Defense Minister Rajnath Singh said on Saturday that today a big ecosystem of startups has been created in India. With 90,000 startups and 105 unicorn companies, India has become a startup hub. He said that today record breaking foreign investment is happening in India. Apple’s new factory is coming up in Karnataka. Earlier Apple used to do this work in China, now it will do it in India.
There is no need to explain the situation of Pakistan-Sri Lanka.
Addressing a program at Colvin College Ground in Lucknow, Defense Minister Singh said that there is no need to tell what kind of crisis both Pakistan and Sri Lanka are facing. Nowadays even in Pakistan such talk has started that we too should have a Prime Minister like Modi. The result of the reforms done by our Prime Minister Modi to strengthen the banking system is that today people’s trust in the banking system is stronger than before. The result of reforming banking is that where the banks of the developed countries of America and Europe are faltering, the banks of India are very strong.
Read this also- Ministry of Home Affairs has asked for a report from the Government of Bengal, know what are the cases?
Indians’ income doubled
The Defense Minister said that there was a time when loans worth crores were given to people just by making a phone call. Later it became difficult to recover those loans. Modi has stopped that kind of ‘phone banking’. He said that the economy of any country depends on how the peace system is there and how strong is the banking system there. For the strength of the country’s economy, a good banking system is its backbone.
Data related to India’s per capita income has been released, which shows that the average income of Indians has almost doubled from 2014-15 to 2022-23. In the year 2014-15, the average annual income of a common Indian was Rs 86,647, which has increased to Rs 01.72 lakh annually in 2022-23.
