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Light at the end of the tunneL? - POWER CORRIDORS - RR Gifting
RNI No. DELENG/2014/55799 Delhi Postal Regd. No. DL(ND)-11/6168/2018-19-20

                                                                              May 2020 I Rs 50
                                                                         www.powercorridors.in

             POWER
             CORRIDORS

         Light
       at the end
         of the
        tunnel?
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Light at the end of the tunneL? - POWER CORRIDORS - RR Gifting
Light at the end of the tunneL? - POWER CORRIDORS - RR Gifting
Power
Corridors
             www.powercorridors.in
Chairman & Editor-in-Chief : Nandan Jha
                                                               Contents
Consulting Editor : Ravi Shanker Kapoor
Executive Editor : Satish Mishra
Legal Advisor : Dr. Vivek Singh
Business Head : Heena Bhatia
VP Business Development: Navin Kati
AVP Business Development: Ragini Rai
Manager Business Development: Namit Bajaj
Assistant Editor : Prashant Bhardwaj
Special Correspondent : Arvind Sharma
Rajasthan Bureau Chief : Saurabh Indoria
Chief Illustrator & Designer : Rekha
Executive Circulation : Vinod Kumar
Consultant Style : Aakansha Malviya (Maggie)

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                                                                                                       14
Kolkata Office : 24, Sir Hariram
Goenka Street, Kolkata 7
Contact - 9830889999

                                                             Getting out of
Maharashtra Office : 601-602, Origin 108,
Near Bhakti Bhavan, Sindhi Society, Chembur,
Mumbai, Maharashtra 400071

                                                           the corona mess
Contact - 7045916452
Ranchi Office : Kishore Yadav Chowk,
Near New Market, Ratu Road, Ranchi 834005
                                                                                                    Cover story-I
Rajasthan Office : B5, Mangalkunj, Opposite
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Contact - 7600025903
Overseas Branch Offices
Ukraine
Office No. 12, Vidradnyi Avenue 6/1 Kiev,
Ukraine - 01001
+38-0931950005, +91-9210150005
Russia
                                                                                             Ajay Harinath Singh
Grizaduboboi, house 2, office 128,
Moscow, Russia
+79671667777, +91-8527918427
                                                                            Man of accomplishments
Norway, Sweden,
Denmark, Iceland & Finland
                                                                             in business and charity

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                                                       Interview: Vijay Sharma, Director, MoPNG
Printed, Published and Edited by Nandan Jha
on the behalf of Interactive forum on Indian
                                                       Satat is aimed at promoting
Economy Printed at MP Printers (A unit of D. B.
Corp. Ltd.) B-220, Industrial Area, Phase-2, Noida,
                                                       CBG as a green transport fuel
201305 (UP) Published at B-4/14, Safdarjung
Enclave, New Delhi-110029.

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Light at the end of the tunneL? - POWER CORRIDORS - RR Gifting
40
                                                               Great Speeches
                                                               The lady’s not
                                                               for turning

                                                 20
                                              cover story-ii
            India responds vigorously,
            effectively against Covid-19

24
cover story-iii                                                46
Corona: India’s                                                Science & Technology

                             30
global image                                                   From artificial
improves                                                       intelligence
                                                               to human
                             Life & Culture
                                                               augmentation
                             Lord Rama provides

                                                               48
                             succor during
                             corona crisis
                                                               sport

28
                                                               Corona badly
                                                               hits the world
cover story-iv                                                 of sports
Coronavirus badly
impacts realty
sector

                             33
                             An Underrated Classic
                                                               50      Silver screen

                             The Theory of
                             Moral Sentiments

Power Corridors 4 may 2020
Light at the end of the tunneL? - POWER CORRIDORS - RR Gifting
Editorial

                                     Chairman’s Message

                                     C
                                                risis, they say, reveals character. The threat posed by Covid-19 is not an exception.
                                                As nation, indeed the entire world, fights the novel coronavirus, what is good and
                                                noble has come out in the open. There is fright, despondency, and disruption,
                                                and yet there are millions of people from various walks of life—doctors, nursing
                                     staff, paramedics, cops, sanitation workers, mediapersons reporting from ground zero,
                                     et al—who are tirelessly and fearlessly carrying out their duties. They have rightly been
                                     called corona warriors.
    Nandan jha
                                         Supporting them are the auxiliary forces, those who are providing succor to the needy
   facebook.com/jhnandan             and food to the poor. The huge drives by citizens and voluntary groups preparing food and
                                     distributing among the hungry are commendable. Typically, the Rashtriya Swayamsevak
   @Nandan_jha4
                                     Sangh (RSS) has taken lead in this endeavor. RSS activists have been working ceaselessly
                                     to help the poor.
                                         Unfortunately, the corona crisis has also brought out the unlovely aspects to the fore.
                                     Some Chief Ministers are playing on fear and panic, and arrogating more power to
                                     themselves. They are unnecessarily extending the lockdown, unmindful of the baneful
                                     consequences on the economy. It is time they realized that the need of the hour is to
                                     bring things to normal. h

                                     Editor’s Note
                                      T
                                                he resignation of Neil Ferguson from the panel that advised the UK government
                                                on the novel coronavirus has underlined the hypocrisy and arrogance of the
                                                peddlers of lockdown. He is director of the MRC Centre for Global Infectious
                                                Disease Analysis at Imperial College, London. It was his report that terrified
                                     the entire world for its apocalyptic but false predictions. It also began the insensitive and
                                     disastrous lockdowns all over the world. The report had said that as many as five lakh
                                     Britons and 2.2 million Americans could fall prey to Covid-19. Ferguson’s scaremongering
ravi shanker kapoor
                                     was the main factor in convincing Prime Minister Boris Johnson to impose the lockdown
   facebook.com/ravishanker.kapoor   on March 23. Ferguson came to be known as ‘Professor Lockdown.’
                                        The hypocrisy became evident when it was reported that Professor Lockdown’s had
   @libertypartisan                  called his married girlfriend, Antonia Staats, a Leftwing activist, to his residence for…
                                     well, you know what. The man who coaxed Johnson into putting millions of people
                                     under house arrest didn’t follow it. After all, rules are for fools, made by wise men and
                                     women—the men and women like Ferguson and Staats.
                                        Ferguson wants to play God; he wants to save the world from the coronavirus; his
                                     counsel is to lock up everybody so that they don’t infect anybody else. That is, everybody
                                     but himself; being divine, he cannot infect anybody, even if he had tested corona positive.
                                     In a statement, he said, “I acted in the belief that I was immune, having tested positive
                                     for coronavirus and completely isolated myself for almost two weeks after developing
                                     symptoms.” His beliefs are more important than the lives and liberties of others. h

                                                                                                    may 2020 5 Power Corridors
Light at the end of the tunneL? - POWER CORRIDORS - RR Gifting
News in Brief

