Historically "Right" has broadly come to be associated with conservative parties while "Left" with socialist parties.
Tagbazi
Congress party -- Liberal or Social Liberalism and mixed capitalist and socialist
BJP -- "Conservative", largely taking into consideration the BJP's Hindu nationalist and social conservative policies.
However, this is a very western approach of classifying politics in India. This model fails to take into account some of the unique nuances of Indian politics.
For example,
- Would support for reservations be classified as liberal or conservative, especially since reservations have largely preserved the status quo, while a lack of reservations has significantly provided more opportunity for lower castes.
- Should the casteist parties (Janta Dal, RJD, BSP, SP) be considered liberal or conservative (left winger or right)?
- Indian political parties keep on changing their stance based on whether they are in power or not.
Therefore in an Indian context, this 2-dimensional political spectrum shows the current situation as to which party stands where on the socio-economic left-right scale.
Some Other Graphics
Credit: Quora.