AGL 35.70 Increased By ▲ 0.95 (2.73%)
AIRLINK 133.50 Decreased By ▼ -2.60 (-1.91%)
BOP 4.97 Decreased By ▼ -0.07 (-1.39%)
CNERGY 4.03 Decreased By ▼ -0.12 (-2.89%)
DCL 8.42 Decreased By ▼ -0.18 (-2.09%)
DFML 47.40 Decreased By ▼ -1.53 (-3.13%)
DGKC 75.00 Decreased By ▼ -0.75 (-0.99%)
FCCL 24.25 Increased By ▲ 0.06 (0.25%)
FFBL 46.00 No Change ▼ 0.00 (0%)
FFL 8.93 Decreased By ▼ -0.12 (-1.33%)
HUBC 154.10 Increased By ▲ 1.25 (0.82%)
HUMNL 11.00 Increased By ▲ 0.23 (2.14%)
KEL 4.06 Increased By ▲ 0.04 (1%)
KOSM 8.88 Decreased By ▼ -0.01 (-0.11%)
MLCF 32.75 Decreased By ▼ -0.26 (-0.79%)
NBP 57.80 Decreased By ▼ -0.10 (-0.17%)
OGDC 142.80 Increased By ▲ 1.50 (1.06%)
PAEL 26.01 Increased By ▲ 0.31 (1.21%)
PIBTL 5.92 Decreased By ▼ -0.12 (-1.99%)
PPL 114.60 Decreased By ▼ -0.10 (-0.09%)
PRL 24.15 Decreased By ▼ -0.10 (-0.41%)
PTC 11.47 Decreased By ▼ -0.06 (-0.52%)
SEARL 58.00 Increased By ▲ 0.50 (0.87%)
TELE 7.71 Decreased By ▼ -0.04 (-0.52%)
TOMCL 41.14 Increased By ▲ 0.44 (1.08%)
TPLP 8.67 Increased By ▲ 0.09 (1.05%)
TREET 15.08 Increased By ▲ 0.05 (0.33%)
TRG 59.90 Increased By ▲ 5.42 (9.95%)
UNITY 28.00 Decreased By ▼ -0.50 (-1.75%)
WTL 1.35 Decreased By ▼ -0.04 (-2.88%)
BR100 8,460 Increased By 83.9 (1%)
BR30 27,268 Increased By 161.9 (0.6%)
KSE100 80,461 Increased By 970.2 (1.22%)
KSE30 25,468 Increased By 399.6 (1.59%)

INDIA-ELECTIONNEW DELHI: Indian national and state lawmakers voted on Thursday for a new president, with former finance minister Pranab Mukherjee seen as a certainty to take up the mainly ceremonial post.

Mukherjee, the candidate of the ruling Congress-led alliance, is a respected conciliator, and as head of state he may play a role in who governs India after the general election due in 2014.

The president oversees the formation of a new government when no party wins a clear majority, and most observers predict a close result at the next polls given the poor economic outlook and the Congress administration's struggles.

The outcome of the presidential vote will be announced on Sunday, but Mukherjee, 76, has far more support than his rival, former parliamentary speaker P.A. Sangma, now a state legislator for a tribal constituency in the remote northeast.

Mukherjee was set to claim 67 percent of the electoral college vote with Sangma on 30 percent, according to the CNN-IBN news channel.

"There is no permanent equation in India's coalition politics and if Mukherjee becomes the president then his art of negotiation will be put to the test," T.K. Tripathi, a leading political analyst and author, told AFP.

"He can be the kingmaker in this age of complex coalition politics."

The new president will succeed Pratibha Patil, the first woman to hold the post, who took a low-profile and strictly detached approach to her five years in the job.

Mukherjee was until last month the finance minister at the heart of a government that has been beset by policy paralysis, rebellious coalition partners and corruption scandals since winning re-election in 2009.

He has also endured heavy flak for India's recent sharp fall in economic growth and a growing sense of domestic and international pessimism about the country's future after years of rapid development.

Amid such uncertainty, Congress faces a major challenge in keeping enough coalition allies on board to push through much-needed reforms, and the party is already braced for a tough battle in the 2014 polls.

The main opposition Bharatiya Janata Party (BJP), which is supporting 64-year-old Sangma for president, is also unlikely to secure a clear win in national elections, meaning regional parties could hold the balance of power.

Congress scored one victory on Wednesday when the Trinamool Congress party, which has been the ruling coalition's most troublesome partner, reluctantly agreed to back Mukherjee.

"Every party is scouting new partners to be able to form the government," Sanjay Kumar, a political analyst at the Centre for the Study of Developing Societies think-tank in New Delhi, told AFP.

"In this turbulent scenario Mukherjee as a president will be able to steer the ship of the state. He is a trouble-shooter."

Under the constitution, the prime minister holds most executive power, with the president chiefly employed to welcome foreign dignitaries and helping -- if necessary -- in the formation of governments.

The president can also return some bills to parliament for reconsideration.

Indian presidents are chosen by an electoral college comprising MPs from the federal parliament's two houses and from the state legislatures.

 

Copyright AFP (Agence France-Presse), 2012

 

Comments

Comments are closed.