Author Topic: FIIs Already Comparing Rahul Gandhi Vs Narendra Modi for PM of India  (Read 5005 times)

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sunil

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CLSA Foreign Institutional Research House has already started comparing Congress Leader Rahul Gandhi Vs Narendra Modi for the  next post of Prime Minister of India. In a note it said,

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A national election contest between Modi and Rahul Gandhi will give the Indian electorate a real choice and would generate a lot of attention globally, as well as nationally. For the business community and domestic investors, there is no doubt that a Modi victory would be widely welcomed, given his track record in Gujarat and given the fact that most of the economic reforms of the past 15 years took place at the national level under the previous BJP government of Atal Bihari Vajpayee between 1998-2004.

Modi is viewed with suspicion by the liberal intelligentsia as an autocrat, with the weird habit of referring to himself in the third person when speaking!

The above is why the focus by the Congress-led Government is now on trying to generate some momentum in its final 12 to 18 months in power. At the very least this requires trying to stabilise the fiscal situation to allow for more vote-gathering populist entitlement schemes, such as Mrs Gandhi’s beloved food security bill