Prime Minister Shri Narendra Modi participates in Centenary Celebrations of Shri Ram College of Commerce
Prime Minister Shri Narendra Modi participated in the centenary celebrations of Shri Ram College of Commerce (SRCC), paying tribute to the founder Shri Ram. During his address, he highlighted India's robust economic growth, including a 7.8 percent quarterly growth rate, and detailed achievements across various sectors such as infrastructure, manufacturing, and defense exports.
Why It Matters
Important for candidates tracking current affairs, national addresses by the Prime Minister, and key economic growth statistics announced by the government.
In Simple Words
Prime Minister Shri Narendra Modi celebrated the 100th anniversary of Shri Ram College of Commerce (SRCC). He praised the institution's history and its notable alumni who have succeeded across various fields globally.
He also highlighted India's economic progress, citing a 7.8 percent quarterly growth rate, rising smartphone and defense exports, and the success of welfare schemes like the Jan Dhan Yojana.
Key Points
- Prime Minister Shri Narendra Modi participated in the centenary celebrations of Shri Ram College of Commerce (SRCC).
- India recorded a 7.8 percent quarterly growth amidst West Asia war and global trade hurdles.
- Electricity production increased by 9 percent between April and June.
- Overall vehicle sales surged by over 20 percent, driven by a 20 percent growth in two-wheelers and nearly 30 percent in three-wheelers.
- Steel and cement consumption saw an 8 percent increase.
- The Jan Dhan Yojana integrated around 60 crore citizens into the banking system over 12 years.
- Smartphone exports now exceed Rs 2.5 lakh crore.
- Domestic defense production reached nearly Rs 2 lakh crore, with defense exports rising to Rs 40,000 crore.
Exam Angle
𝕏 Official Update
A. 7.8 percent
Source: Press Information Bureau