Bhagalpur entrepreneur credits Modi govt's welfare schemes for business growth
Bhagalpur, May 26
A businessman in Bihar's Bhagalpur has credited the Central government's welfare schemes, such as the PM Mudra Yojana and Prime Minister's Employment Generation Programme, for helping him establish and expand his enterprise, saying the initiatives have significantly improved both his livelihood and local employment generation.
Rajeev Pradeep, who runs a concrete products manufacturing unit in Bhagalpur, said he first availed a loan of Rs 5 lakh under the PM Mudra Yojana in 2021. Encouraged by the growth of his business, he later secured a Rs 30 lakh loan under PMEGP in 2024.
With financial assistance through these schemes, he launched a business manufacturing pavers, chequered tiles and RCC benches. According to him, the support transformed his business and improved his economic condition substantially.
Expressing happiness over Prime Minister Narendra Modi completing 12 years in office, Rajeev said he feels optimistic about the future and believes Bhagalpur has witnessed visible progress over the years.
"In the beginning, we took advantage of Prime Minister Narendra Modi's Mudra Yojana. The work improved, and later, through PMEGP, we received a substantial loan. Today, we are in a strong position and doing good work. Many workers are associated with me, and they are also benefiting through these schemes," he said.
He added that workers employed at his unit have also benefited from welfare initiatives, including the Ujjwala Yojana.
Rajeev further praised the government's direct benefit transfer system, saying it ensured benefits reached people directly in their bank accounts without discrimination or delays.
"Now there is no role for middlemen. The money comes directly into our accounts. This efficiency of the Modi government deserves appreciation," he said.
Speaking about development in Bhagalpur, he pointed to several infrastructure projects underway in the region.
"Bhagalpur is changing rapidly, and there is much more to come. We now have a four-lane road, work is progressing on a marine drive, airport-related projects are moving ahead, Greenfield Road construction is underway, and infrastructure development is happening at a fast pace. The Ganga bridge work is also progressing quickly," he said.
Rajeev also wished Prime Minister Modi a long and healthy life and expressed hope that he would continue serving the country with the same dedication in the years ahead.
— IANS
Reader Comments
Finally some positive news from Bihar! 🎉 The direct benefit transfer system has indeed reduced corruption. My uncle in Patna also got his PM Kisan Samman Nidhi directly in his account without any bribe. Still, we need more manufacturing units like this to create jobs for the youth.
While I'm happy for this entrepreneur, let's not forget that one success story doesn't mean everything is perfect. Many small businesses in Bhagalpur still struggle with red tape and delayed loans. The infrastructure improvements are good - the four-lane road and marine drive are welcome - but sustained growth requires more than just schemes.
Interesting to see direct benefit transfers working effectively in India. Coming from a Western country, I've always been curious about India's welfare schemes. It looks like PM Mudra Yojana is empowering local entrepreneurs. Does anyone know if there are similar programs for women entrepreneurs specifically?
Great to see Bhagalpur developing! The Ganga bridge and marine drive will definitely boost tourism and trade. But we need to question - are these schemes creating long-term sustainable jobs or just short-term relief? Hope the government focuses on skill development alongside financial aid. 🤔
This is the kind of news we need more of - actual stories of people's lives improving. The middlemen removal is a game changer. Earlier, loans meant bribes and delays. Now money reaches directly. If every district in Bihar can produce entrepreneurs like this, our state will truly progress. Jai Bihar! 🙏
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