Prime Minister Narendra Modi has highlighted job creation and infrastructure development in Mumbai recently
- Posted on July 14, 2024
- News
- By Arijit Dutta
- 127 Views
Prime Minister Modi announced 80 million new jobs created in India over 3-4 years, citing an RBI report. He launched Rs 29,000 crore worth of infrastructure projects in Mumbai, aiming to boost connectivity and establish Maharashtra as a global financial powerhouse.
Speaking about employment in India, Modi said that according to the latest data from the Reserve Bank of India, over the past three to four years, 80 million new jobs have been created. He said this at an event in Goregaon suburb of Mumbai where he began projects and inaugurated projects which included roads, railways and ports costing Rs 29,000 crore.
“This figure has put a lid on those who peddle fake stories on jobs,” Modi said, stressing his government’s commitment to skill development and employment. He further said that small investors as well as the big investors have received the third term of his government positively.
The Prime Minister spoke about the development plans for Maharashtra and Mumbai, saying, “My vision for Maharashtra is to recreate it as the world’s largest financial superpower and my dream for Mumbai is to turn it into a fintech hub of the world. ” He explained how the future infrastructure projects in and around Mumbai would improve the connection of the city to the surrounding regions, which may lead to increased economic development and employment opportunities.
The Mumbai visit of Modi also highlighted the government’s plans of revolutionizing the infrastructure sector and various projects in road, rail and port sector. These measures are anticipated to have a significant impact on the increase in the mobility in urban areas and on the easing of trade.
The occasion was also an opportunity for the Prime Minister to respond to his detractors on the state of the government on employment and the economy. This was an attempt by Modi to dismiss the issue of jobless growth that has been topical in the recent past while referring to the RBI report.
In the meantime, the Indian government has kept the focus on the development of infrastructure and employment generation as crucial factors for the country’s economic revival after the pandemic. These speeches of the Prime Minister while in Mumbai can be seen as indicative of the administration's confidence in its economic policies and its vision for establishing India, Maharashtra, and Mumbai as international financial centers.
