Nishikant Khajuria
UDHAMPUR, Jan 30: Union Minister Dr Jitendra Singh today said that return of Narendra Modi as Prime Minister of the country for third consecutive term is imperative to continue India’s fast track growth.
“The country has great stakes in continuation of the upwards trend in its growth story for the last 10 years and India is all set to emerge as the world’s third largest economy in Modi’s third term as Prime Minister,” he said while talking to media persons on the sidelines of a function in connection with inauguration of BJP election office, here today.
The Union Minister reminded that when PM Modi took over in 2014, India stood as the world’s 10th economy and in less than 10 years, the country jumped to 5th position after overtaking the United Kingdom.
“Hopefully this year it will emerge as the 4th largest economy and during PM Modi’s 3rd term, India will be the world’s 3rd largest economy, marching on to become the number one economy by 2047,” he said.
Dr Jitendra Singh said that in the last 10 years under PM Modi, India is recording a rapid rise in a slew of global benchmarks. “During Financial Year 2023-24, Indian economy grew at 7 per cent plus for the third successive year even as the global economy struggles to grow at more than 3 per cent. We are the third-largest fintech economy in the world after the USA and the UK,” he said.
Dr Jitendra Singh also mentioned that India has the 3rd largest Start-up Ecosystem globally and is home to the fastest-growing unicorns. “From just about 350 StartUps in the year 2014, today we have over 1,30,000 Startups, besides more than 110 Unicorns,” he said, adding that within a short span of just about four years, the number of Space StartUps has gone up from a mere single digit to over 150. Besides, there are more than 6,300 BioTech Startups and over 3,000 Agritech Startups in the Lavender sector of Jammu & Kashmir itself, he further said.
“In the Global Innovation Index, we ranked 81 in 2014, but we have jumped 41 places and today we are number 40 in the world. Under Modi, India of 2024 is ready to take a giant leap, backed by its scientific acumen and technological prowess,” he said.
Referring to Udhampur-Kathua-Doda as among the most developed Lok Sabha constituencies in the last 10 years, Dr Jitendra Singh said not only several national and first-of-its-kind projects were brought- in during the last 10 years, but even those projects which had been abandoned by the earlier Governments were revived.
“This is the only Lok Sabha Constituency, which got three Centrally funded Medical Colleges, two Passport offices, world’s highest Railway Bridge, Asia’s longest Road Tunnel from Chenani to Nashri, North India’s first Industrial Biotech Park, North India’s first Cable Free Bridge Atal Setu at Basohli, nearly 4 to 5 Hydro power projects in Kishtwar making it India’s power hub, Shahpur-Kandi National Irrigation project, longest Express Corridor from Katra to Delhi, two instead of one Vande Bharat Express Trains on the same route of Katra to Delhi, nearly 200 bridges and small bridges, besides District Udhampur has been declared as India’s top three districts in PMGSY Roads,” said the Minister while listing developmental works in the Parliamentary constituency during his tenure as the MP.
Dr Jitendra Singh emphasised the need to effectively convey to the common masses, particularly youth and women, the enormous development that has taken place in Kathua-Udhampur-Doda constituency in the last 10 years under the patronage of Prime Minister Narendra Modi.
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