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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (7993)	10/8/1999 6:22:00 PM
From: Satya Podury	Read Replies (1) \| Respond to of 12475

This is a snippet from the news article in IE today: "The 29-member TDP, the second largest component in the NDA, today sent letters of support to Vajpayee and the President of its decision to support the NDA government. " The article is: expressindia.com I did not dig any deeper to determine if TDP is a component of NDA. Maybe TDP has fooled many of us into believing that is a member of NDA! The distinction between NDA and NDA govt should be kept in mind. It is immaterial when the "deal" between TDP and NDA was struck. Many parties, for their own reasons, delayed joing NDA till the very last minute. Actually, instead of TDP, I wasn't clear if JD(U) was a member of NDA. As for BJP contesting on its own, why should it if it feels that coalitions are the way to go? Why should it live in a fool's paradise, like the Congress(I), and believe that it, and only it has this magic cure for India's problems? I will say, more force to such strong coalitions. And let Congress(I) decay, forever thinking that it will one day return to glory, as a single party in power. Dream on! As for other parties getting a sizable number, read my posting on a strong central party, with equally strong regional parties in a coalition to keep it in check. If you look at the history of the last few years, single party majority, ala Congress(I) has not worked. Coalitions, without strong central party as a leader, hasn't worked, ala the UF (You ask why the "U" in JD(U). I ask why the "U" in UF! And the only reason I can think is that JD(U) was a part of UF, and so this fixation with "U"!!) Strong central party with not very strong regional support hasn't worked, ala BJP's last stint with just a bare majority. So that leaves strong central party with strong regional support. IMO, a strong central party with about 225 or so seats, supported by stron regional parties with about 150 or so as allies, can provide a stable govt. Such a scenario may unfold after couple more polls, maybe in the next few years itself.