2019 Strategic and Political Analysis-1

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chetak
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Re: 2019 Strategic and Political Analysis-1

Post by chetak »

arshyam wrote:^^ He is the son of an ex-RAW agent. Sad.
the father may have left under dubious circumstances just like the father of another prime time gaddar and rabid Modi hater sreenivasan jain of runditv.

jain also exhibits the very same vile bile and shamelessly spreads lies openly, aided and abetted by his BIF funded bosses.
chetak
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Re: 2019 Strategic and Political Analysis-1

Post by chetak »

Rony wrote:Breaking Indian forces unleash this marxist congress cretin now that Raghuram Rajan lost his relevancy. This banerjee guy will take over Raghuram Rajan's role and will start dissing the economy, exaggerated talk of recession and ranting on 'majoritarianism and fascism'.

The man who argued for tax terrorism to fund Congress’ draconian NYAY scheme awarded with Nobel Prize
right on the button Rony ji.

He is also a fraud foundation paltu unmentionable.

he just couldn't wait to show his allegiance to his BIF masters :mrgreen:

just like the frauds satyarthi and malala, this one is also a highly contrived BIF influenced award and another attempt to foster the international leftist/naxal cabal against India generally and Modi in particular.


'Indian economy on a shaky ground,' says Abhijit Banerjee after winning 2019 Nobel Prize on Economics
chetak
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Re: 2019 Strategic and Political Analysis-1

Post by chetak »

looks like the BIF have deployed rajan to kick India and Modi when they perceived that both the country and Modi are down. (mostly due to the economic conditions prevailing globally and almost every country feeling the effects of such a widespread downturn)

rajan has responded by using the usual smorgasbord of accusations against Modi, the same tired and often used chestnuts of rafale, majoritarianism, demonetisation and the implementation of GST.

It's just as well that pretty boy rajan couldn't find the kitchen sink or he would have gladly thrown that too at Modi.

One wonders what personal devils are so corrosively haunting and eating at rajan, coupled with his eminently forgettable tenure of "public service" in India is driving him to do this.

this guy turned out to be far more mediocre and intellectually bankrupt than earlier thought.

As someone mentioned in an earlier post regarding rajan, su swamy was one of the very few people who read this creep correctly right from the beginning.


Raghuram Rajan’s volte-face: After endorsing Congress’ NYAY dole-out scheme, Rajan now says welfare scheme are ‘too costly’


Raghuram Rajan’s volte-face: After endorsing Congress’ NYAY dole-out scheme, Rajan now says welfare scheme are ‘too costly’

Besides this u-turn, Rajan also made politically motivated remarks against the BJP government while delivering OP Jindal lecture at Watson Institute, Brown University, on October 9.

OPINDIA STAFF
OCTOBER 14, 2019

Raghuram Rajan takes a u-turn on his views on welfare schemes implemented by the government

In the run-up to the Lok Sabha elections 2019, then Congress had announced in its manifesto a “Minimum Income Guarantee Scheme”- formally called Nyuntam Aay Yojana (NYAY), to five crore ‘poorest families’ covering 25 crore people by assuring them a guaranteeing minimum income of ₹6,000 per month or ₹72,000 a year. However, the party soon found itself at its wits’ end as questions related to the feasibility of such a costly ‘free money’ scheme started erupting.

Former RBI governor, Raghuram Rajan, then came out in the defence of the dole-out scheme asserting that the Congress party consulted him on the workability of NYAY and that fiscal space can be created for its implementation.


Image

Former RBI governor Raghuram Rajan claiming ‘fiscal space’ for NYAY can be created for Congress ‘free money’ scheme

The article which was published on March 27, 2019, the former RBI governor defended NYAY scheme while many economists and financial advisors had put a question mark on the financial viability and feasibility of such a money-guzzling dole-out scheme. Rajan, in an interview, had then hailed NYAY saying that “It is important to create fiscal space for such schemes, which are actually effective”.

However, barely within 7 months, Rajan seems to have made an abrupt 180-degree turn on his understanding of welfare schemes. In his latest critique of the central government, Rajan held a dim view of the BJP government at the centre’s welfare schemes, claiming that they are aimed to gain political capital among people. Opposing the welfare schemes, he said that the country is in throes of economic slowdown and the country cannot keep spending on welfare schemes.

Image

Raghuram Rajan now says welfare scheme will further slow down economy.

This assertion is in stark contrast to the views he had expressed about the implementation of Congress’ NYAY scheme. NYAY scheme if implemented would have cost Rs 3.60 lakh crores per year to the public exchequer or 2 per cent of the national income. At Rs 3.60 lakh crores, the outlay under the scheme was projected 3 times India’s fiscal deficit, six times the defence budget and two times the corporate receipts. For Rajan, creating fiscal space for such a huge expenditure was possible but the welfare schemes initiated by the current government to stimulate demand are ill-conceived.

