In a momentous inauguration ceremony at the Surat Diamond Bourse, Prime Minister Narendra Modi unveiled his government’s ambitious plan for the next 25 years, setting the target of propelling India into a $10 trillion economy. The Prime Minister, during his speech, outlined key updates and initiatives that underscore the administration’s commitment to robust economic growth.
PM Modi emphasized the government’s commitment to economic transformation, stating, “Whether it is the aim for a 5-trillion-dollar economy or 10-trillion-dollar economy, the government has fixed the target for the next 25 years and we are working on it.” This declaration reflects a long-term perspective, outlining a comprehensive strategy to elevate India’s economic standing on the global stage.
Highlighting Surat’s metamorphosis from the ‘Sun City’ to the ‘Diamond City,’ PM Modi lauded the city’s transformative journey. The recognition of Surat’s economic contribution serves as a testament to the government’s focus on fostering growth in key sectors, particularly in regions with unique economic potential.
About Government’s Effect:
PM Modi’s speech also shed light on the government’s concerted efforts to boost India’s export industry to unprecedented heights. This initiative aligns with the broader goal of not only expanding the economy domestically but also positioning India as a formidable force in the global market. A robust export sector is crucial for creating jobs, attracting foreign investment, and ensuring sustainable economic development.
Underscoring his commitment to elevate India among the world’s largest economies, PM Modi reiterated his vision to place India among the top three global economic powerhouses during his third term. This ambitious goal signals a determination to leverage India’s demographic dividend, technological prowess, and diverse economic sectors to secure a prominent position in the global economic landscape.
As Prime Minister Narendra Modi unfolds this comprehensive economic roadmap, it becomes evident that India is poised for a transformative journey over the next 25 years. The vision of a $10 trillion economy, coupled with strategic initiatives to boost exports and propel India into the league of the world’s largest economies, sets a bold agenda for the nation’s future. The success of this vision hinges on sustained efforts, innovative policies, and a collaborative approach to ensure inclusive and equitable growth for all citizens.