Monday, September 14, 2015

Congress is wallowing;Modi is simpering as the economy is rising



The more the vituperative invectives showered by the Congress inside and outside the parliament, the more it will be indirectly helpful for BJP’s limping exuberance. Ever since, Modi has occupied the prestigious position of PM, Congress is not taking any respite to thwart his socioeconomic efforts to discredit him. Modi is vociferously vocal in all his statements to counter their illogical allegations, but he is not projecting the economic upswing  happening in the recent past. Though the same is  the strategic business efforts by overseas corporations, but purely it is based on his relentless activities. This is evident from the present statistics of FDI inflows, which has been increased by nearly 49%
Modi has put his considerable efforts to scale up the foreign policies and also to swing the pendulum to change the shamble conditions of the economy. These are laudable choices, but that does not mean that he has distracted his attention from pressing domestic issues. The opposition forces are unnecessarily barking of NDA government’s failure to streamline the domestic situations with respect to economic and many social status-quo. Modi is not using his volubility, for which he is an expert to highlight his above achievement. In fact, based on his tireless diligence, he has convinced  many big giants of the world either to open or expand their various business operations in India. For example, an investment of nearly 5 billions USD by FOXCONN will create a job opportunity for nearly 50000 persons; CISCO is going to increase its production capacity;  Xiaomi and Gionee are expanding their operations in India. China’s economic recession has prompted these electronic giants to formulate their business enhancement over here. Apart from theses, GE has put up an advanced manufacturing capacity in Pune. The auto conglomerate Renault is starting to export Indian design and manufactured products globally. Ford and Daimler are also following the same steps. The retail markets of India are pervaded by the world renowned companies like Ikea and H & M. UNCTAD has reported India’s upgrading from investment point of view. India now stands at number 9 from an earlier rating of 14. All these are the fruition of indomitable and incredible efforts of Modi, because  most of these successful avenues have taken place precisely, in the last one year. Under the blemish banner to evoke criticism by the Congress party that Modi is not  paying a much attention to domestic fronts, they are digging a big grave for their own burial, at least politically. 
The reduction in oil price and some more other commodities, improvement in the USA’s economy and shelving of the rate hike by US Fed have paved a way to India for its much needed fiscal and monetary policy strengthening, which the country is doing. India is no longer considered as a fragile five and now is one of the most sought out countries for business investment purpose. Despite all these achievements, Modi is a bit subdued in parliament and not projecting these financial statistics as an armor  to curb the negative influences of the opposition forces, who are every now and then disrupting the crucial debates and decisions. Though the upswing of the economy is not so noticeable, but it is coming out of the shackles  of the dark cloud. Now, it needs the cooperation of the Indian business tycoons and industrialists to improve upon the same to become one of the financially domineering countries in the world. Modi must communicate his government’s successes on the above lines.  Investment behavior is all about expectations and the same must be translated into realities through effective communications so as to slice the oppositions into pieces. This is an upheaval task and Modi is a bit skittish to act on this critical issue and his slowness giving Congress an upper hand to scream vehemently without making any contribution to country’s present growth. Their wallowing is a blessing in disguise for Modi, but in the absence of effective communication intermixed with extraordinary achievement statistics, his efforts will be  stultified and the country will be again in financial doldrums.

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