Tag: Indian National Congress
Now the Bulls will roar – Sensex Outlook after elections
by Hemz on May.17, 2009, under Indianomics
Now that every one knows what happened yesterday all of you people will be guessing what will happen to Sensex, the benchmark index. If you do not know; the Great Indian Elections that were held in four phases last month where the United Progressive Alliance, led by Congress won with majority defeating BJP and others who posed a threat on them.
Given that Dalal street has a soft corner for Congress and vice – versa, the Sensex will gain more. From my earlier prediction, I said that Sensex will gain up to 15,000 levels by the end of the June. However looking at the volatility in the market, I will revise it to a more modest 13,800 levels. But I would also like to maintain that Sensex may cross the 14,200 mark and may even go up to 15,000 levels.
Manmohan is back with a Bang! BJP down, Left Red faced
by Hemz on May.16, 2009, under Indianomics
The Great Indian Elections, 2009 in a nut shell…
Sorry for not writing for a week. I was so tensed about what out come would be today that I missed my dinner yesterday. Of course, I am kidding.
Well, its now out that Manmohan will extend his term as the Prime Minister of India. The UPA has emerged victorious as it was predicted.
BJP called a press meet and announced that they take this loss and voved to come back next time. BJP is now geared to take up the seat of opposition.
The Left was left Red faced after seeing the results. So much so that, they need more time to think and come up with a reason for their failure.
The fourth front lived up to their name… stood forth.
The final numbers stands as follows.
| UPA | NDA | Third Front | Fourth Front |
| 259 | 163 | 77 | 30 |
| Party | Wins | Leads |
| INC | 204 | 1 |
| BJP | 116 | 0 |
| Others | 26 | 0 |
| SP | 22 | 1 |
| BSP | 21 | 0 |
| JD(U) | 20 | 0 |
| TMC | 19 | 0 |
| DMK | 18 | 0 |
| CPI(M) | 17 | 0 |
| BJD | 13 | 1 |
| SS | 11 | 0 |
| AIADMK | 9 | 0 |
| NCP | 9 | 0 |
| Independent(s) | 9 | 0 |
| TDP | 6 |
The Great Indian Elections
by Hemz on Apr.25, 2009, under Indianomics
And since the Great Indian Elections for the year 2009 is underway, I thought who should actually win. So what do you think about this Great Indian Elections. Your Comments and Suggestions / Feedback are welcome.
Let us take things by one political party.
Indian National Congress (Congress)
INC is again front runner this year to win the elections but it will only be able to form a government in collision. The choice of Collision partners should be carefully undertaken. Congress had received setback in the last elections tenure after Left had revoked their support for the Government.
Good Bits: Increased Youth participation, Rahul Gandhi
Bad Bits: Still reliance on Oldies, Bad Economy.
Prime ministerial Candidate: Manmohan Singh
Kingmakers for Congress: Praja Rajyam, JMM, TDP, SP
Bharatiya Janata Party (BJP)
BJP this time around is sounding different, but looks same. With more than required promises, this year they have even encompassed Congress. What’s more is the claim that BJP will bring in the money from Swiss Bank to fund its ambitious plan for the Great Indian Family.
Good Bits: Good IT runway vision for India, Narendra Modi
Bad Bits: Non Transparent Performance, Very old leaders, Varun Gandhi, Larger than Life Promises
Prime ministerial Candidate: Lal Krishna Advani
Kingmakers for BJP: Left, TDP
The Third Front
These guys are largely seen to become the spoil makers, with Buddhadeb claiming that he is largely hopeful of this front coming to power. With the formation of a third political vertical, the things will become more chaotic. However, interestingly this front will be a group of several small political parties.
The front is being leaded by the Left and is followed by NCP, AIADMK, JDU and like minded similar parties. It is also largely possible that a Left Prime Minister
The Prime Ministerial Candidates:
Apart from Manmohan Singh and Advani, Sharad Pawar, Mayawati and Nitish Kumar are in race for the Indian top post. If the third front comes into power, then there is a strong possibility that Buddhadeb Bhattacharya will move in for the top post.
While it is easy to understand the support for Singh and Advani, others’ possibility is a complex alliance and support. Which brings us the to the new alternative political pot-boiler at a national level, The Fourth Front.
Fourth Front
This game will be played around Nitish Kumar of JD (U), the current Chief Minister of Bihar. If ever this situation arises (Cong, BJP and Left ruled out as incapable to form Govt.), he will be supported by TDP, AIADMK, BJD, AGP, NDA allies with support of BJP. It would be crucial for him to take Left or BSP in his side and convince them so that he can take the top post.
Conclusion:
Ideally, full national parties should come to power. That means, a Congress or BJP powered party should come to power. However, it is highly unlikely. I would favor a Collision between BJP and Congress, again which is highly unlikely. If performance of Nitish Kumar as the cheif minister of Bihar is anything go by, then I think that is an option we should be more open towards given that there are no two National Parties getting a chance to form a government.
A Full 752 Political Parties
There are a total of 752 Political parties in India. Are you wondering that this much even exist? Yes, this much political parties are registered with the Election Commission.
Are Indian Elections a Slug Fest?
by Hemz on Apr.25, 2009, under Indianomics
When elections come near, the whole country’s news channels start broadcasting the SlugFestival of 2009!
L. K. Advani of , Manmohan Singh, Sonia Gandhi, Priyanka and Rahul Gandhi, Arun Jaitely and almost all of important leaders of the polical parties in India were exchanging ire in a bid to voo voters to vote. While some of these are famous, some were relatively unknown till now. Few high points have been the Weak PM remark BJP’s Advani, the Shoe Gate, Kandhar Hijack on Advani and BJP by Congress (INC) etc…
As Soumyarka Gupta (wrote in DNA, Mumbai today) put it “It’s been five years and the circus is back in town”
You can see it in full force with all bells and whistles blowing hard and long. Its only during these elections that you find new friends and foes. People from your own party turn foes when they don’t get a ticket. Even if you are the brother of ex chief minister of Bihar. And the rivals are just waiting to offer you a ticket.
How much of these ever do succeed? I wish I had the answer.
A Change!
My Foot. Every body is saying that we will give you a change that you need. Every one is promising that they can.
If they could have, why not do it when they had the power. Neither the parties are clean, nor their candidates. Why do you allow a criminal to fight elections? And those who have clean records are not entertained. The guy who is contesting elections have never visited our locality (is what i have known). I did get a letter which was delivered by a “Karyakarta” on his behalf. But there was no one who could listen to what I wished to say. I had went to the offices of the two parties which are in our locality only to find that there is no one around. Every one is busy with some work or attending the promotion meet.
Most of the constituencies still witness chores of complaints from Voters who do not figure in the list. The government appointed nominess do not speed up the process of validatating the electroll list and including those who have been missed out. While they are not delibrately doing it, but they are delibrately lazy.
Hope you guys go and vote for the Indian Elections and excersise your franchise (who ever can). Vote for the sake of next five years.