ZestyBiscuit
ZestyBiscuit

Indian economy future/Stock market future

We all know that majority of analysts and experts are optimistic of Indian Economy. It will be going to be the 10 trillion dollar economy by 2030 as per most. So we can make good amount of money in long term ( 15-20 years ). I am also investing in stock market ( majorly in index funds and self analysed stocks ). Also seeing current developments myself too optimistic about this. Prediction is if BJP wins this election will boost the market.

But my concern is what if BJP have done huge scam internally which is unknown due to huge control over government currently. And what if that scam bubble break one day. Isn’t this going to make our long term investment to go negative and loose most investments. Even though I have soft corner on BJP, by seeing only ED raids on non-bjp politicians, if non-bjp person joins BJP his scams are waived off. I think this might have given huge advantage to some cunning MLAs and MPs of bjp and they might have done huge scams and one day it may break.

It’s my thoughts. What all you think? Is there any scam bubble in progress?

8mo ago
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SillyDonut
SillyDonut
TCS8mo

Being close to some ministers family.

Corruption has reduced big time.

Let me give an example.

% of commission in highway and railway was 25% in upa time

Now it's 3-6%

💯 Sure no huge scam in process.

Just regular corruption :D

AGI can kill stocks not BJP

ZestyBiscuit
ZestyBiscuit
EY8mo

Thanks. I hope it is true 😊

SillyDonut
SillyDonut
TCS8mo

Damn.

There is corruption at panchayat to MLA to MP level.

But not at the scale of what op imagines.

Semiconductor ecosystem was unimaginable in upa time due to kickback and under the table ask by DMK leaders ( Meity was under them)

Taiwanese and USA firms ain't ok with corruption so...we missed 3-4 decades

JumpyPretzel
JumpyPretzel

Scams are always in progress. But nothing can break Indian economy, at least for next 20-30 yrs, doesn’t matter which party is in power. Even if BJP loses, stock market will go down and then will recover very fast. Indian Economy (and thereby stock market) will keep growing no matter what.

PrancingPenguin
PrancingPenguin

Look there'll be scammers in each party, when bjp is in power they'll attack others, like they attacked kejriwal when kejriwal will be in power he'll take revenge on this ppl... Our concern should be that these ppl should not get along. Due to social media there's an increase in transparency to some extent.

ZestyBiscuit
ZestyBiscuit
EY8mo

True. And yes if there is transparency then well and good 😊

SillyJellybean
SillyJellybean

Keep an eye on NPA reports

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