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India’s 79th Independence Day: PM Modi Announces GST Reforms, Youth Jobs, and Tech Push

 

On India’s Independence Day, Prime Minister Narendra Modi unveiled sweeping GST reforms, a ₹1 lakh crore youth job scheme, and a bold vision for Viksit Bharat 2047, focusing on economic growth, technology, and defense innovation.


Modi’s Independence Day Speech 2025: A Bold Roadmap for Viksit Bharat

On the 79th anniversary of India’s independence, Prime Minister Narendra Modi delivered his 12th consecutive address from the Red Fort. His speech outlined transformative initiatives aimed at boosting the economy, empowering youth, and advancing India’s technological and defense capabilities under the Viksit Bharat by 2047 vision.


Key Announcements and Highlights
“Double Diwali” GST Reform

Modi announced next-generation Goods and Services Tax reforms to be rolled out by Diwali.

  • Simplification of tax brackets

  • Relief for MSMEs

  • Reduced burden on essential goods
    Experts believe these reforms will enhance competitiveness in exports and boost domestic consumption.

₹1 Lakh Crore Viksit Bharat Rozgar Yojana

A ₹1 lakh crore employment initiative was launched to empower India’s youth.

  • Young professionals joining private-sector jobs will receive ₹15,000 support.

  • Employers will get up to ₹3,000 incentives per month.

  • Expected to benefit more than 3 crore youth across the country.

Mission Sudarshan Chakra & Defense Goals

Modi unveiled the Sudarshan Chakra Mission, named after the mythological weapon symbolizing protection.

  • Focus on indigenous defense industry.

  • Push for Made-in-India jet engines and advanced defense systems.

Semiconductor Breakthrough

India is set to enter the global semiconductor market in “mission mode.” By the end of 2025, India’s first homegrown chip is expected to launch—marking a milestone in technology.

Energy & Demography Missions
  • A tenfold expansion in nuclear power capacity by 2047.

  • Launch of a High-Powered Demography Mission to safeguard national identity amid rising migration concerns.

Reform Task Force & Governance Overhaul

A dedicated Reform Task Force will cut bureaucratic delays, modernize governance, and help India progress toward becoming a $10 trillion economy.


Political Reactions and Analysis
Support and Optimism
  • BJP leaders hailed Modi’s address as visionary.

  • Economists praised the GST reform as a structural necessity to fuel domestic growth.

Skepticism and Caution
  • Opposition parties criticized the announcements as over-ambitious without clear execution plans.

  • Experts warned of possible fiscal strain and the need for strong coordination with states.

Long-Term Vision vs. Short-Term Challenges

While Modi’s Viksit Bharat by 2047 vision lays a bold foundation, the real test lies in effective implementation amid administrative complexities and budgetary realities.


 


 

 
 
 
 

 

 
 
 
 

 

 

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