EDITORIAL

GOVERNMENT SERVICE

By far the most preferred service is the Government Service. No wonder maximum applicants try their luck for the slots even though more promising and lucrative jobs are available in other sectors. Closer look at the preference despite lesser remuneration is quite revealing. There was a time when jobs were readily available. Even a matriculate got good fix-up. A fifth class pass girl could get a job in primary school. Then there was some upgradation and 8th pass could enter the Government service as teacher, policemen and other vacant slots. The JBTs (Junior Basic Teachers) used to be mostly middle pass. Then there was further accretion qualification-wise fix-up when Matriculation outbid other qualifications in..... more

Spiritual unity of mankind
By: Maulana Wahiduddin Khan

It is generally said that in present time, the world has already assumed the form of a global village. But this is only half the truth.......more

Nemesis for non-performance
is not far off

By: Joginder Singh, IPS (Retd.)

You have to admire the politi-cians, for their persistence, in peddling dreams, especially at the time of elections. Short of producing god Almighty to canvass....more

Saving our economy from
foreign assault

By : S V Vaidyanathan

A country has many defining moments in its history and India is now facing one such moment. Since the nuclear tests in May.. ......more

EDITORIAL

GOVERNMENT SERVICE

By far the most preferred service is the Government Service. No wonder maximum applicants try their luck for the slots even though more promising and lucrative jobs are available in other sectors. Closer look at the preference despite lesser remuneration is quite revealing. There was a time when jobs were readily available. Even a matriculate got good fix-up. A fifth class pass girl could get a job in primary school. Then there was some upgradation and 8th pass could enter the Government service as teacher, policemen and other vacant slots. The JBTs (Junior Basic Teachers) used to be mostly middle pass. Then there was further accretion qualification-wise fix-up when Matriculation outbid other qualifications in many slots. Matric pass could go for LMSF (Doctor) training and MBBS used to be far and few. The only college that turned out medical graduates was located in Lahore. Then it was the turn of F.A. and F.Sc (12th standard) followed by graduation. And then the post-graduate replaced others. No wonder one can see graduate cops and post graduates becoming teachers starting from the lowest grade. The last t eachers list released by Service Selection Board had some with doctorate qualification. Surprisingly even two B.Es (Bachelor of Engineering) were amongst the successful aspirants for the Government service. Likewise there is a race even for class IV jobs which too command a good premium because of the quota culture. Not that such lowly job as peon or daftari or helper command any respect. Not the least. Most of aspirants might be already fixed up in some or the other job but as soon Government jobs comes handy, they refuse all other options. It is the experience that a practising medical graduate would like to become Government doctor, a private school teacher a Government teacher, a private nurse as well as Government hospital nurse. There are many instances when handsome fixation is already there is lucrative slots but as soon Government job comes handy they just call it a day and lose no time in joining even at half the salary. Such is the temptation. So is the significance of being Government employees. One can as well include public sector undertakings which is the next preference while self employment the last one.

Now let us see why Government job remains so attractive despite lesser return when compared to the private job. This aspect is specific to J&K State for the time being but may be true of other States as well. There was an employee in the then lowly grade of 70-6-130. But he got a good matrimonial offer from the daughter of a well practising advocate, the girl herself being postgraduate and in employment. Those who arranged could convince the other side that 70 rupees is only token amount. It has the back up income of more than a 1000 bucks at the minimum. This there is the attraction number one. Second one pertains to private work before during and after working hours. Not necessarily private job but even a permanent shop. That is a common feature amongst them all with very few exceptions. Teachers going for mass tuitions, doctors for private practice, para-medicals for respective pursuits, clerks for financial companies and those helpers always in demand. The third attractive feature of Government service is short working hours which can be further exposed to short-cuts or total cuts. So much so that many of the Government employees went for terrorist training to other side of the border and yet continued drawing full salary without sign of any 'A' mark on the attendance register. Fourth is the better matrimonial prospects, the bridegrooms preferring Government employee to the business class. Fifth, long list of holidays which is indeed the luxury of the privileged Government employees. Sixth, the right to strike work for as long as three months on fully salary. Finally, the pension, Government service is most beautiful thing. It pleases the eye and edifies the mind!

