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January 31, 2025 12:21 PM IST

President murmu address

India set to become the world’s third-largest economy soon: President Murmu

India is set to become the world’s third-largest economy, President Droupadi Murmu said while addressing the joint sitting of Parliament on Friday. She emphasised that the government is implementing key decisions at an accelerated pace to drive economic growth and development.

Highlighting the government’s commitment to supporting farmers, President Murmu said that Rs 41,000 crore has been distributed to millions of farmers under the PM-Kisan Samman Nidhi scheme. She underlined major policy reforms, including the proposal for ‘One Nation, One Election’, which aims to synchronize elections across the country, and the Waqf Bill, which seeks to introduce transparency in the management of Waqf properties.

The president’s address was also dedicated to youth empowerment and employment generation. She stressed the government’s continued efforts to expand educational opportunities and create new jobs to harness India’s demographic dividend.

The president reaffirmed the government’s commitment to homeownership for the middle class, ensuring that housing schemes enable families to achieve their dream of owning a home. She pointed out that government initiatives have successfully lifted 25 crore people out of extreme poverty, reinforcing the administration’s focus on economic inclusion and social upliftment.

In a significant step towards empowering women financially and technically, President Murmu highlighted the ‘Drone Didi’ scheme, which equips women with training in drone technology, opening up new employment opportunities in the agricultural and logistics sectors.

IANS

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Last updated on: 2nd February 2025