BJP loses majority: How it’s impacts Modi’s economic reforms
There have been discussions around the world recently over the new turn in electoral politics in India with reference to how the BJP has lost its absolute majority in the Lok Sabha. This shift in political situation is very important for economic and fiscal changes initiated by Prime Minister Narendra Modi for which concern from the side of leading global rating agencies is expressed. BJP and Coalition Formation It must however be noted that the BJP won 240 parliamentary seats in the just concluded 2019 Lok Sabha polls but failed to achieve a clear majority. Therefore, the party plans to