Meerut Municipal Corporation for its undemocratic overtone. The situation came to a boiling point when some members, mostly Muslims, were leaving the room before the recital of the national song commenced. They were informed by some BJP members that "Hindustan mein rehna hai to Vande Mataram kehna hoga (If you want to live in India, you have to sing Vande Mataram)." To placate the enraged majority, the mayor was allegedly forced to pass a resolution through voice votes to make the singing of the national song mandatory at the council. The Meerut Municipal Corporation is administratively headed by Municipal Commissioner, who is the
BRIC closed down its BRIC fund after lost 88 percent of its asset value since 2010 and put the fund in emerging markets countries. Historically, Jim O'Neill who coined the term of BRIC was the former chief economist of Goldman Sachs. The head of emerging markets for Morgan Stanley Investment Management, Ruchir Sharma has released a book in 2012: "Breakout Nations" which mentioned that it is hard to sustain rapid growth for more than a decade. Based on a March 2011 "Forbes" report, the BRIC countries counted 301 billionaires among their combined populations, exceeding the number of billionaires in Europe, which