Up the down staircase

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SummaryThe state of the Indian economy has given employment to a host of people.

As electoral politics heats up and the economy freezes, fortunes will rise and fall. We have already seen that with our politicians and cricketers. It’s tough times for most but as in all crises, some gain while others lose. Here’s the latest risk assessment from rating agency, Standard and Very Poor, which tells us who’s up and who’s down this week.

Who’s up?

Psephologists: Currently in peak demand and elevating our evenings with their TV appearances, where, like magicians, they dazzle us with their number juggling and swingometers and, their latest trick, the invisible NaMo factor. With excitable anchors alongside to give them vocal support and sets that remind us of Star Wars, psephology has started to rival Kaun Banega Crorepati, which is what most election winners tend to become.

Political analysts: Like psephologists, they are increasingly in demand as politics heats up. Every word, every gesture by the main players — from raised eyebrows to lowered expectations — is analysed and discussed threadbare with the help of talking heads who are meant to add clarity and comprehension, but instead give us chaos and cacophony.

Economic analysts: The state of the Indian economy has given employment to a host of analysts, opinion writers, TV panelists, columnists, experts and anyone who lived near the Delhi School of Economics. They have together given us the following options. A: We are neck deep in manure; B: India has survived better than most countries; C: Green shoots have been spotted; D: The Raghuram Rajan Effect will take us to financial paradise; E: We are on the edge of the fiscal cliff and the manure can only go higher. Take your pick.

Onion sellers: With the way prices are headed, everybody’s goose is getting cooked while onion sellers peel large slices out of household budgets. And now we have conspiracy theories being stirred up with the Congress accusing the BJP of buying and hoarding onions to discredit its governments. One doesn’t know whether to laugh or cry.

AAP: The new broom that has been introduced to clean up the garbage in Indian politics. Better known as Aam

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