New Delhi, February 5: Prime Minister Narendra Modi responded to the President’s address in the Rajya Sabha on Thursday. He stated that over ₹30 lakh crore in collateral-free loans have been made available to the youth of the country through the Mudra scheme. A significant portion of these loans has been taken by women. In addition to expanding women’s self-help groups, we have provided direct financial assistance to 10 crore women. Our MSME sector has also received loan support.
He confidently asserted that non-performing assets (NPAs), which were at their peak during the UPA government, have now reached their lowest levels. Currently, NPAs are below 1%, reflecting the strong position of our banks. Furthermore, bank profits have soared to record heights.
Modi emphasized that public sector enterprises, once deemed on the verge of closure by Congress, are now earning record profits. Their performance is boosting the ‘Make in India’ initiative and creating unprecedented levels of employment.
Targeting opposition parties, he remarked, “How long will you deceive the world? When you look in the mirror, where will you hide your truth?” He noted that Congress, TMC, DMK, and the Left have been in power at the center for decades and have had opportunities to govern in states, but their legacy is one of self-enrichment rather than improving citizens’ lives.
He added, “Today, when deals are discussed, we proudly say that in the past, discussions were about the Bofors deal.”
Modi mentioned that the government has ensured that young and talented officials are given three full years to contribute to regional development. The Bastar district in Chhattisgarh, once declared an aspirational district, is now in the spotlight for hosting the Bastar Olympics. For the first time, buses have reached some villages, indicating significant progress in connectivity and development. This example clearly demonstrates what real implementation can achieve in aspirational districts.
