil matinee idol-turned politician. Juluri said the overall story
Hyderabad-born Juluri, an international voice on contempo- of his novel played on the “mythological legend of Medusa”.
rary Indian sociology, media and geopolitics, has authored two The author is currently working on another novel called In the
books, Becoming A Global Audience: Longing and Belonging in Last Days of Banjara Hills, — the story of a college dropout told
Indian Music Television and The Ideals of Indian Cinema. against the background of the great rock formations of Hyderabad
In the book, Parashuram dreams of being “hero-worshipped — and the subsequent real estate boom that destroyed them.

3
1 4
5
2
FicTion

The Immortals And Thereby The Girl Who Kicked Theodore Boone The Short Second Life
Top 10 be
of Meluha Hangs a Tale The Hornet’s Nest Author: John Grisham of Bree Tanner
Author: Amish Author: Jeffrey Archer Author: Stieg Larsson Publisher: Hachette Author: Stephenie Meyer
Publisher: Tara Press Publisher: Pan Books Publisher: Quercus India Publisher: Atom Books
Price: Rs. 295 Price: Rs. 253 Price: Rs.350 Price: Rs.199 Price: Rs. 595

44 Pravasi Bharatiya  July 2010


new releases
The bourne objective
By Eric Van Lustbader

The high-action Jason Bourne thriller opens in the


congested tech city of Bangalore with
on-the-edge, supersonic action and swings across
continents cutting a swathe through Asia and
Africa. Russian Leonid Akradin, a CIA trained assas-
Book: Shree Ramayana Mahanveshanam; Author: M. Veerappa Moily;
sin on the other side of the fence, is caught in a Publisher: Rupa & Co; Price: Rs.1500

shootout and he just about manages to save his life. Facing


mercenaries in Africa, Jason Bourne witnesses the death of an
art dealer Tracy Atherton. Her murder dredges up another
long-forgotten death in Bourne’s impaired memory... re-reading rama
nobody Does the right Thing

U
By Amitava Kumar nion Law and Justice Minister M. Veerappa Moily, also a
Kannada scholar-poet-playwright, has woven burning con-
A young poet is killed by her lover, a politician in temporary realities into his modern re-telling of the 2,000-
Bihar. Soon afterwards, in Bombay, a journalist is year-old Indian epic — Ramayana. In his Shree Ramayana
hired by a movie director to write a Bollywood Mahanveshanam, Sita is anguished when she finds an “alcoholic
screenplay about the murdered poet. Research for husband harassing his wife”; King Rama vows to “work tirelessly
the script takes writer Binod back to Bihar, where he for the poor moved by their exploitation at the hands of oppres-
and his cousin Rabinder were raised. While Binod sors”; and Sugriva “incorporates total literacy in the development
struggles to turn the poet’s murder into a steamy tale, Rabinder, plan of his kingdom”. Lakshmana is the real hero of Moily’s epic
booked for circulating pornography, sits in a Bihar jail cell, for helping older brother Rama fight evil and standing by him for
dreaming of a career in Bollywood film-making. 14 years. The younger sibling pines for wife Urmila and Moily “de-
scribes the deep love between the estranged couple in his book”.
Tiger Hills The English translation of his book, published by Rupa & Co,
By Sarita Mandanna was released by Chief Justice of India S.H. Kapadia in New Delhi
on June 30 at a star-studded ceremony graced by politicians and
Coorg 1878. Devi is born on the day of herons; and Supreme Court judges. The function was presided over by Jnanpith
Muthavva knows that her daughter will be special. winner Satya Vrat Shastri. The book, published in two volumes, has
Beautiful and spirited, the little girl quickly been translated by a team of five translators led by B. A. Viveka
becomes the object of adoration of her entire Rai. It has 47,000 lines and the volume runs into 1,700 pages.
family. She befriends Devanna, a young boy whose Hailed as a landmark in modern Kannada literature, the book
mother has died under tragic circumstances. Soon has earned Moily the prestigious Moortidevi Award. The book
they become inseparable. But the course of their lives changes explores the principles of “Ramatattva” or the true principles of
forever when Devi meets Machu, the tiger killer, a hunter of Rama from a secular and modern perspective. Moily says he has
great repute. Devi vows that she will marry Machu some day. introduced several new characters in the epic and at the same
This is a dramatic story of a three-way love. time has “tried to retain the essence of Valmiki’s Ramayana”.
— Madhusree Chatterjee

3
1 4
5
2
non-FicTion

sTsellers Before Memory Gandhi: The Big My Life With The Tryst Betrayed
Fades Naked Ambition Short The Taliban Author: Jagat S. Mehta
Author: Fali S. Nariman Author: Jad Adams Author: Michael Lewis Author: Abdul Salam Zaeef Publisher: Penguin
Publisher: Hay House Publisher: Quercus Publisher: Allen Lane Publisher: Hachette India Viking
Price: Rs. 599 Price: Rs. 699 Price: Rs. 599 Price: Rs. 495 Price: Rs. 550

