2020 Strategic and Political Analysis-1

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Ramu
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Re: 2020 Strategic and Political Analysis-1

Postby Ramu » 07 Mar 2020 05:36

Ramu wrote:What is required is to bring in a bit of unpredictability. For example, a food supplier or a key go betweener should go missing for a few days. When these links disappear, it will bring a chill down their spine. Missing people trick is being done by lots of agencies around the world like FBI cia mossad Isi. Also cut down electricity water transport or food to shaheenbagh like areas.

https://m.republicworld.com/india-news/ ... break.html
When briyani gone and camera gone, these crowd lose their purpose.

suryag
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Re: 2020 Strategic and Political Analysis-1

Postby suryag » 07 Mar 2020 05:39

Why isnt it cleaned up yet? Not sure what they are waiting for ?

Nikhil T
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Re: 2020 Strategic and Political Analysis-1

Postby Nikhil T » 07 Mar 2020 06:44

Suraj wrote:
Nikhil T wrote:The familiar arguments. Their methodology is written into the article.

Print had a similar list of 44 individuals - 39 were identified and of them, 27 were Muslims and 12 Hindus. Again, proves the “equal equal” theory as “manufactured”.
https://theprint.in/india/list-of-those ... ts/372170/

Nope. The Print is Shekhar Gupta's mouthpiece. Official hospital data only. All data must be from original source, not from any press source or some random SM post.

A methodology that uses two sets of figures from two entities of the same political slant are simply a case of 'my left hand agrees with my right hand'.

I hope you're making good progress at finding articles that actually focus on stating the facts of CAA and Art 370 before opining why they disagree. Take your time. There's practically nothing out there that fits, so it's no surprise you can't find anything quickly. For each one you do present, 10 articles that lack balance can be found very easily, so no problem there...


Have hospitals released information about those dead in riots officially?

What I cited is the best data source out there. You can disregard it, as I expect people who don't like the data would do.

However, it would be better if YOU show official hospital data that validates the "equal equal" that you had passed off as a fact, since you've established that hospital data is the only data you would believe.

viewtopic.php?f=1&t=7788&p=2418916#p2418909
Suraj wrote:Hospital data indicates about equal number of rioters from two sides dead

Nikhil T
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Re: 2020 Strategic and Political Analysis-1

Postby Nikhil T » 07 Mar 2020 07:07

Poof

Suraj
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Re: 2020 Strategic and Political Analysis-1

Postby Suraj » 07 Mar 2020 07:08

Nikhil T wrote:Have hospitals released information about those dead in riots officially?

What I cited is the best data source out there. You can disregard it for any excuse, as I expect people who don't like the data would do.

However, it would be better if YOU show official hospital data that validates the "equal equal" that you had passed off as a fact.

viewtopic.php?f=1&t=7788&p=2418916#p2418909
Suraj wrote:Hospital data indicates about equal number of rioters from two sides dead

There are multiple sets of hospital data, posted here on BRF. Your quote is from another point of time. Two sets of casuality figures from two different points of time aren't going to match. Your very first line asks if there's even final data available, and then you argue someone else's data doesn't match what you present :)

Now, onto the more specific questions:
* How many of those 50 dead are Indian citizens ? IF all of them are, why the eff were those Muslims protesting ? CAA does not apply to Indians at all.
* Who are those dead ? Literally, who ? Are they shopkeepers ? Businessmen ? Drifters ? WHY are they so upset with CAA to trigger a riot with guns and knives ?

The so called liberal left have no idea how much culpability they have created for themselves with this. They whipped up a bunch of poor people who aren't even affected by a small change in a law, into a four month frenzy of manufactured anger to unleash something like this. A change in citizenship law doesn't warrant anything more than a changeme.org petition, at best.

I'm done with entertaining your trolling. Just so you don't have to keep up the pretense of being 'a BJP supporter' and take the trouble of having us suspend disbelief, here's your ticket out.

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Re: 2020 Strategic and Political Analysis-1

Postby Bart S » 07 Mar 2020 07:12

Manish_P wrote:
Nikhil T wrote:I don’t know what was manufactured, but this data point certainly seems to be. 33 of the 49 killed were Muslims according to source. This could change as more bodies are found, but hope you can agree 33 is not “about equal” to 16.


