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Haryana state assemblies, set for triangular fight between Congress, BJP and AAP, saw Delhi CM Arvind Kejriwal’s timely enlargement on bail suiting BJP’s poll strategy although facing tough anti-incumbency itself. Congress authorized former CM Bhupinder Hooda to finalise poll prospects, refusing to cede 10 assembly constituencies to AAP for pre-poll alliance. Hooda’s son Deepinder, a Lok Sabha MP organized fanfare for Olympian wrestler Vinesh Phogat (a Jat) on her return following the Olympic debacle. She was part of the Jantar Mantar agitation over molestation charges against ex-president WFI and BJP MP Brijbhushan Singh. Julana constituency choice for Phogat, however, raises questions over winnability with Congress never winning the seat and potential loss of face for the party that garnered 10,000 votes at best from here. AAP fielded former WWF wrestler Kavita Dalal against Phogat to further dampen Congress prospects while Kejriwal who steps down as Delhi CM utilizes bail time to canvas against Hooda’s choice of candidates. Brijmohan Shrivastav, Chief National Spokesperson NCP (Ajit Pawar) feels Phogat will emerge victorious in husband Somvir’s home constituency as Jat and Rathee communities will combine in her favour since caste is dominant factor in Bihar, UP and Haryana. Phogat’s recent disqualification at Olympics and perception of BJP not backing her up upset the two communities. It may be recalled that Phogat and wrestler husband Rathee even challenged norms at their wedding ceremony, opting for eight rounds (vows) of holy havan kund including extra phera emphasizing the girl child (Beti Bachao, Beti Padao, Beti Kilao) over gender bias evident in population ratio of Haryana. Will Julana solemnize Vinesh’s Congress alliance too?
Will Harmanpreet Kaur and Smriti Mandhana pull off a coup at the ICC Women’s T20 World Cup in the United Arab Emirates? The two stalwarts of the Indian team are the top two run-getters in the format for India and among the top three in the world. Kaur has played 153 innings from 173 matches, scored 3426 runs, and has featured in 92 wins, while Mandhana, 135 innings from 141, scored 3493 runs and has featured in 79 wins. Kaur has played all eight previous world cups, and Mandhana has five. But both have been erratic in the global competition which is reflected in Kaur’s average of 20.57 and Mandhana’s 22.45. That India is placed in a tough group along with six-time winners Australia, New Zealand, Pakistan, and Sri Lanka means that they cannot make a faltering start against New Zealand at the Dubai International Stadium on October 4. India has won 55.56% of its World Cup matches and has a 50% record against Australia and New Zealand (played 4 and 2 wins each), four wins against Sri Lanka out of five and five wins against Pakistan from seven matches. Since only two advance to the knockout from the preliminary stage, India starts its campaign with a pressure match against New Zealand. India has not played a single Twenty20 international in Dubai, as is the case with Australia. But Pakistan and Sri Lanka have. India has played 36 matches since January 1, 2023 and lost 10 including the Asia Cup final to Sri Lanka.
Maharashtra BJP is facing a quandary since the mass media is awash with reports about a purported internal survey conducted by the party in Vidarbha region. The reason – the prediction that neither the BJP nor the Mahayuti will fare well in the region. Although BJP leaders are yet to react to the news stories, the survey has reportedly said that the Mahayuti can win around 25 seats out of the total 62 in the BJP’s traditional stronghold. Vidarbha was once the Congress citadel and had stood by Indira Gandhi even after the post-emergency election in 1977. However, it has been a cakewalk for the BJP since 2014. The first jolt it received was the Lok Sabha election earlier this year as the Congress performed unexpectedly well, at the cost of the BJP. In 2019, the BJP-led saffron alliance had won 39 of the seats. However, after the splits in the Shiv Sena and the NCP, the configuration has undergone a sea change. In view of the Lok Sabha voting pattern and analysis, the Mahayuti will have no problem in remaining at the top but its dominance will be dented seriously, if one wishes to trust the so-called survey findings. According to the survey assessment, the BJP will be able to win 18 seats while the Sena (Shinde) will bag just five and the NCP under Ajit Pawar a token two. The overall tally of 25 for the Mahayuti will impact the alliance’s ambition of returning to power in the state in the election, most likely to occur in November this year.
