'India economic reforms fate look bleak'
a ballooning deficit and fears that the promised reforms may not be fully implemented. It was not clear on Wednesday whether the government would relent and allow the vote on retail reform to go ahead or if it would concede only to a motion allowing discussion of the move but not a vote, a less risky proposition.Singh's biggest coalition ally, the Trinamool Congress party, has withdrawn its support over the reform, leaving him in charge of a minority administration at a time when he is trying to revive growth in Asia's third-largest economy.
Trinamool is pushing for a vote of no-confidence in thegovernment during the winter session, which - if lost – could bring the government down and trigger a national election, well before it is due in 2014. For now, few opposition parties have the stomach for an early election, preferring instead to score political points by harrying a weakened government.But the highly fluid situation means nothing is certain."We expect a rocky ride," Citi Research said in an analyst note that questioned whether the government would be able to pass legislation given its minority status, despite its insistence that it has done the maths and has the votes.
The economic bills can be passed in parliament's lower house with the support of two big regional parties - the Samajwadi Party (SP) and Bahujan Samaj Party (BSP) - which are not part of the ruling coalition but often give it support in parliament.
However, the SP has previously opposed the pension
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