Prime Minister Narendra Modi made several major announcements from the ramparts of the Red Fort on Independence Day, including India’s first semiconductor chip to create jet engines and 10 times the expansion of nuclear power. In his address on the occasion of Independence Day on Friday, Prime Minister Narendra Modi said that by the end of 2025, ‘Made in India’ semiconductor chips will be available in the market.
He also urged the youth of the country to develop social media such as indigenous technology platforms. The Prime Minister said that the idea of setting up semiconductor factory in India was the first to come 50-60 years ago, but the plan remained hanging in the balance until the government has started working in mission mode on the semector industry, under which six chip plants have already been constructed. Apart from this, PM Modi also gave information about many projects.
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The goal of his adventure announcements is to lead the country on the path of becoming a developed nation by 2047. The Prime Minister said, “India is now in mission mode. By the end of this year, the country will start its first ‘Made in India Chip’. “He said that India’s nuclear power capacity is going to increase by 2047 by 10 times. Modi said that in the next two decades, work is going on to create 10 new nuclear reactors under the mission to increase nuclear power generation capacity over 10 times. The Prime Minister also challenged scientists and youth to develop the country’s own jet engines for “Made in India” fighter jets.
He said, “Today, the ramparts of my Red Fort have called the young scientists of the country, my talented youth, my engineers and professionals and every department of the government, whether the jet engine should be our own for the ‘Made in India’ fighter aircraft?” The Prime Minister also announced the big reforms in the Goods and Services Tax (GST) and promised to give gifts for the citizens.
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He said, “In this Diwali, a very big gift is going to be received by the countrymen. For the last eight years, we have a huge reform of GST, reduced the tax birdn across the country, simplified tax arrangements and after eight years, there is a demand of time, that we should review it once, we started review of the high power committee by setting up the high power committee, also discussed with the states. ‘
Modi also announced the formation of a dedicated reform work force with the aim of accelerating economic growth, reducing the red tape, modernizing the governance and taking India’s next generation reforms for the demands of the US $ 10 trillion by 2047. He also announced to launch an employment scheme of Rs 1 lakh crore, under which the youth who get new employment will get a lump sum of Rs 15,000.
The purpose of this scheme is to benefit more than three crore youth, which will strengthen the bridge from ‘independent India to rich India’. Modi also highlighted the dangers of demographic imbalance due to infiltration and illegal migration into the border areas. He announced the introduction of a high -level demographics mission to deal with this national security challenge, ensuring the unity and integrity of the country and the protection of the rights of its citizens. As part of an attempt to achieve self-sufficiency in the energy sector, the Prime Minister announced a maritime explosion mission to expand sea resources along with large expansion in solar, hydrogen, hydrogen, hydrogen, hydrogen, hydrogen, hydrogen, hydrogen and nuclear power.