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Modi-Shah-Jaitley troika meet to discuss economy, strategy to counter attacks over slowdown

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[vc_row][vc_column][vc_column_text]The meeting at Prime Minister’s 7 Lok Kalyan Marg residence comes a day after he lashed out at his critics and said economy was on the right track

A day after he criticised the “handful of people” who have been critical of his government’s economic policies, Prime Minister Narendra Modi is finally meeting with Union finance minister Arun Jaitley and BJP national president Amit Shah ostensibly to discuss the economy.

The meeting, currently underway at the Prime Minister’s 7, Lok Kalyan Marg residence, comes in the backdrop of mounting criticism of Jaitley’s inability to stabilize the economy and scathing attacks by BJP leaders Yashwant Sinha and Arun Shourie directed at the PM and his finance minister over demonetisation and a hasty GST rollout.

That the Prime Minister could summon Jaitley and Shah to discuss ways of changing the perception of an impending doom in the Indian economy and effectively countering claims made by critics – especially by BJP insiders – over the economic slowdown, was a foregone conclusion.

However, what will be interesting to look out for is the result of Thursday’s meeting of the Modi-Shah-Jaitley troika, which former Union minister and BJP veteran Arun Shourie has repeatedly derided as the “government of two and a half persons”.

The importance of the meeting can be gauged by the fact that Shah had to cut short his three-day tour of Kerala and Karnataka to reach New Delhi on Thursday for the discussions with Modi and Jaitley.

Sources said that the meeting has two key agendas – discuss ways of changing the narrative over the fledgling economy and offset the political damage that the BJP is likely to face if the Opposition and more leaders from within the BJP-RSS saffron parivar continue with stinging criticism of the Centre – Modi and Jaitley in particular – over flawed economic policies.

While no immediate clarity is expected on measures that the government would undertake, it is likely that Jaitley’s ministry could fasten the pace of announcing a stimulus package for economic revival.

The meeting is taking place a day after Modi was forced to personally counter the criticism being hurled at his government for its perceived failure to sustain India’s economic growth, create jobs and deliver on its tall poll promises of putting the country on an unprecedented upward growth trajectory.

Addressing a meeting of Company Secretaries, the Prime Minister Narendra Modi had said on Wednesday that a “handful of people” were trying to spread a wave of pessimism and despair based on the slowdown experienced during just a quarter – a reference to the GDP growth rate hitting a three-year low of 5.7 per cent.

“I will not jeopardise the future of the country for my present gains,” Modi had said, while adding: “There are some people who sleep well only after they spread a feeling of pessimism. We need to recognise such people”.

However, even though the Prime Minister tried hard to project as if all was well with the economy and that India’s growth story was still on the right track despite evidence to the contrary, the Reserve Bank of India (RBI) had already punctured Modi’s claims a few hours before his address to the Company Secretaries by reducing India’s growth projections for this fiscal from 7.3 per cent to 6.7 per cent.[/vc_column_text][/vc_column][/vc_row]

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Congress, BJP attack Bhagwant Mann over remarks on Punjab blasts

Congress and BJP have jointly criticised Punjab CM Bhagwant Mann after he linked recent blasts near defence sites to political motives, triggering a controversy.

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Bhagwant Mann

A political row has erupted in Punjab after Chief Minister Bhagwant Mann linked recent blast incidents to political motives, drawing sharp criticism from both the Congress and the Bharatiya Janata Party (BJP).

The controversy follows two low-intensity explosions reported within a short span of time — one near the Border Security Force (BSF) headquarters in Jalandhar and another close to an army cantonment area in Amritsar. The incidents raised concerns over security, particularly given the sensitive nature of the locations.

In response, Mann suggested that the blasts could be part of a larger political strategy. His remarks triggered a strong backlash, with opposition parties accusing him of politicising a serious security issue.

Leaders from the Congress criticised the Chief Minister’s statement, calling it inappropriate and alleging that such comments undermine the gravity of the situation. They stressed that matters related to national security should be handled with caution and responsibility.

The BJP also joined the criticism, questioning the basis of Mann’s claims and urging the state government to focus on investigation and law enforcement instead of making political allegations.

The developments have led to an unusual moment where both Congress and BJP appear aligned in their criticism of the Aam Aadmi Party-led government in the state.

Meanwhile, the blasts themselves have intensified concerns over safety in border regions, with authorities continuing their investigation into the incidents. No casualties were reported, but the proximity to defence establishments has made the issue particularly sensitive.

The episode has further escalated political tensions in the state, with security and accountability emerging as key points of debate.

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Himanta Biswa Sarma resigns as Assam chief minister, oath ceremony likely after May 11

Himanta Biswa Sarma resigns as Assam Chief Minister after BJP-led NDA’s victory. He will continue as caretaker CM until the new government is sworn in after May 11.

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Himanta sharma

Assam Chief Minister Himanta Biswa Sarma resigned from his post on Wednesday, paving the way for the formation of a new government after the BJP-led NDA secured a decisive victory in the 2026 Assembly elections.

Sarma submitted his resignation to Governor Lakshman Prasad Acharya at Lok Bhawan in Guwahati. The Governor accepted the resignation and asked him to continue as the caretaker Chief Minister until the new government takes charge.

The resignation comes after the NDA’s strong electoral performance, where the alliance won a clear majority in the 126-member Assembly, ensuring its return to power for another term.

Oath ceremony expected after May 11

Speaking to reporters after submitting his resignation, Sarma said the swearing-in ceremony for the new government is likely to be held after May 11.

He indicated that Prime Minister Narendra Modi has been invited to attend the ceremony but is unavailable until May 11, which has influenced the tentative schedule.

Decision on next chief minister soon

Sources suggest that central observers, including senior BJP leaders, are expected to arrive shortly to oversee the selection of the legislature party leader. The newly elected MLAs will then decide on the next Chief Minister.

Despite the formal resignation, party sources indicate that Sarma is likely to continue in the role for another term, given the BJP’s strong mandate in the state.

The move marks the beginning of the government formation process in Assam following the election results declared earlier this week.

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Rahul Gandhi and Vijay alliance took shape through backchannel talks, early signals from Congress leaders

Congress outreach and political calculations led to Rahul Gandhi and Vijay coming together after the Tamil Nadu 2026 election results.

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The coming together of Rahul Gandhi and actor-politician Vijay in Tamil Nadu after the 2026 Assembly elections was not sudden, but the result of behind-the-scenes political manoeuvring and early signals within the Congress.

According to media reports, some leaders in the Tamil Nadu Congress had already sensed the scale of Vijay’s surge during the campaign, anticipating what was later described as a “wave” in favour of his party.

After the results, where Vijay’s Tamilaga Vettri Kazhagam (TVK) emerged as the single largest party but fell short of a majority, communication channels between the Congress leadership and Vijay quickly became active.

A key moment in this evolving political equation was a phone call from Rahul Gandhi to Vijay, congratulating him on the party’s strong performance. The conversation was seen as more than a courtesy, signalling the possibility of cooperation at a time when government formation required additional support.

Reports indicate that discussions within Congress weighed the political benefits of supporting Vijay, especially given the shifting dynamics in the state where traditional dominance by major Dravidian parties has been challenged.

With TVK needing allies to cross the majority mark, Congress emerged as a potential partner, leading to a broader political realignment in the state. This development also triggered tensions within opposition alliances, highlighting the strategic importance of the decision.

The evolving partnership reflects a mix of electoral pragmatism and changing voter sentiment, particularly the growing influence of younger voters, which leaders acknowledged as a key factor in the election outcome.

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