Economics
India’s Opposition Party Is Running Out of Cash
- Corporate funding has dried up, forcing crowd-funding for poll
- Modi’s ruling BJP attracted an 81 percent increase in income
The Global Ambitions of India's Hug-Loving Leader
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India’s main opposition Congress party is facing a financial crisis that could undermine its ability to wrest power from Prime Minister Narendra Modi’s wealthy Bharatiya Janata Party in 2019.
For the past five months, Congress leadership has stopped sending the funds required to run its offices in various states, party officials with knowledge of the matter said, asking not to be identified as they were not authorized to speak to the media. To overcome the crisis, Congress has urged members to step up contributions and asked officials to cut expenses, they said.