Narendra Modi vs the Dynasty: Contrasting Ideas of India

SaiK · Post by **SaiK** » 06 Jul 2014 03:01

if I were Modi, I would summon Amma, and give a piece of a $h!t to her!

if she deserves good relationship - benefits of growth and development, primarily water and roads, then she better get these criminals jailed for ever!

she is heading a party which is half filled mad-men, and her opponent party is full of rascals

vic · Post by **vic** » 06 Jul 2014 08:12

Let's see how many in BJP have been cut to size:-

LK Advani
Vajpayee (adopted family)
Jaswant Singh
Murli Manohar Joshi
Yashwant Sinha
Shatrughan Sinha
Lalji Tandon
Kalraj Misra
Kalyan Singh (not made minister but treated with respect)
Kathuri
Arun Shourie
Brijesh Misra Family and Group
Bangaru Laxman (is he alive?)
Yeddurappa(not made minister but treated with courtsey)

I think for the first time, completely new group is slowly taking over.

Muppalla · Post by **Muppalla** » 06 Jul 2014 08:28

vic wrote:Let's see how many in BJP have been cut to size:-

LK Advani
Vajpayee (adopted family)
Jaswant Singh
Murli Manohar Joshi
Yashwant Sinha
Shatrughan Sinha
Lalji Tandon
Kalraj Misra
Kalyan Singh (not made minister but treated with respect)
Kathuri
Arun Shourie
Brijesh Misra Family and Group
Bangaru Laxman (is he alive?)
Yeddurappa(not made minister but treated with courtsey)

I think for the first time, completely new group is slowly taking over.

These are at the political side. Even at political appointments side, there are slowly hidden gems are getting out. Basically a new establishment is being built and the dilli-billi is being thrown out. There is a huge unpredictability which is the ace that is sending shivers through spines of several.

Victor · Post by **Victor** » 06 Jul 2014 08:40

panduranghari wrote:...

Like Oprah who made fun of people eating with hands..huh?

Oprah made fun of her ancestors? BTW, Americans eat with their hands too--hamburgers, hotdogs, pizza, fries...

chaanakya · Post by **chaanakya** » 06 Jul 2014 11:33

Modi Effect:

Nikuamma and Samose ka Aalloo err Laloo have decided to kommit harakiri together in coming Ass-e-mbly Election.

Hope they have painful jounery to nether-land together.

chaanakya · Post by **chaanakya** » 06 Jul 2014 11:38

And Congis are reduced to begging for LOP. Expect more whining in Parliament Session, given that Eyeraqui crisis has taken a turn in favour of Govt. MSM newstraders were hoping to show bodies were in for surprise. They could not bring themselves to praise NaMo. Many members, here as well, are pillorying poor nurses rather than praising NaMo for this unparalleled feat just weeks into the office. Misplaced focus, I say.

chetak · Post by **chetak** » 06 Jul 2014 12:18

chaanakya wrote:And Congis are reduced to begging for LOP. Expect more whining in Parliament Session, given that Eyeraqui crisis has taken a turn in favour of Govt. MSM newstraders were hoping to show bodies were in for surprise. They could not bring themselves to praise NaMo. Many members, here as well, are pillorying poor nurses rather than praising NaMo for this unparalleled feat just weeks into the office. Misplaced focus, I say.

I agree that with only a few weeks in office, this is an unparalleled achievement.

Also, the nurses have unnecessarily caused him unwanted difficulties bringing in personal factors in what was a national issue. No doubt aided and abetted by "interested parties" from within the parent state.

Paul · Post by **Paul** » 06 Jul 2014 12:25

Not to worry. The compliment is being returned with compound interest.

http://indianexpress.com/article/india/ ... n-gadkari/

chaanakya · Post by **chaanakya** » 06 Jul 2014 13:06

Press Council Of India

Term of Justice Katju is ending in October 2014. New incumbent needs to be identified and selected. Hope they have someone better.

