Prime Minister Narendra Modi said that his government has brought forth sustained economic reforms for the past 10 years and the stock market will set new records after June 4- counting day for the seven-phase Lok Sabha elections which are currently underway.
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The PM told NDTV that the BJP government has always encouraged and launched several pro-entrepreneurship policies, adding, “We have done the maximum economic reforms, and encouraged pro-entrepreneurship policies.”
Talking about more and more young people who are becoming investors, he said, “I believe citizens should have some risk-taking capacity as they become more experienced investors.”
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PM Modi on shares of PSUs
Several public sector undertakings (PSUs) have witnessed a “stellar run” in the stock markets and reached a record high owing to massive profits, PM Modi said citing the example of Hindustan Aeronautics Ltd (HAL).
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"Imagine they (Opposition) tried to create fear among workers, but look how well HAL is doing," he said. This comes as HAL reported a 52 per cent jump in net profit that reached ₹4,308 crore for the January-March quarter. HAL's revenue from operations also rose 18 per cent to ₹14,768.70 crore in the fourth quarter from ₹12,494 crore in the same period last year.
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{{/usCountry}}"Imagine they (Opposition) tried to create fear among workers, but look how well HAL is doing," he said. This comes as HAL reported a 52 per cent jump in net profit that reached ₹4,308 crore for the January-March quarter. HAL's revenue from operations also rose 18 per cent to ₹14,768.70 crore in the fourth quarter from ₹12,494 crore in the same period last year.
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{{/usCountry}}The PM told NDTV, “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. 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.”