18-Aug-2025
Major Announcements on India’s 79th Independence Day
Why in News?
PM outlined key national initiatives to help achieve the goal of a Developed India by 2047.
Initiative |
Objective |
Target Year |
PM Viksit Bharat Rozgar Yojana |
Create 3.5 crore jobs in 2 years; ₹15,000 (in 2 installments) to new employees; ₹3,000/month to employers per new employee. |
2027 |
Mission Sudarshan Chakra |
Develop indigenous Iron Dome-like air defence system to protect strategic and civilian sites; intercept and retaliate enemy attacks. |
2035 |
Semiconductor Mission |
Roll out the first Made-in-India semiconductor chip. |
2025 |
National Deep Water Exploration Mission (‘Samudra Manthan’) |
Explore offshore oil, gas, and mineral resources in mission mode. |
– |
GST Reforms |
GST reforms with reduced taxes on essentials and relief for MSMEs and consumers. |
October 2025 |
Reform Task Force |
↑ economic growth, ↓ red tape, and modernise governance for USD 10 trillion economy. |
2047 |
High-Powered Demography Mission |
Tackle demographic imbalance due to illegal migration in border areas; ↑ national security and citizens’ rights. |
– |
Nuclear Energy Expansion |
Increase nuclear power capacity by 10x; 10 new reactors. |
2047 |