Budget 2018: Elections or not, my mantra is development, says Narendra Modi
On the criticism related to demonetisation and GST, Modi said his government's achievements were much beyond these two reforms BUDGET NEWS : Countering the allegation that his government had reneged on the promise of creating 10 million jobs a year, Prime Minister Narendra Modi quoted a recent study showing seven million jobs had been created in the formal sector alone in the current financial year. “This data of seven million jobs is not like building castles in the air. It has been calculated by an independent agency on the basis of EPFO (Employees’ Provident Fund Organisation) figures,” Modi said in a television interview, days before leaving for Davos to attend the World Economic Forum meet. One should also count the opportunities that were being created in the informal sector, he added. “As many as 100 million people have taken loans from the Prime Minister Mudra Yojana without any bank guarantee. Loans to the tune of Rs 4 trillion have been disburs...