Like our farmers our scientists are working very hard and making our nation very proud: PM Modi #MannKiBaat
Met college students who made one of the satellites that was launched along with 20 others a few days ago by ISRO: PM #MannKiBaat
PM Narendra Modi lauds ISRO for launching 20 satellites in a go during #MannKiBaat
'Beti Bachao, Beti Padhao' has touched so many lives. The results of examinations show that girl students are excelling: PM #MannKiBaat
PM Modi appreciates induction of three women pilots into the Air Force during #MannKiBaat
The world marked #IDY2016 in a big way. People from all over the world joined the Yoga Celebrations: PM Modi #MannKiBaat
Twitter too joined #YogaDay celebrations through a special emoji: PM Modi during #MannKiBaat
UN headquarters were lit up first time to celebrate #YogaDay: PM Narendra Modi during #MannKiBaat
We need to think about how Yoga can mitigate diabetes: PM Modi during #MannKiBaat
Use #YogaFightsDiabetes and share your experiences on how Yoga can help mitigate diabetes: PM during #MannKiBaat
PM Modi talks about Emergency imposed during 1975, says the night of 25-26th June was the darkest for democracy #MannKiBaat
About 3 lakh people took part in ‘Rate My Government’ on MyGov portal. This is not a mere thing: PM Modi during #MannKiBaat
Government has set 30th September as last date to declare all undisclosed incomes: PM Modi during #MannKiBaat
Met Chandrakant Kulkarni, a retired government who is donating almost a third of his pension for a Swachh Bharat: PM during #MannKiBaat

My dear countrymen, my greetings (namaskar) to you all

Last year, we had to endure so many trials - the scorching heat of the summer, scarcity of water, drought conditions and so on. However, the past two weeks have been the harbinger of the welcome news of rainfall from different places, bringing in its wake a feeling of freshness. You too must have felt it. Going by the predictions of the scientists, this time there should be good rainfall, far and wide and throughout the rainy season. This news in itself charges us with a lot of enthusiasm. I extend my greetings to all our farmer brethren hoping for a bountiful rainfall.

In our country, like the toiling farmers, our scientists are also achieving success on many fronts to take our country to new heights. I have believed it right from the beginning that the new generation should nurture the dream of becoming scientists, should have keen interest in Science, and our youngsters should step forward with the zeal to do something for the coming generations. I also want to share another bright news with you. Yesterday I had gone to Pune, on the occasion of the anniversary of the Smart City Project. Over there I met those students of the Pune College of Engineering, who on their own have made a satellite, which was launched on 22nd June. I had called them to meet me, as I had a wish to see these young friends of mine, to interact with them and to experience firsthand the energy and enthusiasm within them. For the past many years, several students have made their contributions to this project. In a way, this academic satellite is a living example of the soaring flight of courage and ambition of the young India. That has led these our students to make this satellite. The dreams behind this small satellite are big and lofty; they soar high into the sky; the efforts put in by them are very intense. On similar lines as achieved by these Pune students, the students of Satyabhama University of Chennai in Tamil Nadu also created their satellite; and their SathyabamaSAT has also been launched. We have been hearing these things since childhood, and every child wishes deep inside his heart to touch the sky and grab a few stars. Keeping this in mind, in my opinion, these two satellites made by the students and launched by ISRO, are extremely important and most valuable. All these students deserve hearty congratulations. I also want to congratulate the people of the country that on 22nd June, our scientists at ISRO launched 20 satellites simultaneously into space, and in the process set a new record, breaking their own previous records. And this is also a matter of joy that of the twenty satellites which were launched in India, 17 satellites were from other countries. Along with America, the satellites of many other countries were launched on Indian soil by Indian scientists and along with these, those two satellites made by our students also reached outer space. And it is also noteworthy that owing to its guarantee of success with lesser cost, ISRO has carved its special place in the world. And for this very reason, many countries of the world are today looking towards India for the launching of their satellites.

