Prime Minister Narendra Modi said that his administration had constantly implemented economic reforms over the last decade, and forecasted a stock market spike after June 4, the counting day for the upcoming Lok Sabha elections. Speaking to NDTV, he stressed the BJP government’s commitment to promoting entrepreneurship through different policies, saying, “We have undertaken extensive economic reforms and championed pro-entrepreneurship initiatives.”
Addressing the rising trend of young investment, he encouraged for citizens to take certain risks as they develop more financial experience. PM Modi highlighted the success of several public sector undertakings (PSUs) in the stock market, citing Hindustan Aeronautics Ltd (HAL) as an example. HAL reported a significant 52% increase in net profit to ₹4,308 crore for the January-March quarter, along with an 18% increase in operational revenue.
Referring to the opposition’s tactics to engender fear in workers, PM Modi praised HAL’s achievements and highlighted the need of seizing present possibilities for India’s prosperity. He underlined his commitment to thorough and meaningful effort, emphasizing that his priority is not to gain media attention but to make important contributions to the nation’s growth, as articulated in his Red Fort speeches.
