Will India Continue to Scale New Heights of Progress?

Synopsis
Key Takeaways
- Ambitious Vision: PM Modi outlined a transformative agenda for India's future.
- Technological Innovations: Plans to manufacture India's first semiconductor chip and indigenous jet engines.
- Nuclear Energy Expansion: Aiming for a tenfold increase in nuclear power capacity by 2047.
- Youth Employment: Introduction of the PM Viksit Bharat Rozgar Yojana for youth support.
- GST Reforms: Promising lower taxes on essentials and relief for small businesses.
New Delhi, Aug 15 (NationPress) Prime Minister Narendra Modi, following his address to the nation from the historic Red Fort on Friday, provided a glimpse into the Independence Day festivities at the renowned fort and expressed his hope for India to reach new heights of progress.
“May India continue to scale new heights of progress!” he shared on his X handle.
This occasion is a significant moment to honor our freedom fighters and to reaffirm our commitment to constructing a more robust and self-reliant India.
In his address, PM Modi laid out an ambitious vision for India’s transformation, integrating technological innovation with economic strength.
From the production of India's first semiconductor chip to the creation of homegrown jet engines, and from a tenfold expansion of Nuclear energy to a Rs one lakh crore initiative for youth employment, the announcements showcased a government poised to leap into the future.
Reflecting on past setbacks from fifty years ago, the PM declared that India’s inaugural 'Made in India' semiconductor chip is set to launch by the end of the year, marking the country’s entry into a strategic sector dominated by international leaders.
Ten new Nuclear reactors are currently being constructed as part of a strategy to increase Nuclear power capacity over tenfold by 2047, enhancing energy security and minimizing reliance on fossil fuels, he stated.
Referring to it as a 'Diwali gift', PM Modi revealed next-generation GST reforms, which promise lower taxes on essential goods and relief for MSMEs, street vendors, and consumers ahead of the upcoming Diwali.
He introduced the new PM Viksit Bharat Rozgar Yojana, which will provide Rs 15,000 as monthly support to newly-employed youth, aiming to assist three crore beneficiaries and fortifying the transition from Swatantra Bharat to Samriddha Bharat. A specialized task force will expedite reforms, minimize bureaucracy, and prepare the economy for a $10 trillion status by 2047.
PM Modi delivered his longest-ever Independence Day address—also the longest by any Prime Minister—from the Red Fort, speaking for 103 minutes. He commenced his address at 7:33 a.m. and concluded at 9:16 a.m., surpassing his previous record of 98 minutes in 2024.
Furthermore, PM Modi has now surpassed Indira Gandhi’s record by delivering 12 consecutive Independence Day speeches from the fort, ranking just behind Jawaharlal Nehru, who addressed the nation 17 times consecutively.