indian coalition wins crucial support
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Indian coalition wins crucial support

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Indian coalition wins crucial support

New Delhi - AFP

India\'s government secured crucial backing from a regional party on Friday that saves it from the immediate risk of collapse after the loss of a one-time coalition partner in a split over economic reforms. Barring an unexpected last-minute compromise, six ministers from the Trinamool party were to resign their posts in New Delhi on Friday and its 19 lawmakers will end their uneasy alliance inside the left-leaning coalition. The move leaves Prime Minister Manmohan Singh\'s Congress party running a minority government, dependent on outside support from other parties and vulnerable to falling before the scheduled date for the next elections in 2014. But Singh appears in no immediate danger after the Samajwadi Party (SP) from northern Uttar Pradesh state, whose 21 MPs have generally backed the government, vowed to keep the Hindu nationalist Bharatiya Janata Party (BJP) from power. \"We will not allow communal forces to come into power. Why should I withdraw support to the Congress?\" Samajwadi party chief Mulayam Singh Yadav told reporters in New Delhi. It was unclear if the SP would join the coalition formally and take up posts in the government when Singh reshuffles his cabinet after the departures of the Trinamool ministers, who hold the railway portfolio among others. Years of tension between Congress and Trinamool exploded last week after Singh\'s government announced a string of reforms including allowing foreign supermarkets into the retail sector and hiking the price of subsidised diesel. Fiery Trinamool chief Mamata Banerjee initially gave the government 72 hours to withdraw them, then announced on Tuesday that her party would quit on Friday unless her demands were met. \"The chairperson of the TMC (Trinamool) clearly spelt out the three issues,\" vice-president and spokesman Derek O\'Brien told AFP, saying the supermarket reform and changes in diesel and gas policy should be reversed. If the demands were not met by 3:00 pm (0930 GMT) on Friday, Trinamool would complete its withdrawal, he explained. Banerjee has said she is \"totally against\" the idea of opening India\'s retail sector to global chains such as Walmart and is angered by the hike in diesel prices. She has accused the left-of-centre Congress party of being \"anti-poor\". The SP\'s populist leader Yadav, a wrestler-turned politician, is also against foreign supermarkets, underlining the difficulties the government will have in pressing ahead with promised new reforms. News reports suggested Friday the government was preparing to raise the cap for foreign direct investment in Indian insurance companies from 26 percent to 49 percent. Shopkeepers, traders and labourers blocked railway lines and closed markets across the country on Thursday in a day of protest against reforms organised by trade unions and opposition parties. The SP\'s move to publicly back the government and a perceived reluctance of the main opposition BJP to try to bring down the government reduces the chances of early polls, a huge undertaking in the world\'s biggest democracy. \"Felling this government and forcing an election is not our sole purpose,\" said BJP party president Nitin Gadkari. \"We have not thought about bringing any no-confidence motion.\" Analysts say Singh and his boss, the more left-leaning Congress party president Sonia Gandhi, appear to have been finally convinced reforms are necessary to improve India\'s bleak economic outlook. Reports on Friday said the media-shy Singh, who has not spoken in public since Saturday, would give a televised address to the nation once Trinamool had quit the coalition to justify the reforms. Deteriorating growth, a ballooning fiscal deficit along with the threat of losing its investment grade status \"all played a role in forcing the hand of authorities\", said Credit Suisse economist Robert Prior-Wandesforde. \"It\'s a shame that the government waited so long to take action, but, as is often the case in India, it requires near crisis conditions before anything is done,\" he said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

indian coalition wins crucial support indian coalition wins crucial support

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

indian coalition wins crucial support indian coalition wins crucial support

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 09:58 2016 Wednesday ,23 March

cartoon four

GMT 10:16 2016 Wednesday ,23 March

cartoon five

GMT 19:57 2018 Tuesday ,23 January

Farm-fresh from Kerala to the UAE, in just one day

GMT 05:39 2017 Wednesday ,01 February

Chile begins to rebuild in wake of massive forest fires

GMT 05:43 2017 Saturday ,01 July

Several UK banks stop selling Qatar riyals

GMT 08:54 2017 Thursday ,17 August

Hong Kong's Umbrella Movement leaders jailed

GMT 18:27 2016 Friday ,04 November

Hollywood honors Oscar nominee Jessica Chastain

GMT 14:33 2017 Thursday ,13 July

Corrupt former Fifa official Chuck Blazer dies

GMT 09:54 2018 Wednesday ,24 January

'Friendly and kind' N. Korean skaters

GMT 17:06 2013 Wednesday ,02 October

How can you crack the PSAT/NMSQT?

GMT 23:58 2016 Wednesday ,09 November

Yemen troops kill 6 Al-Qaeda suicides

GMT 06:46 2017 Friday ,05 May

Philip to Retire from Royal Duties
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice