
Modi governance a turning point in devpt: Purandeswari
Speaking at a press conference at the BJP office here on Sunday, she said Modi, having personally experienced poverty, introduced numerous schemes focused on the welfare of the poor after assuming office in 2014. 'His tenure has seen a balanced emphasis on both development and welfare,' she noted, adding that the PM is moving ahead with an unwavering commitment to achieving the goal of Viksit Bharat by 2047.
She said that before 2014, only 7 crore people had access to banking. Thanks to the Jan Dhan Yojana, over 55 crore people now benefit from banking services. Under the Jal Jeevan Mission, safe drinking water has reached 15 crore people, and 12 crore toilets were built under the Swachh Bharat Mission.
Purandeswari also spoke of key welfare schemes like the Ayushman Bharat health insurance programme, which has provided healthcare worth Rs 1.3 lakh crore to 9 crore citizens, and affordable medicines through Jan Aushadhi stores.
Reports by IMF, UNDP, and World Bank have affirmed that 25 crore people have been lifted out of poverty and poverty rates have dropped by 25%, she said.
She praised digital governance, citing that 49 per cent of global digital payments now happen in India, with 95 crores smartphones in use nationwide.
She credited direct benefit transfers (DBT) for curbing corruption and ensuring transparency.
On Andhra Pradesh, she criticised the previous government's neglect of Amaravati but welcomed the current state government's renewed focus. She noted the Centre's Rs 15,000 crore funding through the World Bank and Rs 11,000 crore from HUDCO for Amaravati, in addition to Rs 20,000 crore for regional connectivity are making Amaravati a reality.
She also spoke of Centre's continued support for the Polavaram project and Visakhapatnam Steel Plant. On a diplomatic front, she expressed pride in being part of India's diplomatic delegation post-Operation Sindoor, visiting six nations, including the UK, Germany, and France to counter global misinformation on terrorism.
At the end of the event, Purandeswari was felicitated by MLC Somu Veerraju, BJP district president P. Nagendra, and other leaders.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)

Business Standard
8 minutes ago
- Business Standard
India set to ease entry of private firms into nuclear power generation
The government may change nuclear laws to let private companies run plants, as it works on rules and targets 100 GW of clean energy from nuclear power by the year 2047 The government is working on rules that could open up nuclear power generation to private companies. It's a move that is aimed at strengthening India's clean energy goals under the Viksit Bharat 2047 plan, according to a report by The Economic Times. Why it matters Nuclear power in India is currently restricted to government-owned entities. Allowing private participation could help scale up capacity and cut project costs at a time when the country is racing to meet growing energy demands while cutting emissions. The Centre is considering specific eligibility criteria for private players keen to run nuclear power plants. These discussions include possible changes to key laws, including the Atomic Energy Act and the Civil Liability for Nuclear Damage Act, the news report said. Eligibility being planned New regulations would include checks on financial and technical strength. Criteria could include: *Consistent positive revenue over a defined period *Prior experience in handling large-scale infrastructure *Strong financial health and operational stability However, these conditions will be formalised only after legal amendments are made and notified. The goal is to ensure only serious and capable companies enter the nuclear energy sector, The Economic Times mentioned. Where India stands on nuclear energy *8.8 GW: India's current installed nuclear capacity *23: Number of operational nuclear plants, all run by the Nuclear Power Corporation of India Ltd (NPCIL) *22 GW by 2032: Short-term goal *100 GW by 2047: Long-term target under clean energy plans Focus on cost, timelines Last month, PK Mishra, principal secretary to the Prime Minister, highlighted that timely project execution, affordable financing, and involvement of private players are crucial to reducing electricity tariffs and ensuring the viability of nuclear energy projects. Speaking at the valedictory function of the 68th batch of scientific officers at the Bhabha Atomic Research Centre (BARC) Training School, Mishra urged scientists to focus on innovation and cost-cutting approaches to help position nuclear power as the country's primary energy source. Building small nuclear reactors India is also working on three types of small modular reactors (SMRs), Union Minister Jitendra Singh told the Parliament last month. These include: *200 MWe Bharat SMR *55 MWe SMR *5 MWth High Temperature Gas Cooled Reactor for hydrogen production *All are being developed indigenously He said that construction of demo units could begin within 60-72 months after project approvals.
