Daily News Online
 

DateLine Friday, 17 April 2009

News Bar »

News: First visit by a head of state: President in Kilinochchi ...        Security: Over 100 civilians seek Forces’ protection ...       Business: Lanka is self-sufficient in maize ...        Sports: Vital exposure for Lankan youth team ...

Home

 | SHARE MARKET  | EXCHANGE RATE  | TRADING  | PICTURE GALLERY  | ARCHIVES | 

dailynews
 ONLINE


OTHER PUBLICATIONS


OTHER LINKS

Marriage Proposals
Classified
Government Gazette

Signs of splintered result: unsteady coalition:

India flags off elections

INDIA: India kicks off month-long elections Thursday, with all signs pointing to a splintered result and government by an unsteady coalition that would struggle to see out a full term.

Neither of the two main national parties — the incumbent Congress and the Hindu nationalist Bharatiya Janata Party (BJP) — is seen as capable of securing an absolute majority in the five-stage polls.

With a slew of regional and local parties expected to grab up to 50 percent of the 543 parliamentary seats on offer, the final result will kick off an intense period of political horse-trading as the big players rush to form a viable coalition.

The prospect of a patchwork government with no united policy is a bleak one, with India facing a sharp economic downturn and increasing domestic and regional security concerns.

“What we need is a government which will pull India through these difficult times,” said political analyst Rasheed Kidwai.

“The tragedy is that the influence of the main national parties has shrunk so much.

“The regional parties which are on the rise, are without the national outlook needed at this stage,” Kidwai said.

More than 700 million Indians are eligible to vote in the world’s largest democratic exercise, with around 143 million registered for the first phase alone.

Thursday’s ballot will take in large swathes of northern and eastern India, including areas beset by a range of violent insurgencies involving tribal rebels, Maoist guerrillas and Muslim militants.

In order to ensure voter safety, more than two million security personnel will be rotated around the country over the five phases of balloting that end on May 13. Final results are to be announced on May 16.

The leading candidates for prime minister are both veterans. The incumbent, Manmohan Singh of the Congress Party, is 76, while his main challenger, the BJP’s L.K. Advani, is even older at 81.

The only viable alternative to a Congress- or BJP-led coalition is provided by a loose alliance of left-leaning and regional parties called the “Third Front.”

Negotiations are ongoing, but the alliance may join forces with Mayawati Kumari — the self-styled champion of the lower castes.

Yashwant Deshmukh, who heads a public polling agency, warned that a shaky coalition would be unable to implement tough economic reforms for fear of losing support.

“If you have an unstable government, chances are that the decisions it takes will be populist and protectionist in nature, and that will impact adversely on market reforms,” Deshmukh said.

Many voters are expected to make their choices along religious and caste lines or on the basis of strictly regional issues that impact their daily lives.

Any new government’s room to fix problems will be sharply curbed by lavish spending in the past on a national jobs scheme, farm loan waivers, civil service wages hikes, tax cuts to spur growth and other steps.

India’s fiscal deficit for the last financial year was six percent of GDP — more than double the target — and 11 percent if the states’ deficits are included. New Delhi, Thursday, AFP

EMAIL |   PRINTABLE VIEW | FEEDBACK

Gamin Gamata - Presidential Community & Welfare Service
Ceylinco Banyan Villas
www.lankafood.com
LANKAPUVATH - National News Agency of Sri Lanka
www.peaceinsrilanka.org
www.army.lk
www.news.lk
www.defence.lk
Donate Now | defence.lk
www.apiwenuwenapi.co.uk

| News | Editorial | Business | Features | Political | Security | Sport | World | Letters | Obituaries |

Produced by Lake House Copyright © 2009 The Associated Newspapers of Ceylon Ltd.

Comments and suggestions to : Web Editor