Union Minister for Steel and Mines Narendra Singh Tomar said that the spiraling prices have not been controlled completely, but they have come down. Inflation has come down to 5 per cent, while earlier it was 10 per cent. Similarly, the GDP that was earlier only 5 per cent has reached 7.4 per cent.
While talking to media persons here on Monday, Tomar said that bringing black money from abroad is the responsibility of the Modi Government. For the purpose, SIT was constituted during first Cabinet meeting and the work is still on in this regard.
"In the past one year, people have started relying on the Government and India's relations with its neighbouring countries have improved," he added.
Talking about the three social security schemes, he said that Prime Minister Suraksha Beema Yojana, PM Jevan Jyoti Beema Yojana, Atal Pension Yojana have benefited more than 50 crore people in the unorganized sector in the country.
A total of 15.08 crore bank accounts have been opened in the country under the PM's Jan Dhan Yojana Scheme and among them people have deposited Rs15,000 crore. The work has started for constructing 8,000 km of roads at a speed of 11 km per day.
Referring to the mining sector, the Union Minister said that exploration of mining and research in steel are thrust areas of the Government.
He also mentioned that measures were taken for preventing illegal mining and fines were also prescribed for illegal mining activities. As per the directions of the Supreme Court of India, the coal mines were put on auction and the Government received an amount of more than Rs2 lakh crore.
Reiterating the commitment of the NDA Government for the welfare of the farmers, the Union Minister said that Rs 8,500 crore were allocated towards compensation to the farmers for loss of crops. The Government is committed to providing irrigation facilities to the fields and connecting the villages by constructing pucca roads under the PM's Gramin Sadak Yojana programme.
The Government has focused on the modernization of SAIl steel plants. SAIl has set 50 million tonnes as target at an expense of Rs1.5 lakh crore by 2025. The Make in India concept advocated by the Prime Minister is a value addition and creating more employment opportunities to the people. The Prime Minister, Narendra Modi's foreign visits helped in establishing good relationship with other countries, especially the neighbours.