Anticipate more policies like demonetisation: Chinese media

The total absence of dissent in the BJP, unusual for a ruling party in India, is the result of everyone submitting to authority, said Global Times

GN Bureau | March 20, 2017


#Demonetisation   #Narendra Modi   #China   #Global Times  
Representational image
Representational image

Prime minister Narendra Modi's popularity has been validated throughout the election, in which he made himself and his actions the main issue in many public speeches. The ability of Modi to deliver landslide victory results like in UP consolidates his position within the party, said an editorial in a state-run Chinese daily.

Global Times said that this also means that more policies like demonetisation, which was conceived with little political consultation inside the party, can be anticipated. Modi genuinely believes he can deliver the best solutions to many problems in India.

The editorial “Will Modi’s momentum drive India’s future economic reforms?” by Zhen Bo, an assistant research fellow at the Center for South Asia-West China Cooperation and Development Studies, said that from this year's Holi festival in India, the Bharatiya Janata Party (BJP) has started celebrating its victory in the recent state elections.

Modi's party has obtained the majority in Uttar Pradesh and Uttarakhand, in which it has obtained 325 out of 403 seats and 56 out of 70 seats respectively.

It is worth mentioning that this is the fourth time that one single political party has acquired more than 300 seats in the UP legislative assembly competition.

“What's more, the result of the UP election would substantially influence the political balance in India and has always been seen as the signpost of the voters' attitude across India,” it said.

The daily said that people have been criticizing the demonetisation policy when the BJP government suddenly carried it out last November, and the opposition attacked that the policy has brought a lot of suffering to the poor in the countryside. Nevertheless, the disputed policy didn't make the BJP itself suffer. In UP, where most people are farmers, the population has been successfully persuaded by Modi and his team's effective campaigns.

There are two aspects to his demonetisation policy. The first is its actual effect on individuals and the economy. The second is how the policy is sold to the public. It would be better not to confuse success in the latter with the success of the former.

The daily went on to say that generally speaking, “a decisive and aggressive leader will also make mistakes. The lack of restraint from the party will probably result in Modi having a free hand to make decisions on more crucial issues. The total absence of dissent in the BJP, unusual for a ruling party in India, is the result of everyone submitting to the authority”.

But, the BJP-led coalition is unlikely to get a full majority in the 245-seat Rajya Sabha until mid-2019, which is sometimes crucial for the passage of bills in the parliament. Massive wins for the BJP have already prompted investors to bet on a comeback for the BJP-led government in 2019 Lok Sabha elections and continuation of its policies aimed at economic reforms.

People are now looking forward to witnessing further economic reforms such as rollout of the goods and services tax, faster infrastructure development and job creation. The market is also expecting that in the 2019 election, the BJP will have a majority in Rajya Sabha, facilitating even faster liberalisation. However, based on the current situation, the market may find this goal hard to achieve.
 

Comments

 

Other News

Targeting root causes of cancer with green policies

The Budget 2025 was splashed across headlines with its innumerable numbers and policies, but lurking behind the balance sheets is a threat that it has not accounted for yet — the silent, merciless clutches of cancer. The World Health Organisation (WHO) states that it remains one of humanity`s mo

Congress needs course correction: Prithviraj Chavan

Prithviraj Chavan, a former Maharashtra chief minister and veteran Congress leader, feels his party has probably failed to provide a viable alternative to the government, and it needs a course correction. “I do acknowledge that the Congress party may have failed to provide the alternat

Major haul of illegal arms and ammunition in Manipur

In a significant breakthrough, Manipur Police, in a joint operation with Central Armed Police Forces (CAPFs), the Indian Army, and Assam Rifles, recovered a massive cache of illegal arms, ammunition, and explosives during coordinated search operations across five valley districts in the intervening night o

PM visits crash site, meets the injured

Prime minister Narendra Modi on Friday visited the Air India flight crash site in Ahmedabad to assess the situation first-hand. He met officials and emergency response teams working tirelessly in the aftermath of the disaster. He also condoled the loss of numerous lives in the tragic air accident. He con

Air India flight crashes in Ahmedabad

The Air India flight to London crashed in Ahmedabad within munites of the take-off Thursday afternoon. There were 232 passengers and 10 crew members aboard, and reports suggest there was slim chances of anyone surviving. The Boeing 787 Dreamliner crashed and exploded in a fireball barely out

Cabinet approves two multitracking projects of Railways

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on Wednesday approved two projects of the railways ministry with a total cost of Rs. 6,405 crore. These projects include:  1. Koderma – Barkakana Doubling (133 Kms): The project sec

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter