Mahasweta Devi - A voice of the oppressed

July 28, 2016

Kolkata, July 28: A litterateur with the zeal of an activist, Mahasweta Devi used creative expression as a tool to fight for the rights of the indigenous people and marginalised sections.mahasweta devi

With the sincerity of an activist and the passion of a writer, the Bengali writer was the voice of the oppressed in her novels and short stories, which won her a number of awards including the Padma Vibhushan, Magsaysay, Sahitya Akademi and Jnanpith.

All her acclaimed works like 'Hajar Churashir Ma' (Mother of 1084), 'Aranyer Adhikar' (Right to the Forest, 'Jhansir Rani' (The Queen of Jhansi), 'Agnigarbha' (The Fire Within), 'Rudali', 'Sidhu Kanhur Daakey', etc give us invaluable insights into the lives of the oppressed class.

A number of her works have been adapted for the silver screen. Govind Nihalani's 1998 Hindi film 'Hazaar Chaurasi ki Ma' (The Mother of 1084) is based on her Bengali novel on the emotional struggles of a mother who tries to understand the reasons behind her son's involvement in the Naxalite movement.

In 1993, Kalpana Lajmi also made the award-winning 'Rudaali' on her novel by the same name chronicling the life of professional mourners upon the death of upper-caste males in Rajasthan.

Italian director Italo Spinelli also made the multi-lingual 'Gangor' based on her short story 'Choli Ke Peeche' about the rights of women.

Going beyond her role as a writer and journalist, Devi also helped tribals and the rural dispossessed in organising themselves in groups so that they could take up development activities in their own areas.

She founded several grassroot level societies for the welfare of tribals.

Despite enjoying celebrity status in her home city, Devi's lifestyle was simple and modest.
Born in 1926 in Dhaka to middle-class parents, her father Manish Ghatak was a renowned poet of his time and uncle was filmmaker Ritwik Ghatak, one of the front runners of parallel cinema movement in India.

She studied at Rabindranath Tagore's university in Santiniketan and married eminent playwright Bijon Bhattacharya, one of the founding members of the Indian People's Theater Association. The couple divorced later on.

Their son Nabarun, who passed away in 2014, was also a well-known poet and novelist who won the Sahitya Akademi award.

During her lifetime, the writer-activist also taught English literature in a college and also wrote for newspapers on topics related to rural India.

In one of her speeches she had remarked that social activism was the driving force of all her literary activities, be it literature, newspaper columns or the journal she edited.

For her novels and short stories, she travelled deep into rural areas to research the oral history of tribal communities especially in adjacent Bihar, Odisha and West Bengal.

Her historical fiction 'Aranyer Adhikar' (Right to the Forest), for which she won the Sahitya Akademi award, India's highest literary accolade, in 1979 is about the life and struggles of tribal leader Birsa Munda and the famous Munda rebellion against the British in the late nineteenth century.

In 'Agnigarbha', a collection of four long stories about the Naxalite tribal unrest, and in the novel 'Bish-Ekush' (1986), she chronicled untold stories about the Naxalite movement.

Other notable works of the prolific writer include 'Chotti Munda 0 Tar Teer (Chotti and His Arrow, 1979), 'Subhaga Basanta' (1980) and 'Sidhu Kanhur Daakey' (1981).

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
July 9,2020

U.S. electric vehicle maker Tesla Inc is "very close" to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.

"I'm extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly," Musk said in remarks made via a video message at the opening of Shanghai's annual World Artificial Intelligence Conference (WAIC).

"I remain confident that we will have the basic functionality for level 5 autonomy complete this year."

Automakers and tech companies including Alphabet Inc Waymo and Uber Technologies are investing billions in the autonomous driving industry.

However industry insiders have said it would take time for the technology to get ready and public to trust autonomous vehicles fully.

The California-based automaker currently builds cars with an Autopilot driver-assistance system.

Tesla is also developing new heat-projection or cooling systems to enable more advanced computers in cars, Musk said.

Industry data showed Tesla sold nearly 15,000 China-made Model 3 sedans last month.

Tesla has become the highest-valued automaker as its shares surged to record highs and its market capitalisation overtook that of former front-runner Toyota Motors Corp.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 5,2020

Feb 5: Tesla is making Elon Musk a lot richer without paying him a dime.

A blistering stock rally has bolstered the value of CEO Musk's 19% stake in the electric car maker by $16 billion since the start of 2020, to $30 billion.

Tuesday's steep climb in the share price could sweeten Musk's payday under his record-breaking compensation package, which is built on stock options that rely on market value targets. Two milestones have now been achieved that could see Musk unlock options worth $1.8 billion.

