15 August,2025 12:32 PM IST | New Delhi | mid-day online correspondent
Prime Minister Narendra Modi talks about the major reforms and developments ahead of 79th Independence Day celebration at Red Fort Pic/ PTI
In his 12th Independence Day address, Prime Minister Narendra Modi announced a series of transformative initiatives, signalling India's readiness to accelerate its journey toward a prosperous future, reported ANI.
PM Modi outlined landmark plans, including the launch of India's first semiconductor chip, indigenous jet engine development, a Rs 1 lakh crore youth employment programme, and a target to expand the nation's nuclear energy capacity tenfold. He reaffirmed his vision of building a "Naya Bharat" and set the ambitious goal of making India a fully developed nation by 2047, touching upon technology, economy, energy, and national security, reported ANI.
Recalling how efforts to set up semiconductor plants 50-60 years ago were "killed at birth" while other nations surged ahead, PM Modi declared India is now in mission mode. By year-end, the nation will produce its first Made in India chip, reported ANI.
India is developing 10 new nuclear reactors as part of a long-term plan to increase nuclear power generation capacity more than tenfold in the next two decades.
On Diwali, the government will roll out next-generation GST reforms aimed at lowering taxes on essential goods and providing relief to MSMEs, local traders, and consumers, reported ANI.
A new Reform Task Force will drive critical next-gen reforms to speed up economic growth, simplify regulations, modernise governance, and prepare India for a USD 10 trillion economy by 2047.
The Prime Minister announced a Rs 1 lakh crore employment scheme under which newly hired youth will receive Rs 15,000 per month. Targeting 3 crore beneficiaries, it aims to link Swatantra Bharat with Samriddha Bharat, reported ANI.
PM Modi warned of demographic imbalance caused by infiltration and illegal migration in border areas. He announced a High-Powered Demography Mission to safeguard national security and citizens' rights.
Pointing out India's heavy petroleum import bill, PM Modi launched the National Deepwater Exploration Mission to harness ocean resources, alongside large-scale expansions in solar, hydrogen, hydro, and nuclear energy, reported ANI.
Calling for a national effort akin to vaccine development during COVID and UPI for digital payments, PM Modi urged scientists and youth to take on the challenge of manufacturing indigenous jet engines.
(Inputs from ANI)
