‘India is today 5th largest economy in the world’, says PM Modi

Prime Minister Narendra Modi highlighted the reforms undertaken by the Centre for the development of the country on Saturday and said India is trying to save itself from the global crisis and economic slowdown.

Earlier in the day Prime Minister Modi launched the ‘Rojgar Mela’, a recruitment drive for 10 lakh personnel virtually.

While addressing the event PM Modi said, “For fulfillment of the resolve of a developed India, we are marching ahead on the path of self-reliant India. The efficiency of government departments has increased due to the efforts of our Karmayogis. 7-8 years of hard work is behind it.”

Meanwhile, in the last eight years, India has steered and become the fifth-largest economy in the world.

“India is today 5th largest economy in the world. In the last eight years, we have jumped to the 5th position from the 10th position. It is true that many big economies of the world are struggling with inflation and unemployment…The side effects of the biggest crisis in 100 years cannot just go away in 100 days,” PM said.

“Despite this, India, with full force, new initiatives, and some risks, has been trying to save itself from the global crisis. We have been able to save ourselves till now with your cooperation. We have, in the last eight years, minimized the issues which created obstacles in our economy,” PM Modi added.

India is scaling new heights with ‘Make In India’ and ‘Aatmanirbhar Bharat’ Abhiyan which increased the number of exports.

PM Modi further stated that by 2014 there were few startups but today there are around 80,000 startups in the country.

“India’s youth is our biggest strength. The focus is on skilling India’s youth for a brighter future. StartUp India has given wings to the aspirations of our country’s youth,” PM said.

Talking about Khadi and Village industries PM Modi said, “In these years, more than one crore jobs have been created in Khadi and Village Industries.”

Moreover, fulfilling the continuous commitment of the Prime Minister to providing job opportunities for the youth is a significant step and 75,000 newly inducted appointees’ appointment letters are handed over.

The statement stated, “As per the directions of the Prime Minister, all Ministries and Departments are working towards filling up existing vacancies against sanctioned posts in Mission Mode.”

Across the country, recruits will join 38 Ministries/Departments of the Government of India.

“The appointees will join the government at various levels viz. Group – A, Group – B (Gazetted), Group – B (Non-Gazetted), and Group – C. The posts on which appointments are being made include Central Armed Force Personnel, Sub Inspector, Constable, LDC, Steno, PA, Income Tax Inspectors, MTS, among others,” the PMO statement said.

Ministries and Departments or through recruiting agencies such as UPSC, SSC, and Railway Recruitment Board the recruitments are being done.

However, the statement concluded, “For expeditious recruitment, selection processes have been simplified and made tech-enabled.”