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Demonetisation, Telangana and more discussed on Day 2 of HTLS 2016

Demonetisation featured repeatedly at the 2016 Hindustan Times Leadership Summit, with Bihar chief minister Nitish Kumar saying a nationwide prohibition was required to follow up on the demonetisation move. Andhra CM Chandrababu Naidu said the Centre needed to think forward for solutions while power minister Piyush Goyal said the inconveniences caused due to demonetisation were short term. Other panellists said the environmental problems in India are immediate, which need a social movement to push for change, and that Donald Trump’s presidency could be positive for India, among other. David Cameron, former UK prime minister, spoke on a range of topics -- from globalisation to why the English cricket team are in such poor shape.

HTLS2016 Updated: Dec 03, 2016 18:24 IST
HT Correspondent
HT Leadership Summit Day 2

Bihar chief minister Nitish Kumar at the Hindustan Times Leadership Summit in New Delhi.(Virendra Singh Gosain/HT Photo)

Demonetisation featured repeatedly at the Hindustan Times Leadership Summit with Bihar chief minister Nitish Kumar saying a nationwide prohibition was required to follow up on the demonetisation move. Andhra CM Chandrababu Naidu said the Centre needed to think forward for solutions while power minister Piyush Goyal said the government realises demonetisation has led to pain but this was short term. Naidu also spoke of his plans for Amaravati, the state’s new capital, saying it was borrowing from best practices across the world.

Experts said the environmental problems in India are immediate which need a social movement to push for change, and that a Donald Trump presidency could be positive for India.

David Cameron, former UK prime minister, spoke on a range of topics -- from globalisation to why the English cricket team are in such poor shape, while also calling for bilateral ties to be strengthened.

Former cricketer Sachin Tendulkar said Test cricket doesn’t have enough rivalries now, and said the current team was one of the best India has had. Before him, Dr Deepak Chopra called for embracing technology to move ahead and create a peaceful ecosystem, and also spoke on well being.

On the first day, finance minister Arun Jaitley said his government’s demonetisation exercise will benefit the country in the long run. But Uttar Pradesh chief minister Akhilesh Yadav was not so optimistic. Also in attendance was defence minister Manohar Parrikar, who talked about “surgical strikes” across the Line of Control.

Here are live updates from Day 2 of the 14th Hindustan Times Leadership Summit:

Watch the sessions live here

Session ends, and concludes the two-day Hindustan Times Leadership Summit 2016.

• My only ambition in national politics is for leaders of the original Janata Dal to come together. Want to make the JD(U) a national party: Kumar

• “The Prime Minister’s position is not a joke. It requires a proposer, supporters... lets not talk hypothetically.”

• The grand alliance is in Bihar. There can be alliances elsewhere, but the mahagatbandhan is in Bihar. It will be a grand alliance in Uttar Pradesh when SP and BSP come together: Kumar

• “If there’s really a “surgical strike” on black money, then they have to take it forward. Hit out at benamis (illegal property holdings),” says the chief minister

• The grand alliance is set in Bihar. There is no disagreement over any aspect of the state. All matters are settled: Kumar

• “I am first Indian, and then a party member.”

• I support fight against corruption, says Kumar

• “People can call me whatever they want. What difference does it make... Excessive aggression changes people’s perception,” says Kumar on Mamata Banerjee calling him traitor

• Fail to understand why people hoard black money. It’s not like you can take it with you after you die: Kumar

• “Only demonetisation won’t work. This is the time to hit benamis, illegal property, bring nationwide prohibition.”

• “Being in the news all the time, working less and talking more is not governance,” says Nitish Kumar

• The public has given a five-year mandate for the grand alliance. It will be there for at least five years: Kumar

• “When I was very young, Ram Manohar Lohia ji taught me to speak less and to ensure that my work speaks for itself,” says the chief minister

• “Which other government has given 50% reservation for women in panchayats? The constitutional requirement is 30%; I said this was not maximum, but minimum.”

