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BJP loses majority: How it’s impacts Modi’s economic reforms

How India’s economy has fared under ten years of Narendra Modi

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

Modi set to take oath for the third time on June 8 as allies pledge support

Narendra Modi gestures as he arrives at BJP headquarters in New Delhi

HYDERABAD/NEW DELHI, June 5 (Reuters): Indian Prime Minister Narendra Modi’s National Democratic Alliance formally named him on Wednesday to lead a new coalition government for a third straight term, a day after it regained power with a surprisingly slim majority. Modi, a populist who has dominated Indian politics since 2014, will for the first time head a government dependent on the support of regional allies whose loyalties have wavered over time, which could complicate the new cabinet’s reform agenda. A day after the humbling election outcome for his Bharatiya Janata Party (BJP) became clear, Modi submitted his resignation to President

Naidu’s resurgence from arrest to electoral triumph in Andhra Pradesh

Three years ago, Nara Chandrababu Naidu stormed out of the state assembly in anger, vowing to return only as the chief minister. On Tuesday, he appeared poised to make good on that promise, leading his Telugu Desam Party (TDP) to a resounding victory in the Andhra Pradesh assembly elections. According to recent figures, Naidu’s TDP was ahead in 135 out of 175 assembly seats. This marks a significant political comeback for Naidu, who was arrested months earlier in connection with an alleged corruption case. The outgoing assembly had just 23 TDP members. In the concurrent Lok Sabha elections, the TDP

Ridiculed for a decade, India’s Rahul Gandhi slows Modi juggernaut

New Delhi, June 4 (Reuters): Indian opposition leader Rahul Gandhi, mocked by Prime Minister Narendra Modi and his supporters for a decade as an entitled dynast, marked a stunning comeback on Tuesday, emerging at the centre of an alliance that made deep inroads into ruling party strongholds. The scion of India’s fabled Nehru-Gandhi political dynasty, he embarked on two cross-country marches against what he called Modi’s politics of hate and fear, giving a jolt of enthusiasm to his Congress party and rehabilitating his own image. Reduced by a Modi landslide to just 52 seats in the 543-member lower house of

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