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Daily Briefing: PM Modi targets corruption, nepotism in I-Day speech; Taliban celebrates one year since Afghanistan takeover


The Big Story

Devoid of announcements on any social sector schemes, Prime Minister Narendra Modi’s Independence Day speech focused on the big picture, and dwelt on the ideas for the future, urging people to embrace self-reliance in spirit and action. He framed his political argument on two pillars, spelling out a five-point “pran” (commitment/ resolve) for the ensuing 25 years, and the twin challenges of “corruption” and “dynasty politics and nepotism” confronting the nation.

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To celebrate the first anniversary of their takeover of Afghanistan, hundreds of Taliban fighters took to the streets of Kabul, riding in open pick-up trucks, holding automatic guns and waving their group’s white-and-black flags. But few civilians, either on the streets or indoors, took part in the celebrations — and no women at all. However, a small group of women reportedly met in secret at a house in Kabul to mark their protest and pledged to continue their resistance against the Taliban.

While the family of the Dalit boy who died after he was allegedly beaten up by his upper-caste teacher for drinking water from a pot meant for the teacher, Rajasthan police have maintained that their investigation so far hasn’t revealed any caste angle. The teacher also found support from his staff, some of them Dalits, who say no drinking water pot was kept in the building. The boy’s family, however, alleged that the Dalit teachers of the school were under pressure and had no option but to back the teacher, who is also their employer.

On August 26, when Justice N V Ramana retires as Chief Justice of India (CJI), he will be leaving at a time when high court judge vacancies are down to their lowest level since 2016. The Supreme Court collegium led by him made more than 250 recommendations for high courts. During CJI Ramana’s tenure, the collegium also made 11 judge recommendations for the Supreme Court. The list included, for the first time, three women — Justices Hima Kohli, B V Nagarathna and Bela Trivedi. Justice Nagarathna is in line to be the first woman CJI in 2027.

From the Front Page

Bilkis Bano, who was pregnant at the time, was gangraped and her three-year-old daughter Saleha was among 14 killed by a mob during the 2002 Gujarat riots. Of the 13 convicts, 11 were sentenced to life imprisonment on the charge of gangrape and murder. Now, the 11 have been freed from a Godhra sub-jail on Independence Day after a state government panel approved their application for remission of sentence.

Bihar Chief Minister Nitish Kumar in his Independence Day speech said that the state government would try to create over 20 lakh jobs within and outside the government. This comes as conversations at village chaupals, and tea and paan shops remain dominated by berozgari (unemployment) – a long-standing grouse against the government – post the recent political churn in the state.

Must Read

PSUs across sectors from banking to energy continued to witness a shrinking of their headcount, an analysis of annual reports shows. Among the top 15 listed PSUs by market capitalisation, barring SBI Life Insurance, IRCTC, and LIC (not yet reported its numbers for the year-ended March 31, 2022), all companies have been reporting a decline in the number of employees for the past several years.

The Centre’s DigiYatra initiative, piloted at the Delhi airport, envisages that travellers pass through various checkpoints at the airport through paperless and contactless processing, using facial features to establish their identity. We explain how DigiYatra works, which airports will implement it, and how.

Opining about India’s foreign policy as it moves towards becoming “viksit Bharat” (developed India), C Raja Mohan writes: “Deterring the dangers from across the Western frontier must remain a major priority until Pakistan is ready for a productive relationship with India. Meanwhile, Delhi must continue to build on the recent good work in overcoming the bitter legacies of Partition in the east – including the settlement of the boundary dispute with Bangladesh.”

And Finally…

Cricket was at the heart of an early struggle over the rights of citizenry. As a new Governor from England, Lord Harris – a former cricket captain – arrived in Bombay in 1891, Indians petitioned him to reserve the land used by Britishers to play polo for cricket alone. Harris resolved the conflict by allotting land, ‘reclaimed’ from the sea for the exclusive use of native Indian cricketers. We trace the history of the polo vs cricket fight, the birth of Pentangular cricket tournament and its eventual disbanding.

Delhi confidential: More than 5 crore Tiranga selfies have been uploaded on the Har Ghar Tiranga website from across India and the world. The website saw a huge draw because of its feature that allowed people to digitally ‘pin a flag’ at a location based on their IP.

In today’s episode of the ‘3 Things’ podcast, we talk about the death of a 9-year-old Dalit boy in Rajasthan, India’s concerns over a Chinese vessel docking at a Sri Lankan port and the attack on Salman Rushdie.

Until tomorrow,
Leela Prasad and Sonal Gupta

Business As Usual by EP Unny





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PM’s assets up ₹26L to ₹2.2cr; land donated | India News


NEW DELHI: Prime Minister Narendra Modi owns total movable assets worth over Rs 2.23 crore, including Rs 2.10 crore as bank fixed deposits and multi-option deposits, but no longer owns any immovable property, having donated his share in a piece of land in Gandhinagar, as per the latest disclosure of his movable and immovable assets as on March 31, 2022.
Modi’s assets, according to the disclosure from last year, stood at over Rs 1.97 crore as on March 31, 2021, and have since grown by Rs 26.13 lakh.
His Rs 2.23 crore movable assets, as per the latest declaration, include Rs 46,555 as bank balance, down from Rs 1.52 lakh a year ago; Rs 35,250 as cash in hand, down from Rs 36,900; Rs 2.10 crore in bank FDR and MOD, up from Rs 1.83 crore; Rs 9.05 lakh in National Savings Certificate, up from Rs 8.93 lakh; Rs 1.89 lakh in life insurance policies; and jewellery comprising four gold rings worth Rs 1.73 lakh, up from Rs 1.48 lakh.
An update on the residential plot valued at Rs 1.1 crore which he, as per his last year’s declaration, held with three others, states that it “is no more owned by the self as the same has been donated”. The plot was purchased in October 2002 when Modi was the chief minister of Gujarat.
The Prime Minister also has no investment in any bond, share or mutual funds and does not own any vehicle.





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PM Modi’s assets grew by Rs 26 lakh to Rs 2.23 crore in 2022


Prime Minister Narendra Modi owns assets worth over Rs 2.23 crore, mostly as bank deposits, but has no immovable properties as he has donated his share in a piece of land in Gandhinagar, according to his latest disclosure about assets.

He has no investment in any bond, share or mutual funds, does not own any vehicle, but has four gold rings valued at Rs 1.73 lakh, according to his declaration updated till March 31.

Modi’s movable assets rose by Rs 26.13 lakh from a year ago, but he no longer owns the immovable assets which were worth Rs 1.1 crore as on March 31, 2021.

His assets total Rs 2,23,82,504 as on March 31, 2022, according to details uploaded on the Prime Minister’s Office (PMO) website.

ALSO READ | After PM Modi consoles Indian wrestler, Pak journalist slams his nation’s leaders; here’s why

The residential plot he jointly held with three other owners, each having an equal share, was purchased by him in October 2002 when he was the chief minister of Gujarat.

The latest update said, “Immovable property Survey No. 401/A was jointly held with three other joint owners and each having an equal share of 25 per cent is no more owned by the self as the same has been donated.”

The cash in hand with the prime minister as on March 31, 2022 was Rs 35,250 and his National Savings Certificates with post office were worth Rs 9,05,105 and had life insurance policies valued Rs 1,89,305.

Among the prime minister’s Cabinet colleagues who have declared their assets, Defence Minister Rajnath Singh has movables worth Rs 2.54 crore and immovable assets worth 2.97 crore as on March 31, 2022.

Of all the 29 Cabinet ministers, the ones who have declared their own and their dependents’ assets for the last fiscal also include Dharmendra Pradhan, Jyotiraditya Scindia, R K Singh, Hardeep Singh Puri, Parshottam Rupala and G Kishan Reddy.

Mukhtar Abbas Naqvi, who was a Cabinet minister in the last fiscal and demitted office in July, has also declared his assets.

— ENDS —



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PM’s Office declares assets of Ministers, Modi donates share in only property owned


THE VALUE of Prime Minister Narendra Modi’s movable assets increased by Rs 26.13 lakh during 2021-22 — and he no longer owns any immovable property after donating his share in a residential plot in Gujarat, according to his latest declaration of assets on the Prime Minister’s Office (PMO) website.

With details provided upto March 31, 2022, the declaration shows that Modi’s movable assets increased from Rs 1,97,68,885 at the end of March 2021 to Rs 2,23,82,504. This includes a fixed deposit, bank balance, National Savings Certificates, life insurance policies, bank balance, jewellery and cash in hand.

The Prime Minister has mentioned “NIL” in the column for immovable assets. A note under the list states: “Immovable property Survey No. 401/A was jointly held with three other joint owners and each having an equal share of 25%, is no more owned by the self as the same has been donated.”

In last year’s declaration, Modi had listed a one-fourth share (3,531.45 sq ft) in a residential plot located at Survey No. 401/A, Sector-1, Gandhinagar, which measured 14,125.80 sq ft in total with an overall market value of Rs 1.10 crore.

Previous declarations show that Modi had acquired this property jointly with three other owners on October 25, 2002, when he was Chief Minister of Gujarat. At the time of purchase 20 years ago, the cost of the property was Rs 1,30,488 — an expenditure of Rs 2,47,208 was incurred as investment by way of development and construction.

An analysis of movable assets listed by the Prime Minister shows that the amount of cash in hand has come down marginally — from Rs 36,900 last year to Rs 35,250. His bank balance has also dipped to Rs 46,555 from Rs 1,52,480 as on March 31, 2021.

The latest declaration shows that his bank FDR and MOD balance has increased to Rs 2,10,33,226 from Rs 1,83,66,966 at the end of March 2021.

Last year, the Prime Minister had declared Rs 20,000 as investment in L&T Infrastructure Bond (Tax Saving), which he purchased in January 2012 when he was Chief Minister. This investment does not figure in the 2022 declaration.

The value of his investment in National Savings Certificates (Post) has increased to Rs 9,05,105 from Rs 8,93,251 a year ago. Similarly, the value of his life insurance policies has increased from Rs 1,50,957 to Rs 1,89,305 during this period.

The Prime Minister’s declaration includes four pieces of gold rings (weighing about 45 grams) and valued at Rs 1,73,063 — up from Rs 1,48,331 a year ago.

In the column on details of assets owned by the spouse, the Prime Minister has stated, “Not known”.

The PMO website also shows the latest declarations of 10 Central ministers: Rajnath Singh, R K Singh, Dharmendra Pradhan, Hardeep Singh Puri, G Kishan Reddy, Jyotiraditya Scindia, Parshottam Rupala, V Muraleedharan, Fagan Singh Kulaste — and Mukhtar Abbas Naqvi who relinquished charge on July 6, 2022.

Out of 30 Cabinet ministers, the asset details of eight ministers are available, and of 45 Ministers of State, details for two are listed. The property details of two Ministers of State (Independent Charge) are not available.

Among the Union ministers, the value of movable assets owned by Defence Minister Rajnath Singh has increased by Rs 29.58 lakh from Rs 2.24 crore to Rs 2.54 crore as on March 31, 2022. He has reported the same value of immovable properties — Rs 2.97 crore — as shown during the last two years.

Singh has reported an increase of Rs 8.51 lakh in the value of assets owned by his spouse Savitri Singh — from Rs 56 lakh last year to Rs 64.51 lakh.

The value of Education Minister Dharmendra Pradhan’s net assets has increased from Rs 1.62 crore at the end of March 2021 to Rs 1.83 crore. Pradhan has reported the value of net assets of his spouse Mridula T Pradhan at Rs 2.92 crore — an increase of Rs 11.53 lakh from last year.

Animal Husbandry Minister Parshottam Rupala has reported a net worth of Rs 7.29 crore — an increase of Rs 1.42 crore from last year. Rupala reported a net worth of Rs 5.59 crore for his spouse Savitaben Rupala — an increase of Rs 45 lakh from last year.

Civil Aviation Minister Jyotiraditya Scindia has reported total assets of Rs 35.63 crore and liabilities of Rs 58 lakh as on March 31, 2022. His spouse, Priyadarshini Raje Scindia, has reported assets of Rs 14.30 lakh and liabilities of Rs 74,000.

Culture Minister G Kishan Reddy has reported total assets of Rs 1.43 crore. He has also reported worth Rs 8.21 crore of movable and immovable assets and Rs 75.16 lakh in liabilities in the name of his spouse, G Kavya.





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LIC IPO: A $17 billion loss puts LIC IPO among top Asia wealth losers | India Business News


An eye-popping $17 billion wipeout in market value has made Life Insurance Corp of India one of the biggest wealth destroyers among Asia’s initial public offerings this year.
Having plunged 29% since its May 17 debut, India’s biggest ever IPO now ranks second in terms of market capitalization loss since listing, according to data compiled by Bloomberg. The drop puts it just behind South Korea’s LG Energy Solution Ltd., which saw a more than 30% peak-to-trough decline in its share price after an initial spike on debut.

Almost a month after listing, LIC’s $2.7 billion IPO has turned out to be one of Asia’s biggest new stock flops this year, as rising interest rates and inflation levels globally hurt demand for share sales and with India’s stock market facing unprecedented selling pressure by foreigners. The benchmark S&P BSE Sensex is down more than 9% this year.

LIC’s shares are poised to fall for a 10th consecutive session, slipping as much as 5.6% Monday after a mandatory lock-up period for anchor investors ended Friday. The rout has worried the government, with officials saying the company’s management will “look into all these aspects and will raise shareholders’ value.”
LIC’s long-delayed IPO was dubbed India’s “Aramco moment” in reference to Gulf oil giant Saudi Arabian Oil Co.’s $29.4 billion listing in 2019, the world’s largest. It was part of Prime Minister Narendra Modi’s plans to expand the nation’s capital markets. The share sale, which was oversubscribed by nearly three times, was aimed at narrowing the government’s budget deficit after spending increased during the pandemic.
More pain could be ahead for the stock given its lackluster quarterly results, according to Avinash Gorakshakar, head of research with discount brokerage Profitmart Securities Pvt. “The management’s communication with investors is confusing. They haven’t held an analyst call after the results,” he said. “So there is no clarity on how the company is planning to grow, what is going to be its strategy.”





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Explained: Eight years of Modi Govt


The Modi Govt completes 8 years today. Since returning to power in 2019, it has checked several key boxes on its agenda. India appears to have put the worst of the pandemic behind, but multiple challenges loom at home and abroad for the remainder of the Govt’s second term.

ECONOMY: Hope and challenge

India is seen to be the world’s fastest-growing big economy in FY23, with a realistic chance of holding on to that badge for a while as a botched zero-Covid policy threatens to derail the Chinese economy. But some of the structural issues that constrained the Indian growth story before the pandemic continue to weigh heavy amid a worsening inflationary spiral and an uncertain external environment.

Over the past 24 months, India has pivoted away from its otherwise insular trade stance, with pacts signed with UAE and Australia, and negotiations initiated with EU and UK. A reboot in efforts to leverage the digital infrastructure founded on the innovative UPI platform is underway, as well as further fostering of a start-up scene that has thrown up over 100 unicorns.

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The big work in progress is the Centre’s attempt at replacing 29 sets of labour laws by four broad labour codes, but implementation is behind schedule. The insolvency resolution process under IBC is seeing delays. The GST structure remains an issue; much of the buoyancy in collections is on account of compliance efforts. A manufacturing-led push relies primarily on production linked incentives, but beyond telecom hardware, the output is underwhelming. The 5G telecom push likely later this year could be key to the next wave of digitisation. Commercial mining in coal has been cleared, but output is constrained.