• Whatever one promises before election, one should also ensure implementation: Kumar

• Prohibition is part of governance. It was what I promised before elections, says Kumar

• Free Wifi in Bihar colleges will be done by Feb 2017: Bihar chief minister Nitish Kumar

• Everyone knows the political aspect of the grand alliance but not everyone liked idea of such an alliance: Nitish Kumar

The session has concluded. Up now Bihar chief minister Nitish Kumar in conversation with Barkha Dutt, consulting editor, NDTV

Chandrababu Naidu, Andhra Pradesh chief minister

• I want to take fibre to the last mile. Will provide 15mbs internet speed to all homes. With tele con, people don’t have to meet me: Naidu

• Ensuring rainwater harvesting and linking of rivers to improve the agriculture industry in Andhra Pradesh

• I’m using technology to provide real-time government in my state. I’m not competing with Indian states but with the best in the world: AP chief minister

• “Some of my actions caused problems (regarding losing an election). This time I’m planning everything.”

• “In primary education, I’m going to introduce digital classrooms. Will generate competition among government schools as private schools compete,” says Naidu

• “Our education is sector is very strong. Everywhere you go there's a Telugu engineer or doctor. I want to increase higher education rating from 30% to 50%.”

• This year’s rainfall deficit was 29%. I’m looking at making the sector draught-proof: Naidu

• Demonetisation is a problem, irrespective of age, professional, economic background. We have to think forward , such as digital payments.

• Digital literacy is a must to control corruption and development. The future should be digital transparency, says Naidu

• “If you are very strong and provide everything, people will come to you. I am confident that multinational companies will invest in Amaravati.”

• By 2022, AP will be among the top 3 in the country. By 2029, it will be the best state in India and by 2050, the best destination in the world: Naidu

• The issue (with Telangana) is over, both states need to move forward for better prospects, says Naidu. Telangana was carved out of Andhra Pradesh in 2014.

• Health, minimum standards, education, eradicating poverty are some of the measures we’re looking at: Naidu

• Happiness is a development marker Naidu wants to focus on. “Stress is a major problem for people.”

• “I’ll have to make sure I keep winning elections,” says Naidu about protecting against his plans being undone

• There are issues between Telangana and Andhra Pradesh which have to be settled amicably

• Best institutions in health, education, hospitality are coming to Amravati: Naidu

• One of more joys is that I built two cities -- Cybercity in Hyderabad and the new Andhra capital Amaravati

• I’m watching other cities’ best practices and borrowing it to build the new Andhra capital, Amaravati: Naidu

• Amaravati will be among the 10 world class cities, a true smart city; it’s going to be a ‘blue and green’ city

• Chandrababu Naidu says no where in the world is there as much water in a one place as in Andhra Pradesh.

Session ends. Stay tuned for Andhra Pradesh chief minister Chandrababu Naidu in conversation with Bobby Ghosh, editor-in chief, Hindustan Times

Dr Jeffery Sachs and Dr Daniel Sedlak, environmental experts

• “We are this close to destroying the climate. Let’s start the social movement (to improve things) now. Please!” says Dr Sachs

• Piyush Goyal is right about saying the developed world is more responsible for the climate change problem, says Dr Sachs.

• “Our political leaders are louts. They only care about staying in power and not to make out children safe,” Dr Sachs

• “I would imagine that if you can’t breathe the air, it would signal a need for change. But that doesn’t seem to be case... We need to think of a way out of our carbon dependence,” Dr Sachs, tearing into Union minister Piyush Goyal’s earlier statement about focusing on coal production.

• “We can get into a situation that the payment module doesn’t change behaviour,” says Dr Sedlak, citing the instance of some Californians paying thousand of dollars in fine for using gallons of water for their yards during the California draught. “Governments need to think about that.”

• Technology has made possible that a river that looks dirty today can be turned into your primary source of water tomorrow: Dr Sedlak.

• “You need to create new payment mechanisms that recognises need but prevents mass wastage,” says Dr Sachs of one solution to improve water crisis.

• When you plan for water, you need to plan 20 years ahead. You’ll have to do better than Fatehpur Sikri, which was abandoned a few years after it was made capital because there was no water, says Dr Sachs.

• Water treatment solution needs significant amount of investment and budgets are tight. Which is why we need planning, reiterates Dr Sachs.

• “We need to find urban water solutions that are decentralized from bureaucracy... We need to create networks of self-managed water treatment plants which will help save costs in the long-term,” says Dr Sedlak.

