Union Minister Jitendra Singh has said that India has had a huge quantum jump in the global benchmarks with India being the fastest growing economy in the world having overtaken United Kingdom, jumping forty steps up in the global innovation index, ranking third in the Startup ecosystem having more than 90,000 Start-Ups from 250 in 2014 with 100 unicorns.
Singh further said ‘the per capita income has also doubled under the present government from last eight years with manifold increase in exports in almost every sector be that the mobile chip technology, defence, toy industry etc. with IMF rating saying that the world is looking at India as the bright spot giving self-esteem to all of us’.
Besides, Singh noted that the pro-business reforms unleashed by Prime Minister Narendra Modi led government in the last nine years is laying a strong foundation of New India, opening up new vistas for the business community, improving India’s rank in ease of doing business from 142 in 2014 to 63 in 2022, as per World Bank report.
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