Page 20 - NIS English 16-31,March 2023

Cover Story Middle Class

Experience

a significant

change in

daily life

Prime Minister Narendra Modi has ensured
that the ease of living of the people increases.
For this, whether it is increasing the
expenditure on infrastructure or promoting
connectivity, work is being done fast at every
level. Government programmes in the last
nine years have ensured that the country's
aspirational sections experience significant
changes in their daily lives.

Since 2014, Prime Minister
n METRO RAIL CAR LOAN INTEREST RATE
Narendra Modi has not
only been continuously
increasing the outlay on
infrastructure but along Year 2014 5 cities
with laying the foundation
stone of the project, it
is also being completed
on time. This has helped
middle-class families in Year 2022 27 cities
reducing their expenditures.

In the UDAN scheme, n Car loan interest rate was 11% in
n 2014, which has come down to
many Tier-2 and Tier-3 below 8% in 2022.
cities were connected
with air travel so that it is n CLSS reduced the burden of home

not limited to the affluent loans by Rs 48 thousand crores
classes only. Now the n More than 1.23 crore houses have

middle class has the option been sanctioned under Pradhan
of air travel at a lower cost Mantri Awas Yojana Urban.
than the UDAN scheme.

18 New India Samachar March 16-31, 2023