Modi's Third Term: Landslide Victory Despite Seat Loss, Amidst Growing Inequality Concerns

In the Indian general elections held on the 4th, the ruling coalition won a majority, but the Bharatiya Janata Party (BJP), led by Prime Minister Narendra Modi, failed to secure a single majority. While Modi has secured a third term, the party's seat count has decreased by more than 60 compared to the 2019 elections, raising concerns about a potential weakening of his political influence.

The BJP, which won 303 seats in the 2019 general elections and secured a single majority, aimed for 370 seats in this election but fell significantly short of expectations. This outcome is analyzed as a result of the widening gap despite India's robust economic growth under Modi's 10-year rule. Indeed, India's graduate unemployment rate exceeded 28% last year, and this election result is interpreted as a manifestation of public discontent regarding this reality.

Conversely, the Indian National Congress, the main opposition party, increased its seat count in this election. This can be seen as a reflection of public dissatisfaction with the Modi government's economic policies. The Indian National Congress argued that the economic growth under Modi's administration benefited only a select few, failing to improve the lives of ordinary people, and successfully garnered support from low-income and middle-class segments of the population.

The election results are raising concerns about Modi's third term in office. With growing public dissatisfaction over the widening gap, there are analyses suggesting a potential decline in Modi's approval ratings. Furthermore, the opposition's strong showing indicates that the scrutiny of the Modi government will intensify.

Meanwhile, as the world's largest democracy, India's general election results are anticipated to have an impact on international politics. Specifically, India has established itself as a crucial ally of the US amidst its competition with China, and the election outcome could influence its relationship with the US. Furthermore, as the G20 president, India plays a significant role in addressing global issues, and the election results may affect its international standing.

Modi's third term in office is expected to be a critical test for India's future direction. It remains to be seen whether Modi can address the issue of the widening gap and maintain public support, and his actions will be closely watched.