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Pradhan Mantri Viksit Bharat Rozgar Yojana, Giving Wings to Yuva Shakti
The Free Press Journal - Indore
|September 06, 2025
India's growth story has always been written by its Shram Shakti—the millions of workers whose dedication and productivity have powered the nation's economy.
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The trajectory of India's economic progress has seen a remarkable arc over the past 11 years, under the leadership of Prime Minister Shri Narendra Modi.
From being the world's 10th largest economy in 2014, India today stands as the fourth largest economy globally.
Bharat has carved out an enviable niche for itself in the global arena, and the strength of its human resource has had no small role to play in this journey.
Fueling this success story is the fact India's economic growth has been accompanied by an unprecedented expansion of employment.
According to RBI-KLEMS, while only 2.9 crore jobs were created between 2004-2014, over 17 crore jobs were created in the decade that followed.
Formalization has also accelerated, with EPFO data attesting to nearly eight crore jobs added in just the last seven years.
The real transformation, however, has been in social security coverage.
In 2015, only 19% of Indians were covered under at least one social protection scheme.
By 2025, that number has surged to 64.3%, reaching 94 crore beneficiaries, making India the second-largest social security system in the world.
The International Labour Organization has acknowledged this achievement as one of the fastest expansions of coverage globally.
As we look ahead, it is clear that the future of the nation will be decided not only by the pace of GDP growth but also by the quality of jobs we create, the security we extend to workers, and the opportunities we provide to our youth.
Against a global backdrop of rising automation, uncertainties induced by Artificial Intelligence, supply-chain shifts and a host of other vulnerabilities shaping jobs worldwide, India stands at a demographic inflection point.
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