Besides this u-turn, Rajan also made politically motivated remarks against the BJP government while delivering OP Jindal lecture at Watson Institute, Brown University, on October 9. Slamming central government’s alleged majoritarianism, Rajan warned that “It will take the country down the dark and uncertain path”. He also ranted about Demonetisation and the implementation of GST as the primary reasons behind the current slowdown.
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Re: 2019 Strategic and Political Analysis-1

Post by Vayutuvan »

Chetak ji, 2009 Nobel should read 2019 Nobull. Just a mudraa raakshasha. Here is hoping that you sir find it somewhat amusing.
chetak
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Re: 2019 Strategic and Political Analysis-1

Post by chetak »

Vayutuvan wrote:
Chetak ji, 2009 Nobel should read 2019 Nobull. Just a mudraa raakshasha. Here is hoping that you sir find it somewhat amusing.
simply quoting the headlines only, saar.

not for me to edit what our alleged intellectual betters write, no

apparently our intellectual betters have now woken up and having shaken off the drunken excesses of the previous night they have corrected the headline. :)
chetak
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Re: 2019 Strategic and Political Analysis-1

Post by chetak »

no truer words have been said on this topic :mrgreen:


twitter

Congratulations to Abhijeet Banerjee for Nobel in economics. Congratulations to Nobel for picking on the usual theme of poverty. Congratulations to politicians who believe these economic theories. Congratulations to people who believe in Politicians!
Last edited by chetak on 15 Oct 2019 10:37, edited 1 time in total.
Manish_Sharma
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Re: 2019 Strategic and Political Analysis-1

Post by Manish_Sharma »

https://www.opindia.com/2019/10/rayta-t ... ssion=true

‘Rayta’, ‘Trad’ and everything in between: A gentle introduction to the Indian non-Left
| K Bhattacharjee On October 14, 2019 |

One of the greatest joys Twitter has to offer is the opportunity to watch random strangers be completely vicious to one another without provocation. Recently, I elaborated on the divisions within the Indian Rightwing and the great churn it finds itself in the middle of.

As it so happens, people of these various groups constantly have arguments with one another which tend to be vicious at times. Certain words are thrown at each other during these volatile arguments, words that have become an integral part of the Indian non-Left lexicon. Two of them are ‘Trad’ and ‘Rayta’.

The popularity of these words, among many other things, is a contribution of the Reactionary Right to the non-left narrative on social media.

These words were invented sometime in 2016-17 by people on social media to be used as self-identifiers as well as insults for other people. However, with the passage of time, as they got more popular the meaning of these terms became muddled and it wasn’t entirely clear what any of this meant.

Therefore, of late, it has become a necessity to explain these terms for the lay folk. Interestingly enough, most people do not care to be identified with such labels. It is other people who categorize an individual into these groups.

To put it succinctly, ‘Trad’ is short for Traditionalist and ‘Rayta’ is a pejorative for people who belong to the ‘Raytawing’. The latter, in turn, is a pejorative for the Vikas Right.

‘Raytawing’ is inspired by the popular Hindi phrase ‘Rayta failana’ which roughly translates to making a mess of things. As readers would be aware, ‘Rayta failana’ is something that Delhi CM Kejriwal is often accused of.

As I had mentioned in a previous article, the Vikas Right is the liberal section of the non-left that comprises of the Liberal Right and the Economic Right. Members of the Vikas Right believe in ‘true secularism’, ‘true liberalism’, ‘true feminism’ and other such ‘true’ versions of western ideologies.

Staunch support for absolute freedom of expression is also advocated.

Their main grouse with the Left is that the Indian Left has perverted the meaning of such ideologies. The opposition to the Left from the Vikas Right comes from the ideological position that the Left has failed to adhere to the ideologies they claim to advocate.

Thus, the Vikas Right’s criticism of the Left can be reduced to: “We are the real liberals. You are the real fascists.”

The Reactionary Right, on the other hand, is a huge umbrella of ideologies. There are the Blackpillers, people who consider secular democracy to be the root of all problems, the social conservatives, the Hindu Rashtra advocates, then there are the ‘Trads’ and people of numerous other bents.

The Vikas Right lumps all these disparate groups, who are often in conflict with each other, into one category: Trads.

Extremely few people on the Reactionary Right identify themselves as ‘Trad’. Also, there is a certain degree of overlap between the groups. The social conservatives support a tradition-based society and are averse towards the idea of reforming Hindu society into a liberal one.

In that, they have the support of the anti-secular Democracy camp. The Blackpillers consider the transformation of Hindu society into a liberal one not only as inevitable but something that has already come to pass.

Thus, while these three groups agree that Hindu society should not transform into a liberal one, two of them do not think it has come to pass while the third believes Hindu society is doomed to perish because it has already transformed into one.

Just as Vikas Right has its own set of non-negotiables, the Reactionary Right has its set of ideological positions that are not up for negotiations. However, these are very few and can be considered the bare minimum.

The first is the beef-eating. It is thoroughly condemned by the Reactionary Right and considered one of the gravest sins that a Hindu could commit. Thus, it puts them at odds with the Vikas Right who believe that an individual should be free to eat what they please and beef-eaters can be staunch Hindus as well; an ideological position that is completely unpalatable to the Reactionary Right.

The second is an opposition to all western ideologies, their ‘true’ versions and false. Secularism, Liberalism, Feminism and the assorted ones that form the complete western memeplex. The Reactionary Right considers even the ‘true’ versions of these ideologies as moral depravities that should have no place in India.

Thus, their opposition towards the Left comes from an ideological position that completely rejects the Left’s ideological premise. Needless to say, it puts them in opposition to the Vikas Right as well.

Additionally, the Reactionary Right does not really believe in absolute freedom of expression. However, this does not cause much friction with the Vikas Right as it is considered too trivial a point.

The social conservatives have their own set of ideological inclinations. They believe that things such as premarital sex and alcohol should be avoided, people should get married at a suitable age and have children and they are of the opinion that a society based on Hindu conservative values is infinitely more preferable to one based on liberalism.

These are completely mainstream Hindu positions that are endorsed by an overwhelming majority of Hindu society.

The self-identified ‘Trads’ and ‘Blackpillers’ agree with the social conservatives on these basic matters. However, an extremely small fringe section of the former and the latter take it to extremes and advocate positions and indulge in behaviour that is neither endorsed nor appreciated by the social conservatives or the other two camps, which often leads to conflict between these groups as well.

