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State Assembly Election Results: BSP To Support Congress In Madhya Pradesh

State Assembly Election Results: BSP To Support Congress In Madhya Pradesh
A motorcyclist and passenger ride past Bharatiya Janata Party (BJP) election campaign bunting featuring India’s Prime Minister Narendra Modi and Madhya Pradesh’s Chief Minister Shivraj Singh in a village in Bhopal District, Madhya Pradesh. (Photographer: Anindito Mukherjee/Bloomberg)
7 years ago
Five states—Chhatisgarh, Madhya Pradesh, Mizoram, Rajasthan and Telangana—have gone to poll in a span of just over a month. These state elections will set the tone for the upcoming Lok Sabha elections in 2019. Today, the results of these state elections will be out. Follow the live updates with BloombergQuint throughout the day.

Chhattisgarh

In Chhatisgarh, the Congress has a comfortable victory with the party leading in 68 out of a possible 90 seats. The Ajit Jogi-Mayawati alliance failed to make a dent in Congress' chances.

  • BJP: 12
  • Congress: 68
  • BSP: 4
  • Others: 6

Telangana

The TRS managed a clean sweep on Telangana, even improving its tally from the 2014 polls. KCR’s early election move has paid off.

  • TRS: 86
  • Congress+: 20
  • BJP: 2
  • Others: 11

Mizoram

Mizoram will see a shift in government as the people have voted out the Congress. The Mizo National Front are leading in 26 out of the possible 40 seats.

  • Congress: 5
  • Mizo National Front: 26
  • BJP: 1
  • Others: 8

Indian equity benchmarks rebounded while rupee came off day's low after the Bharatiya Janata Party took lead on 115 seats in Madhya Pradesh.

The S&P BSE Sensex rose 0.01 percent or 4 points to 34,964 and the NSE Nifty 50 Index advanced 0.12 percent or 12 points to 10,500.

Mizoram Elections Results: MNF Takes Huge Lead, Congress Trails 

India's Sensex posted worst two-day decline since Oct. 8 as election results for five states were underway a day after Urjit Patel shocked investors by resigning from Reserve Bank of India's governorship.

The S&P BSE Sensex fell 1 percent or 378 points to 34,580 and the NSE Nifty 50 Index dropped 110 points to 10,378.

Election results as of 10:10 a.m. showed BJP trailing in Rajasthan and Chhattisgarh and a neck and neck fight in Madhya Pradesh. While, in Telangana TRS was leading on 73 seats and MNF was ahead on 25 seats in Mizoram.

Click here for live updates on the market.

Key Contestants

Shivraj Singh Chouhan

At 13 years, Chouhan is the longest serving chief minister of the state. While GSDP (Gross State Domestic Product) and per-capita incomes have risen under his watch, rural distress has been a major problem—the police firing on farmers in Mandsaur last year is a reminder.

Kamal Nath

The Congress is banking on heavyweights like Kamal Nath and Jyotiraditya Scindia. Kamal Nath’s long political career is founded on his core support base in Chinndwara district, from where he was sent to the Lok Sabha for eight terms.

Jyotiraditya Scindia

Scindia is another key face for the Congress and a probable contender to become chief minister. However, former chief minister and party stalwart Digvijaya Singh has been kept at bay, to prevent factional feuds from spoiling the party’s comeback bid.

Mizoram’s New Government Will Inherit Four Worries

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Telangana’s Politics Of Water, And A Problem Of Timelines

Rajasthan Elections: Can Vasundhara Raje Overcome Anti-Incumbency?

Mizoram’s New Government Will Inherit Four Worries

In Charts: From Rapes To Infant Deaths, There’s A Lot To Fix In Madhya Pradesh

The electoral battle for Chhattisgarh promises to be an exciting one with a new entrant in what was essentially a two-horse race between the Bharatiya Janata Party led by three-term Chief Minister Raman Singh and the Congress Party.

The Chhattisgarh assembly has 90 seats, with 46 needed to form the government. In the 2013 assembly elections, the BJP bagged 49 seats, and the Congress clinched 39. Mayawati's Bahujan Samaj Party won one seat.

The Congress and BJP could face pressure from the alliance between BSP and Ajit Jogi's Janta Congress Chhattisgarh. Mayawati dealt a blow to Congress' hopes of forming a Mahagathbandhan, or grand alliance, when she joined hands with Jogi, a former Congressman.

India’s fastest growing state will also throw up a number of socio-economic challenges.

Why The Semifinal To 2019 Is The Congress’ To Lose

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