LARGE FPI PULLOUT, GOLD IMPORT SURGE PORTEND POLITICAL POWER CHANGE AT THE CENTRE
BJP-LED NDA FACES A BIG CHALLENGE FROM THE OPPOSITION COMBINE, INDIA
2024-05-20 11:31
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Any prediction of the possible outcome of the ongoing Parliamentary election is becoming increasingly tough in the absence of a visible wave in favour of either the rightist Bharatiya Janata Party-led National Democratic Alliance (NDA) or its principal opposition, a 26-party political combine, Indian National Development Inclusive Alliance (INDIA). The latter is represented by chief ministers of as many as seven states and 142 members of the last Parliament. The falling voter turnout in the first three phases of election, this time, has become a further cause of concern for both the NDA and INDIA. An overall five to six percent voter dropout should seriously impact the number game of either the NDA or INDIA. Publicly, both the groups are aspiring to have a final strength of 300 members each although there are only 543 parliamentary constituencies. To form the next government, a political combine would need to win at least 272 seats. A government will look more stable if its number of Lok Sabha MPs surpasses 300.