Home / News / India /  PM Modi's Independence Day speech highlights: India can be a $5 trillion economy in 5 years

NEW DELHI : In his first address to the nation from Red Fort after this year's Lok Sabha elections and the sixth consecutive one on Independence Day, Prime Minister Narendra Modi today spoke about issues like Article 370, Article 35A, criminalising triple talaq, welfare schemes for the farmers and announced the launch of a new Jal Jeevan Mission to provide potable water.

On the economic front, PM Modi expressed confidence that India will become a $5 trillion economy in the next five years. "From 2014 to 2019, we became a $3 trillion economy. Before that, in the last 70 years, the country was a $2 trillion economy. We added $1 trillion to the economy in just five years. Now we are looking forward to making the nation a $5 trillion economy," said Narendra Modi in his speech. He also stood up in support of industrialists, saying that wealth creators should not be eyed with suspicion and that they are country's wealth and should be respected.

Also watch: PM on I-Day: India can become $5 trillion economy in the next five years

Here are the updates of PM Narendra Modi's Independence Day speech:

7:30 am: Prime Minister Narendra Modi hoists the tricolour at Red Fort.

7:35 am: Prime Minister Narendra Modi began addressing the nation on the 73rd Independence Day. PM Modi extended greetings for the festival of Raksha Bandhan and also expressed his concern for the people in flood-affected areas of the country.

7:45 am: "Today, when we are marking Independence Day, many of our citizens are suffering due to floods in various parts of the country. We stand in solidarity with those who are affected by the floods," says PM Modi in his speech.

7:50 am: Prime Minister Narendra Modi lists steps taken for welfare. PM Modi said within 10 days of his new government, major decisions have been taken for welfare of the nation. He listed the government's move to revoke Article 35A, criminalise Triple talaq and the welfare schemes for the farmers.

7:52 am: PM Modi: The country fully understands the importance of water conservation and that is why a ministry for Jal Shakti has been formed. Steps have been taken to make the medical sector even more people friendly.

7:55 am: "Within 70 days of the new government, we removed the Article 370 which was not done in last 70 years," said PM Modi.

7:58 am: PM Modi says before 2014 people had doubt whether the country can change. "There was disappointment on everyone's face, people used to think can this country change?," said Modi.

8:00 am: "In 2019, I was amazed, the mood of the people of the country had changed, disappointment had turned into optimism, dreams became connected with desire and everyone was on the same page that this country can change," says Modi.

8:05 am: "Now every Indian can say confidently 'One Nation, One Constitution'," said PM Modi on the new government successfully removing Article 370.

8:10 am: PM Modi says the government will focus on "Jal Jivaan Mission" in the coming days. Both Central and the states government will work together for this mission. A total of 3.70 lakh crore has been allotted for this mission.

8:15 am: PM Modi talks about the increase in population of the country. The Prime Minister urges to the nation to understand the importance of birth control in the nation.

8:17 am: "Population explosion in the country will create various problems for the coming generations. Those who follow the policy of small family also contribute to the development of the nation, it is also a form of patriotism. There is a need of social awareness in the country," says PM Modi.

8:20 am: People no longer happy with plan of railway station, they want Vande Bharat Express in their area: Modi

8:23 am: Every effort made to remove corruption and black money is welcome. These are menaces that have ruined India for 70 long years. Let us always reward honesty: PM

8:28 am: The country is looking forward to ease of doing business. "We have done a lot in improving 'Easing of Doing Business'. But that's just one step. Our ultimate aim is 'Ease of Living'," says PM Modi.

8:30 am: PM Modi: A total of 100 lakh crore will be allotted for new infrastructure in the country. Be it making roads, railways, bridges or hospitals.

8:34 am: "From 2014 to 2019, we became a $3 trillion economy. Before that, in the last 70 years, the country was a $2 trillion economy. We added $1 trillion to the economy in just five years. Now we are looking forward to making the nation a $5 trillion economy," says PM Modi.

8:40 am: PM Modi: Today, the Government in India is stable, policy system is predictable. World is eager to trade with India. We are working to keep prices under check and speed up development. The fundamentals of our economy are strong.

8:48 am: "We have taken decision to create Chief of Defence Staff position. This will be an important step," says PM Modi.

8:53 am: "On October 2, let us pledge to make the country free of single-use plastic.On Diwali let us gift people cloth bags instead plastics. That will be an advertisement for your company as well," Modi on less plastic use. PM Modi also urged the startups to come up with ideas to recycle plastics in the country.

8:57 am: Prime Minister talks about creating 100 tourist destinations in the country. "Let us pledge to visit at least 15 tourist destinations before 2022," says PM Modi.

9:00 am: "Let the farmers of our land pledge to reduce the use of fertilisers by at least 10-15%," says PM Modi.

9:14 am: PM urges people to accord priority to local products for a better tomorrow.

-Among all Independence Day speeches by prime ministers since 1991, the ones by Modi has been the longest. The average length of his speeches are 8,000 words, according to a Mint analysis.

-Today's Independence Day's speech was sixth consecutive one for Narendra Modi. The late Atal Bihari Vajpayee had also given six straight speeches between 1998-2003.

-Twitter has launched a customised Independence Day emoji of the Ashoka Chakra. The emoji can be used with hashtags like #IndiaIndependenceDay and #IDayIndia.

-For the first time, Delhi Police used cameras equipped with a facial recognition software to identify suspects around the Red Fort and the adjoining areas.

-Delhi Traffic Police had also issued an advisory for the Independence Day function at the Red Fort. Metro services will be normal on August 15, with restrictions on entry and exit at some of the stations on the Violet Line.

-Wing Commander Abhinandan Varthaman, who became the face of a tense military confrontation between India and Pakistan in the aftermath of the Balakot air strike, will be conferred the Vir Chakra on Independence Day.

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