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India election

Modi and BJP return more formidable but so do economic challenges

Financial reform is the priority while judicial, labor and land issues also press

Prime Minister Narendra Modi addressed the Bharatiya Janata Party at its headquarters in New Delhi after a landslide general election victory on May 23. (Photo by Kosaku Mimura)

NEW DELHI -- Prime Minister Narendra Modi's strengthened mandate to govern India for the next five years gives him a second chance to tackle pressing economic issues, including crises in the agrarian and banking sectors, and reviving private investment.

Modi's ruling Bharatiya Janata Party scored a stunning victory in a bitterly fought general election held in seven phases from April 11 to May 19, securing over 300 of the 543 seats in the Lok Sobha, the lower house of parliament -- up from 282 in the 2014 election. A party or coalition needs 272 seats to form a majority, and the BJP and its partners in the ruling National Democratic Alliance now occupy over 350 seats.

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