Tablighi Jamaat
became corona
spreaders
Tablighi Jamaat, the little-known Islamic
organization, came under scanner during a
religious congregation held at its headquarters
in Delhi in March when dozens of people tested
positive for ovid-19. At least 2,000 people, both
from across the country and foreign nations
such as Indonesia and Malaysia, had attended
                                                     Vice-President
the gathering in Nizamuddin that started in early
March and went on for a couple of weeks. Those
people allegedly were responsible for the spread
                                                     calls for building
of coronavirus.
   Maulana Saad Kandhalvi, leader of the group,      a greener,
                                                     cleaner planet
was booked by the Delhi police under the Epidemic
Disease Act. The Tablighi Jamaat (Society of
Preachers) which was founded by a Deobandi
Islamic scholar Muhammad Ilyas al-Kandhlawi
in Mewat, India, in 1926. Its objective was to       Vice-President M. Venkaiah Naidu has called upon
establish a group of dedicated preachers for the     all citizens to collectively strive for building a
revival of Muslim society in accordance with         greener and cleaner planet, saying environmental
true Islam, without the accretions of un-Islamic     protection is a pious civic duty of all. In a message
practices, like Sufi mysticism, by many Muslims.     on the eve of World Earth Day on April 22, he said:
   The organization flourished in what was then      “Let us accord prime importance to protect Mother
undivided India. It has a strong following in both   Nature, re-orient the development models and
Pakistan and Bangladesh. h                           consumerism-driven lifestyles.”
                                                        The Vice-President said that in the wake of the
                                                     Covid-19 pandemic, we have to revisit and reinvent
                                                     our development and economic strategies. Pointing
                                                     to the unprecedented health crisis caused by Covid-19
                                                     pandemic, he said the sweeping lockdowns brought
                                                     the world to a near halt, reduced the pollution levels
                                                     and improved the air quality, making us realize the
                                                     extent to which man has disrupted the ecological
                                                     balance.
                                                        Referring to World Earth Day 2020 theme’s
                                                     focus on Climate Action, the Vice-President
                                                     said: “We must learn from our past mistakes and
                                                     understand the importance of the symbiotic co-
                                                     existence between man and nature. We are living
                                                     in an interconnected world and cannot continue
                                                     with a business-as-usual approach in the quest for
                                                     development and modernization as every action
                                                     impacts the environment”.
                                                        He urged the people to become pro-active
                                                     warriors in the protection of nature. h

Power Corridors 6 may 2020
Light at the end of the tunneL? - POWER CORRIDORS - RR Gifting
News in Brief

Gloom in film
industry in time
of corona
The last week of April saw two of Hindi cinema’s
power performers lose their life. The unconventional
Irrfan Khan and the veteran actor Rishi Kapoor both
breathed their last. While Irrfan lost his life due to
colon infection, Kapoor succumbed to leukemia.
The death of both the stars is a huge loss to the
film industry.
   Irrfan Khan was not only a big star in the country
but also had made a mark in Hollywood. Irrfan was
just 53 and it is hard to believe that a man who was
a powerhouse of talent has gone too soon. He was
trained as a theatre actor in India's prestigious
National School of Drama, but then struggled hard
to make a name for himself and finally emerged as
one of the most refined actors. Despite his status as
one of Bollywood’s most celebrated actors, Irrfan
was known for his humble nature and the news of
his death sent the world of cinema into mourning
prompting actors, fans and politicians across the
world to express their sadness at his death.

                                                         Boris Johnson
                                                         survives Covid-19
                                                         Rumors were rife that British Prime Minister Boris
                                                         Johnson began self-isolating in a flat above No
                                                         11 Downing Street. Yes, he had Covid-19. Earlier,
                                                         the symptoms were nothing to worry about. At
   The iconic Rishi Kapoor, who had a glorious           a time when the deaths from the coronavirus
career in the world of Hindi cinema spanning over        were increasing, his condition was not a cause
four decades, took the legacy of his family forward.     for worry. But suddenly things changed.
He married actress Neetu Singh and the couple did           He had to be admitted to the intensive care
a lot of romantic movies. Their son Ranbir Kapoor        unit. By April 1, the infection had taken a serious
is now one of Bollywood's top stars.                     turn; he needed ventilator support. It was on
   Rishi Kapoor would always be remembered as the        April 8 that the ventilator was taken off. He was
ultimate chocolate boy of Bollywood. From Bobby          discharged from the hospital on April 12 after
to Sagar to Prem Rog, he gave a new definition           spending seven nights there, three of them in
to romance. His roles recent films— Mulk,                intensive care. h
Agneepath—became more serious and it seemed
he wanted to explore every genre. h

                                                                                may 2020 7 Power Corridors
Light at the end of the tunneL? - POWER CORRIDORS - RR Gifting
The Chairman
& Managing
Director of
Darwin Platform
believes that
while it takes
a considerable
amount of
wealth to make a
man more than
comfortable, the
same amount of
wealth can be
used to uplift
the society

Man of accomplishments
in business and charity
Power Corridors 8 may 2020
Light at the end of the tunneL? - POWER CORRIDORS - RR Gifting
Ajay Harinath Singh

                                  PC Bureau

                               @power_corridors

                       jay Harinath Singh, Chairman & Managing Director
                       of Darwin Platform, is a man whose accomplishments
                       speak for himself. Despite belonging to one of the most
                       influential families of India, Ajay worked for a number
                       of companies and founded the Darwin Platform Group
                       of companies, a conglomerate dealing in banking, reality,
                       hospitality, mining, pharmaceuticals, film production,
                       etc. Ajay, who is also the President of the Singh and Sons
Holding, has played a major role in the rise of Singh family’s empire. His family
was considered one of the most prominent business families in India during the
19th century. He also has a rich educational background. In 1997, he attended
K.M. Doongursee College in Dadar where he received a Bachelor’s degree.
He then moved to London where he completed a Master’s degree in 2005.
After completing his formal education, Singh worked for various businesses
including Kraftos London, Cobra plc, Aviva Life Insurance, Metife Insurance,
and Bharti Axa Life Insurance.
   Having a great business mind and the rare quality to identify the customer’s
needs and offering solutions backed with first-class service, Singh methodically
founded other companies including Arms and Darwin Platform Avitronics
Inc. Ajay has been associated with selling the Sukhoi 30 and MIG aircraft from
Russia to other countries.
   Apart from having a great business mind, he has always believed in providing
social service to the needy ones. In this regard, he says, “Throughout my years
of travel for both, work as well as pleasure, I have encountered people struck
down by poverty who have been battling their hunger. No one should have to
be hungry. There’s plenty for everyone on earth.” The AHS Food Charity was
set up in India, to provide food to homeless and needy and has now opened
food kitchens in London (UK) and Philadelphia (US), providing vegetarian
meals to the needy.
   In addition to this, through his foundation, Singh has helped advance
education across fields including business, science, information technology,
communications, intellectual property law and wildlife preservation. Apart
from this, he has successfully built low-cost hospitals in Latur (Maharashtra)
and Bhuj (Gujarat).
   Raising over Rs 250 crore, these hospitals targeted the needs of low-income
families in these areas focusing on providing quality and affordable health
services. For a man who is passionate about social projects, he says “It takes
a considerable amount of wealth to make a man more than comfortable. The
same amount of wealth can be used to uplift the society.”
   Having an asset-based turnover of over Rs 41,000 crore, Darwin Platform
headed by Ajay Harinath Singh also has its presence in Bollywood, Hollywood,
and the Russian film industry. Singh continues to be honored for his numerable
charity contributions in the United States and India and has been bestowed
with Times Power Men and Young Iconic Entrepreneur Awards. h

