In its reaction, India hoped the political agreement and creation of a council for national reconciliation will result in renewed efforts for establishing enduring peace and stability, and putting an end to externally sponsored terrorism and violence in Afghanistan.
"India welcomes the political agreement concluded by the political leadership in Kabul today," the Ministry of External Affairs said in a statement.
It said India is concerned over continuing violence and terror attacks in Afghanistan and called for an immediate ceasefire as well as assistance to people reeling under the coronavirus pandemic.
As per the deal, Mr Ghani will stay as the president while Mr Abdullah will helm the High Council of National Reconciliation (HCNR) with executive authority and his team will have a 50 per cent share in the cabinet, according to Afghan media reports.
The HCNR has been mandated to lead future peace talks including with the Taliban. Mr Abdullah served as the chief executive in the previous government led by Mr Ghani.
Following the presidential elections, Mr Ghani was declared the winner by Afghanistan's Election Commission in September last year but his challenger Mr Abdullah refused to accept the results and proclaimed victory for himself.
After months of political uncertainty, Mr Ghani was sworn in as the Afghan president for a second term on March 9, but Abdullah also declared himself as the president by holding his own oath-taking ceremony the same day.
"India has consistently supported inclusive governance, national unity, strong institutions, constitutional order, rights of all sections of society and the territorial integrity of Afghanistan," the MEA said.
"The continuing and enhanced violence and terror in Afghanistan is a matter of deep concern. India calls for an immediate ceasefire and assistance to the people of Afghanistan to deal with the humanitarian situation arising from COVID-19," it added.