The controversial chief executive, who is also the majority owner and CEO of rocket maker SpaceX, recently testified that he did not have a lot of cash as he successfully defended himself in a defamation lawsuit. He previously has taken loans using his Tesla shares as collateral.

Musk does not take a salary, choosing instead a risky options package that envisions the stock market value of Tesla rising to $650 billion over 10 years, a prospect that was derided by some investors when the deal was announced in 2018.

That target now looks less crazy. Shares of Tesla have rallied over 50% since the company posted its second consecutive quarterly profit last Wednesday, which was viewed as a major accomplishment for a company competing against established automotive heavyweights including General Motors Co  and BMW.

Tesla shares have climbed about 400% since early June, helped by the company's better-than-expected financial results and ramped-up production at its new car factory in Shanghai.

On Tuesday, Tesla surged as much as 24% before falling back in the final minutes of the trading session to end the day up 13.7%. That put its market capitalization at $160 billion, almost twice the combined value of Ford Motor and General Motors.

The shares had also rallied on Monday, partly fueled by Panasonic Corp's 6752.T saying its automotive battery venture with Tesla was profitable for the first time.

The options Musk was awarded in 2018 vest incrementally based on targets for Tesla's stock market value and its financial performance. The market capitalization would have to sustainably rise by $50 billion increments over the agreement's 10-year period, with the full package payout reached if the market cap reaches $650 billion, as well as the company's meeting revenue and profit targets.

Musk is on his way to seeing his first two tranches of options vest. He achieved operational targets on revenue and adjusted earnings last year.

The rise in Tesla's market capitalization last month to a target of $100 billion opened the way for Musk's first tranche of options to vest. With Tuesday's surging share price, the market capitalization blew past the second target of $150 billion, opening the way for the second tranche to vest. Tesla's market capitalization must stay at or above each target level for one- and six-month averages for each set of options to vest.

Tesla was valued at about $52 billion when shareholders approved the pay package in March 2018, a time when the company faced a cash crunch, production delays and increasing competition from rivals.

A full payoff for Musk would surpass anything previously granted to U.S. executives, according to Institutional Shareholder Services, a proxy advisor that recommended investors reject the pay package deal at the time.

Musk currently owns about 34 million Tesla shares, and his compensation package would let him buy another 20.3 million shares if all his options tranches vest.

When Tesla unveiled Musk’s package, it said he could in theory reap as much as $55.8 billion if no new shares were issued. However, Tesla has since awarded stock to employees and last year sold $2.7 billion in shares and convertible bonds, diluting the value of the stock.

Musk has transformed Tesla from a niche car maker with production problems into the global leader in electric vehicles, with U.S. and Chinese factories. So far it has stayed ahead of more established rivals including BMW and Volkswagen.

Many investors remain skeptical that Tesla can consistently deliver profit, cash flow and growth. More Wall Street analysts rate Tesla "sell" than "buy," and the company's stock is the most shorted on Wall Street.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
June 16,2020

Paris, Jun 16: Increasing numbers of readers are paying for online news around the world even if the level of trust in the media, in general, remains very low, according to a report published Tuesday.

Around 20 percent of Americans questioned said they subscribed to an online news provider (up to four points over the previous year) and 42 percent of Norwegians (up eight points), along with 13 percent of the Dutch (up to three points), compared with 10 percent in France and Germany.

But between a third and a half of all news subscriptions go to just a few major media organisations, such as the New York Times, according to the annual Digital News Report by the Reuters Institute.

Some readers, however, are also beginning to take out more than one subscription, paying for a local or specialist title in addition to a national news source, the study's authors said.

But a large proportion of internet users say nothing could convince them to pay for online news, around 40 percent in the United States and 50 percent in Britain.

YouGov conducted the online surveys of 40 countries for the Reuters Institute in January, with 2,000 respondents in each.

Further surveys were carried out in six countries in April to analyse the initial effects of COVID-19.

The health crisis brought a revival of interest in television news -- with the audience rising five percent on average -- establishing itself as the main source of information along with online media.

Conversely, newspaper circulation was hard-hit by coronavirus lockdown measures.

The survey found trust in the news had fallen to its lowest level since the first report in 2012, with just 38 percent saying they trusted most news most of the time.

However, confidence in the news media varied considerably by country, ranging from 56 percent in Finland and Portugal to 23 percent in France and 21 percent in South Korea.

In Hong Kong, which has been hit by months of sometimes violent street protests against an extradition law, trust in the news fell 16 points to 30 percent over the year.

Chile, which has had regular demonstrations against inequality, saw trust in the media fall 15 percent while in Britain, where society has been polarised by issues such as Brexit, it was down 12 points.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.