                                                  may 2020 9 Power Corridors
Light at the end of the tunneL? - POWER CORRIDORS - RR Gifting
35 Nominations
                                 Received

Power Corridors 10 may 2020
may 2020 11 Power Corridors
Interview: Vijay Sharma, Director, MoPNG

Satat is aimed at
promoting CBG as a green
transport fuel
Vijay Sharma, Director, Ministry of
Petroleum & Natural Gas (MoPNG),
is also a member of the Finance
Committee in the Indian Institute of
Petroleum & Energy and Director on the
board of Balmer Lawrie and Mangalore
Refinery & Petrochemicals. Prashant
Bhardwaj of Power Corridors spoke
to him on a number of about
the latest developments
in Sustainable Alternative
Towards Affordable
Transportation (Satat).
Excerpts from the interview:

   Prashant Bhardwaj
       @Prashan45602722

Power Corridors 12 may 2020
What is Satat and why is it important?                           total production capacity of 15 million metric tonne per
The Hon’ble Prime Minister has said that there are four pillars  annum (MMTPA), i.e., equivalent to 54 MMSCMD of gas
of India’s energy future—energy access, energy efficiency,       by 2022-23.
energy sustainability, and energy security. India currently
imports nearly 84 per cent of its crude oil requirement and What are the future plans?
about 50 per cent of natural gas to meet its energy requirement. The government of India launched Satat initiative on October
The government has emphasized on achieving energy security       1, 2018. CBG plants are proposed to be set up mainly through
of the country with a target of reducing import dependence by    independent entrepreneurs. Tentative investment to set up a
adopting a five-pronged strategy which includes, increasing CBG plant is in the range of Rs 15 to Rs 50 crore, depending
domestic production, adopting biofuels & renewables, energy      upon the production capacity, feedstock, and the technology
efficiency norms, improvement in refinery processes, and         used. For example, the estimated capital investment for a
demand substitution.                                             plant (including land) to process 100 tonnes per day of paddy
Further, India has set a target of increasing the contribution straw is about Rs 50 crore. This initiative offers a potential
of gas in India’s energy mix from existing 6.5 per cent (global for investment of about Rs 1.75 lakh crore (5,000 plants) and
average is 23.5 per cent to 15 per cent by 2030. The government generating about 75,000 direct employment opportunity.
of India has launched ‘National Policy on Biofuels-2018’
which emphasizes promotion of                                                             What are the latest developments
advanced biofuels including bio-CNG                                                       under this initiative?
or compressed bio gas (CBG).                                                              Under this initiative, Indian Oil
Satat is aimed at promoting CBG as              Conversion of waste/                      Corporation Limited, Bharat
a green transport fuel for efficient                                                      Petroleum Corporation Limited,
management of biomass and organic                     bio-mass into                       Hindustan Petroleum Corporation
waste.                                           compressed bio gas                       Limited, Gail (India) Limited, and
                                                                                          Indraprastha Gas Limited have invited
What is the process of CBG
                                                 or CBG has multiple                      expressions of interest (EoIs) from
production?                                    benefits. It is a process potential entrepreneurs to procure
Bio-gas is produced through a                    of responsible waste                     CBG at an assured price.
process of anaerobic decomposition                                                        In response, oil PSUs have issued
from waste/bio-mass sources like                   management and                         around 490 letters of intent (LoIs)
agriculture residue, cattle dung,                reduction in carbon                      till February2020. At present, two
sugarcane press mud, municipal
solid waste, sewage treatment, plant
                                            emissions and pollution. CBG                         plants located at Pune and
                                                                                          Kolhapur are operational. The CBG
waste, etc. After purification, it is          It is also an additional they produce is being sold to the auto
compressed and called CBG which                   revenue source for                      sector from September 2019.
has more than 90 per cent methane                                                         The CBG sector is in a nascent stage
content.                                                   farmers                        in the country. Support in the area
Further, CBG has properties similar                                                       of ease of access to finance, biomass/
to the commercially available natural                                                     waste supply chain management,
gas and can be used as an alternative, renewable fuel along marketing of byproducts, and clearances from government
with CNG. As per data available on various waste/bio-mass departments is required for expediting the progress of this
sources in the country, tentative potential for CBG production   sector. To encourage CBG sector, GAIL has initiated an
is 62 million metric tonne per annum.                            exclusive round for solicitation of investment proposals from
                                                                 start-ups operating in the area of renewable and alternate
What are the benefits of conversion of CBG?                      energy sources.
Conversion of waste/bio-mass into CBG has multiple               The Ministry of Petroleum and Natural Gas (MoPNG) is
benefits. It is a process of responsible waste management        coordinating with the Ministries of Finance, Environment,
and reduction in carbon emissions and pollution. It is also Forest & Climate Change, Agriculture & Farmers Welfare,
an additional revenue source for farmers. CBG is a boost New & Renewable Energy, and Housing & Urban Affairs as
to entrepreneurship, rural economy, and employment. It is well as state governments for successful implementation of
also a support to national commitments in achieving climate      the Satat scheme.
change goals. Another benefit is reduction in import of natural The Satat initiative is a step towards creation of ‘Waste
gas and crude oil. It also acts as a buffer against crude oil or to Wealth’ and providing clean fuel. It will also provide a
gas price fluctuations.                                          sustainable solution for crop burning, employment generation,
Satat has envisaged developing 5,000 CBG plants with the boost to overall economy, mitigating climate change. h

                                                                                                 may 2020 13 Power Corridors
Power Corridors 14 may 2020
Cover Story- I
                                                        C ronavirus

     Getting
   out of the
corona mess
   The need of the hour is a quick end to the
  nationwide lockdown and the speeding up
   of reforms for the revival of the economy

                         Ravi Shanker Kapoor
                                    @libertypartisan

 P
                       rime Minister Narendra Modi, in his interaction with
                       the Sarpanchs of Gram Panchayats on April 24, correctly
                       emphasized the need for self-reliance. In the present context,
                       this translates into attracting the capital that would leave China
                       in the aftermath of the corona crisis. This is important not just
                       for boosting the Make in India programme but also decreasing
                       our dependence on China.
                           “This pandemic [Covid-10] has thrown at us new challenges
                       and problems which we have never imagined, but it also taught
us a very good lesson with a strong message. It has taught us that we have to be
self-reliant and self-sufficient. It has taught us that we should not look for solutions
outside the country. This is the biggest lesson we have learnt,” the Prime Minister
rightly said.
    But for this to happen we have to bring the economy back to normalcy or as
near to normalcy as possible. This brings a quick end to the nationwide lockdown
which was imposed to prevent the spread of the novel coronavirus.
    The remedy has proved to be worse than the malady. For the economy, already
in the slow lane, has almost stopped. Businesses have been hurt; many are likely
to be shut down; millions of jobs have been adversely impacted. All this because