How reliable is the source - 'thepolisproject' - a foreign NGO?



This is a well known Urban Naxal network - seems to focus on their overseas activities and supporters.

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Re: 2020 Strategic and Political Analysis-1

Postby fanne » 07 Mar 2020 08:41

Thanks, I was wondering what forum was I at? One post looked like it was BR, the next it would look like deaf and dumb.

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Re: 2020 Strategic and Political Analysis-1

Postby pankajs » 07 Mar 2020 09:35

https://twitter.com/PBNS_India/status/1 ... 2464557061
Prasar Bharati News Services @PBNS_India

Uttar Pradesh: Lucknow police places hoarding at prominent intersections of the city which carries photos with names of those accused who damaged the public property during protest against #CAA on 19th Dec 2019.
Image
Image

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Re: 2020 Strategic and Political Analysis-1

Postby pankajs » 07 Mar 2020 09:40

Video embedded .. relying on the transcript/translation.

One reason why police too are careful with such protesters. The best option is to deploy AI based face recognition to identify the male instigators and go after them. Then follow up to their backers, handlers, moneybags and politicos.

https://twitter.com/singhvarun/status/1 ... 0935058432
Singh Varun @singhvarun

In this video from Mumbai, you can clearly hear a man provoking the burqa clad women to accuse male policemen. He says, “bolo gents police ne haath Lagaya.” What is all this.

https://twitter.com/vivekagnihotri/stat ... 8768316416
Vivek Ranjan Agnihotri @vivekagnihotri

This is a typical #UrbanNaxals war tactic.

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Re: 2020 Strategic and Political Analysis-1

Postby chetak » 07 Mar 2020 11:28

It's getting really tiresome now. RBI is on a perpetual rinse and repeat cycle with shampoo house negroes like RRR and his (extended) financial "family members"

what is happening in the financial sector is monetary sedition and economic terrorism



The same old story and the same old promise, meaning that the honest Indian tax payer takes a hit repeatedly while the names of the yes bank directors, as well as the loan defaulters, are kept hidden from the public by the very govt that was so hopefully elected.

twitter


E&Y Affiliate Batliboi was Auditor of YesBank till 2016 & thereafter KPMG

E&Y is also advisor to Govt of India for Sale of Air India. Am sure it will do an "honest" job.




and very predictably, like always


RBI Governor has assured me there will be no loss to any Yes Bank depositor: Finance Minister Nirmala Sitharaman. (news agency PTI)



Why no chnnl including Business chnnls reluctant to publish the names of Directors of Yes Bank? Or the RBI on their board? Or auditor names? Any reason? RT

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Re: 2020 Strategic and Political Analysis-1

Postby chetak » 07 Mar 2020 12:04

this is the repeat part of the "rinse and repeat" cycle


Image

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Re: 2020 Strategic and Political Analysis-1

Postby Sachin » 07 Mar 2020 12:11

Sachin wrote:Rule 6(1)(c) & (e) of Programe Code under Cable Network Regulation Act, 1995 violated; two Malayalam channels off air for 48 hours.

Came back to say; both these channels (Asianet News & Media One) were up on air by around 0230Hrs of 7th March 2020 after said to have apologized and paid a hefty fine. I have not come across any official confirmation on the apology or fines collected. As I mentioned earlier; BJP MP Rajeev Chandrasekhar has the maximum shares of Asianet News, even though he is not part of the director board etc. The channel is run by a communist journalist from Kerala (who Rajeev has NOT been able to kick out).

Edit: Came back to say. Both these channels have NOT said whether they have paid the fine or apologized. Media One (a Jamaat-E-Islami channel) has categorically said that they have not apologized. So looks like I&B's actions again is now being counter productive.

chetak
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Re: 2020 Strategic and Political Analysis-1

Postby chetak » 07 Mar 2020 13:10

how were they appointed chairmen, wasn't there a very obvious lack of qualification as well as a very serious conflict of interest. How did the RBI even approve this


twitter



Yes Bank YESBANK collapse.
Govt may investigate roles of Ashok Chawla Adarsh Kishore Chairmen of Yes Bank who were ex Union Finance Secretaries. Fifty per cent of the scam of Yes Bank by these two IAS officers will come to light.

