Page 29 - NIS - English 01-15 September,2023

Cover Story : 77 th Independence Day Celebrations

New chapter of

economic progress

From the ramparts of the Red Fort,
PM shed light on how significant steps
towards formalizing the economic
drive change and driving growth at the
local level, led to beginning an era of
economic prosperity in India...

We tried to spend maximum
money for the welfare of the figure has reached 100 lakh crores.
poor. When the country is n Earlier, 70 thousand crore rupees were spent from
economically prosperous, the treasury of the Government of India for the
it does not just fill the development of local bodies, today it is going to
more than 3 lakh crores.
coffers, the strength of
n Earlier, 90 thousand crore rupees were spent to
the country and the
build the houses of the poor; today it has increased
countrymen increases. 4 times and more than 4 lakh crores are being
spent to build the houses of the poor.
n The bags of urea that are sold for 3,000 rupees in
n When we came in 2014, we were at number 10 in some global markets, we provide to our farmers
the global economy, and today the persistent for 300 rupees, and hence the government is
efforts of 140 crore countrymen have finally paid off providing a subsidy of 10 lakh crore rupees on urea
as we have reached the rank of number 5 in the for our farmers.
world economy. n The Mudra Yojana, with a budget of over 20 lakh
n When scams worth lakhs of crores were wreaking crore rupees, has provided opportunities for self-
havoc on the economy, the country was being employment, businesses, and ventures for the
recognized in the governance and fragile file, we youth of our country. The capability to provide
stopped leakages, created a strong economy. employment to 8-10 crore new individuals has
n If there is a government that takes a pledge to been achieved through the Mudra Yojana availed
spend this honestly for the welfare of its citizens, by eight crore citizens.
then, what outcomes could be achieved. n During the Corona crisis, MSMEs were supported
n I am giving the account of 10 years to my with nearly 3.5 lakh crore rupees, preventing them
countrymen from the ramparts of this Red Fort to from sinking and providing them strength.
which our tricolor stands a witness. 10 years ago, n Under the "One Rank One Pension" initiative, which
30 lakh crore rupees used to go to the states from was a tribute to our soldiers, 70,000 crore rupees
the Government of India. In the last 9 years, this from India's treasury has reached them.
New India Samachar September 1-15, 2023 27