AAP government's fall pointing towards the prospects of unstable Govt. at Centre; India Inc concerned
The fall of the Aam Admi Party (AAP) in the national capital may well point to an ominous prospect of an unstable government coming at the Centre in the next two months even while India Inc would like a reforms-friendly and a stable regime at the national level, said Assocham Secretary General D S Rawat in New Delhi.
"Even though a fractured mandate is unavoidable in the present political context, the industry would be more comfortable with a coalition of parties which are in harmony among themselves. If the parties with sharp conflicting political and economic ideologies come together and form the governments in the states and at the Centre, the economic growth and business
environment will take a hit," added Rawat.
In Delhi, the unfolding political situation has not really surprised the industry as it thinks that there was no meeting ground between AAP and the supporting Congress Party.
However, as the Arvind Kejriwal led AAP is taking a big plunge into the national politics, India Inc would like the fledgling party to get engaged with the industry and trade so that it gets clarity on a number of issues.
“A large and overwhelming segments of the industry wants to conduct its affairs in a transparent and honest manner….It is the political leadership which should provide an enabling environment,” said DS Rawat.