Spiritual unity of mankind
By: Maulana Wahiduddin Khan

It is generally said that in present time, the world has already assumed the form of a global village. But this is only half the truth. Modern technology and communication have, of course, greatly reduced distance of the world. But the closeness thus produced is of a purely physical nature. Modern technology may have bridged certain gaps, bringing the world materially closer together, but the task of bringing unity into the spiritual world has yet to be accomplished.

What is spiritual unity? Let us take an illustrative example. When you live a crowded settlement, the walls all around give you a sense of limitation. You experience the friction of living in close contact and you suffer from mental tension. Later, when you emerge from that dense human settlement into open, natural surroundings, you immediately feel that your tension has evaporated and you have once again become serene and relaxed. You feel that you have joined a limitless universality. The feeling of separateness is replaced by an all-pervasive feeling of unity. You immediately become part of a world where there are no boundaries. A sense of universality prevails.

We have all had this experience at one time or the other. It shows us what spiritual unit is. It is, in fact, the raising of one's existence to a higher plane. The moment you achieve this, you feel you are emerging from a limited world to become a citizen of a universal world. Disunity now disappears, giving way to unity all around.

Although, physically, all human beins appear to be different, spiritually they are one. It is as if spiritual unity between human beings already exists; it does not have to be externally imposed. We have only to make people aware of its existence. Once the outer, artificial veils are removed, what remains will be pure spirituality.

In reality, the various sets of circumstances that confront man in this world lead to drawing of different veils over man's natural propensities. For instance, the veil of material greed produces self-centredness; the veil of jealousy causes him to see himself as being separate from others; the veil of prejudice causes him to discriminate between human beings, and so on.

These veils, in fact, tend to block man's natural urge towards spiritual unity. The need is to remove these artificial veils in order that the true, inner reality be brought into focus.

The aim of all religions, basically, is to encourage this spiritual unity within man and between man and man. No religion is at variance with another so far as this goal is concerned. The language in which this is set forth may vary from one religion to another, but, without doubt, the main concern of all religions is to produce spiritual unity within and between all human beings. Without spiritual unity, there is little hope of creating peace and harmony throughout the world. And where there is no peace and harmony, the dream of human progress will for ever remain elusive.

Now, what is Islam's contribution to spiritual unity? The subject is too vast for more than just a few basic points to be briefly touched.

The most important factor in Islam's contribution is its concept of monotheism - of there being only one God. According to Islam, the God, or the ultimate reality of this universe is only one - called Allah in Islam. It is implicit in the concept of oneness of Godhead that differences and multiplicity would appear to exist in reality, yet there is an underlying unity.

In this way the concept of divine unity engenders spiritual unity. All human beings are one, because they are the servants of one God. All human beings are one, God's family. God is indeed the greatest reality of the universe. And when it is acknowledged that there is only one greatest reality, it is but natural that all other creation should acquire the character of unity.

The Qur'an states that "There is no changing in God's creation." According to the Prophet of Islam 'every child is born with an upright nature.' We learn from this that unity is found among all human beings at the level of nature creation. Nature forms the common constituent in all the varied objects of nature in the physical world. That is to say that the same unity which exists in the external world at the physical level, has existed among human beings at the spiritual level from the outset.

But man tends at times to be oblivious of his own nature. This is no less true in the sphere of unity. Today people are unaware of their spiritual potential. In such a situation, the easiest way to bring about spiritual unity is only to make men aware of it, spiritual unity will come into existence of its own accord.

The Qur'an says, "O Men, have fear of your Lord, who created you from a single soul. From that soul He created its mate, and through them, He scattered the earth with countless men and women." (4:1)

This shows that men and women have been created from the same substance. Their being physically one, of necessity, demands their spiritual oneness.

Making a similar point, the Prophet Muhammad said that all human beings are brothers. This gives rise to the concept of a common brotherhood, and without doubt, it is this sense of brotherhood which generates the strongest feeling of oneness and togetherness among different people.

That is to say that when all human beings in this world are virtually blood brothers, they must, as this concept necessarily demands, live as brothers in spirit too. Any other way of living is a deviation from the reality.

