Modi says 'sleeping elephant' India has woken up

James Marshall
August 15, 2018

In a statement, President of industry chamber CII Rakesh Bharti Mittal said the speech reiterated the growing confidence of the world in the Indian growth story and emphasised that India would continue to lead in different areas, including the fourth industrial revolution.

His remarks came after Prime Minister Narendra Modi announced in his Independence Day address that India will attempt a manned mission into space by 2022 on board "Gaganyaan".

Months after Modi's election in 2014, India became the first Asian nation to reach Mars when its first mission to the red planet entered orbit, at a cost of $74 million, or less than the budget of the Hollywood space blockbuster "Gravity".

Modi also attacked the opposition over the non-passage of triple talaq bill in the just-concluded monsoon session of Parliament and promised to do justice to Muslim women by getting it passed early. However of late, it has launched missions like Chandrayaan-1 (moon mission) and Mangalyaan that had aroused tremendous interest among people.

Last year, the country launched a record 104 satellites in one blast-off. Prime Minister Modi said that had the country continued at the pace of 2013 under the UPA, the country would not have achieved many socio-economic targets that it has in the past four years for decades.

In 2009 India terminated the mission a year earlier than planned, after scientists lost all contact with their unmanned orbiting spacecraft.

A crucial sensor in the main craft malfunctioned in July experts believe.

'Our efforts to establish contact have failed. It would enhance the national prestige, the ISRO chief said.

'There was no point continuing with the mission'.

Weighing almost 3,300kg (7,300lbs), the spacecraft will take off from the Satish Dhawan Space Centre in Sriharikota, off India's southwest coast.

It is now set for launch in January 2019.

Prime Minister Narendra Modi on Wednesday hailed India s growing role in the world economy, calling it a "sleeping elephant" that has woken up, in a keynote national speech before a looming election campaign.

Healthcare scheme: PM Modi informed that the Pradhan Mantri Jan Arogya Abhiyaan (also known as Ayushman Bharat) will be launched on 25th September 2018.

He said its economy was seen as fragile before 2014 but was now attracting investment.

Indians today across the globe are feeling proud as the country has become the sixth largest economy in the world, he said. India is the sixth-largest economy in the world and Modi said worldwide institutions see India as giving strength to the world economy for the next three decades. He went on to list reforms like the Goods and Services Tax (GST), bankruptcy and insolvency law and benami property law and said they had helped transform the economy.

Emphasising the need for the equal development of Ladakh, Jammu and the Valley regions - one of the BJP's alleged grouses against the PDP was its bias to Kashmir - Modi said his party believed in former Prime Minister Atal Bihari Vajpayee's path of "insaniyat, Kasmiriyat, Jamhuriyat (humanity, composite culture, democracy)".

Other reports by Click Lancashire

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