Reforms, policies over 8 years made India 5th largest economy, helped deal with Covid: PM

Prime Minister Narendra Modi said on Saturday that India’s policies and economic reforms over the past eight years are the reasons the country can overcome the impact of the Covid-19 pandemic.

Launching Rozgar Mela, the government initiative to recruit 10 lakh people over 18 monthsModi said: “The central government aid of more than Rs 3 lakh crore to the micro, small and medium enterprises (MSME) sector during the Covid pandemic has saved more than 1.5 crore of jobs that were in crisis.”

On Saturday, 75,000 new employees in 38 ministries and union departments received appointment letters in roles at various locations across the country.

In his video conference speech, Modi said more recruitment letters will be delivered in the coming days. He said the NDA-governed states and the UTs of Jammu and Kashmir, Andaman and Nicobar Islands, Dadra and Nagar Haveli, Daman and Diu, along with central government institutions, will organize similar Rozgar ceremonies and distribute appointment letters.

Regarding the consequences of the pandemic on employment and the economy, the prime minister said that no one in the world expects to recover from the impact of the biggest crisis in 100 years in just 100 days. “But we’ve managed to protect the impact so far with everyone’s efforts. And that was possible because, over the last eight years, we’ve removed the economic shortcomings that created obstacles,” he said.

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Due to its economic policies over the past eight years, he said, India has jumped five positions from being the 10th largest economy in the world to the 5th largest.

He listed several schemes that have created jobs, including the Pradhan Mantri Mudra Yojana and the Mahatma Gandhi National Rural Employment Guarantee Act, and said that to generate jobs, the government is working on several fronts.

In recent years, Rs 20 lakh crore of credit, he said, has been tapped through the Mudra scheme. “More than 7.5 million beneficiaries started their businesses for the first time with Mudra loans. Seventy percent of the beneficiaries are women. More than 8 million women have connected with self-help groups and are now selling what they do,” he said.

He said innovators, entrepreneurs, industrialists, farmers and people in manufacturing and services all play a crucial role in making India self-sufficient. Highlighting the importance of Sabka Prayas, the Prime Minister said that everyone’s effort is fundamental and Sabka Prayas is only possible when all important amenities reach everyone.

Modi said data from the Employees’ Provident Fund Organization (EPFO) indicate the success of employment policies. “In August 2022 alone, 17,000 people joined the EPFO, in the formal economy. In it, about 8 lakh are in the age group of 18 to 25 years,” he said.

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He linked the NDA government’s push for infrastructure projects to job creation, saying that it is globally accepted that infrastructure creates jobs. “Thousands of kilometers of roads are being built, railway lines are being doubled, converted, electrified… airports being built… The government is working towards an investment target of Rs 100 lakh crore in infrastructure. All this will create thousands of local jobs and will also develop the tourism sector,” he said.

Through Digital India, 5 lakh Common Service Centers have provided jobs for lakhs of youth, he said. “With the expansion of 5G, employment opportunities will further increase in the digital sector.”

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Identifying manufacturing and tourism as the two big job creators, Modi said processes are being streamlined for global companies to come to India, set up factories and meet global demands. “Production Linked Incentive (scheme) is India’s policy. The more production, the more incentive. The benefits of this policy began to show in many sectors,” he said.

About the recruitment campaign, Modi said the aim is to provide basic services to people faster. He said the unit itself is an example of changing times. “Eight years ago, applying for a government job was the beginning of many problems. Over the years, we’ve removed these issues and streamlined processes. We abolished interviews for Groups C and D,” he said.

Modi urged new employees to always remember their “kartavya way” (duties) to people while doing their jobs.

Those who receive appointment letters will join at various levels in Group A and B (Gazetted), Group B (Non-Gazett) and Group C. Positions in which appointments are being made include Central Armed Forces personnel, sub-inspectors, police, LDC, steno, PA, income tax and MTS among others.


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