Monday, May 18, 2009

The Week Gone By

  • UPA has comeback to power at the center with a decisive mandate. Manmohan Singh is set to be the Prime Minister again. He is the only PM to come back to power after Nehru, after serving a full 5 year term.
UPA - 262, NDA - 157, ThirdFront - 67
This was Congress best performance in 18 years.

Cong - 206, BJP - 116
Even in AP, Cong has come back to power.

Cong - 157, TDP - 90, PRP - 18, TRS - 10, LSP - 1
  • Biggest and most complex Elections Process in Largest Democracy has finally ended.
    Election commission has done a commendable job, despite some irregularities. Voter turnout is about 58.43%, a slight increase than previous election.
  • Despite recession, one sector that seems to be growing in India is Telecom. India added 8.97 million subscribers in April alone.
  • Nearly 20 children who acted in the Oscar-winning 'Slumdog Millionaire' have been thrown on the streets after Mumbai civic authorities demolished nearly 50 huts in a slum , terming the slum unauthorised.
  • YV Reddy, former Governor of RBI, widely acclaimed to be the man behind saving our banks from financial meltdown, authored a book called ‘India and the Global Financial Crisis: Managing Money and Finance', illustrating the reasons for this crisis and ways India can get out of this, amongst others.

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