It is important to mention here that self-identified Trads essentially represent a faction of people among social conservatives who bond better with each other.

The vicious arguments on social media between the Vikas Right and the Reactionary Right is primarily one that involves people from the former and a fringe section of ‘Trads’ and the Blackpillers.

However, the Vikas Right is often inclined to attribute the behaviour of people on the fringes to the entire Reactionary Right because the positions of the latter are not palatable to the former.

Meanwhile, social conservatives and ‘Trads’ alike are pilloried for being ‘Shastra thumpers’ by Blackpillers and they, in turn, are denounced by the others as well.

It is important to remember here that all these groups in the Reactionary Right who are denounced by the Vikas Right as ‘Trads’, despite their many differences, have valid points to make.

The Blackpillers, for instance, who tend to be the most vicious at times, take after an individual on the fringes of social media discussion who happens to be one of the most brilliant minds in the Reactionary Right.

However, due to his ‘Blackpill’ behaviour, his account tends to get suspended pretty quickly. But his threads on history and the unique insights into it he provides are certainly of great worth.

Thus, to sum it up, the Reactionary Right considers the Vikas Right to be ‘Raytawing’ and its members to be ‘Rayta’. The Vikas Right considers the entire Reactionary Right to be ‘Trad’ which is certainly not the case.

Even self-identified ‘Trads’ will not fit the definition of ‘Trads’ that the Vikas Right has come up with.

The fundamental difference between the Reactionary Right and Vikas Right stems from the opinions they have of Hinduism.

While the former considers Hinduism to have a strict moral code that involves dos and don’ts, the latter believes Hinduism to be a laissez-faire affair that is the embodiment of ‘true secularism’, ‘true feminism’, ‘true liberalism’ and everything else that comes along with it.

The Reactionary Right considers this position ‘Rayta’.

It is pertinent to remember here that this is a very broad classification of the Indian Rightwing but one that is simple enough to explain the diversity of opinions within it.

Despite the enormous diversity and the occasional volatile arguments between the various camps, it is a point to be noted that most people, regardless of the camp they can be categorized into, can and do have conversations with each other that do not degenerate into obscenities.

It is also important to note that all these camps, by virtue of their very existence, have something meaningful to add to the discussion.

Most people, regardless of how they identify themselves or how they are identified as, do not indulge in obscenities and do not engage in these volatile arguments.

Even the ones that do often have very salient insights to offer that make the larger discussions much more interesting and fascinating. Social media by its very nature tends to bring out the worst in people.

Thus, the arguments are not really surprising. More importantly, even through arguments, some good things eventually are added into the larger narrative.

Despite all these differences and the volatile arguments, these groups have a lot of things in common. The entire Indian ‘rightwing’ agrees on certain basic things: Demography is Destiny, the Left is anti-Hindu, Temples shouldn’t be controlled by the State, RTE is evil, the Judiciary is crazy, Narendra Modi is the best thing to have happened to India since sliced bread, Rahul Gandhi is the epitome of human intelligence. Okay, maybe not the last one but the larger point stands.

As long as the Indian rightwing continues to recognize the larger unity of thought, reasonable discussions will continue to occur and the churn in the Indian Rightwing will yield fruitful results.
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Re: 2019 Strategic and Political Analysis-1

Post by Sachin »

^^^ Nobel prizes seems to now have a very identifiable pattern and the modus operandi of any Indian getting the award is easily predictable. This chap is going to be Amartya Sen II.
chetak
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Re: 2019 Strategic and Political Analysis-1

Post by chetak »

the jnu genes are very evident.

as is the commie/naxal congi link.

this also means that he paid Delhi Police for security clearance to obtain his Indian passport.



twitter

Oh those glorious days.
'Nobel' laureate Abhijit Banerjee, architect of NYAY scheme and advisor to Congress, was jailed in Tihar by the then Congress government (in 1983) for gheraoing' the vice-chancellor of JNU. He was charged with attempt to murder.


When Nobel Laureate Abhijit Banerjee was Jailed in Tihar for 'Gheraoing' JNU Vice Chancellor
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Re: 2019 Strategic and Political Analysis-1

Post by Kashi »

Sachin wrote:^^^ Nobel prizes seems to now have a very identifiable pattern and the modus operandi of any Indian getting the award is easily predictable. This chap is going to be Amartya Sen II.
It's not just him, but his wife was also awarded the same "prize".

Notably, his mother gave a few soundbites to the press
ये सरकार किसी की बात नहीं सुन रही और आगे भी नहीं सुनेगी. स्थिति बेहद चिंताजनक है.
"This government is not listening to anyone. It's quite a worrisome situation."

Notable was this bit.
हमारे परिवार के अमर्त्य सेन के साथ पारिवारिक रिश्ते हैं. वह हमारे लिए परिवार की तरह और बेहद करीबी शख्स हैं.
"We have 'familial ties' with Amartya Sen."

https://aajtak.intoday.in/story/economi ... 28646.html

A pattern there?
chetak
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Re: 2019 Strategic and Political Analysis-1

Post by chetak »

Kashi wrote:
Sachin wrote:^^^ Nobel prizes seems to now have a very identifiable pattern and the modus operandi of any Indian getting the award is easily predictable. This chap is going to be Amartya Sen II.
It's not just him, but his wife was also awarded the same "prize".

Notably, his mother gave a few soundbites to the press
ये सरकार किसी की बात नहीं सुन रही और आगे भी नहीं सुनेगी. स्थिति बेहद चिंताजनक है.
"This government is not listening to anyone. It's quite a worrisome situation."

