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Modi still popular politician in India than Rahul, Kejriwal: Pew Research

Agencies
November 16, 2017

Washington, Nov 16: Prime Minister Narendra Modi remains "by far" the most popular figure in Indian politics, the Pew said on Wednesday, releasing the main findings of its latest survey conducted among 2,464 respondents in India.

Modi at 88 per cent is 30 points ahead of Congress leader Rahul Gandhi (58 per cent), 31 points ahead of Congress president Sonia Gandhi (57 per cent) and 49 points ahead of Delhi Chief Minister Arvind Kejriwal (39 per cent), said the survey conducted between February 21 and March 10 this year.

Pew said the public's "positive assessment" of Modi is buoyed by "growing contentment" with the Indian economy: more than eight-in-ten say economic conditions are "good", up 19 percentage points since immediately before the 2014 election.

The share of adults who say the economy is "very good" (30 per cent) has tripled in the past three years, it added.

Overall, seven-in-ten Indians are now "satisfied" with the way things are going in the country. This positive assessment of India's direction has nearly doubled since 2014, Pew said.

According to Pew, at least nine-in-ten Indians in the southern states of Andhra Pradesh, Karnataka, Tamil Nadu and Telangana and in the western states of Maharashtra, Gujarat and Chhattisgarh hold a favorable view of the prime minister.

The same is true for more than eight-in-ten in the eastern states of Bihar, Jharkhand, Odisha and West Bengal and the northern states of Delhi, Haryana, Madhya Pradesh, Punjab, Rajasthan and Uttar Pradesh.

"Since 2015, Modi's popularity is relatively unchanged in the north, has risen in the west and the south, and is down slightly in the east," it said.

Notably, the survey reflects a 21 percentage points drop in favorable view of America among Indians from 70 per cent in 2015 to just 49 per cent in 2017.

Only 40 per cent express confidence in President Donald Trump to do the right thing regarding world affairs, down 34 points from their faith in his predecessor Barack Obama in 2015.

Same is the case with China, whose favourability rating among Indians have dropped from 41 per cent in 2015 to 26 per cent in 2017. The survey was conducted before the Doklam crisis.

According to Pew Survey, despite periodic outbreaks of religious violence, relatively few Indians see communal relations as a very big problem.

"Similarly, despite Prime Minister Modi's decision last November to abolish high-value bank notes, less than half of the Indian population sees the lack of availability of cash to be a major problem," it said.

Comments

Truth
 - 
Thursday, 16 Nov 2017

Modi's cheap publicity tricks..

Ibrahim
 - 
Thursday, 16 Nov 2017

Modi sponsored research

Jameel
 - 
Thursday, 16 Nov 2017

of the 1.4 billions indians. pew surveyed 2464. & got 88% in favour of modi. may be they surveyed at the BJP office.

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News Network
June 24,2020

Kolkata, Jun 24: Trinamool Congress (TMC) MLA Tamonash Ghosh, who had tested positive for Covid-19 in May, died at a hospital here on Wednesday, party sources said.

He was 60.

The three-time MLA from the Falta assembly constituency in South 24 Parganas district was admitted to a hospital after he tested positive for the disease, they said.

He had several complications related to the heart and the kidney, the sources said.

"Very, very sad. Tamonash Ghosh, 3-time MLA from Falta & party treasurer since 1998 had to leave us today. Been with us for over 35 years, he was dedicated to the cause of the people & party. He contributed much through his social work," West Bengal Chief Minister and TMC supremo Mamata Banerjee tweeted.

"He has left a void that will be difficult to fill. On behalf of all of us, heartfelt condolences to his wife Jharna, his two daughters, friends and well-wishers," she added.

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Agencies
August 6,2020

Mumbai, Aug 6: Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think can take one's eyes off what needs to be done for the economy.

"It is also important to convince both domestic and international investors that after the crisis associated with the pandemic is over, we will return to fiscal responsibility over the medium term, and the government should do more to convince them of that," Rajan told the Global Markets Forum.

India was placed under one of the strictest lockdowns in the world in late March for more than two months to stem the spread of the coronavirus, but cases have continued to rise steadily since the government eased restrictions in June, stymieing hopes of an economic recovery.

The government has announced several initiatives to help the poor and small- and medium-size businesses, but actual cash outgo from the government's measures has been estimated at just about 1% of GDP.

Several attribute the fiscal prudence to fear of a downgrade after Moody's cut India's rating and outlook in early June followed closely by a change in outlook from Fitch.

The central bank on its part too has reduced the key lending rate by 115 basis points on top of the 135 bps last year and is widely expected to cut rates by another 25 bps later on Thursday.

"The RBI and government have certainly been cooperating, but it seems like it is elsewhere, the ball is in the government's court to do more," Rajan said.

He said the RBI needs to focus on whether credit is reaching the stressed areas of the economy and also if the viable firms were able to access credit and not the unviable ones.

"And I think that's where it has to focus its attentions, because resources, as you well know, are limited in India today."

Recently analysts, however, have cited the growing possibility the RBI may prefer to pause and cut rates only at its October meeting.

Government officials too have suggested the possibility of any more fiscal stimulus being announced, would only come in the second half of the fiscal year, once a recovery has taken root and coronavirus cases have peaked.

"What India should focus on at this point is protecting its economic capabilities, so that when it has dealt with the virus it can go resume activity in a reasonable way. That should be the focus," Rajan said.

"And if it does that, there is no reason why the rating agencies will not see that as an appropriate policy".

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News Network
March 23,2020

Singapore, Mar 23: Oil prices fell at the open in Asia on Monday after a trillion-dollar Senate proposal to help the coronavirus-hit American economy was defeated and death tolls soared across Europe and the US.

US benchmark West Texas Intermediate initially tumbled more than three percent but then pulled back some ground to trade 1.5 percent lower, at $22 a barrel.

Brent crude, the international benchmark, fell 4.9 percent to $25 a barrel.

Prices have fallen to multi-year lows in recent weeks as lockdowns and travel restrictions to fight the virus hit demand, and top producers Saudi Arabia and Russia engage in a price war.

The latest drop came after a trillion-dollar Senate proposal to rescue the US economy was defeated after receiving zero support from Democrats, and with five Republicans absent from the chamber because of virus-related quarantines.

The bill had proposed funding for American families, thousands of shuttered or suffering businesses and the nation's critically under-equipped hospitals.

Coronavirus deaths soared across Europe and the United States at the weekend despite heightened restrictions.

The death toll from the virus -- which has upended lives and closed businesses and schools across the planet -- surged to more than 14,300 Sunday, according to an AFP tally.

AxiCorp chief markets strategist Stephen Innes said that "total demand devastation" had set it.

"Oil markets collapsed out of the gate this morning as prices react... to stringent containment lockdown measures," he said.

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