Kejriwal said AAP has decided to give a letter to Lt Governor Najeeb Jung expressing its readiness to form the government
Ending almost two-week-long deadlock, the Arvind Kejriwal-led Aam Admi Party (AAP)on Monday decided to form government at Delhi by taking outside support from Congress party.
Arvind Kejriwal, who led the debutant party to a spectacular victory in the polls winning 28 seats in the 70-member assembly, will be the chief minister (CM) of Delhi if the Lt Governor allows AAP to form the government, party leader Manish Sisodia said.
The party took the decision to form the government at a meeting of political affairs committee after analysing the results of the public referendum it had carried out in the last few days on the issue.
After the two-hour-long meeting, Kejriwal said AAP has decided to give a letter to Lt Governor Najeeb Jung expressing its readiness to form the government. “We were called by the Lt Governor to discuss government formation on 14th December. We had sought time to take a decision as ours is a party of common people and we want to their views," he said.
“We got responses from the citizens through website, phone calls, SMS and by holding public meetings and most of them favoured government formation by AAP. We are now going to give the letter to LG saying that AAP is ready to form the government,” Kejriwal told reporters at AAP’s office in Kausambi.
There has been deadlock over government formation in Delhi for nearly two weeks after the announcement of the results on 8th December. AAP has 28 seats while Congress with eight has agreed to give outside support. Bharatiya Janata Party (BJP) is the single largest party with 31 seats in Delhi.
Former CM and Congress leader Sheila Dikshit welcomed AAP’s decision to form government and hoped that it will be able to fulfil the promises made to people.
However, BJP reacting sharply to the development. "AAP move to form govt with Congress support is compromise of its principles and betrayal of people’s verdict", party leader Harsh Vardhan said.
Vesuvius’s technological strength has helped it beat the sluggish growth of the steel sector
Regulators sleeping in their ivory towers, the company’s share price has rocketed a humungous 270% between 17 January 2013 and 6 December 2013, from Rs11 to Rs40.65.
According to the BSE’s website, Kailash Auto is supposedly into ‘miscellaneous commercial services’ whatever that means. It has flouted listing norms, for which it got suspended by the BSE in February 2009, as well as shareholding disclosure and corporate governance norms.
Strangely, in March 2009, just a little over a month after the company was suspended, BSE revoked the suspension. The auditors’ report of 2011-12 noted that accumulated losses exceeded half of the company’s net worth. During the past four quarters, from December 2012 to September 2013, Kailash Auto reported erratic net sales of nil, Rs34 lakh, Rs16 lakh and Rs20 lakh, respectively. Its net profits for the same quarters were even more erratic, starting with a net loss of Rs73,000, followed by net profits of Rs9 lakh, Rs2 lakh and Rs9 lakh. But, with the regulators sleeping in their ivory towers, the company’s share price has rocketed a humungous 270% between 17 January 2013 and 6 December 2013, from Rs11 to Rs40.65.