Key Points
Prime Minister Narendra Modi reaffirmed his government's commitment to economic reforms aimed at boosting growth, stating the efforts arise from a deep conviction, not compulsion..
On the 78th Independence Day, Modi highlighted reforms in various sectors, including banking and manufacturing, and stresed on the goal of transforming India into a developed nation by 2047...
Addressing the nation from the Red Fort on Independence Day, Modi spoke of the transformation in the banking sector, which has facilitated easy credit access for entrepreneurs and businesses, as well as skill development initiatives that have shifted India from being a mobile phone importer to an exporter..
"This has helped a wide range of people - from animal keepers to roadside vendors, to small and medium businesses and entrepreneurs," he said.. Modi expressed that the end of the 'mai-baap' culture, wherein the government acted as a master over the citizens, has empowered the Indian populace...
Reflecting on his government's achievements, Modi said, "per capita income has doubled, India's share in global growth increased, the number of airports has risen, foreign exchange reserves have doubled, and confidence of global institutions in the country has increased."..
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