Basti goes to polls on May 7 and the last date for filing nominations is April 19.
The announcement of the name was made by senior party leader Oscar Fernandes.
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In his letter to party president Sonia Gandhi, Jaiswal had said that Congress government has taken several measures for women empowerment, but unfortunately he has been accused of harassing a woman.
A woman has lodged an FIR with Lucknow police accusing Jaiswal of sexually harassing her.
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