Prime Minister Narendra Modi recently delivered a significant speech emphasizing major socio-economic reforms aimed at empowering citizens and boosting India’s growth trajectory.
Rising Neo-Middle Class and Tax Relief
PM Modi highlighted that 25 crore people have now stepped above the poverty line, creating a vibrant new neo-middle class with rising aspirations. In a major relief to the middle class, he announced that income up to ₹12 lakhs will now be tax-free, alleviating the financial burden on millions.
Launch of GST 2.0
The new simplified GST 2.0 was introduced, aiming to benefit common citizens and stimulate sectors like travel and tourism by reducing taxes on hotel stays. The Prime Minister appealed to producers and sellers to pass the GST benefits directly to consumers.
Focus on Atmanirbhar Bharat & Manufacturing
A strong focus was laid on self-reliance, with special attention to MSMEs, small-scale industries, and cottage sectors. Emphasizing quality manufacturing, Modi urged citizens to proudly embrace Swadeshi products with the slogan: “Hum Swadeshi Khareedenge”.
Centre-State Jugalbandi and Citizen-Centric Governance
The PM underscored the importance of Centre and State cooperation for balanced growth. Introducing the mantra “Nagrik Devo Bhava”, Modi stressed governance centered on citizen welfare and responsiveness.
Festive Greetings
Concluding his speech, Modi extended warm wishes for Navratri, inspiring unity and optimism ahead.
This landmark address marks a decisive step towards economic empowerment, promoting local enterprise, and enhancing the quality of life for all Indians.
Short Highlights of PM Narendra Modi’s Speech:
- 25 crore people have risen above poverty line, creating a new neo-middle class with rising aspirations.
- Major relief to middle class: Income upto ₹12 lakhs made tax-free.
- GST 2.0 rolled out: simplified structure, benefits for common citizens, lower tax on hotel stays to promote travel & tourism.
- Strong push for Atmanirbhar Bharat with focus on MSMEs, small industries, cottage sectors, and quality manufacturing.
- Urges citizens to say with pride: “Hum Swadeshi Khareedenge”, discouraging foreign daily-use imports.
- Appeals to producers and sellers to pass on GST savings to the public.
- Emphasizes states and centre working in jugalbandi for economic growth.
- New slogan: “Nagrik Devo Bhava” for citizen-centric governance.
- Extended wishes to people on the occasion of Navratri.