The absence of a data protection framework is a hurdle in leveraging the numerous digital projects underway. Private investment continues to underperform, and attempts at forced formalisation have hit MSMEs. Land and agri reforms remain pending. The consumption story, despite the post-Covid recovery, continues to totter. Cleavages in spending by the rich and poor could be worsened by prolonged high inflation. Air India and LIC have given disinvestment a boost, but the big-ticket privatisation of BPCL has fallen through.

EDUCATION: National Policy, new entrance

After a sluggish first two years in the government’s second term, much been happening on the education front in recent months.

After the announcement of the new National Education Policy in July 2020, its implementation got off to a sluggish start, mainly due to the pandemic. Now, there’s a common entrance test for admission to central universities. Students can study a four-year multidisciplinary undergraduate programme with multiple exit options, or even two degree programmes simultaneously. The UGC now permits students to pursue up to 40% of a programme online. But some announcements have been more cosmetic: for example, the midday meal scheme has been repackaged and renamed PM POSHAN without any additional allocation.

A committee has been set up for drafting the National Curriculum Framework with guidelines for changes in the school curriculum. The NCF is expected to be ready by next year. For a single regulator for higher education, a Bill to set up the Higher Education Commission of India is almost ready.

Appointment of teachers remains tardy; the National Research Foundation announced in 2019 hasn’t been set up yet; and public spending on education is nowhere near the 6% of GDP promised in 2014 and has in fact been decreasing. Apart from IIMs, none of the other centrally-run institutions have been granted total autonomy; and not even 20 of the 50 Institutions of Eminence promised by the BJP have been set up.

SOCIAL SECTOR: Rise of the Labharthi

Leveraging the Jan Dhan-Aadhaar-Mobile (JAM) platform to expand coverage of the flagship PM-Kisan scheme from 1 crore beneficiaries in February 2019 to over 10 crore in January 2022, new initiatives like PM-GKAY to provide free foodgrain to nearly 80 crore people, and retreating with a bloody nose from the battle to reform the agriculture sector — these have been the social sector headlines of Modi 2.0 so far.

10 instalments of PM-Kisan have been released so far — Rs 1.80 lakh crore has been transferred directly into farmers’ accounts. The 11th installment is due for release on May 31. PM-Ujjwala beneficiaries have gone from 8 crore in September 2019 to 9 crore in April 2022. Pradhan Mantri Garib Kalyan Anna Yojana, launched in response to the pandemic in February 2020 to provide 5 kg free foodgrains to 81.35 crore people every month, has been extended till September 2022. The Centre has also been able to roll out the One Nation, One Ration Card (ONORC) project to enable NFSA beneficiaries to avail of their entitlement anywhere in India.

The flagship Jal Jeevan Mission, launched in the government’s second term, aims to provide tap water connections to all rural households by 2024. The Jal Shakti Ministry said on Saturday that 50% rural households had already been covered. If implemented fully and successfully, Jal Jeevan will be a scheme of gamechanging impact.

The withdrawal, in November 2021, and eventual repeal by Parliament of the three farm laws announced in June 2020 are both a setback and an unfinished agenda point for the government. Experts have argued that reform is critical to the advancement of Indian agriculture.

DIPLOMACY & STRATEGY: Tightrope and partnerships

New Delhi’s diplomatic outreach succeeded in blunting international criticism of the constitutional changes in Jammu and Kashmir early on, and significant strategic achievements have followed. But the neighbourhood remains in turmoil, and China presents a huge challenge.

With an experienced diplomat at the helm, Modi 2.0 began by explaining to the world its decision to abrogate Art 370 that revoked the special status for Jammu and Kashmir. The transition from the Trump administration to the one led by President Joe Biden was smooth, and the strengthening of the Quad was a significant achievement. The framing of an Indo-Pacific strategy by European partners including France, Germany, UK, and EU is a positive for India’s interests, as China is seen as a violator of the global rules-based order. India’s Covid diplomacy largely worked, albeit with some challenges of supply.

The amendment to the citizenship law set the cat among the pigeons, and New Delhi had to reach out to Dhaka to assuage concerns. The strategic establishment has been occupied with diplomacy with Beijing, as the two-year border stand-off poses the most serious threat of recent times. The war in Ukraine has made it difficult for New Delhi to continue deep engagement with defence partner Russia. The balancing act has been successful so far, but remains a delicate work in progress, as do engagements with China and the neighbourhood.

Taliban-ruled Afghanistan presents a huge strategic challenge. New governments are in power in Myanmar, Nepal, Pakistan, and Sri Lanka, and the latter two nations are in economic and political crises. New Delhi has to navigate its ties with its neighbours and help maintain a peaceful and stable South Asia. Its leadership in the subcontinent will be tested in the near future.

POLITICS: BJP growing, concerns remain

In its second term, the BJP has made strides towards achieving its ideological agenda and consolidated its position as the major pole of national politics. But it remains challenged by regional parties, a struggling economy, and a communally charged atmosphere.

In the last years, the BJP has made itself and its ideology the major pole of Indian politics. With the key missions in its ideological agenda – the construction of Ram Temple in Ayodhya and abrogation of Article 370 — already achieved, the ban on triple talaq is being seen as progress halfway towards a Uniform Civil Code. The party is slowly and cautiously embarking on a new mission on Kashi and Mathura temples, but it is a legislative agenda.

Although the BJP has become a dominant political force at the national level, regional parties still call the shots in a number of southern and eastern states. The party is working on a blueprint to alter the “political and ideological character” of these states.

There has been very little progress in restoring the electoral process in Jammu and Kashmir, and the reopening of the Kashi and Mathura disputes has put paid to hopes of impending closure in these cases following the resolution of the Ram Janmabhoomi matter in favour of the Hindu side. The ‘bulldozer politics’ in several states has enhanced insecurities among the minorities and opened the government up to allegations of partisan behaviour. Satisfactorily addressing all of these dissonances remains a task before the government and party in line with the Prime Minister’s promise of “sabka vishwas”. Unemployment too remains a concern.

HEALTH: Vaccines for all, but work to do

Most of government’s time and resources in the last two years have been consumed in responding to the pandemic, which has in turn exposed India’s fragile healthcare infrastructure.

Just before the pandemic, the government had unveiled its plan to create an elaborate network of health and wellness centres (HWCs) for delivery of primary healthcare. About 1.5 lakh HWCs are proposed to be set up. An initiative to provide a unique health ID to every citizen and create a registry of healthcare professionals and health facilities has also been launched. In providing Covid-19 vaccines to everyone, India has done better than most other countries.

Most of the health initiatives, including the creation of HWCs and digital mission are works in progress. So are programmes like the Jan Arogya Yojana for insurance to the poor. Barely 5% of India’s population has health insurance right now, which makes the Jan Arogya Yojana a very important initiative.

The government still has a long way to go in providing universal and affordable access to healthcare facilities. The partnership of state governments is vital. Upgrading of infrastructure, reforms in medical education, expansion of nursing and para-medical education, and regulation of costs of healthcare are some of the big projects the government has to attend to.

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SECURITY & DEFENCE: LWE in decline, reforms pending

On the security front, the performance of the government has been a mixed bag in the last eight years..

According to Ministry of Home Affairs, Left Wing Extremism-related violence has declined by 77% between 2009 and 2021, and resultant deaths by 85% between 2010 and 2021. The geographical influence of Maoists has been reduced to just 41 districts from 96 in 2010. Gains have also been made in the Northeast

The creation of the post of the Chief of Defence Staff was a key reform, but work appears to have stalled. After CDS General Bipin Rawat was killed in a helicopter crash in December, the position is still vacant. Also, theaterisation in the armed forces isn’t working at the desired pace.

Terror emanating from Pakistan remains a cause for concern. Despite the government’s claims of normalcy in Jammu and Kashmir following abrogation of its special status on August 5, 2019, a rise in civilian killings has posed questions. Also, as many as 25 modules of Khalistan militancy were identified and neutralised by security forces in 2021, compared to 15 in 2020 and just seven in 2019.





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Eight years on | The Indian Express


THE Narendra Modi government completing eight years is a moment to pause and look back — and ahead. When it came to power in 2014, a large swathe of Indian voters saw in the slogan of “achche din”, and in the BJP’s energetic bid to wrest power at the Centre under the leadership of a man who had made himself a name, and controversy, as chief minister, a promise for a break from the status quo. In the first five years, from rethinking the language of welfare to recasting nationalism and reworking foreign policy, the Modi government made an impact that led to its re-election in 2019 with a decisive majority. Looking back, the eight years of Modi’s rule so far have been dominated by the last three. And in these, the government’s record has been two-toned — it has shown resolve, boldness, and a capacity for navigating complexity in some areas but it has been stiff and unmoving in others.

The signal that the second term would be more change-making than the first was sent by the abrogation of Article 370 in Kashmir in August 2019. Only months after that, came the enactment of a law that made religion a criterion for citizenship for those in the neighbourhood seeking refuge. The next year, the government inaugurated the construction of the Ram temple at Ayodhya. But if the Modi government took these large, contentious steps, it also faced steep challenges. While the over a year-long farmers’ agitation on Delhi’s doorstep could be traced back to the farm laws it enacted in September 2020, the public health emergency that began with the Covid outbreak earlier that year, and this year’s Ukraine war, are problems it has been forced to step up to. On balance, the Modi government has shown a mature head in crisis, coming back after a period of paralysis during Covid’s second devastating wave, to set in motion a strikingly successful vaccination programme. It resisted pressures to provide more direct support to a people lacking in safety nets, but ran a comprehensive free rations programme, ensuring efficient and mostly corruption-free delivery. Amid the continuing economic slump and joblessness, it has signalled a recommitment to its privatisation programme, with the sale of Air India and the LIC IPO. With China, after the face-off in Galwan, and 15 rounds of talks later, it shows firmness and resolve. With the US, it is strategically — and boldly — strengthening areas of convergence in the Indo-Pacific, even as, on Ukraine, it has negotiated a position keenly conscious of competing priorities. All this, under the leadership of a prime minister whose popularity is burnished more strongly than before.

And yet, the maturity and nuance that the Modi government shows in the areas outlined above seem to elude it when it comes to others — be it its heavy-footed handling of the agitation against the CAA-NRC, its attempt to forcibly join the dots between those protests and the communal violence later in northeast Delhi, its use of the IPC to tar dissent, its weaponisation of Central agencies to target political opponents. Its ringing silence amid the bid to reopen the faultline that now stretches from Ayodhya to Gyanvapi and its failures to restore the political process in Kashmir are part of the same problem. A government capable of thinking afresh seems trapped in stale resentments when it comes to the imperative that lies at the heart of democracy: Trust between communities and a respectful place for minorities. With the Opposition weaker than it was, and not many countervailing institutions, the Modi government will need to find it in itself to course correct. For, the challenges of inflation and recession, Ukraine war, China’s sabre-rattling, expectations of the young — these call for a governance that includes all, that does not let ghosts of history hijack spirits of the future, that heals old wounds without rubbing them in. Eight years on, that’s the hope.

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IE100: The most powerful Indians in 2022


The road to power passes through Lucknow. And Power List 2022 is paved with it. As dust settles on the fire-and-brimstone election of Uttar Pradesh, the poll of polls has changed the political landscape: Yogi Adityanath towers over the horizon, having entered the top five Sangh Parivar club. He ranks just after Mukesh Ambani.

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Yogi Adityanath’s surge, from No. 13 last year to No. 6, is anchored by the one spot that seems to get more entrenched each year at the top: Prime Minister Narendra Modi.

As the PM now for eight years, Modi remains disruptor-in-chief with a regularity that expands his presence and crimps his critics. Be it the vaccination programme after the brutal second wave or, most recently, the airlift of over 22,000 young Indians from Europe, the PM has come to stand as the veritable Prime Mover.

With a pole so dominant, any power list risks being a derivative of sorts. And yet some fortunes stand altered: a better-late-than never Akhilesh Yadav is now among the 50s, up 15-odd ranks; a blink-and-miss Mayawati tumbles almost out of the 100 list; Priyanka Gandhi Vadra gets a consolation rank of 75 for effort; and Rahul Gandhi hangs on, but just, in that neither here-nor there spot of 51.

But if status quo is the best the Gandhis can hope for, Arvind Kejriwal has ensured that it is not to be. With Punjab joining Delhi as a state under Aam Aadmi Party (AAP), he is the brightest star in the tired old Opposition corner, as his ranking of nine reflects.

Mamata Banerjee, who has stood her ground against the BJP through the toughest of challenges, rises from 22 to 11. Chief Justice N V Ramana is there, at 12, for the way he has begun to put his foot down, firmly yet gently. So all eyes are now on Justice D Y Chandrachud, his two-year term from November could shape the character of the apex court. That’s why he makes an entry in the top 20.

The hold of the new powers that be, cemented by the recent Assembly results, is clear in the lack of any other drastic changes at the top. Even two new entrants in the top-50 club are by virtue of the same power dynamic — Jay Shah at 47; Nita Ambani at 48.

If others have nudged their way in, it’s on account of their posts (Hardeep Singh Puri, Anurag Singh Thakur, Ashwini Vaishnaw, Mansukh Mandaviya), or what’s coming next (BJP state chief C R Paatil as Gujarat election looms).

With power concentrated in politics and business, the first person who is neither comes in only at 50 — Olympic gold medallist Neeraj Chopra. A close second is Bimal Patel, the architect shaping the grand projects of New India.

Reeling under Covid-19, Netflix and a government with an eye on everything from star deaths to star cruises, Bollywood has proved to be a purring cat in lion’s clothing. So, it’s no wonder that above Kangana Ranaut’s noise and Akshay Kumar’s ever-changing poise, stands Shah Rukh Khan’s stoic silence. SRK may no longer be King Khan, par naam toh suna hoga.

1. Narendra Modi, 71

Prime Minister of India (2021 Rank: 1)

Narendra Modi

Why

Exactly a year ago, the nation was battling the brutal second Covid-19 wave amid looming economic distress, vaccine management was a mess, the farm protests were deadlocked, the BJP had come a cropper in West Bengal — all this seems like history. With 183 crore Indians having received at least one vaccine dose, a Budget betting on a capex push, the BJP’s stunning return in four states, Prime Minister Narendra Modi has galvanised his party and government.

Power punch

Modi’s critics thought that Covid and the rollback on farm laws had dented his image but there was almost no political cost. Abstaining on the Russian invasion of Ukraine and yet reaching out to European nations to evacuate 22,000 Indians out of a war zone is seen as a formidable diplomatic success under his leadership.

What next

With the BJP riding on his appeal in every election, the Gujarat polls will be on his agenda in the short-term, but for the long term, he will chart the course for the party and the government ahead of 2024 — and its shot for a third term.

By the way

When he travels overseas, he makes it a point to take pictures with the hotel staff — from kitchen to housekeeping — and give those photographs as mementos.

2. Amit Shah, 57

Union Home Minister  (2021 Rank: 2)

Amit Shah

Why

Despite there being a new BJP chief in J P Nadda, Shah continues to exert considerable influence in the party. As the Union Home Minister, he remains the effective No. 2 in the government.

Power Punch

Although both PM Modi and UP CM Yogi Adityanath were the faces of the BJP’s campaign, Shah had to step in to energise the cadre as the party braced for a tough battle in western UP amid the farmer stir. Also, the size and character of Adityanath’s new council of ministers has Shah’s stamp.

What Next

Will Kashmir be granted statehood? When will elections be held there? From Centre-state relations in a polarised polity to articulating the government’s view on key social issues, Shah has his task cut out. With Gujarat elections next, he will be the man to watch out for.

