Modi declares victory in India elections as opposition Congress Party concedes

Indian Prime Minister Narendra Modi has scored a dramatic election victory, winning an absolute majority for his party in the lower house of Parliament.For more on this and other news around the world, let's turn to our Hong Yoo…So Yoo, tell us more about Mr. Modi's victory.Like you say, Prime Minister Modi secured a landslide victory on Thursday.Election Commission data shows Modi's party, the Bharatiya Janata Party, is projected to get about 300 of the 543 seats in parliament once all the votes are counted.The principal opposition Congress Party won 43 seats and is leading in 9 constituencies. "If anyone has won, it's India. If anyone has won, it's the democracy. If anyone has won, it's the people of India. So, all of us, Bharatiya Janata Party (BJP) workers and our partners in the National Democratic Alliance (NDA) dedicate this win to the public."Thousands of supporters cheered for his victory after waiting hours in a thunderstorm at party headquarters on Thursday evening.The 68-year old prime minister will serve another five-year term continuing his business-friendly policies and tough stand on national security with the party's first back-to-back majority since 1984.On the campaign trail, Modi presented himself as a self-made man with the confidence to cut red tape in the world's fifth-largest economy.But now Modi will face demands to stop the continuing youth job crisis and to boost depressed farm incomes.