Category Archives: Politics

Looking back – and forward – from Modi’s election: Shashank Kela

Guest post by SHASHANK KELA

So now the gloves are off. For the BJP, that is, whose victory in these elections gives India not only its most right-wing government, but, more to the point, a prime minister to the right of his party – more laissez faire, openly contemptuous of minorities, authoritarian in style. What the party, and Narendra Modi, will make of its – and his – comprehensive victory will soon be apparent, but the omens are far from good. Working in a coalition and under the supposedly moderate leadership of Atal Behari Vajpayee, the BJP between 1998 and 2004 achieved quite a lot – not just in the cultural wars that are its forte, but also in terms of putting economic “reform” on steroids. Now that it is being advised by that distinguished dispenser of received opinion and tireless self promoter, Dr Jagdish Bhagwati – an economist whose ignorance of history and the methods through which economic development was actually achieved in almost every successful industrial economy from Great Britain in the 16th and 17th centuries to South Korea in the 20th (cue: protectionism and lots of effective government intervention) is stupendous even by the low standards of the discipline – all bets are off. Continue reading Looking back – and forward – from Modi’s election: Shashank Kela

A Chronicle of an Event Foretold? Sankaran Krishna

Guest Post by SANKARAN KRISHNA 

As journalists, academics and other pundits scramble to make sense of the just concluded elections to the Indian parliament, one can discern a few broad strands of opinion. One group – lets call them the Optimists – point to India’s almost seven-decades long experiment with electoral democracy and aver that we have the institutional strength and resilience in civil society to keep Prime Minister Narendra Modi and his Bharatiya Janata Party confined to a moderate middle that will be, ultimately, not very different from other regimes (single-party or coalition) that have ruled from Delhi. Prominent voices among the Optimists are Ashutosh Varshney, Ram Guha and Pratap Bhanu Mehta.

A second group – lets call them the Alarmists- see the BJP’s clear parliamentary majority (albeit arising from a mere 31% of the popular vote) as inaugurating an era of unapologetic Hindu majoritarianism that could severely strain and irreparably damage the plural fabric of Indian society. They are especially concerned about the fate of the Muslim minority and regard the 2002 pogrom in Gujarat as a foretaste of things to come.  The Alarmists range across activists like the late Asghar Ali Engineer, politicos like Mani Shankar Aiyar and intellectuals such as Akeel Bilgrami.  Continue reading A Chronicle of an Event Foretold? Sankaran Krishna

Honouring Mukul Sinha: The Struggle of Memory Against Forgetting: Saumya Uma and Arvind Narrain

This is a guest post by Saumya Uma and Arvind Narrain

Among the miniscule tribe of human rights lawyers, even one loss is irreplaceable. We felt that way when we lost K. Balagopal in 2009, K.G. Kannabiran in 2010 and most recently when, Mukul Sinha passed away on 12 May 2013. Each of these figures were giants in the world of human rights activism who struggled for an idea of India which all too often remained an ideal and a vision, sometimes far from reality. Regardless of how distant the vision of a real and functioning democracy, founded on the ideals of social and economic justice was, these three figures never lost heart, always communicating a spirit of hope about the future based on concrete and grounded work in the present. Continue reading Honouring Mukul Sinha: The Struggle of Memory Against Forgetting: Saumya Uma and Arvind Narrain

History and Idealism in the Aam Aadmi Party’s 2014 Victories in Panjab: Puninder Singh

Guest post by PUNINDER SINGH

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Bhagwant Singh Mann, now AAP MP from Sangrur, on the campaign trail

The Indian general election of 2014 will firstly be remembered for the signal self-destruction and implosion of independent India’s three-quarters-of-a-century-old ruling dynasty and its political arm, the Congress Party. Whether the unexpected series of victories by the fledgling Aam Aadmi Party (AAP) in Panjab will be remembered as an interesting anomaly, or as a galvanizing moment of genuine political change, remains to be seen. But just how a party that only a few months ago was essentially unknown on the national political scene, short on funding, and with virtually no organizational infrastructure, managed to secure 25% of the popular vote and four of thirteen Lok Sabha seats in Panjab (with a narrow miss on a fifth seat) is a tale that needs to be told. Although the newly demarcated role of the AAP as the gadfly and moral conscience of the political scene has been important to its success from a national perspective, it was the intersection of a new political ideology with a particular historical juncture that enabled the AAP to emerge as a giant-killer in Panjab where it met with frustrating disappointment in every other Parliamentary election that it contested elsewhere in India. 

