Modi takes India to the path of prosperity – Jammu Kashmir Latest News | Tourism

Tarun Chugh
Under the leadership of Prime Minister Narendra Modi, India is establishing itself on the world map as an independent, strong and prosperous country. A few decades ago, our country was among the poorest of the poor countries in the world and the scenario is now ready to change.
India was dependent on imports from food grains to essential commodities. But, the Prime Minister’s vision, noble intentions and capable leadership skills have changed our situation today. India has become an exporter to the world.
When Narendra Modi became Prime Minister in 2014, India’s Gross Domestic Product (GDP) was $2.04 trillion, and by 2019 it had grown to $2.87 trillion. The world economy collapsed due to the Corona epidemic, but in the year. In the current financial year 2022-23, India’s GDP may cross three lakh billion dollars due to effective leadership.
Similarly, India was lagging far behind in terms of per capita income, but even at that level it has grown rapidly in the last eight years. When the Modi government came to power, the per capita income at that time was just Rs 79,000, now it has increased to Rs 1.50 lakh. India’s development journey continued between the pandemic and the current Russia-Ukraine war.
Due to the rapid pace of development in various fields, India has become the fifth largest economy in the world, leaving behind Great Britain, which ruled India for two hundred years. Various surveys have said that if this pace of the economy continues, by 2029, India will become the third largest economy in the world, behind Japan and Germany.
During the eight-year tenure of Prime Minister Narendra Modi, many important decisions were taken to make India self-aware. With the implementation of GST, our taxation system was improved, and hence, along with the increase in government revenue, traders and common people were also made easier.
All the villages have been electrified, after which small industries and rural industries have grown. Reform programs like Make in India, Start-up India, PLI Scheme, Bankruptcy Law, Ease of Doing Business, Digitization are prominently included. Because of the Jan Dhan Yojana, the entire country is now connected with the country’s economy. Till 2014, there were only 1.35 crore bank accounts, but for financial inclusion, Pradhan Mantri Jan Dhan Yojana was started and under this scheme 45.41 crore bank accounts have been opened and there are Rs 1,67,145.80 crores.
As a result of the Make in India and PLI scheme, exports of goods increased by more than $100,000 billion. According to RBI data the export from 312 billion dollars in the year 2013-14 has increased to 421 billion dollars in the year 2021-22. In digitization, 40 percent of the world’s digital transactions are now taking place in India. We used to import mobile chips from other countries, now we are the second in the world in its production.
For many decades, India was dependent on imports for food grains, but in 2022 that picture has completely changed. Today India is exporting food grains to the world. Due to the increase in exports, the country’s farmers were benefited in many ways. India was the number one or number two producer of many types of food during Narendra Modi’s reign.
This increased the share of agricultural exports to more than 15 percent of total merchandise exports. Agriculture is the backbone of India’s economy, given Prime Minister Narendra Modi’s continuous efforts to double the income of farmers. Accordingly, steps like Kisan Samman Nidhi, Soil Health Card, Neem Coated Urea for farmers were taken.
Along with this, the Modi government has increased the agriculture budget to a large extent. In the financial year 2012-13, the agriculture budget was around 21,933 crores, which has increased to 1,24,000 crores in 2022. PLI started two years ago in 15 sectors, and investments of 2.5 million euros have been made so far. In the next five years, the PLI scheme is expected to generate an investment of Rs 28.15 crore and create more than 64 thousand jobs.
The PLI scheme has helped build a self-reliant India. They were already preparing to make a scheme like PLI a success. GST was implemented in the year 2017. With the implementation of GST, an environment for global investment has been created. As a result, in the year 2021-22, $83.57 billion was the highest ever foreign direct investment (FDI), while in 2014-15 only $45.15 billion was received.
Thus, under the leadership of Prime Minister Narendra Modi, India has become a strong, prosperous and self-reliant country in the field of economy. On an economic basis, survey and rating agencies have rated India’s economy as strong. India’s economic growth is estimated at 8.0 percent to 8.5 percent in 2022-23.
According to the estimates of the World Bank, Asian Development Bank and the International Monetary Fund, India will continue to be the world’s leading fastest growing economy. They are also doing welfare and development work in the country. At the same time, the country’s economy is also constantly strengthening.
The country’s security system has also been strengthened. Our soldiers are strong and confident. India has also set a record in the field of health. Overall, the Modi government is showing its efficiency in making the country economically prosperous by providing basic facilities to all citizens. We can also say that India achieved independence from the economic point of view only on the nectar of independence. In this, from an economic point of view, we have become autonomous and self-sufficient. Today we should be proud of the strong economy of the country.
(Writer is general secretary of BJP)

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