My dear Countrymen, “Save the Girl Child, Educate the Girl Child” (Beti Bachao, Beti Padhao), has already become the Mann Ki Baat, the heartfelt wish of all the people of India. Still, some incidents infuse a new life into this slogan. This time in the results of 10th and 12th classes, our daughters have been doing wonderfully well, which is a matter of pride. And my dear countrymen, there is another significant event that all of us should take pride in. On 18th June, the Indian Air Force for the very first time inducted its first batch of women fighter pilots. You get goose pimples just at the mention of ‘women fighter pilots’; we feel so proud that these three Flying Officer daughters of ours- Avni Chaturvedi, Bhawna Kanth and Mohana, have achieved this great feat. What these three daughters have accomplished is truly special. Flying Officer Avni is from Rewa in Madhya Pradesh, Flying Officer Bhawana is from Begusarai in Bihar and Flying Officer Mohana is from Vadodara in Gujarat. You must have noticed that all these three daughters do not hail from metro cities of India. They do not even come from the capital cities of their respective states. Despite hailing from small cities and towns, they nurtured dreams as high as the sky, and they also made them come true. I extend my heartiest wishes to these three daughters Avni, Bhawana and Mohana as well as their parents.

My dear Countrymen, a few days ago on 21st June, the whole world organised grand shows in observance of the anniversary of the International Day for Yoga. As an Indian, when we witness the entire world coming together through Yoga, we realize that the entire world is getting linked with our past, present and future. We are forging a unique bond with the rest of the world. In India too, the International Yoga Day was celebrated at over 1 lakh places, with a lot of fervour and enthusiasm in myriad forms and hues, and in an atmosphere of gaiety. I also got an opportunity to perform Yoga in Chandigarh amidst thousands of Yoga lovers. It was worth watching the zeal of the young and old alike. You must have seen that last week the Indian government issued a postage stamp on ‘Surya Namaskar’ on the occasion of International Yoga Day. This time, people all over the world, on Yoga Day, were witness to two special events. One was at New York City where the United Nations Organisation -UNO Head Quarters building is located. A special projection depicting different postures of the various yoga asanas was organized on top of that building. And passersby kept taking pictures of these, and these pictures soon were being shared all over the world. Tell me, which Indian would not feel proud at such happenings? One more interesting thing happened. Technology is at work. Social media has created an identity of its own. And this time Twitter carried out a light hearted pleasant experiment in Yoga with its ‘Yoga imaging’. As soon as we typed ‘hash tag yoga day’, we would immediately get a picture of a yoga image on our mobile. And this image too went viral all over the world. Yoga by itself means adding - getting connected. Yoga has the power to connect the entire world. But for that to happen, first all of us need to get connected to Yoga.

Swati Srivastava from Satna in Madhya Pradesh, called me up on telephone after the Yoga Day and left a message for all of you but it seems that it pertains more to me: -

Sound Byte: “I wish that my entire country should be healthy and all the poor people also should remain free from diseases. For this I want that among the many ads that are played on Doordarshan, there should be one ad on Yoga, how it is to be done, and what are its benefits?”

Swati ji, your suggestion is very good, but if you observe carefully you will notice that not just on Doordarshan, but these days in India and outside India too, the Indian T.V. channels and channels of other countries are pitching in with their contribution to propagate Yoga. They all are shown at different times, but if you watch carefully, all these things are being done to disseminate information about Yoga. And I have seen that there are some countries in the world which have T.V. channels exclusively dedicated to Yoga 24 hours a day. And you probably know that, during the month of June, in view of the International Yoga Day, I used to share a video everyday of one particular asana of Yoga through Twitter and Face Book. If you go to the website of the Ministry of Ayush, you will see available there a 40-45 minutes very good video demonstrating one after another, different kinds of yog asanas for different parts of the body that you can do, people of all ages can do. To you and through you to all the people interested in Yoga, I would like to exhort to get connected to it.

