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Tag: Structural Reforms

F M,Coming Out From Bihar Mode,Ensures Continuance Of Structural Reforms

Nov. 09 Economy Comments

[New Delhi]FM,Arun Jaitely Coming Out From Bihar Mode,Ensures Continuance Of Structural Reforms
Jaitely Says NDA defeat in Bihar no setback to economy
Attributing the NDA’s defeat in Bihar assembly elections to ‘huge index of opposition unity’, Finance Minister Arun Jaitley today said it will not impact the economic reforms process.
While the ruling NDA managed to get 58 seats (BJP 53) in the 243-member Bihar assembly, Mahagathbandhan got 178 seats.
The alliance comprises JD(U)+RJD +Congress.
On whether Bihar election was a referendum on the policies of the Centre, Jaitley, in an interview to ET Now, said, “The word referendum is loosely used… every election is not a referendum. A state election is not a referendum. You are not contesting on one issue.”
He further said that the vote share of BJP has not come down and the victory of the Mahaghatbandhan was on account of different opposition forces coming together.

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