If you have also submitted an income tax return (ITR), you must be aware of this information. According to data from ITR filings, the average income has tripled over the past nine years, according to PM Modi. This demonstrates that several sectors have grown stronger and have more employment prospects. According to the PM, before 2014, there was a period of “corruption and scams” in the nation, during which the rights of the underprivileged were violated, as well as their property. However, today every dollar goes straight to their bank account.
13.5 crore individuals left the BPL category
While speaking via video link at the “Madhya Pradesh Employment Fair,” Prime Minister Modi expressed these remarks. According to PM Modi, who cited an NITI Aayog report, 13.50 crore Indians have left the BPL category in the past five years. Good news has begun to emerge already in the first year of “Amrit Kaal,” showing rising prosperity and declining poverty.
According to the PM, data from Income Tax Returns (ITR) shows that
Indians’ average yearly income has quadrupled over the past nine years, rising from Rs. 4 lakh to Rs. 13 lakh. People are switching from the low to the high-income category, he said. According to Modi, it is evident from the statistics that all industries are growing and that new job possibilities are being created.
He claimed that people’s confidence is rising
as the economy moved up to place 5 from position 10 in the rankings. They are paying their taxes with the expectation that every cent will go towards the nation’s progress. The nation’s economy rose to the fifth spot from the tenth spot globally in 2014. Prior to 2014, during the time of corruption and fraud, the rights and money of the poor were stolen even before it reached their bank accounts. Every single dime is now going directly into their accounts.
According to the prime minister, after 2014, five lakh new Common Service Centres were established in India, creating new jobs and putting many people to work. On this occasion, 5,580 newly appointed teachers received appointment letters.
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