The AAP’s success in Panjab comes almost exactly thirty years after the devastating events of 1984, including Operation Bluestar (the Indian army’s full out assault on one of the holiest of Sikh shrines, Harmandir Sahib, and the adjacent Akaal Takht, one of the seats of Sikh temporal power), the subsequent assassination of then Prime Minister Indira Gandhi, and in its aftermath, the Congress Party-orchestrated retaliatory massacres of thousands of Sikhs in New Delhi. The timing of the AAP’s success in Panjab precisely three decades after 1984 is by no means coincidental, but rather is closely tied to the unfolding history of Panjab in the post-1984 period. The momentous events of 1984 were followed by the tumultuous period of 1984-1992 in Panjab. Continue reading History and Idealism in the Aam Aadmi Party’s 2014 Victories in Panjab: Puninder Singh

Waiting on Biafra and Lanka

As May turns into June the quiet loneliness of war-torn Jaffna lies before me. For how much longer, years or decades into the future, will I look back into the past? And who will help me reflect on that past?

Some, fifty years ago, the tragedy of Biafra unfolded. I grew up hearing about the legacy of Biafra. During the early years of Tamil militancy, my father and a few other Tamil intellectuals of his generation warned that we may end up like Biafra. That many intellectuals perished in the struggle for Biafra I knew, but what they did I did not know back then.

It is over the last year, that I returned to Biafra, through the powerful novel of Chimamanda Adichie, Half of a Yellow Sun. A novel sometimes helps us think about questions we find difficult to ask. Adichie made me think about how long it takes for us to grasp the suffering that comes with a devastating war. Indeed, Adichie writes about Biafra some forty years after. From Adichie, I moved to Chinua Achebe’s There Was a Country: A Personal History of Biafra. What struck me most about Achebe’s memoir, is that almost fifty years later, he is still struggling to come to terms with what Biafra meant to him, shackled by lingering nationalist sentiment. It takes a life time or even more to deal with the past in places like Biafra and Lanka.

Mid-May marked the fifth year since the end of the war in Sri Lanka. Continue reading Waiting on Biafra and Lanka

Queer Eye for Narendra bhai – Affect, Memory, and Politics in Desperate Times: Pronoy Rai

This is a guest post by Pronoy Rai

There is something awfully nostalgic about May 16. The election results brought with them a sense of melancholy-laden déjà vu. For the queers and allies on the political Left, the sinking feeling that May 16 brought with it, was reminiscent of yet another day, December 11, 2013; the day the Indian Supreme Court reversed the decision of the Delhi High Court decriminalizing homosexuality in India. It was once again criminal to be gay in India; once again the legal State apparatus had rendered queer bodies vulnerable to violence, from the State and from the political Right. There was a sense of desperation and disheartening injustice; what avenues remained to be sought when the country’s highest courts had us disappointed?

The Rashtriya Swayamsevak Sangh (RSS) and the Bharatiya Janata Party (BJP) had vehemently welcomed the Supreme Court judgment then, but our incoming Prime Minister, Narendra Modi, remained silent. It was perhaps too trivial an issue for him to address; when were rights anyway a matter of importance for him? If the indigenous people and forest dwellers of Gujarat could make the Indian mass media listen to them, they would tell us the story of Gujarat’s abysmal performance in settling land claims and distributing title deeds. Rights, especially of the fragments, are a roadblock for the Modi-style Development machine.

