Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Saturday, 8 February 2014

Slamming Congress in every respect Narendra Modi framed a new hope of coalition in South.

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UPA has put India on the verge of disintegration: Modi in Chennai
Narendra Modi in Chennai.
One India  | Chennai | 8 Feb 2014:: BJP's prime ministerial candidate Narendra Modi addressed a public meeting at VGP Ground at Vandalur, 25 kilometres from here, on Saturday. Modi addressed two rallies earlier in the day, one in Imphal in Manipur and another in Guwahati in Assam. This is Modi's third visit to Tamil Nadu since his anointment as the PM candidate of his party in September last year.

BJP's allies Marumalarchi Dravida Munnetra Kazhagam (MDMK), Tamil Nadu Makkal Katchi and Indhiya Jananayaka Katchi (IJK) shared the stage with Modi. National leaders like R Venkaiah Naidu and P Muralidhar Rao besides various state leaders were present at the rally.

Police had put up a five-tier security ring around the venue after Intelligence Bureau officials raised an alert about a possible attack on Modi during his visit. More than 5,000 police personnel were deployed at various placed across the city as well as the venue. About 5 lakh people turned up at the meeting. 

Slamming the UPA's style of functioning,Modi said, ""Centre vs State, Party vs Government, Government vs Supreme Court, Defence Minister vs Army this is what is happening". Our Federal Structure must be respected in letter & spirit. Irrespective of which party it was, Atal ji embraced them all, he said.

"Congress respect corruption a lot. Their allies are allowed to loot and in Tamil Nadu, you have the beneficiaries too", said Modi, taking a dig at the DMK government in the state.

"In the last 60 years never before has there been tension between the Centre and the Armed Forces", said Modi. But in last 10 years, the forces are dived in sectarian lines, thanks to the UPA government, he said. The thought and work culture of UPA has put India on the verge of disintegration & to save nation we need to bid them goodbye, he said. Work culture must be of cooperation but confrontation, he added.

Raj Bhawan, IT departments, various commissions and even CBI are being misused, said Modi. "To win trust votes CBI is misused. They are used to make and break governments", he said. "Grains meant for poor were given to alcohol makers at 80p even when SC said give it to the poor", he added.

"Such a noble nation we are but on all 4 sides we are being troubled be it China, SL, Bangladesh, Pakistan", said Modi, referring to the incident of Srilanka arresting Tamil fishermen. "We need a strong government in Delhi. If India is strong then our neighbours will also be friendly with us", he said. "If the Government had even little concern for the poor then the condition of the fishermen community in TN would be different", he said. Fishermen of Tamil Nadu have to face major problems. Fishermen are spending time in jails in Srilanka, he said.

Hitting out at Union minister Chidambaram, who is from Tamil Nadu, Modi said, "An arrogant minister from Tamil Nadu said Modi's knowledge is such that it can be written behind a postal stamp". "Only if you put a postal stamp, a letter gets delivered. I have proven myself as an administrator but what have you done as an economist?", Modi hit out at Chidambaram. "You are here because of Harvard, I am here because of my hardwork", he said. "Dear Finance Minister, knowledge of economics does not come from books alone", he said, taking a dig at Chidambaram. Further, Modi slammed the UPA government for not creating jobs for the youth in the country.

Thanking the six political parties who attended the rally, Modi said, " I thank the 6 political parties who have come here to cooprate with us to build a glorious India". 

Courtesy: One India. 

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Narendra Modi attacks Manmohan & Congress for underdeveloped North Eastern states.

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PM, Congress failed to ensure NE's development: Narendra Modi 
"You have tolerated Congress for 60 years.
They only made promises.

Give me just 60 months, I will fulfill your aspirations,"
Modi said. 


PTI | Guwahati/Imphal | 8 Feb 2014:: Narendra Modi today attacked Congress and Prime Minister Manmohan Singh for "failing" to ensure development of Northeast though he represented Assam for the last 23 years in the Rajya Sabha.