&w=3840&q=100)

Business Standard
8 minutes ago
- Business Standard
Mamata to be held accountable for inciting linguistic conflict: BJP
Amid chaos over Delhi police allegedly referring to Bengali as Bangladeshi language in a communication note, Bharatiya Janata Party (BJP) leader on Monday morning hit out at West Bengal Chief Minister Mamata Banerjee, suggesting that she be booked under National Security Act (NSA) for allegedly inciting linguistic conflict. He argued that her reaction to the entire issue was "misplaced and dangerously inflammatory", while adding that Delhi Police's letter does not describe Bangla as a 'Bangladeshi' language. "Mamata Banerjee's reaction to Delhi Police referring to the language used by infiltrators as 'Bangladeshi' is not just misplaced, it is dangerously inflammatory. Nowhere in the Delhi Police letter is Bangla or Bengali described as a 'Bangladeshi' language. To claim otherwise and call upon Bengalis to rise against the Centre is deeply irresponsible. Mamata Banerjee should be held accountable--perhaps even under the National Security Act--for inciting linguistic conflict," Malviya posted on X. He said that the police were "absolutely right" in referring to the language as Bangladeshi in the context of identifying infiltrators since the term focuses on dialects, syntax, and speech patterns that are different from Bangla spoken in India. "The official language of Bangladesh is not only phonologically different, but also includes dialects like Sylheti that are nearly incomprehensible to Indian Bengalis," Malviya said. "Delhi Police is absolutely right in referring to the language as Bangladeshi in the context of identifying infiltrators. The term is being used to describe a set of dialects, syntax, and speech patterns that are distinctly different from the Bangla spoken in India. The official language of Bangladesh is not only phonologically different, but also includes dialects like Sylheti that are nearly incomprehensible to Indian Bengalis," he added. Malviya further stated that Delhi police's use of "Bangladeshi language" was a shorthand for linguistic markers used to profile alleged illegal immigrants from the neighbouring country. "There is, in fact, no language called 'Bengali' that neatly covers all these variants. "Bengali" denotes ethnicity, not linguistic uniformity. So when the Delhi Police uses "Bangladeshi language," it is a shorthand for the linguistic markers used to profile illegal immigrants from Bangladesh, not a commentary on Bengali as spoken in West Bengal," he said. His remarks come after Banerjee on Sunday accused the Delhi Police of describing Bengali as a "Bangladeshi language", calling it scandalous, anti-national and unconstitutional. Sharing a letter by Delhi Police on X, Banerjee said, "See now how Delhi police under the direct control of the Ministry of Home, Government of India, is describing Bengali as 'Bangladeshi' language! Bengali, our mother tongue, the language of Rabindranath Tagore and Swami Vivekananda, the language in which our National Anthem and the National Song (the latter by Bankim Chandra Chattopadhyay) are written, the language in which crores of Indians speak and write, the language which is sanctified and recognised by the Constitution of India, is now described as a Bangladeshi language!!" Meanwhile, Communist Party of India (Marxist) leader Mohammed (Md) Salim also trained guns on Delhi Police, calling it "illiterate", posted on X, "Will the 'illiterate' [?]Delhi Police tell us what's this 'Bangladeshi language'? Moreover, why Delhi Police has failed to make their officers aware of the 8th Schedule of our Constitution. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Economic Times
8 minutes ago
- Economic Times
Godrej Properties shares rise 2% after 15% YoY surge in Q1 PAT. Should you buy, sell or hold?
Shares of Godrej Properties rose 2.4% to an intraday high of Rs 2,098 on the BSE on Monday, following the announcement of a 15% year-on-year (YoY) increase in net profit for the quarter ended June 2025. ADVERTISEMENT The real estate developer reported a consolidated profit after tax (PAT) of Rs 600 crore in Q1FY26. However, total income for the quarter declined 3% YoY to Rs 1,593 crore, down from Rs 1,638 crore in the same period last year. Despite the dip in income, operational momentum remained strong. The company achieved a booking value of Rs 7,082 crore during the quarter, driven by the sale of 4,231 apartments covering a total area of 6.17 million square feet. While this marked an 18% YoY decline in area sold, it was the eighth consecutive quarter in which Godrej Properties recorded bookings exceeding Rs 5,000 the quarter, the company launched six new projects and phases, with a combined sales potential of Rs 8,500 crore. Additionally, collections rose 22% YoY to Rs 3,670 crore, reflecting strong cash inflows. ADVERTISEMENT Antique has revised its target price for Godrej Properties to Rs 2,723 from Rs 3,101 while maintaining a 'Buy' brokerage said the company delivered a decent Q1 performance with continued momentum in business development (BD). However, it flagged concerns around the high base effect, noting that sustaining growth and margins may be challenging. It also revised its EV/EBITDA multiple down to 9x from 10x, reflecting a moderating growth outlook. The target price is based on 1HFY28E estimates, and the long-term view remains positive. ADVERTISEMENT Avendus lowered its target price to Rs 1,750 from Rs 1,800, retaining a 'Sell' rating. ADVERTISEMENT It expects pre-sales to stabilize after a 2.5x surge over the past three years. The brokerage also noted that higher construction outflows led to a YoY decline in Q1FY26 operating cash flow (OCF) despite better collections. It projects OCF to tighten to Rs 5,000–6,000 crore over FY26–27 due to continued cost pressures. Net debt is expected to rise to Rs 7,000 crore by FY27 from Rs 4,000 crore in FY25. The stock is currently trading at 9x FY27E EV/ Oswal (MOSL) maintained a 'Buy' rating with a target price of Rs 2,843. ADVERTISEMENT The brokerage noted that revenue was impacted by soft deliveries in Q1, but expects upcoming launches to drive pre-sales. The company has already achieved 57% of its annual BD target. Strong housing demand and industry consolidation are seen as key growth drivers. For FY26, Godrej Properties has guided for Rs 40,000 crore in launches and Rs 32,500 crore in pre-sales. MOSL has retained its pre-sales estimates for FY26 and FY27. Also read: Rekha Jhunjhunwala exits Nikhil Kamath, Madhusudan Kela-backed smallcap stock with 111% returns in 3 years (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)