India’s GDP jumped to Rs 2.3 lakh crore, says PM Modi, explains Budget 2022

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Desk,02-Feb; Prime Minister Narendra Modi called the Union Budget 2022 “progressive” on Wednesday and said the country’s Gross Domestic Product (GDP) has increased by over Rs 1 lakh crore in seven or eight years.PM Modi said, “The budget has been appreciated. Seven-eight years ago, India’s GDP was Rs 1 lakh 10,000 crore. But today, it’s about Rs 2 lakh 30,000 crore. Even the country’s forex reserves have increased to $630 billion from $200 billion. All of this due to our government’s effective policies.””In 2013-14, India’s exports were around Rs 2 lakh 50,000 crore. But today, the export is around 4 lakh 70,000 crore,” PM Modi said.”Seven years ago, $275 billion [foreign exchange reserve] was reserved in India and today, the foreign exchange reserve is around $630 billion,” PM Modi said.”Even during these Covid times, India has managed to grab the attention of the world with its economic stability,” PM Modi said.PM Modi said this while addressing Bharatiya Janata Party (BJP) workers on Wednesday. He explained various provisions of the budget 2022 and urged them to inform about the same people across states.He said the budget focuses on providing necessities to the needy, middle class and the youth. Here are some top points from his speech:PM Modi said, “Around 9 crore rural houses have been provided tap water and more than 5 crore rural houses were given water connection in 2 years under this scheme [Jal Jeevan Mission].””This year, approximately 4 crore rural houses will have access to pipe water connection…which will help farmers with irrigation and farming,” PM Modi said.In this year’s budget, the government has proposed to make 80 lakh pucca houses for the needy. For this project, Rs 48,000 crore will be spent. “[In the past], the government has made many women the owners of the house,” PM Modi said.PM Modi said border villages act as “forts” for the country. He said the government has a holistic approach for development in these villages. He mentioned the “vibrant village programme” which is expected to help it accomplish this aim.”In the budget, a ‘vibrant village programme’ has been mentioned. Border villages can become tourist places…and we can introduce homestay networks in such areas [in Uttarakhand, Arunachal Pradesh and Ladakh]. These villages can also become an attraction for nature lovers. This programme will help these villages,” PM Modi said.PM Modi said NCC Centres will be brought in at schools situated at the border