Saturday, May 16, 2009

At last, the wait is over.......

This is the first time in 25 years that the incumbent government is getting re elected at the centre. Rajiv Gandhi won the 1984 elections decisively. For the last 20 years, India has been witnessing a fractured mandate in the general elections. Even this time too, no party has crossed 272 on its own. However, the pre-poll alliance has won the largest number of seats making its tally closer to half way mark.

This country sends out a clear signal that stability (in the region)is the core issue particularly, when its neighbhoring states are witnessing an implosion . Moreover, the country cannot afford to have a hung parliament. That would cause a huge drain to the country's exchequer in holding another general election, which by itself is a huge exercise. The political stability is the fundamental part of any economic growth. India has registerd a modest GDP in the current fiscal which is much higher the the developed world index. A stable government guarantees a stable economy.

JAI HO!