PM Modi hails rise in rural consumption, says vision is to empower villages
Saturday, 4 January 2025 PM Narendra Modi celebrated the rise in rural consumption and the drop in poverty levels, highlighting the recent household consumption expenditure survey and SBI study. The rural poverty rate decreased significantly from 26% in 2011-12 to less than 5% in 2023-24. Modi emphasized the importance of empowering rural India for a developed nation.
Amid escalating trade tensions with the US, Prime Minister Modi asserted India's commitment to prioritizing its farmers, small industries, and youth welfare. He.. IndiaTimes
Prime Minister Narendra Modi released the 19th installment of the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) scheme during his visit to Bhagalpur, Bihar, on.. DNA
India has reportedly declined a U.S. offer to buy F-35 stealth fighter jets, according to Bloomberg. The offer was made by President Trump during Prime Minister Modi’s visit to Washington in February. Instead of purchasing American jets, India is prioritizing joint defense manufacturing initiatives and has shown greater interest in the Russian Su-57, especially after its debut at Aero India.
The Indian Ministry of External Affairs downplayed Bloomberg’s report, confirming no formal talks on the F-35 have taken place yet. Meanwhile, the U.S. has slapped 25% tariffs on Indian imports due to a failed trade deal, escalating tensions. Trump also announced India would face a penalty over its continued defense ties with Russia. This deepening rift could impact U.S.-India defense cooperation and reshape future arms procurement.
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Saturday, 4 January 2025
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