Notable was this bit.
हमारे परिवार के अमर्त्य सेन के साथ पारिवारिक रिश्ते हैं. वह हमारे लिए परिवार की तरह और बेहद करीबी शख्स हैं.
"We have 'familial ties' with Amartya Sen."

https://aajtak.intoday.in/story/economi ... 28646.html

A pattern there?
per wiki

Duflo married MIT professor Banerjee in 2015. They have a child, born in 2012.[17][18] Banerjee was a joint supervisor of Duflo's PhD in economics at MIT in 1999.[5]

Arrow @Arrow_007

Abhijit Banerjee DESERTED his first wife and married his intern who was doing Phd under him - quite a colourful character

9:49 PM - 14 Oct 2019
vimal
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Re: 2019 Strategic and Political Analysis-1

Post by vimal »

And here you go!

https://twitter.com/chhuti_is/status/11 ... 4979625984
Aparna @chhuti_is

Dear Dhoklaeaters

We gave you:
6 Nobels
1 Oscar for Lifetime Achievement
National Anthem
Vande Mataram

We eat fish and motton. Beef and pork.

Keep your Dhokla, Khandvi & thepla away from us.

GET OUT.
pankajs
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Re: 2019 Strategic and Political Analysis-1

Post by pankajs »

vimal wrote:And here you go!

https://twitter.com/chhuti_is/status/11 ... 4979625984
Aparna @chhuti_is

Dear Dhoklaeaters

We gave you:
6 Nobels
1 Oscar for Lifetime Achievement
National Anthem
Vande Mataram

We eat fish and motton. Beef and pork.

Keep your Dhokla, Khandvi & thepla away from us.

GET OUT.
Note the deliberate baiting of the Yindu by putting "beef" on the menu rather than keeping it to generics like "Meat & Fish". A possible reply could be ..

All sensible work started by eastern wing could only be take to their proper conclusion by "Dhokla, Khandvi & thepla" eating people.

1. The Independence movement/Revolution started in Bengal reach a conclusion only "Dhokla" Gandhi.
2. The integration of the Union of India too needed a "Dhokla" Patel.
3. Industrialization that started in Bengal achieved its peak only under "Dhokla" people.

Moreover, Science is now backing the "Dhokla, Khandvi & thepla" eating people vs the meat eaters on Environment & Health. Keep the hate and anti-science behavior away from us.

Added Later: There is a chance that this is to create a Bengal vs Gujarat fight to help Mumtaz Banojee shore up her support amongst the educated Bengalis. To that extent one needs to be careful and only dealing in facts and not stray too far from the middle on road replies.
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Re: 2019 Strategic and Political Analysis-1

Post by Kashi »

Who are the 6 nobel laureates referred to in the tweet?
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Re: 2019 Strategic and Political Analysis-1

Post by vishvak »

Kashi wrote:Who are the 6 nobel laureates referred to in the tweet?
Good question. How many economic Nobel laureate are non-white AND Indian. (ans 2 correct me if I am weing).

Point is do they have to have Gori mam wife/companion for Nobel economic prize, and only THEN work on poverty in India subject.
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Re: 2019 Strategic and Political Analysis-1

Post by kvraghav »

We have given them Mumbai, Hyderabad, Bangalore, Delhi and Chennai?
chetak
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Re: 2019 Strategic and Political Analysis-1

Post by chetak »

is trump really as callous as we all thought or is he simply clever like a fox


Bryan Dean Wright Verified account @BryanDeanWright 9h9 hours ago

Bottom line: Trump and his team have a credible foreign policy supporting this withdrawal.

We can still kill ISIS.

We can bog down the Russians, Iranians, Turks, & Syrians.

Yes, we lose a Kurdish ally made up of both honorable & terroristic fighters.

But there is a strategy.

But there is a strategy and here it is

https://twitter.com/BryanDeanWright/sta ... 5529846785
chetak
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Re: 2019 Strategic and Political Analysis-1

Post by chetak »

Bryan Dean Wright Verified account @BryanDeanWright

There is a national security strategy behind Trump’s withdrawal from Syria.

You may not like it (neocons). You may doubt it will work (Beltway “experts”). Or you may just hate Trump (Dems).

But there is a plan.

Here it is...

3:39 PM - 14 Oct 2019
Here it is...

https://twitter.com/BryanDeanWright/sta ... 2443525123
pankajs
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Re: 2019 Strategic and Political Analysis-1

Post by pankajs »

vishvak wrote:
Kashi wrote:Who are the 6 nobel laureates referred to in the tweet?
Good question. How many economic Nobel laureate are non-white AND Indian. (ans 2 correct me if I am weing).

Point is do they have to have Gori mam wife/companion for Nobel economic prize, and only THEN work on poverty in India subject.
The number 6 comes form here and "connection" is the keyword
https://theprint.in/india/abhijit-baner ... ta/305737/
Economist Abhijit Banerjee is the sixth Nobel winner with a Kolkata connection
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Re: 2019 Strategic and Political Analysis-1

Post by pankajs »

Has this been posted ...

https://twitter.com/axidentaljourno/sta ... 8548387842
Ananthakrishnan G @axidentaljourno

#Ayodhya hearing: Emperor Aurangazeb was one of the most liberal rulers: Sr Advocate Rajeev Dhavan for Sunni Central Wakf Board @IndianExpress
One can vent on this or use it to needle the so called "Liberals" and "Progressives" and make them defend Aurangazeb.
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Re: 2019 Strategic and Political Analysis-1

Post by SudiptoDey »

vimal wrote:And here you go!

https://twitter.com/chhuti_is/status/11 ... 4979625984
Aparna @chhuti_is

Dear Dhoklaeaters

We gave you:
6 Nobels
1 Oscar for Lifetime Achievement
National Anthem
Vande Mataram

We eat fish and motton. Beef and pork.

