Source: PIB Press Release
Prime Minister Narendra Modi delivered his 12th Independence Day speech from the Red Fort on August 15, 2025, outlining ambitious plans to transform India into a developed nation by 2047. Speaking on the 79th Independence Day, PM Modi announced eight major initiatives covering technology, energy, employment, and national security.
8 Major Announcements That Will Transform India
India’s First Semiconductor Chip by End of 2025
The Prime Minister revealed that India will produce its first domestically-made semiconductor chip by the end of this year. He reflected on how India’s attempts to build semiconductor factories 50-60 years ago were unsuccessful, while other countries advanced in this field. “Now India is working in mission mode,” PM Modi declared, signaling the country’s determination to become self-reliant in chip manufacturing.
Nuclear Power Expansion: 10 Times Growth by 2047
India plans to increase its nuclear power generation capacity by more than ten times over the next two decades. The government is currently working on constructing 10 new nuclear reactors as part of this massive expansion plan.
GST Reforms as Diwali Gift for Citizens
PM Modi announced that next-generation Goods and Services Tax (GST) reforms will be unveiled during Diwali festival. These reforms will reduce taxes on essential goods and provide significant relief to Micro, Small, and Medium Enterprises (MSMEs), local vendors, and consumers across the country.
New Reform Task Force for Economic Growth
A dedicated Reform Task Force will be established to drive next-generation reforms in India. This task force has three main objectives: accelerate economic growth, reduce bureaucratic red tape, and modernize government operations to make them more efficient and citizen-friendly.
₹1 Lakh Crore Employment Scheme for Youth
The Prime Minister launched the PM Viksit Bharat Rozgar Yojana, a massive employment program worth ₹1 lakh crore (₹1 trillion). Under this scheme:
- Newly employed young people will receive ₹15,000
- The program aims to benefit 3 crore (30 million) young Indians
- It strengthens the bridge from independent India to prosperous India
High-Powered Mission to Address Demographic Challenges
PM Modi highlighted concerns about demographic imbalances caused by infiltration and illegal migration in border areas. He announced the launch of a High-Powered Demography Mission to address these national security challenges and protect the unity, integrity, and rights of Indian citizens.
Ocean Exploration for Energy Independence
Recognizing that India still spends a large portion of its budget on importing oil, diesel, and gas, the Prime Minister announced the National Deepwater Exploration Mission. This initiative will explore ocean resources for energy, while also expanding solar, hydrogen, hydro, and nuclear power capabilities to achieve energy independence.
Challenge to Build Indigenous Jet Engines
In a bold call to action, PM Modi challenged India’s scientists and youth to develop homemade jet engines. Drawing parallels to India’s success in vaccine production during COVID-19 and the creation of the UPI digital payment system, he urged the nation to take up jet engine manufacturing as a national mission.
Key Takeaways
| Initiative | Target/Timeline | Impact |
|---|---|---|
| Semiconductor Manufacturing | First chip by end of 2025 | Technology self-reliance |
| Nuclear Power Expansion | 10x growth by 2047 | Energy security |
| GST Reforms | Announced on Diwali | Tax relief for businesses and consumers |
| Employment Scheme | ₹1 lakh crore for 3 crore youth | Job creation and economic growth |
| Demography Mission | Immediate implementation | National security and border protection |
| Ocean Exploration | National mission launch | Energy independence |
| Jet Engine Development | National challenge issued | Defense and aviation self-reliance |
| Reform Task Force | Dedicated team formation | Streamlined governance |
India’s Vision for 2047
These announcements reflect PM Modi’s vision of transforming India into a developed nation by 2047, when the country celebrates 100 years of independence. The initiatives focus on achieving self-reliance in critical sectors like technology, energy, and defense while creating employment opportunities for the country’s young population.
The Prime Minister emphasized that “Bharat will define its own destiny, set its own terms” as the nation prepares for its next phase of growth and development.
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