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Rupee trades lower at 69.74 per dollar The Indian rupee is trading lower at 69.74 per dollar versus previous close 69.67. On Monday the rupee ended 32 paise lower at 69.67 against the US dollar on the back of surge in crude oil prices. The dollar-rupee April contract on the NSE was at 69.71 in the previous session. April contract open interest increased 7.23% in the previous session, said ICICIdirect. We expect the USD-INR to meet supply pressure at higher levels. Utilise the upsides in the pair to initiate short positions, it added.

Karnataka Legislative Assembly election, 2018

Karnataka Legislative Assembly election, 2018

From Wikipedia, the free encyclopedia
Karnataka Legislative Assembly election, 2018
India
← 201312 May 2018 (222 seats), 15 May 2018 (1 seat) & 28 May 2018 (1 seat)2023 →

All 224 seats in the Karnataka Legislative Assembly
113 seats needed for a majority
 Siddaramaiah1.jpgYeddyurappa (cropped).jpgKumaraswamy.jpg
LeaderSiddaramaiahB. S. YeddyurappaH. D. Kumaraswamy
PartyINCBJPJD(S)
AllianceJD(S) + BSP
Leader's seatChamundeshwari
Badami
ShikaripuraRamanagara
Current seats1194229

Wahlkreise zur Vidhan Sabha von Karnataka.svg
Constituencies of the Karnataka Legislative Assembly

Incumbent Chief Minister


An election will be held in Karnataka on 12 May 2018 in 222 constituencies out of 224 of the Karnataka Legislative Assembly. Election has been postponed in one constituency following the death of B.N. Vijay Kumar, Jayanagar BJP candidate and other constituency following seizure of around 10,000 voter identity cards. The counting of votes and announcement of result will take place on 31 May 2018. The two opposition parties, Bharatiya Janata Party (42 seats)[1] and Janta Dal (S) (29 seats),[1] along with their allies, will take on the incumbent Indian National Congress(119 seats)[1], while Aam Aadmi Party will mark its debut in the state.[2] The Bahujan Samaj Party made an alliance with the JD(S) and decided to contest 20 of the 224 seats. The majority of opinion polls have predicted a narrow lead for the Congress, however the BJP is expected to give a tight fight.

Background

The tenure of Karnataka assembly ends on May 28, 2018.[3]

Organization

The Times of India reported in late February 2018 that the state had fewer electronic voting machines than the minimum mandated requirement to be stored going into elections for any state assembly. The report stated that only 20 per cent or 11,398 EVMs were in place against the requirement of 56,994 machines, one each for a polling station. Bharat Electronics Limited, which provides 80 per cent of the machines began supplying during this time.[4]The District Election Officer for the Bangalore region stated that a "vulnerability mapping exercise" would be conducted to ensure "free and fair polls". He added that 550 Sector teams, each headed by a sector magistrate, a police officer (not below the rank of an Assistant sub-inspector) and a videographer, were formed, one for every 15 of the 8,274 polling stations in the said region.[5]

Schedule

The schedule of the election was announced by the Election Commission of India on 27 March 2018. It announced that polling would be held in a single phase on 12 May and that results would be declared on 15 May.[6] It also declared that the provisions of the Model Code of Conduct "came into force with immediate effect" with the said announcement.[7][8]
EventDateDay
Date for nominations17 April 2018Tuesday
Last date for filing nominations24 April 2018Tuesday
Date for scrutiny of nominations25 April 2018Wednesday
Last date for withdrawal of candidatures27 April 2018Friday
Date of poll12 May 2018Saturday
Date of counting31 May 2018Thursday
Date before which the election shall be completed31 May 2018Thursday

Controversies

The Election Commission of India ran into a major embarrassment on 27 March 2018, when Karnataka Congress' social media in-charge, Srivasta, tweeted the dates before they were officially released [9]. BJP IT cell head Amit Malviya tweeted the election dates [10]. However, both of them got the counting day incorrect in their tweets. Both the tweets were deleted after an outrage on twitter. Amit Malviya later claimed that he got the information from Times Now, a 24 hour English news channel[11]. The news was reportedly also shown by a local Kannada news channel. Later it was revealed that even Times Now got the counting day incorrectly as May 18 2018, instead of May 15 2018.[12]
Om Prakash Rawat, the Chief Election Commissioner of India, formed a committee to investigate into the alleged leak.[13] The terms of reference of the formed committee included probing certain media outlets and Congress' social media head Srivasta, but not BJP's Amit Malviya[14]. This prompted allegations of the Election Commission of India being biased for the BJP by the Congress.
On 14 April 2018, the committee said that the media reports were mere speculation and not a leak.[15]
On 7th May 2018 Economic Times reported that nearly 28% i.e about 391 of all the candidates filed nomination in the upcoming assembly election faces criminal charges which included 254 candidates with serious charges like attempt to murder and crime against woman.This data analysis by non governmental ADR ( Association for democratic reforms)Report is well supported by the data provided by the candidates by their affidavits deposited during their nomination . [16]
On 8th May 2018, Congress MLA Munirathna's visiting cards and pamphlets were found along with almost 10,000 voter ID cards at a flat in Bengaluru. On 11th May, 2018 he was booked by Election Commission and an FIR was also filed against him for trying to bribe voters and distribute freebies worth Rs 90 lakh.[17]
On 11th May 2018, media reported a 4-page bribe ledger with details of payouts to various towns and cities in and around Congress Chief Minister Siddaramaiah’s constituency Badami. The ledger was recovered at a Badami resort where Congress leaders were staying. and has details of even the names of the voting booths where payments were made. As per the records in the diary, the total payments allegedly made were to the tune of Rs 1.6 Crore.[18]

