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Maharashtra Assembly polls: It’s BJP vs the rest

October 14, 2014

Modi Maharastra

Mumbai, Oct 14: With the end of campaigning on Monday, Maharashtra braces for an epic poll battle. With a riveting and unprecedented five-way contest, even Mumbai’s bookies are hedging their bets. The splintering of long-standing political alliances, just three weeks before the polls, set the stage for an election which could dramatically alter the State’s political map.

The big question is whether there will be a clear verdict. Much depends on who will benefit from the anti-incumbency factor against the 15-year rule of the Congress-NCP government, and to what extent.

BJP has the edge

Pollsters see a clear edge for the BJP that could emerge as the single-largest party. The BJP has banked heavily on the Narendra Modi juggernaut, with the Prime Minister’s blitzkrieg of 25 rallies in 10 days. By contrast the Congress chief Sonia Gandhi addressed four rallies and vice-president Rahul Gandhi six.

“There is a definite edge for the BJP because Mr. Modi’s honeymoon period has not yet ended. But whether it will get a clear mandate is not clear. Much depends on whether it has a pan-Maharashtra impact and whether the splitting of both alliances will swing votes towards the BJP,” says B. Venkatesh Kumar, political science professor at the Tata Institute of Social Sciences.

In the Lok Sabha polls, the BJP won 23 of the 24 seats it contested from Maharashtra. With the Prime Minister’s larger than life presence, the campaign became Modi versus the rest. The BJP had to fight off the sentiment of wounded Marathi pride fanned by its former ally the Shiv Sena.

Win will strengthen Modi-Shah as poll mascots

With the Prime Minister’s larger than life presence, the campaign for the Maharashtra Assembly polls became Modi versus the rest. The BJP had to fight off the sentiment of wounded Marathi pride fanned by its former ally the Shiv Sena.

Raj Thackeray’s Maharashtra Navnirman Sena (MNS), the NCP and the Congress accused him of trying to divide Maharashtra, forcing the Prime Minister to issue an uncharacteristic denial.

The BJP is hoping for a repeat of its Lok Sabha success, an antidote to its recent by-election reverses. In the Lok Sabha polls, the BJP won 23 of the 24 seats it contested from Maharashtra.

“There is a definite edge for the BJP because Mr. Modi’s honeymoon period has not yet ended. But whether it will get a clear mandate is not clear. Much depends on whether it has a pan-Maharashtra impact and whether the splitting of both alliances will swing votes towards the BJP,” says B. Venkatesh Kumar, political science professor at the Tata Institute of Social Sciences.

A win in this key State will cement the position of both Mr. Modi and party president Amit Shah as election mascots within the BJP.

However, the lack of strong leadership within the State after the death of Gopinath Munde and the party’s going back and forth on the issue of Vidarbha’s statehood could upset the party’s calculations.

If no clear mandate emerges, the post-poll picture will depend entirely on the numbers with each party. The party with the largest number of seats could form the government with the help of Independents and smaller parties. The BJP and the Shiv Sena could patch up, setting aside the bitterness during the campaign. Or non-BJP parties could try and form an alliance, with signs of a rapprochement between the Shiv Sena and the MNS. Many feel the NCP could join this camp though the party has strongly denied this. If all else fails, the State could well be in for another spell of President’s Rule.

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Maharashtra Assembly polls: It’s BJP vs the rest

Mumbai, Oct 14: With the end of campaigning on Monday, Maharashtra braces for an epic poll battle. With a riveting and unprecedented five-way contest, even Mumbai’s bookies are hedging their bets. The splintering of long-standing political alliances, just three weeks before the polls, set the stage for an election which could dramatically alter the State’s political map.

The big question is whether there will be a clear verdict. Much depends on who will benefit from the anti-incumbency factor against the 15-year rule of the Congress-NCP government, and to what extent.

BJP has the edge

Pollsters see a clear edge for the BJP that could emerge as the single-largest party. The BJP has banked heavily on the Narendra Modi juggernaut, with the Prime Minister’s blitzkrieg of 25 rallies in 10 days. By contrast the Congress chief Sonia Gandhi addressed four rallies and vice-president Rahul Gandhi six.

“There is a definite edge for the BJP because Mr. Modi’s honeymoon period has not yet ended. But whether it will get a clear mandate is not clear. Much depends on whether it has a pan-Maharashtra impact and whether the splitting of both alliances will swing votes towards the BJP,” says B. Venkatesh Kumar, political science professor at the Tata Institute of Social Sciences.

In the Lok Sabha polls, the BJP won 23 of the 24 seats it contested from Maharashtra. With the Prime Minister’s larger than life presence, the campaign became Modi versus the rest. The BJP had to fight off the sentiment of wounded Marathi pride fanned by its former ally the Shiv Sena.

Win will strengthen Modi-Shah as poll mascots

With the Prime Minister’s larger than life presence, the campaign for the Maharashtra Assembly polls became Modi versus the rest. The BJP had to fight off the sentiment of wounded Marathi pride fanned by its former ally the Shiv Sena.

Raj Thackeray’s Maharashtra Navnirman Sena (MNS), the NCP and the Congress accused him of trying to divide Maharashtra, forcing the Prime Minister to issue an uncharacteristic denial.

The BJP is hoping for a repeat of its Lok Sabha success, an antidote to its recent by-election reverses. In the Lok Sabha polls, the BJP won 23 of the 24 seats it contested from Maharashtra.