                                                        may 2020 15 Power Corridors
Cover Story- I
  C ronavirus

we have succumbed to the fear of the
unknown: the fear that a disease—whose
virulence and damage potential remains
limited so far—may become epidemic           The lockdown has
in the country. Enough damage has            caused enough
been done to the lives and livelihoods
people, especially the poor; the sooner
                                             damage to the lives
the lockdown is lifted, the better for the   and livelihoods
economy, people, and the nation.             people, especially the
   There should have been no lockdown
in India in the first place; it was          poor. The sooner it is
unnecessary. Our fatalities are 0.75         lifted, the better for
per cent of the world’s, while 17 of 100     the economy, people,
people are Indian. The extensions of the
lockdown were even more unnecessary.         and the nation
   Second, the lockdown is happening
only in posh colonies and middle
class localities, where most politicians,    because of the deadly coronavirus is
bureaucrats, decision makers, and media      set to continue throughout the current
Brahmins live. But our country is much       financial year, leading to huge job losses.
bigger than Lutyens Zone and Middle          These were the findings of a survey
India. It is not possible in parts where     undertaken jointly by industry body
most people live—slums, unauthorized         Ficci and Dhruva Advisors.
colonies, crowded localities, etc. Why          The survey added that the magnitude
try the impossible, however desirable it     and speed of collapse in economic
may be?                                      activity in India in the last few weeks
   Third, the lockdown and now its           was unprecedented and almost 72 per
extension are killing the economy. The       cent of the respondents to the nationwide
decline in demand and sales revenue          survey reported that Covid-19 would

Power Corridors 16 may 2020
have a ‘high to very high’ level of impact   populations in developing countries,”
on their businesses.                         said a 2008 paper by the National Center
   Fourth, the lockdown has seriously        for Biotechnology Information (NCBI).
curbed democratic rights and civil           The NCBI is part of the United States
liberties. Besides, it is an affront to      National Library of Medicine, a branch
human dignity. Citizens, especially          of the National Institutes of Health.
younger males, have faced the brunt of           There is a strong possibility that the
police highhandedness. There are videos      lockdown extension would result in
circulating on the social media, and         increase in poverty and, as a consequence,
also appearing in the mainstream news        non-corona diseases taking a heavier
channels, showing cops thrashing and         toll on the poor. Even at present, due to
humiliating young men. This has to stop.     the attention on Covid-18, non-corona
The world’s largest democracy should         patients are not getting proper medical
not become the world’s largest prison.       attention.
   Fifth, whatever benefits the lockdown         Owing to the lockdown, pauperization
may have brought in the fight against        is already visible; there are long queues
Covid-19, its extensions may erode them.     of poor people at places where food is
                                             distributed. Restarting the economy is
                                             the only viable way to preclude mass
                                             starvation.
The lockdown is                                  Therefore, it is time the Narendra
happening only in                            Modi government started a graded,
                                             cautious process towards normalcy.
posh colonies and
middle class localities,
where most politicians,
bureaucrats, decision
makers, and media
Brahmins live. But our
country is much bigger
than Lutyens Zone and
Middle India

No disease can be fought without money,      The fight against Covid-19 can continue
and the government doesn’t have infinite     without bringing the country to a halt.
resources; as it is, the fiscal situation       To attain the laudable goal of self-
is precarious. A poorer government,          reliance, it is important to note two
however noble its intentions may be,         things: what not to do and what to do;
will not be able to help the weakest and     and both are equally important.
most affected and vulnerable sections           While striving in that direction,
of society. The longer the lockdown, the     his government has to beware that the
greater the misery.                          new mantra doesn’t become a revival
    Sixth, more people may die of diseases   of the deleterious Nehruvian policy of
other than Covid-19. About 4.5 lakh          import substitution. While we should
people died in 2018 of tuberculosis or       look for solutions inside the country, we
TB. “The primary diseases of poverty         should not become xenophobic, which
like TB, malaria, and HIV/AIDS—and           in India usually means distrust of and
the often co-morbid and ubiquitous           contempt towards anything Western. It
malnutrition—take their toll on helpless     happened when Jawaharlal Nehru was

                                                       may 2020 17 Power Corridors
Cover Story- I
   C ronavirus

Reformist Chief Ministers: Amarinder Singh, Vijay Rupani, Yogi Adityanath and Shivraj Singh Chouhan

prime minister. An unabashed socialist,                                                   economic reforms. Thankfully, three
he not only hated capitalism but also                                                     states have taken the initiative to carry
the countries that were its votaries—all                                                  out changes in the archaic and inflexible
Western nations, especially the US.
                                              It is imperative that                       labor laws. It is interesting to note that
    This not only led to the rise of the      the government                              three states—Uttar Pradesh, Madhya
traitorous V.K. Krishna Menon, the            expedites economic                          Pradesh, and Gujarat—are ruled by
man responsible for the 1962 debacle,                                                     the Bharatiya Janata Party. What this
but an army of intellectuals steeped in       reforms. Thankfully,                        suggests is that the Modi regime is not
anti-Americanism. It is galling to such       three states have                           opposed to a big dose of liberalization.
thought leaders that India and America
are much closer today than the two
                                              taken the initiative                            This is significant because labor laws
                                                                                          have remained practically untouched
countries were seldom before.                 to carry out changes                        by successive governments since the
    Intellectuals, along with the Congress    in the archaic and                          economy was opened up in 1991. This
leadership which promoted them for                                                        was due to the protests by vocal trade
decades, were horrified when in February      inflexible labor laws                       unions and politicians’ fear that a flexible
the Modi regime feted US President                                                        labor regime would attract the charge of
Donald Trump, the leader of the country                                                   being anti-poor and pro-capitalist. Now,
they hate the most is given so is being       reliance by promoting domestic basic        the employers could raise working hours
feted by (It is another matter that the       and capital goods industries. At the        by four hours a day and up to 72 hours
same America haters strove and strive         same time, the domestic units producing     a week in overtime for workers who are
to settle their kids in America).             consumer goods were to be protected.        willing. This also paves the path for third-
    Quite apart from the rabid the anti-      The assumption was that the cost            party inspections for new units.
Americanism which was occasioned              disadvantage in protecting the consumer        Still better, the Punjab government
by disdain for capitalism, the generally      goods sector was comparatively less than    under the Congress is also contemplating
anti-Western attitude of ruling class also    in capital and basic industries. Another    modifications in its excise policy and
resulted in ruinous economic policies         assumption was that consumer goods          flexibility in labor laws.
whose baneful consequences are felt even      are inessential whereas capital and basic      These are good developments. For
today. From the laudable principle of self-   industries are essential.                   a change, the BJP, the Congress, and
reliance to dislike of the West to hatred         The fatal flaw, however, was the        other parties should stop politicking for
for America to the disgrace of 1962 and       centrality of role accorded to government   some time and start working together
starvation-like conditions in the 1960s,      in general and public sector undertakings   to resuscitate the economy which has
the process was smooth. But it was the        (PSUs) in particular. In the name of        been devastated by first the coronavirus
efflorescence of the poisonous seeds of       industrializing the country, politicians    and then a series of lockdowns. This
socialism that were planted by Nehru          and bureaucrats, advised by pinkish of      would augur well for the economy and
and his cronies in the policy framework       economists, created red tape so long,       the country. A few announcements
as well as in public discourse.               strong, and tortuous that the even almost   pertaining to reforms and a bit of
    In the 1950s, Nehru adopted import        three decades of liberalization have not    consensus on economic policy—as
substitution industrialization (ISI).         been able to do away with it.               evidenced by the developments in the
India adopted the strategy of ISI in              This brings us to the question: what    above-mentioned four states—hint at the
the fifties. The idea was to achieve self-    to do? The answer is simple: expedite       light at the end of the tunnel. h

