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An insight into the biggest political parties of India

The next state polls of 2018 will be an acid test for Rahul Gandhi to prove his mettle as a leader

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The recent clash of BJP and Congress have re-balanced the political scenario of India. Wikimedia Commons
The recent clash of BJP and Congress have re-balanced the political scenario of India. Wikimedia Commons
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NEW DELHI: Indian being a political democratic country, houses a lot of political parties. Since independence, many new parties have emerged to take up the fight for various sections of the society. One of the examples of such a party is AAP (Aam Admi Party). AAP came up with strong political ethics to root out issues faced by a commons man but now the very existence of this party is in question due to poor performance and incompetence of some of its top leaders. But the most prominent of all of the political parties in India are BJP (Bharatiya Janta Party) and the Indian National Congress.

BJP encouraged the construction of the temple of God Rama at the site of the Babri Masjid. Wikimedia Commons
BJP encouraged the construction of the temple of God Rama at the site of the Babri Masjid. Wikimedia Commons

In 1980, BJP surfaced from a former party known as Bharatiya Jana Sangh which was founded by Syama Prasad Mookerjee. BJP’s agenda during the 1980s focused on the ‘Ram Janambhoomi movement’. The party encouraged the construction of the temple of God Rama at the site of the Babri Masjid. This issue gave the Hindu colour denomination to BJP and in 1996; it emerged as the largest party in the parliament. After being kept away from the power for long, Narendra Modi led the BJP to unprecedented heights in the last elections and the competition was put up by him was unmatchable.

On the other hand, Congress is a more matured political party of India. It got established in the year 1885. After the independence, Pt. Jawaharlal Nehru became the leader of free India. Nehru was the front face of the political governance in India but after his assassination, his daughter Indira Gandhi took the charge and became the prime minister in 1966. Unfortunately, Indira Gandhi also got assassinated and her son, Rajiv Gandhi took up the reigns of the party. In the sequence of assassination, Rajiv Gandhi was the next target. Sonia Gandhi came to power in 1998 and she led the party from the front in 2004 elections. This resulted in the political rule of Congress under Manmohan Singh.

After the independence, Congress head Pt. Jawaharlal Nehru became the leader of free India. Wikimedia Commons
After the independence, Congress head Pt. Jawaharlal Nehru became the leader of free India. Wikimedia Commons

The recent Assembly election of Gujarat was a real eye-opener for many, as the people’s right to vote was seen quite considerably y exercised. The Congress resistance in the very own fortress of Narendra Modi was a heavy blow to the Modi wave that swept the country. Although, BJP had the last laugh in the election results but the close fight Syama Prasad Mookerjee from the Congress side was appreciable. The new trend seems to be rebalancing the political scenario in India. The tussle between the BJP and Congress will definitely go down in the history of Indian politics.

Nowadays, Twitter is another playground for political parties. The rule of social media platforms has pushed Indian leaders to communicate in the same manner. It’s vividly seen that people take up to twitter to express their views and differences. Rahul Gandhi vetted his displeasure over the performance of BJP in the latest series of attacks by Rahul against Prime Minister Modi.

Last month only, Rahul Gandhi was crowned as the party head. Therefore, the state polls of 2018 will be an acid test for Rahul to prove his mettle as a leader. It will be interesting to see the new strategies that will be deployed by Congress to take an edge over their arch rivals, BJP.

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Fall Of The Currency And Increase In Oil Prices: India ‘s Turmoil

The falling rupee has given a boost to some of India’s most lucrative exports, such as software services and pharmaceuticals, which add up to billions of dollars.

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Rajesh Kumar, left, shares a ride to work with another employee, Dilip Swain, right, as higher petrol prices in India begin to be felt in people's pocketbooks.VOA

The fall of the currency of India to record lows and rising global oil prices have raised worries that the world’s fastest growing economy faces headwinds that could hurt the fortunes of Prime Minister Narendra Modi’s party in next year’s general elections.

From people filling fuel at gas stations to thousands of students heading out to study overseas, the impact of the slumping rupee is sparking discontent.

Having plunged by about 12 percent against the dollar this year, the rupee is one of Asia’s worst faring currencies, and as in other countries, the slide has accelerated since the crash of the Turkish lira.

“The reasons are global. We must bear in mind that in last few months, dollar has strengthened against almost every currency,” said Finance Minister Arun Jaitley recently as he tried to send out reassuring signals that India’s economy is on track.

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The rupee has plunged by about 12 percent this year raising fears of spiraling inflation. VOA

The rupee’s sharp depreciation comes at a time when the economy had recovered from a slowdown and surged to a two-year high in the quarter that ended in June. Forecasts put growth for this year at 7.5 percent.

Economy will slow

But economists warn this momentum will be difficult to sustain as the tumbling rupee, along with rising crude oil prices, takes a toll on growth. India, the world’s third largest oil importer, gets almost 80 percent of its fuel needs overseas.

“The government needs to mellow down on growth aspirations,” said N.R. Bhanumurthy, economist with the National Institute of Public Finance and Policy. “The growth needs to come down to a little less than 7 percent.”

Even as the government faces the prospect of a slowing economy, it is under pressure to lower taxes on gas and diesel to bring down the sharp rise in prices. Fuel is one of the most heavily taxed items in India, with rates as high as nearly 50 percent. Prices vary from state to state, but they have gone up by about 14 percent this year.

Hoping to cash in on the growing disaffection over the surge in fuel prices and the sliding rupee, opposition parties led nationwide protests that shutdown offices and schools in several cities this week.

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Discontent with spiraling fuel prices poses a challenge to Prime Minister Modi’s Bharatiya Janata Party ahead of general elections next year. VOA

The government dismissed the protests, saying that although people faced momentary difficulties, they understood they were because of factors beyond its control.

Political analysts are not so sure, pointing out that fuel prices are a politically sensitive issue in India and usually result in a spike in inflation.

“Anger is rising, there is resentment,” said Satish Misra at the Observer Research Foundation, warning the ruling party will face a backlash “Obviously that is going to have a negative impact on the electoral fortunes of the Bharatiya Janata Party, there is no doubt about that.”

Warnings from economists

Among those who are upset with the high fuel prices is Rajesh Kumar, who commutes 30 kilometers to the advertising agency where he works. Hit by the higher prices that eat into his income, he has started sharing the ride with another employee.

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Narendra Modi. Wikimedia Commons

“I have given up the idea of buying another car,” he said despondently. “I will not be able to afford the cost of running it.”

Economists however have warned the government against giving in to populist pressures ahead of a series of state polls later this year and general elections around April next year. They say lowering taxes on fuel or taking measures to prop up the currency will strain the country’s finances and hurt the economy in the long run.

Also Read: Diverse Gathering To Be Addressed This World BioFuel Day: PM Narendra Modi

“One needs to be more careful and vigilant,” Bhanumurthy said. “It is easy for India to stay with low growth than experiencing the high deficit.”

But there is also some good news for the Indian economy. The falling rupee has given a boost to some of India’s most lucrative exports, such as software services and pharmaceuticals, which add up to billions of dollars. (VOA)