Sentiment analysis with deep learning in resource-constrained languages is a challenging task. In this paper, we introduce a novel approach for sentiment analysis in resource-constrained scenarios using character embedding and cross-lingual sentiment analysis with transliteration. We use this method to introduce the novel task of inducing sentiment polarity of words and sentences and aspect term sentiment analysis in the no-resource scenario. We formulate this task by taking a metalingual approach whereby we transliterate data from closely related languages and transform it into a meta language. We also demonstrated the efficacy of using character-level embedding for sentence representation. We experimented with 4 Indian languages – Bengali, Hindi, Tamil, and Telugu, and obtained encouraging results. We also presented new state-of-the-art results on the Hindi sentiment analysis dataset leveraging our metalingual character embeddings.