Subramanian Swamy claims role in 1991 economic reforms | WeForNews | Latest News, Blogs Subramanian Swamy claims role in 1991 economic reforms – WeForNews | Latest News, Blogs
Connect with us


Subramanian Swamy claims role in 1991 economic reforms



New Delhi, Sep 25 : Rajya Sabha member Subramanian Swamy on Wednesday claimed a role in the 1991 economic reforms, saying he had drawn up their blueprint while serving in the short-lived governemnt of Prime Minister Chandra Shekhar before it collapsed and a general election saw the return of the Congress to power.

“Ninety-five per cent of the credit should go to (P.V.) Narasimha Rao (who became the Prime Minister after the 1991 elections), the execution was by Manmohan Singh (the then Finance Minister) and Montek Singh Ahluwalia (part of the team under Manmohan Singh) but in terms of conception, it was mine,” Swamy said during a panel discussion following the release of his book “Reset” by former President Pranab Mukherjee here.

“It started with Chandra Shekhar and he was very much part of that,” maintained Swamy, who served in the government as the Commerce Minister.

Swamy said that he was approached in March 1991 for a copy of his blueprint which he agreed to hand over. He was then asked if he would join the cabinet.

“I said that I can’t do because it would meaning joining the Congress,” Swamy said, reiterating that it was Narasimha’s Rao’s “political leadership” that saw the reforms through as they broke new ground.

Fellow panelist Sanjaya Baru, Prime Minister Manmohan Singh’s media advisor till he resigned and returned to academia, tended to agree, saying that the budget presented by the Finance Minister in June 1991 “had all the elements of the previous” budget.

Swamy also said that Narasimha Rao wanted I.G. Patel, a former Governor of the Reserve Bank of India and who had served as the Director of the LSE and with the UNDP, as the Finance Minister but the latter declined, stating that while he had lived in various parts of the world, he had just built a house in Baroda (now Vadodara) and was quite firm on not returning to New Delhi.

Manmohan Singh’s name emerged soon after that, Swamy maintained.

Ever one to speak his mind, as Mukherjee said in his address, Swamy also took pot shots at Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and former Reserve Bank of India Governor Raghuram Rajan.

Modi’s advisors, Swamy said, “tell the Prime Minister only what he wants to hear”, leading to decisions like demonitisation, but he still has a “rapport with the public”.

As for Rajan, Swamy faulted him for tackling the economy at the micro level “which is for shopkeepers to do” – instead of at the macro level, leading to today’s high rates of unemployment.

Mukherjee, in his address, praised Swamy for speaking his mind out.

“What he feels and believes, he speaks out,” Mukherjee, describing this as someting rare for a politician.

Mukheree also recalled the first budget he had presented in 1982, soon after India had secured a massive $55 billion from the International Monetary Fund.

“The Opposition was very critical, saying the budget would be dictated by the IMF,” Mukherjee said, adding that when he saw Swamy coming toward him, he had wondered: “Would be condemn me?”

“He extended a warm hand and said whatever be the character of the budget – he would not use any adjectives – it is not an IMF budget,” Mukherjee said.


This antiviral drug blocks Covid virus within 24 hrs: Study

The scientists infected ferrets with SARS-CoV-2, and initiated treatment with MK-4482/EIDD-2801 when the animals started to shed virus from the nose.




remdesivir antiviral drug

Treating novel coronavirus infection in ferrets with the antiviral drug Molnupiravir completely suppressed virus transmission among the mammals within 24 hours, reports a new study which may lead to a new therapeutic to curb the Covid-19 pandemic.

The researchers, including those from the Georgia State University in the US, originally discovered that the drug — also known as MK-4482/EIDD-2801 — is potent against influenza viruses.

In the study, published in the journal Nature Microbiology, the scientists repurposed MK-4482/EIDD-2801 against the novel coronavirus, and used a ferret model to test the effect of the drug in halting virus spread.

“This is the first demonstration of an orally available drug to rapidly block SARS-CoV-2 transmission. MK-4482/EIDD-2801 could be game-changing,” said Richard Plemper, a co-author of the study from Georgia State University.

Until mass vaccination is available, the scientists believe interrupting widespread community transmission of SARS-CoV-2 is paramount to managing the pandemic.

“We noted early on that MK-4482/EIDD-2801 has broad-spectrum activity against respiratory RNA viruses and that treating infected animals by mouth with the drug lowers the amount of shed viral particles by several orders of magnitude, dramatically reducing transmission,” said Plemper. “These properties made MK-4482/EIDD-2801 a powerful candidate for pharmacologic control of Covid-19,” he added.

The scientists infected ferrets with SARS-CoV-2, and initiated treatment with MK-4482/EIDD-2801 when the animals started to shed virus from the nose.

“When we co-housed those infected and then treated source animals with untreated contact ferrets in the same cage, none of the contacts became infected,” said Josef Wolf another co-author of the study. By comparison, all contacts of source ferrets that had received placebo became infected, the study noted.

If these ferret-based results translate to humans in further studies, the scientists believe Covid-19 patients treated with the drug could become non-infectious within 24 hours after the beginning of treatment.

They noted that the drug is currently in advanced phase II/III clinical trials against SARS-CoV-2 infection to check for its effectiveness in curbing the transmission of the virus.

Continue Reading


Once dreaded ‘queen of outlaws’ Phoolan now a ‘veerangana’

Phoolan Devi emerged as an icon for the Nishad community (boatmen) but after her brutal death in 2001, the community was not given adequate representation by political parties.




phoolan devi Bandit Queen

Bandit queen-turned-politician Phoolan Devi has been conferred the title of ‘veerangana’ (a brave warrior) by the Eklavya Welfare Society in Jalaun district.