Will @narendramodi @nsitharaman act?

nandakumar
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Re: 2020 Strategic and Political Analysis-1

Postby nandakumar » 07 Mar 2020 14:36

Sachin wrote:
Sachin wrote:Rule 6(1)(c) & (e) of Programe Code under Cable Network Regulation Act, 1995 violated; two Malayalam channels off air for 48 hours.

Came back to say; both these channels (Asianet News & Media One) were up on air by around 0230Hrs of 7th March 2020 after said to have apologized and paid a hefty fine. I have not come across any official confirmation on the apology or fines collected. As I mentioned earlier; BJP MP Rajeev Chandrasekhar has the maximum shares of Asianet News, even though he is not part of the director board etc. The channel is run by a communist journalist from Kerala (who Rajeev has NOT been able to kick out).

Edit: Came back to say. Both these channels have NOT said whether they have paid the fine or apologized. Media One (a Jamaat-E-Islami channel) has categorically said that they have not apologized. So looks like I&B's actions again is now being counter productive.

In 2000, Asianet was acquired by Rahejas who owned Hathway Cable. Don't know if it changed hands later.

chetak
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Re: 2020 Strategic and Political Analysis-1

Postby chetak » 07 Mar 2020 15:03

India in the virtual Belt and Road




India in the virtual Belt and Road

Over the last five years, China has quietly created a significant place for itself in India – in the technology domain. While India has refused to sign on to China's Belt and Road Initiative (BRI), this map shows India's positioning in the virtual BRI to be strategically invaluable for China. Nearly $4 billion in venture investments in start-ups, the online ecosystem and apps have been made by Chinese entities. This is just the beginning; there is much more to come.


Over the last five years, China has quietly created a significant place for itself in India – in the technology domain. Unable to persuade India to sign on to its Belt and Road Initiative (BRI), China has entered the Indian market through venture investments in start-ups and penetrated the online ecosystem with its popular smartphones and their applications (apps).



Image



There are three reasons for China’s tech depth in India. First, there are no major Indian venture investors for Indian start-ups. China has taken early advantage of this gap. Alibaba’s 2015 investment in 40% of PayTM, a digital payments platform, paid off barely a year later when in November 2016, the government of India demonetised its large currency notes and simultaneously promoted a move to a cashless economy. PayTM benefitted from Alibaba’s superior fintech experience, which it applied to India seamlessly, making it a dominant player.

Second, China provides the patient capital needed to support the Indian start-ups, which like any other, are loss-making. The trade-off for market share is worthwhile. Third, for China, the huge Indian market has both retail and strategic value. Therefore, companies like Alibaba and Tencent have different considerations and horizons for their investments. In contrast, Western venture money is mostly through funds like Sequoia and SoftBank.

China has seen another early opportunity in India – the potential shift to electric mobility, where China has expertise. India is the world’s fifth-largest auto market; the sector is the country’s most robust and globalised export and it is a bellwether for the economy. China’s BYD has been pushing its electric buses in India, with limited success. In traditional autos, which is 99% of the market, China is using the recognisable, but distressed, global auto brands like Volvo and MG, which it acquired to enter the Indian market. So far, Chinese automakers have invested $575 million in India. The competition in India is fierce, and it’s with Indian and Asian automakers like Suzuki, Hyundai and Toyota, even as U.S. automakers withdraw.

The Belt and Road Initiative carries with it Chinese products and standards, both virtual and physical. India may have sidestepped the physical corridor, but has unwittingly signed up for the virtual corridor.

tandav
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Re: 2020 Strategic and Political Analysis-1

Postby tandav » 07 Mar 2020 15:25

chetak wrote:India in the virtual Belt and Road




India in the virtual Belt and Road

Over the last five years, China has quietly created a significant place for itself in India – in the technology domain. While India has refused to sign on to China's Belt and Road Initiative (BRI), this map shows India's positioning in the virtual BRI to be strategically invaluable for China. Nearly $4 billion in venture investments in start-ups, the online ecosystem and apps have been made by Chinese entities. This is just the beginning; there is much more to come.


Over the last five years, China has quietly created a significant place for itself in India – in the technology domain. Unable to persuade India to sign on to its Belt and Road Initiative (BRI), China has entered the Indian market through venture investments in start-ups and penetrated the online ecosystem with its popular smartphones and their applications (apps).