11th Term members of the PCI are

1.Shri K. S. Sachidananda
Murthy
Resident
Editor :-
Malayala Manorama
2.Shri Shravan Kumar Garg
Editor, Dainik Bhaskar
3. Shri Jagjit Singh Dardi
Editor- Charhdikala
4.Shri Sheetla Singh
Editor- Janmorcha
5.Shri Anil Jugalkishor Agrawal
Editor
‐
Daily
Amravati
Mandal
6.Shri Bishambhar Newar
Editor
‐
Chhapte
‐
Chhapte
7.Shri Rajeev Ranjan Nag
Address (Off.):
Media House
8.Shri Uppala Lakshman
9.Shri Arvind S. Tengse
10.Shri Kosuri Amarnath
11.Shri Kalyan Barooah
12.Sri Sondeep Shankar
13.Shri Arun Kumar
Address (Off):-
The Times of India, Times House,
Fraser Road, Patna- 800 001
14. Shri Vijay Kumar Chopra
Address (Off.):-
Punjab Kesari Building, Civil Lines,
Jalandhar- 144001(Punjab)
15.Shri Sanjay Gupta
Address (Off.):-
Dainik Jagran, 501,
INS Buildings Rafi Marg,
New Delhi- 110 001
16. Shri Gurinder Singh
Owner, Indian Observer
17. Shri V. K. Chopra
Owner,
Filmi
Duniya
18. Dr. Ramasubba Iyer Lakshmipathy
Owner, Health Professional Publications (P)Ltd.
19. Shri Neeraj Bajpai
Joint Editor, UNI
20.Shri Rajeev Sabade
Director, Centre for Media
& Publications,
21.Shri Milan Kumar Dey,
Senior Advocate,
Chairman,Executive Committee
22.Shri A. Krishna Murthy
23.Kum. Meenakshi Natarajan,
M.P. (L.S.)
24.Shri Harin Pathak, M.P.
(L.S.)
25.Shri Sanjay Dina Patil, M.P.
(L.S.)
26.Shri Rajeev Shukla,
M.P.(Rajya Sabha)
27.Shri Prakash Javadekar,
M.P.(Rajya Sabha
http://presscouncil.nic.in/WriteReadDat ... embers.pdf

12th Term will start with New Members and Chairman being nominated for PCI.

SriKumar · Post by **SriKumar** » 06 Jul 2014 18:45

Muppalla wrote:
Let's see how many in BJP have been cut to size:-
LKA ... ....Yeddurappa(not made minister but treated with courtsey)

I think for the first time, completely new group is slowly taking over.
These are at the political side. Even at political appointments side, there are slowly hidden gems are getting out. Basically a new establishment is being built and the dilli-billi is being thrown out. There is a huge unpredictability which is the ace that is sending shivers through spines of several.

^^^ I hope Modi is taking this opportunity to get the corrupt partywallas sidelined ...over time. In the past election, Modi had to suffer/work with some 50-50 characters because of their local strength and support in the constituency (people/land mafia/money etc.). I am hoping that he is able to tide over that...i.e. sideline the corrupt but powerful politicians and specially those with a criminal history.

panduranghari · Post by **panduranghari** » 06 Jul 2014 22:00

Victor wrote:
panduranghari wrote:...

Like Oprah who made fun of people eating with hands..huh?
Oprah made fun of her ancestors? BTW, Americans eat with their hands too--hamburgers, hotdogs, pizza, fries...

I am sure you know the context? Anyway a fun retort by a blogger here

chaanakya · Post by **chaanakya** » 06 Jul 2014 22:07

Kamla Beniwal , Guv of Gujarat, transferred to Mizoramfor remainder of her term that ends in November 2014.

Meanwhile on the radar

However, a few other governors appointed by the previous UPA regime continue to remain in office. They include K Sankaranarayanan (Maharashtra), Sheila Dikshit (Kerala), Jaganath Pahadia (Haryana), Shivraj V Patil (Punjab) besides others. Sankaranayanan was among those asked to quit. ,

fanne · Post by **fanne** » 07 Jul 2014 01:02

Shivraj and Shiela should kept in Governor pot until election of their respective states (or else they will contest and fight), Khurana (ex-BJP CM of Delhi) was kept Governor by UPA for similar reason, unless their removal will help BJP in state election. Then kick them out.

ramana · Post by **ramana** » 07 Jul 2014 01:14

So strategy is good on the surface. Trouble makers are being shielded till they cant hurt.

member_24042 · Post by **member_24042** » 07 Jul 2014 01:49

For instance, any sense of elation which they felt when Narendra Modi said during the election campaign that the Bangladeshi infiltrators would have to pack their bags and leave on the day the results were announced must have dissipated by now.

