India Resurgent

Author: S. Kamat
Publication: The Times of India
Date: February 17, 2005

In two of your editorials and in an article on the rehabilitation of  tsunami victims in Sri Lanka authored by Bachi Karkaria (Feb. 8), you  seem to be losing  the Indian perspective of things.  The first  editorial related to the hike of FDL in telecom, which you said has come  rather late in the day and that too with strings attached. India was  compared to 22 developed Western nations. Why don't   you want India to  assert itself  instead of being led by a ring on its nose? There is a  danger in trivialising issues and  blindly wanting to follow others.

In your second editorial you mention that the retrospective slapping of  excise dues on ITC will make foreign investors shy away from India. Are  we to be scared of a few foreign investors when it comes to the question  of implementing justice as we see fit on our Indian companies? Even in  the US, which you seem to regard as the ultimate icon, there have been  numerous example like Enron, Worldcom and Maratha Stewart which have  been awarded sentences in line which their offences.

Karkaria extols the efforts made in Sri  Lanka by Pfizer, a well-known  MNC, in its activities in rehabilitating the tsunami victims. I have not  seen any article commending the efforts of our own people in Tamil Nadu.  Our media, including your paper,  tends to be overcritical of our  efforts and intend on finding flaws. Cover international stories by all  means but also carry those little stories of Indian successes.
 


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