Power Corridors 18 may 2020
may 2020 19 Power Corridors
Cover Story- II
     C ronavirus

  India responds
  vigorously, effectively
  against Covid-19
  While richer countries with huge resources have
  lost tens of thousands of lives, India has fared
  well against the pandemic because of dynamic
  leadership

                Alok Bansal
The author is Director, India Foundation, and an Adjunct
   Professor at New Delhi Institute of Management

                      @alok795

    T
                      he current global crisis
                      due to the Covid-19
                      pandemic is unparalleled
                      and has affected every
                      country and has locked
                      down over half of
                      world’s population. The
                      pandemic has shown
                      that an invisible virus
  can bring even the most powerful states on
  their knees. Almost entire Europe is under
  lockdown and two largest economies, the
                                                           Dynamic
  US and China, are badly hurt. In such trying
                                                           leadership
  times, India, a developing country with the
  second largest population, under the dynamic

  Power Corridors 20 may 2020
Lockdown in Bhopal

leadership of Prime Minister Narendra                                                   either vacillating or trivializing the threat.
Modi, has successfully thwarted its                                                     According to Brian Tracy, “The true test
impact to gain reaction time and            From January 17,                            of leadership is how well you function
flatten the curve. Unfortunately, India’s                                               in a crisis”.
achievement has often been belittled by     Indian airports were                           On January 8, just a day after China
doubting the statistics or giving bizarre   screening passengers                        declared the outbreak, the Indian
rationale for low mortality, without                                                    government called the meeting of health
realizing that the deaths and disease
                                            from China and Hong                         crisis management group. From January
cannot be hidden in democracies.            Kong, much before                           17, Indian airports were screening
    Inherent prejudices make it difficult   the World Health                            passengers from China and Hong
for the West to acknowledge success of                                                  Kong, much before the World Health
a developing nation. India had its first    Organization declared                       Organization declared Covid-19 as Public
positive case on 30 January; Italy and      Covid-19 as Public                          Health Emergency of International
Spain had it a day later. At the time                                                   Concern (January 30). Surveillance was
of writing of these lines, in Italy cases
                                            Health Emergency of                         extended to passengers from all affected
are touching 200,000, with over 26,000      International Concern                       countries and visas were suspended. All
deaths. The cases in Spain have crossed                                                 passengers at ports, airports and land
225,000 with over 23,000 deaths, whereas                                                borders were being screened; by April 6,
India with almost 30 times the population                                               when the lockdown was firmly in place,
and one thirteenth per capita income        touching 1,000,000 with over 55,000         over 1.5 million passengers at the airports,
has around 28,000 cases and fewer than      deaths. India’s success is no miracle,      44,000 at ports, and over 2 million at land
900 deaths. Comparatively, in US with       but the result of decisive leadership,      borders had been screened.
one fourth the population and 30 times      which realized the gravity of situation        From just one laboratory capable of
per capita income, those infected are       and acted, while leaders in the West were   testing the virus in January, there are

                                                                                                   may 2020 21 Power Corridors
Cover Story- II
   C ronavirus

over 200 laboratories both in public and      of the population gets left out, in absolute   Against a global average of 387 cases
private sector, doing so today. Not only      terms it appears large. Consequently,          and 26.7 deaths per million people on
that, there are over 200,000 isolation        minor discomforts were often blown up,         April 27, India has only 21 cases and
beds for Covid patients in government         without highlighting the achievements.         0.6 deaths. Comparatively, the US has
hospitals, hundreds of hospitals have been        India, by taking timely action, has        2,992 cases and 169 deaths, the figures
geared up to deal with Covid cases. A         successfully avoided a major catastrophe.      for Spain are 4,907 cases and 503 deaths,
large number of quarantine and isolation                                                     for Italy 3,269 cases and 441 deaths, and
facilities has been set up and thousands of                                                  for France 2,483 cases and 350 deaths per
ventilators have been procured.                                                              million. Even in China and South Korea,
    More significantly, India sent medical    India, by taking                               which are being lauded for controlling
supplies to China and offered help                                                           the pandemic, the numbers are 58 cases
to all the Saarc countries. Even more
                                              timely action, has                             and 3 deaths and 209 cases and 5 deaths
significantly, while many rich countries      successfully avoided                           respectively. Pre-emptive actions by
left their citizens languishing in affected   a major catastrophe.                           India have considerably slowed down
countries, India evacuated its citizens                                                      the spread.
from affected places like Wuhan, Italy,       Against a global                                  However, it is time to look beyond;
Iran and even Diamond Princess Cruise         average of 387 cases                           there is a huge pressure to open up the
Liner. Quarantine and isolation centres                                                      economy and lift up the lock down. That
were set up for such returnees on war
                                              and 26.7 deaths per                            could be catastrophic and undo the gains
footing by Indian armed forces. Even          million people on                              of past six weeks. Firstly, the number
citizens from neighboring countries were      April 27, India has                            of active cases is still rising; secondly,
evacuated when requested.                                                                    because it has still not been established
    Unlike other countries, PM Modi           only 21 cases and 0.6                          that anyone infected by Covid acquires
rightly assessed the gravity and addressed    deaths                                         immunity against it after being cured of
citizens on March 19 apprising them                                                          infection. The Spanish Flu of 1918, which
about the crisis and urging them to
exercise self-restraint and stay indoors
on Sunday, March 22. His appeal had
tremendous impact, resulting in a
voluntary people’s curfew. As the virus
kept spreading, he took a bold decision
and despite its obvious adverse impact
on the economy, declared three weeks
complete lock down on March 24, which
has since been extended till May 3.
    To ameliorate the sufferings of
daily wage earners, the government
established mechanism for providing free
food and shelter to them, but humans
when faced with crisis, tend to seek
the comfort of familiar surroundings.
Most of them wanted to go back to
their villages and thousands of buses
and vehicles were mobilized to take
around 500,000 migrant workers from
cities to their homes after providing
them with masks, sanitizers and rations.
During the lockdown, stores providing
essential goods have kept functioning
and arrangements have been made to
supply them at people’s doorsteps.
Considering India’s population, it is a
mammoth task and even if 0.001 per cent
                                                   Lockdown in Vadodara

