Crisis : Omnipresent

I have been hearing this term pleanty of times everyday, most of the times when being referred to the current economic situation, yeah the ‘Economic Crisis’. Looks like the Central Statistical Org. (CSO) has released data suggesting the country s GDP has grows by 5.8 pc or so in the Jan-Mar 2009 quarter. It took some time for that huge ‘SlowDown’ to percolate to the developing countries, and that could have been the reason why India did pretty well in the last quarter of 2008, growing at 6.7 pc, a touch better than the IMF predictions but spot on as per the RBI. India will have to rely on its agriculture and services to pull up its GDP and cover for those lost areas in manufacturing. Looks like the crisis might not be completely over for us, but one thing is certain, the developing nations will have to join hands with the world s largest economies to get past this slumber.

Speaking of Crisis, the Bharatiya Janata Party (BJP) seems to having some of it at the top-most level. The poor show during the General Elections 2009 left a sour taste in L.K Advani s mouth. With his offering to resign as the tip of the spear, the second rung ambitious politicians of the party are in a ‘on-your-mark-get-set-go’ mode. One of the largest parties of the country has been reduced to one of the largest ‘opposition’ parties. Seeing this stature of the party, I guess, the so called ‘think-tank’ decided that Mr Advani should stay on to face some more music, atleast untill early next year (I think) when Rajnath finishes his Party Supremo tenure, and then things can get carried forward. In this dire situation, some strong Leadership is very essential. We will need focused and diligent leaders who can steer us through the troubled waters. Maybe the people understood this fact while voting, and hence a venom-spitting Varun Gandhi could not give that NO2 boost to his party. Even worse, the AIADMK and the TDP along with the BJD decided not to team up with the NDA.

I cannot say for sure that this might be the beginning of the end….but I strongly believe that whatever happens, happens for a reason. I sincerely hope that  someday the BJP would come back and give the congress a tougher challenge. After all, no harm in hoping for that to happen, because in such a scenario, the party that gets the maximum benefit is the ‘third-party’, or the onlooker, or We The People.

Just saw Andy Murray lose out to Gonzales. Federer s chances of wraping up this French Open loom at large…..I hope he does it this time.  On another note, I am  wary about the frequency of attacks on  Indians living in Australia, wtf is goin on? Cant understand. Also, My Heart goes out to all the kith and kin of the passesngers of Air France 447.