Finance minister Pranab Mukherjee remained firmly entrenched as the nation’s top newsmaker in January as the annual budget exercise approached and concerns rose that the government may withdraw fiscal stimulus measures it ordered to bolster economic growth.
Mukherjee, who will present the Budget in Parliament on 26 February, was cited 375 times in the global media and 890 times in the Indian media last month. With 143 citations in the global media and 254 in the Indian media, commerce minister Anand Sharma was a distant second from among Mint’s 20-member group of influencers.
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Reserve Bank of India (RBI) governor D. Subbarao and State Bank of India chief O.P. Bhatt also figured among the top 10 amid concerns over monetary policy tightening in a month in which RBI raised the proportion of deposits that banks must maintain with the central bank by three quarters of a percentage point.
The Mint Influencers Index is a monthly objective measure based on media analysis by Dow Jones Insight, which tracks these leaders, looking at the volume of media citings for each of them as a proxy for their rising or waning influence. The assumption is that visibility and share of voice is good for them and their companies. In the case of global media, the Index is collectively a surrogate for growing or waning interest in India.
Graphics by Ahmed Raza Khan/Mint
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