 "'Unstable govt' likely after Lok Sabha elections: Union minister Sinha")
The "most likely" outcome of Lok Sabha elections this year is that may not lead to a stable government, said Union minister Jayant Sinha on Thursday.
The country has transformed and the priority now is to inform the people about this change, said Sinha, minister of state for civil aviation.
"If indeed we end up in a situation where we don't have a strong, stable government, (which) I think that is in fact the most likely case, I think that will be something that will not be good for India going forward," he said, speaking at the CNBC-TV18's India Business Leadership Awards in Mumbai.
"For us the goal is to inform, to ensure that people understand all that we have done and all that is at risk consequently," Sinha said.
Sinha's remarks come in the backdrop of the setback the ruling BJP suffered in Assembly elections in three Hindi heartland states recently. Speaking at the event, industrialist Sajjan Jindal called the (2019 Lok Sabha) elections as one of the biggest risks (to the economy) the country is staring at.
On his expectations from the next government, he said the influence of state-run companies should diminish.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
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
SAVE 25%