PM Modi addresses at Aatmanirbhar Arthvyavastha programme via Video Conference

Published By : Admin | February 2, 2022 | 11:00 IST
PM Modi hails new budget, says imperative to build new India on foundation of self-reliance
In 2013-14, India's exports stood at Rs 2.85 lakh crore. Today, it has achieved Rs 4.7 lakh crore: PM Modi
Reforms have expanded economy, says PM Modi about the Budget at Aatmanirbhar Arthvyavastha programme
Ken-Betwa river interlinking project is set to change face of Bundelkhand spanning Madhya Pradesh & Uttar Pradesh: PM Modi
Budget 2022 focus is on providing basic necessities to poor, middle class, youth: PM Modi
PM Modi calls Budget 2022 a bold move to turn a crisis into an opportunity
Migration from border villages not good for national security; budget has provisions to develop 'vibrant villages' on border: PM
Budget has envisioned 2,500-km long natural farming corridor along banks of River Ganga, will also help Clean Ganga mission: PM Modi



Prime Minister Narendra Modi today addressed a conclave on Aatmanirbhar Arthvyavastha organized by the Bharatiya Janata Party. Addressing the gathering virtually, PM Modi said, “There is a possibility of a new world order post-COVID pandemic. Today, the world's perspective of looking at India has changed a lot. Now, the world wants to see a stronger India. With the world's changed perspective towards India, it is imperative for us to take the country forward at a rapid pace by strengthening our economy.”

“After the World War 2, the entire world order changed. Similarly, after the Covid-19 pandemic, there is a changing world order. It is very important for us to make a self-reliant & modern India. This Budget has several important provisions to take India forward in the direction of modernity. India's economy is expanding continuously due to the decisions taken in the last 7 years,” he added.

Talking about the striking features of the Budget 2022, PM Modi said, “Union Finance Minister Nirmala Sitharaman comprehensively explained the Budget in a timely manner given its vastness. The budget has been appreciated from all the corners. Prior to 7 years, India's GDP was Rs 1 lakh 10,000 crores but today it's about Rs 2 lakh 30,000 crores. Even country's forex reserves have increased to $630 billion from $200 billion. All of this due to our government's effective policies.”

The Prime Minister asserted, “This Budget focuses on the poor, middle class and youth and aims to provide them basic necessities. Our government is working on the saturation of basic facilities. With efforts from our government, nearly 9 crore tap water connections in rural households have already been installed. Out of this, over 5 crore connections have been installed under the Jal Jeevan Mission in the last 2 years.”

Citing that the budget was more poor friendly, he said, “In this year's budget, there's provision for 80 lakh pucca houses for the poor. For the same, Rs 48,000 crore has been allotted. This will help them overcome poverty and take them forward. Our Government's housing project will make the poor lakhpatis.”

“Last year, FDI in India has crossed 80 billion dollar. In 2013-14, India's exports stood at Rs 2.85 lakh crore. Today, it has achieved Rs 4.7 lakh crore,” he added.

Highlighting the Union government’s vision behind Budget 2022, PM Modi stated, “In this budget, an announcement has been made that in Aspirational Districts, Aspirational Blocks will be worked upon in coordination with states. This will take developmental work to the lowest level of the society and empower them.”

“We have decided that we will develop the villages on India's borders. For the same, we are moving forward with a holistic approach. Such villages will have all facilities- electricity, water & others - and a special provision has been made in the budget,” he said. PM Modi talked about the Parvatmala project, he said, “it will provide modern connectivity and infrastructure in the Himalayan region. This will smoothen access to the hills - both for tourists, pilgrims and most importantly, for our defence forces.”

Expressing his happiness on the budget, PM Modi said, ' The budget also focused on modernizing Indian agriculture with a focus on organic farming. This will make farming more lucrative. Kisan drones and other machinery will be made available to the farmers at reasonable prices.”

Also, the Prime Minister talked about India having a new corridor for natural farming, he asserted that the natural farming corridor will run along the bank of River Ganga. The corridor for natural or organic farming will be 2,500 km long and 10 km wide. “We import edible oil worth Rs 80,000 Lakh. Hence, we have started a national project to stop the outflow of funds. This will help farmers. We have also started solar energy and Van Dhan Yojana for farmers. The Budget has boosted these efforts,” he added.

Talking more about the bonanza for farmers in Budget 2022, he said, “Fertiliser subsidy increased to Rs 1,05,000 crore. Nano fertiliser will also be introduced to help farmers. Fake news on MSP is rampant. But nearly Rs 2 lakh crore MSP will be disbursed. Farmers will get Rs 68,000 crore under DBT scheme.”

Giving a detailed statement about the new Budget at a programme organized by the Bharatiya Janata Party, PM Modi stated, “Our MSMEs are the oldest and strongest pillars of the Indian economy. During COVID, we started the ECGLS. This scheme has safeguarded nearly 1.5 crore jobs, and aided 6 crore lives. PLI schemes, too, is a good example. Today, India is emerging as a centre of mobile manufacturing. We are also witnessing good results in automobile and battery manufacturing sector.”

