ELECTION 2024 SWAMINATHAN AIYAR
Lok Sabha Results: Coalition govt is back. Will policy paralysis too strike again?
Over the past decade, Narendra Modi has propelled India's economy to become one of the fastest-growing globally, positioning it to soon rank as the world's third-largest. His emphasis on reforms and dynamic policies, exemplified by initiatives like Make in India, has bolstered manufacturing and infrastructure growth. However, the recent Lok Sabha election results, leading to a coalition government, raise concerns about potential challenges and policy paralysis ahead. Expert analyses suggest that while coalition governments have historically been effective in driving economic growth, they have struggled to control inflation.
Election Result 2024: Narendra Modi-led NDA wins world's largest elections, but there's a lot to brood over
Election Result 2024: The BJP-led National Democratic Alliance (NDA) is struggling to achieve the 400-seat target set by Prime Minister Narendra Modi in the 2024 Lok Sabha election. Falling short of the 272-seat majority mark, the BJP will need support from key allies like Chandrababu Naidu's TDP and Nitish Kumar's JD(U) to form the next government. Unemployment, inflation, inequality, farmers' protests, and concerns over a repressive government are major challenges for the new NDA coalition government.
India VIX cools off 30% to sub-20 levels as market gets back lost ground
India VIX fell below 20 on Wednesday amidst election outcome favoring NDA with a comfortable majority. Modi 2.0 government held its last cabinet meeting amid positive market sentiments.
Should market worry about whether policy continuity is here to stay or not? Swaminathan Aiyar explains
And I would say managing the coalition again becomes much easier if you stick to continuity. If you want to have sudden changes of policy, various people can have objections because any sudden change of policy creates losers and politicians hate to have the losers, even if there are going to be winners later on.
PM Modi is outgoing; confident Jairam Ramesh distances Congress from Mani Shankar Aiyar's 'controversial' remarks on Chinese aggression
New Delhi: While speaking on the Lok Sabha elections and its outcome on June 4, Congress leader Jairam Ramesh said that Prime Minister Narendra Modi is an outgoing Prime Minister. Congress leader Jairam Ramesh dista...
'Yeh darpok Congress, darpok RJD...Modi not a coward like them': PM Modi
Prime Minister Narendra Modi criticized Congress and Rashtriya Janata Dal as 'cowards' during an election rally in Rohtas, Bihar. He highlighted India's surgical strikes on Pakistan, contrasting his leadership with the previous governments.
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RBI's record dividend presents a delicious dilemma for new Indian government
As India prepares for a new government by June 4, a significant Rs 2.11 lakh crore windfall awaits allocation. Options range from faster deficit reduction to increased spending. Analysts anticipate positive investor sentiment, though preferences vary between deficit reduction and expenditure. The BJP-led government's cautious approach contrasts with opposition promises
Sonia Gandhi spent more than 70 pc of MP funds on minorities: Amit Shah in Raebareli
Raebareli will vote in the fifth phase of the Lok Sabha elections on May 20. Shah also addressed an election rally in Pratapgarh where he said that Rahul Gandhi can be scared of Pakistan's "atom bomb" but the BJP is not, and that Pakistan-occupied Kashmir belongs to India and "we will take it". He was referring to Congress leader Mani Shankar Aiyar's remarks on Pakistan having the atom bomb.
Kejriwal's 10 poll guarantees: Taking on China, better Army jobs & statehood for Delhi
Delhi Chief Minister Arvind Kejriwal unveiled '10 guarantees of Kejriwal' for the Lok Sabha Elections 2024, including 24-hour electricity, free education, and Mohalla clinics. He criticized PM Modi for unfulfilled promises like depositing Rs 15 lakh in bank accounts and creating 2 crore jobs annually. Kejriwal pledged to provide MSP to farmers, discontinue the Agniveer scheme, and pursue full statehood for Delhi. His guarantees also include employment generation, ending corruption, and simplifying GST.
'Nobody knows for sure': Telangana CM Revnath Reddy doubts airstrikes on Pak terror camp post Pulwama attack
Shankar Aiyar is heard advocating the need to show respect to Pakistan while pointing to its nuclear arsenal; Chief Minister Revnath Reddy on Friday raised fresh questions over the Pulwama terror attack in 2019 and the retaliatory airstrikes on a terror hideout in Balakote, deep inside Pakistan.
Congress' "prem" for Pakistan "doesn't seem to stop": Congress leader Mani Shankar Aiyar's Pak remarks stir BJP criticism
Congress leader Mani Shankar Aiyar's recent comments suggesting India should "respect" Pakistan due to its nuclear capabilities have sparked a political uproar, with the BJP accusing Congress of being soft on Pakistan. Aiyar emphasized the need for dialogue with Pakistan but warned against escalating tensions. BJP leaders criticized Aiyar, accusing him of representing Congress's pro-Pakistan stance. Aiyar later clarified that his comments were personal and not the Congress's official stance. Congress dissociated itself from Aiyar's remarks, highlighting Indira Gandhi's role in the 1971 Indo-Pak war.
'This is the most unexciting poll, but...': Swaminathan decodes why Modi will still be back even if BJP loses 100 seats
Renowned economist and journalist Swaminathan Aiyar predicts Prime Minister Narendra Modi's return to power, regardless of potential seat losses. He emphasizes Modi's popularity over concerns like unemployment and inflation. Swaminathan stresses the lack of excitement in the current election and the need for education reform to address unemployment. Despite challenges, he foresees Modi's continued leadership.
