India's GDP jumped to Rs 2.3 lakh crore, says PM Modi, explains Budget 2022 | Top points
India Today
Prime Minister Narendra Modi said India's GDP has jumped to Rs 2.3 lakh crore this year. He also explained various provisions of the Budget 2022 during his address to BJP workers on Wednesday. Read on to know what he said.
Prime Minister Narendra Modi called the Union Budget 2022 "progressive" on Wednesday and said the country's Gross Domestic Product (GDP) has increased by over Rs 1 lakh crore in seven or eight years.
PM Modi said, "The budget has been appreciated. Seven-eight years ago, India's GDP was Rs 1 lakh 10,000 crore. But today, it's about Rs 2 lakh 30,000 crore. Even the country's forex reserves have increased to $630 billion from $200 billion. All of this due to our government's effective policies."
"In 2013-14, India's exports were around Rs 2 lakh 50,000 crore. But today, the export is around 4 lakh 70,000 crore," PM Modi said.
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"Seven years ago, $275 billion [foreign exchange reserve] was reserved in India and today, the foreign exchange reserve is around $630 billion," PM Modi said.
"Even during these Covid times, India has managed to grab the attention of the world with its economic stability," PM Modi said.
PM Modi said this while addressing Bharatiya Janata Party (BJP) workers on Wednesday. He explained various provisions of the budget 2022 and urged them to inform about the same people across states.