Prime Minister Narendra Modi.
New Delhi: Prime Minister Narendra Modi on Saturday made a strong statement on the country’s growth and future plans. In ‘ET World Leaders Forum 2025’, he said that India is going to become the third largest economy in the world soon and by 2047, the process of reforms to make India a developed nation will continue. On this occasion, he laid special emphasis on India’s achievements in the space sector and announced, “The time is not far when we have our own space station in space”. PM Modi also said that India will bring its first domestic-made semiconductor chip by the end of 2025 and the country is progressing rapidly towards developing ‘Made-in-India’ 6G network.
‘Space was also opened for private sector’
The Prime Minister congratulated the countrymen on the occasion of National Space Day and told the story of India’s progress in the space field. He said, “Today is also National Space Day. I wish you all a happy National Space Day. Before 2014, space campaigns were limited and their scope was also limited. Today, in the 21st century, when every big country is exploring the possibilities of space, then how did India stay behind, so we also improved the space sector and opened it for the private sector. ‘
‘More than 50 missions have been completed in the last 11 years’
The Prime Minister said through data that India had completed only 42 space missions in 35 years from 1979 to 2014, but more than 50 missions have been successfully completed in the last 11 years. He said, ‘Today the space sector of India is watching the success of these reforms. In 2014, there was only one space startup in India, today there are more than 300. The Prime Minister also threw light on India’s economic strength. He said that India today is the fastest growing economy in the world. He said, “We are going to become the third largest economy in the world soon.”
’22 lakh formal jobs connected in a month’
PM Modi said that despite the Kovid epidemic, India’s fiscal deficit (fiscal deficit) has come down by 4.4 percent. He said that the position of banks has strengthened, inflation is at the lowest level, interest rates are low, and foreign exchange reserves (forex reserves) are also strong. The Prime Minister said, “Every month millions of domestic investors are investing thousands of crores in the capital market through SIP.” The Prime Minister, citing the EPFO data of June 2025, said that 22 lakh formal jobs were connected in a month, which is the biggest figure ever. He said that retail inflation is at the lowest level after 2017.
‘The next generation GST reforms will be completed before Diwali’
Referring to the GST reforms, Prime Minister Modi said that before this Diwali the GST reforms of the next generation will be completed, which will make the GST law more simple and will reduce prices. The Prime Minister lashed out at the policies of the old governments and said, ‘We have been listening to a line repeatedly in common colloquial, it is said’ Missing the Bus’. That is, some opportunity comes and it leaves. Earlier governments in our country have left many such settlements of technology and industry opportunities. He said that earlier governments were entangled in votebank politics and their thinking was limited to elections. (PTI)
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