PM Modi Outlines Transformative Programmes Driving India’s Growth Trajectory

On Tuesday, Prime Minister Narendra Modi spotlighted several pioneering initiatives, including the National Critical Minerals Mission, Mission Sudarshan Chakra, Viksit Bharat Rozgar Yojana and the National Deep Water Exploration Mission, which are propelling India’s economy towards the vision of a ‘Viksit Bharat’.

The Prime Minister shared his remarks on the social media platform, responding to an article by Minister of Petroleum and Natural Gas Hardeep Singh Puri, which detailed how the reforms introduced under PM Modi have accelerated India’s progress on the path to realising the ‘Viksit Bharat’ ambition.

Taking to X, Hardeep Singh Puri posted, “PM Sh @narendramodi Ji’s unprecedented 12th Independence Day speech was remarkable for its sweep and scope. The speech which unleashed a Brahmastra – aimed at accelerating India’s path to Visit Bharat reminded us, the world is watching an ancient civilisation transform into a modern power – not by abandoning its roots but by drawing strength from them.”

Red Fort Charter: Blueprint for Reform

In his article titled ‘Red Fort Charter’, Puri elaborated, “From energy security to employment, PM Modi laid out a blueprint for wide-ranging reform. The speech was remarkable not merely for its sweep but for its scope, next-generation reforms that are bold, and capable of reshaping the destiny of 1.4 billion people, with a clarity of vision that the nation has never witnessed before.”

The minister added that India’s strategic focus on critical technologies, launch of the National Critical Minerals Mission, emphasis on nuclear power, initiation of Mission Sudarshan Chakra, implementation of sweeping tax and legal reforms, the Viksit Bharat Rozgar Yojana, and the National Deep Water Exploration Mission, among other transformative measures, will likely triple India’s domestic hydrocarbons output to 85 million tonnes by 2032.

Puri also noted that energy security had long been a stumbling block for India’s growth.

Historically, restrictions and ‘no-go’ zones hindered exploration and reinforced reliance on imports.

Under PM Modi’s leadership, restrictions on Exclusive Economic Zones, reduced by nearly 99 per cent, unlocking 1 million sq km for exploration and production (E&P).

“Coupled with Open Acreage Licensing Policy (OALP), this has opened a vast canvas to Indian champions and global majors alike — our hydrocarbon basins will no longer lie dormant but be harnessed for national progress,” the minister noted.

The National Deepwater Exploration Mission, announced from the Red Fort, sets an ambitious agenda across the Bay of Bengal and the Arabian Sea.

The project seeks to unlock 600–1,200 million metric tonnes of oil and gas reserves via approximately 40 exploratory wells.

For the first time, India will systematically develop its complex offshore frontiers, with a framework that mitigates investment risk by allowing cost recovery of up to 80 per cent for dry wells and 40 per cent upon commercial discovery.