Modi Will Struggle to Win Majority in Election, Fitch Solutions Says
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Prime Minister Narendra Modi will “struggle” to win a simple majority in India’s upcoming general election and the opposition Congress party has a “fair chance” at forming government with support from regional allies, according to Fitch Solutions Macro Research.
Neither of the country’s main national parties is likely to get a majority in the lower house of the parliament, the affiliate of Fitch Ratings said. That means both will have to try and cobble together a coalition with regional parties at a time when the ruling Bharatiya Janata Party has disagreements with many large “potential kingmaker parties,” Fitch Solutions said.