It isn't only the good neighbourly relations which New Delhi wants to establish with Dhaka which must have disheartened the saffron camp but also the suggestion for visa free entry for Bangladeshis below the age of 13 and above 65 years, which has been opposed by Assam Chief Minister Tarun Gogoi.

What these overtures emphasise is the primacy of development on Modi's agenda, calling for eschewing any possibility of tension in the South Asian region. Since this may not be feasible where China and Pakistan are concerned, New Delhi is apparently keen to establish benign ties at least with Dhaka, ignoring the earlier imputations by the Rashtriya Swayamsevek Sangh (RSS)-led Sangh parivar that the illegal immigrants not only intended to tilt the demographic balance in India in favour of Muslims but also act as "sleeper cells" associated with terrorists.

What is evident from these turns of events is that development has aspects other than mere economic growth. It is not only a matter of roads and bridges - and bullet trains which seem to hold a special fascination for Modi - but also reducing all manner of controversies to the minimum since they may queer the pitch for investment.

The government's exhortations, therefore, to its supporters to be careful in their comments on the social scene are in sync with its desire for a business-friendly environment. Any hint of misogyny, or an attempt at what has been called a psycho-analytic explanation for crimes against women, are to be avoided.

Hence the speed with which a Goa minister retracted his disapproval of women wearing short dresses in pubs or bikinis on the beach. A few days earlier, in the same state, a proposal to send a team of legislators to Brazil ostensibly to learn about the handling of World Cup matches was nipped in the bud.

The keen-eyed Modi government, which appears to keep a close tab on events far and near, is clearly aware that neither an egregious display of conservatism nor an uncalled-for trip at the tax-payers' expense will enhance its image of purposefulness.

It is aware that an economic programme, which highlights the capitalistic agenda represented by glittering malls and multiplexes, cannot be implemented in an atmosphere where women have to be careful of not offending ultra-orthodox sentiments.

This very point was stressed by former finance minister P. Chidambaram in the context of the Shiv Sena's Maratha chauvinism and the Congress-led Maharashtra government's ban on bar girls in Mumbai. His view was that a city aspiring to be the financial capital of India cannot allow "parochial and jingoistic statements and misconceived intentions that belong to moral policing".

As is known, despite the caution, the Prithviraj Chavan government is bent on banning dance bars in Mumbai evidently to please the conservative sections of the population.

But by openly disapproving of such sections in the saffron ranks, the Modi government has shown an assertiveness which is not common among the Indian politicians who tend to take the line of least resistance, especially where conservative sensibilities are concerned.

However, by sidelining some of the key preferences of the Hindutva camp on matters of religion such as the Ram temple, or on the social scene such as women's dresses, the government has underlined its wish to follow a new course, which is markedly different from what used to characterise the BJP and the RSS in the 1990s when the traditionalists held sway.

Among their priorities at the time was to rewrite history books to bring them in line with the saffron worldview or rail against the Christian missionaries or call for a ban on cow slaughter. But none of these issues seem to be of interest to the new government, whose primary objective is on containing price rise and reviving the economy.

There is little doubt that the present scene will be disappointing for any group in the Sangh parivar which believes that there will be a return to the '90s as when Ashok Singhal of the Vishwa Hindu Parishad (VHP) said that only Modi can save India from "total Islamisation".

Modi can be said, therefore, to have prevailed against the traditionalists. His trump card is economic revival. If the growth rates go up and there is hope that the employment situation will improve, his acceptability will be even wider than at present even if his "bitter medicines" in the shape of extracting user charges from the public are criticised by his political opponents.

But outside the field of economics, Modi's main achievement may well be the taming of the saffron extremists.

http://www.indiatimes.com/news/india/mo ... 59656.html

RamaY · Post by **RamaY** » 07 Jul 2014 02:59

All the three agendas mentioned above are in Indian interests, not from a saffron-ideological perspective but also from secular/scientific national interests.

