MoneyWorks4Me

PMJDY propels country from being part of fragile five to be fifth largest economy in world: Goyal

29 Jan 2024 Evaluate

Lauding the Pradhan Mantri Jan Dhan Yojana (PMJDY), Union Minister of Commerce & Industry, Piyush Goyal has said that it has played a pivotal role in empowering the entrepreneurs to be self-reliant and be a part of the country's growth story and also emphasized that the PMJDY has propelled the country from being part of a ‘fragile five’ to be the fifth largest economy in the world. 

The minister said that India has turned into an economy where interest rates and rising inflation have reigned in despite the turbulence caused in the developed nations. Further, expressing his confidence in the youth of the nation, Goyal said that a collective effort from youth, especially women, would make India a corrupt-free nation and would take India’s economy to thirty-five trillion dollars. 

Besides, the minister said that with the launch of ‘Lakhpati Didi Scheme’, India is poised to rapidly grow and the entrepreneurs and innovators will be at the forefront of that growth story. Goyal called upon startups and innovators to contribute to the innovation led growth story of India as ‘we march towards the 100th year of Independence in line with our resolve to become a developed nation by 2047.’