Three interesting developments around Deepavali

By ssemergic


35-year old Kiran Desai, educated in India, UK and USA gets Britain’s prestigeous Man Booker Prize for her book “The Inheritance of loss”; Kiran Desai is the daughter of Anita Desai who had been nominated for Booker Prize three times earlier, though she never got the Prize

Professor Muhammad Yunus, Professor of Rural Economics at Chittagong University and Founder of Grameen Bank that pioneered micro-credit – lending small amounts to groups of five people, mostly women, without collaterals – got Nobel Peace Prize, the first for Bangladesh. What is remarkable about Grammen experiement is the statement by Professor Yunus “One day our grandchildren will go to museums to see what poverty was like.”

Tata Steels acquires UK-based Corus Group for 4.3 Billion Pounds (Rs 35,000 crores), the largest-ever acquisition by an Indian company. Hopefully Indians will not continue fancy fears of globalization and talk of “invasion by East India Company”; Indian company is acquiring UK company!

These three developments -

    an India-educated American winning the highest global award in English language
    a Professor from one of the poorest countries in the world (Bangladesh) who pioneered an “out-of-box” idea in financing gets the Nobel Prize
    an Indian company is acquiring an English company with a turnover of nearly 10 billion pounds

show that “our” days have finally arrived!