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By:

Abhijit Mulye

21 August 2024 at 11:29:11 am

From Tears to Tussle

Inside the ruthless succession war for the soul of the NCP Mumbai: In a significant revelation that sheds light on the internal fractures of Maharashtra’s most prominent political dynasty, a senior Nationalist Congress Party (NCP) leader has disclosed that a merger between the two rival factions was nearly finalised following the tragic death of Ajit Pawar, only to be derailed by a bitter battle for leadership. Speaking on the condition of anonymity, the leader revealed that while the state...

From Tears to Tussle

Inside the ruthless succession war for the soul of the NCP Mumbai: In a significant revelation that sheds light on the internal fractures of Maharashtra’s most prominent political dynasty, a senior Nationalist Congress Party (NCP) leader has disclosed that a merger between the two rival factions was nearly finalised following the tragic death of Ajit Pawar, only to be derailed by a bitter battle for leadership. Speaking on the condition of anonymity, the leader revealed that while the state mourned the loss of the Deputy Chief Minister in a plane crash two months ago, a high-stakes power struggle was unfolding behind the scenes, ultimately leading to the “hasty” swearing-in of Sunetra Pawar as his successor. The senior leader’s comments come at a time when the Pawar family and NCP workers have been sharing deeply emotional tributes to mark two months since the January 28 disaster. However, beneath the public display of grief lies a complex story of shifting allegiances. According to the leader, the period immediately following the crash was “extremely fluid”. At the time, Ajit Pawar’s sudden absence had created a vacuum that many believed would naturally be filled by the senior leadership of the NCP-SP faction, including Sharad Pawar and Supriya Sule. “Indeed, there were talks of a merger, and Dada (Ajit Pawar) himself had been involved in those negotiations before the accident,” the leader remarked. However, the dynamics changed rapidly when the Ajit Pawar faction realized that their identity and future could be swallowed whole if they did not act quickly to secure their own leadership. This realization reportedly led to the decision to install Sunetra Pawar as the Deputy Chief Minister just three days after the tragedy. Immediate Stability The move was intended to provide immediate stability and ensure that the leadership remained within Ajit Pawar’s immediate family. A particularly poignant detail revealed by the senior leader was the absence of the Sharad Pawar family at Sunetra Pawar’s swearing-in ceremony at Lok Bhavan on January 31. Despite the best efforts of Ajit’s elder son, Parth Pawar, who was reportedly seen “pursuing and trying to convince” his relatives to attend as a show of family unity, Sharad Pawar, Supriya Sule, and Rohit Pawar remained conspicuous by their absence. “That was very unfortunate and came as a shock to many of us who have spent decades with the family,” the leader stated, adding that this absence signaled the end of the brief window for an easy merger. This political friction stands in stark contrast to the heart-wrenching scenes witnessed during the last rites in Baramati. At the funeral, Supriya Sule was seen breaking down in uncontrollable tears, holding Sunetra Pawar’s hand in a display of what many thought was a permanent reconciliation. Rohit Pawar had also shared a viral social media post expressing his inability to even use the prefix “late” for his uncle, stating that he lacked the courage to see Ajit Pawar’s name written that way and that “Dada” would always live on through his work. However, as the senior leader noted, the narrative shifted dramatically once the Sharad Pawar faction realized that the leadership of the NCP would not be handed to them on a platter. What began as talk of family unity and political merger soon pivoted to a darker narrative. Rohit Pawar recently filed a “Zero FIR” in Bengaluru, alleging a “larger criminal conspiracy” behind the plane crash, citing technical lapses and suspicious flight data. This move is seen by many in the NCP as a strategic shift to delegitimize the current leadership and keep the pressure on the Mahayuti government. Undisputed Leader For now, the senior leader remains firm: Sunetra Pawar is the undisputed leader of the NCP, and any future talks of a merger must be conducted on her terms. “If anyone seeks a merger now, they will have to talk to her. She is our leader, and she will take the final call,” the leader concluded, indicating that while the doors for dialogue are not entirely closed, the “natural” transition the other faction expected has been firmly blocked by the rise of Maharashtra’s first woman Deputy Chief Minister. Moving tribute to Ajit Pawar On Saturday, marking exactly two months since the tragic passing of Deputy Chief Minister Ajit Pawar in a plane crash, his family members shared moving tributes reflecting on his legacy and the void left by his absence. Sunetra Pawar, who recently stepped into the role of Deputy Chief Minister to carry forward her husband’s work, shared a deeply emotional message on social media. She expressed that while two months have passed, the pain of the loss remains as fresh as the day of the accident. Describing Ajit Pawar as her constant “guiding beacon,” she noted that the passage of time has not diminished his presence in her thoughts. She reaffirmed her solemn commitment to fulfilling his unfulfilled dreams for the development of Maharashtra, particularly for farmers and the youth, while drawing strength from his disciplined and dedicated style of functioning to navigate her new responsibilities. NCP (SP) leader Supriya Sule paid tribute to her “Dada” by emphasising the need for truth and justice. In her reflections, she described him as a pillar of the family whose sudden departure has left everyone devastated. Beyond the personal grief, she utilized the occasion to raise significant concerns in Parliament regarding the transparency of the ongoing investigation into the Baramati plane crash. She asserted that the most fitting tribute to a leader of his stature would be a time-bound and thorough inquiry into the circumstances of the accident. Her tribute balanced the sorrow of a sister with a firm demand for accountability to ensure such a tragedy never recurs. Rohit Pawar’s tribute was characterised by a mix of profound grief and a fierce determination to seek answers. He recalled the personal guidance he received from his uncle, reminiscing about small yet significant moments and the weight of his “authoritative voice” that once commanded the state’s administration. On this two-month mark, he remained vocal about his suspicions surrounding the technical safety of the aircraft, describing the loss as an “irreparable blow” to the state’s political landscape. He vowed to keep his uncle’s memory alive not just through words, but by relentlessly pursuing the “Zero FIR” investigation to ensure that the facts behind the crash are brought to light.