Maharashtra deputy chief minister Ajit Pawar has finally rung down the curtains on the speculation surrounding the prestigious Baramati assembly constituency by giving out ample indications that he will contest the seat this time, too. Ajit took this decision after he was advised that his shaky stance could cost the NCP(A) heavily. Ajit has also scored over the two other Mahayuti partners – the BJP and the Shiv Sena (Shinde) — by finalising nearly two dozen assembly candidates. Both these parties are still to decide on their nominees. Internecine power struggle and past rivalry with each other are hindering the list finalisation. The picture on the Maha Vikas Aghadi is a little different. None of the MVA partners has so far declared any name of a prospective candidate. Against this backdrop, Ajit has overtaken all other parties in the state. Equally important is his willingness to enter the fray after dilly-dallying for a long time. The other names in Ajit’s list include former home minister Dilip Walse Patil, senior leader Chhagan Bhujbal and the legislative assembly’s deputy speaker Narahari Zirwal. Not to take a chance, Ajit’s team started combing the Baramati constituency much earlier. The contest will be a fierce one if Ajit’s nephew Yugendra Pawar decides to take on his uncle. Yugendra is groomed by NCP founder Sharad Pawar ever since Ajit broke away from the parent party. Whatever the outcome, the seat will remain with the Pawar family, which has been holding it for the past 55 years.
Even as Tamil Nadu chief minister MK Stalin signed off his U.S. sojourn with a “goodbye USA” post, there is still a lot of speculation about the real purpose behind his nearly month-long tour across America. Though the official reason being given is that he had gone there to talk up foreign investment for the state, but both his critics and well-wishers are not convinced that the kind of business meetings that Stalin had lined up with CEOs reveal foreign investment had driven the DMK leader to camp in the U.S. Sources close to Stalin say the real purpose of the CM staying away from Chennai was that he was advised by astrologers, consulted by wife Durga, that the CM must stay away from his home, preferably travel across seven seas for the sake of his well-being and future of his politics. That is why in view of the inauspicious times, he also put off elevating son Udhayanidhi as Deputy CM as he was not sure of its impact on senior DMK leaders His critics have been panning his U.S. trip in social media as a waste of public money.
The Communist Party of India (Marxist) in Bengal is grappling with a significant leadership void following the sudden demise of Sitaram Yechury, the party’s General Secretary since 2015. Known for his pivotal role in steering the CPI(M) through turbulent political waters, Yechury’s death has left a profound impact, particularly on the Bengal State Committee, with which he had close ties. His demise has now triggered discussions within the party regarding his successor, with sources close to Alimuddin Street indicating that the Bengal faction is seeking someone aligned with its interests. Among the names being floated for the interim general secretary position are Brinda Karat and Prakash Karat. However, sources close to the party’s leadership in Bengal suggest that Brinda Karat has the edge, primarily due to her past association with Bengal. She was nominated to the Rajya Sabha by CPI(M) Bengal secretary Anil Biswas, further solidifying her connection with the state’s leadership. As there are also whispers about Maryam Alexander Baby, a former Kerala minister, as a possible successor to Yechury, in the upcoming Central committee meeting, the state unit is likely to push hard for a leader with pro-Bengal sentiments to take up the national leadership role owing to Yechury’s Bengal connections. Mohammad Salim, the current Bengal State Secretary, is another figure whose name has been suggested for a possible elevation to the national level. If Salim were to step up, the Bengal unit would need to find a new state secretary..
Six months after he was first arrested in the liquor policy scam, Delhi chief minister Arvind Kejriwal got bail in the CBI case. The AAP chief will now walk out of Tihar jail having been granted interim bail in the ED’s money laundering case in June. Fifth leader to get bail after AAP leaders like Manish Sisodia and Sanjay Singh in the same case, Kejriwal’s release may help the AAP go full throttle in its campaign in Haryana — where it will be taking on both incumbent BJP as well as the Congress, which refused to ally with it. Haryana-born Kejriwal will also have the advantage of testing his acceptability in the state even as AAP rules adjoining Punjab. The bail conditions make it difficult for Kejriwal to return to Delhi CM’s office. It is likely that he may go for an interim CM, elevate wife Sunita. Legally, the bail verdict has cast the CBI in a poor light as one of the judges invoked “caged parrot” analogy of the coal scam era and dubbed CBI arrest as “unjustified” after Kejriwal had secured bail in the ED case. Lok Sabha MP Sheikh Abdul ‘Engineer’ Rashid, who had been incarcerated in a terror-funding case under PMLA for 5 years, was recently freed by a NIA court to take part in J&K polls. To his surprise, the man who had trounced former CM Omar Abdullah in Baramulla was shocked to find that only fewer people had turned up to listen to him as he addressed his first election rally in Baramulla. Will Kejriwal’s experience be different from Rashid’s?