Keep your Dhokla, Khandvi & thepla away from us.

GET OUT.
I have done my part. Here it is -
https://twitter.com/Sudipta54828643/sta ... 2668493825
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Re: 2019 Strategic and Political Analysis-1

Post by SRajesh »

pankajs wrote:Has this been posted ...

https://twitter.com/axidentaljourno/sta ... 8548387842
Ananthakrishnan G @axidentaljourno

#Ayodhya hearing: Emperor Aurangazeb was one of the most liberal rulers: Sr Advocate Rajeev Dhavan for Sunni Central Wakf Board @IndianExpress
One can vent on this or use it to needle the so called "Liberals" and "Progressives" and make them defend Aurangazeb.
Pankji
Add this to the most liberandu emperor of India
https://www.deccanherald.com/assembly-e ... 68524.html :D
My wife told me interesting conversation she had with her colleague who is from Iraq. She was asked what is the population of the peacefuls in our state i.e., Karnataka, and on her answer apparently he said openly wait until they cross over 51% and it will become peaceful state period!! :eek:
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Re: 2019 Strategic and Political Analysis-1

Post by pankajs »

Shri Amit Shah's interview on Aaj Tak

https://www.youtube.com/watch?v=-o2AhCyx3SE
pankajs
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Re: 2019 Strategic and Political Analysis-1

Post by pankajs »

Shri Amit Shah's interview on Times Now

https://www.youtube.com/watch?v=n6bmZXJqxgE
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Re: 2019 Strategic and Political Analysis-1

Post by Karthik S »

Rsatchi wrote:
pankajs wrote:Has this been posted ...

https://twitter.com/axidentaljourno/sta ... 8548387842

One can vent on this or use it to needle the so called "Liberals" and "Progressives" and make them defend Aurangazeb.
Pankji
Add this to the most liberandu emperor of India
https://www.deccanherald.com/assembly-e ... 68524.html :D
My wife told me interesting conversation she had with her colleague who is from Iraq. She was asked what is the population of the peacefuls in our state i.e., Karnataka, and on her answer apparently he said openly wait until they cross over 51% and it will become peaceful state period!! :eek:
Well it's public knowledge isn't it? Don't need an iraqi to tell that.
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Re: 2019 Strategic and Political Analysis-1

Post by SRajesh »

Karthik S wrote:
Rsatchi wrote: Pankji
Add this to the most liberandu emperor of India
https://www.deccanherald.com/assembly-e ... 68524.html :D
My wife told me interesting conversation she had with her colleague who is from Iraq. She was asked what is the population of the peacefuls in our state i.e., Karnataka, and on her answer apparently he said openly wait until they cross over 51% and it will become peaceful state period!! :eek:
Well it's public knowledge isn't it? Don't need an iraqi to tell that.
Karthikji
That's exactly the point every two-bit peaceful thinks he has point to make about India :shock:
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Re: 2019 Strategic and Political Analysis-1

Post by dnivas »

I had this Paki at the train station talking about no freedoms for Muslims in Kashmir and how Muslims are being killed in India.

I told him the percentage of minorities in Pukistan in 1947 and the percentage now and compared that against India and he stayed silent.

To make it worse for him, i asked him muslims are being killed and they hate life , why is Pakistan not accepting them or why are Indians not going to Pakistan .

The conversation ended right then. The reason he started ths whining was when I told him half my family was Christian and the next day he started his whining aainst the Hindus and how they are always so sneaky. [Mind blown]
Suraj
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Re: 2019 Strategic and Political Analysis-1

Post by Suraj »

Rajan continues to exhibit the behavior of a person who's acutely aware that the zenith of his career is past him despite being in the prime of his professional life. Banerjee is merely 2 years senior to Rajan, and is already a Nobel Laureate. Rajan is motivated to attempt to erase the blot on his resume that reads 'prematurely dumped from role as head of one of world's most powerful central banks'. He has no legacy like Alan Greenspan or Paul Volcker.

Rajan's commentary also describes his acute lack of skin in the game, same as Banerjee. Unlike a bureaucrat who stands to lose out in retirement from a bad tenure, these folks can step on a plane and head for the lucrative lecture circuit abroad. Those working with the Indian government do not 'speak their mind' to the press at every turn, especially not in the case of this government. They work in committees who submit their reports to the RBI or the FinMin as the case may be.

Even assuming Rajan has good intentions, he demonstrates a continued lack of awareness of how the system works, despite having worked within it befor. With no real scholarship unlike Banerjee, he's unlikely to ever win a Nobel either, something that's clearly a source of great angst to him. He's like the talented capable kid lacking the focus and disciple to do work that would get him long term professional rewards, instead preferring the instagram life of his milieu.
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Re: 2019 Strategic and Political Analysis-1

Post by sudeepj »

chetak wrote:looks like the BIF have deployed rajan to kick India and Modi when they perceived that both the country and Modi are down. (mostly due to the economic conditions prevailing globally and almost every country feeling the effects of such a widespread downturn)

rajan has responded by using the usual smorgasbord of accusations against Modi, the same tired and often used chestnuts of rafale, majoritarianism, demonetisation and the implementation of GST.


Raghuram Rajan’s volte-face: After endorsing Congress’ NYAY dole-out scheme, Rajan now says welfare scheme are ‘too costly’


Raghuram Rajan’s volte-face: After endorsing Congress’ NYAY dole-out scheme, Rajan now says welfare scheme are ‘too costly’


Raghuram Rajan takes a u-turn on his views on welfare schemes implemented by the government

In the run-up to the Lok Sabha elections 2019, then Congress had announced in its manifesto a “Minimum Income Guarantee Scheme”- formally called Nyuntam Aay Yojana (NYAY), to five crore ‘poorest families’ covering 25 crore people by assuring them a guaranteeing minimum income of ₹6,000 per month or ₹72,000 a year. However, the party soon found itself at its wits’ end as questions related to the feasibility of such a costly ‘free money’ scheme started erupting.

