Can international interference shake confidence in Indian markets?

[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_spacing=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text css=”.vc_custom_1677067026288{margin-right: 10px !important;margin-left: 10px !important;}”]As India has witnessed its economic rise in the past couple of years, there are many covert threats that are emerging from vested interests. India handled the pandemic in a very efficient manner for two years, which has been an example for the rest of the world and a pain point for some. On the monetary front, the Indian Central Bank exercised prudent fiscal measures during the pandemic due to which the economic recovery was much faster than other emerging and developed economies.

A well-known fact is that the western powers have historically been dictating the world order and the rise of India is something that has been hurting them. Development of an indigenous Covid-19 vaccine, administrating the doses to more than a billion people and further exporting these to other countries is something that the pharmaceutical cartel of USA despises. The Modi Government was firm on not letting any of these western pharma companies offer their vaccines in India, and with good reason. These companies wanted to supply inadequately tested vaccines and wanted immunity against any issues arising out of their vaccines.

Like the pharma lobby in the US, which received a big blow during the pandemic, the Central Government has also broken the back of another US lobby, the defence cartel. In FY22, India for the first time became a net exporter of defence equipment as compared to being one of the largest importers in the past. India’s rising defence capabilities have become an eyesore for the western powers who are now desperate to stop India’s progress.

Enter George Soros and the picture becomes clear

The western powers have their own methods of engaging in economic warfare against countries that it sees as a threat. These include funding elements in those countries that are likely to be their “assets” in creating disturbances in that particular country. For example, funding NGOs to stall development projects which are vital for the country, organising violent protests to create an atmosphere of uncertainty for the international investing community.

One of the known India baiters is the US billionaire George Soros. At a recent forum his statements though shocking, also hint at the desperation of the western power cartel, of which George Soros is a key member. He prides himself on being a regime change agent and economically attacks countries through his various networks.

While addressing the Munich Security Conference earlier this week, Soros made sharp remarks linking Adani and the Indian government. He said, “Modi and business tycoon Adani are close allies. Their fate is intertwined. Adani is accused of stock manipulation and his stock collapsed like a house of cards. Modi is silent on the subject, but he will have to answer questions from foreign investors and in Parliament,”

The billionaire added, “This will significantly weaken Modi’s stranglehold on India’s federal government and open the door to push for much-needed institutional reforms. I may be naïve, but I expect a democratic revival in India,”

Soros has long seen himself as a champion of democracy across the world, though for him, “democracy” may mean a political party or a government that he approves of. He has financed various political movements in eastern Europe and former Soviet republics. He is the biggest funder of the Democratic Party in American history and backed the presidential bids of Barack Obama, Hillary Clinton, and Joe Biden with millions of dollars.

This time the cartel may have just met their match

Why George Soros needs to be taken seriously is the fact that throughout his life, he has been instrumental in economically damaging and ultimately breaking the regimes not favourable to him or the cartel. This time though, he seems to have the wrong target. It reeks of white supremacy when he talks about democratic revival in India implying that he considers the current government not a democratically elected one.

The Government also responded strongly. “There are still people in the world who believe that their definition, their preferences, their views must override everything else,” said India’s External Affairs minister Jaishankar. He added there was “a debate and conversation that we must have on democracy,” including whose values defined democracy as the world rebalanced and became less Euro-Atlantic.

The desperation of the western cartel is seen in the changing geopolitical situation across the world including the support to Ukraine in the Russia-Ukraine war with an expectation of sizing down Russian world influence. Similarly, India too will see many such attacks via surreptitious means. A case in point is the Hindenburg report which caused a drastic fall in the Adani group shares. The Government has been proactive and will rise to such challenges and has been consistently negating attacks by the cartel.

Though it may sound patronising, India’s growing world influence and its emergence as one of the world’s top five economies is proof in itself. India’s growth story over the last few years has definitely ruffled a lot of western feathers. At the same time, it will also be naïve to dismiss George Soros’s statement and the Hindenburg report as something that is not an attack on India. It sure is..!!

The current dispensation has taken strong decisions and enjoys the backing of the people. The lack of strong opposition has also given a free run to the cartel to try for a regime change and have a “friendly” government in place. Another year to go for the general elections and this period will surely end up exposing many more George Soros and their pathological hate for India.

 

ABOUT THE AUTHOR

Ketan Sonalkar (SEBI Rgn No INA000011255 )

Ketan Sonalkar is a certified SEBI registered investment advisor and head of research at Univest. He is one of the finest financial trainers, with a track record of having trained more than 2000 people in offline and online models. He serves as a consultant advisor to leading fintech and financial data firms. He has over 15 years of working experience in the finance field. He runs Advisory Services for Direct Equities and Personal Finance Transformation.

Note – This channel is for educational and training purpose only & any stock mentioned here should not be taken as a tip/recommendation/advice

You may also like: Mid and small cap IT companies lead revival of the IT sector in 2023

[/vc_column_text][/vc_column][/vc_row]