Political Risk

Lower House in India Passes Bill to Create a 29th State

“After more than 40 years of dispute, a bill on Telangana finally reached the lower house on Tuesday afternoon and was passed unanimously. Critics said the burst of progress was driven by major political parties, hoping to consolidate regional support before general elections in May. More than a dozen lawmakers, all opposed to the new state, were excluded from the vote for disciplinary reasons after the pepper spray incident.”

Source: Lower House in India Passes Bill to Create a 29th State – NYTimes.com

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