Thousands were invited to the ceremony in Delhi, including regional leaders and Bollywood stars. Various agencies have projected that India will experience the worst recession in current year, despite measures taken by the government. The following years saw him rolling out several pro-people policies and actively reaching out to the people directly, leading to the formation of his image as a leader of the masses. Analysts say economic policy will be an important area to watch as Modi begins his new term, after a campaign dominated by talk of Hindu nationalism that made many minorities and secular liberals nervous. Since then, he has solidified his position with the NDA coalition retaining its position in the Centre with an even bigger margin in the 2019 general elections. rights reserved. Members of the US Congress and the European Union’s Parliament members — from all sides of the aisle — roundly condemned the move. Tomorrow is different. The government went back on its Budget announcements of external currency-denominated overseas sovereign bond issuance and the surcharge on capital gains on shares for both foreign and domestic investors. The journey of the Prime Minister in public office began on October 7, 2001, as the Chief Minister of Gujarat. US election 2020 polls: Who is ahead - Trump or Biden? Narendra Modi has been sworn in for a second term as India's prime minister after his party won a landslide majority in the recent election. In turn, it opened up its kitty of essential medicines — after some pressure from the US — and has earned some goodwill by supplying medicines to combat the pandemic. Defeating the Congress-led government which held sway at the Centre, CM Modi left Gujarat to take over the reins at the Centre. But, as the weeks and months passed by with the detentions, communication shutdown and reports of protests, the international diplomatic patience started wearing thin. Why don’t the bills guarantee MSP? Modi is the first Indian leader since the 1970s to secure a second straight term with a clear parliamentary majority. As the pandemic has claimed over 3 lakh lives globally, India has also coordinated with the US, Australia, Japan and European countries to hold China accountable at the WHO. Should you get yourself tested for Covid-19 just to rule it out? First Modi ministry (Gujarat), the government of Gujarat headed by Narendra Modi from 2001 to 2002 But an unpredictable Trump stunned New Delhi in the latter half of July, claiming that Modi had reached out to him for mediating on Kashmir. New Delhi reached out to Beijing, and briefed the international community on its decision and reiterated that it was “internal affair”. The ceremony is taking place at the presidential palace, a colonial-era building in the centre of the capital. It is their own politics,” Chautala said. Meanwhile, the Prime Minister's journey to the head of an elected government started in 2001 in the backdrop of relief work for the devastating Bhuj earthquake. said Neelanjan Sircar, senior fellow at the Centre for Policy Research. The Indian Express is now on Telegram. Early in his second stint, Modi started his whirlwind travel schedule — within the first 10 days of being sworn in, he travelled to Maldives and Sri Lanka. Narendra Modi (left) looks on next to BJP President Amit Shah (second from right) and Modi's first-term Home Affairs Minister Rajnath Singh (second from left) before his swearing-in as Indian Prime Minister on May 30. Modi's new team includes Amit Shah, his closest political ally and the BJP party president credited with engineering the party's electoral wins, who makes a formal entry into government with his appointment as a minister. In terms of fresh investments, though, there was little to show for it. Your Name * Recipient Email * 69. The thinking in the government is that it’s better for “economic agents” to borrow at lenient terms and kickstart activity as the lockdown eases, instead of the government expanding the fiscal deficit by a wide margin, they said. By early November, New Delhi took the call to not join the Regional Comprehensive Economic Partnership (RCEP) as it felt that the treaty did not favour domestic players and will open the floodgates to Chinese products. "If the first term was fulfilling the needs of people then since 2019, PM Modi has set his sights on fulfilling the aspirations of 130 crore Indians. These concerns became clearer when riots broke out in north-east Delhi, and several of these countries expressed grave concern. © 1998-2019 Zee Media Corporation Ltd (An Essel Group Company), All This was followed by three terms as the Gujarat CM in 2002, 2007 and 