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2012 & Beyond: India’s Budget Presented With Elections to Follow

Epoch Times Staff Created: December 31, 2012 Last Updated: January 2, 2013
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Activist-turned-politician Arvind Kejriwal burns a copy of the Lokpal Bill, an anti-corruption bill that activists criticized as exempting the prime minister from scrutiny, on Aug. 4, 2011. Kejriwal formed the 'Aam Aadmi Party' (Common Man Party), which could be a major player in the 2013 federal elections. (Sajjad Hussain/AFP/Getty Images)

Activist-turned-politician Arvind Kejriwal burns a copy of the Lokpal Bill, an anti-corruption bill that activists criticized as exempting the prime minister from scrutiny, on Aug. 4, 2011. Kejriwal formed the 'Aam Aadmi Party' (Common Man Party), which could be a major player in the 2013 federal elections. (Sajjad Hussain/AFP/Getty Images)

The Indian government will present its budget in 2013, leading up to national elections in 2014, with a focus on playing out controversial economic reforms it introduced this year. India opened its doors to a drastic increase in foreign direct investment, allowing foreign control of much of its resources. 

Early elections may take place in 2013. The budget will play a crucial role in determining the success or failure of the ruling party, whether it runs its full term or not. 

A new star on the Indian political stage could take the spotlight in 2013. Arvind Kejriwal, the activist-turned-politician, formed the Aam Aadmi Party (Common Man’s Party) on the momentum of a mass anti-corruption movement in India.

As one of the very few parties in India that is unaffiliated with the caste system, nondynastic, and secular, its success could set new political trends in India.

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