Samit Choudhury and Sanchita Paul
Driven by ubiquitous economic liberalisation and transnationalisation of the world economy, the growth of Foreign Direct Investment (FDI) in developed as well as developing countries is unstoppable. Particularly India enjoyed the fruits of foreign finance shortly after the withdrawal of restrictive FDI policies in the 1990s. Since then there has been an immense surge of FDI which served as an external source of finance by supplementing India’s domestic investment. FDI refers to investment in a foreign country where the investors retains control over the investment. It acts as a catalyst in fulfilling the gap between savings and investment. The introduction of FDI is a means for achieving higher levels of growth and development. FDI also brings in latest technology, skills and generates domestic competition and helps to sort out foreign exchange crisis.
Samit Choudhury and Sanchita Paul
Prime Minister Narendra Modi had a successful second visit to United States of America (USA). The major thrust of this visit was centered on his ‘Make in India’ and ‘Digital India’ dream as his meeting with numerous business moguls and CEOs of top technology firms in USA is a big diplomatic push in that direction. Meanwhile a purring Indian National Congress (INC) is seen crediting itself for this Digital India drive saying that it was the vision of former Prime Minister Rajiv Gandhi and all subsequent governments took forward that dream.
Dr Diganta Halder
Aam Aadmi Party’s S K Bagga, advocate and social worker had defeated the BJP’s well contemplated candidate Dr. Kiran Bedi in her first ever election by over 2,200 votes. At the time when Bedi lost, Arnab Goswami, senior journalist had gone full throttle to establish her as a spineless mortal with no moral fiber to face him and his ambiguous questions. Well, millions didn’t buy what Goswami considered was right and all that he uttered in national television. They still don’t! Dr. Kiran Bedi is no loser in life and certainly not someone who lacks nerves and flees from the arena. The national journalist of knowledge and caliber should have reckoned that Bedi was too significant a person at that stage with too little time in her hands to sit back, relax and keep woofing from inside TV studios. Yet she gave the media reporters ample space and time. All through her career, Dr. Bedi had been a person who never compromised with anybody. She had an honest past and succeeded in her professional sphere, especially in the days where senior police positions being held by women was almost unheard of. She again scored high in people’s assessments when she resigned from service being superseded by another officer for the post of Commissioner.
The Chairman, Japan India Tourism Promotion Committee, Tsutomu Sato recently said, “The northeastern states of India should cooperate with each other in terms of their tourism potentialities, culture and tradition, food habits and create a depot in Japan to invite inbound tourism. The geographical condition, cuisine and taste, good atmosphere here are similar to that of Japan. This will not only transform the economy of this region but also open it up to the larger Asia – which is one.” Sato said this while he was in Shillong recently during his second visit. His first visit was two years ago when he represented Japan on an invitation by the Meghalaya Government which called tour operators from all over the world.
He did not have money to continue his schooling. His well-off best friend went and told his father, who is a priest in a temple in the southernmost island of Rameswaram in Tamil Nadu, to help his friend because he is extremely talented and that should not go to waste. The priest realized his son’s urgency and helped the friend. After completing his schooling he went to Madras (now Chennai) to pursue further studies. He worked as a vendor dropping newspapers in people’s doorsteps as a way of earning a livelihood. To save time he would roll the dailies like rockets and throw them into the balconies of high rise buildings. From this technique of perfectly targeting dailies onto balconies, he got the inspiration to venture into the world of rocket science and technology. He is none other than the 11thpresident of India, Dr APJ Abdul Kalam who breathed his last in Shillong on Monday evening while doing what he loved most – teaching. He once said, “If a country is to be corruption free and become a nation of beautiful minds, I strongly feel there are three key societal members who can make a difference. They are the father, the mother and the teacher.”