Word: indias
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Over 400 Business School students participated in the nine faculty-led Immersion Experience Programs (IXPs) in locations such as China, Peru, India, and Rwanda...
...political career that spanned all of India's 61 years as an independent nation, Jyoti Basu, 95, was the face of India's Communist Party. He was epitome of a certain kind of leftist - urbane, westernized and a skilled power broker - and his death on Jan. 17 has prompted eulogizing from every corner of Indian public life...
...Brush aside the flowery tributes, though, and what Basu leaves behind is a party in decline, unable to stand up for the increasingly urgent needs of India's poor. Basu's home state of West Bengal is one of two in India (the other is Kerala) where communists have been a major electoral force since the late 1960s. But while the left in Kerala has been in and out of office, Basu's Communist Party of India (Marxist) has been an unquestioned force in West Bengal for decades. Early in his political career, Basu harnessed the threat of massive strikes...
...famine-plagued state dependent on food subsidies to a surplus grain producer. "But that's where it all ended," says Rajat Roychowdhury, a political analyst based in Kolkata, West Bengal's capital. Resting on its agrarian reforms, the state became a byword for industrial decay, as its share of India's industrial output fell from 9.8% in 1980 to 5% in 1998. "Basu didn't do anything for industry...
...communists' severe losses in the 2009 national elections. Basu had retired in 2000, but his high-handed rule left permanent damage, says Tathagata Bhattacharya, a political observer based in New Delhi. "In effect, he made sure that left politics in a democratic framework did not have a future in India...