These have been truly turbulent years. Between then and now, we have seen Mayawati sweep Uttar Pradesh and then lose it badly. Between then and now, India has miserably lost the Cricket World Cup and then won it handsomely. Between then and now, the Indian economy has changed from being a rampaging elephant to a caged tiger once again. Between then and now, the three Khans of Bollywood have further cemented their supremacy over the box office. Between then and now, Rahul Gandhi has been transformed from being the latest Great White Hope to a question mark and an enigma. Between then and now, the loot and plunder of natural resources through crony capitalism have gathered momentum. Between then and now, Ratan Tata has endured the disgrace of Singur to fade triumphantly into retirement. Between then and now, Mamata Didi has remained Mamata Didi... So much has happened over the last six years that it would require many multiple books to chronicle contemporary history. And my readers know I do not write history books :-)

And yet, I have identified six major and defining trends of the last few years that will have a lasting impact on India for at least another decade. In no order of preference and importance, here is my list:

1: Good governance gets pro-incumbency verdicts:
In 2005, when my team and I had started planning the launch of The Sunday Indian – after having launched Business & Economy and 4Ps Business & Marketing – Nitish Kumar narrowly failed to achieve his dream of becoming the Bihar Chief Minister. In 2006, when this magazine was launched, Nitish Kumar won a decisive verdict. In 2011, he won an even more decisive verdict. So much so that people are now openly talking of his ambitions to be Prime Minister. Ditto for Narendra Modi. Barring a miracle for the Congress, Modi is all set to win Gujarat for the third successive time. Like Nitish, he too is a contender for the post of Prime Minister. Sheila Dixit and Naveen Patnaik have already won three successive elections in Delhi and Odisha respectively. The incumbent Left Front in Kerala almost pulled off a shock victory over Congress last year, losing the assembly by just one seat. The Akali Dal-BJP combine achieved what was thought impossible: winning a second successive term in Punjab. And it does look like Shiv Raj Chauhan and Raman Singh will win their third successive elections in Madhya Pradesh and Chattisgarh next year. It is not as if all incumbent governments are winning. The DMK-Congress alliance was humiliated in Tamil Nadu last year; Mayawati lost badly in UP this year; the BJP lost Rajasthan in 2008; and the Congress was trounced in Goa this year. I really don’t need to add more. If the voter thinks you are delivering decent governance, you have her support.   Read More....

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

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