You are here: Home » Opinion » Letters
Business Standard

Letter to BS: Election results have dented BJP's image of being invincible

Booming stock markets or upbeat economic data do not reflect the true picture of the country

Business Standard 

BJP, BJP flag
Photo: Shutterstock

The reasons are not far to seek for the Bharatiya Janata Party's (BJP) debacle in the assembly elections. The contention of most leaders that the elections were fought on local issues is unconvincing. The policies framed by the Union government — that had unconsciously pushed through measures like demonetisation and the Goods and Services Tax (GST) without thinking through the double whammy of depriving people of liquidity while simultaneously subjecting them to an arbitrary and ever-changing tax regime — were also responsible for that outcome.

The farmers are angry for not getting the remunerative prices they had hoped for. Industry and trade remained unhappy with the continuing slowdown. The lack of jobs, religious polarisation in the name of also went against the

Booming stock markets or upbeat economic data do not reflect the true picture of the country. Prosperity that is being claimed through various hollow slogans has come to only 1 per cent of the more than 1.25 billion people and has definitely not percolated down to the poor. The number of billionaires is increasing while millions are denied even two square meals. The results have dented the BJP's image of being invincible.

S K Khosla Chandigarh

can be mailed, faxed or e-mailed to:

The Editor, Business Standard

Nehru House, 4 Bahadur Shah Zafar Marg

New Delhi 110 002

Fax: (011) 23720201 • E-mail:

All must have a postal address and telephone number

First Published: Wed, December 12 2018. 21:39 IST