This time I have made an appeal. When we say that Yoga is a way to rid oneself of illnesses, then why don’t we bring together all the different schools of thought of Yoga, which have their own methods, their own priorities and their own experiences. But all of them share the same final goal. All the prevalent systems of Yoga, all the functioning Yoga institutions, all the different Yoga Gurus, I have urged all of them to run a successful campaign this entire year on how to defeat Diabetes through Yoga. Can we control Diabetes through Yoga? Some people have been successful in that. Everyone has searched for a wayin this regard. And we know that there is no definite cure for Diabetes. One has to manage it with medicines. Diabetes is the master switch that triggers all other illnesses. It becomes an entrance for many other diseases. And so everyone is wary of Diabetes. A lot of people have worked in this direction. Some diabetic patients have also been able to control it thorough their yogic practice. Why don’t we share our experiences with other people to impart a momentum to this endeavour and create a kind of atmosphere for it for an entire year? I urge you to use– “Hashtag Yoga Fights Diabetes” I repeat- “Hashtag Yoga Fights Diabetes”. Use this Twitter handle and share your experiences on social media. Or send them to me on NarendraModiApp. Let us see what the various experiences are. At least, give it a try. I invite you to share your experiences on “Hashtag Yoga Fights Diabetes”.

My dear countrymen, sometimes my ‘Mann Ki Baat’ is ridiculed a lot and is criticized much also. However, this can only happen because all of us are committed to democracy. But today, as I speak to you on 26th June, and I want to especially say this to the new generation that this democracy that we take pride in, this democracy that has granted great power to us, every citizen has been empowered... but 26th June 1975 was also a day... the night of 25th June and the next morning, was a dark hour for the democracy of India when Emergency was imposed in India. All the rights of the citizens were suspended. The country was turned into a prison. Lakhs of people along with Jai Prakash Narain, thousands of leaders, many organisations were put behind bars. Many books have been written on that dark period. Many discussions have been held on it. But today, as I talk to you all on 26th June, we should not forget that our strength lies in our democracy. Our strength lies in the people’s power. Our strength lies in each and every citizen of our country. We have to carry forward this commitment and make it stronger. And it is this people’s power which has sustained democracy as its living embodiment. There might have been locks on newspaper houses, radio might have been speaking just one kind of language, still on the other hand, given the opportune moment, the citizens give an example of the power of Democracy. A great example of the democratic strength of the common people was witnessed during Emergency. And we must keep reminding our country of its democratic strength from time to time. And our endeavour should be to make people aware of their power and to always have the tendency to further strengthen it by linking more and more people to it. I always stress that Democracy doesn’t merely mean that people vote for you and give you the contract to run this country for five years. Certainly Not! Voting is certainly an important component but there are many other facets of democracy. And the biggest dimension is that of people’s participation, their attitude, their thinking. And the more the governments get connected with the people, the stronger they become. The chasm between the governments and the people leads to ruin. My endeavour has always been to ensure that the nation moves forward on the strength of people’s participation.

Recently, when my government completed two years of functioning, some young people of modern thinking suggested, “When you talk such big things about democracy, then why don’t you get your government rated by the people also.” In a way it had a tone of challenge as well as advice. But that stirred my mind. I raised this topic with some of my senior colleagues. Their first reaction was, “Oh no! Sir! What are you thinking of doing? These days technology has changed so much that if people get together and form a group and if they decide to misuse technology, then who knows in which direction they might take forward this survey.” They thus expressed their concern. But I felt, “No, we should go ahead even if it is a risk. We should give it a try and see what happens. Now a lot of surveys are conducted after the elections, during the elections, at other times also over some issues, sometimes to gauge the popularity, but the sample size of these surveys is not very big. However, my dear countrymen, I am happy to state that when I, through the medium of technology, using different languages, appealed to the masses to rate my government, a lot of people amongst you have expressed your opinion on ‘rate-my-government-MyGov. In.’ Lakhs of you displayed your interest in this but 3 lakh people devoted their time and put in serious effort for giving an answer to each and every question. I am grateful to these 3 lakh people that they displayed a lot of self initiative in rating the government. I won’t discuss the results. Our media persons are sure to do that. But I can say for sure that it was a good experiment. And this was a matter of joy for me that people speaking all the languages of India, residing in every corner of the country, hailing from all types of background... all of them participated in it. And the biggest thing was... and this, of course, came as a surprise to me... that maximum number of people took part in this exercise through the portal of the website of the Rural Employment Scheme which is being run by the government. Thus, my primary impression is that there has been a large and active participation of people connected to rural India and poverty issues. This I liked the most. So you have seen that while on 26th June some years ago the voice of the people was stifled, now is the time, when the people make their decisions, they judge whether the government is doing the right thing or not, is performing well or poorly. This is the real power of democracy.

