The Left Parties have decided to withdraw support to the UPA Government in protest of a civilian nuclear energy deal with the United States.
“We will send two letters to the President, one withdrawing support and the second one requesting a vote of confidence,” Debabrata Biswas, a leader of Forward Bloc, one of the four left parties said.
Meanwhile, unfazed by the Left parties’ threat to withdraw support to his government, Prime Minister Manmohan Singh has announced that India will very soon approach the IAEA for a nuclear safeguards agreement, a process he expects to move “very fast”.
The four parties — CPI (M), CPI, Forward Bloc and RSP — have sought an appointment with President Pratibha Patil for 9 July to submit their letter of withdrawal of support and to demand that the government proves its majority on the floor of the House.
In a letter to External Affairs Minister Pranab Mukherjee, the Left made it clear that there was no point in going ahead with the proposed meeting of the UPA-Left committee on the deal in view of PM’s remarks.
Ruling out any threat to the survival of the UPA government, RJD president Lalu Prasad has said that the alliance has majority support and it will be proved in Parliament.
About the fate of the nuclear deal, he said: “N-deal is very much on. The deal is essential for the government as we need energy.”
Analysts see the development as a positive move and expect the reforms to get back on track soon.
”Participants are expecting more speedy reforms which will take place and which will have a positive impact in the medium-to-long term in the economy,” said Alex Mathew, Head Research Centre, Geojit Financial Services Limited.
(with Agency inputs)