“There is a definite edge for the BJP because Mr. Modi’s honeymoon period has not yet ended. But whether it will get a clear mandate is not clear. Much depends on whether it has a pan-Maharashtra impact and whether the splitting of both alliances will swing votes towards the BJP,” says B. Venkatesh Kumar, political science professor at the Tata Institute of Social Sciences.

A win in this key State will cement the position of both Mr. Modi and party president Amit Shah as election mascots within the BJP.

However, the lack of strong leadership within the State after the death of Gopinath Munde and the party’s going back and forth on the issue of Vidarbha’s statehood could upset the party’s calculations.

If no clear mandate emerges, the post-poll picture will depend entirely on the numbers with each party. The party with the largest number of seats could form the government with the help of Independents and smaller parties. The BJP and the Shiv Sena could patch up, setting aside the bitterness during the campaign. Or non-BJP parties could try and form an alliance, with signs of a rapprochement between the Shiv Sena and the MNS. Many feel the NCP could join this camp though the party has strongly denied this. If all else fails, the State could well be in for another spell of President’s Rule.

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News Network
February 3,2020

Mumbai, Feb 3: Maharashtra Chief Minister Uddhav Thackeray, whose party severed ties with the BJP after the state elections, on Monday said that if somebody breaks a promise, "pain and anger is obvious".

"No, I did not get any shock," Thackeray said in an interview with Shiv Sena mouthpiece Saamana while talking about forming an alliance with NCP and Congress, and becoming the Maharashtra Chief Minister.

"I am a son of Shiv Sena Pramukh (Balasaheb Thackeray), several people tried to give a shock to me but they didn't succeed. This is a field where you have to accept in the beginning that there will be a bit pushing and pulling," Thackeray said.

He added that accepting the Chief Minister's post was not a shock for him and neither was it his "dream at any point of time".

"But I can say one thing for sure that I had decided to go to any level to fulfil the promise which I made to Balasaheb Thackeray. I want to further clear it that me becoming Chief Minister is not the fulfilling of the promise made to Shiv Sena Pramukh but it's just a step towards that. I will fulfil every promise which I made to my father," Uddhav Thackeray said.

"There are several types of shock. Did people like it or not, it is the important part. I have spoken on this issue (alliance with NCP and Congress) several times and even people have understood this. Making promises and keeping them are two different things. If someone breaks a promise, pain and anger is obvious," he added.

The Chief Minister said that he does not know if BJP "has come out their shock till now or not."

"But I have to say if they had kept their promise what would have happened, what a big deal had I asked for? Did I ask for stars and moon? I only asked for what was decided before Lok Sabha polls, when we decided seat distribution," he said.

He further said, "Maharashtra and the country are watching (who betrayed/shocked whom), I don't need to say much on this."

Soon after the Assembly election results, Shiv Sena demanded rotation of the chief minister's post and equal power-sharing in the state government, which was rejected by then ally BJP. The weeks of political stalemate led to the imposition of President's rule on November 13.

Firm on its demands, Sena, the second-largest party in the state, did not hesitate to cobble up with the ideological opponents -- NCP and Congress -- and was given the chief minister's post.

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News Network
February 28,2020

Feb 28: The best economic tonic for the coronavirus shock is to contain its spread and worry about stimulus later, said Raghuram Rajan, former head of the Reserve Bank of India.

There’s little central banks can do, and while more government spending would help, the priority should be on convincing companies and households that the virus is under control, he said.

“People want to have a sense that there is a limit to the spread of this virus perhaps because of containment measures or because there is hope that some kind of viral solution can be found,” Rajan told Bloomberg Television’s Haidi Stroud Watts and Shery Ahn.

“At this point I would say the best thing that governments can do is to really fight the epidemic rather than worry about stimulus measures that comes later,” said Rajan, who is currently a professor at the Chicago Booth School of Business.

The spread of coronavirus is pushing the world economy toward its worst performance since the financial crisis more than a decade ago.

Bank of America Corp. economists warned clients Thursday that they now expect 2.8% global growth this year, the weakest since 2009.

“We have moved from extreme confidence in markets to extreme panic, all in the space of one week,” said Rajan, who previously was chief economist at the International Monetary Fund.

The virus outbreak will force companies to rethink supply chains and overseas production facilities, he said.

“I think we will see a lot of rethinking on this, coming on the back of the trade disruption, now we have this,” Rajan said. “Globalization in production is going to be hit quite badly.”

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News Network
June 19,2020

Kolkata, Jun 19: The nationwide clamour for boycott of Chinese goods is getting louder amid the Ladakh face-off, with traders urging the Centre to direct e-commerce firms to restrict the sale of items from the Dragonland, which imports products worth USD 74 billion to India annually.

Of the total import from China, retail traders sell goods worth around USD 17 billion, mostly comprising toys, household items, mobiles, electric and electronic goods and cosmetics among other things, which could possibly be replaced by Indian products, a national trading body said.

"We, at 'Federation of All India Vyapar Mandal', are advising our members to clear their stocks of Chinese products and refrain from placing fresh orders. We are also requesting the government to restrict e-commerce companies from selling Chinese products," V K Bansal, the association's general secretary, told PTI.

Sushil Poddar, the president of the Confederation of West Bengal Traders Association, said its members have been told to shun trading in Chinese goods as much as possible.

Another national traders' body, The Confederation of All India Traders (CAIT), has decided to step up its movement against the boycott of Chinese goods, under its campaign 'Bhartiya Samaan-Hamara Abhimaan'.

It released a list of over 450 broad categories of commodities, comprising 3,000 Chinese products.

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