My dear countrymen, today I want to make a special appeal for one thing. There was a time when taxes were so pervasive, that it became a habit to avoid taxation. There was a time when there were many restrictions imposed on bringing foreign goods into the country which gave rise to a lot of smuggling. But gradually, times have changed. Now it is not very difficult for the taxpayer to get connected with the taxation system of the government. But even then, old habits die hard. One generation still feels that it is best to keep away from the government. Today I want to impress upon you that we end up losing our peace of mind by trying to escape from rules and regulations. As a result, anybody can trouble and harass us. Why should we let this happen? Why don’t we, on our own, give the correct details of our income and property to the government, so that we can rid ourselves from the burden of hitherto undeclared assets? I appeal to the countrymen to do this. To the people who have undisclosed income, the Government of India has given a chance to declare such income. The government has presented before the country a special facility to disclose undisclosed income by the 30th of September.

We can be free ourselves of various burdens just by paying a fine. I have also promised that for those who voluntarily declare to the government their assets and their undisclosed income, then the government will not conduct any kind of enquiry. Not once will it be asked as to from where all this wealth came and how it was acquired. And so, this is a good chance for you to become a part of a transparent system. At the same time, I want to tell the people of the country that please consider this plan, which is up to 30th September as your last chance. In between, I had even told the Members of the Parliament that after 30th September if any citizen is put through any difficulty, the one who does not want to follow due rules of government, then it will not be possible to help them. I want to say this to the people of the country that we do not wish that after the 30th September anything should happen that will cause difficulties for you. And so I say that please avail of this facility before this date and save yourselves from any possible trouble after the 30th of September.

My dear countrymen, I had to talk about this in Mann Ki Baat today because recently I held a two-day conclave with the Revenue Departments- all the officials of the Income Tax, Customs and Excise Departments. And I have told them in clear words that we should not perceive citizens as crooks. We should have trust and faith in the citizens. We should hold hands with them. If they want to follow rules, we should encourage them, and lovingly help them cross over. It is important to build an atmosphere of trust. We shall have to bring about a change through our conduct. We shall have to reassure the taxpayer. I stressed this upon them and I noticed that they too realized that today when the nation is surging ahead, all of us must contribute to it. And when I was taking inputs from them in this conclave, I gathered information which I want to share with you as well. None of you will believe that in a country of 125 crore people, one and a half, only one and a half lakh people exist, whose taxable income is more than 50 lakh rupees. Nobody will be able to swallow something like this. People having a taxable income of more than 50 lakh rupees can be seen in big cities in large numbers. Just looking at their bungalows worth 1 or 2 crores, one wonders how they can be in a tax bracket of less than 50 lakhs. This means that there is something wrong somewhere. We have to change this situation. And this has to change before 30th September. Before taking any extreme steps, the government must give a chance to the people. And so my dear brothers and sisters, this is a golden chance for you to disclose your undisclosed income. And in another way, this is the way out to save yourself from any trouble that could arise after 30th September. I urge you to come forth in this task for the betterment of our country, for the upliftment of the poor. And I do not want that you should face any problems after 30th September.

