71-year-old Mahajan, the longest-serving woman MP, was elected after adoption of a motion moved by Prime Minister Narendra Modi and seconded by BJP veteran L K Advani by voice vote called by Protem Speaker Kamal Nath.
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Mahajan was led to the Speaker's Chair by the Prime Minister, Advani, Anant Geete, M Thambidurai as also a number of opposition leaders including Mallikarjun Kharge, Mulayam Singh Yadav and Sudip Bandyopadhyay, besides Parliamentary Affairs Minister M Venkaiah Naidu.
Accepting the post graciously, Mahajan said the new assignment was a challenging one and that she would try to do justice with all without letting down any member.
Modi congratulated Mahajan and thanked all parties and members for unanimously electing her and keeping up the great tradition of electing the presiding officer without a contest.
Noting that the Speaker's name "Sumitra" itself gives a feeling of friendliness, he said, "It is a matter of pride for all of us that a woman is at the helm of the temple of world's largest democracy and we hope that her guidance would help us in the smooth conduct of the House."
Terming her election as a "proud moment for our democracy", the Prime Minister wished her the very best in her role as Speaker and assured her "complete support and co-operation in the smooth running of the House."
Kharge, Leader of Congress party in the Lok Sabha, suggested that Mahajan should take everyone along, amidst his party's expectations that the Speaker would grant him the Leader of the Opposition status, a Cabinet-rank position.
"Hayat le ke chalo, kaynat le ke chalo, zamane ko sath le ke chalo," (let us embrace all, the whole universe, let us keep the whole world as our company)," he said.
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