The Union Cabinet at its meeting today (Friday, May 24) passed the resolution to dissolve 16th Lok Sabha.
A meeting of the NDA parliamentary committee meeting is also scheduled to take place tomorrow, where discussions regarding the government formation and swearing-in of the new Cabinet could take place.
All eyes are now on government formation, amid speculation that several new faces including party president Amit Shah may be brought into the new cabinet to head one of the four key ministries – Home, Finance, External Affairs and Defence.
A Cabinet meeting was held at 5 pm on Friday at the South Block where a resolution for the 16th Lok Sabha was passed. The meeting was be followed by an outgoing Council of Ministers meeting at 5:30 pm.
Prime Minister Narendra Modi and Parliamentary Affairs Minister Narendra Singh Tomar are likely to meet President Ram Nath Kovind to hand over the resolution as well as the resignation of the Council of Ministers.
With Finance Minister Arun Jaitley and External Affairs Minister Sushma Swaraj having health issues, there has been some speculation regarding their being part of the new dispensation or not.
The 17th Lok Sabha has to be constituted before 3 June and the process to form a new House will be initiated when the three election commissioners meet the President in the next few days to hand over the list of newly elected members.
Prime Minister Modi is likely to take oath of office on May 30, according to reports in a section of the media.