financetom
Economy
financetom
/
Economy
/
Sajjan Jindal believes Modi deserves a second term: report
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sajjan Jindal believes Modi deserves a second term: report
Jan 17, 2019 1:24 AM

Industrialist Sajjan Jindal has opined that Prime Minister Narendra Modi deserves a second term as it would allow the government to pursue some unfinished tasks, such as disinvestments, reported The Times of India.

Share Market Live

NSE

The billionaire industrialist told The Times of India in an interview that another term will enable Modi to achieve things that he failed to achieve in his first term.

“Until a year ago, it was looking like Narendra Modi will come back (to power). But, after the recent elections in some states, it looks difficult. My personal view is we ought to give one more term to Narendra Modi. A 10-year term will help him do a lot more things which he couldn’t achieve in the first term,” Jindal was quoted as saying in the report.

In the second term, Jindal believes a Modi-led government could look at disinvestments. “I don’t know if there is any country in the world that has got such a big public sector play other than China. Modi is one person who believes that the government has no no business to be in business. I have nothing against the public sector, but it lacks accountability," Jindal told the newspaper.

According to Jindal, "A ‘khichdi sarkar’ (coalition government) would be a disaster for the country."

Have you signed up for Primo, our daily newsletter? It has all the stories and data on the market, business, economy and tech that you need to know.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Summer auto plant shutdowns, Hurricane Beryl boost US weekly jobless claims
Summer auto plant shutdowns, Hurricane Beryl boost US weekly jobless claims
Jul 18, 2024
WASHINGTON (Reuters) - The number of Americans filing new applications for unemployment benefits increased more than expected last week, but that did not signal a material shift in the labor market amid temporary automobile plant closures and disruptions from Hurricane Beryl. The weekly jobless claims report from the Labor Department on Thursday, however, suggested that it was getting harder for...
Unemployment Claims Rise More Than Expected, Boosting Hopes For Rate Cuts As Cracks In Labor Market Emerge
Unemployment Claims Rise More Than Expected, Boosting Hopes For Rate Cuts As Cracks In Labor Market Emerge
Jul 18, 2024
Signs of a cooling U.S. labor market are becoming more evident, increasingly reinforcing investor beliefs that the time has come for the Federal Reserve to lower interest rates. New unemployment benefits rose more than expected last week, while continuing jobless claims reached their highest levels since November 2021, according to the Department of Labor’s report on Tuesday. Simultaneously reported, the...
IMF says U.S. should raise taxes, wait until late 2024 to cut rates
IMF says U.S. should raise taxes, wait until late 2024 to cut rates
Jul 18, 2024
WASHINGTON (Reuters) - The International Monetary Fund on Thursday said the U.S. Federal Reserve should not cut interest rates until late 2024 and the government needs to raise taxes to slow the growing federal debt -- including on households earning less than President Joe Biden's $400,000-a-year threshold. The prescriptions came in the detailed staff report from the IMF's annual Article...
US weekly jobless claims increase more than expected
US weekly jobless claims increase more than expected
Jul 18, 2024
WASHINGTON (Reuters) - The number of Americans filing new applications for unemployment benefits rose more than expected last week, but there has been no material shift in the labor market and the data is typically noisy in July because of summer breaks and temporary factory closures. Initial claims for state unemployment benefits increased 20,000 to a seasonally adjusted 243,000 for...
Copyright 2023-2025 - www.financetom.com All Rights Reserved