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The World Today: India Election: Opposition Party's Candidate Heading For Landmark Victory
Posted
December 24, 2015
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December 24, 2015
19
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4:24Now PlayingOpposition candidate, Narendra Modi, is heading for a landmark victory on Friday in India's election, with partial results showing that the pro-business Hindu nationalist and his party is far ahead of the ruling Nehru-Gandhi dynasty in a remarkable political shift.
Modi's landslide, the most resounding election victory India has seen in 30 years, was welcomed with a blistering rally on India's stock markets and raucous celebrations at offices across the country of his Bharatiya Janata Party (BJP), where supporters danced, exploded fireworks and gave out sweets.
The BJP looked certain of a parliamentary majority, giving the 63-year-old former tea-seller ample room to advance economic reforms which were started 23 years ago by current Prime Minister, Manmohan Singh, but stalled in recent years.
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