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The New maharajas of India

Posted by Ramoo on January 28, 2007

What is it like to be a modern-day Indian prince? Devinder Sharma and Bhaskar Goswami explain how the laws of the land are being redefined to bring in the reality of the royal tag for the rich and beautiful.

It took nearly 15 years to ensure that the 554 princely estates scattered throughout the country for which India’s first Home Minister Sardar Patel initiated the process to finally integrate with the new nation. Some 45 years later, and in the 60th year of India’s Independence, almost an equal number of princely estates are once again being carved out.

A new breed of Maharajas is all set to grab the crown.

The only difference being that the new princely estates comes within the gambit of a strange sounding acronym – SEZ – meaning Special Economic Zones. As the name suggests, these cut out zones will have a special status, very special indeed. Except for floating its own currency, these zones would operate more or less like a princely estate, and would even have special courts to try the economic offences.

Download the full article The New maharajas of India

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