Image



There are three reasons for China’s tech depth in India. First, there are no major Indian venture investors for Indian start-ups. China has taken early advantage of this gap. Alibaba’s 2015 investment in 40% of PayTM, a digital payments platform, paid off barely a year later when in November 2016, the government of India demonetised its large currency notes and simultaneously promoted a move to a cashless economy. PayTM benefitted from Alibaba’s superior fintech experience, which it applied to India seamlessly, making it a dominant player.

Second, China provides the patient capital needed to support the Indian start-ups, which like any other, are loss-making. The trade-off for market share is worthwhile. Third, for China, the huge Indian market has both retail and strategic value. Therefore, companies like Alibaba and Tencent have different considerations and horizons for their investments. In contrast, Western venture money is mostly through funds like Sequoia and SoftBank.

China has seen another early opportunity in India – the potential shift to electric mobility, where China has expertise. India is the world’s fifth-largest auto market; the sector is the country’s most robust and globalised export and it is a bellwether for the economy. China’s BYD has been pushing its electric buses in India, with limited success. In traditional autos, which is 99% of the market, China is using the recognisable, but distressed, global auto brands like Volvo and MG, which it acquired to enter the Indian market. So far, Chinese automakers have invested $575 million in India. The competition in India is fierce, and it’s with Indian and Asian automakers like Suzuki, Hyundai and Toyota, even as U.S. automakers withdraw.

The Belt and Road Initiative carries with it Chinese products and standards, both virtual and physical. India may have sidestepped the physical corridor, but has unwittingly signed up for the virtual corridor.


I am seeing some Chinese Investment firms reaching out to startups the B2G infrastructure space including a few that I advise.

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Re: 2020 Strategic and Political Analysis-1

Postby chetonzz » 07 Mar 2020 15:56

This is why social media is important for Hindus... :rotfl: :rotfl: :rotfl:

Dont ever let it go...even if NM really quits SM

Image

Image

chetak
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Re: 2020 Strategic and Political Analysis-1

Postby chetak » 07 Mar 2020 17:03

Today PM will give lecture in global business summit telling us how vibrant is our economy and how great ecosystem we have for business :) this event is sponsored by #Yes_Bank . Irony or a joke ?
#YesBankCollapse


Image

schinnas
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Re: 2020 Strategic and Political Analysis-1

Postby schinnas » 07 Mar 2020 17:22

I&B ministry has been the most ineffective govt body. Unable to counter fake news, unable to enforce journalistic standards, losing the narrative time and again and letting down India and NDA govt domestically and internationally.

It needs a professional with strong international network and a vision to lead it.

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Re: 2020 Strategic and Political Analysis-1

Postby Vikas » 07 Mar 2020 17:30

Why I&B ministry even exist ? What purpose do they serve except for job for some worthless but important MP and few babus.
A SEBI or TRAI like body should be sufficient to manage Media related affairs in India.
This dinosaur from Socialist era must be disbanded and thrown in the dustbin of history.

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Re: 2020 Strategic and Political Analysis-1

Postby Krita » 07 Mar 2020 17:52

Vikas wrote:Why I&B ministry even exist ? What purpose do they serve except for job for some worthless but important MP and few babus.
A SEBI or TRAI like body should be sufficient to manage Media related affairs in India.
This dinosaur from Socialist era must be disbanded and thrown in the dustbin of history.


Pakya and Ravishankar are relics from the Advani-Vajpayee era. They are geting a free ride due to Modi else they are not good enough to win Panchayat elections.

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Re: 2020 Strategic and Political Analysis-1

Postby Deans » 07 Mar 2020 18:26



I've commented on the OBOR for some time - called out the CPEC as being something that will screw Pak, 4 year ago.
Chinese investments in India are all equity. China bears the risk of failure. The problem with Chinese investments arises when it is debt denominated in foreign exchange (with an interest higher than the realistic return of the project), the project is unviable (not true of India except e-commerce companies), the capital equipment is imported (true of India), there is no competitive bidding (not true for India) and the labour force is Chinese (not true of India).

chetak
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Re: 2020 Strategic and Political Analysis-1

Postby chetak » 07 Mar 2020 20:00

Deans wrote:


I've commented on the OBOR for some time - called out the CPEC as being something that will screw Pak, 4 year ago.
Chinese investments in India are all equity. China bears the risk of failure. The problem with Chinese investments arises when it is debt denominated in foreign exchange (with an interest higher than the realistic return of the project), the project is unviable (not true of India except e-commerce companies), the capital equipment is imported (true of India), there is no competitive bidding (not true for India) and the labour force is Chinese (not true of India).