2012, respectively. As the first year of the Modi government’s second term comes to a close, New Delhi is faced with tension along India-China border, where troops are in a standoff for the last three weeks. Although BJP leader L. K. Advani did not wa… Photograph:( By January, as protests against CAA gained momentum, and New Delhi was positioning itself on the US-Iran tension, the first warning on the coronavirus came. ‘Time to accept talks won’t make China change aggressive stance’: US NSA, Taiwan National Day posters come up near Chinese embassy, NDMC removes them, Pompeo bats for closer ties with India, says China amassing huge force. Video, How history was made in the 2020 science Nobels, Royal Ballet back on stage with social distancing. The Indian Express is now on Telegram. Although the verdict in the Ram temple issue in November was portrayed as a legal conclusion to a long-pending dispute, the fact that it emboldened the incumbent government was not lost on any foreign diplomat in Delhi. The failure of Yes Bank to raise capital at adequate time, and subsequent freeze on deposit withdrawals imposed by the Reserve Bank of India to stitch together a resurrection plan, further exposed the fragilities in the financial system. By end of June, he had attended the G-20 summit in Osaka, where he met US President Donald Trump and other world leaders. His government will be under pressure to deal with a slowdown in India's economy and provide more jobs. In August, Modi’s presence at the G-7 summit in France as a special invitee, and then his high-power diplomacy at the US where Trump joined him at the diaspora event, Howdy Modi, were seen as his way of asserting his position that his government was firm in its decisions on Kashmir. But slowly, India’s diplomatic goodwill was being questioned. In 2001, Keshubhai Patel's health was failing and the BJP lost a few state assembly seats in by-elections. They were holding press conferences and telling farmers that the Ordinances would empower them. The majestic presidential palace or Rashtrapati Bhawan, home to the Indian president, was the venue for the ceremony. Narendra Modi has reinvented Indian politics. He took his oath of office for the second time at New Delhi's imposing Presidential Palace, known here as the Rashtrapati Bhavan, along with several members of his new council of ministers. Facebook Count. Covid-19’s association with the Tablighi Jamaat, as the virus spread in India, also led to some diplomatically uncomfortable moments in the Gulf. As diplomatic channels are being worked, New Delhi finds itself on a much more diplomatically challenging environment than it was a year ago. Both parties accused each other of starting the clashes. He has become the first leader since 1971 to secure a single party majority in back-to-back elections. The BJP national leadership sought a new candidate for the chief ministership, and Modi, who had expressed misgivings about Patel's administration, was chosen as a replacement. It was in December, when the government passed the citizenship amendment Act (CAA), which was perceived as targeting minorities, that the world noticed; there was considerable disquiet in the diplomatic community. Also Read | A year of explaining internal affairs to the world. Since 2018, whenever the cumulative net long was above 55,000-60,000, the market corrected. After Parliament passed the Bills, Rahul Gandhi tweeted from abroad: “Black laws passed by the Modi government will destroy the farm markets under the Agriculture Produce Marketing Act. The space for aggressive government spending shrunk further as the government tried to stick to the fiscal deficit target and eventually took recourse of the 0.5 per cent escape clause to finally end the 2019-20 financial year with a fiscal gap estimate of 3.8 per cent of the GDP instead of 3.3 per cent earlier. Mindful of its sensitive nature of ties with Beijing, New Delhi laid out the red carpet to Chinese President Xi Jinping for an informal summit in the picturesque Mahabalipuram early October. During the election campaign, West Bengal witnessed poll violence as clashes broke out between BJP supporters and those of Ms Banerjee's Trinamool Congress party (TMC). Union Council of Ministers. “First thing to keep in mind is that there is significant uncertainty about growth…and especially about predicting amid the Covid pandemic because unlike an economic phenomenon where one can say that with some degree of certainty that phenomenon may end at this point in time, (but) this is primarily a pandemic and so all responses, like the lockdown is affecting economy.

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