NDA government hold about 30 per cent of the total seats in Rajya Sabha.
The BJP’s thumping victory in Uttar Pradesh and substantial gains made in other states will facilitate reforms as the ruling party inches closer to a majority in Upper House, Moody’s Investors Service said today.
“The 2017 state election results in India demonstrate broad-based popular support for the Indian government’s policy agenda and will facilitate the implementation of further reforms, a credit positive for the sovereign,” it said in a statement.
While the ruling NDA has an absolute…
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