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Progressive Magazine

created Yesterday, 18:17 by MalaiLama03


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The Credit Guarantee Scheme for MSMEs and the establishment of e-commerce export hubs are promoting various industries. During this third term, the loan limit under the MUDRA scheme has been increased from 10 lakh rupees to 20 lakh rupees, benefiting crores of small entrepreneurs. My government has made credit access easier, thereby democratizing financial services. Today, products like loans, credit cards, and insurance are easily accessible to everyone. For decades, our brothers and sisters earning their livelihoods as street vendors remained excluded from the formal banking system. Today, they are benefiting from the PM Svanidhi Yojana, which allows them to access additional loans to expand their businesses based on their digital commerce more inclusive. Small businesses now have equal opportunities to grow in the online shopping ecosystem. My government, in the past ten years, has written new chapters of progress, one of which is the golden milestone of India's digital revolution. Today, India has emerged as a major global player in the field of digital technology. The launch of 5G services in India, alongside other leading nations, stands as a significant milestone in this journey.  
India's UPI technology has also impressed many developed countries. More than 50% of the world's real-time digital transactions now take place in India. My government has utilized digital technology as a tool for social justice and equality. Digital payments are no longer confined to select individuals or classes. Today, even the smallest shopkeepers in India benefit form this facility. Banking services and world class technology such as UPI are now accessible in villages as well. Over the last ten years, more than 5 lakh Common Service Centers have been established, providing citizens with access to dozens of government services online. To minimize government interference in people's daily lives, my government has emphasized e-governance. For instance, Digi Locker has enabled individuals to access and display their important documents anytime, anywhere. However, in an increasingly digital society, cybersecurity has become a crucial issue of national importance. Digital fraud, cybercrime, and emerging technologies like deep fakes pose challenges to our social, economic, and national security. My government has taken numerous measures to control these cyber threats, creating opportunities for employment in the filed of cybersecurity for the youth. The modern infrastructure of any country not only provides its citizens with a better quality of life and gives the nation a new identity but also instils a renewed sense of confidence in the country. Over the past decades, India has achieved several milestones in constructing world-class infrastructure.  

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