Prime Minister Narendra Modi, who was re-elected with a thumping majority for a second term at the centre, will take oath at the Rashtrapati Bhavan along with the new council of ministers on Thursday. The oath-taking ceremony, that will begin at 7 PM, will be attended by leaders of the BIMSTEC member countries, in line with the government's "Neighbourhood First" policy. BIMSTEC or the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation is a regional grouping of countries on the rim of the Bay of Bengal which include Bangladesh, India, Myanmar, Sri Lanka, Thailand, Nepal and Bhutan.