Consensus building in coalition to slow decision-making: Moody’s

It said that though Modi secured a third term, the BJP's greatly weakened position marks a significant shift in political landscape.

BySouth First Desk

Published Jun 08, 2024 | 1:15 PMUpdatedJun 08, 2024 | 1:15 PM

Moody Analytics on Lok Sabha election results

Moody’s Analytics on Friday, 7 June, said reduced political stability and the need for consensus building in a coalition government will likely slow decision-making and erode investors’ confidence in the near term. In a post-election note, Moody’s Analytics said “BJP will need to use the tools of negotiation and compromise to maintain a cohesive government.”

Read the full story here