Planning to invest before elections or hold it back?

The corridors of power in Delhi are buzzing with grapevine of a possible advancement of general elections to this yearend as against its scheduled time in mid-2019, when the current National Democratic Alliance (NDA) government led by Prime Minister Narendra Modi will complete its five-year term. Recently, O P Rawat, Chief Election Commissioner, stated that the Election Commission is capable of holding Lok Sabha polls in December, along with assembly elections in Madhya Pradesh, Rajasthan, Chhattisgarh and Mizoram. However, “BJP’s track record in advancing elections is not good. Historically, it has gone against them,” says Arun Kejriwal, Founder, Mumbai-based advisory firm Kejriwal Research. Riding high on the India Shining campaign, the Atal Bihari Vajpayee-led NDA had advanced the elections by six  months in 2004, which did not work to their...