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Thread: Strikes in India over "economic reforms"

  1. #1
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    Default Strikes in India over "economic reforms"

    Fairly big strikes happening as a result of a government decision to allow large overseas chain supermarkets in

    Strikers also bothered about the (eerily Irishesque) sales of Mineral rights and phone licences

    India's opposition parties led a nationwide strike on September 20 to protest against the government's decision to allow foreigners to invest directly in retail operations, taking as much as a 51 percent stake. At present foreign retailers are only allowed to operate joint ventures in wholesale companies.

    - The proposed reforms would allow individual state governments to decide whether to allow foreign supermarket chains to enter. Foreign retailers would have to source almost a third of their manufactured and processed goods from industries with a total plant and machinery investment of less than $1 million.
    http://in.reuters.com/article/2012/0...88J05E20120920

    His business rivals never fully understood how Manoj Jayaswal got so rich so fast, except that he often seemed joined at the hip with powerful politicians. He hosted them at lavish parties, entertained them at his daughter's opulent Thai wedding and stood among them at India's presidential palace, where a year ago he was praised as a leader in the India growth story.

    But now Mr Jayaswal is embroiled in a $34 billion coal mining scandal that has exposed the ugly underside of Indian politics and economic life: a brazen style of crony capitalism that has enabled politicians and their friends to reap huge profits by gaining control of vast swaths of the country's natural resources, often for nothing.
    Coal-gate, as the scandal is now known here, is centered on the opaque government allotment process that enabled well-connected businessmen and politicians to obtain rights to undeveloped coal fields. Investigators are now looking at whether Mr Jayaswal and Vijay Darda, a member of Parliament, conspired to fraudulently obtain five lucrative coal allocations. Naveen Jindal, another lawmaker and one of India's richest industrialists, is also reportedly under investigation.
    http://www.ndtv.com/article/india/co...ruption-267942

    India's Supreme Court has rejected two petitions which had sought an inquiry into Finance Minister P Chidambaram's role in connection with the country's biggest corruption scandal.

    Justices GS Singhvi and KS Radhakrishnan ruled that the petitions filed by Janata Party chief Subramanian Swamy were "not maintainable".

    The scandal pertains to alleged mis-selling of telecommunications licences.

    Government auditors say the scandal cost the country about $40bn
    http://www.bbc.co.uk/news/world-asia-india-19365194
    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

  2. #2
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    Default Re: Strikes in India over "economic reforms"

    Cuts in services and higher taxes for the most of us, neverending billions and control of the worlds Oil and Mineral wealth for the few.

  3. #3
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    Default Re: Strikes in India over "economic reforms"

    Quote Originally Posted by DCon View Post
    Fairly big strikes happening as a result of a government decision to allow large overseas chain supermarkets in

    Strikers also bothered about the (eerily Irishesque) sales of Mineral rights and phone licences



    http://in.reuters.com/article/2012/0...88J05E20120920





    http://www.ndtv.com/article/india/co...ruption-267942



    http://www.bbc.co.uk/news/world-asia-india-19365194
    Could never happen here, the strikes in protest and resistance I mean. The corruption we could manage, in fact it IS eerily like our very own corruption as DC says.

    I wonder do they fluorinate the water in India.

  4. #4
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    Default Re: Strikes in India over "economic reforms"

    From Wikipedia:


    India
    Water fluoridation is not practiced in India.[13][14] Fluorosis is endemic in at least 20 states, including, Nalgonda, Uttaranchal, Jharkhand and Chhattisgarh.[15] The maximum permissible limit of fluoride in drinking water in India is 1.2 mg/L,[16] and the government has been obligated to install fluoride removal plants of various technologies to reduce fluoride levels from industrial waste and mineral deposits.

  5. #5
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    Default Re: Strikes in India over "economic reforms"

    Quote Originally Posted by DCon View Post
    Fairly big strikes happening as a result of a government decision to allow large overseas chain supermarkets in

    Strikers also bothered about the (eerily Irishesque) sales of Mineral rights and phone licences



    http://in.reuters.com/article/2012/0...88J05E20120920






    http://www.ndtv.com/article/india/co...ruption-267942



    http://www.bbc.co.uk/news/world-asia-india-19365194


    All this is in stark contrast to the apathetic Irish...Why cant we be like this?
    History is the only true teacher, the revolution the best school for the proletariat - Rosa Luxembourg

  6. #6
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    Default Re: Strikes in India over "economic reforms"

    Big strikes against privatisation and labour reform

    http://www.hindustantimes.com/india-...1-1386576.aspx

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