India Cables





the Inequality in India
- BBC:
LINK ¤ B B C

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  • "inequality in earnings had doubled in India - over the past two decades !!!!!!"

 

 

 

 

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  • "the OECD-report says !!!"

 

 

 

 

 

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  • "the top 10% of wage-earners made 12 times more - than the bottom 10% !!!!!!"

 

 

 

 

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  • "compared to six times - 20 years ago !!!!"

 

 

 

 

 

 

 

 

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Zero-Rupee Notes - the Guardian: LINK ¤ the GUARDIAN

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  • "astonishingly, but for good reason - there are now millions of zero-rupee notes in circulation in India !!!"

 

 

 

 

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  • "the zero-rupee notes circulating - shame bribe-taking bureaucrats !!!!"

 

 


 

 

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  • "when an official demands a bribe - a citizen can present the zero-rupee note as payment !!!!"

 

 

 

 

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  • "the note carries the warning:  "I promise neither to accept - nor give a bribe"  !!"

 

 

 


 

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  • "according to some estimates - the opportunity costs of corruption are US$ 50bn in India - every year !!!!!!"

 

 

 

 

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  • "rising inequality has increased frustration !!!!"

 

 

 

 

 

 

 

 

 

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7 Ways to tackle Inequality in India - the Guardian: LINK ¤ the GUARDIAN

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  • "a poll found that 82% of Indians - saw inequality as a problem !!!!!!"

 

 

 

 

 

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  • "to reduce inequalities:  !!!"

 

 

 

 

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  • "introduce land reforms - and raise taxation for the wealthy !!!!!!"

 

 

 

 

 

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  • "to reduce asset inequality - through redistributive land reforms - but also through inheritance taxes !!!"

 

 

 

 

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  • "preventing monopoly of control over water - forests - and mineral resources !!!!"

 

 

 

 

 

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  • "and reduce financial concentration !!!!"

 

 

 

 

 

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  • "the equality of opportunity needs to be increased - through good quality !!!"

 

 

 

 

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  • "and universal public provision - of essential amenities and social services !!!!"

 

 

 

 

 

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  • "we can raise the public resources for doing all this - by taxing the wealthy more !!!!"

 

 

 

 

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  • "and by increasing the effective taxation of corporations !!!!"

 

 

 

 

 

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  • "give a voice - to oppressed groups !!!!!!"

 

 

 

 

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  • "first we can tackle bias against caste - by recognising the value of all work and all workers !"

 

 

 

 

 

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  • "and then to provide a greater voice - to traditionally oppressed and suppressed groups !!!!!!"

 

 

 

 

 

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  • "including by enabling unions - and association !!!!"

 

 

 

 

 

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  • "and making public and corporate private activity - more transparent and accountable to the people generally !!!!!!"

 

 

 

 

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  • "eliminate caste discrimination !!!!!!"

 

 

 

 

 

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  • "and improve the balance - of mass media !!!!!!"

 

 

 

 

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  • "take measures to reduce corporate takeover - and manipulation of media !!!!!!"

 

 

 

 

 

 

 

 

 

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Biotech
- US cable - 2010:
LINK ¤ 10NEWDELHI275

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  • Minister of Environment and Forests Jairam Ramesh:  "the final decision regarding the commercial approval !!"

 

 

 

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  • "of genetically modified eggplant, GM - or Bt brinjal:  !!!!"

 

 

 

 

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  • "a moratorium is needed - on Bt brinjal !!!!!!!!!"

 

 

 

 

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  • "until the government regulatory system ensures safety - on the human side !!!!!!"

 

 

 

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  • "mainly through - long-term scientific studies !!!!"

 

 

 

 

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  • "all states which have written to us - express apprehension on Bt-brinjal !!!!"

 

 

 

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  • "and call for extreme caution !!!!!!"

 

 

 

 

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  • "specifically - the adequacy of the testing procedures !!!!"

 

 

 

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  • "for assessing human and environmental - safety !!!!!!"

 

 

 

 

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  • "along with the reliability - of the tests carried out !!!!"

