XI JINPING RISES TO STATURE OF MAO AND DENG
A series of unprecedented political and military developments are taking place in China contiguous to holding of the 19th Congress of the Communist Party of China which began on October 18. While the CPC is well set to mention President Xi Jinping as a mentor, an honour reserved so far for Communist stalwarts Mao Zedong and Deng Xiaoping, this would be the first ever Congress which will have participation of military delegates on an unprecedented scale. Amazingly the former presidents, Jiang Zeming and Hu Jintao, who jointly ruled for two decades, have not been affirmed by name in the party constitution.
NO MORE DILLY-DALLYING ON NPAs OF BANKING SECTOR
Finance Minister Arun Jaitley during his Washington sojourn to attend the Fund-Bank annual jamboree maintained in his interactive session with business leaders that addressing the problem of non-performing assets (NPAs) or what is in plain parlance the unrecoverable debts the public sector banks (PSBs) had been saddled with for far too long remains “a very high priority”. Jaitley said this has two aspects. One is to recover what is recoverable. For this the government has created new laws, amended existing laws and have created a new machinery, which will probably take care of it, he said, obviously alluding to the Insolvency and Bankruptcy Code (IBC) with its far-reaching beneficial implications to the stakeholders.
ROHINGYA ISSUE EXPOSES BJP’S RANK ISLAMOPHOBIA
There was always an element of unreality in Narendra Modi’s “sab ka saath, sab ka vikas” slogan since the call for all-round development meant the inclusion of Muslims. Given the Sangh Parivar’s decades-old antipathy towards the Muslims and Christians, it was difficult to believe that there had been a change of heart in the saffron camp.
EC MOVE ON HP, GUJARAT POLL DATES SMACKS OF FAVOURITISM
The Chief Election Commissioner A K Joti’s action of not notifying the poll dates for Gujarat while announcing the date for the Himachal Pradesh not only makes his action suspect but is also appalling and unacceptable. Joti is aware of the fundamentals of the logic that any action must have a rational reason. But in this case he refrained from mentioning the reason for not announcing the dates for Gujarat.
TRUMP IS DESPERATE FOR A CONFLICT WITH IRAN
The International Atomic Energy Agency (IAEA) has repeatedly found that the Islamic Republic of Iran has not contravened the terms of the 2015 nuclear deal agreed with Western powers. There is no indication from the U.S. State Department that Iran has not been in compliance with the deal. Donald Trump knows this but is prepared to go down the path of decertification in order to once again open up the prospect of conflict with Iran and reinforce the role of the United States in the Middle East.
VENGARA VERDICT: PYRRHIC VICTORY FOR UDF, IUML
THIRUVANANTHAPURAM: The victory of Indian Union Muslim League(IUML) candidate, KNA Khader, in the Vengara by-election was a foregone conclusion. But even the most enthusiastic IUML and United Democratic Front(UDF) activists will concede that it has been a pyrrhic victory, which has grave implications for the party and the UDF, of which IUML is the second most powerful constituent.
CPI(M) MUSTN’T PLAY SPOILER TO OPPOSITION UNITY
The raging debate in the CPI-M about aligning with the Congress to fight against the BJP has brought into focus again the question of the opposition unity and also the relevance of the Left parties. If one looks at 2014 Lok Sabha results, the ruling NDA’s vote share was 38.5 per cent and the UPA’s was just under 23 per cent leaving out nearly 39 per cent for others. Even though the Left is on the decline with just 4.8 per cent vote share, any secular and democratic front cannot be successful without the presence of the communist parties. So if the opposition is serious about challenging the resurgent BJP, it is imperative for them to come together.
ALLAHABAD STUDENTS UNION POLLS RESULTS UNNERVE BJP
LUCKNOW: The impressive victory of Samajwadi Party-backed Samajwadi Chatra Sabha in the Allahabad Students Union polls has given a big jolt to BJP and it is bound to impact state politics as well.
THREE YEARS TOO SHORT A PERIOD TO JUDGE IMPACT OF MAKE IN INDIA
Debaters wade in row over Indian economic growth and its impact on employment generation, after GDP growth slashed to 5.7 percent in the first quarter of 2017-18. Before election, Prime Minister Narendra Modi committed one crore (10 million) jobs a year. Despite economic growth in full strength during the forty month period of Modi regime, green shoots of job opportunities are not visible. According to Labour Bureau statistics, job creation for 2015 and 2016 (April-December) were at much lower level than committed - 15.5 million and 23.1 million respectively.
MODI-NITISH BONHOMIE HIDES MORE THAN IT REVEALS
Pretense of a perfect camaraderie and bonhomie between Prime Minister Narendra Modi and Chief Minister Nitish Kumar was shattered on the campus of the Patna University. The citizens of Bihar were made to believe that the visit of Modi to Patna University would usher the state into a new dawn of academic excellence that would change the dynamics as well as the dimension of the educational horizon in the state.