• The world has gone through three water revolutions and these have happened because of crisis: Dr Sedlak

• “You’ve dismantled the planning commission. So what next? You need planning,” says Dr Sachs.

• We don’t have any plans -- this is pervasive in this country (India), I’m sorry to say. You need to think: Dr Sachs

• “India has a lot of trouble. You can’t breathe the air, you can’t drink the water. It needs a lot of work,” says Dr Sachs

The session has concluded. Up now is a discussion on the global water crisis with Dr Jeffrey Sachs, director of Earth Institute at Columbia University, and Dr David Sedlak from the University of California, with Mihir Shah, visiting professor at Shiv Nadar University

Dr Alyssa Ayres and Dr David Twining on the new US president and South Asia

• There’s a domestic energy revolution happening in the US that can tie directly with the need for climate solutions, says Dr Twining of the German Marshall Fund of the US.

• There is a wide open window for allies and friends in Asia of the cost and benefits of a coalition with US. Trump is a rational guy, says Dr Twining.

• We have seen much by way of coalition building, Dr Ayres says of Trump’s coming presidency

• “I’ve been told Trump will preside over the presidency as a chairman over a company, which is actually quite promising,” says Dr Twining, director and senior fellow at the German Marshall Fund of the US

• President Trump may pivot, and there have been some divisive campaign rhetoric,” says Dr Ayres

• The recount (of US presidency votes) will not change the outcome, says Dr Ayres, a senior fellow on the Council of Foreign Relations.

• There’s a protectionist code among the incoming team, Dr Twining says about trade.

• There is a misunderstanding in India about US military’s relationship with Pakistan... The US military has become much harder on Pakistan and much warmer on India: Dr Twining

• Climate change and clean energy were the key areas of connect between President Barack Obama and Narendra Modi: Dr Ayres

• “The H-1B has been a long problem between US and India. That friction is something both governments will have to talk about,” says Dr Ayres

• We had a divided Congress over immigration in the last government: Dr Ayres

• “Trump likes winners, and India is a vigorous winner in the global economy. So Trump is going to double down on India,” says Dr Twining

• US never had a presidential candidate who had recorded an ad in history, he’s interested in India: Dr Ayres

• “I suspect the world will look different to Donald Trump from the Oval Office than it looks from the campaign trail in Iowa,” says Dr Ayres referring to US president-elect Donald Trump’s victory tour in Ohio.

• I think Trump is an isolationist... Trump is going to shake up US, says Dr Twining

• The change with the new presidency is pull back the US from some trade agreements.

• Dr Alyssa Ayres says Donald Trumps’ presidency is a chance for India to become important to the US.

Session begins with Dr Alyssa Ayres, senior fellow for India, Pakistan and South Asia, Council on Foreign Relations, and Dr Daniel Twining, director and senior fellow, Asia Program, The German Marshall Fund of US.

The session with Sachin Tendulkar has ended. The summit breaks for lunch. Coming up soon is Alyssa Ayres and Daniel Twining in conversation with Pramit Pal Chaudhuri, foreign editor, Hindustan Times.

Sachin Tendulkar, former Indian cricketer

Rapid fire round

One bowler you didn’t wanna face? Hansie Cronje

One thing to borrow from Brian Lara? His flair

One thing to borrow from Ricky Ponting? His ability to play short balls

From Jacques Kallis? His focus and concentration

Your favourite non-cricket sportsperson? Roger Federer

One batsman you enjoyed watching from the non-striker’s end of the pitch? Virendra Sehwag

The fastest bowler you faced? Shoaib Akhtar, Brett Lee, Patrick Patterson

Sachin Tendulkar -- the leg spinner, off spinner or medium pacer? You’re missing Sachin Tendulkar, the fast bowler. Ask anyone in the team how they feel when I bowl from 16 yards away.

• You don’t need to be a sportsperson to be fit. Everyone has to be fit. You are more worried about spending more time at the gym than at the dining table: Sachin Tendulkar

“My mother always said if you’re fit, you’re living your life. We need to realise that along with Swachh Bharat comes Swastha Bharat. Swachh Bharat and Swastha Bharat go hand in hand,” says Sachin.