By the way

Shah had a chance encounter with Baba Ramdev at the 1986 Kumbh, where the latter was distributing pamphlets on
yoga and Ayurveda

3. Mohan Bhagwat, 71

Chief, Rashtriya Swayamsevak Sangh (2021 Rank: 3)

Mohan Bhagwat

Why

Despite talk of the Modi-Shah combine overshadowing the RSS’s hold over the BJP organisation, the RSS continues to have the BJP’s back.

Power punch

Adityanath’s closed-door meeting with Mohan Bhagwat in Gorakhpur, days before he took oath as CM, sent a signal. Also, during the pandemic, Bhagwat made it a point to meet cadres regularly. Their work on the ground blunted some of the discontent in UP against the BJP government’s handling of the pandemic.

What next

In a recent meeting of the RSS’s Akhil Bhartiya Pratinidhi Sabha in Ahmedabad, Bhagwat reportedly said that when the BJP is in power, it creates anukoolta (compatibility) which causes shithilta (laxity) and cautioned cadres against any possible asavdhani (inattention). With more polls coming up, that’s a timely reminder.

By the way

In the years that he was posted in Bihar, he developed a taste for chura-dahi.

4. J P Nadda, 61

President, Bharatiya Janata Party (2021 Rank: 4)

J P Nadda

Why

Having lost the elections in West Bengal under his watch, Nadda’s BJP bounced back this year, delivering four out of five state election victories, including a spectacular one in the politically crucial Uttar Pradesh. This would have a significant impact on the party’s march towards 2024 Lok Sabha polls. Also, his initiatives during the pandemic helped the BJP tide over public anger against the government in states ruled by the party over their handling of the pandemic.

Power punch

At the BJP parliamentary party meeting held in the aftermath of the party’s win in four out of five states that went to polls, Nadda got a standing ovation. When party leaders attempted to garland the Prime Minister, he gestured for Nadda to be garlanded first.

What next

He will have to ensure that the success of March carries through to the face-off in Himachal Pradesh and Gujarat, both states where there’s evidence of anti-incumbency.

By the way

He has a story to tell about every place and building he visits, be it the Rashtrapati Bhavan or a government office. His aides are let in on his past interactions with people on the ground.

5. Mukesh Ambani, 64

Chairman & Managing Director, Reliance Industries Limited (2021 Rank: 5)

Mukesh Ambani

Why

The richest Indian with a net worth of over $96 billion (according to Forbes), Mukesh Ambani has concluded multiple deals across telecom, retail and energy segments over the last couple of years. He raised investments worth over Rs 1.5 lakh crore from investors, including Google and Facebook. The group has been expanding its retail business and has made investments of close to Rs 9,000 crore in over a dozen acquisitions and joint ventures in the current fiscal.

Power Punch

In one of the most dramatic finishes to a corporate war, Mukesh Ambani’s RIL terminated the property leases extended to Future Retail, effectively putting an end to Amazon’s campaign of blocking Reliance’s acquisition of Future.

What Next

Ambani is channelling efforts to convert RIL into a big renewable energy player. He has already announced investments of $75 billion in renewable infrastructure including generation plants and solar panels.

By the way

He loves watching leopards on his vacations in Maasai Mara in Kenya.

6. Yogi Adityanath, 49

Chief minister, Uttar Pradesh (2021 Rank: 13)

Yogi Adityanath

Why

If the BJP won the last UP election primarily in the name of Prime Minister Narendra Modi, “Yogi-Modi” was the mascot of the 2022 winning campaign. In an election fought on his governance in the last five years, especially law and order, Adityanath steered the BJP to a second consecutive term in UP. He became the first Chief Minister to return to power in the state after completing a five-year term, making the BJP the first party to retain power in UP since 1985.

Power punch

Despite criticism of his government’s handling of the pandemic and talk of popular discontent on issues of unemployment and price rise, Adityanath retained the trust of his party’s top leadership, and more significantly, of the people. In November, at the height of the campaign, Adityanath put out photos of Modi and him walking in deep conversation, the PM’s arm around his shoulders. It was a picture that spoke out loud.

What Next

His challenge will be to consolidate the BJP’s grip on UP and deliver ahead of the 2024 Lok Sabha elections.

By the way

He reads books on religious affairs, politics and health.

7. Gautam Adani, 59

Chairman, Adani Group (2021 Rank: 10)

Gautam Adani

Why

Gautam Adani goes from strength to strength, having built the third Indian business conglomerate worth over $100 billion in no time. Perceived to be close to power, the group is now an infrastructure major, with ports, airports, power, city gas distribution and renewable energy in its portfolio.

Power punch

Adani Green Energy Ltd (AGEL) is developing a renewable portfolio of 25 GW by 2025 which includes wind, solar and hybrid power projects. The Adani Group is the largest airport operator, winning rights to modernise and operate seven airports. It has the largest private power company and handles India’s largest commercial port.

What Next

Many of the Adani Group’s projects are aligned to government priorities with green technologies, and set to account for over 75 per cent of the group’s capex till FY2025. Adani Gas will invest Rs 20,000 crore in a city gas distribution infrastructure, a part joint venture with global oil and gas major Total. The group will spend $70 billion on renewable energy to expand its portfolio to 45GW by 2030 and aims to produce the world’s cheapest green hydrogen in India.

By the way

Adani reportedly owns BMW 7 Series Limousine, a Rolls-Royce Ghost and a Ferrari California.

8. Ajit Doval, 77

National Security Advisor (2021 Rank: 7)

Ajit Doval

Why

Known to enjoy Prime Minister Modi’s trust, Doval continues to be the most powerful official in the Government. His long-standing experience in managing national security has come in handy as the Government has had to deal with challenges at home and overseas. Not only has he been key to policymaking on China and Pakistan, he has influence on matters related to policing in the country and Kashmir. He will also be a key influencer on the decision to appoint the next Chief of Defence Staff, as the integration of defence services is a priority for the government.

Power punch

In recent weeks, he has been one of the key decision-makers on the Russia-Ukraine crisis — from evacuation of stranded Indians to assessment of the conflict and India’s diplomatic balancing act.

What next

In the backdrop of the Russian invasion of Ukraine and Moscow’s growing proximity to Beijing, the NSA’s job will be complex in terms of consolidating India’s interests. Also, the situation in Kashmir can pose challenges in the coming months.

By the way

He is closely connected with his native village in Uttarakhand’s Pauri, and visits there often.

9. Arvind Kejriwal, 53

Chief Minister, Delhi (2021 Rank: 27)

Arvind Kejriwal

Why

With his party’s victory in the recent Punjab Assembly Election, the Aam Aadmi Party (AAP) chief has emerged as a strong voice of opposition against the Bharatiya Janata Party (BJP). AAP also managed to win two Assembly seats in Goa, its first win outside of Delhi and Punjab. The scale of the win in Punjab — AAP won 92 seats out of 117 — was a shot in the arm for the party in an electorally crucial year, where it wants to extend its footprint in two new states.

Power punch

Taking the fight to the BJP, Kejriwal has managed to maintain a delicate balance between going all out against Prime Minister Narendra Modi and keeping the focus on “kaam ki rajneeti” — his policies on education, health, water and power and, now, jobs as well.

What Next

AAP will contest Assembly polls in Gujarat and Himachal Pradesh later this year. He was banking on a win in the Delhi municipal polls but the Centre’s decision to unify the three corporations seems to have delayed those polls for now.

By the way

At the end of a long workday, Kejriwal likes to unwind in a full body massage chair.

10. Nirmala Sitharaman, 62

Minister of Finance, Corporate Affairs (2021 Rank: 9)

Nirmala Sitharaman

Why

Steering the world’s sixth-largest and fastest-growing economy, Nirmala Sitharaman is sitting in the government’s engine room of reforms. The government’s privatisation policy has been welcomed despite the slow speed of implementation. A record push towards capital expenditure next year is seen as stoking private investment and creating enablers for a sustainable high growth.

Power punch

A key member of the Prime Minister’s core team, she’s been at the forefront of major initiatives, including the Atmanirbhar Bharat stimulus packages. Under her watch, the government could push through the much-awaited privatisation of Air India. Setting up of a bad bank and a record increase of 35.4 per cent in capex for next year — the highest rise in any budget — emboldened hopes of an investment-led demand revival.

What Next

Successful implementation of the record Capex programme outlined in the Budget and pushing forward on the privatisation agenda will be keenly watched.

By the way

She is fond of trekking, travelling and music.

11. Mamata Banerjee, 67

Chief Minister, West Bengal (2021 Rank: 22)

Mamata Banerjee

Why

She single-handedly took on the BJP in Bengal to return as the state’s Chief Minister for the third time with a thumping majority. With the Congress shrinking, Mamata realises that the Opposition space is up for grabs. She has been pressing ahead with expanding her party nationally and made a bold attempt to make her party’s presence felt in Goa, though the Trinamool Congress failed to open an account in the just concluded polls.

Power punch

Despite the BJP pulling out all stops and launching a high-voltage campaign in Bengal, she led the Trinamool Congress to one of its biggest political victories in the past three decades. The win was so decisive that the BJP is yet to recover from the blow, losing a string of leaders and elections (civic and rural polls) since then.

What Next

With 42 seats at stake in West Bengal, will Banerjee be the rallying point for the Opposition ahead of the 2024 elections? How she handles the fallout of the political violence in her state will also shape her influence.

By the way

Banerjee is fond of watching Bengali teleserials (repeat telecast) late night after a long day.

12. N V Ramana, 64

Chief Justice of India (2021 Rank: 21)

N V Ramana

Why

As the 48th Chief Justice of India, NV Ramana pushed for increased women’s participation in the judiciary. In a break from his predecessors, he has not shied away from questioning the Executive, be it in key cases or in the appointment of presiding officers to tribunals.

Power punch

A bench headed by him turned down the Government’s request to set up its own committee to probe allegations of surveillance using Pegasus spyware and instead set up its own panel. In the Lakhimpur Kheri violence case, too, a bench presided by him asked the UP government to ensure an impartial probe. His tenure has seen the highest number of women judges in the Supreme Court, with the Collegium clearing three names in one go. Without being confrontationist, he has been able to underline the independence of the apex court.

What Next

The Chief Justice of India wants indigenisation of the country’s legal system and a National Judicial Infrastructure Corporation to improve the conditions of courts.

By the way

Loves farming, is a connoisseur of literature, particularly Telugu.

13. Rajnath Singh, 70

Minister of Defence (2021 Rank: 6)

Rajnath Singh

Why

He is one of the seniormost Cabinet ministers in the government, who is considered more approachable by members from across the aisle in Parliament. His is an important voice in the Cabinet; not many have the heft that he commands. Compared to the aggressive posture taken by most on the treasury benches against the Opposition, Singh maintains the cordial demeanour of veteran politicians. Though he never crosses the party line, every time he speaks, he gives insight into the government’s thinking.

Power punch

His push towards increasing the country’s defence manufacturing capacity and encouraging the armed forces towards self-reliance is absolutely essential for PM Modi’s Atmanirbhar Bharat campaign.

What Next

The ongoing crisis in Ukraine will have a long-term impact on the spares, maintenance and some high-ticket weapons that India relies on Russia for. Indian forces need to modernise to deter China from any misadventures. Politically, his role in the upcoming President and Vice-President elections is being keenly watched.

By the way

As a student leader, he used to move around on a Rajdoot bike.

14. B L Santhosh, 56

National General Secretary (Organisation), BJP (2021 Rank: 16)

B L Santosh

Why

Ever since he became BJP National General Secretary (Organisation) in July 2019, his stock in the party has only been rising. Counted among the top leaders, he played a key role in the change of guard in Gujarat and Karnataka and was a permanent presence in all discussions held by the PM for assessing the performance of ministers before the reshuffle last July. He has been integral to all party strategy for state elections. Although accused of meddling too much with BJP politics in the southern states, Santhosh still managed to hold his control over party functioning in Karnataka, Kerala and Goa. After the Goa elections, he managed to get Pramod Sawant, considered to be his pick for the top post, to continue despite internal differences.

Power punch

Not only did he manage to replace BS Yediyurappa, his arch rival in the party, with Basavaraj Bommai as Karnataka chief minister, his imprint was visible in the Cabinet reshuffle.

What Next

While some say that he could head to the RSS top position, for now, the organisation and upcoming elections would be his focus.

By the way

He has been a voracious reader from his engineering days.

15. Subrahmanyam Jaishankar, 67

Minister of External Affairs (2021 Rank: 12)

S Jaishankar

Why

In this pandemic year and amid a fast-shifting geopolitical scenario, Jaishankar has led the External Affairs Ministry with a steady and firm hand through a series of challenges: changes in Washington, DC; border standoff with China; vaccine diplomacy; the Russian war against Ukraine, or the evacuation of Indians from the war zone. Balancing the imperatives of power and national interest, Jaishankar’s diplomacy comes with significant political heft. Challenges remain in each of his key foreign policy areas and the consummate diplomat in him will be tested in uncharted waters.

Power punch

Every Quad country leader — be it the US, Australia or Japan — has praised him to the Prime Minister, whenever they have met or spoken.

What Next

He has a challenging task in unlocking the India-China relationship before the 14th BRICS summit is held in China later this year. The flux in geo-politics posed by the Russia-Ukraine war and the Russia-China axis is going to test the international order and make Team Jaishankar work overtime.

By the way

He is a fitness enthusiast, and likes to play squash.

16. Uddhav Thackeray, 61

Chief Minister, Maharashtra (2021 Rank: 14)

Uddhav Thackeray

Why

Bearer of Shiv Sena founder Bal Thackeray’s legacy, Uddhav Thackeray has finally managed to break away from his father’s imposing shadow. He completed two years as Chief Minister while keeping the triumvirate alliance of the Shiv Sena, Congress and the NCP together despite their diverse ideologies.

Power punch

Heading a state with the highest Covid-19 tally, Thackeray, who had little administrative experience, has drawn praise for his handling of the pandemic and his regular, forthright communication with the state. Fending off a sustained BJP campaign, he refused to be cowed down by the mess over the Mukesh Ambani house bomb scare-Sachin Waze-Param Bir Singh episode. Of all the three Maharashtra Vikas Aghadi (MVA) allies, Thackeray’s Shiv Sena has been the most aggressive against the BJP. His hostility against the BJP stems from the personal targeting of the Thackeray clan.

What Next

He is working to retain the BMC, the richest municipal corporation in the country, which goes to polls this year.

By the way

He still vets a dummy of the next day’s edition of Saamna.

17. Sharad Pawar, 81

President, Nationalist Congress Party (2021 Rank: 18)

Sharad Pawar

Why

Sharad Pawar has been the pivot around which the Maharashtra Vikas Aghadi alliance (MVA) in Maharashtra revolves. He is the only Opposition leader with the ability to act and be the bridge between different anti-BJP parties.

Power punch

Pawar is the tallest man standing against the BJP in the state. Has the ability to tap into ties built over years to put up a challenge for the BJP. Pawar is seen as the driving force behind the MVA government, with Uddhav Thackeray holding deliberations with the Nationalist Congress Party (NCP) chief to strategise on the MVA’s future course of action.

What Next

In the winter of his career, Pawar’s stratagem will be important to ensure that MVA completes five years in office. With two NCP leaders Anil Deshmukh and Nawab Malik behind bars and several others facing charges of corruption, Pawar will have an uphill task of strategising and restoring the credibility of his party and the MVA government ahead of the municipal elections across the state over the next few months.

By the way

Pawar worked as a cub reporter for a small period of time in a publication, which was later bought over by his family.

