Automobile, pharma, tourism sectors expected to grow at rapid pace: PM Modi PTI Updated: August 28th, 2023, 12:22 IST in Business , National 0 Pic – IANS Share on Facebook Share on Twitter Share on WhatsApp Share on Linkedin New Delhi : Prime Minister Narendra Modi Monday said the Indian economy was on the path of rapid growth which had led to creating big opportunities for employment of the youth. Addressing a Rozgar Mela where he distributed over 51,000 appointment letters to the youth, mostly in the security forces, the prime minister said automobile, pharma, tourism and food processing sectors were expected to grow at a rapid pace and open up employment opportunities for the youth. He said the tourism sector alone was expected to contribute Rs 20 lakh crore to the economy by 2030 and had the potential to create 13-14 crore new jobs.
The prime minister said India was set to emerge among the top three economies in the world in this decade and bring benefits to the common man. “Every sector has to develop. From food to pharmaceuticals, from space to startups.
When every sector will progress the economy will grow,” he said. Citing the example of the pharmaceutical industry, the prime minister said the sector worth Rs four lakh crore at present is expected to grow to Rs 10 lakh crore by 2030. “What does it mean? It means that in this decade the pharma industry will need a lot of youth.
There will be opportunities for employment,” Modi said. He said the automobile sector too was on the growth path and would require youth power to propel it. “There will be immense employment opportunities,” the prime minister said.
Citing the example of Uttar Pradesh, he said good governance in the state has led to establishment of the rule of law, which has in turn brought in a lot of investments. “In an atmosphere of security, the establishment of the rule of the law speeds up development, instills confidence in the people and brings in investments,” he said. However, the states with rising crime rates witness fewer investments and shrinking employment opportunities, Modi said.
PTI Tags: Automobile Narendra Modi pharma tourism Share Tweet Send Share Suggest A Correction Enter your email to get our daily news in your inbox. Leave this field empty if you’re human: Related Posts PM Gati Shakti: 100 infra projects worth Rs 5. 89 lakh crore recommended for approval so far this fiscal August 28, 2023 ‘Not Entitled’: Centre opposes Bihar caste-based survey in Supreme Court August 28, 2023 Article 370: Centre tells SC J&K Constitution subordinate to Indian Constitution August 28, 2023 No law gives right to husband to beat, torture wife: Delhi High Court August 28, 2023 CBI books ED assistant director in Rs 5 crore bribery ring related to Delhi excise policy case August 28, 2023 Putin conveys to PM Modi his inability to attend G20, says Russia will be represented by FM Sergey Lavrov August 28, 2023 Leave a Reply Cancel reply Your email address will not be published.
Required fields are marked * Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ.
From: orissapost
URL: https://www.orissapost.com/automobile-pharma-tourism-sectors-expected-to-grow-at-rapid-pace-pm-modi/
