Sunday, May 17, 2009

India moves for Congress led UPA government

Once again, the UPA govt has regained the faith of 120 crore people of India. This time, congress as a national party arise vehemently with more than 200 seats so that other regional parties are left with any bargaining power. After 18 years since 1991, congress party established themselves as a big national party.

This election result has so many implications.

1. Regionalism is likely to vanish from the national politics with some examples still there. This provides much relief for the congress as smooth functionaing of the govt machineries are what expected.
2. CPI(M) party certainly lost its importance in all india level politics. So many time in the last 5 yeras they tried to pull down the Manmohan govt and they dis so at last concerning the Nuke deal issue.
3. More than 60% voters below the age group of say 35 years, have chosen a stable, economic reforms taking, honest govt. Of course, the role of Mr Rahul Gandhi was crucial enough to outweigh the NDA effect.
4. In bengal, Mamta Banerjee's Trinamool congress shattered the dream of the red party as the former got 20 seats with her ally SYCI and Bengal congress got 6 certain seats.

Stock market is likely to get a happier period for the next 5 years.

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