Press Release by BJP National General Secretary Shri Tarun Chugh.

Press Release by BJP National General Secretary Shri Tarun Chugh

Tarun Chugh Thanks PM Modi for Landmark Cabinet Approvals

New Delhi: November 06, 2024 : BJP National General Secretary, Tarun Chugh, expressed his heartfelt gratitude to the Hon’ble Prime Minister, Shri Narendra Modi, for his unwavering dedication to India’s progress through two visionary decisions approved by the Cabinet today.

In a statement to the press, Chugh said, “These landmark approvals will create substantial, lasting impacts on our nation’s agricultural sector and education system, furthering India’s journey toward self-reliance and inclusive growth.”

The infusion of Rs. 10,700 crore in equity into the Food Corporation of India (FCI) is a transformative step toward strengthening the foundation of the agricultural sector.

Chugh stated, “FCI has played a pivotal role in ensuring food security and supporting our farmers through initiatives like Minimum Support Price (MSP)-based procurement, strategic food grain stock maintenance, and food distribution. This equity infusion will help FCI strengthen its financial capacity and reduce its borrowing burden, allowing for more efficient operations and lowering the subsidy requirements for the Government. This crucial decision reflects our beloved PM Modi’s enduring commitment to empowering our farmers, enhancing food security, and fortifying India’s agrarian economy.”

Chugh also commended the PM’s efforts in empowering youth through education, stating, “Equally commendable is the approval of the PM-Vidyalaxmi scheme, which opens new pathways for India’s youth to pursue higher education without financial constraints.” Elaborating on the scheme, Chugh explained that through its mission-mode approach, deserving students can access education loans with ease, security, and transparency. Covering admissions to 860 premier institutions across India and benefiting over 22 lakh students annually, PM-Vidyalaxmi offers a 75% credit guarantee on loans up to Rs. 7.5 lakhs, along with significant interest subventions. By reducing the financial hurdles for students from families with annual incomes up to Rs. 8 lakhs, this scheme affirms the Modi Government’s commitment to making quality education accessible to every aspiring Indian.

Chugh expressed happiness over these two cabinet approvals, noting that they signify the Government’s commitment to empowering farmers and uplifting youth, the bedrocks of a prosperous and strong nation.

Chugh further commended PM Modi’s far-sighted leadership and thanked him for continuously prioritizing the welfare of the people of India. Chugh lauded the PM’s unwavering dedication to “Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas,” which is paving the way for a stronger, self-reliant and Viksit Bharat.

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