Indian economy is in the ‘pink of health’, assures President Murmu on eve of Independence Day
President Droupadi Murmu addresses the nation on the eve of the 79th Independence Day, on Aug. 14
| Photo Credit:
Sansad TV
President Droupadi Murmu on Thursday said that India’s economy is “in the pink of health” and well on its way to becoming a developed nation by 2047, with growth powered by calibrated reforms and “sagacious economic management” by the Modi government.
In her address to the nation on the eve of the 79th Independence Day, the President said India clocked a 6.5 per cent GDP growth rate in the last fiscal, making it the fastest-growing major economy even amid global headwinds. “Demand at home is pacing ahead, inflation is under control, exports are rising. All key indicators show the economy in the pink of health,” she noted.
She credited the combination of calibrated reforms and sagacious economic management alongside the contribution of farmers, workers, and entrepreneurs for the buoyancy, while highlighting rising infrastructure investments, digital transformation, and welfare initiatives that have lifted millions out of poverty and narrowed income gaps.
Murmu said that regional disparities are fading, weaker States are catching up, and India’s self-reliance push is boosting confidence. “The all-round economic growth complemented by social sector initiatives has placed India well on the path of becoming a developed economy by 2047,” she said, stressing that youth, women, and formerly marginalised communities will be key drivers of this journey.
Turning to national security, she stated that Operation Sindoor demonstrated that our armed forces are prepared to meet any eventuality when it comes to guarding the nation. With strategic clarity and technical capability, they destroyed terrorist hubs across the border.
World has taken note of India’s stance that we will not be aggressor but will also not hesitate to retaliate in defence of our citizens, she stressed.
“I believe, Operation Sindoor will go down in history as an example in humanity’s fight against terrorism,” the President observed.
According to her, Operation Sindoor was also a test case of the Atmanirbhar Bharat mission in the defence sector. The outcome has proved that we are on the right path.
Our indigenous manufacturing has achieved the critical level that makes us self-sufficient in meeting many of our security requirements. These are landmark achievements in India’s defence history since Independence, she said.
The President concluded with a call to unite against corruption, protect the environment, and work together for a prosperous, equitable, and self-reliant India.
Published on August 14, 2025