Mangoes and Wealth Creation

Every summer, as crates of golden mangoes make their way into our homes and hearts, they remind us of a simple truth - good things take time. The sweetness of a mango is earned, not rushed. And in that lies one of the most underrated lessons of investing.


The Mango Tree Lesson

Imagine planting a mango tree. You water it regularly, protect it from pests, and make sure it gets enough sunlight. But no matter how eager you are, you cannot force it to bear fruit immediately. The tree grows at its own pace. Yet when the right season arrives, and it has received enough patience and care, it gives back generously.


Investing Works the Same Way

Investing works in a very similar way. We start SIPs in mutual funds, buy stocks, or allocate money to gold and then, like anxious gardeners, keep checking every few weeks. Has it grown? Should I book profits? Should I shift my money somewhere else if investments are not growing? The urge to pluck returns before they are ready is difficult to resist.


Do Not Pull Out Too Early

But withdrawing too early can cost you the magic of compounding that only time can create. It is like biting into an unripe mango - sour, disappointing, and completely avoidable.


Markets Have Seasons Too

The markets, too, have their seasons. There will be sunshine and storms. There will be volatility, corrections, and dry spells. But if you have planted your financial tree in good soil - diversified, goal-aligned, and thoughtfully selected investments - then your role is to nurture it and allow it to grow.


Activity Is Not Always Progress

Do not mistake activity for progress. Constantly switching funds, trying to time entries and exits, or chasing short-term trends may feel productive, but often does more harm than good. In investing, as in nature, time is the best fund manager.


The Real Reward of Waiting

So the next time you feel tempted to judge your portfolio too quickly, remember the mango. Let it ripen. Let it mature. The real rewards are not always visible immediately. They are built quietly, steadily, and patiently over time. In both mangoes and money, the sweetest outcomes are reserved for those who wait.


The Practical Takeaway

The practical takeaway is equally important. For short-term goals, especially those within the next three years, it is better to use bank RDs, FDs, or debt mutual funds. For long-term goals, hybrid funds, equity mutual funds, direct equities, and gold can play a meaningful role. The right mix ensures your money is working efficiently for your future.


Four Simple Actions

For the above-mentioned long-term assets, focus on four simple actions - start sufficient SIPs, increase them every 12 months, add lumpsum investments alongside SIPs whenever possible, and most importantly, stay invested.


The Value of Guidance

Finally, do not underestimate the value of a trusted financial advisor. Their education, wisdom, expertise, and experience can help you nurture your financial tree with confidence and turn it into a fruitful legacy.


(The writer is a Chartered Accountant and CFA (USA). Financial Advisor. Views personal. He could be reached on 9833133605.)

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