Press Trust of India

Extraordinary performance of Indian economy to continue: Prez Murmu

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New Delhi: President Droupadi Murmu on Thursday exuded confidence that the extraordinary performance of the Indian economy witnessed in recent years will continue in 2024 and beyond.

The Indian economy grew by 9.1 per cent in 2021-22 and 7.2 per cent in 2022-23. The economy is projected to record a growth of 7.3 per cent in the current financial year. India has remained the fastest-growing major economy in the world.

“India is moving ahead with confidence,” the President said in her address to the nation on the eve of the 75th Republic Day.

The country’s GDP growth rate, she said, “has remained highest among major economies in recent years, and we have all reasons to believe that this extraordinary performance will continue in the year 2024 and beyond”.

The President said particularly noteworthy is the far-sighted planning of the government that fuels the economy while giving a push to the welfare drive to make the development inclusive in every sense of the term.

She also said the government has increased the scope of welfare schemes to provide free food to the weaker sections of society during the pandemic days and continued the measures to extend a helping hand to the vulnerable population to come out of the crisis.

Expanding the scope of that initiative, the government has decided to provide free food grains to over 81 crore people for five years, she said, adding “this may be the biggest welfare initiative of its kind in history”.

The government, she said, has not only expanded and enhanced the welfare schemes, but it has redefined the idea of welfare itself.

“It will be a proud day for all of us when India becomes one of those few countries where homelessness is a rarity,” the President said.

Further, Murmu said the government has taken a number of mission mode schemes to increase the ease of living for all citizens.

Matters like the availability of safe and adequate drinking water at home are basic minimum requirements and not privileges, she said and added that these matters are beyond any political or economic ideology and must be seen from a humanitarian perspective.

She noted that the global community has appreciated India’s emphasis on individual behaviour change for dealing with the issues of climate change.

“India’s ancient wisdom can also help the world find a way out of the global environmental crisis. I am glad to see India at the forefront of promoting renewable sources of energy and taking a leadership position in global climate action. India has launched the ‘LiFE Movement’ for adoption of an environment-conscious lifestyle,” she said.

“The global community has appreciated our country’s emphasis on individual behaviour-change for dealing with the issues of climate change. People everywhere can and must contribute by bringing their lifestyle in tune with Mother Nature.

“That will not only help save the planet for the generations to come but will also enhance the quality of life,” the President added.

The President said that the new National Education Policy puts adequate emphasis on bridging the digital divide and creating a uniform educational structure for the benefit of the underprivileged students.

“The National Education Policy gives adequate thrust to bridge the digital divide and create a uniform educational structure for the benefit of the underprivileged students,” she said.

The NEP was announced in 2020, replacing the National Policy On Education which was adopted in 1986.

The new policy bats for the extension of the Right to Education (RTE) Act to all schools — from pre-school to standard 12 instead of Class 1-8. It redraws the schooling system on a 5+3+3+4 formula instead of the current 10+2 model.

Students in the age group of 3-8 years will be part of the foundation stage, 8-11 age group will be part of the preparatory schooling, 11-14 years for middle school and 14-18 for secondary level.

Press Trust of India

Press Trust of India is lead news agency of India

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