India among fastest-growing economies due to Centre's pro-active interventions

In her address to the nation on the eve of the 74th Republic Day, the President said India became the fifth largest economy in the world last year and the achievement came amid high global economic uncertainties.The President said that in the country's mission 'Sarvodaya' (the upliftment of all), the most encouraging has been the progress made on the economic front." The President said that by implementing the Pradhan Mantri Garib Kalyan Anna Yojana announced in March 2020, the government ensured food security for poor families at a time when the country was facing economic disruption in the wake of the unprecedented outbreak of COVID-19.Keeping the welfare of poor families paramount, the duration of this scheme was extended successively, benefiting about 81 crore fellow citizens.

Noting that India has been among the fastest-growing major economies, President Droupadi Murmu has said most sectors of the economy have shaken off the pandemic effect and this has been possible due to "timely and pro-active interventions from the government".Most sectors of the economy have shaken off the pandemic effect.