Overview
- During a national address, the prime minister urged consumers to “say it with pride, I buy swadeshi,” calling for conscious choices of Made-in-India goods.
- He inaugurated and unveiled maritime and development projects reported at over ₹34,200 crore, with some outlets citing larger aggregates, spanning facilities from Mumbai’s cruise terminal to upgraded cargo capacity at multiple ports.
- New maritime steps include ‘One Nation, One Document’ and ‘One Nation, One Port’ processes, reworked maritime laws, and infrastructure status for large ships to ease financing for shipbuilders.
- Modi announced three schemes to support shipbuilding with easier credit, modern technology adoption, and stronger design and quality standards, with more than ₹70,000 crore planned in coming years.
- He appealed to states and MSMEs to expand domestic manufacturing and highlighted GST changes taking effect from Monday, describing a simplified two-rate structure and projecting ₹2.5 lakh crore in consumer savings this year.