18. Dharmendra Pradhan, 52

Minister of Education, Skill Development & Entrepreneurship (2021 Rank: 95)

Dharmendra Pradhan

Why

After handling the Petroleum and Natural Gas ministry for seven years, Pradhan was given charge of education during the last Cabinet reshuffle in July 2021. He was in-charge of the BJP’s assembly poll campaign in Uttar Pradesh, in which the party returned to power in March.

Power punch

After the successful implementation of Ujjwala scheme that had a distinct electoral appeal in the poll battles that the BJP had in the recent years under him, Pradhan has been given the Education Ministry, which faced tough challenges during the pandemic. Politically, the BJP leadership’s decision to send Pradhan as in charge of crucial Uttar Pradesh had surprised many. .

What Next

Pradhan now has the task of overseeing the rollout of the National Education Policy 2020. In the party, especially after the spectacular return of the BJP in Uttar Pradesh — which is expected to have a deep impact on the next Lok Sabha election — Pradhan is now seen as the frontrunner to succeed JP Nadda as the party president.

By the way

He doesn’t follow a strict diet but keeps off chocolate.

19. D Y Chandrachud, 62

Judge, Supreme Court of India (New)

D Y Chandrachud

Why

In line to be Chief Justice of India (CJI) in November this year, Justice DY Chandrachud is a key figure in India’s judicial landscape. His verdicts, including those on powerful dissents, expansion of fundamental rights and freedoms, have been keenly watched. His tenure as CJI will be the longest since September 2012 when Justice SH Kapadia demitted office after nearly 28 months.

Power punch

A crucial intervention by Justice Chandrachud’s bench resulted in a rollback of the government’s policy on vaccine pricing. With the Covid-19 pandemic hampering physical work of courts, he, as head of the Supreme Court’s e-Committee, led an aggressive technological push to facilitate adjudication through IT-enabled services.

What Next

As CJI with a long term and known for speaking his mind, his tenure will be closely watched for institutional reforms and how successful he is in securing the independence of the court.

By the way

He’s a Bob Dylan and Chris Martin fan, and used to be an occasional DJ during his St. Stephen’s days.

20. Bhupender Yadav, 52

Minister of Environment, Forests & Climate Change, Labour (New)

Bhupender Yadav

Why

Known for his organisational skills in the BJP, Yadav has rapidly built political capital as a Union minister. He has left his stamp as a proactive implementer of the government’s targets, be it banning single-use plastic or as Labour Minister, creating the e-shram portal, a centralised database of unorganised workers seeded with Aadhaar. Yadav is known for putting in long hours at work, reaching office at 9 am and not leaving before 8 pm.

Power punch

Yadav argued for India and other developing nations at COP26, insisting that developed countries must transfer climate finance to the developing world. His phrasing, ‘phasing-down’ of coal instead of the developed nations’ demand for ‘phasing out’ has been a key tool in the global fight against climate emergency.

What Next

He wants to increase India’s forest cover, aligning afforestation efforts with wildlife conservation, thereby ensuring India’s compliance with the Paris Agreement. He wants to rejuvenate major Indian rivers and control air pollution in cities.

By the way

He hums Kishore Kumar songs to de-stress himself.

21. Shaktikanta Das, 65

Governor, Reserve Bank of India (2021 Rank: 29)

Shaktikanta Das

Why

Shaktikanta Das has been leading India’s central bank in effectively tackling the challenges posed by the Covid pandemic, the economic slowdown and the ongoing Russia-Ukraine conflict — the RBI injected ample liquidity into the system and pushed for higher growth in the economy.

Power punch

After announcing several measures to maintain stability on the financial front, the RBI, led by Das, has stayed the course on the accommodative stance to boost growth. It has retained policy rates, unchanged for 10 times in a row, ignoring the tightening of monetary policies by global central banks.

What Next

Das will have to tackle retail inflation, which is above the upper tolerance band of six per cent, and continue the thrust on the growth. He will have to exit from the accommodative policy without disturbing the financial system while retaining enough liquidity. He will have to maintain stability in the financial sector and rein in bad loans in the system.

By the way

He likes to watch old Hindi movies and listen to old songs. He prefers home-cooked food.

22. N Chandrasekaran, 58

Chairman, Tata Sons (New)

N Chandrasekaran

Why

Chandrasekaran has been busy transforming traditional businesses and taking fresh strides, too. When he took over in 2017, Tata Motors and Tata Steel were the biggest challenges for him. Today, Tata Steel generates profits and has significantly pared down its debt. Tata Motors has emerged as a key player and is currently way ahead of competition on electric vehicle (EV) sales.

Power punch

In February, Chandrasekaran was reappointed as the executive chairman of Tata Sons for another five years. He sealed the deal with the government to get Air India back into the Tata Group fold, and has been recently appointed the Chairman of Air India.

What Next

Chandrasekaran has set his eyes on new economy businesses. It includes Tata Digital — developing the super app TataNeu, and Tata Electronics for semi-conductor manufacturing. Another focus area is medical and diagnostics business.

By the way

A fitness enthusiast and passionate about photography, he has a formidable memory and is known to remember people by their names.

23. M K Stalin, 69

President, DMK & Chief Minister, Tamil Nadu (2021 Rank: 28)

M K Stalin

Why

After his party’s resounding victories in the 2019 Lok Sabha and last year’s Assembly polls, Stalin has emerged as the most popular leader of Tamil Nadu. A man of patience who never revolted against his father for power, he has now come into his own.

Power punch

Stalin managed to take his party to power after 10 years in the Opposition. Not only did he ensure two consecutive victories in general elections, he also managed impressive wins in the rural and urban local body polls.

What Next

He has retained the strong DMK alliance consisting of Congress, Left, Dalit, and minority parties for the 2024 Lok Sabha polls. If retaining power in the state is the key aim of DMK, keeping his party men under control and remaining clean of corruption charges would be crucial for Stalin for his next Assembly poll battle.

By the way

His photos on the East Coast Road of Chennai with a group of cyclists went viral. A rationalist, Stalin is increasingly comfortable with photo-ops at places of worship and with members of his family, son Udhayanidhi Stalin and powerful son-in-law Sabareesan.

24. Pinarayi Vijayan, 76

Chief Minister, Kerala (2021 Rank: 24)

Pinarayi Vijayan

Why

Pinarayi Vijayan heads the only Communist government in India since 2016. In the 2021 assembly elections, he weathered a slew of political storms, retained power as the captain of Kerala in its hour of crisis and calamities. He became the only chief minister in the history of Kerala to get a second consecutive term in office.

Power punch

Unquestioned in the party and in the government, Vijayan has emerged as the final word on the CPI (M) at the national level.

What next

The task for Vijayan is both political and administrative. On the political front, the future of the Left in Kerala largely depends upon him and the performance of his government. As an administrator, Vijayan has an uphill task to chart a new trajectory for Kerala’s development. He has to clear the way for several mega projects, which are facing stiff opposition. As protests over the proposed semi-high speed rail corridor continue in Kerala, he has reiterated that his government is committed to making “Nava Kerala” a reality.

By the way

He loves to read Malayalam fiction. A family man, his stress buster is spending time with his grandchild, whom he fondly calls Ghegu.

25. Mansukh Mandaviya, 49

Minister of Health and Family Welfare (New)

Mansukh Mandaviya

Why

The handling of the Covid-19 pandemic came under immense criticism during the ferocious second wave. Then came the massive Cabinet reshuffle. The Prime Minister’s surprise pick during the crisis time was the junior minister for Chemical and Fertilisers, Mansukh Mandaviya.

Power Punch

He is known to be a tough taskmaster. Even before he took charge of the Health Ministry, he met the top vaccine manufacturers for a roadmap to augment vaccine capacity in the country. He discussed the bottlenecks and based on these backdoor consultations, within months, India’s vaccine production capacity was increased exponentially.

What Next

As India enters the third year in its fight against the global pandemic, his team has been entrusted to strengthen health systems at the primary, secondary and tertiary levels. He will work closely with various states on implementing the ambitious Pradhan Mantri – Ayushman Bharat Health Infrastructure Mission with an outlay of over Rs 64,000 crore.

By the way

A qualified veterinary doctor, he received his doctorate in political science this year.

26. Nitin Gadkari, 64

Minister of Road Transport and Highways (2021 Rank: 8)

Nitin Gadkari

Why

One of the most popular and best-performing ministers of the Modi Government, he enjoys personal goodwill on both sides of the political aisle. He publicly attacks bureaucratic inertia and corruption while being candid about shortcomings in his own Ministry. He is also the longest serving Road Transport and Highways Minister, retaining the portfolio since 2014. Being close to the RSS, Gadkari continues to be a significant power centre.

Power punch

Gadkari’s ministry continues to enjoy pride of place in the Government’s scheme of things. The Union Budget set a target of 25,000 km of highways for the next year, despite tepid progress in highway construction in 2021-22 with a lavish allocation. Gadkari’s ministry is also a key component of the PM Gati Shakti masterplan on infrastructure.

What Next

With the Government setting steep targets on construction of roads, Gadkari has to deliver key projects by 2024.

By the way

A foodie, he picked up cooking by watching YouTube videos.

27. Sonia Gandhi, 75

Congress President (2021 Rank: 34)

Sonia Gandhi

Why

The power of the Nehru-Gandhi dynasty is showing diminishing returns, primarily because of the repudiation of the Congress by voters in successive elections since 2014. But Sonia Gandhi still remains the supreme and unchallenged leader of the Congress, the only party besides the BJP with a pan-Indian, although shrinking, footprint.

Power punch

That the reticent Gandhi still commands loyalty of the Congress leadership and rank and file became clear when her suggestion that the family was ready to step aside was turned down unanimously at the Congress Working Committee (CWC) high table following the party’s rout in March elections.

What Next

Whether Sonia Gandhi will retire or remain the glue that holds the Congress together will depend on how the party navigates the leadership quagmire later this year. That could very well define her legacy.

By the way

She did a course in art restoration with Rupika Chawla, art restorer and author, at Delhi’s National Museum.

28. Uday Kotak, 63

MD & CEO, Kotak Mahindra Bank (2021 Rank: 44)

Uday Kotak

Why

Uday Kotak is the third-richest banker in the world with a net worth of $16 billion, according to the Hurun Rich List 2022. He headed a panel that drafted corporate governance norms for Indian industry and heads the team that is salvaging IL&FS, which imploded in a Rs 1 lakh-crore scam.

Power punch

Kotak borrowed money from friends and family (and Anand Mahindra too!) to start a bill-discounting business in the 1980s. That entity is now a large financial conglomerate spanning asset management, life insurance and investment banking with a presence in several countries. It manages/advises assets worth nearly Rs 3.9 lakh crore. At Kotak Mahindra Bank, the attrition ratio of women is much lower than men. Women constitute 26 per cent of the work force
currently.

What Next

Banking in India is undergoing a lot of change. Kotak himself said that banks need to wake up and protect their turf from consumer fintech companies. The resolution of IL&FS is another thing that will occupy his attention.

By the way

He enjoys cricket and playing the sitar.

29. Piyush Goyal, 57

Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, Textiles and Leader of RS (2021 Rank: 17)

Piyush Goyal

Why

Goyal is heading India’s push to seal Free Trade Agreements (FTAs) with key trading partners. Having led modernisation efforts as Railways Minister and a drive for rural electrification as Power Minister, he is considered the ‘big push’ man who is foregrounding the Government’s efforts to improve access to key foreign markets. Known to have a strong working relationship with Amit Shah, Goyal’s work will be key to the economic revival post-pandemic.

Power punch

Goyal is a key proponent of stronger regulation for e-commerce giants Amazon and Walmart. He says they are using their financial muscle to become dominant and going against the spirit of FDI rules. He is advocating the Production Linked Incentive (PLI) scheme to make India a global manufacturing hub. Encouraging mobile majors to push “Make In India” with over $5 billion exports in sight.

What Next

Goyal is all set to conclude a series of high profile FTA negotiations, including those with Australia, the UK, Canada and the European Union.

By the way

Goyal loves memes, coining the term pakka badam for unicorns and start-ups, referencing the popular song kacha badam.

30. MM Naravane, 61

Chief of Army Staff

M M Naravane

Why

He not only heads one of the largest armies in the world, but MM Naravane is the senior-most serving soldier in the country at the moment. Under him, the Army’s manoeuvres on Kailash Ranges in Chushul sub-sector in eastern Ladakh had put pressure on China to agree on a pullback from some of the most tense friction points.

Power punch

Under his leadership, as the Army has shifted its main focus from Pakistan to China, there has been a massive push to build infrastructure along the entire 3,488-km border. The Army is scaling up its intelligence, reconnaissance and surveillance capabilities towards China, and his role has been key. He’s keeping the force on alert mode while pushing for new weaponry and modern equipment.

What Next

As chairman of the Chief of Staff Committee, Naravane is a natural choice for the second Chief of Defence Staff. But the Government is yet to announce its decision.

By the way

General Naravane is an avid topiarist. In his down time, he tends to his garden, manicuring and shaping his plants. He has a small collection of Bonsai.

31. Dattatreya Hosabale, 66

General Secretary, Rashtriya Swayamsevak Sangh (2021 Rank: 38)

Dattatreya Hosabale

Why

RSS (sarkaryawah) executive head Hosabale has influence on key policy issues in the BJP government, more than anyone in the Sangh Parivar. Headquartered in Lucknow, he has influence in the UP BJP and the Yogi Adityanath government, making his role crucial in the Lok Sabha polls of 2024 . Elected to the post last year, his tenure will end in 2024. There are all possibilities that he will continue in the post and be there at the most crucial time — the centenary year (2025) of the saffron organisation.

Power punch

He has close contacts with students and has friends in the bureaucracy. In the recent Assembly elections, RSS workers teamed up with BJP to bring voters to polling booths. Almost half of his pracharak life was with the ABVP, and BJP’s general secretary (organisation) BL Santhosh is also from Hosabale’s home state Karnataka.

What Next

With Article 370 and Ram Temple issues taken care of, RSS is expected to put its weight behind a law on population control. His role will be key. Programmes for RSS centenary celebrations are being chalked out.

By the way

He is well-versed in Kannada, Hindi, Sanskrit, English and Tamil.

32. Himanta Biswa Sarma, 53

Chief Minister, Assam (2021 Rank: 60)

Himanta Biswa Sarma

Why

The BJP’s most powerful chief minister in the Northeast, he is seen as the dean of the political circuit there. Known for his controversial remarks, he brings to the table a clout that transcends the party’s core vote base. He’s a leader who can deliver the goods and has the trust of the Modi-Shah duo to push their ideas of governance. He has a pulse of the region and has become the BJP’s troubleshooter, managing its post-CAA turbulence in Assam and the political crisis in Manipur.

Power punch

Despite the bloody and violent clashes in a border dispute between Assam and Mizoram’s forces, Sarma managed to keep his influence intact. He is now trying to resolve disputes at border points between Assam and Meghalaya.

What Next

Sarma will be key in the elections to three Northeastern states early next year — Tripura, Meghalaya and Nagaland. He is the go-to person for what the top party leadership wants, and it’s these skills that will be tapped into in the coming months.

By the way

His daily average of WhatsApp messages tally around 1,000; he makes it a point to reply to all.

33. Naveen Patnaik, 75

Chief Minister, Odisha (2021 Rank: 45)

Naveen Patnaik

Why

Not only is he the longest-serving chief minister, but with the recent rural polls, where the BJD made a record sweep, Naveen Patnaik is now the undisputed leader of the masses. In a sharply divided polity, he often marks the middle ground.

