User:Magentic Manifestations/sandbox/Aftermath

Aftermath

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In a speech to his supporters on 4 June, Modi said that the NDA would form a third consecutive government.[1] Following a meeting with other members of the NDA on 5 June, Modi was formally endorsed to become prime minister again and on 7 June, he was selected as the parliamentry party leader of the NDA.[2][3] On 7 June 2024, Modi submitted the letter of support of 293 MPs to Droupadi Murmu, the President of India and the President invited him to form the government.[4]

He was inaugurated as the Prime Minister on 9 June.[5] This marked Modi's third term as the Prime Minister and his first time heading a coalition government,[6] with the TDP and JD(U) as major allies.[7][8][9] Along with Modi, a 71-member council of ministers also took charge, of which 61 belonged to the BJP, including ministers of foreign affairs, home affairs, finance and defence, while the major allies TDP and JD(U) had two ministers each, with the rest belonging to the other members of the NDA.[10]

Independent MP Vishal Patil representing the Sangli Lok Sabha constituency, who was a member of the Congress party earlier, extended support to it after the election, increasing the opposition alliance tally to 235.[11][12][13] On 8 June, the leadership of the Congress Party unanimously nominated Rahul Gandhi to become Leader of the Opposition, a position which had been vacant since 2014.[14]

Reactions

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Modi called NDA's victory as "a historical feat in India's history", while Congress president Kharge said "the election was a moral and political loss for Modi and a win for democracy and the public".[15] Leaders and officials of various countries congratulated Modi on the victory.[16][17][18][19][20][21][22]

The Indian stock market benchmark indices BSE Sensex and Nifty50 hit intraday record highs and the Indian rupee strengthened after the exit polls were released. However, on the day results were announced, the stock markets crashed.[23] On June 6, Rahul Gandhi called for an investigation, saying that Modi, Shah and finance minister Nirmala Sitharaman had misled investors into buying stocks before the release of the election results on 4 June in anticipation of a landslide victory by the BJP, which was refuted by the BJP stating that it was Gandhi who is trying to mislead the investors in the stock market.[24][25]

  1. ^ "Modi claims victory for his alliance in India's general election". ABP News. 4 June 2024. Archived from the original on 4 June 2024. Retrieved 4 June 2024.
  2. ^ "Allies back Modi for third term after election setback". BBC. 5 June 2024. Archived from the original on 5 June 2024. Retrieved 5 June 2024.
  3. ^ "India's Modi elected as leader of coalition and set to form new government". ABP News. 7 June 2024. Archived from the original on 7 June 2024. Retrieved 7 June 2024.
  4. ^ "President invites Narendra Modi to form government, oath ceremony on June 9". India Today. 7 June 2024. Archived from the original on 9 June 2024. Retrieved 9 June 2024.
  5. ^ "Narendra Modi sworn in for third term after narrow win". BBC. 9 June 2024. Archived from the original on 9 June 2024. Retrieved 9 June 2024.
  6. ^ "President appoints Narendra Modi as PM-designate; oath on Sunday evening". MSN. 7 June 2024. Archived from the original on 10 June 2024. Retrieved 9 June 2024.
  7. ^ Ellis-Petersen, Hannah (5 June 2024). "Narendra Modi wins backing of allies to form Indian government". The Guardian. ISSN 0261-3077. Archived from the original on 6 June 2024. Retrieved 5 June 2024.
  8. ^ Sinha, Shishir (5 June 2024). "NDA elects Modi as leader, President dissolves Lok Sabha". Business Line. Archived from the original on 5 June 2024. Retrieved 6 June 2024.
  9. ^ "From 'CEO CM' to kingmaker: You can't write off N. Chandrababu Naidu". The Economic Times. 6 June 2024. ISSN 0013-0389. Archived from the original on 7 June 2024. Retrieved 7 June 2024.
  10. ^ "Indian PM Modi names Cabinet for coalition government after his party lost majority". ABP News. 11 June 2024. Archived from the original on 11 June 2024. Retrieved 11 June 2024.
  11. ^ "After causing upset in Sangli seat, Vishal Patil rushes to Delhi, seeks to become Cong associate MP". The Indian Express. 6 June 2024. Archived from the original on 7 June 2024. Retrieved 7 June 2024.
  12. ^ "Independent Lok Sabha MP from Maharashtra Vishal Patil extends support to Congress". The Times of India. ISSN 0971-8257. Archived from the original on 7 June 2024. Retrieved 7 June 2024.
  13. ^ "Congress May Hit 100 In Lok Sabha With Maharashtra Rebel's Return". NDTV. Archived from the original on 7 June 2024. Retrieved 7 June 2024.
  14. ^ "India's Rahul Gandhi nominated as opposition leader after election gains". Al Jazeera. 8 June 2024. Archived from the original on 9 June 2024. Retrieved 9 June 2024.
  15. ^ "Modi expected to get 3rd term but partial India count suggests narrower win that represents setback". ABP News. 4 June 2024. Archived from the original on 4 June 2024. Retrieved 4 June 2024.
  16. ^ Sharma, Shweta (5 June 2024). "World leaders slow to congratulate Modi after unexpectedly close India election". The Independent. Archived from the original on 6 June 2024. Retrieved 6 June 2024.
  17. ^ Raul, Dancel. "PM Lawrence Wong, other world leaders congratulate India's Modi for 'historic' win". The Straits Times. Archived from the original on 5 June 2024. Retrieved 5 June 2024.
  18. ^ "Election Results 2024: Italian PM Meloni, other world leaders congratulate PM Modi on third term". The Hindu. Archived from the original on 6 June 2024. Retrieved 6 June 2024.
  19. ^ Bajo, Anna Felicia. "Marcos congratulates Narendra Modi for historic win". GMA News. Archived from the original on 6 June 2024. Retrieved 6 June 2024.
  20. ^ Kuei-Hsiang, Wen; Huang, Frances (5 June 2024). "President Lai congratulates Modi on his reelection as India's Prime Minister". Focus Taiwan. Archived from the original on 5 June 2024. Retrieved 5 June 2024.
  21. ^ "Vietnam congratulates India over success of lower house election". Vietnam+. 6 June 2024. Archived from the original on 6 June 2024. Retrieved 6 June 2024.
  22. ^ "'Pakistan congratulates people of India': Shehbaz Sharif-led party hopes for peace between two nations". 4 June 2024. Archived from the original on 7 June 2024. Retrieved 9 June 2024.
  23. ^ "Stock Market updates: Worst crash on Dalal Street in 4 years as NDA falls short of '400 paar'". India Today. 4 June 2024. Archived from the original on 4 June 2024. Retrieved 4 June 2024.
  24. ^ "India opposition accuses Modi of 'stock market scam'". BBC. 7 June 2024. Archived from the original on 7 June 2024. Retrieved 7 June 2024.
  25. ^ "'Conspiring to mislead the investors': BJP hits back at Rahul Gandhi on 'stock market scam' charge". The Economic Times. 7 June 2024. Retrieved 7 June 2024.