Opinion National pride
It is a tribute to Indian democracy and to our Constitution that 10 per cent of MSMEs are owned by Dalits
National pride
* It is a tribute to Indian democracy and to our Constitution that 10 per cent of MSMEs are owned by Dalits (Walk the Talk with Milind Kamble and Chandrabhan Prasad,IE,June 11). It is also heartening to know that Kamble and Prasad believe that private enterprise and capitalism empower people more than the welfare measures of a mai-baap sarkar,and that measures such as reservation have outlived their utility. Ambedkar had exhorted Dalits to educate,agitate and organise to find their rightful place in society. Kamble and Prasad are right that capitalism can destroy caste and discrimination more effectively than Marx and state interventions.
M.D. Kini
Sinking feeling
* THIS refers to Rupee hits record low; at 58.16/US $ (IE,June 11). Stronger global economies continue to attract FII investment out of India. Last week itself,more than $3 billion flew out. The government and RBI are quite helpless at the moment,as they cannot even cut interest rates to propel our economy forward that would result in more money being pulled out of the country and funnelled into other more profitable investment destinations. The falling rupee means we will have to foot an exorbitant crude bill,which will further fuel inflation. Our country is a net importer and I foresee most items getting costlier in the time to come. The only solution is to propel the economy by encouraging industry and exports.
S.N. Kabra
Mumbai
Room for one
* THIS refers to Why resign (IE,June 11). The irony of the public power struggle in the BJP comes not so much from the patriarch being pushed into oblivion by the very party he crafted,but rather from the fact that he is being edged out by his own protege and doppelganger. It is a succession war that is almost Mughal an ensconced elder bluntly,even ruthlessly,unseated by a nurtured scion.
J.S. Acharya
* THE recent occurrences in the BJP,though an internal affair,are also of national importance. I feel there is more than meets the eye; some other issues are likely to unfold in the days to come. One is,however,glad that the interests of the party have prevailed,and that Advani has withdrawn his resignation. Missteps like these will help strengthen the partys opponents and might adversely affect its prospects in the upcoming elections. Yet,many Indians are looking forward to the BJP unseating a corrupt Congress government.
P.R. Achuthan Nair
New Delhi
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