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A dull election is getting positively worse. It appears each Party has an idealistic, truthtelling, clean image and then there is a combative disputatious one as well. Each image must be sharp and ready to pounce on the other side. You could call them Dirty Tricks wars. Fair enough. But lately things have got desperate, not to say somewhat shocking in Delhi. It is the eternal battle between the Bharatiya Janta Party (BJP) at the power at the Centre based in Delhi and the Aam Admi Party (AAP),...
Out of My Mind: Absurdities Around Elections by Lord Meghnad Desai, Elara Capital
India has had universal franchise since its inception as a Sovereign Democratic Republic in 1950 (it took the US until 1965). There have been regular elections as required constitutionally except once in 1972 when Indira Gandhi declared an Emergency (using available legal procedures), which allowed her to stretch the Parliament beyond the due date. This year will be India’s eighteenth General Elections, 72 years after the first one in 1952. The elections in India are unusual in that the...
Out of My Mind : An Ideology-Free Democracy by Lord Meghnad Desai, Elara Capital
India’s 2024 General Election promises to be a damp squib. It may as well be declared as won by the BJP with its forecast of two-thirds majority. Having arrived in Delhi over the weekend, it is remarkable to notice how much more seriously the BJP is fighting the elections with Narendra Modi at the forefront, working as if he was fighting for his life. The Opposition I.N.D.I.A, or whatever remains of it, is behaving as if it is still NehruGandhi days and victory is guaranteed. For one th...
Out of My Mind : A Foregone Conclusion by Lord Meghnad Desai, Elara Capital
The opening of the Ram Mandir in Ayodhya on 22 January must have thrilled the nation and the Indian diaspora. It was a much better thought-out project than the opponents of the BJP. It was a privately funded and organised event with prominent members of the public in attendance. There was no State financing except for providing security. The Prime Minister was there in his private capacity as a Yajamaan -- host of the ceremony. So, you cannot say the principle of secularism was violated. It w...
Out of My Mind: I.N.D.I.A. Alliance Needs An Innovative Strategy by Lord Meghnad Desai, Elara Capital
The prospects for the year 2024 are interesting. There are elections in three democracies: the US, the UK and India. In all three, there are interesting challenges. In the US, the prospect is of a return match between Joe Biden and Donald Trump after the bruising fight four years ago. The country is deeply divided and although Trump is facing lawsuits, he seems to be enjoying wide support within the Republican Party. A victory for Trump will redefine Western Alliance as Trump may withdraw fro...
Elara Securities India: Lord Meghnad Desai - Out of my mind: Future of Democracy
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