Power punch

A record 766 zilla parishad seats out of the total 853 in the Odisha rural elections haven’t come easy. Patnaik visited every district, in person or virtually, to distribute smart health cards besides announcing other district-specific developmental projects. The flagship Biju Swasthya Kalyan Yojana (BSKY) is a hit.The BJD also secured 52.73 per cent votes, the highest vote share it has had in any election in the state. Taking the metaphorical victory lap with the national hockey team after the Tokyo Olympics, Patnaik announced that Odisha will continue to sponsor the Indian hockey teams for another 10 years. It is the first time that a state government has done so.

What Next

The 2024 general and Assembly elections are to watch out for, especially after the BJD’s recent win at the
rural polls.

By the way

The health-conscious CM starts his day with a glass of papaya juice.

34. Ashok Gehlot, 70

Chief Minister, Rajasthan (2021 Rank: 31)

Ashok Gehlot

Why

As chief minister of one of the last remaining Congress-ruled states, Gehlot has soldiered on despite attempts by party rebels and the BJP to diminish his stature as the tallest leader in the state. He has managed to outwit his opponents on most occasions, often taking the middle ground when it comes to intra-party feuds.

Power punch

He presented a populist budget with a job-guarantee scheme for urban areas, free electricity for various slots of domestic users and the old pension scheme for government employees. This strategy helped him check the BJP’s aggressive campaign against his government.

What Next

All eyes are on the Assembly elections later next year. With Sachin Pilot waiting in the wings and Vasundhara Raje reconciling with the BJP’s central leadership, Gehlot faces a steep road ahead.

By the way

He has a habit of re-reading Mahatma Gandhi’s autobiography, The Story of My Experiments with Truth. Back in September 2019, he had appealed to the youth to read the book, saying, “I can assure you, this book will transform your behaviour, personality, actions and your outlook towards life.”

35. Bhupesh Baghel, 60

Chief Minister, Chhattisgarh (2021 Rank: 26)

Bhupesh Baghel

Why

One of the only two Congress chief ministers, Bhupesh Baghel has managed to establish a Chhattisgarh Model of governance with a special focus on rural industries. Baghel identifies himself as a son of farmer and has risen as an OBC leader.

Power punch

The Congress is increasingly relying on Baghel to bolster the party in other states. He managed elections in Assam and recently in Uttar Pradesh, where he initiated a door-to-door campaign to step up the party’s interface with the masses. Despite the party losing, he was appreciated publicly by Congress supremos. His schemes to embolden the rural population through Nyay schemes too have garnered appreciation.

What Next

The Baghel government completed three of its five years in December. With the countdown to their report card nearing, Baghel and his team will have to ensure conversion of the goodwill for the government into votes, while dealing with an Opposition government at the Centre.

By the way

Baghel is very fond of Chhattisgarhi dishes and usually prefers a simple home-made lunch.

36. Manish Sisodia, 50

Deputy Chief Minister, Delhi (New)

Manish Sisodia

Why

As Aam Aadmi Party’s electoral focus goes national, it is Deputy Chief Minister’s model and work on improving schools in Delhi that will form the basis of each manifesto. Kejriwal’s closest confidant since his activist days, Sisodia is also his biggest sounding board on matters of governance as well as politics. Kejriwal also looks to him for a broader vision on what a modern city should look like — be it revamping major markets in the city or getting sewer systems and water pipelines in unauthorised colonies.

Power punch

Sisodia holds the biggest portfolio in the AAP government in Delhi, with key departments such as education, finance, revenue, vigilance and the PWD. With the Delhi government’s focus shifting to infrastructure over the next year, Sisodia was brought in to ensure timely implementation of the ambitious road redesign project, which aims to make Delhi roads among the best in the world.

What Next

With elections due in Himachal Pradesh and Gujarat, Sisodia will be a key campaigner as well as strategist, while he holds fort in Delhi.

By the way

Sisodia is fond of sweets, specially from western Uttar Pradesh.

37. Tushar Mehta, 55

Solicitor General (2021 Rank: 58)

Tushar Mehta

Why

As the second seniormost law officer, Tushar Mehta is in charge of defending the government in court. From Covid-19 management to tough cases on national security, Mehta has been at the forefront of all legal battles and is a trusted resource of the Modi government. A relatively new entrant in Modi’s legal team, in 2014 as Additional Solicitor General, the current lot is of Mehta’s picks and he manages the crucial team for the government.

Power punch

During the Covid-19 pandemic, Mehta ensured that critical orders passed by High Courts were challenged and argued against before the Supreme Court. On the migrant crisis, Mehta’s aggressive stance in court that there was no migrant walking on the road, saved the day for the government. He was also the Centre’s troubleshooter in West Bengal for the post-poll political drama that played out in court.

What Next

The race for the Attorney General’s office is due again in June with KK Venugopal set to hang up his boots. Mehta is the front runner in the race.

By the way

He loves his fountain pens, especially those with double-broad nibs and even gets special inks made to match his pens.

38. K Chandrashekar Rao, 68

Chief Minister, Telangana (2021 Rank: 61)

K Chandrashekar Rao

Why

Powerful and popular even in his second term as chief minister, K Chandrashekar Rao (KCR) did not hesitate to lock horns when the state’s interests were at stake, and took on Prime Minister Narendra Modi over procurement of paddy and other issues; one of the few CMs to do so.

Power punch

The TRS party, which he founded, has morphed into a strong regional party, with the success of several welfare schemes, including Rythu Bandhu, for agriculture investment support. Currently, no other leader in Telangana can match his political weight.

What Next

The task is cut out for KCR to take on the rising presence of the BJP in the state. He is also considering an alliance with regional parties to take on the BJP at the national level. Also, to make his presence felt at the national level, KCR is calling for debates on paddy procurement, IAS service rules amendments and the Centre’s proposal on clean energy.

By the way

At his farmhouse, he likes to spend time farming. He’s been advocating alternative crops instead of paddy and has urged his party members, too, to grow different crops in their fields.

39. Y S Jagan Mohan Reddy, 49

Chief Minister, Andhra Pradesh (2021 Rank: 32)

Jagan Mohan Reddy

Why

He continues to be the most popular political leader and has led the state through Covid, making it possible for the poor to get free treatment at private hospitals, upgraded health infrastructure, set up oxygen plants at all government centres and gave subsidies to all private facilities to install their own oxygen plants. His government schemes, including direct cash transfers, have helped all sections of the masses.

Power punch

With 150 MLAs, he is one of the most powerful chief ministers, even as his party has captured all the seats in the urban and rural local bodies, decimating the major opposition in TDP chief, Chandrababu Naidu.

What Next

He is focussed on bringing reforms in the education sector, including introducing English as a medium of instruction in government schools. Although he is facing problems in implementing it, he is determined as he believes that English would provide an advantage to government school students.

By the way

Jagan has given up colourful dressing and has taken to cream or white shirts with matching trousers.

40. Shivraj Singh Chouhan, 63

Chief Minister, Madhya Pradesh (2021 Rank: 42)

Shivraj Singh Chouhan

Why

Chouhan is BJP’s longest-serving chief minister in office after having completed 15 years and 17 days in office. After the 2018 debacle, the BJP, under his leadership, has made a spectacular return to power, having increased its seat share from 109 seats it won in the 2018 Assembly election to 127 seats in the House of 230. Chouhan has struck a balance between the ideological expectation of the Sangh along with the needs of governance.

Power punch

Chouhan, who returned as CM for a fourth term with support from defected MLAs led by Jyotiraditya Scindia, has kept his flock together despite infighting. He has turned around the agrarian sector and launched novel schemes for women. A leader with mass appeal, he still works on the ground, an effort that has helped him win bypolls.

What Next

The Assembly elections of 2023 will prove to be a test of Chouhan’s popularity and decide his role in the BJP’s central leadership, even as a fifth term as CM looks unlikely.

By the way

An early riser, Chouhan always writes his own speeches in the morning for all political programmes scheduled for the day.

41. Gajendra Singh Shekhawat, 54

Minister of Jal Shakti (2021 Rank: 43)

Gajendra Singh Shekhawat

Why

Tasked with implementing the Centre’s ambitious programmes — Jal Jeevan Mission and Namami Gange — Shekhawat’s stature has witnessed a steady rise during the NDA’s second term. Even as several big leaders with key portfolios were dropped last year when Prime Minister Narendra Modi effected an overhaul of the Council of Ministers, Shekhawat was among the few who remained untouched.

Power punch

After working as party observer in the 2021 West Bengal Assembly election, Shekhawat went on to become the BJP’s in-charge for the recent Punjab polls. He also played a key role in bringing Madhya Pradesh and UP together for the Ken-Betwa Project, India’s first river-linking project.

What Next

He is responsible for ensuring tap water connections to all rural households by 2024. Making interlinking of rivers a reality would be another challenge. Of course, the Assembly election in his home state, Rajasthan, next year will make it clear if he remains in Lutyens’ Delhi or moves to Pink City.

By the way

He loves to buy fruits and vegetables for the family, and makes it a point to do it at least once every week.

42. Hardeep Singh Puri, 70

Minister of Housing & Urban Affairs, Petroleum & Natural Gas (New)

Hardeep Singh Puri

Why

Puri is overseeing the execution of the Modi government’s flagship schemes such as Pradhan Mantri Awas Yojana- Urban, Pradhan Mantri Ujjwala Yojana and the Swachh Bharat Abhiyan.

Power punch

The diplomat turned politician is also in charge of the ambitious Central Vista Redevelopment Project, which is aimed at reshaping India’s seat of power at the Raisina Hill. Within two years of joining Modi’s council of ministers, he was promoted to the Cabinet rank during the July 2021 Cabinet reshuffle. Last month, he was among the four Union ministers handpicked by the Prime Minister as his special envoys to Ukraine’s bordering nations to oversee the evacuation of stranded Indians, mostly students.

What Next

While reshaping the Central Vista, Puri is focussing on completing the ambitious New Parliament Building ahead of the Parliament’s Winter Session this year. He is also monitoring the construction of the Vice- President’s Enclave and Prime Minister’s new residence.

By the way

A fan of classic rock, Pink Floyd, The Rolling Stones and Led Zeppelin, he likes playing them on loop.

43. Manohar Lal, 67

Chief Minister, Haryana (2021 Rank: 48)

Manohar Lal Khattar

Why

He survived the farmers’ agitation in a state where it was the most intense and long-drawn. Besides, he managed to keep the coalition government with the Dushyant Chautala-led Jannayak Janta Party intact although the latter has farmers as its votebank. The second-time chief minister is single-minded about his politics, pivoting it on public welfare schemes like Antyodaya. He worked as a full-time RSS pracharak for 14 years before moving to BJP in 1994.

Power punch

He earned the trust of the BJP leadership despite facing unprecedented farmers’ protests in his own constituency and sailed through a trust vote moved by the Opposition in March last year, winning 55-32 seats. He dedicated the 2022-23 state budget to women, announcing Rs 5 lakh for achievers and increased women’s participation in Panchayati Raj Institutions to 50 per cent.

What Next

With the Assembly polls in 2024, Lal is focussing on people-friendly governance and reaching out to the poorest of the poor to counter anti-incumbency, a surging AAP and farmers’ ire.

By the way

He doesn’t like pdf files, rather prefers Excel sheets.

44. Smriti Irani, 45

Minister of Women and Child Development (2021 Rank: 64)

Smriti Irani

Why

Playing multiple roles comes easy to Smriti Irani. Having held back the Gandhis and holding her own in Amethi still, she has proved that she is as good a grassroots leader as she is an articulate spokesperson of the Modi regime. She has risen through the ranks in the BJP, defending the party and the government stridently at public fora.

Power punch

She has pushed the Prohibition of Child Marriage (Amendment) Bill 2021, raising the minimum age of marriage to 21, pitching it not only for gender-neutrality, but also uniformity across religious lines. She is the public face of the BJP’s women push.

What Next

Irani is expected to pilot the much-awaited and exhaustive anti-trafficking Bill in Parliament soon.

By the way

She is now an author with her debut novel, Laal Salaam. Despite her hectic schedule, Irani is constantly upgrading her skills. In February this year, the minister completed a business analytics course with the University of Cambridge. Last year, she completed an executive education programme from UC Berkeley.

45. Anurag Singh Thakur, 47

Minister of I&B, Sports and Youth Affairs (New)

Anurag Thakur

Why

Among the BJP’s most promising young leaders, Thakur was promoted in last year’s Cabinet shake-up. From being a MoS in the weighty Finance Ministry, Thakur was given Cabinet rank and two ministries — Information & Broadcasting, and Sports and Youth Affairs.

Power punch

He replaced party veteran Prakash Javadekar as I&B Minister. The ministry, which handles all issues related to the media, including online content, is important for the government. The ministry has regulation powers over news and non-news content across platforms and certain issues related to journalists.

What Next

In the last two years, the I&B Ministry has strengthened its powers to regulate content across platforms, so his role in the ministry is significant. With the BJP facing anti-incumbency in Himachal Pradesh under the current state leadership, Thakur could be the choice to lead the party in the forthcoming elections, especially after he successfully handled the party’s digital campaign in Uttar Pradesh in the just concluded election.

By the way

While he loves cricket, he also likes to play football and show off his dribbling skills.

46. Sanjay Kumar Mishra, 61

Director, Enforcement Directorate (2021 Rank: 40)

Sanjay Kumar Mishra

Why

An IRS officer with a long career in the Income Tax Department, Sanjay Mishra has transformed the Enforcement Directorate (ED) into the country’s most-dreaded Central agency. He has gone after the most high-profile politicians from the Opposition — from P Chidambaram and DK Shivakumar to TMC’s Abhishek Banerjee. Under him, the agency has also begun to recover bank loans from fugitives. Lately, it has restored assets to the tune of over Rs 15,000 crore to PSU banks from Vijay Mallya, Mehul Choksi and Nirav Modi.

Power punch

The government recently pushed through Parliament amendments to the CVC Act and the DSPE Act to give ED and CBI directors a possible tenure of five years. Many say it was done purely to give Mishra an extension.

What Next

The Prevention of Money Laundering Act, which grants ED most of its punitive powers, stands challenged by multiple petitioners in the Supreme Court with top lawyers representing them. The outcome of the case will determine how much teeth the ED retains.

By the way

Mishra was earlier an immunology researcher with the Central Drug Research Institute in Lucknow.

47. Jay Shah, 33

BCCI Secretary (2021 Rank: 59)

Jay Shah

Why

From the time Jay Shah took over as the BCCI secretary in 2019, Indian cricket’s power centre shifted to the world’s largest cricket stadium at Motera, Gujarat. The 33-year-old engineering graduate is India’s representative at ICC and is the youngest president of the Asian Cricket Council. He took the popular pandemic-time decisions of conducting the IPL and domestic cricket in addition to providing compensation to cricketers during lockdown. By touring South Africa, despite the worldwide negative perception about the country during the Omicron surge, BCCI, with Shah in the driving seat, won a friend for life.

Power punch

Being the Union Home Minister Amit Shah’s son, Jay has the advantage to be the BCCI’s go-to man on all issues that require the Government’s consultation.

What Next

Hosting the 2023 World Cup successfully in India should be high on the agenda. Also, it would be interesting to see his role in picking the next ICC chief in July.

By the way

His favourite food is quinoa salad. His favourite book is Arthashastra by Chanakya.

