Despite the global crisis, India’s President Droupadi Murmu says 2023 was a historic year for the fastest-growing major economy in Parliament. Indian economic growth was 7.80% and 7.60% in April-June and July-September 2023-24.
President Droupadi Murmu informed a joint Parliament that 2023 was a milestone for India as it remained the fastest-growing economy despite the global crisis. The Indian economy grew 7.80% and 7.60% in April-June and July-September 2023-24.
Despite the worldwide crisis, India grew quickest in 2023. She told Parliament for the national government that India grew 7.5% over two quarters.
President Murmu opened the Budget Session with her first speech in the new Parliament building. She said substantial policy conversations in the new building were crucial for ‘Ek Bharat, Shreshth Bharat’ and democratic and parliamentary traditions.
First speech at the new Parliament building. Early in Amrit Kaal, this lovely building was created. This smells like ‘Ek Bharat, Shreshth Bharat’ It supports democracy and parliament. Murmu added that it wants to build 21st-century Indian traditions.
President Murmu said her government’s poverty reduction was a continuation of a decade’s work. President also underlined the importance of the new Parliament building in developing 21st-century Indian customs.
President Droupadi Murmu praised government development in her remarks. She underlined the government’s focus on developing undeveloped areas.
My government also aided underdeveloped areas. Many indigenous settlements got electricity and roads in the past decade. Only now are lakhs of tribal families getting pipeline water. My government is providing 4G connectivity to thousands of tribal-dominated villages under a unique scheme. Sickle cell anemia has tormented tribal families for generations. This first national mission has begun. So far, 1.40 crore checked.”
President Murmu noted EV growth. About 2000 EVs were sold in 2014-15. About 15 lakhs by December 2023. The President credited significant economic developments to the government’s dedication to good governance and openness, which underpin every system introduced in the past decade.
“2014-15 had almost 2000 EV sales in the country). By December 2023, approximately 15 lakhs were sold. My government has built every system on good governance and openness over the past decade. This is why the economy has improved “Droupadi Murmu declares.
In the ensuing sessions, Finance Minister Nirmala Sitharaman will submit the interim Union Budget. The 10-day Budget Session may end on February 9 after eight sittings. The interim budget covers fiscal demands until the April-May Lok Sabha elections, which elect a new government.
In an all-party meeting, Parliamentary Affairs Minister Pralhad Joshi said the session would focus on the Interim Union Budget for 2024-25 and the Motion of Thanks on the President’s Address. Important legislative and other business may be discussed during the session. The agenda includes supplemental demands for grants for 2023-24 and debates on the Union Territory of Jammu and Kashmir’s 2024-25 interim budget.
Conclusion
In Parliament, India’s President Droupadi Murmu called 2023 a historic year for the country’s economy, which remained the fastest-growing amid the global crisis. Indian economic growth was 7.80% and 7.60% in April-June and July-September 2023-24. Murmu emphasized the government’s democratic and parliamentary traditions and poverty eradication. She also noted the government’s efforts to develop underserved areas, including delivering electricity and roads to hundreds of tribal settlements, clean water through pipes, and 4G internet. She also noted the December 2023 sales of approximately 15 lakh electrified vehicles. The interim Union Budget for 2024-25 and the Motion of Thanks on the President’s Address will be discussed in the forthcoming sessions.
