The Bharatiya Janata Party (BJP)-led coalition at the Centre is likely to be re-elected at the next year’s general election, which will ensure policy continuity, Fitch Ratings said on Tuesday.
The general elections are scheduled for April-May 2024. “We believe it most likely that incumbent administration (led by Prime Minister Narendra Modi) will retain power in India (BBB-/Stable), during their general elections in April-May, pointing to the likelihood of broad policy continuity,” the international agency said.
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