1. Read "How Risky is India", an article from the December 4 issue of Businees Weekly at:
http://businessweek.com/magazine/content/08_50/b4112024094731.htm?chan=rss_topDiscussed_ssi_5.
http://businessweek.com/magazine/content/08_50/b4112024094731.htm?chan=rss_topDiscussed_ssi_5.
2. Summarize the article and explain how it reflects the structure of politics in India as well as the nation's relationship with Britain and the United States.
3. Mehul Srivastava and Nandini Lakshman (the authors) tell us that "Only in 2001, when a stable government focused on the economy with a brand message "India Shining" did things (economically speaking) take off." They then ask the reader "Which India will prevail- the India that nurtures global industries and rising affluence or the India of stalled hopes and endemic violence?" Answer this question with regard for the information presented in the article.
****If you need further help understanding the recent attacks in Mumbai and the conflict in Kashmir, check out the research and background links at :
http://news.bbc.co.uk/2/hi/south_asia/7754438.stm
****If you need further help understanding the recent attacks in Mumbai and the conflict in Kashmir, check out the research and background links at :
http://news.bbc.co.uk/2/hi/south_asia/7754438.stm
14 comments:
In the article entitled, "How Risky is India," it explains the recent events that occurred in Mumbai on November 26, and how it is affecting the Indian economy and its relations with the United States and United KIngdom. In the article, it explores the insurgence of violence that has taken place in India and along the Kashmir border for over fifty years. These conflicts, particularly the conflict in Kashmir, has shaped Indian politics. The big fear is that India's mounting problems with violence and corruption within the current party might force it back to its horrid past. In the past, India has had a torrid history. It was plagued with bad political tactics and even worse policy. However, in recent years, India has been on a economic increase, due to US companies, such as DELL, HSBC, Bank of America, and Morgan Stanley, outsourcing its labor to India. Many companies outsource their work, and even have sweat shops within the country working tirelessly on their products, which is then shipped back to the United States. Companies in the United Kingdom have a similar situation in regard to outsourcing. At the end of the article, the question is penned, which India will prevail? The India with incessant violence or the India that nurtures global affairs. The India that will prevail in the India that nurtures global affairs. In the day in age, it is important fora country to be open and receptive to corporate support and help. India is very open to this, and by doing so it secures its power as a global power.
The article, " How Risky is India" describes India of having little to no hope after the terrorist bombing attacks on November 26th 2008. The article layouts all the misconceptions of India's so called fortunes. Though many investors go into India for work; they do not see how dangerous the country is. Bombings and kills have been happening around the Kashmir part of India for along times , as well as in the NorthEast. The conflicts occuring in India are prominently due to religious and border conflict. Even after the Mumbai conflict ; a train bomb accured in the NorthEast of India. It seems that the Indians are just not getting it. India seems to confuse the author of the article because he says that India is known for its enginering and entraponeur programs and of its demostartion of a democracy. Many investors like to invest their money in India because they feel that it is on its way to becoming one of the dominate countries in the world. Even after the bombings; money is still being invested in India. Money has no fear over violence, the article proclaims. The article states that the Mumbai bombings were only to scare foriegn investors ; push away foriegn influence. Many Indian nationionalists are disgusted of stores/ resturants franchizing in India. They have killed owners and burned down buildings. Security has become a top notch issue . Mand Indians dont know how tey are going to invest in India when the country is so unsafe. India's economy consists of Soviet-inspired socialism and entrepreneur-driven capitalism. Foriegn countries are so intrested in the nation; well the global aspect of it. The world is scared on allb the violence occuring in India. Many investors, along with the U.N have hope that India will become successful in the long run. Britian and the U.S are the main Indian investors. Many British and U.S people also like to visit India to conduct science research and social documentaries.
"Which India will prevail- the India that nurtures global industries and rising affluence or the India of stalled hopes and endemic violence?"
Unfotunatly, I think the violent India will prevail if changes do not start happening. India promised to make progress after the bombing in 1993. This 2008 bombing is a setback to the promise. The U.S, Britian and U.N need to interfer in all of the distructivness occuring in India; if they are so intrested in the economy/ buisness.
Khadijat Olagoke
The article, How Risky is India, discussed the growth and well being of India until the recent attacks on Mumbai on November 26. Many feel that these recent attacks will cause India to go back to their not too great past, somethign the government is tryign hard to deal with. It's difficult for the government when people consider the fact that violence is on ongoign thing with a few bombs here and there or a killing or a riot unjuring and killing many, that go unnoticed to the rest of the world. Many international corporations have offices and locations in India, and the violence is puttign those international corporations at risk, mainly banks and with todays economic situation it would make matters worse, globally, if one of these busniesses were attacked.
