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More Stories Narendra Modi's father ran a tea stall and the young Modi would take it in a kettle to sell it to passengers at Vadnagar railway station. So if I were to say this is the mother of all bull markets already, that is sort of problematic because it shows a lot of the good news is in the price. Since there is always subjectivity, risk aversion works against taking contrarian positions, whether parliamentary seats or GDP growth. The worst-kept secret in the AICC is that many senior members want Priyanka to lead the Congress to revive its fortunes. But will she take the plunge? Seldom in Indian political history has an outgoing government made itself just so unpopular and made just about every wrong move possible. However, Modi's critics challenge his success with growth in Gujarat and allege that Gujarat’s performance is marred by poor social indicators. Ironically the Congress party , which laid the foundation of political freedom ended up on the wrong side of the fence in both elections. Party’s rout in Delhi with defeats in all seven Lok Sabha seats has raised a few questions about its future. It may have risked too much by going national without strengthening its support in Delhi. The fact that the western media’s coverage of Modi has given prominence to his reputation overseas for sectarian prejudice does not reflect policymakers’ priorities. Its 2014 manifesto said that the UPA government has “unleashed tax terrorism†and promised that the BJP would “provide a non-adversarial and conducive tax environment. |
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