None of the future govt in Karnataka would be safe from horse trading cushion and craze
After Opposition defeated trust vote in Karnataka House they immediately sought net connection where they could browse. Chief Minister tendered his resignation paving way for Opposition MLAs (BJP MLAs) to go on a vacation. They were expected to meet in a resort near Bengaluru where they could revisit their strategy and seek affection from places in Rajasthan as far as Churu. That meet did not happen and still doors were open to sneak in horse trading cushion. This trust vote discussion which carried on for four days was meant to send diatribe to opponents from either side and future of any probable Govt doesn't look to be bright. Though opposition MLAs post trust vote flashed V sign in a subtle message that won't be kind and those 15 rebel MLAs confined to Mumbai were getting desperate to reach Bengaluru and for this they had established connection to places like Kingsway. The roadmap of bringing down the HDK Govt in Karnataka was very much prepared in a locale like New Delhi with leaders like BSY, HDK and their family members watching every hour the House proceedings on a telly.
The reading is no future Govt would be safe and righteous path would be to hold polls afresh as that alone can dilute the power stress. On another hand in another blooper the US has offered to mediate on J-K something that Indian policy makers in the long run won't find OK. On J-K impasse India never offered an olive branch to US as the latter has on Afghanistan intervention shed enough sweat and tears. The US is finding it hard to find a way out of Afghanistan which in future at a different point of time would hold film festival on the lines of Cannes.
Overseas bond sale move should be abandoned at any cost
The Govt's plan to raise $ 10 billion in first overseas bond sale by October is fraught with deep consequences and the Govt would be well advised to not seek this traction to raise capital. The domestic debt burden can rise by miles if there is a vast depreciation in Indian Rupee against the currency in which the debt is denominated and given the sovereign guarantee it would have to be repaid no matter where the earth moves.
After Opposition defeated trust vote in Karnataka House they immediately sought net connection where they could browse. Chief Minister tendered his resignation paving way for Opposition MLAs (BJP MLAs) to go on a vacation. They were expected to meet in a resort near Bengaluru where they could revisit their strategy and seek affection from places in Rajasthan as far as Churu. That meet did not happen and still doors were open to sneak in horse trading cushion. This trust vote discussion which carried on for four days was meant to send diatribe to opponents from either side and future of any probable Govt doesn't look to be bright. Though opposition MLAs post trust vote flashed V sign in a subtle message that won't be kind and those 15 rebel MLAs confined to Mumbai were getting desperate to reach Bengaluru and for this they had established connection to places like Kingsway. The roadmap of bringing down the HDK Govt in Karnataka was very much prepared in a locale like New Delhi with leaders like BSY, HDK and their family members watching every hour the House proceedings on a telly.
The reading is no future Govt would be safe and righteous path would be to hold polls afresh as that alone can dilute the power stress. On another hand in another blooper the US has offered to mediate on J-K something that Indian policy makers in the long run won't find OK. On J-K impasse India never offered an olive branch to US as the latter has on Afghanistan intervention shed enough sweat and tears. The US is finding it hard to find a way out of Afghanistan which in future at a different point of time would hold film festival on the lines of Cannes.
Overseas bond sale move should be abandoned at any cost
The Govt's plan to raise $ 10 billion in first overseas bond sale by October is fraught with deep consequences and the Govt would be well advised to not seek this traction to raise capital. The domestic debt burden can rise by miles if there is a vast depreciation in Indian Rupee against the currency in which the debt is denominated and given the sovereign guarantee it would have to be repaid no matter where the earth moves.
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