November 26th, 2008 was the day that brought India back to its horrid memories from the past and present. With an estimated 173 casualties and several hundred more injuries the terrorist attacks on India’s largest financial city, Mumbai, were one of the worst. Times prior to the attacks were some of India’s best; with an economic increase of 9%, investors, traders and sellers wanted to play and be a part of India’s success. However, with the unexpected barge and rush of the terrorist’s attacks and their depressing consequences the country has been reminiscent on its destructive past. Statistics show that since the beginning of 2008 India has undergone numerous attacks with an outcome of 2,473 fatalities resulting from terrorism, and from 1993, 29,000. It seems that the terrorist chose Mumbai because of it being the main center for finance and trade in India as well as a hot spot for many foreign traders. They were more specifically targeting Americans, Australians and any other foreign people they could obtain. Some were taken hostage and other luckily escaped. With little success they took out the rest of their assault on the citizens of Mumbai as well as Ratan Tata’s Taj Mahal hotel, raiding the area inside out. Ratan Tata stated that he plans to reconstruct the damaged parts of his hotel. Other areas that were attacked include the Chhatrapati Shivaji train station, the Oberoi Hotel, the State Bank of India, the Leopold Café, the Nariman House, the Cama and Albless Hospital as well as the Gokuldas Tejpal Hospital, the Metro Cinema, the Municipal Corporation of Greater Mumbai, Dockyard Road, and the Vile Parle; all taking place over a three day period, from Tuesday until Thursday. Relationships between India, Britain and America remain sturdy although security was vastly increased in its major cities, New York City and London that had previously suffered terrorist attacks. It is now the time for India’s government to take a proactive step forward of getting the country back or continue to let attacks on its cities continue. In my opinion, it’s difficult to give a guess on what will happen to India in the coming years as well as in the future. For the moments that India does have peace and stability, it only seems temporary, followed by some type of harmful aspect that degrades the country, its economy and its citizens. I can only hope that the violence subsides for good and India can regain itself back on its path of righteousness and prosperity.
http://www.nytimes.com/interactive/2008/11/26/world/asia/20081126-mumbai-attacks.html
The article "How Risky is India" is about the common misconceptions of India regarding safety. Many businesses have begun investing in India because for many years now, its economy has been looking very promising. This article dispels many conceptions business people have of India. There is much violence in India that many people do not know about. This is probably because of its vast population. Also, the article says that even though the government was forewarned about the attacks in Mumbai, they did nothing to prevent it. Perhaps since they feel that Mumbai is a powerful city that terrorists would think twice before attacking, but people in India agree that the government could have done more to prevent such attacks. After reading this article, it seems that foreign investors might think twice about setting up business in India. The government also does not help the situation. There have been consistent terror attacks in Mumbai since 1993 and the government has hardly done anything to prevent further attacks from happening. Business managers in Mumbai feel that the government's incompetence is the reason for these attacks and other problems in India, such as inflation. The weak government will affect India’s relationship with nations like the US and Britain, who heavily invest in India.
If India does not deal with the problems at home, they will greatly suffer. The country cannot function only on global industries. There are many human rights and health issues in India that inhibit a modern society. India is becoming a rapid international economic power but if its internal conflicts are not solved, it is likely that India will start receding into its age old traditions.
Veronica- G+ Thoughtful and informative.
Khadijat- E-: Overall, informed, analytical work. Keep in mind, however, that India as a nation was not responsible for the Mumbai attack. It was a terrorist event.
Samantha- N: This blog does not meet the word requirement or reflcet in-depth work with the article. It can be revised for a better grade.
Omar - E: Well researched and informed work. Keep up the good work.
Anam: E-: You're right to say India has a long way to go in terms of meeting the needs of the nation, but how CAN the government please such a large, divided populace?
The Article entitled "How risky is india" explains the recent events that have occurred recently in Mumbai on November 26th, and how it is currently affecting the Indian economy in addition to the relations and ties to the United States and our government. The much larger issue or "picture" is that India's mounting problems with strong violence and great corruption within the party leaders and administration might send its policies and government back to a time in India where bad political tactics and even worse policies were valid.
However, in recent times, India has been increasing on the side of economic business. Outsourcing companies such as DELL, HSBC, and Morgan Stanley.
As the reader nears the end of the article, the question posed: "Which India will prevail?"
-The india which holds incessant violence ?
OR
-The india which holds values of global affairs?
In the end it is up to the reader who decides, but either way india is going to end up as a major power within the world nations.
