Current Affairs

Major Announcements by Prime Minister Shri Narendra Modi During His I-Day Address

Major Announcements by Prime Minister Shri Narendra Modi During His I-Day Address

Recalling how attempts to set up semiconductor factories 50–60 years ago were “killed at birth” while other nations prospered, PM Modi announced that India is now on mission mode. By the end of this year, the nation will roll out its first Made in India chip.

Work is underway on 10 new nuclear reactors as part of India’s mission to increase nuclear power generation capacity by over ten times in the next two decades.

Next-generation GST reforms will be unveiled on Diwali, reducing taxes on essential goods and providing relief to MSMEs, local vendors, and consumers.

PM Modi announced the creation of a dedicated Reform Task Force to drive next-generation reforms. Its mandate: accelerate economic growth, cut red tape, modernise governance, and prepare Bharat for the demands of a $10 trillion economy by 2047.

PM Modi launched a major employment scheme worth ₹1 lakh crore, under which newly employed youth will receive ₹15,000 per month. The scheme aims to benefit 3 crore young Indians, strengthening the bridge from Swatantra Bharat to Samriddha Bharat.

PM Modi highlighted the dangers of demographic imbalance due to infiltration and illegal migration in border areas. He announced the launch of a High-Powered Demography Mission to address this national security challenge, ensuring the unity, integrity, and rights of India’s citizens are safeguarded.

PM Modi pointed out that a large share of India’s budget still goes toward importing petrol, diesel, and gas. He announced the launch of the National Deepwater Exploration Mission to tap ocean resources, alongside major expansions in solar, hydrogen, hydro and nuclear power.

PM Modi made a dramatic announcement that just like how we made vaccines during COVID, and UPI for digital payments, we should build our own jet engines too for our jet engines and asked our scientists and youth to take it up as a direct challenge.

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