ADVERTISEMENT
India’s Manufacturing Mission will not only support millions of MSMEs (micro, small and medium enterprises) and small entrepreneurs across the country, but will also open up new employment opportunities nationwide, Prime Minister Narendra Modi said while addressing the Rozgar Mela virtually on Saturday.
“The Manufacturing Mission announced in this budget, aims at promoting the 'Make in India' initiative and providing India's youth with opportunities to create globally standardized products. This initiative will not only support millions of MSMEs and small entrepreneurs across the country but will also open up new employment opportunities nationwide,” remarked the Prime Minister, adding that this is an unprecedented time of opportunities for India's youth.
The Prime Minister pointed out that in recent times, the automobile and footwear industries have achieved new records in production and exports, creating substantial employment opportunities for the youth. He also highlighted that, for the first time, products from Khadi and Village Industries have surpassed a turnover of ₹1.70 lakh crore, generating millions of new jobs, especially in rural areas. He remarked on the recent achievement in Inland Water Transport, noting that before 2014, only 18 million tons of cargo were moved annually through Inland Water Transport. This year, cargo movement has exceeded 145 million tons.
The Prime Minister highlighted that the number of National Waterways in the country has increased from just 5 to over 110 and the operational length of these waterways has grown from approximately 2,700 kilometres to nearly 5,000 kilometres. He stressed that these achievements are creating new opportunities for the youth across the nation.
The Prime Minister distributed more than 51,000 appointment letters to newly appointed youth in various Government departments and organisations via videoconferencing today.
“The foundation of any nation's progress and success lies in its youth, when the youth actively participate in nation-building, the nation experiences rapid development and establishes its identity on the global stage,” said PM Modi. “India's youth are showcasing their immense potential to the world through their hard work and innovation,” he further highlighted, stating that the government is ensuring, at every step, that employment and self-employment opportunities for the country's youth continue to grow.
PM Modi pointed out that initiatives like Skill India, Startup India, and Digital India are creating new opportunities for the youth. Through these campaigns, the government is providing an open platform for India's youth to showcase their talents. PM Modi noted that as a result of these efforts, in this decade, India's youth have propelled the nation to the forefront in the fields of technology, data, and innovation. He highlighted the success of digital platforms like UPI, ONDC, and GeM (Government e-Marketplace), which demonstrate how the youth are leading transformative changes in the digital economy. He further remarked that India now leads the world in real-time digital transactions, and a significant share of this achievement is credited to the youth.
Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.