1/ Illegal immigration must be banned UNTIL Indian Civic infra can provide the immigrants a Govt set HDI standards.

2/ Cow slaughter is uneconomical when the total economic costs are calculated and goes against Indian Food Security law.

3/ Religious conversions can be banned UNTIL all the Indians achieve 100% literacy and achieve above mentioned govt-set HDI standards, in order to remove the bad-name associated with Christian conversions, thus making it an 'educated/progressive' individual decision.

Viv S · Post by **Viv S** » 07 Jul 2014 04:12

RamaY wrote:3/ Religious conversions can be banned UNTIL all the Indians achieve 100% literacy and achieve above mentioned govt-set HDI standards, in order to remove the bad-name associated with Christian conversions, thus making it an 'educated/progressive' individual decision.

Is literacy a prerequisite to religious freedom? And if so, why '100% literacy', why not literacy for just the individuals in question?

muraliravi · Post by **muraliravi** » 07 Jul 2014 04:29

RamaY wrote:All the three agendas mentioned above are in Indian interests, not from a saffron-ideological perspective but also from secular/scientific national interests.

1/ Illegal immigration must be banned UNTIL Indian Civic infra can provide the immigrants a Govt set HDI standards.

2/ Cow slaughter is uneconomical when the total economic costs are calculated and goes against Indian Food Security law.

3/ Religious conversions can be banned UNTIL all the Indians achieve 100% literacy and achieve above mentioned govt-set HDI standards, in order to remove the bad-name associated with Christian conversions, thus making it an 'educated/progressive' individual decision.

Illegal immigration and religious conversions should be banned permanently for ever, no until "etc..."

RamaY · Post by **RamaY** » 07 Jul 2014 05:41

Saars... I was giving options to do it in a secular/progressive way and not in communal manner.

This is just a secular prescription... Kick the ball down the road till Bharat becomes militarily, socially, intellectually & economically strong before we go overt...

I personally would prefer an overt & assertive Bharat. If India can make Shakti smile the 2nd time and survive, this is nothing...

Unfortunately majority of Hindu majority are partial Dhimmis and secularists. This proposal is just for them.

RamaY · Post by **RamaY** » 07 Jul 2014 05:43

Viv S wrote:
RamaY wrote:3/ Religious conversions can be banned UNTIL all the Indians achieve 100% literacy and achieve above mentioned govt-set HDI standards, in order to remove the bad-name associated with Christian conversions, thus making it an 'educated/progressive' individual decision.
Is literacy a prerequisite to religious freedom? And if so, why '100% literacy', why not literacy for just the individuals in question?

Yes, unless you support EJ conversions and Love Jihads in one or the other form.

The idea is to link religious conversion laws with the very HDIs that west uses (often changing their combination/definition) to hurt Indian Interests.

Viv S · Post by **Viv S** » 07 Jul 2014 06:45

RamaY wrote:Yes, unless you support EJ conversions and Love Jihads in one or the other form.

That's hardly the only type of conversion. What if someone wanted to convert to .. say Wicca. Unusual perhaps, but its a free country (or at least should be).

The idea is to link religious conversion laws with the very HDIs that west uses (often changing their combination/definition) to hurt Indian Interests.

Concerns about the motives and actions of the West can hardly take precedence over basic freedoms granted to the citizens under the Constitution.

RamaY · Post by **RamaY** » 07 Jul 2014 06:55

The truly honest Indians will have no issue waiting to become a Wicca until rest of Indians achieve a certain HDI.

Freedoms make sense only when they are true freedoms; not when they are traps sold in the name of freedoms.

Should one have the freedom to kill/rape/hurt others? Religious conversion falls under this category. In some religions this is called "Harvesting of Souls".

SanjayC · Post by **SanjayC** » 07 Jul 2014 07:29

^^^ When individual freedoms are being used systematically to undermine the very foundation on which the country stands, they should be taken away. After all, the constitution also has provision to take away individual freedoms of citizens in case of an Emergency threatening the very survival of the nation -- in that case, you loose all your freedoms except freedom of life.

