Modi’s party rejects election defeat forecast in Delhi polls



NEW DELHI // Narendra Modi’s party staunchly denied on Sunday that India’s prime minister was facing his first election defeat since storming to power last year even though exit polls tipped an anti-corruption camapaigner to win New Delhi’s state polls.

Six exit polls released hours after voting ended on Saturday indicated the Aam Aadmi Party (AAP) of former Delhi chief minister Arvind Kejriwal had comfortably beaten Mr Modi’s Hindu nationalist Bharatiya Janata Party (BJP).

Exit polls also predicted another humiliating loss for the left-leaning Congress party which has dominated Indian politics since indepedence in 1947.

But polls have been inaccurate in the past before.

A BJP leader refused to throw in the towel on Sunday, saying official results released on Tuesday would show a different story.

“The results will defy the exit poll predictions as BJP will emerge victorious and will definitely form the next government,” Ramesh Bidhuri, general secretary of the BJP’s Delhi party, said.

“[But] if BJP does lose the elections, we cannot say Narendra Modi’s popularity has dwindled or the Modi wave is over,” he added.

India’s commerce minister Nirmala Sitharaman was less confident, saying only that “we are hopeful that we will win”.

Observers say a defeat will be a significant setback for a prime minister who has enjoyed an extended honeymoon with voters since his landslide general election victory.

A loss for Mr Modi would also set back his plans to consolidate power in the national parliament to push through promised economic reforms.

Victory for Mr Kejriwal would mark a stunning comeback for the anti-corruption champion who resigned following a chaotic 49-day spell in charge of the Delhi state government a year ago.

Mr Kejriwal was trounced by Mr Modi when they battled for the same seat in May’s general election. The AAP won only four seats nationally.

* Agence France-Presse

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Global institutions: BlackRock and KKR

US-based BlackRock is the world's largest asset manager, with $5.98 trillion of assets under management as of the end of last year. The New York firm run by Larry Fink provides investment management services to institutional clients and retail investors including governments, sovereign wealth funds, corporations, banks and charitable foundations around the world, through a variety of investment vehicles.

KKR & Co, or Kohlberg Kravis Roberts, is a global private equity and investment firm with around $195 billion of assets as of the end of last year. The New York-based firm, founded by Henry Kravis and George Roberts, invests in multiple alternative asset classes through direct or fund-to-fund investments with a particular focus on infrastructure, technology, healthcare, real estate and energy.

 

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Visa changes give families fresh hope

Foreign workers can sponsor family members based solely on their income

Male residents employed in the UAE can sponsor immediate family members, such as wife and children, subject to conditions that include a minimum salary of Dh 4,000 or Dh 3,000 plus accommodation.

Attested original marriage certificate, birth certificate of the child, ejari or rental contract, labour contract, salary certificate must be submitted to the government authorised typing centre to complete the sponsorship process

In Abu Dhabi, a woman can sponsor her husband and children if she holds a residence permit stating she is an engineer, teacher, doctor, nurse or any profession related to the medical sector and her monthly salary is at least Dh 10,000 or Dh 8,000 plus accommodation.

In Dubai, if a woman is not employed in the above categories she can get approval to sponsor her family if her monthly salary is more than Dh 10,000 and with a special permission from the Department of Naturalization and Residency Dubai.

To sponsor parents, a worker should earn Dh20,000 or Dh19,000 a month, plus a two-bedroom accommodation

 

 

 

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