2004 Indian general election
General elections were held in India in four phases between 20 April and 10 May 2004. Over 670 million people were eligible to vote, electing 543 members of the 14th Lok Sabha.[1] Seven states also held assembly elections to elect state governments. They were the first elections fully carried out with electronic voting machines.
On 13 May the Bharatiya Janata Party (BJP), the lead party of the National Democratic Alliance conceded defeat.[2] The Indian National Congress, which had governed India for all but five years from independence until 1996, returned to power after a record eight years out of office. It was able to put together a comfortable majority of more than 335 members out of 543 with the help of its allies. The 335 members included both the Congress-led United Progressive Alliance, the governing coalition formed after the election, external support from the Bahujan Samaj Party (BSP), Samajwadi Party (SP), Kerala Congress (KC) and the Left Front.
After facing criticism from her own party and from the country, Congress President Sonia Gandhi asked the 22nd Finance Minister Manmohan Singh, an economist, to head the new government. Singh had previously served in the Congress government of Prime Minister P. V. Narasimha Rao in the early 1990s, when he was seen as one of the architects of India's first economic liberalisation plan, which staved off an impending monetary crisis. Despite the fact that Singh had never won a Lok Sabha seat, his considerable goodwill and Sonia Gandhi's nomination won him the support of the UPA allies and the Left Front. Manmohan Singh became the first Sikh and non-Hindu prime minister of India.
Pre-poll alliances[edit]
In these elections, compared to all the Lok Sabha elections of the 1990s, the battle was more of a head-to-head contest in the sense that there was no viable third front alternative. Largely the contest was between BJP and its allies on one hand and Congress and its allies on the other. The situation did, however, show large regional differences.
The BJP fought the elections as part of the National Democratic Alliance (NDA), although some of its seat-sharing agreements were made with strong regional parties outside of the NDA such as Telugu Desam Party (TDP) in Andhra Pradesh and All India Anna Dravida Munnetra Kazhagam (AIADMK) in Tamil Nadu.
Ahead of the elections there were attempts to form a Congress-led national level joint opposition front. In the end, an agreement could not be reached, but on regional level alliances between Congress and regional parties were made in several states. This was the first time that Congress contested with that type of alliances in a parliamentary election.
The left parties, most notably the Communist Party of India (Marxist) and the Communist Party of India, contested on their own in their strongholds West Bengal, Tripura and Kerala, confronting both Congress and NDA forces. In several other states, such as Punjab and Andhra Pradesh, they took part in seat sharings with Congress. In Tamil Nadu they were part of the Dravida Munnetra Kazhagam (DMK)-led Democratic Progressive Alliance.
Two parties refused to go along with either Congress or BJP, Bahujan Samaj Party and Samajwadi Party. Both are based in Uttar Pradesh, the largest state of India (in terms of population). Congress made several attempts to form alliances with them, but in vain. Many believed that they would become the 'spoilers' that would rob Congress of an electoral victory. The result was a four-cornered contest in UP, which didn't really hurt or benefit Congress or BJP significantly.
Impact[edit]
The rout of the ruling parties in the states of Tamil Nadu and Kerala in the general elections led to calls for the dissolution of the governments of these states.
The stock market (Bombay Stock Exchange) fell in the week prior to the announcement of the results due to fears of an unstable coalition. As soon as counting began, however, it became clear that the Congress coalition was headed for a sizeable lead over the NDA and the market surged, only to crash the following day when the left parties, whose support would be required for government formation, announced that it was their intention to do away with the disinvestment ministry. Following this, Manmohan Singh, the Prime Minister (in office 2004–14) and the prime architect of the economic liberalisation of the early 1990s, hurried to reassure investors that the new government would strive to create a business-friendly climate.
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