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Road To 2024: Does inflation affect election outcomes?

Can the I.N.D.I.A. alliance bank on the recent price rise against NDA in 2024? Voting is both an emotional and multi-dimensional decision and election outcomes of the past in India show no clear correlation with high inflation

August 08, 2023 / 15:48 IST
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Voting is both an emotional and multi-dimensional decision and election outcomes of the past in India show no clear correlation with high inflation.

Inflation has been one of the top issues across states and elections in India. In a country where per capita income is below $2,500, high prices of goods and services erode the purchasing power of the poor significantly.

High prices of tomatoes and cooking fuel have been the talk of town lately. The opposition has been raking up the price rise issue and some of the guarantees of Congress and AAP like subsidised LPG cylinders and cash doles are centred around providing inflation relief.

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Congress won Himachal Pradesh and Karnataka projecting price rise as one of the big poll issues. The INDIA alliance aims to make it a big slogan in state elections due at the end of the year and general elections next year.

Inflation And Governments