No-Confidence Motion: PM Modi debunks Opposition’s claims on HAL, LIC, Banks; says they are profit making organisations
August 21, 2026
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No-Confidence Motion: PM Modi debunks Opposition’s claims on HAL, LIC, Banks; says they are profit making organisations

Indian Prime Minister Narendra Modi exposed the claims of the opposition that the public sector banks, LIC and HAL were loss making profit organisations. On the contrary, these organisations are making profit and the confidence of the people of the country has been restored in it.

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Aug 10, 2023, 09:30 pm IST
inPolitics, Bharat, Delhi
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In response to the no-confidence motion moved by the opposition, Prime Minister Narendra said that they are working towards making India the third largest economy. However, he minced no work in lashing at the opposition for not doing their homework properly. PM Narendra Modi said, “When we say that we will make our economy the third largest economy in the next 5 years, a responsible opposition would have asked questions as to how we will do it but ‘Yeh bhi mujhe hi sikhana pada raha hai’.

All the organisations of the country that are declared dead by these people, those organisations get lucky. The manner in which they curse the country and democracy, I am confident that the country and democracy are going to get stronger. We too are going to be stronger: PM Narendra Modi

HAL, LIC, Public Sector Banks turn into profit making organisations during NDA govt’s rule 

Lauding the progress made by HAL, LIC and Public Sector Banks, PM Modi said, “Hindustan Aeronautics Limited (HAL) recorded its highest-ever revenue. Despite their (opposition’s) allegations, HAL has emerged as the pride of the country. They said many things about LIC that the money of the poor will sink but today LIC is getting stronger. ‘Share market vale logo ke liye yeh mantra hai ki jis bhi sarkari company ko yeh gaali de usme daanv laga do acha hi hone vala hai..”

Opposition tried to question our banking sector but their profits have doubled : PM Modi in LS. He further added, “Congress thinks our economy reached in the top five magically but ‘Reform, transform and perform’ are responsible for this achievement. Soon, because of our planning and hardwork, we will become the 3rd largest economy.”

PM Narendra Modi says, “Vipaksh ke logon ko ek secret vardaan mila hua hai ki jiska bhi yeh log bura chahenge uska bhala hi hoga.’ One such example is standing before you. ’20 saal ho gaye kya kuch nahi hua par bhala hi hota gaya..”

PM slams opposition for putting interest of nation on the backburner 

PM Narendra Modi says, “Through their conduct, a few Opposition parties have proven that for them Party is above Nation. I think you don’t care about the hunger of the poor but the hunger for power is on your mind.” PM Modi said, “The feeling of ‘No Confidence’ towards Congress is very deep in Indians.”

He took the opposition head on for trusting the foreign  vaccines and questioning the one that is made in India.

He further said, “Kashmir was burning in the fire of terrorism but Congress trusted Hurriyat and separatists instead of trusting Kashmiris.”

Topics: PM ModiNo-Confidence Motion
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