All very good and valid points Deans saar.

either missed by the author or simply not mentioned so as to maximize the impact of the article.

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Re: 2020 Strategic and Political Analysis-1

Postby saip » 07 Mar 2020 21:28

Greece has the right idea. This is how illegal Muslim immigrants from Pakistan, Bangladesh and Afghanistan should be dealt with.
Sent back in underwear

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Re: 2020 Strategic and Political Analysis-1

Postby Rahul M » 07 Mar 2020 22:18

chetak wrote:how were they appointed chairmen, wasn't there a very obvious lack of qualification as well as a very serious conflict of interest. How did the RBI even approve this


twitter



Yes Bank YESBANK collapse.
Govt may investigate roles of Ashok Chawla Adarsh Kishore Chairmen of Yes Bank who were ex Union Finance Secretaries. Fifty per cent of the scam of Yes Bank by these two IAS officers will come to light.

Will @narendramodi @nsitharaman act?


chetak ji why do you always leave out the twitter link and/or handle while posting the tweet ?
many postors have requested you in the past.
for the sake of context please make it a point to post the tweet link or at least the handle.

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Re: 2020 Strategic and Political Analysis-1

Postby shaun » 07 Mar 2020 22:44

saip wrote:Greece has the right idea. This is how illegal Muslim immigrants from Pakistan, Bangladesh and Afghanistan should be dealt with.
Sent back in underwear


Left liberal and turkish propaganda

https://twitter.com/akrokentrwos/status ... 9513262080

Suraj
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Re: 2020 Strategic and Political Analysis-1

Postby Suraj » 07 Mar 2020 23:29

chetak wrote:how were they appointed chairmen, wasn't there a very obvious lack of qualification as well as a very serious conflict of interest. How did the RBI even approve this
twitter
Yes Bank YESBANK collapse.
Govt may investigate roles of Ashok Chawla Adarsh Kishore Chairmen of Yes Bank who were ex Union Finance Secretaries. Fifty per cent of the scam of Yes Bank by these two IAS officers will come to light.
Will @narendramodi @nsitharaman act?

The regulator of the banking system is not the PM or FM, but the RBI. If you're only trying to make a political argument, fine but be clear that you're not interested in facts, just handwaving.

The factual matter of concern is that RBI has demonstrated a sustained inability to effectively act as a watchdog of the banking system. And no, the solution isn't to fire the latest RBI boss. They have already gone through 3 warm bodies not accomplishing anything on this front. R Jaggi advocates a separate entity tasked solely with tracking of day to day major banking operations, so that RBI can do the rest of its responsibilities more easily. This isn't an admission of failure as such - sometimes the job gets too big. The economy is way larger in nominal terms today than it was 5-10 years ago:
After Yes Bank, RBI Can’t Be Trusted On Supervision: Time To Hive Off Policing To A Separate Entity
Snapshot
* The case for retaining the RBI as supervisor of the banking and financial system is weak.
* The job must be done by an independent board with strong powers to forensically audit banks and impose restraints on them when they are recalcitrant.

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Re: 2020 Strategic and Political Analysis-1

Postby IndraD » 07 Mar 2020 23:39

NatGeo has made a film on swach Bharat & the behaviour change revolution which enabled 55 cr ppl to shun the open defecation.

Tune in tomorrow 8 March at 7 PM on the National Geographic channel

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Re: 2020 Strategic and Political Analysis-1

Postby pankajs » 08 Mar 2020 00:18

https://twitter.com/ANI/status/1236189732553416704
ANI @ANI

External Affairs Minister Subrahmanyam Jaishankar at Global Business Summit in Delhi, on being asked 'are we losing our friends(in the world)?: Maybe we are getting to know who our friends really are. (1/2)
https://twitter.com/iMac_too/status/1236221461037268992
iMac_too @iMac_too

EAM & Govt look quite comfortable & confident on "managing" the world part. He emphasises as we grow we are bound to face more open adversaries
Hmmm ...