 

 

 

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  • "by the developers of the Bt brinjal - themselves !!!!"

 

 

 

 

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  • "the science provided as being sourced - from the company Monsanto !!!!"

 

 

 

 

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  • "very serious fears have been raised - in many quarters !!!!"

 

 

 

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  • "on the possibility - of controlling the food chain !!!!!!"

 

 

 

 

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  • "most experts want more studies - on the long-term effects !!!!!!"

 

 

 

 

 

 

 

 

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Population - US cable - 2009:
LINK ¤ 09NEWDELHI694

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  • "India is predominantly rural !!!!"

 

 

 

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  • "with 71% of Indians - living in rural areas !!!!"

 

 

 

 


 

 

 

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Housing
- US cable - 2009:
LINK ¤ 09NEWDELHI493

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  • "in the Indian real estate sector - investors dove into the stock market - looking for high rates of return !"

 

 

 

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  • "and land prices climbed - to unheard of levels !!!"

 

 

 

 

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  • "several developers - were near bankruptcy !!!!!!"

 

 

 

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  • "as they had become financially dependent - on their stock market value !!!!!!"

 

 

 

 

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  • "or on the continued influx of new buyers - to support existing construction !!!!"

 

 

 

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  • "not unlike a Ponzi scheme !!!!!!"

 

 

 

 

 

 

 

 

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the Satyam Scandal - Wikipedia EN: LINK ¤ SATYAM

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  • "the Satyam Computer Services scandal - is a corporate scandal in India !!!"

 

 

 

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  • "where chairman Ramalinga Raju confessed - that the company's accounts had been falsified !!!!!!"

 

 

 

 

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  • "and that he had manipulated - the accounts by US$ 1.47 billion !!!!!!"

 

 

 

 

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  • "PricewaterhouseCoopers was the statutory auditor - of Satyam Computer Services !!!!"

 

 

 

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  • "the Indian arm of PwC - is fined US$ 6 million !!!!"

 

 

 

 

 

 

 


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Economic Package - US cable - 2009: LINK ¤ 09NEWDELHI576

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  • "India announced a fiscal stimulus package !!"

 

 

 

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  • "of 4 billion USD !!!"

 

 

 

 

 

 

 

 

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Media: Financial Crisis - US cable - 2008: LINK ¤ 08NEWDELHI2709

 

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Lessons for Wall Street from Micro-Finance - Navbharat Times:

 

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  • "major financial corporations all over the world - are in deep crisis !!!"

 

 

 

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  • "but only one category is safe - that is micro-finance !!!!!!"

 

 

 

 

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  • "micro-financial institutions are still progressing - and even expanding !!!!!!"

 

 

 

 

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  • "even as big finance defaults - micro-financial institutions do not default !!!!"

 

 

 

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  • "micro-financial institutions lend to poor women - to start small businesses !!!!!!!!!!!!"

 

 

 

 

 

 

 

 

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Goldstone Report - US cable - 2009: LINK ¤ 09NEWDELHI2227

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  • "US embassy met India's Ministry of External Affairs Secretaries for the UN  !"

 

 

 

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  • "and emphasized the significance - the USA would place on India's support !!"

 

 

 

 

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  • "for opposing the resolution based - on the Goldstone report ! - ( Gaza )"

 

 

 

 

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  • "but Under Secretary Abhishek Verma tells !!!"

 

 

 

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  • "that India will retain the same position - as it held in Geneva !!!"

 

 

 

 

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  • "India will vote in favor of the resolution - proposed by the Arab Group !!!!!!"

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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MAHATMA GANDHI - Wikipedia EN: LINK ¤ MAHATMA GANDHI

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  • "Mohandas Karamchand Gandhi - from 1869 to 1948 - led India to independence !"

 

 

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  • "Gandhi lived modestly in a self-sufficient residential community - and he ate simple vegetarian food !"

 

 

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  • "employing nonviolent civil disobedience !"

 

 

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  • "Gandhi inspires movements for civil rights and freedom - across the world !!!!!!"

 

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india cables - 14213IC
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