Lacking a parliamentary majority and dependent on coalition partners, India's government will maintain policy continuity on issues such as fiscal consolidation, but structural reforms will face delays due to internal disagreements. As India's Prime Minister Narendra Modi embarks on his third consecutive term following the general election that concluded on June 1, a special eight-day session of the Indian Parliament is set to commence on June 24. During this session, the newly-elected members of parliament will be sworn in, setting them up to elect a new speaker of the Lok Sabha (lower house) on June 26. The formation of the Parliament will pave the way for budget discussions in July, along with other policymaking initiatives....