48. Nita Ambani, 58

Member, International Olympic Committee (New)

Nita Ambani

Why

Since making her first foray into Indian sport 14 years ago, when Reliance bought the Mumbai franchise of the IPL, she has been involved in Indian football, basketball, e-sports and Olympic disciplines. Her influence on Indian sport was reinforced earlier this year when she led India’s successful bid to host the International Olympic Committee Session in 2023, which will be hosted at the Reliance-owned Jio World Centre in Mumbai. Considered to be one of the biggest sports summits, the session will see key decisions being taken, including the host of future Olympics and the sporting programme for the 2028 Games. India hopes to showcase its ability to host international events.

Power punch

Leading India’s successful bid to host the 2023 IOC Session, the sporting equivalent of the Davos summit.

What Next

Foray into sports broadcasting through Viacom, which is backed by Reliance.

By the way

In her speech at the Sports Business Summit in 2019, Ambani said her son’s enthusiasm for the English Premier League raised her interest in football, especially in launching the Indian Super League.

49. Ashwini Vaishnaw, 51

Minister of Railways, Communications and Electronics, IT (New)

Ashwini Vaishnav

Why

From relative obscurity, Vaishnaw was catapulted to the hot seat, heading crucial ministries — Railways, Telecom and IT — in the reshuffle of 2021, giving the impression that he was handpicked by Prime Minister Narendra Modi himself. He has shown that he means business by expediting the production plan of Vande Bharat, working to resolve logjams over the merger of services and pacing up the Bullet Train project. As the Minister for Information & Technology, he has made the right noises on accountability of social media companies and data security. He keeps a diary where he notes down all his instructions and holds officials to account in subsequent meetings.

Power punch

He has cut short tenures of top Railway officers over the lack of performance. He faced Parliament, outlining the government’s stand on the Pegasus controversy.

What Next

He is working towards the financial turnaround of Railways in the next 12-18 months. Before 2024, he has to deliver on Vande Bharat and station development.

By the way

He was involved in the setting up of manufacturing units by Maruti and Honda in 2012. Also, he is a voracious reader.

50. Neeraj Chopra, 24

Olympic Gold medallist & Javelin Thrower (New)

Neeraj Chopra

Why

In Tokyo last year, he became only the second Indian sportsperson to win a gold medal at the 2021 Olympics, and the first track-and-field athlete to finish on the top of the podium. The feat propelled the javelin thrower to an unprecedented level of popularity. According to reports, he also became the second-most expensive athlete in India after Virat Kohli and was the most mentioned athlete globally on Instagram during the Olympics. Chopra is conscious of his stardom. He has oozed charm in public events but at the same time, not shied from making stern statements, as was evident when his words regarding a Pakistani javelin thrower were twisted out of context.

Power punch

Winning the gold medal at the Olympics.

What Next

This is again a packed year for the young athlete, with the World Championships, Commonwealth Games and Asian Games set to be held in quick succession.

By the way

He is a photography and automobile enthusiast. He keeps track of new car launches and has recently purchased a second-hand sports car because of a long waiting period to buy a brand new model.

51. Rahul Gandhi, 51

Former Congress President (2021 Rank: 39)

Rahul Gandhi

Why

Rahul Gandhi is the emperor of a kingdom which is in secular decline. But he is still the most consistent and vociferous anti-BJP voice in the Opposition space. Not a unifier like his mother, he nevertheless calls the shots in the Congress and is seen by most of his colleagues as the de facto president and future of the grand old party.

Power punch

Months before the Assembly election in Punjab, Gandhi could effect a change of guard both at the leadership and government levels without a split in the state unit. It is another matter that his calculations went awry.

What Next

This year will be a turning point in his political career. All eyes are on whether he would return to the helm of the Congress later this year. He hasn’t revealed his mind yet.

By the way

He plays online chess in his spare time.

52. Kiren Rijiju, 50

Minister of Law and Justice (New)

Kiren Rijiju

Why

Rising the ranks, Kiren Rijiju was elevated to the rank of Cabinet minister in 2021 and given charge of the Ministry of Law and Justice. Although he is a law graduate, Rijiju is relatively new to the politics of the judiciary. That he inherited the key portfolio shows the leadership’s faith in him. He is also considered the face of the BJP in the Northeast.

Power punch

He has been instrumental in clearing several recommendations of the collegium for appointment to High Courts in time.

What Next

Rijiju faces an uphill challenge of navigating the tussle between the judiciary and the executive that is still at odds over appointments.

By the way

He is fond of dogs and loves to spend time with his Shih Tzu pup.

53. C R Paatil, 67

President, Gujarat BJP and Lok Sabha MP from Navsari (New)

C R Paatil

Why

Considered Prime Minister Narendra Modi’s man, Paatil is currently at the centre of Gujarat politics. The first leader with non-Gujarati roots to be appointed to an important post, his is the final word on any political matter in the state — be it the appointment of office-bearers or the distribution of party tickets.

Power punch

On his watch, Gujarat witnessed an unprecedented change with the chief minister and sitting ministers being dropped, and a new government taking charge. This barely a year ahead of the general elections. He also helmed the party’s unprecedented victory in the local body polls, which saw the complete decimation of the Congress.

What Next

The forthcoming Gujarat Assembly polls will be his test, considering he is targetting all 182 seats.

By the way

When he was with the Gujarat Police, he fought for a police union.

54. Nitish Kumar, 71

Chief Minister, Bihar (2021 Rank: 80)

Nitish Kumar

Why

Given his image as a “development man”, Nitish Kumar emerged as the consensus choice for the state CM for a fourth tenure, despite JD(U) being No.3 party in the state, behind RJD and BJP. The BJP has not yet openly challenged his position.

Power punch

He remains the tallest leader of Bihar, the reason why BJP did not press for an alternative CM despite winning more seats than JD(U) in the 2020 Assembly elections. He has put his foot down on caste census, saying the state will hold one if the Centre doesn’t.

What Next

With BJP now the largest party in the Assembly and resurgent after the recent election wins, Kumar’s standing within the NDA has shrunk further. However, the man who once nursed prime ministerial ambitions has few options left, especially with the RJD reins passing on to Tejashwi Yadav.

By the way

He likes green gram ghughni when it is in season.

55. Tejashwi Yadav, 32

Leader of Opposition, Bihar Assembly (2021 Rank: 76)

Tejaswi Yadav

Why

Yadav is the most important politician in Bihar right now, after CM Nitish Kumar. With RJD chief Lalu Prasad out of politics since long owing to his conviction, and failing health, his youngest son is a promising leader, in control of his party.

Power punch

Having realised early on that the traditional Muslim-Yadav combination alone can’t get him power in the state, he’s working to make RJD more assimilative. His 2020 Assembly polls promise of 10 lakh jobs made him popular among the youth. In the Assembly, he has made a mark with strongly argued speeches.

What Next

Yadav is working towards broader Opposition unity, and most recently, got socialist veteran Sharad Yadav’s Loktantrik Janata Dal (LJD) to merge with RJD.

By the way

In December, Yadav married Rachel Iris, his friend from DPS RK Puram, Delhi.

56. Akhilesh Yadav, 48

Samajwadi Party President (2021 Rank: 70)

Akhilesh Yadav (File)

Why

With Mayawati’s BSP and the Congress retreating into the shadows in the recent Uttar Pradesh polls, making it a bipolar fight, Akhilesh Yadav has become the state’s strongest Opposition leader. Though they could not wrest power from the BJP, SP and its allies won 125 of 403 seats — up from the SP’s 47 seats in 2017.

Power Punch

The former CM led a spirited campaign against the BJP in the run-up to the election, taking on BJP bigwigs like CM Yogi Adityanath, Home Minister Amit Shah and PM Narendra Modi.

What Next

His focus will be on keeping up the party’s morale and ensuring that the ‘Nayi Sapa’ (new SP) does not get overwhelmed by successive defeats. Towards that end, he resigned as MP, choosing to continue as Karhal MLA.

By the way

He likes Hindustani poetry and peppers his conversations with it.

57. Bimal Patel, 60

President, CEPT University; MD, HCP Design, planning and management Pvt ltd (2021 Rank: 99)

Bimal Patel (File)

Why

His firm handles important public projects including the Central Vista in New Delhi, the Rs 1,200-crore Sabarmati Ashram Redevelopment Project in Ahmedabad and has completed the first phase of the Kashi Vishwanath Temple Corridor in Varanasi, in record time, in spite of Covid-19 restrictions.

Power Punch

Despite a strong opposition to the Sabarmati project, it has taken off, so has Central Vista, with the court ruling favouring the project. The first Kashi Vishwanath Temple Corridor was inaugurated recently by PM Modi.

What Next

Patel’s firm has been commissioned the Master Plan for the Somnath Temple in Gujarat. They also have the Mumbai Port Complex Master Plan and the Pune Riverfront Development projects.

By the Way

During his frequent trips to Delhi initially, Patel preferred riding the Delhi Metro to help save time.

58. D K Shivakumar, 59

President, Karnataka pradesh Congress Committee (2021 Rank: 79)

Why

Shivakumar has been a trouble-shooter for the Congress over the years and is one of the wealthiest politicians in Karnataka. The party often turns to him to guard MLAs from the threat of poaching by the BJP.

Power Punch

Earlier this year, he crafted his political relevance by embarking on a 100-km “Walk for Water” yatra, demanding a check dam project on the river Cauvery. He is positioning himself as a prominent Vokkaliga leader in south Karnataka at a time when the JD (S) is losing its hold.

What Next

The KPCC president has to draw up a strategy to help Congress stop the BJP juggernaut in the 2023 Assembly polls.

By the way

Shivakumar can recite Sanskrit shlokas and often chants them in the public to counter BJP criticism of the Congress being anti-Hindu.

59. Ghulam Nabi Azad, 73

CWC member, former leader of opposition, Rajya Sabha (New)

Ghulam Nabi Azad

Why

A quintessential Congress insider for almost five decades, Ghulam Nabi Azad is now the dissenter-in-chief. The former Leader of Opposition in the Rajya Sabha has managed to rally a group of senior leaders calling for reforms in the intransigent Congress, mounting a serious challenge to the Gandhis. His rich organisational experience and admirable networking skills make him a force to reckon with.

Power punch

The Narendra Modi government honoured him with the Padma Bhushan, signaling that he commands respect across the aisle.

What next

The rebellion by a section of the senior Congress leadership led by him is reaching a turning point. His future course and that of G-23 will depend on whether he will land an important organisational assignment or a Rajya Sabha seat.

By the way

He is writing his autobiography. As he makes time in between political parleys, the book is likely to be out later this year.

60. Azim Premji, 76

Former chairman, Wipro Limited (2021 Rank: 53)

Why

The founding president of one of India’s largest conglomerates, his company continues to have a successful run. He is still a mentoring influence in Wipro’s efforts to push the boundaries in terms of new technology.

Power Punch

Premji had, for the second consecutive year, in 2020, retained his spot as the top philanthropist in India. The IT mogul committed donations worth Rs 9,713 crore in 2020-21, up 23 per cent year on year and far ahead of other industrialists on the list.

What Next

With the pandemic severely impacting education, the Azim Premji Foundation will increase its spend on educational initiatives.

By The Way

The Supreme Court recently lauded him for pardoning a person who had filed 70 ‘frivolous and misconceived’ cases against Premji and his associates.

61. Bhagwant Singh Mann, 48

Chief Minister, Punjab (New)

Punjab CM Bhagwant Mann

Why

The comedian-turned-politician steered the Aam Aadmi Party (AAP) to a historic win in the Punjab Assembly elections, giving wings to his party’s national ambitions. With a strong people connect, he has broken Punjab’s traditional alternation of power between the Congress and the Shiromani Akali Dal.

Power Punch

He is the new entrant in the beleaguered state, who has arrived with populist moves like announcing 2,500 government jobs and regularising 35,000 contractual ones. What has been his masterstroke? He released a personal WhatsApp number for whistleblowers against corruption in the state.

What next

Mann has promised to stem the rot that has set in the state by tackling every area of distress, from agriculture and education to industry.

By the way

He is fond of watching basketball.

62. Asaduddin Owaisi, 52

President, All India Majlis-e-Ittehadul Muslimeen (2021 Rank: 72)

Asaduddin Owaisi

Why

When most non-BJP parties are wary of being seen as “pro-Muslim” in their politics, Asaduddin Owaisi has rushed into the space and established himself as one of the leading voices representing his community. With his eyes on national politics, he has guided his party AIMIM into several states where his candidates have won many seats in local elections.

Power Punch

A key influencer, he tests political waters across the country with the AIMIM opening offices nationwide.

What Next

Disappointed with his performance in the UP election, he is now looking to stitch alliances with regional parties.

By the way

An avid cricketer, he represented Osmania University where he was involved in a speed battle with Venkatesh Prasad, who was representing Bangalore University.

63. Rajeev Chandrasekhar, 57

MoS for Electronics & IT (New)

Why

A strong proponent of good governance through institutional reforms, Chandrasekhar is a politician, technocrat and a third-term member of Rajya Sabha. He has been assigned two key portfolios — Electronics & IT and Skill Development & Entrepreneurship — where he is driving the reform agenda to put into effect initiatives like Digital India and Skill India. Last year, he was appointed in-charge for Assembly elections in Puducherry.

Power Punch

With Cabinet colleagues Dharmendra Pradhan and Anurag Singh Thakur, he was involved in a digital campaign, which played a crucial role in BJP’s victory in the recent UP Assembly polls.

What Next

To map the cyberspace jurisprudence for Modi’s ‘Atmanirbhar Internet’ call.

By the way

He has been visiting Sabarimala every year for 27 years.

64. Byju Raveendran, 41

Founder & CEO, BYJU’s (2021 Rank: 84)

Why

Byju’s eponymous ed-tech company is India’s biggest unicorn valued at over $22 billion. In the face of criticism over aggressive sales techniques, the platform continued its fund-raising spree. The world’s most valuable ed-tech company is also focussing on global expansion and a possible listing on the public markets.

Power Punch

Byju himself participated in the company’s latest fund raise — an uncommon practice for a start-up founder. He put in $400 million to the total $800-million investment round. The latest is that his firm has been named as a sponsor of the 2022 Qatar World Cup.

What Next

With lawmakers and the government turning the heat on ed-tech companies, Byju’s strategy to navigate through the regulatory waters will be key to its growth.

By The Way

Byju started his career in a UK-based shipping company as a service engineer.

65. PK Mishra, 73

Principal Secretary to Prime minister

PK Mishra

Why 

Mishra has slowly but surely emerged as the PM’s man-Friday over the years in matters related to complex bureaucratic appointments, departmental policy logjams and the like. Now, the low-key Mishra is the face of the Prime Minister’s Office.

Power punch

The retired Gujarat cadre IAS officer’s perceived personal closeness to the PM adds to his clout. He prefers to shun the media glare and remain in the background.

What next

As part of the PM’s core team in government, Mishra will continue to push senior bureaucratic leadership in key ministries to put their best foot forward in the Government’s image-building exercise.

By the way

Mishra takes a keen interest in disaster management, and his expertise had come in handy during the pandemic.

66. Amit Khare, 60

Advisor to PM, PMO (2021 Rank: 52)

Why

Till his retirement last year, Khare was among the few serving bureaucrats in the country that the Prime Minister’s Office (PMO) relied heavily on for planning the government’s communication strategy. He was appointed advisor to Modi in the PMO immediately after his retirement as higher education secretary in September 2021. In his new role, he primarily looks after the social welfare sectors, including education and rural development.

Power Punch

Khare is overseeing the government’s digital push in social sectors — often counted among the PM’ s top priorities — including the digital health mission, virtual labs and digital university.

What Next

He will continue to oversee the implementation of the National Education Policy 2020.