Continue reading Queer Eye for Narendra bhai – Affect, Memory, and Politics in Desperate Times: Pronoy Rai

Welcome to Pseudo-Democracy – Unpacking the BJP Victory: Irfan Ahmad

Guest Post by IRFAN AHMAD

This article offers a preliminary analysis of what the Modi phenomenon means in terms of BJP’s sweeping win on 16 May. It makes four propositions.

First, we stop seeing it as an individual phenomenon centered on the personality of Modi even as his votaries as well as some critics tend to view it that way.

Second, the Modi phenomenon is triumph of a massive ideological movement at the center of which stands the Rashtriya Swayamsewak Sangh, RSS. Sharply distinguishing between the BJP and the RSS is a naivety; the RSS’ influence goes far beyond as numerous politicians under its influence have gone to the non-RSS parties in the same way as politicians from the non-RSS parties have joined the RSS-BJP collective.

Third, the BJP victory is neither due to development nor due to anti-corruption but due to Hindutva dressed as development so that both were rendered synonymous. The BJP victory, I contend, is an outcome of a violent mobilization against “the other”, Muslims.

Fourth, BJP’s victory is not the triumph of democracy but its subversion. Charting a different genealogy of demokratiain Greek, I argue how it is pseudo democracy.

As I explain these propositions, I request readers to be somewhat patient –they are a bit long, like the night of 16 May.    Continue reading Welcome to Pseudo-Democracy – Unpacking the BJP Victory: Irfan Ahmad

Beyond the Elections – Need for a Vibrant and Credible Left

The Peaceful Counter-revolution

It may not be an exaggeration to say that what has just transpired is nothing short of a peaceful counter-revolution. Counter-revolution, not because there was an imminent threat of revolution that has been put down, but because the big bourgeoisie has finally put an end to the challenge from mass struggles that corporate interests had been facing. Struggles around land acquisition, the pressures for environmental clearance that held-up corporate projects, social welfare programmes that came in the way of the most unbridled pursuit of profit, and subsidies that supposedly introduced market distortions – all these had been greatly troubling the corporate sector and their ideologues. A campaign was built up, gradually over the past few years, to install a strong leader with a solid majority, who would give the bourgeoisie a free hand. And it must be admitted today that most of us failed to see where and how that threat was building up. We failed to see that for at least three, perhaps four years, the idea of the ‘Gujarat model’ was being put in place as a shorthand for an unrestrained play to private big capital.

Even when we realized that Modi was being pushed seriously, our eyes were still fixed on the older question of Modi’s culpability or otherwise in the 2002 carnage in Gujarat. The dream of the Gujarat model was sold over the years in many different ways, among precisely those sections whose support the Left (in its broadest sense) would have liked to enlist. The UPA government, of course, left no stone unturned in alienating itself from its popular support. Thus while important social welfare programmes, formulated under pressure from popular and social movements lagged behind in implementation, the neoliberal axis of Manmohan Singh, Chidambaram and Montek Singh Ahluwalia pushed relentlessly on matters like abolishing subsidy on cooking gas and direct cash transfers. The UPA government’s experience, in fact, showed that you cannot be all things to all people; that the interests of the big bourgeoisie and those of common people stand in irreconcilable contradiction. The balancing act cannot really go on for very long. Continue reading Beyond the Elections – Need for a Vibrant and Credible Left

Shazia Ilmi – Why Her Exit is Such a Blow: Jyoti Punwani

Guest post by JYOTI PUNWANI

Shazia Ilmi’s exit marks a real blow for AAP supporters. Her frequent TV appearances as AAP spokesperson made her out to be an articulate, confident woman who didn’t need to assert her religious identity to prove a point, which is a rare thing in today’s politics. Her participation in the Anna andolan was as much a pointer to its inclusive nature as it was to the emergence of a new kind of Muslim in public life: one who had no hesitation plunging into a mass movement which had strong nationalist overtones, was avowedly against the political system and had little to do with minority concerns.

