EXPLAINER: Implications of Modi’s narrow election victory for Sri Lanka

ECONOMYNEXT – Two-time Prime Minister Narendra Modi’s less-than-expected win at the India’s parliamentary election may not change its foreign policy towards Sri Lanka, but aggressive push for connectivity and infrastructure projects in the island nation could be slowed, analysts say.

Modi’s Bharatiya Janata Party (BJP) lost its outright majority in the election and found itself reliant on support from regional parties.

Broader coalition National Democratic Alliance (NDA) led by Modi’s Bharatiya Janata Party (BJP) won 293 seats in the 543-member lower house of parliament, where 272 constitutes a simple majority.

However, Modi’s BJP won only 240, less than outright majority, making two regional parties’ leaders kingmakers in the alliance with their 28 seats in total.

India has been pushing for land, oil, gas, and power grid connectivity in Sri Lanka along with securing lucrative renewable energy and port projects in partnership with Indian private sector.

Here are some Q & A on the implications of Modi’s small margin victory based on analysts’ responses:
Q: What will be the key changes in Indian foreign policy towards Sri Lanka?
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https://economynext.com/explainer-implications-of-modis-narrow-election-victory-for-sri-lanka-167000/

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