'STOCK MARKET SE ISHQ KARIYE, PAR...' - UNION MINISTER PIYUSH GOYAL SHARES INVESTMENT MANTRA

Mumbai: Union Commerce and Industries Minister Piyush Goyal, on Saturday, said that investors should 'love the stock market' but keep a longer commitment.

"Stock market se ishq kariye, par ishq ko lamba rakhiye (Love the stock market, but be committed over a longer period," Goyal said. Addressing an event in Mumbai, Goyal also elaborated upon the decision to increase the Securities Transaction Tax (STT) during Budget 2024 and said that the move was taken to 'cool' down the F&O part of the market.

" The union budget of Vikshit Bharat is inclusive, impactful and innovative. By focusing on manufacturing and employment, PM Modi and Union Finance Minister have worked on 9 priority themes. One is strengthening manufacturing and services...," he further added.

There will be a strong government over the next five years - Piyush Goyal

Stressing that infrastructure projects have a huge multiplier effect on the Indian economy, Goyal added that Modi 3.0 is a strong coalition government, and all coalition partners are strongly aligned. "There will be a strong government over the next five years and the government will continue the path laid in the past decade," he added.

Among others, the minister said that some of the plans of the government include connecting the sea link in Mumbai to Vasai. He further said that the extension of Atal Setu will allow travel from Mumbai to Pune in 2-2.5 hours.

2024-07-27T12:27:03Z dg43tfdfdgfd