Similarly, when Hinduism, which gives India its unique character and holds the country together, is facing an Emergency threatening its very survival (mass religious conversions orchestrated by foreign forces inimical to the idea of India), there is no harm in taking away freedom to convert. These freedoms, except the freedom of life, are not absolute. Freedom to cook in the house doesn't mean freedom to take money from the neighbour to light fires in every corner to bring the house down.

Indian NGOs take money from foreign enemies to run campaigns against the Indian Government. This freedom is not absolute -- it comes with a tacit understanding that you will not exploit it to harm the country and interests of the race. That is why they are now being taken away, not only in India but in other countries too like Russia. People who harp on individual freedoms as absolute actually argue that it is a one-way traffic. It is not. Their corollary is individual duties -- to exercise individual freedoms in a way as not to destroy the system that makes exercise of those freedoms possible.

Also, freedom to proselytize or convert was denied originally by constitution makers. It was inserted in the face of great opposition by that idiot Nehru after Xian missionaries lobbied him at a personal level. Please read the debates in constituent assembly regarding this and the promises of good behavior by missionaries if the freedom of conversion was given. They were of course making an ass of Nehru and their entire idea was to create a loophole to be exploited later with foreign funding.

RamaY · Post by **RamaY** » 07 Jul 2014 07:55

I am not talking about taking away freedoms.

I am just putting some freedoms like education & Human Development Indicators before religious freedom. It is 400% secular proposal. The govt requests all citizens to hold on to religious freedoms until every Indian is well fed, well read, well treated & most importantly well employed.

I would like to debate anyone who thinks freedom of religion must come before freedom of education, freedom of health care, freedom from rapes/murders etc.,

Yes, in a ideal world we should pursue all this together, but unfortunately the light at the end of the tunnel is under repairs. So please wait.

Viv S · Post by **Viv S** » 07 Jul 2014 11:04

RamaY wrote:I am just putting some freedoms like education & Human Development Indicators before religious freedom. It is 400% secular proposal. The govt requests all citizens to hold on to religious freedoms until every Indian is well fed, well read, well treated & most importantly well employed.

Why 'every Indian'? Why shouldn't someone who's well fed, well read, well treated and well employed have the right to religious freedom?

I would like to debate anyone who thinks freedom of religion must come before freedom of education, freedom of health care, freedom from rapes/murders etc.,

Why must it come before or after them? Does freedom of education come before or after freedom of healthcare? And does freedom of healthcare in turn come before or after security?

SanjayC · Post by **SanjayC** » 07 Jul 2014 11:12

Viv S wrote:Why 'every Indian'? Why shouldn't someone who's well fed, well read, well treated and well employed have the right to religious freedom?

Religious Freedom == Right to practice one's faith.

Religious Freedom =/= Right to preselytize one's faith with a mission to make India one-faith country

The difference is important. The problem arises when people pretend that proselytizing is essential for religious freedom. It is not and only creates social tensions and undermines native civilization. Religious freedom means the right to practice your religion, and that is enough. No need to go further. Organized assault on spiritual beliefs of other peoples to eradicate them is not a part of religious freedom, as many "seculars" egged on by missionaries like to pretend. The state has a duty to protect all religions, especially non-proselytizing ones, from organized assaults from predatory religions. If polytheism is not protected in India, where will it be protected? Saudi Arabia?

sum · Post by **sum** » 07 Jul 2014 11:40

Expect lots of hungama now:
Shariyat courts have no legal sanctity: Supreme Court

Hari Seldon · Post by **Hari Seldon** » 07 Jul 2014 12:55

SanjayC wrote:
Viv S wrote:Why 'every Indian'? Why shouldn't someone who's well fed, well read, well treated and well employed have the right to religious freedom?
Religious Freedom == Right to practice one's faith.

Religious Freedom =/= Right to preselytize one's faith with a mission to make India one-faith country

+1. Needed to be said.

All this hullabaloo about 'individual rights' at best misses the point entirely. Seems more likely to be misdirection and diversion in (indirect?) support of a prosletyzing agenda.

