Google Trends shows that the term “current account deficit” is among top searches from India in 2013. Add “gold” as a comparative keyword and the searches for the commodity Indians love are far higher.
Perhaps the government’s decision to push back the opening of the upcoming monsoon session of parliament was not the best idea. For as the dog days of the sub-continent’s sweltering summer drag on, the parliament-less politicians sweat from the sublime to the ridiculous in the baking heat.
When the British were finally expelled from India in 1947, driven out of a country scarred by decades of imperialist rule, they left at least one parting gift: a linguistic legacy that has formed a crucial ingredient in the country’s economic miracle.
Rumblings within the ruling Congress party that suggested the “jettison” of Prime Minister Manmohan Singh after the party’s electoral failures in state elections in 2007, cited in a secret diplomatic cable published on Monday, are a timely reminder of the dangerous implications of failure for Congress in elections this month.
To some, the parliamentary walkout by India’s opposition prior to the vote on the country’s annual budget motion marked the failure of India’s ruling Congress party to engage with its primary adversary, the Bharatiya Janata Party (BJP), over its claims that the Prime Minister had lied to parliament to protect his own reputation.
Fresh from negotiating the continued support of one key coalition ally, Manmohan Singh, Sonia Gandhi and the Congress party heavyweights must now tackle the demands of the more politically canny and locally powerful Mamata Banerjee.
It has been a winter to forget for India’s ruling Congress party, as a series of corruption scandals have muted its ability to control parliament, dented its popularity ratings and dappled the formerly dazzling-white kurta of Prime Minister Manmohan Singh.
In a season of corruption charges that have shackled India’s ruling Congress party’s political ambitions, the ongoing saga of the country’s tainted anti-corruption chief is perhaps the hardest to believe.