The Yogi effect

UP Chief Minister Yogi Adityanath’s decisions- from banning pan, chewing tobacco, illegal slaughter houses, cancelling public holidays and above all, to go ahead and distribute school bags with the previous chief minister’s photo shows he made of a different mettle. What is more, other state governments too are duplicating his ideas

Over the last few months, images of Chief Minister of the country’s most populous state, Uttar Pradesh, Yogi Adityanath have been flashing all over the place. His government started various transformative changes that is making everyone sit up and take notice. What started off as a ban on pan, chewing tobacco and plastics is transforming not just offices but also officials of the Uttar Pradesh government.

The change is fast and he seems to mean business. The latest move by him asking his party workers not to welcome him and his ministers with flowers during their visits to the districts and instead welcome his team with a cleanliness campaign is striking a right chord with the common man. In what can be termed as an unprecedented move, never before attempted in the political firma, Yogi Adityanath allowed the distribution of thousands of unused school bags, branded with images of his predecessor Akhilesh Yadav. The measure is to save money as he was keen that public money should not go a-begging just for ‘political ego’.

The most tangible message has been his message that no scheme would be named after any person. The flair with which he is going about his tasks and the determination and quickness with which he is taking decisions is taking many by surprise as the five-time Gorakhpur MP and head priest of the Gorakhanath Mutt has taken the Chief Minister’s seat with consummate ease.

The Yogi effect is rubbing off on other states as well, Gujarat, which goes to the polls later this year, came up with an amendment to make cow slaughter an offence punishable with life term. What is striking is all his decisions are being taken with much appreciation by the man on the street and others are following him as well. For instance, the AAP decided to follow Yogi Adityanath and Delhi is to cancel holidays marking birth and death anniversaries. The UP chief minister’s move to cancel 15 public holidays is being applauded by the intelligentsia as well as the common man.

Even the Muslim community in UP is batting for ban on illegal slaughter houses in the state. Yogi Adityanath’s journey from becoming the head priest in 2014 after the death of his spiritual guru Mahant Avaidyanath has been fast and steady laced with fiery speeches and activism. Now that he is the head of the most populous state in the state, all eyes are on him but he has till date, though too early in his tenure is making the right moves and is able to catch the attention of the common man.

As soon as he was sworn in, he lost no time in making the employees read out and take the ‘swaacchta shapath’ the cleanliness oath and weild a broom to make the offices spic and span. The offices now are cleaner than before and sycophancy is slowing fading away. But apart from these ‘cosmetic’ changes a need to root out corruption that is so ingrained in the officialdom is something that one would have to wait and watch.

If one would bring in cricketing terminology. His first few overs have been phenomenal but there is still a long way to go. Well begun, is half done goes the saying, how it will culminate is something everyone is waiting to watch.

What do the election results mean for Indian economy?

A strong BJP led government provides the buoyancy that the markets need to step up reform

What do the election results in five states mean for India Inc and the economy as a whole? Will it usher as in the words of the Prime Minister Modi a new India? It may be too soon to say in the affirmative but the triumph in UP is definitely going to ‘UP’ the ante on reforms, including the roll out of GST.

All fears of a backlash due to demonetisation have now been laid to rest and BJP making inroads into Manipur, a Congress bastion for decades has shown that the Modi wave is indeed sweeping across the country. A strong majority brings in confidence and investments for Asia’s third largest economy.

Markets and politics connect in more ways than one. A majority government always provides buoyancy to the economy and investors show confidence.  If the recent election results are any indication, it was what the doctor ordered. There are going to be decisive reforms, concerted efforts and a positive sentiment.

A good majority drives the economy and the kind of sentiment that is prevailing in the nation; this sentiment could extend till the next decade.

What this means for the economy is a new found confidence, a stable government, easy movement of policies and effective long-term plans. All concerns on the political front are now dissipated and the new mantra that Modi speaks about is poor to be given opportunities and not dole. This will have a far reaching impact as dishing out dole would only make people lazy but by giving them opportunities would mean to nurture entrepreneurs.

The pangs of demonetisation now a thing of the past, the Modi government is likely to widen reforms. The possibility of retaining power even after 2019 imminent as of now, the economy is bound to grow. Efforts to transform India from a soft state would now get a fillip. Political stability lends confidence and markets thrive on it.

There are still two more years to go before a complete assessment of his impact on the Indian economy could be made but for now, he seems to delivering.

During the 2014 elections, Indian economist Arvind Subramanian said that Modi’s intentions involved a Thatcher-like ‘Big Bang’ of policy moves but was not sure if Modi could  pull it off. It seems as if he is in all earnest if not pulled it off, is on his way.