My dear countrymen, the common man of this country is always looking for a chance to do something for the country. When I asked the people to give up their cooking gas subsidy, more than 1 crore families of this country voluntarily gave up their subsidy. And now I want to cite an example especially for those people who have undisclosed income. Yesterday when I went to Pune for the Smart City programme, over there I got the chance to meet Shri Chandrakant Damodar Kulkarni and his family. I had called them especially to meet me. And what was the reason? Anyone who has ever evaded tax, my words may or may not inspire that person, but the example of Shri Chandrakant Kulkarni is sure to inspire him. Do you know what the reason is? Shri Chandrakant Kulkarni is an ordinary man who belongs to an average middle class family. He used to work for the government. Then he retired. He receives a pension of sixteen thousand rupees. And my dear countrymen, you will be surprised to hear, and those who are in the habit of evading tax will get a shock to know that Chandrakant Kulkarni Ji, who gets a pension of only rupees sixteen thousand, some time back wrote a letter to me saying that out of his pension of 16,000, he voluntarily wants to donate Rs. 5000 per month for the Cleanliness Campaign. And not just this, he sent me 52 cheques, post dated, which bear a date for each forthcoming month. We certainly do not have any right to evade tax in this country where there is one such government employee, who after retirement, out of a pension of mere sixteen thousand rupees, gives five thousand for the Cleanliness Campaign. No one could be a greater source of inspiration than Chandrakant Kulkarni. And for the people who are associated with the Cleanliness Campaign also, there could be no better inspiring example than Chandrakant Kulkarni. I called Chandrakantji face to face. I met him and his life has touched my heart. I express my felicitations and admiration for the Kulkarni family, I congratulate them. And surely there must be countless people like them about whom I have no information. These are the very people... and this is the power and strength of the masses. A man with a pension of sixteen thousand rupees sends me cheques worth two lakhs, sixty thousand in advance, is this a small thing? Come, let us search deep down inside our hearts, and ponder over the fact that the government has given us an opportunity to disclose our incomes. While thinking of Chandrkant Kulkarni, let us also follow him.

My dear countrymen, Santosh Negi from Pauri Garhwal in Uttarakhand, has called up to relate one of his experiences. He has given a message regarding water conservation. Friends, his experience can be of use to you as well: -

Sound Byte: “Drawing inspiration from you, in our school, before the onset of monsoon we dug 250 small trenches which were 4 feet deep, along the side of the playground, so that rainwater could be collected in these. This way the play ground remained unspoilt and there was no danger of children drowning in these... and we managed to save crores of litres of rainwater which fell on the playfield.”

Santoshji, I would like to thank you for sending me this message. Pauri Garhwal is a hilly area where you have done such splendid work. You deserve congratulations for that. The people of our country should certainly enjoy the rains but let us also be mindful that this is a holy gift from the Almighty. This is a limitless wealth. We should make every effort to conserve every single drop of water. How can we retain the rainwater of the villages there itself and similarly preserve rainwater of cities therein. To recharge Mother Earth once again, how can we replenish water back to the earth? If there is water today, only then can there be a tomorrow. Water is the basis of all life. An atmosphere has certainly been created in the country. Lately, in all the states a lot of measures have been taken for water conservation. But now that we are going to have the bounty of rain water, we must see to it that it doesn’t just flow away. We are so concerned about saving lives; we should be equally concerned about saving water.

My dear countrymen, you already know that number 1922 ...it must have become a part of your memory by now. ... 1-9-2-2 . This 1922 is one such number that if you give a missed call to it, you can listen to Mann Ki Baat in the language of your choice. By listening to Mann Ki Baat, at the time of your convenience, in the language of your choice, you too can make up your mind and resolve to contribute to the journey of the nation’s progress.

My namaskar once again to all my countrymen, Thank You.

Explore More
શ્રી રામ જન્મભૂમિ મંદિર ધ્વજારોહણ ઉત્સવ દરમિયાન પ્રધાનમંત્રીના સંબોધનનો મૂળપાઠ

લોકપ્રિય ભાષણો

શ્રી રામ જન્મભૂમિ મંદિર ધ્વજારોહણ ઉત્સવ દરમિયાન પ્રધાનમંત્રીના સંબોધનનો મૂળપાઠ
Why global AI leaders are flocking to the India AI Impact Summit in New Delhi

Media Coverage

Why global AI leaders are flocking to the India AI Impact Summit in New Delhi
NM on the go

Nm on the go

Always be the first to hear from the PM. Get the App Now!
...
In this decade of the 21st century, India is riding the Reform Express: PM Modi at ET Now Global Business Summit
February 13, 2026
Amid numerous disruptions, this decade has been one of unprecedented development for India, marked by strong delivery and by efforts that have strengthened our democracy: PM
In this decade of the 21st century, India is riding the Reform Express: PM
We have made the Budget not only outlay-focused but also outcome-centric: PM
Over the past decade, we have regarded technology and innovation as the core drivers of growth: PM
Today, we are entering into trade deals with the world because today's India is confident and ready to compete globally: PM

You are all welcome to this Global Business Summit; I extend my greetings to each one of you. We are here to discuss the theme “A Decade of Disruption, A Century of Change.” After listening to Vineet ji’s speech, I feel my task has become much easier. But let me make a small request-since you know so much, it should sometimes also be reflected in ET.

