ANI
26 Jan 2023, 00:55 GMT+10
New Delhi [India], January 25 (ANI): Noting that India has been among the fastest-growing major economies, President Droupadi Murmu has said most sectors of the economy have shaken off the pandemic effect and this has been possible due to "timely and pro-active interventions from the government".
In her address to the nation on the eve of the 74th Republic Day, the President said India became the fifth largest economy in the world last year and the achievement came amid high global economic uncertainties.
The President said that in the country's mission 'Sarvodaya' (the upliftment of all), the most encouraging has been the progress made on the economic front.
"Last year, India became the fifth largest economy in the world. It needs to be underlined that this achievement comes against the backdrop of high economic uncertainties around the world. The pandemic has entered the fourth year, affecting economic growth in most parts of the world."She said in its initial phase, COVID-19 also hurt India's economy badly but the country soon came out of the downturn.
"Guided by our able leadership and driven by our resilience, we soon came out of the downturn, and resumed the growth saga. Most sectors of the economy have shaken off the pandemic effect. India has been among the fastest-growing major economies. This has been made possible by timely and pro-active interventions from the Government. The 'Atmanirbhar Bharat' initiative, in particular, has evoked great response among people at large."She said there have also been sector-specific incentive schemes.
"It is a matter of great satisfaction that those on the margins have also been included in the schemes and programmes and they have been helped in tiding over difficulties."The President said that by implementing the Pradhan Mantri Garib Kalyan Anna Yojana announced in March 2020, the government ensured food security for poor families at a time when the country was facing economic disruption in the wake of the unprecedented outbreak of COVID-19.
"Because of this help, no one had to go hungry. Keeping the welfare of poor families paramount, the duration of this scheme was extended successively, benefiting about 81 crore fellow citizens. Further extending this assistance, the Government has announced that even during the year 2023, the beneficiaries will get their monthly ration free of cost," she said.
"With this historic move, the government has undertaken the responsibility of caring for the weaker sections while also enabling them to benefit from economic development," she added.
President Murmu said with the economy on a sound footing, the country has been able to begin and carry forward a series of praiseworthy initiatives.
"The ultimate goal is to create an environment in which all citizens can, individually and collectively, realise their true potential and prosper."She said as education builds the right foundation and for this purpose, the National Education Policy has introduced ambitious changes.
"It rightly addresses the two-fold aims of education: as an instrument of economic and social empowerment and as a means to explore the truth. The policy makes our civilisational lessons relevant for contemporary life, while also preparing the learner for the 21 st century challenges.
She said National Education Policy appreciates the role of technology in expanding and deepening the learning process. (ANI)
Get a daily dose of New York Statesman news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to New York Statesman.
More InformationIt's been 20 years since the Secretary of State made his UN Security Council address, fake anthrax vial in hand, ...
Children look at books at the Border Line Crisis Center shelter in Tijuana, Mexico. ...
Mourners arrive to the funeral service for Tyre Nichols, at Mississippi Boulevard Christian Church on Wednesday, Feb. 1, 2023, in ...
The ruling allows advancement of solar in the only way it can be advanced. ...
Pulaski Academy coach Kevin Kelley, center, celebrates with his team after the Arkansas Class 5A High School Championship football game ...
Thank you notes made by migrant children who stay at the San Diego Rapid Response Network Migrant Shelter Services in ...
Rescue teams in Turkey and Syria continue the search for survivors of the catastrophic earthquake that hit the region on ...
WASHINGTON D.C.: The Biden administration has indicated that it could end federal protection for grizzly bears in the northern Rocky ...
MANILA, Philippines: The Philippines has granted the United States four more locations to open military bases, U.S. Defense Secretary Lloyd ...
WASHINGTON, DC - The global community has extended aid to Turkey and Syria following the devastating earthquakes that hit the ...
WASHINGTON D.C.: US lawmakers have called on the Department of Energy to release documents detailing attempts by Russian hackers to ...
Photo credit: Ercin Erturk / Anadolu AgencyThe death toll from Monday's massive 7.8 magnitude earthquake in Turkey and Syria has ...