June 27th 2024.
In her first address to the joint sitting of Parliament after the formation of the 18th Lok Sabha, President Droupadi Murmu spoke about the upcoming budget and its significance. She mentioned that the budget, which will be presented by the government in the next Parliament session, will be a reflection of their futuristic vision. It will not only include major economic and social decisions, but also take historic steps that will benefit the country in the long run. President Murmu emphasized that the speed of reforms will be increased in order to fulfill the aspirations of the people.
She also expressed her belief in promoting healthy competition between states for investment, stating that this aligns with the principle of cooperative federalism. In her words, "This is in the spirit of competitive-cooperative federalism." President Murmu then went on to highlight India's impressive economic growth, stating that it has become the world's fifth-largest economy. Despite facing challenges such as a global pandemic and conflicts in different parts of the world, India has maintained an average 8% growth in the last 10 years. This, according to the President, is a result of the reforms implemented over the past decade. She proudly stated that India alone is contributing 15% to global growth and her government is working towards making it the world's third-largest economy.
President Murmu's speech was met with great enthusiasm and anticipation as she mentioned the importance of the upcoming budget and the positive impact it will have on the country's future. The government's futuristic vision and commitment to reforms have already shown promising results and the people are eager to see more progress. With the upcoming budget, the government aims to fulfill the aspirations of the people and continue India's impressive economic growth. The President's address served as a reminder of the country's potential and the government's determination to unlock it for the betterment of all.
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