The Volcker report

Updated: Nov 19 2005, 05:30am hrs
The Volcker committee report concerning the oil-for-food programme of the United Nations has nailed former external affairs minister Natwar Singh and the Congress party for having been beneficiaries.

The oil-for food scandal has serious implications for both Mr Singh and the Congress and for India’s foreign policy. A US Congressman has already boasted that he was instrumental in making India vote against Iran at the IAEA. This confirms our worst fears that the US is arm-twisting us. Does it also mean that the US has some damaging details on the financial irregulari ties that may have been committed by some prominent Congress leaders
- RK Mani


Bridging the gap
Thank you for the timely and imperative edit page article by Mythili Bhusnurmath ‘Make
no mistake, the bell tolls for everyone’ (Nov 15). The paradoxical post-reform process vividly exposes the widening regional disparities in India. Though such disparities are inevitable in a federal republic, seeing the uneven spread and in-equalities in our common property resources, we should understand and appreciate the ethical need to share the re-sources among the people in India and also in the world. For that to happen swiftly in India, we need to aban-don the regional political parties and also our caste system.
Otherwise, very soon we will be witnessing clashes between the haves and have-nots, which will be a hundred times worse than the kind witnessed in Paris and other cities of France. We should utilise the media to counsel those addicted to material things, who deprive the have nots of what is their due.
- Prof SK Prakash