I would like to refer here to an incident which illustrates this theory. In 1893, Swami Vivekananda went to Chicago to participate in the Parliament of Religions. The Encyclopaedia Britannica puts it as a 'sensational appearance'. On that occasion all the speakers in the conference followed the common practice of addressing the audience as "Ladies and gentleman." But when Swami Vivekananda took the stage, he addressed the gathering thus: "Sisters and Brothers of America." No sooner were the words out of his mouth than the hall resounded with a long burst of applause. Of all the delegates of the conference, Swamiji received the most ovation.

The reason for this was that the form of address, "Ladies and gentlemen" produces a sense of alienation and strangeness, whereas the phrase "Sisters and Brothers" introduced a note of affinity and familiarity. By using this phrase Swami Vivekananda touched the hearts of all those present, whatever their creed and colour. Their natural feeling of unity was awakened, and then what ensued fulfilled the best of expectations. All of a sudden, the gaps between them were bridged. They all began to feel themselves what they really were, and for a moment, physical division disappeared, replaced by a rare spiritual unity. - CNF

Nemesis for non-performance is not far off
By: Joginder Singh, IPS (Retd.)

You have to admire the politi-cians, for their persistence, in peddling dreams, especially at the time of elections. Short of producing god Almighty to canvass the votes and getting the voters to vote for them, they will promise everything. No amount of calumny and mudslinging is adequate in the battle of the ballot. Fossilised and archaic policies, which have outlived their life, are repackaged in new phraseology, to convert people to their point of view. More than the sky is promised in elections without reckoning the power of the mighty, bloated, underworked and overstaffed bureaucracy to block anything, which it does not approve.

The bureaucracy's slogan has been that the currentsystem has worked well and it should be defended against innovations. Members of elective bodies are literally led by the nose. They get their briefing and guidance from those whom they are expected to guide. I had an occasion to work with an educated member of the Legislature. He rose to become the Chief Minister. One day, when he was in a pensive mood about the outcome of his forthcoming election, he shared with me how he regarded himself as as average achiever.

I wanted to know as to why he was apprehensive of the results. He said: "first of all, I decided that I would go strictly by the election code. Secondly, I am under watch about the method of campaigning.''

I asked him, "What is the best method of campaigning''?

He replied, "A mixture of money power, ability to know what ticks voters and promises of a glorious future. If I go to a Brahmin dominated area, I claim to be a Brahmin on the basis of my learning. If I go to an area, which needs a road or a school or water or electricity connection, I use my office to see that whatever can be done by the bureaucracy is done by it immediately. I am careful not to leave any trace, lest I lose a won election on that basis. I make it a point to attend all weddings, all funerals and all functions, where I am invited during the election time. The parents appreciate hugging and petting children during school or college distribution functions.

"It does not pay to reflect great wealth or fashion. It is very important to give an impression to the voters that you are committed to a tension-free family. It is important to take out the lady of the house for election campaigns. Otherwise, rivals can accused you of being either loose in morals or adulterous. India is not America or Europe, where nobody is bothered about the morals or liaisons outside marriage. Once, for my first term, When I was canvassing for the party ticket for elections, I was accused of having a stunningly beautiful second wife. I told the party president; "Forget about giving me the ticket. Get me the second wife.'' He laughed and I got my ticket and won the election. No candidate is beyond hitting below the belt. Victory white-washes all the mud that you might have slung at others or what others might have slung at you.''

The elections in four the States of Delhi, Madhya Pradesh, Rajasthan, and Mizoram are a referendum on the performance of the existing Governments or a chance for the voters to bring about a change. It goes without saying that the lists of candidates are packed in favour of winningcandidates and liberally include, sons, son-in-laws, nephews and nieces and wives of the influential persons in all political parties. The efforts in all parties have been to keep some seats as family seats. Those who have been denied tickets have revolted.

Expediency, self-aggrandisement and a desire to seize political power have resulted in throwing ideology and commitment to ideals overboard.Those denied tickets in one party have joined the bandwagon of other political parties. Bilterest rivals have joined hands and the best of friends have parted company. It is the politics of expediency, which is the governing force in these elections, as in others in the past and perhaps in the future also. In this election also, a war of words- allegations of misuse of office, misrule, violation of election code and gimmicks-goes on. There would be allegations of murderous attacks and intimidation. Fresh allegations of corruption would be made and the old one reminded. A galaxy of political heavyweights as well as film stars has been presse to woo voters.

