The BJP-led National Democratic Alliance will meet President Droupadi Murmu and stake claim to form the new government, reports NDTV.

The meeting came a day after the ruling coalition won a majority in the Lok Sabha election, which paved the way for Prime Minister Narendra Modi's third term.

TDP president N Chandrababu Naidu, JD(U) leader and Bihar chief minister Nitish Kumar, Shiv Sena leader and Maharashtra chief minister Eknath Shinde and LJP (Ram Vilas) leader Chirag Paswan were among those who were present at the meeting chaired by Modi. Senior BJP leaders were also in attendance.

Eknath Shinde said he arrived in New Delhi to support Modi in forming the government. "Modiji has got a majority. The NDA will form the government under Modiji's leadership," Shinde told reporters at the Delhi airport.

Though there was no official word on the date for the oath-taking ceremony, there is a view among some members of the alliance that it may take place over the weekend if the contours of the new government are quickly worked out.

Parties such as the TDP and the JD(U) are expected to demand some key portfolios as their support will be crucial for government formation and survival.

While the NDA is comfortably above the majority mark of 272 in the 543-member Lok Sabha, the BJP, which won 240 seats, has fallen short of the magic number for the first time since 2014 and critically depends on its allies.