Jishnu Deb Burman of the BJP was sworn in as the deputy chief minister along with seven other ministers.
Governor Tathagata Roy administered the oath of office and secrecy to the ministers at a function at the sprawling Assam Rifles ground, which was attended by Modi and BJP president Amit Shah.
Forty-eight-year-old Biplab Kumar Deb had staked claim before the governor on March 6 to form the government.
The deputy chief minister is yet to be elected as an MLA as polling in his Charilam (Scheduled Tribe) constituency was postponed due to the death of the CPI(M) candidate. The election to the seat is scheduled to be held on March 12.
The seven other ministers, five from the BJP and two from the Indigenous People's Front of Tripura(IPFT), a BJP ally, included its chief N C Debburman.
Ratan Lal Nath, Sudip Roy Burman, Pranajit Singha Roy, Manoj Kanti Deb and the lone woman in the government Santana Chakma are from the saffron party.
In his address after the swearing-in ceremony, the prime minister assured the new BJP government of providing full support for the all-round development of Tripura, saying the entire country was behind its march towards progress.
Modi said the northeastern region has many opportunities and potentials which have to be explored for its development.
"I appeal to the people of Tripura, lets take the state to a new height so that we can change the lives of the people. I want to assure Tripura that in its march towards development, the central government will provide full cooperation under the motto of cooperative federalism," he said.
Modi said the motto of the government would be development, good governance, people's participation and 'Sabka Saath, Sabka Vikas'.
Union Home Minister Rajnath Singh, senior BJP leaders Lal Krishna Advani and Murli Manohar Joshi were present at the swearing-in ceremony, besides Chief Ministers of BJP-ruled states - Vijay Rupani (Gujarat), Shivraj Singh Chouhan (Madhya Pradesh), Sarbananda Sonowal (Assam), Raghubar Das (Jharkhand).
Outgoing Tripura chief minister Manik Sarkar was also attended the function.
Giant posters bearing images of Modi and Shah dominated the landscape in Agartala.
"A 100-ft-long stage was erected for the big function. This is a big day for us as it marks a political transition for the state. The victory has been made possible by the development work of Modiji that has inspired our workers in Tripura to work for a change," BJP general secretary Ram Madhav told PTI here.
The alliance had won the Assembly elections with a two-thirds majority in the 60-member House. The BJP had bagged 35 seats and the IPFT eight of the 59 seats that went to polls.
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