BY THE WAY

He likes travelling to offbeat and unexplored destinations.

67. Hemant Soren, 46

Chief Minister, Jharkhand (2021 Rank: 97)

Jharkhand Chief Minister Hemant Soren

Why

Such is Soren’s political capital that despite persistent efforts of the BJP to dethrone him, his coalition government won two by-elections, including in Dumka. He neutralised the entire Opposition campaign led by heavyweights like BJP’s Rajya Sabha MP Deepak Prakash and the first Jharkhand CM Babulal Marandi.

Power Punch

Despite charges of corruption, Soren has been able to keep his ally, the Congress, in check. Congress workers allege that Soren is poaching their votebase and ‘politically finishing’ their party. But he is consolidating himself with populist schemes.

What Next

His biggest challenge will be to change the perception as corruption charges fly thick and fast, more than what stuck to the previous government.

By the way

He is a good badmiton player and has beaten professional players.

68. Sunil Bharti Mittal, 64

Founder and Chairman, Bharti Enterprises (2021 Rank: 73)

Sunil Bharti Mittal

Why

Rivalry with Reliance Jio and the costly Supreme Court judgment on past statutory dues were not enough to perturb the country’s second-largest telecom operator Bharti Airtel, even as its competitor Vodafone Idea nearly went belly up. Mittal also led the way in bringing the mobile-service industry on the same table for a tariff hike.

Power Punch

In 2020, Mittal-led Bharti Enterprises won the bid to become the largest shareholder in the UK-based satellite communications company OneWeb.

What Next

While OneWeb is likely to become one of the earliest Indian entrants in the satellite broadband space, it faces competition from the likes of Elon Musk’s StarLink and Reliance Jio. The imminent launch of 5G services will also prove crucial for Airtel’s growth.

By The Way

He loves listening to Jagjit Singh’s ghazals.

69. Rohit Sharma, 34

Indian cricket captain (New)

Indian Cricket team captain Rohit Sharma

Why

Sharma has grown in stature having been crowned India’s all-format captain. Once seen as a batsman with a questionable temperament for the longer version, he has been the team’s highest scorer in Tests in the last few years, with 906 runs in 11 games. Leading one of the most popular Indian Premier League (IPL) franchises and winning five titles for Mumbai Indians add to his captaincy mettle.

Power punch

Sharma has a big say in the selection of players and their place in the playing XI. By being the long-standing successful captain of an influential IPL, he has powerful backers among stakeholders.
What next

India hasn’t won an ICC tournament since 2013. He has two World Cups to set the record straight — the T20 World Cup in Australia later this year and the 50-over World Cup in India next year.

By the way

He loves Mumbai’s street food and vacations in Spain and Greece.

70. Anand Mahindra, 66

Chairman, Mahindra Group (2021 Rank: 67)

Why

With Anand Mahindra at the helm, the $21-billion Mahindra Group has expanded at home and abroad into a wide range of industrial sectors — be it automobiles, agriculture, IT or aerospace. It has a 2.6 lakh workforce in over
100 countries.

Power Punch

In November last year, Mahindra stepped down from his executive role in the organisation to become its non-executive chairman. The group enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume.

What Next

Led by him, the group will launch 16 electric vehicles by 2027 at an investment of Rs 3,000 crore. The plan is to become a leader in the electric mobility business.

By the way

A passionate photographer, he loves sailing and playing tennis.

71. Manoj Sinha, 62

Lieutenant-Governor of Jammu & Kashmir (2021 Rank: 21)

Why

Sinha has been a leader since his ABVP student-activist days. By implementing central schemes, managing the security scenario, pushing the Centre’s development agenda, and bringing in investments, the BJP sees Sinha’s handling of J&K as effective.

Power Punch

The L-G administration has cleared investment proposals of around Rs 27,000 crore. In the next six months, it’s expected to cross Rs 70,000 crore.

What Next

He is keen on expanding road infrastructure in J&K, and restarting the Amarnath Yatra. There are apprehensions around delimitation and the next Assembly election.

BY THE WAY

When socialist leader Janeshwar Mishra (Chhote Lohia) visited Varanasi back in the day, Sinha was a student leader who brought him kala jamun and rabri.

72. Madhabi Puri Buch, 56

Chairperson, SEBI (New)

Why

Madhabi Puri Buch is the first woman chairperson of the Securities and Exchange Board of India (SEBI). She is also the first person from the private sector to head the markets regulator.

Power Punch

Buch is known for her tough stance on insider trading. For instance, she cracked down on fraudulent tradings by two prominent television anchors of a business news channel. Buch also passed a number of orders banning trading in suspected shell companies based on the list drawn up by the government during their drive against black money in 2017.

What Next

Buch’s immediate agenda will be to handle the cases relating to the NSE co-location scam and former NSE MD & CEO Chitra Ramkrishna.

By the way

She was at the Taj Mumbai during the 26/11 terrorist attack.

73. Adhir Ranjan Chowdhury, 65

Leader of the congress in LS (2021 Rank: 63)

Why

As the leader of the Congress — the single largest opposition party in Lok Sabha — Chowdhury is its voice on key panels which pick the CBI Director, Central Vigilance Commissioner, Central Information Commissioner, Chairman and members of the NHRC and the Lokpal. In the party, he is known for having an ear to the ground in West Bengal.

Power punch

He is a critic of CM Mamata Banerjee. The TMC supremo had nudged the Congress leadership to replace him in LS but he remained unscathed.

What next

Although the Congress could not open its account in West Bengal, he continues to head the state unit. It is to be seen if he remains there or is moved to a new role.

By the way

He carries toffees for children during his travels

74. Omar Abdullah, 52

Vice-President, National Conference (New)

Omar Abdullah

Why

As its rival PDP has lost considerable ground in the Valley and smaller parties have failed to make a mark, the National Conference has a chance to re-emerge as a potent political force in J&K. Currently, it’s the only political party that has considerable presence in all regions of J&K.

Power punch

Like PDP, there have been efforts to break the National Conference in J&K and some of its leaders — especially in Jammu — left the party. But by and large, Abdullah and his party has thwarted these attempts, making him stronger.

What next

Whenever elections are held in J&K, there could be an attempt to divide the party and the challenge for Abdullah would be to keep it together. Also traditionally there have been tensions between the party’s old guard and the new generation. How well Abdullah bridges this gap would impact his political future.

BY THE WAY

His favourite food is rainbow trout.

75. Priyanka Gandhi Vadra, 50

AICC General secretary (2021 Rank: 41)

Priyanka Gandhi Vadra

Why

On paper, Priyanka Gandhi Vadra is the AICC general secretary in charge of Uttar Pradesh. She was for long the conscience-keeper of both mother Sonia and brother Rahul, but is now increasingly assertive and has come to play a key role in decision making in the party, be it placating a rebellious Sachin Pilot or pushing Navjot Singh Sidhu as the president of Punjab Congress.

Power punch

She convinced the party to reserve 40 per cent tickets for women in UP; it was unprecedented. Her aggressive ‘Ladki Hoon Lad Sakti Hoon’ campaign also helped gain media attention in Uttar Pradesh.

What next

She has vowed to give undivided attention to Uttar Pradesh to prepare the party for the 2024 Lok Sabha battle. But given that the Congress is in a flux, her role will be clear in the coming months.

By the way

She is a master scuba diver.

76. TV Somanathan, 56

Finance and Expenditure Secretary (2021 Rank: 78)

Why

As the seniormost secretary among the five secretaries in the Finance Ministry, Somanathan is one of the most influential bureaucrats. He is trusted by the Government for articulating economic policy. He had a major role to play in the PM Garib Kalyan and Atmanirbhar Bharat announcements in 2020.

Power Punch

He has been instrumental for outlining capital expenditure push in the Government’s post-pandemic budget to revive economic growth.

What next

With the global geopolitical tension having a ripple effect on financial markets and commodity prices, he has his task cut out with managing the fiscal math and steering the economy to a higher growth trajectory.

By the way

He learnt the Hausa language in northern Nigeria, where he did his secondary schooling.

77. Kumar Mangalam Birla, 54

Chairman, Aditya Birla Group (2021 Rank: 81)

Why

In the 25 years at the helm of the Aditya Birla Group, he has raised the group’s turnover by over 20 times, to $45 billion. He has been the architect of over 40 successful acquisitions in India and abroad, the highest by any Indian multinational.

Power Punch

In mid-2021, he offered to hand over the group’s 27.66 per cent stake in cash-strapped Vodafone Idea to any public sector or domestic financial entity who could keep the company afloat, while also asserting that the telco would collapse without immediate government support. The government was then forced to work out a revival package for telecom companies, giving a lifeline to Vodafone Idea.

What Next

The group has already unveiled plans to invest $2.4 billion across businesses.

By the way

Playing chess is one of his hobbies.

78. Baba Ramdev, 56

Co-Founder, Patanjali Ayurved (2021 Rank: 68)

Baba Ramdev

Why

Baba Ramdev is looking to build India’s leading consumer-goods brand in Patanjali Ayurved with hopes of overtaking FMCG companies like Hindustan Unilever. In a year when most businesses were ravaged by pandemic, Patanjali Ayurved reported Rs 485 crore in net profits for the 2020-21 financial year.

Power Punch

The Patanjali Group crossed Rs 30,000 crore in revenue in ’20-’21.

What Next

Patanjali Ayurved is targetting a turnover of close to Rs 1 lakh crore in the next five years and a potential public listing. Ruchi Soya, which Patanjali had acquired in 2019, is gearing up for a Rs 4,300 crore follow-on public offer. Ramdev is also been planning an entry into education.

By the way

Ramdev was a judge on the Hindi television reality music show, Om Shanti Om, which aired in 2017.

79. Mehbooba Mufti, 62

President, People’s Democratic Party (2021 Rank: 56)

Mehbooba Mufti

Why

If any mainstream politician in Jammu & Kashmir has stood up to BJP and its policies, it is Mehbooba Mufti. She is unafraid to voice her stand on Kashmir and its related issues. Despite having once allied with the BJP, she is now a vocal critic of its politics and an ardent supporter of dialogue with Pakistan for the resolution of the Kashmir issue.

Power Punch

The PDP chief was among the leaders released last from detention after abrogation of Article 370. The release followed the Supreme Court questioning the government on how long it planned to keep her under house arrest.

What Next

Mufti’s biggest challenge is her party. Will she be able to revive it, especially when it has lost considerable ground in the Valley? Most of its leaders have gone looking for greener pastures.

By the way

She enjoys watching Humsafar, a television serial.

80. Virat Kohli, 33

Former India Cricket team captain (2021 Rank: 83)

Virat Kohli

Why

Though he is no longer the captain, the Kohli brand hasn’t yet been dented. He still retains the charisma to fill stadium seats and sell products. For his 100th Test in Mohali, BCCI had to roll back on their decision to hold the game behind closed doors, apparently because of the social media outrage of Kohli fans. His support of teammate Mohammed Shami, target of hate-mongers, was a powerful statement. For his IPL franchise Royal Challengers Bangalore, he remains an immensely vital cog in the wheel.

Power punch

With 186 million Instagram followers and another 47.2 million on Twitter, Kohli is one of the biggest influencers around. The BCCI felt the full force of it during the recent captaincy debate.

What next

Kohli’s challenge would be to not let the tag of former captain dent his famous run-making drive.

By the way

Kohli is a good mimic.

81. Fali S Nariman, 93

Constitutional jurist, Senior Advocate, Supreme Court (2021 Rank: 69)

Why

With almost seven decades of practising law, Fali Nariman has witnessed nearly all the watershed moments of the judiciary and draws from that vast experience. He remains one of the country’s most respected jurists and constitutional lawyers.

Power Punch

He contested the Centre’s Covid-19 rules on Parsi funerals and argued that there was no provision for Parsis to carry out Dokhmenashini, a ritual where the deceased is kept on the Tower of Silence.

What Next

As the conscience-keeper for the judiciary, Nariman’s views will be crucial in shaping conversations, both inside and outside the courtroom.

By the way

Much before he had a stint as a Parliamentarian, Nariman was part of a mock parliament in his law school.

82. Shah Rukh Khan, 56

Actor, producer, sports entrepreneur (2021 Rank: New)

Shahrukh Khan

Why

He is the guru of reinvention. He has shaped the entertainment industry for three decades and is back in an action-hero avatar with Pathaan and filmmaker Atlee’s double-role thriller Lion. In the midst of the controversy around his son, he maintained a stoic silence and retained the loyalty of the brands associated with him.

Power Punch

With SRK+, he is set to revolutionise the OTT space, be it independently or in association with Disney Hotstar.

What Next

After critically acclaimed titles like Badla, Bard of Blood, Bob Biswas and Love Hostel, his Red Chillies is working on two women-themed films, one, about two women finding love in exceptional circumstances and another about a journalist speaking truth to power.

By the way

He loves hanging out in Dubai, and is terrified of riding horses.

83. Devendra Fadnavis, 51

Opposition leader, Maharashtra (2021 Rank: 62)

Devendra Fadnavis

Why

He has consistently led the BJP’s charge against the Maharashtra Vikas Aghadi (MVA) government, pressuring it with timely revelations. He was instrumental in scripting the BJP’s victory in Goa.

Power Punch

He may be in the Opposition but the former CM has immense penetration in Maharashtra’s bureaucracy and police. He’s weaponised sensitive and confidential information, including call data records (CDRs), telephone intercepts and even statements made to the police, to put the MVA on the mat.

What Next

He has set his eyes on dethroning the MVA from power. His major test will be ensuring a strong BJP performance in the corporation elections in Maharashtra’s major cities.

BY THE WAY

A closet singer, Fadnavis has also modelled for a Nagpur-based garment store.

84. Pushkar Singh Dhami, 46

Chief Minister, Uttarakhand (New)

Why

Dhami, who became Uttarakhand’s youngest chief minister eight months ago, led the BJP to a second consecutive term — the first time an incumbent has returned to power in the hill state.

Power Punch

Though he failed to secure his own Khatima seat, Dhami was chosen over many others for the top job and sworn in as chief minister for the second time—an acknowledgment of his role in leading the party to victory in the state.

What Next

Dhami needs to be elected to the State Assembly within six months to continue as CM and also has the task of keeping together the faction-ridden state unit of the party.

By the Way

Dhami considers his wife Geeta his lucky charm and the pahadi cap he wore during his swearing-in ceremony was a special gift from his in-laws.

85. Rajiv Gauba, 62

Cabinet Secretary (2021: 58)

Why

As PM Modi’s top man in central bureaucracy, Gauba has not only been key to formulating and implementing government policy on India’s response to Covid-19. He’s steered coordination between the Centre and the states on record vaccinations achieved by the country. Gauba, who was granted a one-year extension in 2021, has coordinated efforts of various ministries and states on the schemes for the poor.

Power Punch

With PK Mishra’s exit from the PMO and his own tenure coming to an end in August this year, Gauba is speculated to be among the contenders to become principal secretary to the PM.

What Next

With the economy opening up, Gauba will have the task of steering the bureaucracy to implement government agenda on growth.

By the way

He is very particular about time management in meetings and comes straight to the point.

86. Tuhin Kanta Pandey, 57

Secretary, Department of Investment and Public Asset Management (DIPAM) (New)

Why

With an ambitious privatisation agenda lined up by the government, DIPAM will be at the forefront of the Centre’s push to reduce its business presence and give a greater play to the private sector. The BJP government’s success in the recent Assembly elections is expected to reinvigorate stake sales in PSU companies.

