Prime Minister Narendra Modi delivered a rousing speech from the Red Fort on India’s 79th Independence Day and he outlined the government’s ambitious plans to build a ‘Naya Bharat’ and highlighted eight major initiatives. These announcements ranged from boosting employment to launching India’s first homegrown jet engines also his speech reflected India’s vision for economic growth, energy independence, and technological self-reliance by 2047.
Semiconductors: A Mission Mode Push
PM Modi recalled attempts to set up semiconductor factories 50–60 years ago that were “killed at birth” while other nations prospered. He announced that India is now in mission mode. By the end of 2025, the nation will roll out its first Made-in-India chip and this initiative aims to strengthen India’s technological independence and compete globally.
Nuclear Energy Capacity to Grow Tenfold
The Prime Minister announced plans to build 10 new nuclear reactors. India aims to increase its nuclear power generation capacity by over ten times in the next two decades whereas this move will support sustainable energy goals and reduce dependence on fossil fuels.
Next-Generation GST Reforms
PM Modi revealed that the next-generation GST reforms will be unveiled by Diwali. These reforms will lower taxes on essential goods while they also aim to provide relief to MSMEs, local vendors, and consumers.
Reform Task Force for a $10 Trillion Bharat
The Prime Minister announced the creation of a dedicated Reform Task Force. Its goal is to accelerate economic growth, cut red tape, modernize governance, and prepare India for a $10 trillion economy by 2047. The task force will drive policy changes to support long-term development.
Rs 1 Lakh Crore PM Viksit Bharat Rozgar Yojana
PM Modi launched a major employment scheme worth Rs 1 lakh crore, under this scheme, newly employed youth will receive Rs 15,000 per month. The scheme aims to benefit 3 crore young Indians, connecting the nation from Swatantra Bharat to Samriddha Bharat.
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High-Powered Demography Mission
PM Modi highlighted the dangers of demographic imbalance due to infiltration and illegal migration in border areas and he announced the launch of a High-Powered Demography Mission. This initiative will safeguard national security, ensure unity, and protect the rights of India’s citizens.
Energy Independence – Samudra Manthan Begins
The Prime Minister pointed out that a large share of India’s budget goes toward importing petrol, diesel, and gas. He announced the National Deepwater Exploration Mission to tap ocean resources. The initiative also includes expansions in solar, hydrogen, hydro, and nuclear energy.
Made-in-India Jet Engines
PM Modi challenged Indian scientists and youth to build homegrown jet engines. He compared this initiative to India’s COVID vaccines and UPI system while the project emphasizes technological self-reliance and strategic strength.