We may indeed be comfortable & confident of managing the world {opinion} BUT I still don't like the leeway that fake news generators have in India. There is a cost associated with such an attitude.

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Re: 2020 Strategic and Political Analysis-1

Postby Rahul M » 08 Mar 2020 00:22

IndraD wrote:NatGeo has made a film on swach Bharat & the behaviour change revolution which enabled 55 cr ppl to shun the open defecation.

Tune in tomorrow 8 March at 7 PM on the National Geographic channel

It's an utter failure of state run entities like PB that we have to depend on an American channel to kindly deign to make a sleek program on a project as important as this.

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Re: 2020 Strategic and Political Analysis-1

Postby Varoon Shekhar » 08 Mar 2020 00:28

That was a witty and timely remark by the Mea Jaishankar. And a very good riposte to the likes of M.Bhadrakumar

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Re: 2020 Strategic and Political Analysis-1

Postby pankajs » 08 Mar 2020 01:19

viewtopic.php?f=1&t=7788&start=3080#p2418395
pankajs wrote:
Cain Marko wrote:^Very interesting sir, and I think that the drafters of the CAA missed the little bus in not allowing for "other minorities". In reality everybody knows and the fact remains that persecuted minorities from TSP, BD,and Afg will almost always be non-muslim. So it might have benefitted in not naming those religious groups and thereby preventing the mass hysteria that has followed.

Ahmedias too would qualify under "minorities" or "other minorities" 'cos they are declared non-muslim in bakistan by law. Tomorrow, if Hazaras are classified as "non-muslim" they too would quality for Indian citizenship under a generic law.

https://twitter.com/raghavohri0/status/ ... 1038159872
Raghav Ohri @raghavohri0

We did not use the minority word in CAA keeping in view the apprehension that Pakistan might even change the definition of minority: Raksha Mantri Rajnath Singh at #ETGBS

@ET_GBS
Rajnath Singh stated that Bakistan "might even change the definition of minority" to enable more people/groups eligible under a generic "minorities" law.

Actually, he is slightly off. Bakistan just has to declare other segments of its population "non-muslim" to make them "minority" and the Activist and SC of India will do the rest to enable their passage to India with citizenship.

Notice, Rajnath Singh is talking of a "future" bakistani action that will make segments of baki population eligible for citizenship under CAA under a generic version. Right there is another hint of GOI's intent. No more on the "between the lines" thing.

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Re: 2020 Strategic and Political Analysis-1

Postby Karan M » 08 Mar 2020 01:25

Vikas wrote:Why I&B ministry even exist ? What purpose do they serve except for job for some worthless but important MP and few babus.
A SEBI or TRAI like body should be sufficient to manage Media related affairs in India.
This dinosaur from Socialist era must be disbanded and thrown in the dustbin of history.


Disagree. The ministry is important. Its leadership has been abysmal.

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Re: 2020 Strategic and Political Analysis-1

Postby Karan M » 08 Mar 2020 01:26

Rahul M wrote:
IndraD wrote:NatGeo has made a film on swach Bharat & the behaviour change revolution which enabled 55 cr ppl to shun the open defecation.

Tune in tomorrow 8 March at 7 PM on the National Geographic channel

It's an utter failure of state run entities like PB that we have to depend on an American channel to kindly deign to make a sleek program on a project as important as this.


So true.

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Re: 2020 Strategic and Political Analysis-1

Postby chetak » 08 Mar 2020 02:18

Suraj wrote:
chetak wrote:how were they appointed chairmen, wasn't there a very obvious lack of qualification as well as a very serious conflict of interest. How did the RBI even approve this
twitter

The regulator of the banking system is not the PM or FM, but the RBI. If you're only trying to make a political argument, fine but be clear that you're not interested in facts, just handwaving.


If there is evidence of wrong doing or criminal intent, it is the govt that will investigate as well as prosecute. Which finance secy is actually qualified to run a fairly largish bank unless there were other considerations at play. They would have needed GoI approval to accept the job as well as some sort of RBI signoff too.

