PM's initiatives like Jan Dhan major economy booster: CG CM

Image
Press Trust of India Raipur
Last Updated : Jun 01 2016 | 6:57 PM IST
Prime Minister Narendra Modi's initiatives like Jan Dhan Yojana are major economy booster for the country, Chhattisgarh Chief Minister Raman Singh said today.
He congratulated the Prime Minister to help the country in attaining 7.6 per cent GDP growth in 2015-16, up from 7.2 per cent a year ago, as per a statement issued by the state government.
The Chief Minister said NDA government's step to increase state share of central taxes from 32 to 42 per cent has provided the extra fiscal space for the states to execute their own priority schemes.
He said that financial inclusion of economically weaker sections of the society through Pradhan Mantri Jan Dhan Yojana also played a vital role in the rise of the economy.
Singh said that launch of 'Make in India' initiatives accelerated the performance of manufacturing sector of the economy.
"The NDA government sought investment in several industries, including manufacturing, construction, telecommunications and financial services and invited industrialists from across the world to invest in India and make it a manufacturing hub, giving a boost to jobs and growth," he said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 01 2016 | 6:57 PM IST

Next Story