Prime Minister Narendra Modi will have to “struggle” for winining a simple majority in the upcoming general election and the opposition Congress party has a “fair chance” at forming government with support from regional party allies, according to Fitch Solutions Macro Research.<\/p>\n
Neither of the country’s any national parties is likely to get a majority in the lower house of the parliament, the affiliate of Fitch Ratings said. That only means both will have to try and cobble together a coalition with regional parties at a time when the ruling BJP has disagreements with many large “potential kingmaker parties,” Fitch Solutions said.<\/p>\n
“We at Fitch Solutions are bucking the overwhelming consensus at this juncture that the BJP will most likely form the next government after the upcoming elections,” Fitch said in a report on Thursday. The Congress party, headed by Rahul Gandhi, has a fair chance of marshaling a coalition government, it added.<\/p>\n
The BJP’s recent populist spending efforts, including a farmer income support program, will have a “minimal effect” on swinging voters to its side, the group said, adding that a deadly heinous attack in Kashmir allows the ruling party to “drum up nationalistic sentiment and to rally the electorate behind the BJP.”<\/p>\n
The BJP lost three state elections to the Congress in December and various polls have shown declining support for PM Modi and BJP.<\/p>\n","protected":false},"excerpt":{"rendered":"
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