• Friday, April 26, 2024

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India industry body FICCI welcomes Modi’s ‘Panchpran’ mantra in 76th Independence Day speech

Indias PM Narendra Modi addresses the nation from the ramparts of the Red Fort during the celebrations to mark country’s Independence Day in New Delhi on August 15, 2022.(Photo by MONEY SHARMA/AFP via Getty Images)

By: ANI

Indian industry body Federation of Indian Chambers of Commerce and Industry (FICCI) on Monday (15) welcomed prime minister Narendra Modi’s ‘panchpran’ or five pledges of development strategy announced for the next 25 years.

In his address to the nation on the occasion of the Independence Day, Modi called on the people of India to take ‘Panchpran’ (five pledges) for a developed nation and aim to fulfil the dreams of the freedom fighters by the year 2047 — the 100th year of India’s Independence.

The first pledge was to move forward with bigger resolves and resolve of developed India. The second was to erase all traces of servitude. The third is to take pride in our legacy, the fourth is the strength of unity for India’s dreams of ‘Ek Bharat Shreshtha Bharat’ and the fifth is the duties of citizens which include the prime minister and the chief ministers also.

“We welcome the direction shown by the Hon’ble Prime Minister by announcing the 5 pledges for India’s vision for 2047. The Hon’ble Prime Minister has also called upon the private sector to play a key role in the ‘Atmanirbhar Bharat’ (self-reliant India) initiative. The Indian industry will continue to play a dynamic role in achieving this vision,” said FICCI president Sanjiv Mehta.

Mehta further added that as pointed out by Modi, ‘Azadi ka Amrit Mahotsav’ (the grand celebration of Independence) is now moving towards ‘Amrit Kaal’ (era of fast progress).

“In this Amrit Kaal, everyone’s effort is necessary, and this collective effort will bring results. This collective endeavour of ‘Team India’ will turn our dreams into reality,” Mehta said while adding that women empowerment and dignity, as highlighted by Modi, is an absolute necessity.

“The economic impact of achieving gender equality in India is estimated to be USD 700 billion of added GDP by 2025”, he added.

The FICCI president also highlighted the emphasis made by the PM that the success of Digital India and startups, with the production of semiconductors, 5G networks, and optical fibre networks have shown strength in three sectors — education, health facility and changing common man’s lives.

“This augur well for the nation going ahead,” Mehta added. He said the PM’s emphasis on research and development and innovation being an integral part of the economic journey is crucial and an absolute necessity to break through the middle-income trap.

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