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Posts Tagged ‘Indian National Congress’

October 28, 2012               1:10 PM IST

The question has swirled around New Delhi for months: Is Rahul Gandhi, scion of India’s most powerful political family, finally poised to take on a major role in running the country’s government?

The answer, apparently, is no. India announced a leadership reshuffle on Sunday that brought several new faces into ministerial positions, but Mr. Gandhi wasn’t among them.

The 42-year-old, a descendant of three past prime ministers, is a general secretary in the ruling Congress party. He has long been viewed as a prime-minister-in-waiting and is widely seen as the face of the Congress party as national elections approach in 2014.

But political analysts say Mr. Gandhi may be running out of time to make himself a credible candidate by showing voters he’s willing to take on real governing duties. “If you’re projected as a prime minister candidate and you don’t take responsibility, that doesn’t say a lot about you,” said Pradip Datta, a political science professor at Delhi University. “It can be interpreted that you don’t want responsibility.”

A representative for Mr. Gandhi didn’t respond immediately to a request for comment.

The Congress party-led coalition government badly needs an image makeover after a two-year stretch when it has presided over a dramatic downshift in economic growth, exacerbated by a battery of corruption scandals. The national mood has improved somewhat after a series of recent policy overhauls meant to jumpstart foreign capital flows and shore up the nation’s finances, including one that opened India to investments from international supermarkets.

The Cabinet reshuffle this weekend was an attempt to inject some new blood in the top ranks, while filling several posts that came open after a death, a resignation and the withdrawal of a key ally, the Trinamool Congress party, from the ruling coalition.

For a while, it looked likely Mr. Gandhi would be in the mix. Speculation mounted in recent months that he was set to take on a larger role in the government or the party after years of focusing on party-building activities in the Congress’s youth wing. Congress officials are well aware of the power of Mr. Gandhi’s name – his father, grandmother, and great grandfather were all prime ministers of India and in many corners of the country their populist legacy continues to resonate. His mother, Sonia Gandhi, is president of the Congress party, which runs the coalition government in New Delhi.

In July, Digvijay Singh, a top Congress official, said Mr. Gandhi would take on greater duties within a few months. Mr. Gandhi himself echoed that sentiment in an interview to NDTV news channel, saying he planned to play a “more pro-active role in the party and government” but the timing was up to his “two bosses” – his mother and Prime Minister Manmohan Singh.

The prime minister told reporters in August he would “welcome him in government,” and previously said he had offered Mr. Gandhi opportunities to join the Cabinet.

“He has shunned posts in the government. He has tried to learn the ropes by working in the Congress party – he hasn’t been particularly successful,” said Prem Shankar Jha, a political analyst and former Indian newspaper editor. Mr. Jha said it is “now or never” for Mr. Gandhi to make his move if he aspires to the highest office.

Mr. Gandhi’s intentions in politics are hard to discern. At times he appears withdrawn from the policy debates raging in Parliament, missing in action precisely when the Congress is desperate for a strong voice to counter the opposition. He hasn’t spelled out positions on many major issues India faces. But he has been vocal on select issues like land rights for farmers and tribal populations and drug use among youth. And he led the Congress’s campaign efforts in Uttar Pradesh’s assembly elections earlier this year, where the party made disappointingly small gains.

Even Mr. Gandhi’s supporters acknowledge he’s had some communications missteps. Last year, after farmers clashed with police in a land acquisition protest, he claimed there was a 70-foot pile of ashes in their village – suggesting it was a mound of burned corpses. But Congress officials later said Mr. Gandhi was mistaken and was only repeating false information someone else had given him. “There can’t be a bigger blunder than that,” Mr. Jha said.

At the height of the government’s standoff last year with activist Anna Hazare, who was demanding swift passage of legislation to create an anti-corruption watchdog agency, Mr. Gandhi gave a speech advocating a constitutional amendment to address the issue – a proposal that puzzled many observers because it would be a long, drawn-out process that was unlikely to resolve the immediate crisis. His idea didn’t get any traction.

from:  http://blogs.wsj.com/indiarealtime/2012/10/28/rahul-gandhi-mia/

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Rahul Gandhi was born on June 19th, 1970 according to http://en.wikipedia.org/wiki/Rahul_Gandhi

June 19th, 1970

6 + 19 +1+9+7+0 = 42 = his life lesson = Everybody loves Rahul.

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June 19th, 1970

6 + 19 = 25 = his core number =  Activist.  Advocate.  Movements.  Rooting for the underdog.

Knight of Wands Tarot card

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June 19th, 1970

19 +1+9+7+0 = 36 = his “secret” number = Managing.  Having his work cut out for him.

Ten of Wands Tarot card

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June 19th, 1970

June 19th

6 + 19 +2+0+1+2 = 30 = his personal year (from June 19th, 2012 to June 18th, 2013) = Quality of life.

30 year + 12 (December) = 42 = his personal month (from December 19th, 2012 to January 18th, 2013) = Relationships.  Everybody loves Rahul.

[When his number (42 (his life lesson)) comes up, that’s when he gets to live/experience what he is here to live/experience.  So December 19th, 2012 to January 18th, 2013 will be HIS month!!!]

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comprehensive summary and list of predictions for 2012:

http://predictionsyear2012.com/

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Sex Numerology available at:

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http://electionnumerology.com/

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June 26, 2012         10:09 AM CT

Pranab Mukherjee resigned as India’s finance minister to vie for the presidency, prompting Prime Minister Manmohan Singh to take charge of the portfolio as he tries to revive a faltering economy.

