Showing posts with label NDA. Show all posts
Showing posts with label NDA. Show all posts

Tuesday, 1 April 2014

The Visible Change in Lok Sabha 2014

The temperature of the Indian politics has soared in the last few months. Here, I will be drawing your attention towards the changes happening around which you might have missed.

With the emergence of AAP on the national political stage, soon after the Delhi assembly elections, we saw the first visible sign of increasing voter maturity. Citizens of Delhi, then decided to rise above the petty issues of caste, creed, religion, etc. and voted for the promise of development without corruption. The AAP’s later use of organized chaos may or may not prove costly to them, is a different issue. But, the most significant contribution they made was to force the existing political parties to introspect their actions. The parties are now increasingly willing to accept the new voting patterns. No political party can any longer take a community for granted as its vote bank.

In such a changed scenario, the arrival of intellectuals in politics is certainly a welcome sign. The popular faces such as Nandan Nilekani, V Balakrishnan, Satyapal Singh, Ashutosh, etc. are definitely not the products of ugly caste politics.
We certainly, can expect these people if elected, to not hurl their shoes or throw chairs away in the Lok Sabha. The next thing, we can expect from them is to rise above party politics and raise their voices together for the nation’s development.
In the previous few years, the people witnessed the unraveling of scams and corruption of the magnitude unseen before. These things have further enhanced the voter’s desire to abandon apparently corrupt politicians. These views were reflected in the opinion polls and hence forced the parties to move away from controversial political figures. The fourth pillar of democracy is thus playing a critical role in the largest Indian festival.

The election commission reports about the enrollment of 23 million new voters, approximately 3% of Indian Eligible Voters. These are the youths less affected by communalism and brought up in the times of increasing inter-caste marriages. This segment of voters is comparatively better educated and more favorably positioned to part away with their caste identities and vote for common good.
The emerging youth power in politics is now set to disturb all sorts of caste equations. The election results may bring certain degree of shock and surprise to parties playing divisive vote bank politics.

Another major change, though not much welcoming is the shift of focus in campaign from policy ideas to personal reputation. BJP has been promoting a certain individual as the only issue that matters while Congress and most of the other major national parties had always have an individual or a family being supreme in party matters. The idea of collective leadership thus, is proving not to be working in Indian scenario.


Finally, It may be concluded that the country is ready to witness an entirely new voting pattern and the politics may become less dirtier.

Sunday, 30 March 2014

Indian Economy in last Eight months

It was the month of August 2013.
The news headlines screamed loudly about Indian economic crisis.
Some even compared it to 1991 crisis when India had to airlift its gold reserves as a pledge with the International Monetary Fund(IMF) for a loan.
The Indian Prime Minister, a well known economist, Mr. Manmohan Singh opened his mouth to assure the people that India of 2013 is not that of 1991.
Still, the rupee hit record lows every day.
The foreign investors pulled out their money out of Indian markets.
The faith in the Indian economy also plunged to a record low.

Now, look at the current scenario. The rupee has crossed Rs.60 mark, a psychological barrier despite the several attempts by RBI to keep it under control.
The foreign Investors are pumping their money in the Indian markets with enormous pace. The share markets are at record high.

Is it the symbol of renewed faith in the Indian market??
Or, Is it the bubble waiting to burst????

The market is laden with euphoria of an investment friendly stable government at the centre.
But what if the Indian people give the fractured mandate?
What will happen on 16th May in market when the election results are out?

It seems that RBI is already preparing for the worst. RBI has been seen buying dollars in the last few days.
The Indian foreign reserves may touch $300 billion any moment.
The way Raghuram Rajan, RBI governor, has brought back the confidence in Indian market is really commendable.
The import reduction in gold has been highly instrumental in bringing down Indian CAD(Current Account Deficit).
As, It is rightly said "Tough times requires tough measures".
After two months,it will be the right time to bring out some tough economic reforms in India.
Reforms that could bring back the pace of growth which we lost in previous government.

Lets, hope the next government remains stable for the five years and India proceeds towards the aim of being economic superpower.