When Shazia almost won from Delhi’s R K Puram constituency, it suddenly came home – for the first time in years, a Muslim candidate had been fielded from a Hindu-dominated constituency, and the Hindus had voted for her. In Mumbai, a Muslim political activist who’s friendly with every political party, has for long told Shiv Sena leaders that the moment they field a Muslim from any of their strongholds, he would join them. “The ability to take the other community along, that’s the test of a secular politician,’’   a senior Congress Muslim in Nanded  told me, rueing the fact that Muslims who could do this were ignored by his leader Ashok Chavan (one of the two Congressmen to win in the state this time). Continue reading Shazia Ilmi – Why Her Exit is Such a Blow: Jyoti Punwani

A Stolen Verdict: Nirmalangshu Mukherji

Guest Post by NIRMALANGSHU MUKHERJI

The Bharatiya Janata Party secured about 19% votes in the general elections of 2009 to win 116 seats in the Parliament. With this most impressive conversion ratio, they had more or less exhausted their possibilities in their ‘safe’ states like Gujarat, Madhya Pradesh, Chhattisgarh, Jharkhand, Karnataka, and the like. They were still 157 seats away from a simple majority in the Loksabha. Even assuming the impressive conversion ratio, they needed at least 26% more of the vote share, that is 45% in all, to form a government.

When the elections for 2014 were announced, it was hard to see where the BJP would get these additional votes from. Moreover, unlike the NDA of 1999-2004, they had rather modest support from other parties with most of the big parties like AIADMK, TMC, JDU, BJD, and the like staying away. Hence, even if we factor in some rise in number of seats in ‘safe’ states, plus handsome gains in Rajasthan, Maharashtra etc., their ability to reach anywhere near the 272+ mark looked rather dim.

Continue reading A Stolen Verdict: Nirmalangshu Mukherji

The Modi Mandate – A Belated Response to S Varadarajan: Pradip Datta

Guest post by PRADIP KUMAR DATTA

Siddharth Varadarajan’s article raises some very important dilemmas before Modi which is really a rehearsal of the development versus welfare debate now bound to be exacerbated with the runaway capitalism that Modi promises to unleash.

But it raises another important question. Can we simply forget the past and get on with the future? Can we join the futurist chorus of Modi and his Thatcherite – Reaganite followers? Can an electoral mandate, even one as powerful as this, remove permanently the memory of 2002?

The immediate analogy comes with the anti Sikh riots followed by the 1984 verdict. 1984 returns every election to haunt the Congress even after they have made a Sikh prime minister for 10 years. Some historical memories are very stubborn and refuse to leave off the haunting of the future. It is not as if there have not been many riots. But only some riots achieve a historically emblematic status that remove them from the realms of simple memory alone. Some events become symbolic rallying points and they invite an excess of documentation, of witness testimonies, of cultural representations, all of which memorialize and fix them in chronology as a rupture in time that can never quite be bridged by the stitchings or blurrings of popular oral memory alone. In such events the archive becomes memory. Continue reading The Modi Mandate – A Belated Response to S Varadarajan: Pradip Datta

Excitotoxins and MSG. (Or, the Modi Style of Governance)

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Prime Minister Elect of the world’s largest democracy arrives at the airport in New Delhi

Image Ravi Kanojia, Indian Express May 18, 2014

Circulating on Facebook for two days, and still unreported in mainstream media, is the story of overjoyed BJP workers attacking two mosques in Dakshina Kannada Lok Sabha constituency. Inebriated saffron activists, raising Hara-Hara Modi slogans, attacked two Masjids in separate places of the district on May 16th, after the poll results were announced.

The BJP activists also tried to harm the Imam of Muhiyuddin Juma Masjid, but he managed to escape from the hands of the miscreants.

Meanwhile, another group of miscreants, believed to be BJP activists, reportedly pelted stones at a Masjid in Suralpady near Kaikamba under the limits of Bajpe police station.

