The Bharatiya Janata Party (BJP) announced its ambitious manifesto titled 'Modi ki Guarantee 2024,' outlining a vision to elevate Bharat to the status of the world's third-largest economic powerhouse.
Released on Sunday, the manifesto highlights party's commitment to sustaining economic growth, fostering job creation, and strengthening infrastructure development.
Read the highlights of BJP manifesto: BJP's 2024 manifesto: Key highlights of party's 'Sankalp Patra' (newsarenaindia.com)
Central to the BJP's agenda is a pledge to prioritize investment in infrastructure to catalyze employment growth. Emphasizing the success of previous infrastructure initiatives in generating job opportunities, the manifesto vows to further expand employment prospects in manufacturing and tourism sectors.
Highlighting its commitment to fiscal prudence and economic reforms, the manifesto articulates a roadmap for India's ascension to global economic prominence. It pledges to implement a "next generation of reforms" aimed at propelling India to become the third-largest economy globally.
The manifesto lays out a comprehensive strategy to achieve this goal, including initiatives to enhance the startup ecosystem in tier-2 and tier-3 cities, modernize transportation networks, and develop cutting-edge technology infrastructure such as EV charging stations and advanced telecom networks.
The BJP reaffirms its dedication to fiscal discipline, citing achievements such as low inflation, high growth, and prudent fiscal management over the past decade.
It sets ambitious targets for fiscal deficit reduction, aiming to bring it down to 4.5 percent of GDP by FY26.
In the realm of manufacturing, the manifesto pledges to build upon the success of initiatives like the Production Linked Incentive (PLI) scheme and Make in India. The party vows to streamline regulatory processes, invest in infrastructure, and promote research and development to transform India into a global manufacturing hub.
Key focus areas for manufacturing growth include defense, rail, automobile, aviation, semiconductor and chip manufacturing, and shipbuilding.
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