Real-time Stock quotes, portfolio, LIVE TV and more.
Jun 14, 2012, 10.31 AM IST
West Bengal Chief Minister and Trinamool Congress chief Mamata Banerjee and Samajwadi Party chief Mulayam Singh Yadav have shown that no major decision can be taken without them. They stumped the Congress on Wednesday by rejecting party President Sonia Gandhi's choices for the Presidential candidate.
Rejecting Congress President Sonia Gandhi's choices for the Presidential candidate that were - Pranab Mukherjee and Hamid Ansari - Mamata and Mulayam proposed three names those of - Prime Minister Manmohan Singh, former President PAJ Abdul Kalam and former Lok Sabha speaker Somnath Chatterjee.
Sources in the Congress say that Kalam cannot be their first choice and that Finance Minister Pranab Mukherjee's name cannot be ruled out yet.
Sources say the Prime Minister's Office has rejected the option of the Prime Minister being the Presidential candidate.
The UPA is expected to call an emergency meet soon to build a consensus. Sources say the UPA will discuss a consensus candidate in the meeting.
The Congress has reasons to worry after Mamata and Mulayam's twist. If UPA's candidate loses the Presidential elections, the government will fall and snap elections would be called. Mamata and Mulayam seem to have opened the possibility of a federal front being formed of the state leaders.
Sonia Gandhi's credibility is on test to ensure the nomination of a preferred Congress candidate. Prime Minister Manmohan Singh's credibility has also been damaged by allies suggesting he could be made the President instead of staying on as the Prime Minister.
Tags: President, Mamata Banerjee, Samajwadi Party, Mulayam Singh Yadav, Sonia Gandhi, PAJ Abdul Kalam, Somnath Chatterjee, Hamid Ansari
May 25 2013, 16:36
- in Technicals
May 25 2013, 16:36
- in MARKET OUTLOOK