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Tag: Economic Reforms

Nirmala Sitharaman Reflects on India's Early Development Model at NCAER Lecture

Nirmala Sitharaman Reflects on India's Early Development Model at NCAER Lecture

Speaking at the C.D. Deshmukh Lecture hosted by NCAER, Union Finance Minister Nirmala Sitharaman reflected on India's early post-independence development strategy. She highlighted the establishment of institutions such as ISRO, BARC, BHEL and the IITs, while noting that slow infrastructure execution, dependence on external powers, and limited focus on exports affected India's long-term economic trajectory.

PM Modi Highlights India's 7.7% Growth, Reforms in Monsoon Session

PM Modi Highlights India's 7.7% Growth, Reforms in Monsoon Session

Prime Minister Narendra Modi said India's resilient economy achieved a 7.7% growth rate despite global conflicts and energy challenges. Addressing the Monsoon Session of Parliament, he highlighted major achievements, including a new oil refinery in Rajasthan, the country's third semiconductor plant, and the launch of India's advanced green hydrogen-powered train, crediting reforms and the efforts of scientists, engineers, innovators and workers for driving the nation's rapid progress.