New Delhi, Nov 9 Attributing the NDA’s defeat in Bihar assembly elections to ‘huge index of opposition unity’, India’s Finance Minister Arun Jaitley said on Monday that it will not impact the economic reforms process. They should continue at a rapid pace, he said.
Admitting that some irresponsible statements by certain BJP functionaries during the course of elections did change the narrative, Jaitley said the “index of opposition unity” was one of the biggest factors that led to the victory of the Mahagathbandhan in the Bihar assembly elections.
On whether Bihar election was a referendum on the policies of the Centre, Jaitley, in an interview to ET Now, said, “The word referendum is loosely used… every election is not a referendum. A state election is not a referendum. You are not contesting on one issue.”
He further said that the vote share of BJP has not come down and the victory of the Mahaghatbandhan was on account of different opposition forces coming together.
About reforms, Jaitley said government would continue them by taking executive actions and also in the Budget, which would be announced in February next year.
On the specific question of the pending Goods and Services Tax (GST) bill, he hoped that Bihar, which is a consuming state, would support the legislation.