Congress leader Rahul Gandhi’s meeting with U.S. lawmaker Ilhan Omar sparked controversy, with the ruling BJP accusing him of aligning with anti-India forces. “…He has become the first LoP from India who met with a declared anti-India MP Ilhan Omar notorious for speaking against our country,” said BJP leader Sudhanshu Trivedi. Ilhan Omar serves in the U.S. House of Representatives, representing Minnesota’s 5th Congressional District, which includes Minneapolis and nearby suburbs. Omar has introduced resolutions in the U.S. Congress that criticised India’s policies and spoke against India’s decision to revoke Article 370, which gave special status to J&K. In April 2022, she visited Pakistan, met with top Pakistani leaders, including former Prime Minister Imran Khan, and travelled to Pakistan-Occupied Kashmir (POK). India condemned the U.S. Congresswoman’s visit to POK. In June 2023, Omar boycotted PM Modi’s address to the U.S. Congress. In June 2023, she introduced a resolution calling on the US Secretary of State to designate India as a country of particular concern for alleged violations of religious freedom. BJP IT cell chief Amit Malviya accused Rahul Gandhi of siding with Ilhan Omar, whom he described as a Pakistan-sponsored anti-India voice. His reaction came a day after Rahul in an address to the diaspora, took a jab at the BJP, saying people are no longer afraid of PM Modi after Lok Sabha results. In the backdrop of J&K polls, it would be interesting to see how Rahul’s photo-op interaction with Ilhan Omar plays out in the UT.
Netflix India’s content head Monika Shergill met Union I&B Ministry officials answering summons over controversy surrounding Anubhav Sinha’s IC814 -– The Kandahar Hijack web series aired worldwide. The inadequate disclaimer tagged alongside the series was promptly rectified with additions reflecting, “During the hijacking of IC814 (Indian Airlines plane) terrorists used aliases, code names. The names of terrorists were: Ibrahim Athar (alias Chief), Shahid Akhtar Sayed (alias Doctor), Sunny Ahmed Qazi (alias Burger), Mistri Zahoor Ibrahim (alias Bhola), Shakir (alias Shankar).” While expected to bring closure to issue, BJP is livid at the selective advisory being aired limitedly on Netflix India while global feeds (aired through U.S.-based servers) continue depicting the old disclaimer. I&B Minister Ashwini Vaishnaw faces flak from within BJP for the limited clarification. “The Indian Hindu diaspora is a global phenomenon in every corner of the world. Why is disclaimer restricted to resident Indian audiences? I&B Minister must take issue with Netflix,” senior BJP leader Mahendra Jain says. Another leader states, “Vaishnaw knows the old disclaimer was amended to include fresh advisory to be put out globally to set the record straight. This is now akin to hijacking the clarification itself to suit Netflix’s convenience. When newspapers issue rejoinders over inaccurate facts, it’s not limited to one segment alone but carried across editions so all readers are well informed.” He added BJP’s former I&B minister Ravi Shankar Prasad lost his ministry over a smaller faux pas after being tasked by PM Narendra Modi for tackling X over pejorative content regularly tweeted. “Back then, Prasad’s own twitter account was suspended which did not go down well with the BJP higher ups and he lost his job. Vaishnaw must pull up his socks or else face a similar fate.”
The Chennai-headquartered Shriram Group has become a bone of contention between NCLT and IRDA. One of the largest financial services companies in the country underwent a series of reorganization in the not-so-distant past. Ostensibly, the objective was to un-clutter its cross-holdings to usher in a simplified structure. By doing so, it sought to consolidate its focus on its core business. The restructuring process also involved two group companies — Shriram Life Insurance Company Ltd and Shriram General Insurance Company Ltd. As part of the process, the separate investments of Shriram Capital in these two insurance ventures were demerged into two SPVs (special purpose vehicles) – Shriram LI Holdings and Shriram GI Holdings. These investments were described as businesses while setting in motion the demerger process. This was done mainly to address the taxation angle. Within a year or so of the formation of these two SPVs, a move was initiated to amalgamate these two with the Shriram Life Insurance Company Ltd and Shriram General Insurance Company Ltd. The NCLT in Jaipur (where Shriram General is headquartered) and NCLT in Hyderabad (where Shriram Life is headquartered) heard these cases for approval. Insurance regulator IRDA raised objections to the amalgamation at Jaipur NCLT. The IRDA insisted that it had sole powers to approve since the merger related to the insurance entity. The Jaipur NCLT, however, declared that a merger of a non-insurance company with the insurance firm falls within the purview of the Companies Act, and, hence, IRDA has no power. The NCLT Jaipur suggested that only transfer of shares would come under the Insurance Act. In this instance, the amalgamation will result in the issue of fresh shares only. Hence, the NCLT Jaipur is convinced that fresh share issue comes under its purview only. The amalgamation move, no doubt, has the NCLT nod. But the NCLT Jaipur order has a lot to ponder over for the IRDA. Consequent to the NCLT Jaipur...