• On the sporting culture in the country, Sachin says we need to encourage everyone to take up some sport. Also, why not have other sports in the breaks of cricket matches? This will get us spectators as well as talent will be on a special new platform where people are watching you.

• Talking about the current “bunch of cricketers” of India, Sachin says, “To me this side will always be the best. We’ve the right balance to be No. 1 -- right number of spinners and batsmen. Also, they have an able man to guide them -- Anil Kumble. And soon the world will also believe what we do, that we deserve to be No. 1 side. ”

• On Lodha panel’s recommendations of reforms in the cricketing administration, Sachin says, “Since the matter is under honourable Supreme Court, so it’d be unwise to comment on that. BCCI has always been supportive. The way things are managed has taken us to places where we are today. But I’m not saying we’re perfect. There’s always scope for improvement.”

• How do you think on back-to-back series? Sachin says, “That’s a great thought. But fair idea would be to play two matches with the same squad in different countries, under different conditions. The teams remain the same. If we go to England and defeat them there, we would want England to come here and defeat India.”

• On the past Test rivalries, Sachin Tendulkar says: It was also about that time. We need to get even surfaces where bowling is fun, boundaries are difficult. Test cricket has changed over the time and surfaces have contributed to that. Surface decides a fair competition between bat and ball.

• Sachin describes an episode when he was batting alongside Sourav Ganguly and facing Australian pacer Glenn McGrath. “I decide when to speak to a bowler, the bowler doesn’t get to decide that.”

• Is Test cricket dying? Sachin says: I don’t think Test cricket is dying. I think it’s the mindset that is dying. Also, there are not enough Test rivalries today.

Sachin says there are not enough rivalries in Test cricket now, in conversation with Nikhil Naz at HT Leadership Summit 2016 in New Delhi on Saturday (Gurinder Osan/HT Photo)

• The most important thing for me as an MP is I’m now getting to do things that I didn’t get to do while I was a cricketer: MP Sachin Tendulkar at HTLS 2016.

• Nikhil Naz says we all miss you on the ground. Sachin says, “It’s always special to be back and play sometimes a match or two.”

The session with Dr Deepak Chopra has ended. Up now is former Indian cricketer and MP Sachin Tendulkar in conversation with Nikhil Naz, consultant, NDTV

Dr Deepak Chopra, founder of Chopra Foundation

• “If I send you an emoticon, I can control your dopamine levels. If I read a tweet by Mr Trump, it raises my blood pressure. Everything in the world is so connected,” Dr Chopra.

• In a message to the millennials, Dr Chopra says “If you don’t embrace technology, you can’t move ahead. The technology can be destructive at many levels, but the same technology can be used to create a global brain, to create a peaceful ecosystem of a healthy and joyful planet.”

• Everything affects gene expression. The current situation in the US is collective psychosis. I don’t think strident activism ever works: Dr Chopra

• Seventy percent of the universe is dark energy, another 26% is dark matter. That leaves 4% of the universe which is atomic and 9.999% is interstellar dust: Deepak Chopra in conversation with Vikram Hazra.

• Your genes are not nouns, they are verbs. They respond to every sensory experience you have. When we communicate with each other, we are affecting each other’s biology. Each one of you has an electromagnetic field that is radiating about eight feet from where you are, says Deepak Chopra.

• We can now track how every feeling interacts in interpersonal ways. We are measuring through technology, corporate and physical well-being, to help regulate the bio system: Dr Chopra at HTLS

• Our experience in time is very fleeting, but in our consciousness all experience occurs. When we communicate with each other, through various social contacts, like physical and nowadays even social media, we are affecting each other’s biology: Dr Chopra.

• There are several ways to evaluate well-being. We can evaluate well-being on the following five basis: Career, community, social, financial, physical: Dr Deepak Chopra at HTLS

• Your body is not who you are. It is the product of all your experiences through your five senses, thoughts, creativity, says Dr Chopra.

• Founder of Chopra Foundation and co-founder of the Chopra Centre for Well-being, Dr Deepak Chopra takes the dais to talk on ‘The future of well-being’.

