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As India steps into a critical phase of its economic and social transformation, the Budget Session of 2025 carries immense significance. Prime Minister Narendra Modi’s address before the session’s commencement was not just a customary speech but a blueprint for India’s future—a roadmap for the country’s ambitious journey towards becoming a fully developed nation by 2047. His words carried a mix of reflection, aspiration, and a strong call to action, emphasizing that this budget is not just about numbers but about shaping the destiny of 140 crore Indians.
Here, TICE brings you the key highlights of PM Modi's address at the Budget Session.
A Nation on the Move
PM Modi began by invoking Goddess Lakshmi, the symbol of prosperity, seeking her blessings for the poor and middle class. This invocation, rooted in India’s cultural ethos, set the tone for his speech, which was deeply aligned with the idea of inclusive growth. It was not just about economic expansion but about ensuring that every citizen, irrespective of their background, benefits from India’s progress.
Reflecting on India’s journey as a Republic over the past 75 years, he highlighted the nation's rise as a strong pillar of democracy. From its early struggles post-independence to its current position as one of the world’s fastest-growing economies, India has undergone a remarkable transformation. But for the Prime Minister, the true milestone lies ahead—2047, when the country celebrates 100 years of independence. This, he said, is the moment when India must achieve its dream of becoming a fully developed nation.
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Mission Mode for Comprehensive Development
The Prime Minister emphasized that his government is operating in "mission mode" to ensure holistic development—geographically, socially, and economically. This means bringing progress to the farthest corners of the country, ensuring that historically marginalized communities are uplifted, and creating an economy that benefits all sections of society.
He outlined three key pillars that have driven India’s economic strategy so far and will continue to shape its future—Innovation, Inclusion, and Investment.
- Innovation – Encouraging new-age technologies, supporting startups, and fostering an ecosystem where ideas turn into impactful businesses.
- Inclusion – Ensuring that growth reaches the last person in the line, bridging economic and social divides.
- Investment – Attracting both domestic and foreign capital to build robust infrastructure and industries that can sustain long-term growth.
Modi’s emphasis on “Reform, Perform, and Transform” was a call for all stakeholders—governments, businesses, and citizens—to actively participate in making India a superpower. His message was clear: policy changes (Reform) should translate into execution (Perform), which in turn should lead to a visible change in people’s lives (Transform).
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A Call for Collective Responsibility
One of the most compelling aspects of the Prime Minister’s speech was his call for unity between the State and Central governments.
He underscored that development is not the sole responsibility of the Union Government but requires equal participation from state administrations. “The central and state governments must work together to perform, and public participation will lead to transformation,” he said, emphasizing the role of cooperative federalism.
Public participation, he noted, is the real driver of change. It is not enough for policies to be drafted in government offices; they must be embraced and implemented by the people. This participatory approach, he believes, will be the game-changer in India’s journey towards development.
Empowering the Youth: The Leaders of Tomorrow
A crucial part of his vision revolves around the country’s youth. He pointed out that today’s young Indians, aged 20-25, will be at the peak of their careers when India turns 100. They will be the policymakers, business leaders, scientists, and innovators shaping the country’s global position.
Drawing a parallel with the freedom fighters of the 1930s and 40s who laid the foundation for India’s independence, Modi urged today’s youth to dedicate themselves to building a developed nation. “The next 25 years will be dedicated to achieving a prosperous and developed India,” he asserted, urging young MPs in Parliament to actively contribute to this vision.
Strengthening Women’s Rights and Social Equality
Another significant highlight of his address was the focus on women’s dignity and equal rights. Modi stressed that laws and policies must reflect an inclusive society where women are not just participants but leaders in India’s growth story. He hinted at upcoming legislative measures aimed at ensuring gender equality, free from religious and sectarian differences.
This aligns with his government’s previous efforts such as the Beti Bachao Beti Padhao campaign, the Women’s Reservation Bill, and multiple financial inclusion programs targeting women entrepreneurs.
A Budget Session Without External Disruptions?
In a surprising remark, the Prime Minister noted that for the first time in over a decade, there had been no external attempts to create disturbances ahead of the budget session.
“For the past 10 years, there have always been efforts to create trouble just before each session,” he said, hinting at foreign influences that have sought to disrupt India’s stability. This, according to him, reflects India’s growing self-confidence and resilience on the global stage.
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The Road Ahead: A Defining Moment for India
As the Budget Session unfolds, the country will watch closely to see how these grand visions translate into concrete policies. While Modi’s speech set the tone for optimism, the real test lies in execution.
The key questions that remain:
- Will this budget introduce groundbreaking reforms to propel India’s economic growth?
- How will it support startups, businesses, and job creation?
- What new policies will emerge to strengthen women’s empowerment and youth development?
- Can India truly achieve its ambition of becoming a developed nation in the next 25 years?
As India stands on the cusp of its most defining economic phase, the choices made in this session will shape the future of the nation. Whether it’s through policy reforms, investment in new technologies, or fostering a more inclusive society, one thing is clear—this is a moment of immense responsibility for both policymakers and citizens.
If India can harness its potential effectively, the dream of 2047 is not just a possibility—it’s an inevitability.
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