Sachin · Post by **Sachin** » 07 Jul 2014 13:02

sum wrote:Expect lots of hungama now:
Shariyat courts have no legal sanctity: Supreme Court

The court has also said that they can get involved if the parties concerned are okay with it. And the muftis can come up with fatwas after fatwas. Court only going to interfere if such fatwas are going against the established rules, fundamental rights etc.

Vikas · Post by **Vikas** » 07 Jul 2014 15:17

Any court other than those established by act of Parliament have no sanctity otherwise Khap Panchayats would not have been so much in news.
Fatwa in real Islamic sense is just an opinion and is not ruling of some Islamic Court. At least thats what Islamic Scholars say when asked about Fatwa. No Muslim can be or should be forced to follow Fatwa as per Islam.

Neela · Post by **Neela** » 07 Jul 2014 17:15

Around 100 CPI (M) members from the party's stronghold in Kerala join BJP

Hari Seldon · Post by **Hari Seldon** » 07 Jul 2014 18:14

Neela wrote:Around 100 CPI (M) members from the party's stronghold in Kerala join BJP

Its happened before also. And just when jongoes start getting all celebratory, they'll desert lotus en mass and go back to mamma CPM. yawn.

RamaY · Post by **RamaY** » 07 Jul 2014 22:47

Just sayin...

RamaY wrote: Just would like to point out what the Secularists are trying to protect:
"A muslim woman (mother of 5 children) was raped by her father-in-law. When approached to the Sharia-court, it ordered the woman to divorce her husband and live with the Father-in-law. Now SC is saying that the woman doesn't need to live with the Father-in-law. I do not know if SC filed a rape case against the FIL or not.

This is the freedom of religion some people want to protect and even put before the nation.

ramana · Post by **ramana** » 07 Jul 2014 23:21

Foreword in the book Dhanda by Shobha Bondre

FOREWORD

It is nice to receive an appreciable effort by Shobha Bondre in the translated version of the book named Dhandha. The success stories are narrated nicely, glorifying Gujarati culture and courage. Their ways to tackle tough situations with tenderness and to enter the world of entrepreneurship are unique but diverse. The traits, tricks, and tolerance for success are the inherent business sense of Gujaratis—with hard work and habit to toil—till the road to success and path for progress is carved out.

The reasons for the roaring success of the Gujaratis is their sharp intellect, tremendous will power, and incredible capacity for hard work. Success has instilled in them the sound values and high sense of responsibility for society. Caring attitude and humane approach reflects in their professional dealing and dedication to service. Once the challenge is taken, there is no looking back—self-confidence is something to be treasured and lasts for a lifetime.

The characters depicted in the book possess the grace, glory, and guts as expected of Gujarati culture. The honesty and hopes, the respect of relationship and fairness in dealings are directing forces for each one’s success. The lively language and warm words picked up to portrait the personalities will touch every heart.

I compliment Random House India for a worthy publication as well as the Marathi Granthalaya Association for awarding the Best Book Award to the original version.

I hope Dhandha will inspire all to explore and expand the instinct to go ahead in life, with the Gujarati way of branding and bonding.

(NARENDRA MODI)

Chief Minister, Gujarat

I think the bolded parts also apply to Modi's life and quest. Note the triupaya he mentions.

SaiK · Post by **SaiK** » 07 Jul 2014 23:43

commies of mallooland joining bajapa is a scary thought!

Suraj · Post by **Suraj** » 07 Jul 2014 23:46

It's not. The communist support base in Kerala is the Hindu OBCs. That they support the CPI/CPM is an anachronism, due to past communist support for their emancipation. They are a ripe demographic whose interests the BJP can safeguard as well or better than the communists, depending on how much effort the BJP is willing to put into it.

SaiK · Post by **SaiK** » 07 Jul 2014 23:51

may be... as long as the venn diagram does not show the hammer & sickle by behavior, it should be safe.