Friends,

The past decade of the 21st century has been one of unprecedented disruption. The world has witnessed a global pandemic, tensions and wars in different regions, and supply chain breakdowns that shook the global balance, all within a single decade. But friends, it is said that the true strength of a nation is revealed in times of crisis, and I take great pride in the fact that amid so many disruptions, this decade has been one of unprecedented development for India, marked by remarkable delivery and the strengthening of democracy. When the previous decade began, India was the eleventh-largest economy. Amid such turbulence, there were strong apprehensions that India might slip further down. But today, India is moving rapidly toward becoming the world’s third-largest economy. And the “Century of Change” that you speak of will, I say with great responsibility, rest significantly on India. Today, India contributes more than 16 percent to global growth, and I am confident that in every coming year of this century, our contribution will keep increasing steadily. I have not come here like an astrologer making predictions. India will drive global growth; it will emerge as the new engine of the world economy.

Friends,

After the Second World War, a new global order took shape. But after seven decades, that system is breaking down. The world is moving toward a new world order. Why is this happening? It happened because the foundation of the earlier system was based on a “One Size Fits All” approach. It was believed that the world economy would be centered in the core and that supply chains would become strong and dependable. Nations were seen merely as contributors within that framework. But today, this model is being challenged and is losing its relevance. Every country now realizes that it must build its own resilience.

Friends,

What the world is discussing today, India made part of its policy as early as 2015, ten years ago. When NITI Aayog was established, its founding document clearly articulated India’s vision: India would not import a single development model from any other country. We would pursue an Indian approach to India’s development. This policy gave India the confidence to make decisions according to its own requirements and in its own national interest. That is a key reason why, even during a decade of disruption, India’s economy did not weaken but continued to grow stronger.

Friends,

In this decade of the 21st century, India is riding on a Reform Express. The greatest feature of this Reform Express is that we are accelerating it not out of compulsion but with conviction, and with a commitment to reform. Many distinguished experts and stalwarts of the economic world are present here. You have seen the period before 2014. Reforms were undertaken only when circumstances forced them, when crises struck, when no other option remained. The reforms of 1991 happened when the country faced the danger of bankruptcy and had to pledge its gold. That was the approach of earlier governments-they undertook reforms only out of compulsion. After the 26/11 terrorist attack, when the Congress government’s weaknesses were exposed, the NIA was formed. When the power sector collapsed and grids began to fail, only then did reforms in the power sector occur out of necessity.

Friends,

There is a long list of examples reminding us that when reforms are made under compulsion, neither the correct results nor the desired national outcomes are achieved.

Friends,

I am proud that in the last eleven years, we have carried out reforms with complete conviction-reforms in policy, in process, in delivery, and even in mindset. Because if policy changes but processes remain the same, if the mindset remains unchanged, and if delivery does not improve, reforms remain merely pieces of paper. Therefore, we have made sincere efforts to transform the entire system.

Friends,

Let me speak about processes. A simple yet crucial process is that of Cabinet notes. Many here would know that earlier, it would take months just to prepare a Cabinet note. How could a nation develop at that speed? So we changed this process. We made decision-making time-bound and technology-driven. We ensured that a Cabinet note would not remain on any officer’s desk beyond a fixed number of hours-either reject it or take a decision. The nation is witnessing the results today.

Friends,

Let me also give the example of approvals for railway overbridges. Earlier, it would take several years to get a single design approved. Multiple clearances were required, and letters had to be written at various levels-and I am speaking not about the private sector, but about the government. We changed this as well. Today, see the pace at which road and railway infrastructure is being built. Vineet ji elaborated on this extensively.