The RBI is toothless as well as notorious for looking away when it should, in reality, and especially because of its auditing function, be on the top of every scam because it has unrestricted access to the books as well as complete loan details. It actually bears no tangible responsibility that can be pinned on individual(s) so the audit team generally orders fancy lunches and dinners, gets wined and gifted and in many cases accepts "other favors".

Often there is informed talk in these shady financial circles, journos, well connected "agents" with long hands that reach back to the finmin baboo(n)s who "arrange" access to funds. Surely such intel may benefit with some preliminary investigation.

lawyers have a very similar network as do municipal contractors, health inspectors and the food certification guys. Like banks, they all play their own systems.

Isn't it strange that mind boggling sums are given out as loans to companies and it never seems to trigger any alarm or warning bells during any of the audits.

In the nirav modi scam, the low level guys who have been "caught" and booked is just the tip of the iceberg.

It is impossible to fiddle with the system to such an extent that no one else notices. Even the peons at the bank branch who carry files from one desk to another for signoffs would have known. A simple cheque, when presented at the bank undergoes 2-3 levels of scrutiny with various bank people signing on the cheque, the register where the entry has been made, calling up your signature on the screen to verify it and making sure that there is balance available to make the payment. There are regular internal audits, branch audits, outstation audits and the big one, the regulatory audit with "vigilance" looking over everyone's shoulders. People talk at lunch time, gossip the whole day and in any bank it is always about who is on the take and who is favoring which customer.

My family did some property transaction last year and the buyer needed a loan to pay the money. His bank stalled the application for four months because the buyer vowed that he would not pay them off. Four people from the buyer's bank were involved in this one loan application and they blandly kept hinting at the expected payoff. This was in a metro like bombay. The mango man simply pays up and goes his weary way.

Would the SWIFT system be any less complicated. People up and lower down the food chain would surely have known what was happening, spoken to friends and relatives like "chaiwallahs" speak. Every small time petty businessman has "cultivated contacts" at his bank and will usually touch base to pick up the gossip so he knows what type of "gifts" to bring when he needs "services" from the bank on overdrafts on his current account.

Vayutuvan
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Re: 2020 Strategic and Political Analysis-1

Postby Vayutuvan » 08 Mar 2020 04:03

pankajs wrote:However, more than international media, it is Indian media that is at the root of the false narrative that we are currently witnessing.


Sir, not really. You have to look at only Wikipedia page titled "North East Delhi Riots", edit history, and the talk page of that page. There was a big flap after Nupur Sharma's expose on OpIndia of one editor DBigXray on Wikipedia as well. They cleaned-up (they claim) by eliding terms like 'pogrom' etc. yet now there is discussion going of reinstating it as we speak. OpIndia is black listed as well Swarajya. The only sources for this page they want to consider are NYT/WaPo/The Economist/BBC and papers from Germany, France, Canada, Australia, and New Zealand. They are very specific about it. The page still claims that Kapil Mishra instigated the riots and a large number of muslims were killed by mobs chanting "Jai Shri Ram". The page titled "Jai Shri Ram" is also an interesting page to look at.

There are several motivated folks who are fighting with each other but nobody is on the side of India or PM Modi/BJP.

The argument is about how far to go in dissing the hindus and PM Modi. They have already decided that 'Hindutva' folks started the riots with the ultimate objective conducting a pogrom.

Varoon Shekhar
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Re: 2020 Strategic and Political Analysis-1

Postby Varoon Shekhar » 08 Mar 2020 04:13

{deleted}
Last edited by Varoon Shekhar on 08 Mar 2020 04:21, edited 1 time in total.

KLNMurthy
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Re: 2020 Strategic and Political Analysis-1

Postby KLNMurthy » 08 Mar 2020 04:19

Nikhil T wrote:
Suraj wrote:And how about the coordinated use of specific language to describe something that doesn't exist - 'Muslim pogrom' ? I remember following the news. It was weeks of Shaheen Bagh, then elections, then some localized disturbances near a Delhi Metro station, and approx 1.5 days later all of a sudden both domestic and internation press scream 'pogrom!' What pogrom ? Hospital data indicates about equal number of rioters from two sides dead, an IB officer brutally murdered, and multiple AAP functionaries of one religion gone absconding, with rather sophisticated street fighting equipment left behind.

