India

Budget To Introduce ‘Historic Steps’ Aiming For India To Become 3rd Largest Economy: President Murmu

President Droupadi Murmu, in her address to Parliament on Thursday, emphasized that the forthcoming Union Budget would embody the government’s comprehensive policies and forward-looking vision. She highlighted that the budget would feature significant economic and social decisions, as well as historic initiatives.

President Murmu stated, “The pace of reforms will be further accelerated in tune with the aspirations of the people of India for rapid development. My Government believes that there should be healthy competition among the states to attract investors from all over the world.”

Also read: India: First Responder And Voice Of The Global South, Declares President Murmu

She noted India’s remarkable economic progress over the past decade, rising from the 11th to the 5th largest economy globally. From 2021 to 2024, India has maintained an average annual growth rate of 8 percent, achieving this amidst the challenges of the COVID-19 pandemic and various global conflicts.

“Today, India alone is contributing 15 percent of the global growth,” President Murmu stated. She affirmed the government’s commitment to making India the third largest economy in the world, which would lay the foundation for a developed nation.

Kavya Bhatt

Recent Posts

Stalin Slams Dharmendra Pradhan Over ‘Uncivilised’ Remark On Tamil Nadu MPs

M K Stalin accused Pradhan of insulting Tamil Nadu’s people and questioned Prime Minister Narendra…

30 mins ago

Prime Minister Modi To Visit Mauritius For National Day Celebrations And Strengthen Bilateral Ties

Prime Minister Narendra Modi will embark on a two-day visit to Mauritius, where he will…

40 mins ago

Patiala House Court Extends MK Faizi’s ED Remand For 3 More Days

Patiala House Court has granted a 3-day extension to the Enforcement Directorate (ED) remand of…

1 hour ago

Court Rejects Rashid Engineer’s Bail Plea In Terror Funding Case

Rashid argued that, as an elected representative, he must fulfill his responsibility by attending the…

1 hour ago

Worst Seems To Be Over For Indian Markets; GDP Growth To Rebound: Goldman Sachs

India’s GDP grew by 6.4% year-on-year in Q4 2024, supported by private consumption. Goldman Sachs…

2 hours ago

Ayodhya Land Dispute Reaches Supreme Court; Petition Claims Law Violations

The petition accuses the UP government of irregularities in land acquisition from 2021 to 2023.…

2 hours ago