From Semiconductors to GST Reforms: Here are major announcements by PM Modi

August 15, 2025

New Delhi: Marking his 12th Independence Day address, Prime Minister Narendra Modi turned the Red Fort into a launchpad for the next chapter of India’s rise. On the 79th Independence Day, he made a series of bold announcements that signal a nation ready to leap, not just step, into the future. With his 103-minute-long address, PM Modi also broke record of former Prime Minister Indra Gandhi with 12 consecutive speeches.

From making India’s first semiconductor chip to building jet engines, from tenfold nuclear expansion to a ₹1 lakh crore youth employment push PM Modi in his address made major announcements paving the way for the country to become a developed nation by 2047.

Major Announcements:

Semiconductors: From Lost Decades to Mission Mode

Recalling how attempts to set up semiconductor factories 50–60 years ago were “killed at birth” while other nations prospered, PM Modi announced that India is now on mission mode. By the end of this year, the nation will roll out its first Made in India chip.

Nuclear Energy Capacity to Grow Tenfold by 2047

Work is underway on 10 new nuclear reactors as part of India’s mission to increase nuclear power generation capacity by over ten times in the next two decades.

GST Reforms – A Diwali Gift

Next-generation GST reforms will be unveiled on Diwali, reducing taxes on essential goods and providing relief to MSMEs, local vendors, and consumers.

Reform Task Force for a $10 Trillion Bharat

PM Modi announced the creation of a dedicated Reform Task Force to drive next-generation reforms. Its mandate: accelerate economic growth, cut red tape, modernise governance, and prepare Bharat for the demands of a $10 trillion economy by 2047.

₹1 Lakh Crore PM Viksit Bharat Rozgar Yojana

PM Modi launched a major employment scheme worth ₹1 lakh crore, under which newly employed youth will receive ₹15,000 per month. The scheme aims to benefit 3 crore young Indians, strengthening the bridge from Swatantra Bharat to Samriddha Bharat.

Made in India Jet Engines – A National Challenge

PM Modi made a dramatic announcement that just like how we made vaccines during COVID, and UPI for digital payments, we should build our own jet engines too for our jet engines and asked our scientists and youth to take it up as a direct challenge.