NYT Editorial For Modi Politics..Wow

[Tameem]

By THE EDITORIAL BOARDNOV. 3, 2015

The dismay that many ordinary Indian citizens feel about Prime Minister Narendra Modi’s willingness to tolerate, even encourage, the Hindu hard-liners in his own party has now spread to the financial community. Last week, Moody’s Analytics, a division of the bond rating and risk management company, warned that Mr. Modi “must keep his members in check or risk losing domestic and global credibility” — meaning, in so many words, its attractiveness to international investors.

Indian business leaders are no less alarmed. Over the weekend, N.R. Narayana Murthy, a co-founder of the Indian technology giant Infosys, lamented that “the reality today is that there is considerable fear” in the minds of the minority in India, and Kiran Mazumdar-Shaw, chairwoman and managing director of Biocon, said business leaders are “concerned with what’s happening all across the country.”

Among the sparks that have set off an extraordinary outpouring of citizen reaction are the August killing of Malleshappa Madivalappa Kalburgi, a 76-year-old critic of Hindu idolatry, and Mr. Modi’s tardy condemnation of the lynching of a Muslim man in September by a Hindu mob enraged by a rumor that his family had killed a cow and eaten its meat.

By mid-October, 35 Indian authors and poets had returned their awards to India’s National Academy of Letters. Since then, Indian sociologists, scientists, filmmakers and more than 300 Indian artists have published public statements of concern and outrage. On the occasion of his 50th birthday on Monday, the film superstar Shah Rukh Khan spoke out against intolerance and warned, “We will never be a superpower if we are not going to believe that all religions are equal.”

The plain truth is that India is being riven by hatred and held hostage to the intolerant demands of some Hindu hard-liners. This is not the India a vast majority of Indian citizens want and it is not an India that will attract the foreign investment Mr. Modi has worked hard to drum up on his many trips abroad.
http://www.nytimes.com/2015/11/04/opinion/the-costs-of-hindu-extremism.html?_r=0

For PDF Modi Lover its an Achievement in itself

 

[Tameem]

Hindu Extremism Doesn't Help Modi's American Dream
HuffPost India | By Betwa Sharma Posted: 04/11/2015 17:04 IST Updated: 04/11/2015 18:39 IST

• NEW DELHI -- In a damning editorial, The New York Times has pointed out that business leaders in India and abroad are balking at the prevailing atmosphere of intolerance gripping India, and the financial community is dismayed at Prime Minister Narendra Modi's "willingness to tolerate, even encourage, the Hindu hard-liners in his own party."
  
  "The plain truth is that India is being rived by hatred and held hostage to the intolerant demands of some Hindu hard-liners. This is not the India a vast majority of Indian citizens want and it is not an India that will attract the foreign investment Mr. Modi has worked hard to drum up on his many trips abroad," says the editorial titled The Costs of Hindu Extremism.
  
  While Modi is often dismissive about media outlets critical of his point-of-view, NYT is one of the most influential newspapers in the United States, which has a role in informing as well as fashioning public opinion. And no Indian leader has done as much to woo the American president, American companies and American investors.
  
  With the economy in a downward spiral at the end of the Congress Party-led government's second tenure, Modi came to power on the promise of development and investment. To this end, the Prime Minister has been trotting the globe to get world leaders excited about bringing business to India.
  
  During his trip to the West Coast, last month, Modi made a valiant effort to pitch India as an investment destination for Silicon Valley firms, courting chief executives at such marquee names as Facebook, Google and Apple.
  
  
  
  
  Facebook CEO Mark Zuckerberg, right, hugs Prime Minister of India Narendra Modi at Facebook in Menlo Park, Calif., Sunday, Sept. 27, 2015.
  Rein Them In
  
  Last week, Moody's Corporation became the first global institution to warn Modi that political bungling could have grave economic consequences.
  
  Advising the Prime Minister to rein in Bharatiya Janata Party leaders from making controversial statements, a Moody’s Analytics report said, "Modi must keep his members in check or risk losing domestic and global credibility."
  
  So far, Modi has not made any offensive remarks, and he has kept a distance from the tirade of insensitive statements made by his party members: one BJP leader described the lynching of a Muslim man over beef rumours as an "unfortunate accident," another one said that Shah Rukh Khan's spirit lives in Pakistan after the Bollywood actor spoke about the need to respect all religions, and a third one said that he would behead Karnataka Chief Minister Siddaramaiah if he dares to eat beef.
  
  READ: Moody's Infamous Modi Report: Nothing Official About It
  
  While Modi has advocated peace and tolerance on several occasions, it is widely regarded that his speeches lack the conviction needed to turn the tide against extremism, and he has failed to silence right-wing groups.
  
  More often than not, Modi appears to speak of tolerance only when pushed into a corner. The country had to wait for a long time for him to address the series of attacks against churches which started soon after the BJP came into power. He finally spoke in February, 2015, shortly after President Barack Obama said that Mahatma Gandhi would have been shocked at the acts of intolerance in India.
  
  Once again, India had to hold its breath for 10 days before Modi spoke on the horrifying lynching of a Muslim ironsmith in western Uttar Pradesh by a mob alleging that he had slaughtered cow on September 28.
  
  Forced to speak in the midst of rising turmoil, Modi said that Indians need to fight poverty, not Muslims, and he advised the public to ignore hate speeches. But his first direct reference to the lynching as "very sad" failed to reciprocate the enormity of the crime against a member of the minority community.
  
  READ: Subramanian Swamy's Book On Terrorism Promotes Communal Hatred, Modi Government Tells Supreme Court
  
  Last week, Infosys founder N.R. Narayana Murthy said that "there is considerable fear in the minds of minority in India."
  
  Kiran Mazumdar-Shaw, managing director of Biocon, said business leaders are “concerned with what’s happening all across the country," and the prevailing environment "creates a kind of concern about investing in country."
  
  Lord Meghnad Desai, an Indian-born economist, said that the "tone" of junior leaders of the BJP "is very openly hostile to Muslims."
  
  "It's basically the anti-Muslim tone of some of the BJP Ministers and MPs which actually for a lot of people is wrong and it is time that the leaders of BJP said so openly and clearly," he said.

NYT's Damning Editorial On Hindu Extremism Doesn't Help Modi's American Dream

 

[Barrel-Bomba]

some 20 year old fresher wrote that piece for moody's, things are just fine in India, no difference on the ground in this past year and a bit. All this is just congress/left media hype.

 

[third eye]

Whats the ' WOW' in this ?

 

[Tameem]

Whats the ' WOW' in this ?

Read it with my last line comment.

 

[Star Wars]

Moodi's have distanced themselves from the comments of their supposed ANALyst

 

[SarthakGanguly]

Touched by the concern from huffpost and Pakistanis.

 

[SwAggeR]

India positioned more favourably for future than China, says World Economic Forum

 

[ranjeet]

Those who want to ignore/boycott 1.2 billion plus market let them do so, but if you want to invest here please walk in after you climb down from that moral high horse.