Congress Peeved As Teen Murti Loses Its Nehru Link, Renamed Prime Ministers Museum & Library Society
In a special meeting of the Nehru Memorial Museum & Library (NMML) Society, it was resolved to change the name to the Prime Ministers Museum & Library Society. The meeting was presided by Defence Minister Rajnath Singh who is the Vice President of the Society. PM Narendra Modi had mooted the idea of setting up of a museum dedicated to all the PMs of India on Teen Murti Premises, New Delhi in 2016. The Executive Council, NMML had in its 162nd meeting held November 25, 2016 approved the construction of the Museum of all PMs in the Teen Murti Estate. The project was completed and the Pradhanmantri Sangrahalaya was opened to the public on April 21 2022. The Executive Council subsequently felt that the name of the Institution should reflect the present activities which now also include a Sangrahalaya depicting the collective journey of democracy in Independent India and highlighting the contribution of each Prime Minister in nation-building. Nripendra Misra , who is chairman of the Executive Council, explained the need for a change in name by emphasizing that the Prime Minister’s Museum expresses the nation’s deep commitment to democracy and so the name of the institution should reflect its new form. The Congress, which has not been enthusiastic about all PMs’ museums right from the start, lashed out at losing the nostalgic Teen Murti link with Nehru.
When Jai Inder Kaur, daughter of former Punjab chief minister Capt Amarinder Singh, organised a BJP rally in Patiala to celebrate 9 years of Modi government last week it became apparent that she would be staking claim to the Patiala Lok Sabha seat currently held by her mother Perneet Kaur. Congress sources conceded that the Patiala Lok Sabha seat was now up for grabs. “We had after all suspended Perneet Kaur in February on the charge of helping her husband and the BJP,” said a Congress leader. With the exit of the royal family from the Congress fold, the party may not have any serious candidate to take on Jai Inder Kaur. Significantly, Kaur’s father was conspicuous by his absence at the rally as he wanted to keep the focus on his daughter. After being dumped by the Congress as CM, Capt Amarinder had floated Punjab Lok Congress in 2021. He merged his party along with the BJP in 2022 and was subsequently inducted into the party’s national executive. The Patiala rally was attended by Union Health Minister Mansukh Mandaviya. Some of them who have worked with Capt Amarinder have reportedly sent feelers to the BJP. After the loss of Jalandhar Lok Sabha by -election, there is also talk of the BJP and the Akali Dal coming back together for 2024.
Bharat Rashtra Samiti (BRS) has opened its first Maharashtra office in Nagpur with a bang. Former BJP MLAs Charan Waghmare and Raju Todsam have joined the party, hailing the leadership of Telangana chief minister and BRS founder K Chandrashekhar Rao (KCR). They have alleged that the BJP in Vidarbha region was more favourable to the Nationalist Congress Party (NCP) than to its own workers. Waghmare said he was expelled from the party because he was opposed to the BJP’s electoral alliance with the NCP. Both plan to contest the next assembly election on BRS tickets. Buoyed by the increasing response, BRS has announced that it will be opening its offices all over Maharashtra in the near future. Already, the BRS is gaining popularity in Marathwada region for Telangana’s decision to buy its onion, otherwise dumped by farmers by the roadside since the prices in that region had crashed and it was not possible to sell the produce. Former MLA Harshwardhan Jadhav, who joined the BRS about a month ago, took the initiative to finalise the deal between the growers and the market committees in Telangana. Another former MLA, Deepak Atram, has predicted that more and more political workers will enter the BRS after frustration with their present party leadership. KCR is now said to be concentrated more on Maharashtra than on Andhra Pradesh and is in search of influential leaders from other parties.
The run-up to the Panchayat election in West Bengal to be held on July 8 is witnessing violence right from the first day (June 9) of filing nomination papers. Incidentally, the Opposition parties moved the Calcutta High Court after new State Election Commissioner Rajiva Sinha announced that the filing of nominations will be from June 9 to June 15 and June 20 will be the last date of withdrawal. Incidents of sporadic violence have been reported from South 24 Parganas, North 24 Parganas, Murshidabad, Birbhum, East Midnapore, East Burdwan, Cooch Behar where BJP, CPM and Congress have accused the ruling TMC of preventing their candidates from filing nominations. According to TMC senior leadership, it is still facing the repercussions of Panchayat polls 2018, where TMC won more than 95% of gram panchayats, of which 34% of the seats were uncontested, a record in the history of Bengal Panchayat polls. Further, TMC is grappling with rampant infighting in its own bastion of South Bengal which turned violent. Incidentally, the appeal by the party’s general secretary Abhishek Banerjee to keep Panchayat poll violence-free seems to have fallen on deaf ears. What needs to be seen is whether Didi and the Election Commission will comply with the Calcutta High Court’s ruling and deploy central force at the super sensitive booths across the state during the panchayat poll.