"For 23 years you have been sending the Prime Minister from here. You tell me, you made such a big investment but what did you get in return. Did you get anything? ... If he being yours could not do anything for you, then what will he do for the nation?" Modi told public rallies in Guwahati and Imphal. 


He said even if an ordinary worker from Assam had represented the state for so many years, he could have changed the face of the state, but Singh failed to do so and owed an explanation to the people for it. 

"The Congress chief ministers invite the Prime Minister for laying foundation stone or cutting ribbons for projects, but it ends there and nothing happens afterwards," the Gujarat chief minister said. 

Modi said NDA Prime Minister Atal Bihari Vajpayee had taken the initiative of creating a separate ministry for the northeastern region and taken steps to develop it, but the Congress governments in the state and the Centre "have been indulging in corruption only". 

"Among all Northeast states, Assam's condition is worst," he said, alleging "Congress leaders are narrow minded. Their thinking is narrow, dreams are small and vision is shortsighted. 

"You have tolerated Congress for 60 years. They only made promises and misguided the country. Give me just 60 months, I will fulfil your aspirations," Modi said. 

"It's only a matter of 100 days, Congress' exit is confirmed. They won't survive," the Gujarat Chief Minister said. 

Speaking about the death of Arunachal Pradesh student Nido Tania in Delhi, he said "It is a shameful incident for the nation. I offer my prayers for the boy and his family ... There is lack of governance there. There are cases of atrocities on women." [Courtesy: ET].

Related: Narendra Modi rips into Cong at Guwahati rally, blames them for Assam’s acute poverty::Indian Express.
Modi: PM has failed Assam; Nido's death 'national shame:: HT.

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Thursday, 12 December 2013

Narendra Modi: New horizon of large-scale manufacturing.

New Hope, New Financial Horizon.
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Narendra Modi will have to create avenues for investment in large-scale manufacturing

Santosh Tiwari | Financial Express | Dec 12, 2013:: Columbia University professor Arvind Panagariya has been one of the strongest votaries of the Gujarat model of development. In an interview with Santosh Tiwari, Panagariya explains the significance of the outcome of the assembly polls in four states—Delhi, Rajasthan, Madhya Pradesh and Chhattisgarh. He says the primary job of the new government at the Centre would be to formulate a roadmap for boosting investment.
Do you think populist programmes have failed to deliver electorally in view of the results in the recent assembly polls?
Going by the results, especially in Rajasthan where these programmes were tried with great intensity, yes.
But in Chhattisgarh, they seem to have worked for the BJP?
In Chhattisgarh, Raman Singh also provided good governance and his main populist programme, food security, had been in place for some time. So, Rajasthan and Chhattisgarh are not exactly comparable.
So, basically, you mean to say that it has to be populist policies-plus-governance to win an election?
The last-moment gimmicks are not going to help. People are looking for long-term solutions. This is where sustained rapid growth, which is one of the likely outcomes of good governance, becomes important also. The voters now want something concrete and not just promises and last minute goodies.
That way, number of chief ministers have been voted to power a third time in the recent past?
Yes, chief ministers such as Narendra Modi, Nitish Kumar and Naveen Patnaik who have provided good governance and sustained growth have been repeatedly returned to power.
But in Delhi, Sheila Dikshit has not been successful and has been drubbed, particularly by the AAP. What was behind this?
There are several pieces to this puzzle. Delhi is where the Anna Hazare movement flourished. So, there was a large contingent of young voters who were rallying against the Congress but also against the BJP. These voters were very organised and committed to the cause. They ran a highly effective campaign from door-to-door. Perhaps the performance of Sheila Dikshit administration in the last term did not help her either. The allegations emerging out of the CWG scandal hurt her image. Finally, the effective campaign run by Narendra Modi also meant.

Courtesy: The Financial Times.
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Large Scale or Small Scale is not the factor when full bodied Modi Scale will come to monitor 100% development, security and prosperity of the cent percent people of this country. The Modi Mantra is that Savka Sath - Savka Vikash. With Everybody, Development for Everybody.
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Thursday, 28 November 2013

Rural poor eye Narendra Modi's promise. Modi storm everywhere including Congress bastion.

