Narendra Modi’s position as prime minister rests on a stable NDA coalition majority in the Lok Sabha, whose term runs until mid-2029, with no scheduled general election or constitutional trigger for an early dissolution before December 2026. Recent developments reinforce continuity: Modi marked 25 years in elected office in October 2026 with public commitments to long-term national goals through 2047, while the cabinet issued supporting resolutions and he surpassed prior records for continuous service as elected prime minister. Opposition protests over electoral processes and modest polling softness have not translated into parliamentary defections or loss of confidence votes. Traders assign the 95 percent “No” probability because Indian coalition dynamics and fixed parliamentary terms historically favor incumbents completing full terms absent major unforeseen shocks. The slim remaining risk stems from sudden health events or abrupt alliance fractures that could force resignation before year-end.