The stock market is in a bull phase with both the benchmark indices — Sensex, Nifty50 – touching new highs every week. The market which is constantly looking for a trigger to scale to new highs seems to have got a big one. According to Mint “Participatory notes are poised for a comeback, this time through the International Financial Services Centre, Gift City, Gujarat, after nearly a decade of being discouraged by Indian regulators. Some leading global banks that currently issue P-Notes from global jurisdictions, such as Singapore, are considering shifting to GIFT City as the special economic zone offers both tax sops and regulatory clarity.” The return of P-Notes will be like music to the ears for the stock market players. According to The Hindu Business Line report “foreign investors had patronised P-Notes for 14 years between 2004 and 2018. At the peak, P-Note linked investments in India stood at around Rs 4-lakh crore. But P-Notes lost their charm after SEBI restricted its use and banned them completely in the derivatives segment.” Currently, India is parched for foreign money in stock markets and allowing P-Notes could act like steroids, experts say. On a net basis, the foreign portfolio investors sold Indian equities worth more than $20 bn in 2022. Tax arbitrage has forced FPIs to move to other jurisdictions.
Irony! Kerala’s Left Front Govt In Talks With Tatas, Adanis To Bail Out Kannur International Airport
It is rare that the fortunes of an airport are tied to an airline. One of the big casualties of Go First’s insolvency is Kerala’s second public-private airport, Kannur International Airport Ltd (KIAL). Set up at a cost of Rs 2500 crore in 2018, the airport which has attracted over 20 million passengers is today defaulting on salaries and all infrastructure payments. In fact, things have turned worse in the last two months, with the airport defaulting on interest payments on borrowings which have now risen to Rs 1200 crore. Go First used to operate 240 flights per month from KIAL to domestic and international destinations. These operations earned it a revenue of Rs 5 crore every month. Also, KIAL was used by Go First as a major parking bay for its fleet of aircraft. The airlines which operate from KIAL today are Air India Express and Indigo, which do only four or five flights per day. The Kerala chief minister Pinarayi Vijayan is worried that the airport could turn out to be another white elephant. It is believed that his government has approached the Tatas and Adanis to bail out KIAL. This is ironic, as the same Pinarayi government had vehemently opposed the privatisation of Trivandrum International to Adani. Critics say that Vijayan will go to any extent to save KIAL, as it is in the backyard of all the top Kerala CPM leaders.
TRENDS & VIEWS
Editor’s Note: Big Punch In Small Pack
It is the Third Anniversary of Short Post and as a news media startup launched during the Covid-19 pandemic it certainly feels better than good to find ourselves where we are today. Here, I must cite the unstinted support of our seasoned contributors, all senior editors in the country, who brought a great degree of maturity and sagacity to the Short Post newsroom. But for them, our tagline “Authentic Gossip”, an Oxymoron, would not have matured viably. Our user numbers may be small but our stories have created the desired impact among people who matter — decision makers and influencers. We offer a big punch in a small pack and Short Post with its 225-word stories has been punching above its weight category. Having posted close to 3,000 stories in the last 36 months, Short Post, I feel, is an idea whose time has come.
And this is vindicated by our two marquee advertisers – IDFC FIRST Bank and ICICI Lombard. Both believed in our story and have supported us from Day one. A big thank you to both.
If you look at the media landscape – print, TV and digital — it is a mixed bag. There are job losses as some outfits have closed down while a lucky few were bailed out by large corporate houses. Yes, there is a lot of action in the digital space. However, the entry of corporate houses has raised the question of independence of news media outfits. Sadly, there are just a handful of independent media outfits in the country that are highly respected for their neutrality. At Short Post, our credo is not to take sides, prejudge issues or be biased but, informing readers of behind-the-scenes happenings. In essence, Short Post strives to be a neutral editorial platform — neither anti-establishment nor pro-establishment.
As I said last year, disruptions in the media world are moving at a fast and furious pace. Technology is playing a very big role in how content is generated and consumed. But, we are neither alarmed nor perturbed as it is all a part of the evolution process. What gives us comfort is that AI is unable to create original gossipy content. And that is the news arena where we have achieved a distinction.