Elections in India

[Dilip]

The recently concluded elections in India came up with a surprise result today. While the ruling NDA managed to grab enough seats to continue into a third term, the results were not as one-sided as predicted by the exit poll. The stock market didn't respond quite well as they were expecting the ruling coalition to have a perfect victory. Stock market dip cost people lose a lot of money as per news report.

Being the 5 th largest economy in the world and one of the world's prominent manufacturing hub after China, elections in India has a huge impact on the world economy.

 

[Sara]

BJP focused on national security and defense, and that's what struck a big chord with the voters which caused him to win. And his campaign was well organized including the use of social media that helped to reach a wider audience. I saw the news but I didn't finish the reading. I hope that the world economy will be better.

 

[Dilip]

Third consecutive term is something interesting in any country. The important part is that they got elected by a democratic process. India is the biggest democracy in the world, and an inspiring economy.

The NIFTY, SENSEX and other Asian stock markets responded positively to the result.