Indian Government will not fall!

Indian Government is safe and will not fall. All thanks to the Left parties who blustered and threatened the UPA in power only to be faced with the 'for once strong' Prime Minister. Dr. Manmohan Singh challenged the Left that they could withdraw support and so be it.

Calling themselves allies of the UPA government, they had been a stumbling block from the word go on progressive proposals of the government, in foreign investment in Insurance industry, privatisation of Public Sector Units, foreign investment in retail trade etc. They got away with it since the government, until now, did not challenge the Left.

Following such victories, the Left challenged the Indo-US 123 Agreement, but the Prime Minister stood fast - "No renegotiation".

This face off, made the media use page after page in announcing possibilities of an early election. An early election would have been good for the country. With 94% Indians supporting the Indo-US Agreement, in an early election the Left would have been wiped off, the BJP would have lost many seats and the Congress could have come back to power without the need for allies.

Now this cannot be! The Left realises the danger in early elections with their own party in Bengal weakened by riots in Singur and the shooting against civilians in Nandigram costing 44 lives. In Kerala they are absolutely disunited within their party. Faced with facts, the Left has changed its tune. Now they tell the Congress, "We are not demanding rejection or stoppage of the Agreement. We are only suggesting a pause"!!!

The threat has been faced squarely; the government will not fall; and there will be a smile on every Brokers' face at the Mumbai Stock Exchange on 27th August.