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Text of PM’s address during the centenary celebrations of Shri Ram College of Commerce (SRCC)

PM Modi addressed SRCC's centenary celebrations, contrasting India's 2013 'fragile five' status with current 7.8% GDP growth, 60 crore Jan Dhan accounts, ₹2.5L cr mobile exports, and ₹40K cr defence exports. He highlighted policy shift from 'policy paralysis' to 'policy dynamism', citing P2G2 governance, Make in India, and defence self-reliance via negative import lists. The speech serves as a report card on 10-year transformation across economy, finance, defence, and digital infrastructure.

Source: Press Information Bureau (official). This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.

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Key points

Exam-ready takeaways

PM Modi addressed Shri Ram College of Commerce (SRCC) centenary celebrations in Delhi University, referencing his 2013 speech at same venue

India's GDP growth at 7.8% quarterly (Q1 FY25) despite West Asia conflict; Japanese credit rating agency upgraded India's rating

Jan Dhan Yojana completed 12 years: ~60 crore new bank accounts opened since 2014; 50%+ population unbanked in March 2014

Mobile phone exports crossed ₹2.5 lakh crore (from mostly imports in 2014); Defence production ~₹2 lakh crore, exports ~₹40,000 crore (from ₹600-700 cr in 2013-14)

Negative import list for defence expanded from 500 to 3,000+ items; India now 'fastest growing major economy' from 'fragile five' in 2013

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