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HERE AND THERE
Did J&K CM run for cover?
11/18/2006 10:57:12 PM




B L KAK
Shovana Narayan just does not need any introduction. She is a renowned Kathak performer. That the Chief Minister of Jammu and Kashmir, Ghulam Nabi Azad, too, is an admirer of Shovana was borne out by his presence in New Delhi the other day to watch the Kathak performer. The venue was packed with ambassadors, sitar artistes and the art fraternity, who collectively awated the dance recital to unfold.
Ghulam Nabi Azad made it a point to be present at the function. He was accompanied by his wife, Shamim Azad. What astonished many observers was Azad's early exit. After he left the venue he scurried to his car trying to avade all possible questions. On the other hand, many foreigners stayed put until the function was over. Their presence at the performance reinforced the popularity of Indian culture.
Over to the other side of the Line of Control (LoC). Chinese have made their presence felt in Pakistan and Pakistan occupied Kashmir (PoK). Highly significant piece of information: The reconstruction of Muzaffarabad has been given to Chinese firms, while town planning of Balakot, Rawalakot and Muzaffarabad is being done at satisfactory pace. The land acquisition for Muzaffarabad is under process. Detailed topographical survey of vast area for construction of new Balakot is complete and delay is occurring due to physical demarcation and completion of land acquisition process by the provincial government.

This has been stated by Lieutenant General Nadeem Ahmad, deputy chairman Earthquake Reconstruction and Rehabilitation Authority (ERRA) while addressing news conference in Muzaffarabad the other day. Nadeem said that 96% people had been given housing subsidy in the case of rural affected and remaining 4% problematic cases were being rectified at the district level by the ERRA. According to media reports from Muzaffarabad, at the moment 200,000 houses are in various stages of reconstruction and the reconstruction of entire 600,000 houses would be completed by the 2008 as directed by President General Pervez Musharraf.
It was a big surprise for many that China's richest person is a 49-year-old woman, Zhang Yin, a recycling paper tycoon. Unveiled in October, the Hurun Report put Zhang top of its China Rich List-- the first time a woman has claimed the number one spot--with a personal fortune of 3.4 billion US dollars. Even more impressive, her fortune makes her the richest self-made woman in the world, surpassing the likes of Oprah Winfrey, a celebrated US television hostess, and JK Rowling, author of the Harry Potter series.
Behind the novelty,Zhang's success reflects women's growing status in the business world. For hundreds of years in China, women had almost no rights until the social revolutions last century broke their spiritual shackles.Around half-a-century after Chairman Mao Zedong said "Women hold up half the sky", Chinese women have won almost equal status in many areas. And they have a strengthened presence in business.
Of the 500 entrepreneurs making up the China Rich List, 35 are women, covering areas from property development and metal trading, to media and energy-- sectors traditionally dominated by men. According to the China Association of Women Entrepreneurs, around 20 per cent of Chinese enterprises have women as bosses. A figure that has doubled since the 1980s.
In Shanghai, China's economic powerhouse, women are more actively involved in business. By the end of 2005, 28 per cent of entrepreneurs in the city were women and 44 per cent of management positions in trading and finance companies had been taken by women, according to a survey by Zheng Lizhen, director of the Shanghai Women Entrepreneurs' Association.
The city of Shanghai, China's print media has pointed out, saw the number of women entrepreneurs increase rapidly after 1992 aseconomic development took off. By 2005, 39 per cent of those registered as self-employment were women. By the end of last year, more than 130,000 of the city's 470,000 entrepreneurs were women. And more than 11 per cent of women in Shanghai are willing to be self-employed.
Analyzing successful women entrepreneurs,experts find that women have a higher success rate in business than men because they take fewer risks and are often stronger psychologically. About 90 per cent of women achieve success only one year after starting their business, while the rate for men is 50 per cent. Among 1.5 million enterprises managed by women, only 1.5 per cent are loss-making while 98 per cent turn a profit,surveys from the All China Women's Federation show.
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