Hoshiarpur (Daljit Ajnoha):-Former Cabinet Minister and senior BJP leader Tikshan Sood said that the multi-faceted efforts of the Modi government have led to a sharp decline in poverty in India, while the unemployment rate has also come down. Referring to a report published in Business Standard citing the World Bank, he said that figures highlighting the decline in poverty and unemployment in India during the tenure of the Modi government had been presented. He said that the successful policies of the Modi government had significantly strengthened India's economic growth and led to an increase in consumption, employment and social security, as a result of which 500 million people had come out of poverty.
He said that the extreme poverty rate, which stood at 27.1 per cent in 2011, had declined to just 2.6 per cent in 2023. Similarly, citing figures from 2014 to 2024, he said that 170 million jobs had been created in the country, amounting to an annual average of 17 million jobs. The unemployment rate was recorded at 7.6 per cent in 2015, which, according to him, declined to 4.2 per cent in 2015.
Mr Sood said that a look at these figures indicated that Prime Minister Narendra Modi’s resolve to make India a developed nation by 2047 was moving towards fulfilment. He said that the World Bank had cited India's unprecedented achievement on the economic front as a lesson for other developing countries, which was a matter of great pride for the people of India.