The session with Piyush Goyal has ended. Coming up next is Dr Deepak Chopra talking on ‘the future of well-being’ in a conversation with Vikram Hazra, a spiritual jazz musician

Piyush Goyal, Union minister of state (independent charge), power, coal, new and renewable energy and mines

• Goyal’s prediction for upcoming assembly polls: “We’ll be in excess of two-thirds in UP; Punjab will also give an electoral victory to the Akali-BJP combine.”

• Due to the secrecy surrounding demonetisation, we didn’t have enough time to handle logistical issues: Goyal

• “When we were in the cabinet meeting (in which PM Modi announced demonetisation), we all wondered how Arun Jaitley managed to keep the secret,” says Goyal

• “Understanding the Indian psyche is not easy... Indian people trust each other.”

• I think Paul Krugman has missed the point often in the past decade: Goyal on Krugman’s comments on demonetisation during HTLS. “A Nobel prize doesn’t always mean you are right.” 

• “When informal economy must now become formal, I thought it will give a leg up to the GDP. I thought that was more pertinent than ‘In the end , we all die’,” says Goyal in reference to Manmohan Singh’s comments in Parliament.

• “India loves disruptive change when it benefits the country.”

• It was expected that there will be short term pain, but I think the support from the Indian people has been remarkable... The honest are feeling there is a premium on their honesty: Goyal

• Everyone who has legitimate gold can own it, says Goyal on concerns of limits of holding gold.

• “I wish media would show the whole conversation.”

• I think demonetisation has so far played out to the plan.. It was a part of our effort to curb black money: Goyal

The session with David Cameron has ended. Stay tuned for our next session with Piyush Goyal, Union minister for power, coal and mines, in conversation with Bobby Ghosh, editor-in-chief of Hindustan Times.

David Cameron, former UK prime minister

The first session is a discussion with former British prime minister David Cameron on whether the western world is in crisis, chaired by Bobby Ghosh, editor-in-chief of Hindustan Times.

• What next for David Cameron? “I’m writing a book about my time in politics and keep up my interest in development... It’s time to pass the baton on to my wife.”

• Ghosh: If you could have one player from the Indian cricket team?

Cameron: I wouldn’t want to pick one and spoil them... What do they: Pride will come before a fall.

• “You have to condemn racism, xenophobia, but you also have to take away the platform from the populists.”

• “Britain is a multi-racial and ethnic success story. It is a world away from what was happening 30-40 years ago,” says Cameron on concerns of people of colour amid the rise of extremist elements.

• Politicians of my generation and above have taken for granted that people understand the benefits of free trade: Cameron

• “India and Britain are both representative democracies. We shouldn’t use referendums for issues discussed in Parliament.”

• The role of a referendum is not to supplant parliament but to decide on bigger issues, says Cameron has three referendums to his credit -- Brexit, Scotland and the electoral system.

• “There is a clear mutual interest for both the EU and Britain to build a partnership that works for both of us.”

• You can control immigration and still make it attractive for global visitors, says Cameron. “There’s no limit in the number of Indian students who can come to study in UK universities.”

• Ghosh: Aren’t you glad you don’t have to deal with (president-elect) Donald Trump?

Cameron: We have to make do with whatever the circumstance... We have to find a way to work together.

• “I expect Britain will leave the European Union, and I don’t think the EU will fall apart... We never like the system (European system). We never liked the political project in Europe, and we tried to get out of that while staying in it.”

• “On to India politics, I’ll say this, many people have said you need to get to grips with corruption, you need to fast-forward to a digital economy, and you need to grow your tax payers to fund your infrastructure.”

• While some people are doing well from globalisation, there are too many left behind, says the former British premier.

• Britain is not perfect. But we are an opportunity for genuine democracy: Cameron

• “British people made their choice with Brexit. It’s now time to deliver that choice.”

• I believe that mainstream political parties are capable of making course correction, says Cameron.

• I’m genuinely passionate about the special relationship we have between Britain and India.

• Glad to be back here. India is the first country that I visited outside Europe when I became the Prime Minister of the UK in 2010, says Cameron in his opening remarks.

• Former UK prime minister David Cameron and Bobby Ghosh, editor-in-chief, Hindustan Times, take the stage.

Capturing the summit, sketch by sketch, is Liza Donnelly, staff cartoonist with the New Yorker, who is live-cartooning the sessions.