Addressing at a conclave of Aatmanirbhar Arthvyavastha, the PM said, “In 2013-14, public investment was at just Rs 1.87 lakh crore. In this year's budget, we've pegged it at Rs 7.5 lakh crore. Compared to UPA, this has seen a 4X rise. This will promote FDI and will create modern infrastructure in the country.”

PM Modi said, “Multimodal Logistics Parks will be set up at 4 places in the country. 100 PM Gatishakti Cargo Terminals will be developed for multimodal logistics facilities. This will reduce the time taken to transport anything for industries, trade and will also help in increasing exports from India. The Government is set to kickstart Ease of Doing Business 2.0. We have all faced the pandemic together and strongly. Our economy's fundamentals are strong, the direction is right and our pace is rapid.”

Click here to read full text speech

Explore More
শ্ৰী ৰাম জনমভূমি মন্দিৰৰ ধ্বজাৰোহণ উৎসৱত প্ৰধানমন্ত্ৰীৰ সম্বোধনৰ অসমীয়া অনুবাদ

Popular Speeches

শ্ৰী ৰাম জনমভূমি মন্দিৰৰ ধ্বজাৰোহণ উৎসৱত প্ৰধানমন্ত্ৰীৰ সম্বোধনৰ অসমীয়া অনুবাদ
India’s 5G traffic surges 70% Y-o-Y: Nokia report

Media Coverage

India’s 5G traffic surges 70% Y-o-Y: Nokia report
NM on the go

Nm on the go

Always be the first to hear from the PM. Get the App Now!
...
PM chairs CCS Meeting to review measures being taken in the context of ongoing West Asia Conflict
April 01, 2026
Interventions across agriculture, fertilizers, shipping, aviation, logistics and MSMEs to mitigate emerging challenges discussed
Supply diversification for LPG and LNG, fuel duty reduction and power sector measures reviewed to ensure stability of essential supplies
Steps being taken to ensure stable prices of essential commodities and strict action against hoarding and black-marketing
Control Rooms set up for constant monitoring and interaction with States/UTs on prices and enforcement of Essential Commodities Act
Various efforts being taken to ensure fertilizer supply such as maintaining Urea Production and coordination with overseas suppliers for DAP/NPKS supplies
PM assesses availability of critical needs for the common man
PM discusses availability of fertilisers in the country and steps being taken to ensure its availability in the Kharif and Rabi seasons
PM directs that all efforts must be made to safeguard the citizens from the impact of this conflict
PM underlines the need for timely & smooth flow of authentic information to the public to prevent misinformation and rumour mongering
Enough coal stock exists which shall serve power needs adequately in coming months

Prime Minister Shri Narendra Modi a special of the Cabinet Committee on Security (CCS) to review measures taken by various Ministries/Departments and also discussed further initiatives to be taken in the context of the ongoing West Asia conflict, at 7 Lok Kalyan Marg today. This was the second special CCS meeting on this issue.

Cabinet Secretary briefed about the action taken to ensure supply of petroleum products, particularly LNG/LPG, and sufficient power availability. Sources are being diversified for procurement of LPG with new inflows from different countries. Similarly, Liquefied Natural Gas (LNG) is being sourced from different countries. He further briefed that LPG prices for domestic consumers have remained the same and Anti-diversion enforcement to curb hoarding and black marketing of LPG is being conducted regularly.

Initiatives have also been taken to expand Piped Natural Gas connections. Measures like exempting the gas-based power plants with a capacity of 7-8 GW from gas pooling mechanism and increasing of rake for positioning more coal at thermal power stations etc. have also been taken to ensure availability of power during the peak summer months.

Further, interventions proposed to be taken for emerging challenges in various other sectors such as agriculture, civil aviation, shipping and logistics were also discussed.

Various efforts like maintaining urea production to meet requirements, coordinating with overseas supplies for DAP/NPKS suppliers are being taken to ensure fertilizer supply. State governments are being requested to curb black marketing, hoarding, and diversion of fertilizers through daily monitoring, raids, and strict action.

The retail prices of food commodities have been stable over the past one month. Control Rooms have been set up for constant monitoring and interaction with States/UTs on prices and enforcement of Essential Commodities Act. The prices of agricultural products , vegetables and fruits are also being monitored.

Efforts to globally diversify our sources for energy, fertilizers and other supply chains, and international initiatives for securing safe passage of vessels through the strait of Hormuz and ongoing diplomatic efforts are being taken.

Enhanced coordination, real-time communication, and proactive measures across central, state, and district levels to drive effective information dissemination and public awareness amid the evolving crisis is being undertaken.

Prime Minister assessed the availability of critical needs for the common man. He discussed availability of fertilisers in the country and steps being taken to ensure its availability in the Kharif and Rabi seasons. He said that all efforts must be made to safeguard the citizens from the impact of this conflict. Prime Minister also emphasised smooth flow of authentic information to the public to prevent misinformation and rumour mongering.

Prime Minister directed all concerned departments to take all possible measures to ameliorate the problems of citizens and sectors affected by the ongoing global situation.