-Wayne Vivola
Indians government seems to be one that doesn’t enforce the law, leaving basically free range for everyone to do whatever they please. The lack of structure has been a huge the downfall for the nation. Indian has been the home of several bombing, mass killings, and Terriost organizations. India’s has numerous strengths such as, highly educated and skilled engineers and programmers despite the low wages. However, investors from nations such as, Britain and the United States can’t overlook the violence. This results in a lack of business opportunities for India. Unfortunately, India’s weaknesses are over shadowing its strengths.
Wayne - G: again, I'm impressed by the thought provoking questions you included in the post. They reflect a developed journalistic style and humanitarian sentiment.
Paige - N+: This falls short of the word requirement, is late and doesn't reflect the thoughful level of analysis I know you are capable of. Be sure to include
text-based references as evidence of covering the required materials.
It is now 9:30 so I'm ending work for the day and going to relax. Any work submitted after this post will count for the term/ marking period but not for the 8 p.m. deadline I set for make up work to count in effort to prevent failing-status progress reports. If you're here, do the work now so you don't have to worry about it later on in the term.
Good night and good luck :)
Ian Murphy
The article “How Risky is India” describes the events of a siege that occurred just recently in Mumbai on November 26, 2008. It seems that violence has taken place in India for the past 50 years, as a matter of fact. Since 1993, 257 people in Mumbai were killed by 13 bomb explosions in one day, and roughly 29,000 people were killed in terrorist attacks. About 4,500 more were killed in 2002. The sad thing is that these events seem to appear randomly in India to the extent that they are sometimes unnoticed by the general public; it appears we really don’t know how dangerous of a place India can be at times, as explicitly stated in the article. It is through conflicts such as these that the political system of India is shaped, as is its relationships with the United States and the United Kingdom. As a result of these killings, it would seem that the United States have granted India economic support, allowing its economy to increase; same thing goes for the United Kingdom. To that end, it seems that there are two sides of India: one of mindless violence and another of economic significance.
Jeremy Smith
Block G
The article, “How Risky is India”, reflects the difficulty and tensions inside the political and economic infrastructures of India. The recent terrorist attacks on Mumbai refract the entirety of Indian society. It made the world discover more and more of the minority action taken by Indian government, to make aware of those who are not “welcome” or feeling unequal in Indian society. The entire government of India is considered, in its constitution, as a non-secular state. However, the Hindu majority has led many civilians of different religious backgrounds to leave the country in light of “utopia”. Nowadays, India witnesses the conciliation of minorities, the strength of politics over the nation (which reveals to be towards the corruption), an inflating economy, and the reservation system, which allows any person, towards competency, can hold a position of importance. To an extent, almost every held position, including police men, judges, and politicians, has undergone a sense of corruption. This can be seen with the recent Mumbai attacks, where policemen possibly were bought out to aid in the attacks, or to limit resistance against the terrorists. Throughout the years, India has gained nuclear weaponry, and has yet to sign the treaty that defies them the usage of nuclear testing or firing. The reason is due to the fact that Pakistan also has control over nuclear weaponry. If India were to sign it, Pakistan would probably attack. In my opinion, the India that will prevail would be that of global industries. The only difficulty is to share the large continuing space to those of the minorities. Furthermore, I believe separating the country to that of beliefs or placing sanctions would limit the terrorist activity in the union. In a sense, the entire country of India is too large a space, leaving many opinions left unheard towards biased religions.
"How Risky is India" by Mehul Srivastava and Nandini Lakshman details the effects of recent attacks on Mumbai. India's fragility is alarmingly high, caused by a sting of violence that has been in action since 1993; this has led to the deaths of at least 33,500 people. In this main incident, 13 bomb blasts in one day killed 257 people in Mumbai. Of course terrorist attacks are devastating at any time, but especially horrid at this time with an economic increase of 9%. Mumbai was the main center of finance and trade in India as well as a foreign trading spot, which is why they were more specifically targeting Americans, Australians and any other foreign people they could obtain. Some were even taken hostage. They also raided Ratan Tata’s Taj Mahal hotel, and attacked the Chatrapati Shivaji train station, the Oberoi Hotel, the State Bank of India, the Leopold Café, the Nariman House, the Cama and Albless Hospital as well as the Gokuldas Tejpal Hospital, the Metro Cinema, the Municipal Corporation of Greater Mumbai, Dockyard Road, and the Vile Parle. Shock of the attacks caused a security purge in New York City and London, major cities that had previously suffered terrorist attacks. If Mumbai is visited by violence again, the multinationals with regional offices such as Citigroup, Bank of America, ABN, HSBC, Goldman Sachs, Morgan Stanley, and J.P. Morgan Chase could be targets, for they all have offices there. Although India’s industry is booming, all it took was an attack on its prime city to leave everything in shambles.
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