Before I get into some of the spending details, the previous polls had these numbers.
This means, that without strong coalitions neither of the two parties can reach the magic figure of 272 seats to get the majority. The funny thing about Indian Elections is that it is one-event which is completely un-affected by the Global Recession. According to the data given by Centre for Media Studies (CMS), the Election will cost the Republic of India almost 100-billion rupees, which is $2 bn. This is only the “official” amount that is allowed or accounted for. The actual spending can be estimated to be at least 4-5 times of the above amount.
For instance, Indian National Congress bought the Copyrights to the Oscar-winning song “Jai Ho”, for what would surely not be a small amount. The BJP meanwhile is lapping up all the Ad-slots on the Prime-time radio with their propaganda. Not only this, following the Techie-way victory of Barack Obama, L. K. Advani has also started a blog, website and news-letters. Further still, these internet media are also being popularized by use of Google Ad-words and other Ad-agencies. This apart, various Regional Parties are also promising different things, from Free electricity to new colour TVs and from almost free food and new state status to reservations even in Private Sector.
Over and above this, the fact that Mayawati has shown ambition of being the Prime-minister and form a Third-Front, has also triggered a lot of other events. Ministers of all the parties are flying around the country trying to form new alliances or strengthening the existing alliances. Rumours of Lok Sabha Party Tickets being sold have made a complete mockery of Democracy and it seems that the politicians only consider the money spent for campaigning as an investment which will reap returns once they come to power.
The Election Schedule
The 15th Lok Sabha election or the general election will be taking place in 5 phases as determined by Election commission of India. The different phases each of the states lies in is according to the picture.
Phase 1: April 16
Phase 2: April 22-23
Phase 3: April 30
Phase 4: May 7
Phase 5: May 13
The results of the election will be announced on May 16, 2009.
The New Leaders of the New India
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The other interesting thing to see forward is that though the current fight for leadership is between L. K. Advani (BJP), Manmohan Singh (Congress) and probably Mayawati (3rd Front). The real excitement is how the next leaders in Pipeline are treated and what Portfolios/responsibilities are they given. Congress is keen to bring Rahul Gandhi as its next successor, whereas BJP is silent so far. Yet, I have a strong feeling that the next candidate for BJP after L. K. Advani, will be none other than the current Gujarat Chief Minister, Narendra Modi, who is famous in the world for both, his positive and negative publicity. With industrialists like Anil Ambani and Sunil Mittal openly supporting him for the post and with the success-model of Gujarat as his achievement, he will surely be one leader to keep an eye on.
Gauging the Future Possibilities
1. UPA + Coalition
Indian National Congress winning the next elections looks to be grim, but yet with the rural support they have, there are chances that they can win provided that they hang on to their existing allies and get support from 3rd Front once the elections are over.
2. NDA + Coalition
The chance of a BJP-led Government again looks dicey, but considering the previous Congress tenure, this Government has a realistic chance provided they get support from BSP and other allies, which looks difficult at present.
3. Third Front at the Center
This though looks tough, it has a realistic possibility if the allied parties in NDA and UPA break free from their parent parties with the greed of getting a bigger-share in the completely coalition government. Though not officially announced yet, Mayawati looks to be the front-runner for PM-position from this front. However, we can expect another round of polls if this government comes to power.
All in all, in the end, it will boil down to where the parties like CPM, TDP, AIDMK etc. will go, which will decide the fate of who forms the next Government.
Final Verdict
In these Elections, with the current Recession, unstable Pakistan and rising unemployment, which party wins or loses is kind of immaterial. It is going to be a tough ask for the new Government to tackle these issues effectively.
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