Prime Minister hailed India’s vibrant space sector during his Independence Day address. Mr Modi said that the space sector is playing a key role in making India a strong nation. Prime Minister Modi said that his government has made many reforms in the space sector, liberating it from the restrictions of the past.  Mr Modi said that hundreds of start-ups have come up in the space sector.

Prime Minister Modi said that the reforms carried out by his government have revived the banking sector. He said that earlier the banking sector was going through tough times, but there is growth in the segment today. PM Modi said that Indian banks are today among the few banks that are strong globally, owing to major reforms undertaken by his government. Mr Modi said that a strong banking system gives strength to the formal economy.

Prime Minister Modi further said that 75 thousand new medical seats will be added in the country in the next five years. Mr Modi said that students spend lakhs and crores of rupees for medical education abroad and thus the government will be creating 75,000 new medical seats in the next 5 years.  This will increase access to medical education in the country.