Issues of spiralling prices of essential commodities or their non-availability and erratic supply of PDS rations and power are being raised and debated. Track records of the incumbents and the other candidates are being discussed. Their private life, their wealth, their capacity to deliver are being dissected and discussed threadbare. Voters have a bewildering variety of choices for whom to vote. Governance by all political parties, irrespective of their label boils down to an assessment of the elected rulers' capacity to use the bureaucracy for opening channels of development and progress by forcing it to perform.

Unfortunately, the voter has to make up his mind on the basis of the performance of the Government. All the ills cannot be laid at the door of the present Government. The Government by its nature inherits problems from its predecessors and leaves some for its successors. For instance, late Indira Gandhi did the "bhoomi pujan' for the project of building a three-kilometre bridge for rail and road in 1983 on theBrahmaputra in Assam. The actual work started in 1988 and completed in 1998. The cost from a measly Rs. 300 crores went beyond 2000 crores. Even now 461 projects, comprising 45 of Rs. 1000 crore and above, 184 costing between 100 to Rs. 1000 crores and 232 costing between Rs. 20 crores to Rs. 100 crores are in various stages, some of them over three decades old.

The anticipated expenditure on these projects is nearly Rs. 17,60,100 crores. Not even one-fourth of work, on an average has been done on them, if one goes by the expenditure of nearly Rs. 76,000 incurred on them. Out of these, 229 projects over Rs. 100 crores account for 95 percent of the expenditure of Rs. 17,60,100 crores. By the time the projects are completed, the expenditure on them would have been five times the budget, due to inflation and rising prices.

The voters before electing their representative, apart from local micro issues, should also consider the macro issues and the overall performance of the governments and parties, which are ruling or have ruled the country. It would also be desirable to show the door to the criminal elements or people enlisting the support of rowdies and criminals. If anybody facing criminal prosecution for a heinous crime contests the elections or supports any other candidate, he and his candidate should also be blacklisted by the voters.

The perils of giving important to the criminal or criminal-supported candidates are well known to be repeated. Suffice it to say, if elected, such persons would only be a parasite on those who would have by an oversight or otherwise elected such persons. Such elements who thrive on land grabbing, property seizing or extortion are pests and now is the time to throw them in the dustbins of the projects.

Let us not act in haste or be swayed by any other consideration and elect the best. Otherwise, there would be no use in repenting at leisure for the next five years.-CNF

Saving our economy from foreign assault
By : S V Vaidyanathan

A country has many defining moments in its history and India is now facing one such moment. Since the nuclear tests in May, there have been attempts to bring India in line with the demands of geo-political forces of capitalism.

History has shown that capitalism cannot survive without the developing world, its huge markets and its huge reserves. Capitalism is an empire by itself not just an economic designer tag. In a book When Corporations Rule the World, David Korten says that ''of the top 100 world economies, 51 are corporations. Two-thirds of the international trade now involves transnational companies and one-third involves trade within a single transnational.'' So when we let such corporations enter our country it is, in a sense, like an alien government coming in and dominating us very subtly.

These geo-political capitalist forces (GPCF) have divided the world into four convenient zones as it were-- the US, Russia, the Islamic states, and Japan. India and China are not included because their economies are not entirely opened to these forces like the other were. The Japanese generally oversaw the south-east Asian countries, it had a symbiotic relationship primarily through exports and imports.

Germany put, after its reunification, large investments into Russia and the US oversaw Latin America, India and China got funds from Japan, the US, IMF and World Bank, but not one of them could really dominate either of the two largest countries in the other were. The foreign institutional investors were welcomed with tremendous advantages over their Indian counterparts.

Before we Indians realised what was happening the West started dumping everything in the name of globalisation- from washing machines and refrigerators to Cartier watches and pens and whiskey into the market. Some of them rode piggyback on Indian corporates to get in but as the economy liberalised they set up 100 per cent owned subsidiaries. The result was over capability in several industries.

The stock market for one saw a harrow son et lumiere show by the FIIs. Their ability to manipulate the market became evident: When they bought, the index went up; and when they sold, the sensex dropped. They could play god with the market which is dominated by bears who have a vested interest in keeping the market bearish.