July 2010  Pravasi Bharatiya 45


dIASporA / newSmAKerS

A 6-year-old
terrorist!
Santhosh
Thomas, an
Indian-
American
doctor, is at a
loss to understand how his
6-year-old daughter Alyssa
turned up on the U.S. gov-
ernment’s terror watch list
or how to get her off it.
The worst thing Alyssa has
ever done is probably
threaten her sister and
that the doctor from West-
lake, Ohio, says he’s sure is
not enough to land her on
the no-fly list of suspected

Funny man Aziz in Forbes list terrorists. An airline ticket


agent informed the family
of their predicament

r
ecently named in the Forbes’ “The Next Big Thing” among 17 stars to watch, Aziz Ansari is when they set out on a
an Indian American actor and comedian. The 27-year old starred in the Judd Apatow film trip from Cleveland to
Funny People with Adam Sandler and Seth Rogen as a stand-up comedian named Minneapolis. “They said,
‘Raaaaaaaandy’. The gig earned him a three-picture deal with Apatow and GE’s Universal Pictures Well, she’s on the list. We
and the film grossed $70 million at the global box office last year. were like, okay, what’s the
With his partner Jason Woliner, Ansari is working on a movie about Raaaaaaaandy as well as story? What do we have to
a road trip film about two motivational speakers, Forbes reported. In addition to his film develop- do to? This isn’t exactly the
ment work, Ansari co-stars on the NBC comedy Parks and Recreation where he plays wannabe list we want to be on,” he
ladies man Tom Haverford. He recently hosted the MTV Movie Awards, holding his own with said. The Thomases were
performers like Tom Cruise and Sandra Bullock. allowed to fly that day,
Ansari is a big proponent of the web. He has 260,000 followers on Twitter and he uses his but officials told them to
website, Aziz is Bored, to show videos he’s made, promote his concert tours and link to his contact the Department
favourite music videos. Ansari looks at social media as “an interesting way to kind of connect with of Homeland Security to
your audience”. “It’s weird because now, if you like a celebrity you can know so much about them
clear the matter.
through social media, like what TV shows and music they like, things like that,” he told Forbes.

IndIAn STudenTS ABroAd


In the 2007-2008 academic year, 15 percent of all foreign students admitted in the united States
were from India | In the united Kingdom, in 2007, Indians made up 6.4 percent of the country’s 374,000
foreign student enrolments, up from 4 percent in 2003 |
Courtesy: Migration Information Source

Top honour for Sudha Bhuchar


Well-known actor-playwright Sudha Bhuchar and artistic director Kristine Landon-Smith, joint founders of
London-based Tamasha Theatre Company, have won this year’s prestigious First Women Awards in the en-
tertainment category. Now in their sixth year, the First Women Awards recognise women at the top of their
professions, leading the way for the next generation. They are held in association with Lloyds Banking Group
and are supported by the CBI and the Real Business. Tamasha was formed in 1989 by Bhuchar and Landon-
Smith with a mission to bring contemporary work of Asian influence to the British stage. They are also the
winners of the Asian Women of Achievement Award for Arts and Culture in 2005. The women awards cita-
tion said the pair aims to create a space where British Asian talent takes centre stage, through original writing
and productions that provoke debate, ideas, passion and laughter.

— PB Desk
46 Pravasi Bharatiya  May 2010
Making investment in India easier for overseas Indians.

For details contact:


Shefali Chaturvedi
Chief Executive Officer, OIFC
& Director, CII
249-F, Sector 18, Udyog Vihar, Phase IV
Gurgaon — 122 015, Haryana, INDIA
Tel: +91-124-4014060-67 / 4014071
Fax: +91-124-4014070
Website: www.oifc.in

lR;eso t;rs Confederation of


Ministry of Overseas Indian Industry
Indian Affairs
Magnetic Pull
Imagine you didn’t have to turn on the engine of your vehicle to move up a hill. Sounds unbelievable! Well, in Ladakh, a hill has been
performing this magic for years. The Magnetic Hill, close to Leh, is another wonder in India. It is known for its magnetic properties that pull
a vehicle up at a constant speed of 20 km per hour. Some say, it’s an optical illusion, but the visitors who have witnessed this phenomenon,
call it magical and paranormal. To reach the Magnetic Hill, take the Leh-Kargil-Baltic National Highway. The hill lies at a distance of 30 km
from the town of Leh, at an elevation of around 14,000 feet above sea level. To the eastern side of the hill flows the Sindhu River,
originating in Tibet. The local administration has also put up a billboard to help tourists recognise the Magnetic Hill. The board clearly states
the whole phenomenon. So you can also enjoy a first-hand experience as you reach the Hill. Stop your vehicle on a specific spot on the road with
its engines off and you will soon notice the vehicle on upward traction. You will have the same results over and again as you redo the exercise.

lR;eso t;rs

Ministry of Overseas Indian Affairs


www.moia.gov.in
www.overseasindian.in

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