Singh will head the ministry until Mukherjee’s successor is appointed, Pankaj Pachauri, communications adviser to the prime minister’s office, said in New Delhi today. Singh was finance minister in the 1990s, sparking an economic turnaround that now faces one of its sternest tests. Mukherjee, the ruling Congress party’s nominee for the presidential poll in July, quit earlier in the day.

India’s finance minister Pranab Mukherjee, the ruling Congress party’s pick for July’s presidential poll, confirmed in New Delhi today that he has stepped down and told reporters he will file nomination papers for the election on June 28. Photographer: Pankaj Nangia/Bloomberg

Mukherjee departs with the government projecting record borrowing to plug its budget deficit and as political gridlock hampers efforts to spur investment and ease bottlenecks stoking elevated inflation. The veteran politician’s attempt yesterday to halt a slump in the rupee by allowing foreigners to buy more bonds fizzled, leaving the currency close to its weakest level against the dollar as his three-year tenure ends.

Singh’s decision to refrain from appointing a successor immediately implies he “wants to keep the portfolio with himself for some time to push stalled reforms and lift the slowing economy in order to boost confidence” said Satish Misra, an analyst at the New Delhi-based Observer Research Foundation.

The rupee, which touched a record low of 57.3275 per dollar on June 22, was little changed today at 57.035 per dollar at the close in Mumbai. It is down about 21 percent in the past year, the worst slide among major Asian currencies. Aside from India’s deteriorating outlook, the rupee has also been hurt by Europe’s debt crisis, which has sapped demand for emerging-market assets.

Singh Steps In

Singh, 79, was finance minister for five years from 1991, when India was on the brink of defaulting on some of its overseas debt. In his first two months in the job, he devalued the rupee, tackled government monopolies, cut import tariffs and tax rates, and let foreign companies take majority stakes in sectors including automobiles and pharmaceuticals.

Liberalization spurred faster growth, including an 8.4 percent expansion in the 12 months ended March 2011, before a paralysis in policy making contributed to a slowdown to 5.3 percent last quarter from a year earlier, a nine-year low.

The government’s recent setbacks include the suspension in December of plans to allow foreign companies such as Wal-Mart Stores Inc. to open supermarkets after an ally of the ruling coalition objected. India has also foregone investment in the pension and insurance industries in recent months.

IKEA, Coca-Cola

Swedish furniture retailer IKEA last week eased some of the gloom, saying it wants to open stores in India and may invest as much as 1.5 billion euros ($1.9 billion). Coca-Cola Co. said today the company and its local partners plan to spend $5 billion in the country by 2020.

Mukherjee, 76, entered parliament in 1969 after working as a teacher and journalist. He had stints in charge of India’s foreign, defense, commerce and steel ministries and ran a closed economy as finance minister from 1982 to 1984.

“Given the challenging global environment during his tenure, Mukherjee has done a decent job,” said Vishnu Varathan, an economist at Mizuho Corporate Bank Ltd. in Singapore. “A lot more could have been done, but one has to be mindful of political processes involved which make ground-breaking changes a lot tougher.”

Mukherjee’s resignation may lead to a cabinet reshuffle as Singh tries to revitalize his development agenda to cut poverty.

Possible Replacements

Home Minister Palaniappan Chidambaram, Commerce Minister Anand Sharma, Deputy Chairman of the Planning Commission Montek Singh Ahluwalia, Chairman of the Prime Minister’s Economic Advisory Council Chakravarthy Rangarajan and Rural Development Minister Jairam Ramesh are all probable candidates to replace Mukherjee, Business Standard newspaper reported June 15.

The government projects record borrowing of 5.69 trillion rupees ($100 billion) in the year through March 2013. It aims to narrow the budget gap to 5.1 percent of gross domestic product this fiscal year, from 5.76 percent in 2011-2012.

Inflation accelerated to 7.55 percent in May, and the central bank signaled this month that price pressures are crimping scope to cut interest rates.

Fitch Ratings and Standard & Poor’s have said they may strip Asia’s third-largest economy of its investment-grade rating. The nation has struggled to pare spending on a subsidy program ranging from diesel to fertilizers.

‘Messy Combination’

“It’s a very messy combination of things that is going on in the economy,” said Robert Prior-Wandesforde, Singapore-based director of Asian economics at Credit Suisse Group AG. The next finance minister will need to improve public finances by raising fuel prices and push forward with other reforms, such as introducing a goods and services tax, he said.

The finance ministry and Reserve Bank of India yesterday boosted the amount of government bonds foreign investors can purchase by $5 billion to $20 billion to support the rupee.

The poll for president, India’s highest constitutional office, is due July 19. Elected legislators of state assemblies and the federal parliament will vote to select the successor to Pratibha Devisingh Patil.

While largely a ceremonial post, the president is the supreme commander of the armed forces and oversees the creation of a government after general elections, which are due by 2014.

from:  http://www.bloomberg.com/news/2012-06-26/mukherjee-quits-as-india-finance-minister-to-run-for-presidency.html

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Pranab Mukherjee was born on December 11th, 1935 according to http://en.wikipedia.org/wiki/Pranab_Mukherjee

December 11th, 1935

12 + 11 +1+9+3+5 = 41 = his life lesson = Things get ugly.

Ace of Cups Tarot card

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comprehensive summary and list of predictions for 2012:

http://predictionsyear2012.com/

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discover some of your own numerology for FREE at:

http://numerologybasics.com/

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learn numerology from numerologist to the world, Ed Peterson:

https://www.createspace.com/3411561

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Sex Numerology available at:

https://www.createspace.com/3802937

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