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Free AccessBJP Retains Control Of PM Modi's Home State, But Loses Himachal Pradesh
In state election results released today, India's governing right-wing Hindu nationalist BJP retained control of the home state of PM Narendra Modi, Gujarat, the fourth-most populous state in the union. However, it was not all good news for the governing party, as the main opposition Indian National Congress (INC) won a majority in the previously BJP-controlled state of Himachal Pradesh.
- In Gujarat, the BJP looks on course to have almost swept the board, winning 156 of the 182 seats on offer, up from 99 at the previous election. The INC fell from 77 seats in the 2017 election, to 59 by dissolution, and just 17 in the election.
- The Himalayan state of Himachal Pradesh continued its lengthy trend of ousting the incumbent, with the BJP winning just 26 seats, down from 44 in 2017. The INC won a majority with 39, up from 21 previously. This is the eighth election in a row that the control of the chief minister's position will have changed hands.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.