Praja Socialist Party
The
Praja Socialist Party was an
Indian
political party in existence from
1952 to
1972. It was founded when the
Socialist Party, led by
Jayprakash Narayan,
Acharya Narendra Deva and Basawon Singh (Sinha), merged with the
Kisan Mazdoor Praja Party led by
J.B. Kripalani (formerly a close associate of
Jawaharlal Nehru). A section led by
Rammanohar Lohia broke from the party in
1955, resuming the name "Socialist Party". At the party's first general election in
1957, the PSP won 10% of the vote (the second-highest after
Congress) and 19 seats in the
Lok Sabha. However, the party's vote share continued to decline over the next few elections. Another section of the party, led by the
trade union leader
George Fernandes, broke off to become the
Samyukta Socialist Party in
1969. In
1972, the PSP merged with Fernandes's party to become the
Socialist Party once more, before becoming part of the
Janata coalition following the
Emergency in 1977.