Team Blitz India
NEW DELHI: Market experts from even the Left-ruled states like Kerala are now of the opinion that the general mood among investors is that Prime Minister Narendra Modi should come back to power after the General elections in 2024.
Investors are preferring a continuation of the current regime at the Centre, said Prince George, CEO, Doha Brokerage and Financial Services, at a business summit in Kerala recently. He claimed that he was sharing the findings of a survey conducted among investors.
“The Indian markets have been going up for some time now and trading is happening at a higher level. With the general elections due next year, people may feel some uncertainties about this path. From a survey conducted among investors, it has been found that the majority of them prefer a continuity at the Centre.
“They have a positive outlook about the policies that came up in the past 10 years. They think the policies have helped our economy get momentum. Of course, there are people with different political ideologies who disagree with this argument,” he said, speaking at a session on New Kerala model: Business opportunities and challenges.
George said the general perception is that the market may get more strength and momentum if there’s a continuity of the Modi’s government. At the same time, he continued that there is nothing to worry even if there is a regime change as the economy’s trajectory is on a right track due to the policies of the last one decade.
He was highly critical about the public perception of the business opportunities and job market in Kerala. He called upon a change in perception about business people in the southern state of Kerala.