India's rapid growth is creating jobs for all: PM

New Delhi: Prime Minister Narendra Modi on Monday said the Indian economy was on the “path of rapid growth”, which had led to the creation of big opportunities for employment of youth.

Addressing a Rozgar Mela via video-conferencing where he distributed over 51,000 appointment letters to new recruits, the Prime Minister said that the automobile, pharma, tourism and food processing sectors were expected to grow at a rapid pace and open up employment opportunities for the youth.

Noting India’s status as the fastest growing economy, Prime Minister Modi reiterated that India will reach among the top three economies of the world within this decade. “Modi gives such guarantees with utmost responsibility,” he said.

Talking about the impact of the growing economy on the ordinary citizen, the Prime Minister said it was important that every sector grows to ensure the growth of the economy.

Mentioning the role of the pharma industry during the Covid-19 pandemic, he said: “Today, India’s pharma industry is worth about Rs 4 lakh crore and it is estimated that by 2030 the industry will be worth approximately Rs 10 lakh crores. This growth means that the pharma industry will need more youth in the coming years, creating many opportunities for employment.”

Throwing light on the expansion of the automobile and the auto components industry, the PM told the gathering that both industries are worth more than Rs 12 lakh crore and it was expected to grow further in the years to come. He underlined that many more youth will be required by the automobile industry to maintain this growth rate, thereby creating job opportunities.

He also talked about the food processing industry which was worth approximately Rs 26 lakh crore last year and stated that it was bound to rise to Rs 35 lakh crore in the next three and a half years. “With expansion comes increased employment opportunities,” he added.

Referring to infrastructure development, the Prime Minister further said that in the last nine years the Central government has spent more than Rs 30 lakh crore on infrastructure, giving a push to connectivity as well as to tourism and hospitality, creating new jobs.

“By 2030 the tourism sector will contribute more than Rs 20 lakh crore to the economy, creating an estimated 13-14 crore jobs. These are not just numbers, these developments will impact the lives of citizens by creating jobs, ease of living and increasing incomes,” Modi said.

Noting that a new era of transformation can be witnessed owing to the efforts of the government in the last nine years, the Prime Minister remarked that India making record exports last year was a sign of increased demand for Indian-made goods in the global market. “As a result, production has gone up, employment has increased and thereby the income of the family has seen a rise,” he said.

Recalling the launch of Pradhan Mantri Jan Dhan Yojna on this day nine years ago, the Prime Minister said: “This scheme has played a big role in creating employment along with economic empowerment of the villages and the poor (Gaanv aur Gareeb).”

He mentioned that under the scheme, during the last nine years, more than 50 crore bank accounts have been opened and the scheme has helped in taking the benefits to the poor and deprived directly as well as  it has helped in employment and self employm?ent of tribal, women, Dalits and other deprived segments.

Modi noted there are a great number of women, Dalits, backwards and tribal youth among the beneficiaries of these schemes and these Jan Dhan accounts have strengthened women’s self-help groups in the villages. “The role that Jan Dhan Yojana has played in accelerating social and economic change in the country is indeed a matter of study,” he said.

The Rozgar Mela was held at 45 locations across the country and through this, the Union home ministry also recruited personnel for various Central armed police forces (CAPFs), the Narcotics Control Bureau (NCB) and the Delhi police.

The Prime Minister congratulated the new appointees and called them “Amrit Rakshak” as they will not only serve the country but will also protect the country and countrymen. “You are ‘Amrit Rakshak’ of this ‘Amrit Kaal’,” the PM said.

Highlighting the responsibilities of the new recruits in ensuring the development of the nation, the Prime Minister said that a secure environment by the rule of law expedites the pace of development.

Giving the example of Uttar Pradesh, the PM mentioned that the state once lagged behind in development and was also one of the leading states in terms of crime. “With the introduction of the rule of law in Uttar  Pradesh, the state is now able to scale new heights of development and a new society free from fear is being established. Such an arrangement of law and order reaffirms the belief in the people,” he said.

The PM pointed out that the investments in the state were on the rise with a decline in crime rate and also pointed out that those states that have a high crime rate are witnessing very low investment and all employment opportunities come to a standstill.