Today’s Hindu reports that a Muslim chicken stall owner was beaten up by a gang at Hoode village.

Mr. Ais told The Hindu that he was cooking food, for nearly 400 students at a nearby school, when seven persons came on four motorcycles asked for him with his daughter Ayesha at around 4.30 p.m. They later pushed her and came to him and asked if he was present when a victory procession [of the Bharatiya Janata Party] was taken out on May 16, to which he replied in the negative. They then beat him up.

But none of this muck sticks to the Teflon visage of Modi, ever. Continue reading Excitotoxins and MSG. (Or, the Modi Style of Governance)

The Triumph of the Will(ie): Prasannarajan Anoints Modi in the Open

The televised coronation (or should I say Rajyabhishek) of Narendrabhai Damodardas Modi has featured a supremely photogenic set (the Dasashwamedh Ghat in Benaras), a chorus line of calisthenic priests lining the riverfront of the Ganga with blazing torches, a script (being written, even as the epic is being canned, in every television studio and editorial office) talented producers and art directors, an army of happy-clappy extras, and even its own battalion of masked stunt doubles.

Modi at Dasashwamedh Ghat, Varanasi/Benaras on 17 May 2014. Courtesy, Amar Ujala website.
Amit Shah, Rajnath Singh and Narendra Modi,  at Dasashwamedh Ghat, Varanasi/Benaras on 17 May 2014. Courtesy, Amar Ujala website.

Like any good bollywood blockbuster, it cannot but be a homage to an extant cinematic classic. S. Prasannarajan, editor of the Open Magazine has even told us what that classic is. On the cover of Open, beneath a pensive, tight lipped and determined Narendrabhai looking out at the magazine’s reader through a shower of rose petals and rimless Bulgari glasses, four words spell out in bold capitals the film’s name – ‘TRIUMPH OF THE WILL’. Dejavu, anyone?

'Triumph Of the Will' Open Magazine, May 26, 2014
”Triumph Of the Will’ Open Magazine – ‘Collectors’ Issue’, May 2014

Continue reading The Triumph of the Will(ie): Prasannarajan Anoints Modi in the Open

क्या निराश हुआ जाए?

क्या निराश हुआ जाए? कल सुबह से हजारी प्रसाद द्विवेदी  का एक अन्य  प्रसंग में किया गया यह प्रश्न मन में घूम रहा है. चुनाव नतीजों के पहले ही चरण में पिता ने फोन पर कहा: “यह तुम्हारा पहला कड़ा इम्तहान है.”पिता ने, जो अब जीवन की सांध्य वेला में हैं, कहा, “हम तो किनारे पर खड़े लोग हैं, तुम सब अभी इस जिंदगी के रेले के ठीक बीचो-बीच हो, भागने का न तो कोई उपाय है और ऐसी कोई भी इच्छा कायरता होगी. इसका सामना करो और इसे समझो.” हजारीप्रसाद जी और अपने पिता को कहना चाहता हूँ, वह जो रवींद्रीय ब्रह्मांडीय उदारहृदयता का स्वप्न आप सबने दिखाया था, कामकाजी रोजमर्रापन की तेज रौशनी में खो गया जान पड़ता है. शायद हम सब अब तक सो रहे थे,अचानक जगा दिए गए हैं. निराश या हताश होने की सुविधा नहीं है. समझने की कोशिश ही शायद इस यथार्थ का सामना करने के साधन देगी! Continue reading क्या निराश हुआ जाए?

