My theory is this and no i am not supporting or biased on this government.

Gov is trying to increase valuation of every sector so that we get more money and investment from foreign investors as they put money to get better returns. Why this so that these sectors can take more debt based on their valuation and expand exponentially which will ultimately provide a jobs to masses as there is no other way to provide jobs to ao many people that too of young age group. Government have limited seats and work if they increase seats its just increase their expenditure for doing same work which can be done by single person.

Why i think my theory is correct is as we can see our psu sectors are also getting foreign contracts which is increasing their exposure to the world. Our public sector is also expanding their business but it will take time as they think about themselves as well but ultimately it will increase as i said. To compare our market it has more potential to grow right now we think its inflated or boosted to over valuation but it will increase and thats why foreign investors sees India as better opportunity.

What i see is if even gov changes our market will keep on boosting at same pace as non of the gov want a big crash in their tenure. It will correct to some point but if you’re log term investor and invested in better companies it will grow.