Latest news Congress expresses its concern about the steady decline in the stock market, and called on the government to take concrete steps
New Delhi, on March 18, on Tuesday, issued a fixed decline in the stock market in Rajia Sebha, expressed concern about it and asked the government to take tangible steps to provide relief to investors.
The case was raised during the zero hour in the Senate, Bramod Toyari from Congress claimed that Dal Dal Street became “bloodshed”, and there is ruin everywhere and the stock market recorded a record decrease for 30 years.
He said: “In the past five months, 95 rupees have been destroyed.
Toyari said that these foreign investors are looking to attract the markets of the United States and China, which is why the Chinese market has recorded a 17 percent increase in the past six months, while the Indian market recorded a 12 percent decrease in this period.
And he claimed, “The government is silent in the midst of this destruction.”
One of the senior members of Congress said that the Indian stock market has joined the worst stock markets in the world, and this decrease affects the most young investors.
He said: “This decline is seen in the market due to the sale of foreign investors, the new definitions of the Americans.” But there are many local reasons for this decline, such as caring for the economic stagnation in the country, less than expected money, frequent weakness of rupee, low consumption and decrease in gross domestic product.
Quoting economists, Toyari said that GDP growth in the fiscal year 2025-26 will be less than expected because economic growth in the first three quarters of the fiscal year is relatively slow.
He said: “The weakness of the rupee has increased from the withdrawal of foreign capital, which led to more pressure on the idea of the market. It closed more than the people of people in December.
He said, “I urge the government to take concrete steps to provide relief to investors.”
Toyari claimed that the economic policy of the current government is leading the country to “destruction and goal.”
With an emphasis on the need to improve in this, the government was asked to intervene.
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