NEW DELHI, Aug 28: On Monday, Prime Minister Narendra Modi stated that the Indian economy was on a path of rapid growth, which has resulted in the creation of significant chances for youth employment.
The prime minister stated, while speaking at a Rozgar Mela where he gave out over 51,000 appointment letters to young people, largely in the security services, that the auto, pharmaceutical, tourist, and food processing industries were anticipated to grow quickly and create job chances for young people.
According to him, the economy is estimated to get a contribution of Rs 20 lakh crore from the tourism sector alone by 2030, with the potential to add 13 to 14 crore new employment.The prime minister predicted that India would join the top three economies in the world this decade and benefit the average person.
Every industry must grow. anything from startups to drugs to food. The economy will expand after every industry makes progress, he claimed.
The prime minister used the pharmaceutical business as an example, noting that by 2030, it is anticipated to rise to a value of Rs. 10 lakh crore from its current value of Rs. 4 lakh crore.What does it signify? In this decade, the pharmaceutical business will require a large number of young people. There will be employment chances, according to Modi.
He said that the automobile industry was also expanding and that this expansion will be fueled by young people.
The prime minister declared that there would be plenty of employment prospects.
He used Uttar Pradesh as an illustration, claiming that the state’s effective governance helped to build the rule of law, which in turn attracted a lot of investment.The formation of the rule of law, according to him, “speeds up development, instills confidence in the people, and attracts investments in an atmosphere of security.”
According to Modi, states with higher crime rates see a decline in investments and job prospects.