Power Corridors 22 may 2020
infected one third of humanity, killed far    must continue hitherto and implemented     be conducted in phased manner, while
more people in the second wave than           with greater vigor.                        ensuring physical distancing. Normal
in the initial spread of pandemic. More          All over the country, the educational   air travel and railway services should
significantly, with number of trials going    institutions must be kept shut for next    remain suspended, the government
on worldwide for a vaccine, one could         two months. Kindergarten and primary       could consider operating labor trains
be in market by September and a line of       schools may be opened in districts         with just 40-50 passengers per coach,
treatment could have been established         without any cases. Board exams may         for moving migrant laborers from one
by then.                                                                                 point to another for crop harvesting.
   It is, therefore, essential to restart                                                Trucks have already been allowed to
normal life in phased manner. Firstly,                                                   operate with just drivers and a cleaner,
more than 300 districts where no case         This time could                            but must be checked at borders for
has been found, all activities must be        also be utilized to                        Covid symptoms. Disembarkation
permitted, except which involve large                                                    points on roads may be set up outside
congregations. Visits to theatres, sporting   bring about much-                          the city limits for disembarkation of
arenas, and religious places must be          needed structural                          cargo and sanitization of trucks. Pre-
banned. Inter-district movement of                                                       sanitized vehicles must shift the goods
personnel should be curtailed, while
                                              changes in our urban                       from the disembarkation points to their
inter-state movement should be avoided        conglomerates,                             destinations within the city.
as far as possible. In districts, where no    which urgently need                            E-commerce needs to be encouraged,
new cases have been found in last one                                                    so that people can get their requirements
week and the total number of cases are        decongesting. Today                        at home. Industries outside the cities
small, some activities may be allowed,        most of India’s cities                     in dedicated industrial clusters may
while keeping the markets closed and                                                     be permitted to operate with reduced
public transport restricted. In districts
                                              are tinder boxes                           manpower to ensure social distancing
with large number of cases, the lock down                                                norms. The service sector, especially the
                                                                                         IT firms, must be encouraged to work
                                                                                         from home, with only bare minimum
                                                                                         personnel at their premises. Most
                                                                                         importantly, the use of masks must be
                                                                                         made mandatory for all outside their
                                                                                         homes, even when they are in work places
                                                                                         or in vehicles. All public and commercial
                                                                                         establishments must be directed to
                                                                                         provide sanitizers at the point of entry.
                                                                                             This time could also be utilized to bring
                                                                                         about much-needed structural changes in
                                                                                         our urban conglomerates, which urgently
                                                                                         need decongesting. Today most of India’s
                                                                                         cities are tinder boxes. There are areas,
                                                                                         where neither ambulances, nor fire
                                                                                         brigade can reach. Encroachment and
                                                                                         unplanned development results in traffic
                                                                                         crawling through, contributing to fuel
                                                                                         wastage as well as enhanced pollution.
                                                                                         During the lockdown, plans need to be
                                                                                         prepared to shift crowded markets and
                                                                                         industries out of municipal limits. The
                                                                                         archaic rent control acts, which have
                                                                                         prevented repairs or modernization,
                                                                                         need to go, so that planned cities can be
                                                                                         created. It is essential that India should
                                                                                         not only tide over the problem, but also
                                                                                         emerge stronger after this pandemic. h

                                                                                                    may 2020 23 Power Corridors
Cover Story- III
  C ronavirus

                              Corona: India’s
                                global image
                                    improves
                                     India has not only done well to
                                fight the corona pandemic but also
                                       helped others to do the same

                                                     Ved Pratap Vaidik
                                         The author, a former editor of Navbharat Times and PTI,
                                         has been a mediator between prime ministers, the RSS,
                                                       the VHP, and Muslim leaders

Power Corridors 24 may 2020
S
                          everal people have      image of a redeemer of the world.
                          asked me: what              Fourth, the promptness
                          will be the impact      shown by the government
                          of corona crisis        of India in bringing back
                          on India’s foreign      thousands of Indian
                          policy? It is a hard    immigrants from
                          reality that the war    abroad is also being
                          against coronavirus     appreciated.
                          is so serious that          Fifth, the world
during the last one month we all were             wonders why the
bogged down with internal problems.               devastation of corona is
Nevertheless, it is clear that India's world      so low in this developing
image has improved during this crisis.            nation of 140 crore people. This
    First, during this crisis the whole of        despite the meagre medical facilities, as     Overseas Indians
India is fighting together. The attitude of       compared to those in Western nations.         settled abroad are also
the ruling party and the Opposition in            This is being discussed all over the world.   less prone to the coronavirus. The
India is not the same as in countries like            Sixth, the spices used in Indian food     victory song of Ayurveda is ringing all
America, Britain, Pakistan, and Brazil.           are working as domestic medicines.            over the world.
Prime Minister Narendra Modi is fully                                                               Seventh, India took the initiative
supported by the Chief Ministers of all                                                         to caution the Saarc nations against
parties.                                                                                        corona and donated large amount to
    Second, the devotion with which               The promptness shown                          the Saarc Fund. The Prime Minister is in
the people of India are observing the                                                           constant touch with the leaders of Saarc
lockdown has become an example for                by the government of                          nations. It is having a positive impact on
other countries. The World Health                 India in bringing back                        neighboring countries.
Organization has praised India in
unambiguous terms.
                                                  thousands of Indian                               Eighth, the corona is being given a
                                                                                                color of Hindu-Muslim conflict due to
    Third, India has prepared corona test         immigrants from                               the gathering of Tablighi Jamaat. But the
kits and crores of masks in no time. Crores       abroad is also being                          government has not encouraged it at all.
of quinine tablets are sent from India to                                                       The Tablighi leader, Maulana Saad, has
55 countries, including America. In the           appreciated                                   not been arrested yet. Bitterness between
true sense, it is first time that India got the                                                 religious communities is being promoted
                                                                                                by some people. Those criticizing India
                                                                                                should also recognize the fact that some
                                                                                                poor and illiterate Muslims of India
                                                                                                have been so much misled that they are
                                                                                                attacking the doctors and nurses who
                                                                                                come to treat them.
                                                                                                    Ninth, no country in the world is
                                                                                                accusing India for the coronavirus in
                                                                                                the same way as China and America are.
                                                                                                India is above corona politics.
                                                                                                    Tenth, the Indian government has
                                                                                                imposed several restrictions on the
                                                                                                investments from countries such as
                                                                                                China so that they do not capture Indian
                                                                                                companies.
                                                                                                    Eleventh, India will definitely benefit
                                                                                                from the blow to China in world trade.
                                                                                                Overall, during the corona crisis, India’s
                                                                                                image has improved in the world. h