In the Gandhi political bastion, rural poor eye Narendra Modi's promise

Friday, Nov 29, 2013, 8:22 IST | Agency: Reuters:: If Sonia Gandhi and her Congress party need evidence that their policies of subsidies and safety nets for India's poor may no longer be enough to keep their support, they need look no further than her own constituency of Rai Bareli.

In the family borough in the northern heartland, which has been loyal to India's most powerful dynasty from the days of first Prime Minister Jawaharal Nehru, voters want electricity, hospitals and roads, more than the cheap food on offer. Such a change of heart threatens to upend the Congress party's central calculation to win next year's election: that poor rural voters who make up the backbone of support will stay loyal because of the big welfare programmes it promotes, including a flagship $21 billion food subsidy scheme. Instead, even in such a bastion of Congress support as Rai Bareli district, opposition leader Narendra Modi's message of growth and investment is gaining ground, despite critics' misgivings about his hardline Hindu nationalist roots and a perceived bias against the nation's minority Muslims.

"We don't need subsidised food ... It's a donation and we don't want that charity," said Arjun Rewal, a farmer in the Rai Bareli hamlet of Shivgarh in the centre of India's most populous state of Uttar Pradesh. "We need hospitals with doctors, we need roads, we need electricity supply and we need someone who can tackle inflation," the 52-year-old said, emphasising his point with a stab of his earth-brown finger. Rewal and the farmers with him, who meet one evening a week in the grounds of an old palace, see Modi as the person who can deliver. "In this area, for the first time, people are talking about another political leader and that is Narendra Modi," he said. Modi has promised quick reforms and an end to a prolonged period of policy paralysis, pointing to the double-digit pace of expansion in the western state of Gujarat that he has governed for three terms.

Uttar Pradesh sends 80 members of parliament to New Delhi, more than any other state. In the last election in 2009, Congress won 21 seats and Modi's Bharatiya Janata Party (BJP) won 10. According to a recent opinion poll by AC Nielsen for the Economic Times, the BJP could win 27 seats in Uttar Pradesh in the next election, due by May, with Congress winning just 12. Rahul Gandi, Nehru's great grandson, looks likely to lead the Congress into the election, but he was generally seen as lacklustre at state election rallies in Uttar Pradesh in 2012.

Out of frustration Congress baselessly attacks on Modi and Gujarat: Prakash Javadekar


Congress using wrong data to target Modi: BJP



TNN | NEW DELHI | 29 NOV 2013:: BJP on Thursday attacked the Centre for making "baseless allegations" against the Gujarat government, saying it was using wrong data to defame CM Narendra Modi. 

Sibal had described Gujarat as the most indebted state. 

"Sibal has failed to convince even himself with these figures. He did a lot of data mining but came up with wrong data. He is levelling baseless charges against Gujarat and its chief minister," BJP spokesperson Prakash Javadekar said. 

The law minister had sought to puncture Modi's development claims, saying his Gujarat model was not backed by facts. Sibal released a 32-page document carrying statistics about the state's performance on various paradigms and alleged that Gujarat was the "most indebted state of India".


Javadekar suggested that Sibal should do his "homework" well before levelling such charges. 


"We can understand the Congress frustration and that it is unsettled by the response Modi is getting across the country.  Click Here>>Complete Reading Courtesy: TOI.


In short: Narendra Modi. said, "If Congress had followed development agenda for 60 years then things would be different today!"

Gujarat's debt is only 14 per cent of GSDP figures. Unemployment figure in Gujarat is only seven in 1,000. Agriculture growth has been above 10 per cent for the last decade in the state. It is also the first among states in implementation of the 20-point programme in the last 10 years. Congress should not indulge in hollow criticism. Congress=Corruption=Concoction.

Mad Mama of Tarun Thaelka Tejpal and Central Minister Kapil Sibbal is levelling baseless charges against Gujarat and its chief minister and also the Prime Ministerial candidate Sri Narendra Bhai Modi.

Wednesday, 27 November 2013

Modi Economy: New Waves for International Business and Finance Forums.

