Versuchen GOLD - Frei

The architect of Jharkhand

Business Standard

|

August 05, 2025

"I pray for his long and healthy life," the Bharatiya Janata Party (BJP) president of the Jharkhand unit, Babulal Marandi, told Business Standard fervently a few weeks ago, learning that Shibu Soren was grievously ill.

- ADITI PHADNIS

"He has given a lot to public life and I pray he can contribute more".

Marandi can be counted as one of Soren's bitterest critics and the only one who ever defeated him in a Lok Sabha election. It was not to be. Shibu Soren (81) died on Monday and leaves a legacy of tribal assertion through democratic politics, in a long line of leaders that include Birsa Munda and Jaipal Singh Munda. If there had been no Shibu Soren, Jharkhand would probably never have been born.

Jharkhand has a strong sense of identity. Earlier, the great unifying factor was the "foreigner" (diku), the non-tribal. Initially, Jharkhand tribals resisted efforts by the Mughals and the British to overcome their rich land and luxuriant forests. But when the Hindu traders and Muslim farmers moved in and modern law and administration was established, tribals found themselves becoming marginalized. British authority and its accompanying array of devices facilitated the process of pauperizing them. The administration was manned by dikus and the introduction of paper currency was alien to the tribals. Their villages went to principally Muslim landlords who wanted access to the forests and the communities that lived there as cheap labour.

WEITERE GESCHICHTEN VON Business Standard

Business Standard

Armed forces likely to see big-ticket approvals

The armed forces seem to be looking to receive clearance for a number of purchases, large and small, by the Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, when it meets in New Delhi on Thursday, according to sources.

time to read

1 min

February 12, 2026

Business Standard

Direct tax kitty up 9.4% to ₹19.44 trn

Net direct tax collection grew 9.4 per cent to about ₹19.44 trillion in the current fiscal till February 10 on slower refunds and higher corporate tax mop-up.

time to read

1 min

February 12, 2026

Business Standard

New tax rules may change how you deposit cash, pay bills, claim HRA

The Central Board of Direct Taxes has proposed several updates to PAN-quoting thresholds, employee benefits valuation, and reporting rules as part of the transition to the Income Tax Act, 2025, which is scheduled to take effect on April 1.

time to read

1 min

February 12, 2026

Business Standard

Local arms of foreign defence firms not to qualify as 'Indian vendors'

Released for stakeholder comments on Tuesday, the Draft Defence Acquisition Procedure 2026 addresses domestic industry concerns over the definition of ‘Indian vendor’

time to read

2 mins

February 12, 2026

Business Standard

Banks issue over ₹1 trn in CDs in Feb so far

Commercial banks issued more than ₹1 trillion worth of certificates of deposit (CDs) in the first 10 days of February after the rates on the short-term debt instrument softened on the back of ample liquidity in the system due to infusion by the central bank and increase in government spending.

time to read

2 mins

February 12, 2026

Business Standard

UP tables ₹9.12 trn annual Budget

Yogi Adityanath-led state government's fiscal deficit estimated at 2.98% of GSDP

time to read

2 mins

February 12, 2026

Business Standard

Business Standard

Rahul slams Indo-US deal, FM rebuts sharply

Intensifying his attack on the government over the India-US trade deal, Leader of Opposition Rahul Gandhi on Wednesday alleged that Prime Minister Narendra Modi has “surrendered” the future of 1.5 billion Indians to protect the “Bharatiya Janata Party’s (BJP’s) financial architecture”.

time to read

3 mins

February 12, 2026

Business Standard

Business Standard

A mogul embedded in India's economic history

Tatyasaheb: The Story of a Bombay Entrepreneuris the biography of Vaman Shridhar Apte, also known as Vaman Seth or Tatyasaheb, written by his great-granddaughter Tejaswini Apte-Rahm.

time to read

3 mins

February 12, 2026

Business Standard

RBI looks to ban sales incentive to bank staffers from third party

Proposes refund and compensation for mis-selling, curtailing of ‘dark patterns’

time to read

3 mins

February 12, 2026

Business Standard

First cross-sector Invit in works to monetise assets

Building on the success of highway monetisation, the central government is likely to set up India’s first infrastructure investment trust (Invit) encompassing assets from across infrastructure sectors, according to multiple officials familiar with the matter.

time to read

3 mins

February 12, 2026

Listen

Translate

Share

-
+

Change font size