                                                                                                          may 2020 25 Power Corridors
6th Anniv
Power keeps Coming
versary
 to Power Corridors
Cover Story- Iv
  C ronavirus

Coronavirus badly
impacts realty sector
Careful planning, an optimistic approach and, more
importantly, individual efforts to contain the virus should
be our priority in the present time

                      Pooja Agrawal
                  Real Estate & Construction Expert

 T
                      he outbreak of the Covid-19 pandemic and
                      the ensuing lockdown have adversely affected
                      the already deteriorating conditions of real
                      estate. It was still suffering from the baneful
                      effects of demonetization, restrictions on cash
                      transactions, and stricter housing laws. Now
                      this industry is also facing a liquidity crunch
                      due to payment defaults by big investors and
                      the general economic slowdown; this has led
to a pile-up of unsold apartments. The nationwide lockdown to
curb the spread of novel coronavirus has further hurt real estate.
It may be mentioned here that realty is a top contributor to India's
gross domestic product or GDP.
    From the economy to education, market trends to the sports world,
governmental policies to household living patterns—everything has
been derailed from the normal routine. The impact of Covid-19
on the global markets and commercial activity is responsible for
exposing the construction sector to a number of challenges, which
may worsen if the spread of the disease is not curbed.
    Perhaps the biggest concern is regarding the stalled projects.
Lockdown enforcement is hurting the prospects of timely fulfillment
of various projects. For the government-commissioned projects, a

Power Corridors 28 may 2020
missed deadline may not be severely dealt       so as to prevent any spread while working     materials, processed equipment (that are
with but for private sponsors, it’s going       on a project. This involves scenarios where   imported from foreign countries) are the
to take a huge loss. Stalled or canceled        construction firms need to spend extra        only respite till the lockdown is lifted.
projects will automatically result in losses    bucks to provide masks, gloves, PPE gears,    Even materials obtained locally are not
for the companies.                              sanitizers, etc., for the workers. Thermal    accessible due to government curbs on
    Getting projects from paperwork onto        scanners, medical facilities, disinfection    interstate and inter-district movement.
the ground sites is another challenge in        tunnels need to be kept available 24X7.           Another challenge faced by the real
many spheres. This depends mainly on               The availability of material and the       estate sector is the overburdened contractor
two factors—availability of labor and           associated supply chain bottlenecks cannot    who is responsible for maintaining the
material.                                       be overlooked in these turbulent times.       proper functioning of not only his key
    In this situation, the labor issue is       Depending on the region, the availability     staff but also those at the subcontractor
a major area of concern, especially for         of material is yet another major task. The    level. The subcontractors who are critical
realty which is labor-intensive. What do        present stocks of specialized construction    for the delivery of any project are currently
companies do when contract workers go                                                         under immense stress. Many are on the
back to their hometowns? Some of the                                                          verge of bankruptcy that may occur either
companies have started providing shelter                                                      immediately in case of a site shut down or
and food for the laborers stuck at the sites.   Perhaps the biggest                           after a period of time. In case a site shuts
    Yet, the labor force currently can’t        concern is regarding                          down, the construction sector workforce
be commissioned, as their presence at                                                         is left vulnerable to the vagaries of the
a site clearly defies the social distancing     the stalled projects.                         market as most of the work must take
protocol that needs to be followed.             Lockdown enforcement                          place on-site and cannot be done remotely.
However, in projects that follow the                                                              Investment and funding in the
distancing protocol, construction firms
                                                is hurting the prospects                      construction sector is yet another
need to keep a thorough check on their          of timely fulfillment of                      problem being encountered. With the
employees—both permanent as well as             various projects. Stalled                     world slipping into a phase of recession
commissioned.                                                                                 and clients delaying investment decisions,
    This is critically important for the        or canceled projects                          a number of MNCs are lying low and
unorganized workforce employed in               will automatically                            adopting safer practices. The same is
the form of daily wagers. Construction
firms need to keep their accommodation,
                                                result in losses for the                      the case with bank investments. The
                                                                                              construction sector is also facing the
sanitation and, more importantly, their         companies                                     challenge of bringing about necessary
travel history (state/regional) documented                                                    changes that need to be carried out
                                                                                              for both the capital and corporate cost
                                                                                              budgets. The companies presently need
                                                                                              to review their expenses so as to create a
                                                                                              balance in this turmoil.
                                                                                                  Assessing the impact of coronavirus,
                                                                                              the resultant economic effects have been
                                                                                              the major cause of concern worldwide.
                                                                                              With the setting in of the global recession,
                                                                                              it won’t be wrong to say that the biological
                                                                                              virus is slowly creating a sort of economic
                                                                                              virus and causing substantive damage. The
                                                                                              overall picture of the current affairs clearly
                                                                                              shows that in this time of uncertainty,
                                                                                              our plans and strategies can only be short
                                                                                              term.
                                                                                                  Time will tell if the global picture gets
                                                                                              better or worsens further. Till then, careful
                                                                                              planning, an optimistic approach and,
                                                                                              more importantly, individual efforts to
                                                                                              contain the virus should be our priority
                                                                                              in the present time. h

                                                                                                         may 2020 29 Power Corridors
Lord Rama
provides succor                         Prashant Bhardwaj
                                             @Prashan45602722

during corona
                                 T
                                         he coronavirus pandemic has brought
                                         the whole world to a standstill. Some

crisis
                                         of the most developed nations of
                                         the world are facing its dangerous
                                 effects. India, though, was quick to close
                                 its international borders and enforce an
                                 immediate lockdown, which the World
The telecast of Ramayana and     Health Organization praised as “tough
                                 and timely.” The lockdown has also given
Mahabharata on Doordarshan has   the government time to prepare for a
                                 possible surge in cases when the pandemic
revived interest in the epics    is forecasted to peak in the coming weeks.
                                 The lockdown help helped keep the situation
                                 under control.
                                     During the lockdown, one of the biggest

