Key Takeaways from PM Modi's Address at the Post-Budget Conference with Industry Leaders

New Delhi: Prime Minister Narendra Modi spoke at the inaugural session of Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference at Vigyan Bhawan, New Delhi, and interacted with key industry leadership on Tuesday. 

While giving the address, PM Modi also mentioned his long term vision of making India a developed country by 2047.  PM Modi said that the country, which is fifth largest economy currently, will become third largest economy by the end of his 3rd term.

PM Modi said that, 'When in 2014, the NDA was voted to power, the biggest question was around how we could bring the Indian economy back on track. Prior to 2014, India was part of Fragile 5. We are all aware of the scams ranging crores in India'.

he also stated that, 'In 2013-14, during the Dr. Manmohan Singh's government's last budget, it was of Rs 16 lakh crore. Today, our Budget has increased to 48 lakh crore'. 'India is growing at 8 per cent and the day is not far when the country will become the third largest economy globally from the current fifth position, he said.

Here are key takeaways from PM Modi's address at the post union budget conference.

• ‘In my third term, India to become the third largest global economy’
• ‘We have taken India to new highs even after battling pandemic’
• ‘Govt has made a record increase in allocation of ministries in the past 10 years, while tax rates have been reduced to record low’
• ‘The speed and scale with which the government is building infrastructure are unprecedented’
• ‘Today India has 1.40 lakh startups and 8 crore people have started their business with MUDRA loan’
• ‘We got independence as a poor nation, but we will celebrate 100th year of Independence in 2047 as a developed country’
• ‘Govt has made a record increase in allocation of ministries in the past 10 years, while tax rates have been reduced to record low’
• ‘India is the only country with high growth, low inflation; it has 16 pc share in global growth’