The entire agitation is manufactured.


I don’t know what was manufactured, but this data point certainly seems to be. 33 of the 49 killed were Muslims according to source. This could change as more bodies are found, but hope you can agree 33 is not “about equal” to 16.

Anyway, I’m not going to engage in pointless debates. My point was actually about the level of discourse on the thread, which another poster (Khan) made as well. It’s up to individuals to agree or disagree. TY.

You started this contrafactual trolling that Indian MSM and Western media have actually been fair and truthful, and it is BRF that has a problem.

When called on to back up your claims—which is more respectful of your nonsense than I would have been—you grandly declare that you won’t engage in a pointless debate. As if BRFites are beneath your royal self.

If it were up to me, I would tell you to go play with those of stature equal to yourself, which might just mean playing with yourself.

Suraj
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Re: 2020 Strategic and Political Analysis-1

Postby Suraj » 08 Mar 2020 04:31

Now that's a much better and more meaningful post than the unattributed twitter post before, chetak! Yes I agree that general lending standards are very poor and that applies for everything from personal loans all the way to the biggest ticket ones.

However I disagree with what needs to be done to fix it. I don't think this is a matter of a firmer government alone, or even that enforcement is missing teeth. I'm afraid this is a much deeper problem than that.

What you describe aren't all necessarily bad things. Historically, creditworthiness has always been a difficult matter. In smaller, less developed or tribal societies, social networks with high social glue would lend amongst each other. Their social ties served as the basis of establishing creditworthiness. Some such groups were VERY financially successful because of very strong endogamous or social bonds - Marwaris, Jains or Ashkenazi Jews are all examples. The Jains taking over the world diamond trade depend on the trust in their social network to transport, estimate and sell their ware, with such success as to supplant the Jews from Antwerp.

In a small economy, our banking system still depended on relationship based lending. There's nothing wrong with that per se. At a small scale, in an intimately connected society, thats actually the normal way things are transacted. The building of relationship based networks for financial transactions did serve a purpose, at one time. The gift giving, chai biskoot are all part of that.

But today that's basically been corrupted because society has grown, the scale of numbers has grown dramatically, and the social glue that ensured things worked, simply cannot scale up that much. The percentage of real GDP growth conceals how much actual money is exchanging hands here. Nominal GDP is ~200 lakh crore last year. Ten years ago it was just 60.5 lakh crore. In 1999-00 it was 20 lakh crore. If you were born in 1991 when GDP was 6 lakh crore, think of how much harder it is to transact the scale of increase in economic activity. Over your 30 years, the economy is >30 TIMES larger.

India is seeing a difficult process of transitioning from a relationship and influence based society, to a society of rules based activity. This means rules (many of which exist on the books) have to be applied, but people at large need to understand that the manner in which society operates has evolved. I don't think there's any one entity who can fix this immediately. It takes a range of changes all accross the process of underwriting and creditworthiness tracking.

To begin with you need a unique ID that has taken hold - something that itself took years to establish via Aadhaar. You can't establish credit without unique identification. Then you build a system of basic services and capabilities that use it, and keep adding more. It isn't going to happen quickly or smoothly. Creditworthiness by definition takes time to establish. A lot of people will continue to use 'old ways' and creatively misuse the problems with turning into more formal rules based society - something we're seeing all over the place now.

RBI is too small and not capable of tracking and managing commercial bank lending transactions. Government doesn't have the bandwidth to track all the who's running the bank stuff. That's expected when nominal economic activity grows at the rate of 300% a decade. A LOT of things need formalization, and I'm afraid I don't see immediate fixes that take care of everything. That's not to say nothing can be done. It can all be fixed, but blowing an artery each time a bank is lurching about, isn't useful. They're just symptoms of an economic system that's struggling to handle the scale of its own size today.

Vayutuvan
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Re: 2020 Strategic and Political Analysis-1

Postby Vayutuvan » 08 Mar 2020 06:06

Nikhil T wrote:For the same reason, I don’t believe that “international media is painting a target on every Hindu’s back by running a narrative that isn’t true”.

Check the following Wikipedia page and the associated Talk page.

https://en.wikipedia.org/wiki/North_East_Delhi_riots
https://en.wikipedia.org/wiki/Talk:North_East_Delhi_riots


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