1.2 crore jobs created annually in various sectors: PM Modi

Prime Minister Narendra Modi has dismissed the opposition allegation of joblessness in the country saying that nearly 1.2 crore jobs have been created annually in different sectors including tourism, aviation and infrastructure development.

Mr Modi wondered how it is possible that jobs are not being created when FDI is at an all-time high, a large number of commercial vehicles have been sold, road, rail and housing construction and other infrastructure development works are on full swing and India is among the fastest growing economy. 

Prime Minister was speaking at the Rising India Summit in New Delhi last night. Mr Modi also wondered how it is possible without employment when several International reports have mentioned that poverty is declining at a faster pace in India.

Prime Minister however said, he is not satisfied with the current job



scenario in the country as there is a need to do a lot in this direction.

Mr Modi said that his government has brought the inflation rate under control which was high during the UPA regime. 

Prime Minister said the inflation rate is now in the range of 2 to 4 per cent. Mr Modi said it is the NDA government which has provided tax relief to the middle class on the income up to 5 lakh rupees. The Prime Minister said, India was one of the Fragile five nations in 2013 and now it has become the fastest growing large economy in the world.

Mr Modi attacked opposition for corruption and delay in completion of various development projects. Prime Minister said, now the scenario has changed and if one wants to indulge in scams, they cannot do so as the NDA regime has blocked all means of looting public money.