Let's see what are the impacts in Indian Stock Market by Narendra Modi as Prime Minister of India.
Narendra Modi impact on the stock market in India has been a topic of interest for many investors and analysts. Since he became the Prime Minister of India in 2014, there have been several measures taken by his government that have had a significant impact on the Indian stock market.
 |
| Narendra Modi impact in Indian Stock Market |
One of the main initiatives taken by Narendra Modi government that had a positive impact on the stock market was the introduction of various economic reforms and policies, such as the Goods and Services Tax (GST), the Insolvency and Bankruptcy Code (IBC) and the Make in India campaign. These initiatives aimed to improve the ease of doing business in India, attract more foreign investment and promote domestic manufacturing which in turn helped to boost the performance of many companies listed on the Indian Stock Market.
Narendra Modi government also focused on infrastructure development which helped to improve the connectivity and logistics of various industries further contributing to the growth of the Indian Stock Market.
However, there have also been instances where Narendra Modi policies have had a negative impact on the stock market such as the demonetization of high-value currency notes in 2016 and the implementation of a nationwide lockdown in 2020 in response to the COVID-19 Pandemic.
It is also to bring here that Narendra Modi impact on the Indian Stock Market in India has been significant with various policies and initiatives contributing to the growth of the market. However, it's important to note that the stock market is influenced by a multiple of factors both domestic and global and cannot be solely attributed to any one individual or government.
How Narendra Modi help Indian Stock Market to Grow ?
Narendra Modi has implemented various policies and initiatives that have helped the Indian Stock Market to grow during his political tenure as the Prime Minister of India. Here are some of the ways in which Narendra Modi has contributed to the growth of the Indian Stock Market :-
- Economic Reforms: Narendra Modi government has implemented several economic reforms such as the Goods and Services Tax (GST), Insolvency and Bankruptcy Code (IBC), and the Make in India campaign. These reforms have made it easier to do business in India, attracted more foreign investment, and improved the overall business environment in the country.
- Infrastructure Development: Narendra Modi government has focused on developing infrastructure in India, such as Highways, Railways and Airports. This has improved connectivity and logistics for various industries which has led to growth in the Indian Stock Market.
- Digital India: The Digital India campaign launched by Narendra Modi government has helped to improve digital connectivity and access to technology in India. This has led to growth in industries such as E-commerce which has contributed to the growth of the Indian Stock Market.
- Financial Inclusion: Narendra Modi government has implemented several initiatives to promote financial inclusion in India such as the Jan Dhan Yojana and the Pradhan Mantri Mudra Yojana. These initiatives have helped to bring more people into the formal financial system which has led to growth in the financial sector and the Stock Market.
Overall, Narendra Modi policies and initiatives have helped to improve the business environment in India, promote growth in various industries and attract more investment to the country all of which have contributed to the growth of the Indian Stock Market.
No comments:
Post a Comment