Most of the stocks that the FIIs own were bought from Indian financial institutions in bulk directly or through brokers. Earlier, the market had floating stocks of just Rs 2000 crores to Rs 3000 crores. After the FIIs came and bought institutional stock as well as stocks inthe market, the market became a little more liquid but the shares in the hands of the FIIs upset the whole balance and gave them tremendous leverage with the index scrips. The result of all this is that the FIIs or any one wanting to destroy the sentimet of the market, create economic panic and chaos, destroy the confidence of the investing market.

The geo-political capitalist forces would like to tame India which, now more than ever under the BJP rule at the Centre, tries to take a nationalist stand. The BJP government is probably the first government in 50 years that has stood up to the United States and the rest of the world and said that it would pursue an independent nuclear policy. There are even second thoughts on India joining the World Trade Organisation (WTO) which is nothing more than a glorified serf of the International Monetary Fund and the US Treasury.

The assault on India's economy was sought to be engineered by the sanctions, but it did not hurt India much. Then came Standard and Poor's act of downgrading India because of the perceived repercussions of the sanctions. That too didn't do much damage. So they decided to hit at India's largest financial institutions and this will be followed next by an assault on India's development banks and nationalised banks. They are the pillars of India's economy.

A broker who is well versed in the techniques of the market tells us of this assault that took place on October 5, which brought down the BSE to its third largest fall of 224 points. He said almost all the pivotals went into lower freeze levels. There was unprecedented panic among market participants, particularly the small investors. This was the first ever attempt to undermine a powerful financial institution with the media and the market working in tandem. It must be remembered that the financial institutions are the only bulwark against huge buying or selling pressures in a market that is devoid of retail investors. On the October 5 attack, this broker describes the machinations: A campaign was initiated of using the disclosure of the NAV of the US-64 Scheme with devastating impact on the market. After planting media reports that there was a huge erosion in the value of the US-64 Scheme portfolio because of the scheme being mismanaged, they proceeded to goad the investor into redeeming his holdings while simultaneously battering the stocks in which the US-64 scheme had large holdings. This fulfilling cycle, said the broker, is a sure fire formula for ensuring a continuous state of panic in the market.

On Tuesday, September 29, the media reports appeared about the low NAV of the US 3.15 pm on that day a first round of hammering of prices was performed followed by a further fall on Wednesday. Thereafter the markets were closed for holidays till October 5.

On October5, Morgan Stanley Asset Management, one of the largest and hyperactive FIIs, resorted to large scale selling of stocks. About a week earlier it had reportedly effected a purchase of stocks of upwards of Rs. 200 crores as a sequal to its upgrading India in their reputed MSCI index. The bears in tandem with, Morgan Stanely also hammered down the stock prices. It circulated rumours that UTI was liquidating four percent of its holdings. The selling, said this broker, was purposely effected in a manner to create disproportionate fall in prices.

The relationship of the bears with the FII can easily be established by Sebi, though there seems to be some reluctance on the part of the regulator to act with alacrity. It seems to be worried more about what the BSE board members will say or what the foreigners will think, abandoning its duties to the investing public.

According to this broker and many others like him who follow the market closely, there is a definite nexus between the bears and the FII. They reportedly work in tandem in effecting sales and purchases. A genuine and sincere probe of the bear cartel transactions, they say, will establish that their selling and purchasing have either frontrun or run in parallel with the transactions of the fund.

For example, the FII has been selling SBI stock for the last six months in bits and pieces at which time the bear cartel has remained heavily short from a level of upwards of Rs. 300 even still today at a level of Rs. 166, thereby making a killing. It was no surprise that a very limited group on October 5 made a killing after designing the fall. These facts are well known in the market. October 5 will not be the last assault. They are preparing the same treatment for banks and Indian FIs which have NAVs as their Achilles' heel.

That is why one says that this is India's defining moment BJP's nationalism will have to have flesh and the party has to take very firm decisions to clean up our prestigious financial institutions. Corruption will have to be weeded out and the politicians will have to stop dipping into the FI funds for themselves or the crony capitalists. Will this Government live up to its claim to national fervour and get down immediately to tackling this job? (INAV)

 

 

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