Reuters blog archive
from India Insight:
By Frank Jack Daniel, Jo Winterbottom and Mayank Bhardwaj
Jairam Ramesh, the rural development minister in the Congress-led government, told Reuters on Tuesday that Narendra Modi's career reminded him of the rise of the Third Reich, the strongest comments yet by a minister of his rank on the Bharatiya Janata Party leader.
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Here are the edited excerpts from the interview:
Where do you feel public sentiment is at the moment?
If you look at the social media, the sentiment is in one way. If you travel like the way I do to remote parts of the country where social media footprint is very very inconspicuous, the sentiment is some other way. We are going through the noise phase of the election campaign … Sentiments change, by the way; there is no such thing like a permanent sentiment.
The Modi campaign has got a lot of momentum and the perception is that the Congress campaign lacks that momentum.
Modi-entum, not momentum. The BJP is a master of hype. I have seen them now for 20 years closely and they are the world’s greatest experts at hype. And very soon they come down to earth because they begin to take their hype very seriously. When you start believing that hype, then you run into serious trouble. This is what happened to the BJP in the past. India Shining was a good example of that hype.
I think a time will come when Mr Modi will begin to get judged differently. But India right now in 2013, I would say, we are going through what Germany went through in 1932. The classic symptoms, I am beginning to read all my old books about how the Third Reich came into being, how fascism overtook parts of Europe. Because, look at Mr Modi’s -- what are the three principles of his ideology? Political autocracy, social divisiveness and economic liberalism. This is sort of Mr Modi reduced to three dimensions, the 3D Mr Modi. This is exactly what created the autobahns and Volkswagens in the 30s but also created the disaster of Germany.
from India Insight:
If you thought the Delhi gang rape would cause a serious debate on women’s rights in India, you'd be half right. Let's look at the other half: last December's brutal incident seems to have put a spell on India’s politicians, holy men and otherwise educated people.
From suggesting that the rape victim should have called her rapists “brother” to blaming her stars, plenty of reasons cited for the crime lay the blame on the women whom men brutalise, or portray women in ways that reveal our skewed attitude toward women and their place in our society. When given an opportunity to figure out ways to improve the education and behaviour of men, and thus try to reduce the number of rapes that occur in India, many people revert to the more traditional method: limit the rights of women.
India's government suffered a fresh blow in containing growing anger over corruption from million of voters as Swami Ramdev, the country's most famous yoga guru, gained the support of a leading civil activist for his "fast-until-death" against graft. Anna Hazare lent his support on Thursday for Ramdev's hunger strike from Saturday to protest against corruption in Asia's third-largest economy and has called on his legions of followers to join him.
from Reuters Editors:
The following is a guest column by Chris Ahearn, President, Media at Thomson Reuters.
Last summer, I published a blog post that laid out my feelings about the link economy and its positive contribution to the evolution of the business of journalism. One year later, Reuters.com continues to encourage linking to the rich content we offer and even pulling interesting excerpts for discussion in a different forum. In exchange for that occasional use of our content, we ask others to respect the hard work our journalists put into their craft and in some cases risk their lives in doing so by offering prominent links and attribution.
In its latest venture round last week, Twitter was valued at $1 billion. The Wall Street Journal calculated that $2.7 billion would be a fair value. Robert Scoble, an influential tech blogger -- and habitual enthusiast -- reckoned somewhere between $5 billion and $10 billion was justified. That's for a company with no revenues and no known business model.
Has the world gone crazy again? Is Twitter just the latest manifestation of a new bubble of froth and hype? Perhaps. But the excitement does point to an arena where investors' exuberance is justified: the growth of the real-time web.