Close X
Thursday, September 19, 2024
ADVT 
India

Major players see India becoming superpower soon as nation on way to be 3rd largest economy: PM Modi

Darpan News Desk IANS, 18 Jul, 2024 04:07 PM
  • Major players see India becoming superpower soon as nation on way to be 3rd largest economy: PM Modi

New Delhi, July 18 (IANS) Prime Minister Narendra Modi on Wednesday said India's job market is on the rise and major global players are predicting that India will soon be a superpower.

“With 12.5 crore jobs created in FY14-23, EPFO subscribers doubling, and India poised to be the 3rd largest economy by 2030, the future looks bright!” PM Modi remarked in a post on X.

Highlighting the 'Great Indian Job Story' with numbers, PM Modi’s post points out that 69 per cent of Indians believe the country’s overall economy is moving in the right direction compared to the global average of 38 per cent. This sentiment is bolstered by India’s rise to the world’s fifth largest economy driven by domestic consumption and the growing influence in forums like BRICS and the G7 summit.

It also spotlights 12.5 crore jobs created from FY14-23, with an average of 2 crore jobs per year; 56 per cent rise in workers' income (FY22-23); AI market to touch $77 billion by 2027; and India on track to become a $10 trillion economy

 

MORE India ARTICLES

Over 100 pilgrims cared for, reunited with families: Indian Haj Mission

Over 100 pilgrims cared for, reunited with families: Indian Haj Mission
Citing an incident where it rescued and provided immediate medical care to an elderly Indian Haji, the Indian Haj Mission said on Tuesday that it has provided necessary assistance to more than 100 pilgrims by reuniting them with their families during this year's pilgrimage.

Over 100 pilgrims cared for, reunited with families: Indian Haj Mission

PM Modi wants to see one Indian product on every dining table in the world

PM Modi wants to see one Indian product on every dining table in the world
Addressing a Kisan Samman Sammelan in Varanasi on Tuesday, the Prime Minister said, "We need zero defect products with a focus on millets and organic produce. Agriculture will be a major factor in making India the third biggest economy in the world.” This was PM Modi's first visit to his Lok Sabha constituency after becoming the Prime Minister for the third consecutive term.

PM Modi wants to see one Indian product on every dining table in the world

Multi-pronged strategy to wipe out drug menace: Punjab CM

Multi-pronged strategy to wipe out drug menace: Punjab CM
Punjab Chief Minister Bhagwant Mann on Tuesday said his government has chalked out a multi-pronged strategy to wipe out the drug menace. Chairing a meeting with police officers here, the Chief Minister said the government is going to introduce several reforms for policing.

Multi-pronged strategy to wipe out drug menace: Punjab CM

In surprise visit, PM Modi reviews work at upcoming stadium & sports complex in Varanasi

In surprise visit, PM Modi reviews work at upcoming stadium & sports complex in Varanasi
Prime Minister Narendra Modi on Tuesday made a surprise visit to the under-construction Varanasi stadium and sports complex to review the work in progress there after attending a Kisan Samman Sammelan, Ganga Aarti at Dashashwamedh Ghat, and praying at the Kashi Vishwanath Temple.

In surprise visit, PM Modi reviews work at upcoming stadium & sports complex in Varanasi

Incessant rain triggers landslides, floods in Arunachal Pradesh

Incessant rain triggers landslides, floods in Arunachal Pradesh
Incessant monsoon rains during the past two days triggered landslides, flash floods and water logging in various parts of Arunachal Pradesh, badly affecting normal life in several districts, officials said on Tuesday. Officials said that a portion of the National Highway 415, along with a culvert, was washed away at Karsingsa in Papum Pare District, snapping connectivity between Nirjuli and Banderdewa.

Incessant rain triggers landslides, floods in Arunachal Pradesh

Indian banks have bounced back in 10 years with 4-fold jump in profits: Report

Indian banks have bounced back in 10 years with 4-fold jump in profits: Report
Indian banks have bounced back over the last 10 years with a 4-fold increase in profits and a sharp decline in bad loans, according to a report by capital markets and investment group CLSA. "Balance sheets of Indian banks are the strongest they have been in over a decade, and profits have rebounded sharply (quadrupling in 10 years)," the report states.

Indian banks have bounced back in 10 years with 4-fold jump in profits: Report