Divided front: international bickering threatens coalition government
Article Abstract:
India's ruling United Front coalition faces troubles external and internal, showing some signs of the convulsions that ended two prior multi-party governments. Prime Minister HD Deve Gowda must placate both cabinet members unhappy with their portfolios, and Congress Party critics whose votes in Parliament he needs. Congress Party head PV Narasimha Rao also has troubles, but his party will rally around him in times of need. The United Front's efforts to forge an acceptable budget seem especially fraught with peril.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Comeback dreams: new Congress Party leader checks his options
Article Abstract:
The 13 party ruling coalition government in India is divided over recent upheavals in the former ruling Congress Party which is supporting the United Front coalition. Congress is involved with internal problems including corruption scandals involving former Prime Minister P.V. Narasimha Rao and his senior ministers. The replacement of Rao by Sitaram Kesri has led the Congress to hope for a return to power at the centre. However analysts believe that would adversely affect the country's economic reform process.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
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Fuelling rage: Indian government raises petroleum prices
Article Abstract:
Outrage greeted a decision by H.D. Deve Gowda, India's new prime minister, to raise petroleum prices up to 30%, rattling his shaky minority government. His predecessor, P.V. Narasimha Rao, had long ignored memos from the Ministry of Petroleum and Natural Gas seeking a hike in the price. Leaders of the coalition parties pressured Gowda into reducing the hike, now at 15% for diesel, 25% for petrol, and 30% for liquefied petroleum gas. These increases could raise the 4.2% inflation rate a further 2% to 3%.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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