BJP says Indian economy strong, highlights growth momentum and Mudra scheme’s impact on MSMEs

New Delhi: The BJP on Saturday said that India's economy remains strong and is progressing steadily, citing robust growth indicators and government initiatives like the MUDRA scheme.

BJP spokesperson Syed Zafar Islam stated that "High-frequency indicators highlight the resilience of the Indian economy, reflected in strong capital expenditure and sustained growth momentum. A close look at current data shows India is on the right path."

He also highlighted the success of the MUDRA scheme under the NDA government, noting international praise from institutions like the World Bank and IMF.


"The Mudra Yojana has greatly boosted the MSME sector - its contribution to the economy has risen from 15% in 2014 to 20% today. Importantly, 50% of Mudra loan accounts are held by SC, ST, and OBC entrepreneurs, empowering communities that were long marginalized," Islam said.