If choice is between Narendra Modi & Rahul Gandhi, I have no doubt people will opt for Modi: Swaminathan Aiyar
Swaminathan Aiyar analyzes the critical role of Mr Modi for BJP's success, the impact of historical events on inflation, challenges in the employment sector, the communalization of reservation issues, and the government's technological initiatives for growth amid public perception challenges. Aiyar says: "Our real problem is that we are producing millions of school and college graduates who are unemployable."
BJP giving a Hindu vs Muslim twist to a socialist idea of redistributing wealth from rich to poor: Swaminathan Aiyar
Swaminathan Aiyar explains the Congress's socialist approach to taxing the rich for the benefit of the poor, highlighting the party's historical tax policies and redistribution schemes. "Congress theme is that the BJP loves the suited, booted people, and we are going to take the money out of the suited, booted people and help the poor. So that, to some extent, I find a complete consistency in that."
BJP's Sankalp Patra vs Congress' Nyay Patra for Lok Sabha Elections 2024: A detailed comparison of manifestos
As the Lok Sabha elections draw near, both the Congress party and the Bharatiya Janata Party (BJP) have unveiled their manifestos, offering insights into their plans and pledges for the nation's future. Branded as 'Nyay Patra' and 'Sankalp Patra', respectively, these documents serve as blueprints outlining the parties' visions and commitments.
Could Modi 3.0 be strikingly different from Modi 2.0? Swaminathan Aiyar explains
Swaminathan Aiyar says in the case of Modi 3.0, the emphasis is on more of the same. "The thing is not to be different." The aim of the exercise is saying "I am guaranteeing you that I have done so well for you." Aiyar further says the BJP is so confident that it does not think it has to compete in freebies.
Congress manifesto promises removal of 50 pc reservation cap, caste census, legal MSP guarantee
The Congress has also promised to implement reservation of 10 per cent in jobs and educational institutions for Economically Weaker Sections (EWS) for all castes and communities without discrimination.
"Unlike PM Modi, we don't tell lies...": Congress President Mallikarjun Kharge
Congress President Mallikarjun Kharge asserted that unlike Prime Minister Narendra Modi, his party doesn't make false promises, emphasizing their commitment to fulfill the guarantees outlined in their manifesto. Kharge questioned the fulfillment of Modi's promises, particularly regarding job creation.
Swaminathan Aiyar on Kejriwal’s arrest, corruption issue and election math
Swaminathan Aiyar predicts NDA's victory with allies, highlighting the impressive economic growth amidst global instability and cautions against assuming a consistent high growth path, emphasizing the unpredictability of India's economic trends. Aiyar also says Kejriwal’s arrest has elements of vendetta and timed with eye to election but the fact remains you cannot just keep excusing yourself and refusing to appear before the enforcement directorate.
2024 polls very critical for India's future as secular democracy is under attack: D Raja
The CPI general secretary downplayed the suggestion that the Ram temple consecration will have a decisive impact on the upcoming general elections, and said the BJP's understanding of 'Ram' is different from the people's understanding of the lord.
Elections 2024: Credibility of promises more important than any pledge for future; Modi seen as a doer: Swaminathan Aiyar
Performance, Modi's achievements, and focus on economic growth, infrastructure, connectivity, AI, start-ups, and new businesses are important in elections. The BJP needs to address the issues of unemployment, skills mismatch, and create opportunities for manual work and officer level jobs. Promise on one specific sector or the other is not key because politicians like to assure every single sector.
Farmers protest: How Delhi Chalo 2.0 is different & which groups are leading it this time
The farmer movement has undergone various splits and formations of new organizations. Sanyukt Kisan Morcha (SKM) remains intact but has experienced splinters. Sanyukt Samaj Morcha (SSM) formed and later merged with SKM. Various other groups like BKU (Ekta Ugrahan), BKU (Ekta Sidhupur), BKU (Ekta Dakaunda), Sanyukt Sangharsh Party, SKM (Non-political), and Kisan Mazdoor Morcha have emerged.
'Attempt to conduct Ram temple ceremony will hurt PM Modi': Mani Shankar Aiyar
Congress leader Mani Shankar Aiyar criticised Prime Minister Narendra Modi's plan to personally conduct the consecration ceremony at the Ram temple in Ayodhya, stating that the disapproval of the four shankaracharyas who have refused to attend will have consequences. None of the four shankaracharyas will attend the event in Ayodhya as the consecration ceremony will take place before construction of the temple is completed, making it "against the shastras".
India seen as a new locomotive taking the place of China, expect more FII flows in 2024: Swaminathan Aiyar
“Global investors are not particularly interested in state elections. They look at the larger picture. They have already assumed that Mr Modi is going to win in 2024. The state election win is a confirmation of what they were going to do, but I do not think it changes their view that Modi is going to win in 2024.”
View: India’s economy to end in a better shape than start in 2023
Inflation and growth will be the yin and yang of 2023. The good news is governments and central banks are finally on the same page in realising inflation control is the only way to sustain economic growth. And since, as the slogan — coined by James Carville, who masterminded Bill Clinton’s victory in the 1992 US presidential elections — goes, ‘It’s the economy, stupid,’ we’ll get traction on both.
What is ‘rewari’ and what is ‘jalebi’ must be decided by political parties & voters: Swaminathan Aiyar
“If you are giving free electricity to farmers, this is a terrible thing. It is resulting in certain bankruptcy of the Punjab Government. It has been a serious problem. Supplying highly subsidised urea at one-third the world price is bad and results in farmers using too much of urea and not enough of the others and this spoils the soil. Freebies like PM Kisan schemes is bad.”
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