Friends,

Another interesting example is border infrastructure, which is directly linked to national security. There was a time when even constructing a simple road in border areas required permissions from Delhi. At the district level, there was practically no authority empowered to make decisions; there were wall upon walls, and no one could take responsibility. That is why, even decades later, border infrastructure remained in poor condition. After 2014, we reformed this process, empowered local administration, and today we are witnessing rapid development in border infrastructure.

Friends,

One reform in the past decade that has created a stir worldwide is UPI, India’s digital payment system. It is not merely an app; it represents an extraordinary convergence of policy, process, and delivery. Those who could never even imagine accessing banking and financial services are now being served by UPI. Digital India, the digital payment system, the Jan Dhan-Aadhaar-Mobile trinity-these reforms were not born of compulsion but of conviction. Our conviction was to ensure the inclusion of citizens whom previous governments had never reached. Those who were never cared for, Modi honors and empowers. That is why these reforms were undertaken, and our government continues to move forward with this same spirit.

Friends,

This new mindset of India is also reflected in our Budget. Earlier, when the Budget was discussed, the focus was only on outlay-how much money was allocated, what became cheaper or costlier. On television, budget discussions would revolve almost entirely around whether income tax had increased or decreased, as if nothing beyond that existed in the country. The number of new trains announced would dominate headlines, and later no one would ask what happened to those announcements. Therefore, we transformed the Budget from being merely outlay-centric to being outcome-centric.

Friends,

Another significant change in the Budget discourse is this: before 2014, there was extensive discussion about off-budget borrowing. Now, there is the discussion about off-budget reforms. Beyond the Budget framework, we implemented next-generation GST reforms, replaced the Planning Commission with NITI Aayog, removed Article 370, enacted legislation against triple talaq, and passed the Nari Shakti Vandan Act.

Friends,

Whether announced within the Budget or beyond it, the Reform Express continues to gather speed. In just the past year, we have carried out reforms in the ports and maritime sector, taken numerous initiatives for the shipbuilding industry, advanced reforms under the Jan Vishwas Act, enacted the Shanti Act for energy security, implemented labor law reforms, introduced the Bharatiya Nyaya Sanhita, reformed the Waqf law, and introduced a new GRAM G Act to promote rural employment. Numerous such reforms have been undertaken throughout the year.

Friends,

This year’s Budget has propelled the Reform Express even further. While the Budget has many dimensions, I will speak about two important factors-Capex and Technology. As in previous years, infrastructure spending has been increased to nearly ₹17 lakh crore in this Budget as well. You are aware of the significant multiplier effect of capex; it enhances the nation’s capacity and productivity and generates large-scale employment across numerous sectors. The construction of five university townships, the creation of city economic regions in Tier-2 and Tier-3 cities, and seven new high-speed rail corridors, such Budget announcements are, in the truest sense, investments in our youth and in the nation’s future.

Friends,

Over the past decade, we have regarded technology and innovation as core drivers of growth. With this vision, we promoted a start-up culture and a hackathon culture across the country. Today, India has more than two lakh registered start-ups operating across diverse sectors. We encouraged our youth and fostered a spirit that rewards risk-taking. The results are evident before us. This year’s Budget further strengthens this priority. Significant announcements have been made, particularly for sectors such as biopharma, semiconductors, and AI.

Friends,

As the country’s economic strength has grown, we have also empowered the States proportionately. Let me share another figure. Between 2004 and 2014, over ten years, the States received around ₹18 lakh crore as tax devolution. In contrast, from 2014 to 2025, States have been given ₹84 lakh crore. If I add the approximately ₹14 lakh crore proposed in this year’s Budget, the total tax devolution to States under our government will reach nearly ₹100 lakh crore. This amount has been transferred by the Union Government to various State governments to advance development initiatives in their respective regions.

Friends,

These days, there is considerable discussion about India’s FTAs-Free Trade Agreements. As I entered here, the conversations had already begun, and analyses are taking place across the world. Today, however, let me present another interesting perspective-perhaps not the angle the media seeks, but one that may be useful. I firmly believe that what I am about to say may not have crossed your minds either. Have you ever wondered why such extensive free trade deals with developed nations did not materialize before 2014? The country was the same, the youthful energy was the same, the government system was the same-so what changed? The change came in the government’s vision, in its policy and intent, and in India’s capabilities.

