The landslide election victory of the National Democratic Alliance shows that the people of India want stability, reform and some kind of continuation, says HDFC Chairman Deepak Parekh.

Share Market Live

NSE

“It is a landslide victory. I do not think anyone expected this, but it just shows that people of India want something else in their states, but they want someone across the country to have some kind of continuation, some kind of reform, some kind of stability and the BJP has provided that in the last five years,” Parekh told CNBC-TV18,

The four key points of the BJP manifesto -- housing for all by 2022, digital connectivity to gram panchayats with high speed optic fibre, upgradation of roads especially in rural areas as well as improvement in drinking water supply -- have appealed to the masses. This period of five years is going to be very important because it also completes the country's 75 years of independence in 2022,” he added.

On his expectations from the government, he said: "The reform process will begin soon and we keep hearing that there is a 100-day programme already prepared by the prime minister. We do not know what it is, but I am sure job creation will be part of it. And there is nothing better than pushing affordable housing and road construction to create more jobs. I think these two measures are massive job creators. I am sure that the government will push these initiatives.”

First Published:May 23, 2019 6:13 PM IST