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Manufacturing hub to food basket: PM Modi’s 6 pillars for Viksit Bharat

Says neo middle class top strength of Indian economy
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Prime Minister Narendra Modi speaks at the ET World Leaders Forum, in New Delhi on August 31, 2024. Screengrab via PM India website-PTI
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New Delhi, August 31

Prime Minister Narendra Modi on Saturday listed six pillars that will power India’s journey to development and help attain the goal of Viksit Bharat by 2047.

These pillars are—making India a global manufacturing hub, reviving the glory of Indian knowledge systems, ensuring every dining table in the world has at least one Indian product, powering green energy, expanding tourism and working for inclusive development of the world, especially of the global south.

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Speaking at an event organised by a national daily here today, Modi said neo middle class of India—comprising 25 crore people who have ditched poverty over the past decade—are the top strengths of the Indian economy and are creating market demand that will power growth.

Commenting on the recent national election results, Modi said Indians voted for stability and continuity.

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“Many countries of the world witnessed elections this year and in most of them people voted for change. In India the trend was reversed. Here people voted to ensure a government hat-trick after 60 years. Like people who are full of hope and trust for the government, the government is also full of hope and trust and is working to prepare India for future challenges,” said the PM.

He said the BJP-led NDA government had in the first three months of its third term taken transformative decisions for women, poor, youth and farmers.

“Within 100 days of our third term we have begun modernizing physical infrastructure, expanding social infrastructure, and moving ahead on the reform path. In three months we have approved 3 cr new houses for the poor, a unified pension scheme, Rs 1 lakh crore for agri infra expansion, Rs 1 lakh cr PM package to benefit over 4 cr youth and have ensured 11 lakh poor women became lakhpati didis with annual income of over Rs one lakh,” Modi said, adding that his government wants people to save the money they spend on sending children abroad for education.

The PM promised to keep expanding the MBBS seat base in India.

“Today India’s progress is making global headlines. We are changing the lives of people. The scale and speed at which people are moving out of poverty is historic. In ten years 25 crore people came out of poverty and created a neo middle class which is powering our growth,” Modi said, adding that his government worked to remove historical hurdles that deterred the Indian poor from aspiring and growing.

The PM, while listing six priority areas of his government added, “Global prosperity lies in India’s prosperity.”

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