Politics

If economy is growing at fast pace, how will job market won’t expand: PM Modi

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New Delhi | Prime Minister Narendra Modi on Saturday on while responding to the opposition allegations of lack of Job creation during the tenure of BJP government said more than one crore jobs have been created in the last one year, hence, the campaign of lack of jobs needs to stop now.

In an Interview to News Agency ANI, PM Modi questioned, “When economy is growing at a faster pace, in fact fastest among the major economies, how will the Jobs market not expand? He further added that” When investment into and the pace of execution of infrastructure projects like making roads, laying down rail lines, setting up power generation including solar parks and transmission lines is at all-time high, how come the jobs will not be created.”

Speaking on the development of the Aviation industry, PM Modi said,” Last year, over 10 crore people took a flight. Through UDAN scheme, we have put many places, particularly Tier-II and III cities on the aviation map.”

“More than 13 crore MUDRA loans have been given to our hardworking entrepreneurs. I have been told that over 3.5 crore of these loans have been given to first time entrepreneurs,” said PM Modi while mentioning about the government vital rural welfare scheme ‘Mudra Scheme’ which provides refinance to micro businesses.

He further added that “Employment generation is also evident from 45 lakh new Subscribers in the Employee Provident Fund and 5.68 lakh people joining the New Pension Scheme in the last nine months. All this has led to creation of more than one crore jobs only in the last year.”

Attacking the opposition, He questioned that From just 2 mobile manufacturing units in 2014 we have grown to 120. When such development in electronic manufacturing is taking place, will it not create jobs?

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