Left Menu
Development News Edition

We expect some of new welfare measures to take shape independent of election outcome: Rao


We expect some of new welfare measures to take shape independent of election outcome: Rao

Some of the new welfare measures in India will continue to take shape, regardless of the outcome of the general election, a top Singapore bank said on Thursday. Despite a change in the government in 2014, impetus for Goods and Services Tax (GST), financial inclusion, and fuel subsidy reduction did not waver, said Indian-origin economist with DBS Research Group Radhika Rao.

General elections are likely to take place in April and May in India. "We expect some of the new welfare measures to take shape independent of the election outcome," she said.

India's political economy is attaining modern welfare dimensions with direct cash transfer, universal basic income and jobs provisions, Rao said. With a mixed result in the recent parliamentary by-polls and state legislature elections, risks of a hung Parliament cannot be discounted, she said.

Four recent opinion polls point to an average of 220-230 seats for the Bharatiya Janata Party-led coalition, falling short of a majority, Rao said. The Indian National Congress and its alliance members under the United Progressive Alliance is expected to fare better than 2014, but 'others' will tellingly enjoy stronger bargaining power, Rao added.

(With inputs from agencies.)

Download The Devdiscourse News App for Latest News.


TRENDING

OPINION/BLOG/INTERVIEW

Future of Food: Technology fostering the road to global food security

Technological innovation can help address most of the pressing issues facing the world today including food security by enhancing productivity, improving financial services, managing resources, addressing environmental concerns, etc....

Conspiracy theories on COVID 19: Legislators, Scientists, and Journalists all joined the Caravan

Conspiracy theories are not new for virus epidemics. There have been conspiracy theories on HIV-AIDS, Polio Vaccines, Ebola Virus, and several other diseases as well. However, what makes the 2019 Novel Coronavirus different from others is ...

Now it’s a war, Uganda deploys army to combat locust swarms

Its for the first time after 1986, the locust swarms have attacked Uganda twice in a season. With the increasing number of countries of Africa under attack by locust swarms, the problem seems to have taken a regional paradigm. Its very diff...

Top 10 Fake News, Myths and Realities on 2019 Novel Coronavirus COVID 19

With nearly 1500 deaths by January 14 and around 65,000 infections in China, the Novel Coronavirus 2019 has become one of the worst health epidemics of the 21st Century. However, 8,573 people have been cured but the rumor mongers are a...

Videos

Latest News

Kremlin says it isn't discussing a Syria summit with Macron, Merkel

The Kremlin said on Tuesday it was working to organise a summit with Turkey and Iran to discuss the conflict in Syrias Idlib region, but was not organising a separate mooted four-way summit that would gather France, Germany, Turkey and Russ...

Communal clash: Fresh incidents of arson in Khambhat on bandh

Khambhat town in Gujarats Anand district, where communal clashes broke out on Sunday,remained on the boil on the third consecutive day with a mob torching two roadside cabins and motorcycles on the day ofbandh organised by some Hindu commun...

Iraq reports four new cases of coronavirus -health ministry

Iraq has detected four new cases of coronavirus in Kirkuk province, the health ministry said on Tuesday, bringing the total cases in the country to five and marking the first instance of Iraq patients.The patients are an Iraqi family who ha...

Punjab CM trashes ex-DSP's charges against minister

Punjab Chief Minister Captain Amarinder Singh on Tuesday trashed former Ludhiana Deputy Superintendent of Polices DSP charges against Cabinet Minister Bharat Bhushan Ashu, saying had someone like Balwinder Singh Sekhon made such allegations...

Give Feedback