Four states will go for elections during the next couple of months. I think BJP will lose in almost all of them for the following reasons.
- Excise duty on gold has caused jewelers to go on strike. This is inconvenience to millions.
- Inflation remains high. Even though the price of oil has reduced dramatically, BJP has raised the taxes on oil in India to avoid passing all the benefits to public.
- Budget did not lower taxes. BJP came to power on the agenda of better days, but it released a socialist budget that burdens the middle class.
- Even though, inflation remains high; BJP government continues to lower interest rates.
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