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Elections 2012: What analysts make of UP poll results so far

Congress party was trailing in fourth place as counting of votes got underway in Uttar Pradesh on Tuesday, a stunning blow to Rahul Gandhi who had staked his political future on reviving his party's fortunes in the state.

March 06, 2012 / 12:45 PM IST

Congress party was trailing in fourth place as counting of votes got underway in Uttar Pradesh on Tuesday, a stunning blow to Rahul Gandhi who had staked his political future on reviving his party's fortunes in the state.


Following are reactions to the results in Uttar Pradesh and other four states, just a week before the unveiling of India's 2012/13 budget:


AMULYA GANGULI, POLITICAL ANALYST


"It has been a disaster for the Congress, it's an even bigger disaster for Rahul Gandhi and the Gandhi Family."


"They were banking on success in these elections, hoping to get at least four out of five states. It has gone exactly the opposite way. It shows that there is no charisma left in the Gandhi family.


"The tricks that Rahul played, tearing up manifestos, cobbling together the most backward castes, that has not helped. The party played all its cards very crudely and wrongly. The blame has to borne by the Gandhi family and Rahul himself."


ARUN KEJRIWAL, STRATEGIST AT MUMBAI-BASED ADVISORY KRIS


"It's time for Congress to perform or perish.


"If this budget doesn't give any direction to the economy, Congress is likely to find itself in a mess in 2014, because next year's budget would be too late to do anything substantial for the economy."


N.R. BHANUMURTHY, NATIONAL INSTITUTE OF PUBLIC FINANCE AND POLICY


"Following the state assembly election results, the unpopular reforms might be postponed to some extent like FDI in retail, deregulation of diesel prices.

"It breaks the confidence of the government. Still it can go ahead in the budget by taking measures to contain inflationary pressures, which could be building up again. The fiscal deficit is already out of hand. There is no other option but to contain it."

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