India's Prime Minister Narendra Modi signs documents during a swearing-in ceremony at the presidential palace, in New Delhi, India, on May 30, 2019.Narendra Modi was sworn in for a second term as India’s prime minister on Thursday after an overwhelming election victory for his Hindu nationalist party in a country of 1.3 billion people seeking swift economic change.
However, he faces immense challenges including a slowing economy, high 6.2 per cent unemployment and low agricultural prices that have hurt farmers. The ceremony was attended by several South Asian and Southeast Asian leaders as part of Modi’s effort to build economic partnerships in the region.
Source: Financial Digest (financialdigest.net)
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