Britain Election Result 2024Rishi Sunak has accepted his defeat in Britain. Now Keir Starmer of the Labour Party will become the Prime Minister of Britain. In Britain, 326 seats out of 650 are required to form a government, which is the majority figure. The Labour Party has achieved this figure. When the government of any country changes, it has its own agenda, the formation of a new government in Britain will also affect India.
Experts say that the victory of the Labour Party in the UK can have an impact on India. Now there can be a delay in the free trade agreement with the UK. Also, there can be strictness on visas for people working in the IT and financial sectors. If we look at history, the Labour Party’s attitude towards visas has always been strict, that is why it is being believed so. At the same time, leniency in the proposal of carbon tax also seems difficult, because along with Europe, the UK is also in favor of carbon tax. The Labour Party is not in favor of concessions in carbon tax.
What is the India-UK Free Trade Agreement
Prime Minister Narendra Modi And Rishi Sunak has worked hard for a free trade agreement. Both leaders had agreed to negotiate an FTA at the G-20 summit in New Delhi last year, but the deal could not be finalised due to the elections. Now, with the change of government in Britain, it may be put on hold.
These are the major reasons for the defeat
Wages in Britain declined even after the inflation rate decreased. Food prices are constantly rising, which spread discontent among the public. Britain has been facing many challenges since the Brexit referendum in 2016. The Conservative Party also had to face continuous scandals. This also includes controversies like Partygate during the Covid-19 restrictions, due to which Boris Johnson had to leave the post of PM. People were angry about many policies of Prime Minister Rishi Sunak.
He made illegal immigration his favorite issue. People believed that this was an attempt to divert attention from issues such as corruption in his party. His policy of sending undocumented immigrants to Rwanda has been considered inhuman by many British citizens. In Britain, which is already witnessing an economic crisis and inflation since Corona, Keir Starmer of the opposition Labor Party promised economic growth. Many of Starmer’s promises to the public also became the reason for Rishi Sunak’s defeat.