India’s Modi sworn in as prime minister for historic third term
His new term as premier is likely to be fraught with challenges on building consensus on contentious political and policy issues, analysts say
NARENDRA Modi was sworn in as India’s prime minister on Sunday (Jun 9) for a record-equalling third term, but as a restive coalition’s head after a shock poll setback that will test his ability to ensure policy certainty in the world’s most populous nation.
President Droupadi Murmu administered the oath of office to Modi at a grand ceremony at the Rashtrapati Bhavan, the president’s palace in New Delhi.
The event was attended by thousands of dignitaries, including the leaders of seven regional countries, Bollywood stars and industrialists.
Modi started as a publicist of the Hindu nationalist Rashtriya Swayamsevak Sangh (RSS), the ideological parent of his Bharatiya Janata Party (BJP).
He is only the second person after independence leader Jawaharlal Nehru to serve a third straight term as prime minister.
Modi, 73, secured the third term in elections that concluded on Jun 1 with the support of 14 regional parties in his BJP-led National Democratic Alliance (NDA).
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This was unlike in the previous two terms when his party won an outright majority.
The outcome is seen as a big setback to the popular leader as surveys and exit polls had predicted BJP would secure even more seats than in 2019.
Modi had delivered world-beating growth and lifted the country’s global standing but appeared to have missed a step at home as a lack of enough jobs, high prices, low incomes as well as religious fault lines pushed voters to rein him in.
When Modi was the chief minister of the western state of Gujarat from 2001 to 2014, BJP enjoyed strong majorities, allowing him to govern decisively.
Modi’s new term as prime minister, therefore, is likely to be fraught with challenges on building consensus on contentious political and policy issues in the face of different interests of regional parties and a stronger opposition, analysts say.
Some analysts worry that the fiscal balance in the world’s fastest growing economy could also come under pressure due to demands for higher development funds for states ruled by the NDA’s regional partners and a possible push by BJP to spend more on welfare to woo back voters it lost in this year’s election.
While the broad focus on building infrastructure, manufacturing and technology could continue, “contentious reforms could be delayed”, said Samiran Chakraborty, chief economist, India, at Citi Research.
“The BJP’s major coalition partners are politically unpredictable, sometimes working with the BJP and sometimes working against them,” added Rick Rossow, the chair in US-India Policy Studies at the Center for Strategic and International Studies in Washington.
“The larger parties that will be a part of his coalition are mostly agnostic on national-level issues and should not be applying a brake on economic reforms or security ties with the United States, Japan, and other key partners,” Rossow added.
Modi, whose election campaign was marked by religious rhetoric and criticism of the opposition for allegedly favouring India’s 200 million minority Muslims, has adopted a more conciliatory tone since the shock result.
“We have won the majority ... but to run the country it is unanimity that is crucial ... we will strive for unanimity,” he said on Friday after the NDA formally named him coalition head.
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