The Samajwadi Party (SP) led by former Defence Minister Mulayam Singh Yadav is not only ready to join the Congress-led United Progressive Alliance (UPA) government at the Centre but has also demanded ministerships as the price for its support.
A package deal that includes pre-general election seat adjustments in Uttar Pradesh, the state that has the highest number of seats in the Lok Sabha, is also under negotiation.
An SP-UPA deal, news of which steadied the nervous stock markets today, will allow the government to sail through a trust vote in Parliament (see table), should the four Left parties that vote with the government withdraw support.
The Left parties
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
