Republic Day Holiday: Random Discussions
Today, 26 January 2023, we celebrate the 74th Republic Day. Egyptian President Abdel Fattah El-Sisi is the chief guest. The 68 year-old is one of most influential Arab leaders with a reputation as a moderate autocrat. As defense minister during Hosni Mubarak’s sunset years in power, Sisi overthrew his democratically elected predecessor, President Mohammed Morsi in July 2013. Morsi was a leading member of Muslim Brotherhood in Egypt..[By Philip Mudartha]
IT Sector Stocks India – An Overview
The IT sector is one of the most crucial sectors of the Indian industry. It is one of the largest drivers of export revenue for the country. The industry currently contributes about 8% of GDP and is expected to contribute to about 10% by 2025. India is currently the largest IT services provider in the world. India has an edge primarily due to the availability of English-educated, highly skilled and comparably cheaper manpower. India is the leading sourcing destination in the world...[By Philip Mudartha]
Part-2 of a Historical Perspective of our journey
There have been sixteen governments since independence. The 17th government is in office since May 2019. The next general elections are due before May in 2024. These are the main political events during seventy-five years of our independence. ndian National Congress (INC) won the general elections in 1952 for the FIRST Lok Sabha. INC won 364 of 489 seats. Pandit Jawaharlal Nehru became PM...[By Philip Mudartha]
A Historical Perspective of our journey since Independence
It has become a habit for Arvind Kejriwal, the IIT engineer turned social activist turned politician, the CM of NCT and AAP national convener to bemoan that the past governments for seventy-five years since our independence have done nothing but loot to enrich themselves and their families. His utterances do no good to his image as a leader with a vision for the country and his passion to improve the lives of ordinary people...[By Philip Mudartha]
The Revdis to Corporates: The Rise of Adani
Try googling “The debate on revdis culture”. I just did and found links to my previous two articles published last month by this website. I was pleasantly surprised. Hence, I was motivated to pen the final part on “corporate freebies”. I will follow a different approach to tell the story. I will preferentially use publicly available illustrations and images with fewer “opiniated” comments...[By Philip Mudartha]
The debate on Revdis Culture Part-2
There are so many central schemes like provision of piped potable water to every household by 2024, financial inclusion of every citizen through the zero balance Jan Dhan Yojana, the PM Awaas Yojana, the Skill India mission, the Make in India mission, the Swachh Bharat Mission, the Sansad Adarsh Grama Yojana, the Beti Bachao Beti Padhao Yojana, the PM Mudra Yojana, the Ujala Yojana of distributing subsidized LED bulbs, the Atal Pension Yojana for unorganized labor such as..[By Philip Mudartha]
The debate on revdis culture
Delhi is home to the second highest number of billionaires and millionaires of any city in India. Delhi ranks fifth among the Indian states and union territories in human development index. Delhi has the second-highest GDP per capita in India (after Goa). Although a union territory, the political administration of the National Capital Territory (NCT) of Delhi today more closely resembles that of a state of India, with its own legislature, high court and an executive council...[By Philip Mudartha]
A comparative analysis of Two South Indian States
“Many state borrow and spend on unproductive projects which will send them into debt trap. Many politicians’ aim is to spend more in order to get more kick-backs or spend on popular dole out to get more votes. At least, Kerala is in trap; to give salary of government employees borrowing is required” so commented A T Mathai in response to my article ‘India’s debt: Signs of alarm bells’ published by this website on 25th July 2022...[By Philip Mudartha]
Fr. Lawrence Fernandes: Priestly Journey from Moodubelle to Allahabad as a Missionary, Educationist and Writer
The St. Lawrence Parish, Moodubelle has been a cradle of religious vocations. Since its inception in 1910, for the last one century and a decade, the parish has been providing inspired and dedicated youngsters to follow the religious vocation as priests and nuns who have been serving as missionaries not only within Karnataka but also north India and even abroad. A large number of Belleans serve in different dioceses of north India as missionaries working in parishes...[By Dr. Eugene DSouza]
Electricity Supply: Which is better, Private or State?
As of June 2022, India’s installed power capacity is 403.76GW. In India, electricity generation primarily depends on thermal sources, coal, lignite, gas, and diesel. Thermal power generation accounts for 58.5% of the total installed power generation capacity. Of which, coal accounts for 50.6%, gas 6.2%, lignite 1.6% and diesel 0.1%. India has several renewable energy sources such as hydro, wind, and solar which are non-fossil fuel based. Besides, there is a small nuclear power generation capacity of 6.78 GW...[By Philip Mudartha]
India’s debt: Signs of alarm bells
Following the alarming economic melt-down in neighboring Sri Lanka, there are voices in India predicting gloom and doom scenario for our economy. What is the reality on the ground? Because Sri Lanka is caught up in a debt-trap and a man-made economic crisis, should we worry about our own national debt? This essay attempts to look at the facts and figures and come out with certain conclusions...[By Philip Mudartha]
State of Indian economy: An Overview
An eight-year-old high inflation, soaring energy and commodity prices due to the Russia-Ukraine war are threatening to squeeze the Indian economy. The only silver lining is that the monsoon has arrived. Good rains will not only help the agriculture sector but help cool off the soaring inflation. A good monsoon will also boost rural demand, which in turn will help the economy to recover...[By Philip Mudartha]
Quad leaders’ Summit in Tokyo: a review
Prime Minister (PM) Narendra Modi returned to New Delhi early morning on Wednesday after participating in the Quad Leaders’ Summit as part of his two-day tour in Japan and immediately held a Cabinet meeting. At this week’s meetings of Quad, Japan and Australia were represented by their new PMs, Fumio Kishida of Japan and Anthony Albanese of Australia. Japan and India looked for confirmation that Australia is serious about engaging with Asia. The US reviewed its expectations of what Australia, under a Labor government, is prepared to contribute to both the Quad and AUKUS...[By Philip Mudartha]
Ukraine war: The role of the Orthodox churches
The Russian Orthodox Church (ROC) is the primary church in Russia. Legally known as the Moscow Patriarchate, it is one of the autocephalous Eastern Orthodox Christian churches. It has 194 dioceses inside Russia. The title of primate of the ROC is the Patriarch of Moscow and all Rus’. The ROC, and hence its primate, officially ranks fifth in the Eastern Orthodoxy Hierarchy. The four ancient patriarchates of Constantinople, Alexandria, Antioch, and Jerusalem of the Greek Orthodox Church rank higher in that order. Patriarch Kirill is the primate of ROC since 2009 and has continued his predecessor’s...[By Philip Mudartha]
Disinvestment: LIC’s mega IPO
The wait is finally over for the investors who were eagerly waiting for India’s biggest public issue, the Life Insurance Company (LIC) initial public offering (IPO). It hits primary markets on Wednesday, 4th May 2022. Government of India (GoI) is offering for sale 3.5% of its equity stake, totaling 22.1crore shares of face value of Rs 10. The (GoI) has fixed the LIC IPO price band at Rs902 to Rs949 per equity share...[By Philip Mudartha]
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