The imperialist powers’ embrace of the Hindu supremacist and pogromist Modi is at one with their full-throttle support for Israeli Prime Minister Benjamin Netanyahu and his far-right government as it mounts its genocidal assault on Gaza and their alliance with the fascist disciples of Stepan Bandera in waging war against Russia in Ukraine.
Monday’s inauguration spectacle is far more than just a celebration of religious mumbo-jumbo and communal reaction. It glorifies an historic crime in pursuit of realizing the fascistic project of transforming India into a Hindu rashtra or state.
The current consensus among political analysts is for Prime Minister Narendra Modi to retain power in next years general elections. In that case, expect a further consolidation of wealth in the hands of Mukesh Ambani, Asias richest businessman, and Gautam Adani, his closest rival.
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The Tata Group, having become the first Indian iPhone maker, may be a more credible choice for the nation’s slow ascent up the global electronics value chain. The conglomerate is also reviving Air India Ltd., the loss-making national carrier that it won in a 2021 privatization deal.