How The AAP Won Punjab: Harjeshwar Pal Singh

 This is a guest post by HARJESHWAR PAL SINGH

Amidst the unprecedented Tsunami of Modi which swept away opposition in most of the country, one result stood out as truly exceptional. AAM AADMI PARTY’s (AAP) stunning debut in Punjab. The virtually unheard of party in Punjab even 5 months before won 4 Parliamentary seats out of 13 and secured 25% of the popular vote announcing itself to be an equal of the ruling SAD/BJP combine and the opposition Congress. Two of its candidates Bhagwant Maan (Sangrur) and Prof Sadhu Singh (Faidkot ) won with a stunning margin of over 2 lakhs and 1.7 lakhs respectively. This popular groundswell of support which was ignored by most political analysts, conventional media and political parties had begun to take visible form through buzz on the street, social media and in common discourse by the election day.

What explains this massive upsurge by a fledgling political outfit lacking money, muscle, men and a local organization to humble two of the most well equipped political machines -SAD/BJP and Congress? Continue reading How The AAP Won Punjab: Harjeshwar Pal Singh

So Who Has Won the Election?

The sweep is certainly breathtaking. Way beyond what most surveys and exit polls predicted. To be sure, our commitment to the democratic spirit demands that we recognize the mandate for what it is – at least on the face of it. And on the face of it, it is a triumph of the Modi-led BJP. Behind it, of course, lies the organizational machinery of the RSS and its familial organizations.

However, it will be a mistake to think that the election was fought and won by any of these outfits. From 1998 onward, the BJP, backed by the same RSS parivar, has continuously registered a decline in vote share, irrespective of whether it was in power or out of it. From 25.6 percent in 1998, it declined to 22.2 percent in 2004 and further to 18.8 percent in 2009. The presence of younger people in RSS shakhas too has been significantly on the decline in this period and in particular, after 2004. In period of the run-up to the elections, the BJP was a ramshackle and directionless party – its top leaders like LK Advani and Jaswant Singh disgraced and then brought back; Atal Behari Vajpayee knocked out of action for quite some time by then and practically all state units riven with internal dissension. As a consequence, it was also a party therefore, with completely demoralized ranks.

How then did the change come about? As long as our eyes remain fixed on the supposedly ‘political’ domain, we are unlikely to be able to see what exactly has been going on. The fact of the matter is that Narendra Modi was neither BJP’s candidate of choice nor that of the RSS. This election was fought by the corporate sector directly, along with the Big Media – the surrogates of the corporate sector. The plan to set up Modi was put in place by these players. And in this process, the emergence of the Big Media as a full-fledged propaganda machine of Modi’s constitutes a significant moment. It is a moment that actually awaits a more detailed study of how exactly the game plan was put into operation but one thing can be said right away. What brought about this result was not just the machinery of the Sangh parivar but the mobilization of a whole range of opinion makers to serve what was to be a clearly Hindutva framed political formation. Most of these intellectuals and opinion-makers are economically right-wing (neoliberal fundamentalists) although not Hindu-communal, but while they do not seriously believe that Modi has shed his Hindutva skin, they are prepared to join the propagation of lies, lies and lies in the service of corporate capital, disguised as the ‘greater good of humanity’. Continue reading So Who Has Won the Election?

Bittersweet Gujarat: Reena Patel

This is a guest post by REENA PATEL

I looked around the room and my gaze was met with the kohl lined eyes and stares of bewilderment and distrust. My heart pounded as I listened to three Muslim women describe their latest attempt to find their father and brother after they disappeared in the riots. They were speaking to Rahidbhai* from a local NGO who was accompanying me into the Ahmedabad relief colonies for the first time. Why was I so scared? Why was my heart pounding? The eldest woman of the home disrupted my thoughts, she asked me for my name. I looked around and looked at Rahidbhai, who looked back uneasily. “Mera naam Reena hai.” I said, almost choking on the words, knowing what the next question would be. “Aap ka surname kya hai?” The room grew thick with silence. “Patel.”

