President Droupadi Murmu Highlights India’s Growth and Future on Independence Day
New Delhi [India], August 15: President Droupadi Murmu, in her address to the nation on the eve of the 78th Independence Day, emphasized the significant strides India has made in economic growth and development.
Economic Growth and Poverty Reduction
President Murmu noted that India has been one of the fastest-growing major economies, with an average growth rate of 8% annually from 2021 to 2024. This growth has increased the wealth of the people and significantly reduced poverty. She mentioned the PM Garib Kalyan Anna Yojana, which continues to provide free ration to about 80 crore people, ensuring that those who have recently escaped poverty do not fall back into it.
Contributions of Farmers and Workers
Murmu praised the hard work of farmers and workers, stating that their efforts have made India self-reliant in agriculture. She highlighted the role of strategic planning and effective institutions in expanding infrastructure, including roads, highways, railways, and ports.
Technological Advancements and Investment
The President spoke about the government’s promotion of sectors like semiconductors and Artificial Intelligence, creating an ideal ecosystem for startups and making India an attractive investment destination. She also noted the increased efficiency and transparency in the banking and financial sectors.
India’s Global Stature
Murmu concluded by stating that India’s rapid and equitable progress has elevated its status in global affairs. She highlighted India’s influential role as the voice of the Global South, especially after its successful G-20 Presidency, and its commitment to expanding world peace and prosperity.
Doubts Revealed
Droupadi Murmu -: Droupadi Murmu is the President of India. She is the head of the country and represents India in important matters.
Independence Day -: Independence Day is a special day when India celebrates its freedom from British rule. It is celebrated on August 15th every year.
Economic growth -: Economic growth means how much more money and resources a country is making over time. It shows that the country is getting richer and better.
Startups -: Startups are new companies that are just beginning to develop. They often bring new ideas and innovations to the market.
Banking efficiency -: Banking efficiency means how well banks are working to help people and businesses with their money. It includes things like faster services and better customer support.
Poverty -: Poverty means not having enough money to meet basic needs like food, shelter, and clothing. Reducing poverty means helping more people to have a better life.
G-20 Presidency -: G-20 is a group of 20 important countries that discuss global issues. When a country has the G-20 Presidency, it leads the meetings and sets the agenda for that year.
