Though he did not name the Gujarat Chief Minister or any other BJP leader, Jaitley said: "When the principal opposition party, which has a proven leadership, throws up a powerful personality, the elections could become quasi-presidential in nature."
Stating that the country had been "suffering hugely" due to leadership crisis under the UPA rule, Jaitley berated the Central Government for its "indecisiveness" and singled out Prime Minister Manmohan Singh for the attack.
Asserting that the run-up for the elections has begun, he said, "the writing on the wall is clear....Rest assure that we will announce very soon...We are fully conscious of that."
Delivering a lecture on "the current political situation in the country" organised by the Aurobindo Cultural Society here, the BJP leader claimed "anti-incumbency is writ large on the wall" and the country was looking for a change.
Holding that the UPA had no answer to the challenge posed by the BJP, he said all that it could do was to rely upon the 'dynastic leadership.'
He said "cynicism and despondency" had eroded the confidence that the nation had been enjoying as an emerging power before the UPA came to power.
"The political situation in the country is now moving into a certain direction where the cynicism will be converted into hope," Jaitley said.
Lambasting the UPA regime over a host of issues from 'coalgate' to fall of Rupee, Jaitley claimed the singlemost failure of the Government was the "indecisiveness" of the Prime Minister.
Though as the Head of the Government the Prime Minister had to discuss issues and even listen to contrary views of colleagues, it was for him to take the final decision as the principal policy builder, he said.
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