As far back as I could remember, I was taught to regard Muslims differently from the rest of the general population. My parents, both from Surat, Gujarat moved and met in the United States in their twenties. They both lived in England and spent time in Gujarat, and had families that were deeply involved in the Gujarati community. My brother and I were born in Long Beach California. I went to Gujarati school on Sundays, went to every function, picnic, and cultural show put on by the Leuva Patidar Samaj in Southern California. Many of my family members were apart of the organization. In fact, my great grandfather Vallabhai Patel was one of the first Patels to land upon the shores of the United States, now estimated at a population of over 140,000. We went to religious camps that were meant to teach us about Hindu ideology, handed out saffron prayer books and modeled how to become ideal Hindu men and women for our communities.

Continue reading Bittersweet Gujarat: Reena Patel

There’s a G on my Neck (again): Simran Kaur

Guest post by SIMRAN KAUR

Shekhar Gupta is at it again: lacing an insidious agenda with just enough actual facts that even the targets of his vitriol become eager to swallow. Aspiring Indian Journos, this is how a good Sardar Joke—and while you are at it, jibe at the poor, the rural, the unemployed, the mourning—is done, while earning your paycheck yet again as an esteemed Editor-in-Chief, at best with head-in-clouds, at worst, a stake-in-oppression.

Shekhar G’s latest thesis: The rest of the country has moved on but Punjab has become a prisoner of its boisterous old stereotype. It has forgotten its entrepreneurial energy, its competitive spirit and slipped into a complacent, decadent trance of perpetual balle-balle.

His first argument for the thesis of Punjab’s decline: “the Punjabification”…of Punjab. He bemoans that signs and posts are in Punjabi, in Punjab.

The 50s and 60s saw Punjabi Hindus becoming the unique community to denounce their own mother-tongue. Upping the ante, G. ridicules Punjabis who use Gurmukhi, the script developed in the time of the Sikh Gurus. He finds tell-tale signs over Punjab (he notes his fieldwork of actually travelling on the Grand Trunk Road and flying over Punjab by helicopter recently) of the people being un-couth:  signage on Punjabi establishments, in poor English.

You will take a minute figuring out what the “burgars” and “nudles” painted on so many fast-food shops mean, or why Lily is always spelt “Lilly”, whether it be the name of a restaurant in Phagwara or a beauty parlour in Bathinda…If you haven’t figured out already that this, indeed, is Singh’s English.

Brilliant two-birds strike, Shekhar G. Continue reading There’s a G on my Neck (again): Simran Kaur

BJP’s Campaign of Intimidation – A Report from Banaras: Monobina Gupta

Guest post by MONOBINA GUPTA

The narrow streets of Goduliya Chowk were bursting at the seams yesterday. It was the time of the famous Varanasi aarti at the ghats of the Ganga, a time when the crowd multiplies by several hundreds of people. Narendra Modi was preparing to head out on his triumphant road show through this area, choc-a-bloc full. The BJP’s activists were in a frenzied trance – waving saffron flags, flaunting Modi caps (a tawdry imitation of the original AAP trademark), dancing and chanting: Modi, Modi. As a person with no love lost for Modi, I responded to the exultant mood with some apprehension. My thoughts were straying to the nukkad sabha of the AAP that I attended last evening when a group of 20 young and old AAP volunteers had gone around campaigning for Medha Patkar’s meeting. I found myself thinking about the evening a couple of days ago when I stood with Anand Patwardhan and some activists who were distributing leaflets right there at Goduliya Chowk, and a group of BJP men came surrounded us. I thought about another night spent at Kabir Math Chowk after watching the Dastangoi performance – when a group of young men from Bangalore and Maharashtra were confronted by BJP supporters. I was worried about their safety standing amidst a crowd which appeared dangerous in its swaggering triumph. Yesterday, with Modi’s cavalcade approaching, frictions were reaching fever pitch – encounters one could not possibly see on the images on TV at home.

