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By:

Shoma A. Chatterji

21 August 2024 at 4:19:40 pm

Childhood for Sale

Khilawadi, a short fiction film directed by the young and sprightly Shobhita Thakur, alumnus of the FTII, Pune, is making news wherever the film is being screened. Why? The subject of the film is shocking in its inhuman brutality. Through a brief but powerful narrative, the film tells the story of the 12-year-old Sapna who is good in studies and dreams of becoming a doctor one day. The term “Khilawadi” is a locally used word associated with the Banchada community in Western Madhya Pradesh,...

Childhood for Sale

Khilawadi, a short fiction film directed by the young and sprightly Shobhita Thakur, alumnus of the FTII, Pune, is making news wherever the film is being screened. Why? The subject of the film is shocking in its inhuman brutality. Through a brief but powerful narrative, the film tells the story of the 12-year-old Sapna who is good in studies and dreams of becoming a doctor one day. The term “Khilawadi” is a locally used word associated with the Banchada community in Western Madhya Pradesh, particularly in the Neemuch-Mandsaur region. The word is believed to have evolved within the local dialects as a descriptive label for women employed in sex work, especially those living along or near major highways. Over time, strangely, the changes in social customs, in media technology, in traditional rituals, have not affected the age-old custom of putting daughters to prostitution the minute they reach puberty. Therefore, the term “khilawadi” has become an informal, locally used word associated with the Banchada community used rather pejoratively to refer to girls or women from the community who engage in highway-based prostitution, a practice historically linked to complex socio-economic and caste-based circumstances within the region. The term carries social stigma and reflects structural inequalities faced by the Banchada community. “We could not shoot in the actual location because we were told that it would be dangerous for the team to shoot there. So, we shot several kilometers away at a different location to keep the rural spirit of the topic intact. As a woman filmmaker and an artist, I feel compelled to tell this story of unimaginable suffering and exploitation of young girls. This film is not just a reflection of their pain, but a call for social change, urging society to recognize and address this persistent injustice,” says the director. The film uses a raw, unembellished cinematic style that highlights the stark realities of their lives. It opens in the classroom of a girls’ school. We are introduced to the 12-year-old Sapna. On her way back, she waits outside the window of the community health centre in the area to watch the lady doctor at work. The lady doctor beckons her inside and asks her why she is waiting at the window. Sapna asks her whether she can become a doctor like her. But when she is asked by the teacher what she wants to become when she grows up, a giggling classmate mocks her saying, “She can only become a dhandhewali - a vulgarized term for one who sells one’s body for money.” Sapna belongs to the Banchada tribe and while her mother, a prostitute herself, plans to sell her to prostitution planning to make some money from the “nath utharna” ritual, a traditional term for the first night, the price for the first night’s customer who gets the right to strip the girl of her virginity. The doctor however, takes the help of a social worker to get a caste certificate for Sapna which will convince her mother to continue her education as she will be entitled to a scholarship for her further education. But all attempts at getting a caste certificate come to naught and while the mother sits in front of the highway for customers in vain as she is ageing, she also prepares for Sapna’s initiation into the profession. Strangely, the males in this community extract huge dowries when they get married though they are practically pimping and their wives are drawn from communities other than the Banchada community and they do not practice prostitution. The entire family then begins to live off the daughter’s earnings. When Sapna fails to get a caste certificate, she is forcibly prepared for the nuptial night and the first customer who pays Rs.10,000 is a middle-aged man. The film closes on the figure of a crying Sapna squatting on the floor after the first night, while the camera pans to focus on the bed and captures the image of an ointment Sapna’s mother gave her to prevent from the first night turning into a torture of pain. The film is aesthetically well-crafted with beautiful cinematography, good music and above everything else, brilliant piece of acting by every single actor. The film is currently on its international festival circuit, having won major awards at the FascinAsian Film Festival (Canada) and been officially selected for the Kazan International Film Festival and Festival du Film de Nancy in France. (The writer is an award-winning film scholar and author of several books.)

Lateral upgrade to ailing annihilation

Updated: Oct 21, 2024

Lateral upgrade to ailing annihilation

Being the first person from the private sector to be appointed as chairperson of Securities and Exchange Board of India (SEBI) as part of the government’s lateral initiative, Madhabi Puri Buch also holds the honour of being the first woman to hold the top post as capital market regulator.

But the laurels that the former private sector banker enjoyed in her earlier stint with ICICI Bank, was marred with allegations that she and her husband were having a stake in offshore entities, which were used to artificially inflate shares of Adani group companies.

Terming the allegation as `character assassination, Buch clarified that all disclosures have already been furnished and the fund in question did not invest in any securities involving the Adani group.

When it rains, it pours. This allegation was subsequently followed by Congress Party allegation that Buch had received salary and post-retirement benefits from ICICI Bank after she quit the private sector bank.

In its clarification to the stock exchanges, ICICI Bank asserted that the payments made to Buch were purely retirement benefits after her exit from the bank and they were neither salary nor employee stock options.

Prior to these allegations, Buch tenure at SEBI was all about bringing in quick reforms on operational issues by changing the format of consultation paper to bring in larger responses digitally. Being data savvy, the rationale of her decisions were democratic based on big data analysis derived from the responses received to the consultation papers.

Further she bifurcated the duties of the SEBI staff between operations and enforcement, which were done by the same persons earlier. Having worked for the private sector in the capital market domain space, Buch had a better understanding of the subject compared to officers from the administrative service in the past that reflected even in her orders as a whole-time director at SEBI before becoming the chairperson. As a whole time director at SEBI, her orders on adjudication issues were more directional to the capital market space, according to experts in the compliance space. She was also quick to revamp the old provisions of the 90s at SEBI.

Being tech and data savvy, Buch enhanced regulatory surveillance and detection of market manipulation, insider trading and fraud while also emphasizing on strengthening corporate governance by introducing stricter rules for independent directors and enhancing disclosures for related-party transactions.

To put in perspective, the annual report of the capital market regulator in the just concluded financial year revealed that the number of investigations related to insider trading jumped to 175 in 2023-24 from 85 in the preceding year while probes related to front running jumped over three times to 83 from 24 in the preceding year.

Transparency in mutual funds by implementing measures to protect retail investors along with tightening norms for initial public offers, particularly in the SME platforms were some of her other positive initiatives including confirmation of denial of any market rumours within 24 hours for the top 100 listed companies which will be extended to top 250 companies from December 1. However increased transparency and compliance with tightening regulations led to increased operational costs for the market participants and hence faced resistance from certain quarters. Born in 1966, Buch completed her primary education in Mumbai and graduated with specialization in Mathematics from Delhi and later obtained a management degree from Indian Institute of Management, Ahmedabad. In between, she got engaged to Dhawal Buch, a director at a consumer goods multinational at the age of eighteen and got married at the age of 21.

Besides ICICI Bank, Buch also worked as a lecturer at a college in England, worked at Greater Pacific Capital in Singapore and ICICI Securities as its CEO. She also worked as executive director on several private sector companies and as a consultant for New Development Bank (Brics Bank).

What now remains to be seen, is whether Buch, who survived the 26/11 terror attack when she along with her husband, was attending a meeting at Taj, be able to overcome the current ordeal. Keeping fingers crossed for the times to come.

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