Power Corridors 30 may 2020
Life & Culture

mythological dramas, Ramayana, is               the BARC data released on April 23. Time       freshened the memories of that era for
being re-telecast on television and the         spent on such shows has consistently been      those who watched the serial then but
serial is receiving huge response from          increasing. In week 15, time spent on          also introduced the current generation to
the audience. Written, produced, and            mythological shows increased by 43 per         the religious texts. That is evident in the
directed by Ramanand Sagar, it was              cent as compared to the previous week.         manner in which the show has broken
first aired on Doordarshan in 1987; it          Amid mythological shows, Ramayana              records to become the most-watched
acquired a cult status over the years.          and Mahabharata are major contributors.        show on television at the moment.
    During this period of isolation, the        So, viewership is high and that is enough          Ramayana is set to complete a month
characters which once played the roles          for advertisers to get interested in content   during its ‘Season 2’ after being renewed
in this TV serial and were worshipped           belonging to this genre.                       for telecast from March 28. The show
as demigods are once again back into               Apart from this, the cult show’s rerun      airs on Doordarshan National at 9 a.m.
limelight. The show’s Ram and Sita,             has made viewers get creative on various       and 9 p.m. every day. The duo of Govil
Arun Govil and Dipika Chikhalia, have                                                          and Chikhilia has also been sharing
been receiving love from netizens as they                                                      anecdotes, throwback pictures and more
enjoy the show. The show also featured                                                         from those days.
Lalita Pawar as Manthra, Dara Singh as          The repeat telecast of                             While netizens had the usual reactions
Hanuman, and Arvind Trivedi as Ravana.                                                         like terming the picture ‘beautiful’ and
The show returned to TV last month and          Ramayana on TV is                              calling the duo the ‘best on-screen
it airs on DD National twice a day.             not only keeping the                           couple’, they also had some interesting
    In the TRP list, this serial consistently   audience entertained,                          observations. The main one was of the
remains number one, leaving all TV                                                             characters playing Lakshman, Bharat,
shows behind. During a recent survey            but these shows                                and Shatrughan standing behind them
done by a leading website, re-telecast of       are also attracting                            and watching the trio with intense focus.
Ramayana was among one of the most                                                             Recently, Govil openly expressed his
searched things on the internet. As a
                                                attention from the                             opinion on this question asked by the
large number of people found themselves         advertisers                                    journalist of a magazine.
isolated in their homes, Ramayana is                                                               In a question, he was asked that
being watched a lot.                                                                           Ramayana is being widely telecast the
    The repeat telecast of Ramayana on          social media platforms. It has become part     second time around. Time has changed,
TV is not only keeping the audience             of hundreds of memes over social media.        the audience have changed. Do you
entertained, but these shows are also           During this time, the artists who played       feel the difference between the current
attracting attention from the advertisers.      various characters are also sharing their      audience response and the response
For advertisers, it is all about viewership     personal journey. Arun Govil gets active       thirty three years ago? Responding to
and since their re-launch on TV, both           on the social media after every episode.       this, Govil wrote, “Time and audience
Ramayana and Mahabharata have kept              His tweets attract a lot of attention. For     may have changed, but sentiments have
viewers glued to TV sets. Even in the week      instance, he tweeted, “Neither a state         not changed. More people
starting April 11, mythological shows           government or central government has           are saying me God
were the main source of entertainment           given me any respect till date. I am from      than they were
among Hindi general entertainment               Uttar Pradesh, but even that government        saying thirty
channels (GECs).                                has not given me any respect till date. I      three years
    Shows in this category recorded 109         have been in Mumbai for fifty years, but       ago. Today,
billion viewing minutes and as many             even the Government of Maharashtra has         the viewership
as 353 million viewers watched shows            not given any respect”.                        has increased
belonging to this category, according to           The rerun of Ramayan has not just           a lot”. h

                                                                                                         may 2020 31 Power Corridors
Power Corridors 32 may 2020
An Underrated Classic

The Theory of
Moral Sentiments
In 1776, Adam Smith (1723-90) is
famous for his magnum opus, The
Wealth of Nations, which provides a
theoretical basis of capitalism. We are                 Adam Smith

                                          H
taught in schools and colleges that
capitalism is all about profit-making                  ow selfish soever man may be
                                                       supposed, there are evidently
and exploitation of the working class,                 some principles in his nature,
                                                       which interest him in the
that it is amoral, if not downright                    fortune of others, and render
immoral. Nothing could be farther                      their happiness necessary to
                                                       him, though he derives nothing
from the truth. For The Wealth of         from it except the pleasure of seeing it. Of
                                          this kind is pity or compassion, the emotion
Nations was suffused with a moral         which we feel for the misery of others, when
                                          we either see it, or are made to conceive it
philosophy that he had expounded in       in a very lively manner. That we often derive
another classic in 1759, The Theory       sorrow from the sorrow of others, is a matter
                                          of fact too obvious to require any instances to
of Moral Sentiments. It showed that       prove it; for this sentiment, like all the other
                                          original passions of human nature, is by no
he was not just an economist but          means confined to the virtuous and humane,

a philosopher, and the economic
                                          though they perhaps may feel it with the most
                                          exquisite sensibility. The greatest ruffian, the
theory of capitalism he propounded        most hardened violator of the laws of society,
                                          is not altogether without it.
was deeply philosophical. In this             As we have no immediate experience of
                                          what other men feel, we can form no idea of
book, he discussed the principles of      the manner in which they are affected, but

“human nature,” which he regarded
                                          by conceiving what we ourselves should feel
                                          in the like situation. Though our brother is
as a universal. Following are excerpts    upon the rack, as long as we ourselves are at
                                          our ease, our senses will never inform us of
from Smith’s earlier book:                what he suffers. They never did, and never
                                          can, carry us beyond our own person, and it is

                                                         may 2020 33 Power Corridors
An Underrated Classic

by the imagination only that we can form
                                                 ‘Of all the calamities to which the
any conception of what are his sensations.       condition of mortality exposes
Neither can that faculty help us to this         mankind, the loss of reason appears,
any other way, than by representing to           to those who have the least spark of
                                                 humanity, by far the most dreadful’
us what would be our own, if we were in
his case. It is the impressions of our own
senses only, not those of his, which our
imaginations copy. By the imagination
we place ourselves in his situation, we
conceive ourselves enduring all the same
torments, we enter as it were into his
body, and become in some measure the
same person with him, and thence form
some idea of his sensations, and even
feel something which, though weaker
in degree, is not altogether unlike them.
His agonies, when they are thus brought
home to ourselves, when we have thus
adopted and made them our own, begin
at last to affect us, and we then tremble
and shudder at the thought of what he
feels. For as to be in pain or distress of any
kind excites the most excessive sorrow, so
to conceive or to imagine that we are in it,
excites some degree of the same emotion,
in proportion to the vivacity or dullness
of the conception.
    That this is the source of our fellow-
feeling for the misery of others, that it
is by changing places in fancy with the
sufferer, that we come either to conceive
or to be affected by what he feels, may
be demonstrated by many obvious
observations, if it should not be thought
sufficiently evident of itself. When we
see a stroke aimed and just ready to fall
upon the leg or arm of another person,
we naturally shrink and draw back our
own leg or our own arm; and when it
does fall, we feel it in some measure, and
are hurt by it as well as the sufferer. The
mob, when they are gazing at a dancer
on the slack rope, naturally writhe and
twist and balance their own bodies, as
they see him do, and as they feel that they
themselves must do if in his situation.
Persons of delicate fibres and a weak
constitution of body complain, that in
looking on the sores and ulcers which
are exposed by beggars in the streets,
they are apt to feel an itching or uneasy
sensation in the corresponding part of
their own bodies. The horror which

Power Corridors 34 may 2020
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