To: Soumen Barua who wrote (46106 ) 5/13/2004 5:42:13 AM From: IQBAL LATIF Read Replies (2) | Respond to of 50167 "India Shining" slogan failed to win poor farmers. The poverty of farmers and rural India spoke in unison that what is good for middle 200 millions Indians is not that good for them.Vajpayee's biggest ally was thrown out of office in Andhra Pradesh on Monday in a landslide state election loss after his campaign slogan of "India Shining" failed to win poor farmers. India's PM to resign after Congress wins vote. If Sonia declines than Manmohan Singh, India's finance minister could be the compromise candidate for Congress and its allies.Manmohan Singh, was India's finance minister in the early 1990s and steered the country’s first wave of economic liberalisation. India's PM to resign after Congress wins vote. By Ray Marcelo in New Delhi Atal Behari Vajpayee, India's prime minister and leader of the Hindu nationalist Bharatiya Janata Party-led coalition, will resign on Thursday after the country's rural voters delivered a stunning backlash against his government in favour of the main opposition Congress party. The Congress party, led by Sonia Gandhi, the Italian-born widow of former Indian prime minister Rajiv Gandhi, has won the largest number of seats in the 543-seat parliament. Including the seats won by its allies such as West Bengal's Communist party, Congress has crossed the key 272-seat majority needed to form the next government. Congress party supporters danced in the streets and set off fireworks in celebration of Congress's unexpected victory. Ms Gandhi is to speak to the media later Thursday night, and may clarify whether she is a candidate to become India’s next prime minister. Kapil Sibal, a senior Congress politician, said the party wanted to send a message “to the international community, to the world, to investors, that all is well. We don't want to give up reforms but at the same time we must take care of the 75 per cent of the community who earn less than Rs3,000 a month.” BJP leaders have all but conceded defeat. Arun Jaitley, a senior BJP leader, said the loss of 56 seats by its coalition allies in southern states was the "difference in winning and losing an election." The outcome is a shocking reversal for the BJP which called the elections six months early in a bid to capitalise on a “feel good” mood arising from peace talks with nuclear rival Pakistan, a bountiful monsoon, and surging prosperity in the cities. But its campaign, called "India Shining", backfired among India’s 370m voters, most of whom live in rural states, and depend on subsistence agriculture. Ram Madhav, spokesman for the RSS, or National Organisation of Volunteers, a hardline Hindu organisation, blamed the BJP's poor results on splits within the party and a lack of an "ideological issue" to galvanise its core supporters. “There is a general feeling that ideology has been diluted,” he said. India’s benchmark Sensex index plunged immediately after opening, falling about 2 per cent in response to fears of political instability. But markets rebounded as results showed the Congress could win government. The Congress contested the polls under the theme of a "secular alliance" against the BJP-led coalition, although several Congress allies have baulked at supporting Ms Gandhi as India’s next prime minister because of her "foreign origins". "The Congress has won this election under the leadership of Sonia Gandhi," said Ambika Soni, a Congress party spokesperson. "She is now in a position to talk to leaders of all other secular parties to discuss the formation of an alternative secular government led by the Congress party."