Tuesday, July 10, 2012

The “Underachiever” Conundrum


The man who has been lauded long for his epochal economic liberalization in India is finally burning out his last trace of fuel. The gargantuan thrust once achieved by him in a time when India was struggling hard with economic devolution has of late lost its sparkle. Perhaps that's the ubiquitous pattern of any economic progress irrespective of geography. But the Time magazine's Asian edition has taken a deeper dig at Manmohan Singh and flaunts its next cover with a photograph of Manmohan Singh coupled with a funky title “The Underachiever” and a more flaky subtitle “India need a reboot. Is Prime Minister Manmohan Singh up to the job?” And that has as if pronounced the gospel of god, the entire media circle and politicians from the Opposition have gone berserk on a normal political commentary of a magazine that aspires to penetrate further during a time when the print magazine industry is receiving a tight competition from its digital and electronic siblings. There is nothing unusual in this piece though. Whatever reported there is nothing more than the essence of myriads of reports on the prime minister published in Indian media during last couple of years. Two things that catches up instantly are the intent and the timing. Though Time is a popular magazine for its unusual coverage and fantastic research on any subject, the usual sin with this media as well is a passion for circulation and undoubtedly that prompts the editorial team to pump in offbeat stories week after week relentlessly.

It's true that India is passing through a turbulent economic phase and for that matter all other countries whether developed or developing are experiencing the same pain due to global recession. The US, the UK and the entire Euro zone, Russia, Brazil, and China are on the same bracket as far as macroeconomic indexes are concerned. So what really prompts the Time magazine's editorial team to zero in on Manmohan Singh is another media scoop. Historically, the Time magazine has a culture to weigh “timing” above the “issue”. Here the issue is about economic fledgling, widespread corruption, and policy paralysis in India. And this hasn't erupted overnight. It's a long process and one wrong decision begetting another. So why then Time has chosen July 16 issue of Asian edition to carry this bomb? Certainly, it's more about the opportunism and like hitting the iron while it's hot. The Time's editorial team has been observing deeply on the economic slowdown of India for a long time and now that it senses the boiling point of commoner reactions is reaching the peak, it chooses the opening of pandora's box. That's a media strategy often used by all and sundry. Although the message is clear and circles around hard facts, the intent is otherwise. Time is no different either.  

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