- Business Monitor international ltd www.businessmonitor.com poLiticaL outLooK These polling numbers would suggest that the BJP currently has the upper hand against the INC. ...The opposition party s performance in the ---- state elections earlier this year was extremely disappointing (see our online service, May -- ----, `Assembly Elections: Key Investor Takeaways ). Nevertheless, with high-profile corruption scandals continuing to plague the government, and with Modi handed a reprieve by the Supreme Court on charges of allegedly inciting anti-Muslim riots in Gujarat in ----, the BJP is certainly in better shape now to take on the INC and its partners at the ballot box. The first test could come in Uttar Pradesh, India s most populous state at roughly ---mn citizens, where regional elections are due in early ----. ...Clearly, then, the financial cost of land purchases would rise materially under the current proposals. Modi Back in the running opinion Poll: Who is your Preferred choice for PM? - -- -- -- -- -- -- --
...Minority government coalition united Progressive alliance (uPa) with --- seats in lok sabha, dominated by the inc (--- seats), all india trinamool congress (-- seats) and dravida Munnetra Kazhagam (-- seats). Key figures Minister of interior � Palaniappan chidambaram, Minister of finance � Pranab Mukherjee, Minister of defence � a.K an- thony, railway Minister � Mamata Banerjee, Minister of urban development � Kamal nath, inc President sonia Gandhi. ...Main Political Parties (number of seats in parlia- ment) inc (--- seats): non-creed based, left-leaning in economic policy, but socially liberal. founded in ---- to promote indian self-rule, the inc soon became the main force in the struggle for independence. the inc was the dominant party following independence in ----, adopting a socialism-inspired development model with a high degree of government intervention in the economy. the party has become more liberal in its economic policies since the collapse of the soviet union in ----, a period which has also seen its political hegemony challenged. ...Key relations/ treaties Historically aligned with the soviet union but has been courted by the us in recent years as a potential regional ally to coun- terbalance china and iran. BMi short-term Political risk rating --.- BMi structural Political risk rating --.-
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