Modi to Take Oath for Third Term with Regional Allies' Support

Indian Prime Minister Narendra Modi will take his third oath of office on June 8, 2023. For the first time, he will need regional allies, including the Telugu Desam Party from Andhra Pradesh and Janata Dal (United) from Bihar. Modi’s BJP won 240 seats, while the NDA secured a total of 293 in the 543-member lower house, and despite the reduced majority, broad policy continuity is expected.

Indian Prime Minister Narendra Modi is set to take his third oath of office on June 8, 2023.

For the first time, he will rely on regional allies, including the Telugu Desam Party (TDP) from Andhra Pradesh and Janata Dal (United) from Bihar, who pledged their support to his National Democratic Alliance (NDA).

Modi’s Bharatiya Janata Party (BJP) won 240 seats in the 543-member lower house, while the NDA secured a total of 293 seats.

This majority, though weaker than previous years, is expected to influence India’s reform agenda.

Despite concerns about fiscal policies and reforms, rating agencies anticipate broad policy continuity.

On the other side, the opposition INDIA alliance, led by Rahul Gandhi’s Congress party, secured 230 seats, marking a significant increase.

Both political entities are strategizing their next moves in New Delhi.

Modi’s reduced margin of victory in his Varanasi seat reflects a shift in voter sentiment, yet analysts remain optimistic about the feasibility of necessary reforms.