Few days before the BMC(Brihanmumbai Municipal Corporation) polls, Prime Minister Narendra Modi has inaugurated the new campus of NISM-National Institute of Securities Markets in Raigad on December 24. While speaking at the event he highlighted some important points regarding country’s growth in different sectors.
1) India has managed to earn a good name for its well regulated securities market.
2) The improvement in the ease of doing business in the country is remarkable.
3) The pending constitutional amendments in GST have been passed and the much awaited will soon turn out to be in reality, PM assured.
Constitutional amendments on GST that remained pending for years has been passed and the long awaited GST will soon be a reality: PM Modi
— ANI (@ANI_news) December 24, 2016
4) PM further asserted that Demonetisation is a short term pain for long term gain.
5) Emphasizing on the his ambition of Skill India, PM expressed the importance of startups for the growth of stock markets.
My Government is very keen to encourage start-ups. Stock markets are essential for the start-up ecosystem: PM Modi pic.twitter.com/53X7ZSnG3g
— ANI (@ANI_news) December 24, 2016
6) Country’s stock markets should raise capital in innovative ways for agriculture sector.
7) He also mentioned the necessity of tax payment for country’s development.
Those who profit from financial markets must make a fair contribution to nation-building through taxes: PM Modi in Raigad pic.twitter.com/Yuw2vu6OIn
— ANI (@ANI_news) December 24, 2016
8) PM Narendra Modi further quoted that “SEBI should work for closer linkage between spot markets like e-NAM and derivatives markets to benefit farmers”
9) “We will not shy away from taking difficult decisions that are in the interest of the country” PM proclaims.
10) Primi Minister finally wished Merry Christmas and Happy New Year to everyone.
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