Government Announces New Employment Scheme
- Prime Minister Narendra Modi made an announcement of a new scheme worth ₹1 lakh crore for the youth.
- The scheme will be run under the Pradhan Mantri Viksit Bharat Rozgar Yojana.
- New recruits in private firms will be paid ₹15,000 monthly by the government.
- The announcement was made in the Prime Minister's speech from the Red Fort on the 79th Independence Day.
India Heads Towards Self-Reliance
- Prime Minister Modi announced that India has triumphed over various challenges.
- The nation, which used to rely on others for food grains, now exports them globally.
- He added that India will keep heading towards self-reliance in every area despite challenges.
Made in India Chips to be Launched
- The Prime Minister elucidated that self-reliance is not relating to the holding of foreign currency.
- He reiterated robustness in production and autonomy in technology.
- Under the Make in India initiative, India is progressing in the defense industry and other sectors.
- He added that the nation is manufacturing its own semiconductors, a notion thought of decades ago.
- Made in India chips will be coming in the market soon.
Future GST Reforms
- Prime Minister Modi confirmed that there have been discussions with states regarding GST reforms.
- He added that changes in new-generation GST will be brought before Diwali.
- These changes seek to lower the cost burden on the ordinary citizen.
- He termed them a "Diwali gift" of the government.
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