After Goldman Sachs, Nomura now sees Narendra Modi wave. 

NAMO: THE WORLD LEADER FOR ECONOMIC CHANGE
PTI | Mumbai 27  Nov 2013:: Yet another foreign brokerage has said that it expects Narendra Modi-led BJP to come to power after the Lok Sabha elections.


"Nomura expects a BJP-led coalition to form the next government at the Centre after the 2014 elections," political analyst at the Japanese brokerage, Alastair Newton, said in a note dated yesterday.

However, Newton tempered his political forecast saying "a stable government, regardless of whether it is led by the BJP or the Congress, should support a gradual business cycle recovery."


Nomura India chief economist Sonal Verma added, "Once political stability has been established, we believe past investment projects cleared by the Cabinet Committee of Investment could be implemented. This revival will be led by a debottlenecking of existing investment projects."

Nomura is the second multinational brokerage after Wall Street giant Goldman Sachs to come out with an open political statement supporting the candidacy of Modi for the top political job in the country.

Goldman had also said that the recent market rally was driven by the Modi effect and had pegged the Sensex target for December 2013 at 23,000.

The Goldman statement attracted scathing criticism from a number of senior Union ministers who asked them to stick to what they are good and keep off from meddling in the political matters of the country.

Notwithstanding this, ex-Goldman official Jim O'Neill was quoted repeating the Modi theme for the market by a business channel.

Verma of Nomura said political stability and policy credibility are paramount to corporates making long-term investment decisions. This will help the economy witness a gradual recovery after Q3 of 2014.   Click Here>>Complete Reading Courtesy: ET.


New Hope: GOLDEN GUJARAT. GOLDEN BHARAT. GOLDEN GLOBE. MODI IS THE LEADER. Narendra Modi is becoming the Role Model for Coming World Economics. Gujarat is the starting. This Globe is accepting NAMO Finace Strategy.



Crooked Karat takes on Modi for Corporate Sectors and Communal Riot.

BJP orchestrating riots to make Narendra Modi PM: CPM leader Karat.


Thiruvananthapuram | NOV 27, 2013 : Communist Party of India (Marxist) General Secretary Prakash Karat has alleged that communal violence in different parts of the country is a part of an orchestrated campaign to create communal polarisation to help Bharatiya Janata Party and its prime ministerial candidate Narendra Modi in the coming elections.
He criticised the policies of UPA and BJP and said that only the CPI (M) and Left democratic parties can bring a change by rallying the secular forces and creating alternative policies while inaugurating the three-day state plenum at Palakkad in Kerala.
Karat said CPI (M) workers have to be humble, sincere and dedicated to the people. He urged the party workers to keep away from malpractises, factionalism and other un-communist virtues. He said that after the plenum the party in Kerala will emerge as a strong, more vibrant unit.
CPIM's Leader Karat takes on Modi for alleged 'Corporate Backing' and 'Communal Riot'.
Corporates Back Modi As He Offers to Help Them: Karat.


PALAKKAD (KERALA) | NOV 27, 2013:: CPI(M) today said BJP led by Narendra Modi was getting unprecedented support from big corporates and business houses as it had given clear signals that it would serve their interests better than the Congress-led UPA if voted to power.

Inaugurating the three-day plenum of Kerala unit of CPI(M) here, party General Secretary Prakash Karat said the objective of the Left parties was to oppose Congress and BJP since it alone had the credibility and confidence of the people to take this fight forward.

"Narendra Modi is one political leader who has the unprecedented support of all big corporates and business houses in the country. This signals BJP would be a better servitor of the corporates than Congress," Karat said.

Another danger posed by Modi-led BJP was that it stood for implementing the "Hindutva communal agenda".

"We have seen for the last one year, all over the country, a systematic communal campaign to raise tension and flare up communal clashes. All these were part of an orchestrated campaign for creating communal polarisation for electoral gain for BJP and Narendra Modi," he said.

Prescription: CPIM's KARAT GOT INSANITY. PRAY FOR HIS PAINLESS PASSING. He may chant NAMO..NAMO..108 times a day.