Former RBI governor, Raghuram Rajan, then came out in the defence of the dole-out scheme asserting that the Congress party consulted him on the workability of NYAY and that fiscal space can be created for its implementation.


Image
Former RBI governor Raghuram Rajan claiming ‘fiscal space’ for NYAY can be created for Congress ‘free money’ scheme

The article which was published on March 27, 2019, the former RBI governor defended NYAY scheme while many economists and financial advisors had put a question mark on the financial viability and feasibility of such a money-guzzling dole-out scheme. Rajan, in an interview, had then hailed NYAY saying that “It is important to create fiscal space for such schemes, which are actually effective”.

However, barely within 7 months, Rajan seems to have made an abrupt 180-degree turn on his understanding of welfare schemes. In his latest critique of the central government, Rajan held a dim view of the BJP government at the centre’s welfare schemes, claiming that they are aimed to gain political capital among people. Opposing the welfare schemes, he said that the country is in throes of economic slowdown and the country cannot keep spending on welfare schemes.

Image
Raghuram Rajan now says welfare scheme will further slow down economy.

This assertion is in stark contrast to the views he had expressed about the implementation of Congress’ NYAY scheme. NYAY scheme if implemented would have cost Rs 3.60 lakh crores per year to the public exchequer or 2 per cent of the national income. At Rs 3.60 lakh crores, the outlay under the scheme was projected 3 times India’s fiscal deficit, six times the defence budget and two times the corporate receipts. For Rajan, creating fiscal space for such a huge expenditure was possible but the welfare schemes initiated by the current government to stimulate demand are ill-conceived.

Besides this u-turn, Rajan also made politically motivated remarks against the BJP government while delivering OP Jindal lecture at Watson Institute, Brown University, on October 9. Slamming central government’s alleged majoritarianism, Rajan warned that “It will take the country down the dark and uncertain path”. He also ranted about Demonetisation and the implementation of GST as the primary reasons behind the current slowdown.
These cretins - Rajan, Urjit Patel, Viral Shah engineered the current slowdown by holding real interest rates too high for far too long. Add to it the useless obsession with fiscal deficit.. They are basically a chorus employed to herd a nationalist government in a certain direction and let the peoples welfare be damned. Its to the credit of this govt. that I think now, they have an independent brain trust that can judge these recommendations on its own and doesnt get bullied by mega mouths into taking self destructive steps.
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Re: 2019 Strategic and Political Analysis-1

Post by Rudradev »

Abhijit Banerjee spent 10 days in Tihar jail for the attempted murder of the Vice Chancellor of JNU. That is the level of rabid Naxal he is.
nachiket
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Re: 2019 Strategic and Political Analysis-1

Post by nachiket »

We are spending far too much time discussing the antecedents of an American recipient of the Sveriges Riksbank Prize in Economic Sciences.
vijayk
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Re: 2019 Strategic and Political Analysis-1

Post by vijayk »

https://swarajyamag.com/ideas/poor-econ ... -guilty-to
Poor Economics Is At Heart Of Rahul Gandhi’s NYAY. How Much Does Abhijit Banerjee Plead Guilty To?
One wonders how much of the blame for the Congress party’s NYAY scheme (Nyuntam Aay Yojana) should be laid at the door of Abhijit Banerjee, joint winner of the Nobel prize in economics this year along with Esther Duflo and Michael Kremer, but at least some of it will surely stick to him.
Soon after the Nobel award for Banerjee & Co was announced, Rahul Gandhi tweeted his congratulations, and claimed Banerjee’s concurrence for NYAY. Gandhi tweeted: “Abhijit helped conceptualise NYAY that had the power to destroy poverty and boost the Indian economy. Instead we now have Modinomics, that's destroying the economy and boosting poverty.”
Under the poorly-thought-out scheme, 20 per cent of the poorest households in the country were to be given Rs 6,000 a month – Rs 72,000 annually – at a final cost of Rs 3.6 lakh crore annually when fully rolled out. Luckily for the economy, Rahul Gandhi did not come to power in May 2019.
The real problems with the scheme were how the government would go about selecting this 20 per cent, and how the scheme would be financed. As a targeted basic income scheme for the poor, the scheme was likely to have faced as many implementation hurdles as any other, thus leading to leakages and corruption.
In contrast, consider how simple the Pradhan Mantri Kisan Samman Nidhi is: it covers all farming households, and offers a manageable income support of Rs 6,000 annually, paid out in four-monthly instalments of Rs 2,000 each. This yields an average of Rs 500 per month. It is thus a universal farm income support scheme. Though initially targeted at small and marginal farmers, post-election the scheme was rolled out to all farming households, big or small.
Abhijit Banerjee’s book Poor Economics, jointly authored with spouse Duflo, showed what kind of schemes work best for the poor. He would probably not have allowed a scheme like NYAY to meander into a mess if he had had the actual responsibility for its implementation if the Congress party came to power.
But at the macro level, his economics does not seem too different from traditional Keynesian remedies, for he advocated raising taxes or increasing deficit financing to finance NYAY. High government borrowings would have ultimately resulted in an 'inflation tax', and Banerjee seemed okay with that.
That, surely, is poor economics.
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Re: 2019 Strategic and Political Analysis-1

Post by ricky_v »

The problem with people who form their world view on the basis of whatever stand-up comics say particularly the limp wristed denizens of metro cities is that they have the right mixture of cultural contempt, self hatred, superiority complex, sm circle jerk membership and a will to obfuscate any and every action. In short you cannot reason with such people because their main grouse is "not enough" in all endeavours.
Thus they will pray at the altar of any rockstar or tech guru and will look down upon their own people, it's not just maculayite education it's an entire feedback ecosystem.
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Re: 2019 Strategic and Political Analysis-1

Post by ramana »

Suraj wrote:Rajan continues to exhibit the behavior of a person who's acutely aware that the zenith of his career is past him despite being in the prime of his professional life. Banerjee is merely 2 years senior to Rajan, and is already a Nobel Laureate. Rajan is motivated to attempt to erase the blot on his resume that reads 'prematurely dumped from role as head of one of world's most powerful central banks'. He has no legacy like Alan Greenspan or Paul Volcker.