Standing there amidst the crowd, I spotted an elderly Sikh gentleman walking through the throng of people wearing his AAP topi. Suddenly a roar went up, as Modi sympathisers lunged after him shouting ‘pagal, pagal’ (mad/mad). A little distance ahead I saw another man wearing the AAP cap. The crowd spotted him too, and ran after them both, gesticulating, heckling. As I start walking quickly towards the men I saw them, seemingly unperturbed, walk right through the charging hoard, not a sign of nervousness about their gait. They were walking the confident walk of men who know no fear. Continue reading BJP’s Campaign of Intimidation – A Report from Banaras: Monobina Gupta

The curious case of Reliance Industries Ltd’s gravity defying stock price – Or, how you should learn to stop worrying about gas prices and buy RIL stock now: Vineeth Sukrithan

This is a guest post by VINEETH SUKRITHAN

The stark contrast between RIL’s latest march quarter performance and the almost- three-year highs that its stock price is perched on top, merits a deeper analysis. On April 18th, 2014, RIL released its quarterly data showing disappointing results that were entirely in line with industry expectations. Petrochemical business revenues fell 3.7%, while oil and gas turnover dropped 18.2% q-o-q. Net profit growth in its January-March quarter (Q4FY14) was at Rs 5,631 crore – only 0.7 per cent higher than Rs 5,589 crore it earned a year ago. The petrochemicals business’s Ebit was lower than in the December quarter and the company’s outstanding debt over shot its cash and equivalents. (Rs 89,968 crore against cash, and equivalents of Rs 88,190 crore.)

Yet, for a company that has always been known to be reticent about taking on high levels of debt, RIL has gone on what can only be called a remarkable splurge in capital expenditure. Its capital expenditure during the year was the highest ever. The company reported net addition to fixed assets of Rs 35,210 crore in FY14. In FY09, when the company commissioned its second refinery and K-G basin gas production, its capex was only Rs 24,907 crore. So, on all accounts, RIL’s actions and stock price seem counter to the predicaments of its current financial health, which begs the question, where does Reliance derive this level of confidence in its future profitability to be willing to take on tremendous amounts of debt?

Continue reading The curious case of Reliance Industries Ltd’s gravity defying stock price – Or, how you should learn to stop worrying about gas prices and buy RIL stock now: Vineeth Sukrithan

Some Reflections on the neutrality of political institutions and the project of making Modi more palatable: Moiz Tundawala

Guest Post by MOIZ TUNDAWALA

“ … . however good a Constitution may be, it is sure to turn out bad because those who are called to work it, happen to be a bad lot. However bad a Constitution may be, it may turn out to be good if those who are called to work it, happen to be a good lot. The working of a Constitution does not depend wholly upon the nature of the Constitution. The Constitution can provide only the organs of State such as the Legislature, the Executive and the Judiciary. The factors on which the working of those organs of the State depend are the people and the political parties they will set up as their instruments to carry out their wishes and their politics.”

[Dr. Bhimrao Amdedkar]

These observations of Babasaheb Ambedkar, made on the 25th of November, 1949, one day before the Constitution was finally adopted after three years worth of labour, should suffice for anyone who dismisses Modi skeptics as excessive scare mongers. As a second year law student in 2006-07, I couldn’t quite understand why our revered constitutional law teacher Prof. M.P. Singh would keep reiterating these sentiments in class, something which I thought was so axiomatic it did not need emphases. With only a few days left for the outcome of what is being called an election for the soul of India, I now realize the wisdom underlying those constant reminders, especially in a law school converted by the culture and priorities of its students into a factory churning out smart but unreflective products for the corporate sector. I think those of us who find Modi problematic, but would still vote him in for the lure of the promised economic miracle, while at the same time consoling ourselves with the talk of sufficiently robust political institutions capable of surviving any onslaught, must listen to Ambedkar carefully. The Constitution is an artefact, a human creation, constantly needing ‘good people’ at the helm to work it out. If nothing else, resistance to Modi’s rise to power is at least resistance against the enthronement of ‘bad people’, who deep down have only harboured contempt for the Constitution as a foreign document.

Continue reading Some Reflections on the neutrality of political institutions and the project of making Modi more palatable: Moiz Tundawala