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Teluguhero Side Hero Username: Teluguhero Post Number: 2457 Registered: 04-2008 Posted From: 76.106.197.158 Rating: N/A |
http://www.pewglobal.org/2017/11/15/india-modi-remains-very- popular-three-years-in/ Three Years In, Modi Remains Very Popular Indiansâ approval of Prime Minister Narendra Modi and their satisfaction with both their countryâs direction and the state of its economy have grown in recent years. Three years into Modiâs five-year tenure, the honeymoon period for his administration may be over but the publicâs love affair with current conditions in India is even more intense. Nearly nine-in-ten Indians hold a favorable opinion of Modi, comparable to their view of him in 2015, after a year in office. Roughly seven-in-ten say they have a very favorable view of the prime minister, again similar to public views in 2015. These are among the main findings of a Pew Research Center survey conducted among 2,464 respondents in India from Feb. 21 to March 10, 2017. Modiâs overwhelming popularity extends across India. At least nine-in-ten Indians in the southern states of Andhra Pradesh, Karnataka, Tamil Nadu and Telangana and in the western states of Maharashtra, Gujarat and Chhattisgarh hold a favorable view of the prime minister. The same is true for more than eight-in-ten in the eastern states of Bihar, Jharkhand, Odisha and West Bengal and the northern states of Delhi, Haryana, Madhya Pradesh, Punjab, Rajasthan and Uttar Pradesh. Since 2015, Modiâs popularity is relatively unchanged in the north, has risen in the west and the south and is down slightly in the east. Modi remains by far the most popular national figure in Indian politics tested in the survey. His favorable rating is 31 percentage points higher than that of Sonia Gandhi, the leader of the Congress party, and is 30 points more than that for Rahul Gandhi, who led the Congress ticket in the last Lok Sabha election. The publicâs positive assessment of Modi is buoyed by growing contentment with the Indian economy: More than eight-in-ten say economic conditions are good, up 19 percentage points since immediately before the 2014 election. And the share of adults who say the economy is very good (30%) has tripled in the past three years. Overall, seven-in-ten Indians are now satisfied with the way things are going in the country. This positive assessment of Indiaâs direction has nearly doubled since 2014. A partisan gap on Modi Support for Prime Minister Modi is a partisan affair. Backers of Modiâs Bharatiya Janata Party (BJP) express stronger support for the prime minister than do backers of the rival Indian National Congress party (INC), as might be expected. The 2017 partisan gap in favorable approval of Modi is 32 percentage points, larger than the 20-point divide in 2015 but relatively unchanged from 2016. The prime ministerâs growing popularity can in part be traced to public satisfaction with his handling of domestic issues. At least seven-in-ten Indians approve of how he has helped the poor and handled unemployment, terrorism and corruption. Approval in these four areas is up 10 points or more since 2016. Public assessment of his dealings with various challenges is quite partisan. On all eight of the issues surveyed, BJP adherents are more likely than Congress backers to approve of Modiâs performance, by 25 points or more. BJP supporters have a more positive opinion on the economy than Congress supporters. But both groups are similarly satisfied with the direction of the country, despite a partisan gap of 18 points in 2016. The state of Indian governance and democracy The Indian public, happy with its prime minister, believes the national government is doing the right thing for the country. More than eight-in-ten (85%) voice trust in the national government, including 39% who express a lot of trust. BJP supporters (90%) are more trusting of the government than Congress backers (76%). The public is also quite satisfied (79%) with the way their democracy is currently working. This includes 33% who are very satisfied. Again, this is a partisan issue. BJP supporters (84%) are significantly more satisfied with Indian democracy than are Congress backers (65%). India and the world Many Indians do not express an opinion about international affairs. One-third or more of those surveyed express no opinion about other countries or Prime Minister Modiâs handling of relations with prominent players on the world stage. But, there are still some notable differences in opinion. About half of Indian adults hold a favorable view of the United States, down 21 percentage points since 2015. Only 40% express confidence in President Donald Trump to do the right thing regarding world affairs, down 34 points from their faith in his predecessor, Barack Obama, in 2015. Both declines began in the last year of the Obama administration and continued in 2017. The falloff in support for the U.S. has been greatest among Congress party supporters. The decline in confidence in the U.S. president has been roughly comparable among both BJP and Congress adherents. At the same time, Indian assessment of Americans (56%) remains positive and largely unchanged since the last time this question was asked. Indian views of the U.S. are comparable with those in Indonesia (48%) and Australia (48%), but far less favorable than those in Vietnam (84%) or the Philippines (78%). Indiansâ confidence in Trump is higher than that among Japanese (24%) or Indonesians (23%), but lower than among Filipinos (69%) or Vietnamese (58%). There has been a similar, if less precipitate, decline in favorable public views of China. Indian opinion of China has soured by 15 points since 2015, with 26% expressing a favorable view in 2017. Indian confidence in Chinese President Xi Jinping is low (21%), down from 2015 but up from that in 2016. There is no significant partisan difference in views of either China or Xi. | ||
