Economic slow down worries BJP before 2019 elections
These factors could also impact the party's poll performance in Madhya Pradesh, Chhattisgarh and Rajasthan, currently under BJP rule.
New Delhi: While the BJP is highlighting the Modi government’s achievements in the past four years and reaching out to the poorest of the poor, the party’s spin doctors seem worried over the economic slowdown that can adversely impact its performance in the 2019 Lok Sabha elections.
Besides continuous rise of fuel prices, some other economic factors worrying the BJP include a fall of 16 per cent in rupee’s value and slow job creation. These factors could also impact the party’s poll performance in Madhya Pradesh, Chhattisgarh and Rajasthan, currently under BJP rule, where Assembly polls are scheduled to be held later this year.
A recent report by India’s leading rating agency Crisil also highlighted the challenges being faced by the Modi government in the last year before the 2019 general elections as crude oil prices have once again started rising.
“A runaway rise in oil prices could stir the inflation scourge back to life and impact other macro indicators too,” said its latest report.