Moving away from the ‘Reaction Based Approach’ of the past, the “New India” is advancing with new policies and plans, and PM’s administration is taking a proactive stance in terms of technology and infrastructure. Modi claimed that the ‘Mudra’ lending program for small and micro businesses has generated more than 8 crore new entrepreneurs and that the government’s policies and tactics have opened doors to new opportunities speaking at the “Employment Fair”.

Recently, Chidambaram questioned the “Mudra” program and pondered what kinds of enterprises could be launched with a loan of ₹50,000. According to Modi, loans of ₹23 Lakh Crore have been provided under the program, with 70% of the recipients being women. The grassroots economy benefits greatly from ‘Micro Financing’.

This Mudra Scheme has produced 8 Crores, of new business owners. These are the persons who used the Mudra Yojana to launch their businesses for the first time. Candidates were issued appointment letters under the program for 71,506 open positions in various ministries and departments. In order to emphasize the magnitude of change since he took office in 2014, Modi mentioned a number of development statistics. He said that just 20,000 km of rail line had been electrified in the seven decades leading up to 2014, but that number has increased to 40,000 km in the previous nine years. He stated that while 6 Lakh km of ‘Optical Fiber’ have been installed in the countryside, the length of rural roads has increased from four lakh km in 2014 to 7.25 Lakh km.

The number of airports in the nation has increased from 74 to 148. The Central Government has quadrupled its capital spending over the past nine years, which has expanded both employment possibilities and overall income for the populace. The ‘Self-Reliant India Campaign’ aims to generate millions of new jobs in India, from rural areas to urban centers. India has the world’s fastest-growing economy, according to the prime minister. Despite the fact that the Covid epidemic has caused a global recession and that the economies of the majority of nations are steadily declining, India is seen as a bright light by the rest of the globe today. The new India of today is following the new policy and strategy, which has opened doors of new opportunities and possibilities in the nation. A vast number of things, including roads, trains, and ports, are developed on a massive scale when the government invests in capital expenditures, according to PM Modi, who described investment in basic infrastructure as another part of generating job possibilities.