Yodha Hero Username: Yodha Post Number: 12115 Registered: 08-2011 Posted From: 85.17.24.66 Rating: N/A |
Please post the same news of last year about moody's article in livemint Bhagat Singh|Subhash chandra bose | ||
Teluguhero Side Hero Username: Teluguhero Post Number: 2456 Registered: 04-2008 Posted From: 76.106.197.158 Rating: N/A |
http://www.livemint.com/Politics/SI8yTV7cvoo9xnW3wYkJ4I/Mood ys-upgrades-Indias-credit-rating-in-boost-to-Narendra.html Moodyâs upgrades India rating, backs Modi govt reforms Moodyâs has raised Indiaâs credit rating from the lowest investment grade of Baa3 to Baa2, and changed the outlook from stable to positive New Delhi: Credit rating company Moodyâs Investors Service on Friday upgraded Indiaâs sovereign rating by a notch in a ringing endorsement of the Narendra Modi governmentâs reforms policy. Moodyâs raised the rating from the lowest investment grade of Baa3 to Baa2, and changed the outlook from stable to positive. Itâs the first upgrade of Indiaâs rating in 14 years. Backing the reforms initiated by the government in the last three years, Moodyâs said in a statement, âThe decision to upgrade the ratings is underpinned by Moodyâs expectation that continued progress on economic and institutional reforms will, over time, enhance Indiaâs high growth potential.â Popularly known as Modinomics, the economic policies, some of which like the demonetisation of high-value banknotes have caused disruption to the informal economy, have received flak from the political opposition, especially in the campaign underway for the Gujarat elections next month. Not only will the Moodyâs ratings upgrade deflect this criticism, it is likely to unleash a fresh round of foreign portfolio investments and make external commercial borrowings cheaper. The ratings agency, after the sovereign upgrade, revised the ratings for corporate entities too. âMany who had doubts about Indiaâs reform process would now seriously introspect on their position,â finance minister Arun Jaitley said in response to the upgrade. Financial markets cheered the upgrade. The BSE Sensex ended at 33,342.80 points, up 235.98 or 0.71%, while the Nifty closed at 10,283.60, up 68.85 or 0.67%. The rupee closed at 65.02 per dollar, up 0.47% from its previous close. Bond prices, which move in opposition direction to yields, erased all the gains and closed little changed. The 10-year bond yield slid 13 basis points, its steepest fall since 16 May, before closing flat at 7.05%. âIt is reaffirmation of how the world views India,â State Bank of India chairman Rajnish Kumar said. âThe economic reforms programme which the government has initiatedâafter a period of pain, the results have started showing. The governmentâs fiscal prudence itself gets a thumbs-up, apart from the far-reaching reforms which we have seen in the banking sectorâthe bank recapitalisation programme, the adoption of the Insolvency and Bankruptcy Code, the GST (goods and services tax) reform.â Moodyâs warned that Indiaâs rating could be downgraded if its fiscal metrics and the outlook for general government fiscal consolidation deteriorates materially. âThe rating could also face downward pressure if the health of the banking system deteriorated significantly or external vulnerability increased sharply,â it said. Finance secretary Hasmukh Adhia tweeted, âThe path that Government has chosen for long-term reforms and fiscal consolidation is well recognised by investors already. The rating agency too has now confirmed it formally, which is welcome.â The rating upgrade for India came months after Moodyâs and Standard and Poorâs (S&P) and Moodyâs lowered Chinaâs sovereign rating, citing risks from soaring debt. The upgrade came after Moodyâs said the Indian government was midway through a wide-ranging programme of economic and institutional reforms such as the recently-introduced GST that removed barriers to inter-state trade. âWhile a number of important reforms remain at the design phase, Moodyâs believes that those implemented to date will advance the governmentâs objective of improving the business climate, enhancing productivity, stimulating foreign and domestic investment, and ultimately fostering strong and sustainable growth,â it added. Among other things, it acknowledged improvements to the monetary policy framework and measures to address the overhang of non-performing assets (NPAs) in the banking system. âOther important measures which have yet to reach fruition include planned land and labour market reforms, which rely to a great extent on cooperation with and between the States,â it said. |