From Asia News.
“The electoral result, declared so far, indicates a landslide win for the BJP, which should propel the stock markets to new heights,” said Clifton Desilva, director of Altina Securities Pvt Ltd, as he spoke to AsiaNews about India’s election results and the BJP victory.
According to the latest projections, Modi’s party has 277 seats out of 543. The BJP and its coalition partners together now hold 336 seats. However, “Now that the BJP is likely to attain a sweeping mandate it does not have to depend on allies as was the case with the UPA government,” Desilva said. The UPA or United Progressive Alliance was the Indian Congress Party-led coalition that lost the election.
What is more, the BJP “has the reputation of being a business-oriented party,” Desilva noted. Thus, “all the big reforms that the UPA could not implement it is hoped that the BJP will implement them. [. . .] In fact the last five to six years we have seen the stock market sliding to new lows with the GDP [growth] slipping from 9.5 per cent to 4.5 per cent”.
Under a BJP administration, “it is expected that the investment cycle, which was stalled for various reasons, will get a kick start.” As a result, “projects worth over Rs 6 trillion (US$ 100 billion) that were stalled are likely to be revived, which will have a positive impact on reviving the growth of the Indian economy”, especially in terms of infrastructure, capital goods and banking sectors.
As soon as the BJP victory appeared to be a foregone conclusion, foreign governments rushed to congratulate the new leader.
But, Religious Freedom Coalition reports a concern.
Advocacy officials say policies of the influential Bharatiya Janata Party (BJP) has contributed to an atmosphere of hatred towards Christians. The BJP is the ruling party in three of the five Indian states with laws that forbid forced religious conversions.
The legislation is frequently used to shut down churches or intimidate Christians who speak about their faith, according to rights activists.
The party has proposed stiffer penalties in one of those states, Madhya Pradesh, India’s second-largest.
Narendra Modi, chief minister of Gujarat, another BJP-ruled state with anti-conversion laws on the books, is “the poster child for India’s failure to punish the violent,” said Katrina Lantos Swett, vice chairwoman of the U.S. Commission on International Religious Freedom, and Commissioner Mary Ann Glendon in a joint November opinion column.
While under BJP rule, Karnataka state had the country’s highest rate of attacks against Christians from 2010 through 2012, according to Christian estimates.
[…]National parliamentary elections are scheduled for May, and Narendra Modi is the BJP’s candidate for prime minister.
Hindu militants have expressed anger over the spread of Christianity in India, a predominantly Hindu nation of over 1 billion people.
In a reaction, the World Evangelical Alliance (WEA) made clear it was closely monitoring the situation saying it had urged believers to “Pray for God’s protection over all Christians living in Andhra Pradesh” especially “for pastors and Christian workers…that they would continue to place their trust in the Lord and engage in missions in spite of the present situation.”
It was also important to “Pray that the Lord would grant repentance to those who are instigating violence against Christians,” stressed the WEA, which claims to represent some 600 million evangelical Christians in 128 countries.
I want India to do well, and Modi’s pro-business record in Gujarat cannot be questioned. However, I am worried about his Hindu Nationalism and the price that Christians might pay for evangelizing, which is a normal part of the Christian faith. Hinduism is a non-cognitive religion, so they are not used to arguments and evidence. It’s a community/family/culture thing. So they don’t understand how a person can evangelize except by non-cognitive means, e.g. – bribes. I am worried especially for the Dalits and other low-caste Indians in this environment.
Please pray for Christians in India. Do it now.