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India's president inaugurates newly elected parliament and sets out economic reforms as a key agenda

India’s president has inaugurated a new parliament after national elections, listing the priorities of Prime Minister Narendra Modi’s government in coming years, including fast-tracking economic reforms and boosting small and medium-size enterprises to create jobs. President Draupadi Murmu said India’s economy grew the fastest among the world’s major nations at an average of 8% over the past four years. The International Monetary Fund has put India’s growth forecast at 6.8% for 2024-25. Modi’s government was elected to a record third term despite failing to win a majority on its own. Modi is dependent on his Hindu nationalist party’s coalition partners to govern the country for another five years.

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