Neo-Liberal Terrorism in India

Neo-Liberal Terrorism in India:
The Largest Wave of Suicides in History

By P. SAINATH

The number of farmers who have committed suicide in India between 1997
and 2007 now stands at a staggering 182,936. Close to two-thirds of
these suicides have occurred in five states (India has 28 states and
seven union territories). The Big 5 – Maharashtra, Karnataka, Andhra
Pradesh, Madhya Pradesh and Chattisgarh– account for just about a
third of the country’s population but two-thirds of farmers’
suicides. The rate at which farmers are killing themselves in these
states is far higher than suicide rates among non-farmers. Farm suicides
have also been rising in some other states of the country.

Read the rest on counterpunch.org

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2 Comments

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2 responses to “Neo-Liberal Terrorism in India

  1. Dastagir

    The Japanese economy, the second largest in the world after the United States, is deteriorating at its fastest pace since the first oil crisis of the 1970s, hurt by rapidly shrinking exports and anemic spending at home in the global financial crisis.

    The real GDP of Japan shrank at an annual rate of 12.7 percent from October to December after contracting over 2 previous quarters. In the 4th quarter, GDP dropped 3.3 percent from the previous period.

    What does all this mean ? OUT OF EVIL, COMETH GOOD. WELCOME RECESSION OF 2009. Real Estate Prices will crash like hell in India. No one will buy even the Taj Mahal at Agra (Shah Jahan’s Masoleum) for USD 100-. Homes in Indian Metros will sell for less than USD 50-.

    They had started comparing Indian towns with New York. Now comes the stark reality. But socially, it would be a blessing for India and Indians. A lot of introspection would place. A lot of emotional correction would be made – thanks to this recession.

    Thank you Greedy Dogs of Wall Street !

  2. Dastagir

    The Japanese economy, the second largest in the world after the United States, is deteriorating at its fastest pace since the first oil crisis of the 1970s, hurt by rapidly shrinking exports and anemic spending at home in the global financial crisis.

    The real gross domestic product of Japan shrank at an annual rate of 12.7 percent from October to December after contracting over the two previous quarters, the government said Monday. In the fourth quarter, GDP dropped 3.3 percent from the previous period.

    Welcome Recession 2009. Investment INTO Indian economy will completely stop now. Real Estate would CRASH in India., to the extent that even Taj Mahal (Shah Jehan’s Masoleum) in Agra would not sell for USD 100-. Indian Real Estate was inflated horribly and artificially. They were comparing Indian towns with New York !

    No security to life, honor and property – no infrastructure – unstable societal environment and YET rates similar to New York ? Hunh.

    In New York, if there is a crime, the Police comes in 2 minutes. In India., when an Indian Citizen is burnt alive (Ahsan Jafri, MP., who had the mobile number of Sonia Gandhi whom he called / 2002); the Police looks the other way. Police kills innocents while Babu Bajrangi moves around scot free…

    There can be no Real Estate boom in countries where there is civil commotion / civil war.

    Recession 2009 is good for India from a social viewpoint. People would begin to halt and introspect. India was going too fast… naturally it had to crash… and it crashed badly.

    So good bye to Economy, lets go back to the Hindu Rate of Growth (3% annual growth ie.).. Jai Hind

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