Prem · Post by **Prem** » 08 Jul 2014 02:58

Traai Reasons Why You Should Care About Narendra Modi

http://seekingalpha.com/article/2301915 ... endra-modi

Narendra Modi's convincing win for a spot atop the world's largest democracy will, within the next two years, have deep and lasting implications for U.S. investors. Though Indian's election failed to receive its fair share of American media attention, Modi, heralded as a panacea for his country's economic woes, will undertake what is a challenging and pervasive effort to modernize an India that continues to languish amidst weak private sector growth and poor infrastructural policies. Modi's efforts--successful or not--will undoubtedly shift the global economy's balance of power and perhaps pave the way for financial markets that are just as attune to India's potential as they are to its northern neighbor's. The S&P Sensex Index jumped more than 5% on Friday and hit a new record high on Monday--but Modi will now embark upon international programs that will attempt to reverse India's policy paralysis, creating momentum for long-term growth and reforming the country's trade relationships.
1. Reforming Intellectual Standards on Many Fronts
Washington has criticized the Indian government's stringent intellectual property laws, which have allowed domestic companies, especially in the pharmaceutical industry, to profit at the expense of international competitors. nvestors should be optimistic about the ability of such pharmaceutical powerhouses as Sanofi (SNY), Pfizer (PFE), and Astra-Zeneca (AZN) to effectively penetrate Indian markets, which are prime regions for many of the rare disease and chronic solutions they innovate.
2. The Rupee
The rupee (INR) rose to an 11-month high (59.29) after Modi's triumph. The Reserve Bank of India (RBI) expects the rupee to embark upon an unprecedented growth narrative under the BJP reign. Citigroup's Adam Gilmour wrote that reformed fiscal policy could push the rupee between the range of 40 to 45 per dollar.Given the BJP's focus on exports and domestic manufacturing (which currently only composes a third of the country's GDP), the rupee should avoid falling close to its low of 68 rupees to the dollar last August. Indian central bank governor Raghuram Rajan recently scrambled to buy dollars via state-banks to halt the rupee's drastic appreciation, but Modi should keep the pressure on the RBI, as reduced uncertainty in the economy will encourage foreign capital inflows. These inflows will have heavy affects across the global economy. A recent move by the RBI to ease import rules, for instance, allows private trading companies to bring gold into India, thus cutting into the precious metal's premium.Furthermore, India's glaring current account deficit--a main catalyst of the rupee's depreciation last year--is likely to continue falling and rest at a relatively stable 2%. This improvement stemmed from stagnant growth and lower imports, but Modi will look to correct the imbalance through a more amenable investment environment. Inflation, too, has largely subsided, all the more reason the rupee may pick up heat in the coming months. Investors should be wary, then, of betting against further gains. As the BJP tightens up current account imbalances, the RBI may have to make more concessions regarding the rupee's strength. IT investors should be especially aware of currency fluctuations; IT equities (WIPRO), which derive most of their revenues in dollars, may see a slight hit to their bottom lines as the rupee appreciates.Modi's ascension will, of course, have many non-economic implications, from crafting positive Muslim-Hindu relations to revamping the country's lagging educational systems. Uncertainty will remain regarding the BJP's ability to execute effective policy without dividing constituents, but India's move away from overly protectionist policies should yield dividends for U.S. investors by amending outdated intellectual property laws, allowing for a more robust inflow of capital, and cementing South Asian peace.If Modi can replicate his success in Gujurat on a national scale, the U.S. will be forced to turn its eye to a new global power in the East.

Viv S · Post by **Viv S** » 08 Jul 2014 03:07

SanjayC wrote:Religious Freedom =/= Right to preselytize one's faith with a mission to make India one-faith country

The difference is important. The problem arises when people pretend that proselytizing is essential for religious freedom.

Which would imply that the checks imposed should be on proselytising not on conversion.

If polytheism is not protected in India, where will it be protected? Saudi Arabia?

Well a ban on religious conversion will certainly give us something in common with Saudi Arabia.

Prem · Post by **Prem** » 08 Jul 2014 03:28

Viv S wrote:
SanjayC wrote:Religious Freedom =/= Right to preselytize one's faith with a mission to make India one-faith country
Well a ban on religious conversion will certainly give us something in common with Saudi Arabia.

Ban on fradulent conversions as well conversion activities sponsered by not so friendly powers for political control purposes have to be treated as national security threat. Civilizational Harakiri is not a noble goal to win wah wah from woo waaws and pubahs. Like Greek, Egyptians and Persians, indians dont need to rush to find place in Museums only.