look news india
PM Modi at CII: Regarding the budget, PM Modi had recently claimed that it will prove to be important in the development of the country. Today, in a conference organized by CII, Prime Minister Narendra Modi has made a big claim about the Indian economy. PM Modi said that the Indian economy is growing at a rate of more than 8 percent and the day is not far when in my third term, the country will emerge as the third largest economy in the world.
At the CII conference, PM Modi said that the community I come from has become the identity of the community. Things that happened before the elections are forgotten after the elections. But I am an exception in that community. PM Modi said, I had said that in my third term, the country will become the third economy. India is constantly moving forward with strong steps. In 2014, you gave us an opportunity to serve the country. When the government was formed in 2014, the biggest question was how to bring the economy back on track.
India is focusing on the economy of every sector
PM Modi said that capital expenditure has increased five times in 10 years to more than Rs 11.11 lakh crore. The government has increased record allocations to ministries in the last 10 years, while tax rates have fallen to record lows. The speed and scale at which the government is building infrastructure is unprecedented. India is focusing on every sector of the economy.
PM Modi said that compared to the previous government, our government has increased the railway budget 8 times. The highway budget has been increased 8 times. The agriculture budget has been increased 4 times and the defense budget has been increased 2 times. The intention and commitment of our government is clear, we are focusing on a fully developed India. We will soon start auctioning offshore mineral blocks.
There are more than 1.40 lakh startups in the country
Today India is the top producer of mobile phones. Today there are 1.40 lakh startups in India and 8 crore people have started their business with Mudra loans. Investors from all over the world are eager to come to India. This is a golden opportunity for the industry and we should not miss it. PM Modi has said that 25 crore people of the country have been lifted out of poverty line and now India's goal is to become the third largest economy of the world.
