'Enemy shares'

14 Nov, 2018

This is apropos a Business Recorder news item "India to sell 'enemy shares' of people who fled to Pakistan" carried by the newspaper the other day. According to it, India's government has decided to sell more that $400 million worth of shares left behind by people who fled to Pakistan or China after wars with those countries.
The government said the "enemy shares" were in 996 companies held by 20,323 people and entities. They were seized after conflicts with Pakistan in 1947, 1965 and 1971 and the 1962 border war with China.
The government decision is nothing but a crude attempt by the ruling BJP to turn India into a totalitarian state. Both Hitler and Mussolini had achieved this 'feat' in the first half of 20th century; Mussolini is in fact credited for creating world's first fascist state. Both were anti-communists. Prime minister Narendra Modi is no different from Hitler and Mussolini in many respects.

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