Post the Bihar election results, new political formations are on the anvil. And it is the anti-BJPism that will drive these formations as the Congress has certainly ceded political space to its prime rival
Bihar has once again changed the paradigm: in 1917, Champaran set the tone for the freedom struggle; in 1974, the JP movement heralded the end of Congress hegemony at the Centre; in 2015, the fiercely contested Assembly poll has set a new course for contemporary political discourse with anti-BJPism as the focal point.
Stock markets have a concept of course correction; overvalued blue chip stocks sometimes come crashing to ultimately recover and reach their optimal levels. The Bihar outcome should be seen as an opportunity for course correction by the BJP under Narendra Modi. The euphoria of the 2014 triumph has somewhat evaporated. Modi had created hope and thereby generated respect. Eighteen months later, the promise of achhe din is providing grist for mockery. The Modi government has made a difference, but that difference is overshadowed by incessant political sabre-rattling by the ruling party and a resultant sniping by the opposition. Rising prices, inter alia, have made the government’s achievements opaque.