NEW DELHI: Prime Minister Narendra Modi said that eight crore new jobs have been created in India over the past three to four years, according to a recent report by the Reserve Bank of India (RBI).

The PM said this while speaking at an event in Mumbai’s Goregaon suburb, where he inaugurated and laid the foundation stone for Rs 29,000 crore worth of projects in the road, railway, and port sectors.

PM Modi said that the RBI’s employment report counters the opposition’s claims of widespread unemployment. “The RBI recently published a detailed report on employment. As per the report, around eight crore new jobs were created in the last three-four years. This figure has silenced those spreading fake narratives on jobs,” he said.

The Prime Minister highlighted the positive response from investors, saying that both small and big investors have welcomed the NDA government’s third term with enthusiasm. “People are aware that only the National Democratic Alliance government can provide stability,” he said.

PM Modi also spoke on the importance of skill development and employment, affirming the government’s commitment to these areas. “Skill development and employment are needed in the country and our government is working in this direction,” he said.

He outlined the benefits of upcoming infrastructure projects in Mumbai, which aim to boost connectivity and ensure better facilities and safety for women.

PM Modi noted the rapid expansion of the metro rail network in Mumbai, which has grown from 8 kilometers ten years ago to 80 kilometers now, with ongoing work on an additional 200 kilometers.

The Prime Minister cited the Goregaon-Mulund Link Road as an example of balancing nature conservation with development and mentioned the twin tunnels connecting Thane and Borivali, which will significantly reduce travel time.

He also highlighted the transformation of the railways, mentioning the redevelopment of Chhatrapati Shivaji Maharaj Terminus and Ajni-Nagpur, and the inauguration of new platforms at CSMT and Lokmanya Tilak Terminus.

The Centre’s approval of the Rs 76,000 crore Vadhavan port in Dahanu, Palghar, which is expected to generate 10 lakh jobs, was also announced. Modi emphasized Maharashtra’s crucial role in India’s development due to its strengths in industry, agriculture, and finance.

“My aim is to make Maharashtra the world’s big financial powerhouse and to make Mumbai a global fintech capital,” he said. PM Modi concluded by announcing the completion of the Coastal Road and Atal Setu, highlighting the benefits of the Atal Setu sea bridge in reducing travel time and fuel costs.