New Delhi, May 27 -- Prime Minister Narendra Modi has roared back to power as hundreds of millions of Indians gave a thumping mandate to the National Democratic Alliance led by the Bharatiya Janata Party. While BJP has won more than 300 seats on its own and the NDA has 350 seats in the Lok Sabha, the Congress suffered its second worst defeat. The clear mandate that will lead to formation of a stable government at the Centre is seen as good news by economy watchers.
The Indian industry has hailed Modi for this historic election win. According to industry leaders, continuity at the Centre would enhance chances of more economic reforms and ensure stability of the recent reform measures, such as GST, IBC and RERA. It is also widely expected
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