Prime Minister Narendra Modi emphasized that the BJP government has consistently promoted and implemented various pro-entrepreneurship policies. Speaking to NDTV, PM Modi highlighted that over the past decade, his administration has introduced sustained economic reforms. He confidently predicted that the stock market would reach new heights after June 4, the counting day for the ongoing seven-phase Lok Sabha elections. He reiterated the BJP’s commitment to fostering entrepreneurship, stating, “We have undertaken extensive economic reforms and promoted policies that encourage entrepreneurship.”
Addressing the increasing involvement of young people in investing, PM Modi remarked, “I believe citizens should develop a risk-taking capacity as they gain more experience as investors.” This reflects his belief in the potential of young investors to drive economic growth.
PM Modi also touched on the performance of public sector undertakings (PSUs) in the stock market. He noted that several PSUs have experienced significant success, reaching record highs due to substantial profits. He cited Hindustan Aeronautics Ltd (HAL) as a prime example, pointing out that despite attempts by the opposition to instill fear among workers, HAL has performed exceptionally well. HAL reported a 52 percent increase in net profit, reaching ₹4,308 crore for the January-March quarter, and an 18 percent rise in revenue from operations, amounting to ₹14,768.70 crore in the same period.
The Prime Minister conveyed his commitment to impactful governance, stating, “It’s not in my habit to work only for media attention… I don’t work in small measures. I like to work in a big, comprehensive way.” He emphasized the importance of seizing the current opportunity for India, asserting, “I had said this from the Red Fort, and I say this again – this is our time. This is the time of Bharat. We cannot let go of this opportunity.”
In summary, PM Modi expressed confidence in the stock market’s future post-election, credited the government’s economic reforms, and highlighted the achievements of PSUs as indicators of India’s growing economic strength.
