PM Modi Had A Suggestion For Stock Market Investors During The No Confidence Motion Started In The Lok Parliament On Tuesday. The Prime Minister Says Invest In PSUs As They Will Yield You Higher Profits. Read More: Reason Behind RVNL’s 305% Growth In A Year.
No Confidence Motion
No Confidence Motion Is The Opposition Party Questioning Through A Vote Whether The Party Or Individual In Postion Is Fit For The Given Position.
The Motion Started On August 8, 2023, Where The Opposition Congress Party Questioned The Modi Government’s Ability To Run The Country And Their Destruction Of PSUs And Destroying Jobs.
Modi’s Reply To The No-Confidence Motion
Modi Replied To The Allegations On Thursday, August 10, 2023.
In The Statement, He Highlighted That PSUs Like HAL And LIC Are Showing Tremendous Growth, And This Accusation Is Just To Tarnish The Ruling Party’s Image.
Modi Said That HAL And LIC Were Put Under Question By The Opposition Party Earlier Too, There Were Concerns Whether HAL Employees Would Lose Their Jobs.
But Now, These Companies Are Competing With Big Giants And Showing No Signs Of Slowing Down.
HAL Revenue In 2023 Is 26,927 Crore
LIC Revenue In 2023 Is 781,542 Crore
PM Modi Thinks This Accusation By The Opposition Party Is A Boon In Disguise.
He Says Its Good They Are Questioning These Companies As It Only Fuels Their Growth.
NIFTY Market ( Invest In PSU )
The Nifty Market Has Slowed Down And Shown Decline Since The Last Two Days.
The Sector Performing Well Are The PSU Banks.
Modi’s Statement Holds True That The PSU Sector Is Going Strong.
Read Our List Of Upcoming IPOs In 2023 And Catch The Wave Early. Read IPO Details On LIC And Start To Invest In PSU!