Friends,

Reflect for a moment-when India was labeled among the “Fragile Five” economies, who would have engaged with us? In a village, would a wealthy family agree to marry their daughter into an impoverished household? They would look down upon it. That was our situation in the world. When the country was gripped by policy paralysis, surrounded by scams and corruption, who could have placed their trust in India? Before 2014, India’s manufacturing base was extremely weak. Earlier governments were hesitant; hardly anyone approached India, and even if efforts were made, they feared that deals with developed nations would result in those countries flooding our markets and capturing them. In that atmosphere of despair, before 2014, the UPA government managed comprehensive trade agreements with only four countries. In contrast, the trade deals concluded by India over the past decade cover 38 countries across different regions of the world. Today, we are entering trade agreements because India is confident. Today’s India is prepared to compete globally. Over the past eleven years, India has built a robust manufacturing ecosystem. Therefore, India today is capable and empowered, and that is why the world trusts us. This transformation forms the foundation of the paradigm shift in our trade policy, and this paradigm shift has become an essential pillar in our journey toward a Developed India.

Friends,

Our government is working with full sensitivity to ensure that every citizen participates in development. Those left behind in the race for progress are being prioritized. Previous governments only made announcements for persons with disabilities; we too could have continued that path. But sensitivity defines governance. The example I am about to give may seem small to some of you. Just as our country has linguistic diversity, sign language too was fragmented-one form in Tamil Nadu, another in Uttar Pradesh, a third in Gujarat, a fourth in Assam. If a differently-abled person from one state travelled to another, communication became difficult. This may not appear to be a major task, but a sensitive government does not consider such matters trivial. For the first time, India has institutionalized and standardized Indian Sign Language. Similarly, the transgender community had long struggled for their rights; we enacted legislation granting them dignity and protection. In the past decade, millions of women were freed from the regressive practice of triple talaq, and reservation for women in the Lok Sabha and State Assemblies was ensured.

Friends,

The mindset within the government machinery has also transformed, becoming more sensitive. This difference in thinking is visible even in schemes like providing free food grains to the needy. Some in the opposition mock us; certain newspapers amplify such mockery. They ask why free rations are given when 250 million people have supposedly risen out of poverty. It is a peculiar question. When a patient is discharged from a hospital, does the doctor not still advise precautions for several days? Yes, the person has come out of poverty, but that does not mean support should immediately cease. Those with narrow thinking fail to understand that lifting someone out of poverty is not sufficient; we must ensure that those who have entered the neo-middle class do not slip back into poverty. That is why continued support in the form of free food grains remains necessary. Over the past years, the Central Government has spent lakhs of crores on this scheme, providing immense support to the poor and the neo-middle class.

Friends,

We also observe a difference in thinking in another context. Some people question why I speak of 2047. They ask whether a Developed India will truly materialize by then, and whether it matters if we ourselves are not present at that time. This, too, is a prevalent mindset.

Friends,

Those who fought for India’s independence endured lathi charges, imprisonment in Cellular Jail, and even mounted the gallows. Had they thought that independence might not come in their lifetime and questioned why they should suffer for it, would India ever have attained freedom? When the nation comes first, when national interest is paramount, every decision and every policy is shaped for the country. Our vision is clear-we must continue working tirelessly to build a Developed India. Whether we are present in 2047 or not, the nation will endure, and future generations will live on. Therefore, we must dedicate our present so that their tomorrow is secure and bright. I sow today so that the generations of tomorrow may reap the harvest.

Friends,

The world must now prepare to live with disruption. Its nature may evolve over time, but rapid change in systems is inevitable. You can already witness the disruption brought by AI. In the coming years, AI will usher in even more revolutionary transformations, and India is prepared. In a few days, India will host the Global AI Impact Summit. Nations and technology leaders from across the world will gather here. Together with all of them, we will continue striving to build a better world. With this confidence, I once again extend my best wishes to all of you for this Summit.

Thank you very much.

Vande Mataram.