Friday 28 November 2014

Obama New Immigration Policy Helps Indians

The engine of growth for the Indian economy has been the lakhs of Indians “ techies” and millions of Indian workers in the Gulf and Middle East . It is their hard earned foreign exchange that keeps the Indian economy going. The big words of Indian big  business  are really peripheral to foreign exchange earnings. India earned  nearly  US $  70 Billion in foreign exchange in 2013-14 from remittances  made by Indians  working abroad.

Pullarao Pentapati


Wednesday 19 November 2014

Slowing European, Japanese economies and Chinese economies will negatively impact India

While the GovernmentofIndia and PrimeministerModi have been taking steps to revive the  moribund Indian economy, alarmingsignals have come that indicate  that  the European Community,  Japan  and China are now ona downward spiral. Strong indications have also come out that the Chinese  economy is also slowing down to over-investment and excessive investment in their infra- structure.

Pullarao Pentapati


Monday 17 November 2014

Manohar Parikker and Prabhu will join Jaitely as Advisers to Modi

One immediate consequence of this cabinet expansion is that Arun Jaitley has automatically lost his position as being the only Adviser of Modi. New Ministers Manohar Parikker, Suresh Prahbu, Birendra Chowdhury are not followers of Jaitley and they are direct selections of Modi. The inclusion of independent political entities in the Cabinet automatically means that Prime Minister Narendra Modi will listen to them.

Pullarao Pentapati

Tuesday 11 November 2014

Narendra Modi's first cabinet reshuffle

Instead of going into names of Ministers, their castes and regional backgrounds, it might be better to have a general over-view of the positives of Cabinet expansion and the limitations that Narendra Modi faced. Barely 5 months have passed and Prime Minister Modi had to go in for a major re-shuffle of his cabinet. There is nothing wrong for a Prime minister in a parliamentary system of government to re-shuffle or expand his cabinet. It is obvious that in the last 5 months some weaknesses have become obvious in the functioning of the government. The existing cabinet was in-adequate both in numbers  and quality to deal with the problems.



Monday 10 November 2014

Modi's first expansion of his cabinet

Modi, Indira Gandhi and “Imposed“ Chief Ministers; The electoral victories in Haryana and Maharashtra of BJP has had two consequences. All the critics of Narendra Modi had to shut up. Then the second more controversial consequence is that Modi  has become an all powerful political figure in India and therefore can appoint anyone he likes as Chief Ministers. The selection of two total novices as Chief Ministers of Haryana and big economic state of India Maharashtra has caused shock and an anticipation that things will definitely go wrong. Who are Chief Ministers Manohar Lal Khattar of Haryana and Devendra  Fadnavis of Maharashtra? The BJP says they are new faces, clean and generally wonderful fellows. No one has heard of them before. Neither of them has any experience in running any part of a state government. Narendra Modi might like them. But is that enough to be Chief Ministers of two most important states, where the BJP has never formed a government?

Pullarao Pentapati