Sonia Gandhi walks away from Indian premiership. Leaving Congress feeling like the geeky guy who spends a lot wooing the prettiest girl on campus, takes her to the prom in a limo, they win the King and Queen of the Prom solely because of the girl and then, she politely asks to be dropped off home and hopefully they can do this again sometime. You know?
For Congress, the turnaround was the debacle of India Shining campaigning by BJP and the It-factor contributed by Rahul and Priyanka. Those things are not going away. However Congress, without a Gandhi at the public helm, runs the risk of losing the admittedly-shady nostalgia vote.
Manmohan Singh, the architect of the first economic liberalization in the early 90s, could be an ideal candidate. The Indian stock market has already nose-dived among fears that Congress will go all Socialist on them. Manmohan Singh, educated at OxCam [his thesis was on trade policy], is an accredited free-market, liberal stalwart. He was responsible for opening up Indian economy and working solely at the discretion of Narasimha Rao (then PM) without any support inside or outside of Congress. The news of his possible premiership is already helping the Indian stocks. So, this is at least a positive development for the technorati elites.
Turning towards the impact of this development on Pakistan, this is what Dr. Singh had to say in April:
I think its a very 'smart' move by Sonia. Her being the PM, would have only attracted more 'not-born-in-india' kind of feelings, and that could have damaged congress. And her 'inner voice' is nothing but , her far sightedness to project/support Rahul as the future PM of India. You can see, only by her stepping down from the PM post, have won million of hearts and this is all what Rahul needs in years to come. i think we can relate this story/scenario with Benazir Bhutto, who came into power only because she was the daughter of the 'hanged' father, and the wife of the 'jailed' husband. Our nations are emotionally driven (i guess!!).. But this 'Manmohan SIngh' is good as compared to the BJP hindu radicals! I think Singh will definately do good for the ongoing pak-ind. peace process and who knows, he might annouce the 'Khalistan' plan????? (my sikh friends are really happy)
I had posted to the wrong message earlier. Regardless of the quality of sonia's inner voice, the whole episode stinks as far as Indian polity is concerned. I've given a link to a nice article on this.