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πŸ“° News ⏱ 2 min
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Key Points

5 points
1

Inclusive policies help both cities and villages.

2

Direct benefit transfers deliver subsidies straight to bank accounts.

3

Self‑help groups empower women and create jobs.

4

Collaboration with institutions like University of Delhi and London School of Economics boosts research.

5

Vision: a developed India by 2047 with everyone working together.

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Summary

He emphasized financial inclusion through the Jan Dhan‑Aadhaar‑Mobile system, direct benefit transfers and the Goods and Services Tax.

He noted the growth of bank accounts to 590 million and GST registrations to 16.5 million.

He praised the rise of self‑help groups and women entrepreneurs, citing 9.2 million groups and 34.6 million “Lakhpati” women.

He highlighted that over 250 million Indians have escaped extreme poverty and called for continued collaboration with universities for research and innovation.

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New Words to Learn

10 words
Vice‑President
the second‑most important leader in the country
policy
a plan or rule that helps guide decisions
inclusive
including everyone, not leaving anyone out
resilience
being strong and able to bounce back after problems
economic
related to money, jobs, and how things are bought and sold
empowerment
giving people the power to do things for themselves
entrepreneur
someone who starts their own small business
poverty
when people do not have enough money for basic needs
Goods and Services Tax
a tax added to most things people buy, to help the government pay for services
Jan Dhan‑Aadhaar‑Mobile
a program that gives every person a bank account, a personal ID, and a mobile phone number so money can reach them directly
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