Rajan's commentary also describes his acute lack of skin in the game, same as Banerjee. Unlike a bureaucrat who stands to lose out in retirement from a bad tenure, these folks can step on a plane and head for the lucrative lecture circuit abroad. Those working with the Indian government do not 'speak their mind' to the press at every turn, especially not in the case of this government. They work in committees who submit their reports to the RBI or the FinMin as the case may be.

Even assuming Rajan has good intentions, he demonstrates a continued lack of awareness of how the system works, despite having worked within it before. With no real scholarship unlike Banerjee, he's unlikely to ever win a Nobel either, something that's clearly a source of great angst to him. He's like the talented capable kid lacking the focus and disciple to do work that would get him long term professional rewards, instead preferring the instagram life of his milieu.
Herodotus wrote about people like R^3:

"Of all men's miseries the bitterest is this: to know so much and to have control over nothing!" Herodotus

But his involvement in the RBI funds caper shows he is a devious person.
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Re: 2019 Strategic and Political Analysis-1

Post by nachiket »

somdev wrote:
nachiket wrote:We are spending far too much time discussing the antecedents of an American recipient of the Sveriges Riksbank Prize in Economic Sciences.
True .... I would rather discuss the euphoria of howdy Texan diaspora :)
Sure. At least many of the people there were Indian citizens. And all of the people there whether Indian or American came to listen to the Prime Minister of India.
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Re: 2019 Strategic and Political Analysis-1

Post by A_Gupta »

Report of Doval speech.
https://www.dailyexcelsior.com/pak-unde ... atf-doval/
Doval addressing a meeting of the chiefs of the Anti Terrorism Squads (ATS).
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Re: 2019 Strategic and Political Analysis-1

Post by Sachin »

ED arrests P Chidambaram from Tihar in INX media case
Chidu seems to be jumping to fire from the frying pan. I also don't hear is smart alec quotes and statements to media etc these days. Seems to be in silence mode.
Image

And De.Ke.Shi's relatives are also being summoned left, right & center. GoI seems to be going hammer & tongs on the "secular" establishment of India.
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Re: 2019 Strategic and Political Analysis-1

Post by chetak »

somdev wrote:
Rudradev wrote:Abhijit Banerjee spent 10 days in Tihar jail for the attempted murder of the Vice Chancellor of JNU. That is the level of rabid Naxal he is.
That was a blanket charge put on every agitating student which was subsequently dropped!

ei incumbit probatio qui dicit, non qui negat
this is like debating the degree of the stench emanating from a malodorous pig :mrgreen:

who gave such asses the right to rant about India.

are they themselves as pure as the driven snow.
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Re: 2019 Strategic and Political Analysis-1

Post by chetak »

economical with the truth about his long innings with the GoI, both as the 15th Chief Economic Adviser to the Government of India and the RBI gov rajan seems to have met his match.

This is the perfect ambush.

pant utar de nirmalaji ne, public ke samne.

She has the govt files and rajan has only the jnu commie/naxal/congi audience and mms has only his personally invented coalition dharma policy which he so ably deployed under the hypnotizing spell of the mafia matha and her BIF NAC coterie using which he not only survived but also thrived.


‘Liberal-friendly’ leadership left behind such a nasty stink of corruption that we are cleaning up even today: Nirmala Sitharaman on Raghuram Rajan’s tirade
‘Liberal-friendly’ leadership left behind such a nasty stink of corruption that we are cleaning up even today: Nirmala Sitharaman on Raghuram Rajan’s tirade


OCTOBER 16, 2019

Finance Minister Nirmala Sitharaman, delivering a lecture at the Columbia University’s School of International and Public Affairs here on Tuesday, said that her primary duty today was giving ‘lifeline’ to all the public sector banks.

Union Finance Minister Nirmala Sitharaman said that the Indian public sector banks had the ‘worst phase’ under former Prime Minister Manmohan Singh and RBI Governor Raghuram Rajan.

“I’m taking a minute to respond and I do respect Raghuram Rajan as a great scholar who chose to be in the central bank in India at a time when the Indian economy was all buoyant,” Sitharaman said during the lecture organised by the Deepak and Neera Raj Centre on Indian Economic Policies of the Columbia University.

Responding to Raghuram Rajan’s constant tirades against the Modi government, Sitharaman said that it was during Rajan’s time as Governor of the Reserve Bank that loans were given just based on phone calls from crony leaders. She said the banks are depending on the government’s equity infusion to get out of that mire till today.

The Union Minister said that there were major issues with bank loans during Rajan’s tenure as the central bank head.

Rajan had commented during a recent lecture at Brown University in which he had claimed that the Narendra Modi government had not done better on the economy because the government was extremely centralised and the leadership did not have a consistent articulated vision on how to achieve economic growth.

