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Exit Poll: Narendra Modi Will Be Next Prime Minister Of India

May 13 2014, 4:32am CDT | by

11 Updates
Exit Poll: Narendra Modi Will Be Next Prime Minister Of India
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Exit Poll: Narendra Modi Will Be Next Prime Minister Of India

The five-week long, nine-phase voting in India’s general election finally concluded on Monday after recording an all-time high countrywide voter turnout of 66%. The many exit polls that released their embargoed surveys within minutes of the close of voting predicted that the Bharatiya Janata Party’s Narendra Modi is set to be India’s next prime minister.

The numerous exit polls projected the BJP and its allies nearing or crossing the half-way mark of 272 mark in the 543-member Indian parliament. One such, the CVoter survey, foretold 290 seats for the Modi-led National Democratic Alliance (NDA) and just over a 100 seats for the ruling Congress Party-led United Progressive Alliance (UPA).

However, the world’s largest democratic exercise is considered tricky to call as many regional parties hold sway over voters in small pockets. If the NDA fails to reach the magic number of 272, it may need partners from amongst strong regional bosses like Mamata Banerjee in the eastern West Bengal or Jayalalitha in the southern Tamil Nadu. However, analysts dissecting the exit polls on several television channels predicted a stable, decisive government led by Modi.

The elections pitted the fire-breathing Modi against the ruling Congress Party’s Rahul Gandhi, scion of India’s Nehru-Gandhi family which gave India three prime ministers. Through the campaign, the Congress Party attacked Modi over his controversial role in the 2002 Hindu-Muslim violence in Gujarat, a western state of which he is the chief minister currently, which led to the killing of hundreds of people, mainly Muslims (Modi has vehemently denied any involvement).

His rival Gandhi has been vapid through the weeks of electioneering, seemingly unable to rouse India’s voters. The exit polls show Gandhi and his party, tainted by numerous corruption scandals and non-performance during two terms of government, headed to its worst showing ever and consigned to the opposition benches in parliament.

India’s stock market investors and foreign brokerages such as Goldman Sachs have backed Modi’s prime ministerial candidacy, as he has sought to ignite India’s sputtering economy with promises such as “toilets not temples” and “more governance, less government”, vowing to boost employment prospects and rev up economic development.

The actual results will be known on May 16 when votes will be tallied. Should Modi cross the half-way mark, experts see him go to work to deliver on his promise to bring the economy back. In anticipation of such moves, India’s stock markets spiked to record highs even ahead of the exit polls. On Monday, the Nifty index breached the 7,000-point mark for the first time in history. The Sensex too touched an all-time high and the rupee recorded its highest gains of the past 10 months against the U.S. Dollar.

 

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Update: 11

Sensex, Nifty hit life high on Modi hopes, WPI inflation

Source: Asia One

MUMBAI - The BSE Sensex and Nifty rose over 1 per cent on Monday to a record high as blue-chips such as ICICI Bank(ICBK.NS: Quote, Profile, Research) surged after Prime Minister Narendra Modi vowed to fire up the bureaucracy to deliver results, while easing wholesale inflation also helped.The broader Nifty rose as much as 1.14 per cent to 7,880.50, while the benchmark BSE Sensex gained as much as 1.19 pct to 26,413.11, surpassing their previous all-time highs hit on July 25.Delivering his first ...
Source: Asia One   Full article at: Asia One 1 day ago, 7:20am CDT
 


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Update: 10

Narendra Modi hasn`t endorsed Bhagwat`s Hindu Nation comment: BJP MLA

Source: Spice Zee

Goa`s BJP legislator Michael Lobo on Monday dismissed RSS chief Mohan Bhagwat`s assertion of India being a `Hindu Nation`, and claimed that Prime Minister Narendra Modi ha ...
Source: Spice Zee   Full article at: Spice Zee 1 day ago, 5:33am CDT
 

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Update: 9

TCS to build toilets in 10,000 girls schools

Source: Spice Zee

Heeding Prime Minister Narendra Modi`s call for a "Clean India" campaign, the Tata Consultancy Services (TCS) on Monday pledged to construct toilets in 10,000 girls schools ...
Source: Spice Zee   Full article at: Spice Zee 1 day ago, 5:15am CDT
 

Update: 7

Cricket: Dock their wages! 'Pampered' India slated over Test loss

Source: Channel News Asia

NEW DELHI: India's spectacular series defeat against England set off a flood of angry criticism on Monday (Aug 18), with some fans calling for captain Mahendra Singh Dhoni to go and others saying players should forfeit their wages.Sunday's innings and 244-run defeat in the fifth Test at The Oval saw England take the five-match series 3-1, marking yet another crushing away loss for Dhoni's men. "Spineless India blown ...
Source: Channel News Asia   Full article at: Channel News Asia 1 day ago, 5:03am CDT
 

Update: 6

PM Modi Greets Parsis on New Year

Source: NDTV

Prime Minister Narendra Modi today greeted the Parsi community on Navroz, its new ...
Source: NDTV   Full article at: NDTV 2 days ago, 1:32am CDT
 

Update: 5

PM Narendra Modi greets Parsis on new year

Source: Spice Zee

Prime Minister Narendra Modi on Monday greeted the Parsi community on Navroz, its new ...
Source: Spice Zee   Full article at: Spice Zee 2 days ago, 12:50am CDT
 

Update: 4

Nehru Port breaks ground on trade zone, road connector projects

Source: The Journal of Commerce

Indian Prime Minister Narendra Modi speaking after laying the foundation stones of the Jawaharlal Nehru Port Trust Special Economic Zone and Port Connectivity Road on Aug. 16, 2014.Jawaharlal Nehru Port Trust (Nhava Sheva) broke ground Aug. 16 on its long-awaited special economic zone project, a port-based multi-product export processing center ...
Source: The Journal of Commerce   Full article at: The Journal of Commerce 2 days ago, 8:14pm CDT
 

Update: 3

PM Modi Greets Nation on Janmashtami

Source: NDTV

Prime Minister Narendra Modi today greeted the nation on the occasion of Janmas ...
Source: NDTV   Full article at: NDTV 3 days ago, 3:13am CDT
 

Update: 2

Ahead of polls, PM launches SEZ at JNPT

Source: Times of India

Prime Minister Narendra Modi commissioned INS Kolkata, the Indian Navy's largest destroyer, in Mumbai on Saturday. ...
Source: Times of India   Full article at: Times of India 3 days ago, 11:32pm CDT
 

Update: 1

Modi`s Independence Day speech lacks substance: Sibal

Source: Spice Zee

Prime Minister Narendra Modi`s maiden Independence Day speech lacked substance and he will have to walk the talk to prove that his statements do not end up as sound bytes, Congress leader and former Union Minister Kapil Sibal said on ...
Source: Spice Zee   Full article at: Spice Zee 3 days ago, 3:14pm CDT
 

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