Indian Economy Growth: Prime Minister Narendra Modi addressed the ET World Leaders Forum in New Delhi. During this, PM Modi said that when the results of the Lok Sabha elections came, I had said that in the third term our government will work three times faster. I assure you that now the intentions are strong and like every citizen of the country, the government is also full of hope and confidence.
The PM further said that in the last 10 years, the global economy has grown by only 35%, while the Indian economy has grown by about 90% in the same period. This is a sustainable development that our country has achieved. It will continue to grow. Our mantra has been continuous improvement, performance and change. Seeing the achievements of the country, the people of our country are also now full of confidence.
3 crore houses approved
PM Modi said that it has not even been 100 days yet, we are engaged in modernizing the physical infrastructure. We are expanding the social infrastructure. We are constantly pushing forward the reforms. In the last three months, we have taken big decisions one after the other for the poor, farmers, youth and women. We have approved three crore new houses for the poor.
25 crore people came out of poverty in 1 decade
Prime Minister Modi said that in the last decade, 25 crore people have come out of poverty and these people have not just come out of poverty, they have created a neo-middle class. This speed and scale is historic.
We have changed the government’s attitude towards the poor. They did not have bank accounts, did not have basic facilities. So we removed their obstacles. Those who did not have bank accounts for decades are today doing digital transactions from their accounts. Those for whom the doors of banks were closed. They are today getting bank loans without guarantee, they are becoming entrepreneurs today.