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VisitIndia's GDP growth rate for 2024?
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Official statistics from the Ministry of Statistics and Programme Implementation, India and recognized financial news agencies.
Narendra Modi Chosen by NDA to Lead Coalition Government, Swearing-In on June 9
Jun 6, 2024, 01:43 PM
Indian Prime Minister Narendra Modi has been formally chosen by his National Democratic Alliance (NDA) to lead a new coalition government for a third consecutive term. Despite expectations of a landslide victory, Modi's Bharatiya Janata Party (BJP) faced a surprisingly narrow win, losing its outright majority in Parliament. The election results have led to a coalition government, with Modi securing crucial backing from key allies. The swearing-in ceremony is scheduled for June 9 at Rashtrapati Bhawan. The election outcome has caused significant reactions both domestically and internationally, with leaders such as French President Emmanuel Macron and Bangladesh's Prime Minister Sheikh Hasina congratulating Modi. The results reflect voter concerns over issues like unemployment, high inflation, and falling incomes, which have affected Modi's popularity. This election is seen as a rebuke to Modi's consolidation of power and a potential shift towards a more balanced political landscape in India.
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