Chitrabhanu Kadalayil is deputy comment editor at The National
August 10, 2023
Ever since Indian Prime Minister Narendra Modi won the 2014 general election in a landslide, the same questions have been asked time and again. Can Rahul Gandhi, India’s leading opposition figure for the past decade, take on Mr Modi? And if not Mr Gandhi, then who?
Ten months ahead of the 2024 vote, the same tired set of queries is being posed on mainstream and social media. It is a trap both Mr Gandhi and the newly assembled alliance of opposition parties will do well to avoid.
To begin with, the fundamental premise of these questions is flawed. India is a parliamentary democracy, in which the largest party or coalition of parties to emerge after an election approaches the President, the titular head of the republic, and secures the right to form a government.
In other words, this isn’t a presidential contest – as happens in the US or Turkey.
And yet, we live in the real world – where Indians have, over three eras in their country’s post-colonial history, sought to choose a “strong and decisive leader” as prime minister so that he or she can “get things done” through sheer force of personality. Mr Modi – much like India’s first prime minister, Jawaharlal Nehru, and his daughter, Indira Gandhi – towers head and shoulders over all his peers, across party lines.
Nine years of incumbency don’t appear to have shaken the people’s confidence in him either. According to the Lokniti-CSDS Survey released at the end of May, 43 per cent of respondents would elect Mr Modi again. His nearest rival was Mr Gandhi, at 27 per cent, with other leaders registering in the single digits.
It is little wonder, then, that the governing Bharatiya Janata Party is making the 2024 election a referendum on Mr Modi’s leadership – just as it did during his re-election campaign in 2019.
The BJP has benefited from portraying Mr Gandhi as the privileged scion of the Nehru-Gandhi dynasty, claiming he is in politics only because the party he leads – the Indian National Congress – is little more than a family firm. Mr Modi, on the other hand, has been self-made throughout his political career.
Indian Prime Minister Narendra Modi speaks during SemiconIndia in Gandhinagar in July. AFP
When there is a wealth of talent in the India alliance, the Congress shouldn’t be rocking an already rickety boat
But Mr Gandhi, who for years struggled to break out of the pigeonhole the BJP created for him, has finally managed an image transformation after his hugely successful Unite India Rally. He undertook a 4,000-kilometre walkathon across the length of India that began late last year and spanned almost 150 days.
The journey, punctuated with soaring speeches and rich interactions with the public, celebrities, civil society members and former bureaucrats, established his pre-eminence not just in his own party but also among leaders of other opposition parties that have spent the past decade co-opting some of the Congress’s shrinking vote base.
Mr Gandhi has continued to be in the news lately. In March, a lower court ruled that he had defamed all people with the same surname as Mr Modi in remarks that he made during an election speech in 2019. The court in Gujarat, Mr Modi’s home state, sentenced Mr Gandhi to two years in jail. As per the law, he was consequently disqualified from parliament.
But the Supreme Court’s suspension of his conviction last week, and his subsequent reinstatement as an MP this week, could be both good news and bad for the anti-BJP voters – who make up 60 per cent of the electorate.
For the past six months, an emboldened Mr Gandhi has been hitting the BJP hard over a range of issues. He has accused them of fuelling religious polarisation, undermining democratic institutions, and indulging in what he claims to be crony capitalism.
His political resurgence, and the fact he has been consistently in the news, has undoubtedly revived the Congress’s fortunes in recent state and local body elections by creating a buzz among those who are ideologically opposed to Mr Modi. But counterintuitively, it might also serve the BJP to revive the “Modi versus Gandhi” head-to-head contest in the general election and, in the process, distract the electorate from bread-and-butter issues, such as price rise, unemployment and rural distress.
BJP MPs were already targetting Mr Gandhi during this week’s parliament sessions, and an op-ed penned by a BJP leader appeared in one of India’s largest mainstream dailies, in which he critiqued the Congress leader’s record as an MP.
The 26-party 'India' alliance meets in Bangalore in July. EPA
All this might worry some of the leaders in the recently constituted 26-party coalition named the Indian National Developmental Inclusive Alliance – or simply “India” – of which Congress is one. The alliance was formed during Mr Gandhi’s suspension, and he clarified that he wasn’t seeking to become its prime ministerial candidate.
The question is, will that change now that Mr Gandhi is back in Parliament? Rajasthan Chief Minister Ashok Gehlot, one Congress’s most senior and powerful leaders, last week said: “For us, Rahul Gandhi is the PM face.”
To be sure, Mr Gehlot will point to the fact that Mr Gandhi has been one of the government’s most high-profile critics. He might also suggest that Mr Gandhi, more than any other leader in the country, has stood up to defend the republic’s secular underpinnings – which the BJP’s rise has challenged, given the party’s ideological emphasis on Hindu cultural prominence.
And yet, when there is a wealth of talent in the India alliance, with leaders with far more political and administrative heft and experience, the Congress shouldn’t be rocking an already rickety boat that includes parties with competing interests and vote banks. They should, instead, focus on offering a coherent message, displaying opposition unity, and talking about bread-and-butter issues.
After almost a decade of a Modi-led government, it might also be the time for the opposition to test the proposition that, given India’s size and the array of challenges it faces, a “team” with a deep bench might be a better proposition for the voters.
Men’s squad: Faisal Al Ketbi, Omar Al Fadhli, Zayed Al Kathiri, Thiab Al Nuaimi, Khaled Al Shehhi, Mohamed Ali Al Suwaidi, Farraj Khaled Al Awlaqi, Muhammad Al Ameri, Mahdi Al Awlaqi, Saeed Al Qubaisi, Abdullah Al Qubaisi and Hazaa Farhan
Women's squad: Hamda Al Shekheili, Shouq Al Dhanhani, Balqis Abdullah, Sharifa Al Namani, Asma Al Hosani, Maitha Sultan, Bashayer Al Matrooshi, Maha Al Hanaei, Shamma Al Kalbani, Haya Al Jahuri, Mahra Mahfouz, Marwa Al Hosani, Tasneem Al Jahoori and Maryam Al Amri
How to wear a kandura
Dos
Wear the right fabric for the right season and occasion
Always ask for the dress code if you don’t know
Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
Wear hamdania for work, always wear a ghutra and agal
Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Wicked
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Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
Allardyce's management career
Clubs (10) - Limerick (1991-1992), Perston North End (1992), Blackpool (1994-1996), Notts County (1997-1999), Bolton Wanderers (1999-2007), Newcastle United (2007-2008), Blackburn Rovers (2008-2010), West Ham United (2011-2015), Sunderland (2016), Crystal Palace (2016-2017)
Funding stage: Series B fundraising round to conclude in February
Investors: Undisclosed
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Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
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400m Olympic running track
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An elevated football field that doubles as a helipad
Specialist robotics and science laboratories
AR and VR-enabled learning centres
Disruption Lab and Research Centre for developing entrepreneurial skills
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
COMPANY PROFILE
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All matches in Bulawayo Friday, Sept 26 – First ODI Sunday, Sept 28 – Second ODI Tuesday, Sept 30 – Third ODI Thursday, Oct 2 – Fourth ODI Sunday, Oct 5 – First T20I Monday, Oct 6 – Second T20I
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
UAE currency: the story behind the money in your pockets
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.