Power Punch

DIPAM, under Pandey, has been able to successfully privatise Air India by selling the loss-making national carrier to the Tata Group.

What Next

Completing the proposed initial public offering of Life Insurance Corporation will be a significant milestone. Getting buyers for Bharat Petroleum Corp Ltd and rolling out privatisation of IDBI Bank, two other state-owned lenders, will also be under focus.

By The Way

He is fluent in Hindi, English, Punjabi and Odia

87. Nandan Nilekani, 66

Non-executive Chairman, Infosys (New)

Why

Having started his entrepreneurial journey in the Indian IT industry in 1981, Nilekani is among the rare entrepreneurs who have successfully executed projects in the public as well as the private sector.

Power Punch

He has been included in a nine-member advisory council to advise the government on measures needed to design and accelerate the adoption of Open Network for Digital Commerce.

What Next

He is working on EkStep, a not-for-profit effort to create a technology-based platform to improve basic
literacy for millions of children, which lays the template for the use of technology as an asset for the greater good.

By The Way

While working, Nilekani avoids communication tools such as messages and WhatsApp.

88. Ram Sewak Sharma,66

CEO, National Health Authority (2021 Rank: 66)

Why 

Soon after he retired from the IAS, he was appointed CEO of the apex body implementing the ambitious Ayushman Bharat Yojana – National Health Authority. An expert on technology and big data, he was entrusted with developing the CoWIN platform that has served as the backbone for Covid-19 vaccination drive in the country.

Power Punch

Last year, the PM launched e-RUPI, a contactless instrument for digital payment for Covid-19 vaccination, conceptualised by Sharma. It’s is expected to be used in delivering services related to providing drugs and diagnostics.

What next

Under him, the NHA will roll out a digital ecosystem that will comprise registries of health providers, health facilities and consent framework.

By the way  

Loves designing information systems, and has been writing code since 1986.

89. M Jagadesh Kumar, 60

Chairman, University Grants Commission (New)

M Jagadesh Kumar

Why

An electronics engineer by training from the IIT-Madras, Kumar taught at the IIT-Delhi for nearly two decades between 1997 and 2016, when he was made the vice-chancellor of Jawaharlal Nehru University (JNU). He continues to take classes at IIT-D. In February, he was made chairperson of the University Grants Commission.

Power Punch

JNU was in the grip of intense political churn under Kumar’s watch, raising a question mark over his leadership. But he weathered the storm and it did not dent his career progression.

What Next

As head of UGC, Kumar will oversee the rollout of key National Education Policy 2020 proposals on reforming the higher education sector, ranging from the central universities common entrance test to the four-year undergraduate programme.

By the way

He practises Shito-Ryu karate and prefers taking the stairs to his eighth-floor classroom in IIT.

90. Sushil Chandra, 64

Chief Election Commissioner of India

Why

Chandra took over as the 24th CEC last April and oversaw key Assembly elections. As member of the Delimitation Commission, he will play an important role in deciding the redrawn boundaries of Assembly and Lok Sabha seats in Jammu & Kashmir.

Power Punch

Chandra’s decision to ban election rallies and roadshows ahead of the Assembly elections across five states in January helped curb the spread of the Omicron variant. The Election Laws (Amendment) Bill, 2021, which seeks to link electoral roll data with the Aadhaar ecosystem, was also passed during his tenure.

What Next

He is building on the electoral reforms he pushed, including remote voting and unified electoral rolls, and arguing for simultaneous elections. He is due to retire in May.

By the way

He has a vast collection of teas from across the world.

91. Prashant Kishor, 45

Election strategist (2021 Rank: 98)

Prashant Kishor

Why

He has transformed political campaigning in India in many ways, from pushing parties to adopt data analysis in a more structured manner to disruptive publicity drives. Two general elections and many Assembly polls later, Kishor has emerged as a formidable force in the minefield of Indian politics.

Power Punch

He helped Mamata Banerjee steer the TMC to power in West Bengal. He also worked closely with MK Stalin, who led DMK to a thumping majority in the 2021 Tamil Nadu Assembly polls.

What Next

He has dropped enough hints about his desire to help strengthen the Opposition parties going into the 2024 general election. Telangana Chief Minister K Chandrashekar Rao has announced that Kishor is working with him.

By the way

He has multiple pairs of his trademark black polo T-shirt.

92. Amitabh Kant, 66

CEO, NITI Aayog (New)

Why

Amitabh Kant has been a key driver of the government’s flagship initiatives such as Make in India, Startup India and Incredible India. At NITI Aayog, he is overseeing the Aspirational Districts Programme, which uses data-based governance to improve the socio-economic outcomes of some of India’s most backward districts.

Power Punch

Under his watch, NITI Aayog has developed the National Monetisation Pipeline, which aims to unlock value in brownfield projects by engaging the private sector. He’s been promoting an EV revolution in the country.

What Next

Even as Kant’s current term as NITI Aayog CEO ends on June 30, he is expected to remain at the forefront of the EV and digital push in the country.

By the way

He uses an electric vehicle — a white coloured Tata Nexon EV, in his case, as his official vehicle.

93. Harish Salve, 66

Former Solicitor General (2021 Rank: 92)

Harish Salve

Why

India’s most sought after corporate lawyer may have shifted base to London but is still a regular in courts in the country. He represents big corporate houses, including Reliance and Tata Sons. The Indian government also dials in Salve for its cases abroad, be it the Kulbhushan Jadhav spy case or to extradite fugitive Mehul Choksi from the Dominican government’s custody.

Power Punch

Salve dominated the Supreme Court during the pandemic as courts functioned virtually. Appearing from London, the cases in which he appeared ranged from the farmer protests to the Lakhimpur Kheri violence in Uttar Pradesh.

What Next

He continues to hold the brief for major corporate power houses. There is also speculation about his return to India for a larger role.

By the way

Salve is a jazz enthusiast.

94. Kangana Ranaut, 34

Actor & Producer (New)

Kangana Ranaut

Why

With four National Awards, this Padma Shri recipient has proved that commerce respects talent even if you are on a solitary road. She continues to make headlines with her no-holds-barred opinions, engaging in blistering debates with critics on all public platforms. She is the poster girl of pop nationalism.

Power Punch

By turning producer with Manikarnika and having done Thalaivi, the biopic on actor-politician J Jayalalithaa, she is determined to push female-driven narratives and direct them herself. Considered close to the establishment, she advocates its stance through social media posts and was invited to the swearing-in of the UP CM.

What Next

Watch out for Dhaakad and Tejas. By directing a feature titled Emergency and playing the lead in Sita, she is foregrounding subterranean politico-cultural viewpoints in the popular space.

By the way

She is heavily into spirituality.

95. Mayawati, 66

National President, Bahujan Samaj Party (2021 Rank: 71)

Mayawati

Why

Though the BSP won just one seat in the UP Assembly polls, its vote share at 13 per cent is still way above the Congress’s 2.3 per cent. Though a much-diminished figure heading a party that seems less than agile in keeping up with the demands of new politics, Mayawati remains relevant in Uttar Pradesh politics.

Power Punch

Despite old hands leaving the party, she still holds the reins. She has appointed her brother and nephew to prominent positions in the party, signaling to the cadres her grip on the next rung of power.

What next

Given the dominant perception that it was the shift in the BSP’s vote that helped the BJP come back to power in the state, the biggest task ahead for her is to re-establish her own position as well as of her party — as a leader of the Opposition, and of the Dalits.

By the way

She demands complete silence when she is reading or writing.

96. Akshay Kumar, 54

Actor & producer (New)

Akshay Kumar

Why

He is the most visible barometer of the public pulse. Calling himself a producer’s actor, his sustained hits in the film industry prove that he is in the business called Bollywood. From action hero, comic, Everyman, crusader and now anti-hero, he has delivered in all genres. He kept the industry afloat with his Bellbottom, Sooryavanshi and Bachchan Pandey, earning close to Rs 200 crore in the pandemic gap years.

Power Punch

Known to be an astute businessman who values time, budgets and co-stars, the Padma Shri recipient is the industry’s most bankable star. FMCG brands love him.

What Next

He will be playing the role of Prithviraj Chauhan in YRF’s next and an archaeologist on the trail of the Ram Setu.

By the way

He prefers not to eat after sunset and sleeps by 9 pm.

97. Alia Bhatt, 29

Actor, Producer (New)

Alia Bhatt

Why

After establishing herself as a versatile and emotive actor at a relatively young age, she has proved herself to be a crowd-puller of the Rs 100 crore-plus club with Gangubai Kathiawadi, where she literally carried the film on her shoulders. It played a crucial role in drawing viewers back to the cinema halls in large numbers.

Power Punch

With SS Rajamouli’s big budget RRR and the magnum opus Brahmastra, she is the queen of the sweepstakes. She’s also signed an international spy thriller, Heart of Stone, featuring Gal Gadot.

What Next

The actor is on a mould-breaking spree with Rocky Aur Rani Ki Prem Kahani and the all-woman road film Jee Le
Zaraa. Darlings, a dark comedy co-produced by her Eternal Sunshine Production, is supposed to release this year.

By the Way

Bhatt likes nature photography.

98. Pralhad Joshi, 59

Minister of Parliamentary Affairs, Coal and Mines (New)

Why

Joshi’s emergence in national politics has been slow but steady. Considered close to BJP’s influential organisational general secretary BL Santhosh, he’s always had the backing of the RSS in Karnataka and now at the Centre. The Dharwad MP enjoys the support of the PM and by virtue of being the Parliamentary Affairs Minister, works closely with him during House sessions.

Power Punch

Named party in-charge of Uttarakhand just before the crucial Assembly elections, he resolved serious infighting, drew up a winning strategy and convinced everybody to continue with Pushkar Singh Dhami as Chief Minister despite his defeat in the polls.

What Next

He is one of the contenders for the post of Karnataka Chief Minister in the next round of state elections.

By the way

He loves to listen to classical music and occasionally sings on stage.

99. Prasoon Joshi, 50

Adman, Lyricist, Cbfc chief (New)

Prasoon Joshi

Why

One of the prominent lyricists of Hindi cinema and top-ranking adman, Joshi has been chairman of Central Board of Film Certification (CBFC) since 2017. Winner of the Indian Personality of the Year award during the International Film Festival of India, Goa, last year, he played a key role in digitising CBFC.

Power Punch

Has worked on the Government’s social messaging as is evident from the appeal of the Swachh Bharat Abhiyan, polio eradication, malnutrition and child rights campaigns.

What Next

He has the tough task to convince filmmakers about a new draft proposal to amend the Cinematograph Act of 1952, which will give the Centre revisional powers.

By the way

He is a good singer.

100. Ramachandra Guha, 63

Historian and public intellectual (New)

Ramachandra Guha

Why

His scholarship is marked by regour and accessible story-telling that draws readers, across generations, to modern Indian history. At a time when much of it is contested, his formidable range of books enriches insight as much as it provokes thought.

Power Punch

His most recent work, Rebels Against the Raj, much like his iconic biography of anthropologist Verrier Elwin, is a story of India’s encounter with the West — and an argument against xenophobia.

What Next

A voice of dissent, he calls out abuse of power in a tone that is fiercely non-partisan — and humble. His choice of subjects will continue to deepen his readers’ understanding of a changing India.

By the way

In school, Guha was an off-break bowler, who idolised EAS Prasanna.





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Magic (black) with numbers | The Indian Express


There was a time when Mr Narendra Modi — and on cue his Finance Minister — swore by the private sector. Like Agriculture and most of the Services, in industry too, Mr Modi’s preferred model was private sector-led growth. The State will step back and be content to be the regulator where regulation was necessary.

At some point of time, after demonetisation, Mr Modi appears to have changed his philosophy. As his faith in the private sector waned, he became a votary of the government-led model. With Budget 2022-23, the change is complete. This is a Budget driven by one engine: government capital expenditure. The rub, however, lies in the numbers.

Shifting Gears

The Finance Minister claimed that in 2021-22 the government had exceeded budgeted capital expenditure. As against a BE of Rs 5,54,236 crore, the RE number was Rs 6,02,711 crore. The surprise turned out to be unpleasant after one read the fine print. The latter amount included a sum of Rs 51,971 crore that was infused into Air India to repay past loans and liabilities before privatization! I did not know that repaying a loan would qualify as capital expenditure! Deducting this amount, the capital expenditure in 2021-22 was only Rs 5,50,840 crore — lower than the BE!

That is not surprising. The government’s capacity to spend money on the capital account is constrained by many factors: multiple levels of decision-making, huge paperwork, diffused accountability, and so on. These constraints will not go away because Mr Modi shifted gears.

There are more unpleasant surprises in the numbers. The Finance Minister generously announced that she will allow the states to borrow an additional sum of Rs 1,00,000 crore, interest free, if it was tied to capital expenditure. Soon it became clear that the states would borrow directly from the market and the Central government would bear only the interest. The nasty surprise was that the Finance Minister quietly tucked this sum into the 2022-23 BE of the Central government’s capital expenditure that printed at Rs 7,50,246 crore, and claimed that the Central government had enhanced its capital expenditure by 35 per cent over the previous year! By no stretch of argument would the additional borrowing by the state governments for their capital expenditure qualify to be Central government capital expenditure. This was deception of the worst kind. Deducting this amount, the Central government’s capital expenditure in 2022-23 BE would be only Rs 6,50,246 crore — a modest increase of Rs 1,00,000 crore over the true number of 2021-22 RE.

Losing Faith

The Modi government’s rhetoric of government capital expenditure-led growth is hyperbole. Further, the government does not have faith in the appetite of the private sector to invest more. The latter was exposed when the ambitious scheme to privatize public sector assets collapsed. Two years ago, the government decided to privatize BPCL, CCL and SCI. Last year, the government decided to privatize two public sector banks and one public sector insurance company. Also, last year, the Finance Minister announced a Grand Bargain Sale of monetizing public sector assets valued at Rs 6,00,000 crore. Not one of the proposals has seen the light of the day! The Railways invited bids to privatize 151 passenger trains on 109 routes — and got no bids! It was no surprise that against a disinvestment revenue target of
Rs 1,75,000 crore in 2021-22 BE, the government hopes to achieve Rs 78,000 crore — that is if the LIC IPO goes through before March 2022!

There are good reasons why the private sector is shying away from investment. The foremost reason is lack of demand. The capacity utilisation in many industries is around 50 per cent. Why would any one invest more when there is idle capacity? Besides, the business environment has become more difficult, not easier, and is filled with cronyism, suspicion and fear.

Ignoring Advice

Many economists have advised the following approach to pull the economy out of the current state of jobless and sluggish growth:

– Stimulate demand by putting more money in the hands of the poor and the middle class — transfer cash, cut indirect taxes:

– Revive the MSMEs that have shut down or have scaled down their business. Such revival will also bring back millions of jobs that were lost;

– Spend more on welfare. The excuse that “we don’t have enough money” will not wash because the top 10 per cent of the population has garnered 57 per cent of the national income and holds 77 per cent of the nation’s wealth. They must come forward and say, like the American billionaires, “tax us more”;

– Review the licence raj that has found its way back through multiple regulations and directions by the RBI, SEBI, the Income-Tax department, etc;

– Rein in the CBI, ED, SFIO and IT so far as businesses and banks are concerned.

I have no expectations that the government will listen to well-meaning advice. Leaving that aside, will the Finance Minister solve a puzzle that is troubling many economists. In 2022-23, will the nominal GDP grow by 11.1 per cent (as projected in the Budget papers) and the real GDP grow by 8 per cent (as predicted by the new CEO)? That would be heaven with inflation at only about 3 per cent!





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