“Dr Singh was the Prime Minister and I’m sure Dr Rajan will agree that Dr Singh would have had a ‘consistent articulated vision’ for India,” Sitharaman said, amidst laughter from the audience.

She added, “With due respect, I’m not making fun of anybody but I certainly want to put this forward for a comment which has come like this. I have no reason to doubt that Rajan feels for every word of what he is saying. And I’m here today, giving him his due respect, but also placing the fact before you that Indian public sector banks did not have the worst phase than when the combination of Singh and Rajan, as Prime Minister and the Governor of Reserve Bank, had. At that time, none of us knew about it,” she said.

“I am grateful that Rajan did an asset quality review but I’m sorry, can all of us put together also think of asking what ails our banks today. Where has it been inherited from,” she added.

Sitharaman said that while economists can take a view of what prevails today or prevailed years ago and said she wanted answers for the time when Rajan was in the Governor’s post speaking about the Indian banks, for which today to give a lifeline is the primary duty of the Finance Minister of India.

Responding to the question of whether there has been a centralised leadership in the present government, Sitharaman took a dig at Rajan by pointing out that if there was a feeling that there’s been a centralised leadership currently, then I would like to say that very ‘democratised leadership’ led to a whole lot of corruption.

“You need to have a country as diverse as India with effective leadership. A rather too democratic leadership, which probably will have the approval of quite a lot of liberals, I’m afraid, left behind such a nasty stink of corruption, which we are cleaning up even today,” she said.
Kaivalya
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Re: 2019 Strategic and Political Analysis-1

Post by Kaivalya »

chetak wrote:economical with the truth about his long innings with the GoI, both as the 15th Chief Economic Adviser to the Government of India and the RBI gov rajan seems to have met his match.

This is the perfect ambush.

pant utar de nirmalaji ne, public ke samne.

She has the govt files and rajan has only the jnu commie/naxal/congi audience and mms has only his personally invented coalition dharma policy which he so ably deployed under the hypnotizing spell of the mafia matha and her BIF NAC coterie using which he not only survived but also thrived.


‘Liberal-friendly’ leadership left behind such a nasty stink of corruption that we are cleaning up even today: Nirmala Sitharaman on Raghuram Rajan’s tirade
‘Liberal-friendly’ leadership left behind such a nasty stink of corruption that we are cleaning up even today: Nirmala Sitharaman on Raghuram Rajan’s tirade


OCTOBER 16, 2019

Finance Minister Nirmala Sitharaman, delivering a lecture at the Columbia University’s School of International and Public Affairs here on Tuesday, said that her primary duty today was giving ‘lifeline’ to all the public sector banks.

Union Finance Minister Nirmala Sitharaman said that the Indian public sector banks had the ‘worst phase’ under former Prime Minister Manmohan Singh and RBI Governor Raghuram Rajan.

“I’m taking a minute to respond and I do respect Raghuram Rajan as a great scholar who chose to be in the central bank in India at a time when the Indian economy was all buoyant,” Sitharaman said during the lecture organised by the Deepak and Neera Raj Centre on Indian Economic Policies of the Columbia University.

Responding to Raghuram Rajan’s constant tirades against the Modi government, Sitharaman said that it was during Rajan’s time as Governor of the Reserve Bank that loans were given just based on phone calls from crony leaders. She said the banks are depending on the government’s equity infusion to get out of that mire till today.

The Union Minister said that there were major issues with bank loans during Rajan’s tenure as the central bank head.

Rajan had commented during a recent lecture at Brown University in which he had claimed that the Narendra Modi government had not done better on the economy because the government was extremely centralised and the leadership did not have a consistent articulated vision on how to achieve economic growth.

“Dr Singh was the Prime Minister and I’m sure Dr Rajan will agree that Dr Singh would have had a ‘consistent articulated vision’ for India,” Sitharaman said, amidst laughter from the audience.

She added, “With due respect, I’m not making fun of anybody but I certainly want to put this forward for a comment which has come like this. I have no reason to doubt that Rajan feels for every word of what he is saying. And I’m here today, giving him his due respect, but also placing the fact before you that Indian public sector banks did not have the worst phase than when the combination of Singh and Rajan, as Prime Minister and the Governor of Reserve Bank, had. At that time, none of us knew about it,” she said.

“I am grateful that Rajan did an asset quality review but I’m sorry, can all of us put together also think of asking what ails our banks today. Where has it been inherited from,” she added.

Sitharaman said that while economists can take a view of what prevails today or prevailed years ago and said she wanted answers for the time when Rajan was in the Governor’s post speaking about the Indian banks, for which today to give a lifeline is the primary duty of the Finance Minister of India.

Responding to the question of whether there has been a centralised leadership in the present government, Sitharaman took a dig at Rajan by pointing out that if there was a feeling that there’s been a centralised leadership currently, then I would like to say that very ‘democratised leadership’ led to a whole lot of corruption.

“You need to have a country as diverse as India with effective leadership. A rather too democratic leadership, which probably will have the approval of quite a lot of liberals, I’m afraid, left behind such a nasty stink of corruption, which we are cleaning up even today,” she said.
+1 chetakji. She took the fight to R3 university circuit where he was making noise like he could do better. I wish RBI puts asset quality reports across psu banks, cooperative banks, nbfcs for say 5 years so we can show real improvement. Let me search for it... It would be good to prove postive action in the ground is better than ivy league credential talk

Update 1 : Please see data that I posted in the economics thread. The loan originations with NPAs were from mid 2000s. If I can search and see the data in a couple of hours, I am sure talking head scholars can see it too...the posturing by linking gst to npa, economic leadership, government leadership etc. Shows political leaning and/or ambition
Last edited by Kaivalya on 16 Oct 2019 22:41, edited 1 time in total.
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