Blitz Bureau
NEW DELHI: Marking his 12th Independence Day address from the iconic Red Fort, Prime Minister Narendra Modi on August 15 unveiled a sweeping vision for India’s transformation, blending technological ambition with economic firepower. On the nation’s 79th Independence Day, his message was unflinching – Bharat will set its own terms, build its own capabilities, and stride confidently towards becoming a developed nation by 2047.
From manufacturing India’s first semiconductor chip to building indigenous jet engines, and from a tenfold Nuclear energy expansion to a Rs 1 lakh crore youth employment push, the announcements reflected a government ready to leap into the future. Semiconductors on mission mode:
Recalling failed attempts from five decades ago, PM Modi declared that India’s first ‘Made-in-India’ semiconductor chip will roll out by year-end, signalling the country’s arrival in a strategic industry dominated by global giants. He said that ten new Nuclear reactors are under construction as part of a plan to raise Nuclear power capacity more than tenfold by 2047, enhancing energy security and reducing fossil fuel dependence.
Calling it a ‘Diwali gift,’ PM Modi announced next-generation GST reforms, promising reduced taxes on essentials and relief for MSMEs, street vendors, and consumers for the coming Diwali. The new PM Viksit Bharat Rozgar Yojana will offer Rs 15,000 monthly support to newly-employed youth, targeting 3 crore beneficiaries, strengthening the bridge from Swatantra Bharat to Samriddha Bharat.
There would be a dedicated task force will fast-track reforms, cut red tape, and prepare the economy for a $10 trillion status by 2047.
