Key Points

Defence Minister Rajnath Singh really praised the Jain community's amazing economic impact at the JITO Connect event. He pointed out how this small community contributes nearly a quarter of India's total tax collection. Singh also highlighted India's progress in defence manufacturing under PM Modi's leadership. The event featured major business exhibitions and was attended by several prominent ministers and leaders.

Key Points: Rajnath Singh Praises Jain Community Tax Contribution at JITO

  • Jain community contributes 24% of India's total tax despite being 0.5% population
  • Defence Minister credits Modi leadership for unprecedented economic accomplishments
  • India progressing toward becoming world's third-largest manufacturing hub
  • Indigenous defence equipment like Tejas aircraft strengthening military exports
2 min read

Defence Minister Rajnath Singh lauds Jain community's contribution to entrepreneurship

Defence Minister highlights Jain community's 24% tax share despite 0.5% population, credits Modi leadership for economic growth and defence manufacturing achievements.

"The day is not far when India will emerge as the 'Factory of the World' - Rajnath Singh"

Hyderabad, Oct 3

Defence Minister Rajnath Singh on Friday lauded the contribution of the Jain community in nation-building, entrepreneurship and philanthropy.

Addressing Jain International Trade Organisation (JITO) Connect 2025, he noted that the share of the Jain community in India's total population is less than 0.5 percent, but their contribution to the country's total tax collection is approximately 24 percent.

Rajnath Singh stated that while strengthening India's cultural and spiritual heritage, the Jain community is also making a significant contribution to economic progress. He pointed out that under the strong leadership of Prime Minister Narendra Modi, India was moving towards becoming the world's third-largest economy.

“Be it the social or economic sector, we have achieved unprecedented accomplishments in every direction. The lives of our citizens have improved, and today they are getting new opportunities,” he said.

The Defence Minister also noted that India is rapidly progressing towards becoming the manufacturing hub for the world. “The day is not far when India will emerge as the ‘Factory of the World’. Initiatives like ‘Make in India’ have not only strengthened local businesses but also given Indian products global recognition,” he said.

“Whether it is the Tejas fighter aircraft, Akash missile, Arjun tank, or Prachand helicopter — our armed forces' strength is continuously increasing through indigenous technology. India is no longer just meeting its own defence needs, but is also setting new milestones in defence exports. Today, India is emerging as a rising arms supplier in the world,” he added.

Union Minister for Coal and Mines G. Kishan Reddy, yoga guru Baba Ramdev, Telangana’s IT and Industry Minister G. Sridhar Babu and others attended the inaugural session of the three-day exhibition of networking, knowledge and entertainment.

With over 600 stalls and six grand arenas, the exhibition features Build Mart, Business Bay, Property Pavilion, Bridal Story, Lifestyle Lane, and AI & Startup Arena, making it a one-stop hub for business, innovation, fashion, lifestyle, and future technologies.

- IANS

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Reader Comments

A
Arjun K
While I appreciate the Jain community's contributions, I wish our leaders would celebrate all communities equally. Every Indian community has made significant contributions to nation-building in their own way.
R
Rohit P
The statistics are mind-blowing! Less than 0.5% population contributing 24% to tax collection shows incredible entrepreneurial spirit. This is what makes India great - diversity in unity! 🇮🇳
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Sarah B
As someone working in the startup ecosystem, I'm particularly excited about the AI & Startup Arena at JITO Connect. Such platforms are crucial for fostering innovation and entrepreneurship across India.
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Vikram M
The focus on indigenous defence manufacturing is the real highlight for me. Tejas, Akash, Arjun - these are symbols of our growing self-reliance. Make in India is working! 💪
M
Michael C
It's impressive how India is balancing cultural heritage with economic progress. The Jain community's emphasis on ethical business practices is something that can guide our entire business ecosystem.

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