Election campaign

The Bharatiya Janata Party (BJP) officially began its election campaign on 2 November 2017.[19] The party spent 85 days covering all the assembly constituencies, culminating in Bangalore on 4 February 2018, with Prime Minister Narendra Modi addressing it.[20] In early March, the party launched a 14-day Protect Bengaluru March travelling across Bangalore aimed at, according to the party, "reviving" and "rebuilding" the city from Indian National Congress' "criminal neglect".[21]
In December 2017, the Karnataka Pradesh Congress Committee, although not part of the election campaign, undertook a task of setting up booth-level committees at 54,261 locations in the state which will be responsible to disseminate information on various programmes of the ruling Indian National Congress and their implementation. The move was seen as an "extensive outreach programme" preceding the elections.[22]

Opinion polls

[hide]Polling firm/CommissionerDate publishedLead
BJPINCJD(S)Others
Public TV[23]2 January 201885–9590–9540–450–615
TV9-CVoter[24]5 January 201896
35.90%
102
36.60%
15
18.80%
1
8.70%
6
0.7%
CHS[25]13 January 201873–76
36.40%
77–81
33.20%
64–66
24.90%
5
-3.2%
Creative Center for Political and Social Studies[26]2 February 20181138525128
C-Fore[27]26 March 201870
31.00%
126
46.00%
27
16.00%
1
7.00%
56
15.0%
India Today-Karvy Insights[28]13 April 201878-86
35%
90-101
37%
34-43
19%
2-12
9%
14
2.0%
BTV[29]19 April 201882-87
35%
94-99
37%
39-44
19%
2-6
9%
12
2.0%
Graphnile[30]20 April 2018741302056
Times Now-VMR[31]23 April 201889
35%
91
37%
40
19%
4
9%
2
2.0%
Jain Lokniti-CSDS[32]23 April 201889-95
35%
85-91
37%
32-38
20%
12
8%
4
-2.0%
C-Fore[33]1 May 201863-73
35%
118-128
37%
29-36
20%
2-7
8%
55
2.0%
Jan Ki Baat[34]4 May 2018102-108
40%
72-74
38%
42-44
20%
2-4
2%
30
2.0%
ABP News-CSDS[35]7 May 201879-89
33%
92-102
38%
34-42
22%
1-7
7%
13
5.0%
Flash News - TV 5[36]7 May 2018110-120
36-38%
65-75
33-35%
38-42
20-22%
2-645
3.0%
Graphnile[37]7 May 2018671243357
Samyuktha TV[38]8 May 201880–90100–11040–450–620
Spick Media[39]9 May 20188810131313
India TV[40]9 May 2018859638411
News X-CNX[41]9 May 201887903973
Average as on 8 May 2018879636059

Preferred Chief Minister polling

Some opinion pollsters asked voters the party leader they would prefer as Chief Minister – Siddaramaiah (Indian National Congress), B. S. Yeddyurappa (Bharatiya Janata Party). or H. D. Kumaraswamy (Janata Dal (Secular)). Lokniti-CSDS conducted surveys between 10 and 15 January interviewing 878 people. While 34 per cent of the sample wanted Siddaramaiah to remain the chief minister for the next term, 19 per cent chose Kumaraswamy and 14 per cent chose Yeddyurappa.[42] A poll conducted by CHS in the same month found that Kumaraswamy was the first choice, followed by Yeddyurappa and Siddaramaiah in that order.[43] C-Fore's survey of a sample size of 22,357 voters across 154 assembly constituencies between 1 and 25 March showed that Siddaramaiah, with 45 per cent, was the most popular choice for Chief Minister, followed by Yeddyurappa at 26 per cent and Kumaraswamy at 13 per cent, while 16 per cent preferred 'others'.

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