This right-wing political party was formed in 1980 and was not very successful initially. After Lal Krishna Advani took over as leader of the party, and steered the party towards an aggressive participation in the Ram Janmabhoomi movement along with basing their policy on Hindutva fundamentalism, the party has gained power in several states. Since then, BJP has steadily grown in power to become the second major political party of India. They formed a government from 1998-2004 at the centre by creating an alliance with several other parties, which is known as the National Democratic Alliance (NDA). Atal Bihari Vajpayee became the Prime Minister, and under his reign, more neo-liberal economic policies were brought into action, and globalization was stressed upon. Currently, Rajnath Singh is BJP’s chairperson, and Gujarat CM Narendra Modi is the Prime Ministerial candidate for the 16th Lok Sabha elections.