Will The BJP Win The HP Election In 2017?

BJP all set for a big win, development the key issue BJP will register victory in the November 9 Himachal Pradesh Assembly elections by defeating the Congress government led by Chief Minister Virbhadra Singh, an opinion poll conducted by India Today-Axis My India has indicated. According to the poll, BJP will garner 43 to 47 of the total 68 seats in the Himachal Pradesh Assembly. As the majority mark is 35, BJP will easily romp home victorious. On the other hand, the Congress will bag 21 to 25 seats and will lose to the BJP, according to the opinion poll. Other parties, including independents are likely to win just two seats. In the 2012 Assembly elections, the Congress contested under the leadership of Virbhadra Singh and won 36 seats. The BJP could garner just 26 seats. Virbhadra Singh took oath as the chief minister for a record sixth time. On vote share too, BJP will be ahead of the Congress in all the three regions. It will garner 52 per cent, 49 per cent and 46 per cent vote share in Kangra, Mandi and Shimla respectively while the Congress will bag 35 per cent, 37 per cent and 39 per cent. Though the BJP appears...

Need of New Reform Agenda to Revive India’s Growth Story – By Areesha Fatma

In this decade of rapid developments in the global economy vis-a-vis emerging new economic stance in the United States, emerging protectionism in the advanced economies, recovery in Global trade; turn around in China’s economic growth and various geo-political issues, India stands on the cusp of major change, a transformation that could lead to unprecedented economic growth. The Indian economy has been observing various changes, turmoil and adjustments in the form of reforms during the past two-three years. Two key reforms undertaken in the regime of Hon’ble Prime Minister Shri Narendra Modi primarily historic demonetization drive and newly introduced GST have been both bane and boon for our economy which is quite evident as per the GDP estimates for Q1 and Q2 for FY2017-18.The economy still hasn’t revived from the aftershocks of cash crunch as the consumption demand has been impacted severely and the teething problems associated with GST implementation are still persisting. According to the much awaited CSO data released by Ministry of Statistics and Implementation recently, real GDP registered an increase in the growth rate from 5.7% in the Q1 of FY18 to 6.3% in Q2 of FY18. Also, quarterly Gross Value added (GVA) registered an increase in...

EASE OF DOING BUSINESS RANKINGS – MYTH OR REALITY?

India improves on ease of doing business, but much work left to be done The World Bank’s Doing Business 2018 report has come as a nicely-timed shot in the arm for the Union government. All of a sudden, our country’s ranking on the ease of doing business has gone up by 30 notches, the highest jump this year for any nation. India also finds itself in the World Bank’s list of the top ten most improved countries. Years of effort to improve the business environment, particularly since 2003 when the World Bank began the assessment process, has finally borne notable results. While till now India’s position on this list had oscillated between 140 and 130, this year we jumped to the 100th spot. In an otherwise patchy and challenging business environment, this should serve as a much-needed morale booster. SOURCE - LIVEMINT How Maharashtra helped India get big jump in ease of doing business ranking The big jump in India’s ease of doing business ranking has a lot to do with the reforms undertaken by the Maharashtra government. Since ease of doing business in India is assessed based on data collected from Mumbai and Delhi, the performance of the two cities is...

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