Phoolan’s native village Garha Ka Purwa is located in Jalaun district and the Eklavya Welfare Society represents the Nishad community to which Phoolan belonged.

“The title of Veerangna has been conferred on Phoolan Devi because she was a true warrior — she fought for her honour and later, for the welfare of the oppressed.

“She deserves her and the young generations need to be told about her contribution. We will soon install her statue here,” said Gopalm Nishad, a member of the Eklavya Welfare Society.

Phoolan Devi, a bandit in the ravines across Uttar Pradesh and present Chhattisgarh and also Madhya Pradesh, had hit the headlines when she massacred 22 Thakurs in Behmai in Kanpur in February 1981 to avenge her sexual exploitation by a Thakur gang led by Lala Ram and Sri Ram.

In 1994, then Chief Minister Mulayam Singh withdrew the cases against Phoolan and she contested and won the Lok Sabha elections from Mirzapur in 1996 on a Samajwadi Party ticket.

Phoolan Devi emerged as an icon for the Nishad community (boatmen) but after her brutal death in 2001, the community was not given adequate representation by political parties.

The Nishad community constitutes about 4.5 per cent of the state’s population and are known to be among the Most Backward Castes (MBC).

The Nishad community has a sizeable population in about 40 assembly segments. Since the past one decade, they are trying to be included in the Scheduled Caste’s category but their demand has been caught in legal hassles.

An attempt was made to install Phoolan’s statue in Gorakhpur in 2016 but the attempt was foiled by the district administration that claimed that requisite permission for same had not been obtained.

The issue had revived an intense caste war between OBCs and MBCs in Uttar Pradesh.

Last year, Phoolan’s mother, Moola Devi, 90, who still lives in the village in abject poverty, had released the Chambal Manifesto on the eve of Lok Sabha elections to press for development of the Chambal region.

The 4-page manifesto was a compilation of the demands for the region which included the formation of the Chambal Commission for a scientific study of the issues and challenges faced by the people living in Chambal region along with solutions.

More than 40 years after she picked up the gun and turned into a bandit, following a dispute over four bighas of land with her cousin Maya Din, Phoolan Devi’s family in her native village in Jalaun district is still waiting to reclaim that elusive piece of land.

Meanwhile, the land that was initially owned by Phoolan’s father, Devi Din Mallah, and after his death, it still eludes her mother Moola Devi as the rightful owner.

Maya Din, son of late Devi Din’s elder brother allegedly grabbed the plot and did not allow Phoolan’s mother to till the land. Maya Din claimed the land was passed on to him as legacy.

Moola Devi said, “My daughter Phoolan fought with Maya Din for this land. Maya Din and his men ridiculed her and hurled abuses at her. She got together some girls from the village and staged a dharna on the land. The village elders tried to remove her from the land but failed. Then Maya Din hurled a brick at her and she fell unconscious. After this, she became a ‘baaghi’ (rebel).”

It is said that Maya Din ‘sold’ her off to Lal Ram and Shri Ram — heads of a Thakur gang of dacoits — who not only raped her but also held her captive.

A few years later, Phoolan Devi fell in love with another dacoit Vikram Mallah, who was later killed by the Lala Ram and Shri Ram gang.

To avenge the wrong done to her by the Thakur gang, Phoolan Devi gradually built up her own gang and the rest, as they say, is history.

Continue Reading


International Day of Persons with Disabilities: Theme, Date and history of the day

International Day of Persons with Disabilities: It aims to increase public awareness, understanding and acceptance of people with disabilities and celebrate their achievements and contributions.




International Day of Persons with Disabilities

International Day of Persons with Disabilities is an international observance promoted by the United Nations since 1992. It is celebrated on December 3 all around the world. It aims to increase public awareness, understanding and acceptance of people with disabilities and celebrate their achievements and contributions.

IDPD mobilizes support for critical issues relating to the inclusion of persons with disabilities, promotes awareness-raising about disability issues and draws attention to the benefits of an inclusive and accessible society for all.

UN agencies, civil society organizations, academic institutions and the private sector are motivated to support IDPD by collaborating with organizations for people with disabilities to arrange events and activities.

International Day of People with Disability: Theme

The theme for IDPwD 2020 is “Building Back Better: toward a disability-inclusive, accessible and sustainable post COVID-19 World”.

Every year the UN announces a theme to observe for International Day of People with Disability. The annual theme provides an overarching focus on how society can strive for inclusivity through the removal of physical, technological and attitudinal barriers for people with disabilities.

This has been occurring since 1992 when the General Assembly announced 3 December as the International Day of Disabled Persons.

National Disability Strategy 2010–2020

In Australia, the National Disability Strategy 2010–2020 commits all governments to a nationwide approach aimed at improving the lives of disabled people, their families and carers.

The Strategy’s ten-year national framework for reform concentrates on better inclusion for people with disabilities and seeks to create a society that enables people with disabilities to fulfill their potential as equal citizens.

On the 2012 International Day of People with Disability, the United Kingdom government introduced mandatory work for disabled people who received welfare benefits in order to “Improve disabled peoples chances of getting work by mandatory employment”.

A program is also launched on December 3 across India to serve the differently-able community of the country as an initiative called Accessible India Campaign under the Article 9 of UN Convention on the Rights of Persons with Disabilities (UNCRPD)

Continue Reading

Most Popular

Corona Virus (COVID-19) Live Data

COVID-19 affects different people in different ways. Most infected people will develop mild to moderate illness and recover without hospitalization.