NEW DELHI, May 24 (Xinhua) -- Indian Prime Minister Narendra Modi tendered on Friday his resignation along with his council of ministers to President Ram Nath Kovind, to pave the way for formation of his second consecutive union government.

"The president has accepted the resignation and requested Narendra Modi and the Council of Ministers to continue till the new government assumes office," said an official communique issued by the office of President of India.

As per the provisions laid down in the Constitution, once the results of the General Elections are announced, the existing prime minister and his council of ministers resign so that the next government can be formed.

Results of the country's 17th General Elections were announced on Friday and Modi-led Bharatiya Janata Party (BJP) won the elections by a comfortable majority in the lower house of parliament "Lok Sabha."