Three years exactly to the date of the election result (May 16, 2014) the stock markets had reached all time high. BTVi’s latest series ‘1100 Days of Modi,’ a scorecard on Prime Minister Narendra Modi’s governance over the course of three years from business and economic perspective (which the channel has prepared after an extensive research), highlighted this event through their discussion with prominent stock market expert Nilesh Shah, recently on the show ‘Modi and Markets’.
The series with several shows on aspects of Indian economy, business and the stock market will continue through the month, taking stock of the economic performance, the hits and misses.
“More market experts will be talking to our channel in the run up to May 26. A large event on business perspective is planned out,” Siddharth Zarabi, Executive Editor, BTVi, informed us without divulging further on the event. The upcoming shows will be themed around the impact on stock market and turnaround in several sectors, among others with conversations with senior bureaucrats, ministers, journalists and stock market experts.
The programming began on May 2 with a show on why global ratings agencies are not re-rating India despite multiple improvements in the macro-economic framework of the country and put the agencies on the mat for this inexplicable stance.
Zarabi spoke on his earlier show ‘The Reforms Scorecard,’ “Out of two dozen odd big-ticket economic and business-related reforms identified by BTVi’s senior editors around 16 of those reforms have been implemented. Eight are work in progress. One or two including the land reform ordinances are not yet been implemented. But we believe some movement will happen on that also. Foreign investors are investing heavily on stock market.” He added that this is the best time he has seen in last 10 years now. He “We are poised around for the next growth of India. It will take time. Government has to do lot more in remaining part of its tenure. Job growth should come as a result of it.”
When asked about demonetisation being included in the series ‘1100 Days of Modi,’ Zarabi said, “Two former senior finance ministry officials have mentioned on our show that its full impact has not yet been understood. The jury is still out accessing the impact of demonetisation. But on my behalf I can say that we have seen the markets taking demonetisation in their stride. It has proved to be a small disruption for investors, stock market and business. It’s no longer an issue.”
Viewers will get to watch engaging discussions between eminent experts around the real and key metrics of India’s economic performance and be able to ascertain the possibilities of new investment opportunities that the recent policy changes offer for both Indian as well as overseas investors.