ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Pradeep ChhibberSubscribe to Pradeep Chhibber

The BJP's 2014 'Modi Wave'

In the 2014 Lok Sabha elections, the Bharatiya Janata Party put together an unprecedented social coalition: in addition to the upper castes and Other Backward Classes, it received support from the scheduled tribes and scheduled castes. We argue that the BJP built this coalition, in addition to energising its traditional base of social conservatives, by mobilising voters who favour less state intervention in the economy. Narendra Modi's anointment as the BJP's prime ministerial candidate aided this strategy, as Modi is widely perceived to be a socially conservative, pro-market leader. The sclerotic performance of the Congress-led United Progressive Alliance government over the past few years compounded the BJP's own efforts. Though the BJP's support base remains Hindu, upper caste, and Hindi-speaking, these other two factors helped the BJP break the social and geographical barriers necessary to secure an outright Lok Sabha majority.

Are National Elections Any More Than Aggregations of State-Level Verdicts?

Mining data from the National Election Study, this paper cites evidence to show that the perception of the central government mattered for those who voted for the United Progressive Alliance, but not for those who voted for the National Democratic Alliance or other parties. It says that the vote for the upa was mostly independent of a voter's perception of the performance of his or her state government. In addition, even after controlling for state-specific factors there were some political cleavages that influenced the vote for the upa and the nda. This suggests that national factors did have an influence on the vote for the 2009 Lok Sabha elections though state-level factors continued to be important.

Are Liberal Foreign Investment Policies Good for India

Policies Good for India? This article examines an empirical regularity with respect to Indian industrial behavior and sets out the implications that fallow from the result derived from the empirical analysis. The analysis explores the exporting behaviour patterns of over 1,000 firms with varying degrees of foreign ownership in India far the years 1088 to 1994, and is principally a cross-section based analysis, Since the 1950s, India fallowed a command-and-contral based economy regime. This regime became exceedingly autarkic, particularly In the 1960s, with negative consequences on her ability to make headway in export markets or to attract foreign investment, Since 1991 an economic policy switch is in progress and there have been moves towards a market-based regime in which foreign capital both on the current account via the generation of export sales as well as on the capital account via foreign investments, is expected to play a big part An empirical examination of the consequences of fallowing, or not realty following as happened in the Indian case, liberal trade policies is absolutely necessary since economic policy-making in India seems to be entirely based on ad hocism and intuition and not on the necessary and vital hard facts.
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