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The Charge Of The General

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On Saturday, March 7, I watched General Musharraf’s speech and the question and answer session in the India Today Conclave beamed on Headlines Today Channel. He handled himself with a lot of class and panache. He is a great ambassador for his country. Whatever one may say about him, he is not a coward. He will not flinch and he won’t run away.

musharraf-thumb.jpgThough there were several holes in his arguments, he came across as blunt and straight forward. Yet, paradoxically, he did tell lies with a straight face when it came to protecting the image of his country. He laboured hard to drive home the following points.

1. He is a man of war (as an army man), but a man for peace as a human being and leader of his nation.

2. He did his best to bring about peace during his 11 years as the power center in his country. But peace can be only between equals treated with respect.

3. He had worked out a blue print for peace along with Vajpayee and Jaswant Singh during the Agra summit. This was scuttled by certain forces.

4. The Indians are hysterical about Pakistanis, Pakistani government, Pakistani army and ISI. The same level of hysteria is absent in Pakistan.

5. Just as RAW is very much active to undermine the growth of Pakistan, ISI is abuzz to clip the wing of India. Both RAW and ISI should be restrained.

6. Kashmir is the root cause of all the problems. He used the simile of a problem tree to describe the situation. Tackling terrorism, improving trade, dialogues etc., would be only like removing the leaves, branches, trunks etc., of the problem tree. The problem would linger till the cause named Kashmir problem is removed from its roots. When Kasparov, the world famous former Russian chess player suggested that the tree could be also destroyed by denying it water, the general did not have a convincing answer.

7. To find a solution, there has to be a lot of give and take. And, to give, leaders on both sides have to muster a lot of courage.

8. Terrorism was born to protect the deprived Muslims in India and particularly in Kashmir. When a turbaned, Muslim M.P pointed out that there were more Muslims in India than in Pakistan and they felt very much safe in India and at least 70 % of the Hindus would protect the Muslims even risking their lives, the Pakistani general was a bit shaken, but later added that he always believed in mouthing what his head and heart dictated. He seemed to insinuate the Muslim M.P was playing to the gallery.

To every question, General Musharraf had a ready answer. The burden of his message was, as long as “eye-for-an-eye” or “tit-for-tat” responses were the basis of the relationship between the two countries there would be no durable peace.

It appears solutions to the vexing problems staring at the two countries will not come easily. Pakistan and India have to share the faults for the state of things. As long as we are concerned only at the wrongs perpetrated by the other, the problems will linger. Each country needs to look inward.

We harbour prejudices against each other. These need to be removed by making attempts to understand the other through dialogue and ceaseless communication.

Courageous leaders will have to face the problems and catch the bull by the horns and subdue it. Otherwise, the problem will last a thousand years as some leaders from across the border indicated. If countries in Europe which were at one another’s throat for centuries can live in harmony, bonded by a common vision and currency, all is not yet lost in South East Asia.

For this to happen, populism has to give way for statesmanship, fear has to be vanquished by courageous steps and the lessons of history have to be learned and assimilated.

Image Credit: Ashour Talk

Popularity: 14%

2008: The Year That Was

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As the year 2008, the year of the frog, is drawing to a close many people are sighing with relief. It has been an eventful year, with a few positives like the gold medal at the Olympics and The Man Booker prize. However, The Global financial crisis and the most recent acts of terrorism have cast a gloomy shadow and are threatening to evolve to diabolic levels.

Global Financial Crisis

When the year 2007 was drawing to a close most of the Indian investors who had invested in India were very happy. Our Bombay’s stock index was hovering around 21000 giving more than 40% return in a span of just 6 months. This attributed to many theories like the ‘De-copulation theory’ according to which Indian markets are independent from the US market.

But then things took an ugly turn in 2008. The Global Financial Crisis which had spilled over from the previous year, started to wreak havoc in the global markets. Many prominent organizations like the Bears & Sterns, the Lehmann Brothers etc. had to shut shop because of the losses faced by them.

Closer to home, our banks did not face a huge impact because of stronger banking regulations and lesser exposure in the US and European Markets. But our industries are now facing a major slowdown as our economy is highly dependant on the Global markets especially the US and the Europe. There has been a significant decline in the industrial production numbers, our export figures and also in the profitability of many Indian Companies leading to a slower than usual growth of our GDP.

Repercussions of this global turmoil had a major impact on our stock market. The FIIs had removed nearly $12 Billion from our stock market this year to reduce their exposure. This has lead to more than 50% reduction of value on the Bombay stock index, which is now hovering around the 9000 mark.

To add on to the woes, at the start of this year the oil prices started climbing steadily to dizzy levels. At one time i.e., around mid of this year oil prices were around $ 150 per barrel. This led to an increase in the fuel pricing, pushing our inflation numbers to around 13% for sometime.

Though now the oil prices have gone below $50 a barrel and the inflation cooling down to below 8%, the short-term outlook looks very bleak.  The RBI has been taking a series of steps so that recession doesn’t hit Indian shores by its monetary and fiscal policies. It has been trying to reduce various rates to stimulate domestic demand and there are reasons to believe that this will continue doing so for the next fiscal.

Terrorism

The year 2008 has been one of the bloodiest years in the recent times even though we have not waged a formal war. For the past 2 decades we have been battling militants waging a proxy war in many parts of our country for many reasons, be it Kashmir, northeast or naxals. According to estimates done by various organisations, more than 2500 people have been killed because of terrorist attacks, which is next only to Iraq in this region.

These militants have become very tech savvy in executing their attack using many everyday tools like the google maps, VOIP phones etc.

Despite all this, our governments have failed to act or address the fundamental problems that lead to terrorism. We can just hope that in the coming years they would take some steps to contain these before they hinder our growing economy.

2008 is drawing to an end and one hopes that this New Year brings about some kind of positive cheer and hope, though the above problems are threatening to become graver by each passing day.

Popularity: 12%

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