Thursday, September 19, 2013

Mandate 2014: Modi PM – Part I



After announcement of Narendra Modi as official PMship candidate of BJP, the popular debate in the country has heated up further. The Congress Party publically appeared dismissive in its response, while the response of other parties has been mixed. The traditional rivals like communists & RJD and recently divorced JDU have been expectedly extremely critical; whereas many non-aligned parties like AIDMK, BJD, BSP, TMC and SP have either refused to comment or were guarded in their response.
The response of media and political observers has also been mixed at best. The electronic media has mostly focused on how arithmetically it is improbable for Mr. Modi to achieve the goal. The intra party debate and dissention over his appointment has also been highlighted. The observers and commentators both in print and electronic media have so far appeared mostly prejudiced by their political inclinations.
In our view, should the campaign of Mr. Modi be successful and he eventually becomes the prime minister, it would mark a watershed in the history of independence India, the same way as the ascent of Mrs. Indira Gandhi to the post did more than four decades ago.
It is therefore important to understand what the candidature of Mr. Modi means for BJP as a political party; for Indian politics; for Indian economy; and for financial Markets.
Mr. Modi’s Delhi campaign started in right earnest only after his third straight electoral victory in Gujarat last winter. Early this year, we had made an attempt to assess his acceptability as the leader of the country through a very small telephonic survey (see here).
We followed up the February survey by a little larger and deeper survey in past few days. We attempted in particular to explore what in popular perception Modi will do to improve the sagging economic fortunes of the country if he becomes prime minister. We also tried to assess what would it mean for Indian political milieu.
The key findings of the survey are as follows:
(a)   Modi has gained tremendously in popularity since February, particularly in smaller town and cities.
(b)   Much of his support amongst youth at present is driven by a strong anti establishment sentiment. The affirmative support for his views on social-economic policy is slender and confined to upper middle class business community. 
(c)   There are early signs of a wave building in his favor, especially in the Hindi speaking belt. The mass contact program, in the garb of “iron piece collection for Sardar Patel’s statue” beginning October should accelerate the momentum.
(d)   A victory in this winter assembly elections would win him more allies, especially in southern states.
We shall be publishing our detailed opinion based on the latest survey in following few days.
Thought for the day

“Politicians and diapers must be changes often, and for the same reason.”

Mark Twain (American, 1835-1910)

Word of the day

Fleer (v)

To grin or laugh coarsely or mockingly.

(Source: Dictionary.com)

Shri Nārada Uvāca

Reports suggest that Nandan Nilekani may contest 2014 Lok sabha election from South Bangalore on a Congress Ticket.

Two questions:

1.       Is UID project over?

2.       Wouldn’t it be more professional that he contests as independent and joins the government of the day rather than binding himself to Congress Party?

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