Neo middle class infusing new energy in India’s growth journey: Murmu

New Delhi, Jan 31 (UNI) Initiatives like the Swachh Bharat Abhiyan, Pradhan Mantri Ujjwala Yojana, and Jal Jeevan Mission have helped 25 crore people overcome poverty and created a “Neo Middle Class” which is infusing new energy into India’s growth journey, President Droupadi Murmu said on Friday.

“The economic progress of a nation like India is defined by the aspirations of the middle class and the fulfilment of those aspirations. The bigger the dreams of the middle class are, the higher the nation soars. It is my government that has, for the first time, openly acknowledged and appreciated the contributions of the middle class on every occasion,” Murmu said while addressing the joint session of the Parliament here.

The president said the government employees are also significant representatives of the middle class.

“Recently, my government decided to constitute the Eighth Pay Commission for the welfare of government employees. This decision will lay the foundation for substantial salary increases for government employees in the coming years,” she said.

Murmu said the Central government has decided to provide 50% assured pension to lakhs of employees under the Unified Pension Scheme, which has been widely welcomed.

“My government is equally committed to fulfilling the middle class’s dream of owning a home. Laws like RERA have been introduced to safeguard their dreams. Subsidies on home loans are being provided,” Murmu said.

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