+
Modi unveils development initiatives and confidence for 2024
ECONOMY & POLICY

Modi unveils development initiatives and confidence for 2024

During his 90-minute Independence Day address from the Red Fort in New Delhi, Prime Minister Narendra Modi expressed confidence in returning to power in 2024 while unveiling a series of development initiatives. The measures include the ₹150 billion Vishwakarma Yojana for skilled workers in traditional crafts, an urban housing plan offering interest rate relief for the poor, and a scheme with women self-help groups to create 20 million 'Lakhpati Didis in villages. Modi also announced an increased target of 25,000 Jan Aushadhi Kendras for affordable generic medicines.

In the lead-up to the upcoming general elections, Modi urged citizens to combat corruption, dynastic politics, and appeasement. He acknowledged the violent ethnic clashes between Meities and Kukis in Manipur, stressing the importance of peace in resolving such issues.

The Prime Minister disclosed plans to support skilled individuals in traditional crafts through the Vishwakarma Yojana, focusing on the Other Backward Class (OBC) community. He emphasized that weavers, goldsmiths, blacksmiths, and similar professions will benefit from this scheme, with an initial allocation of ₹130-150 billion.

Highlighting India's rising global stature, Modi emphasized the country's enhanced standing and the potential to shape the evolving global order post-COVID-19. He underscored India's role as a voice for the Global South and its positive impact on the global economy and supply chain.

Modi's speech drew criticism from opposition parties. The Congress party spokesperson, Pawan Khera, questioned the Prime Minister's stance on corruption and dynastic politics, given his political alliances.

In terms of inflation, Modi acknowledged efforts to control it but cautioned against complacency, especially in the face of a 15-month high retail inflation rate of 7.44% in July.

Modi's address conveyed his ambition to elevate India's global position, with a vision for the nation to achieve developed status by 2047. He emphasized the importance of a strong national character for India's journey towards prosperity and stability in the global scenario.

During his 90-minute Independence Day address from the Red Fort in New Delhi, Prime Minister Narendra Modi expressed confidence in returning to power in 2024 while unveiling a series of development initiatives. The measures include the ₹150 billion Vishwakarma Yojana for skilled workers in traditional crafts, an urban housing plan offering interest rate relief for the poor, and a scheme with women self-help groups to create 20 million 'Lakhpati Didis in villages. Modi also announced an increased target of 25,000 Jan Aushadhi Kendras for affordable generic medicines. In the lead-up to the upcoming general elections, Modi urged citizens to combat corruption, dynastic politics, and appeasement. He acknowledged the violent ethnic clashes between Meities and Kukis in Manipur, stressing the importance of peace in resolving such issues. The Prime Minister disclosed plans to support skilled individuals in traditional crafts through the Vishwakarma Yojana, focusing on the Other Backward Class (OBC) community. He emphasized that weavers, goldsmiths, blacksmiths, and similar professions will benefit from this scheme, with an initial allocation of ₹130-150 billion. Highlighting India's rising global stature, Modi emphasized the country's enhanced standing and the potential to shape the evolving global order post-COVID-19. He underscored India's role as a voice for the Global South and its positive impact on the global economy and supply chain. Modi's speech drew criticism from opposition parties. The Congress party spokesperson, Pawan Khera, questioned the Prime Minister's stance on corruption and dynastic politics, given his political alliances. In terms of inflation, Modi acknowledged efforts to control it but cautioned against complacency, especially in the face of a 15-month high retail inflation rate of 7.44% in July. Modi's address conveyed his ambition to elevate India's global position, with a vision for the nation to achieve developed status by 2047. He emphasized the importance of a strong national character for India's journey towards prosperity and stability in the global scenario.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read full article Click Here ..

Next Story
Real Estate

Glass, Reframed!

Glass façades, quintessential aesthetic building envelopes globally, have been widely adopted in India as well. But when the focus is high-performance building systems that deliver energy efficiency, comfort and architectural identity, glass isn’t the only preference. Combination solutions, involving glass and some other material, improve façade outcomes. Some combinations come at comparable prices, some at a higher price. Here is a selection of performance-oriented solutions...To read the full story Click Here ..

Next Story
Infrastructure Urban

Beyond Building Faster

India’s cities are expanding at an unprecedented pace, bringing new infrastructure and development opportunities while also intensifying challenges around mobility, public spaces, liveability and supporting infrastructure. The question, therefore, is not simply whether India can build faster, but whether it can build cities that work better.At a CW webinar, Are We Designing Better Cities – or Just Building Faster?, moderator Ar. Samir Shaikh, Founding Principal, AR&UD Studio, brought together perspectives from design, development, master planning and technology...To read the full artic..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code