Thackeray Legacy Faces Extinction Threat After BMC Rout

• The Thackeray family's political legacy is in jeopardy after significant losses in state civic elections, particularly the BMC.
• The Shiv Sena, under Uddhav and Raj Thackeray, deviated from Balasaheb's core ideology of 'Marathi manoos plus Hindutva' by allying with Congress and NCP.
• The party's campaign lacked imagination, relying on 'outsider'-bashing while ignoring issues like illegal immigration, contrasting with BJP's stance.
• Demographic shifts in Mumbai, with a dwindling Marathi-speaking population, have further impacted the Thackeray's traditional voter base.
• Losing control of the cash-rich BMC (Rs 55,000 crore budget) cuts off a major funding source, threatening the party's future and talent retention.

Why It Matters: The Thackeray legacy is at risk due to ideological shifts, electoral defeats, and loss of BMC funding.