Saviour or Sonia's poodle, asks UK paper about PM Manmohan Singh

July 17, 2012
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New Delhi, July 17: Hailed abroad not too long ago as statesman and economic guru, Prime Minister Manmohan Singh is at the receiving end of increasing harsh comment with British daily, The Independent, critiquing his tenure under a disparaging headline "Manmohan Singh - India's saviour or Sonia's poodle?"

The report, although less widely circulated than several others in the UK, is the latest foreign publication to question Singh's legacy and his capacity to regain control of a coalition reeling under corruption scams, an unresponsive bureaucracy, bullying allies and a freeze in reforms.

More damningly, The Independent refers to an unequal sharing of power between Singh and Sonia, saying "Observers say one of Singh's problems is that he has no genuine political power. Rather, he owes his position to Sonia Gandhi...This has meant he has sometimes been unable to even control his cabinet and his failure to more quickly address actions of coalition minister, accused of defrauding the country up to $40 billion in a telecom licence scam, led him to being accused of further weakness."

The report says Singh's reforming zeal has evaporated and slowed the country's growth while political opponents are attacking him for overseeing an administration mired in corruption and sloth. Reference points include the 5.3% growth shock of the first quarter and downgrades by rating agencies among other indicators of a slowing economy.

Reacting to the report in the British daily, Congress spokesperson Manish Tewari said, "It is unfortunate that some people misuse editorial licence. While criticism is to be taken in one's stride; what needs to be kept in mind is that criticism should not cross boundaries of decency and start bordering on the offensive and I do hope that people who are entrusted with the responsibility of handing of editorial content would definitely keep this submission in mind."

However, BJP spokesperson Ravi Shankar Prasad saw the report as a validation of his party's criticism of the PM. "The non-performance of the Manmohan Singh government has been known for long. Now well-known journals on whose certificates the PM and Congress used to bank on are saying the same thing. The important question remains on how Sonia Gandhi can escape responsibility as she is the source of the PM's political authority."

Like in a cover story in Time magazine recently, The Independent report suggests that time is fast running out for Singh if he wants to retrieve his legacy as the reformer who released India from the shackles of the socialist dogma with a path-breaking Budget in 1991 after the P V Narasimha Rao government took office.

Taken together, the spate of adverse reports in international publications represent a souring of mood on the man, who was not so long ago hailed as the author of India's success story and savant of global economy.

The Time cover with its sharp headline "Underachiever" had noted that the PM needs to emerge from his personal and political gloom if he is to retrieve the stalling India story. The report quoted political analysts to say Singh might yet pull off a recovery, but needed to shed his government's reluctance to move forward on reforms.

Prior to the Time cover, The Economist had referred to the PM as a "lame duck" in a report on his meeting with Pakistani president Asif Zardari. In another report, it noted that "Singh may not be remembered as the man who reformed India's economy, but the man who only got the job half done." The tone of other publications like the Financial Times has also become more questioning, wondering if Singh can actually quell disquiet over India's economic growth.


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November 12,2024

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The Taliban regime has appointed Ikramuddin Kamil as the acting consul in the Afghan mission in Mumbai, Afghan media has reported.

It is the first such appointment made by the Taliban set up to any Afghan mission in India.

There was no immediate comment from the Indian side on the appointment that came.

The Ministry of Foreign Affairs of Afghanistan has announced the appointment of Kamil as the acting consul in Mumbai, the Taliban-controlled Bakhtar News Agency reported on Monday, citing unnamed sources.

"He is currently in Mumbai, where he is fulfilling his duties as a diplomat representing the Islamic Emirate," it said.

The appointment is part of Kabul's efforts to strengthen diplomatic ties with India and enhance its presence abroad, the media outlet said

Kamil holds a PhD degree in international law and previously served as the deputy director in the department of security cooperation and border affairs in the foreign ministry, it said.

He is expected to facilitate consular services and represent the interests of Afghanistan in India, the report added.

Kamil's appointment comes days after the external affairs ministry's point-person for Afghanistan held talks with the Taliban's acting defence minister, Mullah Mohammad Yaqoob, in Kabul.

Sher Mohammad Abbas Stanikzai, the Taliban's deputy foreign minister for political affairs, also posted on X about Kamil's appointment.

The appointment of Kamil is seen as part of efforts to facilitate consular services to the Afghan population in Mumbai.

There has been almost negligible presence of diplomatic staff at the Afghan missions in India.

Most of the diplomats appointed by the Ashraf Ghani government have already left India.

In May, Zakia Wardak, the seniormost Afghan diplomat in India, resigned from her position after reports emerged that she was caught at the Mumbai airport for allegedly trying to smuggle 25 kg of gold worth Rs 18.6 crore from Dubai.

Wardak had taken charge as the acting ambassador of Afghanistan to New Delhi late last year, after working as the Afghan consul general in Mumbai for more than two years.

She took charge of the Afghan embassy in New Delhi last November, after the mission helmed by then ambassador Farid Mamundzay announced its closure.

Mamundzay, who was an appointee of the Ghani government, had moved to the United Kingdom.

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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