Yunus steps in

THE 84-year-old Nobel laureate's popularity in Bangladesh is undeniable, yet Muhammad Yunus faces a formidable task in bringing stability to a nation in turmoil. Appointed head of the interim government following the dramatic ouster of long-time Prime Minister Sheikh Hasina, the economist's global acclaim and non-political background make him a unique choice. He has, in recent weeks, warned about the serious regional implications if the unrest continues. The immediate goals before him are crystal clear — restoration of normalcy, ensuring law and order and protection of the vulnerable groups, including the minorities. On test would be Yunus' ability to assert his mortal authority and effectively channel the respect he commands to put an end to the anarchy.

The student movement that triggered Hasina's fall labelled her an authoritarian whose administration was firm in its crackdown on political dissent. New Delhi's attention would be focused on the vision for Bangladesh the interim government advocates, and the leverage Yunus is permitted to emerge as a constructive transition leader. His leadership in the coming days could well determine the course Bangladeshi politics takes in the proclaimed endeavour of a fresh start. Hopes of free and fair elections with reforms of institutions that can hold the leaders accountable would be pitted against the possibility of politics of vendetta and a throwback to a dominant role for extremist elements, with military backing.

During Hasina's tenure, Yunus faced more than 100 lawsuits, which he termed fake. The student leaders insisted on having him as the guiding light. It's a daunting responsibility, with little scope for any false move. India's grave concerns are not limited to the security and wellbeing of its nationals and the minorities in Bangladesh. The consequences of prolonged instability are far too many.