NDA government gives stability & investors know it: PM Modi

Mumbai: Prime Minister Narendra Modi on Saturday credited the record rise in India's stock markets to small and big investors being "happy" as they know that "only the NDA government can give stability".

"Small and big investors in the country have welcomed our third term; they know that only the NDA government can give stability. Immediately after taking over as the Prime Minister, I had said that we would work three times faster, and today we are seeing it happen," Modi said. He was speaking at the NESCO centre in Goregaon after laying the foundation stone and unveiling a slew of infrastructure projects in Mumbai and neighbouring regions worth Rs 29,000 crore.

Modi attacked the opposition saying his government had created record employment in the country and attributed a Reserve Bank of India report to say that in the last three to four years, 80 million new jobs were created.


"In spite of the Covid pandemic, we have created a record number of jobs. RBI has given a detailed report that in the last three to four years, 80 million new jobs have been created. The figures have shut the mouths of those spreading false narratives on the issue of employment," Modi said.

"Those spreading false narratives are enemies of investment, infrastructure and India's development. Their entire policy is to betray the youth and to stop employment and now they are being exposed," he added.