4.11.15

The result of Bihar results

TK Arun / ET
Contrary to expectations, the BJP losing in Bihar will not mean a setback for governance at the Centre. In fact, if the Opposition suffers a loss in Bihar, it could turn more obstreperous at the Centre and make progress on the government’s legislative agenda ever more difficult.

There are just two possible outcomes in Bihar. Either the BJP-led alliance wins or it loses. Consider first the eventuality that a survey by this newspaper of capital market participants found more likely, of a BJP defeat in Bihar.

It would definitely mean some loss of face for the PM, who has led the BJP campaign without nominating a local leader as the chief ministerial candidate. more

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